Cheaper 2017 Honda Fit Car Insurance Rates in 2024

Searching for better insurance rates for your Honda Fit? Shopping for budget insurance over the internet might seem overwhelming for vehicle owners not familiar with shopping for insurance over the internet. With such a big selection of agents and companies, how can vehicle owners even start to compare every insurance company to find lower insurance premiums?

It’s smart to get comparison quotes on a regular basis because insurance prices go up and down regularly. Even if you think you had the lowest rates for Fit insurance six months ago you may be paying too much now. There are lots of tips to save on insurance out there, but you can learn some solid techniques on how to buy insurance cheaper.

The Honda Fit insurance price equation

Smart consumers have a good feel for the rating factors that aid in calculating the rates you pay for insurance. If you have a feel for what influences your rates, this allows you to make educated decisions that could help you find lower rates. Many factors are taken into consideration when you get a price on insurance. A few of the factors are predictable such as traffic violations, but other factors are more obscure like where you live or your vehicle rating.

• Cheaper rates by combining – The majority of insurance companies apply better rates to customers who buy several policies from them such as combining an auto and homeowners policy. Discounts can amount to ten percent or more. Even with this discount, consumers should still compare other company rates to confirm you are receiving the best rates possible.
• Discounts for theft deterrents – Purchasing a vehicle that has an advanced theft prevention system can help lower your premiums. Systems that thwart theives like OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems all help prevent car theft and help bring rates down.
• Bump up comp and collision deductibles to lower rates – Protection for physical damage, also called comprehensive and collision insurance, insures against damage to your Honda. Some examples of covered claims are a broken side mirror, vandalism, and rolling your vehicle. The deductibles define the amount the insured will be required to pay if a covered claim is submitted. The larger the amount you have to pay, the lower your rates will be for Fit insurance.
• Drive a safer car and pay less – Cars with five star safety ratings tend to be cheaper to insure. Safe vehicles help reduce the chance of injuries in an accident and any reduction in injury severity translates into fewer and smaller insurance claims and lower rates for you.
• Don’t abuse policy claims – Companies award cheaper rates to people who do not rely on their insurance for small claims. If you file claims often, you can pretty much guarantee either higher rates or even cancellation. Auto insurance is intended to be relied upon for claims that you cannot pay yourself.
• Never have insurance lapses – Allowing your coverage to lapse is a sure-fire way to pay more for insurance. In addition to paying higher premiums, getting caught without coverage may result in a revoked license or a big fine.
• Cheaper rates after marriage – Having a significant other can get you a discount on insurance. Marriage generally demonstrates drivers are more responsible it has been statistically shown that married drivers get in fewer accidents.
• Females tend to cost less – Over time, data shows females are less aggressive when driving. The data does not necessarily mean that women are better drivers. Both genders have accidents in similar percentages, but men cause more damage and cost insurance companies more money. Men also get higher numbers of serious violations such as driving while intoxicated (DWI) or driving recklessly.

Affordable insurance coverage

Many insurance companies allow consumers to get insurance quotes online. Getting online quotes is possible for anyone as you just type in your coverage information on the page. After you submit the form the quote system orders your driving and credit reports and gives you a price quote based on the information you submitted.

Being able to quote online makes it a lot easier to compare rates but the time required to go to a lot of sites and type in the same information can get tiresome after awhile. Unfortunately, it is important to do this if you are searching for the lowest price.

There is an easier way to compare rates

A quicker way to get multiple rate quotes uses one form to return rates from a lot of companies. It’s a real time-saver, reduces the work, and makes online price comparison much easier. Immediately after submitting the form, it is quoted and you can select any or none of the quote results. If the quotes result in lower rates, it’s easy to complete the application and purchase the new policy. The entire process takes just a few minutes to complete and may save quite a bit of money.

If you want to find out what other companies charge, simply enter your zip code here and complete the simple form. If you have coverage now, it’s recommended you copy coverages and limits identical to your current policy. This ensures you’re receiving comparison quotes for similar coverage.

Drivers who switch save $420 a year? Really?

Popular insurance providers such as 21st Century, Allstate and State Farm constantly bombard you with television, radio, and online ads. All the companies convey the message that you’ll save big if you change your policy. How is it plausible that every one can have lower policy pricing? Here is how they do it.

All companies have strict underwriting profiles for a prospective insured that earns them the most money. An example of a profitable customer might be over the age of 50, has never had a policy lapse, and the vehicle is rated for pleasure use. Any new insured that hits that “sweet spot” receives the best prices and will most likely save when switching.

People who do not match this stringent profile may receive higher premiums which translates to the prospect going elsewhere. The ads state “drivers that switch” but not “all drivers who get quotes” can get the lowest rates when switching. That’s why insurance companies can confidently advertise the way they do. This really drives home the point why drivers must compare price quotes frequently. Because you never know which insurance companies will have the best premium rates.

Insurance companies offer money-saving discounts

Some providers don’t necessarily list all their discounts very well, so the following list contains some of the best known as well as some of the hidden discounts you could be receiving when you buy car insurance online.

• No Charge for an Accident – This one is not really a discount per se, but certain companies will turn a blind eye to one accident before they charge you more for coverage as long as you don’t have any claims for a certain period of time.
• Professional Memberships – Participating in a professional or civic organization can get you a small discount when shopping for insurance.
• Discount for Multiple Policies – If you insure your home and vehicles with the same insurance company they may give you a discount of approximately 10% to 15%.
• Student Driver Training – Have your child complete a driver education course in high school.
• Lower Rates for Military – Being on active duty in the military may qualify for rate reductions.
• Government Employees – Being employed by or retired from a federal job could cut as much as 10% off for Fit insurance with some insurance companies.

It’s important to understand that most credits do not apply to the entire cost. Most cut the price of certain insurance coverages like liability, collision or medical payments. Just because you may think you can get free auto insurance, you aren’t that lucky.

Companies and some of their more popular discounts are shown below.

• Progressive offers premium reductions for multi-policy, homeowner, online signing, good student, online quote discount, multi-vehicle, and continuous coverage.
• MetLife discounts include accident-free, defensive driver, good driver, good student, claim-free, and multi-policy.
• Mercury Insurance may have discounts that include age of vehicle, good student, accident-free, anti-theft, and good driver.
• Nationwide has savings for anti-theft, business or organization, defensive driving, easy pay, and good student.
• GEICO may include discounts for emergency military deployment, membership and employees, anti-lock brakes, federal employee, military active duty, and driver training.
• AAA may offer discounts for pay-in-full, AAA membership discount, education and occupation, multi-car, and good driver.

Before purchasing a policy, check with every company how many discounts you can get. All car insurance discounts might not be offered in your area. For a list of providers with the best discounts, enter your zip code here.

Do I just need basic coverages?

When it comes to choosing adequate coverage, there really is no best way to insure your cars. Everyone’s situation is a little different.

Here are some questions about coverages that can help discover whether or not you will benefit from professional help.

• Do I need higher collision deductibles?
• Is my business laptop covered if it gets stolen from my vehicle?
• Can my babysitter drive my car?
• Is a fancy paint job covered?
• What if I total my 2017 Honda Fit and owe more than it’s worth?
• Why am I be forced to buy a membership to get insurance from some companies?

If it’s difficult to answer those questions but you think they might apply to your situation then you might want to talk to an agent. If you don’t have a local agent, take a second and enter your zip code.

Auto insurance coverage information

Having a good grasp of insurance can help you determine which coverages you need and proper limits and deductibles. The coverage terms in a policy can be ambiguous and coverage can change by endorsement.

Uninsured/Underinsured Motorist coverage – This coverage gives you protection when other motorists either have no liability insurance or not enough. Covered claims include hospital bills for your injuries and damage to your Honda Fit.

Due to the fact that many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is important protection for you and your family.

Comprehensive coverage – This covers damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive insurance covers things such as hitting a deer, damage from a tornado or hurricane, hitting a bird and a broken windshield. The maximum payout your insurance company will pay is the ACV or actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Liability – Liability coverage can cover injuries or damage you cause to people or other property. It protects YOU against claims from other people. It does not cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have values of 50/100/50 that translate to $50,000 in coverage for each person’s injuries, $100,000 for the entire accident, and a total limit of $50,000 for damage to vehicles and property.

Liability coverage pays for things like emergency aid, medical services and structural damage. How much liability should you purchase? That is a personal decision, but consider buying as much as you can afford.

Collision coverage – This pays to fix your vehicle from damage caused by collision with an object or car. You have to pay a deductible and then insurance will cover the remainder.

Collision insurance covers things like driving through your garage door, scraping a guard rail, crashing into a ditch, sideswiping another vehicle and hitting a mailbox. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are 8 years or older. Another option is to bump up the deductible to save money on collision insurance.

Medical payments coverage and PIP – Med pay and PIP coverage provide coverage for expenses like ambulance fees, surgery and pain medications. They are used to cover expenses not covered by your health insurance plan or if you lack health insurance entirely. It covers you and your occupants as well as getting struck while a pedestrian. PIP is only offered in select states and gives slightly broader coverage than med pay

Have the Midas touch

Drivers leave their current company for many reasons like high prices, an unsatisfactory settlement offer, policy cancellation and even extreme rates for teen drivers. Regardless of your reason for switching companies, finding the right auto insurance provider can be easy and end up saving you some money.

While you’re price shopping online, never sacrifice coverage to reduce premiums. There are too many instances where someone dropped collision coverage only to regret that their decision to reduce coverage ended up costing them more. Your focus should be to get the best coverage possible for the lowest cost while not skimping on critical coverages.

Budget-conscious 2017 Honda Fit insurance can be sourced on the web as well as from insurance agents, and you should be comparing both so you have a total pricing picture. Some auto insurance companies may not have online quoting and most of the time these small insurance companies only sell coverage through independent agencies.