2018 Honda Fit Insurance Quotes in 2024

Searching for lower insurance coverage rates for your Honda Fit? Are you frustrated by the sheer number of insurance coverage sources that you can choose from? There are such a vast assortment of sources available that it can be a chore to find the best prices.

If you currently have a car insurance policy, you will be able to save some money using this strategy. Pricing affordable car insurance is quite easy. Although vehicle owners must understand the way insurance companies price online insurance.

You can change your insurance rates

One of the most helpful ways to save on insurance coverage is to to have a grasp of the factors that aid in calculating the level of your policy premiums. When you know what positively or negatively influences your rates, this empowers consumers to make smart changes that can help you get lower premium levels. Many factors are used in the calculation when pricing auto insurance. Some are pretty understandable like your driving record, but others are more transparent such as your marital status or your commute time.

The following are some of the items companies use to determine your premiums.

• Where you live can impact costs – Residing in less populated areas of the country may provide you with better prices when buying insurance coverage. Fewer drivers on the road means a lower chance of having an accident. People in densly populated areas have to deal with congested traffic and longer commute times. More time commuting means higher likelihood of an accident.
• Vehicles with better crash test results save money – Cars with five star safety ratings can get you lower premiums. Safer cars reduce the chance of injuries and fewer serious injuries means your insurance company pays less which can result in lower premiums.
• Buy as much liability protection as you can afford – Liability coverage is the protection if you are ruled to be at fault for causing personal injury or damage in an accident. Liability insurance provides for a legal defense which can cost a lot. It is affordable coverage when compared to the cost of physical damage coverage, so do not skimp.
• Never let your policy expire – Driving without insurance is not a good idea and you may have a hard time finding new coverage because you let your insurance lapse for non-payment. Not only will rates go up, being ticketed for driving with no insurance can result in a steep fine or even jail time. You will then be forced to prove you have insurance by filing a SR-22 with your state motor vehicle department.
• Do you really need to file that insurance claims? – If you file a lot of claims you should expect either higher rates or even cancellation. Insurance companies award better rates to drivers who do not file claims often. Your insurance policy is intended to be relied upon for the large, substantial claims.

Get lower rates by earning discounts

Auto insurance companies do not advertise their entire list of discounts in an easy-to-find place, so we researched some of the more common in addition to some of the lesser obvious credits available to you.

• Employee of Federal Government – Having worked for a branch of the government can earn a discount up to 10% on Fit coverage depending on your company.
• Life Insurance – Select insurance carriers reward you with a break if you buy auto and life insurance together.
• Discounts for Responsible Drivers – Drivers who avoid accidents can get discounts for up to 45% lower rates on Fit coverage than drivers with accident claims.
• Early Switch Discount – A few companies give discounts for switching to them prior to your current policy expiring. You may see this discount when you get insurance coverage quotes online.
• Telematics Data – Drivers who elect to allow their car insurance company to study when and where they use their vehicle by using a small device installed in their vehicle such as In-Drive from State Farm or Allstate’s Drivewise system may see discounts if their driving habits are good.
• New Vehicle Savings – Buying a new car model can save up to 30% since new model year vehicles have better safety ratings.

A quick disclaimer, most of the big mark downs will not be given to your bottom line cost. Most cut specific coverage prices like liability and collision coverage. Just because it seems like you could get a free car insurance policy, companies wouldn’t make money that way. Any qualifying discounts will reduce the amount you pay for coverage.

A list of companies and some of their more popular discounts are outlined below.

• GEICO may have discounts that include membership and employees, good student, military active duty, five-year accident-free, daytime running lights, anti-lock brakes, and seat belt use.
• MetLife offers premium reductions for multi-policy, defensive driver, claim-free, good student, accident-free, and good driver.
• Progressive includes discounts for good student, online signing, multi-policy, continuous coverage, online quote discount, homeowner, and multi-vehicle.
• Travelers offers discounts including multi-car, early quote, hybrid/electric vehicle, driver training, good student, and student away at school.
• SAFECO may include discounts for homeowner, multi-car, accident prevention training, drive less, and safe driver.
• AAA has discounts for multi-car, multi-policy, AAA membership discount, good student, anti-theft, pay-in-full, and good driver.

When comparing rates, check with every company how many discounts you can get. Some credits may not apply to policyholders in your area. If you would like to choose from a list of insurance companies that offer many of these discounts, enter your zip code here.

Well known brands might not be cheapest

Insurance coverage providers like Progressive, Allstate and GEICO endlessly run ads on television and other media. All the ads tend to make the same promise that you’ll save big just by switching your insurance coverage policy to them. That’s great but how can every company charge you less for car insurance? Here is the trick they use.

Companies give the best rates for a prospective insured that will not have excessive claims. An example of this type of risk profile could be between the ages of 30 and 45, carries full coverage, and has excellent credit. Anyone who meets those qualifications will get a cheap rate quote and have a good chance to save if they switch.

Potential customers who may not quite match this stringent profile may be required to pay a higher premium which translates to the customer not purchasing. The ad wording is “customers who switch” not “everyone who quotes” save that much when switching. That’s why companies can truthfully make claims that they all have the best car insurance rates. This really drives home the point why drivers must get a wide range of price quotes. It’s not possible to predict which company will have the lowest rate quotes.

Your insurance coverage should be tailored to you

When it comes to buying the right insurance coverage, there really is not a “best” method to buy coverage. Every insured’s situation is different.

For instance, these questions can aid in determining if your insurance needs might need professional guidance.

• Do I have coverage when using my vehicle for my home business?
• Are rock chip repairs covered?
• When can I cancel my policy?
• Am I getting all the discounts available?
• Is extra glass coverage worth it?
• How many claims can I have before being cancelled?

If you can’t answer these questions but a few of them apply then you might want to talk to a licensed insurance agent. To find an agent in your area, fill out your zip code.

Car insurance coverages 101

Having a good grasp of a car insurance policy aids in choosing the right coverages at the best deductibles and correct limits. Policy terminology can be confusing and nobody wants to actually read their policy.

Collision coverage protection

Collision coverage pays for damage to your Fit from colliding with another car or object. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for things such as hitting a mailbox, rolling your car and colliding with another moving vehicle. This coverage can be expensive, so you might think about dropping it from lower value vehicles. Another option is to raise the deductible in order to get cheaper collision rates.

Comprehensive car insurance

This pays for damage from a wide range of events other than collision. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things like fire damage, damage from a tornado or hurricane, rock chips in glass and vandalism. The most a car insurance company will pay at claim time is the actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.

Coverage for medical expenses

Med pay and PIP coverage kick in for short-term medical expenses like EMT expenses, rehabilitation expenses and chiropractic care. They can be utilized in addition to your health insurance plan or if you are not covered by health insurance. It covers not only the driver but also the vehicle occupants and also covers if you are hit as a while walking down the street. PIP is not available in all states but can be used in place of medical payments coverage

Auto liability

Liability insurance will cover injuries or damage you cause to people or other property in an accident. It protects YOU against other people’s claims, and does not provide coverage for damage to your own property or vehicle.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see values of 25/50/25 that translate to $25,000 in coverage for each person’s injuries, a limit of $50,000 in injury protection per accident, and a limit of $25,000 paid for damaged property.

Liability insurance covers things like loss of income, attorney fees and pain and suffering. How much coverage you buy is up to you, but it’s cheap coverage so purchase as large an amount as possible.

Coverage for uninsured or underinsured drivers

Uninsured or Underinsured Motorist coverage provides protection from other drivers when they either have no liability insurance or not enough. Covered losses include hospital bills for your injuries and damage to your Honda Fit.

Due to the fact that many drivers have only the minimum liability required by law, their limits can quickly be used up. So UM/UIM coverage is a good idea.

One last thing

When shopping online for insurance coverage, don’t be tempted to reduce coverage to reduce premium. In too many instances, an insured cut full coverage to discover at claim time they didn’t purchase enough coverage. Your goal is to purchase a proper amount of coverage at a price you can afford while not skimping on critical coverages.

We just presented some good ideas how to lower your 2018 Honda Fit insurance prices. The most important thing to understand is the more rate quotes you have, the better chance you’ll have of finding inexpensive insurance coverage. Drivers may discover the best price on insurance coverage is with a company that doesn’t do a lot of advertising.

Cheaper 2018 Honda Fit insurance is possible online and with local insurance agents, and you should compare price quotes from both in order to have the best chance of saving money. Some companies do not provide rates over the internet and these smaller companies only sell coverage through independent agents.