View 2020 Honda Insight Car Insurance Quotes in 2024

Finding better insurance prices for your Honda Insight can be an all-consuming task, but you can learn our insurance buying tips to make it easier. There are more efficient ways to shop for insurance and we’ll show you the absolute fastest way to get price quotes for your Honda and find the lowest possible price from both online companies and local agents.

It is always a good idea to check insurance prices occasionally because prices are variable and change quite frequently. If you had the lowest price on Insight coverage two years ago there is a good chance you can find better rates now. There is a lot of bad advice regarding insurance online, but you can learn some good information on how to quit paying high insurance rates.

Finding affordable coverage is quite easy. If you have a policy now or need a new policy, you will benefit by learning to find better prices while maximizing coverage. Consumers only need an understanding of the proper methods to shop their coverage around online.

Cheap car insurance rate quotes online

Comparing car insurance rates can be exhausting if you don’t utilize the easiest way. You could waste a few hours discussing policy coverages with local insurance agents in your area, or you could use the web to get pricing more quickly.

Most car insurance companies belong to an insurance system where insurance shoppers enter their policy data once, and each participating company can give them a price. This saves time by eliminating repetitive form submissions to each individual car insurance company. To find out how much you can save on car insurance enter your zip code here.

One minor caveat to using this type of system is you don’t know exactly which carriers you want pricing from. If you prefer to choose specific insurance companies to compare, we have a listing of the cheapest car insurance companies in your area. Click to enter zip code.

It’s your choice how you get your quotes, but ensure you are comparing apples-to-apples coverage data for every quote you compare. If your comparisons have higher or lower deductibles it’s not possible to determine which company has the best rates.

More affordable rates by earning discounts

Companies offering auto insurance do not advertise every discount very clearly, so the below list has some of the best known and the more hidden credits that you can use to lower your rates.

• Anti-lock Brakes – Vehicles that have anti-lock braking systems can stop better under adverse conditions so companies give up to a 10% discount.
• Early Signing – A few larger companies allow discounts for switching companies early. This discount can save up to 10%.
• Discounts for Government Workers – Employees or retirees of the government could cut as much as 10% off on Insight coverage depending on your insurance provider.
• Own a Home – Just being a homeowner can earn you a little savings because it demonstrates responsibility.
• Student Driver Training – Teen drivers should enroll in driver’s education if it’s offered in school.
• Discounts for Cautious Drivers – Drivers who avoid accidents can save as much as half off their rates on Insight coverage compared to accident prone drivers.
• Telematics Devices – Insureds that choose to allow their company to monitor when and where they use their vehicle by using a telematic data system like Drivewise from Allstate or In-Drive from State Farm could see a rate decrease as long as they are good drivers.
• Theft Deterrent – Vehicles equipped with tracking devices and advanced anti-theft systems can help prevent theft and will save you 10% or more.
• Accident Forgiveness – Not really a discount, but a handful of insurance companies will forgive one accident without the usual rate increase with the catch being you have to be claim-free before the accident.
• Discount for Multiple Policies – If you have multiple policies with one insurance company they may give you a discount of over 10 percent off each policy depending on the company.

Consumers should know that most of the big mark downs will not be given to the entire cost. Most cut individual premiums such as medical payments or collision. So even though it sounds like you could get a free insurance policy, companies don’t profit that way.

A list of companies and a selection of discounts are:

• State Farm has savings for safe vehicle, student away at school, multiple autos, accident-free, Steer Clear safe driver discount, passive restraint, and Drive Safe & Save.
• Liberty Mutual may have discounts that include safety features, newly retired, preferred payment discount, good student, exclusive group savings, and hybrid vehicle.
• American Family has discounts for early bird, bundled insurance, good student, good driver, and mySafetyValet.
• Progressive may include discounts for online signing, good student, online quote discount, multi-vehicle, homeowner, continuous coverage, and multi-policy.
• Farmers Insurance may offer discounts for bundle discounts, multi-car, mature driver, distant student, and alternative fuel.
• Auto-Owners Insurance includes discounts for multi-policy, student away at school, safe driver, anti-lock brakes, safe vehicle, anti-theft, and air bags.
• SAFECO offers discounts for anti-lock brakes, multi-car, teen safe driver, bundle discounts, teen safety rewards, and drive less.

Before you buy a policy, ask every company which credits you are entitled to. Discounts might not be available to policyholders in your area.

Your car insurance coverage should be tailored to you

When choosing the right insurance coverage, there is no “best” method to buy coverage. Everyone’s situation is a little different.

Here are some questions about coverages that could help you determine whether your personal situation would benefit from an agent’s advice.

• How much can I save by bundling my policies?
• Do I have coverage for damage caused while driving under the influence?
• Am I covered when driving a rental car?
• What is medical payments coverage?
• Is borrowed equipment or tools covered if stolen or damaged?
• Exactly who is provided coverage by my policy?

If you don’t know the answers to these questions but one or more may apply to you then you might want to talk to an agent. To find lower rates from a local agent, complete your zip code. It’s fast, free and you can get the answers you need.

How your Insight insurance prices are determined

Many things are part of the calculation when you quote your car insurance policy. Some factors are common sense like your driving record, although others are not quite as obvious such as your marital status or your commute time. A large part of saving on car insurance is knowing the rating factors that help calculate car insurance rates. When consumers understand what impacts premium levels, this empowers consumers to make smart changes that will entitle you to lower premium levels.

• Add-on coverages can cost a lot – There are many optional add-on coverages that you can buy when buying car insurance. Insurance for roadside assistance, death and dismemberment, and motor club memberships may be costing you every month. The coverages may be enticing when discussing your needs, but your money might be better spent on other coverage so think about removing them and cutting costs.
• High stress employer may mean higher premiums – Did you know your career choice can influence rates? Jobs like real estate brokers, architects and accountants have higher premium rates attributed to high stress and long work days. On the flip side, careers such as scientists, athletes and performers generally pay rates lower than average on Insight coverage.
• Keep insurance claims to a minimum – If you are the type of insured that files lots of claims you shouldn’t be surprised to get higher rates. Insurance companies award lower rates to policyholders who are not frequent claim filers. Auto insurance is designed for claims that pose a financial burden.
• Alarms and GPS tracking systems cut premiums – Choosing a vehicle that has an advanced theft prevention system can get you a discount on your car insurance. Theft prevention features such as vehicle immobilizer systems, OnStar, and tracking devices like LoJack all help prevent car theft and help bring rates down.
• Rural areas have lower premiums – Having an address in a rural area has definite advantages when talking about car insurance. Fewer drivers translates into fewer accidents and also fewer theft and vandalism claims. People in densly populated areas have more auto accidents and more severe claims. Longer commute distances means more chance of being in an accident.
• Premiums are affected by your credit score – Having a bad credit score can be an important factor in calculating your car insurance rates. Insureds that have good credit tend to be better risks to insure than drivers with poor credit. If your credit could use some work, you could potentially save money when insuring your 2020 Honda Insight if you clean up your credit.
• Tickets can increase prices – Your driving citation history impacts premiums far more than you think. Having a single ticket can increase rates by twenty percent. Good drivers pay less for auto insurance as compared to those with violations. Drivers unfortunate enough to have serious citations such as reckless driving or DUI may face state-mandated requirements to file a SR-22 with their state’s licensing department in order to legally drive a vehicle.
• Is car insurance cheaper for males or females? – The statistics show that men are more aggressive behind the wheel. However, don’t assume that men are WORSE drivers than women. Women and men tend to get into at-fault accidents in similar percentages, but the males tend to have more serious accidents. Not only that, but men also get more serious tickets such as reckless driving.

Car insurance coverages for a Honda Insight

Understanding the coverages of your car insurance policy helps when choosing which coverages you need and the correct deductibles and limits. The terms used in a policy can be ambiguous and nobody wants to actually read their policy.

Comprehensive auto coverage

Comprehensive insurance coverage pays for damage from a wide range of events other than collision. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims like damage from getting keyed, damage from a tornado or hurricane and a tree branch falling on your vehicle. The maximum payout you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

Auto collision coverage

This coverage will pay to fix damage to your Insight resulting from colliding with another vehicle or an object, but not an animal. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers claims like hitting a parking meter, colliding with a tree and backing into a parked car. Collision is rather expensive coverage, so consider removing coverage from lower value vehicles. You can also bump up the deductible to bring the cost down.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Your UM/UIM coverage protects you and your vehicle’s occupants from other motorists when they are uninsured or don’t have enough coverage. Covered losses include injuries to you and your family and also any damage incurred to your Honda Insight.

Since a lot of drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is a good idea.

Medical payments and PIP coverage

Med pay and PIP coverage reimburse you for bills for doctor visits, surgery and dental work. The coverages can be used in conjunction with a health insurance policy or if you are not covered by health insurance. They cover you and your occupants as well as being hit by a car walking across the street. Personal Injury Protection is not available in all states and may carry a deductible

Liability

This can cover damage that occurs to other’s property or people by causing an accident. This insurance protects YOU from claims by other people, and does not provide coverage for your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have policy limits of 50/100/50 that translate to a limit of $50,000 per injured person, a limit of $100,000 in injury protection per accident, and a total limit of $50,000 for damage to vehicles and property.

Liability insurance covers claims such as attorney fees, medical services, legal defense fees, repair costs for stationary objects and bail bonds. How much liability coverage do you need? That is up to you, but you should buy as high a limit as you can afford.

More effort can pay off

You just read many ways to get a better price on 2020 Honda Insight insurance. It’s most important to understand that the more price quotes you have, the better likelihood of getting the cheapest car insurance. Consumers could even find that the most savings is with the smaller companies.

Some insurance providers don’t offer rate quotes online and most of the time these regional carriers sell through local independent agents. Budget-conscious 2020 Honda Insight insurance can be sourced both online in addition to local insurance agencies, and you should compare price quotes from both to have the best selection.

Drivers switch companies for any number of reasons including policy cancellation, high prices, being labeled a high risk driver and high rates after DUI convictions. No matter why you want to switch, finding a new insurance company is easier than you think.