Cheap 2020 Honda Odyssey Insurance Quotes in 2024

If you are new to online auto insurance, you can be bewildered due to the large number of online companies all offering big savings.

It is always a good idea to do price comparisons before your policy renews because auto insurance prices change frequently. Just because you found the lowest rates for Odyssey coverage last year you can probably find a better premium rate now. Block out anything you think you know about auto insurance because we’re going to show you the tricks you need to know to save money, get proper coverage and the best rates.

Locating the best insurance is simple if you know the tricks. Essentially every vehicle owner who is required by state law to have insurance will more than likely be able to reduce their rates. But car owners must understand how insurance companies determine prices because it can help you find the best coverage.

The best way to compare car insurance rates is to know the trick most larger insurance companies will pay a fee to give rate comparisons. To start a quote, the only thing you need to do is provide the companies a bit of rating information including how much coverage you want, an estimate of your credit level, how you use your vehicles, and if you are currently licensed. Your details is sent automatically to many of the top insurers and they provide comparison quotes with very little delay.

Lower your auto insurance rates with discounts

Car insurance companies don’t necessarily list every possible discount very clearly, so below is a list some of the best known as well as the least known credits available to you. If you aren’t receiving every discount you qualify for, you’re just leaving money on the table.

• Professional Organizations – Being in a professional or civic organization may earn a discount on your next auto insurance statement.
• Discounts for Safe Drivers – Insureds who avoid accidents may save up to 50% more for Odyssey coverage than their less cautious counterparts.
• Passive Restraints and Air Bags – Cars that have air bags or automatic seat belts may get savings of 25 to 30%.
• E-sign – Certain auto insurance companies give back up to $50 shop auto insurance on the internet.
• Multiple Policy Discount – If you can bundle your auto and homeowners insurance with one company you will save over 10 percent off each policy depending on the company.

While discounts sound great, it’s important to understand that some credits don’t apply to the entire cost. Most only cut the cost of specific coverages such as medical payments or collision. Even though it appears you can get free auto insurance, you won’t be that lucky.

Some of the insurance companies that may offer quotes with most of the discounts above are:

• Progressive
• GEICO
• State Farm
• Esurance
• The Hartford

Before you buy a policy, ask every company the best way to save money. A few discounts might not apply in your area. To locate auto insurance companies who offer online auto insurance quotes, enter your zip code here.

You are unique and your insurance coverage should be too

When it comes to buying the right insurance coverage, there really is no “perfect” insurance plan. Your needs are not the same as everyone else’s.

For instance, these questions may help highlight whether your personal situation might need an agent’s assistance.

• Do I have newly-acquired coverage?
• Can I afford to buy a different vehicle if my 2020 Honda Odyssey is totaled?
• Is pleasure use cheaper than using my 2020 Honda Odyssey to commute?
• What is an SR-22 filing?
• Should I rate my 2020 Honda Odyssey as pleasure use or commute?
• Will I lose any money if I cancel my policy before it expires?
• Why is insurance for a teen driver so high?

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 a licensed agent. To find an agent in your area, fill out your zip code.

Car insurance coverage breakdown

Having a good grasp of your policy aids in choosing which coverages you need and the correct deductibles and limits. The coverage terms in a policy can be difficult to understand and even agents have difficulty translating policy wording.

Uninsured Motorist or Underinsured Motorist insurance – This coverage provides protection from other drivers when they do not carry enough liability coverage. It can pay for medical payments for you and your occupants as well as your vehicle’s damage.

Since a lot of drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Frequently these coverages do not exceed the liability coverage limits.

Collision – Collision insurance pays to fix your vehicle from damage from colliding with another vehicle or an object, but not an animal. You first must pay a deductible then your collision coverage will kick in.

Collision can pay for things such as rolling your car, colliding with another moving vehicle and sideswiping another vehicle. Collision is rather expensive coverage, so consider dropping it from vehicles that are older. It’s also possible to increase the deductible to bring the cost down.

Coverage for liability – This protects you from damage that occurs to other’s property or people. This coverage protects you from claims by other people. Liability doesn’t cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see liability limits of 25/50/25 that translate to $25,000 bodily injury coverage, $50,000 for the entire accident, and a limit of $25,000 paid for damaged property. Occasionally you may see a combined limit that pays claims from the same limit rather than limiting it on a per person basis.

Liability can pay for claims such as emergency aid, funeral expenses, bail bonds and court costs. How much coverage you buy is a decision to put some thought into, but consider buying as much as you can afford.

Insurance for medical payments – Coverage for medical payments and/or PIP provide coverage for bills for doctor visits, funeral costs, nursing services and ambulance fees. The coverages can be used to cover expenses not covered by your health insurance policy or if you do not have health coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants and also covers if you are hit as a while walking down the street. PIP coverage is only offered in select states and gives slightly broader coverage than med pay

Comprehensive coverage (or Other than Collision) – Comprehensive insurance coverage covers damage OTHER than collision with another vehicle or object. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims like damage from getting keyed, vandalism, damage from a tornado or hurricane, damage from flooding and falling objects. The maximum amount you can receive from a comprehensive claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.