Lower Your 2020 Honda Passport Insurance Cost in 2024

Trying to find lower car insurance rates for your Honda Passport? If you’re searching for cheaper insurance on the web, are you overwhelmed by the crazy number of car insurance choices that you can choose from? Many other people are as well. You have so many choices to choose from that it can be a real difficult job to compare premium rates.

You should make it a habit to quote other rates once or twice a year since insurance prices trend upward over time. If you had the best price on Passport coverage two years ago you will most likely find a better rate quote today. There is a lot of bad advice regarding car insurance on the internet, but in just a couple of minutes you can learn some great ways to quit paying high car insurance rates.

Discounts to earn affordable auto insurance rates

Buying auto insurance is not cheap, but there could be available discounts that you may not know about. A few discounts will be applied at the time of quoting, but occasionally some discounts must be specially asked for before they will apply.

• Homeowners Discount – Simply owning a home may earn you a small savings since home ownership demonstrates responsibility.
• College Student – Older children living away from home attending college and leave their car at home could get you a discount.
• Waiver for an Accident – Not really a discount, but some companies like Allstate, State Farm and GEICO allow you one accident without getting socked with a rate hike so long as you are claim-free prior to being involved in the accident.
• Multi-Vehicle Discounts – Having multiple cars or trucks on one policy can reduce the rates for all insured vehicles.
• Paperless Signup – A handful of companies will give a small break simply for signing on their website.
• Driver Training Discounts – Taking a defensive driver course could earn you a small percentage discount and also improve your driving technique.
• 55 and Retired – If you qualify as a senior citizen, you could receive reduced rates on Passport coverage.

Please keep in mind that most discount credits are not given to your bottom line cost. Most only cut the price of certain insurance coverages like comprehensive or collision. Even though the math looks like adding up those discounts means a free policy, you aren’t that lucky.

Popular auto insurance companies and some of the discounts are detailed below.

• Progressive has savings for online quote discount, multi-policy, good student, continuous coverage, multi-vehicle, homeowner, and online signing.
• Farmers Insurance offers discounts including early shopping, homeowner, multi-car, pay in full, distant student, electronic funds transfer, and bundle discounts.
• Farm Bureau may have discounts that include multi-policy, multi-vehicle, driver training, safe driver, good student, 55 and retired, and renewal discount.
• State Farm may offer discounts for passive restraint, multiple autos, accident-free, driver’s education, Drive Safe & Save, and safe vehicle.
• GEICO may include discounts for defensive driver, anti-lock brakes, military active duty, daytime running lights, emergency military deployment, seat belt use, and air bags.
• SAFECO has discounts for bundle discounts, safe driver, accident prevention training, anti-lock brakes, and teen safety rewards.
• Liberty Mutual discounts include hybrid vehicle, preferred payment discount, new graduate, newly retired, and multi-policy.

Before buying, ask each insurance company which discounts they offer. Some of the earlier mentioned discounts might not be available to policyholders in every state. If you would like to choose from a list of insurers who offer cheap auto insurance quotes, enter your zip code here.

Tailor your car insurance coverage to you

When buying the best car insurance coverage for your vehicles, there isn’t really a one size fits all plan. Every insured’s situation is different.

These are some specific questions may help you determine if your situation will benefit from professional help.

• Is my nanny covered when driving my vehicle?
• Is pleasure use cheaper than using my 2020 Honda Passport to commute?
• Am I covered if I break a side mirror?
• Do I need PIP (personal injury protection) coverage in my state?
• When can my company non-renew my policy?
• When does my teenage driver need to be added to my policy?
• Are rock chip repairs covered?
• Should I buy only the required minimum liability coverage?
• Where can I find DUI or SR-22 insurance?

If you don’t know the answers to these questions then you might want to talk to a licensed agent. To find lower rates from a local agent, take a second and enter your zip code.

Do drivers who switch really save?

Respected companies like Allstate, GEICO and Progressive regularly use television, radio, and online ads. They all advertise claims that people will save if you get a free auto insurance quote and switch your car insurance coverage to their company. Is it even possible that every company can charge lower premium rates? Here is the trick they use.

Companies have specific characteristics for a prospective insured that earns them the most money. For example, this type of risk profile may need to be a female over age 40, has a clear driving record, and drives newer vehicles. Any new insured who matches those parameters receives the best auto insurance rates and will also save if they switch.

People who may not quite match these stringent criteria will probably be forced to pay higher rates with the end result being the driver buying from a lower-cost company. If you pay attention, the ads say “customers who switch” not “everyone who quotes” save the amount stated. That’s why companies can truthfully make claims like that. Because of this risk profiling, it’s extremely important to quote coverage with many companies. Because you never know which company will have the best rates.

Coverages available on your insurance policy

Having a good grasp of your policy can help you determine which coverages you need at the best deductibles and correct limits. Policy terminology can be impossible to understand and reading a policy is terribly boring.

Uninsured/Underinsured Motorist (UM/UIM)

This gives you protection from other motorists when they are uninsured or don’t have enough 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 limits can quickly be used up. For this reason, having high UM/UIM coverages should not be overlooked.

Collision protection

This pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. A deductible applies then your collision coverage will kick in.

Collision coverage protects against claims such as backing into a parked car, damaging your car on a curb, crashing into a building, scraping a guard rail and hitting a parking meter. Collision is rather expensive coverage, so consider removing coverage from vehicles that are older. Another option is to raise the deductible to save money on collision insurance.

Coverage for liability

This coverage provides protection from injuries or damage you cause to other’s property or people by causing an accident. It protects YOU against claims from other people. Liability doesn’t cover your own vehicle damage or injuries.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see policy limits of 50/100/50 which stand for $50,000 bodily injury coverage, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property.

Liability coverage pays for claims such as repair costs for stationary objects, structural damage and medical expenses. The amount of liability coverage you purchase is up to you, but buy higher limits if possible.

Comprehensive insurance

This covers damage from a wide range of events other than collision. A deductible will apply then your comprehensive coverage will pay.

Comprehensive insurance covers claims such as damage from flooding, damage from getting keyed, vandalism, hail damage and rock chips in glass. The maximum amount your insurance company will pay is the actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Med pay and Personal Injury Protection (PIP)

Personal Injury Protection (PIP) and medical payments coverage reimburse you for immediate expenses for things like prosthetic devices, doctor visits, rehabilitation expenses and EMT expenses. They are used to fill the gap from your health insurance plan or if you lack health insurance entirely. Coverage applies to not only the driver but also the vehicle occupants in addition to getting struck while a pedestrian. Personal injury protection coverage is only offered in select states and gives slightly broader coverage than med pay

Saving money makes a lot of cents

While you’re price shopping online, do not sacrifice coverage to reduce premiums. In many cases, drivers have reduced full coverage and discovered at claim time that the small savings ended up costing them much more. The proper strategy is to purchase a proper amount of coverage at the lowest possible cost.

We just covered many ways to get a better price on 2020 Honda Passport insurance. The key thing to remember is the more providers you compare, the better chance you’ll have of finding affordable auto insurance. You may be surprised to find that the most savings is with an unexpected company.

People switch companies for a variety of reasons including lack of trust in their agent, being labeled a high risk driver, policy non-renewal or delays in responding to claim requests. Regardless of your reason, finding a new insurance coverage company is actually quite simple.