Trying to find low-cost insurance for a new or used Honda EV Plus can normally be a painful process, but you can learn a few tricks to find lower rates. There are more efficient ways to compare auto insurance rates and you need to know the proper way to compare rates for a new or used Honda and locate the best price possible from both online companies and local agents.
It’s a good habit to take a look at other company’s rates on a regular basis since rates tend to go up over time. Even if you think you had the best deal on EV Plus insurance six months ago you can probably find a lower rate today. Starting now, forget anything you know (or think you know) about auto insurance because it’s time to teach you the tricks you need to know to lower your annual insurance bill.
Cut your auto insurance rates with discounts
Companies that sell car insurance don’t always publicize all their discounts very clearly, so we took the time to find some of the best known and also the lesser-known auto insurance savings.
- College Student – Kids in college who live away from home and do not have access to a covered vehicle can receive lower rates.
- Braking Control Discount – Anti-lock brake equipped vehicles prevent accidents and therefore earn up to a 10% discount.
- Driver Safety – Taking a driver safety course could save 5% or more depending on where you live.
- Discount for Life Insurance – Companies who offer life insurance give lower rates if you buy life insurance from them.
- Club Memberships – Affiliation with a professional or civic organization may earn a discount on auto insurance on EV Plus insurance.
- Accident Forgiveness – Certain companies will forgive one accident before raising your premiums if you are claim-free for a certain period of time.
It’s important to understand that most discounts do not apply to the entire policy premium. Most only reduce the price of certain insurance coverages like comp or med pay. So when it seems like you can get free auto insurance, auto insurance companies aren’t that generous.
To see a list of companies with discount auto insurance rates, click here to view.
Auto Insurance Comparison Rates
Most companies like Progressive, Allstate and GEICO give prices directly from their websites. This process is pretty easy as you simply enter the amount of coverage you want as requested by the quote form. Once entered, their rating system makes automated requests for your driving record and credit report and generates pricing information determined by many factors.
Online quotes helps simplify price comparisons, but the work required to visit each company’s website and repetitively complete many quote forms can get tiresome after awhile. But it’s very important to compare as many rates as possible if you are searching for the lowest possible prices on auto insurance.
The better way to compare rates
The quickest way to compare auto insurance pricing requires only one form to obtain quotes from a bunch of companies at once. It saves time, requires much less work on your part, and makes rate comparisons much more efficient. Once the form is submitted, it gets priced and you can choose any or none of the quotes returned. If one or more price quotes are lower than your current rates, you can click and sign and purchase coverage. This process can be completed in less than 10 minutes and may result in a nice savings.
To get comparison pricing now, click here and enter your vehicle and coverage information. If you have coverage now, it’s recommended that you enter the coverages exactly as shown on your declarations page. This makes sure you will have rate quotes based on identical coverages.
Honda EV Plus insurance rates have many determining factors
Consumers need to have an understanding of the factors that go into determining the rates you pay for auto insurance. Having a good understanding of what influences your rates empowers consumers to make smart changes that may reward you with better auto insurance rates.
- Where do you drive? – The more you drive every year the higher your rates will be. Most insurance companies charge to insure your cars determined by how the vehicle is used. Autos that are left in the garage get more affordable rates than vehicles that are driven to work every day. An improperly rated EV Plus can result in significantly higher rates. Verify your auto insurance policy is showing the correct driver usage.
- Cautious drivers pay less – Careful drivers tend to pay less for car insurance compared to drivers with tickets. Even a single speeding ticket can boost insurance rates twenty percent or more. Drivers with flagrant tickets like reckless driving, hit and run or driving under the influence are required to file a SR-22 with their state motor vehicle department in order to keep their license.
- Occupation reflects on rates – Careers like judges, business owners and accountants tend to pay higher rates than average attributed to high stress and lots of time spent at work. On the flip side, jobs such as farmers, athletes and retirees have the lowest average rates on EV Plus insurance.
- Sex matters – Statistics show that men are more aggressive behind the wheel. However, don’t assume that men are WORSE drivers than women. They both are in accidents in similar percentages, but the men cause more damage and cost insurance companies more money. Men also statistically get cited for more serious violations such as DWI and reckless driving.
- Consolidate policies to earn discounts – Many companies give discounts to policyholders who consolidate policies with them such as combining an auto and homeowners policy. This can amount to anywhere from five to ten percent in most cases. If you currently are using one company, it’s in your best interest to shop around to ensure the best deal. You may still find better rates by buying auto insurance from a different company.
- Your spouse saves you money – Having a spouse actually saves money when buying auto insurance. It translates into being more mature than a single person and it’s proven that being married results in fewer claims.
- Your car’s features help determine rates – Driving a car with a theft deterrent system can help lower your rates. Theft prevention features like GM’s OnStar, tamper alarm systems and vehicle immobilizers all hinder auto theft.
- Older drivers save more – Teenage drivers tend to get distracted easily when driving so they pay higher auto insurance rates. Parents adding a youthful driver to your auto insurance policy can really hurt. More mature drivers are more responsible, tend to cause fewer accidents and are safer drivers.
What coverages do I need?
When buying coverage, there isn’t really a “perfect” insurance plan. Every situation is different.
Here are some questions about coverages that might help in determining whether or not you would benefit from an agent’s advice.
- Am I covered when driving someone else’s vehicle?
- Am I covered when pulling a rental trailer?
- Do I need PIP (personal injury protection) coverage in my state?
- I have good health insurance, so how much medical payments coverage do I need?
- Can I still get insurance after a DUI?
- Does coverage extend to a rental car in a foreign country?
If you’re not sure about those questions, you might consider talking to an agent. To find lower rates from a local agent, simply complete this short form.
Local agents and auto insurance
A small number of people prefer to talk to a local agent and that is OK! One of the best bonuses of comparing rates online is you can get the best rates and still have an agent to talk to.
Once you complete this short form, your information is immediately sent to local insurance agents who will compete for your insurance coverage. You won’t need to leave your computer since price quotes are sent to the email address you provide. It doesn’t get any easier! You can find the lowest rates without the usual hassles of price shopping.
Choosing a company requires more thought than just the price. These are valid questions to ask:
- If you have an accident, will your rates go up?
- How many years of experience in personal lines insurance coverages do they have?
- Do they have any clout with companies to ensure a fair claim settlement?
- Who are their largest clients?
- Which insurance companies are they affiliated with?
- How much will you save each year by using a higher deductible?
- Is assistance available after office hours?
Two types of auto insurance agents
When searching for a reputable insurance agent or broker, there are two different agency structures from which to choose. Agencies can either be captive or independent (non-captive).
Agency Captives
These agents are contracted to one company and examples are Farmers Insurance or State Farm. They generally cannot place coverage with different providers so they are skilled at selling on more than just price. They are trained well in insurance sales which helps them sell insurance even at higher premiums. Consumers frequently buy insurance from these agents partially due to high brand loyalty and solid financial strength.
Independent Agents (or Brokers)
Independent agents are not locked into one company but rather can write business with lots of companies enabling the ability to shop coverage around. To transfer your coverage to a different company, your agent can switch companies without you having to go to a different agency.
When comparing rates, we recommend you include price quotes from at a minimum one independent agency to ensure the widest selection of prices. They also have the ability to place coverage with smaller companies which can save you money.
To view a complete directory of auto insurance agents, visit this page.
Once you have good answers to these questions and a good coverage price, you have narrowed it down to an insurance agency that is a good match to provide auto insurance coverage.
Ads can be misleading
Auto insurance providers like Progressive, Allstate and GEICO continually stream television and radio advertisements. They all make the same claim that you’ll save big after switching your policy. How does each company make the same claim?
All companies have a preferred profile for the type of customer they prefer to insure. For instance, a driver they prefer could possibly be a mature driver, has no driving citations, and drives less than 7,500 miles a year. A driver who fits that profile will get the preferred rates and is almost guaranteed to save when they switch companies.
Consumers who don’t measure up to the requirements will have to pay a more expensive rate and this can result in the customer not buying. The ads say “drivers who switch” not “people who quote” save that much money. That is how insurance companies can make the claims of big savings. Because of the profiling, it’s extremely important to get quotes from several different companies. It’s just too difficult to predict which auto insurance company will provide you with the cheapest rates.
In Summary
We just showed you a lot of ways to save on Honda EV Plus insurance. The key thing to remember is the more price quotes you have, the better your comparison will be. Consumers may even find the lowest rates come from a company that doesn’t do a lot of advertising.
Low-cost Honda EV Plus insurance is attainable on the web and with local insurance agents, and you need to price shop both in order to have the best chance of saving money. Some companies do not offer online price quotes and many times these small insurance companies only sell through independent insurance agents.
As you go through the steps to switch your coverage, it’s a bad idea to buy poor coverage just to save money. There are many occasions where an insured dropped liability coverage limits and discovered at claim time that a couple dollars of savings turned into a financial nightmare. Your aim should be to buy a smart amount of coverage at a price you can afford while not skimping on critical coverages.
