To save the most money, the best way to get budget Honda Element insurance is to do an annual price comparison from insurance carriers in Scottsdale. You can compare rates by following these steps.
- Get an understanding of how insurance companies determine prices and the measures you can control to lower rates. Many factors that result in higher prices such as your driving record and poor credit can be improved by paying attention to minor details.
- Request rate estimates from direct, independent, and exclusive agents. Exclusive and direct companies can only quote rates from a single company like GEICO or Allstate, while independent agencies can provide prices for a wide range of companies.
- Compare the price quotes to the premium of your current policy and determine if there is any savings. If you find a lower rate quote and decide to switch, make sure coverage is continuous and does not lapse.
The most important part of shopping around is to use the same physical damage deductibles and liability limits on each quote request and and to compare as many car insurance companies as possible. Doing this guarantees a fair rate comparison and a complete rate analysis.
We don’t have to tell you that insurance companies don’t want policyholders to shop around. Drivers who shop around for cheaper rates are inclined to buy a different policy because the odds are good of finding lower rate quotes. A study discovered that drivers who shopped around every year saved approximately $860 a year compared to policyholders who never shopped around for better prices.
If finding the lowest price for insurance in Scottsdale is your target objective, then learning about how to quote and compare car insurance can make the process less intimidating.
Don’t overlook these ten Honda Element insurance discounts
Some insurers do not list every discount available very clearly, so here is a list both the well known in addition to some of the lesser obvious credits available to bring down your rates.
- Policy Bundle Discount – When you have multiple policies with one insurance company you may earn as much as 10 to 15 percent.
- Defensive Driver Discounts – Taking a defensive driving course can save you 5% or more if you qualify.
- Senior Citizen Rates – Drivers over the age of 55 could receive a small decrease in premiums.
- Anti-theft System – Cars and trucks optioned with advanced anti-theft systems can help prevent theft and earn discounts up to 10% off your Scottsdale auto insurance quote.
- Discount for Low Mileage – Driving less may enable drivers to earn lower rates due to less chance of an accident.
- Telematics Discount – Insureds that choose to allow driving data submission to look at driving patterns by using a telematic data system such as Drivewise from Allstate or Snapshot from Progressive may see discounts as long as they are good drivers.
- E-sign – Some companies give back up to $50 just for signing your application digitally online.
- Student in College – Children living away from Scottsdale attending college and do not have a car could qualify for this discount.
- Scottsdale Homeowners Pay Less – Owning a home in Scottsdale may earn you a small savings since home ownership is proof of financial responsibility.
- No Accidents – Good drivers with no accidents can earn big discounts when compared with drivers with a long claim history.
Remember that most discounts do not apply to the overall cost of the policy. A few only apply to individual premiums such as liability, collision or medical payments. So despite the fact that it appears having all the discounts means you get insurance for free, it doesn’t quite work that way.
The example below illustrates the difference between Honda Element yearly insurance costs with and without discounts applied to the rates. The information is based on a male driver, no accidents, no driving violations, Arizona state minimum liability limits, comprehensive and collision coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, marriage, multi-policy, homeowner, claim-free, and safe-driver discounts applied.
For a list of insurers that offer some of these discounts in Arizona, follow this link.
Free Scottsdale Honda Element insurance rate quotes
Getting a cheaper price on insurance is actually easier than you may think. All you need to do is invest a few minutes to compare rates to discover which company has affordable Honda Element insurance quotes.
Comparing free quotes online is easy and it, makes it a waste of time to spend time driving to and from local Scottsdale insurance agencies. Shopping for insurance online makes this process obsolete unless you have a complicated situation and need the guidance of a local Scottsdale agent. Drivers can find lower rates online but have a local agent actually write the policy.
The companies shown below offer free rate quotes in Arizona. To find cheap auto insurance in Scottsdale, we suggest you get prices from several of them in order to find the most affordable rates.
Analysis of coverages
The rate information below outlines different prices for Honda Element models. Having a good understanding how auto insurance policy rates are formulated can assist in making smart choices when choosing a car insurance company.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Element LX 2WD | $200 | $382 | $338 | $20 | $102 | $1,042 | $87 |
| Element LX 4WD | $200 | $382 | $338 | $20 | $102 | $1,042 | $87 |
| Element EX 2WD | $200 | $382 | $338 | $20 | $102 | $1,042 | $87 |
| Element EX 4WD | $200 | $382 | $338 | $20 | $102 | $1,042 | $87 |
| Element SC 2WD | $200 | $382 | $338 | $20 | $102 | $1,042 | $87 |
| Get Your Own Custom Quote Go | |||||||
Data assumes single female driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Arizona minimum liability limits. Discounts applied include multi-policy, claim-free, safe-driver, multi-vehicle, and homeowner. Premium amounts do not factor in garaging location in Scottsdale which can increase or decrease coverage prices considerably.
Deductible comparison
One of the hardest decisions when shopping for car insurance is where should you set your physical damage deductibles. The figures shown below lay out the difference in cost when you choose different physical damage deductibles. The first table uses a $250 deductible for comp and collision and the second price table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Element LX 2WD | $232 | $390 | $300 | $18 | $90 | $1,055 | $88 |
| Element LX 4WD | $232 | $390 | $300 | $18 | $90 | $1,055 | $88 |
| Element EX 2WD | $232 | $390 | $300 | $18 | $90 | $1,055 | $88 |
| Element EX 4WD | $232 | $390 | $300 | $18 | $90 | $1,055 | $88 |
| Element SC 2WD | $232 | $390 | $300 | $18 | $90 | $1,055 | $88 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Element LX 2WD | $144 | $246 | $300 | $18 | $90 | $798 | $67 |
| Element LX 4WD | $144 | $246 | $300 | $18 | $90 | $798 | $67 |
| Element EX 2WD | $144 | $246 | $300 | $18 | $90 | $798 | $67 |
| Element EX 4WD | $144 | $246 | $300 | $18 | $90 | $798 | $67 |
| Element SC 2WD | $144 | $246 | $300 | $18 | $90 | $798 | $67 |
| Get Your Own Custom Quote Go | |||||||
Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, and Arizona minimum liability limits. Discounts applied include multi-vehicle, multi-policy, claim-free, safe-driver, and homeowner. Price estimates do not factor in specific zip code location which can lower or raise coverage prices significantly.
We can derive from the above data that using a $250 deductible costs roughly $21 more each month or $252 for a full year than opting for the higher $1,000 deductible. Since you would pay $750 more out of your own pocket with a $1,000 deductible as compared to a $250 deductible, if you go more than 36 months between claims, you would probably save some money if you opt for a higher deductible.
The example below demonstrates how deductibles and can change Honda Element insurance prices for different ages of insureds. The price estimates are based on a single female driver, full physical damage coverage, and no discounts are taken into consideration.
Impact of speeding/accidents on Scottsdale car insurance rates
The information below highlights how speeding tickets and at-fault accidents influence Honda Element auto insurance rates for different age categories. The information is based on a married female driver, comprehensive and collision coverage, $250 deductibles, and no discounts are factored in.
Do I need an agent?
Some people still prefer to sit down with an agent and doing that can be a smart decision Agents are trained to spot inefficiencies and give you someone to call. The biggest benefit of getting free rate quotes online is that drivers can save money and get cheap auto insurance rates but still work with a licensed agent.
By using this simple form, your coverage information is sent to companies in Scottsdale who will give you bids for your insurance coverage. It simplifies rate comparisons since you won’t have to contact any agents because quoted prices will be sent to you. If you have a need to get a comparison quote from a particular provider, just jump over to their website and fill out their quote form.
Finding a good company needs to be determined by more than just the premium amount. These are some questions you should get answers to.
- Do they have 24-hour customer assistance?
- Does the agent help file claims?
- If your car is in the repair shop, do you have coverage for a rental car?
- Do you qualify for any additional discounts?
- How are they compensated?
Once you have good responses to any questions you have and an acceptable price quote, you’ve probably found a company that will service your policy.
Auto insurance coverages explained
Having a good grasp of your auto insurance policy aids in choosing the best coverages and proper limits and deductibles. The coverage terms in a policy can be impossible to understand and coverage can change by endorsement. Below you’ll find typical coverage types found on the average auto insurance policy.
Liability insurance
Liability insurance provides protection from damage or injury you incur to other’s property or people that is your fault. This insurance protects YOU from legal claims by others. Liability doesn’t cover damage to your own property or vehicle.
It consists of three limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have values of 15/30/10 which stand for $15,000 bodily injury coverage, a limit of $30,000 in injury protection per accident, and a limit of $10,000 paid for damaged property.
Liability can pay for things like repair costs for stationary objects, pain and suffering, repair bills for other people’s vehicles and medical expenses. How much liability coverage do you need? That is a decision to put some thought into, but it’s cheap coverage so purchase as high a limit as you can afford. Arizona state law requires minimum liability limits of 15/30/10 but you should consider buying higher limits.
The illustration below shows why low liability limits may not provide you with enough coverage.
Coverage for collisions
This pays to fix your vehicle from damage from colliding with an object or car. You first must pay a deductible and then insurance will cover the remainder.
Collision coverage pays for things such as rolling your car, backing into a parked car and colliding with a tree. This coverage can be expensive, so you might think about dropping it from vehicles that are older. Drivers also have the option to raise the deductible on your Element to get cheaper collision coverage.
Comprehensive protection
Comprehensive insurance pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and then insurance will cover the rest of the damage.
Comprehensive coverage pays for things such as hitting a bird, hitting a deer, damage from a tornado or hurricane, vandalism and a broken windshield. The highest amount you can receive from a comprehensive claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.
Uninsured or underinsured coverage
This coverage protects you and your vehicle from other drivers when they either are underinsured or have no liability coverage at all. Covered losses include medical payments for you and your occupants as well as damage to your Honda Element.
Because many people have only the minimum liability required by law (which is 15/30/10), it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.
Medical expense coverage
Coverage for medical payments and/or PIP kick in for short-term medical expenses such as rehabilitation expenses, surgery, pain medications and doctor visits. They can be used to cover expenses not covered by your health insurance program or if you do not have health coverage. It covers all vehicle occupants in addition to any family member struck as a pedestrian. PIP is only offered in select states but can be used in place of medical payments coverage
Frequent quotes can save
While you’re price shopping online, it’s not a good idea to buy less coverage just to save a little money. Too many times, consumers will sacrifice liability coverage limits only to discover later that they should have had better coverage. The ultimate goal is to purchase plenty of coverage for the lowest price but still have enough coverage for asset protection.
In this article, we presented a lot of tips how to reduce Honda Element insurance premium rates online in Scottsdale. It’s most important to understand that the more providers you compare, the better chance you’ll have of finding inexpensive Scottsdale auto insurance quotes. Consumers could even find that the best price on car insurance is with a lesser-known regional company. Some small companies may often insure only within specific states and give better rates compared to the large companies like Progressive or GEICO.
More affordable car insurance in Scottsdale can be found from both online companies and with local Scottsdale insurance agents, and you should compare rates from both to have the best chance of lowering rates. A few companies do not provide internet price quotes and most of the time these smaller providers sell through independent agencies.
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