If online auto insurance comparisons are new to you, most likely you are overwhelmed by the crazy number of insurers that all promise the best rates for Honda Insight insurance in Columbus.
It’s an obvious statement that insurance companies don’t want you quoting rates from other companies. Consumers who compare rates once a year are very likely to move their business because there is a good probability of getting low-cost coverage. Surprisingly, a recent survey revealed that drivers who regularly compared price quotes saved approximately $850 each year as compared to drivers who didn’t regularly shop around.
If finding the cheapest price on Honda Insight insurance is the reason you’re here, then understanding how to get free comparison quotes and analyze coverage rates can help you be more efficient.
You need to do rate comparisons once or twice a year since prices go up and down regularly. Even if you got the lowest quotes on Honda Insight insurance in Columbus a few years ago there is a good chance you can find better rates now. Forget all the misinformation about auto insurance because we’re going to demonstrate how to use online quotes to find the best coverage while lowering your premiums.
If you have a policy now, you will be able to reduce the price you pay using this strategy. Quoting and comparing the best-priced auto insurance in Columbus is easy if you know what you’re doing. But Ohio vehicle owners must understand how big insurance companies determine how much to charge because rates are impacted by many factors.
The easiest way to compare car insurance company rates for Honda Insight insurance in Columbus utilizes the fact most of the larger companies provide online access to give free rates quotes. The only thing you need to do is provide a small amount of information including if the vehicle is leased, daily mileage, if you are currently licensed, and an estimate of your credit level. That rating information gets sent immediately to multiple different insurance companies and you should receive rate quotes almost instantly.
To start a rate quote now, click here and complete the quick form.
The companies shown below can provide price comparisons in Columbus, OH. If several companies are displayed, it’s highly recommended you visit two to three different companies to find the most competitive car insurance rates.
Analysis of coverages
The table shown below covers different insurance costs for Honda Insight models. Knowing how auto insurance prices are calculated can assist in making smart choices when selecting a policy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Insight LX | $174 | $296 | $298 | $18 | $88 | $874 | $73 |
| Insight EX | $200 | $348 | $298 | $18 | $88 | $952 | $79 |
| Get Your Own Custom Quote Go | |||||||
Data based on single male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Ohio minimum liability limits. Discounts applied include multi-vehicle, claim-free, multi-policy, homeowner, and safe-driver. Information does not factor in specific garaging location which can influence rates considerably.
Auto insurance deductibles
When comparing auto insurance rates, the most common question is the level to set your comp and collision deductibles. The comparisons below may help to illustrate the premium difference when you choose different comp and collision deductibles. The first pricing table uses a $250 physical damage deductible and the second set of prices uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Insight LX | $152 | $296 | $226 | $14 | $68 | $781 | $65 |
| Insight EX | $176 | $348 | $226 | $14 | $68 | $857 | $71 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Insight LX | $94 | $186 | $226 | $14 | $68 | $588 | $49 |
| Insight EX | $108 | $220 | $226 | $14 | $68 | $636 | $53 |
| Get Your Own Custom Quote Go | |||||||
Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Ohio minimum liability limits. Discounts applied include claim-free, homeowner, safe-driver, multi-policy, and multi-vehicle. Rate quotes do not factor in specific location which can increase or decrease premium rates considerably.
Based on these figures, using a $250 deductible costs approximately $17 more each month or $204 each year averaged for all Insight models than buying the higher $1,000 deductible. Since you would pay $750 more to settle a claim with a $1,000 deductible as compared to a $250 deductible, if you go more than 44 months between claims, you would come out ahead if you elect the higher deductible.
How much more does full coverage cost?
The illustration below shows the difference between Honda Insight insurance costs with full physical damage coverage compared to only buying the minimum liability limits required in Ohio. The data is based on no tickets, no at-fault accidents, $100 deductibles, single status, and no policy discounts are applied.
Should you pay for full coverage or liability only?
There isn’t a written rule to stop paying for comp and collision coverage, but there is a general school of thought. If the yearly cost of full coverage is 10% or more of the vehicle’s replacement cost less your deductible, then it may be the right time to buy liability only.
For example, let’s say your Honda Insight replacement cost is $4,000 and you have $1,000 policy deductibles. If your vehicle is destroyed, the most you would receive is $3,000 after you pay the deductible. If you are currently paying more than $300 annually for comprehensive and collision coverage, then you may want to consider only buying liability coverage.
There are a few cases where buying only liability insurance is not a good plan. If you haven’t paid off your loan, you have to maintain full coverage to protect the lienholder’s interest. Also, if your emergency fund is not enough to purchase a different vehicle if your current one is in an accident, you should not remove full coverage.
Why you need insurance for your Honda Insight
Despite the high cost, buying insurance is most likely required but also gives you several important benefits.
- Most states have minimum mandated liability insurance limits which means you are required to buy a specific level of liability insurance coverage if you don’t want to risk a ticket. In Ohio these limits are 25/50/25 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
- If you took out a loan on your Insight, almost every bank will stipulate that you have full coverage to guarantee payment of the loan. If you cancel or allow the policy to lapse, the lender may insure your Honda at an extremely high rate and require you to fork over the higher premium.
- Insurance preserves both your assets and your Honda Insight. It will also reimburse you for hospital and medical expenses for not only you but also any passengers injured in an accident. Liability coverage also covers legal expenses if you are sued as the result of an accident. If your vehicle suffers damage from an accident or hail, comprehensive and collision coverage will pay to repair the damage.
The benefits of carrying adequate insurance greatly outweigh the cost, especially with large liability claims. As of last year, the average driver in Ohio is overpaying more than $750 every year so you should quote and compare rates once a year at a minimum to help ensure money is not being wasted.
How to Lower Your Insurance Prices
Many things are considered when you get a price on insurance. Most are fairly basic such as your driving record, but other factors are less obvious such as your credit history or how safe your car is.
Lower rates by increasing physical damage deductibles – Insurance for physical damage to your car, termed comprehensive and collision coverage on your policy, helps pay for damage to your vehicle. Some coverage claims are a broken side mirror, damage from fire, or theft. Comprehensive and collision coverage deductibles define how much you are willing to pay out-of-pocket if a claim is determined to be covered. The more you are required to pay out-of-pocket, the less your car insurance will be.
Decrease premiums by maintaining coverage – Not maintaining insurance is against the law and your next policy will cost more because you let your coverage lapse. Not only will you pay higher rates, not being able to provide proof of insurance can result in fines or a revoked license.
Alarm systems save money – Buying a car with an alarm system can help lower your premiums. Anti-theft features like OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems all aid in stopping auto theft and help lower rates.
Only buy coverage you need – There are a ton of extra add-on coverages that you can get tricked into buying on your car insurance policy. Coverages like personal injury protection, towing, and additional equipment coverage are probably not needed. These may sound like a good investment when discussing your needs, but if you’ve never needed them in the past get rid of them and save.
Bundle and save – The majority of companies apply lower prices to clients that have more than one policy such as combining an auto and homeowners policy. This can amount to five, ten or even twenty percent. If you currently are using one company, it’s in your best interest to compare Honda Insight rates in Columbus to guarantee you are still saving the most.
Does your vocation raise your premiums? – Did you know that where you work can have an impact on rates? Careers such as military personnel, airline pilots, and emergency personnel tend to have higher rates than the rest of us attributed to job stress and extremely grueling work hours. Conversely, careers such as actors, students and the unemployed pay the least.
Drive a fast vehicle and pay more – The make and model of the vehicle you are trying to find cheaper insurance for makes a significant difference in your rates. The lowest base rates are usually found on lower performance four cylinder passenger vehicles, but other factors influence the final cost greatly.
The next chart uses these assumptions: single female driver age 30, full coverage with $1000 deductibles, and no discounts or violations. The chart compares Honda Insight car insurance rates compared to other makes and models that have a range of performances.
Location can influence price – Having an address in areas with lower population is a positive aspect when shopping for auto insurance. People in densely populated areas regularly have much more traffic and a longer drive to work. Fewer drivers on the road means less chance of accidents in addition to lower liability claims.
Honda Insight insurance discounts in Columbus
Auto insurance companies don’t necessarily list all possible discounts very clearly, so we took the time to find some of the best known and also the lesser-known savings tricks you should be using when you buy Columbus auto insurance online.
- Club Memberships – Having an affiliation with a professional or civic organization could qualify you for a break on your next car insurance statement.
- Early Renewal Discounts – Some larger companies give discounts for buying a policy early. Ten percent is about the average savings.
- Multiple Cars – Having all your vehicles on one policy may reduce the rate for each vehicle.
- Low Miles Discount – Fewer annual miles on your Honda could be rewarded with cheaper car insurance rates.
- Drive Safe and Save – Safe drivers may save up to 50% more compared to accident prone drivers.
- Drivers Ed for Students – Make teen driver coverage more affordable by requiring them to successfully take a driver’s education course if it’s offered in school.
Discounts save money, but please remember that some of the credits will not apply to the whole policy. Most only reduce the price of certain insurance coverages like collision or personal injury protection. Just because it seems like adding up those discounts means a free policy, it’s just not the way it works.
The information below shows the difference between Honda Insight auto insurance costs with and without discounts being applied to the rates. The information is based on a female driver, a clean driving record, no at-fault accidents, Ohio state minimum liability limits, comp and collision included, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, marriage, multi-car, safe-driver, multi-policy, and claim-free discounts applied.
Popular car insurance companies and a selection of discounts include:
- GEICO has savings for military active duty, air bags, membership and employees, anti-theft, anti-lock brakes, seat belt use, and defensive driver.
- Auto-Owners Insurance includes discounts for multi-policy, teen driver, anti-lock brakes, anti-theft, company car, and safe driver.
- American Family offers discounts for good student, Steer into Savings, mySafetyValet, air bags, and accident-free.
- Esurance may offer discounts for renters, online quote, online shopper, claim free, and good student.
- Progressive discounts include online signing, continuous coverage, online quote discount, homeowner, multi-vehicle, good student, and multi-policy.
- State Farm offers premium reductions for driver’s education, Drive Safe & Save, Steer Clear safe driver discount, safe vehicle, accident-free, and passive restraint.
- AAA offers discounts including pay-in-full, anti-theft, education and occupation, good student, multi-car, and good driver.
Check with all companies you are considering the best way to save money. Some of the earlier mentioned discounts might not apply in your state. To see a list of companies that offer the discounts shown above in Columbus, click this link.
There’s no such thing as the perfect insurance policy
When it comes to buying adequate coverage, there really isn’t a perfect coverage plan. Every insured’s situation is different and a cookie cutter policy won’t apply.
Here are some questions about coverages that can help discover whether or not you would benefit from professional advice.
- Can I still get insurance after a DUI?
- Do I need replacement cost coverage on my Honda Insight?
- Is my vehicle covered by my employer’s policy when using it for work?
- Is business property covered if stolen from my car?
- Will filing a claim cost me more?
- Do I need higher collision deductibles?
- Can I cancel at any time?
- How can I get the company to pay a claim?
- What does medical payments cover?
If it’s difficult to answer those questions, then you may want to think about talking to an insurance agent. To find an agent in your area, fill out this quick form or go to this page to view a list of companies.
Shop online but buy locally
Many drivers still prefer to talk to a local agent and often times that is recommended A nice benefit of getting free rate quotes online is that drivers can save money and get the best rates but also keep your business local.
After filling out this form (opens in new window), the quote information is submitted to companies in Columbus who want to provide quotes and help you find cheaper coverage. There is no reason to leave your computer as quotes are delivered to you instantly. You can most likely find cheaper rates without requiring a lot of work. If you have a need to quote rates from one company in particular, you can always visit that company’s website and fill out the quote form the provide.
Deciding on an provider requires you to look at more than just the price. The answers to these questions are important, too.
- Does the agent recommend any additional coverage?
- Does the company have a local claim office in Columbus?
- How will an accident affect your rates?
- How experienced are they in personal risk management?
- How does the company pay claims for a total loss?
- Is there a Errors and Omissions policy in force?
If you want to use a reputable agency, it’s helpful to know the types of insurance agents and how they are slightly different. Insurance agencies in Columbus can either be independent or exclusive.
Exclusive Insurance Agents
Agents that elect to be exclusive can only quote rates from one company and examples are AAA, State Farm, Farmers Insurance, and Allstate. These agents are not able to compare other company’s rates so you might not find the best rates. Exclusive insurance agents receive a lot of sales training on their company’s products and that can be a competitive advantage. Many people choose to use a exclusive agent mainly due to loyalty to the company and solid financial strength.
Below is a list of exclusive agents in Columbus willing to provide price quote information.
- Jack Gilkerson – State Farm Insurance Agent
4232 E Main St – Whitehall, OH 43213 – (614) 237-4256 – View Map - Jonathan Yu – State Farm Insurance Agent
1930 Crown Park Ct #140 – Columbus, OH 43235 – (614) 885-9507 – View Map - Ted Briggs – State Farm Insurance Agent
2545 Petzinger Rd L – Columbus, OH 43209 – (614) 235-6667 – View Map
Independent Insurance Agents
Independent agencies often have affiliation with several companies so they can quote policies with an assortment of companies and help determine which has the cheapest rates. If prices rise, your agent can switch companies which is easy for the insured. When comparison shopping, it’s a good idea to compare quotes from at a minimum one independent agency to have the most options to choose from. Many can place coverage with lesser-known insurance companies that may provide cheaper insurance rates.
Shown below is a list of independent agents in Columbus that are able to give comparison quotes.
- All Ohio Insurance Agency Inc
180 Northwoods Blvd – Columbus, OH 43235 – (614) 825-0770 – View Map - IHT Insurance Agency Group LLC
655 Metro Pl S Suite 330 – Dublin, OH 43017 – (614) 761-2825 – View Map - Nationwide Insurance: Robert Darnell Jackson Agency
2690 E Main St – Columbus, OH 43209 – (614) 235-5413 – View Map
Once you have positive responses to any questions you may have and a good coverage price, you may have found a car insurance agent that will insure your vehicles. Just be aware that you are entitled to cancel your policy at any time so don’t think that you are obligated to a specific agent for a certain time period.
Don’t give up on affordable rates
We just presented a lot of techniques to get a better price on Honda Insight insurance in Columbus. It’s most important to understand that the more rate quotes you have, the better your chances of lowering your premium rates. You may even find the best price on auto insurance is with some of the smallest insurance companies. Some small companies often have lower premium rates on specific markets compared to the large companies like Allstate, GEICO and Progressive.
Cost effective Honda Insight insurance is possible both online in addition to local insurance agencies, so you need to shop Columbus auto insurance with both to have the best rate selection. A few companies do not offer rate quotes online and many times these regional carriers provide coverage only through independent agents.
Steps to buying cheaper Honda Insight insurance in Columbus
If saving the most money is your goal, then the best way to get cheaper auto insurance rates is to make a habit of regularly comparing prices from insurance carriers who sell auto insurance in Columbus.
- Take a little time to learn about the coverage provided by your policy and the changes you can make to prevent rate increases. Many rating criteria that cause high rates such as at-fault accidents, careless driving, and poor credit rating can be remedied by making minor driving habit or lifestyle changes.
- Compare price quotes from direct carriers, independent agents, and exclusive agents. Direct and exclusive agents can provide rates from one company like Progressive or Allstate, while agents who are independent can quote prices from multiple companies.
- Compare the quotes to your current policy premium to determine if switching companies saves money. If you find a lower rate quote and buy the policy, verify that coverage does not lapse between policies.
- Notify your company or agent to cancel your current policy and submit any necessary down payment along with the completed application to your new insurance company. Be sure to put the new certificate verifying proof of insurance with your registration paperwork.
An important part of this process is that you’ll want to make sure you compare identical deductibles and limits on each quote request and and to get quotes from as many different insurance providers as possible. Doing this guarantees a fair rate comparison and a complete price analysis.
Additional articles
- Shopping for a Safe Car (Insurance Information Institute)
- Who Has Cheap Columbus Auto Insurance Quotes for Retired Military? (FAQ)
- Should I Purchase an Umbrella Liability Policy? (Insurance Information Institute)
- Determining Your Vehicle’s Value and Repair Cost (Insurance Information Institute)