Best Quotes for Honda Fit Insurance in Raleigh

If saving money is your primary concern, then the best way to get affordable auto insurance rates in Raleigh is to compare prices once a year from providers that sell auto insurance in North Carolina.

1. Get an understanding of coverages and the changes you can make to keep rates down. Many rating criteria that result in higher prices such as traffic tickets, fender benders, and an imperfect credit score can be rectified by improving your driving habits or financial responsibility. Keep reading for more details to prevent expensive rate increases and find discounts that you may qualify for.
2. Obtain price quotes from direct carriers, independent agents, and exclusive agents. Direct and exclusive agents can give quotes from one company like Progressive and State Farm, while independent agencies can quote rates for many different companies.
3. Compare the new rate quotes to your existing rates and determine if there is any savings. If you can save money and decide to switch, make sure coverage is continuous and does not lapse.
4. Give proper notification to your current agent or company to cancel your existing policy and submit any necessary down payment along with the completed application for your new policy. Immediately upon receiving it, keep your new certificate verifying proof of insurance in your glove compartment.

A valuable tip to remember is to try to use similar coverage information on each price quote and and to get rate quotes from every insurance company. This guarantees an apples-to-apples comparison and maximum price selection.

We don’t have to tell you that insurance companies want to prevent you from shopping around. Insureds who compare rates annually are very likely to move their business because the odds are good of finding better rates. A recent survey discovered that people who compared prices regularly saved $3,450 over four years compared to drivers who never shopped for cheaper rates.

If finding the cheapest rates on car insurance in Raleigh is your ultimate target, then having a grasp of the best way to compare auto insurance can help you be more efficient.

Finding Honda Fit insurance in Raleigh, North Carolina

All major insurance companies like State Farm and Allstate allow consumers to get price estimates directly from their websites. Comparing Honda Fit insurance rates online is pretty painless as you simply type in your personal and coverage information into the form. Once entered, their quoting system will order reports for credit and driving violations and returns a price determined by many factors. The ability to get online rate quotes for Honda Fit insurance in Raleigh makes it easy to compare insurance prices and it’s necessary to have as many quotes as possible in order to get a better rate.

To quickly fill out one form to compare multiple rates now, take a look at the companies shown below. If you have coverage now, it’s recommended that you enter deductibles and limits as close as possible to your current policy. This ensures you will be getting a price comparison for exact coverage.

The providers in the list below can provide free rate quotes in North Carolina. If you want cheap car insurance in Raleigh, NC, we suggest you visit as many as you can to get the most competitive price.

Don’t neglect these discounts

Auto insurance companies don’t always list every discount available very well, so the list below contains some of the best known and also the more inconspicuous insurance savings.

• Safety Restraint Discount – Drivers who require all vehicle occupants to use their safety belts may be able to save a few bucks off the PIP or medical payment premium.
• Pay Now and Pay Less – If you pay your bill all at once instead of monthly or quarterly installments you may reduce your total bill.
• Lower Rates for Military – Being deployed with a military unit could qualify you for better rates.
• Driving Data Discount – Insureds that choose to allow their insurance company to analyze driving habits by installing a telematics device like Drivewise from Allstate or In-Drive from State Farm might get better premium rates if they are good drivers.
• No Claim Discounts – Raleigh drivers who stay claim-free have much lower rates in comparison with insureds who have frequent claims or accidents.
• Discount for Passive Restraints – Options like air bags and/or automatic seat belt systems can receive discounts of more than 20%.
• Memberships – Having an affiliation with a civic or occupational organization in Raleigh could qualify you for a break on your next renewal.
• Good Grades Discount – Being a good student may save as much as 25% on a Raleigh car insurance quote. Earning this discount can benefit you up to age 25.
• Drivers Education – It’s a good idea to have your young drivers enroll and complete driver’s education in school.

A little note about advertised discounts, most discount credits are not given to the entire cost. Some only apply to the cost of specific coverages such as medical payments or collision. Even though it may seem like having all the discounts means you get insurance for free, insurance companies wouldn’t stay in business.

The illustration below illustrates the comparison of Honda Fit auto insurance rates with and without discounts being applied to the rates. The premium estimates are based on a female driver, no claims or driving violations, North Carolina state minimum liability limits, comp and collision included, and $100 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.

Larger insurance companies and a summarized list of policyholder discounts can be found below.

• Progressive offers discounts including homeowner, online signing, multi-policy, continuous coverage, and good student.
• MetLife may offer discounts for defensive driver, multi-policy, good driver, claim-free, and accident-free.
• Mercury Insurance has savings for ease of repair, good driver, age of vehicle, accident-free, multi-policy, and annual mileage.
• Nationwide has discounts for business or organization, easy pay, good student, accident-free, anti-theft, and Farm Bureau membership.
• GEICO offers discounts for good student, multi-policy, five-year accident-free, anti-lock brakes, driver training, anti-theft, and federal employee.
• AAA may have discounts that include multi-policy, good student, pay-in-full, AAA membership discount, anti-theft, education and occupation, and multi-car.

When getting a coverage quote, ask all the companies which discounts can lower your rates. Some of the discounts discussed earlier might not be offered everywhere.

Detailed insurance information

The data table shown below showcases different rate quotes for Honda Fit models. Having a better understanding of how auto insurance prices are calculated can assist in making informed coverage decisions.

Premium data assumes single female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and North Carolina minimum liability limits. Discounts applied include safe-driver, claim-free, multi-vehicle, homeowner, and multi-policy. Table data does not factor in zip code location which can impact price quotes noticeably.

Policy deductibles

One of the hardest decisions when shopping for insurance is what deductibles to buy. The rates below illustrate how much more rates are between low and high physical damage coverage deductibles. The first pricing table uses a $100 deductible for comp and collision and the second pricing table uses a $500 deductible.

Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and North Carolina minimum liability limits. Discounts applied include multi-policy, homeowner, safe-driver, claim-free, and multi-vehicle. Prices do not factor in specific garaging location which can decrease or increase price quotes considerably.

Based on this data, we can arrive at the conclusion that using a $100 deductible will cost you about $18 more each month or $216 for a full year than choosing the higher $500 deductible. Since the policyholder would be required to pay $400 more to file a claim with a $500 deductible as compared to a $100 deductible, if you normally average at least 22 months between claims, you would probably be better off by going with a higher deductible.

Gender-based insurance rates in Raleigh

The illustration below compares Honda Fit auto insurance costs for male and female drivers. The rates are based on no claims or driving citations, full physical damage coverage, $500 deductibles, drivers are single, and no discounts are applied to the premium.

Honda Fit full coverage rates compared to liability only

The example below shows the comparison of Honda Fit car insurance rates with full physical damage coverage compared to only buying the minimum liability limits required in North Carolina. Data assumes no violations or accidents, $500 deductibles, single marital status, and no discounts are applied.

When to drop comp and collision

There is no clear-cut formula to exclude comprehensive and collision coverage on your policy, but there is a general school of thought. If the annual cost of coverage is 10% or more of the settlement you would receive from your company, then it could be time to drop full coverage.

For example, let’s pretend your Honda Fit settlement value is $8,000 and you have $1,000 physical damage deductibles. If your vehicle is destroyed, the most you would get paid by your company is $7,000 after you pay the deductible. If you are currently paying more than $700 a year for full coverage, then it may be the right time to buy liability only.

There are some conditions where dropping physical damage coverage is not a good plan. If you still owe money on your vehicle, you must maintain physical damage coverage as part of the loan conditions. Also, if your savings is not enough to buy a different vehicle in case of an accident, you should not opt for liability only.

Local neighborhood insurance agents

Many people still like to buy from a local agent and that can be a smart move Professional insurance agents can point out coverage gaps and help file insurance claims. The biggest benefit of comparing rates online is that drivers can save money and get cheaper car insurance rates and still have an agent to talk to. Supporting neighborhood agents is important especially in Raleigh.

For easy comparison, once you complete this form (opens in new window), the coverage information gets sent to insurance agents in Raleigh that give free quotes for your coverage. You won’t even need to drive around since price quotes are sent to the email address you provide. If you wish to get a rate quote from one company in particular, don’t hesitate to search and find their rate quote page and give them your coverage information.

Below are agents in Raleigh that may be willing to give rate quotes for Honda Fit insurance in Raleigh.

View more Raleigh agents

Choosing a insurer should include more criteria than just the premium amount. Here are some questions you should ask.

• Which family members are covered?
• Do they offer rental car reimbursement?
• Will the agent or a CSR service your policy?
• What are their preferred companies if they are an independent agency?
• Do they reduce claim amounts on high mileage vehicles?
• Do they specialize in personal lines coverage in Raleigh?
• Are aftermarket or OEM parts used to repair vehicles?
• Are there any extra charges for paying monthly?

After getting answers to your satisfaction for all questions you ask and affordable Honda Fit insurance rates in Raleigh quotes, you have narrowed it down to an provider that will properly insure your vehicles.

When do I need an agent’s advice?

Always remember that when buying proper insurance coverage for your vehicles, there really is not a one-size-fits-all type of policy. Your needs are not the same as everyone else’s so your insurance needs to address that.
For instance, these questions might point out whether your personal situation may require specific advice.

• Do I need to call my car insurance company before buying a new car?
• Do I need motorclub coverage?
• What is high-risk coverage and where do I buy it?
• Are there companies who specialize in insuring high-risk drivers?
• Will I be non-renewed for getting a DUI or other conviction?
• Can good grades get a discount?
• What is roadside assistance coverage?

If you’re not sure about those questions, you might consider talking to a licensed agent. If you want to speak to an agent in your area, fill out this quick form or you can also visit this page to select a carrier It’s fast, free and can help protect your family.

Learn How to Lower Your Insurance Costs

Smart consumers have a good feel for the factors that help calculate the price you pay for auto insurance. When you know what positively or negatively positively or negatively impacts your premiums, this empowers consumers to make smart changes that could help you find much lower annual insurance costs. Lots of factors are part of the equation when premium rates are determined. Some are pretty understandable such as your driving history, but other criteria are more transparent like your vehicle usage or your financial responsibility.

The factors shown below are some of the items used by your company to calculate rates.

• Driver age impacts costs – Older drivers are proven to be safer behind the wheel, cost insurance companies less in claims, and usually have better credit. Teenage drivers are known to get distracted easily with other occupants in the car so auto insurance rates are higher.

  The data below uses these variables: single driver, full coverage with $100 deductibles, and no discounts or violations.

• Deter vehicle theft – Driving a car that has a built-in theft deterrent system can save you some money. Theft deterrent systems such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all hinder your vehicle from being stolen.
• Pleasure use saves money – Driving more miles each year the more you’ll pay to insure your vehicle. Almost all companies apply a rate based upon how much you drive. Vehicles that have low annual miles can get a lower rate than those that get driven frequently. An incorrectly rated Fit may be costing you. It’s a good idea to make sure your vehicle rating properly reflects the correct usage, because improper ratings can cost you money.
• Rates can drop if you have more than one policy – Most major auto insurance companies give lower prices to insureds who carry more than one policy. It’s known as a multi-policy discount. If you currently are using one company, it’s still a good idea to compare other company rates to ensure the best deal.There is a good possibility that you can save money by insuring with multiple companies.

• Traffic violations inflate premiums – Even a single chargeable violation can bump up the cost twenty percent or more. Careful drivers get better prices than their less careful counterparts. People who have severe violations such as DUI, reckless driving or excessive speeding may find they need to maintain a SR-22 with their state’s department of motor vehicles in order to prevent their license from being revoked.

  The information below shows how traffic citations and accident claims can affect Honda Fit car insurance costs for different age groups of insureds. Data assumes a married female driver, comprehensive and collision coverage, $1,000 deductibles, and no policy discounts are applied.

• When should you file insurance claims? – Companies in North Carolina generally give cheaper rates to people who do not file claims often. If you’re an insured who likes to file claims you can pretty much guarantee either higher rates or even cancellation. Your car insurance is designed for more catastrophic claims.
• Coverage lapses raise auto insurance rates – Allowing your coverage to lapse can be a sure-fire way to trigger a rate increase. Not only will you pay higher rates, the inability to provide proof of insurance could earn you a steep fine or even jail time. You may need to submit proof of financial responsibility or a SR-22 with the North Carolina DMV.

• Loss probability for a Honda Fit – Companies analyze past claim statistics to calculate a price that offsets possible losses. Models that the statistics show to have higher claim frequency or loss amount will cost more for coverage. The next table shows the historical loss data for Honda Fit vehicles.

  For each insurance policy coverage type, the claim probability for all vehicles averaged together is represented as 100. Numbers shown that are under 100 indicate better than average losses, while numbers that are greater than 100 point to more losses or an increased chance of a larger loss.

  
  

  Honda Fit Insurance Claim Statistics

  Make and Model	Collision	Property Damage	Comp	Personal Injury	Medical Payment	Bodily Injury
  Honda Fit	89	78	90	99	97	92

  BETTER

  AVERAGE

  WORSE

  Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Three reasons to not skimp on insurance

Despite the high cost, insuring your vehicle may be required and benefits you in several ways.

• Most states have minimum liability requirements which means it is punishable by state law to not carry specific minimum amounts of liability protection in order to drive the car. In North Carolina these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
• If your Honda has a lienholder, almost every bank will make it mandatory that you have insurance to guarantee payment of the loan. If you do not pay your insurance premiums, the lender will be forced to insure your Honda at a more expensive rate and force you to pay for the much more expensive policy.
• Insurance safeguards both your assets and your vehicle. Insurance will also pay for all forms of medical expenses for both you and anyone you injure as the result of an accident. Liability coverage, the one required by state law, will also pay to defend you in the event you are sued. If your Honda gets damaged, comprehensive (other-than-collision) and collision coverage will cover the repair costs.

The benefits of insuring your car definitely exceed the price paid, particularly if you ever have a claim. Despite what companies tell you, the average driver overpays as much as $820 a year so compare rate quotes at least once a year to be sure current rates are still competitive.

Auto insurance companies ranked

Finding a high-quality company is difficult considering how many choices drivers have in Raleigh. The rank data shown next can help you analyze which insurers you want to consider when comparing rate quotes.

Top 10 Raleigh Car Insurance Companies Overall

1. Travelers
2. USAA
3. Mercury Insurance
4. AAA Insurance
5. Nationwide
6. Allstate
7. State Farm
8. The Hartford
9. Safeco Insurance
10. Progressive

A conclusion for your car insurance search

More affordable car insurance in Raleigh is attainable both online in addition to local insurance agencies, so you should compare both to have the best chance of lowering rates. Some insurance providers do not provide online quoting and these smaller companies sell through independent insurance agents.

You just read a lot of techniques to compare Honda Fit insurance rates in Raleigh. The key concept to understand is the more price quotes you have, the higher your chance of finding low cost Raleigh car insurance quotes. You may even find the most savings is with some of the lesser-known companies. Regional companies can often provide lower auto insurance rates in certain areas than their larger competitors like State Farm, GEICO and Nationwide.

More information is located at the links below

• Vehicle Insurance in the U.S. (Wikipedia)
• Who Has Affordable Auto Insurance Quotes for Government Employees in Raleigh? (FAQ)
• Teen Driving and Texting (State Farm)
• A Tree Fell on Your Car: Now What? (Allstate)
• New Honda safety features benefit drivers of all ages (Insurance Institute for Highway Safety)