How to Compare Atlanta Honda Element Insurance

Want a free price quotes on low-cost Honda Element insurance in Atlanta? Pricey car insurance in Atlanta can diminish your family’s budget and put a big crunch on your finances. Getting a rate comparison is a fast and free way to make sure you’re not throwing money away.

Regrettably, a large majority of consumers kept their coverage with the same car insurance company for over three years, and just under half have never even compared rates from other companies. U.S. insurance shoppers could save nearly 46.5% a year just by comparing rates, but they feel it’s too difficult to do a rate comparison.

Big companies like State Farm, Progressive and GEICO continually bombard you with advertising and it is difficult to see through the deception and find the best price available.

Consumers should take time to check car insurance prices before your next renewal since insurance rates are adjusted regularly by insurance companies. Even if you got the best premium rates on Honda Element insurance in Atlanta last year the chances are good that you can find a lower price today. Block out anything you think you know about car insurance because we’re going to demonstrate the only way to find great coverage at a great price.

Best companies for cheap Honda Element insurance in Georgia

The companies shown below offer free rate quotes in Atlanta, GA. If multiple companies are listed, we recommend you visit two to three different companies in order to find the most competitive rates.

Cost estimates assume married female driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Georgia minimum liability limits. Discounts applied include multi-vehicle, claim-free, safe-driver, homeowner, and multi-policy. Information does not factor in zip code location which can increase or decrease rates noticeably.

Tickets and at-fault accidents raise rates

The information below demonstrates how speeding tickets and fender-benders can impact Honda Element auto insurance rates for each age group. The costs are based on a single male driver, full coverage, $1,000 deductibles, and no other discounts are factored in.

Should you buy full coverage?

The chart below visualizes the comparison of Honda Element car insurance costs with full coverage and liability only. The prices are based on no claims, a clean driving record, $1,000 deductibles, married female driver, and no discounts are applied.

When to switch to liability coverage only

There is no specific rule to stop paying for physical damage coverage on your policy, but there is a guideline you can consider. If the yearly cost for physical damage coverage is more than around 10% of the settlement you would receive from your company, then it’s probably a good time to buy liability coverage only.

For example, let’s assume your Honda Element settlement value is $5,000 and you have $1,000 deductibles. If your vehicle is destroyed, the most you would get paid by your company is $4,000 after paying the physical damage deductible. If it’s costing in excess of $400 annually for comprehensive and collision coverage, then it might be time to consider dropping full coverage.

There are some circumstances where removing full coverage is not recommended. If you still owe a portion of the original loan, you are required to maintain full coverage in order to keep the loan. Also, if your savings is not enough to buy a different vehicle in case of an accident, you should not opt for liability only.

Policy deductible comparison

When shopping for car insurance, a common question is how high should the physical damage coverage deductibles be. The following tables may help to illustrate the differences in premium rates between low and high deductibles. The first data set uses a $100 deductible for comp and collision and the second set of rates uses a $1,000 deductible.

Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, and Georgia minimum liability limits. Discounts applied include multi-policy, homeowner, claim-free, multi-vehicle, and safe-driver. Information does not factor in specific location which can revise rates substantially.

Based on this data, using a $100 deductible would cost the average driver about $39 more each month or $468 for a full year than opting for the higher $1,000 deductible. Since the policyholder would be required to pay $900 more if you turn in a claim with a $1,000 deductible as compared to a $100 deductible, if you go at a minimum 23 months between claims, you would probably be better off if you decide on a higher deductible.

Don’t neglect these discounts

Companies don’t always list all possible discounts in a way that’s easy to find, so the following is a list of both the well known in addition to some of the lesser obvious credits available to bring down your rates. If you do not double check each discount you deserve, you could be saving more on your insurance.

• Military Discounts – Having a deployed family member may lower your rates slightly.
• Atlanta Homeowners Discount – Being a homeowner can get you a discount due to the fact that maintaining a home demonstrates responsibility.
• New Vehicle Savings – Buying a new car instead of a used Element can save up to 30% because new vehicles have to meet stringent safety requirements.
• Data Collection Discounts – Drivers that enable companies to scrutinize vehicle usage by using a telematics device in their vehicle such as In-Drive from State Farm or Allstate’s Drivewise system might see lower rates as long as they are good drivers.
• Clubs and Organizations – Having an affiliation with a professional or civic organization is a simple method to lower premiums on your next insurance statement.

You should keep in mind that some credits don’t apply to the entire cost. Most only reduce specific coverage prices like collision or personal injury protection. Even though the math looks like all the discounts add up to a free policy, it’s just not the way it works.

If you would like to view insurance companies that provide some of the discounts listed above in Atlanta, click here to view.

Get Cheaper Insurance Prices by Understanding These Factors

The best way to find cheaper car insurance is to take a look at some of the things that are used to determine your car insurance rates. When consumers understand what positively or negatively impacts your premiums, this helps enable you to make changes that can help you get big savings.

Shown below are a few of the things companies use to determine your rates.

Discounts for married couples – Walking down the aisle can get you a discount on your car insurance bill. It generally demonstrates drivers are more mature and responsible and it’s statistically proven that drivers who are married file infrequent claims.

Do you really need the incidental coverages? – There are a lot of extra add-on coverages that can add up but may not be useful. Coverage for things like vanishing deductibles, accidental death, and membership fees may be wasting your money. You may think they are a good idea when talking to your agent, but if you don’t need them get rid of them and save.

Your location is important – Choosing to live in areas with lower population is a good thing when insuring your vehicles. City drivers tend to have more auto accidents and a longer drive to work. Less people corresponds to lower accident rates in addition to fewer liability claims.

Frequent insurance claims increase prices – If you are a frequent claim filer, you should expect either a policy non-renewal or much higher rates. Car insurance companies in Georgia give better rates to insureds who are claim-free. Your car insurance is designed for the large, substantial claims.

When to talk to an agent

Some people just prefer to get professional advice from a licensed agent and we recommend doing that One of the best bonuses of price shopping on the web is you can get cheap rate quotes and still have a local agent. And supporting neighborhood agents is important especially in Atlanta.

To help locate an agent, after submitting this short form, your information is transmitted to local insurance agents that can give you free Atlanta car insurance quotes for your coverage. You don’t have to drive around since rate quotes are delivered directly to your email. You can find better rates and work with a local agent. If for some reason you want to get a price quote for a specific company, you just need to jump over to their website and submit a quote form there.

If you are wanting to find local Atlanta agents, you should know the types of insurance agents and how they can service your needs differently. Car insurance policy providers are categorized either independent or exclusive depending on the company they work for.

Independent Agents (or Brokers)

Agents in the independent channel do not have single company limitations and that is an advantage because they can write policies with an assortment of companies and get the cheapest rates. If they quote lower rates, the agent simply finds a different carrier which is easy for the insured. If you need lower rates, you definitely need to compare quotes from a couple of independent agencies to have the most options to choose from.

Listed below are independent agents in Atlanta who may be able to give you pricing information.

View more Atlanta agents

Exclusive Car Insurance Agents

These agents can only write with one company such as Farmers Insurance, State Farm, Allstate, and AAA. Exclusive agents are unable 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 enables them to sell even at higher rates.

Below is a short list of exclusive insurance agencies in Atlanta that are able to give rate quotes.

View more Atlanta agents

Picking an insurance agency is decision based upon more than just a low price. A good agent in Atlanta will have answers to these questions.

• Is the quote a firm price?
• By raising physical damage deductibles, how much would you save?
• Are they giving you every discount you deserve?
• What are their preferred companies if they are an independent agency?
• Do they feel the quoted coverages are adequate?

Affordable coverage is out there

We covered many ways to get a better price on Honda Element insurance in Atlanta. The most important thing to understand is the more companies you get rates for, the better your chances of lowering your rates. Consumers may even find the best price on auto insurance is with a smaller regional carrier. Smaller companies may only write in your state and offer lower rates than the large multi-state companies such as GEICO and State Farm.

The cheapest Honda Element insurance in Atlanta is possible both online and also from your neighborhood Atlanta agents, so you need to shop Atlanta car insurance with both to have the best chance of lowering rates. There are still a few companies who don’t offer online quoting and most of the time these smaller companies provide coverage only through independent agencies.

Even more information is located at these sites:

• What to do at the Scene of an Accident (Insurance Information Institute)
• Who Has Cheap Car Insurance for a 20 Year Old Female in Atlanta? (FAQ)
• Who Has Cheap Car Insurance Quotes for a Ford F-150 in Atlanta? (FAQ)
• Who Has the Cheapest Car Insurance Quotes for Teenagers in Atlanta? (FAQ)
• Who Has Cheap Atlanta Car Insurance Rates for a School Permit? (FAQ)
• Who Has the Cheapest Car Insurance Rates for Police Officers in Atlanta? (FAQ)
• What Does No-Fault Insurance Cover? (Allstate)
• Property Damage Coverage (Liberty Mutual)
• All About Airbag Safety (State Farm)
• Front crash protection reduces rear-end crashes (Insurance Institute for Highway Safety)