2013 Honda Insight Insurance Rates

Average insurance rates for a 2013 Honda Insight are $1,198 a year including full coverage. Comprehensive costs on average $200 each year, collision insurance costs $380, and liability costs $460. Buying a liability-only policy costs as little as $510 a year, and high-risk insurance costs around $2,606. Teen drivers receive the highest rates at up to $4,710 a year.

Annual premium for full coverage: $1,198

Rate estimates for 2013 Honda Insight Insurance

Rate data is compiled from all 50 U.S. states and averaged for all 2013 Honda Insight models. Rates are based on a 40-year-old male driver, $500 comprehensive and collision deductibles, and a clean driving record. Remaining premium consists of UM/UIM coverage, Medical/PIP, and policy fees.

Price Range by Coverage and Risk

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These differences highlight why all drivers should compare rates based on a specific location and risk profile, instead of making a decision based on price averages.

Use the form below to get rates for your location.

Trying to find the cheapest car insurance rates for your Honda Insight? Cutting costs on car insurance is challenging for consumers new to comparison shopping online. Drivers have so many choices that it can be a lot of work to locate the lowest price.

Compare Auto Insurance Today

There are several ways to shop for Honda Insight auto insurance, but one way is less labor-intensive and much quicker. You can spend countless hours discussing policy coverages with local insurance agents in your area, or you could save time and use online quoting to get prices fast.

Many insurance companies take part in a program where prospective buyers complete one form, and at least one company then returns a price quote based on the submitted data. This prevents consumers from doing quote requests for every auto insurance company. To access this free quoting program, click here (opens in new window).

The one disadvantage to using this type of system is that consumers can’t choose which companies you will receive quotes from. So if you prefer to pick from a list of companies to receive pricing from, we have a listing of the cheapest auto insurance companies in your area. Click here for list of insurance companies.

Whichever method you choose, be sure to compare exactly the same information for each price quote. If you enter differing limits it will be very difficult to determine the best price for your Honda Insight. Quoting even small variations in coverages may cause a big price difference. And when comparing auto insurance rates, know that having more price comparisons provides better odds of finding a lower rate.

Are you getting all your discounts?

The price of auto insurance can be rather high, but there are discounts available to cut the cost considerably. Certain discounts will be triggered automatically at the time of purchase, but some may not be applied and must be asked about before you will receive the discount.

• Passive Restraints – Factory air bags and/or automatic seat belt systems can qualify for discounts of 20% or more.
• Fewer Miles Equal More Savings – Fewer annual miles on your Honda can earn better rates on cars that stay parked.
• Use Seat Belts – Buckling up and requiring all passengers to buckle their seat belts can save 10% or more off your PIP or medical payments premium.
• Discounts for Safe Drivers – Insureds without accidents can get discounts for up to 45% lower rates for Insight coverage than their less cautious counterparts.
• Theft Prevention System – Anti-theft and alarm systems help deter theft and qualify for as much as a 10% discount.

A little note about advertised discounts, most discount credits are not given to all coverage premiums. Some only apply to the cost of specific coverages such as liability, collision or medical payments. Just because it seems like it’s possible to get free car insurance, you’re out of luck. But any discount will bring down the cost of coverage.

For a list of companies who offer auto insurance discounts, click here to view.

Honda Insight rate determination is complex

It’s important that you understand the factors that play a part in calculating the rates you pay for auto insurance. Understanding what controls the rates you pay enables informed choices that may reward you with lower auto insurance prices.

Shown below are some of the items auto insurance companies consider when setting rates.

• Theft deterrents lower rates – Choosing a vehicle with a theft deterrent system can save you a little every year. Anti-theft features like tamper alarm systems, vehicle immobilizer technology and General Motors OnStar can thwart your vehicle from being stolen.
• High crash test scores lower rates – Cars with high safety ratings tend to have better insurance rates. Safe vehicles reduce injuries and fewer injuries translates into savings for insurance companies and lower rates for you. If your Honda Insight has ratings of a minimum four stars on Safercar.gov you may qualify for a discount.
• Your age impacts your rates – Young drivers are known to be less responsible behind the wheel so auto insurance rates are higher. Parents adding a teenage driver onto your auto insurance can break the bank. Older drivers tend to be more responsible, tend to file fewer claims and get fewer tickets.
• Marriage pays dividends – Getting married actually saves money on your policy. Marriage usually means you are more mature it has been statistically shown that being married results in fewer claims.
• More claims means more premium – If you tend to file frequent claims, you can pretty much guarantee higher rates. Companies provide better rates to drivers who do not rely on their insurance for small claims. Insurance coverage is meant to be used in the event of the large, substantial claims.

Tailor your coverage to you

When choosing proper insurance coverage for your personal vehicles, there really is not a best way to insure your cars. Every insured’s situation is different.

For example, these questions can help discover whether you will benefit from professional help.

• Is my dog or cat covered if injured in an accident?
• Who is covered by my policy?
• Are my tools covered if they get stolen from my vehicle?
• Do I have newly-aquired coverage?
• Am I covered when driving on a suspended license?
• Where can I find high-risk insurance?
• What is the difference between comprehensive and collision coverage?

If you don’t know the answers to these questions but you think they might apply to your situation, you might consider talking to an insurance agent. To find an agent in your area, complete this form.

Save $432 a year? Really?

Auto insurance providers like Allstate and Progressive constantly bombard you with ads in print and on television. They all say the same thing about savings if you switch your policy. How do they all make almost identical claims?

Different companies have a preferred profile for the type of customer that makes them money. For example, a preferred risk might be profiled as between the ages of 40 and 55, insures multiple vehicles, and has a short commute. Any driver who fits that profile receives the best rates and as a result will probably pay quite a bit less when switching companies.

Potential insureds who do not match the “perfect” profile will have to pay a more expensive rate and this can result in the customer not buying. The ads state “customers who switch” not “everybody who quotes” save that much. That’s why companies can make the claims of big savings.

Because of the profiling, it’s extremely important to get quotes from several different companies. It is impossible to predict which insurance companies will have the lowest Honda Insight insurance rates.

Auto insurance coverage specifics

Having a good grasp of auto insurance helps when choosing which coverages you need at the best deductibles and correct limits. Auto insurance terms can be ambiguous and coverage can change by endorsement.

Uninsured or underinsured coverage – This coverage provides protection from other motorists when they are uninsured or don’t have enough coverage. It can pay for injuries sustained by your vehicle’s occupants and damage to your Honda Insight.

Because many people carry very low liability coverage limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is important protection for you and your family. Normally these limits are similar to your liability insurance amounts.

Collision coverages – This coverage pays for damage to your Insight caused by collision with another car or object. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims such as damaging your car on a curb, scraping a guard rail and backing into a parked car. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are 8 years or older. You can also choose a higher deductible to get cheaper collision coverage.

Comprehensive protection – This will pay to fix damage OTHER than collision with another vehicle or object. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers things like vandalism, falling objects, damage from getting keyed and hitting a bird. The maximum amount your auto insurance company will pay is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Liability coverage – This coverage will cover damage or injury you incur to other people or property. It protects you from claims by other people. Liability doesn’t cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show values of 50/100/50 which means a limit of $50,000 per injured person, a total of $100,000 of bodily injury coverage per accident, and $50,000 of coverage for damaged property. Alternatively, you may have one number which is a combined single limit that pays claims from the same limit rather than limiting it on a per person basis.

Liability coverage pays for claims like medical services, loss of income and medical expenses. The amount of liability coverage you purchase is a personal decision, but you should buy as large an amount as possible.

Medical expense coverage – Personal Injury Protection (PIP) and medical payments coverage provide coverage for immediate expenses like pain medications, prosthetic devices, doctor visits and dental work. They are often utilized in addition to your health insurance program or if there is no health insurance coverage. They cover not only the driver but also the vehicle occupants as well as being hit by a car walking across the street. PIP is not universally available and gives slightly broader coverage than med pay

Saving money makes a lot of cents

Lower-priced 2013 Honda Insight insurance can be purchased from both online companies as well as from independent agents, and you need to comparison shop both to have the best rate selection. Some insurance providers don’t offer online quoting and usually these small, regional companies provide coverage only through local independent agents.

Insureds change insurance companies for many reasons like poor customer service, high prices, high rates after DUI convictions and delays in responding to claim requests. Regardless of your reason for switching companies, switching auto insurance companies can be easier than you think.

When trying to cut insurance costs, make sure you don’t sacrifice coverage to reduce premiums. Too many times, an insured dropped full coverage only to discover later that the savings was not a smart move. Your strategy should be to buy a smart amount of coverage at the best price while not skimping on critical coverages.

Other learning opportunities

• Understanding Car Crashes Video (iihs.org)
• Protect Yourself Against Auto Theft (Insurance Information Insitute)
• Parking Tips to Reduce Door Dings (State Farm)
• Teen Driving Statistics (iihs.org)
• Child Safety FAQ (iihs.org)