Honda Odyssey Insurance Quotes in Sacramento

Honda Odyssey insurance rates image courtesy of QuoteInspector.com

It's an obvious statement that auto insurance companies want to prevent you from shopping around. Drivers who shop rates annually will probably switch auto insurance companies because they have good chances of finding a more affordable policy premium. A recent survey discovered that consumers who routinely compared rates saved as much as $3,450 over four years compared to people who never shopped around.

If finding the lowest rates on Honda Odyssey insurance is why you're here, then having some insight into the best ways to shop for coverage rates can make the process less intimidating.

Really, the only way to save on Honda Odyssey insurance in Sacramento is to make a habit of regularly comparing prices from insurance carriers who can sell car insurance in California.

1. Get an understanding of what is in your policy and the measures you can take to prevent high rates. Many risk factors that cause high rates such as your driving record and a poor credit score can be remedied by making minor driving habit or lifestyle changes. This article gives information to help prevent costly coverage and find available discounts that you may qualify for.
2. Compare prices from independent agents, exclusive agents, and direct companies. Direct companies and exclusive agencies can only provide price estimates from a single company like GEICO or Farmers Insurance, while independent agencies can provide price quotes for a wide range of insurance providers.
3. Compare the new rate quotes to your current policy premium to see if you can save by switching companies. If you find better rates, make sure coverage does not lapse between policies.
4. Provide written notification to your current company of your intent to cancel your current coverage and submit a signed application and payment to the new company. Immediately upon receiving it, keep your new proof of insurance certificate with the vehicle registration.

The key thing to know about shopping around is that you use the same coverage limits and deductibles on each price quote and and to get price quotes from as many car insurance companies as possible. This guarantees a fair rate comparison and a complete price analysis.

All the larger insurance companies make it easy to get pricing direct online. Getting Honda Odyssey insurance prices online is quite simple as you just type in your required coverages as detailed in the form. Upon sending the form, their rating system automatically retrieves your driving and credit reports and generates a price based on these factors.

Using the web to get rates for Honda Odyssey insurance in Sacramento simplifies rate comparisons, and it's absolutely necessary to have as many quotes as possible if you want to find lower-cost insurance pricing.

To quickly fill out one form to compare multiple rates now, consider comparing rates from the companies shown below. If you have your current policy handy, we recommend you enter the coverage information exactly as they are listed on your policy. This way, you will have a rate comparison using the same coverage and limits.

The companies shown below are ready to provide comparison quotes in California. If multiple companies are listed, we recommend you get rate quotes from several of them in order to find the cheapest rates.

Why you need quality insurance for your Odyssey

Despite the high cost, insuring your vehicle serves a purpose in several ways.

• Just about all states have compulsory liability insurance requirements which means the state requires specific minimum amounts of liability insurance in order to license the vehicle. In California these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.
• If you bought your Honda with a loan, almost all lenders will require you to have full coverage to guarantee payment of the loan. If you cancel or allow the policy to lapse, the lender may have to buy a policy to insure your Honda at a significantly higher premium and force you to reimburse them a much higher amount than you were paying before.
• Auto insurance preserves both your car and your personal assets. It will also provide coverage for all forms of medical expenses for yourself as well as anyone injured by you. Liability insurance will also pay for a defense attorney if you are sued as the result of an accident. If your vehicle suffers damage from an accident or hail, collision and comprehensive (also known as other-than-collision) coverage will pay all costs to repair after the deductible has been paid.

The benefits of having insurance outweigh the cost, particularly when you have a large claim. An average driver in America is currently overpaying as much as $825 a year so it's important to compare rates at every renewal to help ensure money is not being wasted.

Auto insurance analysis for a Honda Odyssey

The information below showcases estimates of rate quotes for Honda Odyssey models. Being able to understand how premiums are determined can assist in making smart buying decisions.

Data variables include single male driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and California minimum liability limits. Discounts applied include claim-free, multi-policy, homeowner, multi-vehicle, and safe-driver. Table data does not factor in vehicle garaging location which can increase or decrease rates considerably.

The illustration below demonstrates how choosing different deductibles and can change Honda Odyssey insurance premiums for each different age category. The costs are based on a single female driver, full physical damage coverage, and no discounts are taken into consideration.

Auto insurance rates based on gender

The diagram below shows the difference between Honda Odyssey car insurance rates for male and female drivers. The premiums assume no tickets, no at-fault accidents, full physical damage coverage, $500 deductibles, single status, and no discounts are taken into consideration.

Full coverage or liability only

The chart below illustrates the difference between Honda Odyssey insurance prices with full physical damage coverage and with liability coverage only. The premiums are based on no claims or driving violations, $250 deductibles, drivers are single, and no discounts are taken into consideration.

When to stop buying full coverage

There is no specific rule that works best for making the decision to drop physical damage insurance, but there is a general guideline you can use. If the annual cost of having full coverage is more than about 10% of the replacement cost minus the deductible, then you may need to consider dropping full coverage.

For example, let's pretend your Honda Odyssey replacement cost is $8,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled, you would only receive $7,000 after you pay the deductible. If premium cost is more than $700 a year for comprehensive and collision coverage, then it's probably a good time to buy liability coverage only.

There are some situations where dropping full coverage is not a good idea. If you still owe money on your vehicle, you have to keep full coverage in order to satisfy the requirements of the loan. Also, if your savings is not enough to buy a different vehicle in the event your current vehicle is totaled, you should keep full coverage on your policy.

Insurance policy discounts for Honda Odyssey insurance in Sacramento

Not too many consumers would say insurance is affordable, but you might already qualify for some discounts to help bring down the price. Some discounts will apply at the time you complete a quote, but some must be requested specifically prior to getting the savings.

• Bundle and Save - If you combine your auto and home policies with one insurance company you may earn 10% to 20% off each policy.
• New Car Discount - Buying a new car instead of a used Odyssey may earn a small discount since new model year vehicles are generally safer.
• Air Bags and Passive Restraints - Vehicles equipped with air bags or motorized seat belts could see savings of 20% or more.
• Senior Citizen Discount - If you qualify as a senior citizen, you could receive better insurance rates.
• Multi-line Discount - Not all insurance companies offer life insurance, but some may give you a break if you buy a life policy as well.
• First Accident Forgiveness - Not a discount per se, but companies like Progressive, Allstate, and Liberty Mutual may permit one accident before raising your premiums as long as you don't have any claims for a particular time prior to the accident.
• Online Discount - Some insurance companies will discount your bill up to fifty bucks simply for signing digitally online.
• Drive Safe and Save - Drivers who don't get into accidents can save up to 40% or more on their Sacramento auto insurance quote compared to accident prone drivers.

Just know that some of the credits will not apply to the whole policy. Most only apply to individual premiums such as medical payments or collision. Despite the fact that it seems like having all the discounts means you get insurance for free, it doesn't quite work that way.

The example below shows the difference between Honda Odyssey car insurance costs with and without discounts applied to the policy rates. The price estimates are based on a male driver, no accidents or driving violations, California state minimum liability limits, full physical damage coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, claim-free, multi-policy, marriage, homeowner, and safe-driver discounts applied.

Companies and a summarized list of policyholder discounts are detailed below.

• GEICO offers discounts including membership and employees, federal employee, emergency military deployment, driver training, and anti-theft.
• Travelers discounts include continuous insurance, early quote, driver training, new car, hybrid/electric vehicle, and multi-car.
• Farm Bureau includes discounts for good student, renewal discount, youthful driver, multi-policy, 55 and retired, and safe driver.
• Liberty Mutual may offer discounts for new graduate, exclusive group savings, safety features, preferred payment discount, new vehicle discount, and hybrid vehicle.
• American Family may include discounts for good student, early bird, multi-vehicle, accident-free, and TimeAway discount.
• Progressive may have discounts that include multi-policy, online signing, online quote discount, good student, continuous coverage, multi-vehicle, and homeowner.

When quoting, ask each company or agent what discounts are available to you. Some credits may not be available in Sacramento.

Insurance can be complex

When it comes to choosing insurance from an agent or online, there is no "perfect" insurance plan. Your needs are unique to you.

For instance, these questions can help discover whether or not you would benefit from professional advice.

• Is my custom paint covered by insurance?
• Do I need rental car coverage?
• Why are teen drivers so expensive to add on to my policy?
• Can I afford to buy a different vehicle if my Honda Odyssey is totaled?
• Why am I be forced to buy a membership to get insurance from some companies?
• Is coverage enough to protect my assets?
• Does my insurance cover damage caused when ticketed for reckless driving?
• Do I need to call my car insurance company before buying a new car?
• What is high-risk coverage and where do I buy it?

If you're not sure about those questions but you think they might apply to your situation, you might consider talking to a licensed insurance agent. To find lower rates from a local agent, fill out this quick form.

Auto insurance company ratings

Finding the best car insurance company can be a challenge considering how many companies there are in Sacramento. The company rank data in the lists below could help you analyze which auto insurers you want to consider purchasing from.

Top 10 Sacramento Car Insurance Companies Overall

1. USAA
2. American Family
3. AAA of Southern California
4. State Farm
5. The Hartford
6. AAA Insurance
7. GEICO
8. The General
9. Titan Insurance
10. Progressive