Scraping up a payment for pricey Honda Element insurance in Kansas City can eat up your checking account and make it impossible to make ends meet. Doing a rate analysis can save money and help to lower your monthly bill.
It’s well known that auto insurance companies want to keep your business as long as possible. Drivers who get price quotes annually will, in all likelihood, move their business because there is a high probability of getting low-cost coverage. Surprisingly, a recent survey revealed that people who regularly shopped around saved an average of $865 annually compared to drivers who never shopped for cheaper rates.
If finding the best rates on Honda Element insurance is your goal, then having a good understanding the best ways to find and compare insurance premiums can help simplify the process.
Steps to buying lower priced Honda Element insurance in Kansas City
The best way we recommend to save money on auto insurance rates is to begin comparing prices regularly from insurers that sell auto insurance in Kansas City.
First, read about what is in your policy and the measures you can take to prevent high rates. Many rating criteria that are responsible for high rates like speeding tickets, accidents and a substandard credit score can be remedied by making minor changes in your lifestyle. Read the full article for tips to prevent expensive rate increases and get discounts that may be available to you.
Second, request rate estimates from independent agents, exclusive agents, and direct companies. Direct companies and exclusive agencies can only give rate quotes from one company like GEICO or Farmers Insurance, while independent agencies can provide rate quotes from multiple insurance companies.
Third, compare the price quotes to your existing policy and determine if cheaper Element coverage is available in Kansas City. If you find better rates and decide to switch, make sure coverage does not lapse between policies.
A good piece of advice is to make sure you enter the same amount of coverage on each price quote and and to get rates from as many carriers as you can. This provides an accurate price comparison and a complete rate analysis.
Due to the large number of choices for buying cheap insurance for a Honda Element in Kansas City, it is hard for the average consumer to pick the most cost effective auto insurance company.
Our goal in writing this article let you in on how car insurance works and also pocket some savings If you have a current insurance policy, you will most likely be able to reduce the price you pay using this strategy. Nevertheless, Missouri drivers must learn how companies determine prices and take advantage of how the system works.
Buy Kansas City Honda Element insurance online
All major auto insurance companies make it easy to get coverage price quotes online. Comparing Honda Element insurance rates online doesn’t take a lot of time as all you need to do is type in the amount of coverage you want into the quote form. When complete, their system will order your driving record and credit report and returns a price determined by many factors. The ability to get online price quotes for Honda Element insurance in Kansas City simplifies rate comparisons, and it’s absolutely necessary to do this in order to find cheaper prices.
In order to compare pricing, visit the companies below or click here to submit a quote request to multiple companies at once. If you currently have coverage, we recommend you type in the insurance coverages as close as possible to your current policy. This guarantees you will have a rate comparison based on the exact same insurance coverage.
The following companies can provide free rate quotes in Kansas City, MO. To buy the best auto insurance in Kansas City, MO, we suggest you compare several of them in order to find the cheapest rates.
Auto insurance protects more than just your car
Despite the fact that auto insurance is not cheap in Kansas City, insuring your vehicle is not optional due to several reasons.
- Almost all states have compulsory liability insurance requirements which means state laws require specific limits of liability protection if you don’t want to risk a ticket. In Missouri these limits are 25/50/10 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
- If you have a loan on your Honda Element, it’s guaranteed your bank will force you to have comprehensive coverage to guarantee their interest in the vehicle. If you default on your policy, the bank or lender will purchase a policy for your Honda at an extremely high rate and force you to reimburse them the higher premium.
- Auto insurance preserves both your Honda Element and your personal assets. It will also cover medical expenses incurred in an accident. Liability insurance, one of your policy coverages, also covers all legal expenses up to the policy limit if someone files suit against you as the result of an accident. If damage is caused by hail or an accident, your auto insurance policy will pay to repair the damage.
The benefits of having auto insurance are definitely more than the cost, specifically if you ever have a liability claim. An average driver in America is wasting up to $825 a year so it’s very important to do a rate comparison every year to ensure rates are inline.
Insurance coverage details
The data table displayed next highlights detailed analysis of prices for Honda Element models. Having a better understanding of how insurance prices are formulated can help drivers make decisions on the best policy to buy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Element LX 2WD | $124 | $214 | $272 | $16 | $82 | $708 | $59 |
| Element LX 4WD | $124 | $214 | $272 | $16 | $82 | $708 | $59 |
| Element EX 2WD | $124 | $214 | $272 | $16 | $82 | $708 | $59 |
| Element EX 4WD | $124 | $214 | $272 | $16 | $82 | $708 | $59 |
| Element SC 2WD | $124 | $214 | $272 | $16 | $82 | $708 | $59 |
| Get Your Own Custom Quote Go | |||||||
Premium data assumes married female driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Missouri minimum liability limits. Discounts applied include multi-policy, multi-vehicle, homeowner, claim-free, and safe-driver. Information does not factor in garaging location in Kansas City which can decrease or increase rates considerably.
Physical damage deductible comparison
One of the most common auto insurance questions is at what level do you set your deductibles. The tables below show the rate difference between low and high coverage deductibles. The first pricing table uses a $250 deductible for comp and collision and the second pricing table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Element LX 2WD | $206 | $346 | $266 | $16 | $80 | $939 | $78 |
| Element LX 4WD | $206 | $346 | $266 | $16 | $80 | $939 | $78 |
| Element EX 2WD | $206 | $346 | $266 | $16 | $80 | $939 | $78 |
| Element EX 4WD | $206 | $346 | $266 | $16 | $80 | $939 | $78 |
| Element SC 2WD | $206 | $346 | $266 | $16 | $80 | $939 | $78 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Element LX 2WD | $128 | $218 | $266 | $16 | $80 | $708 | $59 |
| Element LX 4WD | $128 | $218 | $266 | $16 | $80 | $708 | $59 |
| Element EX 2WD | $128 | $218 | $266 | $16 | $80 | $708 | $59 |
| Element EX 4WD | $128 | $218 | $266 | $16 | $80 | $708 | $59 |
| Element SC 2WD | $128 | $218 | $266 | $16 | $80 | $708 | $59 |
| Get Your Own Custom Quote Go | |||||||
Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Missouri minimum liability limits. Discounts applied include homeowner, multi-policy, safe-driver, multi-vehicle, and claim-free. Table data does not factor in the specific area where the vehicle is garaged which can impact insurance rates noticeably.
Based on this data, we can arrive at the conclusion that using a $250 deductible will cost you roughly $19 more each month or $228 for a full year than requesting 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 tend to average at a minimum 39 months between claims, you would save money if you decide on a higher deductible.
The illustration below shows how choosing a deductible and can raise or lower Honda Element insurance prices for different age groups. The premium estimates are based on a married male driver, full physical damage coverage, and no discounts are applied.
Slash rates with these discounts
Some insurance providers don’t always publicize the entire discount list very well, so the following list contains some of the best known as well as some of the hidden credits available to bring down your rates.
- Discount for Multiple Policies – When you have multiple policies and insure them with the same company you could get a discount of nearly 15% which can help you find cheap Element insurance.
- Professional Memberships – Belonging to a qualifying organization is a good way to get lower rates on your next auto insurance statement.
- Cautious Drivers – Drivers without accidents can save as much as half off their rates than less cautious drivers.
- Distant Student – Youth drivers who are enrolled in a college that is more than 100 miles from Kansas City and do not have access to a covered vehicle can be insured at a reduced rate.
- Discount for Low Mileage – Fewer annual miles on your Honda could be rewarded with cheaper rates.
As is typical with insurance, most discounts do not apply to the entire cost. Most only reduce the cost of specific coverages such as liability, collision or medical payments. So when the math indicates you would end up receiving a 100% discount, it just doesn’t work that way.
The diagram below compares Honda Element car insurance rates with and without discounts being applied to the rates. The premium estimates are based on a female driver, no claims, a clean driving record, Missouri 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 marriage, claim-free, homeowner, multi-car, multi-policy, and safe-driver discounts applied.
Some of the larger companies that have some of the above discounts include:
Double check with each company or agent how many discounts you can get. Some discounts may not apply to policyholders in your area. To choose insurers that offer discounts in Missouri, click here.