Car Insurance Quotes for a Honda Pilot in Louisville

Insurance for Honda PilotWould you like to save money by finding cheaper Honda Pilot insurance in Louisville? Shopping for cheaper Louisville Honda Pilot insurance quotes on the web may be somewhat intimidating for people who are beginners to quoting and online price comparisons. When there are so many online companies available, how can anyone efficiently compare all the different companies and get cheaper auto insurance prices?

How to buy discount Honda Pilot insurance in Louisville

If you want to save money, the best way to find affordable Honda Pilot insurance is to start comparing prices regularly from companies who sell auto insurance in Louisville.

One key aspect when comparing rates is that you’ll want to compare similar coverage information on every price quote and and to look at as many different insurance providers as possible. Doing this guarantees a fair rate comparison and the best price selection.

It’s an obvious assumption that auto insurance companies don’t want customers comparing rates. Consumers who shop around annually are very likely to buy a new policy because of the good chance of finding a lower-priced policy. A recent auto insurance study discovered that people who regularly compared price quotes saved on average $860 a year compared to those who never shopped for cheaper rates.

If finding the best price on insurance is your objective, then learning a little about the best ways to shop for coverages can help simplify the task of finding more affordable coverage.

Locating the best rates in Louisville is not that difficult as long as you know where to start. In a nutshell, anyone who needs cheaper auto insurance should buy a cheaper policy. Although Kentucky consumers must understand how companies market on the web and use it to find better rates.

How Insurance Providers Determine Honda Pilot Insurance Costs

One of the most helpful ways to save on car insurance is to to have a grasp of some of the elements that aid in calculating the rates you pay for car insurance. When you understand what influences your rates, this allows you to make educated decisions that may reward you with better car insurance rates.

The following are some of the things utilized by car insurance companies to help set your premiums.

Can a thief steal your car? – Purchasing a vehicle with anti-theft technology or alarm system can help lower your rates. Theft prevention features such as OnStar, LoJack tracking, and tamper alarms all help stop your vehicle from being stolen.

Teen drivers cost more – Older people are more responsible, statistically cause fewer accidents, and get fewer tickets. Teen drivers are statistically proven to be inattentive when at the wheel of a vehicle so car insurance rates are higher.

The data below is based on a single driver, full coverage with $1000 deductibles, and no discounts or violations.

Compare rates if you consolidate your policies – Some companies will give a discount to people that have more than one policy in the form of a multi-policy discount. Even with this discount applied, it’s in your best interest to compare Honda Pilot rates in Louisville to make sure you are getting the best deal.

Cars with good safety ratings cost less to insure – Safer cars tend to have better insurance rates. Safer cars protect occupants better and any reduction in injury severity means lower claim amounts and lower rates for you.

Responsible drivers pay lower premiums – Being a careful driver has a huge affect on how much you pay. Having just one chargeable violation could increase your next policy renewal substantially. Drivers with clean records receive lower rates as compared to careless drivers. People who have multiple citations such as DWI, reckless driving or hit and run convictions may find that they have to to submit a SR-22 or proof of financial responsibility with their state motor vehicle department in order to legally drive.

The information below highlights how traffic violations and at-fault accidents influence Honda Pilot yearly insurance costs for different age categories. Data assumes a married male driver, full physical damage coverage, $100 deductibles, and no discounts are applied to the premium.

Annual mileage impacts prices – Driving a lot of miles in a year’s time the more it will cost to insure it. A lot of companies rate vehicles determined by how the vehicle is used. Vehicles left parked in the garage cost less to insure than vehicles that have high annual mileage. An improperly rated Pilot is just wasting money. Make sure your policy states the correct usage.

Get cheaper prices if you’re married – Your spouse may save some money on car insurance. Having a significant other generally demonstrates drivers are more mature and responsible and statistics prove being married results in fewer claims.

Raise coverage deductibles and save – The deductibles define the amount the insured will be required to pay if the claim is covered. Physical damage protection, commonly called comprehensive (or other-than-collision) and collision coverage, covers damage that occurs to your car. Examples of covered claims would be a windshield broken by a bird, damage from fire, or theft of your vehicle. The more expense you’re willing to pay, the bigger discount you will receive.

Loss statistics for a Honda Pilot – Auto insurance companies use data from past claims to calculate a rate that will offset losses. Vehicles that the data shows to have higher losses will have higher rates for specific coverages.

The next table shows the historical insurance loss data for Honda Pilot vehicles. For each policy coverage type, the loss probability for all vehicles, without regard to make or model, is equal to 100. Numbers under 100 represent a good loss history, while values over 100 indicate frequent claims or an increased chance of a larger loss.

Honda Pilot Insurance Loss Statistics
Specific Honda Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Honda Pilot 4dr 2WD 70 96 69 82 82 86
Honda Pilot 4dr 4WD 79 105 81 88 74 82

Statistics from for 2013-2015 Model Years

The quickest way to compare insurance rates from multiple companies is to know most larger insurance companies allow for online access to give rate comparisons. The one thing you need to do is provide information including which vehicles you own, your education level, any included safety features, and your occupation. Your rating data gets sent immediately to multiple car insurance providers and you will receive price estimates almost instantly.

To compare cheaper Honda Pilot insurance rates now, click here then complete the form.

The auto insurance companies shown below offer comparison quotes in Kentucky. To find cheap car insurance in Kentucky, it’s highly recommended you get rate quotes from several of them in order to find the cheapest rates.

Honda Pilot insurance statistics and information

The table shown next highlights detailed analysis of coverage prices for Honda Pilot models. Being more informed about how insurance policy premiums are calculated can help customers make smart choices when comparing insurance rates.

Honda Pilot Insurance Rates in Louisville, KY
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Pilot LX 2WD $158 $234 $306 $18 $92 $808 $67
Pilot EX 2WD $178 $234 $306 $18 $92 $828 $69
Pilot EX 4WD $178 $234 $306 $18 $92 $828 $69
Pilot EX-L 2WD $178 $284 $306 $18 $92 $878 $73
Pilot EX-L 4WD $178 $284 $306 $18 $92 $878 $73
Pilot Touring 2WD $178 $284 $306 $18 $92 $878 $73
Pilot Touring 4WD $178 $284 $306 $18 $92 $878 $73
Get Your Own Custom Quote Go

Above prices assume married female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Kentucky minimum liability limits. Discounts applied include safe-driver, multi-vehicle, multi-policy, claim-free, and homeowner. Price information does not factor in specific location information which can raise or lower coverage rates substantially.

Auto insurance deductibles

A question often asked by Louisville drivers is which deductibles should you choose. The rates below determine the differences in premium rates between high and low coverage deductibles. The first pricing table uses a $100 comprehensive and collision deductible and the second data table uses a $500 deductible.

Honda Pilot insurance policy rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Pilot LX 2WD $280 $418 $326 $20 $98 $1,167 $97
Pilot EX 2WD $318 $418 $326 $20 $98 $1,205 $100
Pilot EX 4WD $318 $418 $326 $20 $98 $1,205 $100
Pilot EX-L 2WD $318 $508 $326 $20 $98 $1,295 $108
Pilot EX-L 4WD $318 $508 $326 $20 $98 $1,295 $108
Pilot Touring 2WD $318 $508 $326 $20 $98 $1,295 $108
Pilot Touring 4WD $318 $508 $326 $20 $98 $1,295 $108
Get Your Own Custom Quote Go

Honda Pilot insurance policy rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Pilot LX 2WD $206 $282 $326 $20 $98 $932 $78
Pilot EX 2WD $232 $282 $326 $20 $98 $958 $80
Pilot EX 4WD $232 $282 $326 $20 $98 $958 $80
Pilot EX-L 2WD $232 $342 $326 $20 $98 $1,018 $85
Pilot EX-L 4WD $232 $342 $326 $20 $98 $1,018 $85
Pilot Touring 2WD $232 $342 $326 $20 $98 $1,018 $85
Pilot Touring 4WD $232 $342 $326 $20 $98 $1,018 $85
Get Your Own Custom Quote Go

Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, and Kentucky minimum liability limits. Discounts applied include safe-driver, multi-vehicle, homeowner, claim-free, and multi-policy. Prices do not factor in specific garaging location which can raise or lower insurance rates substantially.

Based on the above data, using a $100 deductible would cost the average driver about $21 more each month or $252 annually than choosing the higher $500 deductible. Because you would be required to pay $400 more out of your own pocket with a $500 deductible as compared to a $100 deductible, if you go more than 19 months between claim filings, you would most likely save money if you opt for a higher deductible.

How to calculate if higher deductibles make sense

Average monthly premium for $100 deductibles: $104
Average monthly premium for $500 deductibles (subtract): – $83
Monthly savings from raising deductible: $21
Difference between deductibles ($500 – $100): $400
Divide difference by monthly savings: $400 / $21
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 19 months

One important issue to know is that a higher deductible level results in more money out-of-pocket when you do file a claim. You should have a higher level of savings in the event you have to pay the higher deductible.

It may be expensive, but it’s not optional

Despite the high insurance cost for a Honda Pilot in Louisville, auto insurance serves an important purpose.

First, almost all states have mandatory insurance requirements which means state laws require a specific minimum amount of liability insurance coverage in order to be legal. In Kentucky 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.

Second, if you have a lien on your Pilot, most lenders will require that you have comprehensive coverage to guarantee loan repayment. If you do not keep the policy in force, the bank will be required to insure your Honda for a lot more money and force you to pay for it.

Third, insurance safeguards your Honda Pilot and your assets. It also can pay for hospital and medical expenses for you, any passengers, and anyone injured in an accident. Liability coverage, the one required by state law, will also pay for a defense attorney if anyone sues you for causing an accident. If you have damage to your Honda as the result of the weather or an accident, your policy will pay all costs to repair after the deductible has been paid.

The benefits of insuring your Pilot outweigh the cost, particularly for liability claims. In a recent study of 1,000 drivers, the average customer overpays as much as $865 each year so you should quote and compare rates every year to save money.

Get cheaper rates by receiving discounts

Insuring your vehicles can cost a lot, but there may be some discounts that can drop the cost substantially. Certain credits will be shown when you purchase, but a few must be specially asked for prior to getting the savings.Cheaper insurance with discounts

Discounts reduce rates, but you should keep in mind that most credits do not apply to the whole policy. The majority will only reduce the price of certain insurance coverages like liability and collision coverage. Despite the fact that it seems like all the discounts add up to a free policy, it’s just not the way it works.

The example below illustrates the difference between Honda Pilot car insurance costs with and without discounts applied. The costs are based on a female driver, a clean driving record, no at-fault accidents, Kentucky 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, claim-free, homeowner, and safe-driver discounts applied.

A few popular companies and a partial list of their discounts are shown below.

If you need inexpensive Louisville car insurance quotes, ask all the companies the best way to save money. Some discounts listed above may not be available in every state. For a list of companies offering insurance discounts in Louisville, click here to view.

Should I talk to an insurance agency?

A small number of people still like to buy from a local agent and that is a personal choice. The biggest benefit of comparing rates online is you can get cheap car insurance quotes but still work with a licensed agent.

Louisville insurance agentsAfter completing this quick form, your insurance coverage information is instantly submitted to local insurance agents in Louisville who will give you quotes for your car insurance coverage. It simplifies rate comparisons since you won’t have to contact any agents due to the fact that quote results will go directly to you. It’s the lowest rates and an insurance agent to talk to. In the event you want to quote rates from a specific company, you just need to go to their quote page to submit a rate quote request.

Deciding on an provider needs to be determined by more than just a low price. Get answers to these questions too.

If you want to use a reputable agency, you must know there are a couple different agency structures and how they are distinctly different. Car insurance agents in Louisville can be categorized as either exclusive agents or independent agents.

Exclusive Car Insurance Agents

Exclusive agencies are contracted to one company like State Farm, Allstate and AAA. Exclusive agents are unable to provide other company’s prices so always compare other rates. These agents are well schooled on the products they sell which helps them compete with independent agents. Consumers frequently buy insurance from these agents mainly due to high brand loyalty and the convenience of having a single billing for all their coverages.

The following are exclusive agents in Louisville who may provide you with rate quotes.

More Louisville agents

Independent Insurance Agents

Independent agents often have many company appointments so as a result can place your coverage with multiple insurance companies and find you the best rates. If they quote lower rates, they simply switch companies in-house which makes it simple for you. When comparing car insurance prices, you will want to get insurance quotes from independent agents to have the best price comparison. Most have the option of insuring with smaller regional carriers that many times have cheaper rates.

Listed below is a short list of independent insurance agents in Louisville willing to provide price quotes.

More Louisville agents

The most affordable rates come from being thorough

There are still a few companies who may not provide rate quotes online and many times these small insurance companies work with independent insurance agents. Lower-priced Honda Pilot insurance in Louisville can be sourced both online and from local agencies, and you should be comparing both in order to have the best price selection to choose from.

As you quote Louisville car insurance, don’t be tempted to reduce coverage to reduce premium. There have been many situations where an insured cut full coverage and discovered at claim time that it was a big error on their part. Your objective should be to find the BEST coverage at a price you can afford, but do not sacrifice coverage to save money.

Consumers change insurance companies for any number of reasons including poor customer service, delays in paying claims, extreme rates for teen drivers or denial of a claim. Whatever your reason, finding a great new company is pretty simple and you could end up saving a buck or two.

Steps to finding lower priced Honda Pilot insurance in Louisville

The preferred way to find low-cost Honda Pilot insurance in Louisville is to compare quotes annually from providers who sell auto insurance in Kentucky.

  1. Spend some time learning about car insurance and the things you can control to keep rates down. Many policy risk factors that cause high rates such as traffic violations and a bad credit score can be controlled by making lifestyle changes or driving safer.
  2. Compare rates from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can only give prices from one company like Progressive or Allstate, while agents who are independent can quote rates from multiple insurance companies. View prices
  3. Compare the new rate quotes to your current policy to see if cheaper Pilot coverage is available. If you find a lower rate quote and make a switch, ensure there is no coverage lapse between policies.
  4. Notify your agent or company of your intent to cancel your existing policy and submit the required down payment along with the signed application for your new policy. Make sure you place your new certificate verifying coverage above your visor, in the console, or in the glove compartment.

One bit of advice is to try to compare identical coverages on every quote request and and to get prices from every insurance company. Doing this provides the most accurate price comparison and a complete selection of prices.

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