How long have you put off shopping around for more competitive Honda Fit insurance in Philadelphia? I doubt anyone looks forward to paying premiums for insurance, especially when they know they could find better prices if they shop around.
A recent NerdWallet.com study revealed that nearly 70% of customers have bought insurance from the same company for well over three years, and about 40% of consumers have never shopped around. Many consumers in Pennsylvania can save hundreds of dollars each year just by getting comparison quotes, but they think it’s difficult to find lower-cost insurance rates. Insurance companies such as State Farm and GEICO all claim big savings, bombarding you with ad campaigns and consumers find it hard to ignore the flying pigs and cute green geckos and effectively compare rates to find the best deal.
The quickest method we recommend to compare rates for Honda Fit insurance in Philadelphia is to understand most of the bigger providers provide online access to compare their rates. All you need to do is take a few minutes to give details like the make and model of your vehicles, coverage limits, whether your vehicle is owned or leased, and how much education you have. Your information is then sent to many highly-rated insurers and you will get price comparisons quickly.
To find lower cheap Honda Fit insurance rates now, click here and find out if you can get cheaper insurance in Philadelphia.
The companies in the list below have been selected to offer comparison quotes in Philadelphia, PA. If the list has multiple companies, it’s a good idea that you visit several of them to get the best price comparison.
Why do I need car insurance?
Despite the high cost of buying insurance for a Honda Fit in Philadelphia, insurance is not optional due to several reasons.
- Just about all states have minimum liability requirements which means it is punishable by state law to not carry a specific level of liability insurance coverage if you want to drive legally. In Pennsylvania 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 took out a loan on your Honda Fit, more than likely the lender will have a requirement that you have physical damage coverage to ensure they get paid if you total the vehicle. If coverage lapses or is canceled, the bank will be required to insure your Honda at an extremely high rate and require you to fork over the higher premium.
- Insurance protects both your Honda and your assets. It will also cover most medical and hospital costs incurred in an accident. Liability coverage will also pay attorney fees if you are sued as the result of an accident. If your Honda gets damaged, comprehensive (other-than-collision) and collision coverage will pay to have it repaired.
The benefits of insuring your Fit greatly outweigh the cost, especially for larger claims. As of last year, the average driver in Pennsylvania is currently overpaying as much as $820 a year so compare quotes from several companies at every policy renewal to save money.
Car insurance statistics and figures
The premium information shown next covers a range of insurance rates for Honda Fit models. Being able to understand how insurance prices are established can aid in making informed decisions.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Fit Sport VSA||$236||$408||$284||$16||$86||$1,030||$86|
|Get Your Own Customized Quote Go|
Price data assumes single male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Pennsylvania minimum liability limits. Discounts applied include multi-vehicle, safe-driver, claim-free, homeowner, and multi-policy. Premium amounts do not factor in Philadelphia location which can lower or raise premium rates greatly.
Drive safe and save
The illustration below illustrates how traffic citations and accidents can drive up Honda Fit auto insurance rates for each age group. The costs are based on a married female driver, comp and collision included, $100 deductibles, and no discounts are factored in.
Save with these price cutting discounts
Some insurance providers don’t necessarily list every policy discount in a way that’s easy to find, so the below list has a few of the more well known and also the more inconspicuous credits available to bring down your rates.
- Sign Online – Some of the larger companies will give you a small discount simply for signing online.
- Federal Government Employee – Active or former government employment could qualify for a slight premium decrease with select insurance companies.
- Student in College – Kids who live away from home at college and do not take a car to college may qualify for this discount.
- Accident Waiver – Not necessarily a discount, but companies like Allstate, State Farm and GEICO will let one accident slide without getting socked with a rate hike if your claims history is clear prior to being involved in the accident.
- Military Deployment Discount – Having an actively deployed family member can result in better rates.
- Own a Home – Just owning your own home can get you a discount because it is proof of financial responsibility.
- Passive Restraints – Vehicles equipped with air bags or motorized seat belts may get savings of 25 to 30%.
Remember that most discount credits are not given to all coverage premiums. A few only apply to the cost of specific coverages such as medical payments or collision. Even though the math looks like all those discounts means the company will pay you, insurance companies wouldn’t stay in business.
The example below visualizes the comparison of Honda Fit auto insurance costs with and without discounts applied to the premium. The information is based on a female driver, no accidents or driving violations, Pennsylvania state minimum liability limits, full physical damage coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, multi-policy, marriage, homeowner, claim-free, and multi-car discounts applied.
The best insurance companies and some of the discounts can be found below.
- Progressive may offer discounts for continuous coverage, online signing, multi-policy, online quote discount, homeowner, and good student.
- MetLife has discounts for good driver, good student, accident-free, claim-free, defensive driver, multi-policy
- Mercury Insurance may have discounts that include accident-free, type of vehicle, professional/association, anti-theft, and annual mileage.
- Nationwide policyholders can earn discounts including good student, multi-policy, anti-theft, business or organization, family plan, and defensive driving.
- GEICO may include discounts for multi-policy, federal employee, driver training, membership and employees, daytime running lights, multi-vehicle, and seat belt use.
- AAA has savings for multi-car, anti-theft, education and occupation, good student, good driver, multi-policy, and AAA membership discount.
When comparing rates, check with all the companies to apply every possible discount. Depending on the company, some discounts may not apply to policies in Philadelphia. To find insurance companies with the best Honda Fit insurance discounts in Philadelphia, click here to view.
Buying auto insurance from Philadelphia car insurance agents
Certain consumers would prefer to have an agent’s advice and doing so can bring peace of mind Professional agents can make sure you are properly covered and will help you if you have claims. A nice benefit of getting free rate quotes online is the fact that you can find the lowest rates and still have a local agent. Putting coverage with neighborhood agents is important especially in Philadelphia.
Once you complete this form (opens in new window), your insurance coverage information is submitted to insurance agents in Philadelphia who will return price quotes for your insurance coverage. There is no reason to leave your house since rate quotes are delivered directly to you. If you wish to get a price quote from a specific company, just search and find their rate quote page and complete a quote there.
If you want to use a local agent, it can be helpful to understand the different agency structures and how they operate. Auto insurance agents can be categorized as either independent or exclusive depending on the company they work for. Either type can handle auto insurance, but it’s important to point out how they differ since it could factor into which agent you choose.
Independent agencies are not limited to a single company and that is an advantage because they can write policies through many companies and find the cheapest auto insurance rates. To move your coverage to a new company, an independent agent can move your coverage and that require little work on your part. If you need lower rates, we recommend you include price quotes from a few independent agents to have the most options to choose from.
Below are Philadelphia independent insurance agents who may be able to give you comparison quotes.
Exclusive Insurance Agents
Agents in the exclusive channel can only place business with one company and some examples include AAA, Allstate, State Farm, or Farmers Insurance. Exclusive agents cannot compare rates from other companies so always compare other rates. Exclusive agencies receive extensive training in insurance sales which helps them sell on service rather than price.
Below is a list of exclusive insurance agents in Philadelphia that are able to give price quotes.
Finding a good car insurance agent should depend on more than just the premium amount. Before buying a policy in Philadelphia, get answers to these questions.
- Will they take your side in the event of a claim?
- Do the agents have professional certifications like CPCU or CIC?
- Can glass repairs be made at your home?
- Will a damage claim use OEM or aftermarket replacement parts?
- What insurance company do they write the most business with?
- How much will you save each year by using a higher deductible?
- Are they actively involved in the community?
Once you have received good answers and low cost Honda Fit insurance quotes, it’s possible that you found an insurance agent that meets the criteria to properly service your auto insurance policy.
Auto insurance can get complicated
When selecting adequate coverage for your vehicles, there really is not a one-size-fits-all type of policy. Your needs are not the same as everyone else’s and your auto insurance should be unique as well.
These are some specific questions may help you determine if you might need an agent’s assistance.
- Exactly who is provided coverage by my policy?
- Am I covered if I back into my garage door?
- Will I lose any money if I cancel my policy before it expires?
- Is extra glass coverage worth it?
- What is the rate difference between pleasure use and commuting?
- Does every company file a SR-22 automatically?
- Which is better, split liability limits or combined limits?
- How can I get high-risk coverage after a DUI?
- Why am I required to buy high-risk coverage?
- How much liability do I need to cover my assets?
If you can’t answer these questions but you know they apply to you, then you may want to think about talking to a licensed insurance agent. If you don’t have a local agent, take a second and complete this form or you can go here for a list of companies in your area. It is quick, free and can provide invaluable advice.
A conclusion for your insurance search
Lower-priced Honda Fit insurance in Philadelphia can be found from both online companies in addition to many Philadelphia insurance agents, and you should compare price quotes from both to have the best chance of lowering rates. Some companies may not have internet price quotes and many times these regional carriers only sell coverage through independent insurance agencies.
You just learned some good ideas how you can get a better price on Honda Fit insurance in Philadelphia. The key thing to remember is the more you quote Philadelphia auto insurance, the better your comparison will be. You may even discover the most savings is with a small local company. Smaller companies may have significantly lower car insurance rates on certain market segments than the large multi-state companies such as Allstate, GEICO and Progressive.
Much more information about insurance in Pennsylvania is available below:
- Child Safety Seats (Insurance Information Institute)
- What Car Insurance is Cheapest for Immigrants in Philadelphia? (FAQ)
- How Much are Philadelphia Car Insurance Rates for a Ford Escape? (FAQ)
- How Much are Car Insurance Rates for Teenagers in Philadelphia? (FAQ)
- Who Has the Cheapest Philadelphia Auto Insurance Quotes for High Risk Drivers? (FAQ)
- Auto Insurance FAQ (Farmers Insurance)
- Should I Buy a New or Used Car? (Allstate)
- Get the Right Protection (InsureUonline.org)
- Prom Night Tips for Teen Drivers (State Farm)