Honda Fit insurance image courtesy of QuoteInspector.com
We don't have to tell you that auto insurance companies don't want you comparing rates. Insureds who shop around once a year are very likely to switch auto insurance companies because they stand a good chance of finding better rates. A recent survey revealed that drivers who compared prices regularly saved about $3,450 over four years compared to other drivers who didn't regularly shop around.
If finding the best rates on insurance in Chula Vista is the reason you're here, knowing the best way to compare auto insurance can make it easier for you to save money.
If you want to save money, the best way to find better pricing on Honda Fit insurance is to begin comparing prices regularly from different companies who sell insurance in Chula Vista.
- First, take a little time to learn about how car insurance works and the steps you can take to drop your rates. Many policy risk factors that result in higher rates like traffic citations and an unacceptable credit history can be controlled by improving your driving habits or financial responsibility. Later in this article we will cover additional ideas to get affordable coverage and get discounts that may be overlooked.
- Second, request rate estimates from exclusive agents, independent agents, and direct providers. Direct and exclusive agents can only give prices from one company like GEICO and State Farm, while agents who are independent can quote rates for many different companies. View rates
- Third, compare the new quotes to your current policy premium to see if you can save by switching companies. If you can save some money and change companies, make sure the effective date of the new policy is the same as the expiration date of the old one.
- Fourth, notify your agent or company to cancel the current policy and submit a down payment along with a completed application to your new agent or company. Immediately upon receiving it, put the certificate of insurance with your vehicle's registration.
One thing to point out is that you'll want to make sure you compare similar deductibles and liability limits on every quote request and and to look at as many carriers as you can. This guarantees a fair rate comparison and a complete rate analysis.
When shopping for Honda Fit insurance in Chula Vista there are multiple ways of comparing rates from insurance companies in your area. The recommended way to find affordable insurance rates is to use the internet to compare rates. Keep in mind that comparing more quotes helps improve the odds of finding more affordable rates.
The companies shown below offer price quotes in Chula Vista, CA. To buy the cheapest car insurance in CA, we recommend you compare several of them in order to find the most affordable rates.
Get affordable Honda Fit insurance in Chula Vista with discounts
Insuring your vehicles can cost a lot, but companies offer discounts that can drop the cost substantially. Some of these discounts will be visible when you purchase, but lesser-known reductions have to be requested specifically before they will apply.
- Senior Discount - Drivers over the age of 55 can possibly qualify for a small discount on rates.
- Life Insurance Discount - Select insurance carriers reward you with a small discount if you purchase a life policy as well.
- Passive Restraint Discount - Vehicles with factory air bags and/or automatic seat belt systems may earn rate discounts as much as 30%.
- Use Seat Belts - Drivers who always wear seat belts and also require passengers to use a seat belt can save a little on the medical payments or PIP coverage costs.
- Accident Forgiveness Coverage - Not really a discount, but some companies like State Farm and GEICO will turn a blind eye to one accident without getting socked with a rate hike as long as you don't have any claims for a particular time prior to the accident.
You should keep in mind that most credits do not apply to the entire policy premium. Most cut individual premiums such as comp or med pay. Even though the math looks like adding up those discounts means a free policy, auto insurance companies aren't that generous. Any qualifying discounts should definitely cut your premiums.
The diagram below visualizes the comparison of Honda Fit premium costs with and without discounts applied to the policy rates. The data is based on a female driver, no claims or violations, California state minimum liability limits, comprehensive and collision coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, homeowner, claim-free, multi-policy, safe-driver, and marriage discounts applied.
Large auto insurance companies and a partial list of their discounts are outlined below.
- State Farm has discounts for Steer Clear safe driver discount, defensive driving training, student away at school, anti-theft, good student, passive restraint, and driver's education.
- Nationwide discounts include accident-free, good student, easy pay, multi-policy, and defensive driving.
- GEICO policyholders can earn discounts including multi-vehicle, air bags, driver training, multi-policy, defensive driver, and emergency military deployment.
- AAA may have discounts that include AAA membership discount, anti-theft, multi-car, pay-in-full, education and occupation, and good student.
- 21st Century offers discounts for good student, theft prevention, anti-lock brakes, air bags, and defensive driver.
- The Hartford may include discounts for anti-theft, bundle, vehicle fuel type, defensive driver, good student, air bag, and driver training.
When comparing rates, check with all companies you are considering to give you their best rates. Some of the discounts discussed earlier may not be offered in your state.
Car insurance statistics and figures
The information shown below covers estimates of insurance premium costs for Honda Fit models. Having knowledge of how insurance policy rates are calculated can benefit drivers when making smart choices when selecting a policy.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Fit Sport VSA||$266||$576||$280||$16||$84||$1,222||$102|
|Get Your Own Custom Quote Go|
Prices above based on married male driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and California minimum liability limits. Discounts applied include safe-driver, claim-free, multi-policy, homeowner, and multi-vehicle. Table data does not factor in specific zip code location which can affect coverage prices significantly.
The information below demonstrates how deductibles and can influence Honda Fit insurance rates for different age groups of insureds. The data is based on a married female driver, full physical damage coverage, and no other discounts are factored in.
Gender-based car insurance premiums
The chart below shows the difference between Honda Fit premium costs for male and female drivers. The rates are based on no claims or driving citations, full coverage, $100 deductibles, drivers are not married, and no discounts are applied.
How Insurance Providers Calculate Honda Fit Insurance Prices
The best way to find cheaper auto insurance is to take a look at some of the factors that are used to determine the level of your policy premiums. If you have a feel for what influences your rates, this empowers consumers to make smart changes that could help you find better auto insurance rates.
Getting married is a bonus - Getting married can actually save you money on your auto insurance bill. Having a significant other translates into being more mature and responsible and insurance companies reward insureds because drivers who are married are more cautious.
Drive less and get lower rates - The more you drive your Honda annually the higher the price you pay to insure it. A lot of companies charge rates based on their usage. Cars and trucks used primarily for pleasure use qualify for better rates compared to those used for work or business. An improperly rated Fit can result in significantly higher rates. Ask your agent if your declarations sheet is rated on the correct usage.
Youthful drivers cost more - Drivers with little experience are statistically shown to be easily distracted with other occupants in the car and because of this, their auto insurance rates are much higher. More experienced drivers are more responsible, cost insurance companies less in claims, and tend to be get fewer driving tickets.
The data below uses these variables: single driver, full coverage with $250 deductibles, and no discounts or violations.
Deter vehicle theft - Purchasing a vehicle that has a built-in theft deterrent system can help bring down rates. Theft prevention devices such as LoJack tracking devices, vehicle tamper alarm systems or GM's OnStar system all hinder car theft.
Maintain auto insurance coverage - Not having insurance is not a good idea and your next policy will cost more because you let your insurance lapse for non-payment. Not only will you pay higher rates, not being able to provide proof of insurance might get you fines and jail time.
Honda Fit claim statistics - Insurers include the past claim history for a vehicle to calculate a rate that will offset any claims. Models that the data shows to have a trend towards higher claim severity or frequency will have higher premium rates. The table below demonstrates the collected loss data for Honda Fit vehicles.
For each policy coverage type, the loss probability for all vehicles, as a total average, is considered to be 100. Numbers that are below 100 indicate better than average losses, while values that are 100 or greater indicate frequent claims or tendency to have higher losses.
|Specific Honda Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years