Looking for lower-priced Honda Odyssey insurance in Montgomery? If you are new to online price comparisons, chances are good that you are confused due to the large number of local and online companies all claiming to save you money.
Sad but true, about 70% of customers have bought car insurance from the same company for more than four years, and just under half have never compared rate quotes at all. The average driver in Montgomery can cut their rates by as much as $500 a year just by shopping around, but they don't want to spend time to compare rates and save money.
It's a good habit to shop coverage around occasionally because car insurance rates are rarely the same from one policy term to another. Even if you got the best rate on Honda Odyssey insurance in Montgomery at your last renewal you can probably find a lower rate today. Forget anything you know (or think you know) about car insurance because we're going to demonstrate the only way to buy cheaper Honda Odyssey insurance in Montgomery.
If you are insured now, you will be able to lower your rates using these techniques. Shopping around for the best-priced insurance policy in Montgomery is not as difficult as people think. But Alabama car owners do need to know the methods companies use to market on the web and use it to your advantage.
Low-cost companies for Honda Odyssey insurance in Alabama
The companies shown below can provide price comparisons in Montgomery, AL. If multiple companies are shown, we recommend you visit two to three different companies to get a more complete price comparison.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Odyssey EX W/Rear Entertainment||$210||$354||$442||$26||$132||$1,164||$97|
|Odyssey EX-L W/Rear Entertainment||$156||$318||$344||$20||$102||$940||$78|
|Odyssey EX-L W/Navigation||$242||$418||$442||$26||$132||$1,260||$105|
|Get Your Own Custom Quote Go|
Table data assumes single male driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Alabama minimum liability limits. Discounts applied include claim-free, homeowner, safe-driver, multi-vehicle, and multi-policy. Rates do not factor in garaging location in Montgomery which can lower or raise premiums greatly.
Car insurance cost for men versus women
The information below shows the comparison of Honda Odyssey premium costs for male and female drivers. The prices are based on no accidents, no driving violations, full coverage, $500 deductibles, drivers are not married, and no discounts are factored in.
How much more does full coverage cost?
The illustration below shows the comparison of Honda Odyssey car insurance costs with full phyical damage coverage and with liability coverage only. The data assumes no claims or driving citations, $250 deductibles, single female driver, and no policy discounts are applied.
Are you wasting money paying for full coverage?
There is no definitive formula to stop paying for comprehensive and collision coverage on your policy, but there is a broad guideline. If the annual cost of coverage is more than about 10% of replacement cost minus your deductible, then you might consider buying liability only.
For example, let's assume your Honda Odyssey claim settlement value is $8,000 and you have $1,000 deductibles. If your vehicle is totaled, the most your company will settle for is $7,000 after the policy deductible has been paid. If it's costing in excess of $700 a year for physical damage coverage, the it may be a good time to stop paying for full coverage.
There are some scenarios where dropping physical damage coverage is not advised. If you still have a lienholder on your title, you have to maintain full coverage to protect the lienholder's interest. Also, if your savings is not enough to buy a different vehicle if your current one is damaged, you should not remove full coverage.
Reckless driving habits raise car insurance rates
The chart below shows how traffic citations and at-fault claims raise Honda Odyssey insurance rates for different age groups. The prices are based on a single male driver, comp and collision included, $500 deductibles, and no discounts are applied.
Companies offer lots of discounts on Honda Odyssey insurance in Montgomery
Some insurance providers do not advertise all their discounts very well, so here is a list some of the more common as well as some of the hidden ways to save on auto insurance. If you do not check that you are getting every discount you qualify for, you could be saving more on your auto insurance.
- Multiple Cars - Insuring primary and secondary vehicles with the same auto insurance company may reduce the rate for each vehicle.
- Discount for Passive Restraints - Options like air bags or motorized seat belts could see savings as much as 30%.
- Use Seat Belts - Using a seat belt and requiring all passengers to buckle up before driving can save up to 10 percent (depending on the company) off PIP or medical payments premium.
- Discount for Swiching Early - Some insurance companies provide a discount for buying a policy before your current expiration date. It can save you around 10%.
- Driver Safety - Successfully completing a course that instructs on driving safety could possibly earn you a 5% discount and make you a better driver.
- ABS Brakes - Cars, trucks, and SUVs with ABS braking systems or traction control have fewer accidents so companies give up to a 10% discount.
Drivers should understand that many deductions do not apply to all coverage premiums. Most only cut individual premiums such as liability, collision or medical payments. So even though it sounds like you can get free auto insurance, company stockholders wouldn't be very happy.
Some of the larger companies that may include these money-saving discounts possibly include:
Before purchasing a policy, check with all companies you are considering the best way to save money. Some of the earlier mentioned discounts might not be offered on policies in Montgomery.
When to get professional advice
Always remember that when buying a policy for your personal vehicles, there is no single plan that fits everyone. Your financial needs are unique.
These are some specific questions might point out whether your personal situation would benefit from an agent's advice.
- Are rock chip repairs covered?
- What is motorclub and do I need it?
- Where can I find DUI or SR-22 insurance?
- Does liability extend to a camper or trailer?
- Can I afford low physical damage deductibles?
- Should I have combined single limit or split liability limits?
- How can I get my company to pay me more for my totalled car?
- Which companies will insure high-risk drivers?
- Does insurance cover damages from a DUI accident?
- Exactly who is provided coverage by my policy?
If you can't answer these questions but one or more may apply to you, you may need to chat with a licensed insurance agent. If you don't have a local agent, take a second and complete this form.
Insurance agents near you
A small number of people would rather visit with an insurance agent and that is just fine! One of the great benefits of comparing rate quotes online is that drivers can save money and get better rates and also buy local. And supporting local insurance agents is still important in Montgomery.
After filling out this simple form, the coverage information is transmitted to insurance agents in Montgomery who want to provide quotes for your auto insurance coverage. It makes it easy because there is no need to find an agent on your own because quoted prices will be sent to you instantly. Get lower rates and an insurance agent to talk to. If you have a need to compare rates for a specific company, feel free to search and find their rate quote page to submit a rate quote request.
Choose an insurance agent wisely
If you are wanting to find a local insurance agency, there are a couple of different types of agents to choose from. Auto insurance agents in Montgomery can either be exclusive or independent agents depending on their company appointments.
Independent Auto Insurance Agents
These type of agents do not write with just one company so they can write business through many companies and possibly get better coverage at lower prices. To transfer your coverage to a different company, they simply move the coverage in-house without you having to go to a different agency.
If you need cheaper auto insurance rates, you should always include price quotes from multiple independent agents in order to compare the most rates. Most can insure with small regional insurance companies who may have lower rates.
Shown below are Montgomery independent agencies that may be able to give you pricing information.
- Alfa Insurance
4331 Atlanta Hwy - Montgomery, AL 36109 - (334) 277-5785 - View Map
- THE WHITECOTTON AGENCY- Part of Starr Insurance Group LLC
1736 W 2nd St - Montgomery, AL 36106 - (334) 356-2500 - View Map
- Alabama Municipal Insurance Corporation
110 N Ripley St - Montgomery, AL 36104 - (334) 386-3863 - View Map
Exclusive Auto Insurance Agencies
Exclusive insurance agents write business for a single company like AAA, State Farm, Farmers Insurance, and Allstate. Exclusive agencies are unable to compare rates from other companies so they have to upsell other benefits. Exclusive agents are usually well trained on sales techniques which helps them compete with independent agents. Some insured continue to buy from the same agent for years mostly because of loyalty to the company and strong financial ratings.
The following are exclusive agents in Montgomery that are able to give comparison quotes.
- Farmers Insurance - Dwayne Farrior
8125h Decker Ln, Ste 7 - Montgomery, AL 36117 - (334) 239-4400 - View Map
- Jan Carpenter - State Farm Insurance Agent
3025 Zelda Rd - Montgomery, AL 36106 - (334) 271-0575 - View Map
- John Vermillion - State Farm Insurance Agent
8319 Crossland Loop - Montgomery, AL 36117 - (334) 819-7260 - View Map
Picking the best insurance agent requires you to look at more than just a low price. Get answers to these questions too.
- Are you getting all the discounts the company offers?
- Will they make sure you get an adequate claim settlement?
- Can you get a list of referrals?
- Does the quote include credit and driving reports?
- Do they have advanced training designations such as CPCU, AAI, AIC, or CIC?
If you receive good responses to any questions you have as well as offering an affordable quote, chances are good that you have found a car insurance agent that is a good match to insure your vehicles. Just be aware that it's your policy and you can cancel a policy any time you want so don't assume you're contractually obligated to a specific company with no way out.
Auto insurance myths debunked
Respected companies like State Farm, Allstate and GEICO constantly bombard you with ads in print and on television. All the companies try to convey promises that drivers will save a bundle after switching your policy. How is it plausible that every one can claim to save you money? It's all in the words they use.
Insurance providers offer their best rates for a prospective insured that is profitable for them. A good example of a profitable insured may be a female over age 40, has no driving citations, and does not commute to work. A driver who matches that profile will probably get cheap prices and will save a lot of money.
Potential customers who are not a match for this ideal profile will be quoted a higher premium with the end result being business not being written. The trick companies use is to say "customers that switch" not "everyone who quotes" save that kind of money. That's why companies can truthfully make claims that they all have the best rates.
Different companies use different criteria so drivers must get Montgomery car insurance quotes as often as possible. It's impossible to know which company will fit your personal profile best.
Educate yourself about auto insurance coverages
Knowing the specifics of auto insurance aids in choosing the right coverages at the best deductibles and correct limits. Policy terminology can be impossible to understand and coverage can change by endorsement.
This provides protection from damage that occurs to a person or their property that is your fault. Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see liability limits of 25/50/25 which means a limit of $25,000 per injured person, $50,000 for the entire accident, and $25,000 of coverage for damaged propery. Some companies may use a combined limit that pays claims from the same limit with no separate limits for injury or property damage.
Liability insurance covers claims such as repair costs for stationary objects, legal defense fees, bail bonds, attorney fees and pain and suffering. How much coverage you buy is a personal decision, but you should buy as much as you can afford. Alabama state minimum liability requirements are 25/50/25 but it's recommended drivers buy more liability than the minimum.
Medical payments and PIP coverage
Personal Injury Protection (PIP) and medical payments coverage provide coverage for immediate expenses for rehabilitation expenses, ambulance fees and funeral costs. The coverages can be used to fill the gap from your health insurance program or if you are not covered by health insurance. Coverage applies to all vehicle occupants and will also cover if you are hit as a while walking down the street. PIP coverage is not available in all states and may carry a deductible
UM/UIM (Uninsured/Underinsured Motorist) coverage
Uninsured or Underinsured Motorist coverage protects you and your vehicle when the "other guys" do not carry enough liability coverage. Covered claims include injuries to you and your family as well as your vehicle's damage.
Since many Alabama drivers have only the minimum liability required by law (25/50/25), their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage should not be overlooked. Frequently the UM/UIM limits are set the same as your liability limits.
Collision coverage protection
Collision insurance will pay to fix damage to your Odyssey caused by collision with a stationary object or other vehicle. You first must pay a deductible then the remaining damage will be paid by your insurance company.
Collision insurance covers things such as crashing into a ditch, backing into a parked car and rolling your car. Collision is rather expensive coverage, so consider dropping it from older vehicles. Another option is to choose a higher deductible on your Odyssey in order to get cheaper collision rates.
Comprehensive auto coverage
This coverage will pay to fix damage that is not covered by collision coverage. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.
Comprehensive insurance covers claims like rock chips in glass, damage from flooding and hail damage. The maximum amount you can receive from a comprehensive claim is the actual cash value, so if the vehicle is not worth much it's probably time to drop comprehensive insurance.
Persistence will pay off
People switch companies for a variety of reasons including questionable increases in premium, denial of a claim, policy non-renewal and even delays in responding to claim requests. It doesn't matter what your reason, choosing a new company can be pretty painless.
We just covered some good ideas how to get a better price on Honda Odyssey insurance in Montgomery. It's most important to understand that the more rate comparisons you have, the higher your chance of finding cheaper Montgomery car insurance quotes. Drivers may even discover the lowest priced auto insurance comes from the smaller companies.
As you restructure your insurance plan, it's not a good idea to buy lower coverage limits just to save a few bucks. Too many times, consumers will sacrifice collision coverage to discover at claim time that saving that couple of dollars actually costed them tens of thousands. The aim is to buy enough coverage at the best possible price while still protecting your assets.