Would you like to buy cheaper Honda Insight insurance in Los Angeles? Having to pay for pricey insurance in Los Angeles can dry up your bank account and force you to make sacrifices. Comparing cost estimates is an excellent way to make sure you’re not throwing money away.
Amazingly, a recent NerdWallet.com study showed that most drivers renewed their policy with the same company for a minimum of four years, and nearly the majority have never even compared quotes to find cheap rates. California insurance shoppers can save up to 35% each year just by comparing rates, but they feel it’s too difficult to find cheap insurance by shopping around. Lots of insurance companies contend for your business, so it’s not easy to compare every insurer to find the absolute lowest cost out there.
Smart consumers take time to do price comparisons as often as possible since insurance rates are variable and change quite frequently. Just because you found the best rate on Honda Insight insurance in Los Angeles a few years ago you can probably find a lower rate today. There is too much inaccurate information about Insight insurance online, but you can learn some guaranteed methods to slash your insurance rates in Los Angeles.
Affordable Honda Insight insurance in Los Angeles
Auto insurance is not an enjoyable expense, but you may qualify for discounts that can dramatically reduce your bill. Most are applied when you quote, but a few must be asked about prior to getting the savings. If you don’t get every credit you qualify for, you could be saving more on your auto insurance.
- Seat Belt Discounts – Buckling up and requiring all passengers to buckle their seat belts could save 15% on the medical payments or PIP coverage costs.
- Military Rewards – Being on active duty in the military could be rewarded with lower auto insurance rates.
- Smart Student Discounts – A discount for being a good student can save 20 to 25%. This discount can apply until age 25.
- Club Memberships – Being a member of a qualifying organization could qualify you for a break on your next renewal.
- Theft Prevention Discount – Cars optioned with advanced anti-theft systems are stolen less frequently and will save you 10% or more on Insight insurance in Los Angeles.
- Government Employees – Employees or retirees of the government could qualify for a slight premium decrease depending on your auto insurance provider.
Keep in mind that many deductions do not apply to your bottom line cost. Most only cut the price of certain insurance coverages like comprehensive or collision. So even though you would think you can get free auto insurance, insurance companies wouldn’t stay in business.
The chart below visualizes the comparison of Honda Insight car insurance rates with and without policy discounts. Data assumes a male driver, no claims or driving citations, 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 safe-driver, marriage, homeowner, claim-free, multi-policy, and multi-car discounts applied.
A partial list of companies that may offer policyholders many of the previously listed discounts include:
Before buying, ask every insurance company the best way to save money. Discounts may not be available in Los Angeles. To see a list of insurance companies with discount auto insurance rates in Los Angeles, click this link.
Getting low cost insurance pricing is a fairly straight forward process. All you need to do is invest a little time to compare rate quotes to see which company has affordable Honda Insight insurance quotes.
Online shopping is fast and free, and it makes it obsolete to waste gas driving to local Los Angeles insurance agencies. The internet eliminates this option unless you have a complicated situation and need the trained guidance of a local agency. Some companies do allow you to get the lowest quotes online and get advice from an agent in your area.
The providers in the list below provide comparison quotes in California. If multiple providers are shown, we suggest you visit two to three different companies to get the best price comparison.
Honda Insight insurance analysis
The premium table below showcases detailed analysis of insurance prices for Honda Insight models. Having a better understanding of how auto insurance policy rates are determined is important for making informed decisions when comparing rates.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Insight LX | $242 | $464 | $442 | $26 | $132 | $1,306 | $109 |
| Insight EX | $278 | $546 | $442 | $26 | $132 | $1,424 | $119 |
| Get Your Own Customized Quote Go | |||||||
Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and California minimum liability limits. Discounts applied include homeowner, multi-vehicle, safe-driver, multi-policy, and claim-free. Rates do not factor in specific location information which can alter price quotes considerably.
Physical damage deductible comparison
When buying insurance, a common question is how high should your deductibles be. The data tables below approximate the rate fluctuation when you buy lower versus higher physical damage coverage deductibles. The first rate comparisons uses a $100 deductible and the second rate table uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Insight LX | $332 | $686 | $442 | $26 | $132 | $1,643 | $137 |
| Insight EX | $380 | $810 | $442 | $26 | $132 | $1,815 | $151 |
| Get Your Own Customized Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Insight LX | $242 | $464 | $442 | $26 | $132 | $1,306 | $109 |
| Insight EX | $278 | $546 | $442 | $26 | $132 | $1,424 | $119 |
| Get Your Own Customized Quote Go | |||||||
Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include homeowner, safe-driver, multi-policy, multi-vehicle, and claim-free. Table data does not factor in specific location information which can revise premiums substantially.
Based on this data, using a $100 deductible will cost you roughly $30 more each month or $360 for a full year than choosing the higher $500 deductible. Due to the fact that you would have to pay $400 more out-of-pocket with a $500 deductible as compared to a $100 deductible, if you usually have at a minimum 13 months between claims, you would save more money if you choose the higher deductible.
Difference between liability only and full coverage rates
The example below illustrates the difference between Honda Insight yearly insurance costs with liability coverage only compared to full coverage. Data assumes no violations or accidents, $500 deductibles, drivers are not married, and no discounts are factored in.
Deciding between full coverage and liability only
There is no definitive guideline of when to exclude physical damage coverage on your policy, but there is a guideline you can use. If the annual cost of coverage is more than around 10% of the replacement cost of your vehicle minus the policy deductible, then it’s probably a good time to buy liability coverage only.
For example, let’s assume your Honda Insight replacement cost is $5,000 and you have $1,000 full coverage deductibles. If your vehicle is destroyed, the most your company would pay you is $4,000 after paying your policy deductible. If you are paying more than $400 annually for physical damage coverage, then it may be the right time to buy liability only.
There are some conditions where removing full coverage is not advised. If you haven’t satisfied your loan, you have to keep full coverage as part of the loan conditions. Also, if you cannot afford to purchase a different vehicle in the even your car is totaled, you should keep full coverage on your policy.
Compare rate quotes but still have a local Los Angeles insurance agency
Some consumers prefer to get professional advice from a licensed agent and doing so can bring peace of mind Experienced insurance agents can answer important questions and help in the event of a claim. One of the best bonuses of comparing rate quotes online is that you can find lower rates but still work with a licensed agent. And supporting local agents is still important in Los Angeles.
To find an agent, once you fill out this form (opens in new window), your information is immediately sent to agents in your area that can give you free Los Angeles auto insurance quotes and help you find cheaper coverage. You won’t need to contact any agents since rate quotes are delivered to you directly. If you have a need to get a price quote from a specific insurance provider, feel free to go to their quote page and submit a quote form there.
If you prefer to buy insurance from a local Los Angeles insurance agent, it’s helpful to know the types of insurance agents to choose from. Insurance policy providers can either be independent agents or exclusive agents depending on their employer. Both do a good job, but it’s worth learning how they differ because it can influence which type of agent you select.
Independent Agents
These agents are not employed by any specific company so as a result can place your coverage through many different insurance companies depending on which coverage is best. If they find a lower price, they simply move the coverage in-house which is easy for the insured. If you need cheaper insurance rates, you will definitely want to include rate quotes from a few independent agents in order to compare the most rates.
Below are Los Angeles independent agents that may be able to give you price quotes.
JSB Insurance Services, Inc.
1801 S La Cienega Blvd Ste 201 – Los Angeles, CA 90035 – (310) 402-0020 – View Map
Sean Paul Insurance Agency
3101 Silver Lake Blvd – Los Angeles, CA 90039 – (323) 667-9180 – View Map
Malcom Brown Insurance Agency
2861 Robertson Blvd – Los Angeles, CA 90034 – (310) 280-0946 – View Map
Exclusive Insurance Agencies
Exclusive agents can only write with one company and some examples include Farmers Insurance or State Farm. These agents are unable to provide rate quotes from other companies so always compare other rates. Exclusive agents are highly trained on their company’s products and that can be a competitive advantage.
Below is a list of exclusive agencies in Los Angeles that are able to give price quote information.
Allstate Insurance: Avo Donoyan
1727 N Vermont Ave Ste 207 – Los Angeles, CA 90027 – (323) 663-8541 – View Map
Kaz Achiwa – State Farm Insurance Agent
340 E Azusa St, Ste B – Los Angeles, CA 90012 – (213) 253-1210 – View Map
Diane Sinner – State Farm Insurance Agent
6535 Wilshire Blvd #117 – Los Angeles, CA 90048 – (323) 651-4775 – View Map
Finding the right car insurance agent needs to be determined by more than just a cheap price. Below are some questions you should ask.
- Will you work with the agent or an assistant?
- What are their preferred companies if they are an independent agency?
- Do they regularly work with personal auto policies in Los Angeles?
- Do they have advanced training designations such as CPCU, AAI, AIC, or CIC?
- Does the agency provide any after hours assistance?
- If you are a high risk driver, do they have special markets for your coverage?
- When do they do a full risk review?
- By raising physical damage deductibles, how much would you save?
Frequent quotes can save
When searching for the cheapest Honda Insight rate quotes, it’s very important that you do not buy poor coverage just to save money. In too many instances, drivers have reduced liability coverage limits and discovered at claim time that the few dollars in savings costed them thousands. Your focus should be to find the BEST coverage at the best cost but still have enough coverage for asset protection.
We’ve covered a lot of information how to lower your Honda Insight insurance premium rates in Los Angeles. It’s most important to understand that the more you quote Los Angeles auto insurance, the higher your chance of finding low cost Los Angeles auto insurance quotes. You may even find the lowest priced insurance comes from some of the smallest insurance companies. These smaller insurers often have lower prices on specific markets as compared to the big name companies such as Allstate and Progressive.
Low-cost Honda Insight insurance in Los Angeles is attainable from both online companies in addition to local insurance agencies, and you should be comparing both in order to have the best price selection to choose from. A few companies may not provide online price quotes and most of the time these regional carriers provide coverage only through local independent agencies.
More resources
- Bodily Injury Coverage (Liberty Mutual)
- What Car Insurance is Cheapest for Drivers Requiring a SR22 in Los Angeles? (FAQ)
- How Much is Los Angeles Car Insurance for a Nissan Sentra? (FAQ)
- How Much is Auto Insurance for Hybrid Vehicles in Los Angeles? (FAQ)
- How Much is Los Angeles Auto Insurance for a Learners Permit? (FAQ)
- How Much are Car Insurance Rates for Drivers Over Age 70 in Los Angeles? (FAQ)
- How Much are Los Angeles Auto Insurance Rates for Uber Drivers? (FAQ)
- Who Has Cheap Auto Insurance Quotes for a Toyota Corolla in Los Angeles? (FAQ)
- How Much is Los Angeles Auto Insurance for Drivers with Good Credit? (FAQ)
- Keeping Children Safe in Crashes Video (iihs.org)
- Information for Teen Drivers (GEICO)
- Choosing an Insurance Company (Insurance Information Institute)