Compare Honda Fit Insurance Rates in Plano

Unbelievable but true according to a study the vast majority of consumers have purchased from the same company for a minimum of four years, and virtually 40% of consumers have never even compared quotes to find cheaper rates. Plano consumers could save up to $1,770 each year by just comparing rate quotes, but they don’t want to spend time to find cheaper auto insurance rates.

Insurance quote for Honda Fit in PlanoIf you want to find the absolute lowest rates, then the best way to get discount Honda Fit insurance in Plano is to compare prices at least once a year from different companies that insure vehicles in Texas. You can compare prices by following these steps.

The key aspect of shopping around is to make sure you enter similar coverage information on each price quote and and to get quotes from as many companies as you can. Doing this guarantees a fair rate comparison and plenty of rates choose from.

When looking for the cheapest Honda Fit rate quotes, there are a couple ways to obtain and compare prices from local Plano insurance companies. The quickest method to do a complete rate comparison consists of shopping online.

Online shopping is fast and free, and it makes it obsolete to spend time driving to all the different Plano insurance agencies. Shopping for insurance online reduces the need to sit down with an agent unless you have a complicated situation and need the advice and guidance of a licensed agent. If you prefer, some companies allow you to price shop your coverage online but have a local agent actually write the policy. It’s important to know that more quotes helps improve the odds of finding a lower rate. Not every company allows you to get rate quotes online, so it’s important to also get price quotes on coverage from those companies, too.

The car insurance companies shown below offer comparison quotes in Texas. If you want to find cheaper auto insurance in Plano, we recommend you get rates from several of them to find the most affordable car insurance rates.

Why do I need car insurance?

Despite the potentially high cost of Honda Fit insurance, insurance serves a purpose in several ways.

The benefits of buying auto insurance are without a doubt worth the cost, specifically if you ever have a liability claim. An average driver in America overpays more than $865 each year so you should quote and compare rates at least once a year to make sure the price is not too high.

Rates and other information

The table displayed below outlines detailed analysis of coverage costs for Honda Fit models. Having insight into how premiums are figured is important to be able to make decisions when shopping around.

Honda Fit Insurance Rates in Plano, TX
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Fit $154 $306 $256 $16 $76 $808 $67
Fit Sport $176 $306 $256 $16 $76 $830 $69
Fit Sport VSA $176 $360 $256 $16 $76 $884 $74
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Table data assumes married female driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Texas minimum liability limits. Discounts applied include homeowner, multi-vehicle, multi-policy, claim-free, and safe-driver. Rate quotes do not factor in your specific Plano location which can lower or raise rates significantly.

Careless driving habits raise Plano auto insurance rates

The illustration below shows how traffic citations and accident claims raise Honda Fit annual premium costs for each different age group. Data assumes a married male driver, comp and collision included, $1,000 deductibles, and no policy discounts are applied.

Rate comparison of full coverage and liability-only

The illustration below illustrates the comparison of Honda Fit yearly insurance costs when comparing full coverage to liability only. Data assumes no claims or driving violations, $100 deductibles, single marital status, and no other discounts are factored in.

When to stop buying full coverage

There isn’t a steadfast formula for dropping comp and collision coverage, but there is a guideline you can consider. If the annual cost of your full coverage insurance is more than around 10% of any settlement you would receive from your insurance company, then you might want to consider buying only liability coverage.

For example, let’s say your Honda Fit claim settlement value is $8,000 and you have $1,000 deductibles. If your vehicle is damaged in an accident, the most your company will settle for is $7,000 after paying the physical damage deductible. If premiums are more than $700 annually to have full 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 a good plan. If you still owe money on your vehicle, you have to keep full coverage in order to prevent your loan from defaulting. Also, if you can’t afford to buy a different vehicle in the event your current vehicle is totaled, you should keep full coverage in place.

Discounts mean cheaper rates for Honda Fit insurance in Plano

Companies don’t list every discount very clearly, so we break down a few of the more common and the harder-to-find credits available to bring down your rates.Insurance discounts

Don’t be shocked that some credits don’t apply to your bottom line cost. Most only reduce specific coverage prices like physical damage coverage or medical payments. Just because it seems like you can get free auto insurance, companies wouldn’t make money that way.

The example below compares Honda Fit yearly insurance costs with and without discounts being applied to the rates. The price estimates are based on a female driver, a clean driving record, no claims, Texas state minimum liability limits, full physical damage coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, multi-car, multi-policy, marriage, homeowner, and safe-driver discounts applied.

To view companies with discount rates in Texas, click this link.

You may need advice from an agent

Certain consumers still prefer to talk to an insurance agent and that is OK! One of the best bonuses of getting online price quotes is you may find the best rates and still have an agent to talk to. Putting coverage with local agents is important particularly in Plano.

Insurance agency in PlanoTo make it easy to find an agent, after completing this form (opens in new window), your coverage information is emailed to participating agents in Plano that can give you free Plano auto insurance quotes for your insurance coverage. It makes it easy because there is no need to visit any agencies since rate quotes are delivered straight to your inbox. You’ll get the best rates and a licensed agent to talk to. If for some reason you want to get a price quote from a specific auto insurance provider, feel free to find their quoting web page and complete a quote there.

If you are wanting to find an insurance agent, it’s helpful to know the types of agencies that differ in how they can insure your vehicles. Insurance agencies in Plano can be described as either exclusive agents or independent agents.

Independent Insurance Agents

Agents that elect to be independent are appointed with more than one company and that enables them to quote your coverage with many different companies and get you the best rates possible. If your agent finds better pricing, the business is moved internally and you stay with the same agent.

When comparing auto insurance rates, you will definitely want to include several independent insurance agents so that you can do a thorough price comparison.

The following is a short list of independent insurance agents in Plano that may be able to give price quotes.

6500 Pinecrest DrPlano, TX 75024(800) 486-5616View Map

5805 Coit Rd #401Plano, TX 75093(972) 964-0113View Map

1110 E Parker Rd #106Plano, TX 75074(972) 200-5070View Map

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Exclusive Agencies

Exclusive insurance agents are contracted to one company such as Farmers Insurance, American Family, State Farm and Allstate. Exclusive agents cannot provide rate quotes from other companies so they are skilled at selling on more than just price. They are highly trained on their products and sales techniques which can be an advantage.

Below are Plano exclusive insurance agencies who can help you get rate quotes.

5809 Preston Rd #586Plano, TX 75093(972) 378-1024View Map

3020 Legacy Dr #190Plano, TX 75023(972) 208-3705View Map

5501 Independence Pkwy Ste 311Plano, TX 75023(972) 519-0936View Map

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Finding the right insurance agency needs to be determined by more than just a cheap quote. The following questions are important to ask.

If you feel you receive answers to your satisfaction to any questions you may have as well as offering an affordable quote, most likely you have located an insurance agency that is professional and can insure your vehicles.

Will just any policy work for me?

When it comes to the right insurance coverage, there really isn’t a “perfect” insurance plan. Your needs are unique to you.Auto insurance savings

For example, these questions may help highlight whether you might need professional guidance.

If it’s difficult to answer those questions but one or more may apply to you, then you may want to think about talking to an insurance agent. If you don’t have a local agent, take a second and complete this form.

Smart shoppers get results

Insureds leave their current company for many reasons like unfair underwriting practices, lack of trust in their agent, extreme rates for teen drivers or even questionable increases in premium. No matter why you want to switch, switching companies is pretty simple and you could end up saving a buck or two.

You just learned a lot of tips how to shop for Honda Fit insurance online. The key thing to remember is the more price quotes you have, the higher the chance of saving money. You may even be surprised to find that the most savings is with a company that doesn’t do a lot of advertising.

When trying to cut insurance costs, it’s not a good idea to buy less coverage just to save a little money. There have been many situations where drivers have reduced collision coverage and found out when filing a claim that a couple dollars of savings turned into a financial nightmare. Your strategy should be to buy the best coverage you can find at the lowest possible cost, but do not sacrifice coverage to save money.

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