Honda Element Insurance Quotes in Boston

Insurance for Honda ElementHow long has it been since the last time you looked for low-cost insurance rates in Boston, MA? Boston drivers have many options when trying to find affordable Honda Element insurance. You can either spend your time struggling with agents getting price quotes or utilize the internet to get rate quotes. There is a right way and a wrong way to compare insurance rates and you need to know the best way to quote coverages for a Honda and obtain the lowest possible price.

Best companies for Honda Element insurance

The providers in the list below can provide free rate quotes in Boston, MA. If multiple companies are listed, we recommend you visit as many as you can to get the best price comparison.

Statistics and details

The coverage information shown below showcases estimates of policy rates for Honda Element models. Learning more about how policy rates are calculated helps drivers make decisions when shopping around.

Honda Element Insurance Rates in Boston, MA
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Element LX 2WD $154 $310 $434 $26 $130 $1,054 $88
Element LX 4WD $154 $310 $434 $26 $130 $1,054 $88
Element EX 2WD $154 $310 $434 $26 $130 $1,054 $88
Element EX 4WD $154 $310 $434 $26 $130 $1,054 $88
Element SC 2WD $154 $310 $434 $26 $130 $1,054 $88
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Data based on single female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Massachusetts minimum liability limits. Discounts applied include safe-driver, claim-free, multi-policy, multi-vehicle, and homeowner. Table data does not factor in specific zip code location which can increase or decrease coverage prices substantially.

Can higher deductibles save money?

One common question asked by Boston drivers is how high should the physical damage deductibles be. The data tables below may help to conceptualize the differences in price when you select higher and lower physical damage deductibles. The first pricing table uses a $250 deductible for physical damage and the second price grid uses a $1,000 deductible.

Honda Element insurance with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Element LX 2WD $258 $436 $334 $20 $100 $1,173 $98
Element LX 4WD $258 $436 $334 $20 $100 $1,173 $98
Element EX 2WD $258 $436 $334 $20 $100 $1,173 $98
Element EX 4WD $258 $436 $334 $20 $100 $1,173 $98
Element SC 2WD $258 $436 $334 $20 $100 $1,173 $98
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Honda Element insurance with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Element LX 2WD $160 $274 $334 $20 $100 $888 $74
Element LX 4WD $160 $274 $334 $20 $100 $888 $74
Element EX 2WD $160 $274 $334 $20 $100 $888 $74
Element EX 4WD $160 $274 $334 $20 $100 $888 $74
Element SC 2WD $160 $274 $334 $20 $100 $888 $74
Get Your Own Custom Quote Go

Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, and Massachusetts minimum liability limits. Discounts applied include safe-driver, multi-vehicle, claim-free, multi-policy, and homeowner. Prices do not factor in vehicle location which can lower or raise auto insurance rates noticeably.

Based on this data, we can arrive at the conclusion that using a $250 deductible costs an average of $24 more each month or $288 annually than buying the higher $1,000 deductible. Since you would have to pay $750 more to file a claim with a $1,000 deductible as compared to a $250 deductible, if you usually have at a minimum 31 months between claims, you would come out ahead if you opt for a higher deductible.

Drive responsibly or pay higher rates

The illustration below highlights how traffic violations and fender-benders impact Honda Element yearly insurance costs for different categories of driver ages. The price estimates are based on a married female driver, full physical damage coverage, $1,000 deductibles, and no discounts are applied to the premium.

Full coverage or liability only

The example below visualizes the comparison of Honda Element insurance costs with and without physical damage coverage. The information is based on no claims or violations, $500 deductibles, marital status is single, and no discounts are factored in.

Are you wasting money on full coverage?

There is no clear-cut rule of when to exclude comprehensive and collision coverage on your policy, but there is a general guideline. If the yearly cost for physical damage coverage is 10% or more of the replacement cost of your vehicle minus the policy deductible, then it may be the right time to buy liability only.

For example, let’s pretend your Honda Element claim settlement value is $5,000 and you have $1,000 deductibles. If your vehicle is totaled in an accident, you would only receive $4,000 after paying the physical damage deductible. If you are paying in excess of $400 a year for full coverage, the it may be a good time to stop paying for full coverage.

There are some situations where removing full coverage is not financially feasible. If you haven’t satisfied your loan, you have to maintain full coverage as part of the loan requirements. Also, if your finances do not allow you to purchase a different vehicle if your current one is damaged, you should not consider dropping full coverage.

Eight Tips to Get More Affordable Boston Insurance Rates

Many different elements are used when quoting car insurance. Some factors are common sense such as your driving record, although some other factors are more transparent like your vehicle usage or how financially stable you are. An important part of buying insurance is that you know some of the elements that aid in calculating insurance rates. When you understand what determines premiums, this enables informed choices that may result in lower insurance prices.

The itemized list below are some of the factors used by insurance companies to determine rates.

Verify you’re applying every discount

Buying auto insurance is not cheap, but you might find some hidden discounts to cut the cost considerably. Some discounts apply automatically when you quote, but some must be specially asked for before they will apply. If you do not double check each discount possible, you are not getting the best rate possible.Auto insurance discounts

You can save money using discounts, but most discounts do not apply to your bottom line cost. Some only apply to individual premiums such as medical payments or collision. So even though you would think adding up those discounts means a free policy, auto insurance companies aren’t that generous.

The diagram below compares Honda Element premium costs with and without discounts applied to the rates. The price estimates are based on a female driver, no accidents or driving violations, Massachusetts state minimum liability limits, comprehensive and collision coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, claim-free, safe-driver, marriage, homeowner, and multi-policy discounts applied.

A list of companies and the discounts they provide are shown below.

Before buying, ask all companies you are considering what discounts are available to you. Some of the discounts discussed earlier might not be available to policyholders in every state. If you would like to choose from a list of companies who offer auto insurance discounts in Massachusetts, click here.

Buying insurance from Boston insurance agencies

A small number of people still prefer to talk to an insurance agent and that is a personal choice. Professional insurance agents will help you protect your assets and help in the event of a claim. An additional benefit of getting online price quotes is you can get lower rates and also buy local.

Find insurance agent in BostonTo find an agent, once you fill out this simple form, the quote information is transmitted to local insurance agents that can provide free Boston car insurance quotes for your insurance coverage. It simplifies rate comparisons since you won’t have to contact any insurance agencies as quotes are delivered immediately to you. If you have a need to compare prices from one company in particular, feel free to visit that company’s website and complete a quote there.

Choosing the best company should depend on more than just a cheap price quote. You should also get answers to these questions.

Once you have received acceptable answers to all your questions and inexpensive Honda Element insurance in Boston quotes, most likely you have located an provider that is reliable enough to insure your vehicles.

Best car insurance in Massachusetts

Ending up with the top company can be challenging considering how many companies sell coverage in Massachusetts. The company rank data in the lists below can help you analyze which companies you want to consider comparing prices from.

Top 10 Boston Car Insurance Companies Ranked by Customer Service

  1. Mercury Insurance
  2. Titan Insurance
  3. The Hartford
  4. American Family
  5. Progressive
  6. USAA
  7. Travelers
  8. State Farm
  9. GEICO
  10. Allstate

More effort can pay off

Drivers switch companies for a variety of reasons including not issuing a premium refund, an unsatisfactory settlement offer, being labeled a high risk driver and delays in paying claims. Regardless of your reason for switching companies, switching companies is easier than you think.

Some insurance companies don’t offer the ability to get quotes online and most of the time these regional insurance providers sell through local independent agents. Discount Honda Element insurance is available both online and also from your neighborhood Boston agents, and you should compare rates from both to get a complete price analysis.

As you go through the steps to switch your coverage, don’t be tempted to reduce coverage to reduce premium. There have been many cases where someone dropped physical damage coverage only to regret they didn’t have enough coverage. The goal is to buy enough coverage for the lowest price but still have enough coverage for asset protection.

Steps to finding lower priced Honda Element insurance in Boston

Really, the only way to find cheaper quotes for car insurance rates in Boston is to compare prices regularly from insurers who sell insurance in Massachusetts.

  1. Read and learn about how companies price auto insurance and the things you can control to prevent expensive coverage. Many policy risk factors that result in higher prices such as speeding and a not-so-good credit score can be eliminated by making minor changes in your lifestyle.
  2. Compare price quotes from independent agents, exclusive agents, and direct companies. Exclusive and direct companies can only give rate quotes from a single company like GEICO or Allstate, while independent agencies can provide prices for many different companies.
  3. Compare the new rate quotes to your existing coverage to determine if you can save on Element insurance. If you find a better price and change companies, verify that coverage does not lapse between policies.

One thing to remember is that you use the same coverage limits and deductibles on each quote request and and to analyze as many different companies as possible. Doing this guarantees the most accurate price comparison and the best price quote selection.

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