Honda Element Insurance Quotes in Boston

How 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.

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.

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.

• Drive a fast car and pay more – The type of vehicle you are buying insurance for makes a huge difference in how high your rates are. The lowest rates are generally reserved for small economy passenger cars, but the final cost of insurance is determined by many other factors.

  The next chart uses these assumptions: married male driver age 20, full coverage with $100 deductibles, and no discounts or violations. It compares Honda Element rates compared to other makes and models that have a range of performance rating factors.

• Low credit rating equals high prices – Having a bad credit history factor in calculating your insurance rates. Consumers who have very high credit ratings tend to be better risks to insure than drivers who have poor credit scores. If your credit history is lower than you’d like, you may save money insuring your Honda Element by taking the time to improve your credit score.
• Save by driving less – Driving more miles annually the more it will cost to insure it. The majority of insurers price each vehicle’s coverage based upon how much you drive. Cars that sit idle most of the time qualify for better rates as compared to vehicles used primarily for driving to work. Having an incorrect usage rating on your Element can result in significantly higher rates. Make sure your insurance policy is showing the correct usage, because improper ratings can cost you money.
• Insurance claims cost money – Car insurance companies in Massachusetts give most affordable rates to insureds who are claim-free. If you file a lot of claims you can look forward to higher premiums or even policy non-renewal. Your insurance policy is intended for claims that pose a financial burden.
• Lower rates by increasing physical damage deductibles – Insurance for physical damage, also called comprehensive and collision insurance, covers damage that occurs to your Honda. Some instances where coverage would apply would be a dented fender, hitting a deer, and damage from a fallen tree branch. Physical damage deductibles define the amount you are required to spend before your insurance pays a claim. The more money you’re willing to pay, the less your company will charge you for insurance.
• Where you call home is a factor – Having an address in a rural area is a good thing when it comes to insurance. Fewer drivers and short commutes means a lower chance of having an accident and lower theft and vandalism rates. Residents of big cities have traffic congestion and more time behind the wheel. The longer drive time statistically corresponds to a higher accident and claim rate.

• With age comes lower rates – More mature drivers are more responsible, are lower risk to insure, and are generally more financially stable. Teen drivers tend to be easily distracted when behind the wheel so insurance rates are higher.

  The chart below uses these variables: single driver, full coverage with $250 deductibles, and no discounts or violations.

• Liability insurance – Your policy’s liability coverage is the coverage that protects you if a jury decides you are liable for causing personal injury or damage in an accident. It provides for a legal defense to defend your case. Liability insurance is pretty cheap compared to comp and collision, so drivers should buy more than the minimum limits required by law.

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.

• Multiple Vehicles – Having multiple cars with the same auto insurance company could earn a price break for each car.
• Braking Control Discount – Cars, trucks, and SUVs that have steering control and anti-lock brakes can reduce accidents and earn discounts up to 10%.
• Waiver for an Accident – This isn’t a discount exactly, but a few companies such as Allstate, State Farm and GEICO will turn a blind eye to one accident without the usual rate increase if your claims history is clear before the accident.
• No Accidents – Insureds who avoid accidents and claims have much lower rates compared to insureds who have frequent claims or accidents.
• Professional Memberships – Belonging to a civic or occupational organization in Boston is a simple method to lower premiums on your next renewal.
• Pay Upfront and Save – If you pay your entire premium ahead of time instead of monthly or quarterly installments you can actually save on your bill.
• Discount for Passive Restraints – Factory air bags can receive discounts of more than 20%.
• Drivers Ed for Students – Reduce the cost of insurance for teen drivers by having them successfully take a driver’s education course in high school.

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.

• State Farm may have discounts that include multiple autos, anti-theft, Steer Clear safe driver discount, Drive Safe & Save, multiple policy, good driver, and driver’s education.
• GEICO includes discounts for good student, membership and employees, driver training, daytime running lights, military active duty, and anti-theft.
• Allstate may offer discounts for farm vehicle, EZ pay plan discount, premier plus, anti-lock brakes, senior citizen, safe driver, and utility vehicle.
• SAFECO policyholders can earn discounts including anti-theft, accident prevention training, teen safe driver, drive less, homeowner, and bundle discounts.
• Farm Bureau offers premium reductions for multi-policy, multi-vehicle, driver training, good student, and youthful driver.
• Progressive offers discounts for online quote discount, multi-vehicle, good student, online signing, homeowner, and multi-policy.
• AAA discounts include good driver, multi-car, education and occupation, anti-theft, pay-in-full, and good student.

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.

To 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.

• Do you need full coverage on every vehicle?
• Will they take your side in the event of a claim?
• Which family members are covered?
• Are aftermarket or OEM parts used to repair vehicles?
• When do they do a full risk review?
• Will the company cover a rental car if your car is getting fixed?

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.

To learn more, take a look at the articles below:

• Red Light Cameras (State Farm)
• How Much are Car Insurance Rates for Electric Cars in Boston? (FAQ)
• Who Has Affordable Boston Car Insurance for Drivers with Good Credit? (FAQ)
• Who Has Cheap Car Insurance for Drivers with Accidents in Boston? (FAQ)
• What Car Insurance is Cheapest for Real Estate Agents in Boston? (FAQ)
• How Much are Boston Car Insurance Rates for a 20 Year Old Male? (FAQ)
• When is the Right Time to Switch Car Insurance Companies? (Allstate)
• Smart Auto Insurance Tips (Insurance Information Institute)
• Distracted Driving (Insurance Information Institute)
• Get the Right Protection (InsureUonline.org)