Honda Odyssey Insurance Quotes in Charlotte

Trying to find better insurance prices for a Honda Odyssey in North Carolina can turn out to be an all-consuming task, but you can learn our auto insurance buying tips to save time.

There are both good and bad ways to buy auto insurance and you need to know the absolute fastest way to get price quotes for your Honda and obtain the lowest price either online or from Charlotte insurance agents.

It is always a good idea to compare rates yearly because prices fluctuate regularly. If you had the lowest rates on Honda Odyssey insurance in Charlotte last year the chances are good that you can find a lower rate quote today. Forget anything you know (or think you know) about auto insurance because I’m going to let you in on the secrets to the things you must know in order to eliminate unnecessary coverages and save money on Honda Odyssey insurance in Charlotte.

Reducing your insurance rates is actually easier than you may think. All that’s required is to take the time to compare rate quotes to see which company has cheaper Charlotte car insurance quotes.

The companies shown below have been selected to offer free rate quotes in North Carolina. If you wish to find the cheapest auto insurance in Charlotte, it’s highly recommended you visit two to three different companies to get a more complete price comparison.

Companies offer many types of discounts on Honda Odyssey insurance in Charlotte

Some providers don’t always list every discount available very clearly, so the list below gives a summary of some of the more common as well as some of the hidden discounts that you may qualify for.

• Theft Deterrent – Vehicles optioned with advanced anti-theft systems are stolen less frequently and earn discounts up to 10% off your Charlotte car insurance quote.
• Seat Belts Save – Buckling up and requiring all passengers to buckle up could cut 10% or more off the PIP or medical payment premium.
• Driver’s Ed – Teen drivers should complete a driver education course if it’s offered in school.
• Mature Driver Discount – Drivers that qualify as senior citizens may qualify for a discount up to 10%.
• Accident Forgiveness Coverage – This one isn’t a discount, but certain companies permit an accident without the usual rate increase if your claims history is clear for a set time period.
• Early Signing – Select auto insurance companies give a discount for buying a policy prior to your current Odyssey insurance policy expiring. It can save you around 10%.
• Student Discounts – Performing well in school may save as much as 25% on a Charlotte car insurance quote. Earning this discount can benefit you well after school through age 25.

A little disclaimer on discounts, most of the big mark downs will not be given to your bottom line cost. Most cut individual premiums such as physical damage coverage or medical payments. Despite the appearance that you could get a free auto insurance policy, companies don’t profit that way. But all discounts will bring down the cost of your policy.

The chart below compares Honda Odyssey yearly insurance costs with and without discounts being applied to the rates. Data assumes a male driver, no violations or claims, North Carolina state minimum liability limits, comp and collision included, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, marriage, multi-policy, homeowner, claim-free, and safe-driver discounts applied.

Car insurance companies that may include some of the above discounts possibly include:

• Progressive
• The Hartford
• Mercury Insurance
• GEICO
• AAA
• State Farm

Before buying, ask each company which discounts you qualify for. A few discounts might not be offered on policies everywhere. If you would like to choose from a list of insurance companies that offer some of these discounts in North Carolina, click this link.

Detailed insurance information

The data table shown below outlines a range of prices for Honda Odyssey models. Knowing how policy premiums are calculated can help customers make informed purchases.

Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and North Carolina minimum liability limits. Discounts applied include multi-vehicle, homeowner, claim-free, multi-policy, and safe-driver. Estimates do not factor in your specific Charlotte location which can decrease or increase premiums noticeably.

Deductible analysis

One frequently asked question is how high should the physical damage deductibles be. The rates below lay out the differences in premium rates of buying low and high insurance deductibles. The first data table uses a $100 deductible for comprehensive and collision coverage and the second set of prices uses a $500 deductible.

Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and North Carolina minimum liability limits. Discounts applied include multi-vehicle, multi-policy, homeowner, claim-free, and safe-driver. Table data does not factor in specific location information which can modify prices considerably.

Using the data above, we can ascertain that using a $100 deductible costs an average of $18 more each month or $216 a year across all Honda Odyssey models than selecting the higher $500 deductible. Since you would have to pay $400 more to file a claim with a $500 deductible as compared to a $100 deductible, if you tend to have at a minimum 22 months between claims, you would more than likely save some money if you opt for a higher deductible.

Accidents and violations increase rates

The information below shows how speeding tickets and accident claims can influence Honda Odyssey insurance rates for each age group. The premiums are based on a married male driver, comprehensive and collision coverage, $100 deductibles, and no discounts are factored in.

Insurance agents can help

Many drivers just prefer to get professional advice from a licensed agent. Licensed agents can help you build your policy and help file insurance claims. One of the benefits of comparing rates online is you can get cheaper premium rates and still have a local agent. And supporting neighborhood agents is definitely important in Charlotte.

Once you complete this quick form, the quote information is emailed to companies in Charlotte who can give free rate quotes for your insurance coverage. It’s much easier because you don’t need to do any legwork because quoted prices will be sent directly to you. If you need to get a rate quote from a specific insurance company, you just need to jump over to their website and fill out the quote form the provide.

The following are agents in Charlotte willing to provide comparison quotes for Honda Odyssey insurance in Charlotte.

• Pegram Insurance
  4420 C The Plaza – Charlotte, NC 28215 – (704) 563-4343 – View Map
• Allstate Insurance: John Rose
  6853 Fairview Rd c – Charlotte, NC 28210 – (704) 366-7779 – View Map
• Roger Craig – State Farm Insurance Agent
  1427 Emerywood Dr – Charlotte, NC 28210 – (704) 553-2327 – View Map
• Michael A Goodman Insurance Agency Inc
  6401 Carmel Rd Ste 208 – Charlotte, NC 28226 – (704) 541-8660 – View Map

More insurance agents

Deciding on an provider should include more criteria than just a cheap price quote. These are some valid questions you should ask.

• Do you need full coverage on every vehicle?
• Who are their largest clients?
• Did they already check your driving record and credit reports?
• Do they offer claims assistance after hours?
• If you have an accident, are you able to get your vehicle repaired at the shop of your choice?
• Is vehicle mileage a factor when determining depreciation for repairs?

Which policy gives me the best coverage?

When it comes to insurance from an agent or online, there really isn’t a single plan that fits everyone. Your situation is unique so your insurance needs to address that.
For instance, these questions may help you determine if your insurance needs could use an agent’s help.

• Am I covered when renting a car or should I buy coverage from the car rental agency?
• Do I need PIP coverage since I have good health insurance?
• Can I rent a car in Mexico?
• Does insurance cover damages from a DUI accident?
• Are all vehicle passengers covered by medical payments coverage?
• Am I covered by my employer’s commercial auto policy when driving my personal car for business?
• Can I get a multi-policy discount?
• Does my Honda Odyssey qualify for pleasure use?

If you don’t know the answers to these questions but you know they apply to you, you might consider talking to an agent. To find lower rates from a local agent, take a second and complete this form or click here for a list of insurance companies in your area. It only takes a few minutes and can provide invaluable advice.

Three reasons to insure your Honda Odyssey

Even though it can be expensive, maintaining insurance serves a purpose in several ways.

First, just about all states have minimum mandated liability insurance limits which means state laws require a minimum amount of liability protection if you drive a vehicle. In North Carolina these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.

Second, if you have a lien on your car, it’s most likely the lender will force you to have insurance to guarantee loan repayment. If coverage lapses or is canceled, the lender may insure your Honda for a lot more money and force you to pay for the much more expensive policy.

Third, car insurance protects both your Honda and your assets. It will also reimburse you for most medical and hospital costs for not only you but also any passengers injured in an accident. Liability insurance also pays for attorney fees and expenses in the event you are sued. If you have damage to your Honda as the result of the weather or an accident, collision and comprehensive (also known as other-than-collision) coverage will pay all costs to repair after the deductible has been paid.

The benefits of having insurance outweigh the cost, especially when you need to use it. An average driver in America is wasting up to $850 per year so it’s recommended you shop around every year to be sure current rates are still competitive.

Specifics of your car insurance policy

Learning about specific coverages of your car insurance policy can be of help when determining which coverages you need for your vehicles. Policy terminology can be ambiguous and reading a policy is terribly boring. Listed below are typical coverage types found on most car insurance policies.

Auto collision coverage

This pays for damage to your Odyssey from colliding with an object or car. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for things such as backing into a parked car, scraping a guard rail, sustaining damage from a pot hole, colliding with a tree and crashing into a ditch. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are 8 years or older. You can also increase the deductible on your Odyssey to save money on collision insurance.

Comprehensive coverage

This pays for damage from a wide range of events other than collision. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for claims such as damage from a tornado or hurricane, vandalism, hitting a deer and a broken windshield. The maximum amount a car insurance company will pay at claim time is the cash value of the vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

Uninsured/Underinsured Motorist coverage

This coverage protects you and your vehicle when other motorists either have no liability insurance or not enough. Covered losses include hospital bills for your injuries and also any damage incurred to your Honda Odyssey.

Since a lot of drivers only purchase the least amount of liability that is required (30/60/25 in North Carolina), it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Frequently the UM/UIM limits do not exceed the liability coverage limits.

Liability auto insurance

This coverage protects you from damage that occurs to other people or property in an accident. Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. As an example, you may have limits of 30/60/25 that means you have a limit of $30,000 per injured person, a limit of $60,000 in injury protection per accident, and $25,000 of coverage for damaged property. Another option is one number which is a combined single limit which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability coverage pays for things like medical expenses, court costs, emergency aid, attorney fees and repair costs for stationary objects. How much liability coverage do you need? That is a personal decision, but it’s cheap coverage so purchase as high a limit as you can afford. North Carolina requires minimum liability limits of 30/60/25 but you should consider buying more liability than the minimum.

The chart below shows why buying low liability limits may not be enough coverage.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage provide coverage for bills like nursing services, prosthetic devices, hospital visits and surgery. They can be utilized in addition to your health insurance policy or if you are not covered by health insurance. Coverage applies to both the driver and occupants in addition to being hit by a car walking across the street. PIP coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

More effort can pay off

We just showed you a lot of techniques to save on Honda Odyssey insurance in Charlotte. The key thing to remember is the more you quote Charlotte car insurance, the better your chances of lowering your premium rates. Drivers may even discover the best car insurance rates are with an unexpected company. These smaller insurers may have significantly lower premium rates on certain market segments than their larger competitors like State Farm or Progressive.

As you quote Charlotte car insurance, it’s a bad idea to sacrifice coverage to reduce premiums. In many instances, consumers will sacrifice liability coverage limits only to discover later that it was a big mistake. The proper strategy is to buy the best coverage you can find for the lowest price, but do not sacrifice coverage to save money.

Steps to finding cheaper Honda Odyssey insurance in Charlotte

Truthfully, the best way to get affordable Honda Odyssey insurance is to start comparing rates regularly from different companies that sell auto insurance in Charlotte. Rate comparisons can be done by following these guidelines.

1. Take a little time to learn about individual coverages and the modifications you can make to prevent high rates. Many policy risk factors that increase rates such as traffic citations, accidents, and an unacceptable credit history can be eliminated by improving your driving habits or financial responsibility.
2. Request price quotes from direct carriers, independent agents, and exclusive agents. Direct companies and exclusive agencies can only quote rates from one company like Progressive or Farmers Insurance, while independent agencies can quote prices from many different companies. Click to view companies
3. Compare the new rate quotes to the premium of your current policy to see if you can save by switching companies. If you can save money, make sure the effective date of the new policy is the same as the expiration date of the old one.
4. Provide proper notification to your current company of your intent to cancel your current car insurance policy. Submit payment along with a signed and completed policy application to the new company. Be sure to keep the new certificate verifying proof of insurance in an easily accessible location.

A tip to remember is to try to use the same physical damage deductibles and liability limits on each price quote and to quote with as many companies as possible. This ensures the most accurate price comparison and maximum price selection.

Other resources

• Credit and Insurance Scores (Insurance Information Institute)
• Who Has Affordable Car Insurance Rates for Ride Shares in Charlotte? (FAQ)
• Who Has the Cheapest Auto Insurance Rates for Drivers Over Age 70 in Charlotte? (FAQ)
• Who Has Cheap Auto Insurance Quotes for a Nissan Versa in Charlotte? (FAQ)
• Who Has Affordable Auto Insurance for Uninsured Drivers in Charlotte? (FAQ)
• Distracted Driving Statistics (Insurance Information Institute)
• Honda warning system reduces insurance claims (Insurance Institute for Highway Safety)
• What are my Rights when Filing a Claim? (Insurance Information Institute)
• Insuring a Leased Car (Insurance Information Institute)