Auto Insurance Quotes for a Honda Ridgeline in Columbus

Want a free price quotes on more affordable Honda Ridgeline insurance in Columbus? Being forced to pay for expensive auto insurance premiums can drain your funds and force you to make sacrifices. Shopping your coverage around is free and is an excellent way to reduce premiums and put more money in your pocket.

We don’t have to point out that fact that car insurance companies don’t want customers comparing rates. Consumers who shop around once a year are likely to move their business because there is a good chance of finding more affordable rates. A study showed that people who did price comparisons regularly saved approximately $70 a month as compared to drivers who never shopped around for lower prices.

If finding the cheapest rates on car insurance is your intention, then understanding how to compare cheaper coverage can save time, money, and frustration.

Steps to finding affordable quotes for Honda Ridgeline insurance in Columbus

The preferred way to get cheaper auto insurance rates in Columbus is to make a habit of comparing prices annually from different companies who can sell car insurance in Ohio. Drivers can shop around by following these steps.

Step 1: Try to learn a little about how companies set rates and the things you can control to keep rates in check. Many policy risk factors that result in higher prices such as high-risk driving behaviors and a not-so-good credit rating can be amended by making small lifestyle or driving habit changes.

Step 2: Request price quotes from independent agents, exclusive agents, and direct companies. Direct companies and exclusive agencies can only give rate quotes from a single company like GEICO or Allstate, while independent agencies can quote rates from many different companies.

Step 3: Compare the new rate quotes to your existing policy to see if a cheaper price is available in Columbus. If you can save some money and buy the policy, make sure the effective date of the new policy is the same as the expiration date of the old one.

Step 4: Tell your current agent or company to cancel your current policy. Submit a down payment along with a completed application for the new policy. Once the application is submitted, place the new certificate of insurance in an easily accessible location.

An important part of this process is that you use identical deductibles and limits on each quote and and to get prices from as many companies as feasibly possible. This helps ensure an apples-to-apples comparison and the best price quote selection.

Since you have so many options for buying affordable insurance for a Honda Ridgeline in Columbus, it can be difficult for drivers to locate the lowest price insurer.

This article’s intent is to teach you a little about how to get online quotes and some money-saving tips. If you are paying for car insurance now, you will definitely be able to reduce premiums using the ideas covered in this article. Drivers just have to know the fastest way to buy car insurance from multiple carriers.

Rates and statistics

The information shown next outlines different policy rates for Honda Ridgeline models. Having a better understanding of how insurance premiums are calculated can be of help when making decisions when choosing a new policy provider.

Price data assumes single female driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Ohio minimum liability limits. Discounts applied include multi-policy, claim-free, multi-vehicle, safe-driver, and homeowner. Prices do not factor in vehicle location which can decrease or increase coverage prices greatly.

Deductible analysis

A question often asked by Columbus drivers is how high should the deductibles for physical damage be. The comparisons below may aid in understanding how much more rates are when you select higher and lower comp and collision deductibles. The first pricing table uses a $100 deductible for physical damage and the second price chart uses a $1,000 deductible.

Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, and Ohio minimum liability limits. Discounts applied include claim-free, multi-policy, multi-vehicle, homeowner, and safe-driver. Information does not factor in specific location which can raise or lower premium rates considerably.

Based on the above data, using a $100 deductible will cost you roughly $25 more each month or $300 for a full year than buying the higher $1,000 deductible. Because you would be required to pay $900 more to settle a claim with a $1,000 deductible as compared to a $100 deductible, if you tend to have more than 36 months between claims, you would probably save some money if you opt for a higher deductible.

The example below highlights how deductible selection and can influence Honda Ridgeline insurance premiums for different insured age categories. The premiums assume a single male driver, full physical damage coverage, and no other discounts are factored in.

Difference between full coverage and liability only rates

The chart below illustrates the comparison of Honda Ridgeline insurance costs with full coverage compared to only the Ohio minimum liability coverage. The price estimates are based on no tickets, no at-fault accidents, $500 deductibles, marital status is single, and no policy discounts are applied.

When to stop paying for full coverage

There is no clear-cut formula to exclude comprehensive and collision coverage on your policy, but there is a guideline you can use. If the annual cost of your full coverage insurance is more than about 10% of the replacement cost minus the deductible, then it may be the right time to buy liability only.

For example, let’s assume your Honda Ridgeline replacement cost is $6,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled, the most your company would pay you is $5,000 after paying your deductible. If you are paying over $500 a year for your policy with full coverage, then you might want to think about dropping full coverage.

There are a few cases where removing full coverage is not in your best interest. If you have an outstanding loan on your vehicle, you have to maintain full coverage to protect the lienholder’s interest. Also, if your finances do not allow you to purchase a different vehicle if your current one is damaged, you should maintain full coverage.

Insurance Cost Influencing Factors

An important part of buying insurance is that you know the factors that help determine the rates you pay for auto insurance. When consumers understand what impacts premium levels, this helps enable you to make changes that could result in lower premium levels.

• Women pay lower prices – Statistics demonstrate that men are more aggressive behind the wheel. The data does not necessarily mean that males are worse at driving than females. Men and women are responsible for fender benders at about the same rate, but guys have accidents that have higher claims. Men also tend to get cited for more serious violations like DUI and reckless driving. Young males have the highest risk to insure and are penalized with high auto insurance rates.

  The chart below visualizes the comparison of Honda Ridgeline auto insurance costs for male and female drivers. The price estimates are based on no accidents or driving violations, full coverage, $250 deductibles, marital status is single, and no policy discounts are applied.

• Teenagers are high risk – Mature drivers are more responsible, cost insurance companies less in claims, and usually have better credit. Teen drivers are statistically proven to be more careless with other occupants in the car and because of this, their auto insurance rates are much higher.

  The data below is based on a single driver, full coverage with $100 deductibles, and no discounts or violations.

• Location can affect price – Living in smaller towns and rural areas of the country has definite advantages when insuring your vehicles. Less people living in that area means reduced accidents in addition to lower liability claims. Drivers in populated Ohio areas regularly have congested traffic and longer commute times. Longer commute distances means more chances of being involved in an auto accident.
• Low deductibles can be expensive – Physical damage coverage, also called ‘full coverage’, covers damage that occurs to your Honda. Examples of some claims that would be covered would be a broken side mirror, hitting a deer, and damage caused by flying debris. Comprehensive and collision coverage deductibles state the amount of money you are willing to pay before a claim is paid by your company. The more you choose to pay out-of-pocket, the lower your rates will be.

• Good drivers pay the best prices – Just one moving violation could increase your next policy renewal by as much as thirty percent. Drivers who don’t get tickets get better rates than people who have multiple driving citations. Drivers who have careless tickets like DUI, reckless driving or excessive speeding may need to complete a SR-22 with their state in order to prevent their license from being revoked.

  The illustration below illustrates how traffic citations and at-fault fender-benders can affect Honda Ridgeline car insurance costs for each age group. The premiums assume a single female driver, comprehensive and collision coverage, $500 deductibles, and no policy discounts are applied.

• Annual miles is a factor – Driving more miles annually the higher the price you pay to insure it. A lot of companies calculate prices based on how the vehicle is used. Cars used primarily for pleasure use receive lower rates than vehicles that are driven to work every day. Incorrect rating for your Ridgeline is throwing money out the window. It’s always a good idea to double check that your policy shows annual mileage, because it can save money.

You can lower your car insurance rates

We covered many ways to shop for Honda Ridgeline insurance online. The key thing to remember is the more companies you get premium rates for, the better chance you’ll have of finding cheaper Columbus car insurance quotes. Consumers could even find that the lowest auto insurance rates come from a small local company. These smaller insurers may only write in your state and offer lower premium rates compared to the large companies like Progressive or GEICO.

Some insurance providers don’t offer online quoting and these regional carriers work with local independent agents. Cost effective Honda Ridgeline insurance is possible from both online companies and from local insurance agents, so you should be comparing quotes from both to get a complete price analysis.

Steps to finding discount Honda Ridgeline insurance in Columbus

Truthfully, the best way to save on auto insurance rates is to start comparing prices yearly from providers who provide auto insurance in Columbus. Rate comparisons can be done by completing these steps.

First, read and learn about car insurance and the measures you can control to lower rates. Many risk factors that increase rates such as distracted driving and an unfavorable credit rating can be improved by making small lifestyle or driving habit changes.

Second, obtain price quotes from independent agents, exclusive agents, and direct companies. Exclusive and direct companies can only provide price estimates from one company like Progressive or State Farm, while agents who are independent can provide prices for many different companies.

Third, compare the new quotes to the premium of your current policy to see if a cheaper price is available. If you find a better price and decide to switch, ensure there is no coverage lapse between policies.

Fourth, tell your current company of your intention to cancel your current coverage. Submit the required down payment along with the signed application to the new company. As soon as you have the new policy, place the new certificate verifying proof of insurance in an easily accessible location in your vehicle.

An essential thing to point out is to compare the same deductibles and limits on every quote request and and to get quotes from every insurance company. Doing this helps ensure an accurate price comparison and a thorough price selection.

Additional car insurance information is located on the following sites:

• How do I File a Claim? (Insurance Information Institute)
• Who Has Cheap Columbus Auto Insurance Rates for High School Students? (FAQ)
• How Much are Columbus Auto Insurance Quotes for Uninsured Drivers? (FAQ)
• State Car Insurance Guides (GEICO)
• Teen Driver Licensing Information (iihs.org)