Finding low cost Honda Insight insurance in Atlanta could be kind of frustrating for people not familiar with quoting and comparing prices online. You have so many options that it can be a real difficult job to find more affordable prices in Georgia.
Sadly, a large majority of drivers kept their coverage with the same insurance company for more than four years, and just short of a majority have never even compared rates from other companies. Drivers in Atlanta could save themselves up to 60% a year by just comparing quotes, but they just feel it's too hard to compare rates.
If you're already insured, you should be able to get lower rates using the ideas covered in this article. Quoting and comparing rates for the lowest-priced car insurance policy in Atlanta is actually quite simple. But Georgia drivers must know how big insurance companies calculate your policy premium because it can help you find the best coverage.
Companies offering Honda Insight insurance in Georgia
The providers in the list below are ready to provide free rate quotes in Atlanta, GA. If multiple providers are shown, we suggest you visit two to three different companies to get a more complete price comparison.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Get Your Own Custom Quote Go|
Table data represents single male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Georgia minimum liability limits. Discounts applied include multi-vehicle, multi-policy, homeowner, safe-driver, and claim-free. Price estimates do not factor in specific location information which can revise insurance rates greatly.
Full coverage versus liability-only in Atlanta
The chart below visualizes the comparison of Honda Insight insurance prices with full coverage and liability only. The costs are based on a clean driving record, no claims, $100 deductibles, single female driver, and no policy discounts are applied.
Should you pay for full coverage or liability only?
There is no definitive formula of when to stop paying for full coverage, but there is a general convention. If the annual cost of having full coverage is about 10% or more of the replacement cost minus the deductible, then you might want to think about dropping full coverage.
For example, let's assume your Honda Insight settlement value is $7,000 and you have $1,000 physical damage deductibles. If your vehicle is severely damaged, the most you would receive is $6,000 after paying the physical damage deductible. If you are currently paying more than $600 a year for full coverage, then you might want to think about dropping full coverage.
There are some cases where dropping full coverage is not a good idea. If you still owe a portion of the original loan, you have to carry full coverage to protect the lienholder's interest in the vehicle. Also, if you cannot afford to purchase a different vehicle in case of an accident, you should not consider dropping full coverage.
Car insurance deductibles
The illustration below shows how choosing a deductible and can increase or decrease Honda Insight annual premium costs for each different age group. The data is based on a single female driver, comp and collision included, and no discounts are applied.
How Your Insight Insurance Premiums are Determined
It's important that you understand the rating factors that are used to determine insurance rates. If you have a feel for what impacts premium levels, this empowers consumers to make smart changes that may result in cheaper rates. Many factors are part of the equation when you get your auto insurance bill. Some are obvious such as traffic violations, but some are less obvious like your continuous coverage or your vehicle rating.
Improve your credit rating - Having a good credit score is a big factor in calculating your insurance rates. Therefore, if your credit score can use some improvement, you could pay less to insure your Honda Insight by improving your rating. Consumers who have very high credit ratings tend to be better drivers and file fewer claims than those with worse credit.
Drive less and get lower prices - Driving more miles annually the more you will pay for insurance. Most companies rate vehicles based upon how much you drive. Cars and trucks that do not get driven very much receive better premium rates than cars that get driven a lot. Double check that your policy properly reflects the correct driver usage. Incorrect rating for your Insight is throwing money out the window.
Increase coverage deductibles to save - Your deductibles tell how much you are required to spend if a covered claim is submitted. Coverage for physical damage, also known as collision and other-than-collision, covers damage that occurs to your car. Some examples of claims that would be covered would be colliding with a stationary object, damage from fire, or theft of your vehicle. The higher the amount the insured has to pay upfront, the lower your rates will be.
Driving citations can increase rates - Only having one moving violation can increase the cost of insurance by as much as thirty percent. Careful drivers tend to pay less for car insurance compared to bad drivers. Drivers with serious citations such as reckless driving, hit and run or driving under the influence may face state-mandated requirements to file a SR-22 with their state in order to legally drive a vehicle.
Your liability insurance limits - A critical coverage on your policy, liability insurance is the coverage that protects you if you are determined to be liable for an accident. It provides legal defense which can cost thousands of dollars. This coverage is relatively inexpensive compared to comp and collision, so do not skimp.
Safer vehicles means lower prices - Safe vehicles get lower rates. The safest vehicles help reduce the chance of injuries in an accident and reduced instances of injuries translates into savings for insurance companies and cheaper rates on your policy.
Decrease insurance rates by maintaining coverage - Allowing your insurance policy to lapse will be a quick way to bump up your insurance costs. And not only will insurance be more expensive, the inability to provide proof of insurance might get you fines or a revoked license.
Get hitched and pay less - Getting married may cut your premiums on your insurance policy. It demonstrates that you tend to be more financially stable and it's proven that drivers who are married file infrequent claims.
Verify you're applying every discount
Not many people think insurance is cheap, but you can get discounts that you may not know about. Larger premium reductions will be automatically applied when you purchase, but a few must be asked about before you will receive the discount.
- Drivers Education - Reduce the cost of insurance for teen drivers by having them successfully complete driver's ed class as it will make them better drivers and lower rates.
- Early Signing - Select car insurance companies give a discount for buying a policy before your current expiration date. Ten percent is about the average savings.
- Discount for Multiple Policies - If you have multiple policies and place coverage with the same company you could earn a discount of as much as 10 to 15 percent.
- Save with a New Car - Buying insurance on a new vehicle is cheaper due to better safety requirements for new model year vehicles.
- Telematics Discount - Insureds who allow driving data submission to spy on their driving habits by using a telematics device such as Drivewise from Allstate or Snapshot from Progressive could see a rate decrease if they exhibit good driving behavior.
- Responsible Driver Discount - Drivers who don't get into accidents may receive a discount up to 45% compared to rates paid by drivers with frequent claims.
- Clubs and Organizations - Being in certain professional organizations may earn a discount on your next renewal.
- Discounts for Government Workers - Having worked for a branch of the government can save as much as 8% but check with your company.
As a sidenote, some credits don't apply to the entire cost. A few only apply to specific coverage prices like comprehensive or collision. So when it seems like all the discounts add up to a free policy, that's just not realistic.
Large car insurance companies and some of the discounts are:
- Progressive offers discounts including multi-policy, good student, continuous coverage, homeowner, online quote discount, and multi-vehicle.
- Farmers Insurance offers discounts for mature driver, pay in full, youthful driver, good student, homeowner, teen driver, and early shopping.
- Farm Bureau discounts include multi-vehicle, good student, youthful driver, renewal discount, driver training, 55 and retired, and safe driver.
- State Farm includes discounts for multiple policy, Steer Clear safe driver discount, driver's education, Drive Safe & Save, and safe vehicle.
- GEICO has savings for multi-vehicle, military active duty, daytime running lights, membership and employees, and federal employee.
- SAFECO offers premium reductions for anti-lock brakes, safe driver, multi-car, teen safety rewards, homeowner, and anti-theft.
- Liberty Mutual may offer discounts for newly married, newly retired, new vehicle discount, multi-policy, multi-car, and exclusive group savings.
If you are trying to find affordable Atlanta car insurance quotes, ask every insurance company to give you their best rates. Some of the earlier mentioned discounts may not apply to policyholders in Atlanta. To choose companies that have a full spectrum of discounts in Georgia, click here to view.
Insurance agent or online?
Some people still prefer to sit down with an agent and that is not a bad decision The best thing about comparing rate quotes online is that you can find the lowest rates and still buy from a local agent. Buying insurance from neighborhood insurance agencies is definitely important in Atlanta.
Upon completion of this simple form, your insurance coverage information is submitted to insurance agents in Atlanta who want to provide quotes to get your business. You won't even need to visit any agencies because quoted prices will be sent immediately to your email address. You'll get the best rates and an insurance agent to talk to. If you wish to get a comparison quote from one company in particular, don't hesitate to jump over to their website and submit a quote form there.
What types of car insurance agents are in Atlanta?
When looking for a reliable insurance agent, it can be helpful to understand the different types of agencies from which to choose. Agents are categorized either independent agents or exclusive agents.
Independent Insurance Agencies or Brokers
Agents that elect to be independent are not limited to a single company and that gives them the ability to insure through many companies and help determine which has the cheapest rates. If your agent finds better pricing, your agent can just switch to a different company which is easy for the insured.
When comparing insurance prices, you will definitely want to contact a few independent agents to have the best price comparison. Many write coverage with less well-known companies who may have lower rates.
Listed below is a short list of independent insurance agencies in Atlanta that may be able to provide competitive price quotes.
- Discount Auto Insurance Agency Inc
1149 Moreland Ave SE # 4 - Atlanta, GA 30316 - (404) 624-3102 - View Map
- Morris and Templeton Insurance
3405 Piedmont Rd NE #500 - Atlanta, GA 30305 - (912) 355-4549 - View Map
- Access General Agency Inc
1627 Peachtree St NE - Atlanta, GA 30309 - (404) 817-9744 - View Map
Exclusive agencies normally can only provide a single company's rates and some examples include Allstate, Farmers Insurance or State Farm. These agents are not able to give you multiple price quotes so if the price isn't competitive there isn't much they can do. They are well schooled on their company's products and that allows them to sell at a higher price point. Drivers often buy insurance from these agents partially due to the brand legacy and the convenience of having all coverages with one company.
Shown below is a short list of exclusive agents in Atlanta that can give you price quotes.
- Geoff Carlson - State Farm Insurance Agent
1465 Chattahoochee Ave NW #550 - Atlanta, GA 30318 - (678) 927-9977 - View Map
- DeWayne Hrabowski - State Farm Insurance Agent
1120 Ralph David Abernathy Blvd SW #4 - Atlanta, GA 30310 - (404) 758-5400 - View Map
- Barry Domangue - State Farm Insurance Agent
1355 Peachtree St NE Ste 103 - Atlanta, GA 30309 - (404) 853-3772 - View Map
Choosing a insurance agent requires more thought than just the quoted price. Here are some questions you might want to ask.
- Can glass claims be handled at your home?
- Is the quote a firm price?
- Is there a Errors and Omissions policy in force?
- Is the agent CPCU or CIC certified?
- Does the company use OEM repair parts?
Beware of misleading car insurance ads
Popular car insurance providers such as 21st Century, Allstate and State Farm endlessly run ads on television and other media. All the ads make the point that you can save after switching your coverage to them. How can each company offer drivers better rates? It's all in the wording.
Insurance providers have strict underwriting profiles for the driver that will not have excessive claims. One example of a preferred risk might be between the ages of 30 and 50, has no claims, and drives a car with an anti-theft system. Anyone who fits those characteristics is entitled to the best price and is almost guaranteed to save a lot of money.
Insureds who do not fit the requirements may be forced to pay higher rates with the end result being the customer buying from a different company. The ads state "customers who switch" not "all people who quote" save that much money. This is how insurance companies can confidently make those statements.
This really emphasizes why you really should do a quote comparison often. Because you cannot predict which insurance companies will have the lowest rate quotes.
Persistence is the key to cheap rates
We just presented a lot of information how to lower your Honda Insight insurance rates in Atlanta. The key thing to remember is the more times you quote, the better your chances of lowering your car insurance rates. You may even be surprised to find that the best rates are with some of the lesser-known companies.
When buying insurance coverage, it's not a good idea to buy lower coverage limits just to save a few bucks. In too many instances, someone sacrificed liability limits or collision coverage only to find out they didn't purchase enough coverage. The ultimate goal is to purchase a proper amount of coverage at the best possible price and still be able to protect your assets.
Some insurance providers may not have rate quotes online and usually these smaller providers work with local independent agencies. Cheap Honda Insight insurance in Atlanta can be sourced from both online companies and from local insurance agents, so you need to compare both so you have a total pricing picture.
Much more information about insurance in Georgia is available at the links below
- How Much Auto Coverage do I Need? (Insurance Information Institute)
- What Car Insurance is Cheapest for a GMC Sierra in Atlanta? (FAQ)
- Who Has Cheap Car Insurance for a 20 Year Old Male in Atlanta? (FAQ)
- Five Tips to Save on Auto Insurance (Insurance Information Institute)
- Automakers compete to add autobraking (Insurance Institute for Highway Safety)