Honda Odyssey Insurance Rates in Santa Ana

Honda Odyssey insurance cost image courtesy of QuoteInspector.com

Statistics show that the vast majority of California car insurance customers kept their coverage with the same car insurance company for four years or more, and nearly the majority have never even shopped around for lower-cost coverage. Many consumers in the United States could save up to $860 a year, but they just assume it takes a lot of time to find lower-cost rates by getting comparison quotes.

Really, the only way to save money on car insurance rates is to do an annual price comparison from insurers in Santa Ana.

First, spend a few minutes and learn about how companies price auto insurance and the measures you can control to prevent expensive coverage. Many factors that cause high rates like high-risk driving behaviors and a less-than-favorable credit rating can be controlled by improving your driving habits or financial responsibility.

Second, quote rates from direct, independent, and exclusive agents. Exclusive and direct companies can only quote rates from one company like GEICO or Farmers Insurance, while independent agencies can provide price quotes from multiple insurance companies.

Third, compare the new rates to your current policy and determine if there is any savings. If you can save money and switch companies, make sure there is no coverage gap between policies.

Fourth, give notification to your agent or company of your decision to cancel your current policy. Submit a down payment and signed policy application to the newly selected company. When you receive it, place your new certificate verifying proof of insurance along with your vehicle registration.

One bit of advice is that you use the same physical damage deductibles and liability limits on each quote and and to analyze as many companies as you can. Doing this ensures a fair price comparison and maximum price selection.

When price shopping your coverage, comparing more quotes will enable you to find a lower rate than you're paying now.

The following companies can provide comparison quotes in California. If the list has multiple companies, we recommend you click on several of them in order to get a fair rate comparison.

Insurance coverage analysis

The table displayed below outlines different rate quotes for Honda Odyssey models. Having a better understanding of how insurance prices are calculated can aid in making smart choices when choosing a car insurance company.

Price data assumes single male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and California minimum liability limits. Discounts applied include multi-policy, safe-driver, homeowner, claim-free, and multi-vehicle. Table data does not factor in your specific Santa Ana location which can influence price quotes considerably.

The diagram below shows how choosing a deductible and can affect Honda Odyssey insurance costs for different age categories. The premiums assume a single female driver, full physical damage coverage, and no policy discounts are applied.

Car insurance is not optional

Despite the high cost, paying for car insurance serves a purpose in several ways.

• The majority of states have minimum mandated liability insurance limits which means state laws require a specific minimum amount of liability protection if you want to drive legally. In California these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.
• If your Honda Odyssey has a lienholder, almost every bank will require that you have insurance to guarantee loan repayment. If the policy lapses, the bank may buy a policy for your Honda for a much higher rate and force you to pay the higher premium.
• Insurance protects not only your vehicle but also your financial assets. It will also reimburse you for all forms of medical expenses for you, your passengers, and anyone else injured in an accident. Liability coverage also covers legal expenses in the event you are sued. If damage is caused by hail 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 insuring your car greatly outweigh the cost, particularly if you ever have a claim. The average driver in America overpays as much as $800 each year so it's important to compare rates every year to ensure rates are inline.

Honda Odyssey Insurance Rate Factors

One of the most helpful ways to save on insurance is to to have a grasp of the rating factors that aid in calculating your premiums. If you have a feel for what impacts premium levels, this allows you to make educated decisions that could help you find big savings.

• Where you reside plays a part - Residing in a rural area can save you money when trying to find low car insurance rates. People who live in big cities have to deal with much more traffic and much longer commute distances. Fewer people means less chance of accidents and a lower car theft rate.

• Poor driving leads to higher premiums - Drivers who don't get tickets pay lower auto insurance prices than bad drivers. Having a single citation can increase rates twenty percent or more. People who have flagrant violations such as DUI or willful reckless driving may face state-mandated requirements to complete a SR-22 with the DMV in their state in order to continue driving.

  The illustration below highlights how traffic violations and at-fault claims can affect Honda Odyssey car insurance costs for each age group. The data assumes a married female driver, full coverage, $500 deductibles, and no other discounts are factored in.

• Gender matters - Over time, data shows that females take fewer risks when driving. Now that doesn't mean females are better at driving than males. Both sexes tend to get into auto accidents in similar percentages, but the men cause more damage. Men also tend to have more aggressive citations like DUI and reckless driving.

  The diagram below shows the difference between Honda Odyssey auto insurance rates for male and female drivers. The information is based on no claims, a clean driving record, full coverage, $250 deductibles, drivers are not married, and no discounts are taken into consideration.
• Know your credit history - Having a good credit rating is a big factor in determining what you pay. Drivers with high credit scores tend to file fewer claims than those with lower ratings. Therefore, if your credit score is low, you could pay less to insure your Honda Odyssey by spending a little time repairing your credit.
• Lower coverage deductibles cost more - Physical damage protection, aka comp and collision, is used to repair damage to your vehicle. Some instances where coverage would apply are collision with another vehicle, damage caused by hail, and rolling your vehicle. Your deductibles define how much you are willing to pay if the claim is covered. The more the insured is willing to pay, the less money you will pay for insurance.

• Honda Odyssey statistical loss data - Insurers study historical loss data when setting premium rates. Vehicles that have a trend towards higher claim severity or frequency will have higher rates. The next table shows the collected loss data for Honda Odyssey vehicles.

  For each insurance policy coverage type, the claim amount for all vehicles averaged together is represented as 100. Percentage numbers below 100 suggest a positive loss record, while values over 100 show a trend for more claims or a tendency for losses to be larger than average.

  Honda Odyssey Insurance Claim Statistics

  Vehicle Model	Collision	Property Damage	Comp	Personal Injury	Medical Payment	Bodily Injury
  Honda Odyssey	78	83	75	82	78	71

  BETTER

  AVERAGE

  WORSE

  Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Honda Odyssey insurance discounts in Santa Ana

Insurance can cost an arm and a leg, but you may be missing some discounts to reduce the price significantly. Certain credits will be shown at the time of quoting, but a few need to be manually applied in order for you to get them.

• Early Payment Discounts - If paying your policy premium upfront rather than spreading payments over time you could save up to 5%.
• Theft Deterrent System - Cars, trucks, and SUVs with anti-theft systems are less likely to be stolen and will save you 10% or more on Odyssey insurance in Santa Ana.
• Data Collection Discounts - Santa Ana drivers who agree to allow their insurance company to monitor driving manner by using a telematics device in their vehicle like In-Drive from State Farm and Progressive's Snapshot could possibly reduce rates if they show good driving skills.
• Drive Less and Save - Driving fewer miles may enable drivers to earn lower car insurance rates on the low mileage vehicles.
• Waiver for an Accident - Not a discount per se, but companies like Allstate and State Farm may permit one accident before hitting you with a surcharge as long as you don't have any claims prior to being involved in the accident.
• Drivers Ed for Students - Teen drivers should successfully complete driver's ed class as it will make them better drivers and lower rates.
• Discounts for Government Workers - Having worked for a branch of the government could qualify for a slight premium decrease but check with your company.

Consumers should know that most discounts do not apply to the entire policy premium. Some only apply to the price of certain insurance coverages like medical payments or collision. So despite the fact that it appears you could get a free car insurance policy, it's just not the way it works. Any amount of discount should definitely cut the premium cost.

The illustration below compares Honda Odyssey insurance premiums with and without discounts applied to the policy premium. The costs are based on a male driver, no claims or violations, California state minimum liability limits, comprehensive and collision coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, marriage, multi-car, safe-driver, claim-free, and homeowner discounts applied.

If you would like to view companies who offer cheap Honda Odyssey insurance quotes in Santa Ana in California, follow this link.

Can't I compare rates from local Santa Ana car insurance agents?

Some people just prefer to sit down and talk to an agent and that is a smart decision The best thing about comparing rates online is that you can obtain cheap rate quotes and also buy local. And providing support for local insurance agents is still important in Santa Ana.

To make it easy to find an agent, after completing this quick form, your insurance coverage information is immediately sent to local insurance agents in Santa Ana who will return price quotes to get your business. There is no need to leave your house since rate quotes are delivered to you instantly. You'll get the best rates without having to waste a lot of time. If you have a need to get a comparison quote from a particular provider, just find their quoting web page and fill out their quote form.

If you want a reliable agent, there are two different types of agents and how they differ in how they can insure your vehicles. Car insurance agencies are categorized either independent or exclusive depending on the company they work for.

Independent Agents

Agents that elect to be independent are normally appointed by many insurers and that allows them to write policies through many different car insurance companies and find the cheapest rate. To transfer your coverage to a different company, the agent simply finds a different carrier and you don't have to do anything.

When comparing rate quotes, it's a good idea to get insurance quotes from at least one independent agent to maximize your price options.

The following is a list of independent agents in Santa Ana that can give you free car insurance quotes.

View more Santa Ana agents

Exclusive Agencies

Exclusive agencies can usually just insure with one company like American Family, State Farm, and Allstate. Exclusive agencies are unable to provide prices from multiple companies so they are skilled at selling on more than just price. Exclusive agents are trained well on their products and sales techniques which helps offset the inability to provide other markets.

Below are exclusive insurance agents in Santa Ana that are able to give price quote information.

View more Santa Ana agents

Picking a insurance agent requires you to look at more than just a low price. These questions are important to ask:

• Do they have advanced training designations such as CPCU, AAI, AIC, or CIC?
• Does their agency support local causes in Santa Ana?
• How much experience to they have in personal lines coverages?
• Is the agent and/or agency licensed to do business in California?
• Is vehicle damage repaired with OEM or aftermarket parts?
• If your car is totaled, how to they determine the replacement cost?
• If you are a high risk driver, do they have special markets for your coverage?

Don't give up on cheap rates

As you restructure your insurance plan, it's a bad idea to reduce coverage to reduce premium. In many cases, an insured dropped physical damage coverage and discovered at claim time that the few dollars in savings costed them thousands. Your goal is to purchase a proper amount of coverage for the lowest cost and still be able to protect your assets.

Cheaper auto insurance in Santa Ana can be bought on the web and from local insurance agents, so you should be comparing quotes from both in order to have the best chance of saving money. A few companies do not offer rate quotes online and these smaller providers sell through independent insurance agencies.

Helpful resources

• Things to Know Before you Cancel Insurance (Allstate)
• Who Has the Cheapest Auto Insurance Quotes for Electric Cars in Santa Ana? (FAQ)
• Who Has Cheap Car Insurance Rates for Drivers Over Age 60 in Santa Ana? (FAQ)
• Older Driver Statistics (Insurance Information Institute)
• Auto Insurance 101 (About.com)
• Honda warning system reduces insurance claims (Insurance Institute for Highway Safety)