Best Rates for Honda Element Insurance in San Antonio

Have you finally had enough of wondering where the money will come from to make your car insurance payment? You have the same problem as the majority of other drivers in Texas.

Discount Honda Element insuranceIt’s safe to assume that car insurance companies don’t want customers comparing rates. Drivers who compare rates annually are likely to buy a different policy because they stand a good chance of finding good coverage at a lower price. A recent study showed that consumers who routinely compared rates saved on average $850 each year as compared to drivers who don’t regularly compare prices.

If finding budget-friendly rates on auto insurance in San Antonio is the reason you’re here, then having an understanding of how to shop and compare car insurance can make the process more efficient. You have multiple insurance companies to insure vehicles with, and though it is a good thing to have a choice, it can be more challenging to find the lowest cost provider for Honda Element insurance in San Antonio.

It’s a good habit to compare premium rates before your policy renews because car insurance prices change quite often. Just because you had the best deal on Honda Element insurance in San Antonio a few years ago a different company probably has better rate quotes today. You can find a lot of misleading information regarding Element insurance on the web, but in a few minutes you can learn some great ideas on how to find affordable car insurance in San Antonio.

Honda Element insurance rate analysis

The table below covers different insurance policy prices for Honda Element models. Having insight into how car insurance premiums are determined can help drivers make smart choices when comparing insurance quotes.

Honda Element Insurance Rates in San Antonio, TX
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Element LX 2WD $230 $452 $496 $30 $148 $1,356 $113
Element LX 4WD $230 $452 $496 $30 $148 $1,356 $113
Element EX 2WD $230 $452 $496 $30 $148 $1,356 $113
Element EX 4WD $230 $452 $496 $30 $148 $1,356 $113
Element SC 2WD $230 $452 $496 $30 $148 $1,356 $113
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Table data assumes single female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Texas minimum liability limits. Discounts applied include safe-driver, claim-free, multi-policy, multi-vehicle, and homeowner. Prices do not factor in specific San Antonio garaging location which can decrease or increase coverage prices greatly.

Policy deductibles

The hardest decision when buying coverage is where to set your physical damage deductibles. The comparisons below can help you visualize the price difference between low and high policy deductibles. The first set of rates uses a $250 physical damage coverage deductible and the second price grid uses a $1,000 deductible.

Honda Element insurance rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Element LX 2WD $294 $496 $382 $22 $114 $1,333 $111
Element LX 4WD $294 $496 $382 $22 $114 $1,333 $111
Element EX 2WD $294 $496 $382 $22 $114 $1,333 $111
Element EX 4WD $294 $496 $382 $22 $114 $1,333 $111
Element SC 2WD $294 $496 $382 $22 $114 $1,333 $111
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Honda Element insurance rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Element LX 2WD $182 $312 $382 $22 $114 $1,012 $84
Element LX 4WD $182 $312 $382 $22 $114 $1,012 $84
Element EX 2WD $182 $312 $382 $22 $114 $1,012 $84
Element EX 4WD $182 $312 $382 $22 $114 $1,012 $84
Element SC 2WD $182 $312 $382 $22 $114 $1,012 $84
Get Your Own Custom Quote Go

Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include safe-driver, multi-policy, multi-vehicle, homeowner, and claim-free. Price information does not factor in specific garaging location which can modify coverage prices significantly.

Based on these figures, using a $250 deductible could cost the average driver approximately $27 more each month or $324 every year across all Honda Element models than selecting the higher $1,000 deductible. Due to the fact that 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 least 28 months between claim filings, you would save more money if you opt for a higher deductible.

The example below demonstrates how choosing different deductibles and can impact Honda Element insurance premiums for different age categories. The prices are based on a single male driver, comp and collision included, and no discounts are factored in.

Four Things That Influence Your Insurance Costs

The best way to find cheaper insurance is to take a look at the rating factors that play a part in calculating your policy premiums. When consumers understand what impacts premium levels, this enables informed choices that can earn you much lower annual insurance costs. Many factors are used when you get a price on insurance. Some factors are common sense such as traffic violations, but some are more transparent such as whether you are married or how financially stable you are.

The items below are a few of the things used by insurance companies to determine prices.

Policy add-ons add up – Policies have optional add-on coverages you can purchase on your Element policy. Insurance for replacement cost coverage, accidental death, and motor club memberships are probably not needed. They may seem good initially, but your money might be better spent on other coverage so remove them from your policy.

Theft deterrents save – Purchasing a vehicle with advanced anti-theft systems can help lower your rates. Systems that thwart thieves like OnStar, LoJack tracking, and tamper alarms can thwart your car from being stolen.

Women tend to be lower risk – Statistics have proven that females tend to be a little less risky than males. Now that doesn’t mean men are worse drivers. Both sexes are responsible for accidents at about the same rate, but the males cause more damage. In addition to higher claims, males also get cited for more serious violations like DWI (DUI) or reckless driving. Males from age 16 to 21 generally have the highest accident percentage and are penalized with high insurance rates.

The example below illustrates the difference between Honda Element insurance costs for male and female drivers. The rate quotes are based on a clean driving record, no claims, full coverage, $1,000 deductibles, single status, and no discounts are factored in.

Higher rates for tough vocations – Do you work in a high-stress field? Occupations like doctors, air traffic controllers, and financial analysts generally have higher average rates because of intense work requirements and extremely grueling work hours. Conversely, occupations like farmers, historians and the unemployed have lower than average premiums.

Be persistent and save

A few companies may not provide price quotes online and most of the time these small insurance companies provide coverage only through independent agencies. Budget-friendly car insurance in San Antonio is attainable on the web and with local San Antonio insurance agents, and you should be comparing both to have the best chance of lowering rates.

When shopping online for car insurance, never buy lower coverage limits just to save a few bucks. There are a lot of situations where someone dropped liability limits or collision coverage only to regret at claim time that the small savings ended up costing them much more. The aim is to get the best coverage possible at the lowest possible cost while not skimping on critical coverages.

We’ve covered a lot of information how to reduce Honda Element insurance premium rates online in San Antonio. The key thing to remember is the more you quote San Antonio auto insurance, the higher your chance of finding the cheapest Honda Element rate quotes. You may even find the lowest premium rates come from an unexpected company.

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