Save Money on Honda Pilot Insurance in Toledo

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Sadly, most auto insurance policyholders have been with the same company for at least four years, and nearly 40% of drivers have never shopped around. Most drivers in Ohio could save up to $729 every year, but they just assume it's a time-consuming process to compare rate quotes.

Insurance rates Honda Pilot in ToledoIt takes a little time, but the best way to find low-cost Honda Pilot insurance is to compare quotes once a year from insurers who sell insurance in Toledo.

First, try to learn about car insurance and the measures you can control to prevent expensive coverage. Many rating criteria that result in higher rates such as accidents, careless driving, and bad credit can be controlled by making lifestyle changes or driving safer.

Second, obtain price quotes from independent agents, exclusive agents, and direct companies. Direct and exclusive agents can only provide price estimates from one company like GEICO or Allstate, while agents who are independent can quote prices for a wide range of insurance providers.

Third, compare the new rate quotes to your current policy premium to determine if switching companies saves money. If you find a lower rate quote and decide to switch, verify that coverage does not lapse between policies.

Fourth, notify your company or agent to cancel the current policy and submit payment and a completed application to the newly selected company. When you receive it, place the new proof of insurance certificate in a readily accessible location in your vehicle.

The most important part of this process is to compare identical coverage information on each quote request and and to get rates from as many carriers as you can. Doing this ensures an accurate price comparison and a thorough selection of prices.

If you currently have car insurance, you will be able to reduce the price you pay using the techniques presented in this article. Finding the lowest cost car insurance coverage in Toledo is not as hard as you think. But Ohio car owners must comprehend the way insurance companies charge you for coverage and use this information to your advantage.

Best companies for Honda Pilot insurance

The companies shown below have been selected to offer quotes in Ohio. To find cheap car insurance in Toledo, it's a good idea that you click on several of them to find the cheapest auto insurance rates.

Statistics and details

The information displayed next showcases different policy rates for Honda Pilot models. Having knowledge of how policy rates are figured can benefit drivers when making informed decisions.

Honda Pilot Insurance Rates in Toledo, OH
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Pilot LX 2WD $94 $158 $256 $16 $76 $600 $50
Pilot EX 2WD $106 $158 $256 $16 $76 $612 $51
Pilot EX 4WD $106 $158 $256 $16 $76 $612 $51
Pilot EX-L 2WD $106 $192 $256 $16 $76 $646 $54
Pilot EX-L 4WD $106 $192 $256 $16 $76 $646 $54
Pilot Touring 2WD $106 $192 $256 $16 $76 $646 $54
Pilot Touring 4WD $106 $192 $256 $16 $76 $646 $54
Get Your Own Custom Quote Go

Price data assumes single male driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Ohio minimum liability limits. Discounts applied include claim-free, multi-vehicle, multi-policy, homeowner, and safe-driver. Price estimates do not factor in vehicle garaging location which can affect coverage prices noticeably.

Insurance deductibles

When comparing insurance rates, the most common question is which deductibles should you choose. The data tables below can help you understand the difference in cost between low and high policy deductibles. The first price estimate table uses a $250 deductible for comprehensive and collision coverage and the second set of prices uses a $1,000 deductible.

Honda Pilot insurance policy rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Pilot LX 2WD $176 $242 $226 $14 $68 $751 $63
Pilot EX 2WD $198 $242 $226 $14 $68 $773 $64
Pilot EX 4WD $198 $242 $226 $14 $68 $773 $64
Pilot EX-L 2WD $198 $296 $226 $14 $68 $827 $69
Pilot EX-L 4WD $198 $296 $226 $14 $68 $827 $69
Pilot Touring 2WD $198 $296 $226 $14 $68 $827 $69
Pilot Touring 4WD $198 $296 $226 $14 $68 $827 $69
Get Your Own Custom Quote Go
Honda Pilot insurance policy rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Pilot LX 2WD $108 $152 $226 $14 $68 $568 $47
Pilot EX 2WD $122 $152 $226 $14 $68 $582 $49
Pilot EX 4WD $122 $152 $226 $14 $68 $582 $49
Pilot EX-L 2WD $122 $186 $226 $14 $68 $616 $51
Pilot EX-L 4WD $122 $186 $226 $14 $68 $616 $51
Pilot Touring 2WD $122 $186 $226 $14 $68 $616 $51
Pilot Touring 4WD $122 $186 $226 $14 $68 $616 $51
Get Your Own Custom Quote Go

Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Ohio minimum liability limits. Discounts applied include claim-free, safe-driver, homeowner, multi-vehicle, and multi-policy. Information does not factor in vehicle location which can change prices significantly.

Based on the data above, we can derive that using a $250 deductible would cost the average driver about $17 more each month or $204 every year than requesting the higher $1,000 deductible. Since the policyholder would be required to pay $750 more to settle a claim with a $1,000 deductible as compared to a $250 deductible, if you go at least 44 months between claims, you would probably be better off by selecting a higher deductible. The table below illustrates an example of how you can decide this on your own policy.

Average monthly premium for $250 deductibles: $67
Average monthly premium for $1,000 deductibles (subtract): - $50
Monthly savings from raising deductible: $17
Difference between deductibles ($1,000 - $250): $750
Divide difference by monthly savings: $750 / $17
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 44 months

Full coverage or liability only

The diagram below illustrates the difference between Honda Pilot car insurance rates with full coverage and liability only. The premium estimates are based on no claims, a clean driving record, $250 deductibles, single marital status, and no other discounts are factored in.

When to buy liability coverage only

There is no clear-cut rule that is best for determining when to drop physical damage insurance, but there is a general school of thought. If the annual cost of having full coverage is more than around 10% of the replacement cost minus the deductible, then it could be time to drop full coverage.

For example, let's pretend your Honda Pilot replacement cost is $3,000 and you have $1,000 deductibles. If your vehicle is severely damaged, the most you would get paid by your company is $2,000 after paying your deductible. If premiums are more than $200 annually to have full coverage, then it could be time to drop full coverage.

There are a few situations where dropping full coverage is not financially feasible. If you have an outstanding loan on your vehicle, you have to keep full coverage as part of the loan conditions. Also, if your finances do not allow you to purchase a different vehicle in the event your current vehicle is totaled, you should keep full coverage in place.

Cheaper Toledo insurance rates with discounts

Car insurance companies don't list all possible discounts in an easy-to-find place, so here is a list some of the best known in addition to some of the lesser obvious credits available to lower your premiums when you buy Toledo car insurance online. If you're not getting every credit possible, you may be paying too high a price.

  • Senior Citizen Rates - If you qualify as a senior citizen, you can get a slight reduction on a Toledo car insurance quote.
  • Memberships - Participating in qualifying clubs or civic groups is a good way to get lower rates on your next insurance statement.
  • Payment Method - If you can afford to pay the entire bill instead of monthly or quarterly installments you can actually save on your bill.
  • Toledo Homeowners Pay Less - Just owning your own home may earn you a small savings because owning a home means you have a higher level of financial diligence.
  • Life Insurance - If the company offers life insurance, you could get a lower price if you buy some life insurance too.
  • Passive Restraints and Air Bags - Factory air bags or automatic seat belts could see savings of up to 25% or more.
  • Government Employees - Employees or retirees of the government may reduce rates when you quote Toledo car insurance depending on your company.
  • Smart Student Discounts - Getting good grades may save as much as 25% on a Toledo car insurance quote. Earning this discount can benefit you until age 25.

A little note about advertised discounts, most discounts do not apply to the whole policy. The majority will only reduce the cost of specific coverages such as medical payments or collision. So when it seems like you would end up receiving a 100% discount, companies don't profit that way.

The illustration below compares Honda Pilot premium costs with and without discounts applied to the rates. The premium estimates are based on a female driver, no claims or violations, Ohio state minimum liability limits, comp and collision included, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, claim-free, multi-policy, multi-car, safe-driver, and marriage discounts applied.

To locate insurance companies that offer discounts in Toledo, click this link.

You may want advice from an insurance agency

Certain consumers still prefer to talk to an insurance agent and we recommend doing that The biggest benefit of comparing rate quotes online is that you can obtain better rates and still have a local agent. And supporting local insurance agents is especially important in Toledo.

By using this simple form, the quote information is submitted to companies in Toledo who will give competitive quotes for your business. There is no reason to contact any agents because prices are sent to you instantly. You can get cheaper car insurance rates and work with a local agent. If you want to compare prices from a particular provider, feel free to go to their quote page and complete a quote there.

If you want to buy car insurance from a reliable insurance agent, it helps to know the two types of agencies and how they are distinctly different. Agencies in Toledo can be classified as either independent agents or exclusive agents depending on their employer.

Independent Car Insurance Agents

Agents that choose to be independent are appointed with more than one company and that gives them the ability to insure with any number of different companies and find the cheapest rate. To transfer your coverage to a different company, your agent can just switch to a different company which is easy for the insured.

If you need cheaper car insurance rates, it's recommended you get some free quotes from multiple independent agents in order to compare the most rates. Many can place coverage with companies that do not advertise much which can be an advantage.

Featured below are Toledo independent insurance agents that may be able to give comparison quotes.

  • Fox Insurance
    4560 Heatherdowns Blvd # 103 - Toledo, OH 43614 - (419) 385-2797 - View Map
  • Detlef Insurance
    833 Woodville Rd - Toledo, OH 43605 - (419) 693-7458 - View Map

  • 1120 Madison Ave - Toledo, OH 43604 - (419) 243-1191 - View Map

More insurance agents

Exclusive Car Insurance Agencies

These type of agents normally can only provide a single company's rates and some examples include Allstate and State Farm. Exclusive agents are unable to provide other company's prices so they are skilled at selling on more than just price. Exclusive agents are usually well trained on sales techniques and that can be a competitive advantage. Consumers often use the same exclusive agent mainly due to high brand loyalty and the convenience of having all coverages with one company.

Shown below is a list of exclusive agents in Toledo that are able to give rate quotes.

More insurance agents

Picking the best insurance agency requires more thought than just the bottom line cost. The following questions are important to ask.

  • What discounts might you be missing?
  • How many years of experience in personal auto insurance do they have?
  • Which company do they place the most coverage with?
  • How often do they review coverages?
  • Will they make sure you get an adequate claim settlement?

Compare but don't skimp

Consumers who switch companies do it for a variety of reasons including extreme rates for teen drivers, policy cancellation, lack of trust in their agent or not issuing a premium refund. No matter why you want to switch, finding a great new company is not as hard as you think.

We just covered a lot of information how to save on Honda Pilot insurance in Toledo. The most important thing to understand is the more times you quote, the better your comparison will be. Consumers could even find that the best price on car insurance is with the smaller companies.

When searching for cheaper Toledo car insurance quotes, it's a bad idea to reduce needed coverages to save money. There have been many cases where consumers will sacrifice uninsured motorist or liability limits and learned later that they should have had better coverage. Your goal is to buy enough coverage for the lowest cost but still have enough coverage for asset protection.

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