Do you want to learn how to find cheaper Honda Pilot insurance in Minneapolis? Finding low-cost insurance for a new or used Honda Pilot in Minnesota could be an all-consuming task, but you can learn our insurance buying tips to make it easier. There are more efficient ways to find insurance online and we’ll show you the proper way to compare rates for your Honda and locate the lowest price from both online companies and Minneapolis agents.
Amazingly, a recent NerdWallet.com study showed that the majority of drivers renewed their policy with the same company for over three years, and 38% of drivers have never shopped around. U.S. drivers can cut their rates by up to $860 a year, but they just feel it’s too hard to compare rates and save money.
It’s a good habit to do price comparisons before your policy renews since insurance prices are variable and change quite frequently. Even if you think you had the best deal on Honda Pilot insurance in Minneapolis six months ago the chances are good that you can find a lower rate quote today. You can search a lot of Pilot insurance online but in this article, you’re going to get some great ideas on how to reduce your insurance bill.
If you have coverage now or want to find a cheaper company, use these cost-cutting techniques to find the best rates without sacrificing coverage. Locating the cheapest policy in Minneapolis is easy if you know what you’re doing. Consumers just have to understand the quickest method to find the lowest price online from multiple companies.
Lowering your car insurance rates can be surprisingly simple. The only thing you need to do is take the time comparing rate quotes to see which company has inexpensive Minneapolis car insurance quotes.
The companies shown below have been selected to offer comparison quotes in Minnesota. If you want to find cheap auto insurance in Minneapolis, MN, we recommend you get price quotes from several of them to find the lowest car insurance rates.
Choosing the best Honda Pilot insurance in Minnesota is an important decision
Even though it’s not necessarily cheap to insure a Honda in Minneapolis, insuring your vehicle is required for several reasons.
- Most states have mandatory insurance requirements which means state laws require specific minimum amounts of liability coverage if you want to drive legally. In Minnesota these limits are 30/60/10 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
- If you bought your Honda with a loan, almost all lenders will stipulate that you carry insurance to guarantee payment of the loan. If coverage lapses or is canceled, the bank or lender will purchase a policy for your Honda for a much higher rate and force you to reimburse them the higher premium.
- Car insurance protects both your vehicle and your personal assets. It also can pay for medical transport and hospital expenses that are the result of an accident. One policy coverage, liability insurance, also covers all legal expenses up to the policy limit if you cause an accident and are sued. If your vehicle suffers damage from an accident or hail, your policy will pay to repair the damage minus the deductible amount.
The benefits of buying car insurance are definitely more than the cost, particularly for liability claims. The average driver in America is currently overpaying as much as $865 each year so you should quote and compare rates each time the policy renews to help ensure money is not being wasted.
Premium rates and analysis
The price information displayed next highlights different rate quotes for Honda Pilot models. Having a better understanding of how policy premiums are established can help drivers make decisions when shopping around.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Pilot LX 2WD | $168 | $262 | $428 | $26 | $128 | $1,012 | $84 |
| Pilot EX 2WD | $190 | $262 | $428 | $26 | $128 | $1,034 | $86 |
| Pilot EX 4WD | $190 | $262 | $428 | $26 | $128 | $1,034 | $86 |
| Pilot EX-L 2WD | $190 | $320 | $428 | $26 | $128 | $1,092 | $91 |
| Pilot EX-L 4WD | $190 | $320 | $428 | $26 | $128 | $1,092 | $91 |
| Pilot Touring 2WD | $190 | $320 | $428 | $26 | $128 | $1,092 | $91 |
| Pilot Touring 4WD | $190 | $320 | $428 | $26 | $128 | $1,092 | $91 |
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Above prices assume single female driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Minnesota minimum liability limits. Discounts applied include safe-driver, multi-policy, multi-vehicle, homeowner, and claim-free. Rate information does not factor in specific location information which can influence auto insurance rates considerably.
The illustration below illustrates how your deductible choice and can impact Honda Pilot yearly insurance costs for each different age category. The rates are based on a single male driver, full coverage, and no additional discounts are factored in.
Violations and accidents raise rates
The diagram below illustrates how violations and fender-benders can increase Honda Pilot insurance prices for different age groups of insureds. The rate quotes are based on a single female driver, full physical damage coverage, $250 deductibles, and no policy discounts are applied.
Premiums by gender and age
The information below illustrates the comparison of Honda Pilot insurance costs for male and female drivers. The rate quotes are based on no accidents or driving violations, full coverage, $500 deductibles, drivers are single, and no discounts are applied to the premium.
These seven discounts can cut Honda Pilot insurance rates
Insurance is neither fun to buy or cheap, but there’s a good chance there are discounts that can drop the cost substantially. Some discounts will apply when you quote, but some discounts are required to be inquired about before you will receive the discount.
- Multi-Vehicle Discounts – Buying coverage for multiple cars with one company could earn a price break for each car.
- One Accident Forgiven – This one is not really a discount per se, but some companies like Allstate and Progressive will allow you to have one accident without the usual rate increase with the catch being you have to be claim-free before the accident.
- No Claim Discounts – Good drivers with no accidents pay much less in comparison with insureds who have frequent claims or accidents.
- Discount for New Cars – Buying a new car model can cost up to 25% less because newer models have to meet stringent safety requirements.
- Good Driver Discount – Insureds without accidents can pay as much as 50% less than less cautious drivers.
- Bundle and Save – If you can combine your auto and homeowners policy and place coverage with the same company you may save up to 20% and get you low cost Honda Pilot insurance.
- Clubs and Organizations – Being a member of qualifying clubs or civic groups could qualify you for a break on your bill.
As a footnote on discounts, most credits do not apply to the whole policy. Most only apply to the price of certain insurance coverages like comprehensive or collision. So when the math indicates you can get free auto insurance, nobody gets a free ride.
The chart below visualizes the comparison of Honda Pilot car insurance rates with and without discounts. Data assumes a female driver, no violations or claims, Minnesota state minimum liability limits, full coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, homeowner, safe-driver, multi-car, marriage, and claim-free discounts applied.
To locate companies that offer many of these discounts in Minneapolis, follow this link.
Different people need different car insurance coverages
When selecting your policy, there really isn’t a “perfect” insurance plan. Coverage needs to be tailored to your specific needs so your insurance should reflect that
These are some specific questions could help you determine if you may require specific advice.
- What discounts do I qualify for?
- How can I force my company to pay a claim?
- I don’t drive much so do I pay less?
- Is my custom paint covered by insurance?
- Exactly who is provided coverage by my policy?
- Should I get collision insurance on every vehicle?
- I have good health insurance, so how much medical payments coverage do I need?
- Is my trailer covered?
- How much liability insurance is required?
- When does my teenage driver need to be added to my policy?
If it’s difficult to answer those questions but one or more may apply to you then you might want to talk to an insurance agent. If you don’t have a local agent, complete this form or go to this page to view a list of companies. It is quick, free and can provide invaluable advice.