How many times have you said it’s time to compare the cheapest Honda Fit insurance in Toledo? Trying to find cheaper insurance for your Honda Fit in Ohio can be a lot of work, but you can learn these tips to save time.
There are more efficient ways to compare car insurance rates and you need to know the best way to quote coverages for a Honda and find the lowest possible price from both online companies and Toledo agents.
If you have a policy now or just want to save money, follow these tips to reduce the price you pay while maintaining coverages. Finding the best-priced insurance coverage in Toledo is easy to do. Shoppers just have to know the most effective way to compare insurance rates online.
The car insurance companies shown below are our best choices to provide free rate quotes in Toledo, OH. If you want to find cheap auto insurance in Toledo, we recommend you visit as many as you can in order to get a fair rate comparison.
Companies offer many discounts on Honda Fit insurance in Toledo
Insuring your vehicles can cost a lot, but there could be available discounts to reduce the price significantly. Some of these discounts will be visible at the time of quoting, but some must be requested specifically before being credited.
- Multi-car Discount – Drivers who insure several vehicles on one policy can get a discount on all vehicles.
- No Accidents – Drivers who don’t have accidents get the best car insurance rates as compared to drivers who are more careless.
- Savings for New Vehicles – Putting insurance coverage on a new Fit can cost up to 25% less compared to insuring an older model.
- Driver’s Education for Students – Cut your cost by having your teen driver successfully complete driver’s ed class in school.
- Own a Home and Save – Owning a home in Toledo may trigger a policy discount on car insurance since owning and maintaining a home means you have a higher level of financial diligence.
- Discount for Low Mileage – Driving less can earn better car insurance rates on cars that stay parked.
- Waiver for an Accident – This one is not really a discount per se, but some insurance companies may permit one accident without raising rates with the catch being you have to be claim-free for a particular time prior to the accident.
- Service Members Pay Less – Being on active deployment in the military could be rewarded with lower premium rates.
While discounts sound great, it’s important to understand that most credits do not apply to the entire policy premium. Most cut specific coverage prices like collision or personal injury protection. Just because you may think you could get a free car insurance policy, it’s just not the way it works. But any discount will help reduce the amount you pay for coverage.
The illustration below compares Honda Fit car insurance costs with and without discounts applied. The rates are based on a male driver, no accidents, no driving violations, Ohio 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 marriage, safe-driver, multi-car, homeowner, claim-free, and multi-policy discounts applied.
Large car insurance companies and their offered discounts are shown below.
- 21st Century offers discounts for early bird, defensive driver, teen driver, driver training, automatic seat belts, and 55 and older.
- Progressive discounts include online signing, multi-policy, continuous coverage, online quote discount, and homeowner.
- State Farm offers discounts including anti-theft, passive restraint, good driver, student away at school, driver’s education, and multiple policy.
- Nationwide policyholders can earn discounts including good student, defensive driving, family plan, accident-free, Farm Bureau membership, and business or organization.
- Esurance may offer discounts for homeowner, emergency road assistance, defensive driver, DriveSense, safety device, and Pac-12 alumni.
- The Hartford offers premium reductions for bundle, vehicle fuel type, air bag, anti-theft, defensive driver, good student, and driver training.
Before buying, ask all the companies to apply every possible discount. Discounts might not apply in Toledo. To choose insurers who offer cheap Honda Fit insurance quotes in Ohio, click here.
Coverage information
The premium information shown next highlights detailed analysis of policy rates for Honda Fit models. Being aware of how auto insurance premiums are figured can help guide drivers when making smart choices when purchasing an insurance policy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Fit | $120 | $252 | $144 | $10 | $44 | $570 | $48 |
| Fit Sport | $136 | $252 | $144 | $10 | $44 | $586 | $49 |
| Fit Sport VSA | $136 | $296 | $144 | $10 | $44 | $630 | $53 |
| Get Your Own Custom Quote Go | |||||||
Cost estimates assume married male driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Ohio minimum liability limits. Discounts applied include multi-policy, homeowner, multi-vehicle, safe-driver, and claim-free. Prices do not factor in specific garaging location which can lower or raise coverage prices noticeably.
Where to set your deductibles
One of the most common auto insurance questions is where to set your physical damage deductibles. The tables below highlight the differences in price when you select higher and lower deductibles. The first pricing table uses a $100 deductible and the second set of rates uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Fit | $170 | $352 | $150 | $10 | $44 | $751 | $63 |
| Fit Sport | $196 | $352 | $150 | $10 | $44 | $777 | $65 |
| Fit Sport VSA | $196 | $416 | $150 | $10 | $44 | $841 | $70 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Fit | $124 | $238 | $150 | $10 | $44 | $566 | $47 |
| Fit Sport | $142 | $238 | $150 | $10 | $44 | $584 | $49 |
| Fit Sport VSA | $142 | $280 | $150 | $10 | $44 | $626 | $52 |
| Get Your Own Custom Quote Go | |||||||
Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and Ohio minimum liability limits. Discounts applied include multi-policy, homeowner, safe-driver, multi-vehicle, and claim-free. Table data does not factor in garaging location in Toledo which can modify coverage rates substantially.
Based on this data, using a $100 deductible will cost you approximately $17 more each month or $204 for a full year than requesting the higher $500 deductible. Due to the fact that you would have to pay $400 more to settle a claim with a $500 deductible as compared to a $100 deductible, if you usually have more than 24 months between claims, you would probably come out ahead if you opt for a higher deductible.
The diagram below demonstrates how deductible levels and can change Honda Fit insurance costs for each age group. The data is based on a married female driver, comprehensive and collision coverage, and no discounts are taken into consideration.
Yearly auto insurance costs for men versus women
The information below shows the comparison of Honda Fit yearly insurance costs for male and female drivers. The information is based on no driving violations, no at-fault accidents, full coverage, $250 deductibles, drivers are single, and no discounts are applied to the premium.
Six Tips to Get Cheap Toledo Insurance Premiums
A large part of saving on car insurance is knowing some of the factors that aid in calculating your policy premiums. When you understand what impacts premium levels, this allows you to make educated decisions that will entitle you to cheaper rates.
The following are just a few of the factors car insurance companies consider when setting your rates.
The type of car you drive affects your prices – The make and model of the car or truck you own makes a big difference in determining your rates. Lower cost passenger vehicles normally have pretty low rates, but that’s not the only thing that factors into the final price.
The next chart is based on a married male driver age 40, full coverage with $250 deductibles, and no discounts or violations. It shows Honda Fit insurance rates compared to other models that have different performance rating factors.
Being married is a bonus – Having a wife or husband can get you a discount on your policy. Having a spouse may mean you are more stable financially and it’s proven that drivers who are married are more cautious.
Vehicle options impact prices – Purchasing a vehicle that has an advanced theft prevention system can get you a discount on your car insurance. Theft prevention features like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all aid in stopping car theft and help bring rates down.
Location can affect price – Having an address in areas with lower population has definite advantages when shopping for auto insurance. Less people living in that area translates into fewer accidents. Drivers who live in large Ohio cities regularly have traffic congestion and much longer commute distances. Higher commute times means more chances of being involved in an auto accident.
No policy lapses saves money – Driving without insurance can get your license suspended and your next policy will cost more because you let your coverage have a gap. Not only will you pay more, being ticketed for driving with no insurance may result in fines and jail time.
Raise physical damage deductibles and save – Coverage for physical damage, also known as collision and other-than-collision, is used to repair damage to your Honda. Some coverage claims could be colliding with a building, collision with an animal, or theft. Deductibles for physical damage are the amount of money you are required to spend out-of-pocket if you file a covered claim. The higher the amount you choose to pay out-of-pocket, the lower your rates will be.
Insurance loss data for Honda Fit vehicles – Auto insurance companies use statistical claims data to calculate a rate that will offset losses. Vehicles that statistically have a trend towards higher claims will have increased rates. The next table illustrates the actual insurance loss data for Honda Fit vehicles.
For each coverage category, the claim amount for all vehicles, regardless of make or model, is set at 100. Values below 100 mean the vehicle has better than average losses, while values that are above 100 point to more frequent losses or an increased chance of larger losses than average.
| Vehicle Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Honda Fit | 89 | 78 | 90 | 99 | 97 | 92 |
Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years
Car insurance agents are professional risk managers
Some consumers just prefer to get advice from a local agent and that is recommended in a lot of cases Professional agents are very good at helping people manage risk and help in the event of a claim. One of the great benefits of price shopping on the web is that you can obtain lower rates and still have an agent to talk to. Buying from local insurance agencies is still important in Toledo.
Once you complete this quick form, your information is immediately sent to agents in your area that give free quotes for your coverage. There is no need to visit any agencies since price quotes are sent to you instantly. If you want to get a price quote from one company in particular, you can always search and find their rate quote page and complete a quote there.
When researching a reputable insurance agent or broker, you must know there are a couple types of agencies and how they can service your needs differently. Car insurance policy providers can be described as either independent agents or exclusive agents depending on their employer. Both types can do a good job, but it’s important to point out the subtle differences because it can influence the type of agent you choose.
Independent Agencies or Brokers
Agents that elect to be independent do not sell for just one brand and that is an advantage because they can write policies with multiple insurance companies and help determine which has the cheapest rates. If your agent finds better pricing, your agent can switch companies and you can keep the same agent. When comparing rates, you will definitely want to include price quotes from a couple of independent agencies for maximum quote selection. Many write coverage with smaller regional carriers which can be an advantage.
Featured below are independent insurance agents in Toledo that may be able to give free car insurance rate quotes.
- Nationwide Insurance: AOK Ins and Financial Services LLC
4452 Heatherdowns Blvd – Toledo, OH 43614 – (419) 472-9405 – View Map - Stoner Johnson Insurance Agency
2330 Airport Hwy – Toledo, OH 43609 – (419) 385-3101 – View Map - Knight Insurance Group
22 N Erie St – Toledo, OH 43624 – (419) 241-5133 – View Map
Exclusive Car Insurance Agents
These agents can only quote rates from one company like State Farm, Allstate, or Farmers Insurance. Exclusive agents cannot provide rate quotes from other companies so if the price isn’t competitive there isn’t much they can do. Exclusive agents are trained well on their products and sales techniques which can be an advantage. Drivers often use the same exclusive agent mainly due to the brand legacy and strong financial ratings.
Below are Toledo exclusive insurance agents that are able to give comparison quotes.
- Becki Ballenger – State Farm Insurance Agent
3520 Heatherdowns Blvd #5 – Toledo, OH 43614 – (419) 385-5775 – View Map - Allstate Insurance: J. Mark Atkins
5330 Heatherdowns Blvd Ste 203 – Toledo, OH 43614 – (419) 867-8887 – View Map - Bud Moody – State Farm Insurance Agent
1751 W Sylvania Ave – Toledo, OH 43613 – (419) 471-9909 – View Map
Picking an car insurance agent is decision based upon more than just the bottom line cost. Any agent in Toledo should have no problem answering these questions:
- Does the agent help file claims?
- If your car is totaled, how to they determine the replacement cost?
- Who is covered by the car insurance policy?
- Do they reduce claim amounts on high mileage vehicles?
- Will your rates increase after a single accident?
- Are claim adjusters local or do you have to take your car somewhere else?
- Is there a 24/7 contact number?
- Are you getting all the discounts the company offers?
Which is the best car insurance?
Keep in mind that when it comes to choosing adequate coverage, there isn’t really a cookie cutter policy. Your financial needs are unique and your policy should reflect that.
These are some specific questions could help you determine if you would benefit from an agent’s advice.
- Is borrowed equipment or tools covered if stolen or damaged?
- When should I remove my kid from my policy?
- Who sells insurance for high-risk drivers?
- Can I get by with minimal medical coverage if I have good health insurance?
- Is upholstery damage covered by car insurance?
- Does having multiple vehicles earn me a discount?
If it’s difficult to answer those questions but one or more may apply to you, then you may want to think about talking to an agent. To find lower rates from a local agent, take a second and complete this form or click here for a list of car insurance companies in your area. It’s fast, free and can provide invaluable advice.
Be persistent to save money
Some companies may not offer price quotes online and many times these regional insurance providers provide coverage only through local independent agents. Budget-conscious Honda Fit insurance is possible online in addition to many Toledo insurance agents, so compare prices from both in order to have the best chance of saving money.
In this article, we presented a lot of tips how to reduce Honda Fit insurance prices online in Toledo. The most important thing to understand is the more you quote Toledo car insurance, the better likelihood of getting affordable Honda Fit insurance quotes. Drivers may even discover the lowest priced car insurance comes from an unexpected company. These companies may often insure only within specific states and give better rates than the large multi-state companies such as Allstate or State Farm.
Steps to quoting cheaper Honda Fit insurance in Toledo
If saving the most money is your goal, then the best way to find low-cost prices for Honda Fit insurance in Toledo is to regularly compare price quotes from insurance carriers who sell insurance in Ohio. Rate comparisons can be done by following these steps.
Step 1: Read and learn about how companies set rates and the measures you can control to prevent expensive coverage. Many factors that result in higher rates such as traffic violations and a low credit rating can be remedied by making small lifestyle or driving habit changes.
Step 2: Get rate quotes from direct carriers, independent agents, and exclusive agents. Exclusive agents and direct companies can only provide price estimates from a single company like Progressive or Allstate, while independent agents can quote rates for a wide range of insurance providers.
Step 3: Compare the new rate quotes to the price on your current policy and see if there is a cheaper rate. If you find a better price and change companies, make sure coverage does not lapse between policies.
Step 4: Provide written notification to your current company of your intention to cancel the current policy and submit the required down payment along with the signed application for the new policy. Be sure to put the new certificate verifying coverage in an accessible location in your vehicle.
An important bit of advice to remember is to try to compare identical limits and deductibles on each quote and and to get price quotes from as many different insurance providers as possible. This helps ensure a fair price comparison and the best price quote selection.
Additional car insurance information can be found below:
- Credit Impacts Car Insurance Rates (State Farm)
- What Car Insurance is Cheapest for a Nissan Rogue in Toledo? (FAQ)
- How Much is Auto Insurance for a Jeep Wrangler in Toledo? (FAQ)
- Safety Tips for Teen Drivers (Insurance Information Institute)
- Distracted Driving Statistics (Insurance Information Institute)