Truthfully, the best way to find the cheapest price for car insurance rates in Orlando is to begin comparing prices regularly from companies who sell insurance in Florida.
- Step 1: It will benefit you to learn about individual coverages and the factors you can control to keep rates in check. Many things that result in higher rates such as traffic tickets, fender benders, and a lousy credit rating can be eliminated by making minor driving habit or lifestyle changes. Read the full article for more ideas to help keep prices low and find hidden discounts.
- Step 2: Compare prices from exclusive agents, independent agents, and direct providers. Exclusive and direct companies can only give rate quotes from a single company like Progressive and State Farm, while agents who are independent can quote prices for many different companies.
- Step 3: Compare the price quotes to your existing policy and see if there is a cheaper rate in Orlando. If you find a lower rate quote and make a switch, ensure coverage does not lapse between policies.
An important note is to make sure you’re comparing the same amount of coverage on each quote and to quote with as many carriers as you can. This enables an accurate price comparison and a thorough price selection.
It’s astonishing, but most drivers renewed their policy with the same company for at least the last four years, and nearly the majority have never even compared rates from other companies. With the average insurance premium being $2,200, Florida drivers could save up to 55% every year just by getting comparison quotes, but most just don’t grasp the actual amount they would save if they switched to a cheaper policy.
Cheapest companies for Honda Fit insurance
The companies in the list below provide price quotes in Florida. In order to find the best cheap auto insurance in Orlando, we recommend you visit two to three different companies to get a more complete price comparison.
Insurance coverage details
The coverage table displayed next highlights different insurance costs for Honda Fit models. Having a good understanding how insurance quotes are established can help guide drivers when making smart choices when buying a policy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Fit | $268 | $668 | $312 | $18 | $94 | $1,360 | $113 |
| Fit Sport | $308 | $668 | $312 | $18 | $94 | $1,400 | $117 |
| Fit Sport VSA | $308 | $786 | $312 | $18 | $94 | $1,518 | $127 |
| Get Your Own Custom Quote Go | |||||||
Premium data assumes single male driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Florida minimum liability limits. Discounts applied include homeowner, safe-driver, multi-policy, claim-free, and multi-vehicle. Price information does not factor in garaging location in Orlando which can affect auto insurance rates substantially.
How high should deductibles be?
When buying auto insurance, a common question is at what level do you set your deductibles. The rates shown below can help show the differences in price between high and low comp and collision deductibles. The first rate quote example uses a $100 comprehensive and collision deductible and the second data table uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Fit | $312 | $648 | $276 | $16 | $82 | $1,359 | $113 |
| Fit Sport | $358 | $648 | $276 | $16 | $82 | $1,405 | $117 |
| Fit Sport VSA | $358 | $764 | $276 | $16 | $82 | $1,521 | $127 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Fit | $228 | $438 | $276 | $16 | $82 | $1,040 | $87 |
| Fit Sport | $262 | $438 | $276 | $16 | $82 | $1,074 | $90 |
| Fit Sport VSA | $262 | $516 | $276 | $16 | $82 | $1,152 | $96 |
| Get Your Own Custom Quote Go | |||||||
Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Florida minimum liability limits. Discounts applied include safe-driver, homeowner, multi-vehicle, claim-free, and multi-policy. Premium costs do not factor in your specific Orlando location which can affect price quotes substantially.
Based on these figures, using a $100 deductible costs approximately $28 more each month or $336 annually than selecting the higher $500 deductible. Since you would have to pay $400 more out of your own pocket with a $500 deductible as compared to a $100 deductible, if you have more than 14 months between claims, you would probably come out ahead going with the higher deductible.
The example below highlights how deductible selection and can increase or decrease Honda Fit insurance prices for each different age group. The information is based on a married female driver, comp and collision included, and no discounts are factored in.
Rate difference between full and liability-only coverage
The illustration below illustrates the difference between Honda Fit auto insurance rates when comparing full coverage to liability only. The data assumes no violations or claims, $1,000 deductibles, single marital status, and no other discounts are factored in.
Are you wasting money paying for full coverage?
There is no clear-cut formula that is best for determining when to drop physical damage coverage, but there is a broad guideline. If the annual cost of having full coverage is 10% or more of the replacement cost minus the deductible, then you may want to consider only buying liability coverage.
For example, let’s assume your Honda Fit replacement cost is $6,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled, you would only receive $5,000 after you pay the deductible. If you are paying more than $500 annually for physical damage coverage, then you might consider buying liability only.
There are some circumstances where dropping physical damage coverage is not a good plan. If you still owe money on your vehicle, you have to carry full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if you cannot afford to purchase a different vehicle in the event your current vehicle is totaled, you should keep full coverage in place.
Learn How to Get Auto Insurance at a Discount
An important part of buying insurance is that you know the different types of things that go into determining auto insurance rates. When you understand what influences your rates, this enables informed choices that may result in much lower annual insurance costs.
- Your car’s features help determine rates – Purchasing a vehicle with an alarm system can save you some money. Anti-theft devices such as OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems all help prevent your vehicle from being stolen.
- Always keep your auto insurance in force – Having a lapse in insurance coverage will be a sure-fire way to pay more for auto insurance. Not only will you pay higher rates, being ticketed for driving with no insurance may result in a fine, jail time, or a revoked license.
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Gender and auto insurance – Statistics demonstrate that females tend to be a little less risky than males. However, don’t assume that men are WORSE drivers than women. Men and women are in at-fault accidents at about the same rate, but guys have costlier accidents. In addition to higher claims, males also have more aggressive citations like driving under the influence (DUI). Young males have the highest risk to insure and therefore have the most expensive auto insurance rates.
The information below compares Honda Fit insurance costs for male and female drivers. The premiums are based on no claims or violations, comprehensive and collision coverage, $250 deductibles, drivers are single, and no discounts are applied to the premium.
- Pay more if you have a long commute – Choosing to live in a small town is a positive aspect when insuring your vehicles. Fewer people means a lower chance of having an accident and lower theft and vandalism rates. Urban drivers regularly have congested traffic and longer commutes to work. More time on the road statistically corresponds to a higher accident and claim rate.
- Bundle policies to earn discounts – Many auto insurance companies give discounts to policyholders that have more than one policy in the form of a multi-policy discount. Even if you’re getting this discount it’s in your best interest to compare other Orlando Fit insurance rates to help ensure you have the lowest rates.
- Do you really need the incidental coverages? – There are a lot of extra coverages you can purchase on your auto insurance policy. Add-on coverages like replacement cost coverage, accidental death, and motor club memberships may be wasting your money. They may seem like a good idea when deciding what coverages you need, but if you don’t need them consider taking them off your policy.
- Liability protection is cheap – Your auto insurance policy’s liability coverage will provide protection when you are found liable for damages from an accident. It provides legal defense coverage to attempt to prove you were not liable. Liability is cheap when compared to the cost of physical damage coverage, so drivers should make sure they buy enough to cover all assets.
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Honda Fit insurance loss probability – Car insurance companies include the past claim history for a vehicle to help calculate a profitable premium price. Models that the statistics show to have higher loss trends will have higher rates for specific coverages. The table below outlines the insurance loss data used by companies for Honda Fit vehicles.
For each coverage category, the statistical loss for all vehicles, regardless of make or model, is represented as 100. Numbers shown that are under 100 imply a favorable loss record, while numbers above 100 indicate frequent claims or a tendency for losses to be larger than average.
Honda Fit Insurance Claim Statistics Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury Honda Fit 89 78 90 99 97 92 BETTERAVERAGEWORSEStatistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Honda Fit insurance discounts in Orlando
Some insurers don’t always publicize their entire list of discounts very clearly, so we break down a few of the more common and the harder-to-find auto insurance savings.
- Drivers Ed for Students – Have your child successfully complete driver’s ed class in school or through a local driver safety program.
- Savings for New Vehicles – Putting auto insurance coverage on a new Fit may earn a small discount because new vehicles have to meet stringent safety requirements.
- Life Insurance Discount – Not every insurance company offers life insurance, but if they do you may earn better rates if you take out auto and life insurance together.
- Accident Free – Insureds with no claims or accidents are rewarded with significantly better rates on Orlando auto insurance quote when compared to policyholders that have many claims.
- Good Driver Discounts – Drivers who don’t get into accidents can pay as much as 50% less than drivers with accident claims.
- Braking Control Discount – Cars and trucks equipped with ABS or steering control have fewer accidents and the ABS can save up to 10%.
- Discounts for Government Workers – Federal government employees can earn a discount up to 10% depending on your company.
- Drive Less and Save – Driving fewer miles can qualify you for lower prices on the low mileage vehicles.
- Full Payment Discount – If paying your policy premium upfront rather than paying monthly you may have a lower total premium amount.
It’s important to note that some of the credits will not apply to the overall cost of the policy. Most only apply to specific coverage prices like comprehensive or collision. Just because it seems like having all the discounts means you get insurance for free, you aren’t that lucky.
The diagram below compares Honda Fit insurance costs with and without discounts applied to the premium. The premium estimates are based on a female driver, no tickets, no at-fault accidents, Florida state minimum liability limits, comprehensive and collision coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, multi-car, claim-free, multi-policy, safe-driver, and homeowner discounts applied.
Popular auto insurance companies and a selection of discounts are detailed below.
- State Farm may offer discounts for good student, anti-theft, defensive driving training, student away at school, and good driver.
- Esurance offers premium reductions for anti-lock brakes, online shopper, anti-theft, homeowner, good driver, and defensive driver.
- Progressive offers discounts for online signing, homeowner, online quote discount, multi-policy, multi-vehicle, and continuous coverage.
- Liberty Mutual may include discounts for newly married, good student, new graduate, new vehicle discount, newly retired, teen driver discount, and multi-policy.
- Auto-Owners Insurance may have discounts that include safe driver, mature driver, paid in full, teen driver, multi-policy, anti-lock brakes, and company car.
- GEICO discounts include membership and employees, military active duty, multi-policy, anti-theft, driver training, and daytime running lights.
Before purchasing a policy, check with all the companies what discounts are available to you. Some discounts listed above may not be available in your area. If you would like to view providers who offer free Honda Fit insurance quotes in Orlando, follow this link.
Are auto insurance agents used anymore?
A lot of people still like to buy from a local agent and that is OK! A nice benefit of getting online price quotes is you may find lower rates but also keep your business local. Putting coverage with local insurance agencies is especially important in Orlando.
To find an agent, once you fill out this quick form, your insurance data is instantly submitted to agents in your area that give free quotes and help you find cheaper coverage. It’s much easier because you don’t need to leave your computer since rate quotes are delivered immediately to you. You can get cheaper insurance rates and an insurance agent to talk to. If you wish to compare rates for a specific company, don’t hesitate to navigate to their website and give them your coverage information.
Shown below are agents in Orlando that may be willing to give price quote information for Honda Fit insurance in Orlando.
- Michael Moore – State Farm Insurance Agent
9161 Narcoossee Rd Ste 207 – Orlando, FL 32827 – (407) 208-9930 – View Map - Henry Wahl – State Farm Insurance Agent
417 Summerlin Avenue – Orlando, FL 32801 – (407) 895-5285 – View Map - worldwide insurance agency
4697 Rose Coral Dr #7 – Orlando, FL 32808 – (407) 616-7894 – View Map - Collins Insurance Agency, Inc.
522 E Colonial Dr – Orlando, FL 32803 – (407) 423-8345 – View Map
Choosing an provider requires more thought than just the premium amount. The answers to these questions are important, too.
- Can glass repairs be made at your home?
- Do they write coverage based solely on cost?
- How much can you save by raising your physical damage deductibles?
- Is working in the agency their full-time job?
- What is the financial rating for the quoted company?
Your situation helps dictate your coverage
When it comes to choosing the best car insurance coverage for your vehicles, there really isn’t a perfect coverage plan. Everyone’s situation is unique so your insurance should reflect that
For instance, these questions can help discover whether your personal situation might need professional guidance.
- Do I need higher collision deductibles?
- What is high-risk coverage and where do I buy it?
- Is my babysitter covered when using my vehicle?
- Why am I required to get a high-risk car insurance policy?
- Are my company tools covered if they get stolen?
- What is no-fault insurance?
- Am I covered when delivering products for my home-based business?
- Do I need PIP (personal injury protection) coverage in Florida?
- Am I better off with higher deductibles on my Honda Fit?
- What is GAP insurance?
If you can’t answer these questions but a few of them apply, you might consider talking to a licensed insurance agent. To find lower rates from a local agent, fill out this quick form or you can go here for a list of companies in your area.
The best insurance company isn’t always the cheapest
We just covered many ideas to compare Honda Fit insurance prices in Orlando. It’s most important to understand that the more providers you compare, the better your chances of lowering your rates. You may even be surprised to find that the biggest savings come from the smaller companies. Smaller companies may cover specific market segments cheaper than the large multi-state companies such as State Farm and Allstate.
A few companies may not provide rates over the internet and most of the time these smaller providers prefer to sell through independent agencies. Lower-priced insurance in Orlando can be found both online and with local Orlando insurance agents, so you should compare both to have the best chance of lowering rates.
As you shop your coverage around, don’t be tempted to buy less coverage just to save a little money. There have been many cases where consumers will sacrifice collision coverage only to regret that it was a big error on their part. Your strategy should be to purchase a proper amount of coverage at an affordable rate, but do not skimp to save money.
To read more, feel free to browse these articles:
- Your Car has been Stolen: Now What? (Allstate)
- Who Has the Cheapest Auto Insurance for a Jeep Grand Cherokee in Orlando? (FAQ)
- Who Has Affordable Car Insurance Rates for Drivers Requiring a SR22 in Orlando? (FAQ)
- Who Has the Cheapest Orlando Auto Insurance for Immigrants? (FAQ)
- Who Has the Cheapest Auto Insurance for a Honda Civic in Orlando? (FAQ)
- What Insurance is Cheapest for Inexperienced Drivers in Orlando? (FAQ)
- Who Has Cheap Car Insurance for a Honda CR-V in Orlando? (FAQ)
- Self-driving cars won’t replace humans (Insurance Institute for Highway Safety)
- Learn About Car Insurance (GEICO)