If saving the most money is your goal, then the best way to get discount Honda Pilot insurance in Orlando is to make a habit of regularly comparing prices from different companies in Florida.
- Step 1: Take a few minutes and learn about how car insurance works and the things you can change to prevent high rates. Many policy risk factors that cause high rates such as at-fault accidents and a substandard credit history can be remedied by paying attention to minor details.
- Step 2: Get rate quotes from independent agents, exclusive agents, and direct companies. Exclusive agents and direct companies can provide rates from one company like GEICO or State Farm, while independent agents can quote rates for a wide range of companies.
- Step 3: Compare the new rate quotes to your existing rates and see if there is a cheaper rate in Orlando. If you find better rates and change companies, make sure coverage does not lapse between policies.
- Step 4: Provide written notification to your current company of your decision to cancel the current policy. Submit a signed application and payment to your new carrier. Immediately upon receiving it, store the certificate verifying proof of insurance with your registration paperwork.
A good piece of advice is to use identical coverage information on each quote request and and to get prices from as many carriers as you can. This provides the most accurate price comparison and a complete price analysis.
It’s a fact that car insurance companies don’t want you to look for cheaper rates. People who shop around once a year are inclined to buy a new policy because there are good odds of finding lower rate quotes. A survey found that consumers who make a habit of shopping around saved as much as $865 a year compared to people who never shopped for cheaper rates.
If finding the best rates on insurance in Orlando is why you’re reading this, then knowing how to shop for insurance coverage can help make the process easier.
The intent of this article is to introduce you to the best ways to compare prices. If you have car insurance now, you will definitely be able to lower your rates using the following tips. Although Florida car owners do need to understand the way insurance companies price insurance differently and apply this information to your search.
To find low cost rates, there are a couple of ways to compare quotes from many different Florida insurance companies. The simplest method to find affordable insurance rates involves getting comparison quotes online. It’s important to know that having more price comparisons helps you find a lower rate than you’re paying now. Some smaller insurers do not give online price quotes, so it’s necessary to compare price estimates on coverage from those companies, too.
The car insurance companies shown below provide price quotes in Orlando, FL. In order to find cheaper auto insurance in Orlando, FL, it’s a good idea that you visit as many as you can in order to find the most affordable rates.
Car insurance analysis for a Honda Pilot
The coverage information shown next covers detailed analysis of prices for Honda Pilot models. Learning how insurance prices are formulated can be useful when making decisions on the best policy to buy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Pilot LX 2WD | $256 | $414 | $504 | $30 | $152 | $1,356 | $113 |
| Pilot EX 2WD | $290 | $414 | $504 | $30 | $152 | $1,390 | $116 |
| Pilot EX 4WD | $290 | $414 | $504 | $30 | $152 | $1,390 | $116 |
| Pilot EX-L 2WD | $290 | $504 | $504 | $30 | $152 | $1,480 | $123 |
| Pilot EX-L 4WD | $290 | $504 | $504 | $30 | $152 | $1,480 | $123 |
| Pilot Touring 2WD | $290 | $504 | $504 | $30 | $152 | $1,480 | $123 |
| Pilot Touring 4WD | $290 | $504 | $504 | $30 | $152 | $1,480 | $123 |
| Get Your Own Custom Quote Go | |||||||
Data variables include single male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Florida minimum liability limits. Discounts applied include safe-driver, claim-free, multi-policy, multi-vehicle, and homeowner. Rate quotes do not factor in the specific area where the vehicle is garaged which can raise or lower prices substantially.
Deductible analysis
One of the hardest decisions when shopping for car insurance is what deductibles to buy. The figures shown below show the rate differences between low and high policy deductibles. The first rate quote example uses a $250 deductible for physical damage and the second price table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Pilot LX 2WD | $322 | $446 | $418 | $24 | $124 | $1,359 | $113 |
| Pilot EX 2WD | $364 | $446 | $418 | $24 | $124 | $1,401 | $117 |
| Pilot EX 4WD | $364 | $446 | $418 | $24 | $124 | $1,401 | $117 |
| Pilot EX-L 2WD | $364 | $544 | $418 | $24 | $124 | $1,499 | $125 |
| Pilot EX-L 4WD | $364 | $544 | $418 | $24 | $124 | $1,499 | $125 |
| Pilot Touring 2WD | $364 | $544 | $418 | $24 | $124 | $1,499 | $125 |
| Pilot Touring 4WD | $364 | $544 | $418 | $24 | $124 | $1,499 | $125 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Pilot LX 2WD | $200 | $280 | $418 | $24 | $124 | $1,046 | $87 |
| Pilot EX 2WD | $224 | $280 | $418 | $24 | $124 | $1,070 | $89 |
| Pilot EX 4WD | $224 | $280 | $418 | $24 | $124 | $1,070 | $89 |
| Pilot EX-L 2WD | $224 | $342 | $418 | $24 | $124 | $1,132 | $94 |
| Pilot EX-L 4WD | $224 | $342 | $418 | $24 | $124 | $1,132 | $94 |
| Pilot Touring 2WD | $224 | $342 | $418 | $24 | $124 | $1,132 | $94 |
| Pilot Touring 4WD | $224 | $342 | $418 | $24 | $124 | $1,132 | $94 |
| Get Your Own Custom Quote Go | |||||||
Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Florida minimum liability limits. Discounts applied include safe-driver, claim-free, multi-policy, homeowner, and multi-vehicle. Premium costs do not factor in zip code location which can modify auto insurance rates considerably.
Based on these figures, using a $250 deductible could cost the average driver approximately $29 more each month or $348 a year than quoting the higher $1,000 deductible. Since you would have to pay $750 more if you file a claim with a $1,000 deductible as compared to a $250 deductible, if you normally average at a minimum 26 months between claim filings, you would come out ahead by selecting a higher deductible.
The diagram below demonstrates how deductible levels and can increase or decrease Honda Pilot insurance prices for different age groups. Data assumes a married male driver, comp and collision included, and no discounts are factored in.
Gender differences in car insurance premiums
The illustration below compares Honda Pilot insurance premiums for male and female drivers. The premiums assume no violations or claims, comp and collision included, $500 deductibles, drivers are single, and no policy discounts are applied.
Rate comparison of full coverage and liability-only
The chart below shows the comparison of Honda Pilot premium costs when comparing full coverage to liability only. The premiums assume a clean driving record, no claims, $500 deductibles, marital status is single, and no policy discounts are applied.
When to stop buying comprehensive and collision coverage
There is no definitive rule to stop buying physical damage coverage on your policy, but there is a general guideline. If the yearly cost of full coverage is about 10% or more of replacement cost minus your deductible, the it may be a good time to stop paying for full coverage.
For example, let’s assume your Honda Pilot settlement value is $3,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled in an accident, the most you would get paid by your company is $2,000 after paying your deductible. If you are currently paying more than $200 annually for physical damage coverage, then it could be time to drop full coverage.
There are a few cases where dropping full coverage is not in your best interest. If you still have a lienholder on your title, you must maintain physical damage coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if you can’t afford to buy a different vehicle if your current one is damaged, you should not drop full coverage.
Get rate quotes but work with a neighborhood Orlando auto insurance agent
Some people still prefer to buy from a local agent. An additional benefit of comparing rate quotes online is the fact that drivers can get the best rates but still work with a licensed agent. And supporting local insurance agencies is especially important in Orlando.
After filling out this short form, your coverage information is emailed to agents in your area who will give competitive quotes for your coverage. There is no reason to leave your computer since rate quotes are delivered to you. You can find the lowest rates without a big time investment. If you want to compare prices for a specific company, just navigate to their website and fill out their quote form.
Picking the best insurance company should include more criteria than just a cheap quote. Below are some questions you should ask.
- Will you work with the agent or an assistant?
- What companies can they write with?
- Who is covered by the car insurance policy?
- Does the company have a solid financial rating?
- How much training do they have in personal risk management?
- Is there any savings for paying the full premium?
- Does the agency have a positive business rating?
Orlando car insurance companies
Insuring your vehicle with the top company can be a challenge considering how many companies there are to choose from in Orlando. The rank data in the lists below may help you analyze which insurers you want to consider comparing rate quotes with.
Top 10 Orlando Car Insurance Companies Ranked by Claims Service
- Travelers
- Nationwide
- Allstate
- State Farm
- Liberty Mutual
- GEICO
- American Family
- Esurance
- Titan Insurance
- AAA Insurance
Top 10 Orlando Car Insurance Companies Ranked by Value
- Mercury Insurance
- Travelers
- American Family
- AAA Insurance
- Safeco Insurance
- Progressive
- The Hartford
- The General
- 21st Century
- Esurance