The recommended way to quote cheaper Honda Ridgeline insurance in Orlando is to annually compare prices from companies in Florida.
- First, spend some time learning about individual coverages and the steps you can take to lower rates. Many rating criteria that cause rate increases such as traffic violations, accidents, and a not-so-good credit history can be improved by making lifestyle changes or driving safer.
- Second, compare prices from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can give quotes from one company like GEICO and State Farm, while independent agents can give you price quotes for many different companies.
- Third, compare the new rates to your current policy to determine if switching companies saves money. If you find better rates and make a switch, verify that coverage does not lapse between policies.
- Fourth, provide notification to your current company of your intention to cancel your current coverage. Submit payment and a completed application to the new company. Make sure you keep your new certificate verifying proof of insurance in an easily accessible location.
One key aspect when comparing rates is that you’ll want to make sure you compare the same level of coverage on every quote and and to get quotes from as many car insurance companies as possible. This ensures a fair rate comparison and and a good selection of different prices.
Amazingly, a recent NerdWallet.com study showed that a large majority of consumers kept their coverage with the same insurance company for more than four years, and nearly the majority have never compared rates to find cheap insurance. Consumers in Florida could save an average of as much as 55% each year by just shopping around, but they just feel it’s too hard to shop around.
Affordable companies for Honda Ridgeline insurance
The car insurance companies shown below provide price quotes in Orlando, FL. If your goal is to find the best cheap auto insurance in Florida, it’s a good idea that you visit as many as you can to get the best price comparison.
Coverage statistics and figures
The table displayed next covers a range of insurance prices for Honda Ridgeline models. Being able to understand how insurance policy premiums are determined is important for you to make decisions on which insurance to purchase.
Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
---|---|---|---|---|---|---|---|
Ridgeline RT 4WD | $278 | $532 | $532 | $32 | $160 | $1,534 | $128 |
Ridgeline RTS 4WD | $312 | $532 | $532 | $32 | $160 | $1,568 | $131 |
Ridgeline RTL 4WD | $312 | $628 | $532 | $32 | $160 | $1,664 | $139 |
Ridgeline RTL W/Navigation 4WD | $312 | $628 | $532 | $32 | $160 | $1,664 | $139 |
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Data based on single female driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Florida minimum liability limits. Discounts applied include homeowner, multi-policy, claim-free, safe-driver, and multi-vehicle. Premium costs do not factor in Orlando location which can revise prices significantly.
Deductible analysis
One of the hardest decisions when shopping for car insurance is how high should the deductibles for physical damage be. The rates below may help to conceptualize the rate differences of buying low and high comp and collision deductibles. The first data table uses a $100 deductible and the second set of prices uses a $500 deductible.
Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
---|---|---|---|---|---|---|---|
Ridgeline RT 4WD | $358 | $648 | $472 | $28 | $142 | $1,673 | $139 |
Ridgeline RTS 4WD | $406 | $648 | $472 | $28 | $142 | $1,721 | $143 |
Ridgeline RTL 4WD | $406 | $764 | $472 | $28 | $142 | $1,837 | $153 |
Ridgeline RTL W/Navigation 4WD | $406 | $764 | $472 | $28 | $142 | $1,837 | $153 |
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Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
---|---|---|---|---|---|---|---|
Ridgeline RT 4WD | $262 | $438 | $472 | $28 | $142 | $1,342 | $112 |
Ridgeline RTS 4WD | $296 | $438 | $472 | $28 | $142 | $1,376 | $115 |
Ridgeline RTL 4WD | $296 | $516 | $472 | $28 | $142 | $1,454 | $121 |
Ridgeline RTL W/Navigation 4WD | $296 | $516 | $472 | $28 | $142 | $1,454 | $121 |
Get Your Own Custom Quote Go |
Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, and Florida minimum liability limits. Discounts applied include homeowner, multi-vehicle, claim-free, multi-policy, and safe-driver. Prices do not factor in specific location information which can influence coverage rates greatly.
Based on the above data, using a $100 deductible will cost you about $30 more each month or $360 annually than opting for 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 usually have at least 13 months between claim filings, you would probably come out ahead going with the higher deductible.
The example below shows how choosing a deductible and can change Honda Ridgeline premium costs for different age groups. The information is based on a married female driver, full physical damage coverage, and no policy discounts are applied.
Does it make sense to buy full coverage?
The illustration below visualizes the comparison of Honda Ridgeline annual premium costs when comparing full coverage to state minimum liability only. The data assumes no claims or violations, $500 deductibles, marital status is single, and no policy discounts are applied.
When to switch to liability coverage only
There is no exact rule for eliminating full coverage on your policy, but there is a guideline you can consider. If the annual cost of having full coverage is 10% or more of the replacement cost minus the deductible, then you might want to consider buying only liability coverage.
For example, let’s assume your Honda Ridgeline replacement value is $5,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled, the most your company will settle for is $4,000 after paying your policy deductible. If you are paying more than $400 a year for comprehensive and collision coverage, then you might want to consider buying only liability coverage.
There are some scenarios where dropping physical damage coverage is not recommended. If you still owe a portion of the original loan, you have to maintain full coverage in order to prevent your loan from defaulting. Also, if you don’t have enough money to buy a different vehicle in the even your car is totaled, you should not buy liability only.
Lower Your Orlando Insurance Rates
Multiple criteria are taken into consideration when quoting car insurance. Most are fairly basic like a motor vehicle report, but some are not quite as obvious such as whether you are married or how financially stable you are.
Does auto insurance cost more for guys? – Statistics demonstrate that females take fewer risks when driving. That doesn’t necessarily mean that males are worse at driving than females. Both genders cause accidents in similar percentages, but males cause more damage. Men also tend to get higher numbers of serious violations like driving under the influence (DUI). Young males have the highest risk to insure and therefore have the most expensive car insurance rates.
The illustration below shows the comparison of Honda Ridgeline yearly insurance costs for male and female drivers. The price estimates are based on no accidents or driving violations, comp and collision included, $250 deductibles, drivers are not married, and no discounts are applied.
Rates may be higher where you live – Living in a small town can be a good thing if you are looking for the lowest rates. Fewer people translates into fewer accidents. Drivers who live in large Florida cities regularly have more traffic problems and longer commutes to work. Higher commute times means more chances of being involved in an auto accident.
Low mileage costs less – The more you drive in a year’s time the more you’ll pay to insure it. A lot of insurance companies apply a rate based upon how much you drive. Cars that have low annual miles can get a lower rate than vehicles that are driven to work every day. Make sure your car insurance policy is showing the proper vehicle usage. Having the wrong rating on your Ridgeline may be costing you higher rates.
Know your credit rating – A driver’s credit rating can be a huge factor in determining premium rates. So if your credit history can use some improvement, you could pay less to insure your Honda Ridgeline by taking the time to improve your credit score. People that have excellent credit tend to be better drivers and file fewer claims than drivers who have poor credit.
Never let your car insurance policy lapse – Driving with no insurance is a big no-no and any future policy may cost more because you let your coverage lapse. In addition to paying higher rates, the inability to provide proof of insurance may earn you a hefty fine and possibly a revoked license. You will then be forced to file a SR-22 with the Florida motor vehicle department.
Rates can drop if you have more than one policy – The majority of insurance companies will give lower prices to buyers who consolidate policies with them. It’s known as a multi-policy discount. Even with this discount, consumers should still comparison shop to help ensure you have the lowest rates.
Cheaper Orlando car insurance rates with discounts
Car insurance is neither fun to buy or cheap, but you may find discounts to reduce the price significantly. Most are applied at the time you complete a quote, but occasionally some discounts must be inquired about before being credited.
- Payment Discounts – If paying your policy premium upfront rather than paying monthly you could save 5% or more.
- Buy New and Save – Buying insurance on a new vehicle can save up to 30% because new model year vehicles are generally safer.
- Theft Deterrent System – Vehicles that have factory alarm systems and tracking devices have a lower chance of being stolen so companies will give you a small discount.
- Passenger Safety Discount – Vehicles with factory air bags and/or automatic seat belt systems may qualify for discounts up to 30%.
- Paperwork-free – A few companies will discount your bill up to fifty bucks for buying your policy online.
A little disclaimer on discounts, most credits do not apply to the overall cost of the policy. Most only cut individual premiums such as physical damage coverage or medical payments. If you do the math and it seems like having all the discounts means you get insurance for free, company stockholders wouldn’t be very happy.
The example below illustrates the comparison of Honda Ridgeline insurance costs with and without discounts applied to the premium. The premiums are based on a male driver, no accidents or driving violations, Florida 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 homeowner, safe-driver, marriage, multi-policy, multi-car, and claim-free discounts applied.
A few popular companies and a summarized list of policyholder discounts are detailed below.
- Progressive offers discounts for good student, online signing, homeowner, multi-policy, and continuous coverage.
- SAFECO discounts include anti-lock brakes, anti-theft, bundle discounts, safe driver, teen safety rewards, and homeowner.
- American Family offers discounts including multi-vehicle, air bags, Steer into Savings, defensive driver, bundled insurance, good driver, and TimeAway discount.
- MetLife may have discounts that include claim-free, good driver, defensive driver, multi-policy, accident-free, good student
- GEICO may include discounts for seat belt use, federal employee, good student, driver training, and emergency military deployment.
- The Hartford policyholders can earn discounts including bundle, anti-theft, good student, vehicle fuel type, driver training, and defensive driver.
If you need lower rates, check with every insurance company which discounts can lower your rates. Savings might not apply in Orlando.
What if I want to buy from local Orlando auto insurance agents?
A lot of people still prefer to have an agent’s advice and doing so can bring peace of mind The best thing about getting online price quotes is that drivers can save money and get cheap rate quotes and still buy from a local agent. And supporting neighborhood agents is important especially in Orlando.
Upon completion of this quick form, your coverage information is sent to companies in Orlando that give free quotes and help you find cheaper coverage. It simplifies rate comparisons since you won’t have to find an agent on your own because prices are sent immediately to your email address. You can most likely find cheaper rates and an insurance agent to talk to. In the event you want to quote rates from a specific insurance company, you can always search and find their rate quote page and fill out the quote form the provide.
Best car insurance agent in Orlando
When narrowing the list to find local Orlando agents, it helps to know the two different agency structures to choose from. Insurance agencies in Orlando are categorized either exclusive or independent (non-exclusive).
Independent Insurance Agents
Agents that elect to be independent do not work for one specific company and that is an advantage because they can write policies amongst many companies enabling the ability to shop coverage around. To move your coverage to a new company, the business is moved internally without you having to go to a different agency.
When comparison shopping, you definitely need to compare quotes from independent agents for maximum quote selection. Many can place coverage with small regional insurance companies which may provide better rates.
Below are Orlando independent insurance agencies that may be able to provide cheap rate quotes.
- Risk Transfer Insurance Agency
219 E Livingston St – Orlando, FL 32801 – (407) 481-9363 – View Map - Universal Insurance Agency
1548 S Semoran Blvd – Orlando, FL 32807 – (407) 898-1116 – View Map - J Meyers Insurance Agency
5003 Old Cheney Hwy – Orlando, FL 32807 – (407) 273-0230 – View Map
Exclusive Insurance Agencies
Agents that elect to be exclusive have only one company to place business with like AAA, State Farm, Farmers Insurance, and Allstate. Exclusive agencies are unable to give you multiple price quotes so if the price isn’t competitive there isn’t much they can do. Exclusive agents are usually quite knowledgeable on their company’s products which aids in selling service over price. A lot of people use the same agent primarily because of the brand rather than having low rates.
The following is a list of exclusive agents in Orlando that are able to give price quotes.
- Rocco English – State Farm Insurance Agent
7536 Dr Phillips Blvd #320 – Orlando, FL 32819 – (407) 351-5353 – View Map - Rick Fowler – State Farm Insurance Agent
2700 Corrine Dr – Orlando, FL 32803 – (407) 897-8100 – View Map - GEICO Insurance Agent
5005 E Colonial Dr – Orlando, FL 32803 – (407) 897-7157 – View Map
Deciding on an insurance agent should depend on more than just the premium amount. Below are some questions you should ask.
- How much will you save each year by using a higher deductible?
- Is there a 24/7 contact number?
- Do the coverages you’re quoting properly cover your vehicle?
- Do they have designations such as AIC, CPCU, or CIC?
- Is the agency active in community causes in Orlando?
- What are their preferred companies if they are an independent agency?
- Where would glass claims be handled in Orlando?
- How much experience to they have in personal lines coverages?
How do I know if I need professional advice?
When it comes to choosing coverage online or from an agent, there isn’t really a best way to insure your cars. Everyone’s situation is a little different.
For instance, these questions may help highlight whether your personal situation could use an agent’s help.
- Do I have coverage when using my vehicle for my home business?
- Is my teenager covered with friends in the car?
- Am I covered when delivering products for my home-based business?
- How can I find cheaper teen driver insurance?
- Is my babysitter covered when using my vehicle?
- Is my camper covered for physical damage?
- Is my dog or cat covered if injured in an accident?
If you can’t answer these questions but you think they might apply to your situation, then you may want to think about talking to an insurance agent. If you want to speak to an agent in your area, fill out this quick form.
Cheaper car insurance is a realistic goal
As you shop your coverage around, you should never buy less coverage just to save a little money. In many cases, someone sacrificed liability limits or collision coverage and learned later that saving that couple of dollars actually costed them tens of thousands. Your objective should be to purchase plenty of coverage at the best possible price while not skimping on critical coverages.
Affordable Honda Ridgeline insurance in Orlando can be bought on the web and also from your neighborhood Orlando agents, so you need to shop Orlando car insurance with both to have the best selection. Some companies do not offer the ability to get a quote online and usually these smaller companies prefer to sell through local independent agents.
Insureds who switch companies do it for any number of reasons including delays in paying claims, not issuing a premium refund, high prices or even policy non-renewal. It doesn’t matter what your reason, choosing a new insurance company is easier than you think.
Helpful learning opportunities
- Rental Car Insurance Tips (Insurance Information Institute)
- Who Has Affordable Orlando Auto Insurance Quotes for 18 Year Olds? (FAQ)
- Who Has Cheap Orlando Car Insurance for Electric Cars? (FAQ)
- Who Has the Cheapest Auto Insurance for Drivers Under 21 in Orlando? (FAQ)
- Who Has Cheap Car Insurance Rates for a GMC Sierra in Orlando? (FAQ)
- What Insurance is Cheapest for College Students in Orlando? (FAQ)
- What Car Insurance is Cheapest for State Employees in Orlando? (FAQ)
- Frontal Crash Tests (iihs.org)
- Vehicle Insurance in the U.S. (Wikipedia)
- Five Mistakes to Avoid (Insurance Information Institute)
- Tread Depth and Tire Safety (State Farm)