Discount Honda Pilot insuranceHow long have you put off shopping around for more competitive Honda Pilot insurance in Indianapolis? Finding the cheapest insurance for a new or used Honda Pilot in Indiana could be a painful process, but you can use a few tricks and make it easy. There is a better way to shop for insurance and we'll show you the proper way to price shop coverage for a new or used Honda and locate the lowest possible price from Indianapolis insurance agents and online providers.

Consumers should take time to do rate comparisons as often as possible because insurance prices are constantly changing. Just because you found the best deal on Honda Pilot insurance in Indianapolis last year you can probably find a better rate now. Ignore everything you know about insurance because I'm going to let you in on the secrets to one of the best ways to find better coverage on Honda Pilot insurance in Indianapolis at a better price.

Companies offering cheap Honda Pilot prices in Indianapolis, IN

The following companies provide free quotes in Indiana. If the list has multiple companies, we suggest you compare several of them in order to get a fair rate comparison.

Honda Pilot Insurance Costs in Indianapolis, IN
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Pilot LX 2WD $208 $352 $318 $18 $94 $990 $83
Pilot EX 2WD $130 $186 $294 $18 $88 $716 $60
Pilot EX 4WD $262 $406 $364 $22 $110 $1,164 $97
Pilot EX-L 2WD $244 $366 $280 $16 $84 $990 $83
Pilot EX-L 4WD $302 $536 $380 $22 $114 $1,354 $113
Pilot Touring 2WD $310 $436 $368 $22 $110 $1,246 $104
Pilot Touring 4WD $268 $502 $340 $20 $102 $1,232 $103
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Data assumes single male driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Indiana minimum liability limits. Discounts applied include multi-policy, safe-driver, claim-free, multi-vehicle, and homeowner. Rates do not factor in specific location which can revise premiums greatly.

Physical damage deductibles: Should you raise them?

When shopping for car insurance, a common question is how high or low should comp and collision deductibles be. The rates below show the price difference when you choose different physical damage coverage deductibles. The first price estimate table uses a $250 deductible for physical damage and the second set of rates uses a $500 deductible.

Honda Pilot insurance with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Pilot LX 2WD $216 $300 $280 $16 $84 $921 $77
Pilot EX 2WD $244 $300 $280 $16 $84 $949 $79
Pilot EX 4WD $244 $300 $280 $16 $84 $949 $79
Pilot EX-L 2WD $244 $366 $280 $16 $84 $1,015 $85
Pilot EX-L 4WD $244 $366 $280 $16 $84 $1,015 $85
Pilot Touring 2WD $244 $366 $280 $16 $84 $1,015 $85
Pilot Touring 4WD $244 $366 $280 $16 $84 $1,015 $85
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Honda Pilot insurance with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Pilot LX 2WD $176 $242 $280 $16 $84 $798 $67
Pilot EX 2WD $200 $242 $280 $16 $84 $822 $69
Pilot EX 4WD $200 $242 $280 $16 $84 $822 $69
Pilot EX-L 2WD $200 $294 $280 $16 $84 $874 $73
Pilot EX-L 4WD $200 $294 $280 $16 $84 $874 $73
Pilot Touring 2WD $200 $294 $280 $16 $84 $874 $73
Pilot Touring 4WD $200 $294 $280 $16 $84 $874 $73
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Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, and Indiana minimum liability limits. Discounts applied include safe-driver, homeowner, multi-policy, claim-free, and multi-vehicle. Premium amounts do not factor in specific zip code location which can affect premium rates considerably.

We can derive from the above data that using a $250 deductible costs roughly $11 more each month or $132 annually than opting for the higher $500 deductible. Since you would have to pay $250 more if you turn in a claim with a $500 deductible as compared to a $250 deductible, if you go at least 23 months between claims, you would more than likely save some money by selecting a higher deductible.

How to determine if raising deductibles makes sense

Average monthly premium for $250 deductibles: $82
Average monthly premium for $500 deductibles (subtract): - $71
Monthly savings from raising deductible: $11
Difference between deductibles ($500 - $250): $250
Divide difference by monthly savings: $250 / $11
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 23 months

One thing to be aware of is that higher deductibles results in a higher out-of-pocket expense when you have to file a claim. That will require some extra savings in the event you need to pay the deductible to have repairs made.

How much more does full coverage cost?

The information below shows the comparison of Honda Pilot auto insurance costs with full coverage compared to only the Indiana minimum liability coverage. The rate quotes are based on no claims or driving violations, $250 deductibles, married female driver, and no policy discounts are applied.

When to drop comp and collision

There is no exact formula to stop paying for physical damage coverage on your policy, but there is a general school of thought. If the yearly cost of full coverage is 10% or more of the replacement cost of your vehicle minus the policy deductible, the it may be a good time to stop paying for full coverage.

For example, let's say your Honda Pilot claim settlement value is $9,000 and you have $1,000 physical damage deductibles. If your vehicle is destroyed, you would only receive $8,000 after the deductible is paid. If you are paying in excess of $800 a year to have full coverage, then it might be time to buy liability only.

There are a few cases where buying only liability insurance is not advised. If you haven't paid off your loan, you are required to maintain full coverage as part of the loan conditions. Also, if you can't afford to buy a different vehicle if your current one is damaged, you should maintain full coverage.

Annual premiums for males compared to females

The information below visualizes the comparison of Honda Pilot insurance rates for male and female drivers. The rates are based on a clean driving record, no claims, comp and collision included, $250 deductibles, marital status is single, and no discounts are applied.

Indianapolis insurance discounts for a Honda Pilot

Insuring your fleet can be pricey, but you may be missing some discounts that could help you make your next renewal payment. Larger premium reductions will be automatically applied when you purchase, but a few must be requested specifically before they will apply.

While discounts sound great, it's important to understand that most credits do not apply to your bottom line cost. Most only cut individual premiums such as liability and collision coverage. Even though it may seem like all the discounts add up to a free policy, you aren't that lucky.

To choose companies that offer discounts in Indianapolis, click here.

Compare prices but buy from a local Indianapolis insurance agency

Certain consumers just prefer to talk to an insurance agent and doing so can bring peace of mind Most agents can help you choose the best coverages and help file insurance claims. One of the best bonuses of comparing rates online is you can get the lowest rates and still buy from a local agent.

Find insurance agent in IndianapolisBy using this form (opens in new window), your insurance data is submitted to local insurance agents in Indianapolis who will give you quotes for your business. There is no need to contact any insurance agencies due to the fact that quote results will go to the email address you provide. If you want to quote rates from a specific company, you just need to find their quoting web page to submit a rate quote request.

Picking a insurance company is decision based upon more than just a low price. Get answers to these questions too.

Multiple types of auto insurance agents in Indianapolis

If you are wanting to find a reputable agency, it's important to understand the different agency structures and how they are distinctly different. Insurance agents in Indianapolis can be categorized as either independent agents or exclusive agents depending on their employer. Either can sell and service insurance coverage, but it's a good idea to understand the subtle differences because it can influence the type of agent you choose.

Exclusive Insurance Agencies

These type of agents write business for a single company like State Farm, AAA, Farmers Insurance or Allstate. They usually cannot provide rate quotes from other companies so you need to shop around if the rates are high. Exclusive insurance agents are well schooled on their products and sales techniques and that allows them to sell at a higher price point. Consumers frequently use the same agent partially due to loyalty to the company rather than low price.

Shown below is a list of exclusive insurance agencies in Indianapolis who can help you get comparison quotes.

More Indianapolis agents

Independent Insurance Agents

These agents are appointed with more than one company and that allows them to write policies with any number of different companies enabling the ability to shop coverage around. To transfer your coverage to a different company, they simply move the coverage in-house without you having to go to a different agency.

When searching for an agent, we recommend you get some free quotes from at a minimum one independent agency to get the most accurate price comparison. They also have the ability to place coverage with different regional companies which can save you money.

Listed below is a list of independent agencies in Indianapolis who can help you get comparison quotes.

More Indianapolis agents

Upon receiving acceptable answers to any questions you may have as well as an affordable premium quote, you may have found an insurance agency that can be trusted to properly insure your vehicles. But remember, once you purchase a policy you can cancel your policy whenever you wish so never assume you're contractually obligated to any specific agency indefinitely.

Save $415 a year! What?

Indiana consumers constantly see and hear ads for the lowest price car insurance by companies like Allstate, GEICO and Progressive. They all seem to seem to make the promise that drivers can save some big amount if you move your coverage to them.

How does every car insurance company give you a lower rate on Honda Pilot insurance in Indianapolis? This is the way they can do it.

Many companies have a preferred profile for a prospective insured that earns them the most money. For instance, a profitable customer might be a mature driver, has no prior claims, and drives a vehicle with a low ISO rating. Any customer who fits those characteristics may get the lowest prices in Indianapolis and most likely will save some money.

Insureds who do not meet those standards will probably have to pay more expensive rates and business not being written. The ads state "drivers who switch" but not "everyone who gets a quote" save that kind of money. That's the way insurance companies can lure you into getting a quote. That is why drivers should compare free Indianapolis car insurance quotes often. You cannot predict which company will have the best premium rates for your profile.

Affordable insurance premiums are out there

While you're price shopping online, never skimp on critical coverages to save a buck or two. There are too many instances where an accident victim reduced full coverage only to regret at claim time that their decision to reduce coverage ended up costing them more. The ultimate goal is to purchase a proper amount of coverage at the best possible price, but do not sacrifice coverage to save money.

Throughout this article, we presented many tips how you can shop for Honda Pilot insurance online. The key thing to remember is the more rate quotes you have, the better your chances of lowering your rates. You may even discover the lowest prices come from a company that doesn't do a lot of advertising.

Drivers switch companies for any number of reasons including not issuing a premium refund, poor customer service, lack of trust in their agent and even denial of a claim. Regardless of your reason, switching companies can be less work than you think.

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