Discount Honda Odyssey insuranceHow many times have you told yourself to find low-cost Honda Odyssey insurance in Indianapolis? Have you finally had enough of sacrificing to make your insurance payment? You are no different than many other consumers in Indiana.

Unthinkable but true, over 70% of consumers kept their policy with the same company for over three years, and approximately 40% of consumers have never shopped around. Drivers in Indianapolis could pocket as much as $700 a year just by comparing rates, but they just don't understand the amount of money they would save if they swap their current policy for a cheaper one. There is such a variety of auto insurance companies to pick from, and even though it's nice to be able to choose, it makes it harder to find the lowest cost provider for Honda Odyssey insurance in Indianapolis.

It's smart to do rate comparisons before your next renewal because rates go up and down regularly. Just because you found the best deal on Honda Odyssey insurance in Indianapolis six months ago you can probably find a better price now. Block out anything you think you know about insurance because it's time to teach you the quickest way to find better rates and still maintain coverage.

Locating the best rates in Indianapolis is quite easy if you know the best way to do it. If you already have coverage, you will most likely be able to get lower rates using this information. Smart buyers just need to understand the quickest way to compare different rates online.

How to compare free Indianapolis Honda Odyssey insurance rate quotes

Getting a cheaper price on insurance can be relatively painless. You just have to take a few minutes comparing rate quotes from some recommended companies.

It's so simple to compare insurance quotes online makes it a waste of time to spend your day driving to and from local insurance agencies. Shopping for insurance online can eliminate the need for a local agent unless you prefer the trained advice that only an agent can give. Some companies do allow you to find lower rates online but have your policy serviced through an agent.

The car insurance companies shown below are ready to provide price quotes in Indianapolis, IN. If the list has multiple companies, we recommend you compare several of them to find the most affordable car insurance rates.

Honda Odyssey Insurance Costs in Indianapolis, IN
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Odyssey LX $234 $442 $380 $22 $114 $1,192 $99
Odyssey EX $182 $414 $364 $22 $110 $1,092 $91
Odyssey EX W/Rear Entertainment $132 $288 $294 $18 $88 $820 $68
Odyssey EX-L $116 $280 $318 $18 $94 $826 $69
Odyssey EX-L W/Rear Entertainment $172 $400 $340 $20 $102 $1,034 $86
Odyssey EX-L W/Navigation $220 $472 $290 $18 $86 $1,086 $91
Odyssey Touring $210 $422 $318 $18 $94 $1,062 $89
Get Your Own Custom Quote Go

Table data represents single female driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Indiana minimum liability limits. Discounts applied include claim-free, homeowner, multi-vehicle, safe-driver, and multi-policy. Rate quotes do not factor in vehicle location which can increase or decrease rates noticeably.

Price comparison of only insuring for liability

The information below visualizes the comparison of Honda Odyssey insurance prices with and without physical damage coverage. The rate quotes are based on no violations or claims, $1,000 deductibles, married female driver, and no discounts are factored in.

Are you wasting money paying for full coverage?

There is no clear-cut formula for eliminating comprehensive and collision coverage on your policy, but there is a broad guideline. If the annual cost of comprehensive and collision coverage is more than about 10% of replacement cost minus your deductible, then it could be time to drop full coverage.

For example, let's assume your Honda Odyssey replacement value is $6,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled in an accident, you would only receive $5,000 after paying your deductible. If premium cost is more than $500 a year for physical damage coverage, then you may want to consider only buying liability coverage.

There are some situations where only buying liability is not a good plan. If you still have a loan on your vehicle, you have to carry full coverage as part of the loan conditions. Also, if you don't have enough money to buy a different vehicle if your current one is totaled, you should maintain full coverage.

Higher deductibles lower rates

The diagram below demonstrates how deductible levels and can change Honda Odyssey 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.

Annual premiums for males compared to females in Indianapolis

The chart below illustrates the difference between Honda Odyssey auto insurance rates for male and female drivers. The rates are based on no accidents, no driving violations, full coverage, $500 deductibles, single marital status, and no discounts are applied to the premium.

Why you need insurance for your Odyssey

Despite the fact that auto insurance is not cheap in Indianapolis, buying auto insurance may be mandatory for several reasons.

The benefits of carrying adequate insurance definitely exceed the cost, especially when you need to use it. In a recent study of 1,000 drivers, the average customer overpays more than $850 per year so shop around each time the policy renews to save money.

Indianapolis Insurance Rates are Influenced by These Factors

The best way to find cheaper insurance is to take a look at the factors that play a part in calculating your insurance rates. If you know what determines premiums, this helps enable you to make changes that can earn you lower insurance prices. Many things are used when quoting car insurance. Some are pretty understandable such as your driving history, although some other factors are more transparent like your continuous coverage or how safe your car is.

The factors shown below are a partial list of the pieces insurance companies consider when setting your prices.

Lower rates by qualifying for discounts

Some providers do not list all discounts very clearly, so here is a list a few of the more well known and the harder-to-find credits available to you. If you check and find you aren't receiving every discount you qualify for, you're paying more than you need to.Car insurance discounts

You can save money using discounts, but most discounts do not apply to all coverage premiums. Most only reduce individual premiums such as physical damage coverage or medical payments. Just because it seems like you can get free auto insurance, you won't be that lucky. But any discount will bring down your premiums.

A list of companies and their offered discounts can be found below.

Before buying, ask each insurance company to apply every possible discount. Depending on the company, some discounts may not apply to policyholders everywhere. To view car insurance companies that offer some of these discounts in Indiana, click here to view.

Shop online but buy locally

Some consumers would rather go talk to an agent and we recommend doing that Good agents can point out coverage gaps and help file insurance claims. A good thing about comparing insurance prices online is you may find cheap car insurance rates and still buy from a local agent.

Insurance agency in IndianapolisBy using this quick form, your insurance data is instantly submitted to local insurance agents in Indianapolis who will give competitive quotes for your car insurance coverage. You never need to search for any insurance agencies since rate quotes are delivered directly to your email. If you wish to get a rate quote from one company in particular, you just need to find their quoting web page and complete a quote there.

Finding the right insurer shouldn't rely on just a cheap price. Any agent in Indianapolis should be willing to answer these questions.

When looking for a reputable agency, you must know there are a couple different types of agencies and how they can service your needs differently. Car insurance agents are categorized either exclusive or independent. Either type can properly insure your vehicles, but we need to point out why they differ since it may influence your agent selection.

Exclusive Car Insurance Agencies

Exclusive agents can only quote rates from one company and some examples include Allstate, State Farm and Farm Bureau. These agents are not able to place coverage with different providers so they really need to provide good service. They are usually well trained in insurance sales which helps them sell on service rather than price.

Below is a short list of exclusive insurance agencies in Indianapolis that are able to give rate quotes.

6437 Rucker Rd b - Indianapolis, IN 46220 - (317) 253-4300 - View Map

4770 S Emerson Ave #J, Indianapolis 46203 - 4770 S Emerson Ave #J, IN 46203 - (317) 782-8858 - View Map

5685 Lafayette Rd #700 - Indianapolis, IN 46254 - (317) 387-9182 - View Map

View more Indianapolis agents

Independent Insurance Agents

Independent agents are normally appointed by many insurers so they have the ability to put coverage through many companies and get you the best rates possible. If your premiums go up, they simply move the coverage in-house and you can keep the same agent.

If you are comparing rate quotes, you need to get insurance quotes from multiple independent agents to get the most accurate price comparison.

Below are Indianapolis independent agencies that can give you rate quotes.

4918 S Emerson Ave - Indianapolis, IN 46203 - (317) 780-2500 - View Map

2929 E 96th St Suite A. - Indianapolis, IN 46240 - (317) 844-3049 - View Map

4255 Lafayette Rd - Indianapolis, IN 46254 - (317) 290-2055 - View Map

View more Indianapolis agents

Persistence pays off

When shopping online for auto insurance, it's very important that you do not reduce coverage to reduce premium. In many instances, an insured dropped liability limits or collision coverage only to regret they didn't purchase enough coverage. Your strategy should be to purchase plenty of coverage at a price you can afford, but do not sacrifice coverage to save money.

There are still a few companies who do not provide rate quotes online and usually these smaller companies only sell coverage through independent insurance agents. Cost effective Honda Odyssey insurance can be found from both online companies as well as from insurance agents, and you should be comparing both to get a complete price analysis.

Throughout this article, we presented a lot of tips how to compare Honda Odyssey insurance prices in Indianapolis. The most important thing to understand is the more price quotes you have, the better your comparison will be. You may even find the lowest prices are with the smaller companies. Regional companies can often provide lower rates in certain areas than the large multi-state companies such as Allstate and Progressive.

Much more information about auto insurance in Indiana is located below: