Are you looking for more competitive Honda Element insurance in Phoenix? Wish you could get out of overpriced Honda Element insurance in Phoenix? Believe me, you are not the only one feeling buyer’s remorse.
It’s astonishing, but a large majority of consumers renewed their policy with the same company for well over three years, and almost half have never shopped around. Many consumers in Phoenix could save about $730 each year just by comparing rates, but they don’t know the amount of money they would save if they switched.
Consumers have so many auto insurance companies to purchase coverage from, and even though it’s nice to have a choice, it makes it harder to find the lowest rates for Honda Element insurance in Phoenix.
It is always a good idea to shop coverage around at least once a year because insurance rates tend to go up over time. Even if you think you had the best deal on Honda Element insurance in Phoenix two years ago there is a good chance you can find better prices now. Ignore everything you know about insurance because you’re going to get a crash course in the fastest way to find lower rates on insurance.
Obtaining price quotes for the cheapest policy in Phoenix is quite easy. Virtually anyone who is required to buy insurance will find a lower-cost policy. But Arizona drivers can benefit by having an understanding of how big insurance companies set your policy premium and use it to find better rates.
Car insurance quotes and discounts
Car insurance is neither fun to buy or cheap, but companies offer discounts that many consumers don’t even know exist. Larger premium reductions will be automatically applied when you quote, but once in a while a discount must be inquired about before you get the savings. If you don’t get every credit you deserve, you are throwing money away.
- No Claims – Insureds with no claims or accidents pay much less in comparison to bad drivers.
- Braking Control Discount – Cars and trucks that have steering control and anti-lock brakes can reduce accidents so companies give up to a 10% discount.
- Sign Early and Save – Some companies reward drivers for buying a new policy prior to your current Element insurance policy expiration. It’s a savings of about 10%.
- Student Discounts – Maintaining excellent grades can save 20 to 25%. You can use this discount normally up until you turn 25.
- Multiple Policy Discount – When you have multiple policies and insure them both with the same insurance company you will save over 10 percent off each policy depending on the company.
- College Student – Older children who attend college more than 100 miles from Phoenix and do not have a car may be insured at a cheaper rate.
- Drive Less and Save – Driving fewer miles can qualify you for lower prices due to less chance of an accident.
- Senior Citizen Discount – If you qualify as a senior citizen, you could receive reduced rates.
- Discount for Home Ownership – Just owning your own home can save you money because of the fact that having a home means you have a higher level of financial diligence.
- No Charge for an Accident – This one isn’t a discount, but a handful of insurance companies will let one accident slide before they charge you more for coverage as long as you don’t have any claims prior to being involved in the accident.
Discounts reduce rates, but you should keep in mind that most credits do not apply to the entire policy premium. Some only apply to the cost of specific coverages such as comp or med pay. So even though you would think all those discounts means the company will pay you, companies don’t profit that way.
If you would like to see a list of providers who offer online Honda Element insurance quotes in Phoenix, click here.
Just remember that comparing all the rates in your area gives you a better chance of getting more affordable rates. Some companies don’t provide online price quotes, so you also need to get quotes from them, too.
The companies in the list below provide quotes in Phoenix, AZ. If multiple companies are listed, we recommend you visit two to three different companies to get the lowest price.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Element LX 2WD | $286 | $574 | $404 | $24 | $122 | $1,410 | $118 |
| Element LX 4WD | $140 | $282 | $362 | $22 | $108 | $914 | $76 |
| Element EX 2WD | $222 | $456 | $314 | $18 | $94 | $1,104 | $92 |
| Element EX 4WD | $188 | $314 | $300 | $18 | $90 | $910 | $76 |
| Element SC 2WD | $224 | $382 | $306 | $18 | $92 | $1,022 | $85 |
| Get Your Own Custom Quote Go | |||||||
Data variables include married female driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Arizona minimum liability limits. Discounts applied include multi-policy, claim-free, homeowner, safe-driver, and multi-vehicle. Price information does not factor in specific location which can alter premiums significantly.
Higher deductibles save money
One common question asked by Phoenix drivers is which deductible level should you buy. The following insurance rates help summarize the differences in price of buying low and high policy deductibles. The first table uses a $250 physical damage deductible and the second rate table uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Element LX 2WD | $232 | $390 | $300 | $18 | $90 | $1,055 | $88 |
| Element LX 4WD | $232 | $390 | $300 | $18 | $90 | $1,055 | $88 |
| Element EX 2WD | $232 | $390 | $300 | $18 | $90 | $1,055 | $88 |
| Element EX 4WD | $232 | $390 | $300 | $18 | $90 | $1,055 | $88 |
| Element SC 2WD | $232 | $390 | $300 | $18 | $90 | $1,055 | $88 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Element LX 2WD | $188 | $314 | $300 | $18 | $90 | $910 | $76 |
| Element LX 4WD | $188 | $314 | $300 | $18 | $90 | $910 | $76 |
| Element EX 2WD | $188 | $314 | $300 | $18 | $90 | $910 | $76 |
| Element EX 4WD | $188 | $314 | $300 | $18 | $90 | $910 | $76 |
| Element SC 2WD | $188 | $314 | $300 | $18 | $90 | $910 | $76 |
| Get Your Own Custom Quote Go | |||||||
Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Arizona minimum liability limits. Discounts applied include multi-policy, claim-free, safe-driver, multi-vehicle, and homeowner. Rate information does not factor in garaging location in Phoenix which can impact prices substantially.
Based on the data above, we can derive that using a $250 deductible would cost the average driver about $12 more each month or $144 each year than choosing the higher $500 deductible. Since you would pay $250 more if you turn in a claim with a $500 deductible as compared to a $250 deductible, if you average at least 21 months between claims, you would save money if you decide on a higher deductible.
Impact of careless driving on auto insurance rates
The diagram below demonstrates how citations and at-fault claims impact Honda Element insurance rates for different age groups. The data assumes a married female driver, comprehensive and collision coverage, $500 deductibles, and no discounts are taken into consideration.
Auto insurance deductibles
The information below illustrates how your deductible choice and can influence Honda Element annual premium costs for each age group. The data assumes a single female driver, full physical damage coverage, and no discounts are applied.
Compare rates but buy from a local Phoenix insurance agent
Many drivers still like to have an agent’s advice and that is a personal choice. A good thing about comparing insurance prices online is you can get cheaper prices and still have a local agent. And providing support for local insurance agencies is especially important in Phoenix.
For easy comparison, once you complete this form (opens in new window), your coverage information is sent to agents in your area who can give free rate quotes to get your business. You won’t even need to find an agent on your own due to the fact that quote results will go directly to you. You’ll get the best rates and a licensed agent to work with. If you want to get a comparison quote from a specific company, you just need to find their quoting web page and fill out their quote form.
Two different types of car insurance agents
When researching a reliable agent, you must know there are a couple types of agencies that differ in how they can insure your vehicles. Phoenix agents can either be independent or exclusive.
Independent Agents (or Brokers)
Independent agents are not employed by any specific company so they can write business through many companies enabling the ability to shop coverage around. To move your coverage to a new company, an independent agent can move your coverage and you don’t have to do anything.
When comparison shopping, you should always include rate quotes from independent agents for the best price selection.
Listed below are Phoenix independent insurance agents that may be able to provide comparison quotes.
Horizon Insurance Group
2880 E Northern Ave #100 – Phoenix, AZ 85028 – (602) 992-9750 – View Map
Best Buy Insurance
3917 S Central Ave – Phoenix, AZ 85040 – (602) 268-2548 – View Map
UNO Insurance Agency
3510 E Bell Rd # 2 – Phoenix, AZ 85032 – (602) 493-2300 – View Map
Exclusive Car Insurance Agencies
These type of agents can usually just insure with one company and examples are American Family, State Farm, and Allstate. These agents are unable to compare other company’s rates so it’s a take it or leave it situation. Exclusive agents are well trained on what they offer and that enables them to sell even at higher rates.
Listed below is a list of exclusive agencies in Phoenix who can help you get comparison quotes.
Eric Hamilton – State Farm Insurance Agent
10265 W Camelback Rd #120 – Phoenix, AZ 85037 – (623) 848-3048 – View Map
Lynn Buss – State Farm Insurance Agent
4022 E Broadway Rd #106 – Phoenix, AZ 85040 – (602) 454-8570 – View Map
Lupita Fernandez – State Farm Insurance Agent
2610 W Baseline Rd Ste 116 – Phoenix, AZ 85041 – (602) 633-2088 – View Map
Deciding on an insurance agency requires you to look at more than just a low price. These are some questions your agent should answer.
- How will an accident affect your rates?
- Is the agency active in community causes in Phoenix?
- Do the companies they represent have a solid financial rating?
- How often do they review coverages?
- Can you choose the body shop in case repairs are needed?
- Do they have designations such as AIC, CPCU, or CIC?
- How much experience to they have in personal lines coverages?
- Are there any extra charges for paying monthly?
Once you have positive responses to these questions as well as a price you’re happy with, chances are good that you have found an auto insurance agent that can be trusted to adequately provide car insurance. Just remember you are able to terminate your policy at any time so don’t assume you are locked into a specific company for the entire policy term.
Get the best coverage at the most affordable price
The cheapest Honda Element insurance in Phoenix is available both online and from local agencies, so you should be comparing quotes from both in order to have the best chance of saving money. Some insurance providers may not offer the ability to get a quote online and most of the time these regional carriers only sell coverage through local independent agencies.
We covered a lot of ways to save on Honda Element insurance in Phoenix. It’s most important to understand that the more price quotes you have, the more likely it is that you will get a better rate. You may even be surprised to find that the lowest rates come from a small mutual company. They often have lower car insurance rates on specific markets than their larger competitors like State Farm or Progressive.
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