Are you at wits end from not being able to scrape enough together to pay high auto insurance rates every month? You are no different than millions of other vehicle owners.
Remarkably, a study showed that about 70% of customers have purchased from the same company for well over three years, and nearly the majority have never compared auto insurance rates at all. Consumers in Texas could save up to $1,770 a year, but they don’t know how much they could save if they bought a different policy.
How to find better rates for Honda Fit insurance in Corpus Christi
The most effective way to get the cheapest Honda Fit insurance is to start comparing prices yearly from insurance carriers in Corpus Christi. You can compare prices by following these guidelines.
- Get a basic knowledge of the coverage provided by your policy and the measures you can take to keep rates low. Many policy risk factors that drive up the price like speeding tickets, careless driving and an imperfect credit rating can be eliminated by paying attention to minor details.
- Compare prices from exclusive agents, independent agents, and direct providers. Exclusive agents and direct companies can only quote rates from one company like Progressive or Farmers Insurance, while independent agencies can give you price quotes for a wide range of companies. Click to view companies
- Compare the new rates to your existing coverage and determine if cheaper Fit coverage is available in Corpus Christi. If you find a lower rate, make sure there is no lapse in coverage.
- Give notification to your agent or company to cancel your current policy. Submit a signed application and payment to your new company or agent. As soon as coverage is bound, place the new proof of insurance paperwork in a readily accessible location in your vehicle.
The key aspect of shopping around is that you use the same amount of coverage on every quote and and to get price quotes from as many auto insurance providers as possible. This ensures a level playing field and a thorough price selection.
Vehicle owners have so many auto insurance companies to purchase coverage from, and though it is a good thing to have multiple companies, it can be more difficult to compare rates for Honda Fit insurance in Corpus Christi.
It’s smart to take a look at other company’s rates at least once a year because auto insurance prices change regularly. If you had the best rates on Honda Fit insurance in Corpus Christi a couple years back there may be better deals available now. There are lots of tips to save on Fit insurance online but we’re going to give you some proven techniques to slash your auto insurance rates in Corpus Christi.
Smart Choices Result in Lower Insurance Prices
Consumers need to have an understanding of the rating factors that help calculate the level of your policy premiums. If you know what positively or negatively impacts your premiums, this allows you to make good choices that may result in lower car insurance prices. Many different elements are used when you quote your car insurance policy. Some factors are common sense like an MVR report, but others are less apparent like where you live or how financially stable you are.
Shown below are a partial list of the pieces utilized by car insurance companies to help set rates.
Alarms and GPS tracking lower rates – Buying a car with advanced anti-theft systems can save you some money. Advanced theft deterrents like OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems can thwart your vehicle from being stolen.
Get married and pay lower rates – Having a significant other may earn you lower rates on car insurance. Having a significant other translates into being more stable financially and insurance companies reward insureds because drivers who are married file infrequent claims.
High policy claims frequency drives up prices – If you frequently file small claims, you can expect either a policy non-renewal or much higher rates. Car insurance companies in Texas provide better rates to insureds who are not frequent claim filers. Your car insurance is designed for larger claims.
Extra coverages may not be needed – There are a ton of optional add-on coverages that you can buy but may not be useful. Insurance for things like rental car reimbursement, towing, and Farm Bureau memberships may be wasting your money. They may seem like a good idea initially, but your needs may have changed so remove them from your policy.
Buy a safe car and pay less – Cars with high safety ratings are cheaper to insure. The safest vehicles help reduce the chance of injuries in an accident and fewer injuries translates into fewer and smaller insurance claims and thus lower rates. If your Honda Fit is rated at a minimum an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you may qualify for a discount.
Insurance losses for a Honda Fit – Companies use statistical claims data to determine a price that will be profitable for them. Models that historically have a trend towards higher claim severity or frequency will have increased rates. The table below outlines the historical loss data for Honda Fit vehicles.
For each policy coverage, the statistical loss for all vehicles compiled together is a value of 100. Values under 100 mean the vehicle has better than average losses, while numbers shown that are more than 100 point to more losses or a tendency for claims to be larger.
| Vehicle Make and Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Honda Fit | 89 | 78 | 90 | 99 | 97 | 92 |
Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
The companies shown below can provide free quotes in Texas. In order to find cheap car insurance in Corpus Christi, we recommend you click on several of them in order to get a fair rate comparison.
Honda Fit detailed coverage information
The rate information below outlines estimates of insurance costs for Honda Fit models. Having a better idea how insurance policy rates are calculated is important to be able to make informed purchases.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Fit | $246 | $580 | $264 | $16 | $80 | $1,186 | $99 |
| Fit Sport | $282 | $580 | $264 | $16 | $80 | $1,222 | $102 |
| Fit Sport VSA | $282 | $684 | $264 | $16 | $80 | $1,326 | $111 |
| Get Your Own Custom Quote Go | |||||||
Table data assumes married female driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Texas minimum liability limits. Discounts applied include multi-policy, homeowner, safe-driver, claim-free, and multi-vehicle. Premium costs do not factor in zip code location which can revise coverage rates considerably.
Auto insurance deductibles
When shopping for auto insurance, a common question is which deductible level should you buy. The tables below outline the costs and benefits of buying low and high physical damage coverage deductibles. The first set of rates uses a $100 comprehensive and collision deductible and the second price table uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Fit | $286 | $592 | $252 | $14 | $76 | $1,245 | $104 |
| Fit Sport | $328 | $592 | $252 | $14 | $76 | $1,287 | $107 |
| Fit Sport VSA | $328 | $698 | $252 | $14 | $76 | $1,393 | $116 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Fit | $208 | $400 | $252 | $14 | $76 | $950 | $79 |
| Fit Sport | $240 | $400 | $252 | $14 | $76 | $982 | $82 |
| Fit Sport VSA | $240 | $472 | $252 | $14 | $76 | $1,054 | $88 |
| Get Your Own Custom Quote Go | |||||||
Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include homeowner, safe-driver, multi-policy, multi-vehicle, and claim-free. Rate information does not factor in specific location information which can affect premiums considerably.
Using the data above, we can ascertain that using a $100 deductible costs an average of $26 more each month or $312 for a full year than requesting the higher $500 deductible. Because you would be required to pay $400 more if you file a claim with a $500 deductible as compared to a $100 deductible, if you tend to have more than 15 months between claim filings, you would more than likely save some money by selecting a higher deductible.
How to decide to raise your deductibles
| Average monthly premium for $100 deductibles: | $109 |
| Average monthly premium for $500 deductibles (subtract): | – $83 |
| Monthly savings from raising deductible: | $26 |
| Difference between deductibles ($500 – $100): | $400 |
| Divide difference by monthly savings: | $400 / $26 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 15 months |
An important thing to remember is that increasing deductibles to save money means you will have to cover more of the damage yourself at claim time. You should have a higher level of savings in order to pay the higher deductible in order to repair your vehicle.
The information below shows how choosing a deductible and can impact Honda Fit insurance costs for each age group. The price estimates are based on a single female driver, comprehensive and collision coverage, and no discounts are applied.
Auto insurance rates based on gender
The diagram below illustrates the comparison of Honda Fit car insurance rates for male and female drivers. The premiums are based on no accidents, no driving violations, comp and collision included, $500 deductibles, single marital status, and no additional discounts are factored in.
Full coverage or liability only
The information below shows the difference between Honda Fit premium costs with liability coverage only compared to full coverage. The price estimates are based on no claims or driving citations, $100 deductibles, drivers are not married, and no discounts are taken into consideration.
Guidelines for eliminating full coverage
There isn’t a steadfast formula for excluding physical damage insurance, but there is a guideline you can use. If the annual cost of comprehensive and collision coverage is about 10% or more of the replacement cost minus the deductible, then it’s probably a good time to buy liability coverage only.
For example, let’s pretend your Honda Fit settlement value is $9,000 and you have $1,000 deductibles. If your vehicle is severely damaged, the most your company will settle for is $8,000 after you pay the deductible. If premiums are more than $800 a year for comprehensive and collision coverage, then it could be time to drop full coverage.
There are a few situations where eliminating full coverage is not advised. If you still owe a portion of the original loan, you have to carry full coverage to protect the lienholder’s interest. Also, if you cannot afford to purchase a different vehicle if your current one is totaled, you should not opt for liability only.
Car insurance is not optional in Texas
Despite the potentially high cost of Honda Fit insurance, buying car insurance is a good idea for several reasons.
- The majority of states have mandatory insurance requirements which means state laws require specific limits of liability insurance in order to drive the car legally. In Texas these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
- If you took out a loan on your vehicle, most lenders will require you to have comprehensive coverage to guarantee their interest in the vehicle. If you let the policy lapse, the bank may buy a policy for your Honda at a more expensive rate and force you to reimburse them for the expensive policy.
- Insurance safeguards both your assets and your Honda Fit. Insurance will also pay for medical expenses incurred in an accident. Liability coverage also pays for attorney fees and expenses if someone files suit against you as the result of an accident. If you have damage to your Honda as the result of the weather or an accident, comprehensive (other-than-collision) and collision coverage will pay to repair the damage.
The benefits of buying car insurance more than cancel out the cost, especially if you ever need it. Despite what companies tell you, the average driver is wasting up to $810 a year so we recommend shopping around at every policy renewal to ensure rates are competitive.
Cheap Honda Fit insurance quotes in Corpus Christi
Some providers don’t always advertise all available discounts in a way that’s easy to find, so the below list has a few of the more well known as well as some of the hidden credits available to lower your premiums when you buy Corpus Christi car insurance online.
- Low Mileage – Keeping the miles down on your Honda could qualify for cheaper prices.
- Switch and Save Discount – A few insurance companies offer discounts for renewing your policy before your current coverage expires. It’s a savings of about 10%.
- Include Life Insurance and Save – Select insurance companies reward you with a discounted price on car insurance if you buy a life policy as well.
- Drivers Ed for Students – Make teen driver coverage more affordable by requiring them to participate in a local driver’s education class as it can save substantially.
- Telematics Data – Drivers who elect to allow companies to analyze their driving habits by installing a telematics device such as In-Drive from State Farm or Allstate’s Drivewise system may see discounts if they show good driving skills.
- Online Discount – A few larger online companies will give you a small discount for completing your application online.
Keep in mind that most of the big mark downs will not be given to your bottom line cost. Most only reduce the cost of specific coverages such as liability and collision coverage. Just because it seems like having all the discounts means you get insurance for free, you aren’t that lucky. But any discount should help lower your policy premium.
The chart below illustrates the comparison of Honda Fit auto insurance rates with and without discounts applied to the policy premium. The data assumes a female driver, a clean driving record, no claims, Texas state minimum liability limits, comprehensive and collision coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, marriage, multi-policy, safe-driver, multi-car, and claim-free discounts applied.
A list of insurance companies and some of the discounts can be read below.
- GEICO includes discounts for multi-vehicle, military active duty, membership and employees, air bags, good student, federal employee, and multi-policy.
- Mercury Insurance may offer discounts for good driver, annual mileage, location of vehicle, accident-free, ease of repair, and multi-policy.
- Farmers Insurance offers premium reductions for mature driver, good student, homeowner, switch companies, multi-car, early shopping, and electronic funds transfer.
- Auto-Owners Insurance may have discounts that include safe vehicle, student away at school, anti-theft, multi-policy, and paperless.
- Liberty Mutual offers discounts for preferred payment discount, exclusive group savings, new move discount, good student, and new graduate.
- SAFECO may include discounts for accident prevention training, anti-lock brakes, teen safety rewards, bundle discounts, drive less, safe driver, and multi-car.
- Progressive policyholders can earn discounts including good student, continuous coverage, homeowner, online quote discount, multi-vehicle, and multi-policy.
- USAA offers discounts including driver training, loyalty savings, multi-policy, defensive driver, new vehicle, good student, and multi-vehicle.
If you need lower rates, check with all companies you are considering which discounts they offer. Depending on the company, some discounts might not apply in Corpus Christi. For a list of insurers with discount rates in Texas, click this link.
When should I talk to a local insurance agent?
Some consumers prefer to buy from a local agent and doing so can bring peace of mind Professional insurance agents can point out coverage gaps and help in the event of a claim. One of the benefits of getting free rate quotes online is that drivers can save money and get lower premium rates and still have an agent to talk to.
Upon completion of this short form, your insurance data is immediately sent to insurance agents in Corpus Christi that can give you free Corpus Christi car insurance quotes for your insurance coverage. There is no need to search for any insurance agencies as quotes are delivered to you. If you have a need to get a price quote from a specific company, don’t hesitate to search and find their rate quote page to submit a rate quote request.
Finding a good insurer should include more criteria than just the premium amount. Some important questions to ask are:
- How long has their agency been in business in Corpus Christi?
- How many companies do they write for?
- Is the coverage adequate for your vehicle?
- Which company do they place the most coverage with?
- Is assistance available after office hours?
- How does the company pay claims for a total loss?
When finding a local Corpus Christi insurance agent, you should know the types of agencies and how they function. Agents are either independent (non-exclusive) or exclusive. Both types can properly insure your vehicles, but we need to point out the differences because it can influence buying decisions.
Exclusive Agencies
Agents that choose to be exclusive work for only one company such as Allstate, State Farm and Farmers Insurance. Exclusive agents cannot place coverage with different providers so they really need to provide good service. These agents are highly trained on their products and sales techniques which helps them sell on service rather than price.
Listed below are exclusive agents in Corpus Christi who can help you get comparison quotes.
Farmers Insurance – Jennifer Tennill
1145 Waldron Rd – Corpus Christi, TX 78418 – (361) 939-7300 – View Map
Allstate Insurance: Donald Morrison
4535 S Padre Island Dr Ste 37 – Corpus Christi, TX 78411 – (361) 854-2383 – View Map
State Farm: Curtis Rich
6646 S Staples St #130 – Corpus Christi, TX 78413 – (361) 992-1148 – View Map
Independent Insurance Agents
Independent agencies are normally appointed by many insurers so as a result can place your coverage with a variety of different insurance companies and possibly get better coverage at lower prices. If premiums increase, the business is moved internally and you don’t have to do anything. When comparing rate quotes, you definitely need to contact a couple of independent agencies for maximum quote selection.
The following are Corpus Christi independent insurance agencies who can help you get rate quotes.
Joe Morales Insurance
5230 Kostoryz Rd # 18 – Corpus Christi, TX 78415 – (361) 852-4292 – View Map
CMM INSURANCE AGENCY
5009 Kostoryz Rd – Corpus Christi, TX 78415 – (361) 654-0030 – View Map
Lancaster and Bay Insurance Agency
3124 S Alameda St – Corpus Christi, TX 78404 – (361) 853-0405 – View Map
You can find affordable coverage
You just read a lot of information how to reduce Honda Fit insurance premium rates online in Corpus Christi. It’s most important to understand that the more rate quotes you have, the more likely it is that you will get a better rate. Consumers may even find the most savings is with the smaller companies. Regional companies may have significantly lower prices on certain market segments than the large multi-state companies such as Allstate, GEICO and Progressive.
Cheaper auto insurance in Corpus Christi is available on the web in addition to local insurance agencies, and you should compare price quotes from both in order to have the best chance of saving money. Some auto insurance companies don’t offer price quotes online and most of the time these small insurance companies work with independent agents.
Steps to buying discount Honda Fit insurance in Corpus Christi
The recommended way to get discount Honda Fit insurance is to make a habit of regularly comparing prices from companies that insure vehicles in Corpus Christi.
- Step 1: Learn about how insurance companies determine prices and the things you can control to drop your rates. Many rating factors that are responsible for high rates like accidents, traffic tickets, and a less-than-favorable credit history can be controlled by being financially responsible and driving safely.
- Step 2: Request price quotes from independent agents, exclusive agents, and direct companies. Exclusive and direct companies can only quote rates from one company like GEICO or State Farm, while independent agents can provide prices from multiple sources.
- Step 3: Compare the price quotes to your existing coverage to see if switching to a new carrier will save money. If you can save some money and buy the policy, ensure coverage does not lapse between policies.
- Step 4: Notify your agent or company of your intention to cancel your current coverage and submit payment and a completed application to your new agent or company. When you receive it, safely store the certificate verifying proof of insurance with the vehicle registration.
The key aspect of shopping around is to use the same coverage limits and deductibles on each quote and and to compare all possible companies. Doing this guarantees a fair rate comparison and a complete price analysis.
More detailed auto insurance information can be found at these sites:
- Choosing an Insurance Company (Insurance Information Institute)
- What Car Insurance is Cheapest for Young Drivers in Corpus Christi? (FAQ)
- Who Has Affordable Corpus Christi Car Insurance Quotes for a Kia Optima? (FAQ)
- How Much are Auto Insurance Quotes for a Learners Permit in Corpus Christi? (FAQ)
- How Much is Car Insurance for Veterans in Corpus Christi? (FAQ)
- Who Has Cheap Corpus Christi Car Insurance for a Ford Explorer? (FAQ)
- Keeping Children Safe in Crashes Video (iihs.org)
- Auto Insurance 101 (About.com)
- Air Bags: Potential Dangers to Your Children (Insurance Information Institute)