Find Cheaper Honda Pilot Insurance in Portland

We don’t have to point out that fact that car insurance companies want to keep your business as long as possible. Consumers who perform rate comparisons will, in all likelihood, buy a new policy because there is a great chance of finding discount prices. A study discovered that drivers who routinely shopped for cheaper coverage saved as much as $3,400 over four years compared to other drivers who never compared other company’s rates.

If finding the cheapest price on insurance is why you’re reading this, then having some knowledge of how to compare insurance coverage can help make the process easier.

If saving the most money is your goal, then the best way to get affordable car insurance rates in Portland is to do an annual price comparison from insurers in Oregon.

1. Spend a few minutes and learn about how insurance works and the factors you can control to keep rates down. Many policy risk factors that increase rates such as traffic violations, accidents, and a bad credit rating can be eliminated by paying attention to minor details.
2. Obtain price quotes from exclusive agents, independent agents, and direct providers. Direct and exclusive agents can only give prices from one company like Progressive or Farmers Insurance, while independent agents can provide rate quotes for a wide range of companies. Compare rates
3. Compare the price quotes to your existing coverage and determine if there is any savings. If you find a better price, make sure coverage is continuous and does not lapse.
4. Tell your current company to cancel your existing policy and submit a down payment along with a completed application to the new insurer. Immediately upon receiving it, keep your new certificate verifying proof of insurance along with the vehicle’s registration papers.

The key aspect of shopping around is to use similar coverage information on every price quote and and to look at every insurance company. This ensures a fair price comparison and a complete rate analysis.

The providers in the list below provide free quotes in Portland, OR. To buy the best cheap auto insurance in OR, we recommend you get rate quotes from several of them in order to find the most competitive rates.

Do you qualify for discounts?

Some insurers don’t necessarily list the entire discount list very clearly, so the next list breaks down a few of the more well known and the harder-to-find credits that may apply to you.

• Service Members Pay Less – Having a deployed family member may qualify for rate reductions.
• Accident-Free Discounts – Portland drivers who stay claim-free pay much less when compared to drivers who are more careless.
• Save with a New Car – Insuring a new Pilot is cheaper because newer vehicles are generally safer.
• Club Memberships – Being a member of qualifying employment or professional organizations is a good way to get lower rates on your policy.
• Telematics Devices – Drivers that enable driving data collection to look at where and when they drive remotely such as Progressive’s Snapshot and State Farm’s In-Drive might get better premium rates as long as the data is positive.
• Own a Home – Being a homeowner can save a few bucks because it shows financial diligence.

Don’t be surprised that most discounts do not apply to the overall cost of the policy. Most only cut individual premiums such as comprehensive or collision. Even though it may seem like it’s possible to get free car insurance, it doesn’t quite work that way.

The illustration below illustrates the comparison of Honda Pilot car insurance rates with and without discounts applied to the premium. The premiums assume a male driver, no accidents or driving violations, Oregon state minimum liability limits, comp and collision included, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, marriage, homeowner, safe-driver, multi-car, and claim-free discounts applied.

Companies and the discounts they provide are:

• State Farm offers discounts for good student, Steer Clear safe driver discount, anti-theft, defensive driving training, and multiple autos.
• Liberty Mutual offers premium reductions for good student, exclusive group savings, new graduate, teen driver discount, and multi-policy.
• American Family offers discounts including Steer into Savings, air bags, bundled insurance, good student, and TimeAway discount.
• Progressive has savings for online quote discount, multi-vehicle, online signing, good student, multi-policy, continuous coverage, and homeowner.
• Farmers Insurance may offer discounts for pay in full, early shopping, multi-car, mature driver, distant student, youthful driver, and teen driver.
• Auto-Owners Insurance discounts include paid in full, good student, air bags, student away at school, anti-lock brakes, mature driver, and teen driver.
• SAFECO includes discounts for homeowner, accident prevention training, safe driver, multi-car, and bundle discounts.

Check with each company or agent which credits you are entitled to. A few discounts might not be offered on policies in every state. To find insurance companies that provide some of the discounts listed above in Portland, follow this link.

Rates and detailed analysis

The table shown below outlines detailed analysis of insurance premium costs for Honda Pilot models. Learning a little about how policy premiums are calculated helps drivers make informed decisions when shopping around for a new policy.

Cost estimates assume single female driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Oregon minimum liability limits. Discounts applied include multi-vehicle, safe-driver, claim-free, multi-policy, and homeowner. Premium costs do not factor in your specific Portland location which can change premium rates substantially.

Raise deductibles and save

One frequently asked question is which deductibles should you choose. The tables below can help show how much more you’ll pay when you select higher and lower coverage deductibles. The first rate quote example uses a $100 deductible and the second set of prices uses a $1,000 deductible.

Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Oregon minimum liability limits. Discounts applied include safe-driver, homeowner, multi-vehicle, multi-policy, and claim-free. Rates do not factor in vehicle location which can increase or decrease insurance rates noticeably.

Based on this data, we can arrive at the conclusion that using a $100 deductible will cost you approximately $32 more each month or $384 each year averaged for all Pilot models than quoting the higher $1,000 deductible. Because you would pay $900 more to file a claim with a $1,000 deductible as compared to a $100 deductible, if you tend to have at a minimum 28 months between claim filings, you would come out ahead by selecting a higher deductible.

The information below illustrates how your choice of deductibles and can change Honda Pilot insurance costs for different ages of insureds. Data assumes a married female driver, comprehensive and collision coverage, and no discounts are applied.

Rate comparison of full coverage and liability-only

The information below illustrates the comparison of Honda Pilot insurance costs with and without full coverage. The premiums assume no accidents or driving violations, $250 deductibles, drivers are single, and no discounts are factored in.

Should you buy full coverage or liability only?

There is no set rule for dropping physical damage coverage on your policy, but there is a general school of thought. If the annual cost of coverage is 10% or more of the vehicle’s replacement cost less your deductible, then it might be time to buy liability only.

For example, let’s pretend your Honda Pilot claim settlement value is $3,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled in an accident, the most your company will settle for is $2,000 after the deductible is paid. If premiums are more than $200 annually for physical damage coverage, then you might want to consider buying only liability coverage.

There are a few cases where dropping physical damage coverage is not financially feasible. If you haven’t paid off your loan, you have to keep full coverage as part of the loan requirements. Also, if you don’t have enough money to buy a different vehicle in the even your car is totaled, you should keep full coverage on your policy.

Get rate quotes but buy from a local Portland insurance agent

Some consumers would rather buy from a licensed agent and often times that is recommended Licensed agents can help you choose the best coverages and help submit paperwork. One of the best bonuses of comparing insurance prices online is that you can obtain cheap rate quotes but still work with a licensed agent.

To make it easy to find an agent, after completing this short form, your coverage information is immediately sent to companies in Portland who will give you quotes and help you find cheaper coverage. There is no need to contact any agents since price quotes are sent to the email address you provide. If you want to get a rate quote from a particular provider, feel free to jump over to their website to submit a rate quote request.

Finding a good provider requires more thought than just a cheap price quote. Get answers to these questions too.

• How experienced are they in personal risk management?
• Can glass claims be handled at your home?
• Do they have advanced training designations such as CPCU, AAI, AIC, or CIC?
• Do you have coverage for a rental car if your vehicle is in the repair shop?
• Which members of your family are coverage by the policy?
• Which insurance companies are they affiliated with?
• Which company do they place the most coverage with?

If you are wanting to purchase car insurance from a reliable insurance agency, you must know there are a couple different types of agents that you can select. Portland agents are considered either exclusive agents or independent agents. Either can insure your vehicles properly, but it is a good idea to know how they are different because it can impact the kind of agent you use.

Exclusive Agents

Agents in the exclusive channel can only provide pricing for a single company and examples are AAA, State Farm, Farmers Insurance, and Allstate. They generally cannot place coverage with different providers so they are skilled at selling on more than just price. Exclusive agents are well schooled on their products and sales techniques which helps overcome the inability to quote other rates.

Listed below are Portland exclusive insurance agencies who can help you get rate quotes.

More Portland agents

Independent Agents (or Brokers)

Independent agents are not locked into one company so they can write business amongst many companies and find you the best rates. If you are not satisfied with one company, they simply move your policy to a different company and the insured can keep the same agent. If you need lower rates, we highly recommend that you compare quotes from multiple independent agents for the best price selection.

Below is a list of independent agents in Portland who can help you get price quote information.

More Portland agents

If you get good responses to any questions you may have as well as a affordable price, you’ve probably found an insurance agency that meets the criteria to service your policy. But remember, it’s your policy and you can terminate your policy for any reason so don’t assume you are locked into a specific agent for the entire policy term.

Auto insurance is unique, just like you

When selecting insurance from an agent or online, there really is no single plan that fits everyone. You are unique.

These are some specific questions can aid in determining if you might need professional guidance.

• Is a driver training discount available?
• Should I buy only the required Oregon minimum liability coverage?
• If I drive on a suspended license am I covered?
• Do I have coverage when using my vehicle for my home business?
• Can my babysitter drive my car?
• How much liability do I need to cover my assets?
• Does my policy cover me when driving someone else’s vehicle?
• Do I need to file an SR-22 for a DUI in Oregon?
• How much liability insurance is required?

If you can’t answer these questions but you think they might apply to your situation, you may need to chat with an agent. To find an agent in your area, complete this form. It’s fast, free and you can get the answers you need.

How do Car Insurance Companies Determine Honda Pilot Insurance Costs?

Many things are used in the calculation when you get a price on insurance. Some of the criteria are obvious such as traffic violations, although some other factors are less apparent like where you live or your commute time.

The items below are some of the factors companies use to determine prices.

Poor credit can mean higher premiums – A driver’s credit score will be a significant factor in determining premium rates. If your credit history could use some work, you could be paying less to insure your Honda Pilot by improving your rating. People that have excellent credit scores tend to file fewer claims than drivers who have lower ratings.

Cheaper rates after marriage – Walking down the aisle helps lower the price on your policy. Having a significant other means you’re more mature than a single person and statistics prove married drivers tend to have fewer serious accidents.

Men tend to take more risk – Statistics have proven that females take fewer risks when driving. It does not mean females are better at driving than males. They both cause accidents at a similar rate, but guys cause more damage and cost insurance companies more money. Not only are claims higher, but men get cited for more serious violations such as reckless driving.

The example below illustrates the difference between Honda Pilot yearly insurance costs for male and female drivers. The premiums assume no accidents, no driving violations, full coverage, $100 deductibles, single status, and no policy discounts are applied.

Accidents will cost you – Just one ticket can increase rates by twenty percent. Careful drivers get better prices compared to bad drivers. Drivers who have received multiple violations such as DWI, reckless driving or hit and run convictions may be required to maintain a SR-22 with the DMV in their state in order to keep their license.

The information below demonstrates how traffic citations and at-fault collisions influence Honda Pilot auto insurance rates for each age group. The prices are based on a married female driver, comp and collision included, $250 deductibles, and no discounts are applied to the premium.

Avoid unnecessary extra coverages – There are a ton of add-on coverages that sound like a good idea at the time if you don’t pay attention. Insurance for things like rental car coverage, towing, and extra equipment coverage are probably not needed. These coverages may sound good initially, but now you might not need them so remove them and pocket the money.

Frequent policy claims will cost you more – Auto insurance companies in Oregon award cheaper rates to insureds who only file infrequent claims. If you file a lot of claims you can pretty much guarantee increased rates or even have your policy non-renewed. Auto insurance is meant to be used in the event of the bigger claims that can’t be paid out-of-pocket.

Higher premiums for insurance lapses – Having a lapse in insurance coverage is a quick way to increase your insurance rates. And not only will insurance be more expensive, getting caught without coverage may earn you fines or a revoked license. You may need to file a SR-22 with the Oregon motor vehicle department to get your license reinstated.

Honda Pilot statistical loss data – Insurance companies analyze historical claim data to calculate a price that offsets possible losses. Models that the data determines to have high amounts or severity of claims will be charged more to insure. The table below demonstrates the actual insurance loss data for Honda Pilot vehicles.

For each policy coverage, the claim probability for all vehicles, as an average, is a value of 100. Numbers below 100 mean the vehicle has better than average losses, while values that are above 100 indicate frequent claims or tendency to have higher losses.

Car insurance does more than just repair your car

Despite the high insurance cost for a Honda Pilot in Portland, maintaining insurance is most likely required but also gives you several important benefits.

• Almost all states have mandatory insurance requirements which means the state requires a specific minimum amount of liability insurance if you don’t want to risk a ticket. In Oregon these limits are 25/50/20 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $20,000 of property damage coverage.
• If your Honda has a lienholder, most lenders will make it a condition of the loan that you have comprehensive coverage to protect their interest in the vehicle. If you do not pay your insurance premiums, the bank may insure your Honda at a significantly higher premium and force you to pay for the expensive policy.
• Insurance safeguards both your vehicle and your personal assets. It also can pay for medical bills for you, your passengers, and anyone else injured in an accident. Liability insurance also covers all legal expenses up to the policy limit if you are sued as the result of your driving. If your vehicle suffers damage from an accident or hail, your policy will pay all costs to repair after the deductible has been paid.

The benefits of carrying adequate insurance more than cancel out the cost, particularly if you ever have a claim. According to a survey of 1,000 drivers, the average driver overpays as much as $830 a year so you should quote and compare rates once a year at a minimum to help ensure money is not being wasted.

Portland auto insurance company ratings

Picking a good quality auto insurance company can be rather challenging considering how many companies provide coverage in Portland. The company information below can help you analyze which auto insurance companies to look at comparing prices from.

Top 10 Portland Car Insurance Companies Ranked by Customer Service

1. GEICO
2. State Farm
3. The Hartford
4. Mercury Insurance
5. The General
6. Progressive
7. Allstate
8. AAA Insurance
9. American Family
10. Nationwide

Top 10 Portland Car Insurance Companies Ranked by Value

1. USAA
2. American Family
3. The Hartford
4. Titan Insurance
5. The General
6. AAA Insurance
7. State Farm
8. Mercury Insurance
9. Nationwide
10. Safeco

In conclusion

Budget-conscious Honda Pilot insurance is attainable online in addition to many Portland insurance agents, so you should compare both in order to have the best chance of saving money. Some insurance providers do not provide the ability to get quotes online and most of the time these smaller providers work with independent insurance agencies.

We just covered some good ideas how you can shop for Honda Pilot insurance online. The key concept to understand is the more times you quote, the better your chances of lowering your premium rates. You may even discover the lowest car insurance rates are with some of the smallest insurance companies.

People who switch companies do it for any number of reasons including questionable increases in premium, high rates after DUI convictions, poor customer service and extreme rates for teen drivers. Regardless of your reason for switching companies, finding the right auto insurance provider is not as difficult as it may seem.

More tips and info about auto insurance can be read at these sites:

• Rental Car Insurance Tips (Insurance Information Institute)
• What Auto Insurance is Cheapest for a 20 Year Old Male in Portland? (FAQ)
• Who Has Cheap Portland Auto Insurance Rates for a Dodge Ram? (FAQ)
• What Car Insurance is Cheapest for a Nissan Sentra in Portland? (FAQ)
• Determining Auto Insurance Rates (GEICO)
• Tread Depth and Tire Safety (State Farm)