Smart shoppers know that insurance companies don’t want you to look for a cheaper policy. Insureds who do rate comparisons will, in all likelihood, move their business because there are good odds of finding good coverage at a lower price. A recent survey discovered that consumers who routinely shopped around saved $865 a year compared to those who never shopped around for better prices.
If finding the most affordable auto insurance in Honolulu is the reason for your visit, then knowing how to compare cheaper coverage can save time and money.
The best way we recommend to get budget Toyota Prius Prime insurance in Honolulu is to start comparing prices regularly from different companies in Hawaii.
- Try to understand how insurance companies determine prices and the things you can change to lower rates. Many rating factors that cause high rates like tickets, at-fault accidents, and a lousy credit rating can be controlled by improving your driving habits or financial responsibility. This article gives the details to find cheap rates and find hidden discounts.
- Request rate estimates from independent agents, exclusive agents, and direct companies. Exclusive and direct companies can only provide price estimates from one company like GEICO and State Farm, while agents who are independent can give you price quotes for many different companies. View insurance agents
- Compare the new rate quotes to your existing coverage to see if switching to a new carrier will save money. If you find a lower rate and change companies, make sure coverage does not lapse between policies.
The key thing to remember is that you’ll want to make sure you compare similar coverage information on each price quote and and to look at as many companies as feasibly possible. This guarantees a fair rate comparison and the best price quote selection.
Buying the cheapest insurance in Honolulu is not rocket science. If you are paying for car insurance now, you will surely be able to find better prices using this information. Although Hawaii car owners do need to learn the way companies compete online because rates fluctuate considerably.
To get affordable Toyota Prius Prime insurance quotes, there a variety of ways to obtain and compare prices from all the different companies. The easiest way by far to find competitive Toyota Prius Prime insurance rates involves getting comparison quotes online.
Keep in mind that getting more free quotes will increase your chances of finding a lower rate. Not every company does online Honolulu Prius Prime insurance quotes, so it’s important to also get price quotes on coverage from those companies, too.
The following companies are our best choices to provide free quotes in Honolulu, HI. If multiple providers are shown, we recommend you visit two to three different companies in order to find the most affordable rates.
Do you qualify for discounts on Toyota Prius Prime insurance in Honolulu?
Companies offering auto insurance don’t always advertise every available discount very clearly, so the list below gives a summary of both the well known in addition to some of the lesser obvious credits that may apply to you.
- New Vehicle Savings – Insuring a vehicle that is new may earn a small discount since newer vehicles are generally safer.
- Full Payment Discount – If you can afford to pay the entire bill as opposed to paying monthly you may reduce your total bill.
- Senior Citizen Discount – If you’re over the age of 55, you are able to get a small decrease in premiums.
- Defensive Driving Course – Successfully completing a defensive driving course could earn you a small percentage discount if you qualify.
- Passive Restraints and Air Bags – Vehicles with factory air bags and/or automatic seat belt systems can qualify for discounts of 25 to 30%.
- Multiple Cars – Having primary and secondary vehicles with one company qualifies for this discount.
- Government Employee Discount – Simply working for the federal government could qualify for a slight premium decrease with a few auto insurance companies.
Discounts reduce rates, but you should keep in mind that some credits don’t apply to the entire cost. Most only apply to the price of certain insurance coverages like comprehensive or collision. Even though it may seem like adding up those discounts means a free policy, you won’t be that lucky. But all discounts should help reduce your policy cost.
A list of auto insurance companies and a partial list of their discounts include:
- GEICO may offer discounts for good student, anti-lock brakes, multi-vehicle, daytime running lights, and five-year accident-free.
- MetLife offers discounts including good student, good driver, defensive driver, multi-policy, claim-free, accident-free
- State Farm includes discounts for passive restraint, defensive driving training, driver’s education, Steer Clear safe driver discount, multiple autos, and student away at school.
- Progressive may include discounts for homeowner, online signing, continuous coverage, multi-policy, online quote discount, good student, and multi-vehicle.
- Mercury Insurance policyholders can earn discounts including type of vehicle, ease of repair, age of vehicle, low natural disaster claims, good student, annual mileage, and good driver.
- 21st Century offers premium reductions for early bird, teen driver, automatic seat belts, 55 and older, driver training, theft prevention, and defensive driver.
- Allstate has savings for auto/life discount, resident student, early signing, anti-lock brakes, EZ pay plan discount, premier discount, and 55 and retired.
Double check with every insurance company how you can save money. Some of the discounts discussed earlier may not apply to policies everywhere. To view insurance companies that can offer you the previously mentioned discounts in Hawaii, click here to view.
Protect your Prius Prime and other assets
Even though it’s not necessarily cheap to insure a Toyota in Honolulu, insurance may not be optional for several reasons.
- The majority of states have minimum liability requirements which means you are required to buy a specific level of liability insurance if you want to drive legally. In Hawaii these limits are 20/40/10 which means you must have $20,000 of bodily injury coverage per person, $40,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
- If you took out a loan on your Toyota Prius Prime, almost every bank will require that you buy full coverage to guarantee their interest in the vehicle. If coverage lapses or is canceled, the lender may have to buy a policy to insure your Toyota for a much higher rate and make you pay much more than you were paying before.
- Insurance protects your Toyota and your assets. Insurance will also pay for medical transport and hospital expenses for you, your passengers, and anyone else injured in an accident. One of the most valuable coverages, liability insurance, also covers legal expenses if you are sued as the result of your driving. If your car is damaged in a storm or accident, comprehensive (other-than-collision) and collision coverage will pay to restore your vehicle to like-new condition.
The benefits of insuring your car are without a doubt worth the cost, especially if you ever need it. The average driver in Hawaii overpays more than $830 a year so smart consumers compare quotes every year to save money.
Insurance agent or online?
A small number of people just want to get professional advice from a licensed agent and there is nothing wrong with that. The best thing about getting online price quotes is the fact that you can find cheap insurance quotes but still work with a licensed agent.
By using this short form, your insurance data is sent to agents in your area that give free quotes for your insurance coverage. You won’t even need to contact an agency as quotes are delivered immediately to your email address. You can find better rates AND an agent nearby. If you wish to get a comparison quote for a specific company, don’t hesitate to jump over to their website and fill out their quote form.
Choosing a insurer requires more thought than just the premium amount. These are some valid questions you should ask.
- Can they help ensure a fair claim settlement?
- Do they have 24-hour customer assistance?
- Are they properly licensed to sell insurance in Hawaii?
- Do they have designations such as AIC, CPCU, or CIC?
- Do they specialize in personal lines auto insurance in Honolulu?
- Can you get a list of referrals?
- What company holds the largest book of business for them?
If you are searching for a local Honolulu insurance agency, it helps to know the two types of agencies and how they are slightly different. Agents in Honolulu can be categorized as either independent or exclusive.
Exclusive Insurance Agencies
These agents normally can only provide a single company’s rates such as Farmers Insurance, State Farm, or Allstate. They usually cannot provide other company’s prices so they really need to provide good service. Exclusive agents are well schooled in insurance sales which aids in selling service over price. Some consumers prefer to buy insurance from these agents primarily because of high brand loyalty rather than having low rates.
Shown below are exclusive agents in Honolulu that are able to give price quotes.
- Kevin Takahashi – State Farm Insurance Agent
1284 Kalani St d108 – Honolulu, HI 96817 – (808) 845-0069 – View Map
- Kaina Kauahi – State Farm Insurance Agent
560 N Nimitz Hwy #217f – Honolulu, HI 96817 – (808) 524-9997 – View Map
- Allstate Insurance: Bradley Maruyama
800 S Beretania St Ste 260 – Honolulu, HI 96813 – (808) 591-8016 – View Map
Independent Agents (or Brokers)
Independent insurance agents are appointed with more than one company so they can quote policies with any number of different companies and get the cheapest rates. If they find a cheaper price, the agent simply finds a different carrier which is easy for the insured.
When shopping rates, you need to include several independent agencies to have the most options to choose from. Most have the option of insuring with lesser-known insurance companies which may provide better rates.
Below is a list of independent agencies in Honolulu that are able to give price quote information.
- Island Insurance Hawaii
1022 Bethel St – Honolulu, HI 96813 – (808) 643-4000 – View Map
- First Insurance Co of Hawaii Limited
1100 Ward Ave # Main, Honolulu, HI 96814, Honolulu, 96818 – Honolulu, HI 96818 – (808) 527-7777 – View Map
- Atlas Insurance
1132 Bishop St #1600 – Honolulu, HI 96813 – (808) 533-8728 – View Map
If you feel you receive reasonable responses for all questions you ask and a low price estimate, it’s a good possibility that you have found a car insurance agent that can insure your vehicles.
Detailed coverages of your auto insurance policy
Learning about specific coverages of your auto insurance policy can help you determine appropriate coverage at the best deductibles and correct limits. The coverage terms in a policy can be ambiguous and nobody wants to actually read their policy.
Comprehensive or Other Than Collision – This pays for damage OTHER than collision with another vehicle or object. A deductible will apply and then insurance will cover the rest of the damage.
Comprehensive coverage protects against claims such as falling objects, hitting a bird, hitting a deer, damage from getting keyed and rock chips in glass. The maximum payout you can receive from a comprehensive claim is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.
Collision coverage – This coverage will pay to fix damage to your Prius Prime resulting from colliding with an object or car. You will need to pay your deductible and then insurance will cover the remainder.
Collision insurance covers claims such as colliding with a tree, crashing into a building, scraping a guard rail, rolling your car and colliding with another moving vehicle. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are older. It’s also possible to raise the deductible on your Prius Prime in order to get cheaper collision rates.
Liability coverages – Liability insurance provides protection from damage that occurs to people or other property that is your fault. It protects YOU against other people’s claims, and does not provide coverage for damage sustained by your vehicle in an accident.
Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see values of 20/40/10 that translate to a $20,000 limit per person for injuries, a per accident bodily injury limit of $40,000, and $10,000 of coverage for damaged property.
Liability can pay for things like emergency aid, medical expenses and loss of income. How much coverage you buy is your choice, but it’s cheap coverage so purchase as large an amount as possible. Hawaii requires minimum liability limits of 20/40/10 but drivers should carry more coverage.
The next chart shows why minimum state limits may not be high enough to adequately cover claims.
Medical costs insurance – Medical payments and Personal Injury Protection insurance provide coverage for expenses such as X-ray expenses, hospital visits, nursing services, prosthetic devices and rehabilitation expenses. They can be utilized in addition to your health insurance policy or if you lack health insurance entirely. Coverage applies to you and your occupants as well as any family member struck as a pedestrian. Personal injury protection coverage is not available in all states but can be used in place of medical payments coverage
UM/UIM Coverage – This protects you and your vehicle when the “other guys” are uninsured or don’t have enough coverage. It can pay for hospital bills for your injuries as well as your vehicle’s damage.
Since a lot of drivers have only the minimum liability required by law (20/40/10), their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage should not be overlooked.