Cheapest Insurance for an Infiniti QX56 in Honolulu

It’s an obvious assumption that auto insurance companies don’t want you to look for a cheaper policy. Consumers who rate shop once a year will presumably switch car insurance companies because there is a good chance of finding lower prices. A survey found that people who regularly compared rates saved on average $70 a month compared to those who never shopped for cheaper rates.

If finding the cheapest price for auto insurance in Honolulu is your ultimate goal, then having a grasp of the best way to quote and compare auto insurance can make it easier to shop your coverage around.

Insurance quote for Infiniti QX56 in HonoluluIf saving the most money is your goal, then the best way to get cheaper auto insurance rates in Honolulu is to do a yearly price comparison from insurers who sell insurance in Hawaii.

  1. Spend some time learning about how car insurance works and the measures you can take to lower rates. Many risk factors that drive up the price such as multiple speeding tickets and an imperfect credit score can be amended by making minor changes to your lifestyle. Later in this article we will cover additional tips to find cheap rates and get bigger discounts that may have been overlooked.
  2. Compare price quotes from direct, independent, and exclusive agents. Exclusive and direct companies can give quotes from a single company like GEICO and Allstate, while independent agents can provide price quotes from many different companies.
  3. Compare the price quotes to your existing policy and determine if there is any savings. If you find a lower rate quote and change companies, verify that coverage does not lapse between policies.

The most important part of shopping around is that you’ll want to compare the same coverage limits and deductibles on every quote request and and to look at as many auto insurance providers as possible. Doing this helps ensure an accurate price comparison and a thorough price selection.

Most larger insurance companies like Progressive, GEICO, Allstate and State Farm allow you to get coverage price quotes on their websites. Getting online quotes for Infiniti QX56 insurance in Honolulu can be done by anyone as you just type in the coverage amounts you desire as detailed in the form. Upon sending the form, their rating system requests credit information and your driving record and generates pricing information based on many factors. Quoting online for Infiniti QX56 insurance in Honolulu helps simplify price comparisons, and it is imperative to do this if you want to find the lowest payment possible.

To fill out one form to compare multiple rates now, compare rates now from the companies shown below. To compare your current rates, we recommend you enter your coverages exactly as shown on your declarations page. Using the same limits helps guarantee you will have an apples-to-apples comparison for exact coverage.

The following companies provide comparison quotes in Hawaii. If multiple providers are shown, we suggest you click on several of them in order to find the most competitive rates.

Rate information and statistics

The table shown below highlights detailed analysis of insurance prices for Infiniti QX56 models. Having a better understanding of how insurance prices are figured can aid in making smart choices when choosing a car insurance company.


Infiniti QX56 Insurance Rates in Honolulu, HI
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
QX56 2WD 4-Dr $200 $398 $254 $16 $76 $944 $79
QX56 AWD 4-Dr $200 $398 $254 $16 $76 $944 $79
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Cost estimates assume married male driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Hawaii minimum liability limits. Discounts applied include multi-vehicle, homeowner, safe-driver, multi-policy, and claim-free. Premium costs do not factor in specific zip code location which can affect price quotes greatly.

Deductible analysis

One common question asked by Honolulu drivers is which deductibles should you choose. The comparison tables below summarize the costs and benefits when you select higher and lower physical damage deductibles. The first data table uses a $250 deductible for comprehensive and collision coverage and the second price table uses a $1,000 deductible.


Infiniti QX56 insurance with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
QX56 2WD 4-Dr $258 $468 $264 $16 $80 $1,111 $93
QX56 AWD 4-Dr $258 $468 $264 $16 $80 $1,111 $93
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Infiniti QX56 insurance with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
QX56 2WD 4-Dr $158 $294 $264 $16 $80 $812 $68
QX56 AWD 4-Dr $158 $294 $264 $16 $80 $812 $68
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Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, and Hawaii minimum liability limits. Discounts applied include homeowner, claim-free, safe-driver, multi-policy, and multi-vehicle. Price information does not factor in garaging location in Honolulu which can influence premiums considerably.

We can estimate from the data above that using a $250 deductible will cost you approximately $25 more each month or $300 each year than quoting the higher $1,000 deductible. Since you would have to pay $750 more to file a claim with a $1,000 deductible as compared to a $250 deductible, if you go at a minimum 30 months between claims, you would probably come out ahead if you opt for a higher deductible.

The information below demonstrates how deductible levels and can raise or lower Infiniti QX56 insurance costs for different age categories. The data assumes a single female driver, comp and collision included, and no policy discounts are applied.

Liability only or full coverage

The example below shows the difference between Infiniti QX56 insurance costs with full physical damage coverage and with liability coverage only. The information is based on a clean driving record, no claims, $250 deductibles, drivers are single, and no other discounts are factored in.

When to eliminate full coverage

There is no written rule to stop paying for comp and collision coverage, but there is a broad guideline. If the annual cost of coverage is more than around 10% of any settlement you would receive from your insurance company, then it could be time to drop full coverage.

For example, let’s assume your Infiniti QX56 replacement cost is $4,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled, the most you would receive is $3,000 after you pay the deductible. If premiums are more than $300 annually for physical damage coverage, then you might want to consider buying only liability coverage.

There are some cases where buying only liability insurance is not financially feasible. If you have an outstanding loan on your vehicle, you have to keep full coverage as part of the loan requirements. Also, if you can’t afford to buy a different vehicle if your current one is damaged, you should not drop full coverage.

Insuring your Infiniti vehicle just makes sense

Despite the high cost, buying auto insurance serves an important purpose.

First, most states have minimum mandated liability insurance limits which means you are required to buy specific limits of liability insurance in order to license the vehicle. 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.

Second, if you bought your Infiniti QX56 with a loan, it’s guaranteed your bank will have a requirement that you have comprehensive coverage to guarantee loan repayment. If you default on your policy, the bank or lender will purchase a policy for your Infiniti at an extremely high rate and require you to fork over for the expensive policy.

Third, auto insurance protects both your vehicle and your assets. It will also reimburse you for all forms of medical expenses for both you and anyone you injure as the result of an accident. As part of your policy, liability insurance also pays for attorney fees and expenses if anyone sues you for causing an accident. If your vehicle suffers damage from an accident or hail, collision and comprehensive coverages will cover the repair costs.

The benefits of having auto insurance more than offset the price you pay, specifically if you ever have a liability claim. The average driver in Hawaii is currently overpaying as much as $865 each year so you should quote and compare rates once a year at a minimum to ensure rates are competitive.

Car insurance coverage information

Learning about specific coverages of auto insurance aids in choosing which coverages you need and the correct deductibles and limits. Auto insurance terms can be ambiguous and reading a policy is terribly boring. Shown next are typical coverage types available from auto insurance companies.

Uninsured Motorist or Underinsured Motorist insurance

This protects you and your vehicle’s occupants from other drivers when they do not carry enough liability coverage. Covered claims include hospital bills for your injuries and also any damage incurred to your Infiniti QX56.

Due to the fact that many Hawaii drivers only purchase the least amount of liability that is required (which is 20/40/10), it only takes a small accident to exceed their coverage. So UM/UIM coverage should not be overlooked. Normally these limits are similar to your liability insurance amounts.

Collision coverage

Collision coverage covers damage to your QX56 caused by collision with another vehicle or an object, but not an animal. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage protects against things like rolling your car, colliding with a tree, driving through your garage door and backing into a parked car. This coverage can be expensive, so consider dropping it from vehicles that are older. It’s also possible to raise the deductible on your QX56 to bring the cost down.

Comprehensive coverage (or Other than Collision)

Comprehensive insurance coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for claims such as fire damage, a tree branch falling on your vehicle, damage from getting keyed, vandalism and damage from flooding. The maximum amount you can receive from a comprehensive claim is the actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Liability

This provides protection from injuries or damage you cause to other’s property or people in an accident. This insurance protects YOU against claims from other people. Liability doesn’t cover your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show limits of 20/40/10 that translate to $20,000 bodily injury coverage, a total of $40,000 of bodily injury coverage per accident, and property damage coverage for $10,000. Occasionally you may see a combined single limit or CSL which combines the three limits into one amount with no separate limits for injury or property damage.

Liability coverage pays for claims like loss of income, repair costs for stationary objects, court costs and medical expenses. How much coverage you buy is a decision to put some thought into, but buy as much as you can afford. Hawaii requires minimum liability limits of 20/40/10 but drivers should carry better liability coverage.

The illustration below shows why buying the state minimum limits may not provide adequate coverage.

Insurance for medical payments

Coverage for medical payments and/or PIP reimburse you for expenses for things like prosthetic devices, hospital visits, funeral costs and nursing services. They are utilized in addition to your health insurance program or if you do not have health coverage. They cover not only the driver but also the vehicle occupants in addition to any family member struck as a pedestrian. PIP is not an option in every state but can be used in place of medical payments coverage

How to find a good Honolulu auto insurance company

Buying coverage from the right company can be challenging considering how many companies there are to choose from in Hawaii. The company ratings below can help you decide which coverage providers you want to consider when shopping around.

Top 10 Honolulu Car Insurance Companies Ranked by Value

  1. USAA
  2. American Family
  3. The Hartford
  4. State Farm
  5. AAA Insurance
  6. Nationwide
  7. Safeco
  8. Esurance
  9. Allstate
  10. Liberty Mutual

Top 10 Honolulu Car Insurance Companies Ranked by Customer Satisfaction

  1. USAA – 94%
  2. AAA Insurance – 91%
  3. State Farm – 90%
  4. Nationwide – 90%
  5. The Hartford – 89%
  6. GEICO – 89%
  7. Liberty Mutual – 88%
  8. Allstate – 88%
  9. Esurance – 87%
  10. Progressive – 87%