Best Pontiac Vibe Insurance in Honolulu

The recommended way to find low-cost prices for Pontiac Vibe insurance is to make a habit of regularly comparing prices from different companies who can sell car insurance in Honolulu.

• First, get a basic knowledge of auto insurance and the measures you can control to keep rates low. Many factors that increase rates such as traffic citations and a bad credit score can be controlled by making small lifestyle or driving habit changes. Keep reading for ideas to help keep rates affordable and find overlooked discounts.
• Second, compare price quotes from direct carriers, independent agents, and exclusive agents. Exclusive agents and direct companies can give quotes from one company like Progressive or State Farm, while independent agencies can quote rates for a wide range of insurance providers.
• Third, compare the new rate quotes to the price on your current policy to see if a cheaper price is available in Honolulu. If you find a lower rate quote and decide to switch, make sure there is no lapse between the expiration of your current policy and the new one.
• Fourth, notify your agent or company to cancel your current policy and submit payment and a completed application to your new insurance company. Once the paperwork is finalized, put the new proof of insurance certificate in an easily accessible location.

An important note is to use the same physical damage deductibles and liability limits on every quote and and to get price quotes from as many different companies as possible. This guarantees a fair price comparison and the best rate selection.

It’s easy to assume that insurance companies want to keep your business as long as possible. People who compare price quotes will presumably switch to a new company because there is a high probability of finding a lower-cost company. Remarkably, a study showed that people who made a habit of comparing rates saved as much as $3,500 over four years compared to people who don’t make a habit of comparing rates.

If finding the lowest rates on Pontiac Vibe insurance is the reason you’re reading this, understanding the best way to quote and compare insurance coverage can help simplify the task of finding more affordable coverage.

Data for Pontiac Vibe insurance

The premium information displayed below highlights estimates of coverage costs for Pontiac Vibe models. Having insight into how auto insurance premiums are figured is important for making smart choices when comparing insurance rates.

Price data assumes married male driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Hawaii minimum liability limits. Discounts applied include multi-vehicle, safe-driver, homeowner, multi-policy, and claim-free. Premium amounts do not factor in zip code location which can affect auto insurance rates substantially.

How high should deductibles be?

The hardest decision when buying coverage is at what level do you set your deductibles. The comparisons below may help to conceptualize the premium difference when you select higher and lower comp and collision deductibles. The first data table uses a $100 physical damage deductible and the second rate chart uses a $500 deductible.

Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and Hawaii minimum liability limits. Discounts applied include multi-policy, safe-driver, multi-vehicle, claim-free, and homeowner. Estimates do not factor in specific location information which can modify price quotes greatly.

Based on the data above, we can derive that using a $100 deductible costs approximately $20 more each month or $240 each year averaged for all Vibe models than choosing the higher $500 deductible. Because you would pay $400 more out of your own pocket with a $500 deductible as compared to a $100 deductible, if you go more than 20 months between claims, you would probably be better off by going with a higher deductible.

Pontiac Vibe liability-only versus full coverage

The diagram below shows the difference between Pontiac Vibe insurance premiums with liability coverage only compared to full coverage. The premiums are based on no violations or claims, $1,000 deductibles, drivers are not married, and no discounts are applied.

Are you wasting money paying for full coverage?

There is no definitive guideline for phasing out full coverage, but there is a general guideline you can use. If the yearly cost of full coverage is more than 10% of any settlement you would receive from your insurance company, then you might want to think about dropping full coverage.

For example, let’s assume your Pontiac Vibe replacement cost is $9,000 and you have $1,000 full coverage deductibles. If your vehicle is destroyed, the most you would receive is $8,000 after paying your deductible. If you are paying over $800 a year for full coverage, then it’s probably a good time to buy liability coverage only.

There are a few situations where removing full coverage is not a good idea. If you have an outstanding loan on your vehicle, you have to carry full coverage as part of the loan conditions. Also, if you can’t afford to buy a different vehicle in case of an accident, you should not buy liability only.

Lower Insurance Rates with These Tips

An important part of buying insurance is that you know some of the factors that are used to determine the price you pay for insurance. If you know what determines base rates, this allows you to make educated decisions that can help you get better insurance rates.

The list below includes some of the major factors utilized by car insurance companies to help set premiums.

Insurance premiums and vehicle performance – The make and model of the vehicle you are insuring makes a huge difference in your car insurance bill. The lowest rates are usually found on economy passenger models, but the cost you end up paying is determined by many additional factors.

The next chart uses these variables: married female driver age 50, full coverage with $1000 deductibles, and no discounts or violations. It illustrates Pontiac Vibe rates compared to other vehicles that have different risk factors.

Save money by having responsible credit – Having a bad credit rating factor in determining what you pay. If your credit rating is not that good, you may save money insuring your Pontiac Vibe by improving your credit score. Drivers who have good credit tend to be more responsible than drivers with bad credit.

More traffic means higher claims – Being located in a rural area can save you money if you are looking for the lowest rates. Lower population translates into fewer accidents and lower theft and vandalism rates. People in densely populated areas have to deal with traffic congestion and longer commutes to work. More time commuting can result in more accidents.

Bundling policies can get discounts – Most larger companies will award lower prices to insureds that buy multiple policies in the form of a multi-policy discount. Discounts can be ten or even fifteen percent. Even though this discount sounds good, it’s in your best interest to shop around to help guarantee you have the best rates.

Your gender affects rates – Statistics demonstrate women tend to be less risk to insure than men. However, don’t assume that men are worse drivers. Males and females have fender benders at about the same rate, but the male of the species have accidents that have higher claims. Men also tend to get cited for more serious violations like DUI and reckless driving.

The illustration below illustrates the difference between Pontiac Vibe insurance premiums for male and female drivers. The premiums are based on no violations or accidents, comp and collision included, $500 deductibles, single marital status, and no other discounts are factored in.

When should you file claims? – If you file a lot of claims don’t be surprised to see either higher rates or even cancellation. Companies in Hawaii generally give discounts to insureds who only file infrequent claims. Your insurance policy is meant to be used in the event of major claims that would cause financial hardship.

Hawaii car insurance companies ranked

Finding a highly-rated insurer is hard considering how many companies there are to choose from in Honolulu. The company rank data in the next section may help you select which car insurance providers you want to consider buying from.

Top 10 Honolulu Car Insurance Companies Overall

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

Cover all your bases

Low-cost Pontiac Vibe insurance in Honolulu is definitely available from both online companies and also from your neighborhood Honolulu agents, so you need to shop Honolulu car insurance with both so you have a total pricing picture. Some insurance companies don’t offer online quoting and these smaller providers provide coverage only through local independent agencies.

When getting Honolulu car insurance quotes online, you should never skimp on coverage in order to save money. There are a lot of situations where an insured cut physical damage coverage and learned later that they should have had better coverage. Your strategy should be to buy the best coverage you can find for the lowest price while not skimping on critical coverages.

Even more information can be found in the articles below:

• What are my Rights when Filing a Claim? (Insurance Information Institute)
• Who Has the Cheapest Honolulu Auto Insurance for 17 Year Olds? (FAQ)
• Who Has Affordable Honolulu Auto Insurance for a Jeep Wrangler? (FAQ)
• Who Has the Cheapest Auto Insurance for Drivers Over Age 60 in Honolulu? (FAQ)
• Who Has Cheap Car Insurance Quotes for a Ford Fusion in Honolulu? (FAQ)
• Who Has Cheap Car Insurance Quotes for Active Military in Honolulu? (FAQ)
• Who Has Affordable Honolulu Auto Insurance Rates for a Nissan Rogue? (FAQ)
• What Auto Insurance is Cheapest for College Graduates in Honolulu? (FAQ)
• Five Steps to Filing an Auto Insurance Claim (Insurance Information Institute)
• Keeping Children Safe in Crashes Video (iihs.org)
• Honda warning system reduces insurance claims (Insurance Institute for Highway Safety)
• How Does Hitting a Deer Impact Insurance Rates? (Allstate)