It takes a few minutes, but the best way to save money on Honda Odyssey insurance in Aurora is to regularly compare price quotes from companies in Colorado. Drivers can shop around by completing these steps.
- Spend some time learning about car insurance and the steps you can take to keep rates down. Many rating factors that cause rate increases such as careless driving and a less-than-favorable credit history can be rectified by being financially responsible and driving safely.
- Compare price quotes from independent agents, exclusive agents, and direct companies. Exclusive and direct companies can only quote rates from a single company like GEICO and Allstate, while agents who are independent can provide rate quotes from multiple insurance companies. Begin your rate comparison
- Compare the price quotes to the premium of your current policy to see if you can save by switching companies. If you find a lower rate and decide to switch, ensure coverage does not lapse between policies.
- Give notification to your agent or company to cancel your current auto insurance policy and submit a completed policy application and payment for the new policy. Once the paperwork is finalized, keep the new proof of insurance paperwork in your glove compartment.
An important note is to try to compare similar limits and deductibles on every quote and and to get price quotes from as many different insurance providers as possible. Doing this helps ensure an accurate price comparison and the best price selection.
It’s well known that auto insurance companies don’t want you shop around. Consumers who shop for lower prices are highly likely to switch companies because they stand a good chance of finding a lower-cost company. A recent survey found that drivers who routinely compared rates saved about $850 each year as compared to drivers who never compared prices.
If finding the lowest rates on Honda Odyssey insurance is why you’re reading this, knowing how to quote prices and compare auto insurance can make it easier for you to save money.
Locating the best insurance company for you in Aurora is not that difficult. If you’re already insured or just want a better rate, use these cost-cutting techniques to get lower rates and still get good coverage. Drivers only need an understanding of the most effective way to shop from many different companies.
Verify you’re earning every discount
Car insurance companies don’t always advertise every available discount in an easy-to-find place, so the next list breaks down some of the more common and the harder-to-find discounts that you can inquire about if you buy Aurora auto insurance online. If you do not check that you are getting every discount you qualify for, you may be paying too high a price.
- Discount for Passive Restraints – Options like air bags or automatic seat belts could see savings of up to 25% or more.
- Responsible Driver Discounts – Safe drivers may save up to 50% more than drivers with accidents.
- Distant Student – Any of your kids living away from Aurora attending college and won’t have access to an insured vehicle may be insured at a cheaper rate.
- Telematics Data – Drivers that enable their company to look at when and where they use their vehicle by using a telematics device in their vehicle such as Allstate’s Drivewise and State Farm’s In-Drive system may get a rate reduction as long as they are good drivers.
- Pay Upfront and Save – If you can afford to pay the entire bill rather than spreading payments over time you could save up to 5%.
- Drivers Ed for Students – It’s a good idea to have your young drivers participate in a local driver’s education class if offered at their school.
- Home Ownership Discount – Simply owning a home can earn you a little savings because maintaining a house means you have a higher level of financial diligence.
It’s important to understand that most of the big mark downs will not be given to your bottom line cost. Most only cut specific coverage prices like liability and collision coverage. Even though it appears all those discounts means the company will pay you, insurance companies wouldn’t stay in business. But all discounts will definitely lower the cost of your policy.
The chart below compares Honda Odyssey yearly insurance costs with and without policy discounts. The costs are based on a male driver, no claims or driving citations, Colorado state minimum liability limits, comp and collision included, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, homeowner, marriage, multi-car, claim-free, and multi-policy discounts applied.
A list of auto insurance companies and some of the discounts are outlined below.
- Farmers Insurance has savings for mature driver, distant student, business and professional, pay in full, multi-car, early shopping, and alternative fuel.
- Esurance includes discounts for renters, paid-in-full, safety device, emergency road assistance, DriveSense, and homeowner.
- State Farm may include discounts for Steer Clear safe driver discount, anti-theft, passive restraint, safe vehicle, good student, student away at school, and multiple policy.
- GEICO discounts include anti-lock brakes, daytime running lights, five-year accident-free, defensive driver, good student, and military active duty.
- Allstate offers discounts including defensive driver, anti-lock brakes, teenSMART discount, 55 and retired, farm vehicle, premier plus, and senior citizen.
When getting a coverage quote, ask each company to give you their best rates. Some credits may not apply to policies in every state. To view insurance companies who offer discounts in Aurora, click this link.
The quickest method to compare rates for Honda Odyssey insurance in Aurora utilizes the fact most larger insurance companies provide online access to compare rate quotes. To get started, all you need to do is provide a small amount of information such as how many miles driven, if it has an anti-theft system, how you use your vehicles, and level of coverage desired. The data is automatically sent to insurance carriers in your area and you should receive rate quotes quickly.
To compare rates for your Honda Odyssey now, click here and find out if you can get cheaper insurance in Aurora.
The companies shown below are ready to provide price comparisons in Colorado. If your goal is to find the best auto insurance in Colorado, we suggest you compare several of them to get a more complete price comparison.
Auto insurance statistics and figures
The coverage table shown next highlights detailed analysis of insurance rates for Honda Odyssey models. Being able to understand how policy premiums are established can help you make smart policy decisions.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Odyssey LX | $188 | $348 | $426 | $26 | $128 | $1,116 | $93 |
| Odyssey EX | $188 | $424 | $426 | $26 | $128 | $1,192 | $99 |
| Odyssey EX W/Rear Entertainment | $188 | $424 | $426 | $26 | $128 | $1,192 | $99 |
| Odyssey EX-L | $216 | $500 | $426 | $26 | $128 | $1,296 | $108 |
| Odyssey EX-L W/Rear Entertainment | $216 | $500 | $426 | $26 | $128 | $1,296 | $108 |
| Odyssey EX-L W/Navigation | $216 | $500 | $426 | $26 | $128 | $1,296 | $108 |
| Odyssey Touring | $244 | $500 | $426 | $26 | $128 | $1,324 | $110 |
| Get Your Own Custom Quote Go | |||||||
Premium data assumes single male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Colorado minimum liability limits. Discounts applied include homeowner, claim-free, safe-driver, multi-policy, and multi-vehicle. Premium costs do not factor in specific Aurora garaging location which can change premiums greatly.
Policy deductible comparison
When comparing auto insurance rates, the most common question is where should you set your physical damage deductibles. The tables below determine the rate difference between low and high policy deductibles. The first set of rates uses a $250 deductible and the second rate table uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Odyssey LX | $236 | $376 | $352 | $20 | $106 | $1,115 | $93 |
| Odyssey EX | $236 | $458 | $352 | $20 | $106 | $1,197 | $100 |
| Odyssey EX W/Rear Entertainment | $236 | $458 | $352 | $20 | $106 | $1,197 | $100 |
| Odyssey EX-L | $272 | $538 | $352 | $20 | $106 | $1,313 | $109 |
| Odyssey EX-L W/Rear Entertainment | $272 | $538 | $352 | $20 | $106 | $1,313 | $109 |
| Odyssey EX-L W/Navigation | $272 | $538 | $352 | $20 | $106 | $1,313 | $109 |
| Odyssey Touring | $306 | $538 | $352 | $20 | $106 | $1,347 | $112 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Odyssey LX | $192 | $304 | $352 | $20 | $106 | $974 | $81 |
| Odyssey EX | $192 | $368 | $352 | $20 | $106 | $1,038 | $87 |
| Odyssey EX W/Rear Entertainment | $192 | $368 | $352 | $20 | $106 | $1,038 | $87 |
| Odyssey EX-L | $220 | $434 | $352 | $20 | $106 | $1,132 | $94 |
| Odyssey EX-L W/Rear Entertainment | $220 | $434 | $352 | $20 | $106 | $1,132 | $94 |
| Odyssey EX-L W/Navigation | $220 | $434 | $352 | $20 | $106 | $1,132 | $94 |
| Odyssey Touring | $250 | $434 | $352 | $20 | $106 | $1,162 | $97 |
| Get Your Own Custom Quote Go | |||||||
Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Colorado minimum liability limits. Discounts applied include multi-vehicle, homeowner, claim-free, multi-policy, and safe-driver. Price estimates do not factor in vehicle garaging location which can revise coverage prices noticeably.
Based on the above data, using a $250 deductible will cost you roughly $14 more each month or $168 annually than buying the higher $500 deductible. Due to the fact that you would have to pay $250 more out of your own pocket with a $500 deductible as compared to a $250 deductible, if you usually have at a minimum 18 months between claims, you would most likely save money if you decide on a higher deductible. Here’s an example of how this decision is made.
| Average monthly premium for $250 deductibles: | $105 |
| Average monthly premium for $500 deductibles (subtract): | – $91 |
| Monthly savings from raising deductible: | $14 |
| Difference between deductibles ($500 – $250): | $250 |
| Divide difference by monthly savings: | $250 / $14 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 18 months |
Violations and accidents raise rates
The illustration below highlights how traffic violations and at-fault accidents drive up Honda Odyssey auto insurance costs for different age groups. The premiums assume a single male driver, comprehensive and collision coverage, $1,000 deductibles, and no other discounts are factored in.
Auto insurance rates by age and gender
The information below visualizes the comparison of Honda Odyssey auto insurance costs for male and female drivers. The premium estimates are based on no claims or violations, comprehensive and collision coverage, $250 deductibles, drivers are single, and no discounts are factored in.
Components of Your Honda Odyssey Insurance Costs
Many factors are used when pricing auto insurance. Some of the criteria are obvious such as your driving history, but others are not quite as obvious such as whether you are married or how financially stable you are.
Car and home together may be cheaper – The majority of insurance companies will award a discount to people who have multiple policies with them. It’s known as a multi-policy discount. Even if you’re getting this discount it’s still a good idea to shop around to ensure the best deal.
Little extras can really add up – Insurance policies have a lot of extra add-on coverages that you can get tricked into buying on your insurance policy. Insurance for replacement cost coverage, accident forgiveness, and extra life insurance coverage may be costing you every month. The coverages may be enticing when talking to your agent, but now you might not need them so eliminate the coverages to reduce your premium.
How your age affects premiums – Older drivers are viewed as being more responsible, file fewer claims, and are generally more financially stable. Inexperience drivers are statistically shown to be easily distracted with other occupants in the car and because of this, their insurance rates are much higher.
The following chart uses these variables: single driver, full coverage with $250 deductibles, and no discounts or violations.
Prevent your car from being stolen – Selecting a car model with anti-theft technology or alarm system can help lower your premiums. Systems that thwart thieves like OnStar, LoJack tracking, and tamper alarms all aid in stopping your car from being stolen.
Choose high crash test ratings and save – Vehicles that have high safety ratings tend to have better insurance rates. Vehicles built for safety protect occupants better and any reduction in injury severity translates directly to fewer claims and thus lower rates. If your Honda scored better than four stars on Safercar.gov you may pay a lower rate.
Married people drive safer – Your spouse actually saves money compared to being single. Having a significant other may mean you are more mature and statistics prove married drivers tend to have fewer serious accidents.
Honda Odyssey statistical loss data – Car insurance companies use statistical claims data when setting rates for each model. Models that historically have increased losses will have a higher cost to insure. The table below outlines the collected loss data for Honda Odyssey vehicles.
For each type of coverage, the statistical loss for all vehicles averaged together is a value of 100. Percentage numbers below 100 are indicative of better than average losses, while percentage numbers above 100 indicate frequent claims or statistically larger losses.
| Make and Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Honda Odyssey | 78 | 83 | 75 | 82 | 78 | 71 |
Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Insurance agent or online?
Some consumers prefer to talk to a local agent and there is nothing wrong with that. Professional insurance agents are highly skilled in risk management and help in the event of a claim. A nice benefit of price shopping on the web is that drivers can save money and get the best rates and also buy local.
To make it easy to find an agent, after completing this short form, the coverage information is transmitted to local insurance agents who will give competitive quotes for your business. It’s much easier because you don’t need to leave your house due to the fact that quote results will go to you. If you need to get a rate quote for a specific company, just navigate to their website and fill out their quote form.
Picking the best company needs to be determined by more than just the bottom line cost. Before buying a policy in Aurora, get answers to these questions.
- Do they assist clients in filing claims?
- Will they give you a referral list?
- In the event of vehicle damage, can you pick the collision repair facility?
- How many years have they been established?
- Are they full-time agents?
- Is the agent properly licensed in Colorado?
- How often do they review policy coverages?
- Do you qualify for any additional discounts?
Listed below are agents in Aurora willing to provide price quote information for Honda Odyssey insurance in Aurora.
- Allstate Insurance: Norma Contreras
4272 S Chambers Rd – Aurora, CO 80014 – (303) 699-3327 – View Map - American Family Insurance – Rick Laikola Agency Inc.
3102 S Parker Rd Ste A16 – Aurora, CO 80014 – (303) 696-2666 – View Map - Scott Underwood State Farm Insurance
15322 E Alameda Pkwy #25 – Aurora, CO 80017 – (303) 745-3174 – View Map - L.A. Insurance Agency
9601 E Colfax Ave – Aurora, CO 80010 – (303) 577-2400 – View Map
Car insurance just makes sense
Even though it can be expensive, buying car insurance is required for several reasons.
- The majority of states have compulsory liability insurance requirements which means it is punishable by state law to not carry a specific minimum amount of liability protection if you don’t want to risk a ticket. In Colorado these limits are 25/50/15 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $15,000 of property damage coverage.
- If your vehicle has a loan, it’s most likely the lender will stipulate that you have insurance to guarantee loan repayment. If coverage lapses or is canceled, the bank or lender will purchase a policy for your Honda at a much higher premium rate and force you to reimburse them for the much more expensive policy.
- Insurance protects both your car and your personal assets. Insurance will also pay for medical bills for yourself as well as anyone injured by you. One policy coverage, liability insurance, also covers legal expenses in the event you are sued. If mother nature or an accident damages your car, comprehensive (other-than-collision) and collision coverage will pay to repair the damage.
The benefits of insuring your car are without a doubt worth the cost, especially when you need to use it. But the average American driver is overpaying over $850 per year so we recommend shopping around each time the policy renews to be sure current rates are still competitive.
Frequent quotes can save
Drivers who switch companies do it for a number of reasons such as high rates after DUI convictions, not issuing a premium refund, denial of a claim and delays in responding to claim requests. It doesn’t matter what your reason, switching companies is pretty simple and you could end up saving a buck or two.
As you quote Aurora auto insurance, never reduce coverage to reduce premium. Too many times, an insured cut collision coverage only to regret at claim time that the savings was not a smart move. The goal is to get the best coverage possible at a price you can afford, not the least amount of coverage.
Budget-friendly car insurance in Aurora is available from both online companies as well as from insurance agents, so get free Aurora auto insurance quotes from both of them to have the best rate selection. There are still a few companies who may not provide the ability to get a quote online and usually these small insurance companies prefer to sell through independent agents.
More tips and info about car insurance is located in the articles below:
- Alcohol Impaired Driving FAQ (iihs.org)
- How Much are Aurora Auto Insurance Rates for 19 Year Olds? (FAQ)
- Who Has Affordable Auto Insurance Rates for Inexperienced Drivers in Aurora? (FAQ)
- Who Has Cheap Auto Insurance for a 20 Year Old Male in Aurora? (FAQ)
- Who Has the Cheapest Car Insurance Rates for Single Moms in Aurora? (FAQ)
- Who Has the Cheapest Car Insurance Quotes for 16 Year Olds in Aurora? (FAQ)
- How Much are Aurora Car Insurance Quotes for 18 Year Olds? (FAQ)
- What Insurance is Cheapest for a Jeep Grand Cherokee in Aurora? (FAQ)
- Learn About Car Insurance (GEICO)
- Teen Driver Statistics (Insurance Information Institute)