How long have you put off shopping around for low-cost Scion tC insurance in Honolulu? Being forced to pay for expensive auto insurance premiums can deplete your family's budget and force you to tighten up your finances. Doing a rate analysis can be a smart way to ensure you are getting the best deal.
Astonishing but true, the vast majority of consumers have purchased from the same company for more than four years, and nearly the majority have never compared rates to find affordable insurance. With the average auto insurance premium being $962, Honolulu drivers could save about $360 every year by just shopping around, but they don't invest the time required to find affordable auto insurance rates. Numerous insurers battle for your business, and it can be difficult to compare rates to discover the definitive lowest rate on Scion tC insurance in Honolulu.
Consumers should take time to get comparison quotes occasionally since rates are variable and change quite frequently. Just because you had the best premium rates on Scion tC insurance in Honolulu two years ago there is a good chance you can find better prices now. Ignore everything you know about auto insurance because you're about to find out the tricks you need to know to find the best coverage while lowering your premiums.
If you are already insured or just want cheaper rates, use these techniques to reduce the price you pay and still get good coverage. Finding the cheapest auto insurance coverage in Honolulu can initially seem challenging. Smart shoppers just need to understand the quickest method to compare different rates online from multiple companies.
All major auto insurance companies like Allstate, GEICO and Progressive allow you to get insurance quotes from their websites. Getting Scion tC insurance prices online is easy for anyone as you just enter the coverage amounts you desire as requested by the quote form. When complete, their system obtains credit information and your driving record and generates pricing information based on the data you entered. Getting online price quotes for Scion tC insurance in Honolulu makes it easy to compare insurance prices and it's also necessary to get many rate quotes in order to get the cheapest price on auto insurance.
In order to find out how much you're overpaying now, take a look at the companies shown below. If you have your current policy handy, we recommend that you enter deductibles and limits identical to your current policy. Doing this assures you will get a price comparison using the same coverage and limits.
The following companies are ready to provide quotes in Hawaii. If several companies are displayed, we recommend you get rate quotes from several of them to get a more complete price comparison.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|TC 2-Dr Hatchback||$252||$686||$446||$26||$134||$1,544||$129|
|Get Your Own Custom Quote Go|
Data based on single female driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Hawaii minimum liability limits. Discounts applied include safe-driver, multi-policy, multi-vehicle, homeowner, and claim-free. Rate information does not factor in your specific Honolulu location which can change premium rates noticeably.
Cautious drivers save money
The chart below illustrates how traffic citations and at-fault fender-benders increase Scion tC insurance costs for different insured age categories. The rate quotes are based on a single female driver, full physical damage coverage, $100 deductibles, and no additional discounts are factored in.
Rate difference between full and liability-only coverage
The chart below shows the comparison of Scion tC insurance premiums with and without full coverage. The costs are based on a clean driving record, no at-fault accidents, $100 deductibles, single female driver, and no policy discounts are applied.
Guidelines for dropping full coverage
There is no definitive formula to eliminate physical damage coverage, but there is a broad guideline. If the annual cost of coverage is about 10% or more of the replacement cost of your vehicle minus the policy deductible, then you might consider buying liability only.
For example, let's say your Scion tC claim settlement value is $8,000 and you have $1,000 physical damage deductibles. If your vehicle is damaged in an accident, the most you would get paid by your company is $7,000 after paying your policy deductible. If it's costing in excess of $700 annually for comprehensive and collision coverage, then you may need to consider dropping full coverage.
There are some situations where eliminating full coverage is not in your best interest. If you haven't paid off your loan, you must maintain physical damage coverage in order to satisfy the requirements of the loan. Also, if your savings is not enough to buy a different vehicle in case of an accident, you should not opt for liability only.
The illustration below illustrates how your deductible choice and can raise or lower Scion tC insurance costs for each age group. The information is based on a married female driver, full coverage, and no discounts are applied.
Companies offer many types of discounts on Scion tC insurance in Honolulu
Properly insuring your vehicles can get expensive, but you can get discounts that you may not even be aware of. A few discounts will automatically apply at the time of purchase, but lesser-known reductions have to be specially asked for before you will receive the discount.
- Federal Employees - Simply working for the federal government may qualify for a discount when you quote Honolulu car insurance with a few car insurance companies.
- Discount for Swiching Early - Some larger companies provide a discount for renewing your policy early. This can save 10% or more.
- Service Members Pay Less - Having a deployed family member could qualify you for better rates.
- Mature Driver Discount - If you're over the age of 55, you could receive a small decrease in premiums.
- Student in College - Youth drivers living away from Honolulu attending college and leave their car at home may be able to be covered for less.
- Anti-lock Brakes - Cars and trucks that have anti-lock braking systems have fewer accidents and will save you 10% or more on tC insurance in Honolulu.
A little note about advertised discounts, some of the credits will not apply the the whole policy. Most only cut the price of certain insurance coverages like collision or personal injury protection. So despite the fact that it appears you can get free auto insurance, you're out of luck.
Some of the larger companies that may offer these discounts include:
Double check with each company to apply every possible discount. Some of the earlier mentioned discounts might not be available to policyholders in Honolulu.
Why you need to buy car insurance
Even though Honolulu tC insurance rates can get expensive, insuring your vehicle may be mandatory for several reasons.
- Just about all states have mandatory insurance requirements which means you are required to carry a specific level of liability insurance coverage in order to get the vehicle licensed. 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 your tC has a loan, more than likely the lender will make it mandatory that you have physical damage coverage to ensure they get paid if you total the vehicle. If you let the policy lapse, the bank or lender will purchase a policy for your Scion at a much higher premium rate and require you to fork over a much higher amount than you were paying before.
- Insurance protects not only your Scion tC but also your financial assets. It will also cover hospital and medical expenses for yourself as well as anyone injured by you. Liability insurance will also pay to defend you if anyone sues you for causing an accident. If your car is damaged in a storm or accident, collision and comprehensive coverages will pay to restore your vehicle to like-new condition.
The benefits of buying car insurance greatly outweigh the cost, especially for larger claims. But the average American driver is currently overpaying as much as $750 every year so it's recommended you shop around at least once a year to help ensure money is not being wasted.
Do I just need basic coverages?
When selecting coverage, there really isn't a perfect coverage plan. Every situation is different so your insurance should reflect that For example, these questions might point out if your situation could use an agent's help.
- What are good deductibles for a Scion tC?
- Is other people's property covered if stolen from my vehicle?
- Can I get a multi-policy discount for packaging my home and auto coverage?
- Can I get a multi-policy discount?
- What is glass protection for?
- Is my Scion tC covered for smoke damage?
- What is GAP insurance?
- Are rock chip repairs covered?
- Am I covered if I break a side mirror?
- What are the financial responsibility laws in my state?
If it's difficult to answer those questions, you might consider talking to an agent. If you want to speak to an agent in your area, complete this form or click here for a list of auto insurance companies in your area. It only takes a few minutes and may give you better protection.
When to get advice from a local insurance agent
Many people just want to get professional advice from a licensed agent and that can be a great decision Insurance agents are trained to spot inefficiencies and help you file claims. One of the best bonuses of comparing rate quotes online is you can get lower auto insurance rates and still have a local agent. And buying from small agencies is still important in Honolulu.
To make it easy to find an agent, after completing this simple form, your insurance coverage information is immediately sent to local insurance agents in Honolulu who can give free rate quotes and help you find cheaper coverage. There is no need to leave your house because prices are sent to your email. If you need to get a rate quote from a specific insurance company, feel free to find their quoting web page to submit a rate quote request.
When narrowing the list to find an insurance agent, it's important to understand the different types of agencies and how they differ in how they can insure your vehicles. Honolulu agents are either independent or exclusive. Both types of agents can write policy coverage, but we need to point out the differences since it can affect which agent you choose.
Independent Insurance Agents
These agents are not limited to a single company and that allows them to write policies with lots of companies and find you the best rates. If they find a lower price, they simply move the coverage in-house and you don't have to do anything.
When comparing car insurance prices, we recommend you include multiple independent agents to ensure the widest selection of prices.
Shown below is a short list of independent agencies in Honolulu that can give you free car insurance rate quotes.
Exclusive Car Insurance Agents
Agents in the exclusive channel can only write with one company like Allstate and State Farm. Exclusive agents are unable to compare rates from other companies so they are skilled at selling on more than just price. They are highly trained on the products they sell which can be an advantage.
Below are Honolulu exclusive insurance agencies that can give you comparison quotes.
Herb Fujikawa - State Farm Insurance Agent
3538 Waialae Ave #205 - Honolulu, HI 96816 - (808) 732-1076 - View Map
Choosing an insurance agent should depend on more than just a low price. Ask your prospective agent these questions:
- Did they already check your driving record and credit reports?
- Is the agent properly licensed in Hawaii?
- Where are claims handled?
- What is the agency's Better Business Bureau rating?
- Is the agency active in community causes in Honolulu?
- What company holds the largest book of business for them?
Auto insurance coverage considerations
Knowing the specifics of auto insurance can be of help when determining the right coverages and the correct deductibles and limits. The terms used in a policy can be confusing and nobody wants to actually read their policy. Below you'll find typical coverage types found on the average auto insurance policy.
Insurance for medical payments
Med pay and PIP coverage pay for immediate expenses for things like X-ray expenses, prosthetic devices and funeral costs. The coverages can be used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. It covers all vehicle occupants as well as if you are hit as a while walking down the street. Personal injury protection coverage is only offered in select states but can be used in place of medical payments coverage
Uninsured Motorist or Underinsured Motorist insurance
Your UM/UIM coverage protects you and your vehicle when other motorists either have no liability insurance or not enough. This coverage pays for medical payments for you and your occupants as well as your vehicle's damage.
Since many Hawaii drivers carry very low liability coverage limits (20/40/10), their liability coverage can quickly be exhausted. That's why carrying high Uninsured/Underinsured Motorist coverage is very important. Most of the time these coverages are set the same as your liability limits.
Liability auto insurance
Liability coverage provides protection from injuries or damage you cause to people or other property by causing an accident. Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show liability limits of 20/40/10 that translate to a $20,000 limit per person for injuries, $40,000 for the entire accident, and a limit of $10,000 paid for damaged property. Another option is a combined limit which provides one coverage limit and claims can be made without the split limit restrictions.
Liability insurance covers claims such as medical services, bail bonds and repair costs for stationary objects. The amount of liability coverage you purchase is a decision to put some thought into, but buy as much as you can afford. Hawaii state law requires minimum liability limits of 20/40/10 but drivers should carry more liability than the minimum.
Comprehensive coverage (or Other than Collision)
Comprehensive insurance coverage pays to fix your vehicle from damage from a wide range of events other than collision. A deductible will apply then your comprehensive coverage will pay.
Comprehensive can pay for claims such as damage from flooding, hitting a bird and falling objects. The most you'll receive from a claim is the ACV or actual cash value, so if the vehicle is not worth much it's probably time to drop comprehensive insurance.
Collision coverage will pay to fix damage to your tC from colliding with a stationary object or other vehicle. You have to pay a deductible and then insurance will cover the remainder.
Collision coverage pays for claims like rolling your car, colliding with another moving vehicle, backing into a parked car and hitting a mailbox. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are 8 years or older. You can also choose a higher deductible on your tC to get cheaper collision coverage.