Are you irritated from robbing Peter to pay Paul to keep your car insured? You have the same problem as most other drivers in Hawaii.
Amazingly, a recent NerdWallet.com study showed that the vast majority of car insurance customers renewed their policy with the same company for well over three years, and virtually 40% of consumers have never compared rate quotes at all. Hawaii drivers can cut their rates by nearly 40% a year by just shopping around, but they won't spend time to save money by comparing rate quotes.
Popular companies such as State Farm and GEICO constantly bombard you with ad campaigns and it is difficult to see through the deception and find the best price available.
Consumers should take time to take a look at other company's rates at least once a year due to the fact that insurance prices are rarely the same from one policy term to another. If you had the best deal on Nissan cube insurance in Honolulu at your last renewal you can probably find a lower rate today. Ignore everything you know about car insurance because you're going to learn the tricks you need to know to remove unneeded coverages and save money.
When looking for affordable Honolulu auto insurance quotes, there are a couple ways to compare rate quotes from local Honolulu car insurance companies. The easiest way to find affordable insurance rates consists of obtaining rate quotes online.
Getting free price quotes online is quite simple, and it replaces the need to waste gas driving to all the different Honolulu insurance agencies. The internet has reduced the need for local agents unless you require the trained advice of a local Honolulu agent. Although you can compare online quotes and get advice from an agent in your area.
When quoting car insurance, remember that more quotes will increase your chances of finding the best rates. Some insurance companies are not set up to provide Honolulu cube insurance quotes over the internet, so it's recommended that you also compare quotes from them as well.
The companies shown below offer price comparisons in Hawaii. If multiple companies are shown, we suggest you visit several of them to get the best price comparison.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Cube S 2WD||$186||$260||$272||$16||$82||$816||$68|
|Cube SL 2WD||$208||$378||$272||$16||$82||$956||$80|
|Cube Krom 2WD||$184||$376||$320||$18||$96||$994||$83|
|Get Your Own Custom Quote Go|
Prices above based on single male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Hawaii minimum liability limits. Discounts applied include safe-driver, multi-policy, claim-free, multi-vehicle, and homeowner. Price information does not factor in garaging location in Honolulu which can lower or raise coverage prices considerably.
How high should deductibles be?
The chart below shows how choosing a deductible and can influence Nissan cube premium costs for each age group. The premium estimates are based on a single male driver, full physical damage coverage, and no additional discounts are factored in.
Difference between full coverage and liability only rates
The chart below shows the comparison of Nissan cube auto insurance rates with full coverage and liability only. The data is based on no driving violations, no at-fault accidents, $250 deductibles, single male driver, and no discounts are applied to the premium.
When to buy liability coverage only
There isn't a written rule to delete full coverage on your policy, but there is a guideline you can use. If the annual cost of your full coverage insurance is more than 10% of the replacement cost minus the deductible, then it could be time to drop full coverage.
For example, let's say your Nissan cube replacement value is $8,000 and you have $1,000 physical damage deductibles. If your vehicle is damaged in an accident, the most your company will settle for is $7,000 after paying the physical damage deductible. If you are paying in excess of $700 a year for physical damage coverage, then it might be time to buy liability only.
There are some situations where buying only liability insurance is not a good plan. If you still have a lienholder on your title, you are required to maintain full coverage in order to keep the loan. Also, if you cannot afford to purchase a different vehicle if your current one is damaged, you should not drop full coverage.
Are auto insurance agents of importance?
Certain consumers just prefer to have an agent's advice and there is nothing wrong with that. A good thing about getting online price quotes is you may find cheaper prices but also keep your business local. And providing support for neighborhood insurance agencies is definitely important in Honolulu.
To find an agent, once you fill out this short form, your coverage information is submitted to agents in your area that provide free Honolulu auto insurance quotes for your business. You don't have to visit any agencies because quoted prices will be sent straight to your inbox. Get lower rates and a licensed agent to talk to. If you have a need to compare rates from a particular provider, you can always search and find their rate quote page and fill out their quote form.
When narrowing the list to find a reputable agency, there are a couple of different agency structures that you can choose from. Insurance agencies in Honolulu are considered either exclusive or independent agents depending on their company appointments.
Independent Insurance Agents
Agents that choose to be independent do not sell for just one brand and that gives them the ability to insure with lots of companies and possibly get better coverage at lower prices. If they quote lower rates, they simply switch companies in-house and you stay with the same agent.
When comparing insurance rates, it's a good idea to include price quotes from a couple of independent agencies to ensure the widest selection of prices.
Below are Honolulu independent agents that may be able to give you rate quotes.
Exclusive Insurance Agents
Agents in the exclusive channel can only provide pricing for a single company such as American Family, State Farm, and AAA. Exclusive agents cannot compare other company's rates so always compare other rates. Exclusive insurance agents are trained well in insurance sales which helps overcome the inability to quote other rates.
Below are exclusive agents in Honolulu willing to provide comparison quotes.
Selecting a car insurance agent is decision based upon more than just the quoted price. These are valid questions to ask:
- Is there a Errors and Omissions policy in force?
- Do they receive special compensation for putting your coverage with one company over another?
- Which insurance companies are they affiliated with?
- Is their price quote a firm figure or are their hidden costs?
- Do they review policy coverages at every renewal?
- Are they primarily personal or commercial lines agents in Honolulu?
- Do you need full coverage on every vehicle?
- Does the company allow you to choose your own collision repair facility?