It’s well known that insurance companies don’t want you to look at other companies. People who shop for lower rates will probably move their business because there is a good probability of finding a cheaper policy. A study showed that consumers who regularly compared rates saved approximately $3,400 over four years compared to other drivers who didn’t regularly shop around.
If finding low prices for Honda Pilot insurance is why you’re here, then understanding the best ways to find and compare insurance rates can make it easier to shop your coverage around.
The best way we recommend to find cheaper quotes for Honda Pilot insurance in Miami is to make a habit of regularly comparing prices from companies in Florida.
- First, learn about how car insurance works and the factors you can control to keep rates in check. Many rating factors that result in higher rates such as traffic violations, accidents, and a less-than-favorable credit score can be controlled by making minor driving habit or lifestyle changes. This article provides ideas to keep prices down and find discounts that you may qualify for.
- Second, compare rates from direct carriers, independent agents, and exclusive agents. Direct and exclusive agents can only give rate quotes from a single company like GEICO or Farmers Insurance, while agents who are independent can quote rates from multiple sources. View a list of agents
- Third, compare the new rate quotes to your current policy premium and determine if there is any savings. If you can save money and decide to switch, ensure coverage does not lapse between policies.
- Fourth, tell your current agent or company of your decision to cancel your current coverage. Submit any necessary down payment along with the completed application to your new carrier. Once the paperwork is finalized, place your new proof of insurance paperwork with your vehicle’s registration.
One important bit of advice is that you’ll want to compare identical coverages on every price quote and and to get price quotes from as many different insurance providers as possible. This enables a fair rate comparison and a better comparison of the market.
Locating the best rates in Miami is much easier if you have a good place to start. If you have a policy now or need new coverage, use these tips to get lower rates without sacrificing coverage. Drivers only need an understanding of the best way to compare rate quotes from many companies at once.
How to get free Honda Pilot insurance quotes online
The companies in the list below offer free quotes in Miami, FL. To buy cheap auto insurance in Florida, we suggest you visit as many as you can in order to get a fair rate comparison.
Choosing the best Honda vehicle insurance in Florida is an important decision
Despite the potentially high cost of Honda Pilot insurance, maintaining insurance is a good idea for several reasons.
- The majority of states have mandatory liability insurance requirements which means the state requires a minimum amount of liability coverage in order to get the vehicle licensed. In Florida these limits are 10/20/10 which means you must have $10,000 of bodily injury coverage per person, $20,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
- If you have a loan on your Pilot, almost every bank will stipulate that you have full coverage to guarantee loan repayment. If coverage lapses or is canceled, the bank or lender will purchase a policy for your Honda at an extremely high rate and force you to pay much more than you were paying before.
- Car insurance protects both your Honda and your assets. It also can pay for medical expenses incurred in an accident. One of the most valuable coverages, liability insurance, will also pay to defend you if you are sued as the result of your driving. If your Honda gets damaged, your car insurance policy will pay to have it repaired.
The benefits of carrying adequate insurance outweigh the cost, particularly if you ever have a claim. According to a recent study, the average American driver overpays as much as $810 a year so compare rate quotes each time the policy renews to make sure the price is not too high.
Insurance rate breakdown
The information below showcases a range of insurance coverage prices for Honda Pilot models. Learning as much as possible about how policy premiums are figured can aid in making smart choices when choosing a car insurance company.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Pilot LX 2WD | $226 | $370 | $472 | $28 | $142 | $1,238 | $103 |
| Pilot EX 2WD | $254 | $370 | $472 | $28 | $142 | $1,266 | $106 |
| Pilot EX 4WD | $254 | $370 | $472 | $28 | $142 | $1,266 | $106 |
| Pilot EX-L 2WD | $254 | $452 | $472 | $28 | $142 | $1,348 | $112 |
| Pilot EX-L 4WD | $254 | $452 | $472 | $28 | $142 | $1,348 | $112 |
| Pilot Touring 2WD | $254 | $452 | $472 | $28 | $142 | $1,348 | $112 |
| Pilot Touring 4WD | $254 | $452 | $472 | $28 | $142 | $1,348 | $112 |
| Get Your Own Custom Quote Go | |||||||
Prices based on single male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Florida minimum liability limits. Discounts applied include multi-vehicle, homeowner, multi-policy, safe-driver, and claim-free. Premium costs do not factor in zip code location which can lower or raise premium rates considerably.
Comparison of policy deductibles
One frequently asked question is which deductibles should you choose. The comparisons below help summarize the costs and benefits when you choose different deductibles. The first table uses a $250 physical damage coverage deductible and the second price grid uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Pilot LX 2WD | $322 | $446 | $418 | $24 | $124 | $1,359 | $113 |
| Pilot EX 2WD | $364 | $446 | $418 | $24 | $124 | $1,401 | $117 |
| Pilot EX 4WD | $364 | $446 | $418 | $24 | $124 | $1,401 | $117 |
| Pilot EX-L 2WD | $364 | $544 | $418 | $24 | $124 | $1,499 | $125 |
| Pilot EX-L 4WD | $364 | $544 | $418 | $24 | $124 | $1,499 | $125 |
| Pilot Touring 2WD | $364 | $544 | $418 | $24 | $124 | $1,499 | $125 |
| Pilot Touring 4WD | $364 | $544 | $418 | $24 | $124 | $1,499 | $125 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Pilot LX 2WD | $262 | $360 | $418 | $24 | $124 | $1,188 | $99 |
| Pilot EX 2WD | $296 | $360 | $418 | $24 | $124 | $1,222 | $102 |
| Pilot EX 4WD | $296 | $360 | $418 | $24 | $124 | $1,222 | $102 |
| Pilot EX-L 2WD | $296 | $438 | $418 | $24 | $124 | $1,300 | $108 |
| Pilot EX-L 4WD | $296 | $438 | $418 | $24 | $124 | $1,300 | $108 |
| Pilot Touring 2WD | $296 | $438 | $418 | $24 | $124 | $1,300 | $108 |
| Pilot Touring 4WD | $296 | $438 | $418 | $24 | $124 | $1,300 | $108 |
| Get Your Own Custom Quote Go | |||||||
Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, and Florida minimum liability limits. Discounts applied include multi-policy, safe-driver, homeowner, claim-free, and multi-vehicle. Rates do not factor in specific zip code location which can influence prices noticeably.
Based on these figures, using a $250 deductible costs an average of $16 more each month or $192 a year than buying the higher $500 deductible. Since the policyholder would be required to pay $250 more if you turn in a claim with a $500 deductible as compared to a $250 deductible, if you tend to average at least 16 months between claim filings, you would probably be better off by selecting a higher deductible. Here is an example of how this decision is made.
| Average monthly premium for $250 deductibles: | $121 |
| Average monthly premium for $500 deductibles (subtract): | – $105 |
| Monthly savings from raising deductible: | $16 |
| Difference between deductibles ($500 – $250): | $250 |
| Divide difference by monthly savings: | $250 / $16 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 16 months |
Careless driving habits raise auto insurance rates
The diagram below illustrates how speeding tickets and accidents can drive up Honda Pilot insurance premiums for different age groups. The rates are based on a married female driver, full coverage, $500 deductibles, and no policy discounts are applied.
Full coverage versus liability only rates
The diagram below visualizes the comparison of Honda Pilot insurance prices with full physical damage coverage compared to only buying the minimum liability limits required in Florida. Data assumes no claims or violations, $100 deductibles, single status, and no policy discounts are applied.
Should you be buying full coverage?
There is no written rule for excluding comp and collision coverage, but there is a broad guideline. If the yearly cost for physical damage coverage is more than around 10% of the settlement you would receive from your company, then it’s probably a good time to buy liability coverage only.
For example, let’s pretend your Honda Pilot settlement value is $9,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled, the most your company will settle for is $8,000 after you pay the deductible. If it’s costing in excess of $800 a year for comprehensive and collision coverage, then you might consider buying liability only.
There are some scenarios where dropping full coverage is not recommended. If you still have a loan on your vehicle, you have to carry full coverage as part of the loan requirements. Also, if your savings is not enough to buy a different vehicle in the event your current vehicle is totaled, you should not remove full coverage.
Get cheaper Honda Pilot insurance in Miami with discounts
Companies that sell car insurance don’t list the complete list of policy discounts in an easy-to-find place, so the list below contains both well-publicized as well as some of the hidden credits available to you.
- Clubs and Organizations – Participating in certain professional organizations could earn you a nice discount on your next renewal.
- Driver’s Education for Students – Cut your cost by having your teen driver enroll and complete driver’s education if it’s offered in school.
- Defensive Driving Course – Taking time to complete a course teaching safe driver skills could cut 5% off your bill depending on where you live.
- Discount for Home Ownership – Owning your own home or condo can get you a discount due to the fact that maintaining a home shows financial diligence.
- Data Collection Discounts – Policyholders that allow their company to study vehicle usage through the use of a telematics system like Drivewise from Allstate or In-Drive from State Farm could possibly reduce rates if they exhibit good driving behavior.
- Sign Online – A few larger online companies will discount your bill up to fifty bucks just for signing your application over the internet.
- Seat Belts Save more than Lives – Drivers who always wear seat belts and also require passengers to fasten their seat belts can save a little on medical payment and PIP coverage.
- Discount for Low Mileage – Keeping the miles down on your Honda may allow you to get lower prices on the low mileage vehicles.
- ABS and Traction Control Discounts – Anti-lock brake equipped vehicles are much safer to drive so you can save 10 percent or more.
- Discount for Passive Restraints – Factory air bags and/or automatic seat belt systems may qualify for discounts up to 30%.
A little note about advertised discounts, most discount credits are not given to the entire cost. The majority will only reduce specific coverage prices like collision or personal injury protection. Just because it seems like you can get free auto insurance, it doesn’t quite work that way.
The diagram below shows the comparison of Honda Pilot car insurance costs with and without policy discounts. The premiums are based on a female driver, no accidents, no driving violations, Florida state minimum liability limits, comprehensive and collision coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, homeowner, marriage, claim-free, multi-policy, and multi-car discounts applied.
Large insurance companies and their possible discounts can be found below.
- Progressive includes discounts for continuous coverage, online quote discount, multi-policy, multi-vehicle, online signing, and good student.
- MetLife may include discounts for defensive driver, good student, claim-free, good driver, and accident-free.
- Mercury Insurance offers premium reductions for anti-theft, good student, professional/association, accident-free, multi-policy, and good driver.
- Nationwide offers discounts including defensive driving, anti-theft, family plan, business or organization, and good student.
- GEICO policyholders can earn discounts including good student, defensive driver, multi-policy, seat belt use, and federal employee.
- AAA may offer discounts for AAA membership discount, multi-policy, education and occupation, good student, and good driver.
If you are trying to find low cost Miami car insurance quotes, ask all the companies how many discounts you can get. Savings might not be offered on policies in Miami. To see a list of insurers who offer online Honda Pilot insurance quotes in Miami, click here to view.
Get rate quotes but buy from a local neighborhood Miami car insurance agent
A small number of people just prefer to buy from a licensed agent and that is just fine! Most agents can help you build your policy and help submit paperwork. The biggest benefit of comparing car insurance online is that drivers can save money and get better rates and still choose a local agent.
Upon completion of this form (opens in new window), the coverage information is sent to agents in your area who will give you quotes for your business. You never need to leave your house due to the fact that quote results will go directly to you. If you wish to get a price quote from a specific insurance company, you can always jump over to their website and complete a quote there.
Picking the best provider needs to be determined by more than just a cheap price. These questions are important to ask:
- What is the financial rating for the quoted company?
- Are they in the agency full-time?
- What insurance companies do they recommend if they are an independent agent?
- Is vehicle damage repaired with OEM or aftermarket parts?
- Are you getting all the discounts the company offers?
Is an exclusive or independent car insurance agent right for you?
When finding a good insurance agency, there are two different types of agencies that differ in how they can insure your vehicles. Car insurance agents in Miami can be categorized as either independent agents or exclusive agents depending on their employer. Either can handle car insurance, but it is a good idea to know the subtle differences because it can factor into your selection of an agent.
Exclusive Agents
Agents that elect to be exclusive generally can only insure with one company and some examples include Allstate, Farmers Insurance or State Farm. Exclusive agents cannot provide prices from multiple companies so you might not find the best rates. Exclusive agents are usually well trained on their products and sales techniques which helps overcome the inability to quote other rates. Some insured continue to use the same agent primarily because of high brand loyalty rather than low price.
The following is a short list of exclusive insurance agencies in Miami willing to provide price quote information.
- Allstate Insurance: Ramon Balladares
2455 SW 27th Ave #210 – Miami, FL 33145 – (305) 859-8556 – View Map - GEICO Insurance Agent
8514 SW 8th St – Miami, FL 33144 – (305) 595-2911 – View Map - Mario Obregon – State Farm Insurance Agent
6701 Sunset Dr #115 – South Miami, FL 33143 – (305) 661-7667 – View Map
Independent Agents
These agents are not required to write business for one company so they can write business through many different car insurance companies and find the cheapest car insurance rates. If your premiums go up, they can switch companies in-house and you won’t have to switch agencies. When comparing rate quotes, you will definitely want to include price quotes from at least one independent agent to have the most options to choose from. Most have the option of insuring with small regional insurance companies which can save you money.
Shown below is a short list of independent insurance agents in Miami that can give you price quote information.
- Oliva Insurance Agency Inc
370 Miracle Mile – Miami, FL 33134 – (305) 270-1447 – View Map - A 1-Stop Insurance Agency Inc
3629 SW 8th St – Miami, FL 33135 – (305) 441-7100 – View Map - Neighbors Insurance Agency
7149 W Flagler St – Miami, FL 33144 – (786) 401-4820 – View Map
Cover all your bases
In this article, we presented quite a bit of information on how to save on Honda Pilot insurance in Miami. The most important thing to understand is the more rate comparisons you have, the more likely it is that you will get a better rate. You may even find the best rates are with a small mutual company.
When searching for affordable Miami car insurance quotes, never sacrifice coverage to reduce premiums. Too many times, someone sacrificed uninsured motorist or liability limits to discover at claim time that it was a big error on their part. Your objective should be to buy a smart amount of coverage at a price you can afford, but don’t skip important coverages to save money.
Insureds who switch companies do it for many reasons like delays in responding to claim requests, questionable increases in premium, extreme rates for teen drivers or even high prices. No matter why you want to switch, finding a new company is easier than you think.
Additional detailed information can be read by following these links:
- Frontal Crash Tests (iihs.org)
- What Insurance is Cheapest for Used Cars in Miami? (FAQ)
- Who Has Cheap Car Insurance Quotes for Drivers Over Age 50 in Miami? (FAQ)
- Who Has Affordable Car Insurance for a Toyota Camry in Miami? (FAQ)
- Who Has the Cheapest Auto Insurance Rates for Drivers Under 25 in Miami? (FAQ)
- Medical Payments Coverage (Liberty Mutual)
- Protect Yourself Against Auto Theft (Insurance Information Institute)
- Understanding Car Crashes Video (iihs.org)
- How to shop for a safer car (Insurance Institute for Highway Safety)