Cheapest Honda Pilot Insurance in Chicago

Are you tired of being strong-armed to pay your auto insurance bill each month? You’re in the same situation as many other Illinois drivers.

Unbelievable but true, most auto insurance policyholders have remained with the same auto insurance company for at least four years, and nearly the majority have never even compared quotes to find affordable rates. Chicago drivers could save almost $600 each year just by comparing rates, but they don’t invest the time required to find affordable insurance by shopping around.

Many car insurance companies vie for your insurance dollar, so it can be very hard to choose a insurance company to find the best rates possible on Honda Pilot insurance in Chicago.

If you have coverage now, you should be able to cut your premiums using the techniques covered below. Buying the cheapest car insurance in Chicago is actually quite easy if you know where to start. Nevertheless, Illinois drivers do need to understand how big insurance companies calculate their prices and use it to your advantage.

All major car insurance companies allow you to get price estimates online. Obtaining pricing for Honda Pilot insurance in Chicago is fairly straightforward as you simply enter your required coverages as detailed in the form. After you submit the form their system obtains your credit score and driving record and returns pricing information. Being able to quote online for Honda Pilot insurance in Chicago simplifies rate comparisons, and it’s very important to have as many quotes as possible in order to find the most affordable car insurance rates.

In order to find out how much you can save on car insurance, compare quotes from the companies shown below. If you currently have coverage, we recommend you duplicate the limits and deductibles exactly as they are listed on your policy. This way, you will be getting a fair comparison based on the exact same insurance coverage.

The car insurance companies shown below are ready to provide quotes in Chicago, IL. If multiple companies are shown, it’s a good idea that you visit several of them to get a more complete price comparison.

Prices above based on single female driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Illinois minimum liability limits. Discounts applied include safe-driver, homeowner, multi-vehicle, multi-policy, and claim-free. Rate information does not factor in vehicle location which can lower or raise coverage prices significantly.

Rate comparison for different deductibles

When comparing auto insurance rates, the most common question is where should you set your physical damage deductibles. The premium rates below can help illustrate the rate differences when you buy lower versus higher physical damage deductibles. The first rate table uses a $100 deductible for comprehensive and collision coverage and the second price grid uses a $500 deductible.

Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, and Illinois minimum liability limits. Discounts applied include safe-driver, claim-free, multi-vehicle, multi-policy, and homeowner. Premium costs do not factor in vehicle location which can influence premiums significantly.

Based on these figures, using a $100 deductible would cost the average driver about $18 more each month or $216 annually than opting for the higher $500 deductible. Due to the fact that you would have to pay $400 more if you file a claim with a $500 deductible as compared to a $100 deductible, if you normally go at a minimum 22 months between claims, you would probably be better off by selecting a higher deductible.

Violations and accidents raise rates

The information below highlights how traffic violations and accidents influence Honda Pilot insurance prices for each different age category. The premiums assume a married female driver, comp and collision included, $250 deductibles, and no discounts are applied to the premium.

Yearly auto insurance costs for men versus women

The information below shows the comparison of Honda Pilot premium costs for male and female drivers. The premiums assume no accidents, no driving violations, comp and collision included, $1,000 deductibles, drivers are not married, and no discounts are applied to the premium.

Don’t overlook these Honda Pilot insurance discounts

Some companies don’t always advertise all possible discounts in a way that’s easy to find, so the list below gives a summary of a few of the more well known and the more hidden credits that may apply to you. If you do not double check each discount you deserve, you could be getting lower rates.

• Safety Course Discount – Participating in a course teaching defensive driver skills can save you 5% or more and easily recoup the cost of the course.
• Waiver for an Accident – This isn’t a discount exactly, but a handful of insurance companies will forgive one accident without the usual rate increase if you are claim-free for a particular time prior to the accident.
• Drive Less and Save – Driving fewer miles could qualify for lower premium rates on the low mileage vehicles.
• Multiple Vehicles – Drivers who insure primary and secondary vehicles on one policy could earn a price break for each car.
• Onboard Data Collection – Insureds that choose to allow driving data collection to scrutinize driving patterns through the use of a telematics system like Allstate’s Drivewise could save a few bucks if they are good drivers.
• ABS and Traction Control Discounts – Cars and trucks with ABS braking systems or traction control prevent accidents and the ABS can save up to 10%.
• Chicago Homeowners Pay Less – Just being a homeowner can earn you a little savings due to the fact that maintaining a home demonstrates responsibility.
• Discount for Passive Restraints – Factory options such as air bags or automatic seat belts can get savings of more than 20%.
• Early Signing – Some auto insurance companies give discounts for renewing your policy before your current Pilot insurance policy expires. You may see this discount when you get Chicago auto insurance quotes online.
• Membership in Organizations – Belonging to qualifying clubs or civic groups could qualify you for a break on your bill.

A quick disclaimer, some credits don’t apply to the entire policy premium. The majority will only reduce the cost of specific coverages such as comprehensive or collision. So even though it sounds like all the discounts add up to a free policy, that’s just not realistic.

If you would like to view insurance companies that offer many of these discounts in Chicago, click this link.

Exclusive versus independent car insurance agents

Some consumers would rather sit down and talk to an agent and that is recommended in a lot of cases One of the benefits of comparing rates online is the fact that drivers can get better rates but still work with a licensed agent. Supporting small agencies is especially important in Chicago.

To make it easy to find an agent, after completing this short form, your insurance coverage information is transmitted to companies in Chicago who will give you bids for your insurance coverage. You don’t have to drive around because quoted prices will be sent instantly to you. You can find better rates without a big time investment. If you have a need to get a rate quote from a particular provider, you can always jump over to their website and complete a quote there.

If you are searching for local Chicago agents, it’s important to understand the different types of agencies and how they operate. Agents are either exclusive or independent (non-exclusive).

Independent Insurance Agents

These type of agents are appointed with more than one company so they can insure your vehicles amongst many companies and get you the best rates possible. To move your coverage to a new company, the business is moved internally which is easy for the insured. If you are comparing rate quotes, you need to compare prices from a few independent agents to maximize your price options.

Featured below is a short list of independent insurance agents in Chicago that can possibly get you cheap rate quotes.

More Chicago agents

Exclusive Insurance Agencies

Agents that elect to be exclusive can only quote rates from one company such as American Family, State Farm, and Allstate. They usually cannot provide rate quotes from other companies so they have to upsell other benefits. Exclusive agents are well schooled on their company’s products which helps offset the inability to provide other markets.

The following are Chicago exclusive agencies who can help you get price quote information.

More Chicago agents

Choosing an auto insurance agent shouldn’t rely on just a cheap quote. Here are some questions you might want to ask.

• Do they make recommendations based only on price?
• Where are claims handled?
• Does the quote include credit and driving reports?
• What insurance company do they write the most business with?
• Is there any savings for paying the full premium?

You are unique and your insurance should be too

When buying coverage, there isn’t really a one size fits all plan. Your needs are not the same as everyone else’s.

For example, these questions can help discover whether you might need an agent’s assistance.

• Where can I find high-risk insurance?
• When should my teen driver be added to my policy?
• Do I get a pro-rated refund if I cancel my policy early?
• Am I covered when driving in Canada or Mexico?
• How much liability insurance is required?
• Do I need added coverage for expensive stereo equipment?
• Are there any extra discounts I can get?

If it’s difficult to answer those questions but you think they might apply to your situation then you might want to talk to an insurance agent. If you want to speak to an agent in your area, take a second and complete this form.

Chicago Insurance Prices are Influenced by These Factors

Smart consumers have a good feel for some of the elements that are used to determine the level of your policy premiums. When consumers understand what controls the rates you pay, this allows you to make educated decisions that will entitle you to lower rates.

• Prevent theft and save – Choosing a vehicle with a theft deterrent system can save you some money. Theft deterrent systems like OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems help track and prevent auto theft.
• Demanding occupation may mean higher premiums – Do you work in a high-stress field? Occupational choices like judges, executives and emergency personnel tend to pay higher premium rates due to intense work situations and long work hours. On the flip side, occupations like scientists, historians and retirees get better rates.
• Multiple policies with one company can save – Most larger car insurance companies will give a discount to buyers who consolidate policies with them, otherwise known as a multi-policy discount. If you currently are using one company, drivers will still want to get quotes from other companies to guarantee you are still saving the most.There is a good possibility that you can find lower rates by buying car insurance from a different company.
• Maintain car insurance coverage – Having an insurance coverage lapse can be a quick way to bump up your car insurance costs. And not only will insurance be more expensive, being ticketed for driving with no insurance may result in a hefty fine and possibly a revoked license. You may need to provide proof of insurance in the form of an SR-22 filing with the Illinois motor vehicle department.
• Credit history impact car insurance rates – Having a good credit score is a big factor in determining what you pay. So if your credit rating leaves room for improvement, you could save money insuring your Honda Pilot by improving your rating. People that have very high credit ratings tend to file fewer claims than drivers with poor credit scores.
• Having a spouse reduces risk – Being married can actually save you money on car insurance. Having a significant other demonstrates that you tend to be more financially stable and statistics show married couples file fewer claims.
• Loss probability for a Honda Pilot – Car insurance companies use statistical claims data when they calculate premium rates for each model. Vehicles that the data determines to have a trend towards higher claims will have higher rates for specific coverages. The data below shows the insurance loss data for Honda Pilot vehicles.

  For each coverage category, the claim probability for all vehicles as a whole is set at 100. Numbers under 100 indicate better than average losses, while numbers above 100 indicate frequent claims or statistically larger claims.

  Honda Pilot Insurance Loss Statistics

  Make and Model	Collision	Property Damage	Comp	Personal Injury	Medical Payment	Bodily Injury
  Honda Pilot 4dr 2WD	70	96	69	82	82	86
  Honda Pilot 4dr 4WD	79	105	81	88	74	82

  BETTER

  AVERAGE

  WORSE

  Statistics from IIHS.org for 2013-2015 Model Years

Three reasons insurance is important

Even though it can be expensive, maintaining insurance may not be optional for several reasons.

First, most states have compulsory liability insurance requirements which means it is punishable by state law to not carry specific minimum amounts of liability insurance coverage in order to license the vehicle. In Illinois these limits are 20/40/15 which means you must have $20,000 of bodily injury coverage per person, $40,000 of bodily injury coverage per accident, and $15,000 of property damage coverage.

Second, if you took out a loan on your Honda Pilot, it’s guaranteed your bank will make it mandatory that you buy full coverage to protect their interest in the vehicle. If the policy lapses, the bank may insure your Honda for a lot more money and require you to fork over the higher price.

Third, insurance protects both your car and your personal assets. Insurance will also pay for medical bills for both you and anyone you injure as the result of an accident. One policy coverage, liability insurance, will also pay attorney fees if you cause an accident and are sued. If you receive damage to your vehicle caused by a storm or accident, your insurance policy will pay to restore your vehicle to like-new condition.

The benefits of carrying enough insurance are definitely more than the cost, particularly when you have a large claim. According to a survey of 1,000 drivers, the average driver is currently overpaying as much as $855 a year so it’s recommended you shop around each time the policy renews to be sure current rates are still competitive.

Don’t give up on cheap premiums

As you shop your coverage around, don’t be tempted to reduce needed coverages to save money. There have been many situations where consumers will sacrifice comprehensive coverage or liability limits only to find out that a couple dollars of savings turned into a financial nightmare. Your objective should be to buy the best coverage you can find at the best cost, but do not sacrifice coverage to save money.

We covered many ideas to lower your Honda Pilot insurance auto insurance rates in Chicago. The key concept to understand is the more quotes you get, the more likely it is that you will get a better rate. Consumers could even find that the best price on car insurance is with a company that doesn’t do a lot of advertising.

People who switch companies do it for many reasons like delays in paying claims, lack of trust in their agent, policy non-renewal or high rates after DUI convictions. No matter why you want to switch, finding a new car insurance company is pretty easy and you might even save some money in the process.

Additional detailed information can be read at these sites:

• Child Safety FAQ (iihs.org)
• Who Has Affordable Auto Insurance for Real Estate Agents in Chicago? (FAQ)
• Who Has Cheap Chicago Car Insurance Rates for First-time Drivers? (FAQ)
• How Much are Car Insurance Rates for Drivers Requiring a SR22 in Chicago? (FAQ)
• Who Has the Cheapest Car Insurance Rates for Ride Shares in Chicago? (FAQ)
• Who Has Cheap Car Insurance for a Honda Civic in Chicago? (FAQ)
• How Much is Chicago Car Insurance for Electric Cars? (FAQ)
• Protect Yourself Against Auto Theft (Insurance Information Institute)
• Liability Insurance Coverage (Nationwide)
• No-Fault Auto Insurance Statistics (Insurance Information Institute)