Car Insurance Rates for a Honda Fit in Fort Worth

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Insurance quote for Honda Fit in Fort WorthIf your goal is the lowest price, then the best way to save money on auto insurance rates in Fort Worth is to start comparing prices regularly from different companies that sell auto insurance in Texas.

First, read and learn about how auto insurance works and the things you can control to keep rates down. Many policy risk factors that result in higher rates such as accidents, traffic violations, and a low credit score can be remedied by improving your driving habits or financial responsibility.

Second, request price quotes from direct, independent, and exclusive agents. Exclusive and direct companies can give quotes from a single company like GEICO or State Farm, while independent agencies can quote prices from multiple insurance companies.

Third, compare the new rate quotes to your current policy to see if a cheaper price is available in Fort Worth. If you can save some money, ensure there is no coverage lapse between policies.

Fourth, give notification to your current company of your intent to cancel your current policy and submit a down payment and signed policy application to your new agent or company. As soon as coverage is bound, store the certificate verifying coverage along with your vehicle registration.

A tip to remember is to make sure you're comparing the same deductibles and limits on each price quote and and to compare every company you can. This guarantees a fair price comparison and a complete selection of prices.

Smart shoppers know that insurance companies don't want you quoting rates from other companies. Consumers who get price comparisons are likely to buy a different policy because there is a good chance of finding good coverage at a lower price. A recent auto insurance study discovered that people who shopped around every year saved about $865 annually compared to people who never shopped around for lower prices.

If finding the best price on car insurance in Fort Worth is your objective, then having a grasp of the best ways to find and compare car insurance can make it easier for you to save money.

The are a couple different ways to compare rate quotes from all the different companies. The recommended way to lower the rate you pay for Honda Fit insurance is to get quotes online.

Getting free rates online is quite simple, and it makes it obsolete to make phone calls or go to insurance agencies in your area. The internet makes this unnecessary unless you require the professional assistance that can only be provided by a licensed insurance agent. You can, however, price shop your coverage online and still use a local agent.

When comparison shopping, comparing more prices provides better odds of finding more affordable insurance.

The car insurance companies shown below provide quotes in Fort Worth, TX. If multiple providers are shown, it's highly recommended you visit several of them to get the best price comparison.

Affordable Honda Fit insurance in Fort Worth

Auto insurance companies don't list every discount available in a way that's easy to find, so the next list breaks down some of the best known and also the lesser-known ways to save on car insurance. If you are not receiving all the discounts possible, you are just wasting money.Save money with discounts

  • Air Bags and Passive Restraints - Vehicles with factory air bags and/or automatic seat belt systems may qualify for discounts of more than 20%.
  • Good Students Pay Less - Performing well in school may save as much as 25% on a Fort Worth car insurance quote. The good student discount can last up until you turn 25.
  • Military Discounts - Having a family member in the military can result in better rates.
  • Sign Online - Certain larger companies will discount your bill up to fifty bucks simply for signing on your computer.
  • Theft Deterrent Discount - Cars, trucks, and SUVs that have factory anti-theft systems are less likely to be stolen and therefore earn up to a 10% discount.

Please keep in mind that most discounts do not apply to your bottom line cost. Most only apply to specific coverage prices like comp or med pay. So when it seems like all those discounts means the company will pay you, companies don't profit that way.

The example below compares Honda Fit auto insurance rates with and without discounts applied to the policy premium. The prices are based on a female driver, no claims or driving citations, Texas state minimum liability limits, full coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, marriage, claim-free, safe-driver, homeowner, and multi-policy discounts applied.

Some companies that may offer policyholders these benefits include:

If you need lower rates, check with every prospective company the best way to save money. All car insurance discounts may not apply to policies everywhere.

Coverage information

The rate information below highlights different insurance rates for Honda Fit models. Having a good grasp of how insurance policy premiums are determined is important for you to make informed decisions.

Honda Fit Insurance Rates in Fort Worth, TX
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Fit $136 $322 $284 $16 $86 $844 $70
Fit Sport $156 $322 $284 $16 $86 $864 $72
Fit Sport VSA $156 $378 $284 $16 $86 $920 $77
Get Your Own Custom Quote Go

Cost estimates assume single male driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Texas minimum liability limits. Discounts applied include homeowner, safe-driver, multi-policy, multi-vehicle, and claim-free. Estimates do not factor in specific zip code location which can change premiums noticeably.

Should you raise deductibles?

When buying insurance, a common question is where to set your physical damage deductibles. The figures shown below summarize the differences in premium rates between high and low physical damage coverage deductibles. The first data table uses a $100 deductible for comprehensive and collision coverage and the second price grid uses a $500 deductible.

Honda Fit insurance premium rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Fit $286 $592 $252 $14 $76 $1,245 $104
Fit Sport $328 $592 $252 $14 $76 $1,287 $107
Fit Sport VSA $328 $698 $252 $14 $76 $1,393 $116
Get Your Own Custom Quote Go
Honda Fit insurance premium rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Fit $208 $400 $252 $14 $76 $950 $79
Fit Sport $240 $400 $252 $14 $76 $982 $82
Fit Sport VSA $240 $472 $252 $14 $76 $1,054 $88
Get Your Own Custom Quote Go

Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include multi-vehicle, safe-driver, multi-policy, homeowner, and claim-free. Price information does not factor in specific Fort Worth garaging location which can change rates considerably.

Based on the above data, using a $100 deductible will cost you approximately $26 more each month or $312 annually than opting for the higher $500 deductible. Because you would pay $400 more to file a claim with a $500 deductible as compared to a $100 deductible, if you tend to average at a minimum 15 months between claim filings, you would probably be better off if you choose the higher deductible.

Calculate savings of higher deductibles

Average monthly premium for $100 deductibles: $109
Average monthly premium for $500 deductibles (subtract): - $83
Monthly savings from raising deductible: $26
Difference between deductibles ($500 - $100): $400
Divide difference by monthly savings: $400 / $26
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 15 months

One thing to note is that raising deductibles to save money means you will have to cover more of the damage yourself when you have a comprehensive or collision claim. That will necessitate some funds available in order to pay more for the deductible.

Insurance rates are higher with tickets and accidents

The diagram below illustrates how speeding tickets and at-fault collisions raise Honda Fit insurance costs for each age group. The premiums are based on a married female driver, full physical damage coverage, $250 deductibles, and no discounts are factored in.

Honda Fit insurance premiums by gender in Fort Worth

The chart below compares Honda Fit insurance rates for male and female drivers. The data assumes no violations or accidents, full physical damage coverage, $1,000 deductibles, drivers are not married, and no discounts are factored in.

Difference between liability only and full coverage rates

The information below compares Honda Fit insurance prices with full coverage and liability only. The premium estimates are based on no accidents, no driving violations, $1,000 deductibles, single marital status, and no policy discounts are applied.

Should you be buying full coverage?

There is no written rule for phasing out full coverage, but there is a general school of thought. If the annual cost of having full coverage is about 10% or more of the vehicle's replacement cost less your deductible, the it may be a good time to stop paying for full coverage.

For example, let's assume your Honda Fit claim settlement value is $5,000 and you have $1,000 physical damage deductibles. If your vehicle is damaged in an accident, the most you would receive is $4,000 after you pay the deductible. If you are paying in excess of $400 a year for full coverage, then it may be the right time to buy liability only.

There are some scenarios 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 as part of the loan conditions. Also, if you cannot afford to purchase a different vehicle in the even your car is totaled, you should not remove full coverage.

Get rate quotes but buy from a local neighborhood Fort Worth car insurance agent

Many drivers just want to have an agent's advice and that can be a great decision An additional benefit of getting online price quotes is you can get the best rates and still choose a local agent. Buying from local agents is definitely important in Fort Worth.

Insurance agents in Fort WorthUpon completion of this short form, the quote information is instantly submitted to companies in Fort Worth who can give free rate quotes to get your business. You won't need to visit any agencies as quotes are delivered to your email. You can most likely find cheaper rates and an insurance agent to talk to. In the event you want to compare prices for a specific company, you would need to jump over to their website and complete a quote there.

Fort Worth auto insurance agents come in two flavors

If you're trying to find a reliable insurance agency, you should know the different agency structures and how they are distinctly different. Agencies in Fort Worth are considered either independent or exclusive depending on the company they work for.

Independent Auto Insurance Agencies

Agents of this type do not work for one specific company and that allows them to write policies with lots of companies and get the cheapest rates. To move your coverage to a new company, the business is moved internally and you can keep the same agent.

If you are trying to find cheaper rates, we recommend you compare quotes from independent agents to ensure the widest selection of prices.

Listed below is a list of independent agencies in Fort Worth who may be able to give you price quotes.

6300 Ridglea Pl #1115 - Fort Worth, TX 76116 - (817) 380-5597 - View Map

5901 E Lancaster Ave - Fort Worth, TX 76112 - (817) 496-9111 - View Map

3304 Swan St - Fort Worth, TX 76117 - (817) 335-3400 - View Map

View more Fort Worth agents

Exclusive Agents

Agents in the exclusive channel have only one company to place business with such as State Farm, Allstate, or Farmers Insurance. They generally cannot compare other company's rates so you might not find the best rates. Exclusive insurance agents are well schooled on their company's products which helps overcome the inability to quote other rates.

The following is a list of exclusive insurance agencies in Fort Worth that can give you price quote information.

4200 South Fwy #102 - Fort Worth, TX 76115 - (817) 926-9537 - View Map

6901 McCart Ave Ste 100 - Fort Worth, TX 76133 - (817) 370-1895 - View Map

8651 John T White Rd #103 - Fort Worth, TX 76120 - (817) 795-1196 - View Map

View more Fort Worth agents

Selecting a insurance agent requires more thought than just the quoted price. Ask your prospective agent these questions:

  • Does the agent help file claims?
  • How many companies do they write for?
  • What are the financial ratings for the companies they represent?
  • If independent agents, which companies do they recommend?
  • Do you work with a CSR or direct with the agent?
  • Are claim adjusters local or do you have to take your car somewhere else?
  • How long have they worked with personal auto insurance coverage?
  • Do they have cheaper tiers of coverage?

If you receive good answers to your questions and an affordable coverage quote, you may have just found an insurance agency that can be relied on to properly service your auto insurance policy.

Coverages available on your policy

Having a good grasp of a insurance policy can be of help when determining the best coverages at the best deductibles and correct limits. The terms used in a policy can be confusing and even agents have difficulty translating policy wording. Shown next are the usual coverages found on most insurance policies.

Auto liability

This provides protection from damage that occurs to people or other property by causing an accident. It protects YOU against claims from other people, and doesn't cover your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see policy limits of 30/60/25 that means you have $30,000 in coverage for each person's injuries, a per accident bodily injury limit of $60,000, and property damage coverage for $25,000. Alternatively, you may have one number which is a combined single limit which limits claims to one amount with no separate limits for injury or property damage.

Liability insurance covers claims like loss of income, medical services, repair costs for stationary objects and bail bonds. How much liability should you purchase? That is up to you, but consider buying as much as you can afford. Texas state law requires minimum liability limits of 30/60/25 but drivers should carry better liability coverage.

The chart below demonstrates why low liability limits may not provide you with enough coverage.

Medical expense insurance

Med pay and PIP coverage pay for expenses for ambulance fees, nursing services, dental work, doctor visits and rehabilitation expenses. They are used to fill the gap from your health insurance policy or if you do not have health coverage. It covers you and your occupants in addition to being hit by a car walking across the street. PIP is not universally available and may carry a deductible

Protection from uninsured/underinsured drivers

Uninsured or Underinsured Motorist coverage provides protection when other motorists are uninsured or don't have enough coverage. Covered claims include medical payments for you and your occupants and damage to your Honda Fit.

Since a lot of drivers only purchase the least amount of liability that is required (which is 30/60/25), their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is very important. Usually these coverages do not exceed the liability coverage limits.

Comprehensive (Other than Collision)

This covers damage OTHER than collision with another vehicle or object. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive can pay for things like falling objects, damage from getting keyed and hitting a bird. The highest amount a insurance company will pay at claim time is the actual cash value, so if it's not worth much more than your deductible it's not worth carrying full coverage.

Coverage for collisions

Collision coverage pays for damage to your Fit resulting from a collision with a stationary object or other vehicle. A deductible applies then your collision coverage will kick in.

Collision can pay for things like colliding with another moving vehicle, damaging your car on a curb, rolling your car and sideswiping another vehicle. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. It's also possible to bump up the deductible on your Fit to save money on collision insurance.

Cheaper auto insurance rates are out there

Cheap Honda Fit insurance in Fort Worth is available from both online companies as well as from insurance agents, and you need to price shop both in order to have the best price selection to choose from. There are still a few companies who may not offer online quoting and many times these small, regional companies work with independent agents.

You just read many ideas to reduce Honda Fit insurance premium rates online in Fort Worth. The key concept to understand is the more you quote Fort Worth car insurance, the more likely it is that you will get a better rate. You may even find the lowest premium rates are with a company that doesn't do a lot of advertising. These smaller insurers often have lower prices on specific markets compared to the large companies like Allstate or State Farm.

When searching for affordable Honda Fit insurance quotes, you should never reduce needed coverages to save money. In too many instances, an insured dropped collision coverage only to regret that the few dollars in savings costed them thousands. Your focus should be to get the best coverage possible at an affordable rate while still protecting your assets.

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