Find Cheaper Honda Element Insurance in El Paso

Discount Honda Element insuranceThe best way we recommend to get more affordable Honda Element insurance in El Paso is to compare quotes once a year from companies who sell auto insurance in Texas. Prices can be compared by following these steps.

An essential thing to point out is that you’ll want to compare identical coverage information on each quote request and and to analyze as many companies as feasibly possible. Doing this ensures an accurate price comparison and plenty of rates choose from.

It’s an obvious assumption that insurance companies don’t want their customers to go rate shopping. Consumers who shop around are inclined to switch companies because they stand a good chance of finding a lower-cost company. Remarkably, a study showed that people who made a habit of comparing rate quotes saved approximately $865 annually compared to drivers who never shopped around for better prices.

If finding the cheapest rates on car insurance in El Paso is your ultimate goal, knowing how to find companies and compare insurance coverage can help you succeed in saving money.

It’s important to know that comparing more prices will improve the odds of getting the best offered rates.

The providers in the list below are our best choices to provide free rate quotes in El Paso, TX. If several companies are displayed, we suggest you get rate quotes from several of them to get the lowest price.

Verify you’re getting every discount

Companies that sell car insurance don’t always list every policy discount very clearly, so the next list breaks down both the well known as well as the least known discounts you could be receiving when you buy El Paso car insurance online.Discount car insurance

Policy discounts save money, but most of the big mark downs will not be given to the whole policy. Most only cut specific coverage prices like comp or med pay. So even though it sounds like all those discounts means the company will pay you, nobody gets a free ride.

The information below illustrates the difference between Honda Element annual premium costs with and without policy discounts. The costs are based on a female driver, no violations or claims, Texas state minimum liability limits, comp and collision included, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, claim-free, multi-car, safe-driver, marriage, and multi-policy discounts applied.

To find car insurance companies that offer some of these discounts in El Paso, click here to view.

Auto insurance data for a Honda Element

The rate table shown next covers different policy rates for Honda Element models. Learning as much as possible about how auto insurance prices are established can benefit drivers when making smart choices when purchasing an auto insurance policy.

Honda Element Insurance Rates in El Paso, TX
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Element LX 2WD $156 $306 $400 $24 $120 $1,006 $84
Element LX 4WD $156 $306 $400 $24 $120 $1,006 $84
Element EX 2WD $156 $306 $400 $24 $120 $1,006 $84
Element EX 4WD $156 $306 $400 $24 $120 $1,006 $84
Element SC 2WD $156 $306 $400 $24 $120 $1,006 $84
Get Your Own Custom Quote Go

Cost estimates assume married female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Texas minimum liability limits. Discounts applied include claim-free, homeowner, safe-driver, multi-vehicle, and multi-policy. Estimates do not factor in specific El Paso garaging location which can decrease or increase coverage rates noticeably.

Choosing deductibles

One common question asked by El Paso drivers is which comprehensive and collision deductibles to buy. The rates below can help you visualize the premium difference between high and low physical damage coverage deductibles. The first pricing table uses a $250 deductible and the second price chart uses a $1,000 deductible.

Honda Element insurance premium estimates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Element LX 2WD $294 $496 $382 $22 $114 $1,333 $111
Element LX 4WD $294 $496 $382 $22 $114 $1,333 $111
Element EX 2WD $294 $496 $382 $22 $114 $1,333 $111
Element EX 4WD $294 $496 $382 $22 $114 $1,333 $111
Element SC 2WD $294 $496 $382 $22 $114 $1,333 $111
Get Your Own Custom Quote Go

Honda Element insurance premium estimates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Element LX 2WD $182 $312 $382 $22 $114 $1,012 $84
Element LX 4WD $182 $312 $382 $22 $114 $1,012 $84
Element EX 2WD $182 $312 $382 $22 $114 $1,012 $84
Element EX 4WD $182 $312 $382 $22 $114 $1,012 $84
Element SC 2WD $182 $312 $382 $22 $114 $1,012 $84
Get Your Own Custom Quote Go

Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include multi-vehicle, homeowner, multi-policy, safe-driver, and claim-free. Rate quotes do not factor in vehicle location which can affect price quotes greatly.

Based on this data, we can arrive at the conclusion that using a $250 deductible could cost the average driver approximately $27 more each month or $324 each year across all Honda Element models than quoting the higher $1,000 deductible. Since you would have to pay $750 more if you file a claim with a $1,000 deductible as compared to a $250 deductible, if you tend to go at least 28 months between claims, you would probably be better off if you decide on a higher deductible.

The illustration below highlights how deductible selection and can raise or lower Honda Element insurance costs for different age categories. Data assumes a single male driver, comprehensive and collision coverage, and no other discounts are factored in.

Drive safe and save

The example below shows how speeding tickets and fender-benders can raise Honda Element insurance premiums for different age groups of insureds. The premiums assume a married female driver, comprehensive and collision coverage, $100 deductibles, and no discounts are applied.

Full coverage rates compared to liability-only

The example below shows the comparison of Honda Element yearly insurance costs with full coverage and liability only. The premiums are based on no driving violations, no at-fault accidents, $1,000 deductibles, marital status is single, and no discounts are applied to the premium.

When to stop buying full coverage

There is no definitive rule for eliminating physical damage coverage on your policy, but there is a general guideline you can use. If the annual cost of comprehensive and collision coverage is more than about 10% of the replacement cost of your vehicle minus the policy deductible, then you may want to consider only buying liability coverage.

For example, let’s assume your Honda Element replacement cost is $5,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled, the most you would get paid by your company is $4,000 after paying the physical damage deductible. If it’s costing in excess of $400 annually for comprehensive and collision coverage, then it might be time to consider dropping full coverage.

There are some circumstances where only buying liability is not a good idea. If you still owe money on your vehicle, you are required to maintain full coverage to protect the lienholder’s interest. Also, if your emergency fund is not enough to purchase a different vehicle if your current one is damaged, you should keep full coverage in place.

Insurance agencies can help

Some consumers just want to buy from a local agent and doing so can bring peace of mind The best thing about comparing car insurance online is you can get the best rates and also buy local. Buying from and supporting local insurance agencies is especially important in El Paso.

Insurance agency in El PasoAfter filling out this quick form, your coverage information gets sent to participating agents in El Paso that can provide free El Paso car insurance quotes for your insurance coverage. It simplifies rate comparisons since you won’t have to search for any insurance agencies because quoted prices will be sent to your email. You can find better rates AND an agent nearby. If you need to get a price quote from a particular provider, feel free to go to their quote page and submit a quote form there.

When searching for an insurance agent, it can be helpful to understand the different agency structures and how they operate. Car insurance agencies are classified as either independent or exclusive depending on the company they work for.

Independent Agents

Agents that elect to be independent are not limited to a single company and that allows them to write policies with any number of different companies and find the cheapest rate. If you are not satisfied with one company, they simply move your policy to a different company and the insured can keep the same agent.

If you are comparing rate quotes, you will definitely want to get some free quotes from several independent insurance agents for the best price selection.

Below is a short list of independent agents in El Paso that may be able to give you free car insurance quotes.

6999 Montana AveEl Paso, TX 79925(915) 771-9193View Map

7500 N Mesa St # 202El Paso, TX 79912(915) 845-7777View Map

Texas State Insurance Agency
1501 N Mesa StEl Paso, TX 79902(915) 838-1501View Map

More El Paso agents

Exclusive Agents

Exclusive agencies generally can only insure with one company such as State Farm or Allstate. They usually cannot provide prices from multiple companies so you might not find the best rates. They are usually well trained on their company’s products which helps them sell on service rather than price.

Below is a short list of exclusive agents in El Paso willing to provide price quote information.

12420 Edgemere Blvd Ste 102El Paso, TX 79938(915) 855-0035View Map

11660 Montwood Dr iEl Paso, TX 79936(915) 856-1200View Map

3010 Saul Kleinfeld Dr Ste EEl Paso, TX 79936(915) 921-9800View Map

More El Paso agents

Selecting an insurance agent should depend on more than just a cheap price. These are some questions your agent should answer.

After receiving good feedback to any questions you have and an affordable coverage quote, you may have found a car insurance agent that meets your needs to insure your vehicles.

Which policy gives me the best coverage?

Always keep in mind that when comparing insurance from an agent or online for your vehicles, there isn’t really a one size fits all plan. Your financial needs are unique so your insurance needs to address that.Safe vehicles cost less to insure
For example, these questions can aid in determining if your situation would benefit from professional advice.

If you can’t answer these questions but you think they might apply to your situation, you may need to chat with a licensed agent. To find an agent in your area, complete this form or you can also visit this page to select a carrier

Why Informed Consumers Pay Less for Honda Element Insurance

Many factors are used in the calculation when quoting car insurance. Some of the criteria are obvious like a motor vehicle report, but others are less apparent like your vehicle usage or your commute time.

Why car insurance is not optional

Despite the high insurance cost for a Honda Element in El Paso, car insurance serves an important purpose.

The benefits of carrying enough insurance are definitely more than the cost, particularly if you ever have a claim. The average driver in Texas overpays more than $855 a year so it’s recommended you shop around at every policy renewal to make sure the price is not too high.

Affordable insurance premiums are out there

Discount Honda Element insurance in El Paso is attainable on the web and also from your neighborhood El Paso agents, and you need to price shop both in order to have the best chance of saving money. A few companies don’t offer rate quotes online and these regional carriers prefer to sell through independent agents.

When searching for affordable El Paso car insurance quotes, you should never buy lower coverage limits just to save a few bucks. There are too many instances where someone sacrificed liability limits or collision coverage only to regret that a couple dollars of savings turned into a financial nightmare. The proper strategy is to find the BEST coverage for the lowest price, but do not sacrifice coverage to save money.

You just read a lot of ways to find cheap Honda Element insurance in El Paso. The most important thing to understand is the more companies you get premium rates for, the higher the chance of saving money. You may even find the best car insurance rates are with a small mutual company. Some small companies can often provide lower premium rates in certain areas as compared to the big name companies such as Progressive and GEICO.

Additional information is available at the links below