Save Money on Honda Pilot Insurance in El Paso

Discount Honda Pilot insuranceDid you come to the realization that you have an overpriced car insurance policy? Don’t feel bad because many El Paso drivers feel the same as you.

It’s hard to fathom, but a large majority of drivers have stayed with the same insurance company for four years or more, and roughly 40% of drivers have never compared rate quotes at all. Consumers in El Paso can save approximately $1,770 each year, but most tend to underestimate how much money they would save if they replace their high priced policy. Due to the large number of online and local companies to choose from, it can be impossible to locate a lower cost car insurance provider.

Quoting the cheapest car insurance coverage in El Paso is not as hard as you may think. If you’re already insured or want to find a cheaper company, take advantage of these tips to lower your rates and still have adequate protection. Consumers only have to learn the quickest way to compare price quotes using one simple form.

Auto insurance providers offering affordable price quotes in Texas

The companies shown below have been selected to offer free rate quotes in El Paso, TX. If multiple companies are listed, we recommend you click on several of them to get the best price comparison.

Rates and statistics

The table displayed below highlights estimates of rate quotes for Honda Pilot models. Knowing how car insurance prices are established can assist in making informed decisions.

Honda Pilot Insurance Rates in El Paso, TX
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Pilot LX 2WD $226 $338 $358 $22 $108 $1,052 $88
Pilot EX 2WD $256 $338 $358 $22 $108 $1,082 $90
Pilot EX 4WD $256 $338 $358 $22 $108 $1,082 $90
Pilot EX-L 2WD $256 $412 $358 $22 $108 $1,156 $96
Pilot EX-L 4WD $256 $412 $358 $22 $108 $1,156 $96
Pilot Touring 2WD $256 $412 $358 $22 $108 $1,156 $96
Pilot Touring 4WD $256 $412 $358 $22 $108 $1,156 $96
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Prices based on married female driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Texas minimum liability limits. Discounts applied include claim-free, multi-policy, safe-driver, multi-vehicle, and homeowner. Premium costs do not factor in garaging location in El Paso which can decrease or increase prices significantly.

How high should deductibles be?

The hardest decision when buying coverage is the level to set your comp and collision deductibles. The figures shown below outline the differences in price of buying low and high deductibles. The first rate estimation uses a $250 physical damage deductible and the second set of prices uses a $500 deductible.

Honda Pilot insurance rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Pilot LX 2WD $294 $408 $382 $22 $114 $1,245 $104
Pilot EX 2WD $332 $408 $382 $22 $114 $1,283 $107
Pilot EX 4WD $332 $408 $382 $22 $114 $1,283 $107
Pilot EX-L 2WD $332 $496 $382 $22 $114 $1,371 $114
Pilot EX-L 4WD $332 $496 $382 $22 $114 $1,371 $114
Pilot Touring 2WD $332 $496 $382 $22 $114 $1,371 $114
Pilot Touring 4WD $332 $496 $382 $22 $114 $1,371 $114
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Honda Pilot insurance rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Pilot LX 2WD $240 $328 $382 $22 $114 $1,086 $91
Pilot EX 2WD $270 $328 $382 $22 $114 $1,116 $93
Pilot EX 4WD $270 $328 $382 $22 $114 $1,116 $93
Pilot EX-L 2WD $270 $400 $382 $22 $114 $1,188 $99
Pilot EX-L 4WD $270 $400 $382 $22 $114 $1,188 $99
Pilot Touring 2WD $270 $400 $382 $22 $114 $1,188 $99
Pilot Touring 4WD $270 $400 $382 $22 $114 $1,188 $99
Get Your Own Custom Quote Go

Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include safe-driver, multi-policy, homeowner, claim-free, and multi-vehicle. Rate information does not factor in specific location information which can alter auto insurance rates greatly.

We can derive from the above data that using a $250 deductible will cost in the ballpark of $15 more each month or $180 for a full year across all Honda Pilot models than choosing the higher $500 deductible. Since the policyholder would be required to pay $250 more to settle a claim with a $500 deductible as compared to a $250 deductible, if you tend to have at a minimum 17 months between claims, you would probably be better off if you decide on a higher deductible. Here’s the way you can do this calculation yourself.

Average monthly premium for $250 deductibles: $111
Average monthly premium for $500 deductibles (subtract): – $96
Monthly savings from raising deductible: $15
Difference between deductibles ($500 – $250): $250
Divide difference by monthly savings: $250 / $15
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 17 months

One big caveat is that raising deductibles to save money means you will have to pay more out-of-pocket when you have a comprehensive or collision claim. It will be required that you have enough money put aside in order to pay more to get your vehicle repaired.

Get Honda Pilot Insurance for Less

Many factors are used in the calculation when pricing auto insurance. Some are obvious like a motor vehicle report, but other criteria are more obscure like where you live or your vehicle rating.

Allowing your car insurance to lapse raises rates – Driving with no insurance is illegal and any future policy may cost more because you let your coverage cancel without a new policy in place. And not only will insurance be more expensive, being ticketed for driving with no insurance could result in a revoked license or a big fine.

Where you live – Choosing to live in less populated areas may provide you with better prices when trying to find low car insurance rates. Urban drivers tend to have more road rage incidents and more time behind the wheel. Fewer drivers and short commutes corresponds to lower accident rates and lower theft and vandalism rates.

Fewer miles means better costs – The more you drive your Honda in a year’s time the more you’ll pay to insure it. A lot of companies charge rates partially by how you use the vehicle. Cars and trucks that sit idle most of the time receive better premium rates compared to those used for work or business. Having the wrong rating on your Pilot is throwing money out the window. Double check that your car insurance declarations sheet reflects the right rating data.

Younger drivers pay high costs – Drivers with little experience are proven to be inattentive when at the wheel of a vehicle and because of this, their car insurance rates are much higher. If you’ve ever had to add a youthful driver onto a policy can increase premiums substantially. More experienced drivers are shown to be more cautious, statistically cause fewer accidents, and usually have better credit.

The following data uses these assumptions: single driver, full coverage with $500 deductibles, and no discounts or violations.

Safety ratings are a factor – Safe vehicles get lower rates. Vehicles built for safety reduce the chance of injuries and reduced instances of injuries means less claims paid and cheaper rates on your policy. If your Honda is rated at a minimum four stars on you may pay a lower rate.

Does insurance coverage cost more for men? – Statistics demonstrate that women are safer drivers than men. However, this does not mean females are better drivers. Both sexes tend to get into fender benders at about the same rate, but the males tend to have higher claims. They also receive more costly citations like DUI and reckless driving. Youthful male drivers are several times more likely to be in an accident so they pay the highest premiums.

The diagram below visualizes the comparison of Honda Pilot insurance premiums for male and female drivers. The costs are based on no accidents or driving violations, full coverage, $100 deductibles, drivers are not married, and no discounts are applied.

Rates can be impacted by your job – Do you have a high-stress occupation? Jobs such as lawyers, airline pilots, and medical professionals tend to have the highest rates in part from intense work requirements and lengthy work days. On the other hand, careers such as actors, historians and the unemployed receive lower rates.

GPS tracking and theft deterrents lowers car insurance rates – Selecting a car model with a theft deterrent system can help lower your premiums. Theft prevention devices like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all help stop your vehicle from being stolen.

Insurance loss statistics a Honda Pilot – Companies include the past claim trends for vehicles to help calculate premium prices. Vehicles that are shown to have a trend towards higher claim severity or frequency will have increased rates.

The data below shows the actual insurance loss data for Honda Pilot vehicles. For each insurance policy coverage type, the claim amount for all vehicles, regardless of make or model, is equal to 100. Numbers below 100 indicate better than average losses, while numbers shown that are more than 100 indicate a higher chance of having a claim or an increased probability of a larger loss.

Car Insurance Loss Data for Honda Pilot Models
Vehicle 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

Data Source: (Insurance Institute for Highway Safety) for 2013-2015 Model Years

El Paso car insurance discounts

Car insurance is not cheap, but there are discounts available that you may not know about. A few discounts will be applied at the time you complete a quote, but occasionally some discounts must be inquired about before being credited.Discount car insurance

A little disclaimer on discounts, most discounts do not apply to the entire policy premium. A few only apply to the cost of specific coverages such as liability and collision coverage. Even though it appears all the discounts add up to a free policy, you aren’t that lucky.

The chart below illustrates the difference between Honda Pilot insurance costs with and without discounts being applied to the rates. Data assumes a female driver, no claims or violations, Texas state minimum liability limits, full physical damage coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, marriage, claim-free, homeowner, safe-driver, and multi-car discounts applied.

To see companies who offer discounts in El Paso, click this link.

Buying from auto insurance agents

A small number of people just prefer to buy from a licensed agent and there is nothing wrong with that. Agents can make sure you are properly covered and help file insurance claims. A good thing about comparing rate quotes online is the fact that you can find cheap car insurance quotes and still have a local agent. And buying from local agencies is important particularly in El Paso.

Upon completion of this quick form, the quote information is emailed to local insurance agents who can give free rate quotes and help you find cheaper coverage. There is no need to visit any agencies since rate quotes are delivered directly to you. In the event you want to compare prices from one company in particular, feel free to jump over to their website and give them your coverage information.

Independent or Exclusive: It’s your choice

If you want to buy car insurance from a reliable insurance agency, you need to know there are two different types of agents that differ in how they can insure your vehicles. El Paso agents can be categorized as either independent agents or exclusive agents depending on their employer. Both can write car insurance policies, but it’s worth mentioning how they differ because it can factor into which agent you choose.

Independent Agents

Independent insurance agents are not restricted to one company so they can insure your vehicles with a variety of different insurance companies and find the cheapest car insurance rates. If they find a lower price, they simply move the coverage in-house which is easy for the insured. When comparing rate quotes, it’s a good idea to include price quotes from a couple of independent agencies so that you can do a thorough price comparison.

Below is a small list of independent agencies in El Paso that may be able to give you price quote information.

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

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

5959 Gateway Blvd W #533El Paso, TX 79925(915) 772-7766View Map

More El Paso agents

Exclusive Agents

Agents of this type can only provide pricing for a single company such as Farmers Insurance and State Farm. These agents are not able to provide other company’s prices so always compare other rates. Exclusive agents are trained well in insurance sales and that enables them to sell even at higher rates.

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

2731 Montana Ave cEl Paso, TX 79903(915) 566-3933View Map

7211 N Mesa St #2wEl Paso, TX 79912(915) 581-3276View Map

4309 Fred Wilson Ave aEl Paso, TX 79904(915) 313-4070View Map

More El Paso agents

Deciding on an auto insurance agent should depend on more than just the price. Here are some questions you might want to ask.

How to find a good Texas auto insurance company

Selecting a highly-rated company can be a challenge considering how many companies there are to choose from in Texas. The company information shown next could help you decide which car insurance providers to look at when comparing rates.

Top 10 El Paso Car Insurance Companies Ranked by Claims Service

  1. Travelers
  2. Nationwide
  3. Allstate
  4. State Farm
  5. Liberty Mutual
  6. GEICO
  7. American Family
  8. Esurance
  9. Titan Insurance
  10. AAA Insurance

Top 10 El Paso Car Insurance Companies by A.M. Best Rank

  1. Travelers – A++
  2. USAA – A++
  3. GEICO – A++
  4. State Farm – A++
  5. Titan Insurance – A+
  6. Esurance – A+
  7. Progressive – A+
  8. The Hartford – A+
  9. Allstate – A+
  10. Nationwide – A+

A little work can save a LOT of money

Discount Honda Pilot insurance in El Paso can be bought from both online companies as well as from independent agents in El Paso, so get free El Paso auto insurance quotes from both of them so you have a total pricing picture. A few companies may not offer rate quotes online and usually these smaller providers only sell through independent agents.

When buying insurance coverage, it’s not a good idea to buy lower coverage limits just to save a few bucks. There have been many situations where drivers have reduced comprehensive coverage or liability limits only to regret that they should have had better coverage. Your aim should be to buy a smart amount of coverage for the lowest price while still protecting your assets.

Steps to buying cheaper Honda Pilot insurance in El Paso

The easiest way to get more affordable auto insurance rates is to start comparing prices regularly from insurance carriers in El Paso. Rate comparisons can be done by following these steps.

Step 1: Read about how your policy works and the changes you can make to lower rates. Many factors that result in higher rates like speeding and a low credit rating can be amended by making lifestyle changes or driving safer.

Step 2: Quote rates from direct, independent, and exclusive agents. Direct and exclusive agents can provide rates from one company like Progressive and State Farm, while agents who are independent can provide prices from multiple insurance companies.

Step 3: Compare the new rate quotes to your existing rates and determine if there is any savings. If you find a lower rate and make a switch, ensure there is no coverage lapse between policies.

A key point to remember is to try to use similar deductibles and liability limits on every quote and and to compare all possible companies. This provides an accurate price comparison and the best price quote selection.

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