Comparing and finding low cost rates for Honda Element insurance in Chandler is always quite difficult for drivers not familiar with shopping for insurance online. With so many online companies available, it can be a big hassle to find better prices on Honda Element insurance.
It’s a fact that car insurance companies don’t want you comparing rates. Drivers who shop around for cheaper rates are highly likely to switch companies because they stand a good chance of finding discount prices. Surprisingly, a recent survey revealed that consumers who shopped around annually saved on average $865 annually as compared to drivers who never shopped around for better prices.
If finding the best rates on insurance in Chandler is your ultimate target, then having some knowledge of how to shop and compare insurance premiums can save money and time.
You should make it a habit to compare premium rates yearly because prices go up and down regularly. Just because you had the lowest quotes on Honda Element insurance in Chandler last year you will most likely find a better rate today. Forget all the misinformation about car insurance because you’re about to learn the right way to find the best coverage while lowering your premiums.
Companies offering Honda Element insurance in Arizona
The following companies are our best choices to provide price quotes in Chandler, AZ. To find the cheapest auto insurance in Chandler, it’s highly recommended you click on several of them to get the most affordable price.
Rates and data analysis
The rate information shown next showcases estimates of policy rates for Honda Element models. Being able to understand how insurance quotes are calculated can help you make smart choices when selecting a policy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Element LX 2WD | $210 | $360 | $308 | $18 | $92 | $988 | $82 |
| Element LX 4WD | $210 | $360 | $308 | $18 | $92 | $988 | $82 |
| Element EX 2WD | $210 | $360 | $308 | $18 | $92 | $988 | $82 |
| Element EX 4WD | $210 | $360 | $308 | $18 | $92 | $988 | $82 |
| Element SC 2WD | $210 | $360 | $308 | $18 | $92 | $988 | $82 |
| Get Your Own Custom Quote Go | |||||||
Price data assumes married male driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Arizona minimum liability limits. Discounts applied include homeowner, multi-policy, multi-vehicle, claim-free, and safe-driver. Information does not factor in specific location which can influence premiums substantially.
Should you raise deductibles?
When shopping for auto insurance, a common question is where should you set your physical damage deductibles. The data tables below can help you visualize the differences in price of buying low and high comp and collision deductibles. The first data table uses a $250 deductible for comprehensive and collision coverage and the second rate chart uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Element LX 2WD | $232 | $390 | $300 | $18 | $90 | $1,055 | $88 |
| Element LX 4WD | $232 | $390 | $300 | $18 | $90 | $1,055 | $88 |
| Element EX 2WD | $232 | $390 | $300 | $18 | $90 | $1,055 | $88 |
| Element EX 4WD | $232 | $390 | $300 | $18 | $90 | $1,055 | $88 |
| Element SC 2WD | $232 | $390 | $300 | $18 | $90 | $1,055 | $88 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Element LX 2WD | $188 | $314 | $300 | $18 | $90 | $910 | $76 |
| Element LX 4WD | $188 | $314 | $300 | $18 | $90 | $910 | $76 |
| Element EX 2WD | $188 | $314 | $300 | $18 | $90 | $910 | $76 |
| Element EX 4WD | $188 | $314 | $300 | $18 | $90 | $910 | $76 |
| Element SC 2WD | $188 | $314 | $300 | $18 | $90 | $910 | $76 |
| Get Your Own Custom Quote Go | |||||||
Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Arizona minimum liability limits. Discounts applied include claim-free, homeowner, multi-policy, safe-driver, and multi-vehicle. Premium amounts do not factor in garaging location in Chandler which can lower or raise premiums greatly.
Based on the figures above, using a $250 deductible costs approximately $12 more each month or $144 each year averaged for all Element models than selecting the higher $500 deductible. Due to the fact that you would have 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 21 months between claims, you would probably save some money by selecting a higher deductible.
Calculation for determining deductible levels
| Average monthly premium for $250 deductibles: | $88 |
| Average monthly premium for $500 deductibles (subtract): | – $76 |
| Monthly savings from raising deductible: | $12 |
| Difference between deductibles ($500 – $250): | $250 |
| Divide difference by monthly savings: | $250 / $12 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 21 months |
One important issue to know is that raising deductibles to save money means you will have to pay more out-of-pocket when you have a claim. It will be required that you have a higher level of savings in the event you have to pay the higher deductible in order to repair your vehicle.
Reckless driving habits raise Chandler auto insurance rates
The diagram below highlights how speeding tickets and accident claims drive up Honda Element yearly insurance costs for each different age group. The premiums assume a married female driver, full coverage, $100 deductibles, and no discounts are applied to the premium.
Get cheaper Honda Element insurance in Chandler with discounts
Car insurance is neither fun to buy or cheap, but you may find discounts that many people don’t even know exist. Most are applied when you complete an application, but lesser-known reductions have to be manually applied prior to receiving the credit. If they aren’t giving you every credit you qualify for, you are just wasting money.
- Military Rewards – Being on active duty in the military can result in better car insurance rates.
- Accident Waiver – This one is not really a discount per se, but companies like Liberty Mutual and GEICO will turn a blind eye to one accident before they charge you more for coverage so long as you are claim-free for a specific time period.
- Telematics Discount – People who choose to allow their company to monitor when and where they use their vehicle by using a telematics device such as Snapshot from Progressive or Drivewise from Allstate might get better premium rates if they show good driving skills.
- Payment Discounts – By paying your entire bill at once instead of monthly or quarterly installments you can avoid monthly service charges.
- Multi-Vehicle Discounts – Drivers who insure multiple cars or trucks on one policy could earn a price break for each car.
- Discount for Passive Restraints – Factory air bags may get savings as much as 30%.
- Good Students Pay Less – Getting good grades can be rewarded with saving of up to 25%. This discount can apply up until you turn 25.
- Theft Prevention System – Anti-theft and alarm system equipped vehicles prevent vehicle theft and will qualify for a discount on a Chandler auto insurance quote.
- Cautious Driver Discounts – Drivers without accidents can get discounts for up to 45% lower rates as compared to drivers with claims.
As a footnote on discounts, most credits do not apply to all coverage premiums. Some only apply to the price of certain insurance coverages like liability and collision coverage. Even though it may seem like it’s possible to get free car insurance, that’s just not realistic.
The example below illustrates the difference between Honda Element insurance premiums with and without discounts applied to the policy rates. The price estimates are based on a female driver, a clean driving record, no claims, Arizona 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 marriage, claim-free, multi-policy, multi-car, safe-driver, and homeowner discounts applied.
Popular car insurance companies and a partial list of their discounts are detailed below.
- Farm Bureau offers discounts including renewal discount, driver training, safe driver, 55 and retired, youthful driver, and multi-policy.
- MetLife discounts include good driver, accident-free, good student, claim-free, multi-policy, defensive driver
- Progressive may have discounts that include homeowner, online quote discount, continuous coverage, good student, multi-policy, online signing, and multi-vehicle.
- AAA policyholders can earn discounts including AAA membership discount, multi-policy, education and occupation, pay-in-full, anti-theft, and good driver.
- American Family offers premium reductions for bundled insurance, good driver, TimeAway discount, air bags, early bird, and mySafetyValet.
- GEICO may include discounts for membership and employees, anti-theft, good student, federal employee, military active duty, and multi-policy.
- State Farm includes discounts for passive restraint, driver’s education, good student, safe vehicle, Steer Clear safe driver discount, and Drive Safe & Save.
When comparing rates, check with all the companies how many discounts you can get. Savings may not be offered everywhere. To view insurers that have a full spectrum of discounts in Chandler, follow this link.
Why Your Insurance Premiums might be higher
Lots of factors are part of the calculation when quoting car insurance. A few of the factors are predictable like your driving record, but others are less apparent such as your credit history or your financial responsibility.
- Better prices for continuous coverage – Not having insurance is a misdemeanor and companies may charge more for letting your insurance lapse for non-payment. Not only will you pay more, the inability to provide proof of insurance can result in a fine, jail time, or a revoked license. You may then be required to submit proof of financial responsibility or a SR-22 with the Arizona department of motor vehicles.
- Inexpensive frequent insurance claims are not good – Auto insurance companies in Arizona give lower rates to drivers who do not rely on their insurance for small claims. If you file claims often, you can expect either a policy non-renewal or much higher rates. Auto insurance is designed for claims that pose a financial burden.
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Male costs may be higher – Over the last 30 years, statistics show women are more cautious behind the wheel. That doesn’t necessarily mean that men are WORSE drivers than women. They both cause at-fault accidents at a similar rate, but guys have costlier accidents. In addition to higher claims, males also receive more costly citations like driving under the influence (DUI).
The information below compares Honda Element car insurance rates for male and female drivers. The prices are based on no tickets, no at-fault accidents, comprehensive and collision coverage, $1,000 deductibles, marital status is single, and no additional discounts are factored in.
- Rates can drop if you have more than one policy – The majority of insurers will award lower prices to people that purchase more than one policy such as combining an auto and homeowners policy. Even if you’re getting this discount drivers will still want to get quotes from other companies to verify if the discount is saving money.There is a good possibility that you can find lower rates by buying insurance from a different company.
Insurance agents can help
Keep in mind that when it comes to choosing coverage online or from an agent, there is no one size fits all plan. Every situation is different so your insurance should reflect that
These are some specific questions might point out if your situation would benefit from professional advice.
- Does my policy pay for OEM or aftermarket parts?
- What is high-risk coverage and where do I buy it?
- Does my insurance cover a custom paint job?
- Is a blown tire covered by insurance?
- What is the premium to book value ratio for dropping full coverage?
- Is my nanny covered when driving my vehicle?
- Is my Honda Element covered for smoke damage?
- Do I need more liability coverage?
- Is coverage enough to protect my assets?
- Are rental cars covered under my policy?
If you don’t know the answers to these questions but a few of them apply, you might consider talking to a licensed agent. To find an agent in your area, fill out this quick form or you can also visit this page to select a carrier
Local neighborhood Chandler car insurance agents
Some consumers still like to sit down with an agent and that is a smart decision The biggest benefit of price shopping on the web is the fact that drivers can get cheaper car insurance rates and also buy local.
Upon completion of this form (opens in new window), your coverage information is instantly submitted to insurance agents in Chandler that provide free Chandler auto insurance quotes for your business. It simplifies rate comparisons since you won’t have to leave your house due to the fact that quote results will go to you. You can most likely find cheaper rates without the usual hassles of price shopping. If you wish to compare rates from a specific insurance provider, you can always search and find their rate quote page to submit a rate quote request.
Choosing a insurance company needs to be determined by more than just the premium amount. Here are some questions you might want to ask.
- Are there any discounts for paying up front?
- What insurance companies do they work with in Chandler?
- Will the company cover a rental car if your car is getting fixed?
- What company do they have the most business with?
- Does the agent help file claims?
- Do they have any clout with companies to ensure a fair claim settlement?
- Do they carry Errors and Omissions coverage?
If you are searching for a local Chandler insurance agency, there are a couple of types of agencies and how they work. Agencies in Chandler can either be independent (non-exclusive) or exclusive.
Exclusive Insurance Agents
Exclusive agencies can only place business with one company and some examples include Allstate, AAA, Farmers Insurance, and State Farm. They are unable to shop your coverage around so they are skilled at selling on more than just price. Exclusive agencies are usually well trained on what they offer which helps overcome the inability to quote other rates. Drivers often buy from exclusive agents mainly due to loyalty to the company rather than low rates.
Listed below are exclusive insurance agents in Chandler that are able to give comparison quotes.
- Farmers Insurance – Larry Little
2420 W Ray Rd #2 – Chandler, AZ 85224 – (480) 966-9449 – View Map - Paula Koroso – State Farm Insurance Agent
569 N Arizona Ave – Chandler, AZ 85225 – (480) 792-1400 – View Map - Farmers Insurance: Mike Canez
381 N Arizona Ave – Chandler, AZ 85225 – (480) 786-5302 – View Map
Independent Agents
Independent agents do not sell for just one brand so they can quote policies with an assortment of companies and get the cheapest rates. If you want to switch companies, they simply move your policy to a different company and the insured can keep the same agent.
If you need lower rates, we recommend you include rate quotes from several independent insurance agents to have the most options to choose from. They often place coverage with smaller mutual companies that may have much lower rates than larger companies.
Shown below is a list of independent agents in Chandler that are able to give comparison quotes.
- Legacy Insurance and Investment Group LLC
633 E Ray Rd #106 – Chandler, AZ 85225 – (480) 968-3655 – View Map - Parrish Insurance
1256 W Chandler Blvd # G – Chandler, AZ 85224 – (480) 821-1005 – View Map - Taylor Insurance Agency
920 W Chandler Blvd #1 – Chandler, AZ 85225 – (480) 264-6226 – View Map
After receiving satisfactory answers to your questions as well as the cheapest Honda Element insurance in Chandler quotes, you may have just found an insurance agent that can be relied on to insure your vehicles.
Don’t give up on cheap rates
The cheapest Honda Element insurance in Chandler is possible online and from local agencies, and you should be comparing both to have the best selection. Some companies may not provide online quoting and usually these regional insurance providers sell through local independent agencies.
As you prepare to switch companies, it’s a bad idea to reduce coverage to reduce premium. In many instances, an insured cut uninsured motorist or liability limits to discover at claim time that the few dollars in savings costed them thousands. Your goal should be to buy the best coverage you can find at an affordable rate, but don’t skip important coverages to save money.
Steps to finding lower priced Honda Element insurance in Chandler
The best way to get the cheapest Honda Element insurance in Chandler is to regularly compare quotes from insurance carriers in Arizona. Drivers can shop around by completing these steps.
- Step 1: Get an understanding of coverages and the things you can change to prevent expensive coverage. Many policy risk factors that drive up the price such as at-fault accidents, speeding tickets, and a negative credit score can be rectified by making minor driving habit or lifestyle changes.
- Step 2: Get rate quotes from independent agents, exclusive agents, and direct companies. Direct and exclusive agents can only provide price estimates from a single company like Progressive or Farmers Insurance, while independent agencies can provide price quotes from multiple sources.
- Step 3: Compare the new rate quotes to your current policy premium to determine if you can save on Element insurance in Chandler. If you find better rates, make sure the effective date of the new policy is the same as the expiration date of the old one.
- Step 4: Provide notification to your current agent or company to cancel your current policy and submit payment and a signed application for your new policy. Make sure you keep the new certificate verifying coverage in your vehicle.
The critical component of shopping around is to make sure you’re comparing similar limits and deductibles on each price quote and to quote with as many companies as you can. Doing this guarantees a fair price comparison and the best rate selection.
More information is located at the links below
- Safety Features for Your New Car (State Farm)
- Who Has Cheap Auto Insurance Rates for a School Permit in Chandler? (FAQ)
- What Insurance is Cheapest for a Ford Edge in Chandler? (FAQ)
- How Much are Chandler Car Insurance Rates for Postal Workers? (FAQ)
- State Laws for Cellphones and Texting (iihs.org)
- Winter Driving (Insurance Information Institute)
- Car Insurance FAQ (Trusted Choice)