Cheapest Insurance for a Honda Element in Oakland

Insurance quote for Honda Element in OaklandHow long has it been since you shopped around for the cheapest Honda Element insurance in Oakland? If you’re searching for lower-cost insurance on the web, do you get confused by the number of car insurance choices available to you? California drivers have so many choices available that it can be hard work to locate the lowest premium rates for Honda Element insurance in Oakland. If you live there, you know that Oakland is a great place to live, but getting gouged by high car insurance rates can make it nearly impossible to afford.

A recent car insurance study discovered that the vast majority of car insurance customers have remained with the same car insurance company for a minimum of four years, and nearly 40% of drivers have never quoted rates to find affordable coverage. Consumers in Oakland can save hundreds of dollars each year just by shopping around, but they don’t invest the time required to compare other rate quotes.

If you are insured now, you will be able to get lower rates using these tips. Quoting and comparing rates for the best coverage in Oakland is not as time-consuming as you think. But California drivers can benefit by having an understanding of how the larger insurance companies price insurance differently and take advantage of how the system works.

To get affordable Oakland car insurance quotes, there a variety of ways to get quotes from different companies. The simplest method to find the cheapest Honda Element insurance rates is to get quotes online. It’s important to know that getting more free quotes helps increase your odds of locating lower pricing. Some companies don’t provide online rate quotes, so you also need to get price quotes from the smaller companies as well.

The providers in the list below are ready to provide quotes in California. If multiple companies are listed, we recommend you get prices from several of them to get the most affordable price.

Rates and data analysis

The data table shown next highlights a range of coverage costs for Honda Element models. Having insight into how premiums are figured helps drivers make smart buying decisions.

Honda Element Insurance Rates in Oakland, CA
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Element LX 2WD $294 $592 $500 $30 $150 $1,566 $131
Element LX 4WD $294 $592 $500 $30 $150 $1,566 $131
Element EX 2WD $294 $592 $500 $30 $150 $1,566 $131
Element EX 4WD $294 $592 $500 $30 $150 $1,566 $131
Element SC 2WD $294 $592 $500 $30 $150 $1,566 $131
Get Your Own Custom Quote Go

Data rating is based on single male driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and California minimum liability limits. Discounts applied include multi-vehicle, safe-driver, multi-policy, claim-free, and homeowner. Table data does not factor in zip code location which can raise or lower insurance rates noticeably.

The diagram below illustrates how choosing a deductible and can raise or lower Honda Element insurance costs for each different age category. The premiums are based on a single male driver, full coverage, and no discounts are taken into consideration.

Driving violations and accidents

The illustration below shows how traffic citations and at-fault accidents raise Honda Element insurance prices for different age groups of insureds. The data is based on a married male driver, comp and collision included, $1,000 deductibles, and no other discounts are factored in.

Honda Element insurance premiums by gender in Oakland

The chart below illustrates the comparison of Honda Element premium costs for male and female drivers. The data is based on no claims or driving violations, comprehensive and collision coverage, $250 deductibles, drivers are not married, and no discounts are applied to the premium.

How to Lower Your Insurance Prices

Many different elements are part of the equation when premium rates are determined. Some factors are common sense such as traffic violations, but others are more obscure such as your marital status or your commute time.

Shown below are most of the major factors that factor into prices.

With age comes responsibility – Older, more experienced drivers are more responsible, tend to file fewer claims, and get fewer tickets. Teen drivers have a tendency to get distracted easily when driving so they pay higher insurance rates.

The next chart uses these assumptions: single driver, full coverage with $1000 deductibles, and no discounts or violations.

Location can modify price – Having an address in small towns and rural areas has definite advantages when it comes to insurance. Lower population translates into fewer accident claims in addition to fewer liability claims. People who live in big cities tend to have more road rage incidents and more time behind the wheel. More time on the road statistically corresponds to a higher accident and claim rate.

Don’t let your insurance policy lapse – Not having insurance is a misdemeanor and you may have a hard time finding new coverage because you let your insurance lapse for non-payment. In addition to paying higher rates, not being able to provide proof of insurance may result in a steep fine or even jail time. You may then have to provide proof of insurance in the form of an SR-22 filing with the California DMV.

Low physical damage deductibles cost more – Coverage for physical damage, also known as collision and other-than-collision, is used to repair damage to your vehicle. Examples of some claims that would be covered would be a broken side mirror, hitting a deer, and damage caused by flying debris. The deductibles are the amount of money you are required to spend out-of-pocket if a claim is determined to be covered. The more of the claim you pay before a claim is paid (deductible), the better rate you will receive.

Buy as much liability protection as you can afford – Liability coverage provides coverage when you are found to be at fault for damages from an accident. It will provide legal defense coverage starting from day one. Liability insurance is quite affordable as compared to coverage for physical damage, so do not cut corners here.

File insurance claims and pay more – If you file a lot of claims don’t be surprised to see either higher rates or even cancellation. Insurance companies in California generally give discounts to drivers who are claim-free. Auto insurance is designed for major claims that would cause financial hardship.

Use credit responsibly and save – Having a good credit rating is a big factor in your rate calculation. If your credit score can use some improvement, you may save money insuring your Honda Element if you improve your credit rating. Drivers who have high credit ratings tend to be better drivers and file fewer claims as compared to drivers with worse credit.

Car features that cut premiums – Driving a car that has an advanced theft prevention system can get you a discount on your insurance. Theft prevention devices such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all help prevent auto theft and help lower rates.

Protect more than your Honda vehicle

Despite the potentially high cost of Honda Element insurance, paying for auto insurance may be mandatory for several reasons.

The benefits of carrying adequate insurance more than offset the price you pay, especially for larger claims. According to a recent study, the average American driver overpays as much as $825 a year so it’s important to compare rates at every renewal to make sure the price is not too high.