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Fit Insurance Rating??

19 messages,  Last post on May 24, 2008 at 12:48 PM

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What is this discussion about? Honda Fit, Buying Insurance, Hatchback


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#1 of 19
Fit Insurance Rating?? by coolchid
May 26, 2006 (9:46 pm)
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Trying to get quotes for my 19 yr. old son on his "soon to arrive" Fit Sport. Most insurance companies I have contacted do not yet have it rated. How have those of you lucky ones that already have your Fit's managed?
 
I've given them the dealer price (pre-tax & fees), & tell them it has ABS Brakes, AirBags, Immobilizer, Alarm & just received a 5 Star safety rating. Anything else I should be saying to bring the rate down??
 
Oh, one thing they did ask about was Daytime Running Lights - yes/no??
 
Since he's still living at home, we're able to add it to our current policy & take advantage of the "multi-car" discount (40%), but it will still be costing him over $250/month!!
 
Thanks for your help.
#2 of 19
Re: Fit Insurance Rating?? [coolchid] by jethaden
May 27, 2006 (4:11 am)
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Replying to: coolchid (May 26, 2006 9:46 pm)

Daytime Running Lights - No
Your list of items is all I can think of.
 
It must be terrible to be young. For a 45+ year old, my insurance is $430 for 6 months at 100/300/100K, 100K Uninsured, 100K Medical, $250 deductible, and members generally get a 5-10% rebate each year (non-profit companies are nice). Also have multi-car discount, probably mostly effecting my old Jeep. This is central Florida (not SE FL). I have been with my insurance company for 20+ years (since my military days).
 
I went through a similar check list. The web page knew what a FIT was, but rejected my VIN as "bad" because they did not have that much information on the car. Hopefully price will go down rather than up once more insurance institute type tests and repair costs are known.
#3 of 19
Re: Fit Insurance Rating?? [coolchid] by nordo
May 27, 2006 (7:14 am)
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Replying to: coolchid (May 26, 2006 9:46 pm)

I called State Farm before ordering my Fit and was able to get a Quote over the phone.
I was amazed it was $60 cheaper for 6 months them my 2001 Civic EX 2DR.
#4 of 19
Re: Fit Insurance Rating?? [nordo] by dewaltdakota
May 28, 2006 (6:19 pm)
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Replying to: nordo (May 27, 2006 7:14 am)

I'm insured through State Farm, and my Fit Sport's policy is running $299.52 every six months in Virginia. This includes the multi-car, multi-policy (homeowner's), and safe driver discounts.
 
Bodily Injury & Property Damage (Each Person/Each Occurrence): $100,000/$300,000
Property Damage Liability (Each Occurrence): $25,000
Deductible Comprehensive: $250
Deductible Collision: $500
Uninsured Motorists Coverage (Each Person/Each Accident): $100,000/$300,000
Limit of Liability-U-Property Damage (Each Accident): $25,000
Level of Use: Personal (to/from work), more than 7,500 miles per year.
 
Please note my policy was written, before the official crash ratings were determined and released. The Base version of the Fit is a couple dollars less than the Sport to insure.
#5 of 19
Re: Fit Insurance Rating?? [dewaltdakota] by els2023
May 29, 2006 (1:07 pm)
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Replying to: dewaltdakota (May 28, 2006 6:19 pm)

How much should insurance be for a Fit sport for a person above 25 year old with no other cars?
#6 of 19
Re: Fit Insurance Rating?? [els2023] by dewaltdakota
May 30, 2006 (3:50 am)
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Replying to: els2023 (May 29, 2006 1:07 pm)

I would go to State Farm's website, and enter in all of your pertinent information for a rate quote, as there are many factors that would affect the total, including your specific age, driving record, state you live in, deductibles, limits, etc. You could then go back through the quote, and change some of your selections, to see how it impacts the bottom line.
#7 of 19
Yikes! by dotseurat
Jun 05, 2006 (2:42 pm)
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I've had about two quotes so far. I'm a 31 year old female, I've never had auto insurance before (lived in the city throughout my 20's although I did have a license and drove). What would you expect I should pay a month? My two quotes are putting me in at over $200 a month! Since I've never had insurance, I don't know what to expect. Can you make sense of this for me?
 
Company A - with a $1,000 deductible, my 6 month premium (which they expect me to pay upfront right away!) is $1637.
With a $750 deductible, the 6 month premium $1760.
 
Company B - They're asking for a $651 deposit, then 4 monthly installments of $109. HUH? Then she tells me it's $1085 for a six month premium. I might go with this company simply because once I start my job in September (teaching) I can qualify for their group discount.
 
What is causing these prices to be so high? Is it because I've never had insurance before? My driving record is excellent (except one stupid no turn on red violation). Any advice is appreciated- thanks!
#8 of 19
Re: Yikes! [dotseurat] by dewaltdakota
Jun 05, 2006 (7:45 pm)
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Replying to: dotseurat (Jun 05, 2006 2:42 pm)

Where you live/garage the vehicle, and the fact you've never had insurance before will impact your quoted rates. These days, even your credit score can affect your insurance rates. The moving violation could raise your rates, depending upon how long ago it occurred.
#9 of 19
Re: Yikes! [dotseurat] by moparbad
Jun 06, 2006 (4:21 am)
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Replying to: dotseurat (Jun 05, 2006 2:42 pm)

Where do you live? New Jersey?!
#10 of 19
Re: Yikes! [dewaltdakota] by wai
Jun 06, 2006 (5:03 am)
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Replying to: dewaltdakota (Jun 05, 2006 7:45 pm)

If your "no turn on red violation" is not happened in the same state where you live, the moving violation usually will not transfer to your own state's DMV. so you don't need to state this in your insurance application form and will not be penalized by this moving violation, if its a speeding violation, the violation will be shown in your DMV record even its out of state.

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