Save on Honda Odyssey Insurance in Riverside

Do you need a fast way to compare the cheapest Honda Odyssey insurance in Riverside? No sane person likes paying for auto insurance, especially when they are aware that their premiums are too high.

Discount Honda Odyssey insuranceIt’s an obvious assumption that car insurance companies don’t want policyholders to shop around. Insureds who shop around will probably buy a different policy because there is a good chance of finding better rates. A recent auto insurance study discovered that drivers who regularly shopped around saved on average $865 annually compared to policyholders who never shopped for cheaper rates.

If finding the cheapest rates on Honda Odyssey insurance is your ultimate goal, then having some insight into the best way to quote and compare insurance premiums can help make the process easier.

Since you have so many choices for buying cheaper insurance for a Honda Odyssey in Riverside, it’s nearly impossible to locate the cheapest insurance company.

Honda Odyssey coverage statistics

The table below outlines a range of prices for Honda Odyssey models. Having insight into how policy rates are established can help you make decisions on the best policy to buy.


Honda Odyssey Insurance Rates in Riverside, CA
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Odyssey LX $340 $472 $578 $34 $174 $1,598 $133
Odyssey EX $340 $576 $578 $34 $174 $1,702 $142
Odyssey EX W/Rear Entertainment $340 $576 $578 $34 $174 $1,702 $142
Odyssey EX-L $390 $678 $578 $34 $174 $1,854 $155
Odyssey EX-L W/Rear Entertainment $390 $678 $578 $34 $174 $1,854 $155
Odyssey EX-L W/Navigation $390 $678 $578 $34 $174 $1,854 $155
Odyssey Touring $440 $678 $578 $34 $174 $1,904 $159
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Data based on single male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and California minimum liability limits. Discounts applied include homeowner, multi-policy, claim-free, multi-vehicle, and safe-driver. Table data does not factor in the specific area where the vehicle is garaged which can lower or raise premium rates significantly.

Physical damage deductible comparison

One of the hardest decisions when shopping for insurance is how high or low should comp and collision deductibles be. The figures shown below may help to conceptualize the rate differences between high and low coverage deductibles. The first table uses a $250 deductible and the second rate table uses a $1,000 deductible.


Honda Odyssey insurance with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Odyssey LX $298 $472 $442 $26 $132 $1,395 $116
Odyssey EX $298 $576 $442 $26 $132 $1,499 $125
Odyssey EX W/Rear Entertainment $298 $576 $442 $26 $132 $1,499 $125
Odyssey EX-L $342 $678 $442 $26 $132 $1,645 $137
Odyssey EX-L W/Rear Entertainment $342 $678 $442 $26 $132 $1,645 $137
Odyssey EX-L W/Navigation $342 $678 $442 $26 $132 $1,645 $137
Odyssey Touring $386 $678 $442 $26 $132 $1,689 $141
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Honda Odyssey insurance with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Odyssey LX $184 $298 $442 $26 $132 $1,082 $90
Odyssey EX $184 $362 $442 $26 $132 $1,146 $96
Odyssey EX W/Rear Entertainment $184 $362 $442 $26 $132 $1,146 $96
Odyssey EX-L $210 $426 $442 $26 $132 $1,236 $103
Odyssey EX-L W/Rear Entertainment $210 $426 $442 $26 $132 $1,236 $103
Odyssey EX-L W/Navigation $210 $426 $442 $26 $132 $1,236 $103
Odyssey Touring $238 $426 $442 $26 $132 $1,264 $105
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Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include multi-policy, claim-free, homeowner, multi-vehicle, and safe-driver. Price information does not factor in garaging location in Riverside which can revise coverage prices substantially.

Based on these figures, using a $250 deductible costs an average of $32 more each month or $384 for a full year than quoting the higher $1,000 deductible. Since you would pay $750 more to file a claim with a $1,000 deductible as compared to a $250 deductible, if you usually have at least 23 months between claim filings, you would save more money by selecting a higher deductible.

The example below shows how choosing a deductible and can influence Honda Odyssey annual premium costs for different age groups. The premiums are based on a single female driver, full coverage, and no discounts are taken into consideration.

Should you buy full coverage?

The diagram below shows the comparison of Honda Odyssey annual premium costs with liability coverage only compared to full coverage. The prices are based on a clean driving record, no claims, $1,000 deductibles, single marital status, and no additional discounts are factored in.

When to drop full coverage

There is no specific rule to delete full coverage on your policy, but there is a general guideline. If the annual cost of having full coverage is more than about 10% of the vehicle’s replacement cost less your deductible, then you might want to think about dropping full coverage.

For example, let’s say your Honda Odyssey claim settlement value is $9,000 and you have $1,000 deductibles. If your vehicle is totaled in an accident, the most you would get paid by your company is $8,000 after the deductible is paid. If you are paying more than $800 a year for full coverage, then it could be time to drop full coverage.

There are some situations where dropping full coverage is not a good plan. If you still have a lienholder on your title, you have to carry full coverage in order to satisfy the requirements of the loan. Also, if your emergency fund is not enough to purchase a different vehicle in the even your car is totaled, you should not eliminate full coverage.

Reduce Insurance Rates with These Tips

Lots of things are taken into consideration when pricing auto insurance. Some factors are common sense like an MVR report, but other factors are not quite as obvious like your vehicle usage or your vehicle rating. When buying car insurance it’s important to understand the different types of things that play a part in calculating your policy premiums. When you understand what determines base rates, this allows you to make good choices that could result in lower car insurance prices.

In conclusion

You just read quite a bit of information on how to shop for Honda Odyssey insurance online. The key thing to remember is the more companies you get prices for, the better your comparison will be. Consumers may even find the lowest priced auto insurance comes from the least-expected company. Smaller companies can often insure niche markets at a lower cost compared to the large companies like State Farm or Progressive.

When you buy Riverside auto insurance online, it’s a bad idea to buy lower coverage limits just to save a few bucks. There are many occasions where someone dropped uninsured motorist or liability limits and learned later that their decision to reduce coverage ended up costing them more. The proper strategy is to buy the best coverage you can find for the lowest cost, but don’t skip important coverages to save money.

Steps to finding lower priced Honda Odyssey insurance in Riverside

The easiest way to find affordable Honda Odyssey insurance is to start comparing prices yearly from different companies in Riverside.

An essential thing to point out is to try to use the same liability limits and deductibles on every quote and and to get price quotes from every insurance company. Doing this guarantees a fair price comparison and the best rate selection.

More detailed auto insurance information can be found by following these links: