The recommended way to get budget Honda Ridgeline insurance in Minneapolis is to start comparing prices regularly from companies who provide car insurance in Minnesota.
First, spend a few minutes and learn about how auto insurance works and the factors you can control to keep rates low. Many factors that result in higher prices such as tickets, at-fault accidents, and a not-so-good credit score can be amended by making small lifestyle or driving habit changes.
Second, request rate estimates from direct, independent, and exclusive agents. Direct and exclusive agents can give quotes from one company like Progressive or Farmers Insurance, while independent agencies can provide prices for a wide range of companies.
Third, compare the price quotes to your existing coverage and see if you can save money. If you find a lower rate and decide to switch, ensure there is no coverage lapse between policies.
Fourth, provide adequate notice to your current company to cancel your existing policy and submit a down payment along with a completed application to your new carrier. Immediately upon receiving it, keep your new proof of insurance certificate with your vehicle’s registration.
One piece of advice is to use the same liability limits and deductibles on each quote and and to get quotes from as many companies as possible. Doing this provides an apples-to-apples comparison and a complete price analysis.
Everyone knows that car insurance companies want to keep you from comparing rates. People who compare rates at least once a year are very likely to buy a new policy because there is a great chance of finding a lower-cost company. A recent survey discovered that drivers who compared rates annually saved as much as $3,500 over four years compared to other drivers who never shopped for cheaper rates.
If finding low prices for insurance in Minneapolis is your objective, then having a grasp of how to choose a company and compare insurance coverage can help make the process easier and more efficient.
Finding quotes for the most affordable policy in Minneapolis can be fairly easy. Basically, everyone who needs lower cost auto insurance most likely will be able to cut their insurance bill. But Minnesota car owners do need to understand the methods companies use to calculate your policy premium.
Ways to get Honda Ridgeline insurance quotes in Minneapolis
It’s important to know that getting more free quotes helps improve the odds of finding the best price.
The providers in the list below have been selected to offer free quotes in Minnesota. In order to find the best cheap auto insurance in Minneapolis, MN, we recommend you visit several of them to get a more complete price comparison.
Honda Ridgeline insurance rates and statistics
The table shown next covers a range of rate quotes for Honda Ridgeline models. Learning how policy rates are formulated can be valuable when making smart choices when choosing a car insurance company.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Ridgeline RT 4WD | $236 | $466 | $466 | $28 | $140 | $1,336 | $111 |
| Ridgeline RTS 4WD | $266 | $466 | $466 | $28 | $140 | $1,366 | $114 |
| Ridgeline RTL 4WD | $266 | $550 | $466 | $28 | $140 | $1,450 | $121 |
| Ridgeline RTL W/Navigation 4WD | $266 | $550 | $466 | $28 | $140 | $1,450 | $121 |
| Get Your Own Custom Quote Go | |||||||
Above prices assume single female driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Minnesota minimum liability limits. Discounts applied include multi-policy, claim-free, multi-vehicle, homeowner, and safe-driver. Information does not factor in vehicle garaging location which can raise or lower coverage prices significantly.
Gender-based insurance premiums
The example below compares Honda Ridgeline insurance rates for male and female drivers. The rate quotes are based on no accidents or driving violations, full physical damage coverage, $100 deductibles, single status, and no discounts are factored in.
Lower Insurance Rates with These Tips
Smart consumers have a good feel for the rating factors that help calculate your insurance rates. If you have some idea of what influences your rates, this enables informed choices that may result in lower insurance prices.
The list below includes some of the factors used by companies to determine your rates.
Policy add-ons may be wasting money – There are quite a few extra bells and whistles that sound like a good idea at the time when buying insurance. Things like roadside assistance, death and dismemberment, and Farm Bureau memberships are examples of these. These may sound like a good investment when you first buy your policy, but if you have no use for them think about removing them and cutting costs.
Cars with good safety ratings cost less to insure – Cars with high safety ratings cost less to insure. Vehicles engineered for safety reduce injuries and fewer injuries translates directly to fewer claims and more competitive rates for policyholders.
Use one insurance company and save – Many insurance companies apply better rates to customers who consolidate policies with them such as combining an auto and homeowners policy. The discount can be anywhere from five to ten percent in most cases. Even if you’re getting this discount consumers should still comparison shop to help ensure you have the lowest rates.
High physical damage deductibles equal low rates – The deductibles represent how much money you are required to pay if a covered claim is submitted. Coverage for physical damage, termed comprehensive and collision coverage on your policy, covers damage that occurs to your car. A few examples of covered claims would be colliding with a stationary object, fire damage, and having a roll-over accident. The more expense the insured has to pay upfront, the less your company will charge you for insurance.
Auto insurance in Minnesota serves several purposes
Despite the potentially high cost of Honda Ridgeline insurance, maintaining insurance is required in Minnesota but also provides important benefits.
- The majority of states have minimum liability requirements which means you are required to buy a specific minimum amount of liability in order to get the vehicle licensed. In Minnesota these limits are 30/60/10 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
- If you took out a loan on your Ridgeline, almost every bank will require that you have insurance to ensure the loan is repaid in case of a total loss. If coverage lapses or is canceled, the bank will be required to insure your Honda for a much higher rate and require you to fork over for the much more expensive policy.
- Insurance protects both your Honda Ridgeline and your personal assets. It will also cover medical expenses incurred in an accident. Liability coverage will also pay to defend you in the event you are sued. If you receive damage to your vehicle caused by a storm or accident, collision and comprehensive (also known as other-than-collision) coverage will cover the damage repairs after a deductible is paid.
The benefits of insuring your Ridgeline more than cancel out the cost, especially with large liability claims. According to a recent study, the average American driver overpays more than $700 annually so you should quote rates once a year at a minimum to be sure current rates are still competitive.