Is full coverage worth it for a new Honda Pilot?
Yes, full coverage is worth it for a new 2024 Honda Pilot. Most drivers pay $1,300 to $2,100 per year, or $110 to $175 per month. Your costs depend on location and driving history. This coverage protects a $40,200 SUV from collision damage, theft, weather, and animal hits. Lenders require it for financed or leased vehicles.
Your Pilot has strong safety features that help keep rates low. Repair costs stay high on new SUVs. One at-fault crash costs $5,000 to $10,000. A big hailstorm or deer crash runs $3,000 to $7,500. A total loss means $25,000 or more gone. Full coverage pays these bills. Liability only covers damage you cause to others. It skips your own vehicle repairs.
Rates change by ZIP code. In Natick, MA 01760, expect the higher end from traffic and claims. Your record, miles driven, deductible, and credit affect the price.
What you get for the price
| Coverage | What it pays for | Typical annual cost for a 2024 Pilot |
|---|---|---|
| Full coverage (liability, collision, comprehensive) | Injuries and damage to others, your Pilot repairs from crashes, theft, weather, fire, vandalism, animals | $1,300 to $2,100 ($110 to $175 per month) |
| Liability only | Injuries and damage to others. No fixes for your Pilot | $600 to $1,100 ($50 to $90 per month) |
When full coverage makes sense
- Your vehicle is new or financed. Lenders demand collision and comprehensive.
- You park on the street or drive in busy spots with high crash or theft risk.
- Your area sees lots of weather claims like hail, wind, or floods.
- You can't pay $5,000 to $15,000 out of pocket for repairs or replacement.
Keep full coverage for the first 5 to 6 years. Drop collision and comprehensive when value drops below $8,000 to $10,000. Do this if you can cover a total loss from savings.
Ways to lower your cost
- Shop 3 or more quotes from big and local insurers.
- Pick a $500 to $1,000 deductible to cut rates. Save that amount in a fund.
- Bundle home and auto insurance. Ask for safety, telematics, and low-mileage discounts.
- Build a clean driving record. Skip small claims that hike rates.
- Add gap insurance if you put little money down. It covers loan gaps after total loss.
- Check your policy yearly and after moves or new drivers.
Sidekick tracks your insurance, fuel, and maintenance costs. See how full coverage fits your total Honda Pilot ownership.