Insurance Analysis of the 2012 Honda Fit

Don’t let this tiny, 2012 Honda Fit fool you; it’s more impressive than it looks.

2012 Honda Fit

The 2012 Honda Fit is the perfect compact car for anyone looking for an inexpensive, but still good, car. With its high safety ratings, awards and low price, the 2012 Honda Fit brings everything a good car should be and wraps it up in a little package. Not to mention the pleasant insurance rates it will end up costing you.

Outside Opinions of the 2012 Honda Fit

Honda could go on until they were blue in the face about how spectacular their 2012 Fit is, but no one would really pay attention because we chalk it up to bias. However, when other people and organizations, not affiliated with Honda, start to sing their praises of the vehicle it’s time to take note. The 2012 Honda Fit has been positively acknowledged with the following:

• The AutoPacific’s Ideal Vehicle Award
• Top Safety Pick by the IIHS
• The 2012 Residual Value Award for “Best Sub Compact Car” by ALG
• The Best Resale Value for a Subcompact Car award from Kelley Blue Book
• Placed on the 10Best list with Car and Driver magazine

Lastly, the 2012 Honda Fit received high reviews from cars.com, MotorWeek and USA Today.

2012 Honda Fit Safety

As noted above, the 2012 Fit rated as a Top Safety Pick by the Insurance Institute for Highway Safety. This means that the 2012 Honda Fit passed the front crash, side crash and rollover testing with high marks. Compared to the earlier models, this is an good improvement. In previous years the Honda Fit only passed the rollover test with average marks.

Insurance Review of the 2012 Honda Fit

Low, low, low is the insurance premium you are going to be looking at with the 2012 Fit. It’s not low enough the make the top 20 least expensive list, but it would have come extremely close.

First, even though the vehicle is small, it is also a Top Safety Pick; meaning that it is one of the safer small cars to be driving around. The safer the vehicle, the lower the premium is for the driver and passenger medical payment coverage.

Second, the vehicle is small and will not be able to cause a lot of damage to other vehicles or property. This translates into a smaller liability premium.

Finally, the 2012 Honda Fit starts at less than $17,000 and costs no more than $20,000 for the high-end model. A cheaper car has cheaper replacement parts and won’t cost an insurance company near as much to fix or replace after an accident.

Also, even though the Honda Fit has not been in the United States for very long, it was first introduced in 2001 in Japan. This means that there are plenty of aftermarket parts for the insurance companies to use in repairs. With the cheaper cost to repair and replace, the lower the comprehensive and collision premiums will be for your 2012 Honda Fit.