Having to pay for overpriced Honda Accord insurance can drain your bank account and put the squeeze on your family’s finances. Comparison shopping is a great way to reduce premiums and put more money in your pocket.
Because there are so many choices, it is very difficult to choose the best insurer.
Consumers should take time to take a look at other company’s rates on a regular basis since rates go up and down regularly. If you had the best rates for Accord insurance on your last policy there is a good chance you can find better rates now. Forget anything you know (or think you know) about car insurance because we’re going to demonstrate the tricks you need to know to find better coverage at a better price.
Finding the best rates is not rocket science. Just about every vehicle owner who shops for insurance coverage stands a good chance to be able to save money. Although consumers need to have an understanding of how big insurance companies market on the web.
Most companies provide insurance quotes online. The process is pretty easy as you just type in the coverage amounts you desire as detailed in the form. Once you submit the form, their system automatically retrieves your driving record and credit report and returns a price quote. This makes comparing rates easy, but the process of having to visit many different websites and enter the same data into a form is not the best way to spend an afternoon. But it’s absolutely necessary to have as many quotes as possible in order to get lower prices.
There is a better way!
The quickest way to compare auto insurance pricing is to use a quote form to get prices from a lot of companies. It saves time, eliminates repetitive work, and makes price shopping online much easier. As soon as the form is sent, it is quoted with multiple companies and you can pick any of the price quotes you receive. If you find a better price you simply finish the application and purchase coverage. This process takes 15 minutes at the most and can result in significant savings.
If you want to compare rates using this form now, simply click here to open in new window and enter your vehicle and coverage information. If you have coverage now, it’s recommended you duplicate coverages and limits just like they are on your policy. This ensures you will get a price comparison using the exact same coverages.
When it comes to buying coverage, there isn’t really a perfect coverage plan. Everyone’s situation is a little different so this has to be addressed. Here are some questions about coverages that might help in determining whether your personal situation could use an agent’s help.
If you’re not sure about those questions but you know they apply to you, you might consider talking to a licensed insurance agent. If you want to speak to an agent in your area, fill out this quick form or you can go here for a list of companies in your area.
Learning about specific coverages of your car insurance policy helps when choosing the best coverages at the best deductibles and correct limits. Car insurance terms can be ambiguous and nobody wants to actually read their policy. Listed below are the usual coverages available from car insurance companies.
Collision coverage protection
Collision insurance pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. You will need to pay your deductible then your collision coverage will kick in.
Collision insurance covers claims like crashing into a building, hitting a mailbox and damaging your car on a curb. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are 8 years or older. You can also bump up the deductible to get cheaper collision coverage.
This will cover damage or injury you incur to other people or property by causing an accident. This coverage protects you against other people’s claims. It does not cover damage to your own property or vehicle.
Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. As an example, you may have liability limits of 50/100/50 which stand for $50,000 bodily injury coverage, a total of $100,000 of bodily injury coverage per accident, and a total limit of $50,000 for damage to vehicles and property.
Liability coverage pays for claims like repair costs for stationary objects, attorney fees, medical services, repair bills for other people’s vehicles and structural damage. How much liability should you purchase? That is a decision to put some thought into, but it’s cheap coverage so purchase as much as you can afford.
UM/UIM (Uninsured/Underinsured Motorist) coverage
Uninsured or Underinsured Motorist coverage protects you and your vehicle when the “other guys” do not carry enough liability coverage. Covered claims include medical payments for you and your occupants as well as damage to your Honda Accord.
Due to the fact that many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. So UM/UIM coverage is a good idea.
Medical payments and PIP coverage
Coverage for medical payments and/or PIP kick in for bills for things like doctor visits, EMT expenses, ambulance fees and prosthetic devices. They are often used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover not only the driver but also the vehicle occupants as well as getting struck while a pedestrian. PIP coverage is only offered in select states and gives slightly broader coverage than med pay
Comprehensive auto coverage
This coverage covers damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then your comprehensive coverage will pay.
Comprehensive insurance covers claims like fire damage, vandalism and rock chips in glass. The most you can receive from a comprehensive claim is the actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.