Searching for better insurance prices for your Honda Accord could be a painful process, but you can use a few tricks to find lower rates.
There is a better way to buy insurance so we’re going to tell you the absolute fastest way to get price quotes for a new or used Honda and find the best price possible from local insurance agents and online providers.
It’s smart to do rate comparisons quite often because rates are rarely the same from one policy term to another. If you had the lowest price for Accord insurance two years ago the chances are good that you can find a lower rate today. Starting right now, forget all the misinformation about insurance because I’m going to teach you the fastest way to remove unneeded coverages and save money.
Locating affordable protection is not that difficult. If you have a current car insurance policy or need a new policy, you can use these techniques to reduce the price you pay while maximizing coverage. Drivers just need to learn the tricks to shop for car insurance online.
Car insurance can cost a lot, but there are discounts available that you may not even be aware of. Larger premium reductions will be automatically applied when you quote, but some must be inquired about before being credited. If they aren’t giving you every credit available, you’re just leaving money on the table.
Drivers should understand that most of the big mark downs will not be given to your bottom line cost. Most cut the cost of specific coverages such as comprehensive or collision. So even though it sounds like you can get free auto insurance, you’re out of luck. But any discount will help reduce the amount you have to pay.
To see a list of providers with the best car insurance discounts, click this link.
Smart consumers have a good feel for the rating factors that play a part in calculating the price you pay for insurance. Knowing what influences your rates helps enable you to make changes that will entitle you to big savings.
When buying coverage, there really is no one size fits all plan. Your needs are not the same as everyone else’s.
Here are some questions about coverages that might point out if your situation would benefit from an agent’s advice.
If you can’t answer these questions, you may need to chat with a licensed agent. To find lower rates from a local agent, take a second and complete this form. It’s fast, free and you can get the answers you need.
Knowing the specifics of a insurance policy aids in choosing the best coverages for your vehicles. The terms used in a policy can be difficult to understand and nobody wants to actually read their policy.
Medical payments and PIP coverage
Coverage for medical payments and/or PIP pay for expenses like X-ray expenses, prosthetic devices, chiropractic care, nursing services and surgery. The coverages can be used to cover expenses not covered by your health insurance policy or if you do not have health coverage. They cover both the driver and occupants as well as getting struck while a pedestrian. Personal Injury Protection is not an option in every state but can be used in place of medical payments coverage
Comprehensive auto coverage
Comprehensive insurance coverage pays for damage OTHER than collision with another vehicle or object. You first have to pay a deductible and then insurance will cover the rest of the damage.
Comprehensive insurance covers things like a tree branch falling on your vehicle, damage from a tornado or hurricane, fire damage and falling objects. The highest amount you can receive from a comprehensive claim is the market value of your vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.
Collision coverage covers damage to your Accord resulting from a collision with an object or car. You first must pay a deductible then your collision coverage will kick in.
Collision coverage pays for things such as hitting a parking meter, driving through your garage door, sustaining damage from a pot hole, crashing into a building and rolling your car. This coverage can be expensive, so consider dropping it from lower value vehicles. Another option is to choose a higher deductible to bring the cost down.
Liability auto insurance
Liability insurance protects you from injuries or damage you cause to other people or property that is your fault. It protects you against other people’s claims. It does not cover damage sustained by your vehicle in an accident.
Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have limits of 25/50/25 that means you have $25,000 bodily injury coverage, $50,000 for the entire accident, and property damage coverage for $25,000. Alternatively, you may have one limit called combined single limit (CSL) which combines the three limits into one amount and claims can be made without the split limit restrictions.
Liability coverage protects against claims such as bail bonds, funeral expenses, medical services and pain and suffering. The amount of liability coverage you purchase is up to you, but it’s cheap coverage so purchase as much as you can afford.
UM/UIM (Uninsured/Underinsured Motorist) coverage
Your UM/UIM coverage provides protection when other motorists either are underinsured or have no liability coverage at all. Covered losses include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.
Due to the fact that many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is very important. Most of the time these limits are identical to your policy’s liability coverage.
As you restructure your insurance plan, you should never buy lower coverage limits just to save a few bucks. There are a lot of situations where an insured cut full coverage only to regret that it was a big error on their part. Your strategy should be to buy a smart amount of coverage at a price you can afford while not skimping on critical coverages.
Cost effective 2013 Honda Accord insurance is available from both online companies and also from your neighborhood agents, and you need to comparison shop both to have the best chance of lowering rates. A few companies may not provide online quoting and many times these smaller companies only sell through independent insurance agents.
We’ve covered many ideas to get a better price on insurance. It’s most important to understand that the more rate quotes you have, the better your comparison will be. You may even find the biggest savings come from a small mutual company.