View 2008 Honda Accord Car Insurance Rates

Searching for cheaper auto insurance rates for your Honda Accord? No sane person fancies paying their premiums for auto insurance, especially when the prices are way too high. Since you have so many different company options, it’s difficult to locate the lowest price company.

Consumers should take time to check auto insurance prices yearly because auto insurance prices are adjusted regularly by insurance companies. Just because you had the best quotes on Accord coverage six months ago you may be paying too much now. You can find a lot of misleading information regarding auto insurance on the internet, but by reading this article, you’re going to learn some of the best ways to find cheap auto insurance.

Find discounts on insurance coverage

Some providers don’t list their entire list of discounts in a way that’s easy to find, so the next list breaks down some of the more common as well as some of the hidden discounts that may be available.

  • Anti-lock Brake System – Vehicles equipped with ABS or steering control are much safer to drive and will save you 10% or more.
  • Discounts for Federal Employees – Active or former government employment may qualify for a discount when you quote insurance on Accord coverage with certain companies.
  • Lower Rates for Military – Being deployed with a military unit could mean lower rates.
  • Payment Method – By paying your entire bill at once rather than spreading payments over time you may reduce your total bill.
  • Student Driver Training – Have your child successfully complete driver’s ed class as it can save substantially.
  • Seat Belt Usage – Buckling up and requiring all passengers to use their safety belts can save up to 10 percent (depending on the company) on the medical payments or PIP coverage costs.
  • Mature Driver Discount – Older drivers are able to get a discount up to 10% on Accord coverage.
  • Discount for Multiple Policies – If you insure your home and vehicles with the same insurance company you will save up to 20% and get you inexpensive insurance.
  • Discount for Good Grades – Getting good grades can earn a discount of 20% or more. The discount lasts well after school through age 25.
  • Sign Early and Save – A few insurance coverage companies allow discounts for buying a policy prior to your current policy expiring. This can save 10% or more.

While discounts sound great, it’s important to understand that most discount credits are not given to all coverage premiums. The majority will only reduce individual premiums such as comprehensive or collision. Despite the fact that it seems like having all the discounts means you get insurance for free, it doesn’t quite work that way.

Larger insurance coverage companies and the discounts they provide are detailed below.

  • Geico discounts include seat belt use, anti-theft, military active duty, federal employee, anti-lock brakes, and air bags.
  • Mercury Insurance has savings for type of vehicle, location of vehicle, professional/association, anti-theft, annual mileage, and ease of repair.
  • Farmers Insurance may have discounts that include pay in full, switch companies, early shopping, business and professional, and youthful driver.
  • Auto-Owners Insurance includes discounts for paperless, anti-lock brakes, multiple vehicles, air bags, and good student.
  • Liberty Mutual has discounts for good student, teen driver discount, hybrid vehicle, multi-car, and exclusive group savings.
  • SAFECO may offer discounts for teen safety rewards, teen safe driver, safe driver, homeowner, bundle discounts, multi-car, and drive less.
  • Progressive policyholders can earn discounts including online signing, multi-policy, homeowner, continuous coverage, multi-vehicle, and good student.
  • USAA may include discounts for annual mileage, safe driver, multi-policy, family discount, and new vehicle.

Check with all the companies which discounts you may be entitled to. Depending on the company, some discounts may not be available in your area.

Which insurance coverage is cheapest?

Finding low cost 2008 Honda Accord insurance coverage quotes can be quick and easy. Consumers just need to take the time to compare rate quotes provided by online insurance companies. This can easily be done in several different ways.

The most efficient method to get the best comparison quotes is an all-inclusive rate comparison (click to open form in new window). This quick form keeps you from doing a different quote for every company. One form submission gets insurance cost estimates from insurance coverage companies with the best prices.

A different way to find lower rates is to take the time to go to the website for each individual company to complete a price quote. For example, we’ll assume you want rates from Allstate, Geico and Travelers. You would be required to spend time going to each site individually to enter the same coverage data repeatedly, which is why the first method is quicker. For a list of companies in your area, click here.

The method you choose is up to you, but try to use identical coverages with every price quote. If you use mixed coverages then you won’t be able to decipher which rate is best.

Tailor your insurance coverage coverage to you

When it comes to buying the best insurance coverage coverage, there is no “best” method to buy coverage. Every insured’s situation is different so this has to be addressed. For instance, these questions can aid in determining if your situation might need professional guidance.

  • How much underlying liability do I need for an umbrella policy?
  • How high should deductibles be on a 2008 Honda Accord?
  • Should I rate my 2008 Honda Accord as pleasure use or commute?
  • Why am I be forced to buy a membership to get insurance from some companies?
  • Should I get collision insurance on every vehicle?
  • Does my medical payments coverage pay my health insurance deductible?
  • Am I covered when driving in Canada or Mexico?
  • Is my teen driver covered when they drive my company car?

If you can’t answer these questions, then you may want to think about talking to a licensed insurance agent. To find lower rates from a local agent, complete this form or you can go here for a list of companies in your area. It’s fast, doesn’t cost anything and you can get the answers you need.

Car insurance coverages for a Honda Accord

Knowing the specifics of your insurance policy helps when choosing appropriate coverage and the correct deductibles and limits. Policy terminology can be impossible to understand and even agents have difficulty translating policy wording. Shown next are the normal coverages available from insurance companies.

Medical costs insurance

Personal Injury Protection (PIP) and medical payments coverage provide coverage for immediate expenses such as chiropractic care, funeral costs, X-ray expenses, prosthetic devices and hospital visits. They are used in conjunction with a health insurance program or if you do not have health coverage. Medical payments and PIP cover both the driver and occupants and also covers being hit by a car walking across the street. PIP is not an option in every state but it provides additional coverages not offered by medical payments coverage

Collision protection

Collision insurance pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision can pay for things such as hitting a mailbox, sideswiping another vehicle, sustaining damage from a pot hole and backing into a parked car. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are older. Another option is to choose a higher deductible to bring the cost down.

UM/UIM Coverage

This protects you and your vehicle from other motorists when they either are underinsured or have no liability coverage at all. It can pay for medical payments for you and your occupants as well as your vehicle’s damage.

Since many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages should not be overlooked. Normally these limits are set the same as your liablity limits.

Liability

Liability coverage can cover damage that occurs to a person or their property. It protects you against other people’s claims, and does not provide coverage for damage to your own property or vehicle.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see limits of 25/50/25 that means you have a limit of $25,000 per injured person, $50,000 for the entire accident, and a limit of $25,000 paid for damaged property. Some companies may use one limit called combined single limit (CSL) which limits claims to one amount with no separate limits for injury or property damage.

Liability coverage pays for claims such as pain and suffering, medical services, court costs and attorney fees. The amount of liability coverage you purchase is your choice, but it’s cheap coverage so purchase as high a limit as you can afford.

Comprehensive or Other Than Collision

Comprehensive insurance coverage covers damage from a wide range of events other than collision. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers claims like a broken windshield, theft, hail damage, falling objects and hitting a deer. The most you’ll receive from a claim is the actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

In Summary

Low-cost 2008 Honda Accord insurance is attainable online and also from your neighborhood agents, and you need to comparison shop both to get a complete price analysis. A few companies may not provide rate quotes online and many times these small insurance companies only sell through independent insurance agencies.

We just covered a lot of techniques to reduce 2008 Honda Accord insurance prices online. The most important thing to understand is the more providers you compare, the better likelihood of getting inexpensive insurance. You may be surprised to find that the best price on insurance coverage is with an unexpected company. Some small companies may cover specific market segments cheaper than the large multi-state companies such as Allstate, Geico and Progressive.

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