I really doubt anyone looks forward to buying insurance coverage, especially when they are aware that they could get a better deal.
Companies like Allstate, Progressive and Geico all claim big savings, bombarding you with fancy advertisements and it can be hard to see through the deception and find the best price available.
You should take the time to take a look at other company’s rates on a regular basis because prices are usually higher with each renewal. If you had the lowest rate for Accord Plug-In Hybrid coverage two years ago a different company probably has better premium rates today. You’ll find quite a bit of inaccurate information about insurance coverage online, but you can learn a lot of great tips on how to lower your insurance coverage rates.
Effectively comparing car insurance prices can be a lot of work if you don’t understand the most efficient way to do it. You can waste a few hours (or days) driving to insurance agencies in your area, or you could use online quoting to get rate comparisons in just a few minutes.
Most of the best insurance companies participate in an industry program where insurance shoppers submit one quote, and each company can provide price quotes determined by their information. This eliminates the need for quote forms to each individual car insurance company.
To submit your quote information now, click here to start a free quote.
The one downside to using this type of form is you can’t choose which insurance companies you want to price. If you wish to select specific providers to compare, we have assembled a list of car insurance companies in your area. Click here to view list.
Whichever way you use, do your best to enter the exact same coverage limits on every quote you get. If the quotes have different limits and deductibles on each one it will be impossible to determine the lowest rate for your Honda Accord Plug-In Hybrid. Even a minor difference in coverages can make a big difference in price. And when price shopping your coverage, having more price comparisons helps improve the odds of finding lower pricing. Not every company provides online rate quotes, so you also need to get quotes from those companies as well.
Companies don’t necessarily list every discount in a way that’s easy to find, so the list below contains both the well known in addition to some of the lesser obvious credits that may apply to you.
While discounts sound great, it’s important to understand that many deductions do not apply to your bottom line cost. Most cut specific coverage prices like medical payments or collision. So even though they make it sound like adding up those discounts means a free policy, that’s just not realistic.
If you would like to see a list of insurers with discount car insurance rates, follow this link.
When buying coverage, there is no cookie cutter policy. Every situation is different so this has to be addressed. Here are some questions about coverages that may help highlight whether you will benefit from professional help.
If you’re not sure about those questions but a few of them apply, you may need to chat with an insurance agent. To find lower rates from a local agent, take a second and complete this form or go to this page to view a list of companies.
Learning about specific coverages of your policy helps when choosing appropriate coverage at the best deductibles and correct limits. The coverage terms in a policy can be confusing and even agents have difficulty translating policy wording. Below you’ll find typical coverages available from car insurance companies.
Collision – Collision insurance pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You will need to pay your deductible then your collision coverage will kick in.
Collision can pay for things like backing into a parked car, colliding with a tree, sustaining damage from a pot hole, hitting a mailbox and crashing into a ditch. This coverage can be expensive, so consider removing coverage from older vehicles. Another option is to choose a higher deductible to bring the cost down.
Comprehensive car insurance – Comprehensive insurance coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then your comprehensive coverage will pay.
Comprehensive coverage pays for claims like damage from flooding, damage from a tornado or hurricane, damage from getting keyed and a broken windshield. The maximum 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 removing comprehensive coverage.
Auto liability – Liability insurance can cover damage that occurs to other’s property or people in an accident. This insurance 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 liability limits of 100/300/100 which means $100,000 bodily injury coverage, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property.
Liability can pay for things like legal defense fees, repair costs for stationary objects, medical expenses, emergency aid and attorney fees. How much liability should you purchase? That is a decision to put some thought into, but you should buy as large an amount as possible.
Coverage for medical expenses – Medical payments and Personal Injury Protection insurance kick in for bills like X-ray expenses, rehabilitation expenses, ambulance fees, pain medications and hospital visits. They are used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. It covers both the driver and occupants as well as any family member struck as a pedestrian. PIP coverage is not an option in every state and may carry a deductible
Coverage for uninsured or underinsured drivers – This protects you and your vehicle when other motorists either are underinsured or have no liability coverage at all. It can pay for injuries sustained by your vehicle’s occupants and also any damage incurred to your Honda Accord Plug-In Hybrid.
Due to the fact that many drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage should not be overlooked.