Save on 2017 Honda Accord Insurance Cost

Trying to find cheaper insurance coverage rates for your Honda Accord? No one in their right mind rejoices having to buy insurance coverage, particularly when the cost is too high. Big-name insurance companies like Allstate, Progressive and Geico continually bombard you with ad campaigns and it is challenging if not impossible to see past the geckos and flying pigs and do the work needed to find the best deal.

You should make it a habit to get comparison quotes periodically due to the fact that insurance rates go up and down regularly. Despite the fact that you may have had the best premium rates for Accord coverage a couple years back the chances are good that you can find a lower price today. Forget all the misinformation about insurance coverage because you’re about to find out the things you must know in order to find the best coverage while lowering your premiums.

Learn how to lower your insurance premiums

Many different elements are taken into consideration when pricing auto insurance. A few of the factors are predictable like an MVR report, but other factors are not quite as obvious like where you live or how financially stable you are.

  • Premiums are lower the older you get – More experienced drivers are shown to be more cautious, are lower risk to insure and are safer drivers.Drivers with little experience are statistically proven to be inattentive in a vehicle and because of this, their car insurance rates are much higher.
  • Credit history impacts premium costs – Your credit score is a large factor in determining premium rates. People that have high credit scores tend to be more responsible and file fewer claims than drivers with bad credit. If your credit rating is low, you could be paying less to insure your 2017 Honda Accord if you clean up your credit.
  • Discounts for married couples – Your spouse may cut your premiums on your car insurance policy. Marriage may mean you are more mature and insurance companies like that married drivers tend to have fewer serious accidents.
  • A lcar insurance policy lapse is a bad thing – Driving your car without having proper coverage is a big no-no and you will pay a penalty because you let your insurance lapse for non-payment. In addition to paying higher premiums, getting caught without coverage could earn you a license revocation or jail time.

Lower-cost insurance quotes with discounts

Insurance is not cheap nor is it fun to buy but there could be available discounts that can help lower your rates. A few discounts will automatically apply at the time of quoting, but some need to be manually applied before you get the savings. If you check and find you aren’t receiving every discount possible, it’s possible you qualify for a lower rate.

  • Resident Student – Youth drivers living away from home attending college and do not take a car to college could qualify for this discount.
  • Accident Forgiveness Coverage – This isn’t a discount exactly, but some insurance companies will turn a blind eye to one accident without the usual rate increase as long as you don’t have any claims for a particular time prior to the accident.
  • Auto/Home Discount – If you have multiple policies with the same company you may save approximately 10% to 15%.
  • Memberships – Being a member of a civic or occupational organization is a good way to get lower rates when shopping for insurance.
  • Air Bag Discount – Options like air bags or motorized seat belts may earn rate discounts of more than 20%.
  • Sign Online – A handful of insurance companies give back up to $50 shop car insurance on your computer.
  • Discounts for New Vehicles – Insuring a vehicle that is new is cheaper compared to insuring an older model.
  • Anti-theft System – Vehicles that have factory alarm systems and tracking devices can help prevent theft and will qualify for a discount on a car insurance quote.
  • Employee of Federal Government – Employees or retirees of the government may qualify for a discount when you quote car insurance for Accord coverage but check with your company.

As a disclaimer on discounts, most discounts do not apply to the entire policy premium. Most only reduce the price of certain insurance coverages like medical payments or collision. Even though it appears all the discounts add up to a free policy, insurance companies aren’t that generous. But all discounts will definitely lower the cost of coverage.

Companies and the discounts they provide are detailed below.

  • State Farm has discounts for safe vehicle, student away at school, good student, passive restraint, multiple autos, defensive driving training, and driver’s education.
  • Geico offers premium reductions for driver training, emergency military deployment, defensive driver, membership and employees, air bags, daytime running lights, and multi-vehicle.
  • Liberty Mutual may offer discounts for preferred payment discount, newly married, newly retired, multi-policy, and teen driver discount.
  • The Hartford discounts include vehicle fuel type, bundle, anti-theft, good student, air bag, driver training, and defensive driver.
  • MetLife may have discounts that include defensive driver, multi-policy, accident-free, good driver, good student, and claim-free.
  • Progressive has savings for continuous coverage, online signing, multi-policy, multi-vehicle, online quote discount, homeowner, and good student.

When quoting, ask every prospective company which credits you are entitled to. Depending on the company, some discounts might not be available to policyholders in your area. To find insurers with the best insurance discounts, click this link.

Brand name doesn’t guarantee savings

Consumers can’t ignore all the ads that claim the cheapest premium rates by companies like Progressive, Allstate and Geico. They all make the point about saving some big amount if you just switch to them.

How does every auto insurance company sell you cheaper insurance coverage? This is how they do it.

All companies have specific guidelines for the right customer that will not have excessive claims. A good example of this type of risk profile might be described as over the age of 50, has no driving citations, and has great credit. A customer who matches those parameters will get low rates and will also pay quite a bit less when switching companies.

Drivers who do not match the ideal profile will probably have to pay a higher rate and this results in the customer buying from a different company. The ads state “people that switch” not “all people who quote” save the amount stated. That is how insurance companies can make the claims of big savings. Because of this risk profiling, drivers should compare rate quotes every year. It’s impossible to know which auto insurance company will have the lowest rate quotes.

Tailor your car insurance coverage to you

When it comes to buying adequate coverage, there really is no “perfect” insurance plan. Every situation is different and your policy should reflect that. For instance, these questions might help in determining if you may require specific advice.

  • How high should my medical payments coverage be?
  • What is no-fault insurance?
  • Do I pay less for low miles?
  • Does my personal policy cover me when driving out-of-state?
  • Should I sign the liability waiver when renting a car?
  • Do I get a pro-rated refund if I cancel my policy early?
  • Does liability extend to a camper or trailer?
  • Are my tools covered if they get stolen from my vehicle?

If it’s difficult to answer those questions but you know they apply to you, then you may want to think about talking to an insurance agent. If you don’t have a local agent, take a second and complete this form or go to this page to view a list of companies. It’s fast, doesn’t cost anything and can provide invaluable advice.

Car insurance coverage information

Learning about specific coverages of insurance can help you determine appropriate coverage and proper limits and deductibles. The coverage terms in a policy can be impossible to understand and even agents have difficulty translating policy wording. These are the normal coverages found on the average insurance policy.

Uninsured or underinsured coverage – Uninsured or Underinsured Motorist coverage gives you protection when other motorists do not carry enough liability coverage. Covered losses include injuries to you and your family and damage to your Honda Accord.

Due to the fact that many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. So UM/UIM coverage is important protection for you and your family.

Collision coverage – Collision coverage will pay to fix damage to your Accord resulting from a collision with another vehicle or an object, but not an animal. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for things like crashing into a ditch, crashing into a building and colliding with a tree. Collision is rather expensive coverage, so you might think about dropping it from older vehicles. You can also bump up the deductible to bring the cost down.

Medical expense coverage – Medical payments and Personal Injury Protection insurance kick in for expenses for hospital visits, X-ray expenses, nursing services, rehabilitation expenses and prosthetic devices. The coverages can be used in conjunction with a health insurance policy or if there is no health insurance coverage. Coverage applies to all vehicle occupants in addition to if you are hit as a while walking down the street. PIP is only offered in select states but can be used in place of medical payments coverage

Liability car insurance – Liability insurance protects you from injuries or damage you cause to other people or property by causing an accident. It protects you against other people’s claims. Liability doesn’t cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see policy limits of 100/300/100 which stand for $100,000 bodily injury coverage, $300,000 for the entire accident, and property damage coverage for $100,000.

Liability coverage protects against things like repair costs for stationary objects, loss of income and emergency aid. How much liability coverage do you need? That is your choice, but consider buying higher limits if possible.

Comprehensive protection – Comprehensive insurance coverage pays for damage from a wide range of events other than collision. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims such as a tree branch falling on your vehicle, damage from a tornado or hurricane, falling objects, hail damage and hitting a deer. The most you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.

Never pay more for less

As you go through the steps to switch your coverage, do not buy less coverage just to save a little money. In many instances, someone sacrificed liability limits or collision coverage and found out when filing a claim that the savings was not a smart move. Your focus should be to purchase a proper amount of coverage at the best price, not the least amount of coverage.

Affordable 2017 Honda Accord insurance can be found both online as well as from insurance agents, so get free car insurance quotes from both of them so you have a total pricing picture. Some insurance companies may not have rate quotes online and these regional carriers prefer to sell through independent agents.

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