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Honda Accord Insurance Rates

You have many choices when shopping for insurance coverage for your Honda vehicle. You can buy from your neighborhood insurance agent or price shop online to compare pricing from multiple companies. Finding cheaper car insurance online is simple to do, in addition you will probably save money.

Finding the best direct price on car insurance can be complicated if you have never used online quoting. Don't let that stop you because there is an easy way to compare rates. To find the best car insurance prices, there are several ways of comparing rates from local car insurance companies. The best method to find the lowest Accord insurance cost is to perform an online rate comparison. This is very easy and can be done by visiting this page.

Criteria which help determine your insurance rates

Insurance rates for your Honda Accord can fluctuate considerably subject to many criteria. A few of these criteria are:

  • More performance equals higher cost
  • Accidents raise premiums
  • Home/auto policy bundles save money
  • Pleasure, commuting or business use can affect rates
  • Optional coverages like vehicle replacement
  • Your profession
  • Your coverage level
  • Owning a home can lower rates

One last important factor which can affect the rate you pay on your Honda is the year of manufacture. Models that are a few years old have a much lower replacement value so the payout to repair can decrease annual premiums. On the flip side, newer vehicles may have options like adaptive headlights, sideview assist mirrors, automatic crash notification, and pedestrian detection which may provide discounts that lower premiums.

For you to have a better understanding of how much rates will be for your vehicle, select the year of your Accord from the following list.

Liability coverage - Accord liability coverage can cover injuries or damage you cause to other's property or people that is your fault. Liability can pay for claims such as funeral expenses, loss of income, and emergency aid. This coverage is usually fairly inexpensive so purchase as high a limit as you can afford.

Collision coverage - This covers damage to your Honda resulting from colliding with another vehicle or an object, but not an animal. A deductible applies and the rest of the damage will be paid by collision coverage. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are 8 years or older. Another option is to choose a higher deductible to get cheaper Accord insurance rates.

Comprehensive coverage - Comprehensive insurance coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage. The most a car insurance company will pay at claim time is the market value of your vehicle, so if the vehicle is not worth much it's probably time to drop comprehensive insurance.

Uninsured/Underinsured Motorist coverage - This coverage gives you protection when other motorists either are underinsured or have no liability coverage at all. Since a lot of drivers only purchase the least amount of liability that is required, their limits can quickly be used up. That's why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Medical payments coverage and PIP - Coverage for medical payments and/or PIP reimburse you for bills for things like ambulance fees, surgery, and doctor visits. The coverages can be utilized in addition to your health insurance program or if you lack health insurance entirely. Personal injury protection coverage is not an option in every state but can be used in place of medical payments coverage.

How Much are Honda Accord Insurance Rates?