How Much Does 1996 Honda Accord Car Insurance Cost?

Trying to find lower car insurance rates for your Honda Accord? Have you fallen victim to overpriced car insurance? Trust us, you’re not alone.

Drivers have so many insurance companies to insure vehicles with, and even though it’s nice to have a selection, it makes it harder to get the best deal.

How to Lower Your Insurance Coverage Cost

To find the best insurance coverage prices, there are several ways to compare rate quotes and find the best price. The best method to find the cheapest 1996 Honda Accord insurance rates involves getting comparison quotes online. This is very easy and can be done in a couple of different ways.

  • The most efficient way to compare a lot of rates at once is to use a rate comparison form (click to open form in new window). This form keeps you from doing separate forms for each company you want a rate for. One form submission will return quotes direct from many companies.
  • Another way to compare prices is spending the time to visit the website of each company to request a price quote. For instance, we’ll pretend you want to compare Liberty Mutual, Safeco and Allstate. To get rate quotes you would need to spend time on each company’s site to input your insurance information, which is why the first method is more popular.

    For a list of links to companies insuring cars in your area, click here.

  • The hardest method of getting rate comparisons is to drive around to and from local insurance agencies. Shopping for insurance coverage online has reduced the need for local agents unless you want the trained guidance only provided by licensed agents. Drivers can get prices online and get advice from an agent in your area and we’ll touch on that later.

It’s up to you which method you use, but ensure you are comparing exactly the same deductibles and coverage limits with every price quote. If the quotes have unequal deductibles or liability limits it will be impossible to truly determine the lowest rate. Quoting even small variations in insurance coverages may result in large price differences. And when price shopping your coverage, more quotes will improve the odds of getting a lower rate.

Discounts are basically free money

Companies offering auto insurance don’t necessarily list every discount very well, so here is a list some of the more common as well as the least known insurance coverage savings.

  • Drive Safe and Save – Drivers who don’t get into accidents may save up to 50% more for Accord coverage than drivers with accident claims.
  • Club Memberships – Being a member of a qualifying organization is a good way to get lower rates on your policy for Accord coverage.
  • Own a Home – Being a homeowner can help you save on insurance coverage due to the fact that maintaining a home shows financial diligence.
  • Driver Safety – Taking a course in driver safety could cut 5% off your bill if your company offers it.
  • Accident Forgiveness – A few companies will forgive one accident before hitting you with a surcharge if your claims history is clear for a particular time prior to the accident.
  • Senior Discount – If you qualify as a senior citizen, you can possibly qualify for a discount up to 10% for Accord coverage.
  • Driver’s Ed – Require your teen driver to successfully complete driver’s ed class if it’s offered in school.
  • Student in College – Children who attend school more than 100 miles from home and do not have access to a covered vehicle can be insured at a reduced rate.
  • Military Rewards – Being deployed with a military unit can result in better rates.
  • Bundle and Save – If you have multiple policies with one company you may earn up to 20% off your total premium.

As a disclaimer on discounts, most credits do not apply to the overall cost of the policy. Most cut individual premiums such as liability and collision coverage. So when the math indicates all those discounts means the company will pay you, you won’t be that lucky.

Car insurance companies that may offer these discounts may include but are not limited to:

It’s a good idea to ask every prospective company which discounts you may be entitled to. All car insurance discounts may not apply in your area.

Which insurance is the “right” coverage?

When it comes to choosing the right insurance coverage for your personal vehicles, there is no “best” method to buy coverage. Each situation is unique so your insurance should reflect that For example, these questions could help you determine if your situation will benefit from professional help.

  • I have good health insurance, so how much medical payments coverage do I need?
  • What happens if I owe more than my 1996 Honda Accord is worth?
  • Do I need PIP (personal injury protection) coverage in my state?
  • Should I sign the liability waiver when renting a car?
  • Am I covered if I hit my neighbor’s mailbox?
  • Will I lose any money if I cancel my policy before it expires?
  • What is high-risk coverage and where do I buy it?
  • Am I missing any policy discounts?
  • Is business property covered if stolen from my car?

If you don’t know the answers to these questions but you know they apply to you, you might consider talking to an agent. If you want to speak to an agent in your area, simply complete this short form or click here for a list of insurance coverage companies in your area.

Car insurance 101

Knowing the specifics of your car insurance policy can help you determine which coverages you need for your vehicles. Car insurance terms can be impossible to understand and coverage can change by endorsement. These are typical coverages available from car insurance companies.

Comprehensive coverages – Comprehensive insurance pays for damage from a wide range of events other than collision. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things like theft, a tree branch falling on your vehicle, damage from a tornado or hurricane and fire damage. The highest amount a car insurance company will pay at claim time is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Uninsured and underinsured coverage – This protects you and your vehicle’s occupants from other motorists when they do not carry enough liability coverage. Covered losses include hospital bills for your injuries as well as damage to your Honda Accord.

Since many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is a good idea.

Coverage for medical payments – Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses for ambulance fees, rehabilitation expenses, prosthetic devices and X-ray expenses. The coverages can be used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. Coverage applies to you and your occupants in addition to being hit by a car walking across the street. PIP is not an option in every state but can be used in place of medical payments coverage

Liability coverages – This coverage protects you from damage or injury you incur to other’s property or people. It protects YOU from claims by other people, and does not provide coverage for damage to your own property or vehicle.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. As an example, you may have values of 100/300/100 that means you have a $100,000 limit per person for injuries, $300,000 for the entire accident, and $100,000 of coverage for damaged propery.

Liability insurance covers claims like repair bills for other people’s vehicles, court costs, repair costs for stationary objects and loss of income. How much liability coverage do you need? That is a decision to put some thought into, but it’s cheap coverage so purchase higher limits if possible.

Collision coverages – Collision coverage covers damage to your Accord from colliding with an object or car. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers claims like crashing into a building, colliding with another moving vehicle and sustaining damage from a pot hole. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are 8 years or older. You can also choose a higher deductible to save money on collision insurance.