2005 Honda Accord Car Insurance Quotes – 10 Policy Discounts

Want cheaper car insurance rates for your Honda Accord? No one in their right mind looks forward to paying for car insurance, particularly when they are paying too much. Because you have many companies and agents to choose from, it’s nearly impossible to pick the most cost effective car insurance company.

This article will teach you the most effective way to quote insurance and some tips to save money. If you are paying for car insurance now, you will most likely be able to lower your premiums substantially using these tips. Drivers just need to learn the most effective way to compare prices online.

Do you qualify for a discount?

Insurance can cost an arm and a leg, buy you may qualify for discounts that you may not even be aware of. Some discounts apply automatically at the time of quoting, but less common discounts must be inquired about before you get the savings. If they aren’t giving you every credit you deserve, you are throwing money away.

  • Accident Forgiveness – A handful of insurance companies allow you one accident before hitting you with a surcharge so long as you haven’t had any claims prior to the accident.
  • Anti-theft System – Anti-theft and alarm systems can help prevent theft and earn discounts up to 10%.
  • Employee of Federal Government – Employees or retirees of the government could cut as much as 10% off for Accord insurance depending on your company.
  • Early Switch Discount – A few companies offer discounts for switching policies prior to your current policy expiring. It’s a savings of about 10%.
  • Multiple Cars – Having all your vehicles on one policy may reduce the rate for each vehicle.
  • Pay Now and Pay Less – By paying your policy upfront instead of making monthly payments you can actually save on your bill.
  • Student Driver Training – Cut your cost by having your teen driver take driver’s ed class if offered at their school.
  • Service Members Pay Less – Having a family member in the military could be rewarded with lower premiums.
  • Multiple Policy Discount – If you have multiple policies with one insurance company you may save approximately 10% to 15%.
  • Paperwork-free – A few companies will discount your bill up to fifty bucks for buying a policy and signing up on their website.

It’s important to understand that most discounts do not apply to all coverage premiums. Some only reduce the cost of specific coverages such as liability and collision coverage. So when it seems like adding up those discounts means a free policy, you won’t be that lucky. But all discounts will cut the cost of coverage.

For a list of providers with discount car insurance rates, click here.

The quickest method to compare policy rates is to know the trick all the major auto insurance companies actually pay money for the chance to compare rate quotes. To get started, all you need to do is provide a small amount of information like driver details, the type of vehicles you drive, types of safety features, and if you have an active license. That information is automatically sent to multiple auto insurance providers and you will get price comparisons quickly.

To start a quote now, click here and find out if lower rates are available.

What coverages do I need?

When choosing the right insurance coverage for your vehicles, there really is no best way to insure your cars. Each situation is unique so your insurance needs to address that. These are some specific questions may help you determine if your insurance needs will benefit from professional help.

  • What is no-fault insurance?
  • Is my trailer covered?
  • Why am I be forced to buy a membership to get insurance from some companies?
  • How much can I save by bundling my policies?
  • Am I missing any policy discounts?
  • Am I covered when delivering products for my home-based business?

If it’s difficult to answer those questions but one or more may apply to you, you may need to chat with a licensed insurance agent. If you don’t have a local agent, complete this form or you can go here for a list of companies in your area. It’s fast, free and can help protect your family.

Educate yourself about auto insurance coverages

Having a good grasp of your policy can be of help when determining the best coverages at the best deductibles and correct limits. Policy terminology can be difficult to understand and nobody wants to actually read their policy. Shown next are typical coverage types offered by auto insurance companies.

Medical expense insurance – Coverage for medical payments and/or PIP provide coverage for immediate expenses for things like dental work, doctor visits, rehabilitation expenses, hospital visits and surgery. They can be used to cover expenses not covered by your health insurance policy or if you do not have health coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants and will also cover getting struck while a pedestrian. PIP is not universally available and may carry a deductible

Liability coverages – Liability coverage can cover injuries or damage you cause to a person or their property by causing an accident. This coverage protects you against claims from other people, and does not provide coverage for your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see policy limits of 25/50/25 that means you have a $25,000 limit per person for injuries, a per accident bodily injury limit of $50,000, and a limit of $25,000 paid for damaged property. Occasionally you may see a combined limit which combines the three limits into one amount with no separate limits for injury or property damage.

Liability coverage pays for claims such as structural damage, emergency aid, pain and suffering and medical services. How much liability should you purchase? That is a personal decision, but consider buying higher limits if possible.

Comprehensive (Other than Collision) – Comprehensive insurance coverage pays for damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive insurance covers things like hitting a deer, rock chips in glass and hail damage. The maximum payout you’ll receive from a claim is the ACV or actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Protection from uninsured/underinsured drivers – Your UM/UIM coverage gives you protection when other motorists do not carry enough liability coverage. Covered claims include injuries to you and your family as well as damage to your Honda Accord.

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 is very important. Most of the time these coverages are set the same as your liablity limits.

Collision – Collision insurance 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 insurance covers claims such as colliding with another moving vehicle, damaging your car on a curb, sustaining damage from a pot hole and hitting a parking meter. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are 8 years or older. You can also bump up the deductible to save money on collision insurance.

Do the work, save more money

We’ve covered a lot of ways to lower your 2005 Honda Accord insurance rates. It’s most important to understand that the more you quote, the higher the chance of saving money. You may even discover the most savings is with a small local company. These companies can often provide lower rates in certain areas than the large multi-state companies such as Allstate and Progressive.

Lower-priced insurance can be purchased online and with local insurance agents, so you should be comparing quotes from both to have the best rate selection. Some car insurance companies do not offer you the ability to get quotes online and many times these small insurance companies only sell through independent insurance agents.

More information can be read on the following sites: