2009 Honda Accord Insurance Rates

Are you sick and tired of robbing Peter to pay Paul to buy car insurance? Your situation is no different than millions of other consumers.

Since consumers have many different company options, it can be diffult for consumers to locate the lowest price car insurance company.

Consumers need to do rate comparisons quite often since insurance rates fluctuate regularly. Even if you got the lowest price for Accord coverage a year ago a different company probably has better rates today. Forget all the misinformation about car insurance because I’m going to let you in on the secrets to the quickest way to properly buy coverages while reducing your premium.

Shopping for the cheapest auto insurance is quite easy. Essentially every vehicle owner who shops for auto insurance should be able to find better rates. But consumers do need to learn how the larger insurance companies compete online and apply this information to your search.

The quickest method to compare rates is to know the trick most of the larger companies have advanced systems to give you rate quotes. The one thing you need to do is provide the companies a bit of rating information including if you’re married, the year, make and model of vehicles, your occupation, and your education level. That rating information is instantly sent to insurance carriers in your area and you will receive price estimates instantly to find the best rate.

To compare rates now, click here and complete the form.

Do you qualify for a discount?

The cost of insuring your cars can be expensive, but companies offer discounts to reduce the price significantly. Certain discounts will be applied when you purchase, but a few must be asked about before they will apply.

Resident Student – Youth drivers who live away from home and do not have a car can be insured at a reduced rate.
Life Insurance Discount – Larger companies have lower rates if you buy life insurance from them.
Auto/Home Discount – If you insure your home and vehicles with one insurance company you may earn at least 10% off all policies.
Accident Forgiveness – Certain companies will allow you to have one accident before raising your premiums as long as you don’t have any claims prior to the accident.
Pay Now and Pay Less – By paying your policy upfront instead of paying each month you could save 5% or more.
Employee of Federal Government – Employees or retirees of the government could cut as much as 10% off for Accord coverage with select insurance companies.
Anti-lock Brake Discount – Vehicles equipped with ABS or steering control prevent accidents and will save you 10% or more.

A little note about advertised discounts, most discount credits are not given to the entire cost. Most cut the cost of specific coverages such as medical payments or collision. So when the math indicates all the discounts add up to a free policy, it just doesn’t work that way. Any amount of discount will reduce your premiums.

To see a list of insurers with the best insurance discounts, click here to view.

What coverages do I need?

When it comes to choosing the best insurance coverage coverage for your vehicles, there really is not a perfect coverage plan. Every situation is different and your policy should reflect that. These are some specific questions may help highlight if you might need an agent’s assistance.

Will my rates increase for filing one claim?
Does my liability insurance cover pulling a trailer or camper?
How does medical payments coverage work?
Is my custom paint covered by insurance?
Is my business laptop covered if it gets stolen from my vehicle?
Can I afford low physical damage deductibles?

If you don’t know the answers to these questions but a few of them apply, then you may want to think about talking to an agent. To find an agent in your area, fill out this quick form or click here for a list of insurance coverage companies in your area.

Specifics of your auto insurance policy

Knowing the specifics of your auto insurance policy can help you determine appropriate coverage for your vehicles. Auto insurance terms can be ambiguous and even agents have difficulty translating policy wording. Shown next are typical coverages found on the average auto insurance policy.

Medical costs insurance

Coverage for medical payments and/or PIP reimburse you for expenses such as X-ray expenses, rehabilitation expenses, pain medications and funeral costs. The coverages can be used in conjunction with a health insurance policy or if you lack health insurance entirely. It covers all vehicle occupants as well as getting struck while a pedestrian. Personal injury protection coverage is not an option in every state but can be used in place of medical payments coverage

Coverage for liability

Liability coverage can cover damage or injury you incur to other people or property by causing an accident. This coverage protects you against claims from other people. It does not 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 25/50/25 that means you have $25,000 bodily injury coverage, 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 that pays claims from the same limit with no separate limits for injury or property damage.

Liability insurance covers claims like attorney fees, medical services, loss of income and court costs. How much liability should you purchase? That is your choice, but buy as much as you can afford.

Comprehensive or Other Than Collision

This will pay to fix damage that is not covered by collision coverage. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive insurance covers things such as hitting a bird, theft, a tree branch falling on your vehicle, fire damage and damage from flooding. The most you can receive from a comprehensive claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

UM/UIM Coverage

This coverage protects you and your vehicle when the “other guys” are uninsured or don’t have enough coverage. Covered claims include medical payments for you and your occupants and damage to your 2009 Honda Accord.

Because many people have only the minimum liability required by law, it only takes a small accident to exceed their coverage. So UM/UIM coverage should not be overlooked. Normally your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

Coverage for collisions

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

Collision can pay for claims such as crashing into a ditch, colliding with another moving vehicle, hitting a parking meter and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from lower value vehicles. It’s also possible to increase the deductible in order to get cheaper collision rates.