Cheaper 2010 Honda Accord Insurance Quotes

Having to pay for overpriced Honda Accord insurance can dwindle your bank account and force you to make sacrifices. Shopping your coverage around is free and is an excellent way to help make ends meet. Because you have many companies to choose from, it is very difficult to pick the best insurer.

You should make it a habit to compare rates once or twice a year due to the fact that insurance rates are rarely the same from one policy term to another. If you had the lowest price on Accord insurance a couple years back other companies may now be cheaper. You’ll find quite a bit of inaccurate information about insurance online, so I’m going to show you some great ways to reduce your insurance bill.

Finding the best rates is easy if you know what you’re doing. If you are insured now or are shopping for new coverage, you can use this information to find better prices while maintaining coverages. Drivers only need an understanding of the tricks to shop their coverage around over the internet.

Why you might be paying too much to insure your Honda Accord

It’s important that you understand the factors that help determine the rates you pay for auto insurance. Knowing what controls the rates you pay enables informed choices that may reward you with better auto insurance rates.

  • Where do you drive? – The more you drive in a year the more you will pay for auto insurance. The majority of insurers apply a rate determined by how the vehicle is used. Vehicles used primarily for pleasure use can get a lower rate than vehicles that are driven to work every day. An improperly rated Accord may be costing you. Double check that your auto insurance policy properly reflects the correct driver usage, because it can save money.
  • Consolidate policies to earn discounts – Many insurers give discounts to people who carry more than one policy such as combining an auto and homeowners policy. Discounts can add up to five, ten or even twenty percent. Even though this discount sounds good, you still need to comparison shop to make sure you are getting the best deal. You may still find a better deal by buying insurance from more than one company.
  • Frequent auto insurance claims increase rates – Insurance companies provide better rates to policyholders who do not rely on their insurance for small claims. If you file claims often, you can expect higher rates. Auto insurance is designed for major claims that would cause financial hardship.
  • Liability coverage is cheap – Your policy’s liability coverage is the protection if ever a jury decides you are liable for causing damage or personal injury in an accident. It will provide legal defense coverage which can be incredibly expensive. This coverage is very inexpensive as compared to coverage for physical damage, so drivers should carry high limits.
  • Occupation reflects on rates – Jobs such as judges, social workers and stock brokers tend to have the highest rates in part from high stress and lots of time spent at work. On the other hand, professions such as farmers, students and the unemployed receive lower rates on Accord insurance.
  • Mature drivers pay less – Older drivers are more cautious drivers, tend to file fewer claims and receive fewer citations. Youthful drivers are known to get distracted easily behind the wheel and because of this, their auto insurance rates are much higher.
  • Your car’s features help determine rates – Purchasing a vehicle that has an advanced theft prevention system can help bring down rates. Anti-theft devices like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all aid in stopping auto theft.

How much can you save with discounts?

Companies offering auto insurance do not advertise every discount very clearly, so we took the time to find some of the more common as well as the least known ways to save on insurance. If you’re not getting every credit possible, you’re just leaving money on the table.

  • Memberships – Being a member of a professional or civic organization could qualify you for a break on insurance on Accord insurance.
  • Own a Home – Owning a house can save you money because maintaining a house shows financial diligence.
  • Student in College – Kids in college living away from home attending college and do not have access to a covered vehicle can receive lower rates.
  • Accident Forgiveness – Certain companies permit an accident without raising rates as long as you don’t have any claims for a set time period.
  • Anti-lock Brakes – Cars that have steering control and anti-lock brakes are safer to drive and earn discounts up to 10%.
  • Sign Early and Save – A few companies offer discounts for switching to them before your current expiration date. It can save you around 10%.
  • Defensive Driving Course – Taking a driver safety course could possibly earn you a 5% discount and easily recoup the cost of the course.
  • Use Seat Belts – Using a seat belt and requiring all passengers to wear their seat belts could cut 10% or more off the personal injury premium cost.
  • Paperless Signup – A few companies will discount your bill up to fifty bucks for buying a policy and signing up on their website.
  • Discounts for Safe Drivers – Insureds without accidents can pay as much as 50% less on Accord insurance than drivers with accident claims.

As a disclaimer on discounts, most discounts do not apply the the whole policy. Most only cut specific coverage prices like comprehensive or collision. Just because you may think all those discounts means the company will pay you, companies don’t profit that way.

A partial list of companies who might offer these discounts include:

Before buying, ask every prospective company which discounts you may be entitled to. Some discounts might not be offered in your area.

How much car insurance do I need?

When choosing coverage, there really is no cookie cutter policy. Everyone’s needs are different and your policy should reflect that. For instance, these questions can aid in determining if your situation might need an agent’s assistance.

  • Does my policy cover my teen driver if they drive my company car?
  • Do I have newly-aquired coverage?
  • Are my tools covered if they get stolen from my vehicle?
  • Am I covered by my spouse’s policy after a separation?
  • Why does it cost so much to insure a teen driver?
  • Can I rate high risk drivers on liability-only vehicles?
  • What is roadside assistance coverage?

If you don’t know the answers to these questions then you might want to talk to a licensed insurance agent. To find lower rates from a local agent, complete this form or you can go here for a list of companies in your area. It is quick, free and can help protect your family.

Car insurance coverages for a 2010 Honda Accord

Understanding the coverages of your policy can be of help when determining which coverages you need at the best deductibles and correct limits. Policy terminology can be ambiguous and coverage can change by endorsement. Listed below are the normal coverages found on the average auto insurance policy.

Liability auto insurance – This protects you from damage or injury you incur to other people or property by causing an accident. It protects you from claims by other people. Liability doesn’t cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You might see liability limits of 100/300/100 that means you have a limit of $100,000 per injured person, $300,000 for the entire accident, and a total limit of $100,000 for damage to vehicles and property.

Liability coverage protects against claims like pain and suffering, court costs, legal defense fees and medical services. The amount of liability coverage you purchase is up to you, but buy as large an amount as possible.

Comprehensive coverage (or Other than Collision) – Comprehensive insurance pays to fix your vehicle from damage from a wide range of events other than collision. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things such as hitting a bird, hail damage, falling objects, damage from a tornado or hurricane and vandalism. The maximum amount your auto insurance company will pay is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Uninsured Motorist or Underinsured Motorist insurance – Your UM/UIM coverage gives you protection from other drivers when they do not carry enough liability coverage. Covered losses include hospital bills for your injuries as well as damage to your Honda Accord.

Due to the fact that many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage should not be overlooked.

Collision coverage – This coverage pays for damage to your Accord from colliding with another car or object. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims such as crashing into a ditch, damaging your car on a curb, driving through your garage door, colliding with another moving vehicle and colliding with a tree. Collision coverage makes up a good portion of your premium, so you might think about dropping it from older vehicles. You can also bump up the deductible to get cheaper collision coverage.

Insurance for medical payments – Coverage for medical payments and/or PIP kick in for expenses such as chiropractic care, nursing services, doctor visits, funeral costs and surgery. They can be used to cover expenses not covered by your health insurance program or if you lack health insurance entirely. It covers all vehicle occupants and also covers getting struck while a pedestrian. PIP coverage is not an option in every state and may carry a deductible

Quote often and quote early

When buying insurance coverage, you should never reduce coverage to reduce premium. There are too many instances where consumers will sacrifice uninsured motorist or liability limits only to find out that their decision to reduce coverage ended up costing them more. The aim is to purchase a proper amount of coverage at the best price while still protecting your assets.

We just showed you many ideas to get a better price on 2010 Honda Accord insurance. The key thing to remember is the more rate quotes you have, the better chance you’ll have of finding lower rates. Consumers may even find the lowest premiums are with a company that doesn’t do a lot of advertising. These companies may cover specific market segments cheaper than their larger competitors like State Farm or Progressive.

Additional detailed information is available in these articles: