1993 Honda Accord Insurance Cost

If you are new to getting insurance coverage quotes online, it’s easy to be confused by the vast assortment local agents and online companies all claiming to have the lowest rates.

If you are paying for car insurance now, you stand a good chance to be able to lower your premiums substantially using these tips. The purpose of this article is to introduce you to how to effectively get price quotes and some tricks to saving. But vehicle owners must learn the way companies sell insurance online.

Why informed consumers pay less for Honda Accord insurance

The best way to find cheaper insurance coverage is to take a look at the rating factors that play a part in calculating your policy premiums. If you have some idea of what impacts premium levels, this enables you to make decisions that could help you find big savings. Multiple criteria are used when premium rates are determined. Some of the criteria are obvious such as your driving history, but some are not as apparent like your vehicle usage or how financially stable you are.

The items below are a partial list of the pieces used by insurance companies to determine premiums.

• Where you reside plays a part – Choosing to live in small towns and rural areas is a good thing when it comes to insurance coverage. Fewer people translates into fewer accidents. People in densly populated areas regularly have traffic congestion and a longer drive to work. More time on the road statistically corresponds to a higher accident and claim rate.
• Proper usage rating affects premiums – The more you drive in a year’s time the more you’ll pay to insure your vehicle. The majority of insurers price each vehicle’s coverage based upon how the vehicle is primarily used. Cars and trucks that sit idle most of the time qualify for better rates than vehicles that are driven to work every day. A policy that improperly rates your Accord may be costing you. Verify your insurance coverage coverage reflects the right rating data, because it can save money.
• Limits of liability coverage – The liability coverage on your policy kicks in in the event that you are responsible for an accident. This coverage provides you with a defense in court which can be incredibly expensive. Liability insurance is quite affordable compared to other policy coverages, so do not cut corners here.
• Save money with high credit – An insured’s credit score is a big factor in calculating your insurance coverage rates. Insureds that have high credit ratings tend to file fewer claims and have better driving records than drivers who have lower ratings. If your credit rating leaves room for improvement, you could pay less to insure your 1993 Honda Accord by improving your credit score.
• Lower rates come with age – Older drivers are shown to be more cautious, cause fewer claims and accidents and receive fewer citations.Young drivers are known to be inattentive and easily distracted when driving with friends therefore insurance coverage rates are much higher.

Shop insurance online

Most larger insurance companies allow you to get pricing on their websites. Getting quotes is fairly straightforward as you simply type in the coverages you want as detailed in the form. When complete, the system requests your driving record and credit report and generates a price.

Being able to quote online streamlines rate comparisons, but having to visit each company’s website and repetitively enter the same data into a form can be a bit repetitive. But it is imperative to have as many quotes as possible in order to find the lowest insurance rates.

The quickest way to compare rates uses one form that gets prices from multiple companies. It’s a real time-saver, requires less work, and makes online price comparison much more enjoyable and efficient. Immediately after you send the form, it gets priced with multiple companies and you can pick any of the pricing results.

If you find a better price it’s easy to complete the application and buy the new coverage. This process takes 15 minutes at the most and you will find out if you’re overpaying now.

If you want to compare rates now, click here to open in new window and enter your information. If you currently have coverage, we recommend you type in identical to your current policy. This ensures you will be getting an apples-to-apples comparison based on similar coverages.

Do you really save 40% when you switch?

Auto insurance companies such as State Farm, Allstate and Geico continually stream ads on television and other media. All the ads state the claim about saving some big amount just by switching to them. How is it plausible that every one can make almost identical claims? Just pay attention to how they say it.

Insurance companies offer their best rates for the type of driver that will add to their bottom line. One example of this type of driver might have to be between 30 and 50, has other policies, and drives a lower-performance vehicle. A customer getting a price quote that matches those criteria gets the lowest car insurance rates and will probably save money with a new company.

Consumers who do not fit these standards will have to pay a higher premium and ends up with the customer buying from a different company. The trick companies use is to say “drivers that switch” not “everybody who quotes” can get the lowest rates when switching. That’s the way insurance companies can claim big savings.

Because every company is different, you should get as many free insurance coverage quotes as possible. You cannot predict with any certainty which company will be your best fit.

Insurance companies offer many discounts

Insurance can be prohibitively expensive, but you may qualify for discounts that you may not even be aware of. Many of these discounts will be applied automatically at the time of quoting, but less common discounts must be specially asked for prior to getting the savings. If you do not check that you are getting every discount you deserve, you’re paying more than you need to.

• Homeowners Pay Less – Owning a house may earn you a small savings because owning a home demonstrates responsibility.
• Paper-free Discount – Many larger companies provide a small discount for completing your application on their website.
• No Charge for an Accident – Not necessarily a discount, but companies like Allstate and State Farm may permit one accident before hitting you with a surcharge so long as you haven’t had any claims for a set time period.
• Renewal Discounts – A few insurance companies allow discounts for switching companies before your current policy expires. This discount can save up to 10%.
• Multi-line Discount – Larger insurance carriers have a small discount if you purchase a life insurance policy as well.
• Seat Belt Discounts – Drivers who always wear seat belts and also require passengers to use a seat belt can save 10% or more off PIP or medical payments premium.
• Payment Method – By making one initial payment instead of monthly or quarterly installments you could save up to 5%.
• ABS and Traction Control Discounts – Cars that have anti-lock braking systems have fewer accidents and will save you 10% or more.
• Low Mileage – Keeping the miles down on your Honda may enable drivers to earn lower insurancerates on the low mileage vehicles.

As a disclaimer on discounts, some of the credits will not apply to all coverage premiums. Most only cut specific coverage prices like medical payments or collision. So even though it sounds like you can get free auto insurance, companies wouldn’t make money that way.

Larger insurance companies and a partial list of their discounts are:

• Geico has savings for emergency military deployment, seat belt use, five-year accident-free, defensive driver, multi-policy, and membership and employees.
• Mercury Insurance has discounts for multi-policy, age of vehicle, ease of repair, good driver, and type of vehicle.
• Farmers Insurance offers premium reductions for teen driver, good student, homeowner, electronic funds transfer, and pay in full.
• Auto-Owners Insurance may have discounts that include safe vehicle, multi-policy, mature driver, multiple vehicles, company car, and group or association.
• Liberty Mutual includes discounts for newly married, exclusive group savings, good student, hybrid vehicle, and teen driver discount.
• SAFECO offers discounts including multi-car, bundle discounts, safe driver, teen safe driver, anti-theft, drive less, and anti-lock brakes.
• Progressive discounts include homeowner, continuous coverage, good student, multi-vehicle, and online quote discount.
• USAA policyholders can earn discounts including annual mileage, driver training, multi-policy, safe driver, loyalty savings, defensive driver, and multi-vehicle.

If you need lower rates, check with all the companies which discounts you may be entitled to. Some of the discounts discussed earlier may not be offered everywhere. To locate insurers that offer multiple discounts, click here to view.

Do I just need basic coverages?

When it comes to choosing coverage for your vehicles, there isn’t really a single plan that fits everyone. Every insured’s situation is different.

These are some specific questions could help you determine if you will benefit from professional help.

• Is my camper covered by my car insurance policy?
• Is rental equipment covered for theft or damage?
• Are all vehicle passengers covered by medical payments coverage?
• What exactly is covered by my policy?
• What is roadside assistance coverage?
• Does coverage extend to my business vehicle?
• Is a fancy paint job covered?
• Do I need motorclub coverage?
• Why is insurance for a teen driver so high?
• How can I get high-risk coverage after a DUI?

If you don’t know the answers to these questions but a few of them apply, you may need to chat with an insurance agent. To find lower rates from a local agent, take a second and complete this form.

Car insurance coverage considerations

Having a good grasp of car insurance aids in choosing the best coverages and proper limits and deductibles. Car insurance terms can be difficult to understand and coverage can change by endorsement.

Uninsured/Underinsured Motorist (UM/UIM)

Your UM/UIM coverage protects you and your vehicle’s occupants from other motorists when they do not carry enough liability coverage. This coverage pays for injuries sustained by your vehicle’s occupants and also any damage incurred to your 1993 Honda Accord.

Due to the fact that many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is important protection for you and your family. Usually your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.

Comprehensive insurance

Comprehensive insurance coverage pays to fix your vehicle from damage from a wide range of events other than collision. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive can pay for things like a tree branch falling on your vehicle, falling objects, fire damage and hitting a bird. The maximum amount your car insurance company will pay is the ACV or actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Med pay and Personal Injury Protection (PIP)

Coverage for medical payments and/or PIP pay for bills for prosthetic devices, X-ray expenses, rehabilitation expenses, surgery and EMT expenses. They are often used to fill the gap from your health insurance policy or if you are not covered by health insurance. They cover not only the driver but also the vehicle occupants and also covers any family member struck as a pedestrian. PIP coverage is not universally available and may carry a deductible

Collision coverage protection

This coverage will pay to fix damage to your Accord caused by collision with an object or car. You have to pay a deductible then your collision coverage will kick in.

Collision can pay for things such as damaging your car on a curb, hitting a mailbox and colliding with another moving vehicle. This coverage can be expensive, so consider dropping it from older vehicles. It’s also possible to increase the deductible to get cheaper collision coverage.

Liability insurance

Liability insurance provides protection from injuries or damage you cause to a person or their property that is your fault. This insurance protects YOU from claims by other people. It does not cover your injuries or vehicle damage.

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

Liability coverage protects against claims like repair costs for stationary objects, medical services, structural damage and medical expenses. The amount of liability coverage you purchase is a decision to put some thought into, but you should buy as high a limit as you can afford.

Be a penny pincher

Drivers change insurance companies for a number of reasons such as extreme rates for teen drivers, an unsatisfactory settlement offer, poor customer service and even lack of trust in their agent. It doesn’t matter why you want to switch finding a new company is not as hard as you think.

Discount 1993 Honda Accord insurance can be purchased both online and from local agencies, so you should compare both to have the best rate selection. Some insurance providers do not offer price quotes online and these smaller companies only sell through local independent agencies.

When you buy insurance coverage online, it’s very important that you do not buy lower coverage limits just to save a few bucks. In many instances, an insured cut liability limits or collision coverage and learned later that the savings was not a smart move. Your focus should be to purchase a proper amount of coverage at the lowest possible cost, but do not skimp to save money.

To read more, take a look at the resources below:

• How to Avoid Common Accidents (State Farm)
• What Insurance is Cheapest for a Honda Accord in Boston? (BostonAutoGuard.com)
• Airbag FAQ (iihs.org)
• Side Impact Crash Tests (iihs.org)
• Red Light Cameras (State Farm)
• Auto Theft Statistics (Insurance Information Insitute)
• Auto Insurance FAQ (Farmers Insurance)