Compare 1997 Honda Accord Insurance Cost

Do you get exhausted from scraping the payment together to pay car insurance each month? You have the same problem as most other people. Numerous insurance companies battle for your business, and because of this it can be hard to compare auto insurance companies and get the definite lowest price

Consumers need to take a look at other company’s rates every six months because prices are rarely the same from one policy term to another. If you had the lowest quotes on Accord insurance a year ago there is a good chance you can find better rates now. Block out anything you think you know about car insurance because I’m going to let you in on the secrets to one of the best ways to find the best coverage while lowering your premiums.

If you have a policy now or are looking for a new policy, you can use this information to shop for the lowest rates and possibly find even better coverage. Finding the best rates is quite easy. Vehicle owners only need an understanding of the tricks to compare price quotes online.

What determines Honda Accord insurance costs?

Many different elements are used in the calculation when pricing auto insurance. Some are pretty understandable such as your driving history, although some other factors are not quite as obvious like your continuous coverage and annual miles driven.

The itemized list below are most of the major factors used by companies to determine premiums.

  • Save miles driven and save money – The higher the miles on your Honda every year the more you will pay for auto insurance. A lot of insurance companies charge rates based upon how much you drive. Cars and trucks that do not get driven very much can get a lower rate than vehicles that are driven to work every day. Having the wrong rating on your Accord may be costing you. Ask your agent if your auto insurance policy is rated on the correct driver usage, because it can save money.
  • Cheap auto insurance rates for being claim-free – Auto insurance companies provide the best rates to drivers who are claim-free. If you’re an insured who likes to file claims you can definitely plan on higher rates. Auto insurance is meant to be used in the event of claims that you cannot pay yourself.
  • Alarms and GPS tracking lower premiums – Purchasing a vehicle with advanced anti-theft systems can get you a discount on your auto insurance. Advanced theft deterrents such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all help stop car theft and help bring rates down.
  • Higher comp and collision deductibles are cheaper – Physical damage deductibles are the amount of money the insured will be required to pay before a claim is paid by your company. Physical damage protection, aka comp and collision, insures against damage to your car. Some examples of claims that would be covered are rearending another vehicle, damage caused by hail, and damage caused by road hazards. The larger the amount the insured is willing to pay, the bigger discount you will receive on Accord insurance.
  • Where you call home can affect costs – Choosing to live in less populated areas of the country can save you money when buying auto insurance. Urban drivers have more auto accidents and higher rates of accident claims. Less people means a lower chance of having an accident as well as less vandalism and auto theft.
  • Lower rates for safer vehicles – Safer cars cost less to insure. The safest vehicles reduce injuries and lower injury rates translates into savings for insurance companies passed on to you as lower rates. If your Honda Accord scored at minimum an “acceptable” rating on the Insurance Institute for Highway Safety website you may qualify for a discount.

More affordable rates with these insurance coverage discounts

The price of auto insurance can be rather high, but you may qualify for discounts that could help you make your next renewal payment. Some trigger automatically when you quote, but some need to be inquired about in order for you to get them.

  • Auto/Home Discount – If you insure your home and vehicles with the same company you could get a discount of at least 10% off all policies.
  • Low Miles Discount – Maintaining low annual mileage can qualify you for slightly better insurance coveragerates than normal.
  • Club Memberships – Being a member of a civic or occupational organization may earn a discount on your next insurance coverage statement.
  • Telematics Data – Insureds who allow driving data collection to study their driving habits by using a telematics device in their vehicle such as Allstate’s Drivewise and State Farm’s In-Drive system might get better premium rates if they show good driving skills.
  • Accident Waiver – This one is not really a discount per se, but companies like State Farm, Progressive and Geico permit an accident without the usual rate increase if your claims history is clear for a certain period of time.

A little note about advertised discounts, most discount credits are not given to the overall cost of the policy. Most only apply to the price of certain insurance coverages like comp or med pay. So when it seems like it’s possible to get free car insurance, it’s just not the way it works.

A list of insurance coverage companies and some of the premium reductions they offer are outlined below.

  • Progressive has discounts for homeowner, good student, online signing, multi-vehicle, and continuous coverage.
  • The Hartford offers discounts including anti-theft, defensive driver, driver training, vehicle fuel type, air bag, and good student.
  • Mercury Insurance has savings for low natural disaster claims, annual mileage, good student, multi-policy, multi-car, accident-free, and good driver.
  • Geico includes discounts for seat belt use, daytime running lights, multi-vehicle, air bags, multi-policy, and membership and employees.
  • AAA offers discounts for pay-in-full, AAA membership discount, good driver, multi-car, and multi-policy.
  • State Farm discounts include good driver, Drive Safe & Save, driver’s education, passive restraint, multiple policy, and Steer Clear safe driver discount.

Before you buy a policy, ask every prospective company what discounts are available to you. Some discounts listed above may not apply in your area.

Car insurance can get complicated

When choosing proper insurance coverage for your vehicles, there really is no perfect coverage plan. Each situation is unique so your insurance needs to address that. These are some specific questions may help you determine whether or not you would benefit from professional advice.

  • Is pleasure use cheaper than using my 1997 Honda Accord to commute?
  • Does my liability insurance cover pulling a trailer or camper?
  • Is my nanny covered when driving my vehicle?
  • Am I insured when driving a different vehicle?
  • Do I need roadside assistance coverage?
  • Will my vehicle be repaired with OEM or aftermarket parts?
  • When does my teenage driver need to be added to my policy?

If you’re not sure about those questions but one or more may apply to you, you might consider talking to a licensed agent. If you want to speak to an agent in your area, simply complete this short form or you can also visit this page to select a carrier It’s fast, free and can provide invaluable advice.

Specific coverages for a 1997 Honda Accord

Knowing the specifics of your insurance policy can help you determine which coverages you need at the best deductibles and correct limits. Insurance terms can be ambiguous and even agents have difficulty translating policy wording. Below you’ll find typical coverages available from insurance companies.

Comprehensive insurance

Comprehensive insurance pays to fix your vehicle from 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 coverage protects against things such as hitting a deer, fire damage and damage from a tornado or hurricane. The maximum payout your insurance company will pay is the actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage provides protection from other motorists when they either are underinsured or have no liability coverage at all. This coverage pays for medical payments for you and your occupants as well as your vehicle’s damage.

Because many people only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Usually the UM/UIM limits are identical to your policy’s liability coverage.

Collision coverage

Collision coverage pays for damage to your Accord resulting from colliding with an object or car. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision can pay for things such as sideswiping another vehicle, crashing into a building, hitting a parking meter and rolling your car. Collision is rather expensive coverage, so consider removing coverage from older vehicles. Another option is to increase the deductible in order to get cheaper collision rates.

Liability auto insurance

This coverage can cover damage that occurs to people or other property. This coverage protects you against other people’s claims, and doesn’t cover damage sustained by your vehicle in an accident.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see values of 100/300/100 that means you have a limit of $100,000 per injured person, a total of $300,000 of bodily injury coverage per accident, and a limit of $100,000 paid for damaged property. Occasionally you may see one number which is a combined single limit which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability coverage protects against things like attorney fees, medical expenses, court costs and repair costs for stationary objects. How much liability should you purchase? That is your choice, but it’s cheap coverage so purchase as high a limit as you can afford.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage pay for short-term medical expenses for things like doctor visits, hospital visits and funeral costs. The coverages can be used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. It covers both the driver and occupants and will also cover getting struck while a pedestrian. PIP coverage is not available in all states and may carry a deductible

Be a money saver!

Budget-friendly insurance is available online and from local insurance agents, so you should compare both to have the best selection. Some insurance providers do not offer price quotes online and these regional carriers work with independent insurance agencies.

We covered a lot of techniques to get a better price on 1997 Honda Accord insurance. The key thing to remember is the more companies you get premium rates for, the better your chances of lowering your premium rates. You may even discover the lowest car insurance rates are with some of the smallest insurance companies. Smaller companies may have significantly lower premium rates on certain market segments as compared to the big name companies such as State Farm and Allstate.

Additional information can be found on the following sites:

Comments About 1997 Honda Accord Insurance

  1. Mercedez Patrick

    When do I drop full coverage?

  2. Veola Miranda

    I’m in the suburbs of Portland, OR. Quoted prices from Safeco, Farmers, State Farm, and AIG Insurance for my 1997 Honda Accord and saved $70 a year. Left Hanover to switch. Bought it from an online quote.

  3. Alane Donovan

    Cheap is not always the best policy. I’m in Newark, NJ. I quoted with State Farm, American Family, and Encompass for my Honda and I think I saved about $20 each month. I got a quote from their website. Not worth enough to pay for comprehensive and collision.

  4. Shondra Thomas

    Does 21st Century do SR22s in Nebraska?

  5. Pia Guzman

    Does Progressive do SR22s in Virginia?

  6. Damian Thornton

    Enjoyed the article. I live just outside Concord, NH. Quoted with Auto-Owners, Sentry, and Travelers for my 1997 Honda Accord and saved $72 a year. I got prices on the web. It’s only liability tho.

  7. Ceola Holder

    Does State Farm use ACV or replacement cost?

  8. Leota Howell

    Got a quote with Liberty Mutual for my 1997 Honda Accord and am saving around $100 a year. Was with 21st Century. It’s still not cheap enough.

  9. Cuc Johnston

    Anyone compare GEICO and State Farm rates in Norfolk, Virginia?

  10. Alex Farmer

    Thanks for putting this site together. Found cheapest coverage with 21st Century for my Accord and saved around $80 a year. LOL

  11. Eli Nielsen

    Here’s what I found out. I live east of Pittsburgh, Pennsylvania. I quoted with Nationwide, Esurance, Progressive, and AAA for my 1997 Honda Accord and I think I saved about $30 each month. Left American Family to switch. I think they have home insurance too. I don’t put full coverage on it.

  12. Augustus Hood

    Any GEICO or Esurance customers near Missoula, MT?

  13. Steve Hardin

    It all costs too much. Went with Western Auto Insurance for my 1997 Honda Accord and am saving around $70 a year.

  14. Alton Haynes

    I’m in Hilo, HI, and Progressive rates were affordable. I get a discount for insuring multiple vehicles. Might find lower rates online.