2005 Honda Accord Insurance Rates

Want lower car insurance rates? Drivers have many options when trying to find affordable Honda Accord insurance. You can either spend your time struggling with agents to compare prices or utilize the internet to compare rates. There are more efficient ways to buy car insurance and you need to know the best way to compare rates on a Honda and obtain the lowest possible price from both online companies and local agents.

Which insurance is cheapest?

Many insurance companies like 21st Century, Allstate and State Farm provide insurance quotes directly from their websites. Doing online price comparisons doesn’t take much effort as all you need to do is type in the coverages you want into the form. When complete, the system requests your credit score and driving record and returns pricing information based on these and other factors.

Quoting online helps simplify price comparisons, but the time it takes to visit many different websites and type in the same information gets old quite quickly. But it’s also necessary to compare as many rates as possible if you want to get a lower rate.

The smarter way to find lower prices uses one simple form that analyzes rates from a bunch of companies at once. This type of form saves time, helps eliminate reptitive entry, and makes online shopping much easier. As soon as you send your information, it gets priced and you can select any or none of the quotes returned. If a lower price is quoted, it’s easy to complete the application and purchase the new policy. The whole process can be completed in less than 10 minutes and you will know how your current rates stack up.

To quickly find out what other companies charge, click here to open in new window and submit your coverage information. If you currently have coverage, we recommend you copy as shown on your current policy. This helps ensure you are getting rate quotes based on the exact same insurance coverage.

Auto insurance policy discounts you can’t miss

Insurance can be prohibitively expensive, but you may find discounts that many consumers don’t even know exist. Some trigger automatically at the time of purchase, but some must be asked about before being credited.

• Safety Course Discount – Successfully completing a class that teaches safe driver techniques can save you 5% or more and easily recoup the cost of the course.
• ABS Brakes – Cars that have anti-lock braking systems are much safer to drive and will save you 10% or more.
• Accident Forgiveness – This one isn’t a discount, but companies like State Farm, Progressive and Geico will forgive one accident before hitting you with a surcharge if your claims history is clear for a set time period.
• Include Life Insurance and Save – Companies who offer life insurance give a break if you buy a life policy as well.
• Telematics Data Discounts – Insureds that choose to allow their company to spy on driving patterns by using a small device installed in their vehicle like Drivewise from Allstate or In-Drive from State Farm may see discounts if they are good drivers.
• Paperless Signup – A handful of larger companies will give a small break for buying a policy and signing up digitally online.
• New Car Discount – Buying auto insurance coverage on a new vehicle can get you a discount since new vehicles have better safety ratings.
• Early Switch Discount – A few companies offer discounts for switching to them before your current policy expires. You could save around 10% when you buy insurance coverage online.

As a disclaimer on discounts, most of the big mark downs will not be given to the entire cost. Most only cut the cost of specific coverages such as liability and collision coverage. Even though the math looks like you would end up receiving a 100% discount, insurance companies wouldn’t stay in business. Any qualifying discounts will help lower your policy premium.

A few popular companies and some of the discounts can be read below.

• Progressive may include discounts for online quote discount, continuous coverage, homeowner, good student, multi-policy, and online signing.
• MetLife offers discounts including claim-free, accident-free, good student, defensive driver, and good driver.
• Mercury Insurance offers premium reductions for age of vehicle, annual mileage, multi-car, anti-theft, low natural disaster claims, good student, and type of vehicle.
• Nationwide has discounts for easy pay, anti-theft, family plan, defensive driving, Farm Bureau membership, and good student.
• Geico includes discounts for military active duty, air bags, emergency military deployment, good student, anti-theft, federal employee, and seat belt use.
• AAA may have discounts that include education and occupation, good driver, anti-theft, pay-in-full, and good student.

Check with every company how you can save money. Some discounts might not be available to policyholders in your area.

Insurance agents can help

When it comes to choosing proper insurance coverage, there is no one size fits all plan. Coverage needs to be tailored to your specific needs.

Here are some questions about coverages that may help you determine whether or not you may require specific advice.

• Does coverage extend to Mexico or Canada?
• Do I really need UM/UIM coverage?
• Should I get collision insurance on every vehicle?
• If I drive on a suspended license am I covered?
• How much liability coverage do I need in my state?
• Is my ex-spouse still covered by my policy?
• Is my nanny covered when driving my vehicle?
• Am I covered if I drive in a foreign country?
• Is upholstery damage covered by car insurance?
• Do I benefit by insuring my home with the same company?

If you’re not sure about those questions but you think they might apply to your situation, you may need to chat with an agent. If you want to speak to an agent in your area, complete this form. It’s fast, free and can help protect your family.

The coverage is in the details

Having a good grasp of insurance can help you determine the right coverages for your vehicles. Insurance terms can be ambiguous and coverage can change by endorsement.

Liability car insurance

Liability insurance will cover damage or injury you incur to people or other property. This coverage protects you from legal claims by others, and doesn’t cover your injuries or vehicle damage.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. Your policy might show policy limits of 50/100/50 that means you have a limit of $50,000 per injured person, a limit of $100,000 in injury protection per accident, and property damage coverage for $50,000.

Liability can pay for claims like emergency aid, funeral expenses, loss of income, attorney fees and pain and suffering. How much liability coverage do you need? That is up to you, but you should buy as much as you can afford.

Uninsured and underinsured coverage

Your UM/UIM coverage protects you and your vehicle when other motorists are uninsured or don’t have enough coverage. Covered losses include injuries to you and your family as well as your vehicle’s damage.

Since a lot of drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is very important.

Comprehensive coverages

This pays to fix your vehicle from damage that is not covered by collision coverage. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for things like vandalism, theft and hitting a deer. The maximum payout a insurance company will pay at claim time is the cash value of the vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Coverage for medical payments

Coverage for medical payments and/or PIP pay for immediate expenses like pain medications, chiropractic care and rehabilitation expenses. They can be used to fill the gap from your health insurance policy or if you are not covered by health insurance. They cover both the driver and occupants in addition to if you are hit as a while walking down the street. PIP coverage is not an option in every state and gives slightly broader coverage than med pay

Collision coverage protection

This covers damage to your Accord resulting from a collision with another vehicle or an object, but not an animal. You first must pay a deductible then your collision coverage will kick in.

Collision coverage pays for claims such as crashing into a ditch, rolling your car, driving through your garage door and hitting a parking meter. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are older. You can also choose a higher deductible to save money on collision insurance.