2006 Honda Accord Insurance Quotes

No one in their right mind fancies paying their premiums for insurance, especially knowing their premiums are too high.

Having so many choices of insurance companies, it is very difficult to pick the most affordable insurance company.

Choosing the best insurance company for you is easy if you know what you’re doing. If you are paying for car insurance now, you will most likely be able to save some money using this strategy. Nevertheless, consumers do need to learn how big insurance companies price online insurance and take advantage of how the system works.

Pay discount rates these rate-reducing discounts

Insurance can be prohibitively expensive, but companies offer discounts that may help make it more affordable. A few discounts will automatically apply when you get a quote, but occassionally some discounts must be requested specifically before you will receive the discount. If you’re not getting every credit possible, you could be paying more than you need to.

• Fewer Miles Equal More Savings – Driving less may enable drivers to earn lower prices on the low mileage vehicles.
• Switch and Save Discount – Some larger companies give discounts for signing up before your current coverage expires. It can save you around 10%.
• Government Employees – Federal government employees may qualify for a discount when you quote insurance on Accord insurance with a few auto insurance companies.
• Full Payment Discount – If paying your policy premium upfront instead of making monthly payments you can avoid the installment charge.
• Cautious Driver Discount – Safe drivers can pay as much as 50% less on Accord insurance compared to accident prone drivers.
• Good Students Pay Less – Being a good student can be rewarded with saving of up to 25%. This discount can apply until age 25.
• Save over 55 – Older drivers can get a small decrease in premiums on Accord insurance.
• Military Deployment Discount – Being deployed with a military unit could be rewarded with lower rates.
• Accident Free – Insureds with no claims or accidents pay much less when compared to drivers who are more careless.

Please keep in mind that some credits don’t apply to the entire cost. Some only apply to the cost of specific coverages such as collision or personal injury protection. So despite the fact that it appears you would end up receiving a 100% discount, it’s just not the way it works.

A list of companies and the discounts they provide can be read below.

• State Farm discounts include accident-free, driver’s education, good student, defensive driving training, Drive Safe & Save, safe vehicle, and good driver.
• Farmers Insurance includes discounts for business and professional, homeowner, good student, multi-car, and distant student.
• Progressive policyholders can earn discounts including homeowner, multi-vehicle, good student, online quote discount, online signing, multi-policy, and continuous coverage.
• Geico may offer discounts for good student, air bags, military active duty, multi-policy, federal employee, and multi-vehicle.
• Auto-Owners Insurance offers discounts for multi-policy, mature driver, air bags, multiple vehicles, group or association, student away at school, and teen driver.
• The Hartford offers premium reductions for air bag, anti-theft, good student, vehicle fuel type, and bundle.
• Farm Bureau has savings for driver training, safe driver, good student, 55 and retired, and multi-policy.
• USAA may have discounts that include annual mileage, multi-policy, military installation, good student, defensive driver, and driver training.

When getting a coverage quote, ask each company or agent how you can save money. Some discounts listed above may not apply to policies everywhere. To view companies that offer some of these discounts, click this link.

Compare insurance coverage rates

Most larger insurance companies like Geico, State Farm and Progressive make it easy to get price estimates on the web. Doing online price comparisons is pretty easy as you simply type in as detailed in the form. Upon sending the form, their system pulls your credit score and driving record and returns a price quote based on many factors. Online price estimates streamlines rate comparisons, but the time it takes to visit many different websites and fill out multiple forms is a big time waster. But it’s very important to perform this step if you are searching for the lowest insurance coverage rates.

A quicker way to compare rates uses one simple form that analyzes rates from multiple companies. This type of form saves time, eliminates form submissions, and makes rate comparisons a little more enjoyable. Immediately after you send the form, it is quoted and you can select any or none of the quotes returned. If you find a better price you can click and sign and purchase coverage. It only takes a few minutes and you will find out if you’re overpaying now.

To save time and get comparison pricing now, simply click here to open in new window and begin entering your coverage information. To compare your current rates, we recommend you duplicate coverages and limits identical to your current policy. This way, you will receive rate quotes for exact coverage.

How car insurance companies determine Honda Accord insurance costs

When buying insurance coverage it’s important to understand some of the elements that come into play when calculating your insurance coverage rates. If you have some idea of what determines base rates, this helps enable you to make changes that may result in better insurance coverage rates. Many different elements are part of the calculation when premium rates are determined. Some are pretty understandable like an MVR report, but others are less apparent like where you live or how safe your car is.

Listed below are some of the items that factor into your prices.

• Gender and car insurance prices – Statistics have proven that females tend to be a little less risky than males. However, don’t assume that men are WORSE drivers than women. Men and women get in at-fault accidents in similar numbers, but males tend to have higher claims. They also get ticketed for serious violations such as driving while intoxicated (DWI) or driving recklessly.
• Limits of liability coverage – Liability insurance kicks in when a court rules you are at fault for damages caused by your negligence. Your policy’s liability insurance provides legal defense coverage to defend your case. This coverage is very inexpensive when compared to the cost of physical damage coverage, so drivers should buy more than the minimum limits required by law.
• Put fewer miles on your vehicle – The more miles you rack up on your Honda every year the higher the price you pay to insure it. Many insurance companies charge to insure your cars based upon how the vehicle is primarily used. Cars and trucks that have low annual miles receive lower rates than those used for commuting. Verify your insurance coverage policy correctly shows annual mileage. Incorrect rating for your Accord is just wasting money.
• Insure your auto and home with one company – Most insurers will give better rates to customers who carry more than one policy in the form of a multi-policy discount. Even if you’re getting this discount it’s always a smart idea to comparison shop to verify if the discount is saving money.
• Younger drivers pay more – Teen drivers are statistically proven to be easily distracted with other occupants in the car therefore insurance coverage rates are much higher. Parents adding a inexperienced driver onto your insurance coverage can cause a big jump in price. Older, more experienced drivers are viewed as being more responsible, cause fewer claims and accidents and get fewer tickets.
• Bad credit hurts insurance costs – Having a bad credit score can be an important factor in determining what you pay. If your credit is not that good, you could save money insuring your 2006 Honda Accord by taking the time to improve your credit score. Drivers with excellent credit tend to file fewer claims than drivers who have lower ratings.
• Cut premiums and deter theft – Buying a car with a theft deterrent system can get you a discount on your insurance coverage. Advanced theft deterrents such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all aid in stopping vehicle theft.

Do I need special coverages?

When buying proper insurance coverage for your personal vehicles, there isn’t really a best way to insure your cars. Everyone’s situation is a little different so your insurance needs to address that. For example, these questions may help you determine whether or not you might need professional guidance.

• Does my medical payments coverage pay my health insurance deductible?
• Are rock chip repairs covered?
• How do I file an SR-22 for a DUI in my state?
• When can I cancel my policy?
• Do I have coverage when making deliveries for my home business?
• Is my state a no-fault state?
• Is a new car covered when I drive it off the dealer lot?

If you don’t know the answers to these questions, you might consider talking to a licensed insurance agent. To find an agent in your area, fill out this quick form or you can go here for a list of companies in your area.

Why you might not save $396 a year

Big name companies like Geico, State Farm and Progressive constantly bombard you with ads on television and other media. All the companies have a common claim about saving some big amount just by moving to them. How does every company offer drivers better rates? It’s all in the wording.

All the different companies give the cheapest rates for the type of customer that earns them a profit. For example, this type of risk profile might be a married male, has other policies, and has a short commute. Any new insured who matches those parameters will get low car insurance rates and will probably cut their rates if they switch.

People who do not meet the “perfect” profile will probably have to pay higher rates and ends up with the customer buying from a different company. The wording the ads use say “customers who switch” but not “everyone who gets a quote” will save that much if they switch. That’s why insurance companies can confidently make it sound like they have such great rates. This really emphasizes why you absolutely need to compare free insurance quotes often. It is impossible to predict which company will provide you with the cheapest prices.

Insurance specifics

Knowing the specifics of your policy aids in choosing the right coverages at the best deductibles and correct limits. Insurance terms can be confusing and coverage can change by endorsement. Below you’ll find typical coverages offered by insurance companies.

Collision coverage

Collision insurance covers damage to your Accord from colliding with another vehicle or an object, but not an animal. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for claims such as damaging your car on a curb, colliding with a tree and driving through your garage door. Collision is rather expensive coverage, so consider dropping it from lower value vehicles. It’s also possible to raise the deductible to bring the cost down.

Comprehensive coverage (or Other than Collision)

Comprehensive insurance pays for damage OTHER than collision with another vehicle or object. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims like damage from a tornado or hurricane, hitting a bird, fire damage, falling objects and theft. The most you can receive from a comprehensive claim is the cash value of the vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

Insurance for medical payments

Coverage for medical payments and/or PIP provide coverage for expenses for things like prosthetic devices, pain medications, surgery and X-ray expenses. They are used to fill the gap from your health insurance policy or if you lack health insurance entirely. Coverage applies to not only the driver but also the vehicle occupants in addition to any family member struck as a pedestrian. PIP coverage is not available in all states but it provides additional coverages not offered by medical payments coverage

Liability auto insurance

This coverage provides protection from damage that occurs to other’s property or people that is your fault. This insurance protects YOU from legal claims by others, and does not provide coverage for your injuries or vehicle damage.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see limits of 50/100/50 that means you have $50,000 in coverage for each person’s injuries, $100,000 for the entire accident, and a total limit of $50,000 for damage to vehicles and property.

Liability coverage protects against claims such as medical services, attorney fees and loss of income. How much liability coverage do you need? That is your choice, but it’s cheap coverage so purchase as much as you can afford.

Uninsured Motorist or Underinsured Motorist insurance

This provides protection from other motorists when they either have no liability insurance or not enough. Covered claims include injuries sustained by your vehicle’s occupants and damage to your Honda Accord.

Due to the fact that many drivers have only the minimum liability required by law, their limits can quickly be used up. This is the reason having UM/UIM coverage should not be overlooked.

At the end of the day…

You just learned some good ideas how you can lower your 2006 Honda Accord insurance rates. The key concept to understand is the more quotes you get, the higher your chance of finding low cost insurance. Consumers could even find that the best rates are with a small local company. These companies may often insure only within specific states and give getter rates than the large multi-state companies such as Progressive or Geico.

When buying insurance coverage, never skimp on critical coverages to save a buck or two. There are too many instances where consumers will sacrifice collision coverage and discovered at claim time that saving that couple of dollars actually costed them tens of thousands. The proper strategy is to purchase a proper amount of coverage at the lowest possible cost, but don’t skip important coverages to save money.

A few companies may not have price quotes online and these regional insurance providers provide coverage only through independent agencies. Affordable 2006 Honda Accord insurance is available on the web and with local insurance agents, and you should compare price quotes from both in order to have the best chance of saving money.

Additional insurance information can be read on the following sites:

• Tools for Teen Driving Safety (State Farm)
• Property Damage Coverage (Liberty Mutual)
• Alcohol Impaired Driving FAQ (iihs.org)
• Rollover Crash FAQ (iihs.org)