Cheaper 2011 Honda Accord Insurance Rates

Price shopping your insurance coverage can be hard for drivers who are beginners to quoting and comparing prices online. With so many insurance agents and insurers available, it can easily become a difficult mission to find more affordable prices.

It’s smart to shop coverage around as often as possible because insurance prices are adjusted regularly by insurance companies. Despite the fact that you may have had the lowest rate for Accord insurance at your last renewal you can probably find a lower rate today. Ignore everything you know about insurance coverage because I’m going to let you in on the secrets to the tricks you need to know to find great coverage at a great price.

The most recommended method to compare rates is to take advantage of the fact car insurance companies provide online access to give free rates quotes. All consumers are required to do is give them some information including how much coverage you want, marital status, if you have an active license, and driver details. The data gets sent immediately to multiple insurance coverage providers and you get price estimates immediately.

To compare rates for your 2011 Honda Accord now, click here and find out if you can get cheaper insurance.

Find hidden discounts to get affordable car insurance quotes

Properly insuring your vehicles can get expensive, but you may be missing some discounts that can dramatically reduce your bill. Certain credits will be shown when you get a quote, but a few must be manually applied before they will apply.

• Membership in Organizations – Being in certain professional organizations could qualify you for a break when getting a insurance coverage quote.
• Low Mileage – Maintaining low annual mileage could be rewarded with substantially lower premium rates.
• Discount for Good Grades – A discount for being a good student can save 20 to 25%. Many companies even apply the discount to college students up until you turn 25.
• Senior Citizen Rates – Mature drivers may be able to get better car insurance rates for Accord insurance.
• Discount for Home Ownership – Owning a home can save you money since home ownership requires a higher level of personal finance.
• Driver’s Education for Students – Teen drivers should participate in a local driver’s education class in high school.
• Government Employee Discount – Having worked for a branch of the government may reduce rates when you quote insurance coverage for Accord insurance but check with your company.
• ABS and Traction Control Discounts – Cars with ABS braking systems or traction control are much safer to drive and qualify for as much as a 10% discount.
• Claim Free – Drivers who stay claim-free pay less in comparison to drivers with a long claim history.

Discounts lower rates, but some credits don’t apply to the overall cost of the policy. Most only cut individual premiums such as comp or med pay. So when it seems like you can get free auto insurance, company stockholders wouldn’t be very happy.

A few popular companies and the discounts they provide are outlined below.

• Progressive may offer discounts for multi-policy, multi-vehicle, online quote discount, continuous coverage, online signing, good student, and homeowner.
• Geico has savings for air bags, anti-theft, five-year accident-free, membership and employees, anti-lock brakes, and multi-vehicle.
• State Farm discounts include safe vehicle, driver’s education, multiple policy, passive restraint, good student, and multiple autos.
• Esurance offers premium reductions for emergency road assistance, online quote, good student, multi-car, paid-in-full, Switch & Save, and anti-theft.
• The Hartford may include discounts for bundle, good student, air bag, defensive driver, anti-theft, and vehicle fuel type.

Before you buy a policy, ask all companies you are considering which discounts they offer. Depending on the company, some discounts might not be available to policyholders everywhere. For a list of insurance companies that offer multiple discounts, follow this link.

Eight tips to get lower-cost insurance premiums

Many things are taken into consideration when premium rates are determined. Some factors are common sense like an MVR report, but other factors are not quite as obvious like where you live or how safe your car is.Part of the car insurance buying process is learning the rating factors that go into determining the level of your policy premiums. When you know what positively or negatively controls the rates you pay, this helps enable you to make changes that will entitle you to lower rates.

Listed below are some of the things utilized by car insurance companies to help set your prices.

• Increase physical damage deductibles to save – Physical damage protection, also called comprehensive and collision insurance, insures against damage to your Honda. Some examples of claims that would be covered are a dented fender, damage caused by hail, and having your car stolen. Comp and collision deductibles state the amount of money you are required to spend if a covered claim is submitted. The higher the amount you are required to pay out-of-pocket, the lower your rates will be for Accord insurance.
• Allowing your coverage to lapse raises prices – Driving your car without having proper coverage can get you a ticket and as a result your rates will increase for letting your insurance lapse. And not only will insurance be more expensive, not being able to provide proof of insurance might get you a steep fine or even jail time. You could then be forced to provide proof of insurance in the form of an SR-22 filing with your state DMV.
• How many miles do you drive? – Driving a lot of miles annually the more you will pay for car insurance. A lot of companies charge rates based upon how you use the vehicle. Cars that sit idle most of the time receive better premium rates than cars that get driven a lot. It’s always a good idea to double check that your declarations sheet is rated on annual mileage. Having the wrong rating on your Accord is throwing money out the window.
• More traffic equals higher premiums – Choosing to live in small towns and rural areas can save you money if you are looking for the lowest rates. Lower population means a lower chance of having an accident and lower theft and vandalism rates. Urban drivers have congested traffic and higher rates of accident claims. Longer commute distances can result in more accidents.
• Cars with good safety ratings save money – Vehicles that have high safety ratings tend to have lower insurance rates. Safe vehicles have better occupant injury protection and lower rates of occupant injuries means less money paid by your insurance company and lower rates for you.
• Cheaper rates using alarm systems – Selecting a car model with a theft deterrent system can get you a discount on your car insurance. Theft prevention devices like GM’s OnStar, tamper alarm systems and vehicle immobilizers all help stop vehicle theft.
• Bad credit hurts insurance prices – Having a bad credit rating is a big factor in calculating your premium rate. Consumers who have high credit scores tend to be better risks to insure than drivers who have poor credit scores. If your credit rating can use some improvement, you may save money insuring your 2011 Honda Accord if you clean up your credit.
• Consolidate policies to earn discounts – Most major companies apply a discount to customers that have more than one policy, otherwise known as a multi-policy discount. Discounts can be ten or even fifteen percent. Even with this discount applied, it’s always a smart idea to compare other insurance prices to ensure the best deal.

Tailor your auto insurance coverage to you

When buying the right insurance coverage, there isn’t really a cookie cutter policy. Every situation is different.

Here are some questions about coverages that may help you determine whether you might need an agent’s assistance.

• Is my ex-spouse still covered by my policy?
• Should I file a claim if it’s only slightly more than my deductible?
• Should I drop comprehensive coverage on older vehicles?
• Am I covered when driving on a suspended license?
• Is my custom paint covered by insurance?
• What should my uninsured motorist coverage limits be in my state?

If you’re not sure about those questions but one or more may apply to you, you may need to chat with a licensed insurance agent. To find an agent in your area, simply complete this short form.

What auto insurance coverages do you need?

Having a good grasp of a auto insurance policy can be of help when determining appropriate coverage and the correct deductibles and limits. Policy terminology can be impossible to understand and nobody wants to actually read their policy.

Comprehensive coverages

This coverage pays for damage OTHER than collision with another vehicle or object. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things such as hail damage, damage from getting keyed, fire damage, hitting a bird and damage from a tornado or hurricane. The maximum amount your auto insurance company will pay is the actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Coverage for medical payments

Coverage for medical payments and/or PIP pay for immediate expenses like funeral costs, dental work, ambulance fees, surgery and prosthetic devices. They are often used in conjunction with a health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover not only the driver but also the vehicle occupants as well as getting struck while a pedestrian. PIP coverage is not an option in every state and gives slightly broader coverage than med pay

Auto collision coverage

This covers damage to your Accord caused by collision with another vehicle or an object, but not an animal. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against things such as damaging your car on a curb, sustaining damage from a pot hole and hitting a parking meter. Collision is rather expensive coverage, so you might think about dropping it from lower value vehicles. You can also bump up the deductible to bring the cost down.

Uninsured and underinsured coverage

Uninsured or Underinsured Motorist coverage provides protection from other motorists when they are uninsured or don’t have enough coverage. Covered claims include hospital bills for your injuries as well as your vehicle’s damage.

Since a lot of drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Most of the time these coverages are set the same as your liablity limits.

Liability insurance

Liability coverage will cover injuries or damage you cause to people or other property that is your fault. It protects YOU against claims from other people. Liability doesn’t cover your own vehicle damage or injuries.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see policy limits of 100/300/100 which stand for $100,000 bodily injury coverage, a limit of $300,000 in injury protection per accident, and a limit of $100,000 paid for damaged property. Occasionally you may see a combined single limit or CSL which limits claims to one amount rather than limiting it on a per person basis.

Liability can pay for things like funeral expenses, structural damage, legal defense fees and medical services. How much liability coverage do you need? That is a personal decision, but you should buy higher limits if possible.

A little work can save a LOT of money

Budget-conscious 2011 Honda Accord insurance can be purchased on the web and also from your neighborhood agents, so you need to quote insurance coverage with both to have the best selection. Some insurance providers don’t offer rate quotes online and these smaller companies prefer to sell through independent insurance agents.

As you shop your coverage around, make sure you don’t reduce coverage to reduce premium. In many cases, drivers have reduced collision coverage only to regret they didn’t have enough coverage. Your objective should be to buy a smart amount of coverage for the lowest cost, but do not skimp to save money.

We covered many ways to compare 2011 Honda Accord insurance car insurance rates online. The key concept to understand is the more rate comparisons you have, the more likely it is that you will get a better rate. Consumers could even find that the best car insurance rates are with some of the smallest insurance companies.

Additional auto insurance information is located below:

• Child Safety FAQ (iihs.org)
• Prepare your Teens for Safe Driving (InsureUonline.org)
• Teen Driving and Texting (State Farm)
• Think You’re a Safe Driver? (State Farm)
• How Much Auto Coverage do I Need? (Insurance Information Insitute)