1995 Honda Accord Insurance Quotes – 5 Discounts for Best Rates

Searching for the cheapest insurance rates for your Honda Accord? Sick and tired of being strong-armed each month for car insurance? You are no different than many other consumers. Having so many insurance companies to choose from, it is very difficult to choose the best insurance company.

Compare the Market for Car Insurance

Effectively comparing car insurance prices can take hours if you aren’t aware of the best way to get rate quotes. You could spend the better part of a day talking to insurance agencies in your area, or you could use the internet for quick rates.

The majority of car insurance companies participate in an industry program where prospective buyers enter their coverage request one time, and each company returns a rated price based on that information. This saves time by eliminating quote requests for each company you want a rate for.

To participate in this free quote system, click here (opens in new window).

The single downside to getting quotes like this is you are unable to specify the companies you want to price. If you wish to select specific providers for rate comparison, we have assembled a list of the cheapest car insurance companies in your area. Click to view list.

It doesn’t matter which method you choose, just compare identical coverage information for each comparison quote. If you enter different limits and deductibles on each one you will not be able to determine the lowest rate for your Honda Accord.

Get lower rates on Honda Accord insurance

Car insurance can cost a lot, but discounts can save money and there are some available that you may not know about. Certain discounts will be triggered automatically at quote time, but a few need to be manually applied before you get the savings. If you aren’t receiving every discount possible, you’re paying more than you need to.

  • Payment Method – By paying your policy upfront instead of making monthly payments you could save up to 5%.
  • Homeowners Savings – Owning a house may earn you a small savings because of the fact that having a home demonstrates responsibility.
  • Lower Rates for Military – Being deployed with a military unit can result in better rates.
  • Discount for Good Grades – Performing well in school can earn a discount of 20% or more. Earning this discount can benefit you well after school through age 25.
  • Discount for New Cars – Putting insurance coverage on a new car can be considerably cheaper since new cars are generally safer.

Drivers should understand that some credits don’t apply to all coverage premiums. Some only apply to the price of certain insurance coverages like comp or med pay. Just because it seems like you could get a free auto insurance policy, auto insurance companies aren’t that generous. Any qualifying discounts will cut your premiums.

Car insurance companies who might offer these benefits are:

It’s a good idea to ask each insurance company which discounts they offer. Discounts might not be offered in every state.

Tailor your coverage to you

When choosing adequate coverage for your vehicles, there is no single plan that fits everyone. Coverage needs to be tailored to your specific needs so your insurance needs to address that. These are some specific questions could help you determine whether your personal situation would benefit from an agent’s advice.

  • Will my vehicle be repaired with OEM or aftermarket parts?
  • When would I need rental car insurance?
  • Is rental equipment covered for theft or damage?
  • Can I make deliveries for my home business?
  • When should I remove comp and collision on my 1995 Honda Accord?
  • What is no-fault insurance?
  • Exactly who is provided coverage by my policy?

If you don’t know the answers to these questions but a few of them apply, then you may want to think about talking to an insurance agent. To find an agent in your area, take a second and complete this form or go to this page to view a list of companies. It only takes a few minutes and you can get the answers you need.

Save $390 a year. For real?

Consumers get pounded daily by advertisements that promise big savings by companies like Progressive, Allstate and Geico. They all seem to make the same claim that you’ll save big if you change to them.

How can each company make almost identical claims?

Insurance companies have a certain “appetite” for the driver that makes them money. For instance, a desirable insured could possibly be between 30 and 50, has no prior claims, and drives less than 10,000 miles a year. A driver who fits that profile will qualify for the lowest rates and is almost guaranteed to save quite a bit of money when switching.

Consumers who do not match this ideal profile will have to pay higher prices and ends up with the customer not buying. The ad wording is “customers that switch” but not “drivers who get quotes” save that much money. That is how companies can truthfully make the claims of big savings.

Because of the profiling, drivers should get as many quotes as possible. You cannot predict which car insurance company will give you the biggest savings on Honda Accord insurance.

Car insurance coverages explained

Knowing the specifics of car insurance can help you determine the best coverages and proper limits and deductibles. Policy terminology can be difficult to understand and reading a policy is terribly boring. Shown next are typical coverages found on most car insurance policies.

Comprehensive car insurance – Comprehensive insurance pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers things like a broken windshield, rock chips in glass, hitting a deer and damage from flooding. The maximum payout you can receive from a comprehensive claim is the actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Collision coverages – This coverage pays for damage to your Accord resulting from colliding with another car or object. You will need to pay your deductible and then insurance will cover the remainder.

Collision coverage pays for things like hitting a parking meter, colliding with a tree, sustaining damage from a pot hole, crashing into a building and colliding with another moving vehicle. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from lower value vehicles. Another option is to bump up the deductible in order to get cheaper collision rates.

Coverage for uninsured or underinsured drivers – This protects you and your vehicle’s occupants when the “other guys” are uninsured or don’t have enough coverage. This coverage pays for medical payments for you and your occupants and damage to your Honda Accord.

Since many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage should not be overlooked. Frequently the UM/UIM limits are similar to your liability insurance amounts.

Liability car insurance – Liability coverage provides protection from damage that occurs to other people or property that is your fault. Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have policy limits of 50/100/50 which means $50,000 in coverage for each person’s injuries, a limit of $100,000 in injury protection per accident, and a limit of $50,000 paid for damaged property. Another option is a combined single limit or CSL which provides one coverage limit with no separate limits for injury or property damage.

Liability coverage pays for things like repair bills for other people’s vehicles, medical expenses, repair costs for stationary objects and loss of income. How much coverage you buy is a personal decision, but it’s cheap coverage so purchase as high a limit as you can afford.

Coverage for medical expenses – Personal Injury Protection (PIP) and medical payments coverage kick in for short-term medical expenses for things like prosthetic devices, pain medications and dental work. They are often used in conjunction with a health insurance plan or if you are not covered by health insurance. Medical payments and PIP cover both the driver and occupants and will also cover being hit by a car walking across the street. PIP coverage is not available in all states and gives slightly broader coverage than med pay

Shop. Compare. Save.

While you’re price shopping online, never reduce needed coverages to save money. There have been many cases where an accident victim reduced collision coverage and discovered at claim time that they should have had better coverage. The aim is to buy the best coverage you can find at the best price while still protecting your assets.

In this article, we covered a lot of information how to save on 1995 Honda Accord insurance. It’s most important to understand that the more quotes you get, the better your comparison will be. You may even find the biggest savings come from a small local company. They may have significantly lower rates on certain market segments than the large multi-state companies such as Allstate, Geico and Progressive.

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