Compare 2001 Honda Accord Insurance Rates

No one cherishes buying car insurance, especially knowing the cost is way too high. Companies like Geico, Progressive and Allstate constantly bombard you with catchy ads and it is challenging if not impossible to see through the deception and effectively compare rates to find the best deal.

Consumers should take time to take a look at other company’s rates quite often since rates tend to go up over time. Even if you think you had the lowest price for Accord coverage on your last policy there may be better deals available now. Block out anything you think you know about car insurance because you’re about to find out the tricks you need to know to get good coverage at a lower rate.

If you have insurance now or need a new policy, you can use this information to cut your premiums and still get good coverage. Finding affordable coverage is not that difficult. Consumers only need an understanding of the proper methods to shop for auto insurance on the web.

Low Cost Car Insurance

Effectively comparing car insurance prices can be a daunting task if you don’t utilize the best way to get rate quotes. You could spend your day driving to insurance agencies in your area, or you could use online quotes to maximize your effort.

Many of the larger companies belong to a marketplace where prospective buyers only type in their quote data once, and at least one company can provide price quotes. This saves time by eliminating quote requests to each company. To find out what other companies charge for 2001 Honda Accord insurance click here (opens in new window).

The only downside to pricing coverage this way is you cannot specify which companies to get pricing from. If you would rather choose specific insurance companies to receive pricing from, we have assembled a list of low cost car insurance companies in your area. View list of insurance companies.

It doesn’t matter which method you choose, just make sure you use the exact same coverages for each price quote. If you use higher or lower deductibles it’s not possible to make an equal comparison.

Tailor your coverage to you

When it comes to choosing the right insurance coverage for your personal vehicles, there really is not a perfect coverage plan. Every situation is different and a cookie cutter policy won’t apply. For example, these questions might point out if your insurance needs could use an agent’s help.

• How much underlying liability do I need for an umbrella policy?
• What is the minimum liability in my state?
• Do I have newly-aquired coverage?
• Should I file a claim if it’s only slightly more than my deductible?
• Do all my vehicles need collision coverage?
• How do I insure my teen driver?

If you don’t know the answers to these questions, you might consider talking to a licensed agent. To find lower rates from a local agent, fill out this quick form or you can also visit this page to select a carrier It only takes a few minutes and you can get the answers you need.

Insurance coverage considerations

Learning about specific coverages of insurance can be of help when determining the right coverages for your vehicles. Policy terminology can be impossible to understand and nobody wants to actually read their policy. These are the usual coverages found on most insurance policies.

Coverage for collisions

Collision coverage will pay to fix damage to your Accord resulting from a collision with another vehicle or an object, but not an animal. A deductible applies then the remaining damage will be paid by your insurance company.

Collision can pay for claims such as rolling your car, scraping a guard rail and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are 8 years or older. It’s also possible to increase the deductible to bring the cost down.

UM/UIM Coverage

This coverage gives you protection when other motorists either are underinsured or have no liability coverage at all. Covered claims include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Since a lot of drivers only purchase the least amount of liability that is required, their limits can quickly be used up. For this reason, having high UM/UIM coverages is important protection for you and your family. Normally these coverages are identical to your policy’s liability coverage.

Medical costs insurance

Personal Injury Protection (PIP) and medical payments coverage kick in for bills like ambulance fees, nursing services, rehabilitation expenses and hospital visits. They are utilized in addition to your health insurance policy or if you do not have health coverage. They cover both the driver and occupants as well as being hit by a car walking across the street. PIP coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Auto liability insurance

Liability coverage can cover damages or injuries you inflict on other’s property or people that is your fault. This insurance protects YOU against claims from other people, and doesn’t cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You commonly see policy limits of 25/50/25 that means you have $25,000 in coverage for each person’s injuries, a per accident bodily injury limit of $50,000, and a limit of $25,000 paid for damaged property. Another option is a combined limit which limits claims to one amount with no separate limits for injury or property damage.

Liability insurance covers things such as repair bills for other people’s vehicles, loss of income and medical services. How much coverage you buy is a decision to put some thought into, but consider buying as high a limit as you can afford.

Comprehensive or Other Than Collision

This pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive coverage pays for things like hitting a bird, a tree branch falling on your vehicle, falling objects and damage from flooding. The maximum payout your insurance company will pay is the cash value of the vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.