Compare 2007 Honda Accord Car Insurance Rates

Did you fall for a flashy sales pitch and buy an underperforming, overpriced auto insurance policy? Trust us, you’re not alone. Consumers have many insurers to insure vehicles with, and although it’s a good thing to be able to choose, it makes it harder to locate the cheapest rates.

How to reduce Honda Accord insurance rates

Companies don’t necessarily list every available discount very well, so the following is a list of both the well known as well as the least known ways to save on insurance coverage. If you don’t get every credit available, you’re paying more than you need to.

  • Save over 55 – If you’re over the age of 55, you can possibly qualify for a discount up to 10% on Accord coverage.
  • Safe Driver Discount – Safe drivers can get discounts for up to 45% lower rates on Accord coverage than less cautious drivers.
  • Early Signing – Some companies give discounts for switching to them prior to your current policy expiration. This can save 10% or more.
  • Driver’s Ed – Have your child complete a driver education course in school.
  • More Vehicles More Savings – Having multiple cars or trucks with the same company could earn a price break for each car.
  • Auto/Home Discount – When you have multiple policies with one insurance company you may earn approximately 10% to 15%.
  • Service Members Pay Less – Being on active duty in the military could be rewarded with lower premiums.
  • Organization Discounts – Participating in a civic or occupational organization could trigger savings when shopping for insurance coverage on Accord coverage.

It’s important to understand that some of the credits will not apply to your bottom line cost. Most only apply to the cost of specific coverages such as liability and collision coverage. Even though it may seem like you would end up receiving a 100% discount, you won’t be that lucky.

Companies that possibly offer these discounts include:

Double check with each company which discounts you may be entitled to. All car insurance discounts may not be available everywhere.

How to Buy Insurance Online

Finding lower insurance rates is actually quite simple. Consumers just need to spend a few minutes comparing price quotes from different insurance companies. It is quite easy and can be accomplished in a couple of different ways.

  1. Probably the best way to find the lowest comparison rates would be an industry-wide quote request form click here to open form in new window. This method eliminates the need for repetitive form entry to each individual insurance company. In just a few minutes this one form will return price quotes instantly.
  2. A more difficult way to shop for insurance online is going to the website for each individual company and fill out their own quote form. For sake of this example, we’ll pretend you want rates from State Farm, Esurance and Progressive. To get rate quotes you would need to go to every website and enter your information, and that’s why the first method is more popular.

    For a list of links to companies insuring cars in your area, click here.

  3. The least recommended method of getting rate comparisons is driving around to different agent offices. Buying insurance online eliminates the need for an insurance agent unless you want the professional advice only provided by licensed agents. You can, however, comparison shop your insurance online but still have the advice of a local agent and we’ll cover that in a bit.

Whichever way you use, make darn sure you compare apples-to-apples coverage information on every quote you get. If you enter unequal deductibles or liability limits you can’t possibly truly determine the lowest rate.

Tailor your coverage to you

When choosing adequate coverage, there really is no cookie cutter policy. Everyone’s situation is unique and a cookie cutter policy won’t apply. For instance, these questions can help discover whether your personal situation will benefit from professional help.

  • I have a DUI can I still get coverage?
  • I don’t drive much so do I pay less?
  • If my pet gets injured in an accident are they covered?
  • Why do I only qualify for high-risk insurance?
  • What is medical payments coverage?
  • Can my babysitter drive my car?
  • Am I covered when driving a rental car?
  • Can I afford low physical damage deductibles?

If you don’t know the answers to these questions, then you may want to think about talking to an agent. To find lower rates from a local agent, complete this form or click here for a list of auto insurance companies in your area. It only takes a few minutes and you can get the answers you need.

What car insurance coverages do you need?

Understanding the coverages of your car insurance policy can help you determine which coverages you need and the correct deductibles and limits. The terms used in a policy can be difficult to understand and coverage can change by endorsement. These are the normal coverages found on the average car insurance policy.

Collision coverage protection

This coverage pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against things such as crashing into a ditch, rolling your car and driving through your garage door. This coverage can be expensive, so consider dropping it from vehicles that are 8 years or older. Drivers also have the option to bump up the deductible to bring the cost down.

UM/UIM Coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other drivers when they are uninsured or don’t have enough coverage. Covered claims include hospital bills for your injuries and damage to your Honda Accord.

Since many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage should not be overlooked.

Comprehensive or Other Than Collision

Comprehensive insurance coverage will pay to fix damage that is not covered by collision coverage. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive can pay for claims such as fire damage, a tree branch falling on your vehicle, theft, hitting a deer and a broken windshield. The maximum payout your car insurance company will pay is the cash value of the vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Liability coverage

Liability coverage protects you from damage or injury you incur to other people or property in an accident. This insurance protects YOU against claims from other people. It does not cover your injuries or vehicle damage.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see policy limits of 25/50/25 which stand for $25,000 bodily injury coverage, $50,000 for the entire accident, and a limit of $25,000 paid for damaged property.

Liability coverage protects against claims like pain and suffering, loss of income and repair costs for stationary objects. How much coverage you buy is your choice, but consider buying as much as you can afford.

Medical costs insurance

Coverage for medical payments and/or PIP pay for immediate expenses for hospital visits, prosthetic devices, chiropractic care and pain medications. They are often used in conjunction with a health insurance program or if you do not have health coverage. Coverage applies to all vehicle occupants in addition to getting struck while a pedestrian. Personal Injury Protection is not universally available and gives slightly broader coverage than med pay

Buy online or local, you save

Affordable 2007 Honda Accord insurance is attainable online and with local insurance agents, and you should be comparing both to have the best rate selection. Some insurance companies do not offer the ability to get a quote online and most of the time these small, regional companies sell through independent agents.

As you go through the steps to switch your coverage, you should never buy lower coverage limits just to save a few bucks. There have been many cases where an insured dropped collision coverage and discovered at claim time they didn’t have enough coverage. Your focus should be to find the BEST coverage at an affordable rate while not skimping on critical coverages.

More information is located on the following sites: