2008 Honda Accord Car Insurance Quotes

No one looks forward to buying insurance coverage, especially knowing their premiums are through the roof.

Drivers have multiple insurers to pick from, and although it’s nice to have a choice, it makes it harder to adequately compare rates.

Smart consumers take time to get comparison quotes before your policy renews since insurance rates change regularly. Just because you found the best rates on Accord insurance a year ago there may be better deals available now. Starting now, forget all the misinformation about insurance coverage because we’re going to show you the proper way to save money, get proper coverage and the best rates.

Auto Insurance Quote Comparison

Shopping for lower auto insurance rates can take time and effort if you don’t understand the best way to get rate quotes. You can waste a few hours (or days) discussing policy coverages with agents in your area, or you can utilize online quotes to get the quickest rates.

Many popular insurance companies participate in a marketplace that enables customers to send in one quote, and each company can give them a price based on the submitted data. This prevents consumers from doing quote forms for every auto insurance company.

To find out how much you’re overpaying now click here to open in new window.

One minor caviat to comparing rates this way is that you can’t choose which carriers to receive prices from. So if you want to select from a list of companies for rate comparison, we have assembled a list of the cheapest auto insurance companies in your area. Click to view list.

Whichever method you choose, compare exactly the same coverages for every quote you compare. If each company quotes different deductibles you can’t possibly determine the lowest rate for your Honda Accord. Slightly different coverage limits can mean a large discrepancy in price. And when comparing auto insurance rates, know that obtaining a wide range of quotes will improve the odds of getting better pricing.

Save $443 a year. For real?

Insurance coverage providers like Allstate, Geico and Progressive constantly bombard you with ads on TV and radio. They all make an identical promise about savings if you switch to them. How does each company claim to save you money? This is how they do it.

Different companies are able to cherry pick for the right customer they prefer to insure. For instance, a driver they prefer could be between the ages of 40 and 55, owns a home, and has great credit. Any new insured who meets those qualifications will get the preferred rates and most likely will pay quite a bit less when switching companies.

Consumers who don’t meet this ideal profile will be quoted higher premiums which usually ends up with business not being written. The ad wording is “customers who switch” but not “drivers who get quotes” save money. That is how companies can truthfully claim big savings. This emphasizes why you should get as many quotes as possible. It’s not possible to predict which company will have the lowest Honda Accord insurance rates.

Take advantage of discounts

Companies that sell car insurance don’t necessarily list every discount very well, so we break down some of the more common as well as the least known savings tricks you should be using.

  • Discounts for Safe Drivers – Drivers who don’t get into accidents may save up to 50% more on Accord insurance than drivers with accidents.
  • Multiple Policy Discount – When you have multiple policies with the same company you could get a discount of 10% to 20% off each policy.
  • Early Signing – Select companies give a discount for switching policies prior to your current policy expiration. This can save 10% or more.
  • Drivers Ed for Students – Make teen driver coverage more affordable by requiring them to take driver’s ed class in high school.
  • Life Insurance – Some companies give better rates if you take out life insurance from them.
  • Accident Forgiveness – Certain companies will allow you to have one accident before hitting you with a surcharge if your claims history is clear for a certain period of time.
  • Homeowners Discount – Simply owning a home may trigger a insurance coverage policy discount because of the fact that having a home requires personal responsibility.
  • Distant Student – Any of your kids who attend school more than 100 miles from home and don’t have a car can be insured at a reduced rate.
  • Use Seat Belts – Buckling up and requiring all passengers to wear their seat belts could save 15% off your medical payments premium.

It’s important to note that most discounts do not apply the the whole policy. Most only cut the cost of specific coverages such as collision or personal injury protection. Even though it may seem like all the discounts add up to a free policy, you’re out of luck.

For a list of insurance companies who offer insurance coverage discounts, click here.

How to know if you need help

When choosing the best insurance coverage coverage, there really is not a best way to insure your cars. Each situation is unique and a cookie cutter policy won’t apply. Here are some questions about coverages that might point out if your situation might need professional guidance.

  • What vehicles should carry emergency assistance coverage?
  • Should I sign the liability waiver when renting a car?
  • What if I owe more than I can insure my car for?
  • Is my teenager covered with friends in the car?
  • Do I need PIP coverage since I have good health insurance?
  • Can I afford to buy a different vehicle if my 2008 Honda Accord is totaled?
  • When do I need to add a new car to my policy?

If you don’t know the answers to these questions, you might consider talking to a licensed agent. If you want to speak to an agent in your area, fill out this quick form or you can also visit this page to select a carrier

Detailed coverages of your insurance policy

Knowing the specifics of insurance aids in choosing appropriate coverage for your vehicles. Insurance terms can be difficult to understand and nobody wants to actually read their policy. Below you’ll find typical coverages offered by insurance companies.

Uninsured Motorist or Underinsured Motorist insurance – Uninsured or Underinsured Motorist coverage provides protection when the “other guys” either have no liability insurance or not enough. Covered losses include injuries sustained by your vehicle’s occupants and also any damage incurred to your Honda Accord.

Because many people carry very low liability coverage limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is a good idea.

Collision – Collision insurance will pay to fix damage to your Accord resulting from colliding 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 things such as colliding with a tree, damaging your car on a curb, rolling your car, sideswiping another vehicle and crashing into a building. This coverage can be expensive, 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.

Comprehensive coverage (or Other than Collision) – This pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first 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 and a broken windshield. The maximum amount your insurance company will pay is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Liability – Liability insurance provides protection from injuries or damage you cause to other’s property or people by causing an accident. It protects you from claims by other people, and doesn’t cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have limits of 100/300/100 that means you have $100,000 in coverage for each person’s injuries, a limit of $300,000 in injury protection per accident, and property damage coverage for $100,000.

Liability insurance covers claims such as medical services, medical expenses, emergency aid, repair bills for other people’s vehicles and bail bonds. The amount of liability coverage you purchase is your choice, but it’s cheap coverage so purchase as high a limit as you can afford.

Insurance for medical payments – Coverage for medical payments and/or PIP reimburse you for bills for hospital visits, nursing services, rehabilitation expenses and X-ray expenses. They are used to fill the gap from your health insurance policy or if you do not have health coverage. Coverage applies to both the driver and occupants in addition to getting struck while a pedestrian. Personal injury protection coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

And the best car insurance company is…

We just presented a lot of information how to save on 2008 Honda Accord insurance. The key concept to understand is the more you quote, the higher your chance of finding lower rates. You may even find the best prices are with a small mutual company. Some small companies often have lower prices on specific markets than their larger competitors like Allstate and Progressive.

Low-cost insurance can be found both online in addition to many insurance agents, and you should compare price quotes from both in order to have the best chance of saving money. Some auto insurance companies do not provide online price quotes and many times these small insurance companies only sell through independent insurance agents.

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