Lower Your 2009 Honda Accord Insurance Cost

Expensive auto insurance can drain your bank account and put the squeeze on your family’s finances. Comparing price quotes is a smart way to lower your monthly bill.

Having so many choices, it’s nearly impossible to pick the best company.

The purpose of this post is to familiarize you with the most effective way to quote insurance and some money-saving tips. If you currently have car insurance, you stand a good chance to be able to save some money using these tips. Nevertheless, vehicle owners should learn how the larger insurance companies sell insurance online and take advantage of how the system works.

Compare the Market for Insurance Coverage

Most companies allow you to get insurance quotes directly from their websites. Getting quotes is fairly straightforward as you just type in the coverage amounts you desire into the quote form. When complete, their rating system orders your credit score and driving record and generates pricing information based on these and other factors. Quoting online makes comparing rates easy, but having to visit several different sites and type in the same information is repetitive and time-consuming. But it’s absolutely necessary to get many rate quotes if you want to find the lowest insurance coverage rates.

A more efficient way to find cheaper rates makes use of a single form that obtains quotes from multiple companies. The form is fast, eliminates repetitive work, and makes price shopping online much simpler. Immediately after you send the form, your coverage is rated and you are able to buy any of the pricing results.

If a lower price is quoted, you simply finish the application and buy the policy. The entire process just takes a couple of minutes and you will know how your current rates stack up.

To quickly compare rates now, click here to open in new window and fill out the form. If you have your current policy handy, we recommend you input coverages and limits as shown on your current policy. Doing this guarantees you will have comparison quotes based on the exact same insurance coverage.

Don’t miss these discounts

Insurance can cost an arm and a leg, but you can get discounts that can drop the cost substantially. Most are applied at quote time, but a few need to be specially asked for in order for you to get them.

  • Good Student – A discount for being a good student can get you a discount of up to 25%. The discount lasts until age 25.
  • Discount for New Cars – Insuring a new car is cheaper because new vehicles have to meet stringent safety requirements.
  • Pay Now and Pay Less – If you pay your bill all at once rather than paying monthly you can actually save on your bill.
  • Drivers Ed for Students – Cut your cost by having your teen driver complete a driver education course if it’s offered in school.
  • Braking Control Discount – Vehicles equipped with ABS or steering control prevent accidents and will save you 10% or more.
  • Low Mileage Discounts – Driving fewer miles could qualify for a substantially lower rate.

Keep in mind that some credits don’t apply the the whole policy. Most only apply to the price of certain insurance coverages like liability and collision coverage. So when the math indicates all the discounts add up to a free policy, it doesn’t quite work that way. But all discounts will help reduce the cost of coverage.

Car insurance companies that possibly offer these benefits include:

Before buying, ask each insurance company which discounts they offer. All car insurance discounts might not apply in your area.

When might I need help?

When choosing proper insurance coverage for your vehicles, there is no one size fits all plan. Every insured’s situation is different so your insurance needs to address that. These are some specific questions might help in determining if you will benefit from professional help.

  • Am I covered by my employer’s commercial auto policy when driving my personal car for business?
  • Is my nanny covered when driving my vehicle?
  • Does my policy pay for OEM or aftermarket parts?
  • When does my teenage driver need to be added to my policy?
  • How much underlying liability do I need for an umbrella policy?
  • Is other people’s property covered if stolen from my vehicle?
  • What discounts do I qualify for?
  • I have good health insurance, so how much medical payments coverage do I need?

If you can’t answer these questions but you think they might apply to your situation then you might want to talk to an insurance agent. To find lower rates from a local agent, simply complete this short form or go to this page to view a list of companies.

Auto insurance coverage breakdown

Learning about specific coverages of a auto insurance policy aids in choosing which coverages you need at the best deductibles and correct limits. Auto insurance terms can be confusing and reading a policy is terribly boring. Shown next are the usual coverages found on most auto insurance policies.

Auto collision coverage

Collision coverage pays for damage to your Accord resulting from colliding with another car or object. You have to pay a deductible then your collision coverage will kick in.

Collision can pay for claims like crashing into a building, backing into a parked car, scraping a guard rail, hitting a parking meter and colliding with another moving vehicle. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from older vehicles. It’s also possible to raise the deductible in order to get cheaper collision rates.

Liability auto insurance

Liability coverage can cover injuries or damage you cause to a person or their property in an accident. It protects YOU from claims by other people. It does not cover damage to your own property or vehicle.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show policy limits of 100/300/100 that means you have $100,000 bodily injury coverage, a per accident bodily injury limit of $300,000, and a limit of $100,000 paid for damaged property. Some companies may use a combined limit which combines the three limits into one amount rather than limiting it on a per person basis.

Liability coverage pays for claims such as repair bills for other people’s vehicles, legal defense fees, emergency aid and court costs. How much liability coverage do you need? That is a decision to put some thought into, but you should buy as much as you can afford.

Uninsured or underinsured coverage

This coverage protects you and your vehicle’s occupants from other motorists when they either have no liability insurance or not enough. Covered claims include injuries sustained by your vehicle’s occupants and also any damage incurred to your Honda Accord.

Due to the fact that many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is very important. Normally the UM/UIM limits do not exceed the liability coverage limits.

Comprehensive protection

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

Comprehensive can pay for things like damage from flooding, damage from a tornado or hurricane, theft, a broken windshield and rock chips in glass. The most you can receive from a comprehensive claim is the ACV or actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Medical expense coverage

Med pay and PIP coverage reimburse you for immediate expenses such as pain medications, doctor visits, chiropractic care, hospital visits and rehabilitation expenses. They are often used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. It covers all vehicle occupants as well as if you are hit as a while walking down the street. Personal injury protection coverage is not universally available and gives slightly broader coverage than med pay

Don’t throw your cash in the trash

We just presented many tips how you can lower your 2009 Honda Accord insurance rates. The key concept to understand is the more you quote, the higher the chance of saving money. Consumers may even find the lowest priced insurance coverage comes from a smaller regional carrier. Some small companies can often insure niche markets at a lower cost as compared to the big name companies such as State Farm or Progressive.

While you’re price shopping online, it’s not a good idea to reduce needed coverages to save money. There have been many cases where an accident victim reduced full coverage only to find out they didn’t purchase enough coverage. Your aim should be to buy enough coverage at a price you can afford.

Budget-conscious insurance is definitely available from both online companies and also from your neighborhood agents, and you should compare price quotes from both to have the best selection. Some insurance coverage companies may not provide online quoting and most of the time these smaller companies sell through independent agents.

More detailed insurance coverage information can be read in the articles below: