2012 Honda Accord Insurance Rates – 8 Tips for Cheapest Quotes

Locating cheaper insurance for your Honda Accord could be a lot of work, but you can follow these tips to make it easier.

There is a right way and a wrong way to buy insurance coverage so you’re going to learn the quickest way to quote coverages for a Honda and find the best price possible.

The method we recommend to get policy rate comparisons is to realize most of the larger companies have advanced systems to compare their rates. The only thing you need to do is provide a small amount of information such as whether your vehicle is owned or leased, if you have an active license, whether the vehicles are used for commuting, and if it has an alarm system. That rating information is instantly sent to insurance companies and they return quotes instantly to find the best rate.

To find the cheapest 2012 Honda Accord insurance rates, click here and complete the form.

Don’t miss out on these eight money-saving discounts

Insuring your fleet can be pricey, but there are discounts available that can drop the cost substantially. Some trigger automatically at the time of purchase, but some must be asked about prior to getting the savings. If you’re not getting every credit possible, you’re just leaving money on the table.

  • Homeowners Pay Less – Being a homeowner can help you save on auto insurance because of the fact that having a home shows financial diligence.
  • Good Students Pay Less – Performing well in school can be rewarded with saving of up to 25%. Earning this discount can benefit you up to age 25.
  • Anti-theft System – Cars that have factory anti-theft systems prevent vehicle theft and will save you 10% or more.
  • Anti-lock Brake Discount – Anti-lock brake equipped vehicles prevent accidents and therefore earn up to a 10% discount.
  • Multi-policy Discount – If you have multiple policies with one company you will save approximately 10% to 15%.
  • Driver’s Ed – Cut your cost by having your teen driver successfully complete driver’s ed class in high school.
  • Seat Belts Save more than Lives – Drivers who require all occupants to use a seat belt could cut 10% or more off the personal injury premium cost.
  • Paperwork-free – A few companies give back up to $50 simply for signing digitally online.

Drivers should understand that most discount credits are not given to the overall cost of the policy. A few only apply to the cost of specific coverages such as medical payments or collision. So even though it sounds like you can get free auto insurance, it just doesn’t work that way. But any discount will cut the amount you have to pay.

To see a list of insurers offering auto insurance discounts, click here.

Do I need special coverages?

When buying the right insurance coverage for your vehicles, there isn’t really a single plan that fits everyone. Coverage needs to be tailored to your specific needs.

These are some specific questions might point out whether or not you might need an agent’s assistance.

  • Do I have any recourse if my insurance company denies a claim?
  • Is my camper covered by my car insurance policy?
  • Why am I required to buy liability insurance?
  • Will I be non-renewed for getting a DUI or other conviction?
  • Is pleasure use cheaper than using my 2012 Honda Accord to commute?
  • Is other people’s property covered if stolen from my vehicle?

If you can’t answer these questions but a few of them apply, you might consider talking to an agent. If you don’t have a local agent, fill out this quick form. It’s fast, doesn’t cost anything and you can get the answers you need.

Auto insurance myths debunked

Consumers get pounded daily by advertisements that promise big savings from companies such as Progressive, Allstate and Geico. They all have a common claim that you’ll save big if you move your policy.

How can each company make the same claim? This is how they do it.

All the different companies can use profiling for the type of customer that is profitable for them. For instance, a profitable customer could be over the age of 40, has no driving citations, and chooses high deductibles. A customer getting a price quote who fits that profile will qualify for the lowest rates and therefore will save a lot of money.

Potential insureds who don’t meet the requirements must pay a more expensive rate which usually ends up with business not being written. Company advertisements say “drivers who switch” not “everybody who quotes” save money. That’s why companies can state the savings.

This illustrates why you need to compare many company’s rates. Because you never know which company will provide you with the cheapest Honda Accord insurance rates.

Car insurance coverages for a Honda Accord

Learning about specific coverages of your auto insurance policy helps when choosing the right coverages at the best deductibles and correct limits. Auto insurance terms can be difficult to understand and coverage can change by endorsement.

Uninsured/Underinsured Motorist coverage

This gives you protection when the “other guys” either have no liability insurance or not enough. Covered losses include hospital bills for your injuries and also any damage incurred to your Honda Accord.

Due to the fact that many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is important protection for you and your family. Frequently these coverages do not exceed the liability coverage limits.

Medical payments coverage and PIP

Medical payments and Personal Injury Protection insurance kick in for bills such as rehabilitation expenses, X-ray expenses, funeral costs and ambulance fees. They are often used to fill the gap from your health insurance policy or if you do not have health coverage. It covers not only the driver but also the vehicle occupants and will also cover any family member struck as a pedestrian. PIP coverage is only offered in select states and gives slightly broader coverage than med pay

Comprehensive coverage

Comprehensive insurance coverage pays for damage OTHER than collision with another vehicle or object. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for claims like damage from a tornado or hurricane, rock chips in glass, hail damage, fire damage and damage from getting keyed. The most you’ll receive from a claim is the actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Auto liability insurance

Liability coverage protects you from damage or injury you incur to other’s property or people in an accident. It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see policy limits of 50/100/50 that means you have $50,000 bodily injury coverage, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property. Occasionally you may see one limit called combined single limit (CSL) that pays claims from the same limit rather than limiting it on a per person basis.

Liability coverage protects against claims like loss of income, funeral expenses, medical services, pain and suffering and legal defense fees. How much liability should you purchase? That is a personal decision, but buy as much as you can afford.

Collision coverage

Collision insurance pays for damage to your Accord caused by collision 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 sideswiping another vehicle, crashing into a ditch and colliding with another moving vehicle. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are older. Another option is to bump up the deductible to get cheaper collision coverage.

Have money to burn

Lower-priced 2012 Honda Accord insurance can be sourced on the web in addition to many insurance agents, so compare prices from both to get a complete price analysis. Some insurance companies do not provide you the ability to get quotes online and these small, regional companies work with independent agents.

Consumers who switch companies do it for many reasons like policy cancellation, poor customer service, denial of a claim and even high rates after DUI convictions. Regardless of your reason, choosing a new insurance company is actually quite simple.

As you restructure your insurance plan, don’t be tempted to buy lower coverage limits just to save a few bucks. In too many instances, drivers have reduced full coverage only to discover later that the savings was not a smart move. Your goal should be to find the BEST coverage for the lowest price while still protecting your assets.

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