Save on 2015 Honda Accord Hybrid Car Insurance Cost

Trying to find lower insurance coverage rates for your Honda Accord Hybrid? Searching for low-cost insurance for a Honda Accord Hybrid could be a lot of work, but you can learn these tips to make it easier.

There are both good and bad ways to compare insurance coverage rates so we’re going to tell you the proper way to compare rates for a Honda and obtain the cheapest rates either online or from local insurance agents.

How to save on Honda Accord Hybrid insurance

Car insurance is not cheap, but there could be available discounts that many people don’t even know exist. Certain discounts will be applied at quote time, but some must be inquired about before you get the savings. If they aren’t giving you every credit you deserve, you are throwing money away.

  • Payment Discounts – If you pay your entire premium ahead of time rather than paying monthly you can actually save on your bill.
  • Low Mileage Discounts – Fewer annual miles on your Honda can earn better rates on cars that stay parked.
  • Theft Prevention Discount – Vehicles with anti-theft systems can help prevent theft and qualify for as much as a 10% discount.
  • Passive Restraint Discount – Cars that have air bags and/or automatic seat belt systems can get savings of 20% or more.
  • One Accident Forgiven – A few companies will allow you to have one accident before hitting you with a surcharge so long as you haven’t had any claims for a set time period.
  • Homeowners Pay Less – Simply owning a home can save you money due to the fact that maintaining a home shows financial diligence.
  • Seat Belt Usage – Buckling up and requiring all passengers to buckle their seat belts could save 15% off the personal injury premium cost.
  • Accident Free – Drivers who don’t have accidents pay much less when compared with drivers who are more careless.

Consumers should know that most discount credits are not given to the entire cost. Some only reduce individual premiums such as medical payments or collision. Just because it seems like adding up those discounts means a free policy, it just doesn’t work that way. But all discounts will help reduce the cost of coverage.

To see a list of companies who offer car insurance discounts, click here.

How to Compare Car Insurance

Shopping for lower car insurance rates can be challenging if you don’t utilize the best way to get rate quotes. You can waste hours discussing policy coverages with agents in your area, or you can stay home and use online quotes to quickly compare rates.

Many companies belong to a marketplace that enables customers to submit one quote, and every company provides a quote. This eliminates the need for quote forms for each company you want a rate for.

To compare 2015 Honda Accord Hybrid rates using this form now click here to open in new window.

The only drawback to getting quotes like this is buyers cannot specifically choose the insurers to get pricing from. If you wish to select individual companies to request quotes from, we have a page of the cheapest car insurance companies in your area. Click here for list of insurance companies.

It’s up to you how you get prices quotes, just make absolute certain that you use apples-to-apples quote information for every quote you compare. If you use mixed coverages it will be very difficult to make an equal comparison.

Honda Accord Hybrid insurance rates have many determining factors

Consumers need to have an understanding of the factors that play a part in calculating the rates you pay for insurance. When you know what positively or negatively impacts premium levels helps enable you to make changes that could result in big savings.

  • Optional equipment can affect rates – Driving a car with a theft deterrent system can get you a discount on your insurance. Theft prevention devices like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all hinder auto theft.
  • Do you qualify for a multi-policy discount? – Some insurance companies will award you with lower prices to insureds who buy several policies from them in the form of a multi-policy discount. Even though this discount sounds good, you still need to shop around to verify if the discount is saving money. Drivers may still find better rates by buying insurance from more than one company.
  • Older drivers save more – More mature drivers are more cautious drivers, file fewer claims and tend to be better behind the wheel. Youthful drivers are known to be careless and easily distracted when driving and because of this, their insurance rates are much higher.
  • Where you live – Living in less populated areas can be a good thing when buying insurance. Less people living in that area means a lower chance of having an accident and also fewer theft and vandalism claims. Urban drivers tend to have much more traffic to deal with and longer commutes to work. Longer commute distances means higher likelihood of an accident.
  • Do you need the policy add-ons? – There are many extra coverages you can purchase when buying insurance. Things like vanishing deductibles, better glass coverage and motor club memberships may be wasting your money. They may seem like a good idea initially, but if you don’t need them remove them from your policy.
  • Careful drivers pay lower rates – Drivers who don’t get tickets have lower premiums than people who have multiple driving citations. Even a single citation can bump up the cost twenty percent or more. Drivers with severe tickets such as DUI or reckless driving are required to file a proof of financial responsibility form (SR-22) with their state motor vehicle department in order to drive a vehicle legally.
  • Pay less if you’re married – Having a wife or husband actually saves money on your policy. Having a significant other usually means you are more responsible and it’s proven that married couples file fewer claims.

Tailor your coverage to you

When it comes to choosing adequate coverage for your personal vehicles, there isn’t really a “best” method to buy coverage. Every insured’s situation is different.

For example, these questions may help you determine whether you would benefit from an agent’s advice.

  • Am I covered when driving someone else’s vehicle?
  • Why do I only qualify for high-risk insurance?
  • Can I rate high risk drivers on liability-only vehicles?
  • How high should deductibles be on a 2015 Honda Accord Hybrid?
  • If I drive on a suspended license am I covered?
  • Am I covered if hit by an uninsured driver?

If you’re not sure about those questions but a few of them apply then you might want to talk to a licensed agent. If you don’t have a local agent, simply complete this short form. It’s fast, doesn’t cost anything and can provide invaluable advice.

Car insurance coverage considerations

Knowing the specifics of your policy aids in choosing the right coverages for your vehicles. Policy terminology can be confusing and coverage can change by endorsement.

Med pay and Personal Injury Protection (PIP) – Personal Injury Protection (PIP) and medical payments coverage provide coverage for bills like chiropractic care, hospital visits, nursing services, dental work and doctor visits. They are often used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. They cover you and your occupants and also covers being hit by a car walking across the street. PIP is only offered in select states and gives slightly broader coverage than med pay

Uninsured/Underinsured Motorist (UM/UIM) – This coverage protects you and your vehicle’s occupants when other motorists either are underinsured or have no liability coverage at all. It can pay for medical payments for you and your occupants as well as your vehicle’s damage.

Due to the fact that many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is important protection for you and your family. Normally the UM/UIM limits are identical to your policy’s liability coverage.

Liability – Liability insurance can cover injuries or damage you cause to other’s property or people. This insurance protects YOU from claims by other people, and does not provide coverage for your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see limits of 50/100/50 which means a $50,000 limit per person for injuries, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000. Another option is 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 medical services, bail bonds and court costs. How much coverage you buy is a personal decision, but buy higher limits if possible.

Comprehensive insurance – This coverage will pay to fix damage from a wide range of events other than collision. A deductible will apply then your comprehensive coverage will pay.

Comprehensive can pay for things like damage from a tornado or hurricane, hail damage, damage from flooding and vandalism. The maximum payout you’ll receive from a claim is the ACV or actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Collision coverage – Collision insurance covers damage to your Accord Hybrid from colliding with an object or car. You will need to pay your deductible and then insurance will cover the remainder.

Collision insurance covers claims such as backing into a parked car, sustaining damage from a pot hole, hitting a mailbox, driving through your garage door and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are 8 years or older. You can also bump up the deductible to bring the cost down.

Quote often and quote early

Cost effective 2015 Honda Accord Hybrid insurance is possible from both online companies in addition to many insurance agents, and you need to price shop both in order to have the best chance of saving money. There are still a few companies who do not provide online price quotes and many times these small insurance companies only sell through independent insurance agents.

We just presented quite a bit of information on how to get a better price on insurance. The key thing to remember is the more you quote, the more likely it is that you will get a better rate. You may even find the biggest savings come from a smaller regional carrier.

Consumers switch companies for any number of reasons including high prices, policy non-renewal, being labeled a high risk driver and even unfair underwriting practices. Whatever your reason, choosing a new company can be easier than you think.

Additional insurance information is located at the links below