2017 Honda Accord Hybrid Insurance Quotes – 5 Discounts for Best Rates

Trying to find the cheapest insurance rates for your Honda Accord Hybrid? Tired of sacrificing other expenses to insure your Honda every month? Your situation is no different than most other people. Big-name insurance companies like GEICO, Farmers Insurance and State Farm constantly blast consumers with fancy advertisements and it is challenging if not impossible to sift through the bull and find the best price available.

If you have insurance now or are looking for a new policy, you can use this information to get lower rates and still get good coverage. Choosing the best insurance company for you is easy if you know what you’re doing. Drivers just need to understand the most effective way to buy insurance on the web.

How to buy insurance coverage

Getting a low cost price on 2017 Honda Accord Hybrid insurance is not a difficult process. All that’s required is to invest a little time to get quotes from online providers. It is quite easy and can be accomplished using one of these methods.

  • One of the fastest ways to get quotes is a comparison rater form click to view form in new window. This form eliminates the need for separate quotation requests for each company. A single, simple form will return price quotes from insurance coverage companies with the best prices.
  • A different way to obtain and compare quotes online is to take the time to go to the website for each individual company and fill out a new quote form. For sake of this example, let’s assume you want comparison quotes from Auto-Owners, Progressive and GEICO. To do that, you would have to go to each individual site and type in your information over and over, which is why first method is reommended.

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

  • The least recommended way to compare price quotes is to spend your day driving to insurance agents’ offices. Doing it all online has reduced the need for local agents unless you require the guidance of a local agency. It is possible with some companies obtain prices from the web but purchase the actual policy in an agency.

You can choose any of those ways to find more affodable coverage, but try to keep equivalent coverages with each company. If your comparisons have different values for each quote it will be very difficult to make a fair comparison for your Honda Accord Hybrid.

Do you really save 40% when you switch?

Consumers can’t ignore all the ads for cheaper car insurance from the likes of State Farm and Allstate. All the ads seem to make the promise that you’ll save big if you move your car insurance coverage to their company.

It sounds good, but how can they all give you a better price? It’s all in the words they use.

All companies have strict underwriting profiles for a prospective insured that earns them the highest profit. One example of a preferred risk might have to be between the ages of 40 and 55, has a clear driving record, and drives newer vehicles. Anyone who fits those characteristics will get a cheap rate quote and is almost guaranteed to cut their rates if they switch.

People who do not fit the ideal profile will get higher premium rates which translates to the customer buying from a different company. If you listen closely, the ads state “drivers that switch” but not “everyone who gets a quote” can get the lowest rates when switching. That’s why companies can truthfully make claims that they all have the best premium rates. Because each company has a different risk profile, it is so important to compare quotes as often as possible. It’s impossible to know which car insurance company will have the best auto insurance rates at this point in time.

Save a ton with these five discounts

Some providers do not advertise every discount they offer very well, so the following is a list of a few of the more well known as well as some of the hidden insurance savings.

  • Discount for Swiching Early – A few insurance companies allow discounts for switching companies prior to your current policy expiring. You may see this discount when you get insurance quotes online.
  • Homeowners Pay Less – Just being a homeowner can help you save on insurance because of the fact that having a home is proof of financial responsibility.
  • Driver Safety – Successfully completing a driver safety course could save 5% or more and easily recoup the cost of the course.
  • Discounts for Seat Belt Usage – Requiring all passengers to wear their seat belts can save up to 15% off the PIP or medical payment premium.
  • Anti-theft System – Cars and trucks optioned with advanced anti-theft systems have a lower chance of being stolen and will save you 10% or more.

A little disclaimer on discounts, some of the credits will not apply to your bottom line cost. Some only apply to the cost of specific coverages such as medical payments or collision. So when the math indicates all those discounts means the company will pay you, it’s just not the way it works. But all discounts should help reduce your overall bill.

To choose insurance companies that offer multiple discounts, follow this link.

Car insurance can be complex

When buying proper insurance coverage, there is no best way to insure your cars. Everyone’s situation is a little different and your policy should reflect that. For instance, these questions may help you determine if you might need professional guidance.

  • Am I covered by my employer’s commercial auto policy when driving my personal car for business?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • Can I get a multi-policy discount?
  • Is a blown tire covered by insurance?
  • Do I need added coverage for expensive stereo equipment?
  • What is PIP insurance?
  • What are the best liability limits?
  • When would I need additional glass coverage?
  • I have good health insurance, so how much medical payments coverage do I need?

If it’s difficult to answer those questions, then you may want to think about talking to a licensed insurance agent. To find lower rates from a local agent, simply complete this short form or you can go here for a list of companies in your area. It is quick, free and can provide invaluable advice.

Insurance policy specifics

Having a good grasp of your policy aids in choosing the right coverages for your vehicles. The terms used in a policy can be confusing and even agents have difficulty translating policy wording. Below you’ll find the usual coverages found on the average insurance policy.

Liability insurance – This coverage protects you from injuries or damage you cause to a person or their property. Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see policy limits of 50/100/50 which means a limit of $50,000 per injured person, $100,000 for the entire accident, and a total limit of $50,000 for damage to vehicles and property.

Liability can pay for claims like attorney fees, legal defense fees, medical services and pain and suffering. How much liability coverage do you need? That is a decision to put some thought into, but it’s cheap coverage so purchase higher limits if possible.

Comprehensive coverage (or Other than Collision) – Comprehensive insurance coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims like hail damage, damage from a tornado or hurricane, theft and rock chips in glass. The maximum amount you can receive from a comprehensive claim is the actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.

Collision coverages – This coverage pays for damage to your Accord Hybrid resulting from a 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 insurance covers claims such as hitting a parking meter, scraping a guard rail, crashing into a ditch, colliding with another moving vehicle 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. Another option is to choose a higher deductible to get cheaper collision coverage.

Uninsured Motorist or Underinsured Motorist insurance – This coverage gives you protection when other motorists are uninsured or don’t have enough coverage. Covered losses include medical payments for you and your occupants and damage to your Honda Accord Hybrid.

Since a lot of drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Insurance for medical payments – Coverage for medical payments and/or PIP pay for short-term medical expenses such as prosthetic devices, doctor visits and nursing services. They are often used in conjunction with a health insurance plan or if you lack health insurance entirely. It covers not only the driver but also the vehicle occupants in addition to if you are hit as a while walking down the street. Personal injury protection coverage is not an option in every state but can be used in place of medical payments coverage

Shop smart and save

The cheapest 2017 Honda Accord Hybrid insurance can be sourced from both online companies as well as from insurance agents, so get free insurance quotes from both of them to have the best chance of lowering rates. Some companies may not have online price quotes and these smaller companies only sell through independent agencies.

When getting insurance quotes online, you should never buy poor coverage just to save money. There have been many cases where an insured cut liability limits or collision coverage and found out when filing a claim that a couple dollars of savings turned into a financial nightmare. The proper strategy is to purchase plenty of coverage at the best possible price.

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