Compare 1993 Honda Accord Insurance Quotes

Looking for lower insurance coverage rates for your Honda Accord? When searching for cheaper insurance, are you overwhelmed by the wide range of insurance coverage sources in your area? Many other people are too. There are so many sources available that it is a big hassle to find the lowest price.

This article will familiarize you with how car insurance quotes work and some tricks to saving. If you currently have car insurance, you stand a good chance to be able to reduce your rates substantially using these methods. Although car owners must understand how the larger insurance companies compete online and take advantage of how the system works.

The most recommended method to compare policy rates is to take advantage of the fact most of the bigger providers participate in online systems to compare rate quotes. The only thing you need to do is provide a small amount of information including which vehicles you own, whether your vehicle is owned or leased, any included safety features, and how much school you completed. Your insurance information is instantly submitted to insurance carriers in your area and they return rate quotes within a short period of time.

Misconceptions in car insurance advertisements

Companies like Allstate, Geico and Progressive endlessly run television and radio advertisements. All the companies say the same thing that drivers will save a bundle if you just switch your policy. How is it plausible that every one can give you a lower rate? This is the way they can do it.

Car insurance companies require specific criteria for the type of customer that will not have excessive claims. An example of this type of risk profile could possibly be married and over the age of 30, has few claims, and chooses high deductibles. Any driver who meets those qualifications will probably get the lowest rates and is almost guaranteed to save a lot if they switch.

People who don’t qualify for these stringent criteria will be charged higher rates and this can result in the customer buying from a different company. The ads say “drivers that switch” but not “everyone who gets a quote” save money. That is how companies can truthfully make those claims.

Because of this risk profiling, drivers must compare rate quotes every year. You cannot predict which insurance companies will have the best premium rates.

Enter your zip code below to view companies that have cheap auto insurance rates.

 Secured with SHA-256 Encryption

How your Accord insurance rates are determined

One of the most helpful ways to save on auto insurance is to to have a grasp of a few of the rating criteria that play a part in calculating your policy premiums. If you understand what determines premiums, this empowers consumers to make smart changes that may reward you with cheaper rates. Multiple criteria are used when premium rates are determined. Some are pretty understandable such as traffic violations, but some are less obvious like where you live or your vehicle rating.

The itemized list below are just a few of the factors used by companies to determine premiums.

• Tickets and citations cost more than a fine – Drivers with clean records pay lower auto insurance prices compared to bad drivers. Just one chargable violation can boost insurance rates twenty percent or more. Drivers with serious violations like hit and run, DWI or reckless driving convictions might be required by their state to submit a SR-22 form with their state’s licensing department in order to legally drive a vehicle.
• Cars with good safety ratings save money – Safe vehicles get lower rates. Safer cars result in less severe injuries and lower injury rates translates into fewer and smaller insurance claims which can mean better rates for you.
• Lower auto insurance rates with continuous coverage – Letting your insurance expire will be a sure-fire way to increase your auto insurance rates. Not only will rates go up, failure to provide proof of insurance may earn you a steep fine or even jail time. You may have to submit proof of financial responsibility or a SR-22 with your state department of motor vehicles.
• Insurance rates for married couples – Having a wife or husband can get you a discount when shopping for auto insurance. Having a significant other translates into being more responsible and statistics show married drivers tend to file fewer claims.
• Can a thief steal your car? – Owning a car with a theft deterrent system can save you some money. Systems that thwart theives like GM’s OnStar, tamper alarm systems and vehicle immobilizers can thwart auto theft.

Double check you’re getting these money-saving discounts

Car insurance companies don’t always list all available discounts very clearly, so the list below details a few of the more common and also the lesser-known credits that may apply to you. If you do not double check each discount you deserve, you could be saving more on your insurance coverage.

• Low Mileage Discounts – Fewer annual miles on your Honda could earn lower premium rates due to less chance of an accident.
• Government Employees – Active or retired federal employment can earn a discount up to 10% on Accord insurance with select insurance companies.
• Homeowners Savings – Just owning your own home can get you a discount because maintaining a house requires personal responsibility.
• Sign Online – Certain larger companies will discount your bill up to fifty bucks for signing up over the internet.
• Onboard Data Collection – Drivers that enable driving data collection to study vehicle usage by using a telematics device in their vehicle such as Progressive’s Snapshot and State Farm’s In-Drive may see discounts if they have good driving habits.

One last thing about discounts, many deductions do not apply to the entire policy premium. Most cut the cost of specific coverages such as comprehensive or collision. So despite the fact that it appears it’s possible to get free car insurance, company stockholders wouldn’t be very happy.

Companies that may have these money-saving discounts may include but are not limited to:

• Progressive
• Geico
• State Farm
• Esurance
• The Hartford

Double check with every insurance company which discounts can lower your rates. Some of the discounts discussed earlier may not apply in every state. To locate insurance coverage companies that offer many of these discounts, click here.

Do I need special coverages?

When buying proper insurance coverage, there really is no cookie cutter policy. Coverage needs to be tailored to your specific needs.

Here are some questions about coverages that could help you determine if your situation may require specific advice.

• Does insurance cover damages from a DUI accident?
• Does coverage extend to a rental car in a foreign country?
• Am I covered if I hit my neighbor’s mailbox?
• Do I have newly-aquired coverage?
• If I drive on a suspended license am I covered?
• Will my insurance pay for OEM parts?
• Should I buy more coverage than the required minimum liability coverage?
• What is an SR-22 filing?
• How many claims can I have before being cancelled?
• What can I do if my company denied a claim?

If it’s difficult to answer those questions, then you may want to think about talking to a licensed insurance agent. If you want to speak to an agent in your area, fill out this quick form.

Enter your zip code below to view companies that have cheap auto insurance rates.

 Secured with SHA-256 Encryption

Coverage specifics

Understanding the coverages of a insurance policy can be of help when determining which coverages you need and the correct deductibles and limits. The coverage terms in a policy can be difficult to understand and reading a policy is terribly boring.

Collision coverage

This coverage pays to fix your vehicle from damage from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims such as rolling your car, sideswiping another vehicle, colliding with another moving vehicle and driving through your garage door. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from lower value vehicles. Drivers also have the option to choose a higher deductible to save money on collision insurance.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Your UM/UIM coverage gives you protection from other motorists when they do not carry enough liability coverage. Covered claims include injuries sustained by your vehicle’s occupants as well as damage to your Honda Accord.

Since a lot of drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is a good idea. Frequently your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

Comprehensive auto coverage

This coverage covers damage OTHER than collision with another vehicle or object. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for claims such as a broken windshield, hitting a bird, fire damage, damage from flooding and falling objects. The most a insurance company will pay at claim time is the market value of your vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.

Medical payments and PIP coverage

Coverage for medical payments and/or PIP reimburse you for expenses such as nursing services, hospital visits, ambulance fees and pain medications. They can be used to cover expenses not covered by your health insurance policy or if you do not have health coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants and will also cover if you are hit as a while walking down the street. Personal Injury Protection is not available in all states but it provides additional coverages not offered by medical payments coverage

Liability insurance

Liability insurance provides protection from injuries or damage you cause to a person or their property by causing an accident. This insurance protects YOU from legal claims by others. Liability doesn’t 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 values of 25/50/25 that translate to a limit of $25,000 per injured person, a limit of $50,000 in injury protection per accident, and a total limit of $25,000 for damage to vehicles and property. Alternatively, you may have a combined limit which combines the three limits into one amount with no separate limits for injury or property damage.

Liability can pay for things like repair bills for other people’s vehicles, court costs, medical expenses, legal defense fees and funeral expenses. The amount of liability coverage you purchase is up to you, but it’s cheap coverage so purchase higher limits if possible.

Final thoughts

As you quote car insurance, you should never sacrifice coverage to reduce premiums. There have been many cases where someone sacrificed full coverage only to regret they didn’t have enough coverage. Your objective should be to buy a smart amount of coverage at the best cost, but do not sacrifice coverage to save money.

We just presented many tips how you can save on 1993 Honda Accord insurance. It’s most important to understand that the more rate comparisons you have, the higher your chance of finding the cheapest car insurance. You may even find the best price on auto insurance is with the smaller companies.

Insureds leave their current company for many reasons like not issuing a premium refund, unfair underwriting practices, being labeled a high risk driver or even denial of a claim. Regardless of your reason for switching companies, choosing a new insurance company is not as difficult as it may seem.

To learn more, feel free to browse the resources below:

• How Can I Save Money on Auto Insurance? (Insurance Information Insitute)
• What Does No-Fault Insurance Cover? (Allstate)
• Safe Vehicles for Teens (iihs.org)
• Your Car has been Stolen: Now What? (Allstate)
• Help Your Teen Be a Better Driver (State Farm)
• Drunk Driving Statistics (Insurance Information Insitute)

Enter your zip code below to view companies that have cheap auto insurance rates.

 Secured with SHA-256 Encryption