2017 Honda Accord Car Insurance Rates

Searching for cheap insurance coverage online is intimidating for consumers who are new to buying insurance on the web. With more and more companies in the marketplace, how are we expected to possibly compare every insurance coverage company to find the cheapest price possible?

It’s smart to compare premium rates once or twice a year since rates are rarely the same from one policy term to another. Even if you think you had the best rate for Accord coverage last year you may be paying too much now. Block out anything you think you know about insurance coverage because you’re about to learn the only way to get good coverage at a lower rate.

Seven factors that influence insurance premiums

A large part of saving on auto insurance is knowing the factors that go into determining your auto insurance rates. If you have some idea of what impacts premium levels, this allows you to make educated decisions that can earn you big savings.

The itemized list below are some of the things that factor into your rates.

• Teenage vs. mature drivers – Older, more experienced drivers are viewed as being more responsible, tend to cause fewer accidents .Teenage drivers are proven to be careless and easily distracted when at the wheel of a vehicle and because of this, their auto insurance rates are much higher.
• Premiums are affected by your credit rating – An insured’s credit rating can be an important factor in determining your rates. People that have high credit ratings tend to be more responsible and file fewer claims than those with lower credit ratings. Therefore, if your credit score is low, you could save money insuring your 2017 Honda Accord by repairing your credit.
• Don’t skimp on liability insurance – Your auto insurance policy’s liability coverage is the coverage that protects you when a jury decides you are liable for causing personal injury or damage in an accident. Liability provides you with a defense in court starting from day one. Liability insurance is quite affordable compared to other policy coverages, so drivers should carry high limits.
• Auto insurance policy lapses increase prices – Not having insurance is a big no-no and you will pay a penalty because you let your insurance lapse for non-payment. Not only will you pay higher rates, getting caught without coverage will get you a fine, jail time, or a revoked license.
• Commute or pleasure use – The higher the mileage driven annually the higher the price you pay to insure it. A lot of companies rate vehicles based on how the vehicle is used. Cars that do not get driven very much receive lower rates than those that get driven frequently. Double check that your policy correctly shows annual mileage, because it can save money. Incorrect rating for your Accord can cost quite a bit.
• Save money with higher physical damage deductibles – Your deductibles tell how much you are required to spend out-of-pocket in the event of a claim. Physical damage coverage, commonly called comprehensive (or other-than-collision) and collision coverage, protects your car from damage. Some coverage claims are collision with another vehicle, hail damage, and having a roll-over accident. The more expense you are required to pay out-of-pocket, the less money you will pay for auto insurance for Accord coverage.
• Policy add-ons can waste money – There are quite a few extra coverages that you can get tricked into buying if you don’t pay attention. Coverages for rental car coverage, death and dismemberment, and extra life insurance coverage are examples of these. They may sound like good ideas when deciding what coverages you need, but your needs may have changed so remove them and pocket the money.

The quickest method to compare rate quotes utilizes the fact auto insurance companies will pay a fee to provide you with a free rate quote. The one thing you need to do is provide a small amount of information like if you went to college, how many miles driven, deductibles desired, and if your license is active. Those rating factors is then submitted to multiple different insurance companies and they return rate quotes with very little delay.

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

 Secured with SHA-256 Encryption

The car insurance bait and switch

Car insurance providers like State Farm, Allstate and Geico continually stream ads on TV and radio. They all make the same claim of big savings if you just switch your coverage. Is it even possible that every company can give you a better price?

Different companies have an ideal profile for the type of driver they prefer to insure. For example, a desirable risk should be over the age of 40, has never had a policy lapse, and has a short commute. Anybody who matches those parameters will get very good auto insurance rates and have a good chance to cut their rates if they switch.

Potential customers who fall short of these standards will be charged a higher premium and this can result in business going elsewhere. If you listen to the ad wording, they say “people that switch” not “everybody who quotes” can get the lowest rates when switching. That’s why companies can truthfully advertise the way they do. Because each company has a different risk profile, you absolutely need to compare price quotes frequently. It’s not possible to predict the company that will have the best auto insurance rates at this point in time.

Find hidden discounts on car insurance

Car insurance can cost a lot, but you may qualify for discounts that you may not even know about. Some of these disounts will be visible when you get a quote, but some need to be asked about before they will apply.

• Bundled Policy Discount – If you insure your home and vehicles with one company they may give you a discount of as much as 10 to 15 percent.
• Discount for Life Insurance – Larger insurance companies have a discount if you purchase a life insurance policy as well.
• Senior Citizen Discount – Seniors can possibly qualify for better car insurance rates for Accord coverage.
• Active Military Service – Being deployed with a military unit could be rewarded with lower premium rates.
• Seat Belts Save – Drivers who require all vehicle occupants to wear their seat belts could cut 10% or more on medical payment and PIP coverage.
• Waiver for an Accident – This one is not really a discount per se, but certain companies will forgive one accident before raising your premiums if you are claim-free prior to the accident.
• Telematics Devices – Drivers that enable their company to track driving habits remotely like Drivewise from Allstate or In-Drive from State Farm may see discounts as long as they are good drivers.
• E-sign – A few larger online companies will discount your bill up to fifty bucks for completing your application on the web.
• Safety Course Discount – Successfully completing a defensive driver class may get you a small discount and also improve your driving technique.
• Pay Upfront and Save – By paying your policy upfront rather than spreading payments over time you can avoid monthly service charges.

As a disclaimer on discounts, most credits do not apply to the entire cost. The majority will only reduce specific coverage prices like medical payments or collision. Just because it seems like it’s possible to get free car insurance, companies wouldn’t make money that way.

Large car insurance companies and the discounts they provide are outlined below.

• State Farm offers discounts for multiple policy, accident-free, anti-theft, student away at school, defensive driving training, and Steer Clear safe driver discount.
• American Family may include discounts for bundled insurance, good student, good driver, air bags, defensive driver, TimeAway discount, and Steer into Savings.
• AAA may have discounts that include education and occupation, multi-car, good driver, multi-policy, anti-theft, and pay-in-full.
• Geico offers premium reductions for multi-policy, seat belt use, daytime running lights, five-year accident-free, multi-vehicle, and emergency military deployment.
• Mercury Insurance offers discounts including good student, ease of repair, anti-theft, good driver, and multi-policy.
• Farmers Insurance policyholders can earn discounts including business and professional, electronic funds transfer, mature driver, teen driver, and alternative fuel.
• Progressive has savings for continuous coverage, good student, online quote discount, homeowner, online signing, and multi-policy.

Before buying, ask every insurance company to give you their best rates. Discounts may not apply to policyholders in every state. To see car insurance companies with discount rates, follow this link.

Tailor your insurance coverage coverage to you

When buying the best insurance coverage coverage, there isn’t really a “best” method to buy coverage. Coverage needs to be tailored to your specific needs.

For instance, these questions may help highlight whether or not you will benefit from professional help.

• Where can I find DUI or SR-22 insurance?
• Am I covered when using my vehicle for business?
• Am I covered when driving a rental car?
• Is my ex-spouse still covered by my policy?
• Should I bundle my homeowners policy with my auto?
• When does my teenage driver need to be added to my policy?
• Am I covered when driving someone else’s vehicle?
• Do I really need UM/UIM coverage?
• Are rock chip repairs covered?
• Am I missing any policy discounts?

If you don’t know the answers to these questions but you know they apply to you then you might want to talk to a licensed insurance agent. To find 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

Insurance coverage options for a 2017 Honda Accord

Learning about specific coverages of a insurance policy can help you determine which coverages you need and the correct deductibles and limits. The terms used in a policy can be difficult to understand and reading a policy is terribly boring.

Comprehensive or Other Than Collision – This coverage covers damage from a wide range of events other than collision. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against claims like hail damage, rock chips in glass, damage from getting keyed, theft and hitting a deer. The most your insurance company will pay is the cash value of the vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

Liability coverage – Liability coverage will cover damage or injury you incur to a person or their property by causing an accident. It protects YOU from legal claims by others, and doesn’t cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see policy limits of 25/50/25 which stand for a $25,000 limit per person for injuries, a total of $50,000 of bodily injury coverage per accident, and a total limit of $25,000 for damage to vehicles and property.

Liability coverage protects against claims like attorney fees, pain and suffering, court costs, medical services and structural damage. How much liability should you purchase? That is your choice, but it’s cheap coverage so purchase as much as you can afford.

Collision coverage – Collision insurance covers damage to your Accord 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 can pay for things like sideswiping another vehicle, crashing into a ditch and sustaining damage from a pot hole. Collision is rather expensive coverage, so consider removing coverage from lower value vehicles. Another option is to raise the deductible in order to get cheaper collision rates.

Medical costs insurance – Personal Injury Protection (PIP) and medical payments coverage kick in for expenses like prosthetic devices, EMT expenses and pain medications. The coverages can be used to fill the gap from your health insurance policy or if you are not covered by health insurance. They cover you and your occupants and also covers getting struck while a pedestrian. Personal Injury Protection is not available in all states but can be used in place of medical payments coverage

UM/UIM Coverage – This protects you and your vehicle when the “other guys” do not carry enough liability coverage. This coverage pays for injuries sustained by your vehicle’s occupants as well as damage to your Honda Accord.

Since many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. So UM/UIM coverage is important protection for you and your family.

What is YOUR best insurance company?

Drivers change insurance companies for many reasons like unfair underwriting practices, being labeled a high risk driver, delays in paying claims and denial of a claim. Whatever your reason, finding the right insurance provider is actually quite simple.

Cheap 2017 Honda Accord insurance can be purchased both online as well as from independent agents, so you should compare both so you have a total pricing picture. Some insurance providers don’t offer rate quotes online and many times these regional insurance providers only sell through independent insurance agents.

We just covered a lot of techniques to shop for 2017 Honda Accord insurance online. It’s most important to understand that the more rate comparisons you have, the higher the chance of saving money. Consumers could even find that the most savings is with a small local company.

More detailed insurance information is located at these sites:

• Teen Driving Statistics (Geico)
• Who Has Affordable Auto Insurance Rates for a Honda Accord in Aurora? (InsuranceAurora.com)
• Where can I buy Insurance? (Insurance Information Insitute)
• What is Gap Insurance? (Insurance Information Insitute)
• Vehicle Safety Ratings (iihs.org)

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

 Secured with SHA-256 Encryption