1995 Honda Accord Insurance Quotes – 9 Tips for Cheapest Rates

Looking for better car insurance rates for your Honda Accord? Paying for expensive Honda Accord insurance can drain your checking account and make it hard to pay other bills. Comparing rates annually is an excellent way to make ends meet.

Insurance companies such as GEICO, Farmers Insurance and State Farm promote their brand names with fancy advertisements and it is challenging if not impossible to ignore the propoganda and take the time to shop coverage around.

If you currently have a car insurance policy, you stand a good chance to be able to lower your premiums substantially using these methods. Buying car insurance is quite easy. Although car owners can benefit from knowing the way companies price online insurance.

How much does car insurance cost?

There are a variety of methods you can shop for car insurance but some are more efficient than others. You could waste a few hours driving to agents in your area, or you can utilize the internet to maximize your effort.

Many popular insurance companies belong to an insurance system where prospective buyers send in one quote, and each company returns a competitive quote determined by their information. This saves time by eliminating quotation requests for every car insurance company.

To compare pricing click here (opens in new window).

The only downside to comparing rates this way is that you can’t choose the insurers you want to price. So if you want to select specific providers to compare rates, we have assembled a list of the cheapest car insurance companies in your area. Click to view list.

Compare rates however you want, just compare equivalent coverages and limits for every company. If you are comparing higher or lower deductibles you will not be able to make an equal comparison. Having just a slight variation in insurance coverages could throw off the whole comparison. Keep in mind that getting more free quotes helps increase your odds of locating lower pricing. Some regional insurers cannot provide online quotes, so it’s important to compare prices from those companies as well.

Discounts can really help save money

Auto insurance is expensive, but you may be missing some discounts that you may not know about. Larger premium reductions will be automatically applied at quote time, but some must be asked for before you get the savings. If you aren’t receiving every discount available, you’re paying more than you need to.

  • Early Payment Discounts – By paying your entire bill at once instead of monthly or quarterly installments you may reduce your total bill.
  • Smart Student Discounts – Being a good student may save as much as 25% on a auto insurance quote. The discount lasts until age 25.
  • Passenger Safety Discount – Factory options such as air bags or motorized seat belts can qualify for discounts of 25 to 30%.
  • Discount for Life Insurance – Not all insurance carriers offer life insurance, but some may give you a small discount if you purchase life insurance from them.
  • Driver Education Discount – Require your teen driver to successfully complete driver’s ed class if it’s offered in school.
  • Discount for Low Mileage – Maintaining low annual mileage could earn discounted premium rates on garaged vehicles.
  • Seat Belts Save more than Lives – Drivers who always wear seat belts and also require passengers to buckle up can save up to 15% on medical payment and PIP coverage.
  • Multi-Vehicle Discounts – Insuring all your vehicles with one company may reduce the rate for each vehicle.
  • Paperless Signup – Certain larger companies provide a small discount get auto insurance on the web.

It’s important to note that most of the big mark downs will not be given to all coverage premiums. Most only cut the cost of specific coverages such as liability and collision coverage. Even though it may seem like it’s possible to get free car insurance, insurance companies wouldn’t stay in business.

A few companies that may offer these discounts may include but are not limited to:

Before buying, ask every insurance company which discounts you may be entitled to. Some discounts might not be available to policyholders in your area. To find auto insurance companies who offer cheap auto insurance quotes, follow this link.

Will just any policy work for me?

When buying coverage for your vehicles, there isn’t really a “best” method to buy coverage. Every insured’s situation is different so your insurance should reflect that These are some specific questions can help discover if your insurance needs may require specific advice.

  • When should I remove comp and collision on my 1995 Honda Accord?
  • Is my custom paint covered by insurance?
  • Do I need higher collision deductibles?
  • Is my 1995 Honda Accord covered for flood damage?
  • Do I get a pro-rated refund if I cancel my policy early?
  • Why am I required to get a high-risk car insurance policy?

If you can’t answer these questions, you may need to chat with a licensed insurance agent. To find an agent in your area, take a second and complete this form or you can go here for a list of companies in your area.

Switch companies and save? Really?

Companies like Progressive, GEICO, Allstate and State Farm constantly bombard you with television and radio advertisements. They all make the same claim about saving some big amount if you move your policy. How is it possible that every company can say the same thing?

Most companies quote their best rates for the right customer that earns them the most money. An example of a desirable insured may be between 25 and 40, owns their home, and drives less than 7,500 miles a year. A propective insured that fits those parameters will get low rates and will save a lot of money.

Insureds who are not a match for this stringent profile will have to pay higher premiums with the end result being business not being written. If you pay close attention to the ads, they say “people that switch” not “everybody who quotes” save that much when switching. This is how companies can claim big savings.

This illustrates why drivers should compare rate quotes every year. Because you cannot predict the company that will be your best fit.

Car insurance coverage considerations

Understanding the coverages of your policy can be of help when determining which coverages you need for your vehicles. The terms used in a policy can be confusing and reading a policy is terribly boring. Shown next are typical coverage types found on the average car insurance policy.

Medical payments and PIP coverage

Personal Injury Protection (PIP) and medical payments coverage kick in for immediate expenses for things like rehabilitation expenses, surgery and EMT expenses. They are used to fill the gap from your health insurance plan or if there is no health insurance coverage. They cover not only the driver but also the vehicle occupants as well as if you are hit as a while walking down the street. Personal injury protection coverage is not available in all states and may carry a deductible

Comprehensive auto coverage

Comprehensive insurance coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against things like fire damage, vandalism and rock chips in glass. The maximum payout you can receive from a comprehensive claim is the actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Auto liability insurance

This coverage provides protection from damage that occurs to people or other property that is your fault. It protects you against other people’s claims. Liability doesn’t cover damage sustained by your vehicle in an accident.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see values of 25/50/25 which means a $25,000 limit per person for injuries, a total of $50,000 of bodily injury coverage per accident, and $25,000 of coverage for damaged propery. Another option is a combined single limit or CSL which provides one coverage limit and claims can be made without the split limit restrictions.

Liability insurance covers claims like funeral expenses, pain and suffering, attorney fees, medical services and court costs. How much liability should you purchase? That is up to you, but you should buy as high a limit as you can afford.

Collision coverage protection

This coverage pays for damage to your Accord caused by collision with a stationary object or other vehicle. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for things like sideswiping another vehicle, colliding with another moving vehicle, damaging your car on a curb, hitting a mailbox and scraping a guard rail. This coverage can be expensive, so consider dropping it from vehicles that are older. It’s also possible to choose a higher deductible in order to get cheaper collision rates.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Your UM/UIM coverage provides protection when the “other guys” do not carry enough liability coverage. Covered claims include hospital bills for your injuries and also any damage incurred to your Honda Accord.

Because many people only carry the minimum required liability limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages should not be overlooked. Normally these limits are similar to your liability insurance amounts.

Save for a rainy day

When trying to cut insurance costs, it’s not a good idea to skimp on critical coverages to save a buck or two. There are many occasions where an insured dropped uninsured motorist or liability limits only to regret at claim time they didn’t have enough coverage. The proper strategy is to find the BEST coverage for the lowest cost.

Cheap 1995 Honda Accord insurance is possible both online and also from your neighborhood agents, so you should compare both to get a complete price analysis. Some insurance companies do not provide internet price quotes and usually these regional carriers sell through local independent agents.

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