Save on 2005 Honda Accord Car Insurance Quotes

Searching for cheaper auto insurance rates for your Honda Accord? No normal person likes buying auto insurance, especially when they could get a better deal. There are many auto insurance companies to choose from, and even though it’s nice to have a selection, more choices can make it harder to find the best rates.

You should take the time to quote other rates quite often because prices change regularly. Just because you had the lowest quotes on Accord coverage two years ago you can probably find a better rate now. There are lots of tips to save on auto insurance online, but in this article, you’re going to get the best ways to lower your auto insurance rates.

How to lower your insurance prices

An important part of buying insurance is that you know some of the things that come into play when calculating the rates you pay for insurance coverage. If you have a feel for what controls the rates you pay, this allows you to make good choices that can help you get lower insurance coverage prices.

Listed below are some of the most rate-impacting factors used by your company to calculate your premiums.

  • Low physical damage deductibles cost more – Physical damage protection, commonly called comprehensive (or other-than-collision) and collision coverage, protects your Honda from damage. A few examples of covered claims are collision with another vehicle, collision with an animal, or theft. Deductibles for physical damage tell how much you are required to pay in the event of a claim. The more money the insured has to pay upfront, the less money you will pay for insurance coverage on Accord coverage.
  • Optional features impact insurance coverage rates – Choosing to buy a car with anti-theft technology or alarm system can help bring down rates. Advanced theft deterrents such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all hinder auto theft and help lower rates.
  • Do you have enough liability protection? – A critical coverage on your policy, liability insurance kicks in if ever you are determined to be liable for causing personal injury or damage in an accident. It provides legal defense starting from day one. Liability insurance is pretty cheap compared to other policy coverages, so do not cut corners here.
  • Premiums increase with driving tickets – Just one citation can increase the cost of insurance forty percent or more. Attentive drivers pay lower auto insurance prices than their less careful counterparts. People who have flagrant citations like hit and run, DWI or reckless driving convictions may be required to submit a SR-22 form with their state motor vehicle department in order to keep their license.

How to find affordable insurance

There are a lot of ways to compare insurance quotes, but there is one way that is easier and takes less work. You can waste a few hours (or days) talking about coverages with agents in your area, or you can utilize online quotes to get rates in a matter of minutes.

Most of the larger companies participate in an industry program where prospective buyers send in one quote, and at least one company provides a quote based on that data. This prevents consumers from doing quotation requests to every company.

To access this free quoting program, click here (opens in new window).

The single downside to pricing coverage this way is you cannot specify which insurance companies to get quotes from. If you prefer to choose from a list of companies to compare rates, we have a page of the cheapest insurance companies in your area. Click to view list.

Whichever way you use, make sure you compare nearly identical coverage information for each price quote. If the quotes have different data it will be nearly impossible to make a fair rate comparison.

Insurance coverage policy discounts you can’t miss

Some providers don’t always advertise every discount very clearly, so we researched some of the more common and the more hidden credits available to lower your premiums when you buy insurance online.

  • College Student – Kids living away from home attending college and don’t have a car may qualify for this discount.
  • One Accident Forgiven – Not a discount per se, but a handful of insurance companies may permit one accident without getting socked with a rate hike if you have no claims for a specific time period.
  • Paper-free Discount – Certain larger companies provide a small discount for buying your policy digitally online.
  • Student Discounts – Performing well in school can save 20 to 25%. You can use this discount normally until age 25.
  • Discount for Home Ownership – Owning a house can get you a discount because maintaining a house shows financial diligence.
  • Employee of Federal Government – Simply working for the federal government could qualify for a slight premium decrease on Accord coverage with certain companies.
  • Theft Prevention System – Cars, trucks, and SUVs that have factory anti-theft systems can help prevent theft and can earn a small discount on your policy.
  • Include Life Insurance and Save – Larger insurance coverage companies have a break if you buy life insurance.

We need to note that most discounts do not apply to your bottom line cost. The majority will only reduce individual premiums such as comp or med pay. So even though it sounds like it’s possible to get free car insurance, it’s just not the way it works. But any discount will help reduce your policy cost.

To locate insurers who offer cheap insurance coverage quotes, follow this link.

Insurance agents can help

When buying coverage for your vehicles, there really is no “best” method to buy coverage. Everyone’s needs are different so your insurance needs to address that. These are some specific questions can aid in determining whether you will benefit from professional help.

  • When should my teen driver be added to my policy?
  • Do I need an umbrella policy?
  • Is my babysitter covered when using my vehicle?
  • Will I be non-renewed for getting a DUI or other conviction?
  • Do I need replacement cost coverage?
  • How do I buy GAP insurance?

If you can’t answer these questions but you know they apply to you, you may need to chat with a licensed insurance agent. To find an agent in your area, complete this form or you can go here for a list of companies in your area. It’s fast, doesn’t cost anything and can provide invaluable advice.

Information about specific coverages

Knowing the specifics of your auto insurance policy can be of help when determining the right coverages and the correct deductibles and limits. Auto insurance terms can be confusing and reading a policy is terribly boring. Shown next are typical coverage types available from auto insurance companies.

Protection from uninsured/underinsured drivers – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other motorists when they either are underinsured or have no liability coverage at all. Covered losses include medical payments for you and your occupants and damage to your Honda Accord.

Due to the fact that many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is a good idea.

Collision coverage – Collision insurance pays to fix your vehicle from damage resulting from a collision with an object or car. You will need to pay your deductible and then insurance will cover the remainder.

Collision insurance covers things like driving through your garage door, hitting a parking meter, sustaining damage from a pot hole, colliding with another moving vehicle and sideswiping another vehicle. Paying for collision coverage can be pricey, so consider removing coverage from older vehicles. It’s also possible to choose a higher deductible to get cheaper collision coverage.

Medical expense insurance – Medical payments and Personal Injury Protection insurance kick in for expenses like surgery, ambulance fees, hospital visits and nursing services. They are often used in conjunction with a health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover both the driver and occupants and will also cover any family member struck as a pedestrian. Personal injury protection coverage is not universally available and gives slightly broader coverage than med pay

Liability – Liability coverage will cover injuries or damage you cause to other people or property by causing an accident. This coverage protects you from claims by other people, and does not provide coverage for your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see policy limits of 25/50/25 that translate to a limit of $25,000 per injured person, a per accident bodily injury limit of $50,000, and $25,000 of coverage for damaged propery.

Liability insurance covers claims like loss of income, pain and suffering, repair costs for stationary objects, legal defense fees and attorney fees. How much coverage you buy is a decision to put some thought into, but buy as much as you can afford.

Comprehensive (Other than Collision) – Comprehensive insurance coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for claims such as theft, hitting a deer, a tree branch falling on your vehicle and falling objects. The maximum amount your auto insurance company will pay is the actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Smart shoppers get results

When shopping online for insurance coverage, it’s a bad idea to skimp on critical coverages to save a buck or two. In too many instances, someone dropped uninsured motorist or liability limits and learned later that saving that couple of dollars actually costed them tens of thousands. Your goal should be to purchase a proper amount of coverage for the lowest cost while not skimping on critical coverages.

Some insurance companies do not provide price quotes online smaller companies prefer to sell through independent agencies. Cheap 2005 Honda Accord insurance is possible from both online companies in addition to many insurance agents, and you should compare price quotes from both to get a complete price analysis.

More information can be found at the links below