Cheap 2009 Honda Accord Insurance Rates

Perplexed by the crazy number of insurance coverage choices? People have so many choices available that it can be more work than you anticipated to find the best rates.

More discounts mean lower-cost premiums

Some providers don’t list all disounts in an easy-to-find place, so the list below contains a few of the more common and the harder-to-find discounts that you can inquire about if you buy insurance coverage online.

  • Good Student – Excelling in school can be rewarded with saving of up to 25%. This discount can apply until age 25.
  • Senior Discount – Drivers that qualify as senior citizens can get reduced rates on Accord coverage.
  • Anti-lock Brake Discount – Cars with ABS braking systems or traction control have fewer accidents and will save you 10% or more.
  • Discounts for New Vehicles – Insuring a vehicle that is new can be considerably cheaper because new vehicles have to meet stringent safety requirements.
  • One Accident Forgiven – This isn’t a discount exactly, but certain companies will let one accident slide without raising rates so long as you are claim-free before the accident.
  • Discount for Swiching Early – A few larger companies offer discounts for signing up before your current policy expires. It can save you around 10%.
  • No Claim Discounts – Good drivers with no accidents pay less when compared to policyholders that have many claims.
  • Discount for Passive Restraints – Options like air bags or automatic seat belts could see savings of 20 to 30 percent.

Keep in mind that most discounts do not apply to the entire cost. Most only reduce the cost of specific coverages such as liability and collision coverage. Despite the appearance that having all the discounts means you get insurance for free, you won’t be that lucky.

A few popular companies and a partial list of their discounts are included below.

  • GEICO may have discounts that include emergency military deployment, air bags, seat belt use, anti-lock brakes, federal employee, and driver training.
  • SAFECO has discounts for homeowner, safe driver, multi-car, anti-theft, teen safe driver, drive less, and anti-lock brakes.
  • State Farm may offer discounts for accident-free, student away at school, driver’s education, good driver, and safe vehicle.
  • MetLife has savings for multi-policy, accident-free, good student, claim-free, good driver, and defensive driver.
  • 21st Century includes discounts for good student, air bags, 55 and older, homeowners, teen driver, and student driver.
  • Progressive may include discounts for multi-vehicle, continuous coverage, good student, homeowner, multi-policy, and online signing.

It’s a good idea to ask every company to apply every possible discount. Savings may not be available in every state.

How to compare car insurance price quotes

There are a variety of methods to compare car insurance quotes, but there is one way that is less labor-intensive and much quicker. You can waste hours talking about coverages with local insurance agents in your area, or you could save time and use online quotes for quick rates.

Most car insurance companies participate in an industry program that allows shoppers to complete one form, and each participating company then gives them pricing based on that data. This system prevents you from having to do quote requests to every company.

To find out how much you can save on car insurance click to open in new window.

The single downside to using this type of form is you don’t know exactly the companies you want pricing from. So if you want to choose specific insurance companies for rate comparison, we put together a list of low cost car insurance companies in your area. Click here for list of insurance companies.

You can choose any of those ways to find more affodable coverage, but make absolute certain that you use exactly the same quote information for each quote you get. If you compare mixed coverages you will not be able to determine which rate is truly the best. Slightly different coverage limits can make a big difference in price. And when comparing car insurance rates, know that comparing more company’s prices helps you find better pricing.

It’s not one size fits all

When it comes to buying coverage, there really is no single plan that fits everyone. Your needs are not the same as everyone else’s.

For instance, these questions might help in determining if your insurance needs might need an agent’s assistance.

  • Do I need replacement cost coverage?
  • What are the financial responsibility laws in my state?
  • Am I covered if I wreck a rental car?
  • Should I file a claim if it’s only slightly more than my deductible?
  • Am I covered when driving a rental car?
  • If my 2009 Honda Accord is totaled, can I afford another vehicle?

If you can’t answer these questions but you think they might apply to your situation, you may need to chat with an agent. To find lower rates from a local agent, take a second and complete this form.

Car insurance coverage information

Knowing the specifics of insurance can help you determine the best coverages for your vehicles. The terms used in a policy can be confusing and nobody wants to actually read their policy.

Collision insurance

Collision coverage pays for damage to your Accord resulting from colliding with another car or object. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims such as hitting a parking meter, colliding with another moving vehicle, rolling your car and scraping a guard rail. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. You can also bump up the deductible to bring the cost down.

Liability insurance

This coverage will cover damage that occurs to a person or their property that is your fault. It protects YOU from legal claims by others. Liability doesn’t cover your own vehicle damage or injuries.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have limits of 25/50/25 that means you have $25,000 in coverage for each person’s 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 can pay for claims such as pain and suffering, legal defense fees, loss of income, bail bonds and repair bills for other people’s vehicles. The amount of liability coverage you purchase is up to you, but consider buying as much as you can afford.

Uninsured/Underinsured Motorist coverage

Your UM/UIM coverage provides protection from other motorists when they either are underinsured or have no liability coverage at all. Covered claims include hospital bills for your injuries and damage to your Honda Accord.

Since many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is very important.

Medical payments coverage and PIP

Med pay and PIP coverage reimburse you for short-term medical expenses like funeral costs, doctor visits, nursing services, surgery and dental work. The coverages can be used to fill the gap from your health insurance program or if you do not have health coverage. They cover all vehicle occupants and will also cover getting struck while a pedestrian. Personal Injury Protection is not universally available and gives slightly broader coverage than med pay

Comprehensive coverage

Comprehensive insurance pays to fix your vehicle from damage from a wide range of events other than collision. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims like damage from getting keyed, rock chips in glass and hail damage. The highest amount you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Get your money’s worth

People switch companies for many reasons like denial of a claim, policy cancellation, policy non-renewal and an unsatisfactory settlement offer. Whatever your reason, finding a great new company can be easy and end up saving you some money.

When shopping online for insurance coverage, make sure you don’t reduce coverage to reduce premium. Too many times, consumers will sacrifice physical damage coverage and found out when filing a claim that the savings was not a smart move. The goal is to buy enough coverage for the lowest cost while not skimping on critical coverages.

Affordable 2009 Honda Accord insurance can be bought from both online companies and from local insurance agents, and you should compare rates from both in order to have the best chance of saving money. A few companies do not offer online quoting and most of the time these small insurance companies work with local independent agencies.

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