2003 Honda Accord Insurance Quotes – 7 Discounts for Best Rates

Are you sick and tired of being strong-armed to keep your car insured? You’re in the same situation as millions of other vehicle owners. With vehicle owners having so many insurance companies to choose from, it is hard for the average consumer to find the lowest cost company.

You should take the time to check insurance coverage prices periodically because insurance prices are rarely the same from one policy term to another. Despite the fact that you may have had the best rate for Accord insurance at your last renewal the chances are good that you can find a lower premium rate today. There is too much inaccurate information about insurance coverage on the web, but I’m going to show you some great ideas on how to find cheap insurance coverage.

The quickest way to compare policy rates is to know the trick most of the larger companies have advanced systems to give you rate quotes. To get started, all you need to do is give them rating details including if the vehicle is leased, if a SR-22 is needed, the year, make and model of vehicles, and whether you are single or married. Those rating factors is instantly sent to many highly-rated insurers and you will get price comparisons almost instantly.

To check Honda Accord insurance prices now, click here and complete the quick form.

Insurance policy discounts you can’t miss

Car insurance companies don’t list every available discount in an easy-to-find place, so the list below details both well-publicized and the harder-to-find discounts that you may qualify for.

• Save with More Vehicles Insured – Buying insurance for more than one vehicle with one company may reduce the rate for each vehicle.
• Discount for Life Insurance – Not every insurance company offers life insurance, but if they do you may earn a break if you buy some life insurance in addition to your auto policy.
• Discount for Swiching Early – Some insurance companies provide a discount for buying a policy early. You may see this discount when you get insurance coverage quotes online.
• ABS and Traction Control Discounts – Cars and trucks that have anti-lock braking systems can avoid accidents and the ABS can save up to 10%.
• Good Student – Excelling in school could provide a savings of up to 20% or more. You can use this discount normally until age 25.
• College Student Discount – College-age children who live away from home at college and do not have access to a covered vehicle may be able to be covered for less.
• Telematics Devices – Insureds that choose to allow their insurance company to analyze their driving habits remotely such as In-Drive from State Farm or Allstate’s Drivewise system could possibly reduce rates if they are good drivers.

We need to note that most discount credits are not given the the whole policy. The majority will only reduce the cost of specific coverages such as liability, collision or medical payments. Even though the math looks like you would end up receiving a 100% discount, you aren’t that lucky.

If you would like to view providers offering insurance discounts, click here to view.

Insurance agents can help

When choosing coverage for your vehicles, there isn’t really a perfect coverage plan. Everyone’s needs are different so this has to be addressed. These are some specific questions might help in determining if you might need professional guidance.

• What are the financial responsibility laws in my state?
• Does coverage extend to Mexico or Canada?
• Do I need PIP coverage since I have good health insurance?
• Do I need motorclub coverage?
• Am I covered by my spouse’s policy after a separation?
• How does medical payments coverage work?
• Do I need added coverage for expensive stereo equipment?

If you can’t answer these questions but a few of them apply, you might consider talking to an insurance agent. If you want to speak to an agent in your area, take a second and complete this form or go to this page to view a list of companies. It only takes a few minutes and may give you better protection.

Auto insurance coverage information

Understanding the coverages of your policy can help you determine the best coverages at the best deductibles and correct limits. Policy terminology can be impossible to understand and nobody wants to actually read their policy. These are the normal coverages found on the average insurance policy.

Protection from uninsured/underinsured drivers – This provides protection when other motorists either have no liability insurance or not enough. This coverage pays for hospital bills for your injuries and damage to your Honda Accord.

Due to the fact that many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Usually these limits are similar to your liability insurance amounts.

Collision coverages – This will pay to fix damage to your Accord resulting from a collision with another car or object. A deductible applies and then insurance will cover the remainder.

Collision can pay for things like colliding with a tree, colliding with another moving vehicle, crashing into a ditch, hitting a parking meter and sustaining damage from a pot hole. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from older vehicles. You can also bump up the deductible to save money on collision insurance.

Comprehensive (Other than Collision) – Comprehensive insurance covers damage OTHER than collision with another vehicle or object. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage pays for claims such as hitting a deer, damage from flooding, vandalism, damage from a tornado or hurricane and theft. The maximum payout your insurance company will pay is the market value of your vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

Liability insurance – Liability insurance can cover injuries or damage you cause to a person or their property by causing an accident. This insurance protects YOU from claims by other people. Liability doesn’t cover 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. Your policy might show values of 25/50/25 which stand for a $25,000 limit per person for injuries, a limit of $50,000 in injury protection per accident, and a limit of $25,000 paid for damaged property. Another option is one limit called combined single limit (CSL) which limits claims to one amount without having the split limit caps.

Liability coverage pays for claims such as funeral expenses, loss of income, medical expenses, legal defense fees and bail bonds. How much liability should you purchase? That is up to you, but consider buying as much as you can afford.

Medical expense insurance – Medical payments and Personal Injury Protection insurance pay for immediate expenses like pain medications, chiropractic care, surgery and funeral costs. The coverages can be utilized in addition to your health insurance program or if there is no health insurance coverage. Coverage applies to you and your occupants and will also cover 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

You can do this!

When getting insurance coverage quotes online, you should never buy lower coverage limits just to save a few bucks. In many cases, drivers have reduced physical damage coverage and learned later they didn’t purchase enough coverage. Your goal is to find the BEST coverage at a price you can afford, but don’t skip important coverages to save money.

We just covered a lot of tips how to shop for 2003 Honda Accord insurance online. The most important thing to understand is the more rate comparisons you have, the better chance you’ll have of finding cheap insurance coverage. You may even discover the best price on insurance coverage is with a small mutual company. These smaller insurers may have significantly lower car insurance rates on certain market segments compared to the large companies like Allstate and Progressive.

Some companies do not offer price quotes online regional insurance providers only sell through independent insurance agents. Discount 2003 Honda Accord insurance is definitely available online and also from your neighborhood agents, so you need to compare both to get a complete price analysis.

Additional insurance coverage information is available at these links:

• Steps to Take After an Auto Accident (Insurance Information Insitute)
• Parking Tips to Reduce Door Dings (State Farm)
• A Tree Fell on Your Car: Now What? (Allstate)
• Protecting Teens from Drunk Driving (Insurance Information Insitute)
• Auto Insurance Learning Center (State Farm)