Cheapest 1996 Honda Accord Insurance Rates in 2024

Looking for lower insurance rates? Shoppers have options when shopping for the best price on Honda Accord insurance. You can either waste hours struggling with agents to compare prices or leverage the internet to compare rates.

There is a right way and a wrong way to compare insurance rates and we’ll show you the best way to compare rates on a Honda and get the cheapest rates.

Cut your insurance rates with these five discounts

Insurance can be prohibitively expensive, but there are discounts available to help offset the cost. A few discounts will automatically apply when you complete an application, but some may not be applied and must be specifically requested before they will apply. If you don’t get every credit you deserve, you are paying more than you should be.

• Low Mileage – Low mileage vehicles can qualify you for lower rates on the low mileage vehicles.
• Homeowners Discount – Simply owning a home may trigger a insurance policy discount because owning a home shows financial diligence.
• Driver Safety – Taking part in a defensive driving course can save you 5% or more if your company offers it.
• Theft Prevention Discount – Vehicles with anti-theft systems can help prevent theft and will save you 10% or more.
• Safe Drivers – Drivers who avoid accidents can get discounts for up to 45% lower rates on Accord insurance than their less cautious counterparts.

As a disclaimer on discounts, many deductions do not apply to the entire cost. The majority will only reduce individual premiums such as comp or med pay. So when the math indicates you could get a free insurance policy, you’re out of luck. Any amount of discount will reduce your overall premium however.

For a list of insurance companies offering insurance discounts, follow this link.

You are unique and your insurance coverage should be too

When it comes to choosing proper insurance coverage for your vehicles, there isn’t really a one size fits all plan. Everyone’s situation is unique.

These are some specific questions can help discover whether your personal situation will benefit from professional help.

• Is pleasure use cheaper than using my 1996 Honda Accord to commute?
• Am I covered if my car is in a flood?
• Is upholstery damage covered by car insurance?
• What happens if I owe more than my 1996 Honda Accord is worth?
• Do I have any recourse if my insurance company denies a claim?
• Do I really need UM/UIM coverage?
• Am I better off with higher deductibles on my 1996 Honda Accord?
• How much liability do I need to cover my assets?
• I don’t drive much so do I pay less?
• How do I insure my teen driver?

If you don’t know the answers to these questions but you know they apply to you, then you may want to think about talking to an insurance agent. To find lower rates from a local agent, take a second and complete this form. It only takes a few minutes and can provide invaluable advice.

Coverages available on your insurance policy

Having a good grasp of your insurance policy aids in choosing which coverages you need at the best deductibles and correct limits. The terms used in a policy can be ambiguous and nobody wants to actually read their policy.

Comprehensive insurance

Comprehensive insurance pays for damage OTHER than collision with another vehicle or object. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for things like hitting a deer, hail damage, a broken windshield and damage from getting keyed. 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 it’s not worth carrying full coverage.

Uninsured/Underinsured Motorist (UM/UIM)

Your UM/UIM coverage gives you protection from other motorists when they either have no liability insurance or not enough. Covered claims include injuries to you and your family and also any damage incurred to your Honda Accord.

Since many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Most of the time these coverages do not exceed the liability coverage limits.

Auto liability

This will cover damages or injuries you inflict on a person or their property in an accident. 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, per person bodily injury, per accident bodily injury, and a property damage limit. You might see liability limits of 100/300/100 which stand for a limit of $100,000 per injured person, a total of $300,000 of bodily injury coverage per accident, and a total limit of $100,000 for damage to vehicles and property. Alternatively, you may have one number which is a combined single limit which limits claims to one amount and claims can be made without the split limit restrictions.

Liability can pay for things such as attorney fees, repair costs for stationary objects, legal defense fees and medical services. The amount of liability coverage you purchase is up to you, but buy as large an amount as possible.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance reimburse you for immediate expenses for things like ambulance fees, doctor visits and X-ray expenses. The coverages can be used to fill the gap from your 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 but can be used in place of medical payments coverage

Coverage for collisions

This coverage pays for damage to your Accord resulting from colliding with another car or object. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for claims such as sustaining damage from a pot hole, hitting a mailbox and scraping a guard rail. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are older. It’s also possible to bump up the deductible to get cheaper collision coverage.

In the end, you save

Insureds change insurance companies for any number of reasons including delays in paying claims, being labeled a high risk driver, policy cancellation and even an unsatisfactory settlement offer. No matter why you want to switch, switching insurance companies is not as difficult as it may seem.

Low-cost 1996 Honda Accord insurance can be found both online and also from your neighborhood agents, so you should be comparing quotes from both in order to have the best chance of saving money. Some companies may not provide you the ability to get quotes online and usually these small insurance companies provide coverage only through local independent agents.

We’ve covered many tips how you can get a better price on insurance. The most important thing to understand is the more quotes you get, the more likely it is that you will get a better rate. You may even find the biggest savings come from a small local company.

Other resources

• Air Bags: Potential Dangers to Your Children (Insurance Information Institute)
• Information for Teen Drivers (GEICO)
• Cellphones, Texting and Driving (iihs.org)
• Older Driver Statistics (Insurance Information Institute)
• Credit Impacts Car Insurance Rates (State Farm)

Use our FREE quote tool to compare rates now!