Compare 2023 Honda Accord Car Insurance Rates in 2024

Searching for better insurance prices for your Honda Accord can normally be an all-consuming task, but you can follow our insurance coverage buying tips to make it easier. There is a right way and a wrong way to compare insurance coverage rates so we’re going to tell you the absolute fastest way to get price quotes for your Honda and find the cheapest rates.

It’s smart to compare rates at least once a year because insurance prices are constantly changing. Just because you found the best rate for Accord coverage last year you will most likely find a better premium rate today. Block out anything you think you know about insurance coverage because I’m going to teach you the fastest way to reduce your cost while increasing coverage.

If you are insured now or are just looking to switch companies, you can use these tips to shop for the lowest rates and possibly find even better coverage. Shopping for the lowest cost coverage is not that difficult. Drivers only need an understanding of the most efficient way to buy insurance over the internet.

Cheaper insurance quotes with discounts

Properly insuring your vehicles can get expensive, but you can get discounts to cut the cost considerably. Many of these discounts will be applied automatically at the time of quoting, but lesser-known reductions have to be asked about before being credited. If you check and find you aren’t receiving every discount possible, you could be paying more than you need to.

• Lower Rates for Military – Being deployed with a military unit may qualify for rate reductions.
• Waiver for an Accident – This one is not really a discount per se, but some companies like State Farm and Progressive allow you one accident without raising rates if your claims history is clear for a set time period.
• Air Bags and Passive Restraints – Vehicles with factory air bags or automatic seat belts can receive discounts of more than 20%.
• Paper-free Discount – Some larger companies may give you up to $50 get car insurance online.
• Telematics Discount – Insureds who allow driving data collection to spy on vehicle usage by using a telematics device like Drivewise from Allstate or In-Drive from State Farm may see discounts if their driving habits are good.
• Life Insurance Discount – Companies who offer life insurance give a small discount if you purchase life insurance.
• Good Student Discount – Excelling in school can get you a discount of up to 25%. This discount can apply up until you turn 25.

As a sidenote, most of the big mark downs will not be given to the overall cost of the policy. Most cut the cost of specific coverages such as liability, collision or medical payments. So when it seems like having all the discounts means you get insurance for free, insurance companies wouldn’t stay in business. But all discounts will reduce the premium cost.

A list of insurance companies and their possible discounts are detailed below.

• Esurance may offer discounts for emergency road assistance, safety device, multi-policy, renters, and good student.
• The Hartford discounts include bundle, good student, defensive driver, vehicle fuel type, and air bag.
• AAA may include discounts for education and occupation, good student, AAA membership discount, multi-policy, and multi-car.
• GEICO has discounts for air bags, military active duty, anti-theft, daytime running lights, membership and employees, and seat belt use.
• State Farm has savings for passive restraint, Drive Safe & Save, safe vehicle, defensive driving training, and multiple policy.

Before you buy a policy, ask every insurance company which credits you are entitled to. All car insurance discounts may not apply to policyholders in your area.

Tailor your car insurance coverage to you

When buying adequate coverage for your vehicles, there is no “perfect” insurance plan. Each situation is unique.

These are some specific questions could help you determine if your insurance needs would benefit from professional advice.

• How high should my medical payments coverage be?
• When should I buy a commercial auto policy?
• Am I covered if hit by an uninsured driver?
• What is UM/UIM insurance?
• Will my rates increase for filing one claim?
• Can I get a multi-policy discount for packaging my home and auto coverage?
• Does having multiple vehicles earn me a discount?
• Am I getting all the discounts available?

If it’s difficult to answer those 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, fill out your zip code. It only takes a few minutes and can help protect your family.

Car insurance coverage information

Having a good grasp of auto insurance aids in choosing appropriate coverage for your vehicles. The coverage terms in a policy can be confusing and nobody wants to actually read their policy.

Liability coverages

This provides protection from damage or injury you incur to a person or their property that is your fault. It protects YOU from claims by other people. Liability doesn’t cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have values of 100/300/100 which means a $100,000 limit per person for injuries, a total of $300,000 of bodily injury coverage per accident, and a total limit of $100,000 for damage to vehicles and property.

Liability can pay for claims like funeral expenses, court costs and emergency aid. How much coverage you buy is a decision to put some thought into, but it’s cheap coverage so purchase as large an amount as possible.

Collision insurance

This coverage will pay to fix damage to your Accord caused by collision with an object or car. A deductible applies then the remaining damage will be paid by your insurance company.

Collision can pay for things like colliding with a tree, backing into a parked car, sideswiping another vehicle, hitting a mailbox and driving through your garage door. This coverage can be expensive, so consider removing coverage from lower value vehicles. Another option is to raise the deductible to bring the cost down.

Medical payments coverage and PIP

Medical payments and Personal Injury Protection insurance reimburse you for immediate expenses for things like prosthetic devices, ambulance fees, X-ray expenses, surgery and EMT expenses. They are often used to cover expenses not covered by your health insurance program or if you are not covered by health insurance. Coverage applies to you and your occupants and also covers getting struck while a pedestrian. PIP coverage is not universally available but can be used in place of medical payments coverage

Comprehensive coverage

Comprehensive insurance pays for damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things such as theft, hail damage, damage from flooding, hitting a bird and vandalism. The most you’ll receive from a claim is the cash value of the vehicle, so if the vehicle is not worth much consider dropping full coverage.

Uninsured/Underinsured Motorist coverage

This provides protection from other motorists when they are uninsured or don’t have enough coverage. Covered claims include hospital bills for your injuries as well as damage to your Honda Accord.

Because many people only carry the minimum required liability limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Summing up your insurance search

More affordable insurance is possible from both online companies and also from your neighborhood agents, and you need to comparison shop both in order to have the best chance of saving money. Some insurance companies do not offer the ability to get quotes online and most of the time these smaller providers work with independent insurance agents.

As you quote car insurance, it’s not a good idea to skimp on critical coverages to save a buck or two. There are a lot of situations where an accident victim reduced full coverage to discover at claim time that the savings was not a smart move. The proper strategy is to purchase plenty of coverage at a price you can afford and still be able to protect your assets.

We just showed you many tips how you can shop for 2023 Honda Accord insurance online. The most important thing to understand is the more you quote car insurance, the higher your chance of finding cheaper car insurance. Drivers may discover the best price on insurance is with a lesser-known regional company.