1991 Honda Accord Insurance Cost

Locating cheaper insurance for a Honda Accord can turn out to be a lot of work, but you can learn these tips to find lower rates.

There are both good and bad ways to compare car insurance rates so you’re going to learn the absolute fastest way to quote coverages for a Honda and get the cheapest rates either online or from local insurance agents.

If you are insured now or are looking for a new policy, you can use this information to shop for the lowest rates and possibly find even better coverage. Pricing affordable insurance is not that difficult. Consumers just need to understand the best way to compare company rates online.

Some factors that can determine what Honda Accord insurance costs

Consumers need to have an understanding of the rating factors that help determine your insurance rates. When you know what positively or negatively controls the rates you pay empowers consumers to make smart changes that may reward you with lower insurance prices.

  • Your spouse saves you money – Having a spouse helps lower the price when buying insurance. Having a significant other translates into being more responsible and it’s proven that drivers who are married are more cautious.
  • Credit scores impact insurance rates – A driver’s credit rating is a large factor in calculating your insurance rates. Drivers with high credit ratings tend to file fewer claims and have better driving records than drivers with lower credit ratings. Therefore, if your credit score can use some improvement, you could potentially save money when insuring your 1991 Honda Accord by improving your rating.
  • Mature drivers pay less – Older drivers are more responsible, tend to file fewer claims and are safer drivers. Teenage drivers are known to be careless and easily distracted behind the wheel and because of this, their insurance rates are much higher.
  • Your location affects your rates – Living in a rural area can save you money when insuring your vehicles. Fewer drivers means a lower chance of having an accident. Urban drivers regularly have traffic congestion and a longer drive to work. Higher commute times means more change of being in an accident.
  • Tickets mean higher rates – A bad driving record impacts your car insurance rates tremendously. Even one citation can bump up the cost by as much as thirty percent. Drivers who don’t get tickets have lower premiums than bad drivers. If you have serious violations like DUI or reckless driving may find they need to file a proof of financial responsibility form (SR-22) with their state DMV in order to continue driving.
  • Where do you drive? – The more miles you rack up on your Honda every year the more you’ll pay to insure your vehicle. Most insurance companies price each vehicle’s coverage based on their usage. Cars used primarily for pleasure use can get a lower rate as compared to vehicles used primarily for driving to work. Double check that your insurance policy is rated on how each vehicle is driven, because it can save money. Incorrect usage on your Accord can cost quite a bit.
  • Extra add-on coverages are wasting money – There are many add-on coverages that you can buy when buying insurance. Things like personal injury protection, towing coverage and additional equipment coverage are examples of these. They may seem like a good idea initially, but now you might not need them so remove them from your policy.

Car Insurance Comparison Rates

Cutting your car insurance rates isn’t really that difficult. Drivers just need to invest a few minutes comparing price quotes provided by online insurance companies. This is very easy and can be done in just a few minutes using one of these methods.

The first (and easiest) way to get quotes for comparison is to use a rate comparison form like this one (opens in new window). This method saves time by eliminating repetitive form submissions to each individual car insurance company. A single, simple form will get you price quotes from many national carriers.It’s the quickest way to get rates.

A less efficient way to compare prices consists of going to the website for every company you want to comare to complete their respective quote request forms. For examples sake, we’ll pretend you want comparison quotes from Liberty Mutual, Safeco and Travelers. To find out each rate you need to take the time to go to each site and enter your policy data, which is why most consumers use the first method. For a handy list of car insurance company links in your area, click here.

It’s up to you which method you use, but double check that you are using identical coverage information on every quote you get. If your comparisons have different deductibles then you won’t be able to make a fair comparison for your Honda Accord.

Do car insurance companies bend the truth?

Consumers can’t get away from ads for car insurance savings from companies such as 21st Century, Allstate and State Farm. They all seem to say the same thing of big savings after switching your policy.

How do they all make almost identical claims? This is how they do it.

Insurance companies are able to cherry pick for the driver that makes them money. For example, a driver they prefer might be between the ages of 40 and 55, has no prior claims, and drives newer vehicles. A propective insured who meets those qualifications will get very good rates and is almost guaranteed to save quite a bit of money when switching.

Drivers who don’t qualify for this ideal profile will have to pay higher premiums which leads to business going elsewhere. Company advertisements say “customers who switch” not “everyone that quotes” save that much money. That’s the way companies can make those claims.

Because of the profiling, you absolutely need to quote coverage with many companies. Because you never know which car insurance company will have the lowest Honda Accord insurance rates.

Are you getting all your discounts?

Insurance can be prohibitively expensive, but there could be available discounts that you may not know about. Some discounts apply automatically when you get a quote, but a few need to be requested specifically prior to getting the savings. If they aren’t giving you every credit you deserve, you’re just leaving money on the table.

  • Student Driver Training – Make teen driver coverage more affordable by requiring them to take driver’s ed class in school.
  • Passive Restraint Discount – Vehicles with factory air bags or motorized seat belts can qualify for discounts up to 30%.
  • Club Memberships – Being a member of a civic or occupational organization may earn a discount when shopping for auto insurance on Accord insurance.
  • Auto/Home Discount – If you have multiple policies with the same insurance company you may save approximately 10% to 15%.
  • Anti-theft System – Vehicles equipped with anti-theft or alarm systems help deter theft and earn discounts up to 10%.

Consumers should know that most discounts do not apply to all coverage premiums. Some only reduce the price of certain insurance coverages like collision or personal injury protection. So when the math indicates all those discounts means the company will pay you, companies don’t profit that way. Any qualifying discounts will reduce the cost of coverage.

To see a list of insurers offering auto insurance discounts, click here to view.

When might I need an agent?

When choosing adequate coverage for your personal vehicles, there really is not a “best” method to buy coverage. Every insured’s situation is different.

For example, these questions could help you determine whether you will benefit from professional help.

  • Am I covered when driving someone else’s vehicle?
  • When can my company non-renew my policy?
  • What can I do if my company won’t pay a claim?
  • What exactly is covered by my policy?
  • Why am I be forced to buy a membership to get insurance from some companies?
  • What if I total my 1991 Honda Accord and owe more than it’s worth?
  • Is my 1991 Honda Accord covered for flood damage?
  • Am I covered if I hit my neighbor’s mailbox?

If you can’t answer these questions, then you may want to think about talking to an agent. To find lower rates from a local agent, take a second and complete this form. It is quick, free and can help protect your family.

Parts of your insurance policy

Having a good grasp of your policy aids in choosing the right coverages and the correct deductibles and limits. The terms used in a policy can be impossible to understand and even agents have difficulty translating policy wording.

Collision coverage

This will pay to fix damage to your Accord from colliding with another vehicle or an object, but not an animal. You first must pay a deductible then your collision coverage will kick in.

Collision can pay for things like colliding with another moving vehicle, hitting a mailbox, damaging your car on a curb, colliding with a tree and hitting a parking meter. Collision is rather expensive coverage, so consider removing coverage from vehicles that are older. It’s also possible to choose a higher deductible to save money on collision insurance.

Comprehensive insurance

This coverage pays for damage OTHER than collision with another vehicle or object. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims such as damage from getting keyed, damage from a tornado or hurricane, vandalism, falling objects and a broken windshield. The maximum amount 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.

Med pay and Personal Injury Protection (PIP)

Personal Injury Protection (PIP) and medical payments coverage provide coverage for bills like hospital visits, pain medications, ambulance fees and funeral costs. The coverages can be used to cover expenses not covered by your health insurance policy or if you do not have health coverage. They cover all vehicle occupants and also covers being hit by a car walking across the street. PIP is only offered in select states but can be used in place of medical payments coverage

Auto liability

This coverage will cover injuries or damage you cause to other’s property or people by causing an accident. It protects you against other people’s claims, and doesn’t cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You might see values of 100/300/100 that translate to $100,000 in coverage for each person’s injuries, a total of $300,000 of bodily injury coverage per accident, and $100,000 of coverage for damaged propery. Alternatively, you may have one number which is a combined single limit which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability coverage pays for claims such as pain and suffering, attorney fees, repair costs for stationary objects, emergency aid and medical expenses. The amount of liability coverage you purchase is up to you, but buy as high a limit as you can afford.

Uninsured/Underinsured Motorist (UM/UIM)

Your UM/UIM coverage gives you protection when other motorists do not carry enough liability coverage. This coverage pays for injuries sustained by your vehicle’s occupants as well as damage to your Honda Accord.

Because many people only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages should not be overlooked. Most of the time these coverages are set the same as your liablity limits.

In conclusion

Insureds switch companies for many reasons like high prices, questionable increases in premium, an unsatisfactory settlement offer and even denial of a claim. It doesn’t matter what your reason, finding the right insurance provider can be pretty painless.

As you go through the steps to switch your coverage, never sacrifice coverage to reduce premiums. There are a lot of situations where consumers will sacrifice collision coverage and discovered at claim time that saving that couple of dollars actually costed them tens of thousands. Your aim should be to buy a smart amount of coverage at a price you can afford while still protecting your assets.

We covered some good ideas how to reduce 1991 Honda Accord insurance prices online. The most important thing to understand is the more times you quote, the higher your chance of finding lower rates. Consumers could even find that the lowest priced insurance comes from some of the smallest insurance companies.

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