Texas buyers have options when searching for the best price on Honda Accord insurance. You can either waste hours driving around to compare prices or leverage the internet to get rate quotes.
There is a right way and a wrong way to buy auto insurance so we’re going to tell you the absolute fastest way to compare rates for a Honda and get the cheapest rates.
Comprehensive Auto Insurance Comparison in Texas
When shopping for auto insurance there are multiple ways to compare quotes from different in Texasinsurance companies. The best method to find competitive Honda Accord insurance rates is simply to get online rate quotes. This can be accomplished in several different ways.
- The easiest and least time consuming way to get the best comparison quotes is to use a rate comparison form click here to open form in new window. This type of form prevents you from having to do repetitive form entry for each company. One form will return quotes from multiple low-cost companies. Recommended for those who want to invest the least amount of time.
- A different way to compare rate quotes is spending the time to visit the website for every company you want to comare and complete a new quote form. For sake of this example, let’s say you want to compare Progressive, Liberty Mutual and GEICO. You would have to take the time to go to each site to enter your coverage information, and that’s why the first method is more popular. For a list of links to insurance companies in your area, click here.
- The least recommended way of getting rate comparisons is driving around to insurance agents’ offices. Buying insurance online can eliminate the need for a local agent unless you have a need for the personal advice of a local agent. You can, however, compare the best prices online but still have the advice of a local agent and we’ll cover that in a bit.
It’s up to you how you get prices quotes, just be sure to compare apples-to-apples coverage limits on every quote. If your comparisons have different liability limits it will be impossible to make a fair comparison for your Honda Accord. Quoting even small variations in coverage limits can make a big difference in price. Just remember that comparing more company’s prices helps you find the best rates.
Do auto insurance companies bend the truth?
Companies like State Farm, GEICO and Progressive regularly use ads on television and other media. All the ads make an identical promise that you’ll save big if you move to their company. How can each company claim to save you money? It’s all in the numbers.
Insurance companies have a certain “appetite” for the driver they prefer to insure. An example of a preferred risk might be profiled as between 30 and 50, has no driving citations, and has a high credit rating. A customer getting a price quote who fits that profile will get the preferred rates and most likely will save when switching.
Drivers who are not a match for the “perfect” profile must pay higher premiums and ends up with the driver buying from a lower-cost company. The ad wording is “people who switch” not “everybody who quotes” save money. That’s the way companies can advertise the way they do.
This illustrates why you should get a wide range of price quotes. It’s not possible to predict which company will fit your personal profile best.
You probably qualify for some discounts
The cost of insuring your cars can be expensive, but there are discounts available to help bring down the price. Some trigger automatically at the time you complete a quote, but a few must be requested specifically before being credited.
- No Claims – Good drivers with no accidents pay less as compared to bad drivers.
- E-sign – A handful of insurance companies may give you up to $50 for buying your policy on their website.
- Accident Forgiveness – A handful of insurance companies permit an accident without raising rates as long as you don’t have any claims for a particular time prior to the accident.
- Multi-policy Discount – When you have multiple policies with the same insurance company you will save at least 10% off all policies.
- College Student – Youth drivers who are attending college and do not have a car may qualify for this discount.
- Anti-lock Brake Discount – Anti-lock brake equipped vehicles can reduce accidents and earn discounts up to 10%.
- Theft Prevention System – Vehicles with anti-theft systems are stolen less frequently and qualify for as much as a 10% discount.
It’s important to understand that most credits do not apply to the entire policy premium. Some only apply to specific coverage prices like physical damage coverage or medical payments. Just because you may think adding up those discounts means a free policy, companies don’t profit that way. Any qualifying discounts will help reduce the amount you have to pay.
To choose insurance companies with discount auto insurance rates in Texas, click this link.
Your insurance agent down the street
Certain consumers prefer to talk to a local agent and that is OK! The biggest benefit of comparing insurance prices online is that you can obtain the best rates but still work with a licensed agent. And supporting local businesses is especially important in small towns and cities.
By using this simple form, your insurance data gets sent to insurance agents who will battle for your business. There is no need to even leave your home as quotes are delivered to the email address you provide. It doesn’t get any easier! Get lower rates and a licensed agent to work with.
The different types of insurance agents
When looking for a good Texas insurance agent, you need to know there are two types of agencies that differ in how they can insure your vehicles. Agents can either be independent or captive.
Independent Agents (or Brokers)
Independent agents do not work for one specific company but rather can write business with multiple insurance companies and potentially find a lower price. If you are not satisfied with one company, they simply move the coverage in-house without you having to go to a different agency.
When comparing rates, it’s a good idea to include multiple independent agents to ensure the widest selection of prices. Many write coverage with smaller regional carriers who may have lower rates.
Captive Agents
Captive insurance agents can only write with one company and some examples include Farmers Insurance, American Family, State Farm and Allstate. They are unable to provide prices from multiple companies so always compare other rates. Captives are usually quite knowledgeable in insurance sales and that can be a competitive advantage. Some consumers prefer to buy insurance from these agents mostly because of the prominence of the brand and the convenience of having a single billing for all their coverages.
For a complete listing of insurance agencies in Texas, click here.
Selecting a car insurance agent shouldn’t rely on just the bottom line cost. Ask your prospective agent these questions:
- Do you have coverage for a rental car if your vehicle is in the repair shop?
- Does the agency have a good rating with the Better Business Bureau?
- Will you be dealing directly with the agent or with a Custom Service Representative (CSR)?
- If your car is totalled, how to they determine the replacement cost?
- Which company do they place the most coverage with?
Upon receiving acceptable answers and an affordable coverage quote, chances are good that you have found an insurance agency that meets your needs to adequately provide auto insurance.
Insurance agents can help
When it comes to choosing adequate coverage, there is no “best” method to buy coverage. Each situation is unique.
For instance, these questions may help highlight if your situation would benefit from professional advice.
- Do I pay less if my vehicle is kept in my garage?
- Am I covered when pulling a rental trailer?
- Who is covered by my policy?
- Am I covered if I drive in a foreign country?
- What is the difference between comprehensive and collision coverage?
- How much liability do I need to cover my assets?
- When do I need to add a new car to my policy?
- Does my policy cover my teen driver if they drive my company car?
If you don’t know the answers to these questions but you know they apply to you then you might want to talk to a licensed agent. If you want to speak to an agent in your area, simply complete this short form.
More information can be found on the Texas Department of Insurance website found here. Texas drivers can view agent and company licensing information, learn about specific coverages, read enforcement actions against agents and companies, and find out industry alerts.
The coverage is in the details
Having a good grasp of a auto insurance policy can be of help when determining appropriate coverage and the correct deductibles and limits. The coverage terms in a policy can be impossible to understand and even agents have difficulty translating policy wording.
Comprehensive protection – Comprehensive insurance pays to fix your vehicle from damage from a wide range of events other than collision. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive insurance covers claims like falling objects, hitting a deer, a broken windshield and damage from a tornado or hurricane. The most your auto insurance company will pay is the actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.
Auto liability – This coverage can cover injuries or damage you cause to other people or property. It protects YOU from claims by other people, and doesn’t cover damage sustained by your vehicle in an accident.
Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see values of 50/100/50 which means $50,000 in coverage for each person’s injuries, a per accident bodily injury limit of $100,000, and $50,000 of coverage for damaged propery. Some companies may use a combined limit which combines the three limits into one amount rather than limiting it on a per person basis.
Liability coverage pays for claims such as repair costs for stationary objects, medical expenses, medical services, court costs and bail bonds. How much liability coverage do you need? That is up to you, but consider buying as high a limit as you can afford. Texas requires drivers to carry at least 30,000/60,000/25,000 but you should think about purchasing higher limits.
Medical expense coverage – Medical payments and Personal Injury Protection insurance provide coverage for bills for things like X-ray expenses, funeral costs, ambulance fees, dental work and EMT expenses. The coverages can be used to fill the gap from your health insurance policy or if you lack health insurance entirely. Medical payments and PIP cover you and your occupants and also covers any family member struck as a pedestrian. PIP is only offered in select states but can be used in place of medical payments coverage
Uninsured or underinsured coverage – This protects you and your vehicle when other motorists do not carry enough liability coverage. Covered claims include medical payments for you and your occupants as well as damage to your Honda Accord.
Due to the fact that many Texas drivers have only the minimum liability required by law (30/60/25 in Texas), it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is a good idea. Frequently your uninsured/underinsured motorist coverages are set the same as your liablity limits.
Collision – This coverage pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. A deductible applies and then insurance will cover the remainder.
Collision can pay for things like damaging your car on a curb, colliding with a tree, colliding with another moving vehicle and rolling your car. Collision is rather expensive coverage, so consider removing coverage from lower value vehicles. It’s also possible to increase the deductible to save money on collision insurance.
In Summary
As you restructure your insurance plan, never buy lower coverage limits just to save a few bucks. There are a lot of situations where an insured dropped uninsured motorist or liability limits only to find out that the few dollars in savings costed them thousands. Your aim should be to purchase a proper amount of coverage at the best price.
Budget-conscious Honda Accord insurance is attainable on the web and also from your neighborhood Texas agents, and you need to price shop both to have the best selection. Some auto insurance companies may not provide you the ability to get quotes online and usually these smaller companies provide coverage only through local independent agents.
You just read a lot of ways to lower your Honda Accord insurance rates. It’s most important to understand that the more companies you get rates for, the better your comparison will be. You may even discover the most savings is with a lesser-known regional company.