Lower Your 2002 Honda Accord Car Insurance Cost

Feel like you’re a prisoner to an underperforming, overpriced insurance coverage policy? Believe me, there are many consumers feeling the pinch from expensive insurance coverage. With consumers having so many different company options, it is hard for the average consumer to find the most affordable car insurance company.

Quick Auto Insurance Quotes

Getting better 2002 Honda Accord auto insurance pricing is a fairly straight forward process. Consumers just need to spend a few minutes on the computer comparing rates from different insurance companies. It is quite easy and can be accomplished in several different ways.

  • The first (and easiest) way consumers can make multiple comparisons is to use a rate comparison form click here to open form in new window. This method prevents you from having to do separate quotation requests for every auto insurance company. Completing one form will return quotes instantly.
  • A more difficult way to compare rate quotes requires a trip to the website of each company and fill out their own quote form. For instance, we’ll assume you want rates from USAA, Allstate and Liberty Mutual. To get each rate you have to take the time to go to each site and enter your policy data, which is why the first method is more popular.

    For a list of links to companies insuring cars in your area, click here.

It doesn’t matter which method you choose, just make darn sure you compare exactly the same information with each company. If you have unequal deductibles or liability limits you can’t possibly determine which rate is truly the best.

It’s not one size fits all

When it comes to buying the best car insurance coverage, there isn’t really a “best” method to buy coverage. Everyone’s needs are different so your insurance needs to address that. Here are some questions about coverages that could help you determine if your insurance needs may require specific advice.

  • What can I do if my company denied a claim?
  • Do I need roadside assistance coverage?
  • Does my policy pay for OEM or aftermarket parts?
  • What is an SR-22 filing?
  • When would I need rental car insurance?
  • Is rental equipment covered for theft or damage?
  • Does my insurance cover damage caused when ticketed for reckless driving?
  • Is extra glass coverage worth it?

If you don’t know the answers to these questions, you may need to chat with an agent. To find an agent in your area, fill out this quick form or click here for a list of car insurance companies in your area. It’s fast, free and may give you better protection.

Auto insurance coverage options for a 2002 Honda Accord

Knowing the specifics of auto insurance helps when choosing the right coverages and proper limits and deductibles. Auto insurance terms can be ambiguous and coverage can change by endorsement. Shown next are typical coverages found on most auto insurance policies.

Liability

Liability coverage protects you from damage that occurs to other people or property in an accident. It protects YOU from legal claims by others. 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 policy limits of 50/100/50 which means a limit of $50,000 per injured person, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property.

Liability coverage protects against things like repair bills for other people’s vehicles, legal defense fees, medical services, medical expenses and loss of income. How much liability coverage do you need? That is up to you, but buy as large an amount as possible.

Comprehensive protection

Comprehensive insurance coverage pays to fix your vehicle from damage from a wide range of events other than collision. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for things such as hail damage, falling objects and a broken windshield. The most your auto insurance company will pay is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Medical expense coverage

Medical payments and Personal Injury Protection insurance pay for bills for funeral costs, pain medications and nursing services. The coverages can be used to fill the gap from your health insurance policy or if there is no health insurance coverage. Coverage applies to all vehicle occupants and will also cover any family member struck as a pedestrian. Personal Injury Protection is only offered in select states but can be used in place of medical payments coverage

Coverage for collisions

Collision insurance covers damage to your Accord resulting from a collision with an object or car. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims such as scraping a guard rail, rolling your car, crashing into a building and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are 8 years or older. You can also raise the deductible to bring the cost down.

Uninsured or underinsured coverage

This coverage protects you and your vehicle when the “other guys” do not carry enough liability coverage. This coverage pays for medical payments for you and your occupants as well as damage to your 2002 Honda Accord.

Since a lot of drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is very important.