Find Cheaper Honda Accord Insurance in Austin

Do you want to save money by finding cheaper Honda Accord insurance in Austin? Overpriced insurance in Austin can sap your funds and force you to cut corners elsewhere. Comparing price quotes can lower your rates and help to ensure you are getting the best deal.

Shocking but true, the vast majority of consumers in Texas have been with the same company for over three years, and just short of a majority have never compared insurance rates at all. The average driver in America could cut their rates by $850 a year just by shopping around, but they just feel it’s too hard to do a rate comparison.

Companies like State Farm, Progressive and GEICO all claim big savings with ads and consumers find it hard to ignore the flashy ads and do the work needed to find the best deal.

Consumers need to take a look at other company’s rates every six months because rates are adjusted regularly by insurance companies. Even if you got the best rate on Honda Accord insurance in Austin two years ago there may be better deals available now. There is a lot of wrong information about Accord insurance on the internet, but we’re going to give you some great ways to quit paying high insurance rates in Austin.

If you currently have a car insurance policy, you will be able to shop for the lowest rates using these methods. Choosing the best rates in Austin is much easier if you have a good place to start. Nevertheless, Texas car owners must comprehend how companies calculate their prices and use it to find better rates.

Auto insurance providers offering low-cost rate quotes in Texas

The companies shown below are our best choices to provide price comparisons in Austin, TX. If multiple companies are shown, it’s highly recommended you compare several of them to get a more complete price comparison.

Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Texas minimum liability limits. Discounts applied include claim-free, multi-policy, multi-vehicle, safe-driver, and homeowner. Estimates do not factor in garaging location in Austin which can impact prices noticeably.

Should you raise deductibles?

When buying auto insurance, a common question is the level to set your comp and collision deductibles. The tables below may help to conceptualize the costs and benefits between high and low insurance deductibles. The first set of rates uses a $250 deductible for comprehensive and collision coverage and the second data table uses a $1,000 deductible.

Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include multi-vehicle, claim-free, homeowner, safe-driver, and multi-policy. Premium costs do not factor in vehicle garaging location which can change prices considerably.

Based on the figures above, using a $250 deductible will cost you about $26 more each month or $312 every year than opting for the higher $1,000 deductible. Due to the fact that you would have to pay $750 more if you turn in a claim with a $1,000 deductible as compared to a $250 deductible, if you normally go more than 29 months between claim filings, you would more than likely save some money if you decide on a higher deductible.

Where to set your deductibles

The example below shows how choosing a deductible and can influence Honda Accord premium costs for each age group. The premiums are based on a married female driver, full coverage, and no discounts are applied to the premium.

Why Smart Buyers Pay Less for Honda Accord Insurance

Many different elements are part of the calculation when you get your auto insurance bill. Some are obvious such as traffic violations, but other criteria are not quite as obvious such as whether you are married or your commute time. An important part of buying insurance is that you know the different types of things that go into determining your auto insurance rates. When you know what positively or negatively determines base rates, this allows you to make educated decisions that can earn you better auto insurance rates.

The factors shown below are just a few of the factors companies use to determine your premiums.

• Single drivers take more risk – Having a wife or husband may earn you lower rates when shopping for auto insurance. Marriage translates into being more stable financially and it’s proven that being married results in fewer claims.
• Small claims can cost you – Car insurance companies in Texas provide most affordable rates to policyholders who do not rely on their insurance for small claims. If you file claims often, you can definitely plan on either higher rates or even cancellation. Your insurance policy is designed for the large, substantial claims.
• An auto insurance policy lapse is a bad thing – Driving without insurance is illegal and you may have a hard time finding new coverage because you let your insurance lapse. Not only will you pay higher rates, failure to provide proof of insurance might get you fines or a revoked license.
• Youthful drivers cost more – Drivers with little experience tend to get distracted easily when driving with friends therefore auto insurance rates are much higher. If you’ve ever had to add a teen driver onto a policy can really hurt. More experienced drivers tend to be more responsible, tend to cause fewer accidents, and are generally more financially stable.
• More traffic equals higher prices – Having an address in small towns and rural areas is a positive aspect when buying auto insurance. Urban drivers have to deal with congested traffic and higher rates of accident claims. Fewer drivers means a lower chance of having an accident in addition to lower liability claims
• Where do you drive? – The higher the mileage driven every year the more you’ll pay to insure it. Most companies charge to insure your cars based upon how the vehicle is primarily used. Cars left parked in the garage get more affordable rates than vehicles that have high annual mileage. Verify your auto insurance declarations sheet correctly shows annual mileage, because it can save money. Having the wrong rating on your Accord is throwing money out the window.
• Choose high NHTSA crash test ratings and save – Cars with five star safety ratings tend to be cheaper to insure. These vehicles reduce the chance of injuries and reduced instances of injuries means your insurance company pays less which can mean better rates for you. If your Honda Accord is rated at a minimum an “acceptable” rating on the Insurance Institute for Highway Safety website it is probably cheaper to insure.
• Insurance prices and driver gender – Over the last 50 years, statistics have shown that females tend to be a little less risky than males. However, this does not mean men are worse drivers. They both are responsible for accidents at a similar rate, but men get into accidents with more damage. Men also get ticketed for serious violations like DWI (DUI) or reckless driving.
• Honda Accord historical loss data – Insurance companies analyze claim trends for every vehicle to calculate a rate that will offset any claims. Vehicles that the data shows to have higher claim amounts or frequency will cost more for coverage. The data below shows the insurance loss data for Honda Accord vehicles.

  For each policy coverage type, the claim amount for all vehicles as a whole is represented as 100. Values that are under 100 mean the vehicle has better than average losses, while percentage numbers above 100 point to more claims or a tendency for claims to be larger.

  Honda Accord Insurance Claim Statistics

  Vehicle Model	Collision	Property Damage	Comp	Personal Injury	Medical Payment	Bodily Injury
  Honda Accord	91	85	90	122	117	94
  Honda Accord Hybrid	96	80	98	89	76	84
  Honda Accord Crosstour 4dr 2WD	85	97	83	122	113	94
  Honda Accord Crosstour 4dr 4WD	99	102	94	120	93

  BETTER

  AVERAGE

  WORSE

  Empty fields indicate not enough data collected
  Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Get affordable Honda Accord insurance in Austin with discounts

The cost of insuring your cars can be expensive, but you might find some hidden discounts that may help make it more affordable. Most are applied at quote time, but less common discounts must be asked about before you get the savings.

• Savings for New Vehicles – Buying a new car instead of a used Accord can get you a discount because new vehicles have to meet stringent safety requirements.
• Telematics Data Discounts – Insureds that choose to allow driving data collection to scrutinize driving patterns by using a telematics device such as In-Drive from State Farm or Allstate’s Drivewise system could see a rate decrease if they are good drivers.
• Early Switch Discount – A few insurance companies allow discounts for switching to them before your current expiration date. You can save around 10% with this discount.
• Passenger Safety Discount – Factory options such as air bags or automatic seat belts may earn rate discounts as much as 30%.
• Clubs and Organizations – Being in certain professional organizations could qualify you for a break on your next insurance statement.
• Good Student – Getting good grades can save 20 to 25%. The discount lasts up to age 25.
• Bundle and Save – If you can bundle your auto and homeowners insurance and insure them both with the same insurance company you could earn a discount of over 10 percent off each policy depending on the company.
• Defensive Driver Discounts – Participating in a course that instructs on driving safety may get you a small discount if you qualify.
• Theft Prevention Discount – Cars and trucks that have factory anti-theft systems help deter theft and will qualify for a discount on a Austin car insurance quote.
• Own a Home – Owning a home in Austin may earn you a small savings because it requires a higher level of personal finance.

As is typical with insurance, most discount credits are not given to the whole policy. Most only reduce the price of certain insurance coverages like comp or med pay. Just because you may think you would end up receiving a 100% discount, you’re out of luck.

To see insurers that offer discounts in Texas, click here.

Do I need an insurance agent?

Many drivers prefer to get advice from a local agent and that is a personal choice. One of the benefits of comparing rate quotes online is that you can find the best rates and still choose a local agent. And providing support for neighborhood insurance agencies is important particularly in Austin.

For easy comparison, once you complete this quick form, your insurance data is immediately sent to local insurance agents who will return price quotes and help you find cheaper coverage. You don’t have to do any legwork since rate quotes are delivered straight to your inbox. Get lower rates and an insurance agent to talk to. In the event you want to quote rates from a specific insurance provider, you can always search and find their rate quote page and give them your coverage information.

If you would like to find a local Austin insurance agency, it helps to know the two different agency structures and how they are distinctly different. Agents in Austin may be either independent or exclusive.

Independent Agents

Independent agents often have many company appointments so they can insure your vehicles through many different insurance companies and help determine which has the cheapest rates. If premiums increase, an independent agent can move your coverage which is easy for the insured.

If you are comparing rate quotes, we recommend you compare quotes from several independent insurance agents in order to have the best price comparison.

The following are independent agencies in Austin that may be able to give you free insurance quotes.

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Exclusive Insurance Agents

Exclusive agencies can usually just insure with one company and examples are Farmers Insurance, American Family, State Farm and Allstate. They are unable to provide prices from multiple companies so you might not find the best rates. Exclusive insurance agents receive a lot of sales training on sales techniques and that allows them to sell at a higher price point.

Shown below are Austin exclusive insurance agencies that can give you rate quotes.

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Choosing an insurance agency shouldn’t rely on just a low price. The answers to these questions are important, too.

• Are there any hidden costs in their price quote and does it include driving and credit history?
• Is coverage determined by price?
• Are all drivers listed on the coverage quote?
• How long has the business existed?
• Is the agent properly licensed in Texas?

But the ad said I’d save 15% in 15 minutes!

Companies like Allstate, GEICO and Progressive regularly use ads in print and on television. All the ads make an identical promise that drivers will save a bundle just by moving to their company. It sounds good, but how can they all claim to save you money? Here is the trick they use.

Many companies provide the lowest rates for the type of customer that will not have excessive claims. An example of this type of driver might be a female over age 40, has a clear driving record, and drives a vehicle with a low ISO rating. A customer that fits those parameters is entitled to the best price and have a good chance to save some money.

Potential insureds who are not a match for these criteria will have to pay higher prices which leads to business going elsewhere. If you listen closely, the ads state “people who switch” but not “everyone who gets a quote” can get the lowest rates when switching. That’s the way insurance companies can confidently state the savings.

This really drives home the point why it is so important to get as many free Austin car insurance quotes as possible. It’s just not possible to know which insurance company will be your best fit.

Cheaper coverage is out there

When searching for low cost Austin car insurance quotes, make sure you don’t reduce coverage to reduce premium. In too many instances, an insured cut collision coverage and learned later that their decision to reduce coverage ended up costing them more. Your objective should be to buy enough coverage at the best cost but still have enough coverage for asset protection.

Throughout this article, we presented many tips how you can compare Honda Accord insurance prices in Austin. It’s most important to understand that the more rate quotes you have, the better likelihood of getting affordable Austin car insurance quotes. You may even discover the most savings is with an unexpected company. Regional companies can often provide lower rates in certain areas as compared to the big name companies such as Allstate or State Farm.

To read more, feel free to browse the articles below:

• Safety Features for Your New Car (State Farm)
• Who Has Affordable Austin Auto Insurance for Drivers with Good Credit? (FAQ)
• Who Has the Cheapest Auto Insurance for Drivers Over Age 50 in Austin? (FAQ)
• How Much are Austin Auto Insurance Rates for Teenage Females? (FAQ)
• Who Has Cheap Austin Auto Insurance for Teachers? (FAQ)
• What Auto Insurance is Cheapest for Young Drivers in Austin? (FAQ)
• What Car Insurance is Cheapest for Drivers Under 21 in Austin? (FAQ)
• Understanding Limits and Deductibles (Allstate)
• Car Insurance for Teen Drivers with Divorced Parents (Allstate)
• What to do at the Scene of an Accident (Insurance Information Institute)
• Where can I buy Insurance? (Insurance Information Institute)