Cheapest Quotes for Honda Accord Insurance in Durham

Amazingly, a large majority of car insurance policyholders have remained with the same car insurance company for over three years, and almost half have never compared car insurance rates at all. With the average premium in North Carolina being $980, drivers could save an average of about $90 each year, but they won’t spend time to compare rates.

It takes a little time, but the best way to get budget car insurance rates in Durham is to compare prices at least once a year from insurance carriers that sell auto insurance in North Carolina. Drivers can shop around by following these guidelines.

• First, read and learn about what is in your policy and the things you can control to drop your rates. Many factors that cause high rates such as accidents, careless driving, and a bad credit rating can be remedied by paying attention to minor details. Later in this article we will cover additional tips to find cheap prices and get additional discounts that may be available.
• Second, compare rates from direct carriers, independent agents, and exclusive agents. Exclusive and direct companies can only quote rates from a single company like Progressive or State Farm, while independent agents can give you price quotes for a wide range of insurance providers.
• Third, compare the quotes to your current policy to determine if you can save on Accord insurance. If you find a lower rate quote and buy the policy, ensure coverage does not lapse between policies.

A good tip to remember is to compare the same deductibles and limits on each quote request and and to get price quotes from as many different companies as possible. This enables a fair rate comparison and the best price quote selection.

If you have coverage now, you will be able to shop for the lowest rates using the techniques presented in this article. Quoting and buying the best-priced policy in Durham is not as confusing as people think. But North Carolina vehicle owners should learn how big insurance companies calculate your policy premium because it can help you find the best coverage.

Low Cost auto insurance in Durham, NC

The following companies provide price comparisons in Durham, NC. To get cheap car insurance in Durham, we suggest you visit several of them to get a more complete price comparison.

Insurance coverage analysis

The premium information displayed next highlights detailed analysis of prices for Honda Accord models. Having knowledge of how insurance rates are calculated helps drivers make decisions when shopping your coverage around.

Data based on single female driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and North Carolina minimum liability limits. Discounts applied include homeowner, multi-vehicle, safe-driver, multi-policy, and claim-free. Price estimates do not factor in specific garaging location which can raise or lower premiums greatly.

Higher deductibles save money

When shopping for car insurance, a common question is how low should you set your deductibles. The following insurance rates sum up the rate differences when you select higher and lower physical damage coverage deductibles. The first rate estimation uses a $250 physical damage deductible and the second price table uses a $1,000 deductible.

Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and North Carolina minimum liability limits. Discounts applied include multi-vehicle, homeowner, multi-policy, claim-free, and safe-driver. Information does not factor in vehicle garaging location which can change coverage prices significantly.

We can derive from the above data that using a $250 deductible will cost you about $18 more each month or $216 for a full year averaged for all Accord models than opting for the higher $1,000 deductible. Because you would be required to pay $750 more if you turn in a claim with a $1,000 deductible as compared to a $250 deductible, if you average more than 42 months between claim filings, you would most likely save money by going with a higher deductible.

The chart below demonstrates how choosing different deductibles and can increase or decrease Honda Accord insurance costs for different insured age categories. Data assumes a single male driver, full physical damage coverage, and no discounts are applied.

How accidents and violations affect rates in Durham

The chart below demonstrates how citations and at-fault collisions can raise Honda Accord insurance costs for different age groups. The price estimates are based on a married female driver, comprehensive and collision coverage, $100 deductibles, and no discounts are applied.

Smart Consumers Can Reduce Insurance Rates

Multiple criteria are part of the calculation when quoting car insurance. Most are fairly basic such as your driving record, but some are not as apparent such as your marital status or how safe your car is.

Your job is a factor – Do you work in a high-stress field? Jobs such as fire fighters, business owners, and miners tend to pay higher average rates attributed to intense work requirements and lots of time spent away from family. On the other hand, careers like professors, historians and retirees pay the least.

Pay more out-of-pocket – Comprehensive and collision coverage deductibles are how much you are willing to pay out-of-pocket if the claim is covered. Insurance for physical damage, aka comp and collision, protects your car from damage. Some examples of covered claims could be colliding with a stationary object, fire damage, and damage caused by road hazards. The more damage repair cost you’re willing to pay, the bigger discount you will receive.

How credit history affects insurance rates – Having a bad credit score factor in calculating your insurance rates. Consumers who have excellent credit tend to be more responsible than those with lower credit scores. If your credit score leaves room for improvement, you could save money insuring your Honda Accord by spending a little time repairing your credit.

Marriage is a good thing – Getting married can get you a discount when buying insurance. It is viewed as being more responsible and insurance companies like that married drivers tend to file fewer claims.

Rental and towing coverage may not be needed – There are a ton of optional add-on coverages that you can buy on your insurance policy. Insurance for coverage for rental cars, death and dismemberment, and membership fees may be costing you every month. They may seem good when discussing your needs, but your money might be better spent on other coverage so eliminate them to save money.

Save by driving less – The higher the mileage driven every year the more you will pay for insurance. A lot of insurance companies apply a rate partially by how you use the vehicle. Cars and trucks that do not get driven very much cost less to insure as compared to vehicles used primarily for driving to work. Having an incorrect usage rating on your Accord is throwing money out the window. Verify your declarations sheet is rated on the correct usage for each vehicle.

Better insurance rates for uninterrupted coverage – Not maintaining insurance is a big no-no and as a result your rates will increase for letting your coverage cancel without a new policy in place. Not only will you pay more, being ticketed for driving with no insurance might get you a hefty fine and possibly a revoked license.

Honda Accord statistical loss data – Companies use past loss statistics for each vehicle when they set coverage costs for each model. Models that statistically have high amounts or severity of claims will have a higher premium rate. The information below illustrates the actual insurance loss data for Honda Accord vehicles.

For each coverage category, the claim probability for all vehicles as a whole is considered to be 100. Percentage values below 100 mean the vehicle has better than average losses, while numbers above 100 point to more losses or an increased likelihood of larger losses.

Verify you’re getting every discount

Car insurance companies don’t always list the entire discount list in a way that’s easy to find, so the following list contains some of the best known and also the lesser-known credits available to you.

• ABS Brakes – Cars, trucks, and SUVs equipped with ABS or steering control can stop better under adverse conditions and earn discounts up to 10%.
• Renewal Discounts – A few companies offer discounts for buying a policy prior to your current Accord insurance policy expiration. It could save around 10% when you buy Durham auto insurance online.
• E-sign – A few auto insurance companies may give you up to $50 for buying a policy and signing up over the internet.
• College Student – Kids living away from Durham attending college and don’t have a car may qualify for this discount.
• Passive Restraints and Air Bags – Factory air bags or automatic seat belts can get savings up to 30%.

As a disclaimer on discounts, many deductions do not apply to all coverage premiums. Most cut the price of certain insurance coverages like liability, collision or medical payments. So even though they make it sound like you would end up receiving a 100% discount, companies don’t profit that way.

The information below shows the comparison of Honda Accord auto insurance costs with and without discounts being applied to the rates. The prices are based on a female driver, no driving violations, no at-fault accidents, North Carolina state minimum liability limits, full physical damage coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, marriage, safe-driver, multi-car, multi-policy, and claim-free discounts applied.

A list of companies and their possible discounts are shown below.

• Progressive offers discounts for multi-policy, multi-vehicle, homeowner, continuous coverage, online signing, online quote discount, and good student.
• GEICO offers discounts including seat belt use, driver training, emergency military deployment, federal employee, anti-theft, five-year accident-free, and military active duty.
• State Farm may include discounts for accident-free, Drive Safe & Save, Steer Clear safe driver discount, safe vehicle, passive restraint, good student, and anti-theft.
• Esurance includes discounts for safety device, multi-policy, renters, online quote, homeowner, and DriveSense.
• The Hartford offers premium reductions for anti-theft, driver training, air bag, defensive driver, and vehicle fuel type.

Double check with every company which discounts can lower your rates. Depending on the company, some discounts might not be offered in your state. If you would like to choose from a list of companies who offer online Honda Accord insurance quotes in Durham, click here.

Local neighborhood agents and auto insurance

Some people just want to buy from a local agent and that can be a great decision A good thing about getting online price quotes is you may find lower rates but also keep your business local. And supporting local insurance agencies is definitely important in Durham.

After filling out this quick form, the coverage information gets sent to agents in your area that provide free Durham auto insurance quotes and help you find cheaper coverage. You won’t need to contact an agency due to the fact that quote results will go immediately to you. You can get cheaper auto insurance rates without having to waste a lot of time. In the event you want to get a price quote from a specific auto insurance provider, just search and find their rate quote page and complete a quote there.

If you need to find local Durham agents, there are a couple of different types of agents to choose from. Auto insurance agencies can be described as either exclusive or independent.

Independent Auto Insurance Agencies or Brokers

Agents that elect to be independent do not work for one specific company so they can insure your vehicles through many companies and help determine which has the cheapest rates. If premiums increase, they simply switch companies in-house which requires no work on your part.

If you are trying to find cheaper rates, it’s recommended you include several independent insurance agents to get the most accurate price comparison. They also have the ability to place coverage with small mutual carriers that many times have cheaper rates.

The following are independent insurance agents in Durham that may be able to give you competitive price quotes.

• The Insurance Pros, Inc.
  1210 Cole Mill Rd Suite 101 – Durham, NC 27705 – (919) 294-6613 – View Map
• Around The Corner Insurance Agency, Inc.
  1431 Broad St – Durham, NC 27705 – (919) 286-9500 – View Map
• Mike Embree Insurance Agency
  3813 University Dr – Durham, NC 27707 – (919) 489-7336 – View Map

More insurance agents

Exclusive Agencies

Agents of this type generally can only insure with one company like Allstate and State Farm. They generally cannot provide rate quotes from other companies so you need to shop around if the rates are high. These agents receive a lot of sales training on sales techniques which aids in selling service over price. Some people will only use the same agent mainly due to the brand legacy rather than having the cheapest rates.

Below is a list of exclusive insurance agencies in Durham who can help you get price quotes.

• Allstate Insurance Agent: Ava Brownlee
  14 Consultant Pl Ste 150 – Durham, NC 27707 – (919) 490-6667 – View Map
• Zonya Autmon – State Farm Insurance Agent
  2402 S Miami Blvd #103 – Durham, NC 27703 – (919) 993-3555 – View Map
• Nationwide Insurance: M A Mansour
  1209 University Dr – Durham, NC 27705 – (919) 797-0135 – View Map

More insurance agents

Choosing a car insurance agent should depend on more than just a cheap quote. Any good agent in Durham should know the answers to these questions.

• Does the agent help file claims?
• Does the agent have a valid license to sell insurance in North Carolina?
• Where would glass claims be handled in Durham?
• Are they paid to recommend certain coverages?
• How long have they worked with personal auto insurance coverage?
• Do they have cheaper tiers of coverage?
• Do they have a Better Business Bureau rating in Durham?
• Does the agent recommend any additional coverage?

Do I need special coverages?

Always keep in mind that when comparing coverage for your personal vehicles, there really is not a best way to insure your cars. Everyone’s needs are different.

For instance, these questions might point out if your situation might need an agent’s assistance.

• How much underlying liability do I need for an umbrella policy?
• Is there a penalty for late payment?
• Can good grades get a discount?
• What is an SR-22 filing?
• Do I have coverage when making deliveries for my home business?
• When should I remove comp and collision on my Honda Accord?

If it’s difficult to answer those questions but you know they apply to you, you may need to chat with a licensed agent. To find lower rates from a local agent, complete this form.

Keep this in mind when shopping around

A few companies do not provide online rate quotes and usually these smaller providers only sell coverage through local independent agencies. Discount Honda Accord insurance is available on the web as well as from insurance agents, and you need to comparison shop both in order to have the best price selection to choose from.

As you prepare to switch companies, make sure you don’t skimp on coverage in order to save money. In many instances, someone dropped full coverage only to regret that they should have had better coverage. Your objective should be to buy enough coverage at the best cost and still be able to protect your assets.

Insureds change insurance companies for any number of reasons including delays in responding to claim requests, lack of trust in their agent, extreme rates for teen drivers and questionable increases in premium. Regardless of your reason for switching companies, choosing a new company is easier than you think.

Additional information can be found on the following sites:

• Honda warning system reduces insurance claims (Insurance Institute for Highway Safety)
• Who Has Cheap Auto Insurance for Good Students in Durham? (FAQ)
• What Auto Insurance is Cheapest in Durham, North Carolina? (FAQ)
• Who Has the Cheapest Car Insurance Quotes for a Toyota Tacoma in Durham? (FAQ)
• Understanding Rental Car Insurance (Insurance Information Institute)
• Top Signs Your Brakes are Giving Out (State Farm)
• Older Driver Statistics (Insurance Information Institute)