Best Ways to Save on Birmingham Honda Accord Insurance

If you are new to online price comparisons, chances are good that you are bewildered thanks to the huge assortment of auto insurance companies who all claim to have the lowest rates for Honda Accord insurance in Birmingham.

Insurance rates Honda Accord in BirminghamSad but true, most consumers in Alabama kept their coverage with the same auto insurance company for four years or more, and just short of a majority have never quoted auto insurance rates at all. With the average premium in the U.S. being $1,847, drivers could pocket almost 47% a year by just shopping around, but most undervalue the large savings they would see if they just switched companies.

It's a great practice to compare premium rates before your next renewal because insurance prices are rarely the same from one policy term to another. Even if you think you had the lowest rates on Honda Accord insurance in Birmingham a year ago there may be better deals available now. There is too much inaccurate information about Accord insurance online but in this article, you're going to get some tested techniques to reduce your auto insurance bill.

This information will tell you the most effective way to quote insurance and how to save the most money. If you have coverage now, you will most likely be able to cut your premiums using the following tips. But Alabama drivers can benefit from knowing how companies market on the web.

Auto insurance providers offering competitive rate quotes in Alabama

The companies in the list below have been selected to offer free quotes in Birmingham, AL. If multiple companies are listed, it's highly recommended you compare several of them in order to find the lowest rates.

Honda Accord Insurance Rates in Birmingham, AL
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Accord LX 4-Dr Sedan $140 $228 $286 $16 $86 $756 $63
Accord LX 4-Dr Sedan $168 $268 $296 $18 $88 $838 $70
Accord EX 4-Dr Sedan $178 $306 $276 $16 $82 $858 $72
Accord LX-P 4-Dr Sedan $246 $422 $292 $18 $88 $1,066 $89
Accord LX-P 4-Dr Sedan $158 $300 $324 $20 $96 $898 $75
Accord EX-L 4-Dr Sedan $178 $340 $386 $22 $116 $1,042 $87
Accord EX 2-Dr Coupe $290 $636 $514 $30 $154 $1,624 $135
Accord LX-S 2-Dr Coupe $250 $606 $430 $26 $128 $1,440 $120
Accord EX-L 2-Dr Coupe $232 $408 $388 $24 $116 $1,168 $97
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Prices based on married female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Alabama minimum liability limits. Discounts applied include multi-policy, safe-driver, claim-free, multi-vehicle, and homeowner. Table data does not factor in specific zip code location which can change coverage rates noticeably.

Policy deductibles

One of the hardest decisions when shopping for car insurance is how high should the deductibles for physical damage be. The rates below may aid in understanding the price difference when you choose different policy deductibles. The first data set uses a $250 deductible for physical damage and the second data table uses a $500 deductible.

Honda Accord insurance with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Accord LX 4-Dr Sedan $228 $360 $286 $16 $86 $1,001 $83
Accord LX 4-Dr Sedan $228 $360 $286 $16 $86 $1,001 $83
Accord EX 4-Dr Sedan $228 $360 $286 $16 $86 $1,001 $83
Accord LX-P 4-Dr Sedan $228 $360 $286 $16 $86 $1,001 $83
Accord LX-P 4-Dr Sedan $228 $360 $286 $16 $86 $1,001 $83
Accord EX-L 4-Dr Sedan $260 $440 $286 $16 $86 $1,113 $93
Accord EX 2-Dr Coupe $260 $518 $382 $22 $114 $1,321 $110
Accord LX-S 2-Dr Coupe $260 $518 $382 $22 $114 $1,321 $110
Accord EX-L 2-Dr Coupe $294 $518 $382 $22 $114 $1,355 $113
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Honda Accord insurance with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Accord LX 4-Dr Sedan $184 $292 $286 $16 $86 $864 $72
Accord LX 4-Dr Sedan $184 $292 $286 $16 $86 $864 $72
Accord EX 4-Dr Sedan $184 $292 $286 $16 $86 $864 $72
Accord LX-P 4-Dr Sedan $184 $292 $286 $16 $86 $864 $72
Accord LX-P 4-Dr Sedan $184 $292 $286 $16 $86 $864 $72
Accord EX-L 4-Dr Sedan $212 $354 $286 $16 $86 $954 $80
Accord EX 2-Dr Coupe $212 $418 $382 $22 $114 $1,148 $96
Accord LX-S 2-Dr Coupe $212 $418 $382 $22 $114 $1,148 $96
Accord EX-L 2-Dr Coupe $240 $418 $382 $22 $114 $1,176 $98
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Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, and Alabama minimum liability limits. Discounts applied include safe-driver, multi-policy, homeowner, claim-free, and multi-vehicle. Premium amounts do not factor in your specific Birmingham location which can affect premium rates noticeably.

Based on this data, using a $250 deductible will cost in the ballpark of $12 more each month or $144 each year than requesting the higher $500 deductible. Because you would be required to pay $250 more if you file a claim with a $500 deductible as compared to a $250 deductible, if you tend to average more than 21 months between claims, you would probably save some money by selecting a higher deductible.

Get affordable Honda Accord insurance in Birmingham with discounts

Auto insurance is neither fun to buy or cheap, but there are discounts available to reduce the price significantly. Some discounts apply automatically at the time you complete a quote, but some may not be applied and must be specially asked for before you will receive the discount. If you don't get every credit available, you could be saving more on your auto insurance.

Discounts reduce rates, but you should keep in mind that most discount credits are not given to the entire cost. Most cut specific coverage prices like collision or personal injury protection. So even though you would think all those discounts means the company will pay you, company stockholders wouldn't be very happy.

A list of auto insurance companies and some of their more popular discounts can be found below.

When getting a coverage quote, ask every prospective company to give you their best rates. Some discounts listed above may not be available in Birmingham.

You are unique and your insurance should be too

When it comes to proper insurance coverage for your vehicles, there is no one size fits all plan. Everyone's situation is a little different and your insurance should be unique as well. Here are some questions about coverages that may help highlight if your situation may require specific advice.

If you're not sure about those questions but a few of them apply, you might consider talking to a licensed insurance agent. If you don't have a local agent, fill out this quick form or you can go here for a list of companies in your area.

Exclusive versus independent insurance agents

Many drivers would rather have an agent's advice. One of the great benefits of price shopping on the web is the fact that drivers can get cheap rate quotes but also keep your business local. Buying from and supporting local agents is especially important in Birmingham.

To find an agent, once you fill out this form (opens in new window), your insurance coverage information gets sent to companies in Birmingham that can provide free Birmingham auto insurance quotes to get your business. You don't have to drive around because quoted prices will be sent straight to your inbox. You can most likely find cheaper rates without a big time investment. If you wish to quote rates from a specific insurance company, feel free to navigate to their website and fill out the quote form the provide.

When researching a reliable agent, there are a couple of different types of agencies that differ in how they can insure your vehicles. Agencies in Birmingham are considered either exclusive or independent.

Independent Agents (or Brokers)

Independent insurance agents are not employed by any specific company and that enables them to quote your coverage through many companies depending on which coverage is best. To move your coverage to a new company, an independent agent can move your coverage without you having to go to a different agency. If you are comparing insurance prices, you will definitely want to include multiple independent agents in order to compare the most rates. Most independent agents also contract with different regional companies that many times have cheaper rates.

Shown below are independent insurance agencies in Birmingham that may be able to give you pricing information.

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Exclusive Agents

Agents that choose to be exclusive can only place business with one company such as State Farm, AAA, and Liberty Mutual. They generally cannot shop your coverage around so you might not find the best rates. Exclusive agents are usually quite knowledgeable on the products they sell and that allows them to sell at a higher price point. A lot of people buy from the same agent for years primarily because of loyalty to the company rather than low price.

Shown below is a list of exclusive insurance agencies in Birmingham that are able to give price quotes.

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Finding the right insurance agent requires you to look at more than just the price. Before buying a policy in Birmingham, get answers to these questions.

Learn about auto insurance coverages for a Honda Accord

Having a good grasp of auto insurance can be of help when determining appropriate coverage and the correct deductibles and limits. The terms used in a policy can be difficult to understand and nobody wants to actually read their policy. Below you'll find the normal coverages available from auto insurance companies.

Comprehensive coverages - Comprehensive insurance coverage pays for damage OTHER than collision with another vehicle or object. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers things like damage from getting keyed, a tree branch falling on your vehicle, theft and hitting a deer. The highest amount your auto insurance company will pay is the ACV or actual cash value, so if it's not worth much more than your deductible it's probably time to drop comprehensive insurance.

Coverage for medical payments - Personal Injury Protection (PIP) and medical payments coverage reimburse you for short-term medical expenses such as surgery, pain medications and EMT expenses. They can be utilized in addition to your health insurance program or if there is no health insurance coverage. They cover both the driver and occupants and will also cover being hit by a car walking across the street. PIP is not available in all states but can be used in place of medical payments coverage

Uninsured and underinsured coverage - This coverage protects you and your vehicle from other motorists when they do not carry enough liability coverage. It can pay for medical payments for you and your occupants as well as damage to your Honda Accord.

Due to the fact that many Alabama drivers carry very low liability coverage limits (25/50/25), it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages should not be overlooked. Frequently your uninsured/underinsured motorist coverages are set the same as your liability limits.

Collision - Collision insurance covers damage to your Accord from colliding with another vehicle or an object, but not an animal. You have to pay a deductible then your collision coverage will kick in.

Collision can pay for claims like damaging your car on a curb, driving through your garage door, colliding with a tree, crashing into a building and scraping a guard rail. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Drivers also have the option to choose a higher deductible on your Accord in order to get cheaper collision rates.

Liability car insurance - This provides protection from injuries or damage you cause to other people or property in an accident. This insurance protects YOU from legal claims by others. It does not cover your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see liability limits of 25/50/25 which means $25,000 bodily injury coverage, a limit of $50,000 in injury protection per accident, and a limit of $25,000 paid for damaged property. Another option is one number which is a combined single limit which provides one coverage limit without having the split limit caps.

Liability coverage pays for things such as pain and suffering, legal defense fees, funeral expenses, structural damage and emergency aid. How much liability should you purchase? That is a decision to put some thought into, but you should buy as high a limit as you can afford. Alabama state law requires minimum liability limits of 25/50/25 but you should consider buying better liability coverage.

Find cheap rates by comparing often

We just showed you many ideas to get a better price on Honda Accord insurance in Birmingham. The key thing to remember is the more quotes you get, the more likely it is that you will get a better rate. Consumers may even find the lowest priced insurance comes from some of the smallest insurance companies. These smaller insurers can often insure niche markets at a lower cost than their larger competitors like Allstate, GEICO and Progressive.

Cheaper insurance in Birmingham can be sourced both online and with local Birmingham insurance agents, so you should compare both in order to have the best chance of saving money. A few companies may not have online price quotes and these regional insurance providers only sell coverage through local independent agencies.

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