2016 Honda Accord Hybrid Insurance Quotes in 2024 – 8 Savings Tips

Want better car insurance rates for your Honda Accord Hybrid? Expensive Honda Accord Hybrid insurance can eat up your bank account and make it hard to pay other bills. Getting a rate comparison is a great way to tighten up your finances.

People have many insurers to choose from, and although it’s nice to have a selection, so many choices can make it hard to locate the cheapest rates.

This article will familiarize you with the best way to quote coverages. If you are paying for car insurance now, you should be able to reduce your rates substantially using this information. Vehicle owners only need an understanding of the most effective way to compare prices on the web.

How much does auto insurance cost?

There are multiple methods you can shop for auto insurance and some are easier and takes less work. You can waste hours talking about coverages with insurance agencies in your area, or you could use the web to get the quickest rates.

Many insurance companies participate in a marketplace that enables customers to complete one form, and each company returns a rated price determined by their information. This prevents consumers from doing quote requests for each company. To access this free quoting program, enter your zip code here.

The only drawback to using this type of form is you are unable to specify the companies you want to price. If you wish to select from a list of companies to compare, we have assembled a list of auto insurance companies in your area. Click to enter zip code.

It doesn’t matter which method you choose, just try to keep nearly identical deductibles and coverage limits for each quote you get. If you are comparing different deductibles it’s impossible to determine the best price for your Honda Accord Hybrid.

Verify you’re earning every discount

Insurance is not cheap nor is it fun to buy but you might find some hidden discounts that you may not even know about. Certain credits will be shown when you complete an application, but a few must be specifically requested in order for you to get them. If you are not receiving all the discounts possible, you are just wasting money.

• Driving Data Discount – Drivers who agree to allow driving data submission to spy on driving habits by using a telematics device like In-Drive from State Farm and Progressive’s Snapshot might get better premium rates if they exhibit good driving behavior.
• Anti-lock Brake System – Vehicles with ABS and/or traction control prevent accidents and earn discounts up to 10%.
• Discounts for Seat Belt Usage – Forcing all vehicle occupants to buckle their seat belts could cut 10% or more on the medical payments or PIP coverage costs.
• Senior Citizen Rates – Drivers over the age of 55 may qualify for lower premium rates for Accord Hybrid insurance.
• Discounts for Good Drivers – Insureds who avoid accidents could pay up to 40% less for Accord Hybrid insurance than drivers with accidents.
• Fewer Miles Equal More Savings – Fewer annual miles on your Honda could earn cheaper rates.
• Drivers Ed for Students – Have your child successfully take a drivers education course in high school.
• Life Insurance Discount – Not all companies offer life insurance, but some may give you a lower premium rate if you buy life insurance from them.

One thing to note about discounts is that most discount credits are not given to the entire policy premium. Most cut the price of certain insurance coverages like comp or med pay. So even though it sounds like you would end up receiving a 100% discount, companies wouldn’t make money that way.

The best insurance companies and some of the premium reductions they offer can be read below.

• GEICO offers premium reductions for anti-lock brakes, membership and employees, driver training, federal employee, anti-theft, emergency military deployment, and daytime running lights.
• Mercury Insurance offers discounts for annual mileage, ease of repair, professional/association, low natural disaster claims, accident-free, and good student.
• Farmers Insurance discounts include distant student, bundle discounts, homeowner, electronic funds transfer, and good student.
• Auto-Owners Insurance may have discounts that include teen driver, anti-lock brakes, good student, company car, and air bags.
• Liberty Mutual has savings for safety features, multi-car, multi-policy, new move discount, and newly retired.
• SAFECO offers discounts including drive less, safe driver, anti-lock brakes, teen safe driver, multi-car, homeowner, and accident prevention training.
• Progressive includes discounts for homeowner, good student, continuous coverage, multi-policy, and online signing.
• USAA has discounts for good student, driver training, military installation, vehicle storage, new vehicle, multi-policy, and family discount.

When getting free car insurance quotes, it’s a good idea to each company or agent which discounts can lower your rates. A few discounts may not apply to policyholders everywhere. To locate insurance companies that offer discounts, enter your zip code here.

When should I discuss my situation with an agent?

When choosing coverage for your vehicles, there isn’t really a cookie cutter policy. Each situation is unique so your insurance needs to address that. These are some specific questions might point out if you might need an agent’s assistance.

• Does my 2016 Honda Accord Hybrid qualify for pleasure use?
• Is my vehicle covered by my employer’s policy when using it for work?
• What companies insure drivers after a DUI or DWI?
• Where can I get insurance after a DUI in my state?
• Does my policy cover me when driving someone else’s vehicle?
• How can I force my company to pay a claim?
• Is my teen driver covered when they drive my company car?
• Why is insurance for a teen driver so high?
• What is the minimum liability in my state?
• Do I have coverage when using my vehicle for my home business?

If you’re not sure about those questions, then you may want to think about talking to a licensed insurance agent. If you don’t have a local agent, complete your zip code. It’s fast, free and can help protect your family.

Car insurance coverage information

Understanding the coverages of your auto insurance policy aids in choosing appropriate coverage at the best deductibles and correct limits. The terms used in a policy can be confusing and nobody wants to actually read their policy. Below you’ll find typical coverages available from auto insurance companies.

Auto liability insurance

Liability insurance protects you from injuries or damage you cause to other’s property or people that is your fault. This coverage protects you from claims by other people. It does not cover your injuries or vehicle damage.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see policy limits of 50/100/50 which stand for $50,000 bodily injury coverage, $100,000 for the entire accident, and $50,000 of coverage for damaged property. Alternatively, you may have a combined single limit or CSL that pays claims from the same limit with no separate limits for injury or property damage.

Liability coverage protects against things like medical services, loss of income, repair costs for stationary objects, court costs and legal defense fees. How much coverage you buy is a personal decision, but you should buy higher limits if possible.

Insurance for medical payments

Med pay and PIP coverage pay for bills such as doctor visits, funeral costs and pain medications. They are used to cover expenses not covered by your health insurance plan or if there is no health insurance coverage. Coverage applies to you and your occupants in addition to being hit by a car walking across the street. Personal injury protection coverage is not available in all states and gives slightly broader coverage than med pay

Collision protection

This coverage covers damage to your Accord Hybrid caused by collision with another car or object. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against things such as crashing into a building, crashing into a ditch and backing into a parked car. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are 8 years or older. Another option is to choose a higher deductible to save money on collision insurance.

Comprehensive coverage (or Other than Collision)

Comprehensive insurance coverage pays for damage OTHER than collision with another vehicle or object. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things such as vandalism, hitting a bird and rock chips in glass. The maximum payout you’ll receive from a claim is the actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Uninsured Motorist or Underinsured Motorist insurance

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other drivers when they either have no liability insurance or not enough. Covered losses include hospital bills for your injuries and damage to your Honda Accord Hybrid.

Since many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. So UM/UIM coverage is important protection for you and your family. Most of the time the UM/UIM limits do not exceed the liability coverage limits.