Auto Insurance Rates for a Honda Accord in Jacksonville

If saving money is your primary concern, then the best way to save money on car insurance rates in Jacksonville is to start comparing prices regularly from providers who provide auto insurance in Florida.

• Step 1: Get a basic knowledge of what coverages are included in your policy and the changes you can make to lower rates. Many risk factors that cause high rates such as tickets, at-fault accidents, and poor credit history can be eliminated by making lifestyle changes or driving safer.
• Step 2: Compare rates from independent agents, exclusive agents, and direct companies. Exclusive agents and direct companies can only give prices from a single company like Progressive and State Farm, while independent agencies can quote rates from multiple insurance companies.
• Step 3: Compare the new rate quotes to the price on your current policy to see if a cheaper rate is available in Jacksonville. If you find a lower rate quote and change companies, make sure there is no lapse in coverage.

A good tip to remember is that you use identical limits and deductibles on every price quote and and to get rate quotes from as many different insurance providers as possible. Doing this enables a fair rate comparison and maximum price selection.

It goes without saying that insurance companies don’t want policyholders to shop around. People who shop around will probably switch to a new company because there is a good chance of finding discount prices. A recent study showed that people who shopped around annually saved as much as $3,450 over four years as compared to drivers who don’t make a habit of comparing rates.

If finding the cheapest price on Honda Accord insurance in Jacksonville is your objective, then having a grasp of the best ways to shop for insurance can help you succeed in finding affordable rates.

If you are insured now or just want a better rate, use these tips to buy cheaper auto insurance without reducing protection. Choosing the most cost-effective auto insurance policy in Jacksonville can really be easy if you know what you’re doing. Vehicle owners just need to learn how to quote multiple rates from many different companies online.

The companies in the list below offer price comparisons in Jacksonville, FL. If the list has multiple companies, we recommend you visit as many as you can in order to find the most competitive rates.

Insurance policy discounts you can’t miss

Not many people think insurance is cheap, but there could be significant discounts that can drop the cost substantially. A few discounts will be applied at the time you complete a quote, but some may not be applied and must be specially asked for prior to receiving the credit. If you aren’t receiving every discount you qualify for, you could be saving more on your insurance.

• Theft Deterrent System – Cars with anti-theft systems are stolen with less frequency and earn discounts up to 10% off your Jacksonville auto insurance quote.
• Student Driver Training – Teen drivers should complete a driver education course if it’s offered in school.
• Early Signing – Some insurance companies reward drivers for buying a new policy early. The savings is around 10%.
• Membership in Organizations – Affiliation with a professional or civic organization is a simple method to lower premiums when getting a Jacksonville auto insurance quote.
• Bundle and Save – When you have multiple policies with one insurance company you will save up to 20% and get you cheap Accord insurance.
• Anti-lock Brake System – Vehicles with ABS braking systems or traction control have fewer accidents and therefore earn up to a 10% discount.
• Life Insurance Discount – Not every insurance company offers life insurance, but if they do you may earn a small discount if you purchase some life insurance in addition to your auto policy.
• Good Grades Discount – This discount can earn a discount of 20% or more. You can use this discount normally up to age 25.
• Discounts for Seat Belt Usage – Requiring all passengers to buckle their seat belts could cut 10% or more off the personal injury premium cost.
• Multiple Cars – Buying a policy with primary and secondary vehicles on one policy can get a discount for every vehicle.

You can save money using discounts, but many deductions do not apply to the overall cost of the policy. Some only reduce specific coverage prices like comp or med pay. Just because it seems like you could get a free insurance policy, that’s just not realistic.

The illustration below shows the comparison of Honda Accord insurance premiums with and without discounts applied. The data is based on a female driver, no claims or driving citations, Florida 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 marriage, multi-car, multi-policy, homeowner, safe-driver, and claim-free discounts applied.

Companies that may offer policyholders most of these discounts are:

• Progressive
• SAFECO
• American Family
• MetLife
• GEICO
• The Hartford

When getting a coverage quote, ask every company how you can save money. Some credits might not apply in Jacksonville. To locate insurance companies who offer insurance discounts in Florida, follow this link.

Insurance coverage analysis

The premium table displayed below outlines detailed analysis of coverage prices for Honda Accord models. Understanding how insurance rates are formulated can assist in making smart choices when buying a car insurance policy.

Data rating is based on single female driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Florida minimum liability limits. Discounts applied include homeowner, multi-policy, safe-driver, multi-vehicle, and claim-free. Rate information does not factor in specific zip code location which can revise price quotes significantly.

Deductible comparison

The hardest decision when buying coverage is which deductibles should you choose. The comparisons below may help you to understand the rate difference between high and low policy deductibles. The first rate comparisons uses a $100 deductible and the second price chart uses a $1,000 deductible.

Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Florida minimum liability limits. Discounts applied include multi-vehicle, safe-driver, multi-policy, claim-free, and homeowner. Rate information does not factor in garaging location in Jacksonville which can impact coverage rates greatly.

Based on this data, using a $100 deductible costs roughly $38 more each month or $456 annually than requesting the higher $1,000 deductible. Since you would pay $900 more out-of-pocket with a $1,000 deductible as compared to a $100 deductible, if you tend to average at least 24 months between claim filings, you would more than likely save some money by going with a higher deductible. Here’s how you can perform this determination yourself.

One thing to note is that increasing deductibles to save money means you will have to pay more when you do file a claim. It will be required that you have enough savings in order to pay the deductible for vehicle repair.

Save Money with These Tips

One of the most helpful ways to save on insurance is to to have a grasp of the rating factors that come into play when calculating the rates you pay for insurance. If you understand what impacts premium levels, this enables informed choices that will entitle you to big savings. Lots of factors are taken into consideration when premium rates are determined. Some factors are common sense like your driving record, but others are more obscure such as your marital status and annual miles driven.

The following are some of the most common factors insurance companies consider when setting premiums.

• Bundle policies to earn discounts – Lots of insurance companies provide a discount to customers that buy multiple policies. It’s known as a multi-policy discount. Even with this discount applied, it’s in your best interest to comparison shop to ensure the best deal.
• Defend yourself with liability coverage – Liability coverage will protect you when you are ruled to be at fault for personal injury or accident damage. Your liability coverage provides you with a defense in court which can be incredibly expensive. It is affordable coverage compared to other policy coverages, so do not cut corners here.

• Prices also based on gender – Over the last 50 years, statistics have shown that females tend to be a little less risky than males. This data doesn’t prove that men are WORSE drivers than women. They both cause auto accidents at a similar rate, but the men get into accidents with more damage. Men also statistically get higher numbers of serious violations like DUI and reckless driving.

  The illustration below visualizes the comparison of Honda Accord insurance prices for male and female drivers. The premium estimates are based on no violations or claims, comprehensive and collision coverage, $100 deductibles, single status, and no discounts are applied to the premium.

• Is your vehicle theft-ready? – Owning a car with a theft deterrent system can earn a premium discount. Theft deterrent systems such as OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems all hinder auto theft and help lower rates.

• Tickets and citations cost more than a fine – Whether or not you get tickets has a big impact on rates. Even a single ticket can increase rates by twenty percent. Drivers with clean records get better rates than their less careful counterparts. Drivers unfortunate enough to have serious citations such as reckless driving or DUI are required to file a proof of financial responsibility form (SR-22) with their state’s department of motor vehicles in order to continue driving.

  The illustration below shows how traffic citations and accidents raise Honda Accord premium costs for different age groups. The information is based on a married male driver, comp and collision included, $500 deductibles, and no discounts are factored in.

• Policy claims cost money – Companies in Florida award cheaper rates to drivers who are claim-free. If you’re an insured who likes to file claims you can expect increased rates or even have your policy non-renewed. Your insurance policy is designed for more catastrophic claims.
• Single drivers take more risk – Having a wife or husband helps lower the price on your policy. Having a spouse demonstrates that you tend to be more mature than a single person and statistics show drivers who are married are more cautious.

• Insurance rates and age – Older insureds have been proven to be more responsible, cost insurance companies less in claims, and tend to be get fewer driving tickets. Beginning drivers tend to get distracted easily with other occupants in the car so they pay higher insurance rates.

  The following chart uses these variables: single driver, full coverage with $100 deductibles, and no discounts or violations.

• Insurance losses for a Honda Accord – Insurers use past loss statistics for each vehicle when determining insurance prices. Vehicles that the data determines to have higher number or severity of losses will have increased rates.

  The table below outlines the historical insurance loss data for Honda Accord vehicles. For each coverage category, the statistical loss for all vehicles, regardless of manufacturer or model, is considered to be 100. Values under 100 represent a good loss history, while numbers that are greater than 100 indicate higher probability of having a loss or statistically larger losses.

  
  

  Honda Accord Insurance Loss Statistics

  Make and 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 from IIHS.org for 2013-2015 Model Years