Are you looking for a better way to compare more competitive Honda Accord insurance in Springfield? Locating the lowest cost Springfield Honda Accord insurance quotes on the internet can appear to be intimidating for vehicle owners that are not comfortable with quoting and online price comparisons. With dozens of insurers available, how can anyone possibly compare every one to find the best price?

Insurance rates Honda Accord in SpringfieldA recent insurance study revealed that the vast majority of consumers in Massachusetts have stayed with the same insurance company for at least the last four years, and nearly half have never compared insurance rates at all. With the average premium in America being $1,847, drivers could save as much as 46.5% every year by just comparing rate quotes, but they think it's difficult to do a rate comparison.

If you already have coverage, you should be able to find the best rates using the techniques covered below. Obtaining price quotes for affordable car insurance policy in Springfield is simple if you know the tricks. Nevertheless, Massachusetts vehicle owners must comprehend how companies calculate your car insurance rates because it varies considerably.

Car insurance providers offering cheap rates in Massachusetts

The following companies can provide free rate quotes in Massachusetts. If more than one company is shown, we recommend you get rates from several of them to get the most competitive price.

Honda Accord Insurance Cost Estimates in Springfield, MA
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Accord LX 4-Dr Sedan $158 $282 $322 $18 $96 $876 $73
Accord LX 4-Dr Sedan $126 $206 $292 $18 $88 $730 $61
Accord EX 4-Dr Sedan $228 $392 $292 $18 $88 $1,018 $85
Accord LX-P 4-Dr Sedan $176 $304 $272 $16 $82 $850 $71
Accord LX-P 4-Dr Sedan $220 $412 $344 $20 $102 $1,098 $92
Accord EX-L 4-Dr Sedan $202 $370 $272 $16 $82 $942 $79
Accord EX 2-Dr Coupe $138 $332 $426 $26 $128 $1,050 $88
Accord LX-S 2-Dr Coupe $182 $322 $494 $30 $148 $1,176 $98
Accord EX-L 2-Dr Coupe $250 $528 $426 $26 $128 $1,358 $113
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Table data represents single male driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Massachusetts minimum liability limits. Discounts applied include multi-vehicle, claim-free, homeowner, safe-driver, and multi-policy. Rates do not factor in the specific area where the vehicle is garaged which can affect insurance rates noticeably.

Reckless driving habits raise Springfield auto insurance rates

The diagram below shows how speeding tickets and at-fault collisions raise Honda Accord car insurance rates for different age groups of insureds. The rates are based on a married male driver, full physical damage coverage, $250 deductibles, and no discounts are taken into consideration.

Does full coverage make sense?

The information below illustrates the difference between Honda Accord annual premium costs with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The costs are based on no claims or violations, $500 deductibles, single male driver, and no discounts are applied.

Deciding between full coverage and liability only

There is no specific rule to stop paying for physical damage coverage, but there is a guideline you can use. If the annual cost of comprehensive and collision coverage is more than about 10% of replacement cost minus your deductible, then it's probably a good time to buy liability coverage only.

For example, let's say your Honda Accord book value is $7,000 and you have $1,000 deductibles. If your vehicle is severely damaged, the most you would get paid by your company is $6,000 after the policy deductible has been paid. If you are paying in excess of $600 annually for your policy with full coverage, then you may want to consider only buying liability coverage.

There are some conditions where only buying liability is not in your best interest. If you haven't paid off your loan, you have to maintain full coverage as part of the loan conditions. Also, if your emergency fund is not enough to purchase a different vehicle if your current one is damaged, you should not drop full coverage.

Deductible comparison

One of the more difficult decisions when buying auto insurance is the level to set your comp and collision deductibles. The rates below may help to conceptualize the rate differences between low and high physical damage coverage deductibles. The first rate comparisons uses a $250 comprehensive and collision deductible 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 $224 $358 $284 $16 $86 $993 $83
Accord LX 4-Dr Sedan $224 $358 $284 $16 $86 $993 $83
Accord EX 4-Dr Sedan $224 $358 $284 $16 $86 $993 $83
Accord LX-P 4-Dr Sedan $224 $358 $284 $16 $86 $993 $83
Accord LX-P 4-Dr Sedan $224 $358 $284 $16 $86 $993 $83
Accord EX-L 4-Dr Sedan $258 $436 $284 $16 $86 $1,105 $92
Accord EX 2-Dr Coupe $258 $512 $378 $22 $114 $1,309 $109
Accord LX-S 2-Dr Coupe $258 $512 $378 $22 $114 $1,309 $109
Accord EX-L 2-Dr Coupe $292 $512 $378 $22 $114 $1,343 $112
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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 $182 $288 $284 $16 $86 $856 $71
Accord LX 4-Dr Sedan $182 $288 $284 $16 $86 $856 $71
Accord EX 4-Dr Sedan $182 $288 $284 $16 $86 $856 $71
Accord LX-P 4-Dr Sedan $182 $288 $284 $16 $86 $856 $71
Accord LX-P 4-Dr Sedan $182 $288 $284 $16 $86 $856 $71
Accord EX-L 4-Dr Sedan $210 $350 $284 $16 $86 $946 $79
Accord EX 2-Dr Coupe $210 $414 $378 $22 $114 $1,138 $95
Accord LX-S 2-Dr Coupe $210 $414 $378 $22 $114 $1,138 $95
Accord EX-L 2-Dr Coupe $236 $414 $378 $22 $114 $1,164 $97
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Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and Massachusetts minimum liability limits. Discounts applied include safe-driver, multi-vehicle, homeowner, multi-policy, and claim-free. Rate information does not factor in the specific area where the vehicle is garaged which can increase or decrease price quotes considerably.

Based on this data, we can arrive at the conclusion that using a $250 deductible costs roughly $13 more each month or $156 for a full year than quoting the higher $500 deductible. Due to the fact that you would have to pay $250 more to file a claim with a $500 deductible as compared to a $250 deductible, if you average at least 19 months between claims, you would save money by selecting a higher deductible.

Verify you're getting every discount

Insuring your fleet can be pricey, but there could be available discounts that you may not know about. Many of these discounts will be applied automatically at quote time, but some discounts are required to be requested specifically in order for you to get them.Car insurance discounts

While discounts sound great, it's important to understand that some of the credits will not apply to all coverage premiums. A few only apply to the price of certain insurance coverages like medical payments or collision. So even though it sounds like having all the discounts means you get insurance for free, you aren't that lucky. Any amount of discount should definitely cut your overall bill.

If you would like to choose from a list of insurers that have a full spectrum of discounts in Springfield, click this link.

Should I contact an agent?

Many people would prefer to get advice from a local agent and that is recommended in a lot of cases An additional benefit of comparing rate quotes online is that you can obtain the best rates but still work with a licensed agent. Buying from local insurance agents is definitely important in Springfield.

Insurance agents in SpringfieldTo help locate an agent, after submitting this short form, the coverage information is instantly submitted to companies in Springfield who can give free rate quotes for your business. It makes it easy because there is no need to drive around as quotes are delivered straight to your inbox. You can find better rates AND a local agent. If for some reason you want to compare rates from a specific company, you can always go to their quote page and complete a quote there.

When searching for a reputable agency, you should know the different agency structures and how they operate. Springfield agents may be either independent agents or exclusive agents depending on their employer.

Independent Car Insurance Agencies or Brokers

These type of agents can quote rates with many companies and that enables them to quote your coverage with an assortment of companies and help determine which has the cheapest rates. If they quote lower rates, your policy is moved internally without you having to go to a different agency. When comparing rate quotes, we highly recommend that you compare quotes from a few independent agents to have the most options to choose from. Most can insure with less well-known companies that may have much lower rates than larger companies.

Listed below is a small list of independent agents in Springfield who may be able to give you free car insurance rate quotes.

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Exclusive Car Insurance Agencies

Exclusive agencies normally can only provide a single company's rates like Allstate, State Farm and Farmers Insurance. They usually cannot compare rates from other companies so they really need to provide good service. Exclusive agents receive a lot of sales training on sales techniques which aids in selling service over price. Some consumers prefer to buy from the same agent for years mostly because of high brand loyalty rather than low rates.

Below is a list of exclusive insurance agents in Springfield that are able to give price quotes.

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Picking an insurance agency shouldn't rely on just a cheap price quote. The questions below may impact your decision as well.

After you get answers to your satisfaction for all questions you ask as well as offering an affordable quote, you've probably found an insurance agent that can be relied on to adequately provide car insurance. Just keep in mind you can always terminate coverage whenever you want so never feel that you are obligated to your new company for any length of time.

Coverage specifics

Knowing the specifics of your policy helps when choosing the best coverages at the best deductibles and correct limits. The coverage terms in a policy can be impossible to understand and reading a policy is terribly boring.

Collision - This coverage pays to fix your vehicle from damage resulting from colliding with another car or object. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims such as damaging your car on a curb, colliding with another moving vehicle, scraping a guard rail and hitting a parking meter. This coverage can be expensive, so consider dropping it from older vehicles. You can also choose a higher deductible on your Accord to save money on collision insurance.

Medical payments coverage and PIP - Personal Injury Protection (PIP) and medical payments coverage provide coverage for immediate expenses like chiropractic care, ambulance fees, doctor visits and funeral costs. The coverages can be utilized in addition to your health insurance policy or if you lack health insurance entirely. It covers all vehicle occupants and will also cover being hit by a car walking across the street. Personal Injury Protection is not an option in every state but can be used in place of medical payments coverage

Liability auto insurance - Liability insurance provides protection from damage or injury you incur to other people or property by causing an accident. Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see policy limits of 20/40/5 that means you have a $20,000 limit per person for injuries, a limit of $40,000 in injury protection per accident, and $5,000 of coverage for damaged property. Occasionally you may see a combined limit which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability can pay for things such as legal defense fees, emergency aid and funeral expenses. How much liability coverage do you need? That is up to you, but buy as high a limit as you can afford. Massachusetts state minimum liability requirements are 20/40/5 but it's recommended drivers buy more liability than the minimum.

Comprehensive coverage - Comprehensive insurance coverage covers damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers claims such as hitting a bird, hail damage, damage from a tornado or hurricane and rock chips in glass. The maximum payout your auto insurance company will pay is the actual cash value, so if the vehicle is not worth much consider dropping full coverage.

Uninsured/Underinsured Motorist coverage - Uninsured or Underinsured Motorist coverage gives you protection when other motorists do not carry enough liability coverage. Covered claims include medical payments for you and your occupants as well as damage to your Honda Accord.

Due to the fact that many Massachusetts drivers have only the minimum liability required by law (20/40/5 in Massachusetts), it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage should not be overlooked. Frequently your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Do the work, save more money

As you restructure your insurance plan, it's very important that you do not buy less coverage just to save a little money. In many cases, someone dropped physical damage coverage to discover at claim time that saving that couple of dollars actually costed them tens of thousands. The ultimate goal is to get the best coverage possible at an affordable rate but still have enough coverage for asset protection.

Consumers who switch companies do it for many reasons like policy non-renewal, lack of trust in their agent, delays in responding to claim requests or extreme rates for teen drivers. Regardless of your reason, finding the right insurance provider can be pretty painless.

We just presented some good ideas how to lower your Honda Accord insurance premium rates in Springfield. The most important thing to understand is the more providers you compare, the better your comparison will be. Consumers may even find the lowest priced insurance comes from a company that doesn't do a lot of advertising.

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