Auto Insurance Rates for a Honda Accord in Riverside

Insurance quote for Honda Accord in RiversideWant to learn how to buy cheaper Honda Accord insurance in Riverside? Have you finally had enough of being strong-armed to make your auto insurance payment? You are no different than many other California consumers.

It’s safe to assume that auto insurance companies want to keep you from comparing rates. People who shop around annually are highly likely to buy a different policy because there is a significant possibility of finding a lower-priced company. Remarkably, a study showed that consumers who compared rates regularly saved over $860 a year as compared to drivers who never compared other company’s rates.

If finding the lowest price on Honda Accord insurance in Riverside is why you’re reading this, then having a good understanding how to quote and compare cheaper coverage can save time and make the process easier.

Consumers have multiple insurance companies to pick from, and although it’s a good thing to have a choice, having more auto insurance companies makes it harder to compare rates and cut insurance costs.

It’s a great practice to do price comparisons occasionally because rates are adjusted regularly by insurance companies. Even if you think you had the lowest rate on Honda Accord insurance in Riverside on your last policy other companies may now be cheaper. Forget all the misinformation about auto insurance because you’re going to get a crash course in one of the best ways to remove unneeded coverages and save money.

Finding the lowest cost insurance coverage in Riverside is not as difficult as people think. Basically, each driver who has to purchase insurance will more than likely get better rates. Although California drivers must learn how the larger insurance companies set your policy premium and apply this information to your search.

Earn discounts on Riverside car insurance

Not many people think insurance is cheap, but you may be missing some discounts that can dramatically reduce your bill. Some discounts will apply at quote time, but once in a while a discount must be specifically requested prior to getting the savings. If you’re not getting every credit you deserve, you are not getting the best rate possible.Car insurance discounts

A quick disclaimer, most discounts do not apply to the overall cost of the policy. The majority will only reduce the price of certain insurance coverages like comprehensive or collision. So even though they make it sound like all those discounts means the company will pay you, companies don’t profit that way. But any discount will lower the cost of your policy.

The information below compares Honda Accord insurance costs with and without discounts. The prices are based on a male driver, a clean driving record, no claims, California state minimum liability limits, comp and collision included, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, claim-free, safe-driver, multi-car, multi-policy, and marriage discounts applied.

If you would like to see a list of car insurance companies with discount car insurance rates in Riverside, follow this link.

When price shopping your coverage, comparing all the rates in your area increases the chance that you will find the best offered rates.

The providers in the list below can provide price comparisons in California. If the list has multiple companies, we suggest you get rates from several of them in order to get a fair rate comparison.

Honda Accord coverage statistics

The coverage table shown next highlights different prices for Honda Accord models. Being able to understand how car insurance prices are determined is important to be able to make smart choices when purchasing an auto insurance policy.

Honda Accord Insurance Rates in Riverside, CA
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Accord LX 4-Dr Sedan $276 $382 $492 $30 $148 $1,328 $111
Accord EX 4-Dr Sedan $276 $382 $492 $30 $148 $1,328 $111
Accord LX-P 4-Dr Sedan $276 $382 $492 $30 $148 $1,328 $111
Accord EX-L 4-Dr Sedan $316 $464 $492 $30 $148 $1,450 $121
Accord EX 2-Dr Coupe $316 $546 $654 $38 $196 $1,750 $146
Accord LX-S 2-Dr Coupe $316 $546 $654 $38 $196 $1,750 $146
Accord EX-L 2-Dr Coupe $358 $546 $654 $38 $196 $1,792 $149
Get Your Own Custom Quote Go

Price data assumes single male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and California minimum liability limits. Discounts applied include multi-vehicle, homeowner, multi-policy, claim-free, and safe-driver. Price estimates do not factor in your specific Riverside location which can increase or decrease insurance rates substantially.

Physical damage deductible comparison

One of the most common car insurance questions is which deductible level should you buy. The comparisons below outline how much more you’ll pay when you select higher and lower coverage deductibles. The first set of rates uses a $250 comprehensive and collision deductible and the second price grid uses a $500 deductible.

Honda Accord insurance rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Accord LX 4-Dr Sedan $298 $472 $376 $22 $112 $1,305 $109
Accord EX 4-Dr Sedan $298 $472 $376 $22 $112 $1,305 $109
Accord LX-P 4-Dr Sedan $298 $472 $376 $22 $112 $1,305 $109
Accord EX-L 4-Dr Sedan $342 $576 $376 $22 $112 $1,453 $121
Accord EX 2-Dr Coupe $342 $678 $500 $30 $150 $1,725 $144
Accord LX-S 2-Dr Coupe $342 $678 $500 $30 $150 $1,725 $144
Accord EX-L 2-Dr Coupe $386 $678 $500 $30 $150 $1,769 $147
Get Your Own Custom Quote Go

Honda Accord insurance rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Accord LX 4-Dr Sedan $242 $382 $376 $22 $112 $1,134 $95
Accord EX 4-Dr Sedan $242 $382 $376 $22 $112 $1,134 $95
Accord LX-P 4-Dr Sedan $242 $382 $376 $22 $112 $1,134 $95
Accord EX-L 4-Dr Sedan $278 $464 $376 $22 $112 $1,252 $104
Accord EX 2-Dr Coupe $278 $546 $500 $30 $150 $1,504 $125
Accord LX-S 2-Dr Coupe $278 $546 $500 $30 $150 $1,504 $125
Accord EX-L 2-Dr Coupe $314 $546 $500 $30 $150 $1,540 $128
Get Your Own Custom Quote Go

Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include homeowner, multi-vehicle, multi-policy, safe-driver, and claim-free. Rate quotes do not factor in specific garaging location which can decrease or increase price quotes greatly.

Based on these figures, using a $250 deductible costs approximately $16 more each month or $192 every year than quoting the higher $500 deductible. Due to the fact that you would have to pay $250 more out of your own pocket with a $500 deductible as compared to a $250 deductible, if you normally average at least 16 months between claims, you would come out ahead if you choose the higher deductible.

How to determine when to raise your deductibles

Average monthly premium for $250 deductibles: $126
Average monthly premium for $500 deductibles (subtract): – $110
Monthly savings from raising deductible: $16
Difference between deductibles ($500 – $250): $250
Divide difference by monthly savings: $250 / $16
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 16 months

An important thing to remember is that increasing deductibles to lower your rates results in a higher out-of-pocket expense when you file a claim. It will be required that you have access to more funds in the event you have to pay the deductible.

Cost of full coverage in Riverside

The example below illustrates the comparison of Honda Accord auto insurance rates with full physical damage coverage compared to only buying liability only. The premiums assume no claims or driving violations, $100 deductibles, drivers are single, and no discounts are taken into consideration.

When to drop full coverage

There is no definitive rule for dropping comp and collision coverage, but there is a general convention. If the yearly cost of full coverage is more than about 10% of the vehicle’s replacement cost less your deductible, then it might be time to buy liability only.

For example, let’s say your Honda Accord replacement value is $8,000 and you have $1,000 policy deductibles. If your vehicle is destroyed, the most your company would pay you is $7,000 after the deductible is paid. If you are currently paying more than $700 annually for full coverage, the it may be a good time to stop paying for full coverage.

There are a few cases where eliminating full coverage is not in your best interest. If you still owe money on your vehicle, you have to keep full coverage in order to prevent your loan from defaulting. Also, if your finances do not allow you to purchase a different vehicle if your current one is damaged, you should keep full coverage in place.

Will just any policy work for me?

Keep in mind that when it comes to choosing insurance from an agent or online for your vehicles, there is no best way to insure your cars. Everyone’s situation is unique.Drive safe and save

Here are some questions about coverages that may help you determine whether or not you may require specific advice.

If you don’t know the answers to these questions but you think they might apply to your situation, then you may want to think about talking to an agent. To find lower rates from a local agent, take a second and complete this form.

You may need advice from a local insurance agent

Many drivers just want to buy from a local agent and we recommend doing that A nice benefit of price shopping on the web is you may find better rates and still buy from a local agent. Buying insurance from local agents is important particularly in Riverside.

Riverside insurance agentsOnce you complete this short form, your insurance data is emailed to agents in your area who will give competitive quotes for your coverage. There is no reason to visit any agencies due to the fact that quote results will go directly to you. You can find lower rates and a licensed agent to talk to. If you have a need to get a rate quote from a particular provider, feel free to navigate to their website to submit a rate quote request.

Choose an insurance agent wisely

If you want to buy auto insurance from an insurance agent, it helps to know the two different agency structures and how they differ in how they quote coverages. Auto insurance agencies can either be independent (non-exclusive) or exclusive.

Independent Auto Insurance Agents (or Brokers)

Independent agents are normally appointed by many insurers so they can quote policies through lots of different companies and possibly get better coverage at lower prices. To transfer your coverage to a different company, the business is moved internally which makes it simple for you. When comparison shopping, it’s recommended you get quotes from at a minimum one independent agency in order to compare the most rates.

Below is a small list of independent insurance agents in Riverside that can give you free auto insurance rate quotes.

9824 Magnolia Ave aRiverside, CA 92503(951) 353-1200View Map

18791 Van Buren Boulevard Suite CRiverside, CA 92508(951) 780-4075View Map

1766 University Ave # 104Riverside, CA 92507(951) 682-1200View Map

More Riverside agents

Exclusive Insurance Agencies

Exclusive agencies can usually just insure with one company and examples are State Farm, Allstate and AAA. Exclusive agents cannot compare other company’s rates so it’s a take it or leave it situation. Exclusive insurance agents are highly trained in insurance sales which can be an advantage.

Below is a list of exclusive agents in Riverside who can help you get rate quotes.

6600 Jurupa Ave #202Riverside, CA 92504(951) 788-2005View Map

Enrique Martinez – State Farm Insurance Agent
9305 Magnolia AveRiverside, CA 92503(951) 351-2085View Map

10250 Indiana AveRiverside, CA 92503(951) 364-8020View Map

More Riverside agents

Deciding on an auto insurance agent requires you to look at more than just the premium amount. Here are some questions to ask:

If you feel you receive good feedback to any questions you may have as well as offering an affordable quote, you have narrowed it down to a car insurance agent that is reputable and can properly insure your vehicles. Keep in mind consumers can terminate coverage whenever you choose to so never assume that you are permanently stuck with a specific company with no way to switch.

Persistent drivers can save

Consumers change insurance companies for any number of reasons including high rates after DUI convictions, delays in responding to claim requests, questionable increases in premium or denial of a claim. No matter why you want to switch, finding a new auto insurance company is actually quite simple.

Cost effective Honda Accord insurance can be found both online and from local agencies, and you need to price shop both in order to have the best chance of saving money. There are still a few companies who don’t offer online rate quotes and these smaller providers work with independent agencies.

While you’re price shopping online, don’t be tempted to sacrifice coverage to reduce premiums. There are many occasions where consumers will sacrifice physical damage coverage and learned later that the few dollars in savings costed them thousands. Your aim should be to get the best coverage possible at a price you can afford while still protecting your assets.

How to find low-cost rates for Honda Accord insurance in Riverside

The most effective way to get low-cost Honda Accord insurance is to regularly compare prices from different companies who sell auto insurance in Riverside. Rates can be compared by following these guidelines.

  1. Learn about what is in your policy and the modifications you can make to prevent expensive coverage. Many rating factors that increase rates such as high-risk driving behaviors and an unacceptable credit history can be rectified by making minor changes to your lifestyle.
  2. Compare price quotes from exclusive agents, independent agents, and direct providers. Direct and exclusive agents can only provide price estimates from one company like GEICO or Farmers Insurance, while independent agencies can provide rate quotes for a wide range of companies.
  3. Compare the price quotes to your existing coverage and determine if there is any savings. If you can save some money, make sure there is no coverage gap between policies.
  4. Notify your current company of your intention to cancel your existing policy. Submit a down payment along with a completed application for the new policy. When you receive it, put the new certificate verifying coverage in an easily accessible location in your vehicle.

An important note is to try to use identical deductibles and limits on each quote request and and to look at every insurance company. This helps ensure a fair price comparison and the most accurate and complete price analysis.

Additional information can be found on the following sites: