Insurance quote for Honda Accord in Virginia BeachHas it been a year or more since you last compared quotes for low-cost car insurance rates in Virginia Beach, VA? Virginia Beach buyers have a choice when searching for the lowest priced Honda Accord insurance. They can either waste time struggling with agents to get rate comparisons or use the internet to compare rates. There are both good and bad ways to find car insurance online so we're going to tell you the best way to compare rates on a Honda and find the best price possible either online or from Virginia Beach insurance agents.

Statistics show that most car insurance customers kept buying from the same company for over three years, and almost half have never even shopped around for cheap coverage. Consumers in Virginia could save themselves as much as 45% a year just by comparing rates, but they don't want to take the time to compare rates online.

Smart Choices Result in Lower Insurance Prices

Many things are used when pricing auto insurance. Some factors are common sense such as your driving history, but others are more transparent such as your credit history or your commute time. Part of the insurance buying process is learning the rating factors that play a part in calculating the price you pay for insurance. When you understand what determines base rates, this enables you to make decisions that may result in lower insurance prices.

The items below are a partial list of the pieces utilized by car insurance companies to help set prices.

Cutting your Virginia Beach auto insurance rates doesn't have to be difficult. Drivers just need to spend a little time to compare rates provided by online insurance companies.

The auto insurance companies shown below offer free rate quotes in Virginia Beach, VA. If multiple providers are shown, we suggest you compare several of them in order to find the lowest rates.

Honda Accord Insurance Rates in Virginia Beach, VA
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Accord LX 4-Dr Sedan $136 $250 $284 $16 $86 $772 $64
Accord LX 4-Dr Sedan $220 $328 $286 $16 $86 $936 $78
Accord EX 4-Dr Sedan $148 $270 $230 $14 $68 $730 $61
Accord LX-P 4-Dr Sedan $110 $188 $210 $12 $62 $582 $49
Accord LX-P 4-Dr Sedan $82 $144 $206 $12 $62 $506 $42
Accord EX-L 4-Dr Sedan $192 $328 $224 $14 $66 $824 $69
Accord EX 2-Dr Coupe $140 $328 $328 $20 $98 $914 $76
Accord LX-S 2-Dr Coupe $190 $486 $328 $20 $98 $1,122 $94
Accord EX-L 2-Dr Coupe $140 $264 $274 $16 $82 $776 $65
Get Your Own Custom Quote Go

Data rating is based on married female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Virginia minimum liability limits. Discounts applied include claim-free, safe-driver, multi-vehicle, multi-policy, and homeowner. Premium amounts do not factor in specific zip code location which can decrease or increase premiums noticeably.

Rate comparison of males versus females in Virginia Beach

The example below illustrates the comparison of Honda Accord annual premium costs for male and female drivers. The information is based on no violations or accidents, comp and collision included, $1,000 deductibles, single marital status, and no discounts are applied to the premium.

Drive safe and save

The diagram below illustrates how speeding tickets and at-fault collisions raise Honda Accord insurance premiums for different age groups of insureds. The rate quotes are based on a married male driver, full physical damage coverage, $250 deductibles, and no policy discounts are applied.

Does full coverage make sense?

The illustration below examines Honda Accord yearly insurance costs with full coverage compared to only the Virginia minimum liability coverage. The rates are based on no violations or claims, $250 deductibles, married male driver, and no other discounts are factored in.

When to stop buying comprehensive and collision coverage

There is no exact formula of when to phase out full coverage on your policy, but there is a general convention. If the yearly cost of full coverage is more than about 10% of any settlement you would receive from your insurance company, then it might be time to consider dropping full coverage.

For example, let's say your Honda Accord book value is $3,000 and you have $1,000 deductibles. If your vehicle is damaged in an accident, the most you would get paid by your company is $2,000 after paying the physical damage deductible. If it's costing you more than $200 a year for full coverage, then it might be time to buy liability only.

There are some cases where removing full coverage is not a good idea. If you still owe a portion of the original loan, you are required to maintain full coverage as part of the loan requirements. Also, if your finances do not allow you to purchase a different vehicle if your current one is in an accident, you should keep full coverage on your policy.

Why you need insurance for your Honda vehicle

Even though it's not necessarily cheap to insure a Honda in Virginia Beach, insurance serves a purpose in several ways.

First, just about all states have mandatory insurance requirements which means the state requires a minimum amount of liability insurance coverage in order to drive the car. In Virginia these limits are 25/50/20 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $20,000 of property damage coverage.

Second, if your Accord has a loan, it's guaranteed your bank will require you to have full coverage to protect their interest in the vehicle. If you do not keep the policy in force, the bank or lender will purchase a policy for your Honda for a lot more money and force you to reimburse them the higher price.

Third, insurance protects both your car and your personal assets. It will also cover hospital and medical expenses for you, any passengers, and anyone injured in an accident. Liability coverage also pays expenses related to your legal defense if someone files suit against you as the result of an accident. If your Honda gets damaged, comprehensive and collision coverage will pay to have it repaired.

The benefits of carrying enough insurance greatly outweigh the cost, particularly if you ever have a claim. The average driver in Virginia is wasting up to $865 each year so you should quote your policy with other companies each time the policy renews to ensure rates are competitive.

Cut your car insurance rates with discounts

Companies that sell car insurance don't list all available discounts in an easy-to-find place, so we took the time to find some of the more common and also the more inconspicuous discounts you could be receiving when you buy Virginia Beach car insurance online.Discount car insurance

A quick disclaimer, most discounts do not apply to all coverage premiums. Most only cut the price of certain insurance coverages like liability and collision coverage. If you do the math and it seems like you can get free auto insurance, car insurance companies aren't that generous.

A list of companies and their offered discounts include:

If you need cheaper Virginia Beach car insurance quotes, ask each company which discounts can lower your rates. Some discounts might not apply in Virginia Beach. To see a list of insurance companies with the best discounts in Virginia, click here.

Buying auto insurance from Virginia Beach insurance agencies

Many drivers would prefer to sit down and talk to an agent and doing that can be a smart decision Good agents are highly skilled in risk management and give you someone to call. One of the best bonuses of getting online price quotes is that you can find cheaper prices and still buy from a local agent.

For easy comparison, once you complete this form (opens in new window), the quote information is emailed to local insurance agents in Virginia Beach who will give competitive quotes to get your business. There is no need to visit any agencies due to the fact that quote results will go instantly to you. In the event you want to get a rate quote from a specific insurance company, don't hesitate to visit that company's website to submit a rate quote request.

Deciding on an company requires more thought than just the quoted price. Any agent in Virginia Beach should be forthright in answering these questions:

Choose an insurance agent wisely

When finding a reliable insurance agency, there are two types of agencies from which to choose. Auto insurance agencies are either independent (non-exclusive) or exclusive. Either one can handle auto insurance, but it's worth learning how they are different since it can affect which agent you choose.

Exclusive Insurance Agents

Exclusive agents can only place business with one company such as AAA, Allstate, State Farm, or Farmers Insurance. They generally cannot provide rate quotes from other companies so you might not find the best rates. They receive a lot of sales training on the products they sell and that allows them to sell at a higher price point. A lot of people choose to use a exclusive agent mostly because of the brand legacy and strong financial ratings.

Below are exclusive insurance agencies in Virginia Beach who may provide you with comparison quotes.

View more Virginia Beach agents

Independent Agents

Independent agents are normally appointed by many insurers and that allows them to write policies through many companies and find the cheapest auto insurance rates. If you want to switch companies, your policy is moved internally and you don't have to do anything. When comparing rate quotes, you definitely need to get some free quotes from a couple of independent agencies for maximum quote selection. Most independent agents also contract with smaller regional carriers which may have better rates.

Listed below is a short list of independent insurance agents in Virginia Beach who can help you get comparison quotes.

View more Virginia Beach agents

In Summary

You just read many tips how you can lower your Honda Accord insurance prices in Virginia Beach. It's most important to understand that the more rate quotes you have, the higher the chance of saving money. Drivers may even discover the biggest savings come from some of the smallest insurance companies.

Some companies may not provide the ability to get quotes online and these regional carriers work with independent insurance agents. Budget-conscious Honda Accord insurance can be purchased online in addition to many Virginia Beach insurance agents, so you should compare both to have the best rate selection.

People change insurance companies for many reasons like an unsatisfactory settlement offer, extreme rates for teen drivers, being labeled a high risk driver or not issuing a premium refund. No matter why you want to switch, finding a new company can be pretty painless.

More information is available on the following sites: