Are you searching for lower-priced insurance rates in Jersey City, NJ? Jersey City buyers have lots of choices when searching for affordable Honda Accord insurance. They can either waste time contacting agents to compare prices or save time using the internet to get rate quotes. There is a right way and a wrong way to find insurance online so we’re going to tell you the quickest way to price shop coverage for a Honda and locate the best price possible.
Honda Accord insurance quotes comparison
Most major insurance companies make it easy to get price estimates on their websites. Comparing Honda Accord insurance rates online is easy for anyone as all you need to do is type in your personal and coverage information as requested by the quote form. Once you submit the form, their quoting system automatically retrieves credit information and your driving record and returns a price based on the information you submitted.
Being able to quote online for Honda Accord insurance in Jersey City makes it a lot easier to compare rates and it is important to perform this step if you are searching for cheap rates.
To quickly find out how much you’re overpaying now, check out the car insurance providers below. If you have your current policy handy, we recommend that you enter the insurance coverages identical to your current policy. This guarantees you will receive comparison quotes for similar insurance coverage.
The companies shown below can provide comparison quotes in New Jersey. To find the cheapest auto insurance in New Jersey, it’s highly recommended you compare several of them to get the best price comparison.
Don’t overlook these five Honda Accord insurance discounts
Auto insurance companies don’t always advertise every possible discount in a way that’s easy to find, so we researched both the well known and also the lesser-known auto insurance savings. If you do not double check each discount you deserve, you are just wasting money.
- Drive Less and Save – Maintaining low annual mileage may enable drivers to earn better rates on cars that stay parked.
- Multi-Vehicle Discounts – Purchasing coverage when you have all your vehicles on one policy can get a discount on all vehicles.
- ABS and Traction Control Discounts – Cars equipped with ABS or steering control prevent accidents and will save you 10% or more on Accord insurance in Jersey City.
- Life Insurance Discount – If the company offers life insurance, you could get a small discount if you purchase a life insurance policy as well.
- Paperless Signup – Some companies provide a small discount get Jersey City auto insurance over the internet.
One thing to note about discounts is that most discounts do not apply to all coverage premiums. The majority will only reduce the price of certain insurance coverages like comp or med pay. Just because you may think you would end up receiving a 100% discount, company stockholders wouldn’t be very happy.
The chart below shows the comparison of Honda Accord yearly insurance costs with and without discounts applied. The premium estimates are based on a female driver, no accidents or driving violations, New Jersey 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 multi-policy, safe-driver, claim-free, marriage, homeowner, and multi-car discounts applied.
The best auto insurance companies and their offered discounts are included below.
- Esurance discounts include anti-lock brakes, claim free, safety device, paid-in-full, and Pac-12 alumni.
- The Hartford offers discounts including vehicle fuel type, driver training, good student, air bag, defensive driver, bundle, and anti-theft.
- AAA offers discounts for good student, anti-theft, multi-policy, education and occupation, multi-car, and AAA membership discount.
- GEICO may have discounts that include defensive driver, five-year accident-free, driver training, military active duty, anti-lock brakes, and daytime running lights.
- State Farm policyholders can earn discounts including safe vehicle, multiple policy, accident-free, good driver, passive restraint, good student, and Steer Clear safe driver discount.
Before purchasing a policy, check with all companies you are considering which discounts you may be entitled to. Some discounts may not apply to policyholders in your area. To see a list of companies who offer online Honda Accord insurance quotes in New Jersey, click here.
Coverage statistics and figures
The coverage information shown next outlines estimates of policy rates for Honda Accord models. Learning as much as possible about how insurance prices are formulated is important for making decisions on the best policy to buy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Accord LX 4-Dr Sedan | $318 | $592 | $494 | $30 | $148 | $1,582 | $132 |
| Accord EX 4-Dr Sedan | $318 | $592 | $494 | $30 | $148 | $1,582 | $132 |
| Accord LX-P 4-Dr Sedan | $318 | $592 | $494 | $30 | $148 | $1,582 | $132 |
| Accord EX-L 4-Dr Sedan | $364 | $720 | $494 | $30 | $148 | $1,756 | $146 |
| Accord EX 2-Dr Coupe | $364 | $848 | $658 | $38 | $196 | $2,104 | $175 |
| Accord LX-S 2-Dr Coupe | $364 | $848 | $658 | $38 | $196 | $2,104 | $175 |
| Accord EX-L 2-Dr Coupe | $410 | $848 | $658 | $38 | $196 | $2,150 | $179 |
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Price data assumes single male driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and New Jersey minimum liability limits. Discounts applied include homeowner, multi-policy, multi-vehicle, claim-free, and safe-driver. Rate quotes do not factor in your specific Jersey City location which can increase or decrease premium rates greatly.
Safe drivers pay less for insurance
The chart below highlights how speeding tickets and accident claims can drive up Honda Accord car insurance costs for each age group. The prices are based on a single female driver, comp and collision included, $1,000 deductibles, and no discounts are applied to the premium.
Men versus women drivers and insurance cost
The chart below compares Honda Accord auto insurance rates for male and female drivers. The premiums assume no claims, a clean driving record, comp and collision included, $500 deductibles, single marital status, and no policy discounts are applied.
Rate comparison of full coverage and liability-only
The information below shows the comparison of Honda Accord car insurance rates with full physical damage coverage compared to only buying liability only. The premiums assume no accidents, no driving violations, $500 deductibles, drivers are single, and no policy discounts are applied.
Deciding between full coverage and liability only
There is no exact formula to stop buying comprehensive and collision coverage on your policy, but there is a general school of thought. If the yearly cost of full coverage is more than 10% of the settlement you would receive from your company, then it might be time to buy liability only.
For example, let’s say your Honda Accord book value is $3,000 and you have $1,000 full coverage deductibles. If your vehicle is severely damaged, the most you would receive is $2,000 after the deductible is paid. If you are paying over $200 annually for full coverage, then you may need to consider dropping full coverage.
There are a few situations where buying only liability insurance is not financially feasible. If you haven’t paid off your loan, you are required to maintain full coverage in order to prevent your loan from defaulting. Also, if you can’t afford to buy a different vehicle if your current one is totaled, you should not drop full coverage.