I just bought a Honda Accord and I need to get it insured soon, how do I get a good deal on car insurance for my new car?

Julia

Silver Spring, MD

Good question. Getting a good deal for your new car is not as hard as you might initially think. And you wouldn’t have to spend hours on the phone or have to hire a broker just to get the best deals. Listed below are six tips to not only help you find the most competitive car insurance rates, but to also locate a reliable insurer for you:

1. Use Car Insurance Comparison Portals – These websites allow you to run free and instant car insurance quote checks so you can see the latest rates coming from many different insurers. This is a great way to maximize your chances of finding the best deals in the market.

2. Visit Independent Rating Agency Websites – Pick the best car insurers. This can be done by knowing which car insurance companies have the best-overall scores from independent rating agencies like A.M. Best, Moodys, and J.D. Power.

3. Choose Your Coverage Carefully – Get a policy that suits your needs and circumstances. If you drive an old/cheap vehicle then consider a lower comprehensive coverage. Have reliable health insurance? Then Personal Injury Protection might not be as essential anymore. Study your policy well and remove redundant coverage items.

4. Don’t be Afraid of a Higher Deductible – Bigger deductible, cheaper premiums. Just don’t raise it too much so you can still file a claim when absolutely necessary.

5. Get an Annual Payment Plan – Paying your coverage a year in full can save you more money in the long run compared to paying monthly. Insurers typically reduce rates or give discounts for those who pay a year upfront.

6. Know Your Discounts – Some examples of discount includes: defensive driver discounts, good student, low-mileage, multi-policy and safe car discounts. Discounts are an easy way to lower your car insurance bills. Always ask your insurer about discount options.

I wanna have the best deal for my Honda insurance here in New Mexico and I wonder if it would be easy to get that. How do I find cheap Honda insurance when everything seems to be going up?

Brad

Santa Fe, NM

Getting cheap Honda insurance could eat up a lot of your time because there are a lot of motorcycle insurance companies in the market that would like to get your business. But there are excellent deals that you could get for your Honda insurance. It could only be the unlimited number of insurance quotes that will make you confuse. But through the dawn of a lot of comparison quotes websites, the search for Honda insurance has been so much simple. With just a little of your time, you are capable of getting cheap Honda insurance in New Mexico.

Because of the coming of competition in the Internet, cheap price for Honda insurance has been made possible. You could have discounts if you sign up for your Honda insurance online, making the cost of your coverage to be even cheaper. A number of insurance companies could offer as much as 15% discount on your Honda insurance if you buy your policy online. Comparison quotes websites could be so much helpful because every insurance company could be browsed in a single place which provides you the likelihood of having fewer problems when making comparisons between the advantages and disadvantages of several insurance quotes. A lot of insurers also give out bonus to new clients which would make the premiums cheap for your Honda insurance.

I recently acquired a financed Honda. What is the best way to get reasonable rates on my Honda insurance?

Kathy

Oklahoma City, OK

Although the residents in Oklahoma only paid $678 for their car insurance premium in 2006, rates have drastically increased since then. And with the economic crunch affecting everyone, consumers scramble to get the most reasonably priced goods and services. And this is true with car insurance since it is one expense that our government requires us to shoulder every single year.

Since your Honda is under lien, then you will definitely be required to get the Comprehensive Insurance by your financing company. This is because they will need a guarantee that the car’s value will still be paid in cases where it gets stolen or totally ruined after an accident and is still not completely paid for. Although newer cars get to be assessed with high rates, you should be able to save on Comprehensive Insurance as newer vehicle models definitely have been equipped with safety features. You should also consider getting higher deductibles on this coverage so that your Honda insurance premiums will be lowered. To be assured of cheap Honda insurance, do some comparison shopping, so that you get to know how you will be assessed by car insurance companies. Make sure to get quotes on the minimum car insurance requirements. However, you should highly consider getting higher coverage limits.