Honda Accord Insurance Rates in Kansas City

To save the most money, the best way to find low-cost Honda Accord insurance is to start comparing rates regularly from providers in Kansas City.

First, get a basic knowledge of how companies set rates and the things you can change to keep rates down. Many risk factors that are responsible for high rates such as your driving record and poor credit rating can be improved by making minor changes to your lifestyle.

Second, request price quotes from independent agents, exclusive agents, and direct companies. Exclusive and direct companies can only give rate quotes from a single company like Progressive or Farmers Insurance, while independent agents can quote prices from many different companies.

Third, compare the price quotes to your existing coverage to see if switching to a new carrier will save money. If you find better rates and switch companies, verify that coverage does not lapse between policies.

The most important part of shopping around is to try to compare similar coverage information on every quote and and to analyze as many different insurance providers as possible. This enables an apples-to-apples comparison and a thorough price selection.

A recent NerdWallet.com study revealed that the vast majority of drivers renewed their policy with the same company for four years or more, and roughly 40% of drivers have never compared quotes from other companies. Consumers in the United States could pocket up to $860 a year just by comparing rates, but they just assume it takes a lot of time to do a rate comparison.

Companies offering Honda Accord insurance in Missouri

The companies in the list below provide price quotes in Missouri. To locate the cheapest auto insurance in Kansas City, it’s highly recommended you visit several of them to get the best price comparison.

Honda Accord coverage analysis

The rate table displayed next highlights detailed analysis of insurance rates for Honda Accord models. Being more informed about how insurance prices are calculated is important for drivers to make smart buying decisions.

Premium data assumes married male driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Missouri minimum liability limits. Discounts applied include multi-vehicle, homeowner, multi-policy, claim-free, and safe-driver. Price estimates do not factor in specific garaging location which can raise or lower premiums substantially.

Rate comparison for different deductibles

One of the more difficult decisions when buying car insurance is which deductible level should you buy. The following insurance rates illustrate the rate difference between low and high policy deductibles. The first set of rates uses a $250 physical damage coverage deductible and the second set of prices uses a $1,000 deductible.

Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Missouri minimum liability limits. Discounts applied include safe-driver, multi-vehicle, multi-policy, claim-free, and homeowner. Price information does not factor in vehicle location which can modify price quotes considerably.

Based on the figures above, using a $250 deductible will cost you approximately $19 more each month or $228 each year than buying the higher $1,000 deductible. Since you would pay $750 more out-of-pocket with a $1,000 deductible as compared to a $250 deductible, if you tend to go at least 39 months between claims, you would most likely save money going with the higher deductible.

Cost of full coverage

The diagram below illustrates the comparison of Honda Accord auto insurance rates with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The data assumes a clean driving record, no claims, $250 deductibles, single marital status, and no discounts are taken into consideration.

Should you buy full coverage or liability only?

There is no exact rule to stop paying for comprehensive and collision coverage on your policy, but there is a broad guideline. If the annual cost of comprehensive and collision coverage is about 10% or more of the replacement cost of your vehicle minus the policy deductible, then you may need to consider dropping full coverage.

For example, let’s pretend your Honda Accord settlement value is $7,000 and you have $1,000 deductibles. If your vehicle is totaled, the most you would get paid by your company is $6,000 after the deductible is paid. If it’s costing you more than $600 a year for comprehensive and collision coverage, then you might want to think about dropping full coverage.

There are some circumstances where dropping full coverage is not in your best interest. If you have an outstanding loan on your vehicle, you are required to maintain full coverage as part of the loan conditions. Also, if you can’t afford to buy a different vehicle in the event your current vehicle is totaled, you should keep full coverage.

Kansas City auto insurance discounts

Some insurance providers don’t always advertise every discount available very well, so we researched a few of the more well known and the more hidden discounts that may be available.

• Anti-theft System – Cars, trucks, and SUVs equipped with anti-theft or alarm systems are stolen less frequently and qualify for as much as a 10% discount.
• Home Ownership Discount – Being a homeowner can help you save on auto insurance because it requires a higher level of personal finance.
• Student Driver Training – Cut your cost by having your teen driver enroll in driver’s education as it can save substantially.
• Fewer Miles Equal More Savings – Maintaining low annual mileage may allow you to get substantially lower premium rates.
• Anti-lock Brake Discount – Cars, trucks, and SUVs with ABS and/or traction control are much safer to drive and earn discounts up to 10%.

A quick disclaimer, most credits do not apply to the overall cost of the policy. Most only reduce individual premiums such as liability and collision coverage. Despite the appearance that all those discounts means the company will pay you, companies wouldn’t make money that way.

The example below visualizes the comparison of Honda Accord yearly insurance costs with and without policy discounts. Data assumes a male driver, a clean driving record, no claims, Missouri state minimum liability limits, comprehensive and collision coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, safe-driver, marriage, claim-free, homeowner, and multi-car discounts applied.

Larger auto insurance companies and a partial list of their discounts can be read below.

• 21st Century offers discounts including anti-lock brakes, defensive driver, good student, 55 and older, student driver, early bird, and driver training.
• State Farm policyholders can earn discounts including Drive Safe & Save, multiple autos, defensive driving training, accident-free, good student, student away at school, and safe vehicle.
• AAA may have discounts that include good student, anti-theft, multi-car, AAA membership discount, multi-policy, good driver, and pay-in-full.
• Liberty Mutual has discounts for exclusive group savings, multi-car, newly retired, multi-policy, preferred payment discount, teen driver discount, and newly married.
• Progressive has savings for multi-vehicle, homeowner, multi-policy, good student, and continuous coverage.

When quoting, ask all companies you are considering what discounts are available to you. Some credits might not be offered on policies in Kansas City.

Situations that may require an agent’s advice

When quoting and choosing the right insurance coverage for your personal vehicles, there really isn’t a perfect coverage plan. Everyone’s needs are different and a cookie cutter policy won’t apply.
Here are some questions about coverages that can help discover whether or not you would benefit from professional advice.

• Can I afford low physical damage deductibles?
• Can I afford to pay high deductible claims out of pocket?
• How much can I save by bundling my policies?
• When should I remove my kid from my policy?
• Can I still get insurance after a DUI?
• Why am I required to buy high-risk coverage?
• Is my cargo covered for damage or theft?
• Does low annual mileage earn a discount?
• Am I covered by my spouse’s policy after a separation?
• Should I put collision coverage on all my vehicles?

If you don’t know the answers to these questions but you think they might apply to your situation, you may need to chat with a licensed insurance agent. To find lower rates from a local agent, complete this form or you can go here for a list of companies in your area.

Insurance agent or online?

A lot of people still like to have an agent’s advice and that is just fine! The best thing about comparing insurance prices online is the fact that drivers can get cheap rate quotes and still have a local agent.

Upon completion of this quick form, the quote information is immediately sent to local insurance agents who can give free rate quotes to get your business. There is no need to contact any agents due to the fact that quote results will go to you. You can find lower rates and a licensed agent to talk to. In the event you want to compare prices from a specific company, you would need to search and find their rate quote page and give them your coverage information.

Selecting a insurer should depend on more than just a low price. These are some questions you should get answers to.

• Do they specialize in personal lines auto insurance in Kansas City?
• Do they get extra compensation for selling add-on coverages?
• Did they already check your driving record and credit reports?
• Do you have coverage for a rental car if your vehicle is in the repair shop?
• Can you contact them at any time?
• Which insurance company do they prefer to write with?

If you are searching for a good insurance agency, it’s important to understand the types of insurance agents and how they are distinctly different. Insurance agents in Kansas City are categorized either exclusive or independent (non-exclusive).

Exclusive Agencies

Exclusive agencies can only provide one company’s prices and examples are Farmers Insurance, Allstate, or State Farm. Exclusive agents cannot provide rate quotes from other companies so they really need to provide good service. They are usually well trained in insurance sales which helps overcome the inability to quote other rates.

The following are exclusive insurance agencies in Kansas City who can help you get rate quotes.

View more Kansas City agents

Independent Agencies or Brokers

These agents are not required to write business for one company so they can quote policies with multiple insurance companies and find you cheaper rates. If they quote lower rates, an independent agent can move your coverage and the insured can keep the same agent.

If you need lower rates, it’s a good idea to include several independent agencies in order to have the best price comparison.

Listed below are Kansas City independent agents that can give you price quotes.

View more Kansas City agents

Specific coverages for a Honda Accord

Learning about specific coverages of your insurance policy can be of help when determining appropriate coverage for your vehicles. The coverage terms in a policy can be impossible to understand and even agents have difficulty translating policy wording. Listed below are the normal coverages offered by insurance companies.

Medical payments coverage and PIP

Medical payments and Personal Injury Protection insurance pay for immediate expenses for things like funeral costs, pain medications, prosthetic devices and hospital visits. They are used in conjunction with a health insurance program or if you are not covered by health insurance. Coverage applies to not only the driver but also the vehicle occupants in addition to any family member struck as a pedestrian. PIP coverage is only offered in select states and may carry a deductible

Liability

Liability coverage provides protection from damage or injury you incur to people or other property that is your fault. Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have limits of 25/50/10 which stand for a $25,000 limit per person for injuries, a per accident bodily injury limit of $50,000, and property damage coverage for $10,000.

Liability insurance covers claims like court costs, attorney fees, bail bonds, legal defense fees and repair costs for stationary objects. The amount of liability coverage you purchase is up to you, but you should buy as high a limit as you can afford. Missouri state minimum liability requirements are 25/50/10 but it’s recommended drivers buy better liability coverage.

The illustration below shows why buying minimum limits may not be adequate coverage.

Coverage for collisions

This will pay to fix damage to your Accord resulting from a collision with a stationary object or other vehicle. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers things such as backing into a parked car, hitting a parking meter and colliding with a tree. Collision is rather expensive coverage, so consider removing coverage from older vehicles. Another option is to raise the deductible on your Accord to save money on collision insurance.

Uninsured/Underinsured Motorist coverage

Uninsured or Underinsured Motorist coverage provides protection when the “other guys” either have no liability insurance or not enough. It can pay for injuries to you and your family as well as damage to your Honda Accord.

Because many people carry very low liability coverage limits (Missouri limits are 25/50/10), their liability coverage can quickly be exhausted. So UM/UIM coverage should not be overlooked.

Comprehensive coverage

Comprehensive insurance will pay to fix damage OTHER than collision with another vehicle or object. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims such as theft, falling objects and fire damage. The maximum amount you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

How much can you save?

In this article, we covered many ideas to shop for Honda Accord insurance online. The most important thing to understand is the more times you quote, the better your comparison will be. Consumers may even find the lowest priced auto insurance comes from some of the lesser-known companies. Some small companies may often insure only within specific states and give better rates than their larger competitors like State Farm, GEICO and Nationwide.

As you quote Kansas City auto insurance, never reduce needed coverages to save money. In too many instances, someone dropped liability coverage limits to discover at claim time that the savings was not a smart move. The aim is to purchase plenty of coverage at the lowest possible cost.

Additional detailed information is located by following these links:

• How Can I Save Money on Auto Insurance? (Insurance Information Institute)
• Who Has Affordable Car Insurance Rates for Drivers with Accidents in Kansas City? (FAQ)
• How Much is Auto Insurance for a Ford F-150 in Kansas City? (FAQ)
• What is the Best Auto Insurance in Kansas City, Missouri? (FAQ)
• What Insurance is Cheapest for Drivers with a Bad Driving Record in Kansas City? (FAQ)
• Drunk Driving Statistics (Insurance Information Institute)
• Self-driving cars won’t replace humans (Insurance Institute for Highway Safety)
• How to Avoid Buying a Flooded Car (Insurance Information Institute)