How many times have you said it's time to compare low-cost Honda Accord insurance in Fort Wayne? When trying to find lower-priced insurance, do you get frustrated by the dozens of insurance providers that you can choose from? Vehicle owners have such a vast assortment of providers available that it is a ton of work to find the perfect company for you. If you live there, you know that Fort Wayne has many things to offer, but expensive insurance premiums makes it very hard to buy full coverage.
Remarkably, a study showed that the vast majority of consumers have purchased from the same company for four years or more, and almost half have never compared insurance rates at all. Many consumers in Fort Wayne could save up to $700 a year, but they feel it's too difficult to compare rates and save money.
You should make it a habit to quote other rates periodically because insurance prices are rarely the same from one policy term to another. Just because you had the best rates on Honda Accord insurance in Fort Wayne at your last renewal the chances are good that you can find a lower premium rate today. Ignore everything you know about insurance because I'm going to teach you the things you must know in order to reduce your cost while increasing coverage.
If you have insurance now, you will be able to get lower rates using the following tips. This article's goal is to familiarize you with how car insurance quotes work and also pocket some savings But Indiana consumers do need to understand the way companies sell online and use this information to your advantage.
Most of the larger companies such as Progressive, GEICO, Allstate and State Farm provide pricing on the web. Getting online rates for Honda Accord insurance in Fort Wayne is fairly simple because you just enter your coverage preferences on the page. Upon sending the form, their system automatically retrieves reports for credit and driving violations and returns a price quote based on many factors.
Using the web to get quotes for Honda Accord insurance in Fort Wayne simplifies rate comparisons, and it is important to have as many quotes as possible in order to find a better rate.
In order to find out what other companies charge, compare rates from the companies below. If you have your current policy handy, we recommend you duplicate coverages and limits exactly as they are listed on your policy. This ensures you will have a price comparison for the exact same coverage.
The companies in the list below are our best choices to provide free rate quotes in Indiana. If multiple companies are listed, we recommend you visit as many as you can to get the best price comparison.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Accord LX 4-Dr Sedan||$148||$274||$310||$18||$92||$842||$70|
|Accord LX 4-Dr Sedan||$182||$352||$270||$16||$80||$900||$75|
|Accord EX 4-Dr Sedan||$92||$160||$230||$14||$68||$564||$47|
|Accord LX-P 4-Dr Sedan||$210||$358||$238||$14||$72||$892||$74|
|Accord LX-P 4-Dr Sedan||$114||$186||$244||$14||$72||$630||$53|
|Accord EX-L 4-Dr Sedan||$116||$236||$270||$16||$80||$718||$60|
|Accord EX 2-Dr Coupe||$152||$358||$358||$22||$108||$998||$83|
|Accord LX-S 2-Dr Coupe||$268||$632||$428||$26||$128||$1,482||$124|
|Accord EX-L 2-Dr Coupe||$226||$348||$416||$24||$124||$1,138||$95|
|Get Your Own Custom Quote Go|
Data rating is based on single male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Indiana minimum liability limits. Discounts applied include homeowner, multi-policy, claim-free, safe-driver, and multi-vehicle. Price information does not factor in specific zip code location which can raise or lower prices substantially.
Where to set your deductibles
The diagram below shows how choosing a deductible and can raise or lower Honda Accord yearly insurance costs for different insured age categories. Data assumes a married male driver, comprehensive and collision coverage, and no discounts are taken into consideration.
Rate comparison of full coverage and liability-only
The information below shows the difference between Honda Accord insurance costs with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The data is based on no tickets, no at-fault accidents, $100 deductibles, married female driver, and no other discounts are factored in.
When to drop comprehensive and collision coverage
There is no set guideline to stop buying comp and collision coverage, but there is a general school of thought. If the annual cost of coverage is more than 10% of the vehicle's replacement cost less your deductible, then it's probably a good time to buy liability coverage only.
For example, let's assume your Honda Accord replacement value is $3,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled, the most you would receive is $2,000 after paying your policy deductible. If premium cost is more than $200 a year for full coverage, then you may want to consider only buying liability coverage.
There are some cases where eliminating full coverage is not in your best interest. If you still have a lienholder on your title, you have to carry full coverage as part of the loan conditions. Also, if your savings is not enough to buy a different vehicle in the even your car is totaled, you should not drop full coverage.
Lower-cost Honda Accord insurance quotes in Fort Wayne
Some insurance providers do not advertise their entire list of discounts very clearly, so the next list breaks down both well-publicized and the more hidden insurance savings.
- Defensive Driver Discounts - Taking time to complete a driver safety course could save 5% or more if your company offers it.
- Full Payment Discount - If you can afford to pay the entire bill instead of making monthly payments you can actually save on your bill.
- Fewer Miles Equal More Savings - Low mileage vehicles may allow you to get slightly better rates than normal.
- Cautious Driver Discounts - Insureds who avoid accidents can get discounts for up to 45% lower rates compared to rates paid by drivers with frequent claims.
- Paperwork-free - Some of the larger companies give back up to $50 for buying a policy and signing up on the web.
Please keep in mind that some credits don't apply to all coverage premiums. Most cut the price of certain insurance coverages like liability, collision or medical payments. So even though it sounds like you could get a free insurance policy, it doesn't quite work that way. Any qualifying discounts should help reduce your overall bill.
Some of the larger companies that possibly offer these benefits include:
When getting free Fort Wayne auto insurance quotes, it's a good idea to every company what discounts are available to you. All car insurance discounts might not be offered on policies in Fort Wayne. For a list of insurance companies that provide some of the discounts listed above in Fort Wayne, follow this link.
Buying the right Accord insurance in Indiana is an important decision
Even though it can be expensive, paying for insurance is required by state law in Indiana and it also provides benefits you may not be aware of.
- The majority of states have mandatory liability insurance requirements which means you are required to buy a specific level of liability coverage if you don't want to risk a ticket. In Indiana these limits are 25/50/10 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
- If your Honda has a lienholder, most banks will force you to have physical damage coverage to protect their interest in the vehicle. If the policy lapses, the bank may buy a policy for your Honda at a much higher premium rate and make you pay the higher premium.
- Insurance safeguards not only your car but also your assets. It will also cover medical expenses that are the result of an accident. Liability insurance, one of your policy coverages, also covers legal expenses if you are sued as the result of your driving. If damage is caused by hail or an accident, your policy will pay all costs to repair after the deductible has been paid.
The benefits of carrying enough insurance more than offset the price you pay, particularly when you have a large claim. But the average American driver overpays as much as $855 a year so it's recommended you shop around once a year at a minimum to help ensure money is not being wasted.
Compare rate quotes but buy from a local neighborhood Fort Wayne car insurance agent
A small number of people prefer to go talk to an agent and that is recommended in a lot of cases One of the benefits of getting free rate quotes online is the fact that you can find lower rates and also buy local.
After completing this simple form, the quote information is instantly submitted to local insurance agents in Fort Wayne that provide free Fort Wayne auto insurance quotes for your coverage. It's much easier because you don't need to find an agent as quotes are delivered to the email address you provide. You can find better rates without a big time investment. If for some reason you want to get a price quote from a specific insurance provider, don't hesitate to jump over to their website and give them your coverage information.
Deciding on an company should depend on more than just the premium amount. Any agent in Fort Wayne should be willing to answer these questions.
- Can they give you a list of client referrals?
- Will they take your side in the event of a claim?
- Do they see any coverage gaps in your plan?
- Where would glass claims be handled in Fort Wayne?
- Do you need full coverage on every vehicle?
The different types of car insurance agents
When looking for a reliable agent, you must know there are a couple types of agencies to choose from. Agents in Fort Wayne can be categorized as either independent agents or exclusive agents.
These type of agents can only quote rates from one company like AAA, Allstate, State Farm, or Farmers Insurance. Exclusive agencies are unable to place coverage with different providers so if the price isn't competitive there isn't much they can do. They are well schooled on their company's products which helps offset the inability to provide other markets. Consumers sometimes use the same exclusive agent partially due to high brand loyalty instead of buying on price only.
The following is a list of exclusive insurance agents in Fort Wayne who may provide you with comparison quotes.
- American Family Insurance - Tara Witham
4011 W Jefferson Blvd #175 - Fort Wayne, IN 46804 - (260) 434-4440 - View Map
- John Carr - State Farm Insurance Agent
1018 E Dupont Rd - Fort Wayne, IN 46825 - (260) 489-3838 - View Map
- Shawn Corbett - State Farm Insurance Agent
6061 N Clinton St - Fort Wayne, IN 46825 - (260) 484-6199 - View Map
Independent Insurance Agents
Agents of this type are not employed by one company and that is an advantage because they can write policies with lots of companies and find you cheaper rates. To transfer your coverage to a different company, they simply move the coverage in-house which makes it simple for you.
If you are comparing insurance prices, you definitely need to get quotes from at a minimum one independent agency to maximize your price options. Many can place coverage with different regional companies that may provide cheaper insurance rates.
Below are independent agents in Fort Wayne that are able to give price quote information.
- Hylant Group
6714 Pointe Inverness Way #100 - Fort Wayne, IN 46804 - (260) 969-3900 - View Map
- Masters Insurance Fort Wayne Indiana
4324 Flagstaff Cove - Fort Wayne, IN 46815 - (260) 702-0945 - View Map
- Mathews Insurance Agency, Inc.
807 Lincoln Hwy W - New Haven, IN 46774 - (260) 749-9696 - View Map