Discount Honda Accord insuranceFinding the cheapest insurance for a new or used Honda Accord in Nevada could be a painful process, but you can learn a few tricks and make it easy. There are both good and bad ways to shop for car insurance and we'll show you the quickest way to price shop coverage for a new or used Honda and locate the lowest price either online or from Reno insurance agents.

You should take the time to price shop coverage every six months because prices go up and down regularly. Even if you think you had the best deal on Honda Accord insurance in Reno a few years ago you will most likely find a better rate quote today. Forget all the misinformation about car insurance because you're about to learn the fastest way to get good coverage on Honda Accord insurance in Reno at a lower rate.

If you are already insured or just want a better rate, you can follow these tips to reduce premiums and possibly find even better coverage. Pricing affordable auto insurance coverage in Reno is quite easy. Consumers just need to understand the most effective way to quote multiple rates on the web.

Compare Reno Honda Accord insurance quotes online

Cutting your Reno car insurance rates is a fairly straight forward process. All that's required is to take time to compare rates to discover which company has cheaper Reno car insurance quotes.

The following companies can provide price quotes in Reno, NV. If more than one company is shown, we recommend you visit several of them in order to find the most affordable rates.

Honda Accord Insurance Rate Estimates in Reno, NV
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Accord LX 4-Dr Sedan $224 $386 $268 $16 $80 $974 $81
Accord LX 4-Dr Sedan $124 $234 $340 $20 $102 $820 $68
Accord EX 4-Dr Sedan $188 $328 $354 $20 $106 $996 $83
Accord LX-P 4-Dr Sedan $192 $266 $344 $20 $102 $924 $77
Accord LX-P 4-Dr Sedan $198 $386 $276 $16 $82 $958 $80
Accord EX-L 4-Dr Sedan $166 $334 $296 $18 $88 $902 $75
Accord EX 2-Dr Coupe $176 $350 $358 $22 $108 $1,014 $85
Accord LX-S 2-Dr Coupe $148 $298 $348 $20 $104 $918 $77
Accord EX-L 2-Dr Coupe $188 $374 $394 $24 $118 $1,098 $92
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Data based on single female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Nevada minimum liability limits. Discounts applied include safe-driver, claim-free, homeowner, multi-policy, and multi-vehicle. Table data does not factor in specific Reno garaging location which can modify insurance rates greatly.

An analysis of deductible level

When buying auto insurance, a common question is at what level do you set your deductibles. The data tables below approximate the differences in price when you select higher and lower comp and collision deductibles. The first set of rates uses a $250 comprehensive and collision deductible and the second data table uses a $500 deductible.

Honda Accord insurance prices with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Accord LX 4-Dr Sedan $208 $330 $262 $16 $78 $919 $77
Accord LX 4-Dr Sedan $208 $330 $262 $16 $78 $919 $77
Accord EX 4-Dr Sedan $208 $330 $262 $16 $78 $919 $77
Accord LX-P 4-Dr Sedan $208 $330 $262 $16 $78 $919 $77
Accord LX-P 4-Dr Sedan $208 $330 $262 $16 $78 $919 $77
Accord EX-L 4-Dr Sedan $238 $402 $262 $16 $78 $1,021 $85
Accord EX 2-Dr Coupe $238 $472 $348 $20 $104 $1,207 $101
Accord LX-S 2-Dr Coupe $238 $472 $348 $20 $104 $1,207 $101
Accord EX-L 2-Dr Coupe $268 $472 $348 $20 $104 $1,237 $103
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Honda Accord insurance prices with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Accord LX 4-Dr Sedan $168 $266 $262 $16 $78 $790 $66
Accord LX 4-Dr Sedan $168 $266 $262 $16 $78 $790 $66
Accord EX 4-Dr Sedan $168 $266 $262 $16 $78 $790 $66
Accord LX-P 4-Dr Sedan $168 $266 $262 $16 $78 $790 $66
Accord LX-P 4-Dr Sedan $168 $266 $262 $16 $78 $790 $66
Accord EX-L 4-Dr Sedan $194 $324 $262 $16 $78 $874 $73
Accord EX 2-Dr Coupe $194 $382 $348 $20 $104 $1,048 $87
Accord LX-S 2-Dr Coupe $194 $382 $348 $20 $104 $1,048 $87
Accord EX-L 2-Dr Coupe $218 $382 $348 $20 $104 $1,072 $89
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Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Nevada minimum liability limits. Discounts applied include safe-driver, multi-vehicle, claim-free, multi-policy, and homeowner. Table data does not factor in the specific area where the vehicle is garaged which can influence rates significantly.

We can derive from the above data that using a $250 deductible will cost in the ballpark of $12 more each month or $144 every year than buying the higher $500 deductible. Since you would pay $250 more to settle a claim with a $500 deductible as compared to a $250 deductible, if you usually have at least 21 months between claim filings, you would more than likely save some money if you choose the higher deductible.

How to decide to raise your deductibles

Average monthly premium for $250 deductibles: $86
Average monthly premium for $500 deductibles (subtract): - $74
Monthly savings from raising deductible: $12
Difference between deductibles ($500 - $250): $250
Divide difference by monthly savings: $250 / $12
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 21 months

An important sidenote is that raising deductibles means you will have to cover more of the damage yourself if you have a claim. You should have some savings in the event you have to pay more for the deductible.

Bad driving habits will cost you more

The example below shows how speeding tickets and accidents can raise Honda Accord yearly insurance costs for different age groups. The data is based on a single female driver, comp and collision included, $500 deductibles, and no additional discounts are factored in.

Save money on Honda Accord insurance in Reno with these auto insurance discounts

Some providers do not advertise all possible discounts in a way that's easy to find, so the next list breaks down both well-publicized and the harder-to-find ways to save on auto insurance.Auto insurance discounts

Just know that most discount credits are not given to the entire policy premium. A few only apply to specific coverage prices like collision or personal injury protection. Just because it seems like it's possible to get free car insurance, auto insurance companies aren't that generous.

Larger auto insurance companies and their offered discounts are shown below.

Double check with every prospective company to give you their best rates. Some discounts may not apply to policies in your state. For a list of providers with discount rates in Nevada, click this link.

Buying from car insurance agents

Many drivers still prefer to talk to a local agent and that is a personal choice. Experienced insurance agents can help determine the best coverages and help you file claims. The best thing about getting free rate quotes online is that you can find lower rates but still work with a licensed agent.

Find insurance agent in RenoAfter filling out this short form, your insurance coverage information is transmitted to local insurance agents who will give competitive quotes for your car insurance coverage. You won't even need to find an agent because prices are sent directly to your email. If you have a need to compare rates from one company in particular, don't hesitate to go to their quote page and give them your coverage information.

Finding the right provider shouldn't rely on just the quoted price. These questions are important to ask:

If you are wanting to purchase car insurance from a reliable insurance agency, it's important to understand the different agency structures and how they can service your needs differently. Car insurance agencies are either independent or exclusive. Either one can provide car insurance policies, but it's important to point out why they differ since it can affect the type of agent you choose.

Exclusive Insurance Agencies

Exclusive agencies normally can only provide a single company's rates and some examples include American Family, State Farm, and AAA. Exclusive agents cannot provide prices from multiple companies so you might not find the best rates. Exclusive agents are well schooled on their company's products which helps overcome the inability to quote other rates. Some insured continue to use the same agent mainly due to the brand legacy and solid financial strength.

The following are exclusive insurance agents in Reno willing to provide comparison quotes.

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Independent Car Insurance Agents

Agents that elect to be independent do not write with just one company so they can write business with many different companies and help determine which has the cheapest rates. If they find a cheaper price, an independent agent can move your coverage and you won't have to switch agencies.

When comparing car insurance rates, you need to include price quotes from several independent agencies for the best price selection. Most also write with lesser-known insurance companies that may have much lower rates than larger companies.

Listed below is a list of independent agents in Reno who can help you get price quotes.

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If you feel you receive good responses to these questions and an acceptable price quote, chances are good that you have found an insurance agent that can be relied on to provide car insurance coverage. Just remember it's your coverage and you can cancel your coverage at any time so don't feel you're contractually obligated to any particular company with no way out.

How Insurers Calculate Honda Accord Insurance Costs

A large part of saving on auto insurance is knowing the different types of things that aid in calculating auto insurance rates. If you understand what controls the rates you pay, this allows you to make educated decisions that can help you get big savings.

Having a spouse is a good thing - Having a wife or husband can actually save you money when shopping for auto insurance. Having a spouse demonstrates that you tend to be more financially stable and insurance companies reward insureds because married drivers tend to file fewer claims.

Traffic violations drive up rates - Your driving record impacts your car insurance rates tremendously. Drivers who don't get tickets tend to pay less for car insurance compared to drivers with tickets. Even a single speeding ticket or other violation may increase your cost by as much as thirty percent. Drivers who get serious violations like reckless driving or DUI may be required to complete a SR-22 with their state DMV in order to prevent their license from being revoked.

Premiums are high for teenagers - Older, more experienced drivers are viewed as being more responsible, cost insurance companies less in claims, and usually have better credit.Teenage drivers are known to get distracted easily with other occupants in the car so they pay higher auto insurance rates.

The type of car you drive affects your rates - The performance level of the car you need insurance for makes a big difference in the rate you pay. The lowest base rates will generally be found on lower cost passenger vehicles, but the final cost of insurance is determined by many other factors. Because the Honda Accord is classified as a passenger car, insuring your vehicle will cost similar in price or lower compared to average rates in Reno.

Don't cut corners with liability coverage - The liability section of your policy kicks in when you are determined to be liable for causing personal injury or damage in an accident. It will provide for a legal defense to defend your case. Liability is cheap as compared to coverage for physical damage, so drivers should make sure they buy enough to cover all assets.

Rates are affected by your address - Having an address in smaller towns and rural areas of the country is a positive aspect when it comes to auto insurance. Fewer drivers means fewer accidents in addition to fewer liability claims. People in densely populated areas have more road rage incidents and more severe claims. Higher commute times statistically corresponds to a higher accident and claim rate.

Avoid coverage lapses - Having a gap between insurance policy dates can be a sure-fire way to increase your auto insurance rates. Not only will you pay more, not being able to provide proof of insurance may result in a fine, jail time, or a revoked license. You may have to submit proof of financial responsibility or a SR-22 with the Nevada motor vehicle department.

Loss probability for a Honda Accord - Companies include the past claim trends for vehicles to calculate a price that will offset losses. Vehicles that the data determines to have a trend towards higher claims will have higher rates for specific coverages. The table below outlines the insurance loss data used by companies for Honda Accord vehicles.

For each policy coverage, the loss probability for all vehicles averaged together equals 100. Numbers shown that are under 100 indicate better than average losses, while values over 100 indicate higher probability of having a loss or an increased probability of a larger loss.

Insurance Loss Ratings for Honda Accord Vehicles

Vehicle Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Honda Accord 91 85 90 122 117 94
Honda Accord Hybrid 96 80 98 89 76 84
Honda Accord Crosstour 4dr 2WD 85 97 83 122 113 94
Honda Accord Crosstour 4dr 4WD 99 102 94 120 93

Empty fields indicate not enough data collected
Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Insurance in Nevada serves several purposes

Even though Reno Accord insurance rates can get expensive, paying for insurance serves an important purpose.

The benefits of having insurance definitely exceed the price paid, particularly for liability claims. An average driver in America is overpaying more than $750 every year so shop around at every renewal to help ensure money is not being wasted.

Cheaper coverage is out there

When trying to cut insurance costs, don't be tempted to skimp on critical coverages to save a buck or two. In many cases, drivers have reduced comprehensive coverage or liability limits and learned later that the savings was not a smart move. Your goal should be to find the BEST coverage at the best price and still be able to protect your assets.

Discount Honda Accord insurance in Reno can be sourced online as well as from insurance agents, and you should compare rates from both in order to have the best chance of saving money. Some insurance companies do not provide rates over the internet and most of the time these small insurance companies prefer to sell through independent agents.

People who switch companies do it for a variety of reasons including not issuing a premium refund, poor customer service, denial of a claim or unfair underwriting practices. No matter why you want to switch, switching insurance companies is pretty easy and you might even save some money in the process.

More detailed insurance information can be read at these sites: