Want to learn the secrets to finding lower-priced Honda Accord insurance in Denver? Locating cheaper insurance for a Honda Accord in Colorado can be a painful process, but you can learn a few tricks to make it easier. There are both good and bad ways to find car insurance online so you're going to learn the best way to quote coverages for a new or used Honda and obtain the lowest price either online or from Denver insurance agents.
Sadly, most car insurance policyholders kept their policy with the same company for well over three years, and just under half have never even shopped around for lower-cost coverage. Consumers in Colorado can save approximately $610 each year just by getting comparison quotes, but they just don't understand how easy it is to compare rates online.
It's a good idea to do rate comparisons as often as possible because insurance prices change frequently. Just because you found the best rates on Honda Accord insurance in Denver six months ago other companies may now be cheaper. Ignore everything you know about car insurance because you're about to learn the easiest way to reduce your cost while improving coverage.
Most larger insurance companies give prices from their websites. This process is possible for anyone because it's just a matter of typing in your coverage preferences as requested by the quote form. After the form is submitted, their system gets information on your driving record and credit history and quotes a price based on the data you entered.
This makes it a lot easier to compare rates and it's necessary to compare as many rates as possible in order to find the cheapest price possible.
To fill out one form to compare multiple rates now, consider comparing rates from the companies shown below. If you have your current policy handy, we recommend you enter your coverages as close as possible to your current policy. This guarantees you will be getting a fair comparison for similar insurance coverage.
The providers in the list below provide free quotes in Colorado. If multiple companies are listed, we suggest you compare several of them to get a more complete price comparison.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Accord LX 4-Dr Sedan||$184||$320||$286||$16||$86||$892||$74|
|Accord LX 4-Dr Sedan||$252||$506||$388||$22||$116||$1,284||$107|
|Accord EX 4-Dr Sedan||$226||$440||$314||$18||$94||$1,092||$91|
|Accord LX-P 4-Dr Sedan||$226||$462||$338||$20||$102||$1,148||$96|
|Accord LX-P 4-Dr Sedan||$240||$412||$308||$18||$92||$1,070||$89|
|Accord EX-L 4-Dr Sedan||$144||$282||$314||$18||$94||$852||$71|
|Accord EX 2-Dr Coupe||$266||$620||$480||$28||$144||$1,538||$128|
|Accord LX-S 2-Dr Coupe||$252||$434||$520||$30||$156||$1,392||$116|
|Accord EX-L 2-Dr Coupe||$250||$434||$396||$24||$118||$1,222||$102|
|Get Your Own Custom Quote Go|
Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Colorado minimum liability limits. Discounts applied include multi-policy, safe-driver, homeowner, claim-free, and multi-vehicle. Price estimates do not factor in garaging location in Denver which can alter coverage rates significantly.
Bad driving habits will cost you more
The information below illustrates how violations and accidents can drive up Honda Accord insurance costs for different age groups. The information is based on a single male driver, full physical damage coverage, $100 deductibles, and no discounts are factored in.
Gender differences in auto insurance premiums
The diagram below shows the difference between Honda Accord insurance prices for male and female drivers. The price estimates are based on a clean driving record, no claims, full coverage, $1,000 deductibles, drivers are single, and no discounts are factored in.
Protect more than your vehicle
Even though Denver Accord insurance rates can get expensive, insurance is required by state law in Colorado and it also provides benefits you may not be aware of.
First, almost all states have mandatory liability insurance requirements which means you are required to carry a minimum amount of liability if you want to drive legally. In Colorado these limits are 25/50/15 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $15,000 of property damage coverage.
Second, if you took out a loan on your Accord, more than likely the lender will require you to buy full coverage to guarantee payment of the loan. If the policy lapses, the lender may insure your Honda at a more expensive rate and require you to reimburse them for the expensive policy.
Third, insurance safeguards not only your Honda but also your assets. Insurance will also pay for medical bills for not only you but also any passengers injured in an accident. One of the most valuable coverages, liability insurance, will also pay attorney fees if you cause an accident and are sued. If mother nature or an accident damages your car, comprehensive (other-than-collision) and collision coverage will pay all costs to repair after the deductible has been paid.
The benefits of insuring your Accord outweigh the cost, particularly for liability claims. Unknowingly, the average driver overpays more than $800 each year so you should quote and compare rates at every policy renewal to ensure rates are competitive.
Ads can be misleading
Colorado consumers can't escape the ads for the lowest price insurance from the likes of Progressive, Allstate and GEICO. All the ads try to convey promises that drivers will save a bundle just by switching your policy.
That's great but how can every company claim to save you money? Here is the trick they use.
Many companies provide the lowest rates for the type of customer that is profitable for them. For example, a desirable risk may be between the ages of 30 and 50, has a clear driving record, and has a high credit rating. Any customer who fits those characteristics receive the lowest rate quotes in Denver and will also save a lot on Denver Honda Accord insurance if they switch.
Drivers who don't qualify for the ideal profile will probably be forced to pay a higher premium which results in business going elsewhere. If you pay close attention to the ads, they say "people who switch" not "all people who quote" save that much when switching. That's why insurance companies can advertise the way they do. This really drives home the point why drivers should get Denver car insurance quotes from several different companies. Because you cannot predict which insurance company will have the lowest rate quotes.
Honda Accord insurance discounts in Denver
Some providers don't list all discounts very clearly, so we researched a few of the more common and also the more inconspicuous discounts that may be available.
- Responsible Driver Discounts - Insureds without accidents can save as much as half off their rates than their less cautious counterparts.
- Accident Free - Drivers with accident-free driving histories get the best car insurance rates when compared to insureds who have frequent claims or accidents.
- Driver's Ed - Have your child successfully complete driver's ed class as it can save substantially.
- Early Switch Discount - Some car insurance companies give discounts for buying a new policy early. It's a savings of about 10%.
- Defensive Driver - Taking time to complete a safe driver course could save 5% or more and easily recoup the cost of the course.
- Federal Government Employee - Active or retired federal employment can earn a discount up to 10% with a few car insurance companies.
- Accident Waiver - Not a discount per se, but certain companies will allow you to have one accident without raising rates if you are claim-free prior to being involved in the accident.
Discounts lower rates, but some credits don't apply to your bottom line cost. Most only reduce the cost of specific coverages such as comp or med pay. Despite the appearance that all the discounts add up to a free policy, company stockholders wouldn't be very happy. Any amount of discount will help lower your overall premium however.
To view insurers that offer some of these discounts in Colorado, click here.
Auto insurance quotes from local Denver insurance agents
Certain consumers would prefer to sit down and talk to an agent and that is a personal choice. Professional insurance agents can help you choose the best coverages and help you file claims. A nice benefit of getting online price quotes is the fact that drivers can get lower premium rates and also buy local.
By using this form (opens in new window), your insurance coverage information is emailed to participating agents in Denver who will give you quotes for your auto insurance coverage. You never need to even leave your home because quoted prices will be sent to you instantly. If you have a need to quote rates from one company in particular, you can always search and find their rate quote page and fill out their quote form.
Choosing an provider should depend on more than just a cheap price. A good agent in Denver will have answers to these questions.
- How long have they been in business?
- Will vehicle repairs be made with aftermarket parts or OEM replacement parts?
- If you raise deductibles, how much can you save?
- How often do they review coverages?
- Will they give you a referral list?
If you want to buy auto insurance from a local Denver insurance agent, you need to know there are two different types of agents and how they differ in how they can insure your vehicles. Agencies in Denver are considered either independent agents or exclusive agents depending on their employer. Both types can insure your vehicles, but it's important to point out how they differ since it may influence the type of agent you choose.
Exclusive Auto Insurance Agents
These type of agents can only place business with one company like State Farm or Allstate. Exclusive agents cannot provide prices from multiple companies so they have to upsell other benefits. Exclusive agents are usually well trained on their company's products which helps them sell on service rather than price. Consumers sometimes use the same exclusive agent partially due to the prominent brand name rather than low price.
Listed below are exclusive insurance agents in Denver who may provide you with comparison quotes.
- Farmers Insurance - James Lundin
1490 N Lafayette St #302b - Denver, CO 80218 - (303) 433-4542 - View Map
- Farmers Insurance - Greg Delgado
2839 Wyandot St - Denver, CO 80211 - (720) 588-4111 - View Map
- Kelly Wells - State Farm Insurance Agent
1855 S Pearl St Ste 100 - Denver, CO 80210 - (303) 862-4579 - View Map
Independent Agencies or Brokers
Agents of this type do not work for one specific company so as a result can place your coverage with a variety of different insurance companies depending on which coverage is best. If premiums increase, they simply move your policy to a different company which is easy for the insured. When comparing auto insurance rates, you will definitely want to compare prices from several independent agencies for the best price selection. They also have the ability to place coverage with smaller regional carriers which may provide better rates.
Shown below is a short list of independent insurance agents in Denver who can help you get price quote information.
- A Complete Home and Auto Insurance Agency
44 Cook St #100 - Denver, CO 80206 - (303) 650-0060 - View Map
- Aspen Insurance Agency
2238 S Broadway - Denver, CO 80210 - (303) 777-2991 - View Map
- American Home Insurance Agency
7505 E Harvard Ave - Denver, CO 80231 - (888) 325-8108 - View Map
Cheaper car insurance is a realistic goal
You just read many ways to compare Honda Accord insurance prices in Denver. The key thing to remember is the more you quote Denver car insurance, the higher the chance of saving money. You may even be surprised to find that the biggest savings come from some of the smallest insurance companies.
When you buy Denver car insurance online, it's very important that you do not reduce coverage to reduce premium. In too many instances, someone sacrificed physical damage coverage and found out when filing a claim that their decision to reduce coverage ended up costing them more. Your aim should be to buy enough coverage at the best cost while not skimping on critical coverages.
Drivers leave their current company for many reasons like delays in paying claims, poor customer service, policy non-renewal or extreme rates for teen drivers. It doesn't matter what your reason, choosing a new company is easier than you think.
More tips and info about car insurance is located by following these links:
- What is Gap Insurance? (Insurance Information Institute)
- Who Has Cheap Auto Insurance Rates for a Dodge Journey in Colorado? (FAQ)
- How Much is Colorado Auto Insurance for Low Credit Scores? (FAQ)
- Who Has the Cheapest Auto Insurance for Drivers with Good Credit in Colorado? (FAQ)
- What is the Cheapest Car Insurance in Loveland, CO? (FAQ)
- What Car Insurance is Cheapest for a Honda CR-V in Colorado? (FAQ)
- Front crash protection reduces rear-end crashes (Insurance Institute for Highway Safety)
- Determining Your Vehicle's Value and Repair Cost (Insurance Information Institute)
- Where can I buy Insurance? (Insurance Information Institute)