Who Has the Cheapest Insurance for a Honda Accord in Maine?

Your chances of buying the best cheap insurance for a Honda Accord in Maine depends upon lots of different factors like if you are a renter or homeowner, if you have ever let your coverage lapse, and if your driving record is clean. Maine drivers pay approximately $680 each year to buy insurance for a Honda Accord, but that is an estimation that uses a 50-year-old single male that has full physical damage coverage and $100 policy deductibles.

There is a good probability you are not exactly 50 years old and possibly not even male, maybe you are married instead of single, or maybe you do not need full coverage. The different assumptions illustrate why the only real way to find cheap car insurance rates for your Honda is to just take the time to compare rates yourself.

Insure Your Honda for Less

Your vehicle’s trim level tends to have a direct impact on the insurance rate, so the rate you pay to insure a Accord LX 4-Dr Sedan trim level will be $242 less than the insurance cost for the more costly Accord EX-L 2-Dr Coupe trim level, as shown below.

Data based on single male driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Maine minimum liability limits. Discounts applied include claim-free, multi-vehicle, multi-policy, safe-driver, and homeowner. Rate information does not factor in zip code location which can change auto insurance rates greatly.

Deciding which companies offer the best insurance rates for a Honda Accord takes a tad more effort in order to find the best policy. Every insurance company has their own unique process for determining rates in each state, so we’ll take a look at the lowest cost insurance companies in Maine.

It’s important to understand that Maine insurance rates are calculated based on many things which can significantly increase or decrease the price of your policy. Turning one year older, marrying your spouse, or having a fender bender may generate price changes that may make certain companies more affordable than others.

Lowest Insurance Price Quotes for Your Accord

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USAA offers some of the lowest car insurance rates in Maine at around $629 per year. Travelers, Countryway Insurance, Vermont Mutual, and Patriot also qualify as some of the best Maine auto insurance companies.

In the rate table above, if you buy coverage from Patriot and switched to Travelers, you might achieve annual savings of roughly $80. Customers with The Hartford may save as much as $90 a year, and MetLife customers might realize rate reductions of up to $164 a year.

These prices are averages for all types of drivers and the different vehicles they drive and and are not figured with a specific rate factor for a Honda Accord. So the auto insurance company that has the cheapest rates for you may not even be shown in the list above. That affirms the importance of why you need to get quotes using your own personalized driver profile and vehicle information.

Get discounts on Maine insurance rates

Auto insurance companies that provide the cheapest insurance for a Honda Accord in Maine may also provide price discounts that could lower prices by as much as 40% or more if you meet certain criteria. Larger insurance companies and some of the discounts are included below.

The information below illustrates the comparison of car insurance costs with and without discounts applied to the rates. The information is based on a female driver, no violations or claims, Maine state minimum liability limits, comp and collision included, and $250 deductibles.

The first bar for each age group shows insurance cost with no discounts. The lower bar shows the rates with anti-theft, multiple vehicle, passive restraint, multiple policy, claim-free, and defensive driving course discounts applied. When taking advantage of discounts, the the amount saved on insurance for a Honda Accord is % or $.

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Who has the cheapest Honda Accord insurance quotes?

Thanks to technology, drivers have a lot of ways to quote cheap insurance rates in Maine, but the most preferred methods are using an exlusive agent such as Auto-Owners or State Farm, a non-exclusive or independent agent, or direct from companies such as Progressive or Geico.

All three ways can provide insurance quotes, but buyers should know the differences in how they provide rate quotes.

Independent agents work for many companies and can do rate comparisons with all of them. These types of agencies are not limited to a single company and can quote rates with many companies, which can help you get better odds of saving money. If you are not satisfied with one company, your agent can switch companies and you don’t have to do anything.

Exclusive agents are usually restricted to a single insurance company, examples being a State Farm or Allstate agent. Exclusive agents are unable to quote prices from more than just one company, so they have to upsell other benefits.

When you buy insurance direct, you do not use an agent and buy buying direct from a company like Esurance or Geico. Shopping direct may be a decent choice families who do not need risk management and have knowledge of what is covered and what is not.

So which of the methods works best to buy the cheapest insurance for a Honda Accord in Maine? The quick answer would be buying from a direct car insurance company yields the cheapest rates since there is no need to pay agent commissions, but that does not always hold true. We could also assume that going through an independent agent results in the cheapest rates since they can provide multiple quotes, but again, that’s not accurate. And occasionally, exclusive agents have extremely competitive rates that are well below what direct and independents offer.

Since insurance prices are based on many different factors, really the only way to get the lowest rate is to compare, compare, and compare some more. If time allows, get quotes from all three to have a good selection of rates to choose from. A great place to start is our list of online companies offering discounts: click here to view.

How to find more affordable insurance for a Honda Accord

The list below shows some of the recommended money-saving solutions that can help you get low-cost auto insurance.

• Buying home and auto insurance together can earn discounts
• Buy vehicles with five-star safety ratings
• Improve your credit rating
• Save money by insuring older vehicles for liability only
• At-fault accidents can raise rates significantly
• Comparison shop at least every other year

That final tip is particularly necessary, as we hit on in the prior information. Rates can change considerably in a year, so don’t be unwilling to buy a policy from a new company if a cheaper rate is available. Many drivers prefer to stick with one company, but it isn’t a good idea if that devotedness results in you overpaying a fortune every year. It only take a few minutes to shop around to find cheaper car insurance for a Honda Accord.