Who Has Cheap Insurance Quotes for a Honda Accord in Alaska?

Your odds of finding cheaper car insurance for a Honda Accord in Alaska relies on lots of different rating factors like how safe your vehicle is, the likelihood of your vehicle being stolen, and your driving record. Drivers in Alaska pay on average $830 per year to insure their Accord, but that price is a valuation based on rate data for a 50-year-old single male driver that has full physical damage coverage and $250 deductibles.

It’s more than likely that you are not exactly 50 years old and possibly not even male, married instead of single, or maybe you live in a different part of Alaska than the example. Having the smallest difference in policy rating factors can lead to a significant difference in the price of coverage.

Every driver has different characteristics, so the best way to find the most affordable coverage for your Honda is to put in the effort and compare rates. Get a free quote now and you can get rates from the cheapest companies that sell coverage in Alaska.

Insure Your Honda for Less

The specific model of Accord has an effect on the annual cost of coverage, so the cost to insure a Accord LX 4-Dr Sedan will be $292 lower than the price to insure the more well-appointed Accord EX-L 2-Dr Coupe trim level, as shown by the rates below.

Premium data assumes single male driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Alaska minimum liability limits. Discounts applied include claim-free, multi-policy, multi-vehicle, homeowner, and safe-driver. Premium amounts do not factor in the specific area where the vehicle is garaged which can modify coverage rates greatly.

Locating low-cost car insurance is confusing at best, and deciding which company has the cheapest car insurance rates for a Honda Accord calls for additional perseverance. Each insurer uses a different method for setting rates, so let’s rank the most affordable car insurance companies in Alaska.

We do need to point out that Alaska car insurance rates are calculated based on many things which can substantially decrease or increase your annual premium. This price variability is why it is crucial to do a thorough rate comparison to find the most affordable auto insurance rates for a Honda Accord. Prices consist of many factors and change substantially, so the cheapest rate the last time you shopped around may now cost much more than other companies.

Best Auto Insurance Prices for Your Accord

Click Here to Start Your Quote

google.charts.setOnLoadCallback(drawAKT5qcibChart);function drawAKT5qcibChart() {var data = google.visualization.arrayToDataTable([[‘Company’, ‘Rate’, { role: ‘style’ }], [‘Umialik’, 901, ‘#338FCF’], [‘USAA’, 967, ‘#2A77AC’], [‘State Farm’, 975, ‘#23638F’], [‘Progressive’, 1223, ‘#1D5277’], [‘GEICO’, 1943, ‘#184463’]]);var options = {title: ‘Most Affordable Car Insurance Companies in Alaska’,titleTextStyle: {color: ‘#333’, fontSize: 17, bold: true},width: ‘100%’,height: 300,’chartArea’: {left:0,top:50,’width’: ‘100%’, ‘height’: ‘70%’},bar: {groupWidth: “90%”},legend: {position: ‘none’},vAxis: {viewWindowMode:’explicit’,viewWindow:{max:2043,min:0}}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});var view = new google.visualization.DataView(data);view.setColumns([0, 1,{ calc: “stringify”,sourceColumn: 1,type: “string”,role: “annotation” },2]);formatter.format(data,1);formatter.format(data,2);var chart = new google.visualization.ColumnChart(document.getElementById(‘qcibt5cic’));chart.draw(view, options);}

Umialik may have some of the cheapest car insurance rates in Alaska at around $901 per year. USAA, State Farm, Progressive, and GEICO also make the cut as some of the lowest-priced Alaska insurance companies.

As the example above demonstrates, if you currently have coverage with Progressive and switched to USAA, you could realize an annual savings of in the vicinity of $256. Customers with GEICO may save as much as $976 a year, and Allstate insureds might realize rate reductions of up to $1,407 a year.

To find cheap insurance for a Honda Accord in Alaska for your vehicle, click here to start your free quote or quote prices from the following companies.

Understand that those rates are averaged across all types of drivers and the different vehicles they drive and and are not calculated with a specific rate value for a Honda Accord. So the auto insurance company that is best suited for you may not even be in the company chart above. That illustrates why you need to compare rates from multiple companies using your own driver information and specific vehicle type.

Should you buy full coverage?

Finding cheap insurance for a Honda Accord in Alaska is the goal of the majority of people, and one easy way to buy cheaper insurance is to not buy comprehensive and collision coverage. The illustration below shows the difference between car insurance rates with full phyical damage coverage and with liability coverage only. The premiums assume no claims or violations, $1,000 deductibles, single status, and no discounts are factored in.

google.charts.setOnLoadCallback(drawFclqcibChart);function drawFclqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘Full Coverage with $1,000 Deductibles’, ‘Liability Only’],[‘Age 20’, 1943,829],[‘Age 30’, 1031,459],[‘Age 40’, 1003,427],[‘Age 50’, 917,399],[‘Age 60’, 889,393],[‘Age 70’, 1107,523]]);var options = {title: ‘Savings of Only Insuring for Liability’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 500,’chartArea’: {left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’},colors: [‘#6791b9′,’#98bee2’],hAxis: {title: ‘Annual Insurance Cost for a Honda Accord in Alaska’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);var chart = new google.visualization.BarChart(document.getElementById(‘qcibfcl’));chart.draw(data, options);}

As an average for all age groups, physical damage coverage on your policy costs an additional $1,148 per year more than just buying liability insurance. That is a large expense and it proposes the question if buying full coverage is worth the money. There is no set rule of when to stop paying for comp and collision coverage, but there is a broad guideline. If the annual cost of coverage is more than 10% of replacement cost minus your deductible, then you might want to think about dropping full coverage.

For example, let’s assume your vehicle’s settlement value is $6,500 and you have $1,000 deductibles. If your vehicle is totaled, the most your company will settle for is $5,500 after paying your deductible. If you are currently paying more than $550 annually to have full coverage, then it could be time to drop full coverage.

Ideas for buying economical insurance for a Honda Accord

Below you’ll find some of the better penny-pinching suggestions that can help Alaska drivers get lower-cost coverage.

• Avoid preventable accidents
• On older vehicles, drop full coverage
• If possible, pay for small claims out-of-pocket
• Raise deductibles to save money
• Do not get traffic tickets
• Compare prices frequently to find the best deal

The last idea is particularly critical, as was emphasized in this write-up. Prices charged by companies in Alaska fluctuate constantly, so don’t be hesitant to switch carriers if you can find a cheaper rate.

We understand brand loyalty, but it’s not a great idea if that loyalty ends up costing thousands of dollars over several years. It only takes a couple minutes to compare rates and find cheaper auto insurance for a Honda Accord.

Who has the cheapest Honda Accord insurance quotes?

There are many ways to quote car insurance rates in Alaska, but the most preferred are from a non-exclusive or independent agent, an exclusive agency such as State Farm or Allstate, or direct online or over the phone from a company like Progressive or Geico.

You can use whichever method you prefer, but they are slightly different in how they price policies.

Independent agents write for multiple companies and can do rate comparisons with each one. Independent agents are not employed by only one company and can get prices from more than one company, which can help you get the best idea of how your rates compare. If cheaper coverage is found, the agent simply finds a different carrier which requires no work on your part.

A captive or exclusive agent is only able to place business with one company, for example an Auto-Owners or State Farm agent. Exclusive agents cannot provide other companys’ prices, so always compare other rates.

The third way to buy car insurance is direct which means you skip the middleman (the agent) and buy direct either online or via phone. This option may be the best choice drivers who do not need advice for risk management and have a decent understanding of what coverage options they need.

When shopping for car insurance, which way works best to find cheap insurance for a Honda Accord in Alaska? We would first guess that shopping direct results in the best prices because there is no agent taking a commission, but that turns out to not be true. We could also assume that an independent agency guarantees the cheapest rates due to having more companies to select from, but that’s not always true, either. And occasionally, exclusive agents may have prices that cannot be met by either independent or direct companies.

Because it’s impossible to say who has the best car insurance rates, the best method to not overpay for car insurance is to get quotes and compare. If you have the time, get prices from all three types to have the best rate selection. For a list of companies with some of the cheapest Alaska car insurance rates, click here to view.