Auto Insurance Quotes for a Honda Accord Crosstour in Miami

Buying the lowest price Miami Honda Accord Crosstour insurance quotes online can seem to be rather challenging for people that are relatively new to comparing and buying car insurance online. With such a large number of insurers available, how are we expected to be able to compare every car insurance company to find the best available price?

A study showed that about 70% of customers kept their policy with the same company for four years or more, and just under half have never compared rates from other carriers. With the average car insurance premium being $1,847, American drivers could cut their rates by up to $860 a year by just comparing quotes, but they just don’t understand how easy it is to find affordable insurance by shopping around.

Consumers should take time to shop coverage around as often as possible due to the fact that insurance prices change frequently. Even if you think you had the best quotes on Honda Accord Crosstour insurance in Miami a few years ago you will most likely find a better rate today. Ignore everything you know about car insurance because you’re going to learn how to quote online to properly buy coverages and cut your premium.

Most of the larger companies such as Allstate, GEICO and Progressive allow you to get coverage prices from their websites. Getting online quotes for Honda Accord Crosstour insurance in Miami is very simple as you just type in your coverage information as requested by the quote form. When complete, their system will obtain your driving record and credit report and generates pricing information based on these and other factors.

This makes it a lot easier to compare rates and it’s also necessary to do this if you are searching for the best rate on auto insurance.

To quickly get comparison pricing now, compare quotes from the companies shown below. If you have a policy now, it’s recommended you type in the insurance coverages exactly as shown on your declarations page. This guarantees you will have a fair comparison using the exact same coverages.

The auto insurance companies shown below provide price comparisons in Miami, FL. If multiple companies are listed, we suggest you visit two to three different companies to get the cheapest price.

Here’s why auto insurance is not optional

Despite the high insurance cost for a Honda Accord Crosstour in Miami, auto insurance is required in Florida but it also protects you in many ways.

First, almost all states have mandatory liability insurance requirements which means state laws require specific minimum amounts of liability insurance coverage in order to drive the car. In Florida these limits are 10/20/10 which means you must have $10,000 of bodily injury coverage per person, $20,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.

Second, if you have a lien on your Honda Accord Crosstour, almost every bank will have a requirement that you have physical damage coverage to guarantee their interest in the vehicle. If the policy lapses, the bank may buy a policy for your Honda at an extremely high rate and force you to pay a much higher amount than you were paying before.

Third, auto insurance preserves not only your Honda Accord Crosstour but also your financial assets. It will also provide coverage for medical bills for you, your passengers, and anyone else injured in an accident. Liability coverage, the one required by state law, will also pay to defend you in the event you are sued. If your vehicle suffers damage from an accident or hail, comprehensive (other-than-collision) and collision coverage will pay to have it repaired.

The benefits of insuring your car definitely exceed the cost, particularly when you have a large claim. An average driver in America is overpaying over $750 every year so we recommend shopping around each time the policy renews to help ensure money is not being wasted.

Car insurance analysis for a Honda Accord Crosstour

The table displayed next showcases a range of insurance rates for Honda Accord Crosstour models. Learning how auto insurance prices are calculated can help you make decisions on the best policy coverages.

Above prices assume single male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Florida minimum liability limits. Discounts applied include multi-policy, homeowner, multi-vehicle, claim-free, and safe-driver. Price estimates do not factor in specific location which can decrease or increase auto insurance rates greatly.

Higher deductibles save money

One of the hardest decisions when shopping for car insurance is how high should the physical damage deductibles be. The data tables below illustrate the difference in cost when you buy lower versus higher insurance deductibles. The first rate table uses a $100 physical damage coverage deductible and the second set of prices uses a $1,000 deductible.

Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Florida minimum liability limits. Discounts applied include multi-vehicle, claim-free, multi-policy, safe-driver, and homeowner. Price information does not factor in your specific Miami location which can raise or lower price quotes substantially.

Based on this data, using a $100 deductible will cost you about $45 more each month or $540 annually averaged for all Accord Crosstour models than opting for the higher $1,000 deductible. Since the policyholder would be required to pay $900 more out of your own pocket with a $1,000 deductible as compared to a $100 deductible, if you go at a minimum 20 months between claim filings, you would probably save some money if you choose the higher deductible.

Driving violations and accidents

The chart below demonstrates how speeding tickets and at-fault collisions can drive up Honda Accord Crosstour insurance prices for different age groups of insureds. The premiums assume a single male driver, full coverage, $500 deductibles, and no other discounts are factored in.

Honda Accord Crosstour liability rates compared to full coverage

The diagram below visualizes the comparison of Honda Accord Crosstour auto insurance rates with liability coverage only compared to full coverage. The rates are based on no accidents or driving violations, $250 deductibles, single marital status, and no discounts are applied to the premium.

Should you buy full coverage or liability only?

There isn’t a steadfast formula for dropping physical damage insurance, but there is a guideline you can consider. If the annual cost of your full coverage insurance is 10% or more of any settlement you would receive from your insurance company, then it could be time to drop full coverage.

For example, let’s pretend your Honda Accord Crosstour claim settlement value is $5,000 and you have $1,000 deductibles. If your vehicle is totaled in an accident, the most your company will settle for is $4,000 after you pay the deductible. If you are paying over $400 a year to have full coverage, then it could be time to drop full coverage.

There are some circumstances where only buying liability is not financially feasible. If you still have a loan on your vehicle, you must maintain physical damage coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if your savings is not enough to buy a different vehicle in case of an accident, you should not consider dropping full coverage.

Get cheaper Honda Accord Crosstour insurance in Miami with discounts

Auto insurance is not inexpensive, but there may be some discounts that you may not even be aware of. Larger premium reductions will be automatically applied at the time of quoting, but some need to be inquired about before you will receive the discount.

• Multiple Policy Discount – When you have multiple policies and place coverage with the same company you could earn a discount of at least 10 to 15 percent or more.
• Accident Forgiveness – Not necessarily a discount, but certain companies will turn a blind eye to one accident before your rates go up so long as you are claim-free for a set time period.
• Buy New and Save – Putting coverage on a new Accord Crosstour is cheaper because newer vehicles are generally safer.
• Service Members Pay Less – Being deployed with a military unit could trigger a small discount.
• Good Student Discount – Being a good student can be rewarded with saving of up to 25%. The discount lasts until age 25.

A little disclaimer on discounts, many deductions do not apply to the entire cost. Most only reduce the price of certain insurance coverages like comp or med pay. So when the math indicates all those discounts means the company will pay you, you won’t be that lucky. Any amount of discount should help reduce the cost of coverage.

The diagram below shows the difference between Honda Accord Crosstour insurance rates with and without discounts applied. The data is based on a female driver, a clean driving record, no at-fault accidents, Florida state minimum liability limits, full physical damage coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, marriage, safe-driver, homeowner, claim-free, and multi-car discounts applied.

If you would like to see a list of insurance companies with the best Honda Accord Crosstour insurance discounts in Miami in Miami, click this link.