When shopping for auto insurance for your honda accord, shopping around can be a good idea. Comparing rates from different insurers can give you a better deal, as different insurers may offer different rates based on car type and year.
Honda accord insurance rates can vary greatly depending on the insurance company you choose. The average cost of insuring a Honda Accord is $1,234. however, costs may vary by insurer.
the cheapest auto insurance option for the honda accord is usaa, with an average annual cost of $1,038, which is a difference of up to $478 per year compared to the most expensive provider.
the average annual cost of honda accord insurance by company
moneygeek used a sample driver profile to collect honda accord insurance quotes from various providers. the sample driver has 100/300/100 liability insurance with comprehensive and collision coverage.
the average cost to insure a honda accord by company
For a given car model, insurers use a variety of factors and considerations to determine insurance costs. Cars that cost more, are more likely to be stolen or have accidents tend to be more expensive to insure.
Honda Accords are generally fairly inexpensive to insure. it is a low value car and is cheaper to repair. it’s also a low-power car, so it’s less likely to be involved in serious crashes. A combination of these two factors makes the Honda Accord less expensive to insure.
When shopping for auto insurance on a honda accord, cost shouldn’t be the only factor to consider. It’s also important to learn important details about your insurer.
moneygeek used its rating system, based on financial stability, customer satisfaction, customer complaints, and affordability, to determine that:
- usaa is the best auto insurance option for a honda accord. however, it is only available to current and former military personnel and eligible family members.
- The second best option for insuring a honda accord is geico.
If you have an older car, it may be cheaper to insure it. a car’s value depreciates over time, resulting in cheaper comprehensive and collision coverage.
For a 2005 honda accord, the average cost of insurance is $999 per year. for the 2020 model, it’s an average of $1,356 a year.
Depending on the model year, different insurers may offer varying rates. For a 2020 Honda Accord, the cheapest insurance company is USAA, costing an average of $1,108 per year.
Scroll to your model year below to compare rates from different carriers.
the average cost to insure a honda accord by model year
Driving a Honda Accord is relatively inexpensive when it comes to car insurance costs. The average annual cost of insuring a Honda Accord is $1,234, or $193 less than the average cost for all other models.
For young drivers, car insurance can be more expensive due to their lack of experience on the road. inexperience makes them riskier to insure.
For an 18-year-old driver, the average cost of insuring a Honda Accord is $4,028 per year. a 40-year-old driver would pay approximately $1,234.
It usually costs less to insure teens when they’re on their parents’ plan. If you have a teen driver and want to save money, it might be a good idea to keep them on your policy.
You can see car insurance costs for young drivers ages 16-25 below.
the average cost to insure a honda accord based on the age of the driver
All costs listed in this article are based on a national average. however, where you live can significantly affect your auto insurance costs. You can learn more about auto insurance costs in individual states with our state page analysis.
Your car model is just one of many factors that can affect the cost of your auto insurance. Here are some common questions about insuring a Honda Accord.