Honda Accord Insurance Rates: Compare, Buy/Renew

Hey Sunshine,

Do you know what is the Honda Accord Insurance Rates? How much Honda Accord insurance Cost in 2022? Where can you get the best Honda Accord Insurance? What are honda accord coupe insurance rates? How much does 2021 honda accord insurance cost according to different states?

If you are looking for cheap insurance for honda accord insurance rates, then which options are available?

We know you have got tons of questions and we at Mount Shine, are there to help you answer all your queries. We compared several Honda Accord Insurance rates to let you decide the best way to ensure you are getting your best deal. See the average car insurance rates for the base LX sedan up to the Hybrid Touring model. Learn what factors affect your spending decision while paying for car insurance, look at prices, payment options, etc. The United States’ best insurance companies, credit score required, best banks for auto refinance loan, joint auto loans, EMI options available, and how you can save your money on car insurance.

Compare, Buy/Renew your Honda Accord Insurance and save on your next policy.

How Much Does Honda Accord Insurance Cost?

On average Honda Accord Insurance Rates can go to $1,518 a year, or $127 on monthly basis.

Honda Accord car insurance costs an average of $1,518 a year, or $127 on a monthly basis. Honda Accord owners can expect to pay around $30 less per year for Honda Accord Insurance when compared to the average rate for all midsize cars, and $5 less per year than the national average of $1,523 for all vehicles.

We compared Honda Accord Insurance cost according to age starting from 20 to 60 years old and policy deductibles. From the table below you can see that car insurance for a Honda Accord for a 60-year-old driver is $1,144 per year with deductibles of $1,000. For a 20-year-old driver, it costs about $3,524 per year with deductibles set at $250.

You can compare the Honda Accord Insurance Rates According To Age with deductibles from the table given below:

Honda Accord Insurance Cost by Driver Age and Deductibles

Driver AgeDeductibleAnnual CostMonthly Cost
20$1,000$2,548$212
$500$3,024$252
$250$3,524$294
30$1,000$1,338$112
$500$1,600$133
$250$1,876$156
40$1,000$1,276$106
$500$1,518$127
$250$1,770$148
50$1,000$1,164$97
$500$1,382$115
$250$1,610$134
60$1,000$1,144$95
$500$1,360$113
$250$1,582$132

7 Factors That Affects Honda Accord Insurance

There are multiple factors that affect the cost of insurance for Honda Accord. For example, each state has its own rules and regulations which are applied to the insurance policies thus resulting in variation to the costs a customer pays for it. There are other factors like the trim-level, liability-only policy, age, gender, etc. let us get to know some of the factors which affect Honda Accord Insurance Rates:

1. Where you Live

A liability-only policy for a Honda Accord in the more affordable parts of Idaho or Indiana costs as little as $237 a year. A teen driver who just got his/her license with a tendency to speed in the most expensive zip codes in Los Angeles, CA, could get a bill for $12,106 a year for a full coverage policy.

2. Lifestyle

Another factor and important one is the profile and lifestyle of a person that can affect the cost of Honda Accord Insurance.

3. Expect to pay a lot for high-risk Insurance

The requirement to purchase a high-risk policy for the Honda accord could raise rates by $1,794 or more per year for a 50-year-old driver. High-risk insurance is typically required only after serious offenses such as DWI/DUI, driving without a license or insurance, or multiple at-fault accidents.

4. Driver gender influences rates

There is a difference in Honda Accord Insurance rates for 2021 when it comes to gender. Women get cheaper rates when compared to men. Insurance to a 20-year-old male driver costs an estimated $3,024 per year, while a 20-year old female driver’s cost to insure a honda Accord is  $2,234, a difference of $790 per year.

If a 50-year-old male driver is owning a honda accord, in 2021 he will pay $1,382 for insurance, and for females, it is $1,356. Thus making a difference of only $26.

5. Avoiding accidents saves money

At-fault accidents are one of the biggest factors that raise Honda Accord Insurance rates. We can’t expect a car not to have a minor accident at all. So, Accidents at fault raise insurance rates, potentially by $2,132 per year for a 20-year-old driver and up to $484 per year for a 50-year-old driver.

6. By qualifying for policy discounts, you can save money

Customers who qualify for policy discounts save money on their insurance. That’s why Uncle Sam from Texas might be paying less on the insurance for honda accord than what you are currently paying. Discounts on policies are a great way to save money. It may be available to those who drive a vehicle with safety or anti-theft features. If someone has insured their home and car with the same company, it is most likely they will get discounts on their auto insurance. From what we have seen, an average driver can save up to $256 a year on their Honda Accord insurance.

7. Discounts Given On Choice Of Occupation

There are Auto Insurance Companies that offer policy discounts to specific occupations like college professors, doctors, military, scientists, farmers, etc. A large share is made up of these types of policy holders so if you can get this discount applied to your policy, you can save money on your auto insurance policy annually. Look for the best insurance company nearby and talk to their representative, try to get quotes online, and see what they have to offer.

There are other factors too affecting Honda Accord Insurance cost that we will discuss in the future.

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What Is The Cheapest Accord To Insure In 2021?

Let’s find out what is the cheapest 2021 Honda Accord insurance cost to insure depending on the trim level. The cheapest Honda Accord insurance is the LX Sedan trim level which costs an average of $1,356 to $1,646 per year. One of the factors which affect the increase in costs in the trim level, so let’s say if trim level increases, the cost of car insurance also increases.

The second cheapest Accord to Insure in 2021 is the EX Sedan at $1,448 per year. If we talk about the average Honda Accord Insurance rates per month ranges from $137 to $113 depending on the trim level. Also, don’t forget that your location might be one of the factors for an increase or decrease in the Honda Accord Insurance cost.

From the table given below, you can analyse the annual, semi-annual, and monthly costs for insuring different trims and styles of Honda Accords available.

2021 Honda Accord Insurance Cost by Trim Level

Honda Accord Trim LevelAnnual Policy6-month PolicyPer Month
LX Sedan$1,356$678$113
EX Sedan$1,448$724$121
Sport Sedan$1,488$744$124
Hybrid Sedan$1,506$753$126
EX-L Sedan$1,526$763$127
Hybrid EX Sedan$1,552$776$129
Hybrid EX-L Sedan$1,598$799$133
Touring Sedan$1,620$810$135
Hybrid Touring Sedan$1,646$823$137

Amongst all other honda Accord vehicles, there are three most expensive Honda Accord models to insure. Here Hybrid EX-L Sedan trim levels cost $1,598, Touring Sedan costs $1,620, and Hybrid Touring Sedan $1,646 per year, respectively.

How Much Does Used Honda Accord Insurance Costs?

While we were doing our research, we got to know consumers were looking more for How much does used Honda Accord Insurance Costs? How much do they have to pay for a 2013 model or if I own a 2020 Honda Accord, which company should I Opt For?

So, compare average Honda Accord insurance rates for the 2013 to 2021 model years and for various driver age groups from the table given below.

Honda Accord Insurance Cost for 2013-2021 Models

Model YearDriver Age 20Driver Age 30Driver Age 40Driver Age 50Driver Age 60
2021$3,024$1,600$1,518$1,382$1,360
2020$2,954$1,560$1,482$1,350$1,328
2019$2,930$1,542$1,464$1,336$1,314
2018$2,872$1,508$1,436$1,312$1,288
2017$2,746$1,440$1,376$1,256$1,232
2016$2,706$1,416$1,358$1,238$1,216
2015$2,394$1,254$1,206$1,102$1,080
2014$2,372$1,238$1,192$1,088$1,068
2013$2,198$1,150$1,106$1,014$996

As you can see, the 2013 Honda Accord when compared to the 2021 model can save $412 or more each year and for the 2017 model, it could save around $142. If you are planning to buy a used Honda Accord or already own one, compare the rates first then buy/review online honda accord insurance.

On Average Honda Accord Insurance rates range for a 60-year-old driver on a 2013 model $996 per year to the most expensive rate of $3,024 for a 20-year-old rated on a 2021 Honda Accord. Remember: When the vehicle gets older, remove the comprehensive or collision or both from the insurance policy. This will help you save money on your auto insurance policy. As the vehicles get older, they lose value from depreciation so it is not a good idea to spend extra cash on them.

If you want to save $624 per year, consider dropping comprehensive and collision coverage. Your savings may depend on how much the deductibles were and the driver’s age.

What Are The Honda Accord Insurance Rates For Teenagers 2021?

When it comes to a car that is dependable, safe, has a sporty style, and is popular with teenagers, parents frequently choose a Honda Accord. It is a reliable vehicle that is also popular among teens, and the same can be said for its insurance.

That’s why we compared Honda Accord Insurance Rates for teenagers so that you can make a smart financial decision. From the table given below you can see how much will be insurance honda accord cost from the age of 16 to 19. As discussed above, the gender factor is also considered for insurance, and prices are based on that too.

For a 16-year-old male driver, Honda accord insurance cost $5,424 and for 19-year-old female driver is will cost $3,830.

Teen Driver GenderAge 16Age 17Age 18Age 19
Male$5,424$5,084$4,750$4,306
Female$4,772$4,510$4,124$3,830

From the above table, we can see for a 17-year-old driver, Honda Accord Insurance cost is $4,510 for females and $5,084 for males. For an 18-year-old on a Honda Accord Insurance rates would average $4,510 for females and $5,084 for males in 2021.

Full Coverage vs. Liability-only Insurance Cost: Which One To Choose?

When an insurance company says we will give cover full insurance coverage on honda accord 2021 it means insurance includes coverage for claims such as hail damage, collisions, and vehicle theft.

If you want to reduce the cost of insurance for Honda accord, then go for liability insurance. Age is not a bar in liability insurance and gives you the required liability protection.

Let us compare the cost of Full Coverage Vs. Liability Only Honda Accord Insurance to see the difference

Honda Accord Insurance Rates for 2004 to 2012 Model Years

   
Vehicle Model YearFull Coverage InsuranceLiability Insurance
2012 Honda Accord$1,064$486
2011 Honda Accord$1,030$482
2010 Honda Accord$1,000$480
2009 Honda Accord$958$476
2008 Honda Accord$922$472
2007 Honda Accord$884$468
2006 Honda Accord$842$460
2005 Honda Accord$806$452
2004 Honda Accord$796$448

Note: If you met with an accident where there is physical damage to your vehicle, you have no coverage in case of liability insurance only. In this case, you have to replace the parts/damage from your own pocket.

How Much Does Honda Accord Insurance Cost Near Me

Insurance policy will always vary depending on your address and which state of the United States you live in. While doing our research we found that in Virginia Beach, VA Honda Accord Insurance cost can be $982 a year, in New York average cost is $2,834, and $5,922 in Detroit, MI. Other places like Nashville, TN, costs $1,504 per year, Omaha, NE, the average cost to insure Honda Accord is $1,372, Boston, MA, costing $1,664, and Long Beach, CA, at $1,932.

Below is the list of Honda Accord Insurance Rates By Location

Honda Accord Insurance Rates by Location

City/StateAnnual RateMonthly Rate
New York, NY$2,834$236
Philadelphia, PA$2,496$208
Los Angeles, CA$2,480$207
San Francisco, CA$2,130$178
San Jose, CA$1,758$147
Phoenix, AZ$1,708$142
San Diego, CA$1,674$140
Jacksonville, FL$1,670$139
Chicago, IL$1,612$134
Dallas, TX$1,582$132
Houston, TX$1,576$131
Indianapolis, IN$1,500$125
San Antonio, TX$1,414$118
Austin, TX$1,342$112
Columbus, OH$1,104$92

Compare Honda Accord Insurance Cost By State

We compared average auto insurance rates for all 50 states, starting from Alabama to Wyoming, and found the cheapest Honda Accord Insurance Cost.

Honda Accord Insurance Cost by U.S. State

U.S. StateAnnual Cost6-month CostMonthly Cost
Alabama$1,276$638$106
Alaska$1,194$597$100
Arizona$1,372$686$114
Arkansas$1,458$729$122
California$1,682$841$140
Colorado$1,622$811$135
Connecticut$1,660$830$138
Delaware$1,646$823$137
Florida$2,050$1,025$171
Georgia$1,566$783$131
Hawaii$1,202$601$100
Idaho$1,012$506$84
Illinois$1,078$539$90
Indiana$1,104$552$92
Iowa$1,002$501$84
Kansas$1,318$659$110
Kentucky$1,716$858$143
Louisiana$2,246$1,123$187
Maine$962$481$80
Maryland$1,402$701$117
Massachusetts$1,276$638$106
Michigan$2,722$1,361$227
Minnesota$1,344$672$112
Mississippi$1,354$677$113
Missouri$1,334$667$111
Montana$1,394$697$116
Nebraska$1,200$600$100
Nevada$1,700$850$142
New Hampshire$1,102$551$92
New Jersey$1,472$736$123
New Mexico$1,314$657$110
New York$1,684$842$140
North Carolina$1,032$516$86
North Dakota$1,170$585$98
Ohio$1,022$511$85
Oklahoma$1,632$816$136
Oregon$1,342$671$112
Pennsylvania$1,338$669$112
Rhode Island$1,808$904$151
South Carolina$1,410$705$118
South Dakota$1,256$628$105
Tennessee$1,256$628$105
Texas$1,472$736$123
Utah$1,242$621$104
Vermont$1,052$526$88
Virginia$978$489$82
Washington$1,194$597$100
West Virginia$1,346$673$112
Wisconsin$1,108$554$92
Wyoming$1,352$676$113

Payment Options For Honda Accord Insurance

There are various payment options available for honda Accord car insurance which you can avail. A few options are:

  • Online
  • Credit Card
  • Insurance Company Apps – One Stop Solution
  • Wire Transfer
  • Few insurance company offers Wallet options too and give bonus points to redeem

How To Apply For Honda Accord Insurance?

The rates may vary from state to state and from company to company. The best way to insure the cheapest or the most reliable option is to research well before buying auto car insurance for Honda Accord. Let Mount Shine help you, if you are a 17-year-old, 30-year-old, or of any age, we have a wide network of America’s best insurance companies, their offers, payment options, costs, etc.

Get free quotes, buy/renew, save money on Honda Accord Insurance by contacting us. Our service is free, fast, and simple, so get started today!

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