Honda Accord Car Insurance Rates

For a 2021 Honda Accord car insurance rates premium is $175.64 per month, or $2,107.65 per year. Costs vary from person to person and place to location, therefore it’s difficult to generalize.

What factors affect car insurance rates for Honda Accord?

Honda Accord Car Insurance Rates - Honda Logo

Both your geographic location and driving record influence your risk of being involved in an accident. Car make and model have a far greater effect on your safety and security than your driving habits because of differences in performance, safety features, and theft rates. Providers take these factors into account when determining premiums, so what you drive may have a significant impact on your costs. This is how it works:

  • Body type. For families or for modest usage, the Accord is a good sedan option. This may be a contributing factor to the low cost of insurance.
  • Vehicle make and model. The base price of the Honda Accord, a midsize car, is little over $20,000. Luxury and high-performance cars are more expensive to insure, therefore this vehicle should be less expensive.
  • Theft. Due to being one of the most stolen cars in the United States, insurance for the Honda Accord may become more expensive.
  • Repairs. As long as the Honda Accord is widely accessible, insurance rates should be cheaper.
  • Ratings for a company’s safety. The Accord boasts excellent safety ratings and features that may result in lower car insurance rates.
  • Type of refueling medium. Due to reduced maintenance costs, the gas-powered Honda Accord should be less expensive to insure than the hybrid model.
  • Trim and box the leftovers. The Honda Accord comes standard with a wide range of safety and driver-assistance features. By including them, insurance costs may be reduced.

How to compare insurance for the Honda Accord

Finding insurance for an Accord should be simple due to the vehicle’s popularity and high safety ratings. If you know what to look for when buying insurance, the process will go more smoothly, and you’ll save money in the long run.

  • Price. Because coverage varies so widely across service providers, it’s difficult to do meaningful pricing comparisons. When comparing estimates, be sure to use the same information for the driver and vehicle.
  • Deductible. The smaller the deductible, the cheaper the rates will be. Decide on a dollar amount that works with your budget.
  • Minimum coverage. States have different requirements for who is covered by health insurance. Do your homework before making a commitment and make sure that any potential insurance meets the state’s very minimal standards.
  • Additional coverage. One option to enhance your insurance is to add personal injury protection and medical payments coverage to it. When obtaining estimates from insurance companies, don’t forget to ask about any extra coverage choices.
  • Extras. Your insurance may include extras like roadside assistance and accident forgiveness. If this is the case, find out how much additional fees will be and if they’re worthwhile.
  • Restrictions. Check your insurance to see if there are any exclusions that may leave you with coverage gaps or claim denials.
  • Manufacturer offer or loyalty discount. Obtain any manufacturer incentives or loyalty discounts from your dealership, and you may be eligible for lower car insurance rates.
  • Warranty. To prevent paying for redundant coverage, find out what your manufacturer’s or extended warranty covers.

Does the Honda Accord qualify for auto insurance discounts?

Accord’s safety and driver-assistance systems may help you avoid collisions or at least reduce the amount of damage they cause. While you may be able to get a discount on your car insurance if you have certain features installed, you may be able to get a better deal by installing features that enhance visibility or safety.

  • Anti-lock brake discount
  • Anti-theft discount
  • Passive restraint discount (airbags, motorized seat belts, etc.)
  • Emergency roadside assistance discount

Honda Accord safety & reliability ratings

The 2018 Honda Accord received a perfect 10/10 safety rating from U.S. News and J.D. Power. According to the NHTSA and IIHS, this vehicle has earned the top safety rating for 2018.

Compared to other cars in its class, the 2018 Honda Accord has a dependability rating of 4/5 stars from U.S. News and J.D. Power.

Although the Honda Accord debuted in 1976, it has been a top-selling model in the United States since 1989. Over 345,000 Honda Accords were sold in the U.S. in 2016. The Insurance Institute of Highway Safety named the 2017 model a Top Safety Pick+, while the National Highway Safety Administration gave it a 5-Star Overall Rating.

Honda Accord maintenance

Because the Accord is built for comfort and convenience, it will need less maintenance throughout its lifetime. Routine oil changes and component inspections may help prolong the life of your car and keep it running smoothly.

  • The Accord’s oil change schedule isn’t specified by Honda. In fact, the Maintenance Minder system, which alerts you when things like oil and other components need to be changed, is standard on all modern cars.
  • The Accord’s oil change should only cost $75-$125, however the price you pay may vary based on where you take your car for servicing. Dealerships, on average, charge more repair prices than independent garages.
  • To learn more about the Honda Accord’s maintenance plan, go to your local Honda dealer or refer to your owner’s handbook.

Is an extended warranty worth it for the Honda Accord?

There is a 36,000-mile Limited Vehicle Warranty standard on all new Hondas, and an additional 56,000-mile Limited Powertrain Warranty. In addition, if you install genuine Honda accessories when you buy a new car, they’re protected for three years or 36,000 miles after that. An unlimited-mile corrosion guarantee and 24-hour roadside assistance are included in the Accord’s package.

Vehicle Service Contracts (VSCs) are basically extended warranties offered by Honda. There are several advantages including rental vehicle reimbursement, concierge emergency services available around the clock, and more. Despite the fact that the Honda Accord is often regarded as a dependable automobile, these service plans may help you keep your car running well after the manufacturer’s warranty has expired.

Compare Honda competitors

Investigate Honda’s other models, or look at cars from other manufacturers that are comparable to the Accord.

Bottom line

Accord is Honda’s popular midsize sedan, and it offers a pleasant and quiet ride. Because it’s low-maintenance and packed with helpful safety and driver-assistance features, it’s a wonderful choice for many people.

A low-risk car like the Accord would hold up well in a collision, thus it stands to reason that insurance is so cheap for it. You may also be able to save money by comparing car insurance rates and discounts from several top companies. However, this is something to keep in mind.

For additional car insurance review, check out our review of Toyota Camry Insurance Rates.