Cheapest 2000 Honda Accord Insurance Rates in 2024

Enter your zip code below to view companies that have cheap auto insurance rates.

Jeffrey Johnson

Insurance Lawyer

Jeffrey Johnson is a legal writer with a focus on personal injury. He has worked on personal injury and sovereign immunity litigation in addition to experience in family, estate, and criminal law. He earned a J.D. from the University of Baltimore and has worked in legal offices and non-profits in Maryland, Texas, and North Carolina. He has also earned an MFA in screenwriting from Chapman Univer...

Insurance Lawyer

UPDATED: Jun 2, 2023

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident car insurance decisions. Comparison shopping should be easy. We are not affiliated with any one car insurance provider and cannot guarantee quotes from any single provider.

Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.

Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.

Looking for the cheapest insurance rates for your Honda Accord? Saving money on insurance is always nearly impossible for consumers new to comparison shopping online. There are so many options that it can turn into a big hassle to locate the lowest price.

Smart consumers take time to check insurance prices periodically due to the fact that insurance rates tend to go up over time. Despite the fact that you may have had the lowest rates for Accord insurance six months ago you can probably find a better price now. Block out anything you think you know about insurance because we’re going to demonstrate how to use online quotes to reduce your cost while improving coverage.

Factors determining your Honda Accord insurance premium

An important part of buying insurance is that you know the factors that go into determining car insurance rates. When you know what positively or negatively impacts premium levels enables informed choices that could result in better car insurance rates.

Listed below are a few of the “ingredients” car insurance companies consider when setting premiums.

  • Rural vs Urban Areas – Being located in small towns and rural areas can be a good thing when it comes to car insurance. Drivers who live in large cities regularly have much more traffic and longer commute times. Fewer people means fewer accidents and a lower car theft rate.
  • Small claims can cost you – Companies provide better rates to insureds who do not file claims often. If you are a frequent claim filer, you can expect either a policy non-renewal or much higher rates. Your insurance policy is designed for the bigger claims that can’t be paid out-of-pocket.
  • How’s your driving record? – Drivers with clean records tend to pay less for car insurance compared to drivers with tickets. Only having one citation may increase your cost twenty percent or more. Drivers with flagrant tickets such as hit and run, DWI or reckless driving convictions are required to file a proof of financial responsibility form (SR-22) to the state department of motor vehicles in order to keep their license.
  • Bump up deductibles to save – Deductibles for physical damage define the amount you are willing to pay if you file a covered claim. Physical damage coverage, termed comprehensive and collision coverage on your policy, is used to repair damage to your car. A few examples of covered claims are running into the backend of another car, collision with an animal, and rolling your vehicle. The more money you have to pay, the less your company will charge you for insurance for Accord insurance.
  • Rates may be lower depending on your job – Occupations like doctors, social workers and stock brokers are shown to have the highest rates because of high stress and long work days. On the other hand, occupations like pilots, students and retirees pay the least for Accord insurance.
  • Higher safety ratings means cheaper insurance – Safer cars are cheaper to insure. Safer cars result in less severe injuries and any reduction in injury severity translates into savings for insurance companies and more competitive rates for policyholders. If the Honda Accord has ratings of a minimum an “acceptable” rating on the Insurance Institute for Highway Safety website it may be receiving lower rates.

Pay less for 2000 Honda Accord insurance

Car insurance companies don’t always publicize every available discount very well, so here is a list some of the more common and also the lesser-known savings tricks you should be using.

  • Good Students Pay Less – A discount for being a good student can earn a discount of 20% or more. This discount can apply up until you turn 25.
  • Multiple Policy Discount – If you have multiple policies with one insurance company you may earn at least 10% off all policies.
  • College Student – Kids in college who are attending college and do not have a car can receive lower rates.
  • Drivers Education – Make teen driver coverage more affordable by requiring them to successfully complete driver’s ed class in high school.
  • No Charge for an Accident – Certain companies allow you one accident without raising rates so long as you haven’t had any claims for a set time period.
  • No Accidents – Drivers with accident-free driving histories can earn big discounts compared to frequent claim filers.

Drivers should understand that most discount credits are not given to the overall cost of the policy. Most cut specific coverage prices like liability and collision coverage. Just because it seems like it’s possible to get free car insurance, you’re out of luck.

For a list of insurance companies with the best insurance coverage discounts, click here to view.

Do drivers who switch really save $393 a year?

Insurance coverage companies such as Allstate and Progressive continually stream ads on television and other media. They all seem to have a common claim of big savings after switching to their company. How can each company make the same claim? It’s all in the numbers.

Insurance companies have a preferred profile for the type of customer that makes them money. A good example of a preferred risk could be between 25 and 40, has no prior claims, and chooses high deductibles. A customer who matches those parameters receives the best rates and as a result will probably save a lot of money.

Consumers who don’t qualify for this ideal profile must pay a more expensive rate and this can result in business not being written. The ads say “drivers who switch” not “everyone that quotes” save that much. That is how companies can truthfully claim big savings. This illustrates why it is so important to compare many company’s rates. It’s not possible to predict which insurance companies will provide you with the cheapest Honda Accord insurance rates.

Free Auto Insurance Comparison

Enter your zip code below to view companies that have cheap auto insurance rates.

secured lock Secured with SHA-256 Encryption

Tailor your coverage to you

When buying adequate coverage, there really is not a one size fits all plan. Everyone’s situation is a little different.

Here are some questions about coverages that can aid in determining if you might need an agent’s assistance.

  • Is upholstery damage covered by car insurance?
  • How can I force my company to pay a claim?
  • Am I covered if my car is in a flood?
  • Do I have newly-acquired coverage?
  • Is a blown tire covered by insurance?
  • How many claims can I have before being canceled?
  • Am I covered by my employer’s commercial auto policy when driving my personal car for business?

If you’re not sure about those questions, you may need to chat with an agent. To find lower rates from a local agent, simply complete this short form.

Auto insurance coverage information

Having a good grasp of your policy can be of help when determining the best coverages at the best deductibles and correct limits. Policy terminology can be confusing and reading a policy is terribly boring.

Comprehensive car insurance

This covers damage OTHER than collision with another vehicle or object. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for claims like rock chips in glass, hail damage and hitting a bird. The highest amount a car insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Coverage for medical expenses

Personal Injury Protection (PIP) and medical payments coverage kick in for expenses like funeral costs, EMT expenses and chiropractic care. They can be used to fill the gap from your health insurance plan or if there is no health insurance coverage. They cover all vehicle occupants and also covers being hit by a car walking across the street. PIP coverage is not an option in every state and may carry a deductible

Coverage for uninsured or underinsured drivers

This provides protection when other motorists are uninsured or don’t have enough coverage. Covered claims include injuries sustained by your vehicle’s occupants and damage to your Honda Accord.

Since many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is very important.

Collision protection

Collision coverage pays for damage to your Accord from colliding with another car or object. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for things such as damaging your car on a curb, colliding with another moving vehicle and sideswiping another vehicle. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. It’s also possible to raise the deductible in order to get cheaper collision rates.

Liability car insurance

Liability coverage will cover injuries or damage you cause to other people or property that is your fault. It protects you from claims by other people, and does not provide coverage for your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see policy limits of 50/100/50 that translate to a $50,000 limit per person for injuries, a total of $100,000 of bodily injury coverage per accident, and a limit of $50,000 paid for damaged property.

Liability insurance covers claims such as loss of income, repair costs for stationary objects, medical expenses, legal defense fees and emergency aid. The amount of liability coverage you purchase is your choice, but consider buying higher limits if possible.

Summing up your car insurance search

As you go through the steps to switch your coverage, do not buy lower coverage limits just to save a few bucks. There are many occasions where someone dropped full coverage only to discover later they didn’t have enough coverage. Your strategy should be to buy the best coverage you can find at a price you can afford, not the least amount of coverage.

We just presented quite a bit of information on how to get a better price on 2000 Honda Accord insurance. The key concept to understand is the more rate quotes you have, the better your chances of lowering your rates. Consumers could even find that the most savings is with a small mutual company.

Low-cost insurance is possible both online and also from your neighborhood agents, and you should be comparing both to have the best rate selection. Some insurance companies may not provide online price quotes and most of the time these smaller companies sell through independent agents.

More detailed car insurance information can be read in the articles below:

Use our FREE quote tool to compare rates now!

Frequently Asked Questions

What factors determine the cost of insurance for a 2000 Honda Accord?

Several factors influence the cost of insurance for a 2000 Honda Accord. These factors typically include the driver’s age, driving history, location, coverage options selected, deductibles chosen, and the overall condition of the vehicle.

How can I find the cheapest insurance for my 2000 Honda Accord?

To find the most affordable insurance for your 2000 Honda Accord, it is recommended to follow these steps:

  1. Shop around and compare quotes from multiple insurance providers.
  2. Maintain a clean driving record and consider taking defensive driving courses to potentially qualify for discounts.
  3. Opt for a higher deductible if you can afford to pay more out of pocket in the event of a claim.
  4. Look for available discounts such as multi-policy, safe driver, or good student discounts that may be applicable to you.

Are there any specific insurance companies that offer cheaper rates for a 2000 Honda Accord?

Insurance rates can vary among different insurance companies, so it’s always a good idea to obtain quotes from multiple providers. Some insurance companies that are often recognized for providing competitive rates include GEICO, Progressive, State Farm, and Allstate. However, it’s important to compare quotes and coverage options to find the best fit for your specific needs.

What coverage options should I consider for my 2000 Honda Accord to keep the costs down?

While the specific coverage needs may vary for each individual, here are a few options that may help keep insurance costs down for a 2000 Honda Accord:

  • Liability coverage: This is the minimum required coverage in most states and helps cover costs if you’re at fault in an accident.
  • Collision coverage: This covers damages to your vehicle resulting from a collision, regardless of fault.
  • Comprehensive coverage: This protects against non-collision incidents such as theft, vandalism, or natural disasters.
  • Evaluate your coverage limits and deductibles to find a balance that suits your budget.

Does the age of my 2000 Honda Accord affect the insurance rates?

Generally, older vehicles like the 2000 Honda Accord tend to have lower insurance rates compared to newer models. However, factors such as the condition of the vehicle, its safety features, and its likelihood of being stolen can still influence the insurance premium.

Can I reduce my insurance premium by installing safety features in my 2000 Honda Accord?

Yes, installing safety features in your 2000 Honda Accord may help reduce your insurance premium. Features like anti-lock brakes, airbags, and security systems can lower the risk of accidents or theft, potentially making you eligible for discounts with certain insurance providers.

How can my driving history affect the insurance rates for my 2000 Honda Accord?

Your driving history plays a significant role in determining insurance rates. If you have a clean driving record with no accidents or traffic violations, you may qualify for lower insurance premiums. On the other hand, a history of accidents, speeding tickets, or other infractions may result in higher rates.

Are there any insurance discounts available specifically for a 2000 Honda Accord?

While there are no specific discounts exclusive to a 2000 Honda Accord, you may still be eligible for general discounts provided by insurance companies. These can include multi-policy discounts, safe driver discounts, good student discounts (if applicable), or discounts based on your occupation. It’s always best to inquire with your insurance provider about available discounts.

Free Auto Insurance Comparison

Enter your zip code below to view companies that have cheap auto insurance rates.

secured lock Secured with SHA-256 Encryption

You May Also Enjoy These Articles