2014 Honda Accord Insurance Rates
Average insurance rates for a 2014 Honda Accord are $1,256 a year including full coverage. Comprehensive costs approximately $226 each year, collision insurance costs $430, and liability costs around $442. Buying a liability-only policy costs as low as $496 a year, and high-risk insurance costs around $2,734. Teenage drivers receive the highest rates at up to $4,866 a year.
Annual premium for full coverage: $1,256
Rate estimates for 2014 Honda Accord Insurance
Rate data is compiled from all 50 U.S. states and averaged for all 2014 Honda Accord models. Rates are based on a 40-year-old male driver, $500 comprehensive and collision deductibles, and a clean driving record. Remaining premium consists of UM/UIM coverage, Medical/PIP, and policy fees.
Price Range by Coverage and Risk
For a driver in their 40's, prices range range from as low as $496 for only liability insurance to a high rate of $2,734 for a driver who has had serious violations or accidents.
These differences highlight why all drivers should compare prices using their specific location and risk profile, instead of using average rates.
Use the form below to get rates for your location.
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Recommended Companies for Cheap 2014 Honda Accord Insurance
Buyers have a choice when searching for the best price on Honda Accord insurance. You can either spend your time contacting agents trying to get quotes or use the internet to compare rates.
There is a right way and a wrong way to buy car insurance so we’re going to tell you the quickest way to price shop coverage on a Honda and find the lowest possible price.
The purpose of this post is to introduce you to how to effectively get price quotes and some tips to save money. If you currently have car insurance, you stand a good chance to be able to reduce your rates substantially using this strategy. Drivers just need to understand the proper methods to shop online.
Free Insurance Quotes
Lowering your 2014 Honda Accord insurance rates can be quick and easy. The only requirement is to take the time getting comparison quotes provided by online insurance companies. This can be done using a couple different methods.
Recommended Companies for the Best Insurance Rates
The recommended way to get quotes is an all-inclusive rate comparison click to view form in new window. This method keeps you from doing boring form submissions to each individual insurance company. Completing one form compares rates from multiple companies. Just one form and you’re done.
A harder way to get quotes online requires you to visit the website for every company you want to comare and fill out their own quote form. For sake of this example, we’ll assume you want comparison quotes from GEICO, Safeco and State Farm. To find out each rate you need to visit each site to input your insurance information, and that’s why the first method is more popular. For a handy list of car insurance company links in your area, click here.
It’s up to you which method you use, but ensure you are comparing identical coverage information with every price quote. If you enter mixed coverages it will be very difficult to decipher which rate is best.
Do you qualify for these eight discounts?
Insuring your vehicles can cost a lot, but you can get discounts to help bring down the price. A few discounts will automatically apply when you quote, but a few must be specially asked for before you get the savings. If they aren’t giving you every credit you deserve, you are throwing money away.
- Discount for Life Insurance – Some companies give a break if you buy life insurance.
- Early Signing – A few companies offer discounts for buying a policy prior to your current policy expiration. This can save 10% or more.
- New Car Discount – Buying coverage on a new vehicle can save up to 30% since new cars are generally safer.
- Passive Restraint Discount – Factory air bags may earn rate discounts of 20% or more.
- Pay Now and Pay Less – If you pay your entire premium ahead of time instead of making monthly payments you can actually save on your bill.
- Own a Home – Owning a home can save you money because maintaining a house requires personal responsibility.
- Senior Citizens – Older drivers can possibly qualify for a discount up to 10% for Accord coverage.
- Multi-car Discount – Buying coverage for more than one vehicle on the same auto insurance policy may reduce the rate for each vehicle.
Drivers should understand that most discount credits are not given to your bottom line cost. Some only reduce specific coverage prices like physical damage coverage or medical payments. Just because it seems like you can get free auto insurance, it just doesn’t work that way. Any qualifying discounts will reduce your overall premium however.
Car insurance companies that may offer these money-saving discounts may include but are not limited to:
Check with each company which discounts you may be entitled to. Some discounts may not be available in your area.
Don’t assume everyone needs the same coverage
When choosing the right insurance coverage for your personal vehicles, there isn’t really a one size fits all plan. Coverage needs to be tailored to your specific needs.
For example, these questions may help you determine whether you could use an agent’s help.
- I have a DUI can I still get coverage?
- What companies insure drivers after a DUI or DWI?
- Will filing a claim cost me more?
- Do I need more liability coverage?
- Am I covered when using my vehicle for business?
- What is the minimum liability in my state?
- Are rock chip repairs covered?
- Do I need replacement cost coverage on my 2014 Honda Accord?
- Who is covered by my policy?
- Does insurance cover tools stolen from my truck?
If you can’t answer these questions but one or more may apply to you, you may need to chat with an agent. If you don’t have a local agent, simply complete this short form. It’s fast, doesn’t cost anything and you can get the answers you need.
Car insurance coverages for a Honda Accord
Understanding the coverages of your insurance policy can help you determine the right coverages for your vehicles. The terms used in a policy can be difficult to understand and coverage can change by endorsement.
This coverage will pay to fix damage to your Accord from colliding with another vehicle or an object, but not an animal. You have to pay a deductible then your collision coverage will kick in.
Collision insurance covers claims such as colliding with another moving vehicle, backing into a parked car, damaging your car on a curb and crashing into a ditch. Collision coverage makes up a good portion of your premium, so consider removing coverage from older vehicles. You can also raise the deductible to save money on collision insurance.
Medical expense coverage
Med pay and PIP coverage kick in for bills for EMT expenses, hospital visits, ambulance fees, nursing services and pain medications. They are used to fill the gap from your health insurance plan or if you do not have health coverage. Coverage applies to all vehicle occupants in addition to if you are hit as a while walking down the street. PIP coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage
This provides protection from injuries or damage you cause to a person or their property in an accident. It protects you against other people’s claims. It does not cover damage sustained by your vehicle in an accident.
It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show liability limits of 100/300/100 which stand for $100,000 bodily injury coverage, a limit of $300,000 in injury protection per accident, and a total limit of $100,000 for damage to vehicles and property. Alternatively, you may have a combined single limit or CSL which combines the three limits into one amount and claims can be made without the split limit restrictions.
Liability can pay for claims such as medical expenses, repair bills for other people’s vehicles and attorney fees. The amount of liability coverage you purchase is up to you, but you should buy as much as you can afford.
Uninsured or underinsured coverage
Your UM/UIM coverage provides protection when other motorists either are underinsured or have no liability coverage at all. Covered losses include hospital bills for your injuries as well as your vehicle’s damage.
Since a lot of drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is a good idea. Most of the time these limits are identical to your policy’s liability coverage.
Comprehensive insurance coverage pays for damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive insurance covers claims such as falling objects, damage from a tornado or hurricane, rock chips in glass, hitting a deer and hail damage. The maximum amount you’ll receive from a claim is the market value of your vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.
Be a smart shopper
As you shop your coverage around, make sure you don’t buy less coverage just to save a little money. In many cases, consumers will sacrifice comprehensive coverage or liability limits only to regret that saving that couple of dollars actually costed them tens of thousands. The ultimate goal is to find the BEST coverage at an affordable rate.
Cheaper 2014 Honda Accord insurance can be bought online and with local insurance agents, so compare prices from both in order to have the best chance of saving money. Some insurance companies do not offer the ability to get a quote online and usually these regional insurance providers provide coverage only through local independent agents.
You just read some good ideas how you can compare insurance prices online. The key thing to remember is the more rate comparisons you have, the higher your chance of finding lower rates. You may even discover the lowest rates come from some of the lesser-known companies.
More tips and info about auto insurance is available in the articles below:
- Anti-Lock Brake FAQ (iihs.org)
- Child Safety Seats (Insurance Information Insitute)
- Uninsured Motorists: Threats on the Road (Insurance Information Insitute)
- Rental Reimbursement Coverage (Allstate)
Find the Cheapest Quotes in Your Area
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Rates by U.S. City
|New York City, NY||$1,989|
|Los Angeles, CA||$2,148|
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Need a specific model?
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Rates by Driver Age
Full coverage, $500 deductibles
Rates by Deductible
Full coverage, driver age 40
Rates by Liability Limit
Full coverage, driver age 40
Rates for High Risk Drivers
Full coverage, $500 deductibles, two speeding tickets, and one at-fault accident
If a financial responsibility filing is required, the additional charge below may also apply.
Potential Rate Discounts
If you qualify for discounts, you may save the amounts shown below.
|5-yr Accident Free||$89|
|5-yr Claim Free||$81|
|Paid in Full/EFT||$54|
Discounts are estimated and may not be available from every company or in every state.