2018 Honda Accord Insurance Rates
Average insurance rates for a 2018 Honda Accord are $1,248 a year with full coverage. Comprehensive costs around $266, collision insurance costs $476, and liability insurance costs around $354. Buying a liability-only policy costs as low as $416 a year, and high-risk insurance costs around $2,688. Teen drivers receive the highest rates at up to $4,644 a year.
Annual premium for full coverage: $1,248
Rate estimates for 2018 Honda Accord Insurance
Rate data is compiled from all 50 U.S. states and averaged for all 2018 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 middle-aged driver, prices range range from as low as $416 for just liability coverage to a much higher rate of $2,688 for a high risk driver.
These differences demonstrate why anyone shopping for car insurance should compare prices for a specific zip code and risk profile, rather than relying on price averages.
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Recommended Companies for Cheap 2018 Honda Accord Insurance
Trying to find cheaper insurance coverage rates for your Honda Accord? Car owners not familiar with comparing insurance coverage prices on the web could find sourcing cheap car insurance is more work than they anticipated.
How to compare auto insurance quotes
When shopping for low cost car insurance quotes, there are a couple of ways to get quotes from local auto insurance companies. The quickest method to find cheaper Honda Accord rates is to perform an online rate comparison. This can be done in a couple minutes as outlined below.
- The simplest way to find low rates is an all-inclusive rate comparison like this one (opens in new window). This method eliminates the need for boring form submissions for every auto insurance company. Taking the time to complete one form will return price quotes from auto insurance companies with the best prices. This is by far the quickest method.
- A slightly less efficient method to find lower rates is to manually visit the website for each individual company and fill out a new quote form. For example, we’ll pretend you want to compare rates from State Farm, Progressive and Travelers. To find out each rate you need to take the time to go to each site to input your insurance information, and that explains why we recommend the first method.
For a handy list of car insurance company links in your area, click here.
- The final way of comparing rate quotes is to spend time driving to all the different insurance agencies. The internet reduces the need to sit down with an agent unless you want the professional advice that only a licensed agent can provide. Although you can price shop your coverage online and have a local agent actually service the policy.
However you get your quotes, make absolute certain that you use identical coverage data on every quote. If you use different deductibles it’s impossible to determine which rate is truly the best. Having just a slight variation in insurance coverages or limits could skew the results. And when comparison shopping, comparing all the rates in your area helps locate better pricing. Some regional insurers cannot provide price estimates online, so it’s necessary to compare price quotes from them, too.
Will just any policy work for me?
When it comes to choosing proper insurance coverage for your vehicles, there is no cookie cutter policy. Everyone’s situation is a little different.
Recommended Companies for the Best Insurance Rates
These are some specific questions might help in determining whether your personal situation might need an agent’s assistance.
- Is rental equipment covered for theft or damage?
- Where can I find DUI or SR-22 insurance?
- Does car insurance cover theft of personal property?
- How high should deductibles be on a 2018 Honda Accord?
- What is an SR-22 filing?
- Is my nanny covered when driving my vehicle?
If you’re not sure about those questions but a few of them apply, then you may want to think about talking to an agent. To find an agent in your area, take a second and complete this form.
Insurance policy coverages for a 2018 Honda Accord
Understanding the coverages of your insurance policy can help you determine the best coverages for your vehicles. Policy terminology can be confusing and nobody wants to actually read their policy.
Coverage for liability
Liability insurance will cover damages or injuries you inflict on other’s property or people in an accident. This insurance protects YOU from legal claims by others. It does not cover damage to your own property or vehicle.
Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have values of 50/100/50 that translate to $50,000 in coverage for each person’s injuries, a total of $100,000 of bodily injury coverage per accident, and property damage coverage for $50,000.
Liability can pay for things like pain and suffering, repair bills for other people’s vehicles and attorney fees. How much liability should you purchase? That is up to you, but you should buy higher limits if possible.
Uninsured Motorist or Underinsured Motorist insurance
This provides protection from other drivers when they either have no liability insurance or not enough. Covered losses include injuries to you and your family as well as your vehicle’s damage.
Due to the fact that many drivers only carry the minimum required liability limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages should not be overlooked.
Insurance for medical payments
Med pay and PIP coverage provide coverage for bills like ambulance fees, surgery, rehabilitation expenses and dental work. They can be used in conjunction with a health insurance policy or if you lack health insurance entirely. Medical payments and PIP cover you and your occupants as well as getting struck while a pedestrian. PIP coverage is not available in all states and gives slightly broader coverage than med pay
Coverage for collisions
This coverage covers damage to your Accord from colliding with an object or car. You will need to pay your deductible then the remaining damage will be paid by your insurance company.
Collision insurance covers things like hitting a mailbox, sideswiping another vehicle, sustaining damage from a pot hole, hitting a parking meter and colliding with another moving vehicle. Collision coverage makes up a good portion of your premium, so consider removing coverage from lower value vehicles. You can also increase the deductible to get cheaper collision coverage.
Comprehensive coverage (or Other than Collision)
Comprehensive insurance coverage covers damage OTHER than collision with another vehicle or object. You first have to pay a deductible then your comprehensive coverage will pay.
Comprehensive can pay for things like damage from flooding, falling objects, hitting a deer, vandalism and rock chips in glass. The maximum payout a insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.
Find the Cheapest Quotes in Your Area
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Rates by U.S. City
|New York City, NY||$2,430|
|Los Angeles, CA||$2,100|
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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||$91|
|5-yr Claim Free||$80|
|Paid in Full/EFT||$57|
Discounts are estimated and may not be available from every company or in every state.