The Honda Accord’s yearly car insurance premiums are at $1310. That equals an average monthly cost of $109 in this case. The insurance costs for the Accord are about $209 cheaper than the average car’s for full coverage.
A liability-only policy will cost you roughly $525 a year, or $44 a month. Additionally, safe drivers gain from policy reductions and can save up to $540 annually. According to Expert Insurance Reviews, these figures.
The highest charges, which are roughly $4788 annually or $399 per month, are paid by teenagers who are deemed high-risk drivers.
Use this table to contrast the annual insurance costs for the Accord with those for rival sedans:
- $1480 for a Volkswagen Passat.
- Audi S4: $1588.
- MKZ Lincoln: $1636.
- Q50 by Infiniti: $1586.
- Accord Honda: $1310.
- WRX Subaru: $1360.
- $151 4 Chrysler 300.
In This Article...
Is Honda Accord’s insurance better?
The typical cost of Honda Accord auto insurance is $1,588 per year, or $132 per month. Aim for annual insurance costs for an Accord that are around $1 lower than the average for all midsize cars and $21 more than the $1,567 national average for all vehicles.
According to driver age and policy deductibles, the average Accord car insurance premiums may be seen changing in the accompanying graph. The costs listed range from $1,202 per year for a motorist age 60 with $1,000 in deductibles to the maximum cost of $3,706 per year for a driver age 20 with $250 in deductibles for an annual policy.
Why are agreements so pricey?
Due to a severe inventory shortfall at dealers around the nation, Hondas are pricey. Major production issues for the majority of automobile brands are the result of a shortage of semiconductor chips. In the instance of Honda, customers can discover that their preferred car is significantly more expensive than usual.
What is the cost of maintaining a Honda Accord?
Over the course of its first ten years of use, a Honda Accord will require roughly $5,412 in maintenance and repairs.
This is $1,684 more expensive than the industry average for popular sedan models. Additionally, there is a 15.57% likelihood that an Accord will need a significant repair within that time. Compared to similar vehicles in this sector, this is 5.93% better. The following graph shows how these expenses and the likelihood of repairs will rise over time.
Hondas are they expensive?
While Hondas typically start out as economical cars, in some cases these cars can soon become pricey. For instance, the Honda Accord starts at a fair $23,570, but a fully equipped one may cost just over $40,000. Even though the Accord is a fantastic vehicle, that kind of money is excessive for either a Honda or an Accord.
A fully equipped Civic Si can cost over $30,000, which is way too close to the Type-MSRP R’s despite the Type-R being much more powerful. The Honda Pilot can also be customized to the point where it will cost you more than $50,000. Although the Pilot is a decent car, there is no justification for spending that much money on one, especially because more thrilling and useful cars are available for that amount of money.
How much does insurance for a 2022 Honda Civic run?
Do you want to know how much insurance for a Honda Civic costs? On this page, we go into great detail about this particular subject and give you information about the cost of Honda Civic insurance for various models, years, and drivers.
While we go into great detail about Honda Civic auto insurance here, let’s get right to the point.
Honda Civic drivers will pay an average of $155 per month or $1,860 annually for auto insurance in 2022, which is nearly twice as much as the monthly national average. However, since your real cost might change depending on a variety of factors, like your driving history, annual mileage, region, and much more, your Honda Civic car insurance rates take these factors into account.
The average cost of auto insurance for Honda Civic adolescent drivers is significantly higher, costing $700 per month or $8,400 yearly for drivers under the age of 18. That is approximately five times the price of adult drivers’ insurance for a Honda Civic.
Please see the table below for additional information on Honda Civic insurance quotes for full coverage.
Why does insurance for Hondas cost more?
Honda Civic insurance costs somewhat rise as a result of the car’s comparatively high theft rates. Civics are more frequently stolen than less common vehicles, which makes sense given how common they are on the road. Due to the fact that you may utilize these parts in Civics of several model years, these vehicles also have high-value parts. Older Civics feature an ignition block that is simple for a burglar to break, but current versions have improved security.
Toyota or Honda, whose cost is lower?
Since Honda offers fewer models than Toyota, comparing prices side by side is not always fair. We have provided the base prices* for the Toyota and Honda models in the same classes to assist you understand the pricing. Toyota’s price range starts at $17,750 and goes up to nearly $85,000, while the Honda lineup is available from $16,000 to $37,000.
For these Toyota vehicles, Honda doesn’t have any direct rivals:
- $6,275 Toyota Avalon
- $50,000 Toyota Sequoia
- $85,665 Toyota Land Cruiser
- Tundra, Toyota $34,125
- $21,500 Toyota Prius C
* Price disclaimer: All quoted prices are suggested retail prices taken from the websites of the manufacturers and are accurate as of the publication date.
What is the most affordable vehicle to own and maintain?
According to numerous experts, the dependable Toyota Corolla has the lowest yearly maintenance expenditures of any vehicle on the road. The annual maintenance expenditures for a Corolla are approximately $350, though they will increase over time. Using Edmunds’ True Cost to Own calculator, maintenance costs are estimated to be as low as $40 in the first year and as much as $1,354 by the fifth.
Which costs more to insure, new or used cars?
Be sure to factor insurance costs into your decision to purchase a new car, especially if you intend to finance it. A new car may cost more to insure than an older one because of its value, repair costs, danger of theft, and other variables. If you finance your new automobile, your lender will probably insist that you carry more insurance than is legally required, which will raise your premiums. We’ll go over what to anticipate while purchasing new automobile insurance.
Are older cars cheaper to insure?
Yes, the majority of older vehicles are less expensive to insure, particularly for collision and comprehensive coverage. As cars age, their value decreases, which also affects the prospective insurance claims settlements. With a lot of historic or collector cars, this is not the case.
Should I have full coverage on a 15-year-old car?
The majority of the time, purchasing full coverage for an old vehicle isn’t a wise use of funds. In the event of an accident, you will probably receive the vehicle’s actual cash worth, which is typically not much more than the increased insurance premium.
Can I get full coverage on an old car?
An older vehicle is eligible for full coverage. Due to premiums that frequently approach or even exceed the value of the car, it might not be very worthwhile.
How much car insurance do I need for an older car?
Liability insurance and, in some areas, personal injury protection are typically the only types of insurance you require. Although it is frequently advised, full coverage has significantly lower financial value with an older vehicle.
Are Honda Accord vehicles dependable?
Honda Reliability Scores from Experts RepairPal: “The Honda Accord scores first out of 24 midsize automobiles with a reliability score of 4.5 out of 5.0. Its great ownership costs are reflected in the $400 average yearly repair cost.
Which is prettier, Accord or Civic?
The Honda Accord beats the Civic in this comparison thanks to its available hybrid drivetrain, roomier cabin, more potent engines, and bigger trunk. Although it isn’t as advanced or as modern as the Civic, for the vast majority of buyers, the added performance and size are preferable trade-offs.
A luxury vehicle is the Honda Accord?
Almost! The 2021 Honda Accord fulfills practically all requirements for a luxury vehicle. It offers a roomy cabin, a quiet and comfortable ride, and all the features you would expect from a luxury vehicle. However, in my opinion, the Accord is still beaten by a Lexus like the ES in terms of general plushness and style. However, the Lexus ES costs about $10,000 more than the Honda According Touring, which costs $37,000.
How durable are Honda Accords?
The benefits connected with the Honda brand are one of the factors contributing to the popularity of the Honda Accord. Purchasing a Honda is a smart move if you want a vehicle with a high average mile life. The first benefit of this brand is the lengthy vehicle lifespan.
In fact, Hondas are among the vehicles with the longest lifespans, according to Consumer Reports. Popular makes like the Honda Accord and Honda Civic have a lifespan of 200,000 to 300,000 miles if properly maintained. This indicates that you can drive these cars for 15 to 20 years under normal driving conditions.
The fact that Honda vehicles are dependable and durable is another benefit of the Honda brand. This is because their engines are well-built and they are simple to service. In addition, many owners decide to maintain their car in excellent condition while they own it due to the high resell value.
Are Honda Accords fuel-efficient?
The Honda Accord boasts remarkable fuel efficiency in every trim and generation. In order to accommodate various driving needs, it is available in both gas and hybrid models. For mixed driving circumstances, the hybrid version’s gas mileage can reach 48 mpg*.
Which Honda Accord model year is the best?
The 2011 Honda Accord is a secure vehicle that offers drivers excellent handling and stellar crash test results. The brake pedals are at the top of their game, with a distinct feel. The Japanese vehicle has a roomy interior and an EPA combined rating of 27 mpg. The front-wheel-drive vehicle has improved exterior style and five seats.
The mid-size 2019 Honda Accord has a quick steering system and a 2-liter turbo engine. The sedan delivers performance and comfort with a fantastic multi-media system and lots of fuel efficiency.
The Honda Accord from 2006 is our top choice. The dependable car has a V6 engine that accelerates quickly and smoothly and has responsive instrumentation.
simple to use, According to WVDOT, it had a ton of options for the consumer, including the choice between standard and hybrid models, 4-cylinder or V6, an optional navigation system, and Sedan & Coupe body types. The reliable model had a ton of customizing options, was reasonably priced, and had outstanding fuel efficiency.