Car Insurance Quotes for a Honda Accord

The average annual car insurance premium for a Honda Accord is about $1,872 for full coverage, which breaks down to an estimated monthly payment of $156. For those seeking just the state-required minimum liability coverage, the cost averages around $1,068 annually, or about $89 per month. Insurance rates can vary significantly based on where you live, your age, and several factors including your driving record, vehicle type, location, and credit history.

At Freeway, we specialize in helping drivers find cheap auto insurance coverages tailored to their unique situations. Whether you’re a new driver, have a clean record, or need options for high-risk circumstances, we offer affordable policies that fit all types of drivers and budgets. Our experienced agents work with you to explore coverage options, deductible amounts, and limits that best suit your needs, ensuring you get the best value without sacrificing protection. Get a personalized car insurance quote based on details about your vehicle and driving history, and discover how Freeway can help you save a bundle on your next policy.

Drivers have choices when it comes to coverages, ranging from state minimum liability coverage to full insurance and various optional packages. Understanding these types of auto insurance is essential to selecting the right protection for your needs and budget.

Full Coverage

This car insurance coverage typically includes collision and comprehensive protections, offering significantly more security than a basic state liability policy. Expect the cost of a full policy to be over $1,000 more annually, depending on factors like your deductible, liability limits, and eligibility for discounts. Raising your deductible from $500 to $1,000 can reduce collision and comprehensive premiums by 15% to 30%, while opting for lower deductibles or higher liability limits generally increases your policy’s price.

Collision helps pay for repairs to your own vehicle after a car accident, regardless of who is at fault. Comprehensive helps protect your vehicle from non-collision losses such as theft or natural disasters.

State Minimum Liability

Unlike full insurance, state minimum liability is a liability insurance policy that pays for damages in the event of an accident where you are at fault. This coverage helps cover the costs of bodily injury to others and property damage you cause with your vehicle. It does not cover any damage to your own car or medical expenses for you and your passengers.

Liability insurance is required by law in almost every state to ensure that drivers can pay for the harm they may cause to others. However, because it only covers damages to others, it often provides limited financial protection. Many drivers choose to purchase additional coverage beyond the state minimum to better protect themselves from costly claims and lawsuits.

Coverage types, minimums, and legal obligations vary by state, and drivers in most states should check their state requirements before they purchase a policy. For instance, Alabama residents are required to maintain a minimum bodily injury coverage of $25,000 per individual, $50,000 per incident, along with $25,000 for property damage liability. Conversely, drivers in Colorado must carry $25,000 per person for bodily injury, $50,000 per accident for bodily injury, and $15,000 for property damage liability.

Other Coverages Available

Drivers can choose from several additional car insurance coverage options, including GAP insurance, roadside assistance, uninsured motorist protection, and personal injury protection (PIP).

Some states, especially no-fault states like Kansas, require uninsured motorist (UM) coverage. Even if your state doesn’t mandate it, uninsured/underinsured motorist coverage is highly recommended, as it protects you in accidents involving drivers who lack sufficient insurance or are uninsured, including hit-and-run incidents. This coverage is particularly important if you live in states with higher rates of uninsured drivers in the USA.

GAP, or guaranteed asset protection, can make a difference if your relatively new or new sedan is totaled or stolen and you owe more than your insurer determines is the actual cash value (ACV). In the event of a total loss, Gap Insurance pays the difference between the car’s market value and the remaining loan or lease balance.

PIP is an additional medical plan, required in some states, such as Kentucky. Similar to MedPay, PIP helps cover many of the costs associated with a wreck, including medical expenses, when your – or the at-fault driver’s – bodily injury liability runs dry.

Roadside Assistance is your 24/7/365 help when something goes wrong, such as a flat tire, towing, lockout assistance, running out of gas, and minor engine issues.

Your Freeway agent can help you decide what protection you need and want.

All drivers with one or more DUI or DWIs on their records will undoubtedly see higher car insurance rates.

Other factors include how your insurance company classifies DUI drivers, the number of DUI offenses, and how much time has elapsed between the first and subsequent offenses; accidents, tickets, and DUIs from the past 3–5 years can all raise premiums and affect a future claim.

In some states, filing for SR-22 insurance is required. An SR-22 of a certification providing minimum liability reserved for drivers with DUI/DWI convictions. Failure to keep your certificate active will result in the resuspension of your driver’s license and registration.

Some carriers will not offer coverage to high-risk drivers, such as those convicted of DUI, so  drivers may need to shop around for some cheap DUI insurance.

Luckily, there are many ways drivers can lower auto coverage premiums and see potential savings through multi-policy, vehicle features, policy, and driver history car insurance discounts.