Is a Honda Accord cheap to insure?
Asked by: Meta Gerlach | Last update: August 2, 2023Score: 4.3/5 (39 votes)
Car insurance rates for the Honda Accord are about $1310 annually. That comes out to about $109 per month on average. Compared to the average vehicle, the Accord's insurance rates are approximately $209 less for full coverage. If you opt for a liability-only policy, expect to pay about $525 annually or $44 each month.
Are Honda Accord expensive to insure?
The average cost of insuring a Honda Accord is $1,234 per year. This is $193 less than the average cost across every car model. Honda Accord insurance costs can change by as much as $478 per year based on the company you choose. You can save money by shopping around.
Why do Hondas cost more to insure?
The cost to insure a Honda Civic increases a bit because of the vehicle's relatively high theft rates. However, because there are so many Civics on the road, it makes sense that they are stolen more often than less ubiquitous cars.
How much does it cost to insure a 2022 Honda Accord?
Your information is secure. We pulled car insurance quotes from top insurance companies to find that the average monthly cost to insure a Honda Accord is $175.64 — or $2,107.65 a year. However, your actual costs depend on your driving history, vehicle model, residential location and other factors.
Why are Honda Accords so expensive?
Hondas are expensive because of a worsening inventory shortage at dealers across the country. A lack of semiconductor chips has resulted in major production problems from most car brands. In the case of Honda, consumers may find their favorite vehicle to be considerably more expensive compared to normal prices.
HOW MUCH DO I PAY FOR MY CAR + INSURANCE
How much does it cost to maintain a Honda Accord?
Honda Accord Maintenance Costs
A Honda Accord will cost about $5,412 for maintenance and repairs during its first 10 years of service. This beats the industry average for popular sedan models by $1,684. There is also a 15.57% chance that an Accord will require a major repair during that time.
Are Hondas expensive?
While Hondas usually start as affordable vehicles, these cars can quickly become expensive in some instances. The Honda Accord, for example, starts at a reasonable $23,570, but a loaded model can cost just over $40,000. While the Accord is a good car, that's a lot of money for a Honda, let alone an Accord.
Do Honda Civics have high insurance?
Honda Civic 2020 insurance rates: The average 2020 Honda Civic insurance cost is $1,800 per year or $185 per month for full coverage .
Is it expensive to insure a Honda Civic?
The average cost to insure a 2020 Honda Civic is $1,414 per year.
Is it cheaper to insure a Honda or Toyota?
According to our data, insurance premiums on Toyotas are a little cheaper than Hondas. The average annual premium for a Toyota is $2,616, while for Hondas it is $2,800.
Is Toyota more expensive than Honda?
Hondas may not beat out a Toyota when it comes to the cost of ownership for a 10-year period. It still comes in the top 10 least expensive vehicles to own long-term. Toyota, however, places third on that list with much cheaper repair costs, and has an even better reputation for reliability.
Are white cars cheaper on insurance?
Based on this, vehicles that are white or black are likely to cost more to insure, since they are more in demand colors. The color of your car can indirectly affect insurance rates in other ways too. Some vehicles are less likely to be stolen.
Is Honda CRV expensive to insure?
The average insurance for a Honda CR-V costs only $1,099 per year, compared to $1,427 for the average car model. Honda CR-V insurance costs can change by as much as $461 per year, depending on the company.
Why is Honda Civic so popular?
The Honda Civic is popular because it's a dependable and fuel-efficient model that comes in a range of body styles and trim levels. The Civic has won numerous accolades throughout the years, making it a popular option for those searching for a high-quality automobile.
Is Honda Accord a good car?
The Honda Accord is rated as one of the most reliable mid size cars on the market. This is not a one-time anomaly… The Honda Accord has been rated high in reliability year after year. It has been one of the best selling family-sized vehicles for over 15 years straight.
What is the cheapest Honda car?
Least Expensive: The Civic LX sedan is Honda's least expensive, along with the front-wheel-drive HR-V LX SUV. Both are priced in the $22,000 range.
Is Honda cheap to maintain?
Is a Honda expensive to maintain? No, Honda cars are not expensive to maintain. According to RepairPal, Honda owners pay about $428 per year for maintenance and repairs. This is much cheaper than the industry average of $652 per year.
What is the lifespan of a Honda Accord?
In fact, according to Consumer Reports, Hondas are one of the vehicles that last the longest. If they're maintained properly, popular models such as Honda Accords and Honda Civics can last between 200,000 to 300,000 miles. With usual car usage, this means that you can use these cars for 15 to 20 years.
Is Honda Accord a high maintenance car?
Accord engine is a gem, it's very low on maintenance at least for first 1.5 lakhs of kms.
How many miles can a Honda Accord last?
How Long Can a Honda Accord Last? A Honda Accord has the potential to last for 200,000 miles if it's cared for properly, even if it's an old Honda Accord like the models in our used inventory. Consumer Reports has claimed that Accord is one of the vehicles most likely to do so.
Why do people love Honda Accords?
1. You're reliable, just like your car. You value getting to your destination on time and without any surprises. Honda drivers are practical, thoughtful, and down-to-earth — and carefully choose vehicles they know won't let them down.
Do Honda hold their value?
Honda was proudly awarded five Kelley Blue Book Best Resale Value Awards in 2019 for every category for every vehicle type that the brand produces including: Best Resale Value: Hybrid Car, Honda Insight. Best Resale Value: Compact Car, Honda Civic.