Finding the cheapest auto insurance for a Honda Accord relies on a complicated rating formula that uses factors such as driver age, if you have a tendency to file claims, and violations on your driving record. Drivers pay approximately $996 annually for Accord insurance, but that is a projection using a 40-year-old single male driver with full coverage and $1,000 deductibles.
It’s more than likely you are not 40 years old and maybe not even male, maybe you are married instead of single, or maybe you want more liability coverage than is required by law in Texas. Different coverage needs are the reason why the only way to find the cheapest insurance price for your Honda is to do the rate comparisons yourself.
Your vehicle’s trim level has an effect on price, so the price you will be charged to insure a Accord LX 4-Dr Sedan will be $346 cheaper than the cost to insure the more expensive Accord EX-L 2-Dr Coupe trim level, as shown in the prices below.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Accord LX 4-Dr Sedan | $156 | $294 | $392 | $24 | $118 | $984 | $82 |
| Accord EX 4-Dr Sedan | $156 | $294 | $392 | $24 | $118 | $984 | $82 |
| Accord LX-P 4-Dr Sedan | $156 | $294 | $392 | $24 | $118 | $984 | $82 |
| Accord EX-L 4-Dr Sedan | $178 | $358 | $392 | $24 | $118 | $1,070 | $89 |
| Accord EX 2-Dr Coupe | $178 | $422 | $520 | $30 | $156 | $1,306 | $109 |
| Accord LX-S 2-Dr Coupe | $178 | $422 | $520 | $30 | $156 | $1,306 | $109 |
| Accord EX-L 2-Dr Coupe | $202 | $422 | $520 | $30 | $156 | $1,330 | $111 |
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Table data represents single male driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Texas minimum liability limits. Discounts applied include safe-driver, claim-free, multi-policy, multi-vehicle, and homeowner. Rates do not factor in zip code location which can influence price quotes considerably.
Finding out which company offers the best car insurance rates for a Honda Accord calls for a tad more effort than just getting one or two price quotes. Each insurer has a proprietary formula for setting prices, so we will examine the most budget-friendly car insurance companies in Texas.
It’s important to understand that San Antonio, TX car insurance rates are influenced by many factors that control the cost of your policy. Simply having a birthday, getting divorced, or getting into an accident can cause premium changes that can now make some companies cheaper than before.
Best Cheap Insurance Rates for Your Accord
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Travelers | $1,010 |
| 2 | USAA | $1,117 |
| 3 | Texas Farm Bureau | $1,211 |
| 4 | Germania Mutual | $1,282 |
| 5 | Esurance | $1,421 |
| 6 | California Casualty | $1,424 |
| 7 | State Farm | $1,510 |
| 8 | Mercury | $1,521 |
| 9 | Safe Auto | $1,565 |
| 10 | Nationwide | $1,600 |
| 11 | Allstate | $1,650 |
| 12 | Progressive | $1,715 |
| 13 | Amica | $1,723 |
| 14 | GEICO | $2,072 |
| 15 | Home State | $2,134 |
| 16 | MetLife | $2,249 |
| 17 | Encompass | $2,255 |
| 18 | Unitrin | $2,264 |
| 19 | 21st Century | $2,469 |
| 20 | Titan | $2,568 |
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Travelers normally has some of the cheapest car insurance rates in San Antonio at around $1,010 annually. USAA, Texas Farm Bureau, Germania Mutual, and Esurance would also be considered some of the cheaper San Antonio, TX insurance companies.
As the rates illustrate above, if you are currently insured with Germania Mutual and switched to Travelers, you might realize a yearly price reduction of upwards of $272. Customers with Esurance could save as much as $411 a year, and California Casualty insureds might reduce rates by $414 a year.
To find out how much you can save, click here to get a free quote or click through to the companies below.
Remember that these premiums are averages for all drivers and vehicles in Texas and and are not figured with a specific zip code for a Honda Accord. So the car insurance company that can offer the best rates for your situation may not even be in the top 23 companies in the list above. That points out the importance of why you need to compare rates from as many companies as possible using your own individual information.
Get discounts on San Antonio car insurance
Auto insurance companies that provide coverage for a Honda Accord may also offer premium discounts that may potentially lower prices by as much as 35% or more if you are eligible to receive them. Large car insurance companies and a partial list of their discounts can be found below.
- GEICO offers premium reductions for membership and employees, driver training, anti-theft, anti-lock brakes, emergency military deployment, military active duty, and seat belt use.
- Mercury Insurance may include discounts for professional/association, type of vehicle, annual mileage, multi-policy, and good driver.
- Farmers Insurance discounts include bundle discounts, electronic funds transfer, good student, teen driver, youthful driver, and switch companies.
- Auto-Owners Insurance may offer discounts for anti-lock brakes, group or association, safe vehicle, student away at school, anti-theft, teen driver, and company car.
- Liberty Mutual offers discounts for teen driver discount, new vehicle discount, multi-policy, good student, and hybrid vehicle.
- SAFECO offers discounts including homeowner, bundle discounts, drive less, multi-car, and teen safe driver.
- Progressive policyholders can earn discounts including multi-vehicle, multi-policy, good student, online quote discount, online signing, continuous coverage, and homeowner.
- USAA has discounts for vehicle storage, multi-policy, multi-vehicle, military installation, new vehicle, and good student.
The diagram below visualizes the comparison of auto insurance costs with and without discounts applied to the policy rates. The prices are based on a male driver, no accidents, no driving violations, Texas state minimum liability limits, comp and collision included, and $250 deductibles. The first bar for each age group shows the average annual price with no discounts. The second bar shows the rates with claim-free, multiple policy, accident-free, marriage, vehicle safety, and defensive driving course discounts applied. When drivers qualify for the discounts, theaverage yearly reduction on car insurance for a Honda Accord is 28% or $756.
Here’s why you should compare rates often
Texas car insurance rates are based on many factors that will increase or decrease the price you pay for coverage. Simply having another birthday, increasing deductibles, or getting a speeding ticket may prompt premium changes that can now make some companies cheaper than others. In addition, car insurance companies amend pricing every year or even multiple times each year to reflect underwriting profits or losses. A period of higher than normal claims can cause more expensive prices, while a lower level of claims may cause lower-priced Accord insurance rates.
The chart below shows which companies have the cheapest car insurance in San Antonio, TX for a 30-year-old male driver with no accidents, a clean driving record, and great credit. If we estimate rates based on his current risk factors, Travelers offers the best car insurance rates in San Antonio at $1,124 a year. This is $780 less than the average premium paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and California Casualty also make the list of the top five cheapest San Antonio, TX auto insurance companies.
Now let’s give the driver from above an at-fault accident, bad credit, and a stop sign violation. Since every car insurance company has their own unique process to set policy rates, comparing prices may now present a different ranking of affordable companies as shown below.
State Farm now has the lowest car insurance rate in San Antonio, TX with USAA, Mercury, Nationwide, and Safe Auto also having competitive pricing. This shows why consumers need to take the time to perform an extensive rate comparison when trying to find the lowest auto insurance rates for a Honda Accord. Insurance prices are impacted by many risk factors and can change without notice, so the most economical option when you bought your policy may now be one of the higher cost companies.
The agents listed below can probably answer your questions and help you decide which car insurance company is the best fit, since some drivers have questions and prefer to have professional advice when comparing insurance rates for an Accord. It can be difficult to find the cheapest rates, so agents can provide you satisfaction knowing your coverage gives you adequate asset protection.
To find an auto insurance agency near you, click the button at the bottom of the list.
- Rivers Schara – State Farm Insurance Agent
1775 Encino Rio Boulevard – San Antonio, TX 78259 – (210) 496-9533 - Deserae Navarro – State Farm Insurance Agent
5975 Bandera Rd – San Antonio, TX 78238 – (210) 647-7975 - Ryan Meier – State Farm Insurance Agent
8015 Bandera Rd #102 – San Antonio, TX 78250 – (210) 680-6557