2023 Honda Accord Car Insurance Calculator

Discover and learn how changes to driver risk factors and vehicle options impact car insurance rates for a 2023 Honda Accord. Modify options like driving violations, coverage levels, and mileage driven to see their impact. Immediately discover if the choice you make has an impact on rates and why.

The average estimated car insurance premium for a 2023 Honda Accord is $2,304 per year, or about $192 per month. This is based on a 40-year-old male driver with no prior driving violations or at-fault accidents. Comprehensive and collision deductibles are $500 and Uninsured and Underinsured Motorist (UM/UIM) coverage is included.

Annual Premium

$2,304

Cost Per Month

$192

The Annual Premium and Cost Per Month change instantly as you adjust calculator options.

If you change a factor that results in a higher insurance cost, the rates turn red. If you adjust a factor that saves money, the rates turn green. For a detailed explanation of each rate change, click the blue button above.

Quick Guide to Using the Insurance Rate Calculator

  1. Update Options: Adjust any settings in the form below.
  2. Observe Rate Changes: Watch how the Annual Premium at the bottom of the page changes.
  3. Get Detailed Insights: Click the blue up arrow button for an explanation of the rate change.

Key Features:

Honda Accord Options

Driver Options

Insurability Factors

Policy Coverages

Calculated vs. Average Rate

Discover how your personalized car insurance rate compares to the average annual premium for a 2023 Honda Accord.

As you adjust the calculator settings, the 'Your Rate' value dynamically shifts left or right on the rate range bar. This movement visually demonstrates how your rate compares to the typical insurance cost for this vehicle model.

For continuous comparison while you explore different settings, you have the option to pin this rate range bar to the bottom of your screen.

$2,304
Average Rate
Your Rate
$2,304

The 'Average Rate' is calculated based on default options for a typical driver profile: a 40-year-old married male with good credit, no prior accidents or violations, current car insurance coverage, and homeownership. The coverage includes collision and comprehensive coverage with $500 deductibles, liability limits of 100/300/100, and includes Uninsured/Underinsured Motorist and Medical Payments coverages.

The 'Average Rate' is a combined value for all 2023 Honda Accord trim levels.

Insurance Rate Analysis

Your personalized insurance analysis will appear below after modifying any options in the calculator settings above.

Based on the default settings in the calculator options, the annual premium for a 2023 Honda Accord is $2,304.

After making any changes in the calculator settings, this section will explain the choices that have a positive effect on either rates or coverage, as well as those that have a negative effect.

Factors That Favorably Influence Your Rates and Coverage

There are many things that have a positive effect on your rates, like being a mature driver, being married, having great credit, owning your home, and more.

Once you've fine-tuned the settings in our calculator, this section will provide an analysis of all the factors that have contributed to reducing your rates or improving your coverage options.

Factors That Could Increase Rates or Result in Coverage Gaps

Certain circumstances may lead to higher insurance rates or potential gaps in your coverage. These include life events such as being involved in at-fault accidents, incurring driving violations, experiencing lapses in coverage, or simply being a younger driver. While not all of these factors are within your control, many can be managed to mitigate their impact.

As you adjust the settings in our calculator, this section will detail and explain all the factors that have contributed to higher rates or reduced levels of coverage.

2023 Honda Accord vs. the Midsize Car Segment

The table below compares insurance rates for the 2023 Honda Accord against all other models in the midsize car segment. The Honda Accord is highlighted in light orange, and the segment's average insurance rate is in light blue.

Annual Premium values in the table are based on the current selections in the rate calculator settings.

The Difference column indicates the annual premium variance between each model shown and the Honda Accord, with green values denoting cheaper rates and red values indicating more expensive rates compared to the Honda Accord.

After choosing a vehicle trim level in the calculator options, the rates shown will reflect your choice.

2023 Honda Accord Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Subaru Legacy$2,098-$206
2Toyota Camry$2,164-$140
3Kia K5$2,196-$108
4Chevrolet Malibu$2,212-$92
5Honda Accord$2,304--
6Toyota Crown$2,314$10
2023 Midsize Car Average$2,323$19
7Tesla Model 3$2,332$28
8Volkswagen Arteon$2,390$86
9Nissan Altima$2,428$124
10Hyundai Sonata$2,538$234
11Kia Stinger$2,582$278

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included. Premiums are averaged for all trim levels for each model.

2023 Accord Insurance Rates by Trim Level

The table below shows insurance rates for all trim levels available for the 2023 Honda Accord.

Annual Premium and Cost Per Month values show in the table are based on the current selections in the rate calculator settings. After setting the trim level option in the calculator settings, it will be highlighted in the table.

2023 Honda Accord Insurance Rates by Trim Level
2023 Honda Accord Trim Level Annual Premium Cost Per Month
Hybrid$2,134$178
LX$2,198$183
Hybrid Sport$2,234$186
Sport$2,280$190
Hybrid EX-L$2,304$192
Sport Special Edition$2,324$194
Hybrid Touring$2,376$198
EX-L$2,384$199
Touring$2,502$209

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included.

Insurance Rates by Driver Age

The table below shows average car insurance rates for the 2023 Honda Accord for different driver ages.

2023 Honda Accord Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$8,262$689
17$8,015$668
18$7,199$600
19$6,538$545
20$5,007$417
21$4,774$398
22$4,273$356
23$3,494$291
24$3,306$276
25$2,678$223
30$2,456$205
35$2,366$197
40$2,304$192
45$2,152$179
50$2,038$170
55$1,904$159
60$1,910$159
65$2,036$170
70$2,202$184
75$2,594$216
80$3,202$267

Data Methodology: Rated driver is male and has no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Drivers under the age of 25 are considered single, while drivers 25 and over are rated as married. Annual premium is averaged for all Honda Accord trim levels.