Honda Accord Car Insurance Rates for 2022

• Honda Accord car insurance rates average $1,580 per year, $790 for a 6-month policy, or $132 per month, depending on the trim level.
• The cheapest model of Honda Accord to insure is the Hybrid at around $1,446 per year, or about $121 per month.
• When compared to other midsize cars, the 2022 Honda Accord is one of the more expensive to insure, costing $3 more per year on average.
• Insurance for a used Honda Accord could save $490 or more each year over the cost of buying new.

How much does Honda Accord insurance cost?

Honda Accord car insurance costs an average of $1,580 a year, or $132 on a monthly basis. Expect to pay around $3 more annually to insure an Accord as compared to the average rate for all midsize cars, and $29 more per year than the all-vehicle national average of $1,551.

The following chart illustrates how average Accord car insurance rates change depending on driver age and policy deductibles. The prices shown are for an annual policy, and vary from $1,192 per year for a driver age 60 with deductibles of $1,000 to the highest cost of $3,676 per year for a driver age 20 with deductibles set at $250.

To help illustrate how much variability there is with auto insurance rates, a liability-only policy for a Honda Accord in the more affordable parts of Idaho or Indiana costs as little as $237 a year. A newly-licensed teen driver with a tendency to speed in the most expensive zip codes in Los Angeles, CA, could get a bill for $12,940 a year for a full coverage policy.

With so many factors going into car insurance rates, we broke out a few of them to illustrate how different profiles and lifestyle choices can make significant differences in what you’ll be paying to insure your Honda Accord.

• Expect to pay a lot for high risk insurance. For a 50-year-old driver, the requirement to buy a high-risk policy could raise rates by $1,876 or more per year. High-risk insurance is normally only required after serious offenses like DWI/DUIs, driving with a license or insurance, or multiple at-fault accidents.
• Driver gender influences rates. For a 2022 Honda Accord, a 20-year-old man pays an estimated $3,160 per year, while a 20-year-old female driver pays $2,330, a difference of $830 per year. Women get significantly cheaper rates at this age due to the tendency of males to be more aggressive and risk-tolerant. But by age 50, the cost for a male driver is $1,440 and the rate for women is $1,410, a difference of only $30. Marriage and kids will do that to a man.
• Avoiding accidents saves money. At-fault accidents raise insurance rates, possibly by an extra $2,232 per year for a 20-year-old driver and even $512 per year for a 50-year-old driver.
• Save money by qualifying for policy discounts. Discounts may be available if the insureds drive a vehicle with safety or anti-theft features, are claim-free, belong to certain professional organizations, insure their home and car with the same company, or many other policy discounts which could save the average driver as much as $270 per year.
• Get a discount from your choice of occupation. Some auto insurance providers offer policy discounts for specific professions like college professors, architects, doctors, members of the military, scientists, farmers, and other occupations. If you can get this discount applied to your policy, you may save between $47 and $158 on your annual insurance cost, depending on the age of the rated driver.
• Accord insurance for teen drivers is expensive. Average rates for full coverage Accord insurance costs $5,688 per year for a 16-year-old driver, $5,324 per year for a 17-year-old driver, and $4,974 per year for a 18-year-old driver.
• Auto insurance is cheaper with higher deductibles. Increasing deductibles from $500 to $1,000 could save around $250 per year for a 40-year-old driver and $490 per year for a 20-year-old driver.
• Lower deductibles raise insurance cost. Dropping your physical damage deductibles from $500 to $250 could cost an additional $260 per year for a 40-year-old driver and $516 per year for a 20-year-old driver.

What is the cheapest Accord to insure?

With Honda Accord car insurance cost ranging from $1,446 to $1,740 per year on average, the lowest-cost model to insure is the Hybrid. The next cheapest trim level to insure is the Hybrid EX-L at $1,492 per year.

Average Honda Accord insurance cost per month ranges from $121 to $145 depending on the trim level, so plan on budgeting at least $121 per month for full coverage insurance. This amount will vary depending on where you live, however.

For higher trim levels, the three most expensive Honda Accord models to insure are the EX-L, the Sport Special Edition, and the Touring trim levels at an estimated $1,648,  $1,648, and $1,740 per year, respectively.

The table below shows average Honda Accord insurance rates, including a monthly budget amount, for each available trim level for the 2022 model year.

How much is insurance on a used Honda Accord?

Insuring a 2013 Accord instead of a new 2022 model could save $490 or more each year. A 2017 model would save around $226 over the cost insurance for a new model.

The next table shows average Accord insurance costs for the 2013 to 2022 model years and for various driver age groups. Average policy cost ranges from $980 per year for a 60-year-old driver rated on a 2013 Honda Accord to the most expensive rate of $3,160 for a 20-year-old rated on a 2022 Honda Accord.

Eventually, as the vehicle gets older it will make sense to remove either comprehensive or collision or both from the insurance policy. As vehicles get older and lose value from depreciation, the extra cost of physical damage protection starts to surpass the benefits.

Vehicle ages beyond the scope of the table above may be candidates for removing full coverage. Dropping comprehensive and collision coverage could save around $594 per year, depending on how high the deductibles were and the driver age.

How does Honda Accord insurance cost compare?

When compared to other midsize cars, the Accord costs $92 more per year than the Toyota Camry, is $112 less than the Nissan Altima, costs $10 less than the Tesla Model 3, and is $6 more than the Chevrolet Malibu.

The Honda Accord ranks #8 out of 13 total vehicles in the 2022 midsize car segment for car insurance affordability. The Accord costs an average of $1,580 per year for full coverage insurance and the class average rate is $1,577 per year, a difference of $3 per year.

The chart below shows how average car insurance rates for an Accord compare to other popular 2022 midsize cars like the Toyota Camry, Nissan Altima, and the Chevrolet Malibu. In addition, you can also view a larger table after the chart detailing rates for all 13 vehicles in the midsize car segment.

When sticker price is factored in, we can find out how insurance cost compares between the Accord and other models with similar average MSRPs. The 2022 Accord has an average sticker price of $31,564, before destination charges and dealer fees.

The vehicles closest in price to the Accord for the 2022 model year are the Hyundai Sonata, Mazda 6, Toyota Camry, and Subaru Legacy. The next list shows how those models compare to the Honda Accord by purchase price and the cost to insure.

• Honda Accord vs. Hyundai Sonata – With an average MSRP of $30,667 and ranging from $24,350 to $35,400, the Hyundai Sonata costs $897 less than the average sticker price for the Honda Accord. Full-coverage insurance on the Hyundai Sonata costs an average of $144 more each year than the Honda Accord.
• Honda Accord vs. Mazda 6 – Having an average MSRP of $30,542 ($24,475 to $35,900), the 2022 Mazda 6 costs $1,022 less than the average cost for the Honda Accord. Drivers can expect to pay an average of $72 less per year for insurance on the Mazda 6 compared to an Accord.
• Honda Accord vs. Toyota Camry – Having an average MSRP of $30,273 and ranging from $25,395 to $35,820, the Toyota Camry costs $1,291 less than the MSRP for the Honda Accord. Insurance on the Toyota Camry costs an average of $92 less each year than the Honda Accord.
• Honda Accord vs. Subaru Legacy – Having an average price of $29,611 and ranging from $22,995 to $36,195, the 2022 Subaru Legacy costs $1,953 less than the average cost of the Honda Accord. Anticipate paying an average of $114 less each year for full-coverage insurance on the Subaru Legacy compared to an Accord.

Honda Accord car insurance rates for teenagers

The Honda Accord has always been a solid choice for teenagers to drive. Reliability and safety make it a good choice for younger drivers, and insurance cost is affordable.

Regardless of the type of vehicle chosen, however, car insurance for teenagers is always going to be higher-priced than for more mature drivers. Teens are easily distracted behind the wheel and have not had the experience that only comes with time and age.

Nevertheless, the chart below shows average Honda Accord car insurance rates for teenage drivers from the age of 16 to 19. Rates are broken out for both male and female drivers due to the significant difference in gender-based rates. Prices range from a low of $4,008 to insure a 19-year-old female driver to a high of $5,688 to insure a 16-year-old male driver.

As shown by the chart above, car insurance rates are highest for 16-year-old drivers and decline slightly each year. Honda Accord insurance for a 17-year-old driver costs an average of $4,728 for females and $5,324 for males. Insuring an 18-year-old on a Honda Accord would cost an average of $4,728 for females and $5,324 for males.

Keep in mind these rates are for a new 2022 Honda Accord, and rates tend to drop as the vehicle ages. Read the next section on liability-only insurance to get an idea of how to reduce the cost of Honda Accord car insurance for teens.

Full coverage vs. liability-only insurance cost

The teen driver rates in the chart above are for a 2022 Honda Accord with full coverage, which simply means insurance includes coverage for claims such as hail damage, collisions and vehicle theft.

A good way to reduce the cost of insurance for not only teenage drivers but any age driver is to purchase an older model Honda Accord and only insure it for liability insurance. This gives the required liability protection but saves money because you’re not paying for comprehensive and collision coverage.

The table below compares the cost of full coverage Honda Accord car insurance to the cost of only insuring for liability coverage.

One thing to note about buying a liability-only car insurance policy is that if you do have an accident or incident where there is physical damage to your vehicle, you have no coverage. So if you do not have the financial means to replace the vehicle, it may not be the best idea to drop physical damage coverage entirely.

Are Honda Accord insurance rates affected by where I live?

Depending on your address, insurance cost for a Honda Accord can vary from cheaper premiums like $1,068 a year in Virginia Beach, VA, or $990 in Raleigh, NC, to high rates like $3,000 a year in New York City and $6,228 in Detroit, MI.

Additional rates for large metro areas include Nashville, TN, at $1,616 per year, Omaha, NE, averaging $1,476, Boston, MA, costing $1,786, and Long Beach, CA, at $2,064.

The following bar chart ranks average insurance cost for a Honda Accord in the 15 largest metro areas in America. For this chart, rates range from $1,198 per year in Columbus, OH, to $3,000 in New York, NY, a difference of $1,802.

Average Honda Accord insurance cost by state

From a state perspective, states like Iowa ($1,150), North Carolina ($1,008), and Idaho ($1,256) tend to be on the lower side, while states like Michigan ($2,532), Florida ($2,322), and Kentucky ($1,848) have higher insurance rates.

Insurance costs in most states fall closer to the median, with states like Massachusetts, Missouri, and Kansas included in this group with average Honda Accord insurance rates of $1,300, $1,686, and $1,598 per year, respectively.