Prachi is an insurance writer with a master's degree in business administration. Through her writing, she hopes to help readers make smart and informed decisions about their finances. She loves to travel and write poetry.
Leslie Kasperowicz is an insurance expert with four years of direct agency experience and over a decade of creating educational content to help insurance shoppers make confident, informed decisions.
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Car insurance rates vary depending on the make, model and trim level of your vehicle. According to our data analysis, the average cost to insure a Honda Accord is $2,349 per year or $196 per month. However, your actual rate may be higher or lower depending on things like where you live, your age, your driving record and other personal factors.
The auto insurance rates also change based on the vehicle's model year. For example, the 2024 Honda Accord costs $2,349, whereas the 2023 Honda Accord costs $2,352 annually. This is $3 more than the 2024 rates.
Nationwide offers the cheapest annual rate for 2024 Honda Accord at $1,876 per year.
Below, we'll look at Honda Accord insurance rates and show you how to save.
Average insurance cost of Honda Accord by model year
| Year of Honda Accord model | Average cost to insure |
|---|---|
| 2024 | $2,349 |
| 2023 | $2,352 |
| 2022 | $2,310 |
| 2021 | $2,215 |
| 2020 | $2,130 |
Compare Accord insurance rates by state
| Company | Style | Average annual premium |
|---|---|---|
| Nationwide | 2WD 4 Door Sedan Automatic DOHC Turbo | $2,292 |
| State Farm | 2WD 4 Door Sedan Automatic DOHC Turbo | $2,462 |
| GEICO | 2WD 4 Door Sedan Automatic DOHC Turbo | $2,513 |
| Progressive | 2WD 4 Door Sedan Automatic DOHC Turbo | $2,551 |
| Allstate | 2WD 4 Door Sedan Automatic DOHC Turbo | $4,378 |
Honda Accord insurance rates per year
2024 Honda Accord insurance rates
Rank Company Average annual premium 1 Nationwide $1,876 2 GEICO $1,976 3 State Farm $2,016 4 Progressive $2,312 5 Farmers $2,776 6 Allstate $3,138 2023 Honda Accord insurance rates
Rank Company Average annual premium 1 GEICO $1,961 2 Nationwide $1,971 3 State Farm $2,007 4 Progressive $2,298 5 Farmers $2,775 6 Allstate $3,101 2022 Honda Accord insurance rates
Rank Company Average annual premium 1 GEICO $1,905 2 State Farm $1,967 3 Nationwide $2,040 4 Progressive $2,259 5 Farmers $2,730 6 Allstate $2,956 2021 Honda Accord insurance rates
Rank Company Average annual premium 1 GEICO $1,841 2 State Farm $1,920 3 Nationwide $1,990 4 Progressive $2,122 5 Farmers $2,625 6 Allstate $2,789 2020 Honda Accord insurance rates
Rank Company Average annual premium 1 GEICO $1,768 2 State Farm $1,866 3 Nationwide $1,922 4 Progressive $2,077 5 Farmers $2,511 6 Allstate $2,634 2019 Honda Accord insurance rates
Rank Company Average annual premium 1 GEICO $1,722 2 State Farm $1,789 3 Nationwide $1,929 4 Progressive $2,012 5 Farmers $2,437 6 Allstate $2,519 2018 Honda Accord insurance rates
Rank Company Average annual premium 1 GEICO $1,660 2 State Farm $1,712 3 Nationwide $1,894 4 Progressive $1,932 5 Farmers $2,382 6 Allstate $2,433 2017 Honda Accord insurance rates
Rank Company Average annual premium 1 GEICO $1,657 2 State Farm $1,735 3 Progressive $1,897 4 Nationwide $2,060 5 Farmers $2,359 6 Allstate $2,377
Honda insurance annual rates by model
Methodology
Data was fielded by Quadrant Information Services across all 50 states and Washington, D.C. for 1,161 vehicle models. More than 67 million data points from 57 insurance companies were analyzed.
Unless otherwise indicated, averages are based on our full coverage data set. This data set is based on:
- Bodily injury liability of $100,000 per person and $300,000 per incident
- Property damage liability of $100,000 per incident
- Comprehensive and collision deductibles of $500
- 40-year-old driver
- Honda Accord LX
- Good credit
- A clean driving record
- 12-mile commute, 10,000 annual mileage