It’s amazing but over 70% of Ohio drivers kept their coverage with the same auto insurance company for more than four years, and almost 40% of drivers have never compared rate quotes at all. Many consumers in the United States could save an average of nearly $859 each year just by shopping around, but they think it’s difficult to find cheap auto insurance rates.
If your goal is the lowest price, then the best way to get affordable Honda Accord insurance in Cincinnati is to do a yearly price comparison from insurance carriers that insure vehicles in Ohio.
Step 1: Take a little time to learn about how auto insurance works and the measures you can take to keep rates down. Many rating factors that are responsible for high rates like high-risk driving behaviors and an unacceptable credit score can be remedied by making minor changes to your lifestyle.
Step 2: Compare prices from direct carriers, independent agents, and exclusive agents. Direct companies and exclusive agencies can only give prices from a single company like GEICO or State Farm, while agents who are independent can give you price quotes for a wide range of companies. Get quotes now
Step 3: Compare the quotes to your existing coverage to see if a cheaper price is available. If you can save money and make a switch, make sure coverage does not lapse between policies.
Step 4: Provide notification to your current company of your decision to cancel your current coverage and submit the application along with any required down payment for the new coverage. Immediately upon receiving it, put the new certificate verifying coverage in your glove compartment.
An essential thing to point out is that you’ll want to compare the same physical damage deductibles and liability limits on each price quote and and to get rates from as many carriers as you can. Doing this guarantees a fair rate comparison and the best price selection.
If you have a current insurance policy, you should be able to find the best rates using these tips. Choosing the best rates in Cincinnati is quite easy if you know the best way to do it. But Ohio drivers must know how big insurance companies calculate their prices and use it to find better rates.
Honda Accord insurance discounts in Cincinnati
Some insurance providers don’t always publicize all available discounts very clearly, so below is a list both well-publicized and the more hidden credits available to bring down your rates.
- Bundle and Save – When you have multiple policies with one company you may earn nearly 15% which can help you find cheap Accord insurance.
- Drivers Education – Require your teen driver to complete a driver education course in high school.
- Cautious Drivers – Safe drivers may receive a discount up to 45% as compared to drivers with claims.
- Buy New and Save – Putting car insurance coverage on a new Accord can save up to 30% compared to insuring an older model.
- College Student – Any of your kids who are enrolled in higher education away from home and do not have a car may be insured at a cheaper rate.
- Federal Government Employee – Active or former government employment may qualify for a discount when you quote Cincinnati auto insurance depending on your car insurance provider.
- Own a Home – Just owning your own home may earn you a small savings because maintaining a house demonstrates responsibility.
- Sign Early and Save – A few insurance companies give discounts for switching companies early. Ten percent is about the average savings.
- Passive Restraints and Air Bags – Vehicles equipped with air bags or automatic seat belts may qualify for discounts of 20% or more.
Just know that most discounts do not apply to all coverage premiums. Some only apply to the cost of specific coverages such as physical damage coverage or medical payments. So even though you would think you can get free auto insurance, insurance companies wouldn’t stay in business.
The diagram below illustrates the comparison of Honda Accord premium costs with and without discounts applied to the rates. The prices are based on a female driver, no driving violations, no at-fault accidents, Ohio state minimum liability limits, full physical damage coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, homeowner, safe-driver, multi-car, multi-policy, and claim-free discounts applied.
Companies and some of the premium reductions they offer are outlined below.
- State Farm offers discounts for good student, multiple policy, student away at school, multiple autos, and passive restraint.
- Liberty Mutual discounts include newly married, teen driver discount, good student, new move discount, and safety features.
- American Family policyholders can earn discounts including bundled insurance, air bags, defensive driver, TimeAway discount, accident-free, and Steer into Savings.
- Progressive may offer discounts for continuous coverage, multi-policy, good student, multi-vehicle, online quote discount, and online signing.
- Farmers Insurance offers premium reductions for homeowner, mature driver, alternative fuel, electronic funds transfer, and early shopping.
- Auto-Owners Insurance has savings for company car, safe driver, anti-theft, teen driver, and multiple vehicles.
- SAFECO may have discounts that include drive less, multi-car, safe driver, anti-theft, anti-lock brakes, and teen safe driver.
When comparing rates, check with each insurance company which discounts can lower your rates. Some discounts may not be available in every state. To choose insurers that can offer you the previously mentioned discounts in Cincinnati, click here.
How much does Honda Accord insurance in Cincinnati, Ohio cost?
When comparison shopping, there are several ways to compare prices from different Cincinnati insurance companies. The easiest way by far to compare rates is to use the internet to compare rates.
Getting free price quotes online is quite simple, and it takes the place of having to actually drive to and from local insurance agencies. Doing it all online can eliminate the need for a local agent unless your situation requires the professional guidance only provided by licensed agents. Although you can find lower rates online but have a local agent actually write the policy.
Keep in mind that getting more free quotes will improve the odds of getting lower pricing.
The following companies provide comparison quotes in Ohio. If you wish to find cheap auto insurance in Cincinnati, it’s highly recommended you visit as many as you can to get the most affordable price.
Coverage statistics and figures
The table shown next showcases a range of coverage prices for Honda Accord models. Being able to understand how premiums are figured can benefit drivers when making smart choices when purchasing an auto insurance policy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Accord LX 4-Dr Sedan | $82 | $158 | $218 | $12 | $66 | $536 | $45 |
| Accord EX 4-Dr Sedan | $82 | $158 | $218 | $12 | $66 | $536 | $45 |
| Accord LX-P 4-Dr Sedan | $82 | $158 | $218 | $12 | $66 | $536 | $45 |
| Accord EX-L 4-Dr Sedan | $94 | $192 | $218 | $12 | $66 | $582 | $49 |
| Accord EX 2-Dr Coupe | $94 | $226 | $290 | $18 | $86 | $714 | $60 |
| Accord LX-S 2-Dr Coupe | $94 | $226 | $290 | $18 | $86 | $714 | $60 |
| Accord EX-L 2-Dr Coupe | $106 | $226 | $290 | $18 | $86 | $726 | $61 |
| Get Your Own Custom Quote Go | |||||||
Data based on single male driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Ohio minimum liability limits. Discounts applied include multi-vehicle, claim-free, homeowner, safe-driver, and multi-policy. Table data does not factor in specific garaging location which can raise or lower prices substantially.
Rate comparison for different deductibles
When shopping for auto insurance, a common question is the level to set your comp and collision deductibles. The following insurance rates can help show the premium difference of buying low and high physical damage coverage deductibles. The first price estimate table uses a $100 comprehensive and collision deductible and the second price chart uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Accord LX 4-Dr Sedan | $170 | $290 | $192 | $12 | $58 | $747 | $62 |
| Accord EX 4-Dr Sedan | $170 | $290 | $192 | $12 | $58 | $747 | $62 |
| Accord LX-P 4-Dr Sedan | $170 | $290 | $192 | $12 | $58 | $747 | $62 |
| Accord EX-L 4-Dr Sedan | $196 | $352 | $192 | $12 | $58 | $835 | $70 |
| Accord EX 2-Dr Coupe | $196 | $416 | $256 | $16 | $76 | $985 | $82 |
| Accord LX-S 2-Dr Coupe | $196 | $416 | $256 | $16 | $76 | $985 | $82 |
| Accord EX-L 2-Dr Coupe | $220 | $416 | $256 | $16 | $76 | $1,009 | $84 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Accord LX 4-Dr Sedan | $94 | $152 | $192 | $12 | $58 | $508 | $42 |
| Accord EX 4-Dr Sedan | $94 | $152 | $192 | $12 | $58 | $508 | $42 |
| Accord LX-P 4-Dr Sedan | $94 | $152 | $192 | $12 | $58 | $508 | $42 |
| Accord EX-L 4-Dr Sedan | $108 | $186 | $192 | $12 | $58 | $556 | $46 |
| Accord EX 2-Dr Coupe | $108 | $220 | $256 | $16 | $76 | $676 | $56 |
| Accord LX-S 2-Dr Coupe | $108 | $220 | $256 | $16 | $76 | $676 | $56 |
| Accord EX-L 2-Dr Coupe | $122 | $220 | $256 | $16 | $76 | $690 | $58 |
| Get Your Own Custom Quote Go | |||||||
Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Ohio minimum liability limits. Discounts applied include multi-vehicle, multi-policy, safe-driver, claim-free, and homeowner. Estimates do not factor in specific location information which can change premiums significantly.
Based on the data above, we can derive that using a $100 deductible could cost the average driver approximately $23 more each month or $276 for a full year than selecting the higher $1,000 deductible. Because you would be required to pay $900 more if you file a claim with a $1,000 deductible as compared to a $100 deductible, if you average at a minimum 39 months between claim filings, you would probably save some money if you elect the higher deductible. The numbers below show how this calculation is made.
| Average monthly premium for $100 deductibles: | $72 |
| Average monthly premium for $1,000 deductibles (subtract): | – $49 |
| Monthly savings from raising deductible: | $23 |
| Difference between deductibles ($1,000 – $100): | $900 |
| Divide difference by monthly savings: | $900 / $23 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 39 months |
The chart below shows how choosing a deductible and can raise or lower Honda Accord yearly insurance costs for different ages of insureds. The price estimates are based on a married male driver, comprehensive and collision coverage, and no discounts are factored in.
Learn How to Buy Car Insurance for Less
Smart consumers have a good feel for some of the elements that help calculate your premiums. When you understand what positively or negatively impacts your premiums, this empowers consumers to make smart changes that can earn you much lower annual insurance costs. Lots of things are used when pricing auto insurance. Some are obvious such as traffic violations, but some are less apparent such as your marital status or how financially stable you are.
The following are some of the things car insurance companies consider when setting your prices.
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Are women or men drivers cheaper? – Statistics demonstrate that men are more aggressive behind the wheel. Now that doesn’t mean women are better drivers. Women and men get in fender benders at about the same rate, but guys tend to have higher claims. Not only are claims higher, but men get ticketed for serious violations like DUI and reckless driving. Male drivers age 16 to 19 cause the most accidents so it costs more to insure them.
The diagram below shows the comparison of Honda Accord car insurance costs for male and female drivers. The data assumes no claims or driving violations, comp and collision included, $250 deductibles, single status, and no discounts are taken into consideration.
- No claims equals lower prices – Auto insurance companies in Ohio award lower rates to drivers who file claims infrequently. If you frequently file small claims, you can pretty much guarantee either policy cancellation or increased premiums. Your car insurance is intended to be relied upon for the large, substantial claims.
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Experienced drivers pay less – More experienced drivers are more responsible, statistically cause fewer accidents, and get fewer tickets. Young drivers tend to be easily distracted when at the wheel of a vehicle therefore car insurance rates are much higher.
The chart below assumes a single driver, full coverage with $250 deductibles, and no discounts or violations.
- Multiple policies with one company – Most larger car insurance companies allow better rates to policyholders that purchase more than one policy, otherwise known as a multi-policy discount. The discount can add up to five, ten or even twenty percent. Even with this discount, drivers will still want to compare other Cincinnati Accord insurance rates to ensure the best deal.
- Less chance of injury means lower premiums – Vehicles with good safety scores are cheaper to insure. Safer cars reduce the chance of injuries and lower rates of occupant injuries means less claims paid and lower rates for you. If your Honda Accord is rated at a minimum four stars on Safercar.gov it may be receiving lower rates.
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Insurance loss data for a Honda Accord – Companies analyze the history of losses in order to profitably underwrite each model. Vehicles that the data shows to have a trend towards higher claims will cost more for specific coverages.
The next table illustrates the insurance loss data for Honda Accord vehicles. For each type of coverage, the statistical loss for all vehicles compiled together is represented as 100. Percentages below 100 mean the vehicle has better than average losses, while values over 100 indicate frequent claims or tendency to have higher losses.
Honda Accord Insurance Claim Statistics Specific Honda Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury Honda Accord 91 85 90 122 117 94 Honda Accord Hybrid 96 80 98 89 76 84 Honda Accord Crosstour 4dr 2WD 85 97 83 122 113 94 Honda Accord Crosstour 4dr 4WD 99 102 94 120 93 BETTERAVERAGEWORSEEmpty fields indicate not enough data collected
Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
What is the best insurance coverage?
When it comes to a policy for your personal vehicles, there isn’t really a perfect coverage plan. Everyone’s situation is unique and your insurance should unique, too. For example, these questions might point out whether you would benefit from professional advice.
- Is borrowed equipment or tools covered if stolen or damaged?
- Which companies will insure high-risk drivers?
- Is coverage enough to protect my assets?
- What is high-risk coverage and where do I buy it?
- When should I not file a claim?
- Are my friends covered when driving my car?
If you’re not sure about those questions but you think they might apply to your situation, you may need to chat with a licensed agent. To find an agent in your area, take a second and complete this form or you can also visit this page to select a carrier
When to have guidance from an insurance agency
Many people would prefer to go talk to an agent and doing so can bring peace of mind One of the best bonuses of getting free rate quotes online is the fact that you can find cheaper auto insurance rates and still have an agent to talk to.
To make it easy to find an agent, after completing this simple form, your information is transmitted to participating agents in Cincinnati who will give you bids for your coverage. There is no reason to search for an agent since price quotes are sent to your email. You can most likely find cheaper rates and work with a local agent. If you wish to get a comparison quote from a specific insurance company, you would need to jump over to their website and fill out the quote form the provide.
Picking an insurer should include more criteria than just the price. Here are some questions you might want to ask.
- Do they make recommendations based only on price?
- Which companies can they place coverage with?
- Is the agent and/or agency licensed to do business in Ohio?
- Do they specialize in personal lines auto insurance in Cincinnati?
- How long has their agency been in business in Cincinnati?
- By raising physical damage deductibles, how much would you save?
- What insurance companies do they recommend if they are an independent agent?
- Where are claims handled?
Shown below are Cincinnati insurance companies that may be willing to give rate quotes for Honda Accord insurance in Cincinnati.
Dempsey and Siders Insurance Agency
6725 Miami Ave #102 – Cincinnati, OH 45243 – (513) 891-4400 – View Map
Advantage Insurance Network LLC
4739 Delhi Ave – Cincinnati, OH 45238 – (513) 922-9460 – View Map
Zimmer Insurance Agency
2148 Gilbert Ave – Cincinnati, OH 45206 – (513) 381-1919 – View Map
Beth Wilker – State Farm Insurance Agent
8406 Winton Rd – Cincinnati, OH 45231 – (513) 521-0884 – View Map
Best reasons to buy insurance in Ohio
Despite the fact that insurance is not cheap in Cincinnati, insuring your vehicle is required for several reasons.
- Most states have mandatory liability insurance requirements which means state laws require a minimum amount of liability in order to license the vehicle. In Ohio these limits are 25/50/25 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
- If you took out a loan on your Honda, it’s most likely the lender will require that you have comprehensive coverage to ensure they get paid if you total the vehicle. If the policy lapses, the bank or lender will purchase a policy for your Honda at a significantly higher premium and make you pay a much higher amount than you were paying before.
- Insurance safeguards your Honda Accord and your assets. It will also pay for most medical and hospital costs for you, your passengers, and anyone else injured in an accident. Liability insurance, one of your policy coverages, also covers all legal expenses up to the policy limit if anyone sues you for causing an accident. If you receive damage to your vehicle caused by a storm or accident, comprehensive (other-than-collision) and collision coverage will pay all costs to repair after the deductible has been paid.
The benefits of buying insurance are without a doubt worth the cost, specifically if you ever have a liability claim. An average driver in America overpays as much as $800 each year so compare rate quotes at every policy renewal to save money.
Don’t give up on affordable rates
Some insurance providers may not have online rate quotes and usually these small insurance companies provide coverage only through independent agents. Cost effective Honda Accord insurance can be bought from both online companies and with local Cincinnati insurance agents, and you should compare price quotes from both so you have a total pricing picture.
We just presented a lot of techniques to save on Honda Accord insurance in Cincinnati. The key thing to remember is the more times you quote, the better your chances of lowering your prices. You may even discover the best price on car insurance is with the least-expected company. Regional companies may cover specific market segments cheaper than the large multi-state companies such as Progressive or GEICO.
For more information, take a look at these articles:
- Smart Auto Insurance Tips (Insurance Information Institute)
- Who Has the Cheapest Cincinnati Auto Insurance Quotes for Government Employees? (FAQ)
- Who Has the Cheapest Cincinnati Car Insurance Rates for High Mileage Drivers? (FAQ)
- What Insurance is Cheapest for a Ford F-150 in Cincinnati? (FAQ)
- How Much is Car Insurance for a Toyota Tacoma in Cincinnati? (FAQ)
- Who Has Cheap Cincinnati Car Insurance Quotes for a Toyota 4Runner? (FAQ)
- Should I Buy a New or Used Car? (Allstate)
- Warning systems don’t curb driver distraction (Insurance Institute for Highway Safety)