Who Has Cheap Insurance Quotes for a Honda Accord in Massachusetts?

When the topic is auto insurance, the words “affordable” or “cheap” should not appear anywhere in the article. Please forgive the oxymoron, but cheap car insurance for a Honda Accord just does not exist. But fear not, because there may be ways you can still find and buy insurance that most people can afford.

Finding affordable auto insurance for a Honda Accord in Massachusetts hinges on a complicated formula that considers factors like miles driven annually, the condition of your credit, and blemishes on your driving record. Drivers pay approximately $790 per year to insure a Honda Accord, but that is a projection based on rates for a 50-year-old single female driver that includes full coverage including both comprehensive and collision and $1,000 deductibles.

When projecting a rate like this, the problem is that you aren’t exactly 50 years old or even a female, you might be married instead of single, or maybe your driving record has a blemish or two. Every policy is rated specifically for the driver, so the best way to quote the cheapest rates for your Honda is to start the habit of comparing rates at least once a year. It only takes a few minutes and you will receive prices from the best companies available.

View Honda Accord Insurance Rates

Your Honda’s trim level tends to impact the coverage cost, so the price to insure a Accord LX 4-Dr Sedan model will be $274 less expensive the cost to insure the high end Accord EX-L 2-Dr Coupe model, as shown in the prices below.

Price data assumes single female driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Massachusetts minimum liability limits. Discounts applied include claim-free, multi-policy, homeowner, multi-vehicle, and safe-driver. Table data does not factor in specific Massachusetts garaging location which can modify rates noticeably.

Trying to find affordable car insurance is confusing at best, and figuring out which company quotes the best insurance rates for a Honda Accord will require a little more work.

Every insurance provider uses slightly different criteria for setting rates, so first let’s look at the rankings for the insurance companies with the overall best prices in Massachusetts. It’s important that readers know that Massachusetts insurance rates are based on many factors that will increase or decrease the policy price. Improving your credit score, getting married, or getting a ticket for careless driving may generate price changes that can now make some companies cheaper than others.

Best Auto Insurance Prices for Your Accord

Click to Compare Rates Now

State Farm quotes some of the cheapest car insurance rates in Massachusetts at around $719 annually. National Grange Mutual, Commerce Group, GEICO, and OneBeacon also are some of the most economical Massachusetts insurance companies.

As depicted above, if you currently buy coverage from National Grange Mutual and switched to State Farm, you might achieve an annual premium reduction of roughly $112. Policyholders with Commerce Group could save as much as $156 a year, and GEICO insureds might cut rates by $157 a year.

To see if you’re overpaying, click here to get quotes or feel free to get quotes from the companies below.

Be aware that those premium estimates are averages across all types of insureds and vehicles and and are not calculated with a specific rating modification for a Honda Accord. So the insurer that can offer you the best price may not even be featured in the chart above. That’s why you need to quote rates from as many companies as possible using your own personal information and vehicle type.

Rate increases following a ticket or accident

The ideal way to obtain cheap insurance for a Honda Accord in Massachusetts is to drive attentively and avoid accidents and keep your driving record clean. The illustration below highlights how traffic violations and at-fault claims can increase insurance costs for different age categories. The premiums are based on a married female driver, full physical damage coverage, $500 deductibles, and no discounts are factored in.

google.charts.setOnLoadCallback(drawVioqcibChart);function drawVioqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘No Violations or Accidents’, ‘Two Speeding Tickets and No Accidents’, ‘Two Speeding Tickets and Two Accidents’],[‘Age 20’, 1899,2459,4541],[‘Age 30’, 1327,1885,3969],[‘Age 40’, 1313,1869,3955],[‘Age 50’, 1153,1713,3799],[‘Age 60’, 1101,1659,3743],[‘Age 70’, 1185,1741,3827]]);var options = {title: ‘Effect of Citations and Accidents on Massachusetts Honda Accord Insurance’,titleTextStyle: {color: ‘#333’, fontSize: 17, bold: true},width: ‘100%’,height: 600,’chartArea’: {left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’,textStyle: {fontSize: 12}},colors:[‘#b2da64′,’#eed355′,’#e39e71’],hAxis: {title: ‘Annual Insurance Cost for a Honda Accord in Massachusetts’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);formatter.format(data,3);var chart = new google.visualization.BarChart(document.getElementById(‘qcibvio’));chart.draw(data, options);}

The data above shows the average cost of an auto insurance policy per year with no accidents or violations is $1,330. Get two speeding tickets and the average cost surges to $1,888, an increase of $558 each year. Next add two accidents along with the two speeding tickets and the yearly cost of insurance for a Honda Accord goes up to an average of $3,972. That’s an increase of $2,643, or $220 per month, just for not driving responsibly!

Does Geico, Allstate, Progressive, or State Farm have the cheapest car insurance?

If you are shopping around for insurance for an Accord in Massachusetts, the companies with the most market share are Geico, Allstate, Progressive, and State Farm. Each company has different optional coverages and features that may influence which company you choose. The next table ranks price and claims rank as well as some different options shoppers can expect to find with each one.

How to find cheap insurance for a Honda Accord in Massachusetts

Lowering your rates is not difficult, and here are some money-saving solutions that can help drivers find the cheapest coverage.

• Older vehicles may not need full coverage
• Keep your driving record clean
• Improve your credit rating
• Drive vehicles with five-star safety ratings
• Increase your physical damage deductibles
• Drive attentively and avoid accidents
• Compare prices as often as possible

The last suggestion is highly valuable, as we emphasized in the prior article. Prices charged by companies in Massachusetts vary greatly, so drivers shouldn’t hesitate to buy from a new company if a better rate can be found.

Brand loyalty is not necessarily bad, but it’s not recommended if that faithfulness ends up costing you big bucks every year. Take a few minutes and shop around to find cheaper car insurance for a Honda Accord.

Cheap Honda Accord insurance quotes

Thanks to technology, there are a lot of ways to quote cheap insurance rates in Massachusetts, but the most popular are either through an independent agent, a captive (or exclusive) agency like Allstate or Liberty Mutual, or buying direct from a company like Progressive or Geico. All three ways can provide insurance quotes, but they differ in how they work.

Independent insurance agencies work with multiple companies and can get rate quotes from all of them. Independent agents have the freedom to quote rates with many companies, which can give you the best idea of how your rates compare. If your premiums go up, they simply move your policy to a different company and you do not have to find a new agent.

Exclusive agents are only able to write with a single company, two examples being Allstate or Farmers Insurance agents. These agents are unable to shop your coverage around, so unless you get quotes from other companies, you cannot determine which is cheapest.

Insurance from a direct company means you bypass local insurance agents and instead buy buying direct from a company like Progressive or Esurance. Buying direct is good for families who do not have a need for a risk management assessment and know more than average about what limits they need.

When shopping for insurance, which way works best to buy cheap insurance for a Honda Accord in Massachusetts? The majority of insurance shoppers assume that shopping direct saves money because there is no agent involved, but that generally is not the case. And we’d like to say buying insurance from an independent agent guarantees the lowest rates due to having more companies to select from, but that idea is not necessarily true either. And sometimes, exclusive agencies have extremely competitive rates that are the cheapest.

Since insurance prices vary so much, the only true way to ensure you are not overpaying is to get quotes and compare. Smart shoppers will get prices from all three to have enough rates to compare. We compiled a list of companies with some of the cheapest online rates that you can click here to view.