Who Has the Cheapest Auto Insurance for a Honda Accord in Santa Ana?

Finding cheaper insurance for a Honda Accord in California hinges on a complicated formula that considers factors such as the mileage of your daily commute, the condition of your credit, and blemishes on your driving record. Drivers will pay on average $1,196 a year for Accord insurance, but that cost is an approximation using a 50-year-old single male driver with full physical damage coverage and $500 deductibles.

It's highly likely you aren't exactly 50 years old or even a male, married instead of single, and maybe you want different deductibles. Just a very minor change in the rating criteria used to formulate rates can result in a big discrepancy in the cost of insuring your Accord.

This shows why the only real way to find cheap car insurance rates for your Honda is to compare as many rates as possible.

Cheapest Honda Accord Insurance Rates

Your vehicle's trim level tends to have a direct impact on the annual cost of coverage, so the price you will pay to insure a Accord LX 4-Dr Sedan model will cost $422 less than the cost to insure the fancier Accord EX-L 2-Dr Coupe trim level, as shown in the chart below.

Data rating is based on single male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and California minimum liability limits. Discounts applied include safe-driver, multi-policy, multi-vehicle, homeowner, and claim-free. Rate information does not factor in specific zip code location which can affect coverage rates greatly.

Figuring out which companies have the cheapest insurance rates for a Honda Accord takes more time in order to find the most economical policy. Each insurance company uses their own calculation to set policy rates, so we'll go over the overall cheapest insurance companies in Santa Ana, CA.

It's important to understand that Santa Ana, CA insurance rates are based on many factors that control the price you have to pay for coverage. Simply getting older, increasing liability limits, or getting a ticket for running a stop sign can trigger rate changes resulting in some companies being cheaper than competitors.

Best Car Insurance Prices for Your Accord

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USAA generally has some of the best car insurance rates in Santa Ana at around $1,155 a year. Wawanesa, Century National, Nationwide, and CSAA also qualify as some of the lowest-priced Santa Ana, CA auto insurance companies.

As illustrated above, if you currently buy coverage from Nationwide and switched to Wawanesa, you may realize an annual savings of in the vicinity of $69. Customers with CSAA may save as much as $77 a year, and 21st Century customers might realize rate reductions of up to $209 a year.

It's important to note that these estimates are averaged for all ages of drivers and types of vehicles and do not factor in a specific zip code for a Honda Accord. So the insurer that has the cheapest rates for you may not even be in the top 24 companies shown above. That affirms the importance of why you need to get quotes using your own personalized driver profile and vehicle information.

Should you buy full coverage?

Reducing premiums for insurance is important to the majority of drivers, and one of the quickest ways to find cheap insurance for a Honda Accord is to not insure for full coverage. The information below shows the comparison of auto insurance rates with and without full coverage. The prices are based on no accidents or driving violations, $1,000 deductibles, single status, and no additional discounts are factored in.

As an average for all age groups, physical damage coverage on your policy costs an additional $2,467 per year over and above liability coverage. That is a large expense and it proposes the question when is the right time to remove full coverage. There is no set guideline to delete physical damage insurance, but there is a broad guideline. If the annual cost of having full coverage is 10% or more of any settlement you would receive from your insurance company, then it could be time to drop full coverage.

The importance of shopping around for Accord insurance

Santa Ana, CA insurance rates are impacted by many factors that will increase or decrease the cost of your policy. Simply having a birthday, moving to a different location, or having an accident can trigger rate changes that can now make some companies cheaper than competitors. And not only may your rating factors change, but insurers change prices at least once a year to ensure their profitability. An unexpected high level of claims can cause rate increases, while a better loss history can produce lower-cost Accord insurance rates.

For instance, the bar chart below compares the cheapest car insurance in Santa Ana, CA for a 40-year-old male driver with no prior claims, no tickets, and excellent credit. When comparing rates based on his current rating profile, USAA may have the most affordable car insurance rates in Santa Ana at $1,300 a year. This is $351 less than the average rate paid by California drivers of $1,651. Wawanesa, CSAA, Nationwide, and Century National are also included in the best Santa Ana, CA auto insurance companies.

Now we will give the driver in the first chart a claim, poor credit, and a stop sign violation. Due to the fact that each insurance company has a proprietary method to determine rates, analyzing rate quotes most likely will result in a different list of the cheapest Santa Ana car insurance companies as shown below.

Grange now has the best car insurance rate in Santa Ana with GEICO, Allstate, Mercury, and Allied now rounding out the top five. This example demonstrates why consumers need to take the time to compare many different companies when trying to find the most budget-friendly car insurance rates for a Honda Accord.

Car insurance prices can be determined by many different factors and can increase or decrease at any time, so the most economical company the last time you compared rates may now not even be in the top five.