Unfortunately, over 70% of Texas drivers have stayed with the same insurance company for over three years, and just under half have never even shopped around for affordable coverage. Many drivers in America can save as much as $850 each year by just shopping around, but they just don’t understand the benefits if they swap their current policy for a cheaper one.
If your goal is the lowest price, then the best way to find affordable quotes for Honda Accord insurance is to do an annual price comparison from insurance carriers in Fort Worth.
First, spend a few minutes and learn about how companies set rates and the measures you can control to keep rates in check. Many rating factors that drive up the price such as at-fault accidents, speeding tickets, and a lousy credit rating can be controlled by making minor changes in your lifestyle. This article provides additional tips to find cheap prices and get bigger discounts that may have been overlooked.
Second, compare prices from direct, independent, and exclusive agents. Exclusive and direct companies can only give prices from a single company like GEICO and Allstate, while agents who are independent can quote rates from many different companies.
Third, compare the new rate quotes to your existing policy and see if you can save money. If you find a lower rate quote and make a switch, make sure coverage does not lapse between policies.
A good tip to remember is to compare identical limits and deductibles on every price quote and and to get rates from all possible companies. This ensures a fair price comparison and many rates to choose from.
Affordable car insurance in Fort Worth, TX
The companies shown below have been selected to offer price quotes in Fort Worth, TX. If multiple providers are shown, we suggest you compare several of them to get the lowest price.
Honda Accord insurance statistics and information
The premium table shown below highlights estimates of rate quotes for Honda Accord models. Being aware of how auto insurance prices are figured can be of help when making informed decisions when comparing rates.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Accord LX 4-Dr Sedan | $160 | $272 | $304 | $18 | $92 | $846 | $71 |
| Accord LX 4-Dr Sedan | $160 | $272 | $304 | $18 | $92 | $846 | $71 |
| Accord EX 4-Dr Sedan | $160 | $272 | $304 | $18 | $92 | $846 | $71 |
| Accord LX-P 4-Dr Sedan | $160 | $272 | $304 | $18 | $92 | $846 | $71 |
| Accord LX-P 4-Dr Sedan | $160 | $272 | $304 | $18 | $92 | $846 | $71 |
| Accord EX-L 4-Dr Sedan | $184 | $332 | $304 | $18 | $92 | $930 | $78 |
| Accord EX 2-Dr Coupe | $184 | $392 | $404 | $24 | $122 | $1,126 | $94 |
| Accord LX-S 2-Dr Coupe | $184 | $392 | $404 | $24 | $122 | $1,126 | $94 |
| Accord EX-L 2-Dr Coupe | $208 | $392 | $404 | $24 | $122 | $1,150 | $96 |
| Get Your Own Custom Quote Go | |||||||
Price data assumes married female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Texas minimum liability limits. Discounts applied include safe-driver, multi-vehicle, homeowner, claim-free, and multi-policy. Premium costs do not factor in zip code location which can increase or decrease coverage prices substantially.
Rate comparison for different deductibles
One of the hardest decisions when shopping for auto insurance is the level to set your comp and collision deductibles. The data tables below may aid in understanding the premium difference between low and high comp and collision deductibles. The first table uses a $250 physical damage coverage deductible and the second price table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Accord LX 4-Dr Sedan | $256 | $408 | $324 | $20 | $96 | $1,129 | $94 |
| Accord LX 4-Dr Sedan | $256 | $408 | $324 | $20 | $96 | $1,129 | $94 |
| Accord EX 4-Dr Sedan | $256 | $408 | $324 | $20 | $96 | $1,129 | $94 |
| Accord LX-P 4-Dr Sedan | $256 | $408 | $324 | $20 | $96 | $1,129 | $94 |
| Accord LX-P 4-Dr Sedan | $256 | $408 | $324 | $20 | $96 | $1,129 | $94 |
| Accord EX-L 4-Dr Sedan | $294 | $496 | $324 | $20 | $96 | $1,255 | $105 |
| Accord EX 2-Dr Coupe | $294 | $584 | $430 | $26 | $128 | $1,487 | $124 |
| Accord LX-S 2-Dr Coupe | $294 | $584 | $430 | $26 | $128 | $1,487 | $124 |
| Accord EX-L 2-Dr Coupe | $332 | $584 | $430 | $26 | $128 | $1,525 | $127 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Accord LX 4-Dr Sedan | $158 | $256 | $324 | $20 | $96 | $854 | $71 |
| Accord LX 4-Dr Sedan | $158 | $256 | $324 | $20 | $96 | $854 | $71 |
| Accord EX 4-Dr Sedan | $158 | $256 | $324 | $20 | $96 | $854 | $71 |
| Accord LX-P 4-Dr Sedan | $158 | $256 | $324 | $20 | $96 | $854 | $71 |
| Accord LX-P 4-Dr Sedan | $158 | $256 | $324 | $20 | $96 | $854 | $71 |
| Accord EX-L 4-Dr Sedan | $182 | $312 | $324 | $20 | $96 | $934 | $78 |
| Accord EX 2-Dr Coupe | $182 | $368 | $430 | $26 | $128 | $1,134 | $95 |
| Accord LX-S 2-Dr Coupe | $182 | $368 | $430 | $26 | $128 | $1,134 | $95 |
| Accord EX-L 2-Dr Coupe | $206 | $368 | $430 | $26 | $128 | $1,158 | $97 |
| Get Your Own Custom Quote Go | |||||||
Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include claim-free, multi-policy, safe-driver, homeowner, and multi-vehicle. Estimates do not factor in specific location information which can change coverage rates substantially.
Based on the figures above, using a $250 deductible would cost the average driver about $26 more each month or $312 a year across all Honda Accord models than requesting the higher $1,000 deductible. Because you would be required to pay $750 more if you turn in a claim with a $1,000 deductible as compared to a $250 deductible, if you average at least 29 months between claim filings, you would more than likely save some money by selecting a higher deductible.
Auto insurance rates by age and gender
The illustration below shows the comparison of Honda Accord insurance costs for male and female drivers. The rate quotes are based on no violations or accidents, comp and collision included, $500 deductibles, marital status is single, and no discounts are taken into consideration.
Full coverage rates compared to liability-only
The illustration below compares Honda Accord insurance costs when comparing full coverage to liability only. The data is based on no claims or driving citations, $250 deductibles, drivers are single, and no discounts are taken into consideration.
When to eliminate full coverage
There is no definitive rule of when to phase out physical damage coverage, but there is a guideline you can use. If the annual cost of coverage is more than around 10% of the settlement you would receive from your company, then you might consider buying liability only.
For example, let’s pretend your Honda Accord claim settlement value is $4,000 and you have $1,000 deductibles. If your vehicle is totaled, you would only receive $3,000 after paying the physical damage deductible. If premiums are more than $300 a year for physical damage coverage, then you might consider buying liability only.
There are some scenarios where dropping physical damage coverage is not financially feasible. If you haven’t satisfied your loan, you have to carry full coverage in order to prevent your loan from defaulting. Also, if your emergency fund is not enough to purchase a different vehicle in the even your car is totaled, you should not eliminate full coverage.
Why Your Insurance Premiums might be higher
Many different elements are part of the equation when you get a price on insurance. Some of the criteria are obvious like a motor vehicle report, although others are not as apparent such as your credit history or your vehicle rating.
The factors shown below are some of the factors used by companies to determine your rate level.
Liability coverage – The liability coverage on your policy will afford coverage in the event that you are determined to be liable for personal injury or accident damage. It will provide for a legal defense which can be incredibly expensive. This coverage is relatively inexpensive as compared to coverage for physical damage, so do not skimp.
Premiums are affected by your credit rating – A driver’s credit history can be a huge factor in determining what you pay for insurance. People with very high credit ratings tend to be better drivers and file fewer claims than those with poor credit scores. So if your credit rating could use some work, you may save money insuring your Honda Accord by improving your rating.
Big cities have higher premiums – Residing in less populated areas of the country is a good thing when talking about insurance. People in densely populated areas tend to have more road rage incidents and much longer commute distances. Fewer people means reduced accidents in addition to lower liability claims.
Alarms and GPS tracking lower rates – Buying a car with a theft deterrent system can help bring down rates. Advanced theft deterrents such as vehicle immobilizer systems, OnStar, and tracking devices like LoJack all help prevent auto theft.
Annual miles is a factor – The more you drive in a year the higher your rates will be. Most insurance companies charge rates based upon how the vehicle is primarily used. Cars and trucks that sit idle most of the time receive better premium rates than vehicles that are driven to work every day. An improperly rated Accord may be wasting your money. It’s a good idea to make sure your vehicle rating states the correct usage for each vehicle.
Responsible drivers have lower rates – Being a careful driver has a big impact on rates. Careful drivers receive lower rates than people who have multiple driving citations. Getting just one speeding ticket or other violation could increase your next policy renewal by twenty percent. Drivers who get severe violations like hit and run, DWI or reckless driving convictions are required to maintain a SR-22 with their state in order to legally drive a vehicle.
The diagram below shows how speeding tickets and fender-benders drive up Honda Accord car insurance costs for different insured age categories. The data is based on a married male driver, comp and collision included, $500 deductibles, and no discounts are applied to the premium.
Certain employers pay higher premiums – Occupations like judges, business owners, and stock brokers tend to have higher rates than average in part from intense work requirements and lots of time spent away from family. Conversely, professions such as scientists, athletes and homemakers have lower than average premiums.
Insurance loss probability for a Honda Accord – Insurance companies use claims history to help set a rate to offset losses. Models that the data shows to have higher losses will cost more for coverage.
The data below shows the collected loss data for Honda Accord vehicles. For each insurance policy coverage type, the claim probability for all vehicles, without regard to make or model, is a value of 100. Values that are under 100 imply a favorable loss record, while numbers above 100 point to more losses or an increased chance of a larger loss.
| 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 |
Empty fields indicate not enough data collected
Statistics from IIHS.org for 2013-2015 Model Years
Affordable rates by applying discounts
Car insurance companies don’t list their entire list of discounts very clearly, so below is a list some of the best known as well as the least known savings tricks you should be using when you buy Fort Worth car insurance online. If they aren’t giving you every credit available, it’s possible you qualify for a lower rate.
- Discount for Home Ownership – Owning a home in Fort Worth may trigger a policy discount on auto insurance due to the fact that maintaining a home demonstrates responsibility.
- E-sign Discounts – Some companies may give you up to $50 for completing your application on the web.
- Government Employees – Active or retired federal employment could cut as much as 10% off but check with your company.
- Driver Safety – Taking a course teaching defensive driving skills can save you 5% or more and also improve your driving technique.
- Seat Belts Save more than Lives – Using a seat belt and requiring all passengers to buckle up before driving could cut 10% or more off the personal injury premium cost.
- Claim Free – Good drivers with no accidents pay less compared to drivers who are more careless.
Consumers should know that some credits don’t apply to your bottom line cost. Most only cut the price of certain insurance coverages like liability and collision coverage. So even though they make it sound like it’s possible to get free car insurance, insurance companies wouldn’t stay in business.
The information below shows the comparison of Honda Accord insurance rates with and without discounts. The rate quotes are based on a male driver, no violations or claims, Texas state minimum liability limits, comprehensive and collision coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, multi-policy, homeowner, multi-car, claim-free, and marriage discounts applied.
A few of the larger companies and their possible discounts include:
- State Farm discounts include Drive Safe & Save, defensive driving training, accident-free, anti-theft, and safe vehicle.
- Nationwide includes discounts for multi-policy, business or organization, anti-theft, defensive driving, good student, easy pay, and accident-free.
- GEICO has savings for anti-theft, daytime running lights, membership and employees, emergency military deployment, five-year accident-free, and multi-policy.
- AAA offers discounts including pay-in-full, good driver, AAA membership discount, multi-car, and good student.
- 21st Century offers discounts for student driver, anti-lock brakes, homeowners, driver training, teen driver, 55 and older, and defensive driver.
- The Hartford policyholders can earn discounts including vehicle fuel type, anti-theft, bundle, driver training, good student, and defensive driver.
Check with each company which discounts you qualify for. Some of the earlier mentioned discounts may not apply to policies in your area. To locate companies that offer some of these discounts in Fort Worth, click here to view.
Compare rates but work with a neighborhood Fort Worth auto insurance agent
Many people prefer to have an agent’s advice and that is a smart decision Good agents can answer important questions and help submit paperwork. One of the best bonuses of comparing insurance prices online is the fact that drivers can get cheap insurance quotes but also keep your business local.
To help locate an agent, after submitting this simple form, the quote information is emailed to local insurance agents who will gladly provide quotes for your insurance coverage. You don’t have to even leave your home as quotes are delivered to your email. If you have a need to compare prices from one company in particular, don’t hesitate to navigate to their website and submit a quote form there.
Finding a good insurance company requires more thought than just a cheap price quote. Here are some questions you should ask.
- Are they paid to recommend certain coverages?
- Will one accident increase rates?
- Which companies can they place coverage with?
- Is vehicle damage repaired with OEM or aftermarket parts?
- Do they have cheaper tiers of coverage?
- Will the agent or a CSR service your policy?
- Do they have 24-hour customer assistance?
Is an exclusive or independent car insurance agent right for you?
If you want to use an insurance agent, it’s important to understand the types of agencies from which to choose. Insurance agencies are categorized either independent or exclusive depending on the company they work for. Both types of agents can provide insurance policies, but it’s worth learning how they are different since it may influence the kind of agent you use.
Exclusive Insurance Agents
Exclusive agents work for only one company and some examples include Farmers Insurance, State Farm, Allstate, and AAA. They usually cannot compare other company’s rates so you might not find the best rates. Exclusive agents are well trained on their products and sales techniques which aids in selling service over price. Some people will only use the same exclusive agent mostly because of high brand loyalty and the convenience of having a single billing for all their coverages.
The following is a short list of exclusive insurance agents in Fort Worth that can give you price quotes.
- Allstate Insurance: Maria Amaya
2252 Jacksboro Hwy – Fort Worth, TX 76114 – (817) 624-2438 – View Map - Allstate Insurance: Frank Sargent
6901 McCart Ave Ste 100 – Fort Worth, TX 76133 – (817) 370-1895 – View Map - State Farm Insurance – Esmeralda Gutierrez
2219 W Berry St – Fort Worth, TX 76110 – (817) 923-2886 – View Map
Independent Insurance Agencies
Independent insurance agents are appointed with more than one company and that is an advantage because they can write policies with multiple insurance companies and possibly get better coverage at lower prices. If they find a cheaper price, your agent can just switch to a different company which is easy for the insured.
If you are comparing rate quotes, you absolutely need to check rates from multiple independent agents to have the most options to choose from. Many can place coverage with additional companies that you may not be familiar with that many times have cheaper rates.
Below is a list of independent insurance agents in Fort Worth who can help you get comparison quotes.
- Woods Insurance Agency
2740 Western Center Blvd #504 – Fort Worth, TX 76131 – (817) 232-1580 – View Map - Nationwide Insurance: The Jeter Agency
6650 N Beach St Ste 118 – Fort Worth, TX 76137 – (817) 788-8620 – View Map - Luna Insurance Agency
4475 Hemphill St – Fort Worth, TX 76115 – (817) 744-8150 – View Map
Find cheaper auto insurance rates by comparing often
While you’re price shopping online, do not buy less coverage just to save a little money. There have been many cases where an accident victim reduced liability coverage limits only to discover later that a couple dollars of savings turned into a financial nightmare. Your aim should be to purchase a proper amount of coverage at the best price while still protecting your assets.
In this article, we covered some good ideas how to find affordable Honda Accord insurance in Fort Worth. The key concept to understand is the more rate quotes you have, the better your chances of lowering your premium rates. You may even find the most savings is with an unexpected company.
Some insurance companies don’t offer online rate quotes and many times these regional carriers only sell through independent agencies. Cheap Honda Accord insurance in Fort Worth can be bought on the web and with local Fort Worth insurance agents, so compare prices from both so you have a total pricing picture.
Much more information about auto insurance in Texas can be read below:
- Teen Driver Licensing Information (iihs.org)
- Who Has Affordable Fort Worth Auto Insurance for 19 Year Olds? (FAQ)
- How Much are Fort Worth Auto Insurance Rates for Drivers Under 21? (FAQ)
- Auto Insurance FAQ (Farmers Insurance)
- What Determines the Price of My Auto Insurance Policy? (Insurance Information Institute)
- How do I File a Claim? (Insurance Information Institute)