Buying cheaper insurance for a Honda Accord in South Carolina hinges on a large number of rating criteria such as whether you are married, whether or not you have filed claims in the past, and citations or violations on your driving record. Drivers pay around $1,057 annually for Accord insurance, but that cost is a projection using a 40-year-old married male driver with both comprehensive and collision coverage and $100 deductibles.
More likely than not, you are not 40 years old and maybe not even male, maybe you are single instead of married, or maybe you just want different deductibles. Auto insurance is unique to each driver, so the only real way to find cheap car insurance rates for your Honda is to do the rate comparisons yourself.
The trim level of your Honda can impact the coverage cost, so the price you pay to insure a Accord LX 4-Dr Sedan will be $378 lower than the cost to insure the more costly Accord EX-L 2-Dr Coupe version, as shown in the chart below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Accord LX 4-Dr Sedan||$232||$400||$298||$18||$90||$1,038||$87|
|Accord EX 4-Dr Sedan||$232||$400||$298||$18||$90||$1,038||$87|
|Accord LX-P 4-Dr Sedan||$232||$400||$298||$18||$90||$1,038||$87|
|Accord EX-L 4-Dr Sedan||$268||$488||$298||$18||$90||$1,162||$97|
|Accord EX 2-Dr Coupe||$268||$574||$398||$24||$118||$1,382||$115|
|Accord LX-S 2-Dr Coupe||$268||$574||$398||$24||$118||$1,382||$115|
|Accord EX-L 2-Dr Coupe||$302||$574||$398||$24||$118||$1,416||$118|
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Data based on married male driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and South Carolina minimum liability limits. Discounts applied include claim-free, homeowner, safe-driver, multi-policy, and multi-vehicle. Premium costs do not factor in the specific area where the vehicle is garaged which can alter coverage rates substantially.
Comparing quotes for affordable insurance is challenging, and figuring out which companies have the lowest-priced auto insurance rates for a Honda Accord in South Carolina takes even more diligence. Each auto insurance company has their own formula for setting prices, so let's take a look at the overall cheapest auto insurance companies in South Carolina.
Find the Cheapest Auto Insurance for Your Accord
|Rank||Company||Cost Per Year|
|5||SC Farm Bureau Mutual||$1,248|
|6||Southern Farm Bureau||$1,298|
|8||National Grange Mutual||$1,361|
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The Hartford may offer some of the cheapest car insurance rates in South Carolina at around $768 a year. USAA, State Auto, Auto-Owners, and SC Farm Bureau Mutual are also some of the cheaper South Carolina car insurance companies.
As shown in the table above, if you are currently insured with State Auto and switched to The Hartford, you may see a yearly price reduction of upwards of $370. Insureds with Auto-Owners could save as much as $385 a year, and SC Farm Bureau Mutual policyholders might realize rate reductions of up to $480 a year.
To see if your current coverage is too expensive, click here to start a quote or visit any of the low-priced companies below.
These policy rates are averages across all types of drivers and the different vehicles they drive and and are not calculated with a specific rate factor for a Honda Accord. So the auto insurance company that is best suited for you may not even be in the top 18 companies shown above. That points out the importance of why you need to compare prices as often as possible using your own personalized driver profile and vehicle information.
How to get discounts on South Carolina auto insurance
Auto insurance companies that offer cheap quotes for a Honda Accord may also give you discounts that could potentially reduce rates by 35% or more if you are eligible. A list of companies and some of their more popular discounts are shown below.
- GEICO may offer discounts for membership and employees, anti-theft, federal employee, five-year accident-free, daytime running lights, emergency military deployment, and multi-policy.
- Travelers offers premium reductions for new car, student away at school, multi-car, good student, save driver, and payment discounts.
- Nationwide has discounts for good student, multi-policy, family plan, accident-free, defensive driving, and anti-theft.
- Farmers Insurance policyholders can earn discounts including bundle discounts, business and professional, early shopping, distant student, electronic funds transfer, switch companies, and homeowner.
- Esurance may have discounts that include anti-theft, claim free, good driver, anti-lock brakes, safety device, paid-in-full, and homeowner.
- State Farm has savings for good driver, driver's education, multiple autos, multiple policy, and defensive driving training.
- Progressive includes discounts for online signing, multi-vehicle, continuous coverage, good student, and homeowner.
- Mercury Insurance discounts include annual mileage, accident-free, type of vehicle, multi-car, and age of vehicle.
The illustration below illustrates the comparison of auto insurance costs with and without discounts applied. The data is based on a male driver, no claims, a clean driving record, South Carolina state minimum liability limits, full physical damage coverage, and $500 deductibles.
The first bar for each age group shows the price with no discounts. The second bar shows the rates with multiple policy, passive restraint, vehicle safety, homeowner, defensive driving course, and claim-free discounts applied. When these discounts are applied to the policy premium, theaverage yearly reduction on auto insurance for a Honda Accord is 28% or $488.
Compare quotes and save
South Carolina auto insurance rates are determined by lots of factors that may substantially change the price you have to pay for coverage. Simply turning a year older, adding a teenager to your policy, or getting a speeding ticket can trigger price changes resulting in some rates now being cheaper than before. Not only may your situation change, but car insurance companies change premium rates multiple times each year to help ensure profitability. A period of increased losses may result in higher priced premiums, while lower claim expenses may produce cheaper Accord insurance rates.
As an example, the chart below shows a variety of companies that have the cheapest car insurance in South Carolina for a 35-year-old male driver with a clear driving record, no claims, and solid credit. If we compare prices based on his current rating profile, The Hartford may have the best car insurance rates in South Carolina at $775 annually. This is $834 less than the average premium paid by South Carolina drivers of $1,609. USAA, State Auto, Auto-Owners, and Southern Farm Bureau round out the rest of the best South Carolina auto insurance companies.
The next chart shows rates after we give the driver from above some claims, slightly worse credit, and an imperfect driving record. Since each insurance company has a unique approach for determining prices, comparing prices may now result in a different list of the cheapest companies as shown below.
USAA now has the lowest price on auto insurance in South Carolina with National Grange Mutual, Travelers, State Farm, and State Auto also being competitive. This example shows why consumers need to spend some time comparing rates when trying to find the most budget-friendly car insurance quotes for a Honda Accord. Car insurance prices can be altered by many things and change substantially, so the best option six months ago may now be costing you a lot of money.
How to find economical car insurance for a Honda Accord in South Carolina
Here are a few money-saving ideas that can help South Carolina drivers find cheaper car insurance.
- Buy a safer vehicle
- Good credit scores may lower your rates
- If your vehicles are older, consider dropping full coverage
- Do not get into accidents
- Ensure your driving record is clean
- Raise physical damage deductibles
- Shop your coverage around for the best deal
The final tip is extremely critical, as was noted in this article. Car insurance rates can be adjusted at any time, so drivers shouldn't be resistant to buy a different policy if a cheaper rate is available.
Staying with the same company for years is fine, but it's not a great idea if it's costing you thousands of dollars over several years. If you have a few minutes, now is a great time to compare rates and find cheaper auto insurance for a Honda Accord.