It’s safe to assume that insurance companies don’t want customers comparing rates. People who shop around for cheaper price quotes will, in all likelihood, buy a new policy because they have good chances of finding a more affordable policy. A recent survey discovered that drivers who regularly shopped around saved approximately $3,500 over four years compared to other drivers who never shopped around for better prices.
If finding the best price on Honda Accord insurance in Oklahoma City is your objective, knowing how to get free comparison quotes and analyze insurance coverage can help make the process easier and more efficient.
If you want to save money, the best way to get the cheapest Honda Accord insurance is to regularly compare quotes from providers in Oklahoma City.
- Step 1: Spend some time learning about how car insurance works and the steps you can take to prevent rate increases. Many rating factors that cause rate increases such as speeding and a less-than-favorable credit history can be eliminated by making lifestyle changes or driving safer. Keep reading for ideas to get affordable coverage and earn a bigger discount.
- Step 2: Request rate estimates from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can only provide price estimates from a single company like Progressive and State Farm, while independent agents can quote rates for a wide range of companies. View insurance agents
- Step 3: Compare the new rate quotes to the price on your current policy and see if you can save money. If you find a lower rate quote and switch companies, make sure coverage is continuous and does not lapse.
- Step 4: Provide notification to your current company to cancel your current auto insurance policy and submit payment and a completed application for the new policy. Once the application is submitted, put the new certificate verifying coverage in your vehicle.
An important part of this process is to use similar deductibles and liability limits on every price quote and and to analyze as many carriers as you can. Doing this helps ensure a level playing field and plenty of rates choose from.
Choosing the best rates in Oklahoma City is actually quite simple. If you are insured now, you will most likely be able to get lower rates using these tips. Nevertheless, Oklahoma vehicle owners can benefit by having an understanding of how companies price insurance differently because it varies considerably.
Best companies for low-cost Honda Accord insurance in Oklahoma
The companies shown below are ready to provide free quotes in Oklahoma City, OK. If the list has multiple companies, we recommend you compare several of them in order to find the most affordable rates.
Coverage information
The data table shown next covers different insurance prices for Honda Accord models. Learning as much as possible about how premiums are determined can assist in making decisions on the best policy to buy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Accord LX 4-Dr Sedan | $190 | $322 | $358 | $22 | $108 | $1,000 | $83 |
| Accord LX 4-Dr Sedan | $190 | $322 | $358 | $22 | $108 | $1,000 | $83 |
| Accord EX 4-Dr Sedan | $190 | $322 | $358 | $22 | $108 | $1,000 | $83 |
| Accord LX-P 4-Dr Sedan | $190 | $322 | $358 | $22 | $108 | $1,000 | $83 |
| Accord LX-P 4-Dr Sedan | $190 | $322 | $358 | $22 | $108 | $1,000 | $83 |
| Accord EX-L 4-Dr Sedan | $216 | $390 | $358 | $22 | $108 | $1,094 | $91 |
| Accord EX 2-Dr Coupe | $216 | $460 | $476 | $28 | $142 | $1,322 | $110 |
| Accord LX-S 2-Dr Coupe | $216 | $460 | $476 | $28 | $142 | $1,322 | $110 |
| Accord EX-L 2-Dr Coupe | $244 | $460 | $476 | $28 | $142 | $1,350 | $113 |
| Get Your Own Custom Quote Go | |||||||
Table data assumes married female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Oklahoma minimum liability limits. Discounts applied include homeowner, multi-vehicle, multi-policy, claim-free, and safe-driver. Rate information does not factor in specific Oklahoma City garaging location which can modify coverage rates significantly.
How high should deductibles be?
A question often asked by Oklahoma City drivers is how high should the physical damage deductibles be. The rates shown below can help you understand the differences in price when you choose different comp and collision deductibles. The first set of rates uses a $100 comprehensive and collision deductible and the second price chart uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Accord LX 4-Dr Sedan | $336 | $572 | $382 | $22 | $114 | $1,451 | $121 |
| Accord LX 4-Dr Sedan | $336 | $572 | $382 | $22 | $114 | $1,451 | $121 |
| Accord EX 4-Dr Sedan | $336 | $572 | $382 | $22 | $114 | $1,451 | $121 |
| Accord LX-P 4-Dr Sedan | $336 | $572 | $382 | $22 | $114 | $1,451 | $121 |
| Accord LX-P 4-Dr Sedan | $336 | $572 | $382 | $22 | $114 | $1,451 | $121 |
| Accord EX-L 4-Dr Sedan | $386 | $698 | $382 | $22 | $114 | $1,627 | $136 |
| Accord EX 2-Dr Coupe | $386 | $822 | $506 | $30 | $152 | $1,921 | $160 |
| Accord LX-S 2-Dr Coupe | $386 | $822 | $506 | $30 | $152 | $1,921 | $160 |
| Accord EX-L 2-Dr Coupe | $436 | $822 | $506 | $30 | $152 | $1,971 | $164 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Accord LX 4-Dr Sedan | $246 | $388 | $382 | $22 | $114 | $1,152 | $96 |
| Accord LX 4-Dr Sedan | $246 | $388 | $382 | $22 | $114 | $1,152 | $96 |
| Accord EX 4-Dr Sedan | $246 | $388 | $382 | $22 | $114 | $1,152 | $96 |
| Accord LX-P 4-Dr Sedan | $246 | $388 | $382 | $22 | $114 | $1,152 | $96 |
| Accord LX-P 4-Dr Sedan | $246 | $388 | $382 | $22 | $114 | $1,152 | $96 |
| Accord EX-L 4-Dr Sedan | $282 | $472 | $382 | $22 | $114 | $1,272 | $106 |
| Accord EX 2-Dr Coupe | $282 | $554 | $506 | $30 | $152 | $1,524 | $127 |
| Accord LX-S 2-Dr Coupe | $282 | $554 | $506 | $30 | $152 | $1,524 | $127 |
| Accord EX-L 2-Dr Coupe | $318 | $554 | $506 | $30 | $152 | $1,560 | $130 |
| Get Your Own Custom Quote Go | |||||||
Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, and Oklahoma minimum liability limits. Discounts applied include safe-driver, multi-policy, multi-vehicle, claim-free, and homeowner. Information does not factor in garaging location in Oklahoma City which can affect insurance rates greatly.
We can estimate from the data above that using a $100 deductible will cost you approximately $28 more each month or $336 every year averaged for all Accord models than selecting the higher $500 deductible. Because you would pay $400 more out-of-pocket with a $500 deductible as compared to a $100 deductible, if you tend to have at least 14 months between claim filings, you would most likely save money going with the higher deductible.
Safe drivers pay less for insurance
The information below demonstrates how traffic citations and at-fault claims can drive up Honda Accord insurance prices for different age categories. The premium estimates are based on a married male driver, full physical damage coverage, $100 deductibles, and no discounts are applied to the premium.
Honda Accord insurance rates by age and gender
The illustration below illustrates the difference between Honda Accord insurance costs for male and female drivers. The rate quotes are based on no claims or driving violations, full coverage, $250 deductibles, drivers are not married, and no other discounts are factored in.
Full coverage versus liability-only in Oklahoma City
The example below visualizes the comparison of Honda Accord yearly insurance costs with full physical damage coverage and with liability coverage only. The rates are based on a clean driving record, no claims, $100 deductibles, single status, and no discounts are applied to the premium.
When to drop full coverage
There is no clear-cut formula to delete full coverage on your policy, but there is a broad guideline. If the yearly cost of comp and collision coverage is 10% or more of replacement cost minus your deductible, then you might want to think about dropping full coverage.
For example, let’s pretend your Honda Accord replacement cost is $9,000 and you have $1,000 full coverage deductibles. If your vehicle is damaged in an accident, you would only receive $8,000 after paying your deductible. If you are paying more than $800 annually for full coverage, then it’s probably a good time to buy liability coverage only.
There are some conditions where only buying liability is not in your best interest. If you still owe a portion of the original loan, you have to keep full coverage to protect the lienholder’s interest in the vehicle. Also, if you cannot afford to purchase a different vehicle if your current one is totaled, you should keep full coverage on your policy.
You Can Change Your Insurance Costs
A large part of saving on auto insurance is knowing some of the factors that play a part in calculating the rates you pay for auto insurance. If you have a feel for what impacts premium levels, this helps enable you to make changes that could result in better auto insurance rates. Lots of things are used in the calculation when you quote your car insurance policy. Some of the criteria are obvious like your driving record, but some are more transparent such as your credit history or your vehicle rating.
- When should you file auto insurance claims? – Companies in Oklahoma generally give better rates to insureds that do not abuse their auto insurance. If you frequently file small claims, you can expect either a policy non-renewal or much higher rates. Insurance coverage is intended for major claims that would cause financial hardship.
- Cars with good safety ratings cost less to insure – Safer cars tend to have better insurance rates. Vehicles built for safety help reduce the chance of injuries in an accident and any reduction in injury severity translates directly to fewer claims and more competitive rates for policyholders.
- Excellent credit equals lower rates – Your credit score factor in determining premium rates. So if your credit history is low, you could be paying less to insure your Honda Accord by taking the time to improve your credit score. Consumers who have high credit scores tend to file fewer claims than those with poor credit.
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Drive a fast vehicle and pay more – The performance of the car, truck or SUV you are buying insurance for makes a significant difference in your car insurance bill. The cheapest rates are usually found on lower cost passenger models, but the cost you end up paying is determined by many additional factors.
The following chart is based on a single male driver age 30, full coverage with $500 deductibles, and no discounts or violations. It compares Honda Accord policy rates compared to other models of vehicles that have a range of performance rating factors.
- More stress means more cost – Occupations like military personnel, social workers, and emergency personnel generally pay higher premiums than the average policyholder in part from high stress levels and extremely grueling work hours. On the flip side, jobs such as scientists, historians and performers get better rates.
- Deter car thieves – Buying a car that has an advanced theft prevention system can save you a little every year. Anti-theft devices like OnStar, LoJack tracking, and tamper alarms all hinder car theft and help bring rates down.
- Auto insurance policy lapses increase prices – Allowing your auto insurance policy to lapse will be a sure-fire way to drive up your policy premiums. And not only will insurance be more expensive, being ticketed for driving with no insurance might get you fines and jail time. You may then be required to prove you have insurance by filing a SR-22 with the Oklahoma department of motor vehicles.
- Don’t buy incidental coverages that may not be needed – Insurance policies have a lot of add-on coverages that can waste your money if you don’t pay attention. Insurance for personal injury protection, accidental death, and membership fees are probably not needed. They may seem like a good idea when buying your policy, but if you don’t need them consider taking them off your policy.
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Honda Accord claim data – Insurers use data from past claims to help set a rate to offset losses. Vehicles that are shown to have higher loss trends will have higher rates. The table below shows the insurance loss data used by companies for Honda Accord vehicles.
For each coverage category, the claim amount for all vehicles averaged together is equal to 100. Values under 100 mean the vehicle has better than average losses, while numbers that are greater than 100 indicate more frequent losses or larger claims.
Auto Insurance Loss Data for Honda Accord Models 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
Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years
These discounts can lower your car insurance quotes
Car insurance is not cheap nor is it fun to buy but there’s a good chance there are discounts that can help lower your rates. Larger premium reductions will be automatically applied at the time of purchase, but some must be specially asked for before they will apply. If you check and find you aren’t receiving every discount you qualify for, you could be getting lower rates.
- Auto/Home Discount – If you insure your home and vehicles and place coverage with the same company you will save at least 10% off all policies.
- No Accidents – Insureds with no claims or accidents can save substantially in comparison to insureds who have frequent claims or accidents.
- Accident Forgiveness Coverage – Not necessarily a discount, but a handful of insurance companies may permit one accident without getting socked with a rate hike as long as you don’t have any claims for a particular time prior to the accident.
- Discount for Life Insurance – Insurance carriers who offer life insurance give a break if you buy life insurance.
- Drivers Education – Cut your cost by having your teen driver successfully take a driver’s education course if it’s offered in school.
- More Vehicles More Savings – Buying insurance for more than one vehicle on the same car insurance policy may reduce the rate for each vehicle.
- Discounts for Cautious Drivers – Safe drivers can save up to 40% or more on their Oklahoma City auto insurance quote than their less cautious counterparts.
You should keep in mind that some credits don’t apply to all coverage premiums. Most only apply to the price of certain insurance coverages like collision or personal injury protection. If you do the math and it seems like all those discounts means the company will pay you, car insurance companies aren’t that generous.
The chart below illustrates the comparison of Honda Accord insurance costs with and without discounts applied to the policy premium. Data assumes a female driver, no tickets, no at-fault accidents, Oklahoma state minimum liability limits, comp and collision included, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, multi-car, claim-free, homeowner, safe-driver, and multi-policy discounts applied.
Companies and some of the premium reductions they offer are detailed below.
- American Family discounts include good driver, mySafetyValet, accident-free, good student, and early bird.
- Farm Bureau may have discounts that include driver training, multi-vehicle, renewal discount, youthful driver, multi-policy, 55 and retired, and good student.
- State Farm has savings for Drive Safe & Save, driver’s education, anti-theft, defensive driving training, safe vehicle, accident-free, and multiple policy.
- Travelers policyholders can earn discounts including good student, payment discounts, IntelliDrive, driver training, new car, and early quote.
- The Hartford includes discounts for good student, defensive driver, vehicle fuel type, anti-theft, and driver training.
- GEICO offers discounts for anti-theft, defensive driver, air bags, multi-vehicle, and multi-policy.
- Progressive may offer discounts for multi-vehicle, good student, multi-policy, continuous coverage, and homeowner.
When getting a coverage quote, ask each company or agent how many discounts you can get. Savings might not apply in your area. If you would like to choose from a list of car insurance companies who offer car insurance discounts in Oklahoma, click here to view.
Car insurance agents near you
Some consumers just prefer to buy from a licensed agent and that can be a smart move A good thing about getting free rate quotes online is that you can find lower rates but also keep your business local.
Once you complete this short form, your insurance coverage information is immediately sent to insurance agents in Oklahoma City who want to provide quotes to get your business. You never need to visit any agencies because prices are sent to you directly. Get lower rates without a big time investment. If you want to get a comparison quote from a specific company, you can always go to their quote page and give them your coverage information.
Finding a good provider should depend on more than just the price. The answers to these questions are important, too.
- If you raise deductibles, how much can you save?
- Is there a local claims center in Oklahoma City?
- Do they prorate repair cost based on vehicle mileage?
- Will the quote change when the policy is issued?
- What companies can they write with?
- In the event of vehicle damage, can you pick the collision repair facility?
- Is assistance available after office hours?
- Are aftermarket or OEM parts used to repair vehicles?
If you are wanting to find a reliable agent, you need to know there are two different agency structures and how they differ in how they can insure your vehicles. Car insurance agencies can be classified as either independent agents or exclusive agents.
Exclusive Insurance Agents
Agents of this type can usually just insure with one company and some examples include Farmers Insurance, American Family, State Farm and Allstate. Exclusive agents are unable to place coverage with different providers so they really need to provide good service. Exclusive insurance agents receive extensive training in insurance sales and that enables them to sell even at higher rates.
The following is a short list of exclusive insurance agents in Oklahoma City who may provide you with rate quotes.
Bob Stockton – State Farm Insurance Agent
4625 N May Ave – Oklahoma City, OK 73112 – (405) 943-8373 – View Map
Terry Amacher – State Farm Insurance Agent
4509 NW 63rd St – Oklahoma City, OK 73132 – (405) 721-5500 – View Map
Claire Faulkner-Truong – State Farm Insurance Agent
840 NW 50th St – Oklahoma City, OK 73118 – (405) 787-2626 – View Map
Independent Agencies or Brokers
Agents of this type are not required to write business for one company and that enables them to quote your coverage with any number of different companies and potentially find a lower price. If prices rise, they simply move your policy to a different company without you having to go to a different agency.
If you are comparing car insurance prices, we recommend you compare prices from a couple of independent agencies for maximum quote selection.
Shown below is a short list of independent insurance agencies in Oklahoma City that are able to give price quote information.
State Auto Insurance
4030 NW 10th St – Oklahoma City, OK 73107 – (405) 943-5575 – View Map
Scott Godwin Insurance Agency – OKC Insurance
9026 SE 29th St – Oklahoma City, OK 73150 – (405) 600-6400 – View Map
Copeland Insurance
5002 S Anderson Rd – Oklahoma City, OK 73150 – (405) 737-6231 – View Map
When to get professional advice
When quoting and choosing your policy for your vehicles, there is no one-size-fits-all type of policy. Everyone’s needs are different.
For instance, these questions can aid in determining whether or not you could use an agent’s help.
- How long can I keep a teen driver on my policy?
- Is there a penalty for late payment?
- Should I buy additional glass protection?
- What if a claim settlement is too low?
- When should I not buy collision coverage?
- When should I drop full coverage on my Honda Accord?
- Why am I required to buy high-risk coverage?
- Is my state a no-fault state?
If you can’t answer these questions but one or more may apply to you, you might consider talking to an agent. To find an agent in your area, complete this form.
What is YOUR best insurance company?
You just learned a lot of information how to save on Honda Accord insurance in Oklahoma City. It’s most important to understand that the more times you quote, the better your chances of lowering your prices. Consumers may even find the lowest premium rates come from a smaller regional carrier.
Some insurance companies may not have rate quotes online and usually these regional carriers only sell through local independent agents. Budget-conscious Honda Accord insurance is available online as well as from insurance agents, and you need to comparison shop both to have the best chance of lowering rates.
Insureds change insurance companies for any number of reasons including delays in paying claims, questionable increases in premium, delays in responding to claim requests or high rates after DUI convictions. It doesn’t matter why you want to switch finding a great new company is not as difficult as it may seem.
Additional information is located at the links below
- Distracted Driving Extends Beyond Texting (State Farm)
- What Insurance is Cheapest for Teenagers in Oklahoma City? (FAQ)
- How Much are Oklahoma City Car Insurance Quotes for Inexperienced Drivers? (FAQ)
- What Insurance is Cheapest for High School Students in Oklahoma City? (FAQ)
- How Much are Auto Insurance Rates for Young Drivers in Oklahoma City? (FAQ)
- Understanding your Policy (NAIC.org)
- Driving in Bad Weather (Insurance Information Institute)
- Choosing an Insurance Company (Insurance Information Institute)
- Top Signs Your Brakes are Giving Out (State Farm)