Learn how much you can expect to pay in insurance premiums for your Honda Civic and what factors can impact the price.
The Honda Civic is an affordable compact car with a spacious cabin and a sporty look and feel. The Civic is an excellent car for driving in cities and comfortable enough for long road trips. If you’re looking to purchase a new or used Honda Civic, you may want to know what the insurance will cost before you buy it since the type of Civic (including the body style and trim level) can impact your insurance cost. As always, it’s important to do your research before committing.
What Is Insurance?
Insurance is a contract you make with an insurance company detailing the terms of the premium payment you make monthly and how much protection the company agrees to provide in case of an accident. The monthly premium you pay goes towards the company’s profit and any future expenses you may incur due to damages or hospital bills. You can select an insurance plan that has a combination of any or all of the following types of insurance:
Bodily Injury and Property Damage Liability
Many states require drivers to have bodily injury and property damage liability insurance. If you cause an accident where the other motorist or any of their passengers are injured or damages the car, this insurance covers the cost. This insurance can protect you from going into debt and taking responsibility for the accident, and protects the other motorists from going into debt over an accident that wasn’t their fault.
Uninsured or Underinsured Motorist Coverage
Uninsured or underinsured motorist coverage protects you when you’re in an accident caused by another motorist who doesn’t have bodily injury and property damage liability insurance. It can also be useful if the other person has insufficient insurance, so you’re not stuck paying the difference between the cost and what the other motorist’s insurance offers to cover.
Collision Coverage
Collision coverage is typically for people renting or leasing a car. When you rent a car, you’re responsible for returning it in the condition it was rented, which is usually as close to factory standard as possible. If you crash the car or it sustains any damage, collision coverage can prevent you from paying for the repairs to the car.
Comprehensive Coverage
Comprehensive coverage is a catchall insurance policy that includes damage that may be sustained through no fault of your own or another motorist. If you hit an animal or your car receives damage due to inclement weather, comprehensive coverage can protect you from expensive repair costs. You can also get this insurance for rented or leased vehicles.
Medical Coverage
Medical coverage can cover insurance for any medical bills you incur in an accident or the medical bills of another motorist or passenger. Medical bills can be huge expenses, and having insurance to cover them can help ease paying them.
Honda Civic Insurance
There are several factors that determine the price of insurance for your Honda Civic including where you live and the trim level of the car (the sportier Civic Si and Type R models will likely cost more to insure than standard Civic models):
Model Year
Insurance is determined using a few different factors, one of which is the model and make of the car. Insurance for a Honda Civic may change by the year it was manufactured and what model and trim you have. The premium cost for a 2022 Honda Civic is $806.87 per year, or $67.24 per month. The older your model of Honda Civic, the lower the premium may be because the value of the car is lower. For example, a 2021 Honda Civic has an average cost of $744.70 whereas one from 2010 may have a yearly cost of $739.13.
Your Age
Your age can decide how much your premium is because insurance agencies use statistics to determine how likely it is that you may be in a collision. For example, younger drivers typically have higher premiums because they’re statistically more likely to get into accidents. Usually, your premium starts to level out around your 30s. For example, here is a breakdown of average insurance prices for a Honda Civic 2022 model:
- 16-19-year-olds may pay $546.41
- 20-29-year-olds may pay $286.59
- 30-39-year-olds may pay $196.05
- 40-49-year-olds may pay $183.65
- 50-59-year-olds may pay $194.33
- 60 year-olds and older may pay $168.11
Insurance Provider
Another important thing to keep in mind is that different providers may offer different rates for your Honda Civic. Insurance companies set their prices and base them on market pricing, meaning when there is high competition, prices may go down, and when there is high demand for insurance, prices may go up. Additionally, some insurance companies use low prices as a part of their business strategy. Usually, budget insurance companies also offer fewer benefits in terms of coverage, so do your research before selecting an insurance policy that doesn’t cover everything.
For example, popular insurance companies may offer the following prices as quotes for a 2020 Honda Civic:
- Allied: $956 per year
- Nationwide: $1,273 per year
- USAA: $1,280 per year
- Progressive: $1,426 per year
- GEICO: $1,455 per year
- State Farm: $1,456
How To Choose Insurance
The insurance company has factors that they use to determine your premium, but there are also criteria that you should keep in mind when selecting an insurance policy:
Price
Keep in mind how much you can afford to pay monthly for your insurance. You can usually alter how much coverage you get based on the overall price. Once you know how much you can budget each month, you can research which insurance companies offer coverage within that range and reach out to them for a quote.
Coverage
Coverage refers to what events the insurance company covers under your policy. Plans with more coverage typically cost more than plans with less coverage because there is more of a likelihood that you will need insurance if you have broader coverage. For example, if your insurance covers weather damage and collisions, you may be more likely to use your insurance to repair weather damage frequently than you are to get into many collisions.
Location
Not all insurance companies offer coverage in every state. Rates can also vary by state. Research the insurance availabilities in your area to choose the right policy.
A Honda Civic is a reliable car, and with the right insurance, you can be safe and comfortable on the road. Reach out directly to the insurance companies for accurate quotes.
At FIXD, our mission is to make car ownership as simple, easy, and affordable as possible. Our research team utilizes the latest automotive data and insights to create tools and resources that help drivers get peace of mind and save money over the life of their car.
