Honda Civic insurance policy image courtesy of QuoteInspector.com
Buying competitive insurance for a Honda Civic doesn't take a lot of effort, but it hinges on a whole bunch of factors such as annual miles driven, whether or not you have filed claims in the past, and whether or not you are a good driver. Kentucky drivers will pay around $1,291 per year to insure their Civic, but that amount is an estimation using a 30-year-old married female driver with both comprehensive and collision coverage and $100 deductibles.
When estimating a car insurance rate like we just did, the issue is that you're not a 30-year-old female, possibly single instead of married, or you just want cheap liability insurance instead of full coverage. Have just a small change in rating criteria can make a big difference in the amount insurance costs for a Honda Civic.
This shows why the only way to find the cheapest insurance price for your Honda is to compare rates from as many companies as possible. To start saving now, get free quotes and you will receive price comparisons from top-rated companies available.
Your vehicle's trim level tends to have a direct effect on the cost of coverage, so the cost to insure a Civic DX 4-Dr Sedan trim level will be $446 less than the insurance cost for the more well-appointed Civic SI 2-Dr Coupe model, as shown by the rates below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Civic DX 4-Dr Sedan||$238||$498||$334||$20||$100||$1,190||$99|
|Civic VP 4-Dr Sedan||$238||$586||$334||$20||$100||$1,278||$107|
|Civic LX 4-Dr Sedan||$238||$586||$334||$20||$100||$1,278||$107|
|Civic DX 2-Dr Coupe||$238||$586||$416||$24||$124||$1,388||$116|
|Civic EX 4-Dr Sedan||$238||$586||$334||$20||$100||$1,278||$107|
|Civic LX-S 4-Dr Sedan||$238||$586||$334||$20||$100||$1,278||$107|
|Civic LX 2-Dr Coupe||$238||$674||$416||$24||$124||$1,476||$123|
|Civic EX-L 4-Dr Sedan||$272||$674||$334||$20||$100||$1,400||$117|
|Civic SI 4-Dr Sedan||$272||$674||$334||$20||$100||$1,400||$117|
|Civic EX 2-Dr Coupe||$272||$674||$416||$24||$124||$1,510||$126|
|Civic GX 4-Dr Sedan||$272||$674||$334||$20||$100||$1,400||$117|
|Civic EX-L 2-Dr Coupe||$272||$674||$416||$24||$124||$1,510||$126|
|Civic Hybrid 4-Dr Sedan||$308||$586||$334||$20||$100||$1,348||$112|
|Civic SI 2-Dr Coupe||$308||$764||$416||$24||$124||$1,636||$136|
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Data variables include married female driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Kentucky minimum liability limits. Discounts applied include claim-free, safe-driver, homeowner, multi-vehicle, and multi-policy. Premium costs do not factor in vehicle garaging location which can decrease or increase coverage prices considerably.
Lexington auto insurance companies
Picking the highest-rated car insurance provider can be challenging considering how many different companies insure vehicles in Kentucky. The ranking information displayed below could help you analyze which providers to look at when insurance shopping for a Honda Civic.
These rankings only include companies that insure vehicles across America, so companies that may only write in Kentucky are not included in the list. To check rates from these companies and more, click here.
Top 10 Major Car Insurance Companies in Lexington Ranked by A.M. Best Rating
- Travelers - A++
- USAA - A++
- GEICO - A++
- State Farm - A++
- Erie Insurance - A+
- Esurance - A+
- Progressive - A+
- Nationwide - A+
- The Hartford - A+
- Allstate - A+
Top 10 Major Car Insurance Companies Overall in Lexington
- AAA Insurance
- State Farm
- The Hartford
- Safeco Insurance
- American Family
Rate comparison of full coverage and liability-only
Saving money on auto insurance should be important to most vehicle owners, and one way to reduce the cost of insurance for a Honda Civic is to not buy comprehensive and collision coverage. The information below visualizes the comparison of auto insurance costs with and without physical damage coverage. The price estimates are based on no tickets, no at-fault accidents, $100 deductibles, single status, and no discounts are factored in.
If averaged out across all ages, full coverage costs an extra $2,434 per year more than just buying liability only. That is a significant amount which raises the question if physical damage coverage is worth the money. There isn't a written rule to drop comprehensive and collision coverage on your policy, but there is a guideline you can consider. If the yearly cost of full coverage is more than around 10% of the vehicle's replacement cost less your deductible, then it's probably a good time to buy liability coverage only.
For example, let's assume your vehicle's replacement value is $3,000 and you have $1,000 physical damage deductibles. If your vehicle is severely damaged, the most your company will settle for is $2,000 after paying your deductible. If premiums are more than $200 a year for full coverage, then you may want to consider only buying liability coverage.
There are some scenarios where dropping full coverage is not financially feasible. If you still owe a portion of the original loan, you must maintain physical damage coverage in order to satisfy the requirements of the loan. Also, if your savings is not enough to buy a different vehicle if your current one is damaged, you should not remove full coverage.
How accidents and tickets impact rates
One of the best ways to maintain the cheapest auto insurance premiums in Lexington for a Civic is to drive safely and avoid at-fault accidents and violations. The diagram below illustrates how speeding tickets and at-fault accidents can raise auto insurance costs for each different age category. The prices are based on a single male driver, comp and collision included, $1,000 deductibles, and no discounts are applied to the premium.
The data charted above shows the average cost of car insurance in Lexington per year with a clean driving record and no accidents is $1,799. Get one speeding ticket and the average cost increases to $2,029, an increase of $230 each year. Next add two accidents along with the one speeding ticket and the annual cost of auto insurance for a Honda Civic jumps again to an average of $4,132. That's an increase of $2,333, or $194 per month, just for not paying attention while driving!
Comparing rates on Civic insurance can save you money
Lexington, KY auto insurance rates are determined by lots of factors that may substantially change the price you have to pay for coverage. Simply having another birthday, getting divorced, or having a fender bender can cause premium changes that can now make some companies more affordable than competitors.
Not only that, but car insurance companies file new rates as often as every three months to adjust for unexpected claims or profits. A period of higher than normal claims may cause additional premium costs, while a better claims history can result in lower-cost Civic insurance rates.
For instance, the bar chart below shows the company with the cheapest car insurance in Lexington, KY for a 30-year-old male driver with no prior accidents, a clean driving record, and good credit. Based on his current risk factors, Cincinnati Insurance might quote the lowest car insurance rates in Lexington at $1,215 a year. This is $928 less than the average policy premium paid by Kentucky drivers of $2,143. Kentucky Farm Bureau, USAA, Auto-Owners, and Motorists Mutual are the remaining cheapest Lexington, KY auto insurance companies.
Let's now give the driver from the above example an accident surcharge, a lower credit rating, and a speeding ticket. Since each company uses a different method for determining prices, comparing insurance quotes will most likely result in a different set of the cheapest companies as shown below.
Kentucky Farm Bureau now has the lowest price on auto insurance in Lexington with Travelers, USAA, Westfield, and State Farm completing the list. This example proves why Lexington drivers need to shop around with many companies when trying to get the cheapest insurance quotes for a Honda Civic.
Car insurance prices are influenced by many things and can increase or decrease at any time, so the most economical company six months ago may now be quite expensive.
How to find the cheapest auto insurance for a Honda Civic
It is possible to find better rates, and here are some of the recommended thrifty ideas that can help Lexington drivers find cheap coverage.
- Drive vehicles with five-star safety ratings
- Buying home and auto together can help save money
- Avoid getting tickets or violations
- Try to remain claim-free
- Accidents can significantly increase rates
- Remove physical damage coverage on older vehicles
- Look for cheaper rates once a year by shopping around
The last suggestion is extraordinarily significant, as we noted in the prior information. Prices charged by companies fluctuate constantly, so don't hesitate to switch companies if a cheaper rate is available.
Brand loyalty is great, but it's not recommended if that inflexibility results in costing you major coinage every year. Take a few minutes and compare rates and find cheaper insurance for a Honda Civic in Lexington.
If you have coverage questions and would like to get some professional input when shopping for the best coverage for a Civic, the agents listed below are a good start to provide answers to your questions and help you determine which coverage fits your budget.
To locate a Lexington insurance agent using an interactive map, click the button after the list.
Blue Grass Insurance
2560 Richmond Rd # 200 - Lexington, KY 40509 - (859) 543-0050
David Lovejoy - State Farm Insurance Agent
125 Towne Center Dr #125 - Lexington, KY 40511 - (859) 266-2121
Nicole Wright Insurance Agency
169 E Reynolds Rd #102 - Lexington, KY 40517 - (859) 971-0221
2300 Regency Road - Lexington, KY 40503 - (859) 252-0381