Insurance rates Honda Accord in MinneapolisDid a good deal turn into an overpriced insurance policy? It's quite common and many consumers are feeling buyer's remorse and feel like there's no way out.

Unbelievable but true, the majority of drivers have stayed with the same insurance company for over three years, and virtually 40% of consumers have never even compared quotes to find cheaper rates. Minnesota insurance shoppers can cut their rates by nearly $1,000 a year by just shopping around, but they feel it's too difficult to compare rate quotes online. Lots of insurance companies contend for your hard-earned dollar, and it can be difficult to compare rates to find the best rate on Honda Accord insurance in Minneapolis.

If you already have coverage or are looking for a new policy, you can use this information to get lower rates while maximizing coverage. Buying the cheapest auto insurance in Minneapolis is really not that difficult. Vehicle owners just have to learn the quickest way to compare company rates using one simple form.

Affordable companies for Honda Accord insurance

The companies shown below offer price quotes in Minnesota. If more than one company is shown, we suggest you compare several of them in order to find the lowest rates.

Honda Accord Insurance Rates in Minneapolis, MN
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Accord LX 4-Dr Sedan $164 $282 $254 $14 $76 $790 $66
Accord LX 4-Dr Sedan $192 $336 $364 $22 $108 $1,022 $85
Accord EX 4-Dr Sedan $228 $458 $350 $20 $104 $1,160 $97
Accord LX-P 4-Dr Sedan $120 $196 $278 $16 $84 $694 $58
Accord LX-P 4-Dr Sedan $244 $340 $354 $20 $106 $1,064 $89
Accord EX-L 4-Dr Sedan $118 $220 $258 $16 $78 $690 $58
Accord EX 2-Dr Coupe $234 $570 $376 $22 $112 $1,314 $110
Accord LX-S 2-Dr Coupe $238 $476 $366 $22 $110 $1,212 $101
Accord EX-L 2-Dr Coupe $216 $414 $344 $20 $104 $1,098 $92
Get Your Own Custom Quote Go

Price data assumes married male driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Minnesota minimum liability limits. Discounts applied include multi-policy, multi-vehicle, claim-free, safe-driver, and homeowner. Premium costs do not factor in vehicle garaging location which can change premium rates greatly.

Higher deductibles save money

One of the most common auto insurance questions is the level to set your comp and collision deductibles. The following insurance rates may aid in understanding the price difference when you select higher and lower insurance deductibles. The first rate estimation uses a $100 deductible and the second price grid uses a $500 deductible.

Honda Accord insurance prices with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Accord LX 4-Dr Sedan $238 $406 $270 $16 $80 $1,035 $86
Accord LX 4-Dr Sedan $238 $406 $270 $16 $80 $1,035 $86
Accord EX 4-Dr Sedan $238 $406 $270 $16 $80 $1,035 $86
Accord LX-P 4-Dr Sedan $238 $406 $270 $16 $80 $1,035 $86
Accord LX-P 4-Dr Sedan $238 $406 $270 $16 $80 $1,035 $86
Accord EX-L 4-Dr Sedan $272 $492 $270 $16 $80 $1,155 $96
Accord EX 2-Dr Coupe $272 $580 $358 $22 $108 $1,365 $114
Accord LX-S 2-Dr Coupe $272 $580 $358 $22 $108 $1,365 $114
Accord EX-L 2-Dr Coupe $308 $580 $358 $22 $108 $1,401 $117
Get Your Own Custom Quote Go
Honda Accord insurance prices with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Accord LX 4-Dr Sedan $174 $274 $270 $16 $80 $814 $68
Accord LX 4-Dr Sedan $174 $274 $270 $16 $80 $814 $68
Accord EX 4-Dr Sedan $174 $274 $270 $16 $80 $814 $68
Accord LX-P 4-Dr Sedan $174 $274 $270 $16 $80 $814 $68
Accord LX-P 4-Dr Sedan $174 $274 $270 $16 $80 $814 $68
Accord EX-L 4-Dr Sedan $200 $334 $270 $16 $80 $900 $75
Accord EX 2-Dr Coupe $200 $392 $358 $22 $108 $1,080 $90
Accord LX-S 2-Dr Coupe $200 $392 $358 $22 $108 $1,080 $90
Accord EX-L 2-Dr Coupe $224 $392 $358 $22 $108 $1,104 $92
Get Your Own Custom Quote Go

Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, and Minnesota minimum liability limits. Discounts applied include homeowner, claim-free, multi-vehicle, multi-policy, and safe-driver. Price information does not factor in zip code location which can revise rates significantly.

Based on this data, we can arrive at the conclusion that using a $100 deductible could cost the average driver approximately $21 more each month or $252 annually than quoting the higher $500 deductible. Since the policyholder would be required to pay $400 more if you file a claim with a $500 deductible as compared to a $100 deductible, if you average at a minimum 19 months between claim filings, you would more than likely save some money if you decide on a higher deductible.

Deductible analysis

The illustration below highlights how deductible selection and can influence Honda Accord yearly insurance costs for different age groups. The data is based on a single male driver, full coverage, and no additional discounts are factored in.

Get cheaper Honda Accord insurance rates in Minneapolis

Properly insuring your vehicles can get expensive, but there could be significant discounts that can drop the cost substantially. Some trigger automatically at quote time, but some may not be applied and must be requested specifically prior to receiving the credit.

Drivers should understand that some of the credits will not apply to your bottom line cost. A few only apply to the cost of specific coverages such as physical damage coverage or medical payments. So when it seems like having all the discounts means you get insurance for free, nobody gets a free ride.

Larger auto insurance companies and some of their more popular discounts are included below.

When quoting, ask all companies you are considering what discounts are available to you. A few discounts might not apply in your area.

You may need specialized car insurance coverage

When choosing a policy for your personal vehicles, there really is no "best" method to buy coverage. Everyone's situation is a little different and your car insurance should unique, too. For example, these questions could help you determine if your situation might need an agent's assistance.

If you don't know the answers to these questions but a few of them apply then you might want to talk to an insurance agent. To find lower rates from a local agent, take a second and complete this form or go to this page to view a list of companies. It's fast, free and you can get the answers you need.

Compare rates but still have a local neighborhood Minneapolis car insurance agent

Some consumers would rather buy from a licensed agent and doing that can be a smart decision Most agents are very good at helping people manage risk and help in the event of a claim. One of the best bonuses of price shopping on the web is you may find the best rates and still have an agent to talk to.

Minneapolis insurance agentsTo find an agent, once you fill out this short form, your insurance data is sent to local insurance agents who will return price quotes for your business. You won't even need to contact an agency since rate quotes are delivered directly to you. If you want to get a price quote from a specific company, you can always visit that company's website and give them your coverage information.

Choosing an company should include more criteria than just the bottom line cost. These are valid questions to ask:

If you want a local agent, it's helpful to know the different types of agencies and how they work. Insurance agencies can be classified as either independent agents or exclusive agents. Either type can sell and service insurance coverage, but it's good to learn the difference between them because it can factor into which type of agent you select.

Exclusive Insurance Agents

Agents that choose to be exclusive can only provide one company's prices such as Allstate, AAA, Farmers Insurance, and State Farm. They usually cannot provide rate quotes from other companies so if the price isn't competitive there isn't much they can do. Exclusive insurance agents are very knowledgeable on their company's products and that can be a competitive advantage.

Below is a short list of exclusive agents in Minneapolis who can help you get price quotes.


1516 W Lake St Suite 203 - Minneapolis, MN 55408 - (612) 822-1287 - View Map


2846 Johnson St NE - Minneapolis, MN 55418 - (612) 789-4341 - View Map


222 S 9th St #270 - Minneapolis, MN 55402 - (612) 843-8444 - View Map

More Minneapolis agents

Independent Agents

Agents in the independent channel are not employed by any specific company so they can quote policies with an assortment of companies depending on which coverage is best. If your premiums go up, an independent agent can move your coverage without you having to go to a different agency.

If you are comparing insurance prices, we recommend you get some free quotes from several independent agencies to get the most accurate price comparison.

Shown below are independent insurance agencies in Minneapolis that can give you price quotes.


333 N Washington Ave - Minneapolis, MN 55401 - (612) 460-7796 - View Map


2800 Freeway Blvd - Minneapolis, MN 55430 - (763) 549-2200 - View Map

Bernie Glover Insurance Agency
2520 Lowry Ave N - Minneapolis, MN 55411 - (612) 522-6531 - View Map

More Minneapolis agents

Why you might not save $457 a year

Consumers constantly see and hear ads that claim the lowest premium rates from the likes of Allstate and Progressive. All the companies advertise the message that drivers can save some big amount after switching to them.

How does each company offer you a better deal on Honda Accord insurance in Minneapolis? This is how they do it.

Auto insurance companies quote the lowest rates for a prospective insured that earns them the highest profit. One example of a preferred risk might be between 30 and 50, has never had a claim, and chooses high deductibles. Any person who meets those qualifications will probably get the lowest prices and will probably save money with a new company.

Insureds who fall short of the "perfect" profile will be charged higher premium rates with the end result being the customer not buying. If you listen to the ad wording, they say "drivers who switch" but not "all drivers who get quotes" save the amount stated. That's the way companies can truthfully lure you into getting a quote. This illustrates why you absolutely need to get a wide range of price quotes. It's just too difficult to predict with any certainty which company will provide you with the cheapest Honda Accord insurance in Minneapolis.

In the end, you can save money

You just read quite a bit of information on how to get a better price on Honda Accord insurance in Minneapolis. The most important thing to understand is the more companies you get car insurance rates for, the more likely it is that you will get a better rate. You may even be surprised to find that the best rates are with a small local company. These smaller insurers may only write in your state and offer lower car insurance rates than the large multi-state companies such as GEICO and State Farm.

As you restructure your insurance plan, it's very important that you do not sacrifice coverage to reduce premiums. Too many times, consumers will sacrifice full coverage and discovered at claim time that a couple dollars of savings turned into a financial nightmare. Your strategy should be to purchase a proper amount of coverage at the best cost, but do not skimp to save money.

Additional insurance information is located below: