Remarkably, a study showed that over 70% of Texas drivers kept buying from the same company for four years or more, and virtually 40% of consumers have never quoted car insurance rates at all. American drivers could cut their rates by nearly $859 a year by just shopping around, but they just don’t understand the actual amount they would save if they bought a different policy.
If saving money is your primary concern, then the best way to get budget Honda Civic insurance is to begin comparing prices regularly from companies in Dallas. Rates can be compared by following these guidelines.
- Read about how auto insurance works and the things you can change to keep rates down. Many rating factors that result in higher rates like accidents, traffic violations, and a not-so-good credit rating can be eliminated by being financially responsible and driving safely. Keep reading for ideas to help reduce prices and earn a bigger discount.
- Get rate quotes from exclusive agents, independent agents, and direct providers. Exclusive agents and direct companies can only give rate quotes from one company like GEICO or Allstate, while independent agencies can quote rates for a wide range of insurance providers.
- Compare the new quotes to the price on your current policy to determine if switching companies saves money. If you find better rates, ensure coverage does not lapse between policies.
- Provide notification to your current agent or company of your decision to cancel your current auto insurance policy and submit payment and a signed application for your new coverage. Be sure to place the new certificate verifying proof of insurance in your vehicle.
The most important part of shopping around is that you use the same level of coverage on every quote and and to analyze as many different companies as possible. Doing this helps ensure an apples-to-apples comparison and and a good selection of different prices.
Insurance Price Influencing Factors
Many factors are taken into consideration when you quote your car insurance policy. Some factors are common sense like your driving record, although some other factors are less apparent like your vehicle usage and annual miles driven.
Listed below are some of the factors companies use to determine your rates.
Better prices on cars with good safety ratings – Vehicles with high crash test scores cost less to insure. Vehicles built for safety result in less severe injuries and fewer serious injuries means lower claim amounts and more competitive rates for policyholders.
How many miles do you drive? – The higher the mileage driven each year the more you’ll pay to insure it. A lot of companies apply a rate based upon how you use the vehicle. Cars and trucks left parked in the garage get more affordable rates than vehicles that are driven to work every day. Improper usage on your Civic is throwing money out the window. Ask your agent if your car insurance policy states how each vehicle is driven, because it can save money.
Vehicle risk impacts prices – The type of car or truck you drive makes a significant difference in the rate you pay. Low performance passenger models generally receive the lowest base rates, but other factors influence the final cost greatly.
The following chart assumes a married female driver age 30, full coverage with $250 deductibles, and no discounts or violations. The data compares Honda Civic insurance premiums compared to other models that have a range of performance rating factors.
Protect yourself with liability protection – The liability section of your policy is the protection in the event that a court rules you are at fault for damages caused by your negligence. Your liability coverage provides for a legal defense which can be incredibly expensive. This coverage is relatively inexpensive compared to other policy coverages, so drivers should carry high limits.
Responsible drivers pay lower costs – Your driving record impacts your car insurance rates tremendously. Even one chargeable violation may increase your cost to the point where it’s not affordable. Good drivers pay less for auto insurance compared to bad drivers. People who have careless violations such as DUI or willful reckless driving are required to submit a SR-22 or proof of financial responsibility with their state motor vehicle department in order to continue driving.
The illustration below shows how violations and at-fault accidents can raise Honda Civic car insurance costs for each different age category. The premium estimates are based on a married male driver, full physical damage coverage, $500 deductibles, and no discounts are taken into consideration.
Consolidate policies and save – Most car insurance companies apply discounts to policyholders that have more than one policy such as combining an auto and homeowners policy. Even with this discount applied, it’s still a good idea to check prices from other companies to guarantee you are still saving the most.
Older drivers save more – Teen drivers in Texas are statistically shown to be inattentive and easily distracted in a vehicle and because of this, their car insurance rates are much higher. Older insureds are proven to be safer behind the wheel, tend to file fewer claims, and usually have better credit.
The next chart is based on a single driver, full coverage with $250 deductibles, and no discounts or violations.
Honda Civic insurance loss data – Car insurance companies use historical loss data to help set a rate to offset losses. Models that have a trend towards higher claims will have higher premium rates.
The information below illustrates the loss history for Honda Civic vehicles. For each insurance policy coverage type, the claim probability for all vehicles compiled together is represented as 100. Values that are below 100 suggest losses that are better than average, while percentage numbers above 100 indicate more frequent claims or an increased chance of a larger loss.
| Vehicle Make and Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Honda Civic | 92 | 105 | 68 | 127 | 135 | 121 |
| Honda Civic Hybrid | 90 | 85 | 106 | 105 | 78 | |
| Honda Civic Si | 126 | 97 | 117 | 124 | 104 |
Empty fields indicate not enough data collected
Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Analysis of coverages
The premium information below showcases estimates of insurance rates for Honda Civic models. Having a better idea how insurance policy rates are formulated can help you make decisions on the best policy coverages.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Civic DX 4-Dr Sedan | $200 | $422 | $366 | $22 | $110 | $1,120 | $93 |
| Civic VP 4-Dr Sedan | $200 | $496 | $366 | $22 | $110 | $1,194 | $100 |
| Civic LX 4-Dr Sedan | $200 | $496 | $366 | $22 | $110 | $1,194 | $100 |
| Civic DX 2-Dr Coupe | $200 | $496 | $458 | $28 | $136 | $1,318 | $110 |
| Civic EX 4-Dr Sedan | $200 | $496 | $366 | $22 | $110 | $1,194 | $100 |
| Civic LX-S 4-Dr Sedan | $200 | $496 | $366 | $22 | $110 | $1,194 | $100 |
| Civic LX 2-Dr Coupe | $200 | $572 | $458 | $28 | $136 | $1,394 | $116 |
| Civic EX-L 4-Dr Sedan | $230 | $572 | $366 | $22 | $110 | $1,300 | $108 |
| Civic SI 4-Dr Sedan | $230 | $572 | $366 | $22 | $110 | $1,300 | $108 |
| Civic EX 2-Dr Coupe | $230 | $572 | $458 | $28 | $136 | $1,424 | $119 |
| Civic GX 4-Dr Sedan | $230 | $572 | $366 | $22 | $110 | $1,300 | $108 |
| Civic EX-L 2-Dr Coupe | $230 | $572 | $458 | $28 | $136 | $1,424 | $119 |
| Civic Hybrid 4-Dr Sedan | $260 | $496 | $366 | $22 | $110 | $1,254 | $105 |
| Civic SI 2-Dr Coupe | $260 | $648 | $458 | $28 | $136 | $1,530 | $128 |
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Data variables include married male driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Texas minimum liability limits. Discounts applied include multi-vehicle, homeowner, multi-policy, claim-free, and safe-driver. Price estimates do not factor in garaging location in Dallas which can change price quotes substantially.
The diagram below demonstrates how deductible levels and can affect Honda Civic insurance premiums for different ages of insureds. The premiums assume a single male driver, comp and collision included, and no discounts are taken into consideration.
Should you buy full coverage?
The diagram below compares Honda Civic yearly insurance costs with full physical damage coverage compared to only buying the minimum liability limits required in Texas. The data assumes a clean driving record, no at-fault accidents, $1,000 deductibles, drivers are not married, and no discounts are applied to the premium.
Guidelines for dropping full coverage
There is no written rule for phasing out physical damage coverage, but there is a general guideline. If the yearly cost for physical damage coverage is more than about 10% of the vehicle’s replacement cost less your deductible, then you may need to consider dropping full coverage.
For example, let’s pretend your Honda Civic replacement cost is $7,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled, you would only receive $6,000 after paying the physical damage deductible. If you are paying over $600 annually for your policy with full coverage, then you might want to think about dropping full coverage.
There are some cases where eliminating full coverage is not in your best interest. If you have an outstanding loan on your vehicle, you have to keep full coverage to protect the lienholder’s interest in the vehicle. Also, if your savings is not enough to buy a different vehicle if your current one is in an accident, you should keep full coverage in place.
Car insurance policy discounts you can’t miss
Insuring your vehicles can cost a lot, but companies offer discounts to help bring down the price. Some discounts apply automatically when you quote, but less common discounts must be asked about in order for you to get them. If you don’t get every credit possible, you could be paying more than you need to.
- Sign Online – A few larger online companies will give a small break for completing your application online.
- Braking Control Discount – Anti-lock brake equipped vehicles are much safer to drive so companies give up to a 10% discount.
- Theft Deterrent System – Cars, trucks, and SUVs equipped with tracking devices and advanced anti-theft systems have a lower chance of being stolen and that can save you a little bit as well.
- Onboard Data Collection – People who choose to allow their insurance company to scrutinize driving manner by installing a telematics device like Drivewise from Allstate or In-Drive from State Farm may see discounts as long as they are good drivers.
- Membership in Organizations – Having an affiliation with a professional or civic organization could earn you a nice discount on your policy.
- Low Miles Discount – Maintaining low annual mileage can earn slightly better car insurance rates than normal.
- Life Insurance – Not all insurance companies offer life insurance, but some may give you better prices if you take out life insurance.
- Mature Driver Discount – If you’re over the age of 55, you may be able to get a discount up to 10%.
Discounts lower rates, but some of the credits will not apply to your bottom line cost. Some only apply to the cost of specific coverages such as liability and collision coverage. Even though it may seem like you would end up receiving a 100% discount, it doesn’t quite work that way. But any discount should definitely cut your policy cost.
The example below shows the comparison of Honda Civic annual premium costs with and without some available policy discounts. The data assumes a male driver, no driving violations, no at-fault accidents, Texas state minimum liability limits, comprehensive and collision coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, safe-driver, multi-policy, marriage, claim-free, and homeowner discounts applied.
Companies and their offered discounts can be found below.
- Farmers Insurance offers discounts for alternative fuel, youthful driver, good student, switch companies, and pay in full.
- State Farm may include discounts for good student, defensive driving training, anti-theft, student away at school, and Steer Clear safe driver discount.
- Liberty Mutual has savings for new vehicle discount, new move discount, multi-car, new graduate, multi-policy, and newly retired.
- MetLife discounts include good student, claim-free, defensive driver, good driver, accident-free, multi-policy
- Progressive includes discounts for multi-vehicle, homeowner, online signing, continuous coverage, multi-policy, and online quote discount.
Double check with each company or agent how you can save money. Some of the discounts discussed earlier might not be offered on policies in your state.
What is YOUR best insurance company?
Some insurance companies may not offer the ability to get a quote online and these smaller providers prefer to sell through local independent agencies. Low-cost Honda Civic insurance in Dallas is available both online and also from your neighborhood Dallas agents, so compare prices from both to get a complete price analysis.
When trying to cut insurance costs, never skimp on coverage in order to save money. There have been many cases where someone sacrificed liability coverage limits and found out when filing a claim that they should have had better coverage. Your focus should be to get the best coverage possible at the lowest possible cost.
We just showed you a lot of information how to save on Honda Civic insurance in Dallas. The key thing to remember is the more you quote Dallas car insurance, the better your comparison will be. You may even discover the lowest premium rates come from a company that doesn’t do a lot of advertising.
More tips and info about car insurance is available at these sites:
- Preventing Carjacking and Theft (Insurance Information Institute)
- Who Has Cheap Car Insurance Rates for Welfare Recipients in Dallas? (FAQ)
- How Much are Dallas Car Insurance Rates for a Toyota Tacoma? (FAQ)
- Who Has Affordable Dallas Car Insurance for Low Credit Scores? (FAQ)
- Choosing a Car for Your Teen (State Farm)
- Collision Insurance Coverage (Nationwide)