Car Insurance for Sedans

Cheapest Car Insurance for Sedans


Sedans are generally what you think of when someone says “cars.” They’re a good A to B vehicle that tends to do exactly what you need - nothing more, nothing less. And in terms of cost to own and insure, they’re fairly inexpensive. Let’s explore some popular make/model for cars as well as their cost to own and insure. Let’s get started.


Insuring your sedan:
  1. Cheapest car insurance rates by company for sedans
  2. How else can you save?
  3. Additional sources




Cheap car insurance for your sedan by company


Although sedans do tend to be on the lower end to insure than a truck or hybrid vehicle, you can overpay if your driving record and profile doesn’t fit with your current company. Meaning, it’s important to look at different companies when shopping for car insurance. Select the make/model of your sedan and see which companies are the cheapest.





Chevrolet Cruze


An American built car, the Chevy Cruze is not only the cheapest to buy but also to insure. With a list price of $16,975 and average annual premium at $1,372, the Chevy Cruze is over $3,000 cheaper to buy and nearly $100 cheaper to insure than the sedan group average. If you’re considering this sedan, you should start your search for car insurance with Farmers and Allstate.

Annual Insurance Rates for a Chevrolet Cruze

CompanyPremium
Allstate$1,311
Geico$1,368
Farmers$1,263
Liberty Mutual$1,408
Nationwide$1,338
Progressive$1,426
State Farm$1,477
USAA$1,382



Honda Accord


A pretty popular vehicle, the Honda Accord is moderately priced if we look at the other sedans. Although it’s $2,000 less than the group average cost to own, it’s only $32 cheaper to insure. This vehicle will set you back $18,640 to buy an average of over $710 per standard 6-month policy. Again, Farmers and Allstate are your cheapest options here.

Annual Insurance Rates for a Honda Accord

CompanyPremium
Allstate$1,362
Geico$1,412
Farmers$1,305
Liberty Mutual$1,445
Nationwide$1,357
Progressive$1,466
State Farm$1,549
USAA$1,476



Ford Fusion


After the Toyota Camry, the Ford Fusion is the most expensive sedan to buy. With a list price at $22,750, the Fusion is $2,416 more to buy than the group average of our selected sedans. But in terms of insurance, it’s middle of the pack. On average, this vehicle will set you back $1,444 a year to insure. But by selecting Farmers, you can cut this average back by $116 annually.

Annual Insurance Rates for a Ford Fusion

CompanyPremium
Allstate$1,382
Geico$1,437
Farmers$1,328
Liberty Mutual$1,464
Nationwide$1,410
Progressive$1,497
State Farm$1,561
USAA$1,473



Hyundai Sonata


Although the cost to insure a Hyundai Sonata is only a dollar away from the group average, it’s over $1200 more to buy. If you’re set on a Sonata and want to try to keep your overall cost of ownership as low as possible, consider Farmers, Nationwide, or Allstate.

Annual Insurance Rates for a Hyundai Sonata

CompanyPremium
Allstate$1,389
Geico$1,453
Farmers$1,352
Liberty Mutual$1,479
Nationwide$1,398
Progressive$1,513
State Farm$1,560
USAA$1,489



Honda Civic


Another popular Honda model, a Honda Civic has a lower list price but gravitates towards the higher end of insurance cost. Listed at $18,640 to own, a Civic will set you back an average of $731 per a standard 6-month or about $122 a month. Your lowest cost to insure this sedan is again with Farmers and Allstate.

Annual Insurance Rates for a Honda Civic

CompanyPremium
Allstate$1,389
Geico$1,454
Farmers$1,319
Liberty Mutual$1,485
Nationwide$1,405
Progressive$1,520
State Farm$1,604
USAA$1,527



Toyota Camry


Arguably one of the most popular sedans on the market, the Toyota Camry has the most expensive list value and the second highest average annual premium. Looking at the cheapest sedan, the Cruze, the Camry is $6,000 more expensive to buy and over $100 more per year to insure. You can reduce this insurance premium difference by selecting Allstate and Farmers.

Annual Insurance Rates of a Toyota Camry

CompanyPremium
Allstate$1,419
Geico$1,467
Farmers$1,330
Liberty Mutual$1,503
Nationwide$1,452
Progressive$1,530
State Farm$1,612
USAA$1,514



Toyota Corolla


Our second Toyota, a Corolla is usually advertised as a more affordable version than the Camry and that’s true in all but the cost to insure. A Corolla does have a list price of $18,500 which is $4500 cheaper than the Corolla but is a measly $8 more to insure on an annual basis. You can reduce this difference to $7 by selecting Farmers.

Annual Insurance Rates of a Toyota Corolla

CompanyPremium
Allstate$1,420
Geico$1,477
Farmers$1,337
Liberty Mutual$1,507
Nationwide$1,447
Progressive$1,537
State Farm$1,624
USAA$1,540



Nissan Altima


The last of the sedans we’ll look at, the Nissan Altima, is on the pricier end. With a list value of $22,500 and an average annual premium of $1,504, this vehicle is more than $2,000 more to buy and $50 more to insure than the group average. If you’re looking to acquire this vehicle, you decrease the cost by selecting Farmers.

Annual Insurance Rates of a Nissan Frontier

CompanyPremium
Allstate$1,434
Geico$1,496
Farmers$1,406
Liberty Mutual$1,523
Nationwide$1,448
Progressive$1,560
State Farm$1,617
USAA$1,549




How else can you save?


While the overall cost of ownership might be cheaper than a truck or sports car saving money is always a smart idea. Let’s break down some simple and easy steps that could save you a lot of money on your car insurance.


Be smart with your claims

Although insurance is designed to protect and keep your sedan looking new if you’re looking to save money you should try to use it as infrequently as possible. Unless you have some type of accident forgiveness built into your policy, any at-fault accident you have on your insurance will be listed as a chargeable claim for 3 years. By chargeable, we are referring to something your insurance company will use in determining your premium. The amount you’ll be charged will be dependent on the incident, your state, and your insurance company. But, on average in the US, you can expect a 48% increase in your premium. Broken down below, you can see how a claim can affect your premium over this 3 year period.


Average Rate Increase after at At-Fault Claim

Increase at 6 monthsIncrease at 12 monthsIncrease at 3 Years
+$291+$582+$1,746

So, if you’re wondering if you should file a claim, consider step by step guide below before contacting your insurance company.

  • Get an estimate for the repairs at a local repair shop
  • Use our State of Insurance analysis to see how much an at-fault accident would raise your rates in your state. You should consider this value for a 3 year period, as that’s how long most companies will charge you for.
  • Compare the rate increase plus your deductible to the out of pocket value. Whichever is lower, do that.

If you’re the at-fault driver in an accident, you are essentially at the mercy of the other party in terms of whether you can involve your company. If the other driver does not want to be paid out of pocket for the damage, which is common, you don’t have a choice. Moreover, when we saying claims we’re primarily talking using your collision coverage. comprehensive coverage or uninsured property damage claims typically rated on your premium as not-at-fault accidents. Typically, they can raise your premium a 1-2% per year.


Double check for discounts

While most discounts like the ones we’ll mention are quite small, they can add up to cut down on your car insurance bill. So, when looking for ways to save on your sedan, consider the following discounts:

  • Multi-policy discount
  • Good driver discount
  • Paperless discount
  • Payment by bank account
  • Paid in full discount (paying your premium in one payment)
  • Multi-vehicle discount
  • Telematics


Shop around

While we’ve shown you some estimate for car insurance for your sedan, it is specific to our user profile which most likely doesn’t reflect you. Meaning, you should consider our rates as a starting off point and follow our lead. There will be many times when Farmers and Nationwide aren’t the cheapest companies. The best way to make sure you’re getting the cheapest rate for you is to look at as many companies as possible. Enter your zip code below to see the best rate for your vehicle.




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Additional information


Didn't get all your question asked? No problem, see our additional articles here for more ways to save on car insurance.





Method to Our Madness: how we do it


Between September and December 2017, The Zebra conducted comprehensive auto insurance pricing analysis using its proprietary quote engine, comprising data from insurance rating platforms and public rate filings. The Zebra examined nearly 53 million rates to explore trends for specific auto insurance rating factors across all United States zip codes, averaged by state, including Washington, DC.

Analysis used a consistent base profile for the insured driver: a 30-year-old single male driving a 2013 Honda Accord EX with a good driving history and coverage limits of $50,000 bodily injury liability per person/$100,000 bodily injury liability per accident/$50,000 property damage liability per accident with a $500 deductible for comprehensive and collision. For coverage level data, optional coverage (that must be rejected in writing) is included where applicable, including uninsured motorist coverage and personal injury protection.

National property and casualty losses information is from the Insurance Information Institute and the NOAA National Centers for Environmental Information U.S. Billion-Dollar Weather and Climate Disasters report.

For vehicle make and model data, analysis referenced the most popular vehicles in the U.S. by 2016 year-end sales according to Goodcarbadcar.net’s automakers’ data.

Finally, some rate data may vary slightly throughout report based on rounding.