2012 Honda Accord Insurance Analysis

The 2012 Honda Accord is the ideal car for safety, price and insurance costs.

Can the 2013 live up to what the 2012 Honda Accord accomplished?

There are 7 different versions of the 2012 Honda Accord for drivers to choose from, so there is no lack of choices if this is the vehicle you are considering. And why wouldn’t you take a look at the 2012 Honda Accord? It was named a Top Safety Pick for 2012 by the Insurance Institute of Highway Safety, and U.S. News ranked the 2012 Honda Accord as the second best vehicle in the nation, in the category of affordable midsized cars.

But even with all its good points, how is it going to affect your insurance premium?

IIHS Safety Ratings for the 2012 Honda Accord

The 2012 Honda Accord (4-door) was named a 2012 Top Safety Pick by the Insurance Institute for Highway (IIHS). It passed all of the tests the IIHS put it through with a “good” rating; which is the highest rating they give for their testing.

Being chosen as a top safety pick is saying a lot to the changes that Honda is making to increase the safety in their Accords. In previous years, Honda Accords have earned only “average” and even “poor” ratings from the IIHS. This increase in safety ratings helps to decrease the insurance rates of the newer Honda Accord models.

Insurance Premiums for the 2012 Honda Accord

The 2012 Honda Accord didn’t make the list of vehicles with the lowest insurance premium, but the premiums are going to be decent.

With being a top safety pick through the IIHS, the medical payments and personal injury protection coverages are going to be better than other vehicles with lower IIHS ratings. You are also looking at lower liability premiums, due to the Honda Accord being associated with drivers that are older or have families. Not exactly the group known for dangerous driving and having an increased chance of accidents.

With the Honda Accord being around for such a long time, there will be no shortage of cheap parts for the insurance companies to get a hold of. In addition, this particular vehicle is not an expensive vehicle anyway, so the repair costs would be low even without the excess of used parts available. The lower cost of part and repairs, means less for the insurance companies to pay out, thereby giving you a lower comprehensive and collision premium.

2012 Honda Accord Recalls

There was a recall for the 2012 Accords earlier in 2012. The issue was with the side curtain airbag possibly failing to deploy in a crash. The recall was restricted to just the Accord and Cross tour models.

If your vehicle was affected by the recall, you would have been notified by Honda already. If you are concerned that you may have missed your notice or have any other safety questions about your 2012 Honda Accord, contact your Honda dealership.