Are you doing reasearch to find more affordable Honda Civic insurance in Toledo? Paying for pricey Honda Civic insurance in Toledo can draw down your funds and possibly require you to analyze your spending habits. Performing a rate comparison is an excellent way to slash your bill and have more diposable income.
Unbelievably, most insurance customers have been with the same company for a minimum of four years, and about 40% of consumers have never quoted insurance rates at all. Toledo insurance shoppers could save roughly 55% every year by just comparing quotes, but they think it’s difficult to shop around. Multiple insurers compete for your hard-earned dollar, and because of this it can be hard to compare insurance companies to find the absolute cheapest price on Honda Civic insurance in Toledo.
If you are already insured or are shopping for new coverage, use these techniques to get lower rates and possibly find even better coverage. Locating the best insurance company for you in Toledo is actually not that difficult if you follow our advice. Drivers just have to know the best way to shop their coverage around from many different companies.
The providers in the list below have been selected to offer price quotes in Ohio. In order to find the best auto insurance in Toledo, we recommend you visit two to three different companies in order to get a fair rate comparison.
Insurance coverage analysis
The coverage information shown below highlights estimates of insurance coverage prices for Honda Civic models. Learning a little about how prices are calculated can help you make informed purchases.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Civic DX 4-Dr Sedan | $174 | $296 | $298 | $18 | $88 | $874 | $73 |
| Civic VP 4-Dr Sedan | $174 | $348 | $298 | $18 | $88 | $926 | $77 |
| Civic LX 4-Dr Sedan | $174 | $348 | $298 | $18 | $88 | $926 | $77 |
| Civic DX 2-Dr Coupe | $174 | $348 | $372 | $22 | $112 | $1,028 | $86 |
| Civic EX 4-Dr Sedan | $174 | $348 | $298 | $18 | $88 | $926 | $77 |
| Civic LX-S 4-Dr Sedan | $174 | $348 | $298 | $18 | $88 | $926 | $77 |
| Civic LX 2-Dr Coupe | $174 | $400 | $372 | $22 | $112 | $1,080 | $90 |
| Civic EX-L 4-Dr Sedan | $200 | $400 | $298 | $18 | $88 | $1,004 | $84 |
| Civic SI 4-Dr Sedan | $200 | $400 | $298 | $18 | $88 | $1,004 | $84 |
| Civic EX 2-Dr Coupe | $200 | $400 | $372 | $22 | $112 | $1,106 | $92 |
| Civic GX 4-Dr Sedan | $200 | $400 | $298 | $18 | $88 | $1,004 | $84 |
| Civic EX-L 2-Dr Coupe | $200 | $400 | $372 | $22 | $112 | $1,106 | $92 |
| Civic Hybrid 4-Dr Sedan | $226 | $348 | $298 | $18 | $88 | $978 | $82 |
| Civic SI 2-Dr Coupe | $226 | $454 | $372 | $22 | $112 | $1,186 | $99 |
| Get Your Own Custom Quote Go | |||||||
Data variables include single male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Ohio minimum liability limits. Discounts applied include claim-free, homeowner, multi-vehicle, multi-policy, and safe-driver. Information does not factor in Toledo location which can increase or decrease insurance rates substantially.
An analysis of deductible level
A question often asked by Toledo drivers is where to set your physical damage deductibles. The rates below outline the rate difference between high and low policy deductibles. The first price estimate table uses a $100 deductible and the second set of rates uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Civic DX 4-Dr Sedan | $170 | $352 | $226 | $14 | $68 | $855 | $71 |
| Civic VP 4-Dr Sedan | $170 | $416 | $226 | $14 | $68 | $919 | $77 |
| Civic LX 4-Dr Sedan | $170 | $416 | $226 | $14 | $68 | $919 | $77 |
| Civic DX 2-Dr Coupe | $170 | $416 | $284 | $16 | $84 | $995 | $83 |
| Civic EX 4-Dr Sedan | $170 | $416 | $226 | $14 | $68 | $919 | $77 |
| Civic LX-S 4-Dr Sedan | $170 | $416 | $226 | $14 | $68 | $919 | $77 |
| Civic LX 2-Dr Coupe | $170 | $478 | $284 | $16 | $84 | $1,057 | $88 |
| Civic EX-L 4-Dr Sedan | $196 | $478 | $226 | $14 | $68 | $1,007 | $84 |
| Civic SI 4-Dr Sedan | $196 | $478 | $226 | $14 | $68 | $1,007 | $84 |
| Civic EX 2-Dr Coupe | $196 | $478 | $284 | $16 | $84 | $1,083 | $90 |
| Civic GX 4-Dr Sedan | $196 | $478 | $226 | $14 | $68 | $1,007 | $84 |
| Civic EX-L 2-Dr Coupe | $196 | $478 | $284 | $16 | $84 | $1,083 | $90 |
| Civic Hybrid 4-Dr Sedan | $220 | $416 | $226 | $14 | $68 | $969 | $81 |
| Civic SI 2-Dr Coupe | $220 | $542 | $284 | $16 | $84 | $1,171 | $98 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Civic DX 4-Dr Sedan | $124 | $238 | $226 | $14 | $68 | $670 | $56 |
| Civic VP 4-Dr Sedan | $124 | $280 | $226 | $14 | $68 | $712 | $59 |
| Civic LX 4-Dr Sedan | $124 | $280 | $226 | $14 | $68 | $712 | $59 |
| Civic DX 2-Dr Coupe | $124 | $280 | $284 | $16 | $84 | $788 | $66 |
| Civic EX 4-Dr Sedan | $124 | $280 | $226 | $14 | $68 | $712 | $59 |
| Civic LX-S 4-Dr Sedan | $124 | $280 | $226 | $14 | $68 | $712 | $59 |
| Civic LX 2-Dr Coupe | $124 | $324 | $284 | $16 | $84 | $832 | $69 |
| Civic EX-L 4-Dr Sedan | $142 | $324 | $226 | $14 | $68 | $774 | $65 |
| Civic SI 4-Dr Sedan | $142 | $324 | $226 | $14 | $68 | $774 | $65 |
| Civic EX 2-Dr Coupe | $142 | $324 | $284 | $16 | $84 | $850 | $71 |
| Civic GX 4-Dr Sedan | $142 | $324 | $226 | $14 | $68 | $774 | $65 |
| Civic EX-L 2-Dr Coupe | $142 | $324 | $284 | $16 | $84 | $850 | $71 |
| Civic Hybrid 4-Dr Sedan | $160 | $280 | $226 | $14 | $68 | $748 | $62 |
| Civic SI 2-Dr Coupe | $160 | $366 | $284 | $16 | $84 | $910 | $76 |
| Get Your Own Custom Quote Go | |||||||
Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Ohio minimum liability limits. Discounts applied include multi-vehicle, safe-driver, homeowner, multi-policy, and claim-free. Prices do not factor in your specific Toledo location which can modify auto insurance rates greatly.
We can derive from the above data that using a $100 deductible will cost you roughly $19 more each month or $228 for a full year than requesting the higher $500 deductible. Since you would have to pay $400 more to file a claim with a $500 deductible as compared to a $100 deductible, if you tend to average more than 21 months between claims, you would save money going with the higher deductible.
How to calculate deductible break even period
| Average monthly premium for $100 deductibles: | $83 |
| Average monthly premium for $500 deductibles (subtract): | – $64 |
| Monthly savings from raising deductible: | $19 |
| Difference between deductibles ($500 – $100): | $400 |
| Divide difference by monthly savings: | $400 / $19 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 21 months |
One thing to be aware of is that raising deductibles means you will have to pay more if you have a claim. You need to have enough money put aside in order to pay the deductible.
The diagram below demonstrates how deductibles and can change Honda Civic insurance prices for different categories of driver ages. The data is based on a single female driver, comprehensive and collision coverage, and no discounts are applied to the premium.
Males versus Females
The illustration below shows the difference between Honda Civic auto insurance rates for male and female drivers. The costs are based on no violations or accidents, comprehensive and collision coverage, $500 deductibles, single status, and no discounts are applied.
Rate comparison of full coverage and liability-only
The illustration below illustrates the difference between Honda Civic auto insurance rates when comparing full coverage to state minimum liability only. The information is based on no claims or driving citations, $250 deductibles, marital status is single, and no additional discounts are factored in.
When to drop full coverage
There is no exact rule of when to drop comp and collision coverage, but there is a general guideline. If the annual cost of comprehensive and collision coverage is more than about 10% of the replacement cost of your vehicle minus the policy deductible, then you might consider buying liability only.
For example, let’s assume your Honda Civic replacement value is $8,000 and you have $1,000 physical damage deductibles. If your vehicle is severely damaged, the most your company will settle for is $7,000 after paying your policy deductible. If it’s costing in excess of $700 annually for physical damage coverage, then it could be time to drop full coverage.
There are some situations where eliminating full coverage is not financially feasible. If you haven’t paid off your loan, you must maintain physical damage coverage to protect the lienholder’s interest in the vehicle. Also, if you can’t afford to buy a different vehicle in case of an accident, you should keep full coverage on your policy.
Lower-cost Honda Civic insurance in Toledo
Car insurance is not cheap, but you might be missing out on some discounts to reduce the price significantly. Larger premium reductions will be automatically applied when you complete an application, but a few need to be manually applied in order for you to get them.
- ABS and Traction Control Discounts – Anti-lock brake equipped vehicles can avoid accidents and therefore earn up to a 10% discount.
- Defensive Driver Discount – Taking part in a defensive driving class may get you a small discount if your company offers it.
- Sign Online – A few larger online companies give back up to $50 simply for signing on the web.
- Resident Student – Any of your kids who are enrolled in higher education away from home and won’t have access to an insured vehicle could get you a discount.
- Discount for Life Insurance – Some insurance companies give a break if you buy life insurance.
- Data Collection Discounts – Insureds that choose to allow companies to study driving manner by installing a telematics device like Allstate’s Drivewise may get a rate reduction as long as they are good drivers.
- Responsible Driver Discount – Drivers who don’t get into accidents can get discounts for up to 45% lower rates than their less cautious counterparts.
- Passive Restraint Discount – Vehicles with factory air bags or motorized seat belts may earn rate discounts of 25 to 30%.
- Driver Education Discount – Make teen driver coverage more affordable by requiring them to successfully take a driver’s education course as it can save substantially.
- Federal Employees – Active or former government employment may qualify for a discount when you quote Toledo auto insurance depending on your company.
It’s important to note that some of the credits will not apply to the entire policy premium. A few only apply to individual premiums such as collision or personal injury protection. Even though the math looks like all those discounts means the company will pay you, insurance companies wouldn’t stay in business.
The diagram below visualizes the comparison of Honda Civic insurance rates with and without discounts applied to the policy premium. The prices are based on a female driver, a clean driving record, no claims, Ohio state minimum liability limits, comprehensive and collision coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, claim-free, multi-car, homeowner, multi-policy, and marriage discounts applied.
To view car insurance companies who offer online Honda Civic insurance quotes in Toledo, click this link.
Auto insurance in Ohio serves several purposes
Even though it can be expensive, buying auto insurance is required in Ohio but also provides important benefits.
- Just about all states have minimum liability requirements which means state laws require specific limits of liability protection if you want to drive legally. In Ohio these limits are 25/50/25 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
- If your Honda Civic has a lienholder, most banks will force you to have full coverage to guarantee loan repayment. If you cancel or allow the policy to lapse, the bank may buy a policy for your Honda at an extremely high rate and force you to reimburse them the higher price.
- Insurance protects not only your Honda Civic but also your financial assets. It will also provide coverage for medical expenses that are the result of an accident. As part of your policy, liability insurance also covers legal expenses if you are sued as the result of your driving. If your vehicle suffers damage from an accident or hail, comprehensive and collision coverage will cover the repair costs.
The benefits of carrying adequate insurance are definitely more than the cost, especially for larger claims. Today the average American driver overpays more than $810 a year so you should quote rates at every policy renewal to save money.
What insurance coverages do I need?
Always keep in mind that when comparing the right insurance coverage for your personal vehicles, there is no best way to insure your cars. Every situation is different and a cookie cutter policy won’t apply.
For example, these questions can aid in determining whether your personal situation might need an agent’s assistance.
- Does car insurance cover theft of personal property?
- How much liability do I need to cover my assets?
- Do I have coverage if I rent a car in Mexico?
- Do I really need UM/UIM coverage?
- Does every company file a SR-22 automatically?
- Why does it cost so much to insure a teen driver in Toledo?
If you don’t know the answers to these questions but you know they apply to you then you might want to talk to a licensed insurance agent. To find lower rates from a local agent, take a second and complete this form or you can go here for a list of companies in your area. It’s fast, doesn’t cost anything and you can get the answers you need.
Local Toledo insurance agencies and auto insurance
Many drivers still prefer to get professional advice from a licensed agent and that is not a bad decision Good insurance agents can help determine the best coverages and help file insurance claims. One of the benefits of comparing auto insurance online is you may find lower rates and still have an agent to talk to.
For easy comparison, once you complete this quick form, your insurance data is sent to agents in your area who will give competitive quotes for your business. It simplifies rate comparisons since you won’t have to contact any agents since price quotes are sent directly to you. If you want to compare rates from a specific auto insurance provider, feel free to navigate to their website and complete a quote there.
Picking the best insurance company should include more criteria than just the quoted price. Here are some questions you might want to ask.
- What is the financial rating for the quoted company?
- Are they full-time agents?
- Does the quote include credit and driving reports?
- How will an accident affect your rates?
- In the event of vehicle damage, can you pick the collision repair facility?
- Can glass repairs be made at your home?
Pick the best auto insurance agent in Toledo for you
If you are wanting to find a reputable insurance agent or broker, there are two different types of agents and how they function. Auto insurance agents in Toledo may be either exclusive agents or independent agents. Either can do a good job, but it’s worth mentioning how they are different since it can impact your agent selection.
Exclusive Agents
Agents in the exclusive channel can only place business with one company and some examples include Allstate, Farmers Insurance, State Farm, and AAA. These agents are unable to give you multiple price quotes so it’s a take it or leave it situation. Exclusive agents receive extensive training in insurance sales which helps them sell insurance even at higher premiums.
The following are exclusive insurance agents in Toledo that are able to give comparison quotes.
Bud Moody – State Farm Insurance Agent
1751 W Sylvania Ave – Toledo, OH 43613 – (419) 471-9909 – View Map
Farmers Insurance – Nicholas Chupp
2338 W Laskey Rd – Toledo, OH 43613 – (419) 861-3412 – View Map
American Family Insurance – Bob Rowland
3138 Tremainsville Rd – Toledo, OH 43613 – (419) 472-9777 – View Map
Independent Insurance Agents
Independent insurance agents are not required to write business for one company so they can write business with a variety of different insurance companies and find you the best rates. To move your coverage to a new company, your agent can switch companies and you stay with the same agent.
If you are comparing rate quotes, it’s recommended you include price quotes from multiple independent agents in order to have the best price comparison.
Below is a short list of independent agents in Toledo that can give you price quotes.
Knight Insurance Group
22 N Erie St – Toledo, OH 43624 – (419) 241-5133 – View Map
Mann Insurance
3005 Douglas Rd – Toledo, OH 43606 – (419) 255-0040 – View Map
Gus Badra Insurance Agency
3454 Oak Alley Court, Suite 106 A, Toledo 43606 – Suite 106 A, OH 43606 – (419) 469-5522 – View Map
After getting reasonable responses for all questions you ask and an affordable coverage quote, you have narrowed it down to an insurance agent that is a good match to properly service your auto insurance policy.