What Are Car Insurance Rates for a Honda Civic LX?

Written by James Hirby and Fact Checked by The Law Dictionary Staff  

If you're in the market for a new or used car, you're probably also looking for reasonably-priced auto insurance. Since the cost of car insurance is determined by a range of different factors, it's difficult to generalize about it. Ultimately, your insurance costs will depend upon the make and model of the vehicle that you purchase as well as your driving history and certain other factors.

Even after you've determined all of the pertinent variables, it's likely that you'll only be able to conjure up a ballpark estimate for your insurance costs. In order to determine the exact cost of your car insurance, you'll need to seek multiple quotes from different insurance providers. Of course, you'll need to do this after officially purchasing your car. If you already have a specific make and model in mind, it would be in your best interest to begin soliciting quotes for it right away.

The Honda Civic LX is not a particularly expensive vehicle. Although this trim type was popular during the 1990s and 2000s, it was discontinued after the 2012 model year. As such, it will become ever more difficult to find pristine Honda Civic LX vehicles. For the purposes of your insurance calculations, this will be a good thing: New or nearly-new cars that require substantial amounts of financing are typically subject to onerous insurance requirements.

This is because the lenders that provide financing for such vehicles want to ensure that they will be properly compensated in the event that the car is stolen. Most lenders require the vehicles that they finance to carry comprehensive insurance coverage that protects against virtually every eventuality.

If your Civic's resale value is low, you probably won't need to carry comprehensive coverage. This could save you hundreds of dollars per year. Without comprehensive coverage, your insurance costs will depend upon your past driving history, the property crime rates in your home state, and your age and level of driving experience. If your driving history is clean, you could save an additional $400 to $500 per year. Likewise, you'll save even more as an older, wiser driver. Local property crime rates can affect your auto insurance costs to a surprising degree as well: If your insurer judges that your vehicle is at risk of being stolen, it will charge you more to insure it. Of course, you'll need to begin soliciting quotes to get an exact picture of your future insurance costs.

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