Car insurance for Hondas

Hondas are a popular vehicle choice in the United States. The Honda brand offers several models that are high in demand including the Civic, CR-V, Accord and Odyssey. Honda is known for having quality safety features and is generally not costly to insure. While the national average cost of car insurance is $2,014 annually for full coverage and $622 for minimum coverage, your Honda may cost less depending on a number of factors. Bankrate’s overview of Honda car insurance rates can serve as a helpful tool for anyone currently in the market for a new Honda vehicle, or for anyone shopping for a new insurance policy for their existing Honda. The following tips may even help you save on your Honda’s car insurance.

How much does it cost to insure a Honda?

Every car insurance company calculates rates differently based on its unique algorithm and your individual rating factors. Although demographics like your location and driving record play a huge role in determining rates at every company, vehicle make and model also heavily factors into rates. Although the national average for full coverage is about $2,014 annually, your Honda could make your premium much lower or much higher depending on the following factors:

• Price of parts: One of the ways insurers determine car insurance rates is by factoring in how much it costs to repair the vehicle, including the cost of parts. If your particular Honda model needs expensive parts and labor, a car insurance company may factor that in, which could lead to you paying a higher premium to offset any potential future repair costs.
• Safety features: A vehicle with top-of-the-line safety features will usually result in a better insurance rate because a car insurance company assumes it may pay less in damages if there is ever a future claim. Although your individual safety features will vary based on the year and model of your Honda, some common safety features in Hondas that may improve your insurance rates are rear-view cameras, vehicle stability systems, collision braking systems, lane assists and safety restraints.

Car insurance for Honda: by model

Based on quotes obtained from Quadrant Information Services, the Honda CR-V has the lowest annual average price for full coverage car insurance. The Odyssey and Pilot round out the top three Honda models with the cheapest full coverage premium on average from the best car insurance companies in the U.S. in 2023.

Cheapest car insurance companies for Honda Civic

The Honda Civic starts at $23,750 with four trim package options to choose from. The vehicle won an Insurance Institute for Highway Safety’s (IIHS) Top Safety Pick award for 2023, which may be due to Honda Sensing safety features and Collision Mitigation Braking System coming as standard. For the Civic, USAA has the cheapest average annual full coverage rates. For those who don’t qualify for USAA coverage, State Farm and Progressive are next on our list for the best cheap car insurance for the Honda Civic.

Cheapest car insurance companies for Honda CR-V

With a starting MSRP of $28,410, the Honda CR-V comes in either a compact SUV or hybrid option, with multiple trims available for each. The CR-V also won a 2023 Top Safety Pick award. As for the average cost of car insurance per year for this make and model, we found USAA to offer the cheapest minimum coverage rate on average whereas Geico offers the cheapest full coverage rate. State Farm comes in as third-cheapest for the CR-V for either coverage option.

Cheapest car insurance companies for Honda Odyssey

Honda’s only van option, the Odyssey, starts at $37,490 with five trim packages. The Odyssey also won the 2023 Kelley Blue Book award for Best Vans and Minivans of 2023, making the Odyssey a great option for those who need the extra room. USAA offers the cheapest minimum and full coverage rates on average, but Geico and Progressive are close behind. Geico offers the second-cheapest average minimum coverage rate while Progressive offers the next cheapest full coverage option.

Cheapest car insurance companies for Honda Pilot

The Honda Pilot SUV has third row seating for drivers who do not want a minivan, but need the extra seat space for the family. Starting at $35,950, the Pilot has six optional trim packages – more than any other Honda – and provides the option for all-wheel drive. The Pilot also has a five-star safety rating with the National Highway Traffic Safety Administration. On average, Honda Pilot drivers may pay the least for minimum and full coverage from USAA, followed by Geico and State Fam.

Honda features that impact insurance costs

Compared to other vehicle types, Hondas may have unique features that impact insurance costs. Although newer Hondas may cost more to repair due to added technology features, these same features could make your vehicle safer on the road. The following features could improve your insurance rates:

• Anti-lock brakes & brake assist: These braking safety features are designed to prevent a serious accident due to over-correction of braking or not braking in time. If your Honda has these braking features, your insurance company may determine you are less likely to get into an accident.
• Lane departure warning: This safety feature is designed to alert drivers they have drifted over their lane. Sideswiping another vehicle is a common cause for motor vehicle accidents so your insurance company may see this feature as something that could prevent a claim payout in the future.
• Side air bags: Car insurance companies are not only looking for features that could prevent accidents altogether but also features that could reduce injuries if an accident did occur. Side air bags help protect passengers in your vehicle, especially during a side impact crash, and may be a common feature in the larger Hondas with plenty of passenger seating.

Other car insurance coverage for Honda

Though it can be tempting to get the cheapest coverage available to satisfy the state, it is important to get the best coverage for you, even if it is not the cheapest price. With higher liability limits, you are protecting your finances with more robust coverage if you cause an accident resulting in injuries to others or property damage.

You never know what can happen the next time you drive down the road, so be smart about your coverage choices. With only liability limits mandated in many states, most other coverages are considered optional. If you finance or lease your new Honda, the lender may have its own requirements you must meet. Consider these optional, but important, coverage types for your Honda car insurance:

• Comprehensive coverage: This coverage protects against weather damage, if you hit an animal, broken glass, including windows, theft of the vehicle and vandalism. To avoid self-insuring these types of events, having comprehensive coverage can be well worthwhile.
• Collision coverage: Usually bought with comprehensive coverage, collision coverage is what pays when there is damage to your car from an accident, regardless of fault. If you happen to total your Honda, the collision coverage would pay the book value, minus your deductible.
• Gap insurance: It’s no secret that a car’s value goes down as soon as you drive it off the lot. With gap insurance, if your new Honda is totaled in an accident and it’s not worth as much as you owe, this coverage would pay your lender to fill the gap so you don’t have to pay out of pocket.

Frequently asked questions