Companies, costs and coverage (2022)
Since Honda is one of the largest automakers in the world, the company’s vehicles are also among the most widely insured. Home Media’s review team analyzed Honda’s insurance cost data for six of the company’s most popular models to help you know what to expect. We also compared country rate estimates best car insurance companies so you can find the right coverage for your Honda.
Honda insurance cost
The average cost to insure a 2022 Honda vehicle is $1,869 per year Where $156 per month. This is about 8% more expensive than the national average of $1,730 per year. These averages are based on the profile of a 35-year-old married driver with a clean driving record and good credit.
You can expect your rates to vary. Car insurance premiums take into account a number of variables, including your driving history, age, credit history, deductible, Honda model, and more.
The cheapest Honda cars to insure
Our research suggests that the HR-V is the cheapest Honda model to insure, with an average estimate of $1,680 per year Where $140 per month among national suppliers. The OK is generally the most expensive Honda vehicle to cover, with an average estimate of $2,078 per year Where $173 per month for the 2022 model.
Honda auto insurance rates by model
The table below contains the average monthly and annual car insurance rates for several of Honda’s most popular car models.
Honda car insurance quote
Getting quotes from multiple insurers is an important step in finding the cheapest coverage for your Honda. Most companies have easy-to-use tools on their websites that allow you to get quotes quickly. Some sites even let you compare car insurance quotations from several suppliers at the same time.
Honda Insurance Company Comparisons
USAA tends to offer the cheapest Honda insurance, with an average estimate of $1,033 per year Where $86 per month on all brand models. However, USAA is only available to service members and their families. Nationwide is the cheapest Honda insurance option for everyone else, with an average estimate of $1,269 per year Where $106 per month.
Below, we compare the insurance companies that offer the cheapest car insurance coverage on average for each Honda model.
Honda Accord Insurance Cost
The average domestic provider estimate to insure a 2022 Honda Accord is $2,078 per year Where $173 per month. USAA generally offers the lowest auto insurance cost for the 2022 Accord at an average estimate of $1,133 per year Where $94 per month.
Honda Civic Insurance Cost
Among domestic providers, the average cost of 2022 Honda Civic insurance is $1,950 per yearWhere $163 per month. USAA generally offers the cheapest fares for Civics, with an average estimate of $1,029 per year Where $86 per month.
Honda CR-V Insurance Cost
The average cost of car insurance for a 2022 Honda CR-V is approximately $1,808 per year Where $151 per month among national suppliers. According to our data, USAA generally offers the lowest rates on 2022 CR-V insurance with an average estimate of $980 per year Where $81 per month.
Honda HR-V Insurance Cost
Among domestic providers, the average cost to insure a 2022 Honda HR-V is $1,680 per year Where $140 per month. USAA tends to offer the lowest rates on 2022 HR-V insurance with an average estimate of $1,032 per yearWhere $86 per month.
Honda Odyssey Insurance Cost
The the average premium estimate for a 2022 Honda Odyssey is approximately $1,827 per year Where $152 per month. USAA tends to offer the lowest insurance rates on an Odyssey at an average estimate of $988 per year Where $82 per month.
Honda Driver Insurance Cost
The the average insurance estimate on a 2022 Honda Pilot is approximately $1,870 per yearWhere $156 per month among national suppliers. The USAA tends to offer the lowest premiums for pilots, with an average estimate of $1,035 per year Where $86 per month.
Other car insurance coverage for a Honda
The rates shown in the tables above are for full insurance. This term refers to an insurance policy that combines bodily injury and property damage Liability coverage with collision and full coverage.
It may also include other state-required policies such as uninsured motorist coverage or personal injury protection (PIP), depending on where you live. The result is a policy that covers your Honda in almost all scenarios – hence the term “full coverage”.
Many insurers offer policy top-ups to help cover other aspects of owning and driving a vehicle. Here are some of the most common:
- Roadside assistance: Covers emergency road services such as towing, fuel delivery and tire repair or replacement
- Reimbursement of rent: Covers the cost of a rental car if your Honda is repaired or replaced following a covered loss
- Trip interruption: Covers food, accommodation and other travel expenses if your vehicle breaks down away from home
- Mechanical breakdown insurance (MBI): Covers repair costs, such as a extended car warranty or a vehicle maintenance contract
- Asset protection guarantee insurance: Also called insurance gapthis covers the difference between what a vehicle is worth and what you owe on it if totaled
- New car replacement: Covers the cost of replacing your car with a new Honda if totaled within a certain time frame
Honda credit requirements
Honda is one of many automakers that offers its own vehicle purchase credit program. Generally, Honda Finance requires a credit score of 610 or higher to issue a loan. This does not mean that you will automatically be refused at the dealership with a lower score, but your chances of obtaining financing will be reduced. You will also likely face higher interest rates.
Honda Finance offers loan terms from 24 to 72 months and annual percentage rates (APR) as low as 0%. Be aware, however, that April 0% Car Deals can end up costing as much, if not more, than standard financing options.
Honda Insurance: Conclusion
In general, the cost of Honda insurance is similar to the national average. That means it shouldn’t be hard to find relatively affordable coverage, especially on cheaper-to-insure models like the CR-V and HR-V. Honda owners may have to spend a little more to insure their Accord or Civic.
Honda Insurance: Recommended Providers
We’ve found that USAA, Geico, and Auto-Owners Insurance tend to offer the lowest rates for most Honda models. But that does not guarantee that they will offer the lowest rates for your Honda. Our team recommends getting quotes from multiple providers to compare rates and find the best option for your needs. Checking with the following providers is a good way to start your search:
State Farm: Editor’s Choice
In addition to its generally affordable fares, State Farm offers such a wide range of discounts that most drivers can find a few ways to save. State Farm is an especially attractive choice for young drivers, as it offers special discounts and programs aimed at this age category.
Keep reading: State Farm Insurance Review
Geico: affordable for most drivers
Geico is among the cheapest insurers for many Honda models. That’s no surprise, as the provider is generally one of the cheapest options for drivers in most categories nationwide. Geico’s DriveEasy program, which monitors your driving habits and adjusts your rates accordingly, can help cautious drivers get even cheaper coverage.
Keep reading: Geico Insurance Review
Honda Insurance: FAQs
Below are frequently asked questions about Honda insurance.