Honda Element Insurance Rates
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Written by
Jeffrey Johnson |
UPDATED: May 12, 2022
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How much is full insurance coverage per month for a Honda Element? The average Honda Element auto insurance policy costs $93 a month, or $1,124 a year. Read on to learn what drivers can do to save on Honda Element insurance rates and other vehicles.
To start comparison shopping for Honda Element insurance rates, enter your ZIP code in our free tool above.
Average insurance rates for a Honda Element are $906 a year for full coverage. Comprehensive costs on average $136 a year, collision costs $160, and liability insurance costs $452. A liability-only policy costs as little as $504 a year, with high-risk insurance costing around $1,942. Teen drivers receive the highest rates at $3,712 a year or more.
Average premium for full coverage: $906
Rate estimates by individual coverage type:
Rates include $500 deductibles, 30/60 liability limits, and includes uninsured motorist coverage. Rates are averaged for all states and Element trim levels.
Price Range by Coverage and Risk
For a middle-aged driver, prices range go from as low as $504 for only liability insurance to a high of $1,942 for a high risk driver.
Price Range by Location
Your location has a significant impact on car insurance rates. Rural areas tend to have a lower frequency of accident claims than larger metro areas.
The diagram below illustrates the effect of location on car insurance rates.
These examples show why it is important to compare rates based on a specific location and risk profile, rather than relying on price averages.
Use the form below to get customized rates for your location.
Enter your zip code below to view companies based on your location that have cheap auto insurance rates.
Insurance Rate Analysis
The chart below shows estimated Honda Element insurance rates for different risk profiles and scenarios.
- The lowest rate with discounts is $559
- Drivers who choose higher $1,000 deductibles will pay around $838 a year
- The average rate for a 40-year-old driver with $500 deductibles is $906
- Choosing low $100 deductibles for comprehensive and collision insurance will increase the cost to $1,034
- High risk drivers with multiple violations and an at-fault accident could pay upwards of $1,942 or more
- The cost for full coverage for a teen driver may cost $3,712 a year
for a Honda Element can also vary considerably based on your driver profile, the trim level of your Element, and policy deductibles and limits.
Older drivers and high deductibles could pay as little as $900 per year on average for full coverage. Rates are highest for teen drivers, where even good drivers upwards of $3,700 a year. View Rates by Age
Where you live makes a big difference in Honda Element insurance rates. A 40-year-old driver could pay as low as $600 a year in states like Idaho, Maine, and Iowa, or as much as $1,290 on average in Michigan, Louisiana, and New York.
| State | Premium | Compared to U.S. Avg | Percent Difference |
|---|---|---|---|
| Alabama | $820 | -$86 | -9.5% |
| Alaska | $694 | -$212 | -23.4% |
| Arizona | $752 | -$154 | -17.0% |
| Arkansas | $906 | -$0 | 0.0% |
| California | $1,032 | $126 | 13.9% |
| Colorado | $864 | -$42 | -4.6% |
| Connecticut | $932 | $26 | 2.9% |
| Delaware | $1,024 | $118 | 13.0% |
| Florida | $1,134 | $228 | 25.2% |
| Georgia | $834 | -$72 | -7.9% |
| Hawaii | $650 | -$256 | -28.3% |
| Idaho | $612 | -$294 | -32.5% |
| Illinois | $674 | -$232 | -25.6% |
| Indiana | $682 | -$224 | -24.7% |
| Iowa | $610 | -$296 | -32.7% |
| Kansas | $862 | -$44 | -4.9% |
| Kentucky | $1,236 | $330 | 36.4% |
| Louisiana | $1,340 | $434 | 47.9% |
| Maine | $558 | -$348 | -38.4% |
| Maryland | $746 | -$160 | -17.7% |
| Massachusetts | $726 | -$180 | -19.9% |
| Michigan | $1,574 | $668 | 73.7% |
| Minnesota | $758 | -$148 | -16.3% |
| Mississippi | $1,084 | $178 | 19.6% |
| Missouri | $804 | -$102 | -11.3% |
| Montana | $972 | $66 | 7.3% |
| Nebraska | $716 | -$190 | -21.0% |
| Nevada | $1,086 | $180 | 19.9% |
| New Hampshire | $652 | -$254 | -28.0% |
| New Jersey | $1,012 | $106 | 11.7% |
| New Mexico | $802 | -$104 | -11.5% |
| New York | $954 | $48 | 5.3% |
| North Carolina | $522 | -$384 | -42.4% |
| North Dakota | $742 | -$164 | -18.1% |
| Ohio | $626 | -$280 | -30.9% |
| Oklahoma | $930 | $24 | 2.6% |
| Oregon | $830 | -$76 | -8.4% |
| Pennsylvania | $864 | -$42 | -4.6% |
| Rhode Island | $1,208 | $302 | 33.3% |
| South Carolina | $820 | -$86 | -9.5% |
| South Dakota | $764 | -$142 | -15.7% |
| Tennessee | $794 | -$112 | -12.4% |
| Texas | $1,092 | $186 | 20.5% |
| Utah | $672 | -$234 | -25.8% |
| Vermont | $620 | -$286 | -31.6% |
| Virginia | $542 | -$364 | -40.2% |
| Washington | $700 | -$206 | -22.7% |
| West Virginia | $830 | -$76 | -8.4% |
| Wisconsin | $626 | -$280 | -30.9% |
| Wyoming | $808 | -$98 | -10.8% |
Choosing high deductibles could save up to $200 each year, while buying higher liability limits will cost you more. Going from a 50/100 limit to a 250/500 limit will cost as much as $407 . View Rates by Deductible or Liability Limit
If you like to drive fast or tend to cause accidents, you could be paying at a minimum $1,100 to $1,500 per year, depending on your age. A high-risk auto insurance policy can cost anywhere from 40% to 135% more than average. View High Risk Driver Rates
With so much variability in rates, the only way to know exactly what you will pay is to get quotes from as many companies as possible. Every company uses a different rate calculation, can be significantly different from one company to the next.
Insurance Rates by Trim Level and Model Year
| Model and Trim | Annual Premium | Monthly Premium |
|---|---|---|
| Honda Element LX 2WD | $890 | $74 |
| Honda Element LX 4WD | $890 | $74 |
| Honda Element EX 2WD | $906 | $76 |
| Honda Element EX 4WD | $906 | $76 |
| Honda Element SC 2WD | $906 | $76 |
Rates assume 2005 model year, a 40-year-old male driver with no accidents or violations, $500 comprehensive and collision deductibles, minimum liability limits, and uninsured/under-insured motorist coverage included. Rates are for comparison only and are averaged for all 50 U.S. states.
| Model Year | Comprehensive | Collision | Liability | Total Premium |
|---|---|---|---|---|
| 2008 Honda Element | $146 | $190 | $474 | $968 |
| 2006 Honda Element | $140 | $166 | $460 | $924 |
| 2005 Honda Element | $136 | $160 | $452 | $906 |
| 2004 Honda Element | $126 | $152 | $446 | $882 |
| 2003 Honda Element | $120 | $144 | $442 | $864 |
Rates are averaged for all Honda Element models and trim levels. Rates assume a 40-year-old male driver, full coverage with $500 deductibles, and a clean driving record.
How to Find Cheaper Honda Element Insurance
Saving money on Honda Element insurance not only requires being a safe driver, but also maintaining good credit, eliminating unneeded coverage, and bundling your home and auto policies. Take the time to shop around at least every two years by getting price quotes from direct carriers like GEICO and Progressive, and also from your local insurance agents.
Here is a summary of the information that was covered in this article.
- Increasing deductibles can save around $200 each year
- Drivers can save as much as $100 per year simply by quoting early and online
- Drivers who require more liability insurance will pay about $500 each year to go from a minimum limit to 250/500 limits
- Young drivers pay the highest rates, costing as high as $309 per month for full coverage
- High-risk drivers that have multiple accidents or serious violations will pay on average $1,040 more each year for insurance
Shopping for Honda Element insurance rates is one of the best ways to reduce rates. It will also help you discover how much does a new Honda Element cost in comparison to an older model, such as a 2010 model.
To find rates on multiple Honda Element years, enter your ZIP code in our free tool below.
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What are the safety ratings of the Honda Element?
How much is insurance on a 2020 Honda Element? Good Honda Element safety ratings can help lower insurance costs, so a 2020 Honda Element with all the latest safety features and good crash test ratings may be cheaper to insure than an older model with poor safety features.
The Honda Element has some great safety features: 4-wheel anti-lock braking system (ABS), vehicle stability assist (VSA), side-impact door beams, and a tire pressure monitoring system. The Insurance Institute for Highway Safety (IIHS) also awarded the Honda Element with a 2011 Top Safety Pick award, as it tested well in the following crash tests:
- Moderate overlap front: Good
- Side: Good
- Roof strength: Good
- Head restraints and seats: Good
The video below shows an example of one of the Honda Element’s crash tests.
Honda Element Compared Against Other Vehicles in the Same Class
The Honda Element is classified as a small SUV, and SUVS are prone to having higher liability insurance losses. However, the IIHS does not have data on how the Honda Element’s liability losses compare to other small SUVs. To see how other small SUVs’ rates compare to the Honda Elements’ rates, take a look at the list below.
To jump right into finding the best Honda Element insurance rates, enter your ZIP code in our free tool.
References
Rate Tables and Charts
Rates by Driver Age
| Driver Age | Premium |
|---|---|
| 16 | $3,712 |
| 20 | $2,068 |
| 30 | $914 |
| 40 | $906 |
| 50 | $832 |
| 60 | $814 |
Full coverage, $500 deductibles
Rates by Deductible
| Deductible | Premium |
|---|---|
| $100 | $1,034 |
| $250 | $976 |
| $500 | $906 |
| $1,000 | $838 |
Full coverage, driver age 40
Rates by Liability Limit
| Liability Limit | Premium |
|---|---|
| 30/60 | $906 |
| 50/100 | $996 |
| 100/300 | $1,109 |
| 250/500 | $1,403 |
| 100 CSL | $1,042 |
| 300 CSL | $1,290 |
| 500 CSL | $1,471 |
Full coverage, driver age 40
Rates for High Risk Drivers
| Age | Premium |
|---|---|
| 16 | $5,208 |
| 20 | $3,290 |
| 30 | $1,948 |
| 40 | $1,942 |
| 50 | $1,858 |
| 60 | $1,840 |
Full coverage, $500 deductibles, two speeding tickets, and one at-fault accident
If a financial responsibility filing is required, the additional charge below may also apply.
Potential Rate Discounts
If you qualify for discounts, you may save the amounts shown below.
| Discount | Savings |
|---|---|
| Multi-policy | $45 |
| Multi-vehicle | $49 |
| Homeowner | $17 |
| 5-yr Accident Free | $52 |
| 5-yr Claim Free | $56 |
| Paid in Full/EFT | $30 |
| Advance Quote | $38 |
| Online Quote | $60 |
| Total Discounts | $347 |
Discounts are estimated and may not be available from every company or in every state.
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