Honda HR-V Insurance Rates

Honda HR-V insurance rates amount to $1,356 a year, or $113 a month on average for full coverage. 

There are a number of factors that ultimately determine how expensive it is to insure a Honda HR-V. For example, if you looked at a Honda HR-V comparison chart, you will notice that older models are cheaper to insure than newer models. 

In order to alleviate the stress associated with shopping for insurance, let our thorough guide serve as your main point of reference. When you’re ready to find cheap insurance rates, be sure to enter your five-digit ZIP code to start comparing Honda HR-V car insurance policies from multiple companies.

Estimated insurance rates for a Honda HR-V are $1,262 a year including full coverage. Comprehensive insurance costs an estimated $228, collision costs $424, and liability coverage is $452. Liability-only coverage costs around $504 a year, with high-risk coverage costing $2,742 or more. Teenage drivers pay the most at $4,884 a year or more.

Average premium for full coverage: $1,262

Premium estimates broken down by type of coverage:

Rates are based on $500 deductible amounts, 30/60 split liability limits, and includes additional medical/uninsured motorist coverage. Rates include averaging for all 50 U.S. states and for different HR-V trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Choosing to live in a large city has a large influence on the price of auto insurance. More rural locations are statistically proven to have lower incidents of comprehensive and collision claims than densely populated cities.

The price range example below illustrates the effect of geographic area on insurance prices.

These rate differences highlight why anyone shopping for car insurance should compare rates quotes for a targeted area, rather than using average rates.

Use the form below to get customized rates for your location.

Additional Rate Analysis

The chart below breaks down estimated Honda HR-V insurance rates for other coverage scenarios.

• The best discount rate is $735
• Raising to $1,000 deductibles will save approximately $146 every year
• The estimated price for a 40-year-old good driver who has $500 deductibles is $1,262
• Using more expensive low deductibles will cost an additional $288 each year
• Unlucky drivers who are prone to accidents and violations could pay up to $2,742 or more
• An auto insurance policy that insures a teenage driver with full coverage can cost as much as $4,884

View Chart as Image

Insurance prices for a Honda HR-V also have a wide range based on the model year and trim level, your driving record and age, and liability limits and deductibles.

If you have a few violations or you caused an accident, you are likely paying $1,500 to $2,100 extra annually, depending on your age. High-risk driver insurance is expensive and can cost around 43% to 132% more than a normal policy. View High Risk Driver Rates

An older driver with a clean driving record and higher comprehensive and collision deductibles may only pay around $1,200 every 12 months on average, or $100 per month, for full coverage. Prices are much higher for drivers in their teens, since even teens with perfect driving records can expect to pay at least $4,800 a year. View Rates by Age

Where you choose to live also has a big influence on Honda HR-V insurance rates. A middle-age driver might find prices as low as $970 a year in states like Vermont, New Hampshire, and Missouri, or be forced to pay as much as $1,800 on average in Louisiana, New York, and Michigan.

View Chart as Image

Using high physical damage deductibles can reduce prices by up to $440 a year, while increasing your policy's liability limits will increase premiums. Changing from a 50/100 bodily injury protection limit to a 250/500 limit will cost up to $407 more per year. View Rates by Deductible or Liability Limit

With such a large range in prices, the best way to figure out which insurance company is cheapest is to compare prices and see how they stack up. Every auto insurance company uses a different method to calculate prices, so the prices will be substantially different.

How to Find the Best Cheap Honda HR-V Insurance

Finding better rates on auto insurance consists of having a good driving record, having above-average credit, refrain from filing small claims, and taking advantage of discounts. Compare prices at least every other year by getting quotes from direct car insurance companies, and also from your local car insurance providers.

The next list is a quick review of the car insurance concepts covered in the above illustrations.

• Drivers with a DUI or reckless driving violation could be charged and average of $1,480 more annually to buy Honda HR-V insurance
• You may be able to save approximately $150 per year simply by shopping early and online
• Increasing policy deductibles can save approximately $425 each year
• Consumers who want increased levels of liability coverage will pay an extra $500 per year to raise from 30/60 bodily injury limits to the 250/500 level

As you can see from the information we’ve gone over to this point, it’s clear that the amount of money you pay for your model is parallel to how much you pay for insurance. Therefore, if you find yourself asking, “How much does a Honda HR-V cost?” you should also be considering the price of insurance.

The best way to find affordable Honda HR-V car insurance quotes is by using our free online tool below. Simply enter your ZIP code to find great Honda HR-V insurance quotes from providers in your area.

What are the safety ratings of the Honda HR-V?

It’s important to consider the safety ratings of the Honda HR-V to get a proper understanding of where you might qualify for policy discounts. 

Take a look at the safety ratings of the Honda HR-V below so you can see where you might be able to save money on your policy.

• Small overlap front (driver-side): Good
• Small overlap front (passenger-side): Good
• Moderate overlap front: Good
• Side: Good
• Roof strength: Good
• Head restraints and seats: Good

For a frame of reference, the Insurance Institute for Highway Safety classifies “Good” as the highest rating possible. The Honda HR-V achieved that mark in every part of the SUV that was tested, meaning it absolutely aced the crash test.

Honda HR-V Compared Against Other Vehicles in the Same Class

Officially, the Honda HR-V is classified as a small SUV by the Insurance Institute for Highway Safety. Other similar models include the following:

• Kia Niro
• Mazda CX-3

When providing you with a Honda HR-V insurance cost, insurance companies will consider the loss percentages of the Honda HR-V as it compares to other similar models in this class.

The good news is that the Honda HR-V reflects a loss percentage of 0 percent for both property damage and bodily injury liability insurance. That means that liability insurance for this model is right at the median, so rates won’t be too high or too low.

Now that we have gone into great detail about how Honda HR-V insurance rates are calculated, you can feel confident when it’s time to buy Honda HR-V car insurance. Start comparing Honda HR-V car insurance rates from multiple companies through the use of our free online tool.