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 auto insurance rates for a Honda HR-V are $1,262 annually for full coverage insurance. Comprehensive insurance costs approximately $228 each year, collision costs $424, and liability coverage is estimated at $452. Liability-only coverage costs approximately $504 a year, with high-risk coverage costing $2,742 or more. 16-year-old drivers pay the most at $4,884 a year or more.

Average premium for full coverage: $1,262

Premium estimates by type of coverage:

Prices include $500 comprehensive and collision deductibles, 30/60 liability limits, and includes medical and UM/UIM coverage. Rates include averaging for all 50 states and HR-V models.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Living in a larger city has a large influence on the price of auto insurance. Rural locations are statistically proven to have fewer physical damage claims than congested cities.

The graphic below illustrates how geographic area affects auto insurance prices.

These rate differences illustrate why all drivers should get quotes using their specific location and their own personal driving habits, rather than using rate averages.

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

More Rate Details

The chart below illustrates estimated Honda HR-V insurance rates for additional coverage and risk scenarios.

• The best full coverage rate is $735
• Choosing higher $1,000 deductibles can save $146 each year
• The estimated rate for a 40-year-old good driver who chooses $500 deductibles is $1,262
• Buying low deductibles for comp and collision coverage costs an additional $288 each year
• Drivers with multiple tickets or accidents could pay around $2,742 or more
• An auto insurance policy with full coverage for a teenage driver can cost $4,884 each year

View Chart as Image

Insurance prices for a Honda HR-V also have a wide range based on the model of your HR-V, your risk profile, and physical damage deductibles and liability limits.

More mature drivers with a clean driving record and high physical damage deductibles may only pay around $1,200 annually on average, or $100 per month, for full coverage. Prices are highest for drivers in their teens, where even without any violations or accidents they can expect to pay in the ballpark of $4,800 a year. View Rates by Age

If you have a few violations or you caused a few accidents, you are probably paying anywhere from $1,500 to $2,100 extra annually, depending on your age. Insurance for high-risk drivers ranges around 43% to 132% more than the average rate. View High Risk Driver Rates

Opting for high physical damage deductibles can save as much as $440 a year, whereas increasing liability limits will push prices upward. Switching from a 50/100 bodily injury limit to a 250/500 limit will cost up to $407 more per year. View Rates by Deductible or Liability Limit

Where you choose to live plays a big part in determining prices for Honda HR-V insurance rates. A good driver about age 40 could pay as low as $830 a year in states like North Carolina, Wisconsin, and Vermont, or at least $1,710 on average in Florida, New York, and Michigan.

View Chart as Image

With such a large range in prices, the only way to figure out who has the best car insurance prices is to do a rate comparison and see how they stack up. Each auto insurer utilizes a different rate formula, so the prices will be substantially different between companies.

How to Buy the Right Honda HR-V Insurance

Finding better rates on auto insurance takes avoiding accidents and violations, having a good credit history, paying for small claims out-of-pocket, and maximizing policy discounts. Invest the time to compare rates at every policy renewal by getting quotes from direct insurance companies, and also from insurance agencies where you live.

The list below is a quick rundown of the data presented in the illustrations above.

• Consumers who purchase higher liability limits will pay around $500 annually to raise limits from 30/60 bodily injury limits to higher 250/500 limits
• It is possible to save around $150 per year simply by quoting online in advance
• Increasing policy deductibles could save up to $425 each year
• Teenagers are expensive to insure, with premiums being up to $407 per month including comprehensive and collision insurance

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.