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.

Average insurance rates for a Honda HR-V are $1,296 a year for full coverage. Comprehensive costs around $238 each year, collision costs $458, and liability coverage costs $442. A liability-only policy costs as little as $496 a year, with high-risk insurance costing around $2,818. 16-year-old drivers receive the highest rates at $4,988 a year or more.

Average premium for full coverage: $1,296

Rate estimates for individual coverage type:

Prices include $500 deductible amounts, 30/60 bodily injury liability limits, and includes additional medical/uninsured motorist coverage. Rates are averaged for all states and HR-V models.

Price Range by Coverage and Risk

Price Range by Location

Your location has a large influence on auto insurance rates. Areas with sparse population tend to have a lower frequency of accident claims than congested cities.

The graphic below illustrates the effect of geographic area on auto insurance rates.

These examples show why all drivers should compare rates for a specific zip code and risk profile, rather than using rate averages.

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

Additional Rate Analysis

The chart below shows estimated Honda HR-V insurance rates for additional coverage choices and driver risks.

• The best full coverage rate is $749
• Drivers who choose higher $1,000 deductibles will pay about $160 a year
• The average rate for a 40-year-old driver using $500 deductibles is $1,296
• Buying low deductibles for comprehensive and collision insurance will increase the cost to $1,602
• High-risk insureds with multiple tickets or accidents could pay at least $2,818 or more
• The cost for full coverage for a teenage driver can be $4,988 a year

View Chart as Image

Insurance rates for a Honda HR-V can also vary considerably based on your driver profile, the trim level of your HR-V, and deductibles and policy limits.

More mature drivers with a clean driving record and high deductibles may only pay around $1,200 per year on average for full coverage. Rates are highest for teen drivers, where even good drivers can expect to pay as much as $4,900 a year. View Rates by Age

Where you live makes a big difference in Honda HR-V insurance rates. A 40-year-old driver could pay as low as $850 a year in states like Idaho, Maine, and Iowa, or at least $1,850 on average in Michigan, Louisiana, and New York.

View Chart as Image

Opting for high physical damage deductibles could save up to $470 a year, whereas increasing liability limits will increase rates. Going from a 50/100 limit to a 250/500 limit will cost as much as $398 more per year. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you could be paying at least $1,600 to $2,200 extra per year, depending on your age. Insurance for high-risk drivers can cost around 44% to 138% more than the average rate. View High Risk Driver Rates

With so much variability in rates, the only way to know your exact price is to do a rate comparison and see how they stack up. Every company utilizes a different rate formula, so the rates can be significantly different from one company to the next.

How to Find the Right Honda HR-V Insurance

Saving money on auto insurance not only requires having a good driving record, but also maintaining good credit, eliminating unneeded coverage, and insuring your home and auto with the same company. Take the time to compare rates at every other renewal by quoting rates from direct carriers like GEICO and Progressive, and also from local insurance agents.

The next list is a quick rundown of the concepts that were covered in the above illustrations.

• Drivers with reckless driving or DUI convictions may be required to pay an average of $1,520 more every year to buy Honda HR-V insurance
• Drivers age 20 and younger pay higher rates, costing as high as $416 per month for full coverage
• Drivers can save up to $160 per year simply by quoting online in advance
• Increasing deductibles can save around $475 each year
• Drivers can save up to $160 per year simply by quoting online in advance

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.