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.

The average auto insurance rates for a Honda HR-V are $1,262 annually for full coverage. Comprehensive insurance costs an estimated $228, collision costs $424, and liability costs $452. Buying just liability costs as little as $504 a year, with insurance for high-risk drivers costing $2,742 or more. 16-year-old drivers cost the most to insure at $4,884 a year or more.

Average premium for full coverage: $1,262

Policy rates broken down by type of insurance:

Prices are based on $500 policy deductibles, 30/60 split liability limits, and includes additional medical/uninsured motorist coverage. Prices are averaged for all states and for different HR-V trim levels.

Price Range Variability

Urban vs. Rural Price Range

Your location can have significant affects on insurance rates. More rural locations are shown to have fewer accident claims than congested cities.

The price range example below illustrates how where you live affects insurance prices.

The examples above show why anyone shopping for car insurance should compare rates for a targeted area and their own personal driving habits, instead of 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 other coverage scenarios.

• The best full coverage rate is $735
• Drivers who choose higher $1,000 deductibles will pay approximately $146 a year
• The estimated rate for a good driver age 40 who has $500 deductibles is $1,262
• Buying more expensive low deductibles for comprehensive and collision insurance costs an additional $288 every year
• Higher-risk drivers with multiple tickets or accidents could pay up to $2,742 or more
• Policy cost with full coverage for a teen driver with full coverage can cost as much as $4,884 a year

View Chart as Image

Insurance rates for a Honda HR-V also range considerably based on the model year and trim level, your driver profile, and liability limits and deductibles.

An older driver with a clean driving record and high physical damage deductibles may pay as little as $1,200 per year on average, or $100 per month, for full coverage. Rates are highest for teenagers, where even without any violations or accidents they can expect to pay at least $4,800 a year. View Rates by Age

If you have a few points on your driving record or you caused a few accidents, you could be paying $1,500 to $2,100 extra every year, depending on your age. High-risk driver insurance can cost as much as 43% to 132% more than the average rate. View High Risk Driver Rates

Opting for high physical damage deductibles could save up to $440 every year, while increasing your policy's liability limits will increase premiums. Going from a 50/100 bodily injury limit to a 250/500 limit will raise rates by up to $407 more per year. View Rates by Deductible or Liability Limit

Your home state makes a big difference in Honda HR-V insurance prices. A 40-year-old driver could pay as low as $830 a year in states like Iowa, Maine, and Idaho, or at least $1,800 on average in New York, Louisiana, and Michigan.

View Chart as Image

Because rates have so much variability, the only way to know which auto insurance is cheapest is to compare rates and see which company has the best rate. Every company utilizes a different rate formula, so the rates will be varied between companies.

How to Buy Affordable Honda HR-V Insurance

Finding cheaper rates on car insurance not only requires being safe and accident-free, but also having a good credit history, avoid buying unnecessary coverage, and taking advantage of discounts. Take the time to comparison shop at least every other year by getting quotes from direct carriers like Progressive, GEICO, and Esurance, and also from local exclusive and independent agents.

Below you'll find a brief review of the car insurance concepts touched on in the above illustrations.

• Higher risk drivers with DUI or reckless driving convictions may pay on average $1,480 more annually than a low-risk driver
• Drivers can save approximately $150 per year simply by shopping early and online
• Increasing comprehensive and collision deductibles could save up to $425 each year
• Policyholders who want more liability protection will pay around $500 each year to go from a 30/60 limit to higher 250/500 limits

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.