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 including full coverage. Comprehensive insurance costs an estimated $228 each year, collision costs $424, and liability is estimated at $452. A policy with only liability insurance costs approximately $504 a year, with a high-risk policy 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 broken down by type of coverage:

These estimates include $500 deductible amounts, minimum liability limits, and includes UM/UIM and medical coverage. Rates include averaging for all 50 U.S. states and HR-V models.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Living in a larger city can make a big difference on the price of auto insurance. More rural locations are statistically proven to have fewer comprehensive and collision claims than congested cities.

The graphic below illustrates how your location can change insurance prices.

These rate differences highlight why all drivers should get quotes for a targeted area and their own personal driving habits, instead of making a decision based on rate averages.

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

Rates by State, City, and Model

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

• The best full coverage rate is $735
• Choosing higher $1,000 deductibles can save approximately $146 every year
• The estimated rate for a 40-year-old good driver who has $500 deductibles is $1,262
• Buying low deductibles for comp and collision coverage costs an additional $288 annually
• Higher-risk drivers with multiple tickets or accidents could pay up to $2,742 or more
• An auto insurance policy with full coverage for a 16-year-old driver can cost as much as $4,884 each year

View Chart as Image

Car insurance prices for a Honda HR-V also have a wide range based on the model of your HR-V, your driving characteristics, and liability limits and deductibles.

More mature drivers with no driving violations and high physical damage deductibles may pay as low as $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 will be charged at least $4,800 a year. View Rates by Age

If you have a few violations or you caused a few accidents, you are likely paying $1,500 to $2,100 extra annually, depending on your age. Insurance for high-risk drivers ranges from 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 annually, whereas increasing liability limits will increase premiums. Changing from a 50/100 bodily injury limit to a 250/500 limit will cost up to $407 extra every 12 months. View Rates by Deductible or Liability Limit

Where you choose to live plays a big part in determining prices for Honda HR-V insurance prices. A good driver about age 40 could pay as low as $970 a year in states like Vermont, New Hampshire, and Missouri, or at least $1,800 on average in Louisiana, New York, and Michigan.

View Chart as Image

With such a large range in prices, the best way to figure out which insurance company is cheapest is to do a rate comparison from multiple companies. Each auto insurer utilizes a different rate formula, so rate quotes will be substantially different between companies.

How to Buy Cheap Honda HR-V Insurance

Finding better rates on insurance for a Honda HR-V takes having a good driving record, having a good credit score, refrain from filing small claims, and not having any coverage lapses. Invest the time to shop around every couple of years by requesting quotes from direct car insurance companies, and also from insurance agencies where you live.

The next list is a brief summary of the material that was illustrated above.

• Insureds who want increased levels of liability coverage will pay around $500 per year to raise limits from 30/60 bodily injury limits to higher 250/500 limits
• Drivers age 20 and younger have the highest car insurance prices, with the cost nearing $407 per month if comprehensive and collision insurance is included
• Drivers considered higher risk that tend to have accidents or serious violations could be forced to pay on average $1,480 more annually to buy Honda HR-V insurance
• Increasing policy deductibles could save up to $425 each year

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.