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. Comprehensive costs an estimated $228, collision costs $424, and liability coverage is $452. A liability-only policy costs around $504 a year, with high-risk insurance costing around $2,742. Teens 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:

Full coverage includes $500 physical damage insurance deductibles, minimum liability limits, and includes uninsured motorist and medical coverage. Rates include averaging for all states and for all HR-V models.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Choosing to live in a large city has a large influence on insurance rates. More rural locations are statistically proven to have fewer accident claims than cities with more traffic congestion.

The example below illustrates how location helps determine insurance prices.

These rate differences show why everyone should compare rates quotes for a targeted area and their own personal driving habits, rather than using averaged prices.

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

Additional Rate Information

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

• The cheapest rate after discounts is $735
• Raising to $1,000 deductibles will save approximately $146 a year
• The estimated rate for a 40-year-old good driver who has $500 deductibles is $1,262
• Selecting pricier low deductibles will cost $1,550
• Unlucky drivers with serious driving violations could pay up to $2,742 or more
• An auto insurance policy with full coverage for a teenage driver for full coverage can cost as much as $4,884

View Chart as Image

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

A more mature driver with a good driving record and high physical damage 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, where even without any violations or accidents they will have to pay at least $4,800 a year. View Rates by Age

If you have a few violations or you caused a few accidents, you could be paying $1,500 to $2,100 in extra premium annually, depending on your age. Honda HR-V insurance for high-risk drivers is expensive and can cost around 43% to 132% more than the average policy. View High Risk Driver Rates

Choosing higher comprehensive and collision insurance deductibles can reduce prices by up to $440 a year, whereas buying more liability protection will increase premiums. Going from a 50/100 bodily injury limit to a 250/500 limit will cost up to $407 extra every year. View Rates by Deductible or Liability Limit

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 $830 a year in states like Iowa, Maine, and Idaho, or have to pay at least $1,800 on average in New York, Louisiana, and Michigan.

View Chart as Image

With such a large range in prices, the only way to know which insurance company is cheapest is to regularly compare prices and see how they stack up. Every auto insurance company calculates prices differently, and quoted prices will be substantially different between companies.

How to Buy More Affordable Honda HR-V Insurance

Finding better rates on auto insurance consists of being a low-risk driver, having above-average credit, not filing small claims, and qualifying for all possible discounts. Invest time comparing rates every couple of years by getting rate quotes from direct carriers, and also from local exclusive and independent agents.

The items below are a summary of the material that was covered in the charts and tables above.

• Consumers who want more liability coverage will pay approximately $500 each year to raise from 30/60 bodily injury limits to higher 250/500 limits
• Teen drivers are the costliest to insure, as much as $407 per month if full coverage is included
• Drivers who have multiple accidents or major violations may pay on average $1,480 more annually to insure their HR-V
• 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.