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 auto insurance rates for a Honda HR-V are $1,262 annually for full coverage. Comprehensive insurance costs an estimated $228 each year, 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. Teens receive the highest rates at $4,884 a year or more.

Average premium for full coverage: $1,262

Rate estimates broken down by individual coverage type:

Prices include $500 physical damage deductibles, minimum liability limits, and includes both medical and uninsured motorist insurance. Rates are averaged for all states and HR-V models.

Price Range by Coverage and Risk

Price Range by Location

Your location can have significant affects on insurance rates. More rural locations tend to have fewer accident claims than cities with more traffic congestion.

The graphic below illustrates the difference location can make on insurance prices.

These examples show why all drivers should compare rates for a targeted area and their own personal driving habits, instead of using averaged prices.

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

Additional Rate Details

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

• The cheapest rate after discounts is $735
• Drivers who choose higher $1,000 deductibles will pay approximately $146 a year
• The estimated rate for a 40-year-old driver who has $500 deductibles is $1,262
• Selecting low deductibles for comprehensive and collision insurance costs an additional $288 every year
• Higher-risk drivers with serious driving violations could pay up to $2,742 or more
• The cost with full coverage for a teen driver can cost as much as $4,884 a year

View Chart as Image

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

More mature drivers with a good driving record and high physical damage deductibles may pay as little as $1,200 per year on average for full coverage. Rates are much higher for teen drivers, where even without any violations or accidents they will have to pay at least $4,800 a year. View Rates by Age

If you like to drive fast or you caused a few accidents, you could be paying $1,500 to $2,100 in extra premium per year, depending on your age. Insurance for high-risk drivers can cost as much as 43% to 132% more than the average policy. View High Risk Driver Rates

Choosing higher comprehensive and collision insurance deductibles could save up to $440 every year, whereas increasing liability limits will increase premiums. Going from a 50/100 bodily injury limit to a 250/500 limit will cost as much as $407 extra every year. View Rates by Deductible or Liability Limit

Where you live 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 have to pay at least $1,800 on average in New York, Louisiana, and Michigan.

View Chart as Image

With so much variability in rates, the only way to know which company is cheapest is to do a rate comparison and see which company has the best rate. Every company calculates rates differently, and quoted rates can be significantly different between companies.

How to Buy the Right Honda HR-V Insurance

Saving money on car insurance not only requires being a safe and courteous driver, but also having above-average credit, eliminating unneeded coverage, and qualifying for all possible discounts. Make time to compare rates every couple of years by obtaining price quotes from direct carriers like Progressive and GEICO, and also from local exclusive and independent agents.

Below is a quick rundown of the material that was touched on in this article.

• Policyholders who want higher levels of liability will pay approximately $500 each year to go from a minimum limit to higher 250/500 limits
• Teenage drivers are the costliest to insure, costing as high as $407 per month if full coverage is included
• Higher risk drivers with reckless driving or DUI convictions may pay on average $1,480 more annually for auto insurance
• Increasing 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.