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 $1,262 a year for full coverage. Comprehensive costs an estimated $228, collision costs $424, and liability insurance is $452. A policy with just liability insurance costs around $504 a year, with coverage for high-risk drivers costing around $2,742. Teenage drivers 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:

Rates are based on $500 deductibles, 30/60 bodily injury liability limits, and includes medical/PIP and uninsured motorist coverage. Rates are averaged for all states and for all HR-V models.

Price Range by Coverage and Risk

Price Range by Location

Choosing to live in a large city has a significant impact on insurance rates. More rural locations tend to have a lower frequency of accident claims than densely populated cities.

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

These examples show why everyone should compare rates quotes for a targeted area and risk profile, rather than relying on average rates.

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

Additional Charts and Tables

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

• The best discount rate is $735
• Raising to $1,000 deductibles will save approximately $146 a year
• The average rate for a 40-year-old driver who has $500 deductibles is $1,262
• Using pricier low deductibles will increase the cost to $1,550
• Higher-risk drivers who are prone to accidents and violations could pay up to $2,742 or more
• The cost for full coverage for a teen driver for full coverage can cost as much as $4,884

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 liability limits and deductibles.

A more mature driver with no violations or accidents and high deductibles could pay as little as $1,200 every 12 months on average for full coverage. Rates are much higher for teen drivers, where even good drivers should be prepared to pay at least $4,800 a year. View Rates by Age

Where you live also has a big influence on Honda HR-V insurance rates. A middle-age driver might find rates as low as $830 a year in states like Iowa, Maine, and Idaho, or be forced to pay as much as $1,800 on average in New York, Louisiana, and Michigan.

View Chart as Image

Using high physical damage deductibles can reduce rates by up to $440 each year, whereas buying more liability protection will increase premiums. Going from a 50/100 limit to a 250/500 limit will cost as much as $407 more each year. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you could be paying $1,500 to $2,100 additional per year, depending on your age. Honda HR-V insurance for high-risk drivers is expensive and can cost anywhere from 43% to 132% more than a normal policy. View High Risk Driver Rates

With so much variability in rates, the only way to know which company is cheapest is to regularly compare rates from as many companies as possible. Every auto insurance company uses a different method to calculate rates, and rates can be significantly different from one company to the next.

How to Find the Best Cheap Honda HR-V Insurance

Saving money on Honda HR-V insurance consists of not taking risks behind the wheel, having a good credit history, eliminating unneeded coverage, and maximizing policy discounts. Make time to compare rates at every other renewal by requesting quotes from direct carriers like GEICO and Progressive, and also from local independent and exclusive agents.

The following is a quick review of the concepts that were touched on in this article.

• High-risk drivers with a DUI or reckless driving violation pay an average of $1,480 more annually for HR-V insurance
• Teens are expensive to insure, costing as high as $407 per month including comprehensive and collision insurance
• Drivers can save approximately $150 per year simply by quoting online well ahead of the renewal date
• Increasing deductibles can save around $425 each year
• Drivers can save approximately $150 per year simply by quoting online well ahead of the renewal date

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.