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 prices for a Honda HR-V are $1,296 every 12 months for full coverage. Comprehensive insurance costs an estimated $238 each year, collision costs $458, and liability costs $442. Liability-only coverage costs as little as $496 a year, with high-risk coverage costing $2,818 or more. 16-year-old drivers receive the highest rates at $4,988 a year or more.

Average premium for full coverage: $1,296

Rate estimates broken down by individual coverage type:

These estimates include $500 comprehensive and collision deductibles, 30/60 split liability limits, and includes medical and uninsured motorist coverage. 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 more infrequent accident claims than congested cities.

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

These examples show why all drivers should compare rates for a targeted area and their own driving history, instead of using rate averages.

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

Detailed Rate Analysis

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

• The best full coverage rate is $749
• Drivers who choose higher $1,000 deductibles will pay approximately $160 a year
• The average price for a 40-year-old driver who has $500 deductibles is $1,296
• Buying low deductibles for comprehensive and collision insurance costs an extra $306 every year
• Higher-risk drivers with multiple tickets or accidents could pay up to $2,818 or more
• The cost to insure a teen driver can cost as much as $4,988 a year

View Chart as Image

Car insurance rates for a Honda HR-V can also vary considerably based on policy deductibles and limits, your driver profile, and the model year and trim level.

Opting for high physical damage deductibles could save up to $470 every year, whereas increasing liability limits will increase premiums. Going from a 50/100 liability limit to a 250/500 limit will cost as much as $398 extra every 12 months. View Rates by Deductible or Liability Limit

More mature drivers with no driving violations and higher deductibles may pay as little as $1,200 per year on average for full coverage. Rates are highest for teen drivers, since even excellent drivers will be charged at least $4,900 a year. View Rates by Age

If you like to drive fast or you were responsible for an accident, you could be paying $1,600 to $2,200 extra per year, depending on your age. Insurance for high-risk drivers can cost as much as 44% to 138% more than the average rate. View High Risk Driver Rates

Where you live makes a big difference in Honda HR-V insurance prices. A 40-year-old driver could pay as low as $850 a year in states like Iowa, Maine, and Idaho, or at least $1,850 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 utilizes a different rate formula, so rate quotes can be significantly different.

How to Shop for Cheap Honda HR-V Insurance

Saving money on car insurance not only requires avoiding accidents and violations, but also maintaining a good credit score, eliminating unneeded coverage, and not having any coverage lapses. Invest the time to shop around at least every other year by requesting quotes from direct carriers like GEICO, Progressive, and Esurance, and also from several local insurance agents.

The list below is a brief summary of the car insurance concepts illustrated above.

• Higher risk drivers that tend to have accidents or serious violations pay on average $1,520 more annually for car insurance
• Drivers can save approximately $160 per year simply by quoting online in advance
• Increasing deductibles could save as much as $475 each year
• Policyholders who want higher liability limits will pay around $490 each year to go from a minimum limit to a 250/500 level

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.