Honda Odyssey Insurance Rates

One of the frequently asked coverage questions is how much does it cost to insure a Honda Odyssey? The average insurance cost for an Odyssey is $1,342 a year, or $111 a month. Learn what you can do to find cheap Honda Odyssey car insurance rates in our guide.

If you want to start comparing everything from the 2015 Honda Odyssey insurance cost to the 2018 Honda Odyssey insurance rates to 2007 Honda Odyssey trim levels’ rates, enter your ZIP code in our free tool above.

U.S. average auto insurance rates for a Honda Odyssey are $1,318 annually with full coverage. Comprehensive insurance costs an estimated $256 a year, collision costs $506, and liability is $398. Liability-only coverage costs around $460 a year, with high-risk coverage costing $2,868 or more. 16-year-old drivers pay the highest rates at $5,002 a year or more.

Average premium for full coverage: $1,318

Price estimates broken down by individual coverage:

Estimates include $500 deductible amounts, 30/60 liability coverage, and includes additional medical/uninsured motorist coverage. Estimates are averaged for all U.S. states and Odyssey trim levels.

Price Range from Low to High

Geographic Price Range

Choosing to live in a large city can make a big difference on car insurance rates. More rural locations have fewer collision claims than congested cities.

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

The ranges above demonstrate why it is important to compare rates 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.

Additional Rate Analysis

The chart below details estimated Honda Odyssey insurance rates for other coverage scenarios.

• The best full coverage rate is $757
• Raising to $1,000 deductibles will save approximately $1,148 annually
• The estimated rate for the average middle-age driver who has $500 deductibles is $1,318
• Buying low $100 deductibles costs an additional $340 annually
• Drivers with multiple tickets or accidents could pay up to $2,868 or more
• The price with full coverage for a 16-year-old driver can cost as much as $5,002

View Chart as Image

Auto insurance prices for a Honda Odyssey are also quite variable based on the trim level and model year, your driving record, and liability limits and deductibles.

Older drivers with a good driving record and high physical damage deductibles may pay as low as $1,200 every 12 months on average for full coverage. Prices are highest for teenage drivers, where even without any violations or accidents they will have to pay at least $5,000 a year. View Rates by Age

If you have some driving violations or you caused a few accidents, you may be forking out $1,600 to $2,200 in extra premium each year, depending on your age. A high-risk auto insurance policy is expensive and can cost from 44% to 135% more than the average rate. View High Risk Driver Rates

Opting for high physical damage deductibles can reduce prices by up to $510 annually, while buying higher liability limits will increase premiums. Moving from a 50/100 bodily injury limit to a 250/500 limit will increase prices by as much as $358 extra every year. View Rates by Deductible or Liability Limit

The state you live in also has a big influence on Honda Odyssey insurance prices. A middle-age driver might find prices as low as $950 a year in states like Utah, Ohio, and New Hampshire, or at least $1,780 on average in New York, Michigan, and Florida.

View Chart as Image

Since prices can be so different, the best way to find out which car insurance is cheapest is to get quotes from multiple companies. Every auto insurance company utilizes a different rate formula, and quoted prices may be quite different between companies.

Insurance Rates by Trim Level and Model Year

Rates assume 2023 model year, a 40-year-old male driver with no accidents or violations, $500 comprehensive and collision deductibles, minimum liability limits, and uninsured/under-insured motorist coverage included. Rates are for comparison only and are averaged for all 50 U.S. states.

How to Buy Low Cost Honda Odyssey Insurance

Getting lower rates on insurance for a Honda Odyssey consists of having a good driving record, having above-average credit, avoid buying unnecessary coverage, and qualifying for all possible discounts. Make time to compare rates every year by getting quotes from direct companies like GEICO, Progressive, and Esurance, and also from several local insurance agents.

The next list is a review of the coverage data touched on in this article.

• You may be able to save approximately $160 per year simply by quoting early and online
• Increasing physical damage deductibles could save up to $500 each year
• Drivers age 20 and younger are the costliest to insure, costing up to $417 a month if full coverage is included
• Drivers considered higher risk who have several accidents or serious violations pay on average $1,550 more annually to buy Honda Odyssey insurance

Honda Odyssey insurance costs can be reduced by shopping around for quotes. It can also help you decide what model year you want to buy, as you can find everything from 2003 Honda Odyssey price ranges to 2005 Honda Odyssey price ranges.

So if you are ready to find out various prices, such as how much does 2010, 2015, or 2016 Honda Odyssey cost to insure, enter your ZIP code in our free tool below.

What are the safety ratings of the Honda Odyssey?

The cost of a new Honda Odyssey may be more expensive if there are multiple safety features. The good news is that great Honda Odyssey safety ratings and features mean cheaper insurance rates. The Honda Odyssey has some good safety features, such as various protective airbags, brake assist, electronic stability control, and traction control.

The Insurance Institute of Highway Safety (IIHS) also gave the Honda Odyssey a 2019 Top Safety Pick award, as it has the following crash test ratings:

• 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

Keep in mind that a Honda Odyssey that is older may not have as good of a crash test rating. Watch the video below to see how the IIHS crash-tested the Honda Odyssey.

Honda Odyssey Compared Against Other Vehicles in the Same Class

So how much is a Honda Odyssey to insure with liability insurance? What are the affordable Honda Odyssey car insurance options? The answer depends on the vehicle class. The Honda Odyssey is a very large minivan, which means it can easily do damage to other vehicles. Luckily, the IIHS found that in comparison to other very large minivans, the Honda Odyssey’s liability insurance losses were significantly better than average.

This means that the cost of insurance for a Honda Odyssey should be cheaper than other very large minivans, regardless of whether you are looking at Honda Odyssey 2005 costs or 2016 or 2015 Honda Odyssey prices paid. To see how much other very large minivans cost to insure, view the list below.

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Ready to jump into finding out how much does a 2015 Honda Odyssey cost or how much is a 2011 Honda Odyssey cost to insure? Shopping for rates will give you a better idea of what average rates are for a Honda Odyssey. Enter your ZIP code in our free tool to get started and get a Honda Odyssey insurance quote today.

References

1. https://www.iihs.org/ratings/vehicle/honda/odyssey-minivan/2020