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.

Estimated insurance rates for a Honda Odyssey are $1,316 a year with full coverage. Comprehensive costs approximately $248, collision costs $494, and liability costs $416. Liability-only insurance costs as little as $474 a year, with high-risk driver insurance costing around $2,866. Teen drivers pay the most at $5,024 a year or more.

Average premium for full coverage: $1,316

Premium estimates by type of coverage:

Rate estimates include $500 deductible amounts, bodily injury liability limits of 30/60, and includes UM/UIM and medical coverage. Rates include averaging for all U.S. states and for different Odyssey trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Your location can make a big difference on the price of insurance. Rural locations are statistically proven to have a lower frequency of collision claims than larger metro areas.

The price range example below illustrates how where you live affects auto insurance prices.

These rate differences demonstrate why anyone shopping for car insurance should compare rates using their specific location and risk profile, instead of making a decision based on price averages.

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

Rates by State, City, and Model

The chart below details estimated Honda Odyssey insurance rates for additional coverage and risk scenarios.

• The lowest rate with discounts is $758
• Drivers who choose higher $1,000 deductibles will pay $168 annually
• The average rate for a 40-year-old good driver who chooses $500 deductibles is $1,316
• Choosing more expensive low deductibles for comprehensive and collision insurance will increase the cost to $1,646
• Drivers with multiple violations and an at-fault accident could pay around $2,866 or more
• An auto insurance policy for full coverage for a 16-year-old driver with full coverage can cost $5,024 a year

View Chart as Image

Insurance prices for a Honda Odyssey also have a wide range based on your driving characteristics, the trim level and model year, and physical damage deductibles and liability limits.

An older driver with no violations or accidents and high deductibles may pay as low as $1,200 per year on average, or $100 per month, for full coverage. Prices are highest for drivers in their teens, where even good drivers should be prepared to pay in the ballpark of $5,000 a year. View Rates by Age

Where you choose to live makes a big difference in Honda Odyssey insurance prices. A 40-year-old driver could pay as low as $950 a year in states like Utah, Ohio, and New Hampshire, or as much as $1,780 on average in New York, Michigan, and Florida.

View Chart as Image

Choosing high deductibles could save up to $500 annually, while increasing your policy's liability limits will push prices upward. Moving from a 50/100 limit to a 250/500 limit will cost up to $375 more each year. View Rates by Deductible or Liability Limit

If you have a few violations or tend to cause accidents, you may be forking out anywhere from $1,600 to $2,200 additional annually, depending on your age. High-risk driver insurance can cost from 44% to 135% more than average. View High Risk Driver Rates

With such a large range in prices, the best way to find out who has the cheapest auto insurance prices is to compare prices from multiple companies. Every company uses a different rate calculation, and prices will be substantially different from one company to the next.

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 Find the Best Honda Odyssey Insurance

Finding better rates on insurance for a Honda Odyssey not only requires having a good driving record, but also having a good credit history, being claim-free, and qualifying for all possible discounts. Take the time to comparison shop every other policy renewal by requesting quotes from direct companies like Progressive, GEICO, and Esurance, and also from several local insurance agents.

The next list is a brief recap of the ideas that were touched on in the above illustrations.

• Drivers age 20 and younger are the costliest to insure, possibly costing $419 per month including comprehensive and collision insurance
• Drivers considered higher risk who tend to receive serious violations pay on average $1,550 more per year to buy Honda Odyssey insurance
• Increasing policy deductibles can save around $500 each year
• You may be able to save around $160 per year simply by shopping early and online

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