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.

Average insurance rates for a Honda Odyssey are $1,318 a year including full coverage. Comprehensive insurance costs around $256, collision costs $506, and liability coverage costs $398. A policy with just liability insurance costs as little as $460 a year, with coverage for high-risk drivers costing $2,868 or more. Teenage drivers receive the highest rates at $5,002 a year or more.

Average premium for full coverage: $1,318

Rate estimates for individual coverage type:

Full coverage includes $500 policy deductibles, 30/60 liability coverage, and includes both medical and uninsured motorist insurance. Rates are averaged for all 50 U.S. states and for all Odyssey models.

Price Range by Coverage and Risk

Price Range by Location

Your location has a large influence on the price of insurance. Areas with sparse population tend to have a lower frequency of comprehensive and collision claims than densely populated cities.

The example below illustrates how where you live affects auto insurance rates.

These examples highlight why everyone should compare rates for a specific zip code and risk profile, rather than using average rates.

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

Additional Rate Details

The chart below breaks down estimated Honda Odyssey insurance rates for additional coverage choices and driver risks.

• The best discount rate is $757
• Drivers who choose higher $1,000 deductibles will pay about $170 every year
• The average rate for a 40-year-old driver using $500 deductibles is $1,318
• Using pricier low deductibles for comprehensive and collision insurance will cost an extra $340 each year
• High-risk insureds who are prone to accidents and violations could pay at least $2,868 or more
• The cost for full coverage for a teenage driver for full coverage can be $5,002 a year

View Chart as Image

Insurance rates for a Honda Odyssey can also vary considerably based on your driver profile, the model of your Odyssey, and deductibles and policy limits.

A more mature driver with no violations or accidents and high deductibles may only pay around $1,200 per year on average for full coverage. Rates are much higher for teen drivers, where even good drivers should be prepared to pay as much as $5,000 a year. View Rates by Age

Where you live makes a big difference in Honda Odyssey insurance rates. A 40-year-old driver could pay as low as $1,010 a year in states like Missouri, New Hampshire, and Vermont, or be forced to pay as much as $1,880 on average in Michigan, New York, and Louisiana.

View Chart as Image

Using high physical damage deductibles could save up to $510 a year, whereas buying more liability protection will increase rates. Changing from a 50/100 limit to a 250/500 limit will cost as much as $358 more each year. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you are likely paying at least $1,600 to $2,200 additional per year, depending on your age. Honda Odyssey insurance for high-risk drivers can cost around 44% to 135% more than a normal policy. View High Risk Driver Rates

With so much variability in rates, the best way to figure out your exact price is to regularly compare rates and see how they stack up. Every company uses a different method to calculate rates, and rates can be significantly 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 More Affordable Honda Odyssey Insurance

Saving money on auto insurance not only requires avoiding accidents and claims, but also having a good credit history, not filing small claims, and taking advantage of discounts. Take the time to comparison shop every year by obtaining price quotes from direct car insurance companies like GEICO and Progressive, and also from several local insurance agents.

The points below are a summary of the coverage data touched on in the above illustrations.

• You may be able to save up to $160 per year simply by quoting online well ahead of the renewal date
• Increasing deductibles can save around $500 each year
• Drivers under the age of 20 are charged the highest rates, as much as $417 per month including comprehensive and collision insurance
• Drivers who have multiple accidents or major violations pay on average $1,550 more every year to insure a Honda Odyssey

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