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 $1,318 a year for full coverage. Comprehensive costs on average $256 a year, collision insurance costs $506, and liability costs around $398. Liability-only insurance costs as low as $460 a year, and high-risk driver insurance costs around $2,868. Teenage drivers pay the most at up to $5,002 a year.

Average premium for full coverage: $1,318

Premium estimates by type of coverage:

Rates are based on $500 physical damage deductibles, 30/60 liability limits, and includes both medical and UM/UIM coverage. Rates include averaging for all states and Odyssey trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Where you live can have significant affects on car insurance rates. Rural areas are statistically proven to have a lower frequency of accident claims than densely populated cities. The diagram below illustrates how geographic area affects car insurance rates.

These rate differences show why it is important to compare prices based on a specific location and risk profile, instead of using average rates.

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

Rate Comparisons

The chart below shows average Honda Odyssey insurance rates for different risk profiles and scenarios.

• The best discount rate is $757
• Using higher $1,000 deductibles will save around $1,148 a year
• The average rate for a 40-year-old good driver with $500 deductibles is $1,318
• Using low $100 deductibles for physical damage coverage will increase the cost to $1,658
• Drivers who are prone to accidents and violations could pay upwards of $2,868
• An auto insurance policy for full coverage for a teen driver may cost $5,002 or more

View Chart as Image

Insurance prices for a Honda Odyssey also have a wide range based on your driving characteristics, the trim level of your Odyssey, and policy deductibles and limits.

Older drivers with no violations or accidents and high deductibles may pay as little as $1,200 a year, or $100 per month, for full coverage. Prices are much higher for drivers in their teens, where even good drivers should be prepared to pay upwards of $5,000 a year. View Rates by Age

Where you choose to live has a huge impact on Honda Odyssey insurance prices. A driver around age 40 might see prices as low as $870 a year in states like Idaho, Maine, and Iowa, or be forced to pay as much as $1,880 on average in Michigan, Louisiana, and New York.

View Chart as Image

Using high physical damage deductibles could cut prices by as much as $510 every year, while buying higher liability limits will cost you more. Going from a 50/100 limit to a 250/500 limit will cost up to $358 more each year. View Rates by Deductible or Liability Limit

If you have a few violations or tend to cause accidents, you could be paying at a minimum $1,600 to $2,200 additional annually, depending on your age. A high-risk auto insurance policy can be as much as 44% to 135% more than a normal policy. View High Risk Driver Rates

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 Cheap Honda Odyssey Insurance

Finding better rates on car insurance requires being a safe and courteous driver, having a good credit history, not filing small claims, and dropping full coverage on older vehicles. Invest the time to compare rates at every policy renewal by getting rate quotes from direct carriers like Progressive, GEICO, and Esurance, and also from your local insurance agents.

Below is a quick review of the data presented in the illustrations above.

• Policyholders who require higher levels of liability will pay an extra $440 each year to increase from 30/60 bodily injury limits to 250/500 limits
• Drivers can save as much as $160 per year just by quoting early and online
• Increasing policy deductibles can save around $500 each year
• Teenage drivers pay higher prices, as much as $417 per month including comprehensive and collision 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.

• Chrysler Pacifica Insurance Rates
• Chrysler Pacifica Hybrid Insurance Rates
• Dodge Grand Caravan Insurance Rates

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