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 auto insurance rates for a Honda Odyssey are $1,316 annually with full coverage. Comprehensive insurance costs on average $248, collision costs $494, and liability insurance is $416. Liability-only insurance costs around $474 a year, with high-risk driver insurance costing $2,866 or more. 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:

Estimates include $500 physical damage deductibles, split liability limits of 30/60, and includes both medical and UM/UIM coverage. Rates include averaging for all U.S. states and for all Odyssey models.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Choosing to live in a large city has a significant impact on auto insurance rates. Rural areas are statistically proven to have fewer collision claims than larger metro areas.

The example below illustrates how rural and urban location affects car insurance rates.

These rate differences demonstrate why everyone should compare rates quotes based on a specific location and their own personal driving habits, rather than relying on price averages.

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

Rate Comparisons

The chart below details estimated Honda Odyssey insurance rates for different risk profiles and scenarios.

• The lowest rate with discounts is $758
• Raising to $1,000 deductibles will save around $168 annually
• The estimated rate for a 40-year-old good driver with $500 deductibles is $1,316
• Choosing pricier low deductibles costs an additional $330 a year
• Higher-risk drivers with multiple violations and an at-fault accident could pay upwards of $2,866 or more
• An auto insurance policy with full coverage for a teen driver for full coverage may cost $5,024

View Chart as Image

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

A more mature driver with no violations or accidents and high physical damage deductibles could pay as little as $1,200 every 12 months on average, or $100 per month, for full coverage. Prices are highest for drivers in their teens, where even without any violations or accidents they should be prepared to pay upwards of $5,000 a year. View Rates by Age

If you have a few violations or you caused a few accidents, you may be forking out at a minimum $1,600 to $2,200 additional annually, depending on your age. Honda Odyssey insurance for high-risk drivers is expensive and can cost anywhere from 44% to 135% more than average. View High Risk Driver Rates

Choosing high deductibles can reduce prices by up to $500 each year, whereas buying more liability protection will cost you more. Moving from a 50/100 bodily injury limit to a 250/500 limit will cost up to $375 more each year. View Rates by Deductible or Liability Limit

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

View Chart as Image

With such a large range in prices, the best way to find out exactly what you will pay is to regularly compare prices from as many companies as possible. Every auto insurance company uses a different rate calculation, and prices will be substantially 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

Finding better rates on Honda Odyssey insurance consists of being a safe and courteous driver, having good credit, being claim-free, and insuring your home and auto with the same company. Set aside time to shop around at least once a year by getting quotes from direct companies, and also from local independent and exclusive agents.

Below is a review of the primary concepts that were raised in the charts and tables above.

• You may be able to save as much as $160 per year simply by quoting online well ahead of the renewal date
• High-risk drivers who have several accidents or serious violations pay an average of $1,550 more each year for auto insurance
• Increasing policy deductibles could save up to $500 each year
• Teenage drivers pay higher prices, possibly costing $419 per month if they have full coverage

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