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 prices for a Honda Odyssey are $1,318 every 12 months with full coverage. Comprehensive costs an estimated $256, collision insurance costs $506, and liability coverage costs around $398. A policy with just liability insurance costs as low as $460 a year, and coverage for high-risk drivers costs around $2,868. 16-year-old drivers receive the highest rates at up to $5,002 a year.

Average premium for full coverage: $1,318

Rate estimates broken down by individual coverage type:

Full coverage includes $500 physical damage insurance deductibles, 30/60 split liability limits, and includes uninsured/under-insured motorist coverage. Rates are averaged for all U.S. states and for different Odyssey trim levels.

Price Range by Coverage and Risk

Price Range by Location

Where you live has a large influence on car insurance rates. More rural locations tend to have more infrequent collision claims than congested cities. The price range example below illustrates how rural and urban location affects insurance prices.

These examples demonstrate why anyone shopping for car insurance should compare prices for a targeted area and their own driving history, rather than using rate averages.

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

More Rate Information

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

• The best full coverage rate is $757
• Using higher $1,000 deductibles will save approximately $170 annually
• The average price for a 40-year-old driver who has $500 deductibles is $1,318
• Buying more expensive low deductibles for physical damage coverage increases the price to $1,658
• Higher-risk drivers with multiple tickets or accidents could pay up to $2,868
• The cost to insure a teenage driver with full coverage can cost as much as $5,002 or more

View Chart as Image

Insurance rates for a Honda Odyssey can also vary considerably based on policy deductibles and limits, your driving record, and the model year and trim level.

Opting for high physical damage deductibles could cut rates by as much as $510 a year, while increasing your policy's liability limits will increase premiums. Moving from a 50/100 liability limit to a 250/500 limit will cost as much as $358 more each year. View Rates by Deductible or Liability Limit

An older driver with no violations or accidents and higher deductibles may only pay around $1,200 a year for full coverage. Rates are highest for teen drivers, since even excellent drivers should be prepared to pay at least $5,000 a year. View Rates by Age

If you like to drive fast or you were responsible for an accident, you may be forking out $1,600 to $2,200 additional per year, depending on your age. High-risk driver insurance can be around 44% to 135% more than the average rate. View High Risk Driver Rates

Where you live has a huge impact on Honda Odyssey insurance rates. A driver around age 40 might see rates 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

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 Shop for More Affordable Honda Odyssey Insurance

Saving money on auto insurance requires being a low-risk driver, having above-average credit, eliminating unnecessary coverage, and possibly raising deductibles. Set aside time to shop around at least every other year by obtaining price quotes from direct companies like GEICO, Progressive, and Esurance, and also from your local independent and exclusive agents.

The items below are a summary of the car insurance concepts raised in the charts and tables above.

• Drivers who have multiple accidents or major violations may pay on average $1,550 more annually to insure their Odyssey
• You may be able to save approximately $160 per year just by shopping early and online
• Increasing deductibles could save as much as $500 each year
• Consumers who want more liability coverage will pay around $440 every year to increase from a minimum limit to a 250/500 level

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