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 auto insurance rates for a Honda Odyssey are $1,328 annually including full coverage. Comprehensive costs around $268, collision insurance costs $512, and liability is estimated at $390. A policy with just liability insurance costs approximately $452 a year, and coverage for high-risk drivers costs around $2,876. Teen drivers receive the highest rates at up to $4,992 a year.

Average premium for full coverage: $1,328

Rate estimates for individual coverage type:

Price estimates include $500 deductible amounts, bodily injury liability limits of 30/60, and includes both medical and UM/UIM coverage. Rates are averaged for all 50 U.S. states and for all Odyssey models.

Price Range by Coverage and Risk

Price Range by Location

Living in a larger city can make a big difference on the price of insurance. Areas with sparse population tend to have fewer comprehensive and collision claims than larger metro areas. The example below illustrates the difference between rural and urban areas on auto insurance rates.

These examples highlight why everyone should get quotes for a specific zip code and their own personal driving habits, instead of making a decision based on price averages.

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

Rate Comparisons

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

• The lowest rate with discounts is $763
• Choosing higher $1,000 deductibles can save about $178 every year
• The estimated rate for a 40-year-old driver using $500 deductibles is $1,328
• Choosing pricier low deductibles for comp and collision coverage will cost $1,670
• Higher-risk drivers with multiple violations and an at-fault accident could pay at least $2,876
• The cost with full coverage for a 16-year-old driver for full coverage can be $4,992 each year

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

A more mature driver with no violations or accidents and high physical damage deductibles may pay as low as $1,200 annually on average for full coverage. Rates are highest for teen drivers, where even without any violations or accidents they should be prepared to pay as much as $4,900 a year. View Rates by Age

If you like to drive fast or you caused a few 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 ranges from 44% to 134% more than average. View High Risk Driver Rates

Choosing high deductibles can save as much as $520 annually, whereas buying more liability protection will increase rates. Changing from a 50/100 bodily injury limit to a 250/500 limit will cost as much as $351 more each year. View Rates by Deductible or Liability Limit

Where you live plays a big part in determining prices for Honda Odyssey insurance prices. A good driver about age 40 could pay as low as $1,020 a year in states like Missouri, New Hampshire, and Vermont, or as much as $1,890 on average in Michigan, New York, and Louisiana.

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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 Cheaper Honda Odyssey Insurance

Saving money on insurance for a Honda Odyssey takes having a good driving record, having good credit, not filing small claims, and deciding if full coverage is necessary. Set aside time to compare rates every other policy renewal by obtaining price quotes from direct car insurance companies like Progressive and GEICO, and also from your local independent and exclusive agents.

The next list is a condensed summary of the ideas that were covered above.

• Drivers age 20 and younger are charged the highest rates, as much as $416 per month if they have full coverage
• Drivers considered higher risk with multiple at-fault accidents may pay on average $1,550 more every year to buy Honda Odyssey insurance
• Increasing deductibles could save up to $525 each year
• You may be able to save up to $160 per year just by quoting online well ahead of the renewal date

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