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 including full coverage. Comprehensive costs on average $256, collision costs $506, and liability insurance is estimated at $398. A liability-only policy costs approximately $460 a year, with high-risk insurance costing around $2,868. Teenage drivers pay the most at $5,002 a year or more.

Average premium for full coverage: $1,318

Premium estimates by type of coverage:

Estimates include $500 policy deductibles, liability limits of 30/60, and includes additional medical/uninsured motorist coverage. Rates include averaging for all 50 U.S. states and for all Odyssey models.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Living in a larger city has a significant impact on car insurance rates. Rural areas are statistically proven to have lower incidents of comprehensive and collision claims than densely populated cities.

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

These rate differences highlight why everyone should get quotes based on a specific location, rather than relying on average rates.

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

Additional Rate Analysis

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

• The best discount rate is $757
• Choosing higher $1,000 deductibles can save around $170 every year
• The estimated price for a 40-year-old good driver with $500 deductibles is $1,318
• Using pricier low deductibles for comp and collision coverage bumps up the cost to $1,658
• High-risk insureds who are prone to accidents and violations could pay upwards of $2,868 or more
• An auto insurance policy that insures a teen driver for full coverage may cost $5,002 each year

View Chart as Image

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

If you have a few violations or you caused an accident, you are likely paying at a minimum $1,600 to $2,200 in extra premium annually, depending on your age. Honda Odyssey insurance for high-risk drivers ranges anywhere from 44% to 135% more than a normal policy. View High Risk Driver Rates

A more mature driver with a good driving record and higher comprehensive and collision deductibles could pay as little as $1,200 annually on average, or $100 per month, for full coverage. Prices are much higher for drivers in their teens, since even teens with perfect driving records will have to pay upwards of $5,000 a year. View Rates by Age

Where you choose to live plays a big part in determining prices for Honda Odyssey insurance rates. A good driver about age 40 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 can save as much as $510 each year, whereas buying more liability protection will cost you more. Changing from a 50/100 bodily injury protection limit to a 250/500 limit will cost up to $358 extra every year. View Rates by Deductible or Liability Limit

With such a large range in prices, the best way to figure out exactly what you will pay is to regularly compare prices from as many companies as possible. Each auto insurer uses a different method to calculate prices, and quoted prices will be substantially different.

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 Low Cost Honda Odyssey Insurance

Finding better rates on Honda Odyssey insurance takes avoiding accidents and claims, maintaining a good credit score, refrain from filing small claims, and taking advantage of discounts. Compare prices once a year by obtaining price quotes from direct car insurance companies, and also from insurance agencies where you live.

The points below are a review of the data that was 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
• Drivers who require increased liability limits will pay an extra $440 per year to raise limits from 30/60 bodily injury limits to the 250/500 level
• Drivers under the age of 20 are charged the highest prices, with the cost nearing $417 per month if the policy includes full coverage
• High-risk drivers who have several accidents or serious violations could be forced to pay on average $1,550 more each 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.

• 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