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 with full coverage. Comprehensive insurance costs around $256 each year, collision costs $506, and liability coverage costs around $398. Liability-only insurance costs as low as $460 a year, with high-risk driver insurance costing $2,868 or more. 16-year-old drivers pay the most at $5,002 a year or more.

Average premium for full coverage: $1,318

Premium estimates for type of coverage:

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

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Where you live has a large influence on insurance rates. Areas with sparse population are statistically proven to have lower incidents of collision claims than congested cities.

The graphic below illustrates how where you live affects auto insurance rates.

These rate differences demonstrate why all drivers should compare prices for a specific zip code, rather than using rate averages.

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

Additional Rate Details

The chart below details estimated Honda Odyssey insurance rates for additional coverage choices and driver risks.

• The best full coverage rate is $757
• Using higher $1,000 deductibles will save about $170 annually
• The estimated price for a 40-year-old good driver using $500 deductibles is $1,318
• Buying low deductibles for physical damage coverage will cost an additional $340 each year
• Higher-risk drivers with multiple tickets or accidents could pay at least $2,868 or more
• An auto insurance policy that insures a teenage driver can be $5,002 or more

View Chart as Image

Insurance prices for a Honda Odyssey also have a wide range based on the trim level and model year, your age and driving habits, and deductibles and policy limits.

If you have a few violations or you caused an accident, you may be forking out at least $1,600 to $2,200 additional annually, depending on your age. Insurance for high-risk drivers can be around 44% to 135% more than the average rate. View High Risk Driver Rates

More mature drivers with no violations or accidents and higher comprehensive and collision deductibles may only pay around $1,200 a year, or $100 per month, for full coverage. Prices are highest for drivers in their teens, since even teens with perfect driving records should be prepared to pay as much as $5,000 a year. View Rates by Age

Where you choose to live has a huge impact on Honda Odyssey insurance rates. A driver around age 40 might see prices as low as $950 a year in states like New Hampshire, Ohio, and Utah, or at least $1,780 on average in Florida, Michigan, and New York.

View Chart as Image

Opting for high physical damage deductibles could cut prices by as much as $510 a year, whereas increasing liability limits will increase prices. Moving from a 50/100 bodily injury protection limit to a 250/500 limit will cost up to $358 more each year. View Rates by Deductible or Liability Limit

With such a large range in prices, the best way to find out your exact price is to do a rate comparison and see how they stack up. Each insurance company utilizes a different rate formula, and 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 More Affordable Honda Odyssey Insurance

Finding better rates on auto insurance requires being a good driver, having a good credit score, being claim-free, and taking advantage of discounts. Comparison shop once a year by requesting rates from direct companies, and also from your local independent and exclusive agents.

The following list is a summary of the data that was touched on in the above illustrations.

• You may be able to save up to $160 per year simply by quoting online in advance
• Consumers who may need an increased level of liability coverage will pay around $440 every year to increase from 30/60 bodily injury limits to the 250/500 level
• Drivers age 16 to 20 are charged the highest prices, possibly costing $417 per month if comprehensive and collision insurance is included
• Drivers who have multiple accidents or major violations may pay on average $1,550 more every year than a safer driver

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