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.

U.S. average insurance rates for a Honda Odyssey are $1,318 a year for full coverage. Comprehensive insurance costs an estimated $256, 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. Teens pay the highest rates at $5,002 a year or more.

Average premium for full coverage: $1,318

Price estimates broken down by individual coverage:

Rate estimates include $500 policy deductibles, bodily injury liability limits of 30/60, and includes uninsured motorist and medical coverage. Estimates are averaged for all states and for different Odyssey trim levels.

Price Range from Low to High

Geographic Price Range

Where you live has a large influence on insurance rates. More rural locations have a lower frequency of accident claims than cities with more traffic congestion.

The price range example below illustrates the difference location can make on insurance prices.

The ranges above show why anyone shopping for car insurance should compare prices for a targeted area and risk profile, rather than using averaged prices.

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

Additional Rate Information

The chart below shows estimated Honda Odyssey insurance rates for other coverage scenarios.

• The cheapest rate after discounts is $757
• Using higher $1,000 deductibles will save approximately $170 a year
• The average rate for the average middle-age driver who has $500 deductibles is $1,318
• Selecting more expensive low deductibles for physical damage coverage will cost an extra $340 each year
• Higher-risk drivers with serious driving violations could pay up to $2,868 or more
• The price for full coverage for a teenage driver with full coverage can cost as much as $5,002 or more

View Chart as Image

Car insurance prices for a Honda Odyssey are also quite variable based on your driving record, the trim level of your Odyssey, and liability limits and deductibles.

An older driver with no driving violations and high deductibles may only pay around $1,200 a year for full coverage. Prices are much higher for teenage drivers, where even good drivers will be charged at least $5,000 a year. View Rates by Age

The state you live in has a huge impact on Honda Odyssey insurance rates. A driver around age 40 might see prices as low as $870 a year in states like Iowa, Maine, and Idaho, or have to pay at least $1,880 on average in New York, Louisiana, and Michigan.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles could cut prices by as much as $510 a year, while increasing your policy's liability limits will increase premiums. Going from a 50/100 limit to a 250/500 limit will increase prices by as much as $358 extra every 12 months. View Rates by Deductible or Liability Limit

If you have some driving violations or tend to cause accidents, you could be paying $1,600 to $2,200 extra each year, depending on your age. High-risk driver insurance can be around 44% to 135% more than the average policy. View High Risk Driver Rates

Since prices can be so different, the only way to know which car insurance is cheapest is to compare prices and see how they stack up. Each insurance company calculates prices differently, so rate quotes may be quite different from one company to the next.

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 the Best Honda Odyssey Insurance

Getting lower rates on auto insurance requires being a good driver, having above-average credit, eliminating unnecessary coverage, and not having any coverage lapses. Make time to compare rates every other policy renewal by getting rate quotes from direct carriers like Progressive and GEICO, and also from local independent and exclusive agents.

The following list is a brief recap of the ideas that were touched on in this article.

• Drivers age 16 to 20 have the highest car insurance prices, with premiums as much as $417 a month if full coverage is included
• Drivers who tend to receive serious violations pay an average of $1,550 more annually than a safer driver
• Increasing physical damage deductibles can save around $500 each year
• Drivers can save approximately $160 per year simply by shopping early and online

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