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

Average premium for full coverage: $1,318

Price estimates by individual coverage:

Estimates include $500 deductibles, 30/60 liability limits, and includes UM/UIM and medical coverage. Estimates are averaged for all 50 states and for different Odyssey trim levels.

Price Range from Low to High

Geographic Price Range

Choosing to live in a large city has a large influence on the price of auto insurance. Rural locations have a lower frequency of physical damage claims than congested cities.

The price range example below illustrates the difference between rural and urban areas on auto insurance prices.

The ranges above illustrate why anyone shopping for car insurance should compare rates quotes using their specific location and risk profile, rather than using rate averages.

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

Rates by State, City, and Model

The chart below illustrates estimated Honda Odyssey insurance rates for additional coverage and risk scenarios.

• The best full coverage rate is $757
• Raising to $1,000 deductibles will save $170 each year
• The average rate for the average middle-age driver who chooses $500 deductibles is $1,318
• Buying more expensive low deductibles will cost an extra $340 each year
• Unlucky drivers with multiple tickets or accidents could pay around $2,868 or more
• The price for full coverage for a teenage driver with full coverage can cost $5,002

View Chart as Image

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

An older driver with no driving violations and high deductibles may only pay around $1,200 every 12 months on average for full coverage. Prices are highest for teenage drivers, where even good drivers will be charged in the ballpark of $5,000 a year. View Rates by Age

The state you live in also has a big influence on Honda Odyssey insurance rates. A middle-age driver might find prices as low as $860 a year in states like North Carolina, Wisconsin, and Vermont, or at least $1,780 on average in Florida, New York, and Michigan.

View Chart as Image

Opting for high physical damage deductibles can reduce prices by up to $510 a year, while increasing your policy's liability limits will push prices upward. Switching 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 are probably paying anywhere from $1,600 to $2,200 extra each year, depending on your age. High-risk driver insurance is expensive and can cost around 44% to 135% more than the average rate. View High Risk Driver Rates

Since prices can be so different, the only way to figure out who has the best car insurance prices is to compare prices and see how they stack up. Every auto insurance company utilizes a different rate formula, 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 Low Cost Honda Odyssey Insurance

Getting lower rates on auto insurance consists of not taking risks behind the wheel, having above-average credit, not filing small claims, and avoiding coverage lapses. Set aside time to compare rates at every policy renewal by getting rate quotes from direct insurance companies like Progressive and GEICO, and also from your local independent and exclusive agents.

The following is a review of the data covered above.

• Consumers who purchase higher liability limits will pay around $440 annually to raise from a low limit to 250/500 limits
• It is possible to save around $160 per year simply by shopping early and online
• Increasing physical damage deductibles can save around $500 each year
• Teens pay the highest auto insurance prices, as much as $417 a month if full coverage is included

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