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.

The average insurance prices for a Honda Odyssey are $1,318 every 12 months for full coverage insurance. Comprehensive costs an estimated $256 a year, collision insurance costs $506, and liability costs around $398. Liability-only insurance costs as low as $460 a year, and high-risk driver insurance costs around $2,868. Teens cost the most to insure at up to $5,002 a year.

Average premium for full coverage: $1,318

Policy rates broken down by type of insurance:

Rate estimates include $500 physical damage insurance deductibles, 30/60 bodily injury liability limits, and includes medical/PIP and uninsured motorist coverage. Prices are averaged for all 50 states and Odyssey trim levels.

Price Range Variability

Urban vs. Rural Price Range

Where you live can make a big difference on the price of insurance. More rural locations are shown to have more infrequent physical damage claims than cities with more traffic congestion. The diagram below illustrates how geographic area affects insurance prices.

The examples above illustrate why it is important to compare prices for a targeted area and their own driving history, instead of making a decision based on averaged prices.

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

Additional Charts and Tables

The chart below illustrates average Honda Odyssey insurance rates for other coverage scenarios.

• The cheapest rate after discounts is $757
• Using higher $1,000 deductibles will save approximately $1,148 each year
• The average price for a good driver age 40 who has $500 deductibles is $1,318
• Selecting low $100 deductibles for physical damage coverage increases the price to $1,658
• High-risk insureds with serious driving violations could pay up to $2,868
• Policy cost to insure a 16-year-old driver can cost as much as $5,002 or more

View Chart as Image

Auto insurance rates for a Honda Odyssey also range considerably based on liability limits and deductibles, your risk profile, and the model year and trim level.

Choosing higher comprehensive and collision insurance deductibles could cut rates by as much as $510 annually, while buying higher liability limits will increase premiums. Switching from a 50/100 liability limit to a 250/500 limit will raise rates by up to $358 extra every year. View Rates by Deductible or Liability Limit

Older drivers with a good driving record and higher deductibles may pay as low as $1,200 a year, or $100 per month, for full coverage. Rates are much higher for teenagers, since even excellent drivers will have to pay at least $5,000 a year. View Rates by Age

If you have a few points on your driving record or you were responsible for an accident, you are probably paying $1,600 to $2,200 in extra premium every year, depending on your age. A high-risk auto insurance policy can be from 44% to 135% more than the average policy. View High Risk Driver Rates

Your home state has a huge impact on Honda Odyssey insurance prices. A driver around age 40 might see rates as low as $860 a year in states like North Carolina, Wisconsin, and Vermont, or have to pay at least $1,780 on average in Florida, New York, and Michigan.

View Chart as Image

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 Shop for the Best Honda Odyssey Insurance

Finding cheaper rates on insurance for a Honda Odyssey requires being a low-risk driver, having a good credit score, being claim-free, and consideration of higher deductibles. Invest the time to compare rates at every other renewal by getting quotes from direct insurance companies, and also from insurance agencies where you live.

The items below are a brief recap of the concepts that were presented in the illustrations above.

• Drivers considered higher risk who tend to receive serious violations could be forced to pay on average $1,550 more annually to insure their Odyssey
• Teen drivers are the costliest to insure, possibly costing $417 each month if comprehensive and collision insurance is included
• It is possible to save approximately $160 per year just by quoting early and online
• Increasing comprehensive and collision deductibles could save as much as $500 each year
• It is possible to save approximately $160 per year just by quoting 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.

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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