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 auto insurance rates for a Honda Odyssey are $1,318 annually with full coverage. Comprehensive costs around $256 a year, collision insurance costs $506, and liability costs around $398. Buying just liability costs as low as $460 a year, and insurance for high-risk drivers costs around $2,868. Teen drivers pay the highest rates at up to $5,002 a year.

Average premium for full coverage: $1,318

Price estimates for individual coverage:

Prices include $500 policy deductibles, 30/60 liability limits, and includes additional medical/uninsured motorist coverage. Estimates are averaged for all U.S. states and Odyssey trim levels.

Price Range from Low to High

Geographic Price Range

Where you live can make a big difference on insurance rates. Areas with sparse population have fewer collision claims than larger metro areas. The diagram below illustrates how location impacts auto insurance rates.

The ranges above demonstrate why it is important to compare prices for a specific zip code and their own personal driving habits, instead of making a decision based on price averages.

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

Additional Rate Analysis

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

• The lowest rate with discounts is $757
• Using higher $1,000 deductibles will save about $1,148 annually
• The estimated rate for the average middle-age driver using $500 deductibles is $1,318
• Choosing low $100 deductibles for physical damage coverage will cost $1,658
• High-risk insureds with multiple violations and an at-fault accident could pay at least $2,868
• The price with full coverage for a 16-year-old driver can be $5,002 or more

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Insurance prices for a Honda Odyssey are also quite variable based on the trim level and model year, your driving record, and deductibles and policy limits.

Older drivers with no violations or accidents and high physical damage deductibles may pay as low as $1,200 a year for full coverage. Prices are highest for teenage drivers, where even without any violations or accidents they should be prepared to pay as much as $5,000 a year. View Rates by Age

If you have some driving violations or you caused a few accidents, you may be forking out at least $1,600 to $2,200 additional each year, depending on your age. A high-risk auto insurance policy can be from 44% to 135% more than average. View High Risk Driver Rates

Choosing high deductibles could cut prices by as much as $510 annually, while buying higher liability limits will increase prices. Moving from a 50/100 bodily injury limit to a 250/500 limit will increase prices by as much as $358 more each year. View Rates by Deductible or Liability Limit

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

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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 Buy the Right Honda Odyssey Insurance

Getting lower rates on insurance for a Honda Odyssey requires being a good driver, having good credit, avoid buying unnecessary coverage, and deciding if full coverage is necessary. Spend time shopping around at every policy renewal by quoting rates from direct companies like GEICO, Progressive, and Esurance, and also from local exclusive and independent agents.

The following list is a quick rundown of the data touched on above.

• Insureds who may need an increased level of liability coverage will pay about $440 every year to increase from a low limit to higher 250/500 limits
• You may be able to save up to $160 per year just by quoting early and online
• Increasing physical damage deductibles could save up to $500 each year
• Drivers age 16 to 20 are charged the highest prices, costing up to $417 a month if they have full coverage

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