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.

Average insurance rates for a Honda Odyssey are $1,318 a year with full coverage. Comprehensive insurance costs approximately $256, collision insurance costs $506, and liability coverage is $398. A liability-only policy costs around $460 a year, and high-risk insurance costs $2,868 or more. Teen drivers receive the highest rates at up to $5,002 a year.

Average premium for full coverage: $1,318

Rate estimates by individual coverage type:

Full coverage includes $500 deductibles, 30/60 bodily injury liability limits, and includes medical/PIP and uninsured motorist coverage. Rates are averaged for all U.S. states and for different Odyssey trim levels.

Price Range by Coverage and Risk

Price Range by Location

Choosing to live in a large city has a large influence on the price of insurance. Rural locations tend to have a lower frequency of collision claims than larger metro areas. The price range example below illustrates how location helps determine auto insurance prices.

These examples demonstrate why anyone shopping for car insurance should compare rates quotes using their specific location and risk profile, rather than using price averages.

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

Additional Charts and Tables

The chart below details average Honda Odyssey insurance rates for additional coverage and risk scenarios.

• The lowest rate with discounts is $757
• Raising to $1,000 deductibles will save $170 annually
• The average rate for a 40-year-old driver who chooses $500 deductibles is $1,318
• Choosing more expensive low deductibles will cost an extra $340 each year
• Unlucky drivers with multiple violations and an at-fault accident could pay around $2,868
• The cost for full coverage for a teenage driver with full coverage can cost $5,002

View Chart as Image

Insurance rates for a Honda Odyssey can also vary considerably based on your driver profile, the trim level and model year, and physical damage deductibles and liability limits.

An older driver with a clean driving record and high deductibles may only pay around $1,200 every 12 months on average for full coverage. Rates are highest for teen drivers, where even good drivers can expect to pay in the ballpark of $5,000 a year. View Rates by Age

Where you live also has a big influence on Honda Odyssey insurance rates. A middle-age driver might find rates as low as $950 a year in states like Utah, Ohio, and New Hampshire, or as much as $1,780 on average in New York, Michigan, and Florida.

View Chart as Image

Choosing high deductibles can reduce rates by up to $510 a year, while increasing your policy's liability limits will push rates upward. Moving from a 50/100 limit to a 250/500 limit will cost as much as $358 more per year. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you may be forking out anywhere from $1,600 to $2,200 extra per year, depending on your age. High-risk driver insurance is expensive and can cost around 44% to 135% more than average. View High Risk Driver Rates

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

Saving money on auto insurance consists of not taking risks behind the wheel, maintaining good credit, eliminating unnecessary coverage, and possibly raising deductibles. Invest time comparing rates at every other renewal by obtaining price quotes from direct companies like GEICO and Progressive, and also from several local insurance agents.

The following is a summary of the concepts that were covered in the charts and tables above.

• Drivers who have multiple accidents or major violations pay on average $1,550 more per year for Odyssey insurance
• Teens are expensive to insure, with premiums as much as $417 per month for full coverage
• You may be able to save around $160 per year just by shopping early and online
• Increasing deductibles can save around $500 each year
• You may be able to save around $160 per year just 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.

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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