Honda HR-V Insurance Rates

Honda HR-V insurance rates amount to $1,356 a year, or $113 a month on average for full coverage. 

There are a number of factors that ultimately determine how expensive it is to insure a Honda HR-V. For example, if you looked at a Honda HR-V comparison chart, you will notice that older models are cheaper to insure than newer models. 

In order to alleviate the stress associated with shopping for insurance, let our thorough guide serve as your main point of reference. When you’re ready to find cheap insurance rates, be sure to enter your five-digit ZIP code to start comparing Honda HR-V car insurance policies from multiple companies.

Average insurance rates for a Honda HR-V are $1,296 a year for full coverage insurance. Comprehensive insurance costs an estimated $238 a year, collision costs $458, and liability insurance costs around $442. Liability-only coverage costs as low as $496 a year, with high-risk coverage costing $2,818 or more. Teenage drivers receive the highest rates at $4,988 a year or more.

Average premium for full coverage: $1,296

Rate estimates broken down by individual coverage type:

Prices are based on $500 deductible amounts, liability limits of 30/60, and includes UM/UIM and medical coverage. Rates are averaged for all 50 states and HR-V trim levels.

Price Range by Coverage and Risk

Price Range by Location

Where you live has a significant impact on the price of insurance. More rural locations tend to have lower incidents of physical damage claims than densely populated cities.

The diagram below illustrates how location impacts insurance prices.

These examples illustrate why it is important to compare prices for a targeted area, rather than relying on average rates.

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

Rates by State, City, and Model

The chart below illustrates estimated Honda HR-V insurance rates for other coverage scenarios.

• The best discount rate is $749
• Using higher $1,000 deductibles will save approximately $1,136 each year
• The estimated price for a 40-year-old driver who has $500 deductibles is $1,296
• Using low $100 deductibles for physical damage coverage will cost an additional $306 a year
• Drivers who are prone to accidents and violations could pay up to $2,818 or more
• The cost that insures a teen driver can cost as much as $4,988 or more

View Chart as Image

Car insurance rates for a Honda HR-V can also vary considerably based on the trim level of your HR-V, your age and driving record, and liability limits and deductibles.

If you like to drive fast or you caused an accident, you are probably paying $1,600 to $2,200 extra per year, depending on your age. A high-risk auto insurance policy can be anywhere from 44% to 138% more than a normal policy. View High Risk Driver Rates

Older drivers with no driving violations and higher comprehensive and collision deductibles could pay as little as $1,200 a year for full coverage. Rates are much higher for teen drivers, since even teens with perfect driving records will be charged at least $4,900 a year. View Rates by Age

Where you live has a huge impact on Honda HR-V insurance rates. A driver around age 40 might see rates as low as $850 a year in states like North Carolina, Wisconsin, and Vermont, or be forced to pay as much as $1,750 on average in Florida, New York, and Michigan.

View Chart as Image

Using high physical damage deductibles could cut rates by as much as $470 each year, while buying higher liability limits will increase premiums. Switching from a 50/100 bodily injury protection limit to a 250/500 limit will cost as much as $398 extra every 12 months. View Rates by Deductible or Liability Limit

With so much variability in rates, the only way to figure out which company is cheapest is to get quotes from as many companies as possible. Each insurance company uses a different method to calculate rates, so rate quotes can be significantly different.

How to Find Affordable Honda HR-V Insurance

Saving money on Honda HR-V insurance requires having a good driving record, having a positive credit history, avoid buying unnecessary coverage, and not having any coverage lapses. Compare prices once a year by obtaining price quotes from direct insurance companies like Progressive, GEICO, and Esurance, and also from local insurance agencies.

The next list is a brief review of the data that was touched on above.

• It is possible to save approximately $160 per year simply by quoting early and online
• Drivers who want increased levels of liability coverage will pay an extra $490 annually to increase from a minimum limit to the 250/500 level
• Drivers age 20 and younger have the highest car insurance rates, costing up to $416 per month if full coverage is purchased
• High-risk drivers with DUI or reckless driving convictions may have to pay on average $1,520 more annually to buy Honda HR-V insurance

As you can see from the information we’ve gone over to this point, it’s clear that the amount of money you pay for your model is parallel to how much you pay for insurance. Therefore, if you find yourself asking, “How much does a Honda HR-V cost?” you should also be considering the price of insurance.

The best way to find affordable Honda HR-V car insurance quotes is by using our free online tool below. Simply enter your ZIP code to find great Honda HR-V insurance quotes from providers in your area.

What are the safety ratings of the Honda HR-V?

It’s important to consider the safety ratings of the Honda HR-V to get a proper understanding of where you might qualify for policy discounts. 

Take a look at the safety ratings of the Honda HR-V below so you can see where you might be able to save money on your policy.

• 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

For a frame of reference, the Insurance Institute for Highway Safety classifies “Good” as the highest rating possible. The Honda HR-V achieved that mark in every part of the SUV that was tested, meaning it absolutely aced the crash test.

Honda HR-V Compared Against Other Vehicles in the Same Class

Officially, the Honda HR-V is classified as a small SUV by the Insurance Institute for Highway Safety. Other similar models include the following:

• Kia Niro
• Mazda CX-3

When providing you with a Honda HR-V insurance cost, insurance companies will consider the loss percentages of the Honda HR-V as it compares to other similar models in this class.

The good news is that the Honda HR-V reflects a loss percentage of 0 percent for both property damage and bodily injury liability insurance. That means that liability insurance for this model is right at the median, so rates won’t be too high or too low.

Now that we have gone into great detail about how Honda HR-V insurance rates are calculated, you can feel confident when it’s time to buy Honda HR-V car insurance. Start comparing Honda HR-V car insurance rates from multiple companies through the use of our free online tool.