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.

Estimated insurance rates for a Honda HR-V are $1,296 a year for full coverage insurance. Comprehensive costs an estimated $238, collision costs $458, and liability is $442. A liability-only policy costs around $496 a year, with high-risk insurance costing around $2,818. 16-year-old drivers pay the most at $4,988 a year or more.

Average premium for full coverage: $1,296

Premium estimates broken down by type of coverage:

Rates are based on $500 policy deductibles, liability limits of 30/60, and includes additional medical/uninsured motorist coverage. Rates include averaging for all 50 states and for different HR-V trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Choosing to live in a large city can make a big difference on the price of insurance. More rural locations are statistically proven to have lower incidents of physical damage claims than congested cities.

The price range example below illustrates how location helps determine insurance prices.

These rate differences illustrate why anyone shopping for car insurance should compare rates quotes for a targeted area, instead of making a decision based on rate averages.

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

Additional Rate Analysis

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

• The best full coverage rate is $749
• Raising to $1,000 deductibles will save approximately $160 each year
• The estimated price for a 40-year-old good driver who has $500 deductibles is $1,296
• Buying more expensive low deductibles bumps up the cost to $1,602
• Drivers with multiple tickets or accidents could pay up to $2,818 or more
• An auto insurance policy that insures a 16-year-old driver with full coverage can cost as much as $4,988

View Chart as Image

Auto insurance prices for a Honda HR-V also have a wide range based on the model year and trim level, your age and driving record, and liability limits and deductibles.

If you have a few violations or you caused an accident, you are probably paying $1,600 to $2,200 in extra premium annually, depending on your age. High-risk driver insurance is expensive and can cost from 44% to 138% more than the average rate. View High Risk Driver Rates

An older driver with a good driving record and higher comprehensive and collision deductibles may pay as low as $1,200 every 12 months on average, or $100 per month, for full coverage. Prices are highest for drivers in their teens, since even teens with perfect driving records will have to pay at least $4,900 a year. View Rates by Age

Where you choose to live also has a big influence on Honda HR-V insurance prices. A middle-age driver might find prices as low as $850 a year in states like North Carolina, Wisconsin, and Vermont, or at least $1,750 on average in Florida, New York, and Michigan.

View Chart as Image

Opting for high physical damage deductibles can reduce prices by up to $470 annually, while increasing your policy's liability limits will increase premiums. Switching from a 50/100 bodily injury protection limit to a 250/500 limit will cost up to $398 extra every year. View Rates by Deductible or Liability Limit

With such a large range in prices, the only way to figure out which insurance company is cheapest is to compare prices from multiple companies. Every auto insurance company utilizes a different rate formula, and quoted prices will be substantially different.

How to Find the Best Cheap Honda HR-V Insurance

Finding better rates on insurance for a Honda HR-V consists of being a good driver, maintaining a good credit score, paying for small claims out-of-pocket, and qualifying for all possible discounts. Comparison shop once a year by requesting quotes from direct insurance companies, and also from local insurance agencies.

The following list is a quick review of the data that was covered in the charts and tables above.

• It is possible to save approximately $160 per year simply by shopping early and online
• Insureds who want an increased level of liability coverage will pay around $490 annually to raise from 30/60 bodily injury limits to the 250/500 level
• Drivers age 16 to 20 are the costliest to insure, with premiums being up to $416 per month if the policy includes full coverage
• Drivers considered higher risk with a DUI or reckless driving violation may have to pay on average $1,520 more annually than a safer driver

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.