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. Comprehensive insurance costs an estimated $238 a year, collision costs $458, and liability costs around $442. A liability-only policy costs as low as $496 a year, with high-risk insurance costing $2,818 or more. Teen 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:

Price estimates include $500 physical damage deductibles, bodily injury liability limits of 30/60, and includes both medical and UM/UIM coverage. Rates include averaging for all states and HR-V trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Where you live can make a big difference on insurance rates. More rural locations are statistically proven to have a lower frequency of accident claims than larger metro areas.

The diagram below illustrates the difference between rural and urban areas on insurance prices.

These rate differences show why it is important to compare prices for a targeted area and risk profile, instead of making a decision based on price averages.

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

Rate Comparisons

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

• The lowest rate with discounts is $749
• Using higher $1,000 deductibles will save approximately $1,136 a year
• The average rate for a 40-year-old good driver who has $500 deductibles is $1,296
• Choosing low $100 deductibles for physical damage coverage will cost an extra $306 annually
• High-risk insureds with multiple violations and an at-fault accident could pay up to $2,818 or more
• An auto insurance policy for full coverage for a 16-year-old driver can cost as much as $4,988 or more

View Chart as Image

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

Older drivers with a good driving record and high deductibles may pay as low as $1,200 a year, or $100 per month, for full coverage. Prices are highest for drivers in their teens, where even good drivers will have to pay at least $4,900 a year. View Rates by Age

Where you choose to live has a huge impact on Honda HR-V insurance prices. A driver around age 40 might see prices as low as $850 a year in states like Iowa, Maine, and Idaho, or as much as $1,850 on average in New York, Louisiana, and Michigan.

View Chart as Image

Choosing high deductibles could cut prices by as much as $470 annually, while buying higher liability limits will increase premiums. Going from a 50/100 limit to a 250/500 limit will cost up to $398 extra every year. View Rates by Deductible or Liability Limit

If you have a few violations or tend to cause accidents, you could be paying $1,600 to $2,200 in extra premium annually, depending on your age. A high-risk auto insurance policy can be from 44% to 138% more than average. View High Risk Driver Rates

With such a large range in prices, the only way to know which insurance company is cheapest is to get quotes from multiple companies. Each insurance company uses a different rate calculation, and quoted prices will be substantially different from one company to the next.

How to Find Cheaper Honda HR-V Insurance

Finding better rates on insurance for a Honda HR-V requires being a safe and courteous driver, having good credit, not filing small claims, and qualifying for all possible discounts. Set aside time to compare rates every other policy renewal by getting quotes from direct carriers like Progressive, GEICO, and Esurance, and also from local independent and exclusive agents.

Below is a condensed summary of the ideas that were covered above.

• Teenage drivers are the costliest to insure, as much as $416 per month if they have full coverage
• Drivers considered higher risk with multiple at-fault accidents pay an average of $1,520 more annually for auto insurance
• Increasing policy deductibles can save around $475 each year
• Drivers can save approximately $160 per year simply by quoting early and online

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.