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.

The average insurance prices for a Honda HR-V are $1,312 every 12 months for full coverage. Comprehensive costs around $250 each year, collision costs $474, and liability coverage is $430. Liability-only coverage costs around $486 a year, with high-risk coverage costing around $2,850. Teen drivers cost the most to insure at $5,012 a year or more.

Average premium for full coverage: $1,312

Policy rates for type of insurance:

These estimates include $500 deductibles, 30/60 liability limits, and includes additional medical/uninsured motorist coverage. Prices are averaged for all states and HR-V models.

Price Range Variability

Urban vs. Rural Price Range

Choosing to live in a large city has a large influence on auto insurance rates. Areas with sparse population are shown to have more infrequent accident claims than larger metro areas.

The graphic below illustrates how your location can change auto insurance rates.

The examples above show why all drivers should compare rates quotes for a specific zip code and their own driving history, rather than using price averages.

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

Additional Rate Analysis

The chart below shows estimated Honda HR-V insurance rates for additional coverage choices and driver risks.

• The lowest rate with discounts is $759
• Raising to $1,000 deductibles will save about $164 a year
• The average price for a good driver age 40 using $500 deductibles is $1,312
• Choosing low deductibles increases the price to $1,634
• Unlucky drivers with multiple violations and an at-fault accident could pay at least $2,850 or more
• Policy cost to insure a teenage driver can be $5,012

View Chart as Image

Insurance rates for a Honda HR-V also range considerably based on liability limits and deductibles, your driver profile, and the trim level and model year.

Choosing high deductibles can reduce rates by up to $490 a year, whereas increasing liability limits will increase rates. Going from a 50/100 liability limit to a 250/500 limit will raise rates by up to $387 more each year. View Rates by Deductible or Liability Limit

More mature drivers with no violations or accidents and higher deductibles may only pay around $1,200 every 12 months on average, or $100 per month, for full coverage. Rates are highest for teenagers, since even excellent drivers should be prepared to pay as much as $5,000 a year. View Rates by Age

If you have a few points on your driving record or you were responsible for an accident, you could be paying at least $1,600 to $2,200 additional every year, depending on your age. Insurance for high-risk drivers is expensive and can cost around 44% to 136% more than average. View High Risk Driver Rates

Your home state also has a big influence on Honda HR-V insurance rates. A middle-age driver might find rates as low as $870 a year in states like Idaho, Maine, and Iowa, or as much as $1,870 on average in Michigan, Louisiana, and New York.

View Chart as Image

Because rates have so much variability, the only way to know your exact price is to do a rate comparison and see how they stack up. Every auto insurance company uses a different rate calculation, and rates will be varied.

How to Shop for Cheap Honda HR-V Insurance

Finding cheaper rates on auto insurance consists of not taking risks behind the wheel, having above-average credit, avoid buying unnecessary coverage, and taking advantage of discounts. Invest the time to shop around at every policy renewal by requesting rates from direct carriers, and also from local exclusive and independent agents.

The following is a brief summary of the data illustrated above.

• Consumers who may need higher liability limits will pay about $470 each year to raise from a 30/60 limit to a 250/500 level
• Drivers can save up to $160 per year simply by quoting online in advance
• Increasing comprehensive and collision deductibles could save as much as $475 each year
• Teens are charged the highest rates, costing up to $418 each month if full coverage is included

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.