Honda Fit Insurance Rates

How much does a Honda Fit cost to insure? What is the cheapest car to insure? The average insurance cost for a Honda Fit is $1,168 a year, or $97 a month. Of course, a 2010 Honda Fit insurance cost will be slightly different than a 2018 Honda Fit insurance cost, but vehicles‘ rates should always be near the average insurance cost for a model.

If you want to start shopping for cheap Honda Fit insurance rates right away, enter your ZIP code in our free tool above.

The average insurance prices for a Honda Fit are $886 every 12 months including full coverage. Comprehensive insurance costs on average $176 a year, collision costs $288, and liability costs around $312. Liability-only coverage costs as low as $352 a year, with high-risk coverage costing $1,908 or more. 16-year-old drivers cost the most to insure at $3,364 a year or more.

Average premium for full coverage: $886

Policy rates by type of insurance:

Full coverage includes $500 comprehensive and collision deductibles, liability limits of 30/60, and includes medical and uninsured motorist coverage. Prices are averaged for all 50 U.S. states and Fit trim levels.

Price Range Variability

Urban vs. Rural Price Range

Where you live can make a big difference on car insurance rates. Rural areas are shown to have more infrequent comprehensive and collision claims than congested cities.

The diagram below illustrates the effect of geographic area on car insurance rates.

The examples above highlight why it is important to compare prices based on a specific location and their own driving history, instead of making a decision based on rate averages.

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

Detailed Rate Analysis

The chart below breaks down estimated Honda Fit insurance rates for different risk profiles and scenarios.

• The best full coverage rate is $518
• Using higher $1,000 deductibles will save around $782 every year
• The average price for a good driver age 40 with $500 deductibles is $886
• Buying low $100 deductibles for physical damage coverage costs an extra $206 annually
• High-risk insureds with multiple tickets or accidents could pay upwards of $1,908 or more
• Policy cost to insure a 16-year-old driver may cost $3,364 or more

View Chart as Image

Insurance rates for a Honda Fit also range considerably based on liability limits and deductibles, your driving characteristics, and the trim level of your Fit.

Opting for high physical damage deductibles could cut rates by as much as $310 annually, while buying higher liability limits will cost you more. Changing from a 50/100 liability limit to a 250/500 limit will raise rates by up to $281 more each year. View Rates by Deductible or Liability Limit

Older drivers with no violations or accidents and higher deductibles may pay as low as $800 a year, or $67 per month, for full coverage. Rates are highest for teenagers, since even excellent drivers should be prepared to pay upwards of $3,300 a year. View Rates by Age

If you have a few points on your driving record or you were responsible for an accident, you are likely paying at a minimum $1,100 to $1,500 additional every year, depending on your age. A high-risk auto insurance policy can be from 45% to 138% more than the average rate. View High Risk Driver Rates

Your home state has a huge impact on Honda Fit insurance prices. A driver around age 40 might see rates as low as $680 a year in states like Missouri, New Hampshire, and Vermont, or at least $1,270 on average in Michigan, New York, and Louisiana.

View Chart as Image

Because rates have so much variability, the best way to figure out exactly what you will pay is to get quotes from multiple companies. Each insurance company utilizes a different rate formula, and rates will be varied.

Insurance Rates by Trim Level and Model Year

Rates assume 2015 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 Shop for More Affordable Honda Fit Insurance

Finding cheaper rates on insurance for a Honda Fit requires having a decent driving record, having above-average credit, paying for small claims out-of-pocket, and insuring your home and auto with the same company. Take the time to compare rates once a year by getting rate quotes from direct car insurance companies, and also from your local independent and exclusive agents.

The following items are a summary of the data that was covered in the above illustrations.

• You may be able to save as much as $100 per year simply by quoting early and online
• Insureds who require additional liability coverage will pay around $340 per year to increase from a 30/60 limit to a 250/500 level
• 16 to 18-year-old drivers pay higher rates, with premiums being up to $280 each month if full coverage is included
• Drivers considered higher risk who have multiple accidents or major violations may pay on average $1,020 more each year than a driver with a clean driving record

Wondering why are Hondas expensive to insure? If your rates are high, it’s likely because of your age or driving record. If you want to know what are the cheapest cars to insure for your age and driving record, shop around for rates.

Doing so will allow you to compare random model year costs, such as comparing 2008, 2010, 2019, and 2020 Honda Fit Insurance costs. Looking at how rates change over the years will give you an idea of what car insurance for a Honda Fit will cost in a decade.

Ready to find out how much is a Honda Fit car insurance plan in your area? Enter your ZIP code in our free tool below.

What are the safety ratings of the Honda Fit?

The Honda Fit average price of insurance can change based on Honda Fit safety ratings and features. The Honda Fit has some decent safety features that come standard, such as multiple airbags, brake assist, electronic stability control, and traction control

The Honda Fit also tested well at the Insurance Institute for Highway Safety (IIHS). The crash test ratings for the Honda Fit are listed below.

• Moderate overlap front: Good
• Side: Good
• Roof strength: Good
• Head restraints and seats: Good

Keep in mind that safety ratings can change from year to year. So if you are wondering how much is insurance on a 2020 Honda Fit, it might be more or less than a 2010 Honda Fit Sport VSA depending upon what safety ratings the 2020 model received.

To see how the IIHS tested the Honda Fit, watch the video below.

Honda Fit Compared Against Other Vehicles in the Same Class

The Honda Fit is a minicar, which means it generally won’t be causing much damage to other drivers and vehicles in a crash. This can be good, as it means the Honda Fit could have lower liability rates.

To see how the Honda Fit compares with other minicars’ rates, view the list below.

• Chevrolet Spark Insurance Rates
• Ford Fiesta Insurance Rates
• Hyundai Accent Insurance Rates

Ready to start shopping for Honda Fit insurance rates? To learn everything from how much is a 2020 Honda Fit to a 2010 Honda Fit to insure in your area, enter your ZIP code in our free tool.