Honda Odyssey Insurance Rates

One of the frequently asked coverage questions is how much does it cost to insure a Honda Odyssey? The average insurance cost for an Odyssey is $1,342 a year, or $111 a month. Learn what you can do to find cheap Honda Odyssey car insurance rates in our guide.

If you want to start comparing everything from the 2015 Honda Odyssey insurance cost to the 2018 Honda Odyssey insurance rates to 2007 Honda Odyssey trim levels’ rates, enter your ZIP code in our free tool above.

Estimated insurance rates for a Honda Odyssey are $1,318 a year for full coverage. Comprehensive insurance costs on average $256, collision costs $506, and liability insurance is estimated at $398. A policy with only liability insurance costs approximately $460 a year, with a high-risk policy costing $2,868 or more. 16-year-old drivers pay the most at $5,002 a year or more.

Average premium for full coverage: $1,318

Premium estimates by type of coverage:

Rates are based on $500 policy deductibles, liability coverage up to 30/60, and includes both medical and UM/UIM coverage. Rates include averaging for all states and for all Odyssey models.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Living in a larger city has a significant impact on car insurance rates. Rural areas are statistically proven to have lower incidents of accident claims than congested cities.

The example below illustrates the difference between rural and urban areas on car insurance rates.

These rate differences show why everyone should get quotes based on a specific location, rather than relying on rate averages.

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

Rate Comparisons

The chart below shows estimated Honda Odyssey insurance rates for different risk profiles and scenarios.

• The best full coverage rate is $757
• Choosing higher $1,000 deductibles can save around $170 a year
• The estimated price for a 40-year-old good driver with $500 deductibles is $1,318
• Buying pricier low deductibles for comp and collision coverage will cost an additional $340 a year
• High-risk insureds with multiple tickets or accidents could pay upwards of $2,868 or more
• An auto insurance policy that insures a teen driver for full coverage may cost $5,002 each year

View Chart as Image

Car insurance prices for a Honda Odyssey also have a wide range based on the model of your Odyssey, how you drive, and policy deductibles and limits.

If you have a few violations or you caused an accident, you could be paying at a minimum $1,600 to $2,200 extra annually, depending on your age. Honda Odyssey insurance for high-risk drivers ranges anywhere from 44% to 135% more than the average rate. View High Risk Driver Rates

A more mature driver with no driving violations and higher comprehensive and collision deductibles could pay as little as $1,200 annually 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 be charged upwards of $5,000 a year. View Rates by Age

Where you choose to live plays a big part in determining prices for Honda Odyssey insurance rates. A good driver about age 40 could pay as low as $870 a year in states like Idaho, Maine, and Iowa, or at least $1,880 on average in Michigan, Louisiana, and New York.

View Chart as Image

Opting for high physical damage deductibles can save as much as $510 each year, whereas buying more liability protection will cost you more. Going from a 50/100 bodily injury protection limit to a 250/500 limit will cost up to $358 extra every 12 months. View Rates by Deductible or Liability Limit

With such a large range in prices, the only way to know exactly what you will pay is to regularly compare prices from as many companies as possible. Each auto insurer utilizes a different rate formula, so rate quotes will be substantially different.

Insurance Rates by Trim Level and Model Year

Rates assume 2023 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 Find the Best Cheap Honda Odyssey Insurance

Finding better rates on Honda Odyssey insurance takes being a good driver, having a positive credit history, not filing small claims, and maximizing policy discounts. Comparison shop every time your policy renews by requesting quotes from direct carriers, and also from local exclusive and independent agents.

The following list is a quick review of the information covered above.

• Drivers can save as much as $160 per year simply by quoting online well ahead of the renewal date
• Drivers age 16 to 20 are expensive to insure, as much as $417 per month if full coverage is purchased
• Increasing policy deductibles can save approximately $500 each year
• High-risk drivers with a DUI or reckless driving violation may pay on average $1,550 more each year than a safer driver
• Drivers who require an increased level of liability coverage will pay around $440 each year to raise limits from 30/60 bodily injury limits to the 250/500 level

Honda Odyssey insurance costs can be reduced by shopping around for quotes. It can also help you decide what model year you want to buy, as you can find everything from 2003 Honda Odyssey price ranges to 2005 Honda Odyssey price ranges.

So if you are ready to find out various prices, such as how much does 2010, 2015, or 2016 Honda Odyssey cost to insure, enter your ZIP code in our free tool below.

What are the safety ratings of the Honda Odyssey?

The cost of a new Honda Odyssey may be more expensive if there are multiple safety features. The good news is that great Honda Odyssey safety ratings and features mean cheaper insurance rates. The Honda Odyssey has some good safety features, such as various protective airbags, brake assist, electronic stability control, and traction control.

The Insurance Institute of Highway Safety (IIHS) also gave the Honda Odyssey a 2019 Top Safety Pick award, as it has the following crash test ratings:

• 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

Keep in mind that a Honda Odyssey that is older may not have as good of a crash test rating. Watch the video below to see how the IIHS crash-tested the Honda Odyssey.

Honda Odyssey Compared Against Other Vehicles in the Same Class

So how much is a Honda Odyssey to insure with liability insurance? What are the affordable Honda Odyssey car insurance options? The answer depends on the vehicle class. The Honda Odyssey is a very large minivan, which means it can easily do damage to other vehicles. Luckily, the IIHS found that in comparison to other very large minivans, the Honda Odyssey’s liability insurance losses were significantly better than average.

This means that the cost of insurance for a Honda Odyssey should be cheaper than other very large minivans, regardless of whether you are looking at Honda Odyssey 2005 costs or 2016 or 2015 Honda Odyssey prices paid. To see how much other very large minivans cost to insure, view the list below.

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Ready to jump into finding out how much does a 2015 Honda Odyssey cost or how much is a 2011 Honda Odyssey cost to insure? Shopping for rates will give you a better idea of what average rates are for a Honda Odyssey. Enter your ZIP code in our free tool to get started and get a Honda Odyssey insurance quote today.

References

1. https://www.iihs.org/ratings/vehicle/honda/odyssey-minivan/2020