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.

Average auto insurance rates for a Honda Odyssey are $1,284 annually for full coverage. Comprehensive costs an estimated $226 a year, collision insurance costs $458, and liability costs $442. Buying just liability costs as little as $496 a year, and insurance for high-risk drivers costs around $2,800. 16-year-old drivers receive the highest rates at up to $4,972 a year.

Average premium for full coverage: $1,284

Rate estimates broken down by individual coverage type:

These estimates include $500 policy deductibles, 30/60 split liability limits, and includes UM/UIM and medical coverage. Rates are averaged for all states and Odyssey trim levels.

Price Range by Coverage and Risk

Price Range by Location

Your location can have significant affects on insurance rates. More rural locations tend to have fewer accident claims than congested cities. The diagram below illustrates the difference location can make on insurance prices.

These examples show why it is important to compare rates for a targeted area and their own personal driving habits, instead of using rate averages.

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

Rates by State, City, and Model

The chart below shows average Honda Odyssey insurance rates for other coverage scenarios.

• The best full coverage rate is $740
• Drivers who choose higher $1,000 deductibles will pay approximately $1,128 a year
• The estimated rate for a 40-year-old driver who has $500 deductibles is $1,284
• Buying low $100 deductibles for comprehensive and collision insurance will cost $1,588
• Higher-risk drivers with multiple tickets or accidents could pay up to $2,800
• The cost with full coverage for a teen driver can cost as much as $4,972 a year

View Chart as Image

Auto insurance rates for a Honda Odyssey can also vary considerably based on the trim level of your Odyssey, your driver profile, and liability limits and deductibles.

Older drivers with a good driving record and high physical damage deductibles may pay as little as $1,200 per year on average for full coverage. Rates are highest for teen drivers, where even without any violations or accidents they will have to pay at least $4,900 a year. View Rates by Age

If you like to drive fast or you caused a few accidents, you could be paying $1,500 to $2,100 in extra premium per year, depending on your age. A high-risk auto insurance policy can cost as much as 42% to 130% more than the average rate. View High Risk Driver Rates

Opting for high physical damage deductibles could save up to $460 every year, while buying higher liability limits will increase premiums. Going from a 50/100 bodily injury limit to a 250/500 limit will cost as much as $398 extra every year. View Rates by Deductible or Liability Limit

Where you live makes a big difference in Honda Odyssey insurance prices. A 40-year-old driver could pay as low as $850 a year in states like Iowa, Maine, and Idaho, or at least $1,830 on average in New York, Louisiana, and Michigan.

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Insurance Rates by Trim Level and Model Year

Rates assume 2018 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 Buy Cheap Honda Odyssey Insurance

Saving money on car insurance not only requires avoiding accidents and claims, but also having above-average credit, eliminating unneeded coverage, and consideration of higher deductibles. Make time to compare rates at least every other year by getting quotes from direct carriers like Progressive and GEICO, and also from local exclusive and independent agents.

The points below are a brief summary of the car insurance concepts touched on in this article.

• Higher risk drivers that tend to have accidents or serious violations may pay on average $1,520 more annually to insure a Honda Odyssey
• Drivers can save approximately $150 per year just by quoting early and online
• Increasing deductibles could save up to $450 each year
• Policyholders who want increased liability limits will pay around $490 each year to go from a minimum limit to higher 250/500 limits

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