Honda CR-V Insurance Rates

What is the cost of a Honda CR-V? How much does it cost to insure a Honda CR-V? The average Honda CR-V insurance rates are $95 per month or $1,140 annually. 

Is a Honda CR-V expensive to insure compared to similar vehicles? While the price will vary depending on whether you are looking for the Honda CR-V 2018 insurance rates or the the cost of a Honda CR-V in 2017, the average price to insure a Honda CR-V is lower than other vehicles in the same car class. 

To save on your car insurance rates, read through our comprehensive breakdown of Honda CR-V insurance. You’ll learn how your Honda CR-V rates are calculated and we’ll show you how you can easily secure cheap car insurance premiums.

Ready to jump right into finding Honda CR-V insurance quotes? Simply enter your five-digit ZIP code into our FREE online quote tool above to receive competitive rates from insurance providers near you.

Average insurance rates for a Honda CR-V are $1,102 a year for full coverage. Comprehensive insurance costs approximately $240 a year, collision costs $362, and liability is estimated at $364. Buying just liability costs approximately $416 a year, with insurance for high-risk drivers costing $2,366 or more. 16-year-old drivers receive the highest rates at $4,140 a year or more.

Average premium for full coverage: $1,102

Rate estimates by individual coverage type:

Estimates include $500 policy deductibles, 30/60 split liability limits, and includes uninsured/under-insured motorist coverage. Rates are averaged for all states and CR-V trim levels.

Price Range by Coverage and Risk

Price Range by Location

Living in a larger city can make a big difference on car insurance rates. Rural locations tend to have a lower frequency of accident claims than congested cities.

The diagram below illustrates how geographic area affects auto insurance prices.

These examples show why it is important to get quotes using their specific location and risk profile, instead of making a decision based on rate averages.

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

More Rate Information

The chart below shows estimated Honda CR-V insurance rates for additional coverage and risk scenarios.

• The best full coverage rate is $648
• Choosing higher $1,000 deductibles can save $966 a year
• The average rate for a 40-year-old driver who chooses $500 deductibles is $1,102
• Buying low $100 deductibles for comp and collision coverage will cost an extra $264 annually
• Higher-risk drivers with multiple tickets or accidents could pay around $2,366 or more
• The cost for full coverage for a 16-year-old driver can cost $4,140 each year

View Chart as Image

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

Older drivers with a good driving record and high deductibles may pay as low as $1,000 annually on average for full coverage. Rates are highest for teen drivers, where even good drivers will have to pay in the ballpark of $4,100 a year. View Rates by Age

Where you live plays a big part in determining prices for Honda CR-V insurance prices. A good driver about age 40 could pay as low as $730 a year in states like Iowa, Maine, and Idaho, or at least $1,570 on average in New York, Louisiana, and Michigan.

View Chart as Image

Opting for high physical damage deductibles can save as much as $400 annually, while buying higher liability limits will push rates upward. Going from a 50/100 limit to a 250/500 limit will cost as much as $327 extra every year. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you could be paying anywhere from $1,300 to $1,800 in extra premium per year, depending on your age. A high-risk auto insurance policy ranges from 43% to 131% more than the average rate. View High Risk Driver Rates

With so much variability in rates, the only way to know who has the cheapest car insurance rates is to get quotes from multiple companies. Each auto insurer utilizes a different rate formula, and quoted rates can be significantly different from one company to the next.

Insurance Rates by Trim Level and Model Year

Rates assume 2020 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 Low Cost Honda CR-V Insurance

Saving money on insurance for a Honda CR-V takes avoiding accidents and claims, having good credit, eliminating unneeded coverage, and not having any coverage lapses. Invest the time to compare rates at least every other year by obtaining price quotes from direct carriers like GEICO and Progressive, and also from local exclusive and independent agents.

The points below are a review of the car insurance concepts presented in the illustrations above.

• Drivers considered higher risk who have several accidents or serious violations may pay on average $1,260 more per year to insure a Honda CR-V
• Drivers can save around $130 per year simply by quoting early and online
• Increasing deductibles can save around $400 each year
• Insureds who purchase increased liability limits will pay around $400 each year to raise limits from a minimum limit to 250/500 limits

Wondering how much you should pay for a 2020 Honda CR-V? The starting market price is at $26,550. Is the Honda CR-V a good car? It’s a great compact SUV. But how many miles will a Honda CR-V last you? With consistent maintenance and care, it should last over 200K miles.

Following the tips above will help you lower the insurance costs for a Honda CR-V, whether it’s a new Honda CR-V or an old model. 

You can easily secure affordable Honda CR-V car insurance by getting quotes from multiple different companies. This will help you find out how much a Honda CR-V costs to insure, whether it’s for the 2018 Honda CR-V insurance costs, or the cheapest Honda CR-V 2015 insurance rates, or even a 2003 Honda CR-V price range.

Whatever the model year of your Honda CR-V, get quotes to reduce your rates. Use our free tool below to get started on finding Honda car insurance. You can even compare Honda CR-V 2013 insurance rates to Honda CR-v 2017 insurance rates.

What are the safety ratings of the Honda CR-V?

Honda car insurance can be expensive if a vehicle has poor safety standards. The Honda CR-V has decent safety features, such as multiple airbags, brake assist, traction control, and lane departure warning and assist.

The Insurance Institute for Highway Safety (IIHS) also gave the 2020 Honda CR-V a 2020 Top Safety Pick award. See the IIHS test results below.

• 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

‘Good’ is the highest possible score given by the IIHS. Your car insurance rates will already reflect these nearly perfect safety ratings. 

Just keep in mind that different Honda CR-V model years will receive different safety ratings and crash test results. Therefore, we always recommend looking up the details about your specific vehicle model year and trim level for the most accuracy. 

Just like safety ratings, your car insurance rates will also be impacted by the Honda CR-V crash test results. 

In the table below, compare the different Honda CR-V crash test ratings over the years as performed by the National Highway Traffic Safety Administration (NHTSA).

A 5-star rating is the highest possible score given by the NHTSA. Overall, the Honda CR-V received stellar crash test ratings over the years. These results will help keep your car insurance rates on the lower side. 

Should you compare the Honda CR-V to other vehicles in the same class?

Are Honda CR-Vs expensive to insure with liability coverage? While this depends on factors like a driver’s age or the car model, as Honda Civic insurance for a 17-year-old will be pricier than insurance for a 60-year-old, liability rates mostly depend on the liability insurance losses of a vehicle.

The Honda CR-V is considered a small SUV, and the IIHS rated the Honda CR-V’s liability losses as substantially better than average. See more of the Honda CR-V insurance loss probability details in the table below.

Keep in mind that the lower the percentage, the better the insurance loss ratio. Fortunately, the Honda CR-V is average or substantially better than average in every category.

If you want to see how Honda CR-V’s rates compare to other small SUVs, take a look at the cars below.

• Chevrolet Equinox
• Chevrolet Trax
• FIAT 500x

Shopping around to find good 2014 Honda CR-V car insurance quotes will be the best way to save on rates, whether you are looking for the insurance premium for a new Honda CR-V or the average CR-V prices paid for a model in 2017.

You are now ready to buy Honda CR-V car insurance. Always compare multiple quotes before you buy Honda CR-V car insurance. Remember, the best Honda CR-V car insurance company will provide you with competitive rates without compromising your coverage levels. 

Find the best and cheapest Honda CR-V car insurance rates right now, just by using our free online quote tool. Simply enter your ZIP code into our FREE quote tool to immediately receive quotes from multiple Honda CR-V car insurance companies.

References:

1. https://www.iihs.org/ratings/vehicle/honda/cr-v-4-door-suv/2020
2. https://www.nhtsa.gov/vehicle/2021/HONDA/CR-V/SUV/FWD