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.

U.S. average insurance prices for a Honda Odyssey are $1,316 every 12 months for full coverage insurance. Comprehensive insurance costs approximately $248, collision insurance costs $494, and liability coverage is estimated at $416. Buying just liability costs approximately $474 a year, and insurance for high-risk drivers costs $2,866 or more. 16-year-old drivers pay the highest rates at up to $5,024 a year.

Average premium for full coverage: $1,316

Price estimates by individual coverage:

Estimates include $500 deductible amounts, 30/60 liability limits, and includes additional medical/uninsured motorist coverage. Estimates are averaged for all 50 states and for different Odyssey trim levels.

Price Range from Low to High

Geographic Price Range

Living in a larger city has a large influence on the price of auto insurance. Rural locations have more infrequent physical damage claims than congested cities. The price range example below illustrates how location helps determine auto insurance prices.

The ranges above illustrate why anyone shopping for car insurance should get quotes using their specific location and their own driving history, rather than using rate averages.

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

Additional Rate Analysis

The chart below illustrates average Honda Odyssey insurance rates for additional coverage and risk scenarios.

• The best full coverage rate is $758
• Choosing higher $1,000 deductibles can save $168 each year
• The average price for the average middle-age driver who chooses $500 deductibles is $1,316
• Buying more expensive low deductibles for comp and collision coverage costs an extra $330 each year
• Drivers with multiple tickets or accidents could pay around $2,866
• The price to insure a teenage driver with full coverage can cost $5,024 each year

View Chart as Image

Insurance prices for a Honda Odyssey are also quite variable based on deductibles and policy limits, your risk profile, and the model of your Odyssey.

Opting for high physical damage deductibles can save as much as $500 a year, while increasing your policy's liability limits will push prices upward. Switching from a 50/100 liability limit to a 250/500 limit will increase prices by as much as $375 more each year. View Rates by Deductible or Liability Limit

An older driver with no violations or accidents and higher deductibles may only pay around $1,200 annually on average for full coverage. Prices are highest for teenage drivers, since even excellent drivers should be prepared to pay in the ballpark of $5,000 a year. View Rates by Age

If you have some driving violations or you were responsible for an accident, you are probably paying anywhere from $1,600 to $2,200 additional each year, depending on your age. High-risk driver insurance ranges around 44% to 135% more than the average rate. View High Risk Driver Rates

The state you live in plays a big part in determining prices for Honda Odyssey insurance rates. A good driver about age 40 could pay as low as $860 a year in states like North Carolina, Wisconsin, and Vermont, or at least $1,780 on average in Florida, New York, and Michigan.

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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 Shop for Low Cost Honda Odyssey Insurance

Getting lower rates on auto insurance takes having a good driving record, having above-average credit, not filing small claims, and consideration of higher deductibles. Invest time comparing rates at every policy renewal by requesting quotes from direct insurance companies like Progressive, GEICO, and Esurance, and also from local insurance agencies.

The next list is a review of the data covered in the charts and tables above.

• Consumers who purchase increased levels of liability coverage will pay around $460 annually to raise limits from a low limit to a 250/500 level
• It is possible to save around $160 per year just by shopping early and online
• Increasing physical damage deductibles could save as much as $500 each year
• Drivers age 20 and younger are the costliest to insure, as much as $419 a month if full coverage is included

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