Honda HR-V Insurance Rates

Honda HR-V insurance rates amount to $1,356 a year, or $113 a month on average for full coverage. 

There are a number of factors that ultimately determine how expensive it is to insure a Honda HR-V. For example, if you looked at a Honda HR-V comparison chart, you will notice that older models are cheaper to insure than newer models. 

In order to alleviate the stress associated with shopping for insurance, let our thorough guide serve as your main point of reference. When you’re ready to find cheap insurance rates, be sure to enter your five-digit ZIP code to start comparing Honda HR-V car insurance policies from multiple companies.

Estimated insurance prices for a Honda HR-V are $1,312 every 12 months for full coverage insurance. Comprehensive costs on average $250 a year, collision costs $474, and liability insurance is $430. A policy with only liability insurance costs around $486 a year, with a high-risk policy costing around $2,850. 16-year-old drivers pay the most at $5,012 a year or more.

Average premium for full coverage: $1,312

Premium estimates by type of coverage:

Rates are based on $500 physical damage insurance deductibles, 30/60 bodily injury liability limits, and includes uninsured motorist and medical coverage. Rates include averaging for all 50 states and HR-V trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Choosing to live in a large city has a significant impact on insurance rates. Rural areas are statistically proven to have more infrequent physical damage claims than congested cities.

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

These rate differences illustrate why it is important to compare rates quotes based on a specific location and their own driving history, rather than relying on rate averages.

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

Additional Rate Information

The chart below illustrates estimated Honda HR-V insurance rates for different risk profiles and scenarios.

• The best full coverage rate is $759
• Raising to $1,000 deductibles will save around $1,148 each year
• The average price for a 40-year-old good driver with $500 deductibles is $1,312
• Buying low $100 deductibles increases the price to $1,634
• Higher-risk drivers with multiple tickets or accidents could pay upwards of $2,850 or more
• An auto insurance policy to insure a teen driver may cost $5,012

View Chart as Image

Car insurance prices for a Honda HR-V also have a wide range based on physical damage deductibles and liability limits, your risk profile, and the trim level of your HR-V.

Opting for high physical damage deductibles can reduce prices by up to $490 each year, while buying higher liability limits will cost you more. Switching from a 50/100 liability limit to a 250/500 limit will cost up to $387 extra every 12 months. View Rates by Deductible or Liability Limit

Older drivers with no driving violations and higher deductibles could pay as little as $1,200 every 12 months on average, or $100 per month, for full coverage. Prices are highest for drivers in their teens, since even excellent drivers will be charged upwards of $5,000 a year. View Rates by Age

If you have a few violations or you were responsible for an accident, you are probably paying at a minimum $1,600 to $2,200 extra annually, depending on your age. A high-risk auto insurance policy is expensive and can cost anywhere from 44% to 136% more than the average rate. View High Risk Driver Rates

Where you choose to live also has a big influence on Honda HR-V insurance rates. A middle-age driver might find prices as low as $860 a year in states like Vermont, Wisconsin, and North Carolina, or at least $1,770 on average in Michigan, New York, and Florida.

View Chart as Image

With such a large range in prices, the only way to figure out exactly what you will pay is to get quotes from as many companies as possible. Every auto insurance company utilizes a different rate formula, so rate quotes will be substantially different.

How to Shop for the Best Cheap Honda HR-V Insurance

Finding better rates on Honda HR-V insurance consists of being a low-risk driver, maintaining a good credit score, paying for small claims out-of-pocket, and maximizing policy discounts. Set aside time to compare rates at every other renewal by requesting rates from direct insurance companies, and also from several local insurance agents.

The items below are a quick review of the concepts that were covered above.

• High-risk drivers with a DUI or reckless driving violation pay on average $1,540 more each year to insure their HR-V
• Teen drivers are expensive to insure, with premiums being up to $418 per month if the policy includes full coverage
• It is possible to save as much as $160 per year simply by quoting early and online
• Increasing policy deductibles could save as much as $475 each year
• It is possible to save as much as $160 per year simply by quoting early and online

As you can see from the information we’ve gone over to this point, it’s clear that the amount of money you pay for your model is parallel to how much you pay for insurance. Therefore, if you find yourself asking, “How much does a Honda HR-V cost?” you should also be considering the price of insurance.

The best way to find affordable Honda HR-V car insurance quotes is by using our free online tool below. Simply enter your ZIP code to find great Honda HR-V insurance quotes from providers in your area.

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

It’s important to consider the safety ratings of the Honda HR-V to get a proper understanding of where you might qualify for policy discounts. 

Take a look at the safety ratings of the Honda HR-V below so you can see where you might be able to save money on your policy.

• 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

For a frame of reference, the Insurance Institute for Highway Safety classifies “Good” as the highest rating possible. The Honda HR-V achieved that mark in every part of the SUV that was tested, meaning it absolutely aced the crash test.

Honda HR-V Compared Against Other Vehicles in the Same Class

Officially, the Honda HR-V is classified as a small SUV by the Insurance Institute for Highway Safety. Other similar models include the following:

• Kia Niro
• Mazda CX-3

When providing you with a Honda HR-V insurance cost, insurance companies will consider the loss percentages of the Honda HR-V as it compares to other similar models in this class.

The good news is that the Honda HR-V reflects a loss percentage of 0 percent for both property damage and bodily injury liability insurance. That means that liability insurance for this model is right at the median, so rates won’t be too high or too low.

Now that we have gone into great detail about how Honda HR-V insurance rates are calculated, you can feel confident when it’s time to buy Honda HR-V car insurance. Start comparing Honda HR-V car insurance rates from multiple companies through the use of our free online tool.