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.

Average insurance rates for a Honda HR-V are $1,296 a year for full coverage insurance. Comprehensive insurance costs on average $238 each year, collision costs $458, and liability is $442. A liability-only policy costs around $496 a year, with high-risk insurance costing $2,818 or more. Teen drivers receive the highest rates at $4,988 a year or more.

Average premium for full coverage: $1,296

Rate estimates by individual coverage type:

Rates are based on $500 deductible amounts, 30/60 split liability limits, and includes additional medical/uninsured motorist coverage. Rates are averaged for all 50 states and HR-V models.

Price Range by Coverage and Risk

Price Range by Location

Choosing to live in a large city can have significant affects on insurance rates. Rural areas tend to have a lower frequency of physical damage claims than larger metro areas.

The graphic below illustrates the difference location can make on car insurance rates.

These examples illustrate why all drivers should compare rates quotes based on a specific location and risk profile, instead of using price averages.

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

Additional Rate Analysis

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

• The lowest rate with discounts is $749
• Raising to $1,000 deductibles will save around $160 each year
• The average rate for a 40-year-old driver with $500 deductibles is $1,296
• Choosing low deductibles will cost an extra $306 every year
• At-risk drivers with multiple violations and an at-fault accident could pay upwards of $2,818 or more
• The cost for full coverage for a teen driver may cost $4,988

View Chart as Image

Insurance rates for a Honda HR-V can also vary considerably based on your driver profile, the model year and trim level, and policy deductibles and limits.

More mature drivers with a clean driving record and high deductibles may pay as little as $1,200 every 12 months on average for full coverage. Rates are highest for teen drivers, where even good drivers can expect to pay upwards of $4,900 a year. View Rates by Age

Where you live also has a big influence on Honda HR-V insurance prices. A middle-age driver might find rates as low as $850 a year in states like Vermont, Wisconsin, and North Carolina, or as much as $1,750 on average in Michigan, New York, and Florida.

View Chart as Image

Choosing high deductibles can reduce rates by up to $470 every year, whereas increasing liability limits will cost you more. Switching from a 50/100 limit to a 250/500 limit will cost as much as $398 more per year. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you are probably paying at a minimum $1,600 to $2,200 extra per year, depending on your age. Insurance for high-risk drivers is expensive and can cost as much as 44% to 138% more than average. View High Risk Driver Rates

With so much variability in rates, the only way to figure out exactly what you will pay is to do a rate comparison and see which company has the best rate. Every auto insurance company uses a different rate calculation, so the rates can be significantly different from one company to the next.

How to Find the Best Cheap Honda HR-V Insurance

Saving money on car insurance consists of having a good driving record, maintaining good credit, avoid buying unnecessary coverage, and bundling your home and auto policies. Make time to compare rates at least every other year by getting rate quotes from direct insurance companies like GEICO and Progressive, and also from local independent and exclusive agents.

The next list is a quick review of the car insurance concepts touched on in this article.

• Higher risk drivers with a DUI or reckless driving violation pay an average of $1,520 more each year to buy Honda HR-V insurance
• It is possible to save as much as $160 per year simply by quoting online in advance
• Increasing deductibles can save around $475 each year
• Policyholders who require increased levels of liability coverage will pay about $490 annually to raise from a minimum limit to 250/500 limits

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.