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 with full coverage. Comprehensive costs approximately $238 each year, collision costs $458, and liability costs around $442. Buying just liability costs as low as $496 a year, with insurance for high-risk drivers costing around $2,818. 16-year-old 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 policy deductibles, liability coverage up to 30/60, and includes both medical and UM/UIM coverage. Rates are averaged for all U.S. states and HR-V models.

Price Range by Coverage and Risk

Price Range by Location

Where you live can have significant affects on the price of insurance. Rural locations tend to have a lower frequency of collision claims than congested cities.

The graphic below illustrates how rural and urban location affects auto insurance prices.

These examples demonstrate why all drivers should compare prices using their specific location and risk profile, instead of using rate averages.

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

Rate Comparisons

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

• The best full coverage rate is $749
• Using higher $1,000 deductibles will save $160 annually
• The average rate for a 40-year-old driver who chooses $500 deductibles is $1,296
• Buying low deductibles for physical damage coverage will increase the cost to $1,602
• Drivers with multiple tickets or accidents could pay around $2,818 or more
• The cost for full coverage for a teen driver can cost $4,988 or more

View Chart as Image

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

More mature drivers with a good driving record and high deductibles may pay as little as $1,200 a year for full coverage. Rates are highest for teen drivers, where even good drivers will have to pay in the ballpark of $4,900 a year. View Rates by Age

Where you live has a huge impact on Honda HR-V insurance prices. A driver around age 40 might see rates as low as $930 a year in states like Utah, Ohio, and New Hampshire, or at least $1,750 on average in New York, Michigan, and Florida.

View Chart as Image

Opting for high physical damage deductibles could cut rates by as much as $470 every year, whereas increasing liability limits will push rates upward. Moving from a 50/100 limit to a 250/500 limit will cost as much as $398 extra every year. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you may be forking out anywhere from $1,600 to $2,200 in extra premium per year, depending on your age. Insurance for high-risk drivers can be as much as 44% to 138% more than the average rate. View High Risk Driver Rates

With so much variability in rates, the best way to find out who has the cheapest auto insurance rates is to do a rate comparison and see which company has the best rate. Each insurance company utilizes a different rate formula, and quoted 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 requires being a good driver, having good credit, eliminating unnecessary coverage, and not having any coverage lapses. Set aside time to shop around every time your policy renews by requesting quotes from direct companies like GEICO and Progressive, and also from several local insurance agents.

The following list is a quick review of the information raised in the charts and tables above.

• You may be able to save around $160 per year simply by quoting online in advance
• Drivers age 16 to 20 have the highest car insurance rates, with premiums as much as $416 per month if they have full coverage
• Increasing deductibles can save around $475 each year
• Higher risk drivers with a DUI or reckless driving violation pay on average $1,520 more per year than a safer driver
• Policyholders who purchase an increased level of liability coverage will pay around $490 every year to increase 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.