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.

U.S. average insurance rates for a Honda HR-V are $1,312 a year for full coverage. Comprehensive insurance costs an estimated $250 each year, collision costs $474, and liability costs around $430. Liability-only insurance costs as low as $486 a year, with high-risk driver insurance costing $2,850 or more. Teen drivers pay the highest rates at $5,012 a year or more.

Average premium for full coverage: $1,312

Price estimates broken down by individual coverage:

Prices include $500 deductible amounts, minimum liability limits, and includes medical and uninsured motorist coverage. Estimates are averaged for all states and HR-V models.

Price Range from Low to High

Geographic Price Range

Where you live can have significant affects on insurance rates. More rural locations have lower incidents of accident claims than larger metro areas.

The graphic below illustrates the effect of geographic area on insurance prices.

The ranges above show why all drivers should compare prices for a targeted area, instead of using price averages.

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

Detailed Rate Analysis

The chart below shows estimated Honda HR-V insurance rates for other coverage scenarios.

• The lowest rate with discounts is $759
• Using higher $1,000 deductibles will save approximately $164 a year
• The estimated price for the average middle-age driver who has $500 deductibles is $1,312
• Choosing low deductibles for physical damage coverage will cost an additional $322 every year
• Drivers with multiple violations and an at-fault accident could pay up to $2,850 or more
• The price that insures a teen driver can cost as much as $5,012 or more

View Chart as Image

Car insurance prices for a Honda HR-V are also quite variable based on the trim level and model year, how you drive, and liability limits and deductibles.

If you have some driving violations or you caused an accident, you could be paying $1,600 to $2,200 extra each year, depending on your age. Insurance for high-risk drivers can be as much as 44% to 136% more than average. View High Risk Driver Rates

More mature drivers with no driving violations and higher comprehensive and collision deductibles may pay as little as $1,200 a year for full coverage. Prices are highest for teenage drivers, since even teens with perfect driving records will be charged at least $5,000 a year. View Rates by Age

The state you live in has a huge impact on Honda HR-V insurance prices. A driver around age 40 might see prices as low as $870 a year in states like Iowa, Maine, and Idaho, or as much as $1,870 on average in New York, Louisiana, and Michigan.

View Chart as Image

Choosing high deductibles could cut prices by as much as $490 every year, whereas increasing liability limits will increase premiums. Going from a 50/100 bodily injury protection limit to a 250/500 limit will increase prices by as much as $387 extra every 12 months. View Rates by Deductible or Liability Limit

Since prices can be so different, the only way to know which car insurance is cheapest is to do a rate comparison and see which company has the best price. Each insurance company uses a different rate calculation, so rate quotes may be quite different.

How to Find the Right Honda HR-V Insurance

Getting lower rates on car insurance requires having a good driving record, having a positive credit history, eliminating unnecessary coverage, and not having any coverage lapses. Shop around every couple of years by requesting quotes from direct carriers, and also from your local independent and exclusive agents.

The next list is a quick rundown of the material that was covered in the above illustrations.

• Policyholders who want increased levels of liability coverage will pay about $470 each year to increase from a low limit to the 250/500 level
• Drivers age 20 and younger have the highest car insurance prices, with premiums as much as $418 a month if full coverage is purchased
• Higher risk drivers with reckless driving or DUI convictions may pay on average $1,540 more annually to buy Honda HR-V insurance
• Increasing physical damage deductibles can save approximately $475 each year

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.