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.

Average auto insurance rates for a Honda Odyssey are $1,318 annually with full coverage. Comprehensive insurance costs an estimated $256, collision costs $506, and liability is $398. Buying just liability costs around $460 a year, with insurance for high-risk drivers costing $2,868 or more. Teenage drivers receive the highest rates at $5,002 a year or more.

Average premium for full coverage: $1,318

Rate estimates broken down by individual coverage type:

These estimates include $500 deductibles, split liability limits of 30/60, and includes additional medical/uninsured motorist coverage. Rates are averaged for all U.S. states and for all Odyssey models.

Price Range by Coverage and Risk

Price Range by Location

Choosing to live in a large city can have significant affects on car insurance rates. More rural locations tend to have fewer collision claims than densely populated cities.

The example below illustrates how geographic area affects insurance prices.

These examples demonstrate why everyone should compare rates quotes for a targeted area and their own personal driving habits, instead of using average rates.

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

Additional Rate Analysis

The chart below details estimated Honda Odyssey insurance rates for other coverage scenarios.

• The best discount rate is $757
• Raising to $1,000 deductibles will save approximately $170 annually
• The estimated rate for a 40-year-old driver who has $500 deductibles is $1,318
• Using pricier low deductibles costs an additional $340 every year
• At-risk drivers who are prone to accidents and violations could pay up to $2,868 or more
• The cost with full coverage for a teen driver for full coverage can cost as much as $5,002

View Chart as Image

Auto insurance rates for a Honda Odyssey can also vary considerably based on the trim level of your Odyssey, your driving record, and liability limits and deductibles.

A more mature driver with a good driving record and high physical damage deductibles may pay as little as $1,200 every 12 months on average for full coverage. Rates are much higher for teen drivers, where even without any violations or accidents they will have to pay at least $5,000 a year. View Rates by Age

If you like to drive fast or you caused a few accidents, you may be forking out $1,600 to $2,200 in extra premium per year, depending on your age. Honda Odyssey insurance for high-risk drivers is expensive and can cost as much as 44% to 135% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles can reduce rates by up to $510 every year, whereas buying more liability protection will increase premiums. Moving from a 50/100 bodily injury limit to a 250/500 limit will cost as much as $358 extra every year. View Rates by Deductible or Liability Limit

Where you live also has a big influence on Honda Odyssey insurance prices. A middle-age driver might find rates as low as $950 a year in states like Utah, Ohio, and New Hampshire, or be forced to pay as much as $1,780 on average in New York, Michigan, and Florida.

View Chart as Image

With so much variability in rates, the best way to find out which company is cheapest is to regularly compare rates and see which company has the best rate. Every auto insurance company uses a different method to calculate rates, and quoted rates can be significantly different between companies.

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 Buy Cheap Honda Odyssey Insurance

Saving money on car insurance consists of not taking risks behind the wheel, having above-average credit, eliminating unnecessary coverage, and qualifying for all possible discounts. Invest the time to compare rates at least once a year by getting rate quotes from direct companies like Progressive and GEICO, and also from several local insurance agents.

The following is a brief summary of the primary concepts that were presented in the illustrations above.

• You may be able to save approximately $160 per year simply by quoting online well ahead of the renewal date
• Higher risk drivers that tend to have accidents or serious violations pay on average $1,550 more annually for Odyssey insurance
• Increasing deductibles could save up to $500 each year
• Teens are the costliest to insure, with premiums as much as $417 per 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