Honda is known for making affordable, reliable vehicles that stay on the road for a long time. In the car insurance industry, they are also known for having some of the cheapest insurance rates of all manufacturers.
There are really two facets of car insurance that determine the bulk of what you pay. The first is occupant safety in an accident. The second is the cost of repair to the actual vehicle itself.
Safe cars have cheaper insurance rates because of lesser frequency and severity of medical and liability insurance claims. Honda is well known for having some of the safest vehicles on the road, both from an occupant safety standpoint and also an accident prevention standpoint.
When considering the cost of vehicle repairs, Honda is also known for making vehicles that are easy to repair and have readily-available replacement parts. This helps drive down the cost of car insurance by making physical damage repairs easier and cheaper.
How much does Honda insurance cost?
Honda car insurance rates range from $1,404 a year for a Honda Passport up to $1,832 per year for the Honda Accord. Average monthly car insurance cost ranges from $117 to $153 for full coverage.
The average Honda insurance rate is $1,656 per year, which is 4.3% less than the national average car insurance cost of $1,728.
Models that are near the middle of the pack are the Honda Odyssey, Honda Pilot, and Honda Civic. Annual insurance cost for those three models is $1,654, $1,742, and $1,772, respectively.
The following table shows the average insurance cost for each Honda model going back to the 2013 model year. The Honda CR-Z, Fit, Insight, and Clarity are no longer in production, with the CR-Z discontinued for the 2016 model year, the Fit in 2020, and the Insight and Clarity in 2022.
| Model | Annual Cost | Monthly Cost |
|---|---|---|
| Honda Accord | $1,832 | $153 |
| Honda Civic | $1,772 | $148 |
| Honda Clarity 2022 and prior model years | $1,874 | $156 |
| Honda CR-V | $1,534 | $128 |
| Honda CR-Z 2016 and prior model years | $1,340 | $112 |
| Honda Fit 2020 and prior model years | $1,342 | $112 |
| Honda HR-V | $1,508 | $126 |
| Honda Insight 2022 and prior model years | $1,654 | $138 |
| Honda Odyssey | $1,654 | $138 |
| Honda Passport | $1,404 | $117 |
| Honda Pilot | $1,742 | $145 |
| Honda Ridgeline | $1,798 | $150 |
Is Honda car insurance expensive?
With an average insurance cost of $1,656 per year for all models, Honda car insurance rates compare very favorably to other brands. When compared to Toyota, it’s primary competitor, Honda insurance rates are $174 cheaper per year on average.
When compared to Nissan, Hyundai, and Kia, average Honda insurance rates are 6.9% cheaper per year than Nissan, 6.5% cheaper than Hyundai, and 6% cheaper than Kia.
The chart below visualizes the comparison between Honda insurance cost and its top competitors. Honda rates are represented by the orange bar on the left and the competition bars follow in blue.
The above chart compares Honda to other Japanese and Korean auto manufacturers. The table below includes many more brands, including American and luxury nameplates.
Average Honda car insurance cost is shown in the first row of the table. The difference column shows how much cheaper or more expensive each brand is when compared to Honda.
If the difference value is red, this indicates that insurance cost for the comparison brand is more expensive than Honda. If the value is green, insurance cost for the comparison brand is cheaper than Honda’s average rate.
| Automotive Brand | Insurance Cost | Difference |
|---|---|---|
| Honda | $1,656 | -- |
| Acura | $2,031 | $375 |
| Audi | $2,334 | $678 |
| BMW | $2,432 | $776 |
| Cadillac | $1,910 | $254 |
| Chevrolet | $1,798 | $142 |
| Dodge | $2,333 | $677 |
| Ford | $1,826 | $170 |
| Genesis | $2,102 | $446 |
| GMC | $1,880 | $224 |
| Hyundai | $1,768 | $112 |
| Infiniti | $2,183 | $527 |
| Jaguar | $2,171 | $515 |
| Jeep | $1,965 | $309 |
| Kia | $1,759 | $103 |
| Land Rover | $2,201 | $545 |
| Lexus | $2,066 | $410 |
| Lincoln | $1,976 | $320 |
| Mazda | $1,638 | -$18 |
| Mercedes-Benz | $2,480 | $824 |
| Mitsubishi | $1,834 | $178 |
| Nissan | $1,775 | $119 |
| Subaru | $1,661 | $5 |
| Tesla | $2,224 | $568 |
| Toyota | $1,830 | $174 |
| Volkswagen | $1,689 | $33 |
| Volvo | $1,928 | $272 |
From the looks of the difference column in the table above, Hondas have great car insurance rates. For 2023 models, only Mazda has cheaper average car insurance rates than Honda.
What is the cheapest car insurance for a Honda?
For 2023 models, the cheapest car insurance is on the Honda Passport, which is a midsize SUV costing $1,404 per year to insure, or around $117 per month. The Honda HR-V ranks second at $1,508 per year.
The Honda CR-V, Honda Odyssey, and Honda Pilot make up the rest of the top five cheapest Hondas to insure. Annual and monthly car insurance rates for the Hondas with the most affordable auto insurance rates are shown below.
Top five cheapest 2023 Honda vehicles to insure
- Honda Passport – (midsize SUV) Average annual insurance rate of $1,404 ($117 per month)
- Honda HR-V – (small SUV) Average annual insurance rate of $1,508 ($126 per month)
- Honda CR-V – (small SUV) Average annual insurance rate of $1,534 ($128 per month)
- Honda Odyssey – (midsize minivan) Average annual insurance rate of $1,654 ($138 per month)
- Honda Pilot – (midsize SUV) Average annual insurance rate of $1,742 ($145 per month)
Where can I find cheap Honda insurance?
Due to how affordable it is compared to other car brands, you can pretty much find cheap Honda car insurance with any company. Without knowing your budget limits, our best recommendation for finding the cheapest rate is to get several free Honda car insurance quotes.
There are some tips we can give you in order to help you find the cheapest Honda insurance, however. The four tips below give some good advice on the best way to compare rates.
Tip #1 – this is a big one!
The most important tip we give readers on how to compare car insurance rates is to make sure you are using the same policy limits and deductibles on each quote.
If you use one set of limits for one company and an entirely different set of limits for another, there is no way you can make a fair comparison and determine which rate is cheapest.
So make sure your liability limits are the same (or as close to the same as possible), and also make sure your comprehensive and collision deductibles are identical between quotes.
Deductibles make a huge difference in car insurance rates, so get them as close as possible on each quote. Some companies round to the hundred dollar value ($100, $200, $500) and others may use fifty dollar increments ($100, $250, $500), so just get as close as you can for each one.
Tip #2
Car insurance companies sell a lot of extra coverages like rental reimbursement, towing, roadside assistance and things like that. They may only cost a few dollars every six months, but make sure you keep those add-on coverages similar between quotes.
If you are quoting a new policy, it’s best just to leave all the extra coverages off for now so you can compare a base rate to determine which company is cheapest.
Tip #3
If you already have a policy in force, just go off of that when inputting numbers for comparison quotes. Use identical values that are shown on your declarations page for each quote and it will be way easier to compare in the end.
Tip #4
Comparing car insurance quotes can be difficult, or it can be quite easy. We try to make it easy for our readers to compare Honda car insurance rates by showing the best companies in your area based on simple inputs that you can adjust. Follow our link for free Honda insurance quotes and get started on your first comparison!
