Honda Fit Car Insurance Cost for 2022

How much does Honda Fit car insurance cost? We compared average car insurance rates for the Fit LX model up to the EX-L trim level to see how prices compared to the rest of the compact car segment.

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How much does Honda Fit insurance cost?

Honda Fit car insurance costs on average $1,186 yearly, or $99 on a monthly basis. With average insurance for the compact car segment costing $1,419 per year, the Fit is $233 cheaper.

Average monthly payments to insure a 2020 Honda Fit for full coverage range from $95 per month on the Fit LX Hatchback model to $103 per month on the EX-L Hatchback model. These rates can vary quite a bit based on factors like the age of the driver and the policy limits, as demonstrated by the next illustration.

The following chart demonstrates how Honda Fit car insurance rates vary based on the age of the rated driver and the chosen policy deductibles. The yearly policy cost range from a low of $926 per year for a 60-year-old driver with deductibles of $1,000 to the highest policy cost of $2,638 each year for a driver age 20 with a deductible of $250.

Get Rates in Your AreaWhy is this important?

Chart Data Details: Chart shows average insurance cost for a 2020 Honda Fit with safe driver and claim-free discounts applied. Rates are for full-coverage insurance and averaged for all U.S. states and all Honda Fit trim levels.Data last updated on September 8, 2022
Honda Fit Car Insurance Rates
Honda Fit Insurance Cost by Driver Age and Deductibles
Driver Age Deductible Annual Cost Monthly Cost
20$1,000$2,044$170
$500$2,334$195
$250$2,638$220
30$1,000$1,068$89
$500$1,236$103
$250$1,410$118
40$1,000$1,032$86
$500$1,186$99
$250$1,346$112
50$1,000$946$79
$500$1,082$90
$250$1,224$102
60$1,000$926$77
$500$1,060$88
$250$1,198$100

As shown in the chart above, higher deductibles can reduce the cost of car insurance, while lower deductibles increase average prices. Younger drivers tend to pay higher rates as well, but they continue to fall generally until age 60 or 65 when they begin to creep back up.

Honda Fit vs. the competition: Which insurance is cheaper?

When rates are compared to the top-selling vehicles in the small car segment, Honda Fit insurance costs $158 less per year than the Honda Civic, $28 less than the Toyota Corolla, $122 less than the Nissan Sentra, and $420 less than the Hyundai Elantra.

The Honda Fit ranks #2 out of 27 comparison vehicles in the small car segment for insurance affordability. The Fit costs an average of $1,186 per year for full coverage insurance and the class average is $1,419 annually, a difference of $233 per year.

The chart below shows how well average 2020 Honda Fit car insurance rates compare to the top 10 best-selling small cars in America. Following the chart, we included a table that displays average insurance cost for all 27 models in the small car category, plus a difference column that shows how much cheaper or more expensive each model’s insurance is than the Honda Fit.

Get Rates in Your AreaWhy is this important?

Chart Data Details: Average rates are for a 2020 model year Honda Fit, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium, which is averaged for all Honda Fit trim levels. Physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on September 8, 2022
Honda Fit Insurance Cost vs Top 10 Compact Cars
Honda Fit Insurance Cost Compared to All Small Cars
Rank Make/Model Insurance Cost Difference
1Chevrolet Spark$1,140-$46
2Honda Fit$1,186--
3Fiat 500L$1,196$10
4Toyota Corolla$1,214$28
5Volkswagen Golf$1,242$56
6Toyota Yaris$1,264$78
7Subaru Impreza$1,274$88
8Fiat 124 Spider$1,296$110
9Nissan Sentra$1,308$122
10Mazda 3$1,314$128
11Honda Civic$1,344$158
12Kia Rio$1,358$172
13Hyundai Accent$1,370$184
14Kia Forte$1,376$190
15Toyota Prius$1,452$266
16Volkswagen GTI$1,496$310
17Hyundai Veloster$1,506$320
18Volkswagen Jetta$1,512$326
19Nissan Versa$1,522$336
20Nissan Leaf$1,524$338
21Mitsubishi Mirage G4$1,536$350
22Chevrolet Sonic$1,564$378
23Honda Clarity$1,576$390
24Hyundai Elantra$1,606$420
25Hyundai Ioniq$1,634$448
26Toyota 86$1,728$542
27Toyota Mirai$1,762$576

What is the cheapest Honda Fit insurance?

With Honda Fit insurance rates ranging from $1,140 to $1,240 per year on average, the most budget-friendly model to insure is the LX Hatchback. The second cheapest trim level to insure is the Sport Hatchback at $1,168 per year. On average, expect to budget a minimum of $95 per month to insure a Honda Fit for full coverage.

The most expensive trim levels of Honda Fit to insure are the EX-L Hatchback at $1,240 and the EX Hatchback at $1,198 per year. Those trims will cost an extra $100 and $58 per year, respectively, over the cheapest LX Hatchback model.

The table below shows how insurance rates vary based on each Honda Fit trim level. Average rates are shown for annual, 6-month, and monthly policy terms.

2020 Honda Fit Insurance Cost by Trim Level
Honda Fit Trim Level Annual Policy 6-month Policy Per Month
LX Hatchback$1,140$570$95
Sport Hatchback$1,168$584$97
EX Hatchback$1,198$599$100
EX-L Hatchback$1,240$620$103

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates are for a 2020 Honda Fit, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium. Physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on September 8, 2022
Honda Fit Insurance Cost by Trim Level

Are Honda Fit insurance rates cheaper for used models?

Opting for a 2013 Honda Fit in place of a new 2020 model could potentially save $206 per year. Even choosing a used 2017 model could save $98 on a yearly basis.

The following data table shows average insurance cost for a Honda Fit for various drivers and model years. The range of annual policy costs goes from the most affordable price of $880 for a 60-year-old driver rated on a 2013 Honda Fit to the most expensive rate of $2,364 for a 20-year-old driving a 2018 model.

Honda Fit Insurance Cost for 2013-2020 Models
Model Year Driver Age 20 Age 30 Age 40 Age 50 Age 60
2020$2,334$1,236$1,186$1,082$1,060
2019$2,220$1,174$1,128$1,030$1,008
2018$2,364$1,252$1,200$1,096$1,074
2017$2,146$1,128$1,088$996$976
2016$2,082$1,096$1,058$968$948
2015$1,950$1,026$988$904$886
2014$2,552$1,338$1,282$1,170$1,148
2013$1,938$1,014$980$896$880

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Table Data Details: Average rates assume clean driving record and no at-fault accidents. Full coverage physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on September 8, 2022
Honda Fit Insurance Cost by Model Year

At some point down the road, owners have to decide whether to drop one or both physical damage coverages from the policy. As a vehicle ages, the expense associated with carrying physical damage insurance starts to surpass any benefits.

Removing comprehensive and collision coverage on an older Honda Fit could save around $508 per year, depending on the deductibles and the age of the driver.

How much is Honda Fit insurance for teens?

Average car insurance rates for teenagers on a 2020 Fit are quite expensive. Prices range from a low of $2,980 for a 19-year-old female driver to a high of $4,388 for a 16-year-old male driver when insured on a policy with full coverage.

U.S. News and World Report ranked the Honda Fit as the best new car for teens under $20,000, but how much damage does insuring a teenager on a Honda Fit do to your family budget? The table below shows average car insurance rates for male and female drivers aged 16 to 19 when insured on a Honda Fit with full coverage.

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Chart Data Details: Teenage driver rates are for a 2020 model year Honda Fit with $500 physical damage deductibles. Rates are averaged across all U.S. states and all Honda Fit trim levels.Data last updated on September 8, 2022
Honda Fit Insurance Rates for Teenagers
Honda Fit Insurance Cost for Teenage Drivers
Teen Driver Gender Age 16 Age 17 Age 18 Age 19
Male$4,388$4,042$3,752$3,358
Female$3,868$3,620$3,250$2,980

If saving money when insuring your teen is a priority, then you may want to consider buying an older model year and not insuring for physical damage coverage. Liability insurance is still pricey on any vehicle driven by an inexperienced teen driver, but not paying for comprehensive and collision coverage will knock a good chunk off your insurance bill.