Honda HR-V Car Insurance Rates for 2023

How much does car insurance cost for a Honda HR-V?

From the LX trim to the top tier EX-L AWD trim, we compared insurance rates on the HR-V to look at how insurance prices compare to the rest of the compact SUV segment.

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  • Honda HR-V insurance costs $1,464 per year for a full coverage policy, depending on the trim level.
  • The HR-V LX trim level is the cheapest to insure at around $1,414 per year, or $118 per month. The model with the most expensive insurance is the EX-L AWD at $1,510 per year, or around $126 per month.
  • The Honda HR-V ranks 10th out of 47 vehicles in the 2023 compact SUV class for overall car insurance affordability.

How much does Honda HR-V insurance cost?

Honda HR-V insurance rates average $1,464 a year, or $122 if paid each month. On average, expect to pay approximately $142 less per year for Honda HR-V insurance when compared to the average rate for all small SUVs, and $221 less per year than the $1,685 national average for all vehicles.

The following chart demonstrates how the average cost of Honda HR-V insurance changes based on the age of the driver and different policy deductibles.

Get Rates in Your AreaWhy is this important?

Chart Data Details: Chart shows average insurance cost for a 2023 Honda HR-V with safe driver and claim-free discounts applied. Rates are for full-coverage insurance and averaged for all U.S. states and all Honda HR-V trim levels.Data last updated on March 2, 2023
Honda HR-V Car Insurance Cost Summary
2023 Honda HR-V Insurance Cost by Driver Age and Deductibles
Driver Age Deductible Annual Cost Monthly Cost
20$1,000$2,524$210
$500$2,874$240
$250$3,238$270
30$1,000$1,320$110
$500$1,522$127
$250$1,730$144
40$1,000$1,280$107
$500$1,464$122
$250$1,658$138
50$1,000$1,170$98
$500$1,338$112
$250$1,510$126
60$1,000$1,144$95
$500$1,308$109
$250$1,476$123

Which HR-V trim level is the cheapest to insure?

The HR-V with the cheapest insurance rates is the base LX trim (MSRP of $23,800) costing an average of $1,414 per year, or about $118 per month.

The $29,400 EX-L AWD trim is the most expensive to insure, costing an average of $96 more per year than the cheapest model.

The rate table below details average yearly and semi-annual policy costs, in addition to a monthly amount, for each Honda HR-V trim level.

2023 Honda HR-V Insurance Cost by Trim Level
Honda HR-V Trim Level Annual Policy Six-Month Policy Per Month
LX$1,414$707$118
LX AWD$1,444$722$120
Sport$1,454$727$121
Sport AWD$1,478$739$123
EX-L$1,488$744$124
EX-L AWD$1,510$755$126

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates are for a 2023 Honda HR-V, 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 March 2, 2023
Honda HR-V Insurance Cost by Trim Level

Is Honda HR-V insurance cheap?

The Honda HR-V ranks 10th out of 47 total vehicles in the small SUV class. The HR-V costs an average of $1,464 per year to insure and the segment average cost is $1,606 annually, so the HR-V costs $142 less per year for insurance than the average small SUV.

When compared to the best-selling models in the small SUV category, insurance for a Honda HR-V costs $170 less per year than the Toyota RAV4, $32 less than the Honda CR-V, $124 less than the Chevrolet Equinox, and $158 less than the Nissan Rogue.

The table below shows how Honda HRV insurance cost compares to all 47 models in the 2023 compact SUV segment.

Insurance Cost Comparison: Honda HR-V vs Small SUVs
Rank Make/Model Insurance Cost Difference
1Chevrolet Trailblazer$1,334-$130
2Subaru Crosstrek$1,346-$118
3Nissan Kicks$1,354-$110
4Nissan Rogue Sport$1,378-$86
5Mazda CX-5$1,386-$78
6Buick Encore$1,406-$58
7Buick Envision$1,410-$54
8Kia Seltos$1,430-$34
9Hyundai Venue$1,440-$24
10Honda HR-V$1,464--
11Hyundai Kona$1,480$16
12Subaru Forester$1,486$22
13Honda CR-V$1,496$32
14Mazda CX-30$1,498$34
15Chevrolet Trax$1,514$50
16Volkswagen Tiguan$1,532$68
17Ford Bronco Sport$1,536$72
18Fiat 500X$1,564$100
19GMC Terrain$1,566$102
20Kia Soul$1,568$104
21Mitsubishi Eclipse Cross$1,572$108
22Chevrolet Equinox$1,588$124
23Toyota Corolla Cross$1,592$128
24Volkswagen Taos$1,600$136
25Mazda CX-50$1,610$146
26Hyundai Tucson$1,614$150
27Ford Escape$1,616$152
28Nissan Rogue$1,622$158
29Toyota RAV4$1,634$170
30Mazda MX-30$1,636$172
31Kia Niro$1,638$174
32Mini Cooper$1,648$184
33Jeep Compass$1,652$188
34Mini Cooper Clubman$1,674$210
35Jeep Renegade$1,698$234
36Chevrolet Bolt$1,710$246
37Toyota bz4X$1,716$252
38Kia Sportage$1,760$296
39Hyundai Ioniq 5$1,764$300
40Mini Cooper Countryman$1,812$348
41Mitsubishi Mirage$1,818$354
42Mitsubishi Outlander$1,820$356
43Volkswagen ID4$1,832$368
44Kia EV6$1,870$406
45Dodge Hornet$1,872$408
46Hyundai Nexo$1,938$474
47Ford Mustang Mach-E$1,996$532

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates are based on the 2023 model year, with the rated driver being a 40-year-old married male with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to rates, which are averaged for all vehicle trim levels. Full-coverage physical damage deductibles are $500 and rates are also averaged for all U.S. states.Data last updated on March 2, 2023
Insurance Cost Comparison: Honda HR-V vs Small SUVs

Will an older model cost less to insure?

Opting for a 2016 HR-V in place of a more expensive 2023 model year will save around $268 each year. Even an almost new 2019 model could save you $148 annually.

The data table below illustrates the average estimated insurance rate data for a Honda HR-V for different drivers and HR-V model years. Average policy cost ranges from the cheapest cost of $1,070 for a 60-year-old driver rated on a 2016 Honda HR-V to the most expensive rate of $2,874 for a 20-year-old with a 2023 model.

Honda HR-V Insurance Cost by Model Year
Model Year and Vehicle Driver Age 20 Driver Age 40 Driver Age 60
2023 Honda HR-V$2,874$1,464$1,308
2022 Honda HR-V$2,936$1,492$1,332
2021 Honda HR-V$2,788$1,418$1,266
2020 Honda HR-V$2,758$1,400$1,250
2019 Honda HR-V$2,588$1,316$1,174
2018 Honda HR-V$2,486$1,262$1,126
2017 Honda HR-V$2,398$1,216$1,088
2016 Honda HR-V$2,370$1,196$1,070

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates for each driver age group are for a 12-month period and assume a 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 March 2, 2023
Honda HR-V Insurance Cost by Model Year

Eventually, as the vehicle ages, it makes financial sense to drop comprehensive and/or collision coverage from the policy. As a Honda HR-V drops in value over time, the sticker price of physical damage insurance starts to outweigh any benefits.

Removing full coverage on an older Honda HR-V could save around $612 a year, depending on where the physical damage deductibles were set and the driver age. Since the initial year for the HR-V is the 2016 model, there is probably not enough depreciation even on the oldest model year to justify removing full coverage.

Average insurance rates by location

Depending on the city you live in, insurance cost for a Honda HR-V can vary from cheaper rates like $1,036 a year in Charlotte, NC, or $920 in Raleigh, NC, to expensive rates such as $2,114 a year in Miami, FL, and $2,288 in Las Vegas, NV.

Some additional insurance cost examples include Louisville, KY, at $2,190 per year, Chicago, IL, averaging $1,530, Minneapolis, MN, at $1,482, and Houston, TX, at an estimated $1,498.

The following chart ranks average insurance rate data for a 2023 Honda HR-V in the larger cities in the U.S.

Get Rates in Your AreaWhy is this important?

Chart Data Details: Chart shows average car insurance rates for a 2023 Honda HR-V, 40-year-old married male driver with safe driver and claim-free discounts applied. Physical damage deductibles are $500 and rates are the average for all Honda HR-V trim levels.Data last updated on March 2, 2023
Honda HR-V Insurance Rates in Large U.S. Cities
Honda HR-V Insurance Rates by Location
City/State Annual Rate Monthly Rate
New York, NY$2,584$215
Philadelphia, PA$2,294$191
Las Vegas, NV$2,288$191
Los Angeles, CA$2,280$190
San Francisco, CA$1,976$165
Kansas City, MO$1,758$147
Oklahoma City, OK$1,758$147
Denver, CO$1,724$144
Memphis, TN$1,724$144
Atlanta, GA$1,702$142
San Jose, CA$1,652$138
Phoenix, AZ$1,608$134
Portland, OR$1,590$133
San Diego, CA$1,580$132
Jacksonville, FL$1,572$131
Boston, MA$1,572$131
Chicago, IL$1,530$128
Dallas, TX$1,506$126
Houston, TX$1,498$125
Seattle, WA$1,492$124
Nashville, TN$1,436$120
Milwaukee, WI$1,426$119
Albuquerque, NM$1,402$117
San Antonio, TX$1,356$113
Omaha, NE$1,318$110
Fort Worth, TX$1,312$109
Austin, TX$1,296$108
Indianapolis, IN$1,180$98
Columbus, OH$1,086$91
Charlotte, NC$1,036$86

At the state level, states like Maine ($884) and Virginia ($974) tend to have cheaper HR-V insurance rates, while states like Louisiana ($1,746), Michigan ($2,006), and Florida ($1,826) tend to be on the expensive side.

The next table shows average rates in all fifty U.S. states for a 2023 Honda HR-V.

Honda HR-V Average Insurance Cost by State for 2023
U.S. State Annual Cost Six-month Cost Monthly Cost
Alabama$1,318$659$110
Alaska$1,110$555$93
Arizona$1,344$672$112
Arkansas$1,534$767$128
California$1,774$887$148
Colorado$1,572$786$131
Connecticut$1,634$817$136
Delaware$1,668$834$139
Florida$1,826$913$152
Georgia$1,498$749$125
Hawaii$998$499$83
Idaho$1,046$523$87
Illinois$1,284$642$107
Indiana$1,094$547$91
Iowa$978$489$82
Kansas$1,444$722$120
Kentucky$1,570$785$131
Louisiana$1,746$873$146
Maine$884$442$74
Maryland$1,362$681$114
Massachusetts$1,600$800$133
Michigan$2,006$1,003$167
Minnesota$1,260$630$105
Mississippi$1,430$715$119
Missouri$1,654$827$138
Montana$1,346$673$112
Nebraska$1,226$613$102
Nevada$1,754$877$146
New Hampshire$980$490$82
New Jersey$1,776$888$148
New Mexico$1,206$603$101
New York$1,698$849$142
North Carolina$916$458$76
North Dakota$1,216$608$101
Ohio$1,022$511$85
Oklahoma$1,618$809$135
Oregon$1,368$684$114
Pennsylvania$1,408$704$117
Rhode Island$1,816$908$151
South Carolina$1,228$614$102
South Dakota$1,508$754$126
Tennessee$1,394$697$116
Texas$1,360$680$113
Utah$1,284$642$107
Vermont$1,068$534$89
Virginia$974$487$81
Washington$1,324$662$110
West Virginia$1,306$653$109
Wisconsin$1,048$524$87
Wyoming$1,302$651$109

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates are for a 2023 Honda HR-V, 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 HR-V trim levels. Physical damage deductibles are $500 and rates are averaged for all Zip Codes in each state.Data last updated on March 2, 2023
Honda HR-V insurance rates by U.S. state

Additional rates and information

Other important observations concerning the cost of insurance for an HR-V include:

  • Higher physical damage deductibles lower policy costs. Increasing your deductibles from $500 to $1,000 could save around $184 per year for a 40-year-old driver and $350 per year for a 20-year-old driver.
  • Low deductibles make insurance more expensive. Dropping your deductibles from $500 to $250 could cost an additional $194 per year for a 40-year-old driver and $364 per year for a 20-year-old driver.
  • High-risk drivers pay much more for HR-V insurance. For a 50-year-old driver, being required to buy a high-risk insurance policy increases the cost by $1,702 or more per year.
  • Get cheaper insurance rates by avoiding traffic tickets. If you want to get the cheapest price for HR-V insurance rates, it can pay off to be a safe driver. Just a few minor moving violations could increase the price of a policy by as much as $386 per year.
  • As you get older, rates tend to be cheaper. The difference in insurance rates for a HR-V between a 40-year-old driver ($1,464 per year) and a 20-year-old driver ($2,874 per year) is $1,410, or a savings of 65%.
  • Fewer accidents mean cheaper Honda HR-V insurance. Having multiple accidents could cost you more, possibly by an extra $668 per year for a 30-year-old driver and even as much as $480 per year for a 50-year-old driver.