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 $1,508 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 $1,454 per year, or $121 per month. The model with the most expensive insurance is the EX-L AWD at $1,554 per year, or around $130 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 $1,508 a year, or $126 if paid each month. On average, expect to pay approximately $141 less per year for Honda HR-V insurance when compared to the average rate for all small SUVs, and $220 less per year than the $1,728 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 August 12, 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$2,592$216
$500$2,952$246
$250$3,326$277
30$1,000$1,354$113
$500$1,562$130
$250$1,776$148
40$1,000$1,316$110
$500$1,508$126
$250$1,702$142
50$1,000$1,202$100
$500$1,374$115
$250$1,550$129
60$1,000$1,176$98
$500$1,344$112
$250$1,516$126

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 $1,454 per year, or about $121 per month.

The $29,400 EX-L AWD trim is the most expensive to insure, costing an average of $100 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$1,454$727$121
LX AWD$1,484$742$124
Sport$1,496$748$125
Sport AWD$1,520$760$127
EX-L$1,530$765$128
EX-L AWD$1,554$777$130

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 August 11, 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 $1,508 per year to insure and the segment average cost is $1,649 annually, so the HR-V costs $141 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 $168 less per year than the Toyota RAV4, $26 less than the Honda CR-V, $122 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$1,370-$138
2Subaru Crosstrek$1,380-$128
3Nissan Kicks$1,386-$122
4Nissan Rogue Sport$1,412-$96
5Mazda CX-5$1,422-$86
6Buick Encore$1,442-$66
7Buick Envision$1,446-$62
8Kia Seltos$1,466-$42
9Hyundai Venue$1,478-$30
10Honda HR-V$1,508--
11Hyundai Kona$1,518$10
12Subaru Forester$1,526$18
13Honda CR-V$1,534$26
14Mazda CX-30$1,538$30
15Chevrolet Trax$1,558$50
16Volkswagen Tiguan$1,572$64
17Ford Bronco Sport$1,576$68
18Fiat 500X$1,606$98
19GMC Terrain$1,608$100
20Kia Soul$1,614$106
21Mitsubishi Eclipse Cross$1,616$108
22Chevrolet Equinox$1,630$122
23Toyota Corolla Cross$1,634$126
24Volkswagen Taos$1,640$132
25Mazda CX-50$1,652$144
26Hyundai Tucson$1,656$148
27Ford Escape$1,660$152
28Nissan Rogue$1,666$158
29Toyota RAV4$1,676$168
30Mazda MX-30$1,680$172
31Kia Niro$1,682$174
32Mini Cooper$1,690$182
33Jeep Compass$1,700$192
34Mini Cooper Clubman$1,720$212
35Jeep Renegade$1,746$238
36Chevrolet Bolt$1,756$248
37Toyota bz4X$1,758$250
38Kia Sportage$1,810$302
39Hyundai Ioniq 5$1,814$306
40Mini Cooper Countryman$1,860$352
41Mitsubishi Mirage$1,868$360
42Mitsubishi Outlander$1,872$364
43Volkswagen ID4$1,880$372
44Kia EV6$1,920$412
45Dodge Hornet$1,922$414
46Hyundai Nexo$1,990$482
47Ford Mustang Mach-E$2,048$540

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 August 12, 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 $278 each year. Even an almost new 2019 model could save you $156 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 $1,100 for a 60-year-old driver rated on a 2016 Honda HR-V to the most expensive rate of $2,952 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$2,952$1,508$1,344
2022 Honda HR-V$3,014$1,534$1,368
2021 Honda HR-V$2,862$1,456$1,298
2020 Honda HR-V$2,832$1,438$1,282
2019 Honda HR-V$2,658$1,352$1,204
2018 Honda HR-V$2,554$1,296$1,156
2017 Honda HR-V$2,462$1,252$1,116
2016 Honda HR-V$2,434$1,230$1,100

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 August 11, 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 $628 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 $1,068 a year in Charlotte, NC, or $950 in Raleigh, NC, to expensive rates such as $2,138 a year in Miami, FL, and $2,318 in Las Vegas, NV.

Some additional insurance cost examples include Louisville, KY, at $2,222 per year, Chicago, IL, averaging $1,560, Minneapolis, MN, at $1,516, and Houston, TX, at an estimated $1,530.

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 August 12, 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$2,616$218
Philadelphia, PA$2,326$194
Las Vegas, NV$2,318$193
Los Angeles, CA$2,312$193
San Francisco, CA$2,008$167
Kansas City, MO$1,792$149
Oklahoma City, OK$1,792$149
Denver, CO$1,756$146
Memphis, TN$1,756$146
Atlanta, GA$1,732$144
San Jose, CA$1,686$141
Phoenix, AZ$1,640$137
Portland, OR$1,622$135
San Diego, CA$1,612$134
Boston, MA$1,606$134
Jacksonville, FL$1,600$133
Chicago, IL$1,560$130
Dallas, TX$1,534$128
Houston, TX$1,530$128
Seattle, WA$1,524$127
Nashville, TN$1,466$122
Milwaukee, WI$1,458$122
Albuquerque, NM$1,434$120
San Antonio, TX$1,390$116
Omaha, NE$1,350$113
Fort Worth, TX$1,344$112
Austin, TX$1,328$111
Indianapolis, IN$1,212$101
Columbus, OH$1,120$93
Charlotte, NC$1,068$89

At the state level, states like Maine ($914) and Virginia ($1,006) tend to have cheaper HR-V insurance rates, while states like Louisiana ($1,772), Michigan ($2,024), and Florida ($1,850) 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$1,350$675$113
Alaska$1,142$571$95
Arizona$1,374$687$115
Arkansas$1,566$783$131
California$1,804$902$150
Colorado$1,606$803$134
Connecticut$1,666$833$139
Delaware$1,702$851$142
Florida$1,850$925$154
Georgia$1,530$765$128
Hawaii$1,032$516$86
Idaho$1,078$539$90
Illinois$1,318$659$110
Indiana$1,126$563$94
Iowa$1,012$506$84
Kansas$1,476$738$123
Kentucky$1,602$801$134
Louisiana$1,772$886$148
Maine$914$457$76
Maryland$1,394$697$116
Massachusetts$1,632$816$136
Michigan$2,024$1,012$169
Minnesota$1,290$645$108
Mississippi$1,460$730$122
Missouri$1,688$844$141
Montana$1,376$688$115
Nebraska$1,258$629$105
Nevada$1,786$893$149
New Hampshire$1,014$507$85
New Jersey$1,808$904$151
New Mexico$1,238$619$103
New York$1,730$865$144
North Carolina$946$473$79
North Dakota$1,246$623$104
Ohio$1,054$527$88
Oklahoma$1,650$825$138
Oregon$1,402$701$117
Pennsylvania$1,440$720$120
Rhode Island$1,848$924$154
South Carolina$1,260$630$105
South Dakota$1,538$769$128
Tennessee$1,426$713$119
Texas$1,394$697$116
Utah$1,318$659$110
Vermont$1,096$548$91
Virginia$1,006$503$84
Washington$1,356$678$113
West Virginia$1,338$669$112
Wisconsin$1,080$540$90
Wyoming$1,334$667$111

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 August 12, 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 $192 per year for a 40-year-old driver and $360 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 $374 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 $1,750 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 $390 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 ($1,508 per year) and a 20-year-old driver ($2,952 per year) is $1,444, or a savings of 64.8%.
  • Fewer accidents mean cheaper Honda HR-V insurance. Having multiple accidents could cost you more, possibly by an extra $678 per year for a 30-year-old driver and even as much as $490 per year for a 50-year-old driver.