Honda Element Insurance

Insurance Buyer's Guide to the Honda Element

(Everything you need to know — and more)

Honda Element Insurance

Honda manufactured its compact crossover SUV, the Element, from 2003 to 2011. With excellent safety ratings and a lower purchase price, the Element is loaded with features that car insurance companies like. 

Independent insurance agents can help you find the best car insurance available, but before you make the call, find out if the Element is the right vehicle for you.

What Kind of Insurance Do You Need for Your Honda Element?

Bodily injury liability: In the event of an accident, caused by you, you'll have coverage for any injuries sustained by other drivers and their passengers. Bodily injury liability will even cover lost wages for those involved in the accident. 

Property damage liability: If you cause damage to someone else's home, building, or vehicle, you are covered by property damage liability. It will repair or replace the damaged property, but it only covers third-party property, not your own.

In most states, you'll have to carry a minimum amount of liability insurance. 

Medical payments/Personal injury protection: Also known as personal injury protection, (PIP) insurance covers medical bills including doctor visits, ambulance costs, and other expenses associated with recovering from an accident. 

Uninsured motorist coverage: Uninsured and underinsured motorist coverage provides extra insurance to help pay costs associated with an accident if the at-fault driver isn't adequately insured. Even though auto insurance is mandatory in most states, many drivers still don't have it. If you're in an accident with one of these drivers, you're stuck covering the costs out of pocket. 

Optional coverage:

Collision: If you are in an accident, collision coverage will replace or fix your Honda Element. After your deductible is paid, your collision insurance will pay for any damage to your car. While collision insurance is usually a good idea, it depends on the value of your vehicle. An independent insurance agent can help you decide whether collision coverage is worth the additional premium. 

Comprehensive: There are a variety of ways your Honda can be damaged outside of a collision. Whether you hit a deer or experience vandalism, comprehensive coverage steps in. Once again, you'll pay your deductible and the insurance company will handle the rest of the repair bill up to your car's value. 

Glass Coverage: While replacing a Honda Element windshield isn't going to run you thousands of dollars, it's still an inconvenient and unexpected expense. Adding glass coverage to your Honda Element insurance for just a few dollars each month makes replacing any cracks, chips, and full glass replacements more affordable. 

Gap Insurance: Since the Honda Element stopped being produced in 2011, the car's value is not astronomical. However, if you purchase a Honda Element and you end up totaling it and owing more than the car is worth,  gap coverage can help cover the cost, so you don't have to pay off your loan or lease with out-of-pocket funds. 

What Affects the Cost of Insurance for Your Honda Element?

Annual mileage: If you drive your Honda Element more than 10,000 to 15,000 miles each year, you may pay a slightly higher car insurance premium. 

Your driving record: If you have a number of moving violations or an at-fault accident on your record, insurance companies may consider you a larger risk, resulting in a higher insurance bill. 

The value of your vehicle: The newest model of Honda Element you can buy costs between $9,175 and $10,575. But if you're willing to purchase an older model, you can be looking at a purchase price as low as $3,800. The less expensive your vehicle the less expensive your insurance premiums. 

Average Honda Element Insurance Costs

Sport utility vehicles like the Honda Element are generally 15% to 20% more expensive to insure than sedans. However, because this model is a compact crossover, the insurance costs are not as high as a typical midsize or large SUV that can cause some serious damage. 

The average 40-year-old Honda Element driver with a clean driving record pays $1,124 per year for full coverage. For liability only, costs drop to around $460. If you are a young driver or you have tickets or accidents on your driving record, your rate could be much higher. 

The Safety of Your Honda Element

The crash test data results for the Honda Element made this model a popular choice among drivers who have safety concerns. This SUV received outstanding ratings from the Insurance Institute for Highway Safety. "Good" is the highest mark a vehicle can receive in crashworthiness, and the Element was given the following ratings:

  • Moderate overlap front: Good
  • Side: Good
  • Roof Strength: Good
  • Head restraints and seats: Good

How Location Affects Your Honda Element Insurance 

If you live where traffic is heavy, your insurance rates may be higher than if you live in a rural area. Long commute times and bumper-to-bumper highways increase your likelihood of being in an accident, which could be reflected in your insurance premiums. 

Additional Factors That Affect Your Honda Element Insurance Premiums

  • Safety features like anti-theft devices
  • Age
  • Gender
  • Deductible
  • Credit

Average Cost to Insure a Honda Element

Average annual cost to insure a Honda Element with full coverage: $1,124
Teens:$4,434
High-risk drivers:$2,430
High deductibles:$1,010
Low deductibles:$1,346


A 40-year-old driver with a good driving record could pay more or less for Honda Element insurance, depending on where they live:

Rural area:Small city:Large city:
$843 per year$1,180 per year$1,517 per year

Top Independent Insurance Carriers That Insure the Honda Element

According to a recent US Independent Insurance Agent Satisfaction Study by JD Power, the following companies provide excellent service to their insurance customers: 

  1. Progressive
  2. Safeco
  3. Travelers
  4. Auto-Owners Insurance

Where to Find Car Insurance for Your Honda Element

Now that you have made the choice to purchase a Honda Element, there is only one decision left. Where should you buy insurance? Knowledgeable independent agents are always available to answer any questions you may have about insuring your compact crossover SUV. 

These agents can find you a variety of quotes from a number of insurance companies, enabling you to choose the best coverage at the most affordable rates. Talk to an agent in your area today.

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