There are a lot of factors that go into calculating your Honda HRV car insurance rates. You want a great price, but you also need a policy that's personalized to meet the requirements in your state. Depending on your budget and driving habits, certain insurance companies may be a better fit than others. An independent insurance agent can help you get multiple quotes and recommend the types of coverage that will meet your needs.
Not sure where to find an independent insurance agent in your area?
Click on this find-an-agent tool to get matched with a local independent insurance agent who will walk you through your options and help you find the best possible coverage for your Honda HR-V.
What Kind of Insurance Do You Need for Your Honda HR-V?
Bodily Injury Liability
If you cause harm to someone else while driving your Honda HR-V, your bodily injury liability policy covers the bills for their medical care. This is required coverage, and your agent can explain how to choose the right amount.
Property Damage Liability
Property damage liability insurance covers repairs to someone else's property if you cause damage while driving your HR-V. It's mandatory in many states, but it's also smart to understand the minimum amounts and talk with your agent about whether to purchase additional coverage.
Medical Payments/Personal Injury Protection
Medical payments insurance and personal injury protection policies may be optional or required, depending on your state's laws. This coverage helps you pay bills for medical needs related to an accident.
Uninsured Motorist Coverage
Uninsured and underinsured motorist coverage helps protect you financially if you are in an accident with someone who doesn't have enough car insurance. Without this coverage, you may be responsible for your medical bills and fixing your car even if you aren't at fault.
Collision insurance coverage will repair or replace your vehicle after a covered accident with another car, or if you hit an object. You'll pay your deductible, then the insurance will pay for damage up to your policy's limits.
Comprehensive insurance handles claims due to damage caused by something other than a collision. So if you hit an animal in the road, your car is stolen, or it's damaged by a falling tree, your comprehensive policy kicks in after you pay your deductible.
A zero-deductible glass coverage policy pays for repairs to your auto glass without you having to pay for them out of pocket. This type of insurance usually costs just a few dollars each month.
If you are upside down on your loan, or you owe more than your Honda HR-V is worth, gap insurance may be a good addition to your auto insurance. This coverage takes care of the difference between an insurance company's settlement and the total amount you owe if you are in an accident that totals your HR-V.
What Affects the Cost of Insurance for Your Honda HR-V?
- Annual mileage: If you drive more than 10,000 to 15,000 miles each year, you may see slightly higher premiums.
- Your driving record: High-risk HR-V drivers may pay 44% to 132% more than average insurance rates.
- The value of your vehicle: Insurance companies use your car's MSRP to help figure out your insurance rates. So a new HR-V costs a bit more to insure than a model that's a few years old.
|Average Annual Honda HR-V Insurance Rates by Model Year:|
|2020 Honda HR-V:||$1,356|
|2015 Honda HR-V:||$1,332|
|2010 Honda HR-V:||$1,312|
Average Honda HR-V Insurance Costs
On average, a 40-year-old Honda HR-V driver pays $1,356 annually for full coverage auto insurance. A liability-only policy costs an average of $438 per year. Comprehensive coverage adds $294 per year to the price. Collision insurance is an extra $532 per year.
The Safety of Your Honda HR-V
You may be able to get policy discounts if you drive a car that has great safety ratings. The Honda HR-V got a "good" rating from the IIHS, which is the highest possible rating.
How Location Affects Your Honda HR-V Insurance
Insurance companies use your location to help calculate your car insurance premiums. So while it's useful to understand the average rates, it's crucial to get personalized quotes from multiple companies.
Here's how average Honda HR-V full coverage insurance rates for a 40-year-old driver with a good driving record and a $500 deductible vary from one place to the next:
|Rural Areas||Small Cities||Large Cities|
Additional Factors That Affect Your Honda HR-V Insurance Premiums
- Safety features like anti-theft devices
Average Cost to Insure a Honda HR-V
|Average annual cost to insure a Honda HR-V with full coverage:||$1,356|
|Top 3 most expensive states for Honda HR-V insurance:|
|Idaho, Maine, and Iowa||$900|
|Top 3 most affordable states for Honda HR-V insurance:|
|Michigan, Louisiana, and New York||$1,940|
Top Independent Insurance Carriers That Insure the Honda HR-V
According to a recent U.S. Independent Insurance Agent Satisfaction Study by J.D. Power, the following companies provide excellent service to their insurance customers:
- Auto-Owners Insurance
Get a Honda HR-V Quote
Your independent insurance agent can help make the process of shopping for Honda HR-V insurance less stressful. Use the TrustedChoice.com find-an-agent tool to locate an agent in your area. Get in touch right away and start saving money on car insurance.
TrustedChoice.com Article | Reviewed by Greg Safford
©2020, Consumer Agent Portal, LLC. All rights reserved.
IIHS, Consumer Reports, Quote Inspector, iii.org, JD Power, Car and Driver