Key Takeaways
The HR-V model is a subcompact crossover SUV that is produced and marketed by Honda. Over its three generations, HR-V has had a consistent fan base among car lovers due to its spacious interior, comfortable ride, and strong reliability. But how about the cost of insuring your Honda HR-V? Insurance rates may differ based on the model year and trim level you choose. So, it is always best to compare different insurance providers so that your selection does not lead to coverage gaps or financial loss. Read further to know more about the Honda HR-V car insurance cost.
The average insurance cost of a Honda HR-V is around $1,356 per year. Shopping around and comparing quotes can help you find the right insurance provider that can meet your insurance needs, along with offering affordable rates. The Way app can help you with the process by letting you compare multiple providers in minutes.
Honda HR-V car insurance cost falls in the middle range or is slightly less than average within the subcompact crossover SUV segment. Its insurance rates are moderately affordable compared to those of its competitors. HR-V's cheaper cost profile is mainly due to its strong safety ratings, lower repair costs, and high reliability.
| Subcompact Crossover SUVs | Average Annual Premium |
|---|---|
| Subaru Crosstrek | $1,344 |
| Honda HR-V | $1,356 |
| Chevrolet Trax | $1,368 |
| Jeep Renegade | $1,404 |
| Mitsubishi Outlander Sport | $1,536 |
Insurance companies normally consider several factors when determining your Honda HR-V car insurance rate. Some of the most common factors are given below.
Older Honda HR-V models usually have lower insurance costs since newer models come with advanced features and technology, which also leads to more expensive repairs and replacements. However, certain older model years cost more to insure due to rarely available parts, good maintenance history, or certain features found within a specific model year. The average yearly Honda HR-V car insurance cost for a 2020 model is $1,356.
| Year | Average Monthly Cost | Average Annual Cost |
|---|---|---|
| 2020 | $113 | $1,356 |
| 2019 | $118 | $1,421 |
| 2018 | $76 | $915 |
| 2017 | $71 | $853 |
| 2016 | $82 | $988 |
According to our research, Vermont Mutual offers the cheapest Honda HR-V car insurance rates. The average annual premium is just $914. However, the cheapest cost cannot always guarantee the best value. To get the maximum benefits, it is important to compare quotes from various providers and ensure that they have all the required features.
| Company | Average Monthly Cost | Average Annual Cost |
|---|---|---|
| Vermont Mutual | $76 | $914 |
| Nationwide | $80 | $962 |
| Erie | $81 | $973 |
| Tennessee Farmers | $82 | $983 |
| Progressive | $85 | $1,016 |
Nationwide offers the most competitive insurance rates for the 2020 Honda HR-V at just $958 per annum. Otherwise, it costs around $1,356 per year to insure a 2020 model on average.
| Company | Average Monthly Cost | Average Annual Cost |
|---|---|---|
| Nationwide | $80 | $958 |
| Vermont Mutual | $86 | $1,028 |
| Erie | $101 | $1,212 |
| USAA | $101 | $1,212 |
| Tennessee Farmers | $104 | $1,242 |
| Progressive | $104 | $1,245 |
| Mercury | $107 | $1,284 |
| Country | $110 | $1,324 |
| Plymouth Rock | $113 | $1,351 |
| State Farm | $114 | $1,364 |
| Arbella | $114 | $1,368 |
Generally, it costs around $1,421 per year to insure a 2019 Honda HR-V. However, Cincinnati Insurance offers the most competitive insurance rates for the 2019 model at $997 per annum.
| Company | Average Monthly Cost | Average Annual Cost |
|---|---|---|
| Cincinnati Insurance | $83 | $997 |
| USAA | $88 | $1,057 |
| Nationwide | $88 | $1,059 |
| Erie | $91 | $1,090 |
| Auto Owners | $94 | $1,127 |
| Country | $105 | $1,255 |
| Mercury | $105 | $1,260 |
| Plymouth Rock | $106 | $1,272 |
| Progressive | $108 | $1,290 |
| Arbella | $111 | $1,337 |
| American Family | $112 | $1,341 |
The insurance cost for a 2018 Honda HR-V is usually $915 per year. Erie offers the most affordable rate at just $628 per annum. Progressive also offers competitive rates at $684 per year.
| Company | Average Monthly Cost | Average Annual Cost |
|---|---|---|
| Erie | $52 | $628 |
| Progressive | $57 | $684 |
| USAA | $58 | $699 |
| Tennessee Farmers | $66 | $786 |
| State Farm | $66 | $793 |
| Nationwide | $72 | $865 |
| Vermont Mutual | $73 | $881 |
| Plymouth Rock | $78 | $941 |
| American Family | $81 | $976 |
| Acuity | $84 | $1,008 |
| Country | $86 | $1,029 |
Insuring a 2017 Honda HR-V typically costs about $853 annually, with Erie providing the most competitive rate at $613 per year.
| Company | Average Monthly Cost | Average Annual Cost |
|---|---|---|
| Erie | $51 | $613 |
| USAA | $58 | $694 |
| Progressive | $58 | $695 |
| Texas Farm Bureau | $60 | $722 |
| State Farm | $63 | $751 |
| Tennessee Farmers | $66 | $786 |
| Vermont Mutual | $71 | $849 |
| Nationwide | $74 | $884 |
| Plymouth Rock | $76 | $916 |
| American Family | $82 | $978 |
| Acuity | $83 | $998 |
For a 2016 Honda HR-V, the average insurance cost is approximately $988 yearly, while Texas Farm Bureau presents the best rate at $738 annually.
| Company | Average Monthly Cost | Average Annual Cost |
|---|---|---|
| Texas Farm Bureau | $62 | $738 |
| Vermont Mutual | $75 | $898 |
| Erie | $77 | $922 |
| Nationwide | $79 | $942 |
| USAA | $89 | $1,069 |
| Tennessee Farmers | $93 | $1,116 |
| Progressive | $97 | $1,166 |
| Amica | $99 | $1,183 |
| Mercury | $101 | $1,206 |
| Country | $101 | $1,207 |
| State Farm | $101 | $1,208 |
Crash test ratings directly indicate the safety performance of a vehicle. It can largely affect the insurance premiums. Honda HR-V has good crash test ratings over different model years, which can help reduce the yearly insurance cost.
| Vehicle | Overall | Frontal Crash | Side Crash | Rollover |
|---|---|---|---|---|
| 2020 Honda HR-V
SUV FWD |
5 Stars | 4 Stars | 5 Stars | 4 Stars |
| 2020 Honda HR-V
SUV AWD |
5 Stars | 4 Stars | 5 Stars | 4 Stars |
| 2019 Honda HR-V
SUV FWD |
5 Stars | 4 Stars | 5 Stars | 4 Stars |
| 2019 Honda HR-V
SUV AWD |
5 Stars | 4 Stars | 5 Stars | 4 Stars |
| 2018 Honda HR-V
SUV FWD |
5 Stars | 4 Stars | 5 Stars | 4 Stars |
| 2018 Honda HR-V
SUV AWD |
5 Stars | 4 Stars | 5 Stars | 4 Stars |
| 2017 Honda HR-V
SUV FWD |
5 Stars | 4 Stars | 5 Stars | 4 Stars |
| 2017 Honda HR-V
SUV AWD |
5 Stars | 4 Stars | 5 Stars | 4 Stars |
| 2016 Honda HR-V
SUV FWD |
5 Stars | 4 Stars | 5 Stars | 4 Stars |
| 2016 Honda HR-V
SUV AWD |
5 Stars | 4 Stars | 5 Stars | 4 Stars |
The Honda HR-V has several safety features, which can reduce insurance rates by getting you qualified for available discounts.
Some of the installed features include:
Honda HR-V has overall good safety ratings, which indicate a lower risk of injury, damage, and repair costs, which can lower its insurance rates. Since insurance companies often consider safety ratings when determining a car model's premium rates, HR-V's safety ratings play a key role in its insurance pricing.
| Category | IIHS Rating |
|---|---|
| Small Overlap Front (Driver Side) | Good |
| Small Overlap Front (Passenger Side) | Good |
| Moderate Overlap Front (original test) | Good |
| Side Impact (Original Side Test) | Good |
| Side Impact (Updated Side Test) | Poor |
| Roof Strength | Good |
| Head Restraints & Seats | Good |
| Front Crash Prevention (Vehicle to Vehicle) | Superior |
| LATCH ease of use | Acceptable |
| Headlights (trim dependent) | Acceptable or Marginal |
Download the Way app or head to the Way.com website to start your auto insurance journey and get a free quote in just minutes. On our platform, you can compare offers from more than 140 different insurance providers. This will help you in choosing the most suitable option to reduce your Honda HR-V car insurance costs.
The auto insurance rates published in this guide are based on the results of research completed by Way.com’s data team. Using a mix of public and internal data, we analyzed millions of rate averages across U.S. ZIP codes.
Quotes are typically based on a full coverage policy average unless otherwise noted within the content.
These rates were publicly sourced from insurer filings and should be used for comparative purposes only — your own quotes will differ. Given this, it’s important to go through our insurance steps form to find how much you can save with way.com
Way.com’s Insurance Broker Quote Data
The Honda HR-V insurance cost typically falls around $1,356 per year, depending on factors like the driver's age, location, driving history, and coverage level.
Full coverage is needed only if your HR-V is new, leased, or financed. If your car is older and fully paid off, liability coverage may be enough.
The Honda HR-V car insurance cost is slightly less than average compared to the insurance price range of its direct competitors in the subcompact crossover SUV segment.
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