Honda Odyssey Insurance Rates

One of the frequently asked coverage questions is how much does it cost to insure a Honda Odyssey? The average insurance cost for an Odyssey is $1,342 a year, or $111 a month. Learn what you can do to find cheap Honda Odyssey car insurance rates in our guide.

If you want to start comparing everything from the 2015 Honda Odyssey insurance cost to the 2018 Honda Odyssey insurance rates to 2007 Honda Odyssey trim levels’ rates, enter your ZIP code in our free tool above.

Average insurance prices for a Honda Odyssey are $1,318 every 12 months for full coverage. Comprehensive insurance costs an estimated $256, collision costs $506, and liability coverage is estimated at $398. Liability-only coverage costs approximately $460 a year, with high-risk coverage costing $2,868 or more. Teen drivers receive the highest rates at $5,002 a year or more.

Average premium for full coverage: $1,318

Rate estimates broken down by individual coverage type:

Rate estimates include $500 physical damage insurance deductibles, liability limits of 30/60, and includes both medical and UM/UIM coverage. Rates are averaged for all states and for all Odyssey models.

Price Range by Coverage and Risk

Price Range by Location

Living in a larger city has a large influence on insurance rates. More rural locations tend to have more infrequent accident claims than larger metro areas.

The example below illustrates how rural and urban location affects insurance prices.

These examples show why everyone should get quotes for a targeted area and their own driving history, rather than using price averages.

Use the form below to get customized rates for your location.

Rate Comparisons

The chart below shows estimated Honda Odyssey insurance rates for other coverage scenarios.

• The lowest rate with discounts is $757
• Choosing higher $1,000 deductibles can save approximately $170 a year
• The average price for a 40-year-old driver who has $500 deductibles is $1,318
• Choosing pricier low deductibles for comp and collision coverage costs an extra $340 each year
• Drivers with multiple violations and an at-fault accident could pay up to $2,868 or more
• The cost to insure a teenage driver for full coverage can cost as much as $5,002 each year

View Chart as Image

Car insurance rates for a Honda Odyssey can also vary considerably based on policy deductibles and limits, your driver profile, and the model year and trim level.

Choosing high deductibles can save as much as $510 a year, whereas buying more liability protection will increase premiums. Going from a 50/100 liability limit to a 250/500 limit will cost as much as $358 extra every 12 months. View Rates by Deductible or Liability Limit

A more mature driver with no driving violations and higher deductibles may only pay around $1,200 annually on average for full coverage. Rates are highest for teen drivers, since even excellent drivers will be charged at least $5,000 a year. View Rates by Age

If you like to drive fast or you were responsible for an accident, you could be paying $1,600 to $2,200 extra per year, depending on your age. Honda Odyssey insurance for high-risk drivers ranges around 44% to 135% more than average. View High Risk Driver Rates

Where you live plays a big part in determining prices for Honda Odyssey insurance rates. A good driver about age 40 could pay as low as $870 a year in states like Iowa, Maine, and Idaho, or as much as $1,880 on average in New York, Louisiana, and Michigan.

View Chart as Image

With so much variability in rates, the only way to know which company is cheapest is to regularly compare rates and see how they stack up. Each auto insurer uses a different rate calculation, so rate quotes can be significantly different.

Insurance Rates by Trim Level and Model Year

Rates assume 2023 model year, a 40-year-old male driver with no accidents or violations, $500 comprehensive and collision deductibles, minimum liability limits, and uninsured/under-insured motorist coverage included. Rates are for comparison only and are averaged for all 50 U.S. states.

How to Shop for the Best Honda Odyssey Insurance

Saving money on auto insurance takes being a low-risk driver, maintaining a good credit score, eliminating unneeded coverage, and not having any coverage lapses. Set aside time to shop around once a year by getting rate quotes from direct carriers like GEICO, Progressive, and Esurance, and also from several local insurance agents.

The items below are a brief recap of the data that was raised in the charts and tables above.

• Drivers can save approximately $160 per year simply by quoting online well ahead of the renewal date
• Consumers who want more liability coverage will pay about $440 each year to raise limits from a minimum limit to a 250/500 level
• Teen drivers have the highest car insurance rates, costing as high as $417 per month if the policy includes full coverage
• Drivers who tend to receive serious violations pay on average $1,550 more annually to insure their Odyssey

Honda Odyssey insurance costs can be reduced by shopping around for quotes. It can also help you decide what model year you want to buy, as you can find everything from 2003 Honda Odyssey price ranges to 2005 Honda Odyssey price ranges.

So if you are ready to find out various prices, such as how much does 2010, 2015, or 2016 Honda Odyssey cost to insure, enter your ZIP code in our free tool below.

What are the safety ratings of the Honda Odyssey?

The cost of a new Honda Odyssey may be more expensive if there are multiple safety features. The good news is that great Honda Odyssey safety ratings and features mean cheaper insurance rates. The Honda Odyssey has some good safety features, such as various protective airbags, brake assist, electronic stability control, and traction control.

The Insurance Institute of Highway Safety (IIHS) also gave the Honda Odyssey a 2019 Top Safety Pick award, as it has the following crash test ratings:

• Small overlap front (driver-side): Good
• Small overlap front (passenger-side): Good
• Moderate overlap front: Good
• Side: Good
• Roof strength: Good
• Head restraints and seats: Good

Keep in mind that a Honda Odyssey that is older may not have as good of a crash test rating. Watch the video below to see how the IIHS crash-tested the Honda Odyssey.

Honda Odyssey Compared Against Other Vehicles in the Same Class

So how much is a Honda Odyssey to insure with liability insurance? What are the affordable Honda Odyssey car insurance options? The answer depends on the vehicle class. The Honda Odyssey is a very large minivan, which means it can easily do damage to other vehicles. Luckily, the IIHS found that in comparison to other very large minivans, the Honda Odyssey’s liability insurance losses were significantly better than average.

This means that the cost of insurance for a Honda Odyssey should be cheaper than other very large minivans, regardless of whether you are looking at Honda Odyssey 2005 costs or 2016 or 2015 Honda Odyssey prices paid. To see how much other very large minivans cost to insure, view the list below.

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Ready to jump into finding out how much does a 2015 Honda Odyssey cost or how much is a 2011 Honda Odyssey cost to insure? Shopping for rates will give you a better idea of what average rates are for a Honda Odyssey. Enter your ZIP code in our free tool to get started and get a Honda Odyssey insurance quote today.

References

1. https://www.iihs.org/ratings/vehicle/honda/odyssey-minivan/2020