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.

U.S. average insurance rates for a Honda Odyssey are $1,316 a year including full coverage. Comprehensive costs an estimated $248 a year, collision costs $494, and liability costs around $416. Liability-only insurance costs as low as $474 a year, with high-risk driver insurance costing around $2,866. 16-year-old drivers pay the highest rates at $5,024 a year or more.

Average premium for full coverage: $1,316

Price estimates broken down by individual coverage:

Full coverage includes $500 policy deductibles, 30/60 split liability limits, and includes uninsured motorist and medical coverage. Estimates are averaged for all 50 U.S. states and Odyssey trim levels.

Price Range from Low to High

Geographic Price Range

Where you live can make a big difference on the price of auto insurance. More rural locations have lower incidents of comprehensive and collision claims than congested cities.

The diagram below illustrates how where you live affects insurance prices.

The ranges above highlight why it is important to compare prices for a targeted area, instead of making a decision based on rate averages.

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

Additional Rate Information

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

• The best full coverage rate is $758
• Using higher $1,000 deductibles will save approximately $1,148 every year
• The estimated price for the average middle-age driver who has $500 deductibles is $1,316
• Buying low $100 deductibles for physical damage coverage bumps up the cost to $1,646
• High-risk insureds with multiple tickets or accidents could pay up to $2,866 or more
• The price that insures a 16-year-old driver can cost as much as $5,024 or more

View Chart as Image

Car insurance prices for a Honda Odyssey are also quite variable based on the trim level of your Odyssey, your driving record and age, and liability limits and deductibles.

If you have some driving violations or you caused an accident, you are likely paying $1,600 to $2,200 extra each year, depending on your age. A high-risk auto insurance policy can be from 44% to 135% more than the average rate. View High Risk Driver Rates

Older drivers with no driving violations and higher comprehensive and collision deductibles may pay as low as $1,200 a year for full coverage. Prices are highest for teenage drivers, since even teens with perfect driving records will be charged at least $5,000 a year. View Rates by Age

The state you live in has a huge impact on Honda Odyssey insurance prices. A driver around age 40 might see prices as low as $1,010 a year in states like Vermont, New Hampshire, and Missouri, or at least $1,880 on average in Louisiana, New York, and Michigan.

View Chart as Image

Opting for high physical damage deductibles could cut prices by as much as $500 annually, while buying higher liability limits will increase premiums. Changing from a 50/100 bodily injury protection limit to a 250/500 limit will increase prices by as much as $375 extra every 12 months. View Rates by Deductible or Liability Limit

Since prices can be so different, the best way to figure out which car insurance is cheapest is to get quotes from multiple companies. Each insurance company utilizes a different rate formula, so rate quotes may be quite 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 Find More Affordable Honda Odyssey Insurance

Getting lower rates on insurance for a Honda Odyssey requires avoiding accidents and claims, having a positive credit history, being claim-free, and not having any coverage lapses. Comparison shop at least every other year by obtaining price quotes from direct car insurance companies, and also from your local car insurance providers.

The points below are a summary of the car insurance concepts touched on in the above illustrations.

• Drivers considered higher risk who have multiple accidents or major violations could be charged and average of $1,550 more annually to insure a Honda Odyssey
• You may be able to save approximately $160 per year simply by quoting early and online
• Increasing physical damage deductibles can save approximately $500 each year
• Insureds who want increased liability limits will pay around $460 per year to increase from a low limit to the 250/500 level

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.

• Chrysler Pacifica Insurance Rates
• Chrysler Pacifica Hybrid Insurance Rates
• Dodge Grand Caravan Insurance Rates

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