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 $1,318 a year for full coverage insurance. Comprehensive costs on average $256, collision costs $506, and liability coverage is estimated at $398. A policy with just liability insurance costs approximately $460 a year, with coverage for high-risk drivers costing around $2,868. Teenage drivers pay the highest rates at $5,002 a year or more.

Average premium for full coverage: $1,318

Price estimates by individual coverage:

Rates are based on $500 policy deductibles, liability limits of 30/60, and includes both medical and UM/UIM coverage. Estimates are averaged for all 50 states and for different Odyssey trim levels.

Price Range from Low to High

Geographic Price Range

Living in a larger city has a large influence on insurance rates. Rural areas have a lower frequency of physical damage claims than densely populated cities.

The price range example below illustrates how location impacts car insurance rates.

The ranges above illustrate why anyone shopping for car insurance should get quotes based on a specific location and risk profile, rather than using average rates.

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

Rate Comparisons

The chart below illustrates estimated Honda Odyssey insurance rates for different risk profiles and scenarios.

• The best discount rate is $757
• Choosing higher $1,000 deductibles can save around $170 each year
• The average rate for the average middle-age driver with $500 deductibles is $1,318
• Using more expensive low deductibles for comp and collision coverage will increase the cost to $1,658
• Drivers who are prone to accidents and violations could pay upwards of $2,868 or more
• The price for full coverage for a teenage driver with full coverage may cost $5,002 each year

View Chart as Image

Insurance prices for a Honda Odyssey are also quite variable based on your driving record, the model year and trim level, and policy deductibles and limits.

An older driver with a clean driving record and high deductibles may only pay around $1,200 annually on average for full coverage. Prices are much higher for teenage drivers, where even good drivers can expect to pay upwards of $5,000 a year. View Rates by Age

The state you live in plays a big part in determining prices for Honda Odyssey insurance rates. A good driver about age 40 could pay as low as $860 a year in states like Vermont, Wisconsin, and North Carolina, or be forced to pay as much as $1,780 on average in Michigan, New York, and Florida.

View Chart as Image

Using high physical damage deductibles can save as much as $510 a year, while increasing your policy's liability limits will cost you more. Switching from a 50/100 limit to a 250/500 limit will increase prices by as much as $358 more per year. View Rates by Deductible or Liability Limit

If you have some driving violations or tend to cause accidents, you are probably paying at a minimum $1,600 to $2,200 extra each year, depending on your age. High-risk driver insurance ranges around 44% to 135% more than a normal policy. View High Risk Driver Rates

Since prices can be so different, the only way to figure out exactly what you will pay is to compare prices and see how they stack up. Each auto insurer uses a different method to calculate prices, so the prices may be quite different from one company to the next.

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 the Best Cheap Honda Odyssey Insurance

Getting lower rates on auto insurance takes avoiding accidents and claims, maintaining good credit, not filing small claims, and bundling your home and auto policies. Spend time shopping around once a year by quoting rates from direct insurance companies like Progressive and GEICO, and also from local independent and exclusive agents.

The points below are a quick review of the data that was touched on above.

• It is possible to save as much as $160 per year simply by shopping early and online
• Consumers who require increased liability limits will pay an extra $440 annually to raise limits from a low limit to 250/500 limits
• Drivers under the age of 20 pay the highest prices, as much as $417 a month for full coverage
• Drivers with a DUI or reckless driving violation pay an average of $1,550 more each year to insure a Honda 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