Compare the Cost of Honda CR-V Insurance by Model Year and Company

Rates depend on factors like the driver’s age and the model year of their car. For example, a full coverage policy for a 2009 Honda CR-V costs $1,135 annually, while the same policy on a 2022 Honda CR-V will cost $1,334. Age is another crucial factor. A policy for a 16-year-old driver with a 2022 Honda CR-V will cost $5,996 annually, but only $1,334 per year for a 40-year-old.

MoneyGeek rated the best insurers for a Honda CR-V, highlighting the providers with the best balance of affordability and customer service.

The average cost of car insurance for a Honda CR-V is $1,249 per year, but the company you choose can significantly impact your rates. The cheapest car insurance for the Honda CR-V is from State Farm, costing an average of $467 per year for a minimum coverage policy and $984 per year for a full coverage policy.

On the other hand, Farmers has the most expensive premiums for the same car. A minimum coverage policy costs $723 per year, while a full coverage policy costs $1,459 per year, on average.

Several factors can determine the cost of your car insurance. Honda CR-Vs are relatively cheap to insure due to their low horsepower and low Manufacturer Suggested Retail Price (MSRP).

More affordable cars are cheaper to repair, resulting in lower premiums. The Honda CR-V also has a low horsepower compared to other vehicles, meaning it’s less powerful and has a lower chance of getting into major accidents. These factors lead to fewer and less expensive claims, so insurers don’t charge excessive premiums for this car model.

Finding the best car insurance for a Honda CR-V means looking at rates, service and claims experience. MoneyGeek’s top recommendations are:

• State Farm: MoneyGeek score 90 out of 100 ($984 per year)
• GEICO: MoneyGeek score 89 out of 100 ($1,036 per year)

State Farm is the most affordable insurer for a Honda CR-V. It also has the highest ranking score for customer satisfaction, which means it strikes an outstanding balance of cost and service.

The average cost of car insurance for a full coverage policy on a 2009 Honda CR-V is $1,135 per year, while it costs $1,334 per year to insure a 2022 Honda CR-V. More recent model years are usually more expensive to insure because they have higher market values than older models.

Model year and your choice of insurer will significantly impact the average cost of car insurance for a Honda CR-V. State Farm is the cheapest company for a 2009 model, with an average of $882 annually for a full coverage policy, and Nationwide is the most affordable for a 2022 model at $1,099 annually. The most expensive company is Farmers, at an average of $1,347 per year for a 2009 model and $1,615 per year for a 2022 model.

Age is a significant factor affecting premiums since car insurance for younger drivers is much more expensive than car insurance for adults. For a full coverage policy on a Honda CR-V, 16-year-old drivers pay an annual average of $5,557, while 40-year-old drivers only pay an average of $1,217 annually. Although premiums decrease for teens as they get older, rates will begin to stabilize in their 20s. Taking advantage of young driver discounts can make teen car insurance more affordable.

Adding teenage drivers to a family plan is the cheapest way to get car insurance for teens, as getting an individual policy for a teenage driver is much more expensive. The most affordable individual full coverage policy for a 16-year-old driving a 2009 Honda CR-V is from State Farm, at an average annual cost of $2,781. Meanwhile, the same plan costs $7,050 on average from Farmers. If you’re looking for car insurance for teens, it’s best to shop around and compare quotes to find the cheapest premiums.

While the model year of your Honda CR-V and your age are important factors, your location might be the most influential for determining the cost of car insurance. The cheapest company will vary by what state you live in. Idaho has the most affordable average annual premiums per year, while Florida has the most expensive. We recommend getting quotes from the cheapest insurers in your state to get the best deal for you.

MoneyGeek answered some of the most common questions about cost and quality from people looking for car insurance for a Honda CR-V.