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

The average cost of car insurance for a Honda CR-V is $1,099 per year. Honda CR-V insurance costs are lower than average, as this vehicle has some of the cheapest annual insurance rates available for any car model. However, different insurers provide different rates, so do your research to get more value for your money.

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When it comes to buying insurance for your Honda CR-V, it’s important to shop around to find the best rates. Insurance companies provide different rates that depend on your model year, driving profile, personal information and more. It always pays to ask companies for customized Honda CR-V insurance quotes and compare them to get the best deal possible.

Key Takeaways

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The average insurance for a Honda CR-V costs only $1,099 per year, compared to $1,427 for the average car model.

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Honda CR-V insurance costs can change by as much as $461 per year, depending on the company.

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The cost of insurance for a Honda CR-V can vary by $204 annually, based on how old your car is, with cheaper rates for older models.

How Much It Costs to Insure a Honda CR-V and the Cheapest Company

How much it costs to insure a Honda CR-V depends on the insurer. The average insurance cost of a Honda CR-V is $1,099, but your rates could be higher or lower depending on the chosen insurance company. If you want to save money, GEICO offers its CR-V insurance for $900 on average, while Allied charges $1,361.

Getting your own personalized insurance quote can help you identify the cheapest average insurance rate for your circumstances.

The Average Annual Cost of Honda CR-V Insurance by Company

MoneyGeek gathered and analyzed thousands of quotes for the CR-V using a sample driver profile. This driver has 100/300/100 liability insurance with comprehensive and collision coverage.

The Average Cost to Insure a Honda CR-V by Company

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Is a Honda CR-V Expensive to Insure?

Insurance companies look at a wide range of factors to determine the cost of car insurance for a given car model. Sports cars and electric cars are much more expensive to insure because of the vehicle’s value, higher repair costs and higher likelihood of thefts and accidents.

Cars with low value and low horsepower, on the other hand, typically bring cheaper insurance costs. Because the Honda CR-V has both of these characteristics, it's one of the most affordable cars to insure.

The Best Car Insurance Company for a Honda CR-V

When you’re looking for the best insurance provider for your Honda CR-V, the cost should not be your only determining factor for your decision.

MoneyGeek’s rating system is based on customer complaints, affordability, customer satisfaction and financial stability. Based on this rating system, we determined the following:

  • USAA has the highest satisfaction rating and is considered the best insurer for a Honda CR-V. However, it is only available for military members and their families.
  • GEICO ranks second, and has lower costs than USAA. GEICO is quite competitive with USAA for affordability and financial stability, but falls behind in customer satisfaction and complaints.

1
USAA
Score:94

4.6/5

Affordability

4.5/5

Claims Ratings

5/5

User Satisfaction

5/5

Financial Stability

2
GEICO
Score:90

5/5

Affordability

3.5/5

Claims Ratings

3/5

User Satisfaction

5/5

Financial Stability

3
Progressive
Score:82

4.3/5

Affordability

4/5

Claims Ratings

3/5

User Satisfaction

4.5/5

Financial Stability

4
State Farm
Score:80

4/5

Affordability

4/5

Claims Ratings

3/5

User Satisfaction

5/5

Financial Stability

5
Allstate
Score:69

3/5

Affordability

4.5/5

Claims Ratings

3/5

User Satisfaction

4.5/5

Financial Stability

How Much It Costs to Insure a Honda CR-V by Model Year

As a car’s value depreciates, collision and comprehensive insurance tends to become cheaper. That is why the average cost of auto insurance for a 2005 Honda CR-V is $967 per year, while insurance for a 2020 Honda CR-V costs $1,172.

Insurance companies have varying rates depending on the model year. The company with the cheapest insurance rate for a 2020 Honda CR-V is GEICO, at $951. Depending on your model year, the most affordable insurer may vary.

The Average Cost to Insure a Honda CR-V by Model Year

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  • Company
    Average Annual Rates (2020 model)
    Average Annual Rates (2019 model)
    Average Annual Rates (2018 model)
    Average Annual Rates (2017 model)
    Average Annual Rates (2016 model)
    Average Annual Rates (2010 model)
    Average Annual Rates (2005 model)
  • 1.
    $951
    $927
    $961
    $906
    $889
    $853
    $815
  • 2.
    $1,036
    $1,048
    $1,061
    $1,061
    $1,036
    $855
    $806
  • 3.
    $1,105
    $1,103
    $1,073
    $1,064
    $1,051
    $993
    $917
  • 4.
    $1,187
    $1,167
    $1,150
    $1,148
    $1,119
    $1,000
    $939
  • 5.
    $1,146
    $1,160
    $1,200
    $1,185
    $1,244
    $1,111
    $1,182

How Expensive Is It to Insure a Honda CR-V Compared to Other Cars?

Owning a Honda CR-V can save you money on insurance coverage, compared to other car models. The average insurance cost per year for a Honda CR-V is only $1,099, while the average across all models is $1,427. The CR-V is also generally cheaper than other models from Honda.

How Much It Costs to Insure a Honda CR-V for 16- to 25-Year-Olds

Because of their lack of experience on the road, younger drivers pay more for car insurance than older adults. An 18-year-old driver of a Honda CR-V has an average insurance cost of $3,588, while a 40-year-old driver only pays $1,099 per year.

On the positive side, both parents and teens can save money if they are on the same policy.

You can read more about the cost of car insurance for drivers aged 16–25 below.

The Average Cost to Insure a Honda CR-V by Driver Age

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  • Age
    Average Annual Rates
  • 16
    $4,600
  • 17
    $4,075
  • 18
    $3,588
  • 19
    $2,570
  • 20
    $2,294
  • 21
    $1,816
  • 22
    $1,672
  • 23
    $1,530
  • 24
    $1,436
  • 25
    $1,303
  • 40
    $1,099

How Does Location Affect the Cost of Honda CR-V Insurance?

These costs are based on a national average, but your location also has an impact on the cost of car insurance. You can learn more about car insurance expenses in every state when you explore our state page analysis.

FAQs About Honda CR-V Insurance

The model of your car may have a huge impact on the price of your insurance. However, it is only one of the many factors that insurance companies consider.

To know more, here are some of the most frequently asked questions about insurance for a Honda CR-V:

Read More About Car Insurance

Methodology

To generate detailed information about insurance rates of a Honda CR-V across all available model years, MoneyGeek collected thousands of quotes using a sample driver profile. In this case, the 40-year-old driver is purchasing an insurance policy with the following coverages:

  • $100,000 in bodily injury liability insurance per person
  • $300,000 in bodily injury liability insurance per accident
  • $100,000 in property damage liability insurance per accident
  • Comprehensive and collision insurance with a $1,000 deductible

The rates indicated above are based on national averages. These could still vary depending on your age, model year, location and more.

About the Author


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Mark Fitzpatrick is a senior content manager with MoneyGeek specializing in insurance. Mark has years of experience analyzing the insurance market and creating original research and content. He graduated from Boston College with a Bachelor of Arts and Johns Hopkins University with a Master of Arts.