Auto Insurance
4.8/5
Affordability
4.5/5
Claims Ratings
5/5
User Satisfaction
5/5
Financial Stability
Compare the Cost of Honda Fit Insurance by Model Year and Company
Compare Rates
Ensure you're getting the best rate. Review quotes from a top insurance company.
When you purchase insurance for your Honda Fit, it is best to explore all your options. As there are multiple insurers with different Honda Fit insurance rates, you can get the best deal by analyzing their quotes and comparing them. The average rates of Honda Fit insurance may be as high as $1,500 or as low as $942 per year, depending on the insurer.
Key Takeaways
The average cost of insuring a Honda Fit is $1,141 per year, much less than the average price ($1,427) for all car models.
Honda Fit insurance costs can vary by $558 based on the insurance company.
As Honda Fit insurance quotes are cheaper for older models, the insurance cost can vary by $195 based on the model year.
How Much It Costs to Insure a Honda Fit and the Cheapest Company
The company you choose for Honda Fit insurance can have a significant impact on the overall price. The average insurance rate for a Honda Fit is $1,141 per year. When it comes to individual companies, the highest insurance quote is from Allied, at $1,500 on average. On the other hand, the cheapest average quote for Honda Fit insurance is $942 from GEICO.
The Average Annual Cost of Honda Fit Insurance by Company
MoneyGeek collected information about insurance provider rates using a sample driver profile. In this scenario, the driver has 100/300/100 liability insurance with comprehensive and collision coverage.
The Average Cost to Insure a Honda Fit by Company
Scroll for more
- CompanyAverage Annual Rates
- 1.$942
- 2.$984
- 3.$1,037
- 4.$1,131
- 5.$1,300
Compare Auto Insurance Rates
Ensure you're getting the best rate for your auto insurance. Compare quotes from the top insurance companies.
Is a Honda Fit Expensive to Insure?
Insurance companies use many factors to determine insurance costs. Cars that do not cost much and have a low theft rate cost less to insure.
The Honda Fit is inexpensive to insure due to its low value and low horsepower. Honda Fits are relatively cheap cars, so they don’t cost much to repair or replace, and they’re not commonly stolen. The Fit also doesn’t have much power, and cars with low horsepower tend to get into fewer accidents.
The Best Car Insurance Company for a Honda Fit
When choosing an insurance provider for your Honda Fit, pricing shouldn’t be your only priority. It is equally necessary to consider other factors, such as customer satisfaction, user complaints, financial stability and affordability. If an insurer gives you an affordable Honda Fit insurance quote, you should look into these other factors before making your purchase.
As per the MoneyGeek rating system:
- USAA is the top auto insurance company for Honda Fit insurance. It is cost-effective and excels in all other factors. However, USAA is only available for military members and their families.
- The next-best option is GEICO, which actually has a lower average annual premium for the Honda Fit than USAA.
1
USAA
Score:97
2
GEICO
Score:90
3
Progressive
Score:86
4
State Farm
Score:84
5
Nationwide
Score:77
6
Allstate
Score:74
7
Allied
Score:NaN
How Much It Costs to Insure a Honda Fit by Model Year
If you have an older model car, you will typically pay less for insurance due to depreciation. The price of your insurance policy will vary based on the model year and the insurance provider.
On the one hand, you can get your 2007 Honda Fit insured at an average price of $1,014. However, for a 2020 model, the average premium cost rises to $1,210 per year. The difference is around $196.
For some car models, the cheapest option can vary depending on your model year. However, for the Honda Fit, GEICO is the cheapest insurer for every available model year.
The Average Cost to Insure a Honda Fit by Model Year
Scroll for more
- CompanyAverage 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 (2007 model)
- 1.$1,013$989$980$951$939$869$850
- 2.$1,033$1,043$1,053$1,016$975$895$874
- 3.$1,099$1,163$1,007$1,029$1,016$1,021$927
- 4.$1,213$1,196$1,236$1,150$1,149$968$1,002
- 5.$1,297$1,314$1,391$1,407$1,334$1,201$1,158
How Expensive Is It to Insure a Honda Fit Compared to Other Cars?
The average insurance cost of a Honda Fit is around $1,141 per year, far below the $1,427 average cost of insuring most other cars. It may not be the cheapest car to insure, but the Honda Fit comes quite close!
How Much It Costs to Insure a Honda Fit for 16- to 25-Year-Olds
Younger drivers tend to pay higher insurance rates due to their inexperience. Insurers consider older, more experienced drivers to be less risky to insure, so they offer them cheaper premiums for similar coverage.
The average annual Honda Fit insurance cost for an 18-year-old is $3,724. In contrast, similar coverage for the same car costs $1,141 for a 40-year-old driver. Based on these figures, it's best for teenagers to stay on their parents’ policy. It will cost them less than buying a policy of their own.
The Average Cost to Insure a Honda Fit by Driver Age
Scroll for more
- AgeAverage Annual Rates
- 16$4,774
- 17$4,229
- 18$3,724
- 19$2,667
- 20$2,381
How Does Location Affect the Cost of Honda Fit Insurance?
The costs mentioned in this article are national averages. However, where you live can have a significant impact on your Honda Fit insurance rates. You can learn better about insurance costs in individual states with our state page analysis.
FAQs About Honda Fit Insurance
Many people have questions about Honda Fit insurance. Answers to some of the most commonly asked questions can reveal more about the cost of Honda Fit insurance.
Read More About Car Insurance
Read More About Car Insurance
Auto Insurance
About Mark Fitzpatrick
