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Compare the Cost of Honda Insight Insurance by Model Year and Company
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Ensure you're getting the best rate. Review quotes from a top insurance company.
It pays to compare Honda Insight insurance quotes when shopping for your car insurance since you might find a better deal by comparing prices from several insurers. The cheapest insurance rate may vary based on your Honda Insight’s year of production.
Key Takeaways for Honda Insight Insurance
Insurance for a Honda Insight costs an average of $1,262 per year, which is $165 less than the average vehicle’s rate.
The annual insurance cost for a Honda Insight can change by as much as $621 depending on your insurance provider.
Insurance for a Honda Insight can change by up to $385 per year depending on the age of the vehicle. Insurance premiums for older models are generally cheaper.
How Much It Costs to Insure a Honda Insight and the Cheapest Company
If you drive a Honda Insight, the insurance company you choose has a huge impact on your yearly insurance rate. The average cost of insurance for a Honda Insight is $1,262.
USAA offers the most affordable car insurance at roughly $1,041, but it’s only available for military families. GEICO offers the second cheapest premiums with an average cost of $1,044 per year.
Allied is the most expensive insurer and costs $621 more than USAA. Comparing the cheapest auto insurance providers can help you get the best rates.
The Average Annual Cost of Honda Insight Insurance by Company
MoneyGeek gathered data on insurance provider rates using a sample driver profile. In this scenario, the driver is a 40-year-old male with 100/300/100 in liability insurance as well as comprehensive and collision coverage.
The Average Cost to Insure a Honda Insight by Company
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- CompanyAverage Annual Rates
- 1.$1,041
- 2.$1,044
- 3.$1,161
- 4.$1,170
- 5.$1,397
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Is a Honda Insight Expensive to Insure?
Insurers determine the cost of car insurance for any given model depending on a variety of factors. Insurance rates are generally higher for models that are more expensive, more likely to be involved in an accident or more likely to be stolen.
The Honda Insight tends to be inexpensive to insure. The National Highway Traffic Safety Administration classifies this model as a low-value and low-horsepower vehicle. These factors lead to lower insurance premiums since the model is often less expensive to cover due to its cheap repair costs and a lower likelihood of getting into an accident.
The Best Car Insurance Company for a Honda Insight
When shopping for Honda Insight auto insurance, pricing shouldn’t be the only factor you consider. You should look at other details about the insurance company you're evaluating.
MoneyGeek’s rating system, based on customer complaints, affordability, customer satisfaction and financial stability, found that:
- USAA is the best auto insurance company for the Honda Insight, but it’s only available to those with a military background.
- GEICO is the second-best insurance provider for a Honda Insight.
1
USAA
Score:99
2
GEICO
Score:89
3
State Farm
Score:86
4
Progressive
Score:85
5
Nationwide
Score:78
6
Allstate
Score:70
7
Allied
Score:NaN
How Much It Costs to Insure a Honda Insight by Model Year
In general, older models of a Honda Insight cost less to insure than newer models. This is because when a car's value decreases, comprehensive and collision insurance become more inexpensive.
Honda Insight insurance rates for a 2005 car model are roughly $1,045, while insurance on a 2020 Honda Insight model averages $1,430 annually. This is a difference of around $385.
Different insurers may provide cheaper coverage depending on the model year. This is the average annual cost of insurance for a Honda Insight:
- 2005 Honda Insight: $1,045
- 2010 Honda Insight: $1,178
- 2019 Honda Insight: $1,395
- 2020 Honda Insight: $1,430
With an average yearly premium of $1,150 for a 2020 Honda Insight, USAA offers the cheapest insurance policy, but it’s only available for military personnel and their families.
You can choose your Honda Insight model year to compare rates since the cheapest insurance company differs per model year.
The Average Cost to Insure a Honda Insight by Model Year
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- CompanyAverage Annual Rates (2020 model)Average Annual Rates (2019 model)Average Annual Rates (2010 model)Average Annual Rates (2005 model)
- 1.$1,150$1,160$975$879
- 2.$1,203$1,169$916$889
- 3.$1,297$1,295$1,174$876
- 4.$1,307$1,285$1,100$986
- 5.$1,466$1,486$1,394$1,243
How Expensive Is It to Insure a Honda Insight Compared to Other Cars?
Insurance rates for a Honda Insight are cheaper than the national average. Insurance for a car costs an average of $1,262, which is roughly $165 cheaper than the average across all models.
How Much It Costs to Insure a Honda Insight for 16- to 25-Year-Olds
Younger drivers may pay higher auto insurance costs due to their inexperience on the road, regardless of the kind of vehicle they drive.
Insurance for a Honda Insight costs an average of $4,118 per year for an 18-year-old driver. A 40-year-old driver spends an average of $2,856 less to insure the same car.
Young drivers can save money by staying on their parent’s car insurance policy. Car insurance for young drivers is almost always more expensive when they buy it for themselves.
The following table lists the cost of auto insurance for a young driver between the ages of 16 and 25.
The Average Cost to Insure a Honda Insight by Driver Age
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- AgeAverage Annual Rates
- 16$5,280
- 17$4,677
- 18$4,118
- 19$2,950
- 20$2,633
How Does Location Affect the Cost of Honda Insight Insurance?
While the costs referenced in this article are based on the national average, your location can significantly affect your auto insurance rates. MoneyGeek’s state page analysis presents the cost of vehicle insurance in each state.
FAQs About Honda Insight Insurance
While the make and model of your car have a significant impact on the cost of your insurance, it’s just one of many factors considered by insurers. Here are some of the most frequently asked questions about Honda Insight insurance:
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