5/5
Affordability
4.5/5
Claims Ratings
5/5
User Satisfaction
5/5
Financial Stability
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.
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.
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.
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.
Scroll for more
Ensure you're getting the best rate for your auto insurance. Compare quotes from the top insurance companies.
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.
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:
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:
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.
Scroll for more
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.
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.
Scroll for more
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.
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:
About Mark Fitzpatrick