4.5/5
Affordability
4.5/5
Claims Ratings
5/5
User Satisfaction
5/5
Financial Stability
It’s important to compare Honda Odyssey insurance rates when you're shopping for auto insurance. Comparing prices from several insurers may help you secure a better premium since insurance firms charge varying rates for the same car model. Insurance costs can even vary according to model year and driving history.
The average annual cost of insurance for a Honda Odyssey is $1,068, which is $359 cheaper than the national average.
Insurance for a Honda Odyssey may vary by as much as $324 per year depending on the insurance company you choose.
Insurance for a Honda Odyssey may change by up to $306 per year depending on your vehicle's age. Insurance prices for older car models are cheaper.
If you drive a Honda Odyssey, the insurance company you choose has a significant impact on your annual insurance premium. Honda Odyssey insurance rates cost $1,068 on average.
GEICO provides the most affordable rates, with an average annual premium of $928. Allstate has the most expensive annual coverage at roughly $324 more per year. Comparing cheap car insurance companies will help you get the best deal available.
MoneyGeek analyzed insurance rates using a sample driving profile for a 40-year-old male with a 100/300/100 full coverage policy.
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Ensure you're getting the best rate for your auto insurance. Compare quotes from the top insurance companies.
Car insurance premiums are determined by a number of factors, including the car model. Insurance rates are typically higher for vehicles that are more expensive, more likely to be involved in an accident or more likely to be stolen.
The cost of insurance for a Honda Odyssey tends to be inexpensive. The National Highway Traffic Safety Administration (NHTSA) classifies this model as a low-value and low-horsepower vehicle. These factors make the Honda Odyssey less risky to insure, earning it lower auto insurance premiums.
Price alone isn't the only factor you should consider when buying insurance for a Honda Odyssey. You should also take into account other information regarding the insurance company you're evaluating.
Using MoneyGeek's rating system, which includes consumer complaints, affordability, customer satisfaction and financial stability, we discovered that GEICO is the best auto insurance company for Honda Odyssey drivers.
Older models of a Honda Odyssey are cheaper to insure. Comprehensive and collision insurance premiums drop when the value of a vehicle decreases.
The yearly insurance cost for a 2005 Honda Odyssey model is roughly $913, while a 2020 model has an average annual cost of $1,219. That’s a difference of about $306.
The average yearly insurance costs for various Honda Odyssey models are:
Progressive is the most affordable insurance provider with an average annual rate of $1,039 for a 2020 Honda Odyssey.
You can search for your Honda Odyssey’s year to see the average insurance rates for your model year from various insurers. Keep in mind that the cheapest insurer can vary from year to year.
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When it comes to car insurance, driving a Honda Odyssey is less expensive than other vehicles. It costs an average of $1,068 per year to insure a Honda Odyssey, which is $359 less than the national average.
Regardless of the car they drive, younger drivers are likely to pay higher insurance premiums because of their lack of driving experience.
An 18-year-old driver insuring a Honda Odyssey pays, on average, $3,487 per year for auto insurance. A 40-year-old driver pays roughly $2,419 less per year.
Young drivers can save money by staying on their parent’s insurance. As a general rule, premiums are higher for young drivers when they buy insurance on their own.
The table below shows how much car insurance costs for young drivers between the ages of 16 and 25.
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While the rates mentioned here are based on the national average, where you reside can have a significant impact on your car insurance premiums. MoneyGeek’s state page analysis can help you learn more about the cost of car insurance in each state.
While the model of your car has a significant influence on the price of your insurance, it’s only one of many factors that insurers consider. Here are some of the frequently asked questions about Honda Odyssey car insurance.
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