Cheap Honda Auto Insurance in 2024 (Save Big With These 8 Companies!)
Erie, Geico, and State Farm have the cheapest Honda auto insurance. Erie wins out the top spot with the cheapest Honda insurance rates at $22/mo. Drivers looking for cheap Honda car insurance quotes should also consider Geico and State Farm for discounts on specific models like the Honda Civic and Honda Accord.
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Jeff Root
Licensed Insurance Agent
Jeff is a well-known speaker and expert in insurance and financial planning. He has spoken at top insurance conferences around the U.S., including the InsuranceNewsNet Super Conference, the 8% Nation Insurance Wealth Conference, and the Digital Life Insurance Agent Mastermind. He has been featured and quoted in Nerdwallet, Bloomberg, Forbes, U.S. News & Money, USA Today, and other leading fina...
Licensed Insurance Agent
UPDATED: Jul 19, 2024
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Advertiser Disclosure: We strive to help you make confident auto insurance decisions. Comparison shopping should be easy. We are not affiliated with any one auto insurance provider and cannot guarantee quotes from any single provider. Our partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.
UPDATED: Jul 19, 2024
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident auto insurance decisions. Comparison shopping should be easy. We are not affiliated with any one auto insurance provider and cannot guarantee quotes from any single provider. Our partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
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17,759 reviewsErie has the lowest rates for cheap Honda auto insurance, as well as Geico and State Farm. While companies consider various factors that affect auto insurance rates for your Honda, like vehicle model and driving profile, these companies will have the most affordable rates on average.
Shopping at the cheapest Honda auto insurance companies will help you save no matter what model of Honda you own.
Our Top 8 Company Picks: Cheap Honda Auto Insurance
Company Rank Monthly Rates Usage-Based Discount Best For Jump to Pros/Cons
#1 $22 30% Personalized Policies Erie
#2 $30 25% Online Convenience Geico
#3 $33 30% Agency Network State Farm
#4 $37 30% IntelliDrive Program Travelers
#5 $39 30% Budget Shopping Progressive
#6 $44 40% Vanishing Deductible Nationwide
#7 $45 30% Costco Members American Family
#8 $53 30% Family Plans Farmers
If you aren’t sure where to start, read on for a list of the best companies for Honda owners.
You can also use our free tool to compare Honda auto insurance quotes and get the best deal on your Honda insurance coverage.
- Erie Insurance has the cheapest Honda auto insurance
- Geico and State Farm also have affordable Honda insurance
- Honda auto insurance costs $135 monthly on average for full coverage
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#1 – Erie: Top Pick Overall
Pros
- Personalized policies: Erie makes it easy to personalize policies to meet the individual needs of Honda owners.
- Rate lock: Erie’s rate lock helps keep rates affordable (learn more about its rates in our review of Erie auto insurance).
- Roadside assistance: Erie offers roadside assistance as a coverage option, which is great for Honda breakdowns.
Cons
- Not widely available: Erie auto insurance is only sold in 12 states.
- App glitches: Erie’s mobile insurance app has poor reviews on Google and Apple.
#2 – Geico: Best for Online Convenience
Pros
- Online convenience: Geico’s mobile app is well-rated and makes it easy to manage policies online.
- Multiple discounts: Geico auto insurance discounts offer great saving opportunities for Honda owners.
- Financial stability: Geico has high ratings for financial health, which you can learn more about in our Geico review.
Cons
- No gap insurance: If you own a new Honda, you won’t be able to get gap insurance from Geico.
- Virtual communication: Geico’s customer service is primarily over the phone, as there are few local agents.
#3 – State Farm: Best for Agency Network
Pros
- Agency network: Local State Farm agents are widely available, so Honda owners can easily get in-person help.
- Add-on coverages: State Farm offers rental car insurance and more, which you can learn about in our State Farm review.
- App is well-rated: State Farm’s mobile app has high ratings and makes policy management easy.
Cons
- Agent purchases: State Farm requires the final purchase after getting a quote to be through a State Farm agent.
- High rates for some demographics: State Farm may not have the cheapest rates if Honda drivers have poor credit scores or are young drivers.
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#4 – Travelers: Best for IntelliDrive Program
Pros
- IntelliDrive program: Traveler’s UBI program can help Honda drivers save on their insurance rates (read more: Travelers IntelliDrive App Review).
- Accident forgiveness: Travelers accident forgiveness program helps safe drivers avoid rate increases after an at-fault accident.
- Bundling discount: If Honda owners also purchase a home or renters policy, they can earn a bundling discount. Read more about Travelers discounts in our Travelers review.
Cons
- Not sold in some states: Travelers auto insurance isn’t available in a few states.
- Negative claim reviews: J.D. Power’s rating for customer claims satisfaction wasn’t high for Travelers.
#5 – Progressive: Best for Budget Shopping
Pros
- Budget shopping: Progressive’s Name Your Price tool helps customers determine how much coverage they can afford at their set price.
- Collision insurance perks: Honda owners with collision insurance also get pet insurance coverage if their pet is injured in an accident.
- Accident forgiveness: Progressive offer accident forrgivenss to help drivers avoid rate increasees.
Cons
- UBI program can raise rates: Unsafe drivers who score poorly with Snapshot may see rate increases. Read our Progressive Snapshot review for more information.
- Claims satisfaction: J.D. Power gave Progressive a slightly lower than average rating for claims satisfaction (learn more in our Progressive review).
#6 – Nationwide: Best for Vanishing Deductible
Pros
- Vanishing deductible: Safe drivers will see a decrease in their deductible overtime at Nationwide.
- Customized policies: Honda owners have plenty of coverages to purchase (learn more in our Nationwide review).
- Accident forgiveness: Drivers’ first at-fault accident will be forgiven at Nationwide.
Cons
- Not in all 50 states: Nationwide auto insurance is currently sold in 47 states.
- Higher rates for DUI drivers: While Nationwide is economical for most high-risk drivers, DUI drivers may wish to shop elsewhere.
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#7 – American Family: Best for Costco Members
Pros
- Costco members: Honda drivers who are also Costco members can score deals when purchasing American Family insurance through Costco.
- Add-on coverages: American Family offers personalized policy options with its coverages, which you can learn more about in our American Family review.
- Discount options: American Family offers good driver discounts, bundling discounts, and much more.
Cons
- Not widely available: American Family is currently only available in 19 states.
- Claims processing: Some customers gave American Family’s claims service negative reviews.
#8 – Farmers: Best for Family Plans
Pros
- Family plans: Farmers is great for families looking to insure multiple drivers or multiple cars on one policy.
- Bundling discounts: Farmers offers bundling discounts to drivers who purchase home or renters insurance in addition to car insurance.
- Well-rated app: Farmers auto insurance app makes it easy to manage policies.
Cons
- Customer service: Some customers gave Farmers’ customer service poor ratings.
- Rates may be higher: Some demographics, like teen drivers, won’t find the cheapest rates at Farmers. You can learn more about Farmers’ rates in our Farmers review.
Comparing Honda Auto Insurance Rates
Companies use different methods to set Honda auto insurance rates, meaning you’ll see different quotes depending on the issuer. So, shopping around and comparing average Honda insurance premiums is important.
This table compares average full coverage Honda insurance costs by model:
Honda Auto Insurance Monthly Rates by Model & Coverage Level
| Model | Minimum Coverage | Full Coverage |
|---|---|---|
| Honda Accord | $49 | $131 |
| Honda Accord Hybrid | $56 | $153 |
| Honda Civic | $57 | $154 |
| Honda CR-V | $42 | $114 |
| Honda Fit | $42 | $113 |
| Honda HR-V | $50 | $136 |
| Honda Insight | $70 | $190 |
| Honda Odyssey | $49 | $134 |
| Honda Passport | $54 | $147 |
| Honda Pilot | $49 | $134 |
| Honda Ridgeline | $54 | $147 |
As you compare Honda auto insurance rates, pay close attention to coverage types, limits, costs, and Honda insurance discounts. Below, you can see how rates compare for different coverage types at the cheapest companies.
Honda Auto Insurance Monthly Rates at the 8 Cheapest Companies
Insurance Company Minimum Coverage Full Coverage
Erie $22 $58
Geico $30 $80
State Farm $33 $86
Travelers $37 $99
Progressive $39 $105
Nationwide $44 $115
American Family $45 $117
Farmers $53 $139
One company may offer affordable Honda car insurance for less than the other’s minimum coverage.
Read more:
- Honda Accord Auto Insurance
- Honda CR-V Auto Insurance
- Honda Fit Auto Insurance
- Honda HR-V Auto Insurance
- Honda Passport Auto Insurance
Compare the Auto Insurance Costs Across Honda Models
Exploring the varying costs of auto insurance among Honda models reveals intriguing insights into the diverse factors influencing premiums across vehicles.
| Cost of Auto Insurance for Honda's by Model |
|---|
| Honda Accord |
| Honda Fit |
| Honda HR-V |
| Honda Insight |
| Honda Passport |
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How to Lower Honda Auto Insurance Rates
If you find that auto insurance for your Honda is higher than what you’d like to pay, there are a few ways to lower your premium:
- Increase your credit score: You might wonder how credit scores affect auto insurance rates. A high credit score signals to the insurance company that you’re a safe driver. So, you’ll enjoy lower Honda auto insurance rates if you have good credit.
- Ask for discounts: Check with your company about available Honda auto insurance discounts to confirm which you qualify for and how much it can lower your rates.
- Bundle insurance policies: You can save money by bundling insurance policies if you plan to purchase multiple types of insurance through the same insurance company.
- Update or adjust your coverage: If you’re moving, getting married, or adding a driver to your auto insurance, you can update or adjust Honda insurance coverage to lower your rates.
- Keep a clean driving record: Avoiding speeding tickets, accidents, or other traffic violations will keep your rates as low as possible. If you have a few points on your license, compare auto insurance for drivers with a bad driving record to get affordable Honda car insurance rates.
It’s possible to be torn between two auto insurance companies, especially if Honda auto insurance quotes are competitive. Make sure to check discounts at companies to see which offers the most savings.
You should also consider these factors when choosing between two or more insurance companies:
- Available coverage: Does the company offer the Honda insurance coverage you need? Are there additional coverages available, such as vanishing deductible or accident forgiveness?
- Customer reviews: What do current customers have to say about the insurance company, specifically the customer service and claims process?
Ultimately, when choosing an auto insurance company, you must consider your needs. While your Honda auto insurance quotes may be a significant factor, you should prioritize how much coverage you need. In the event of an accident, the right amount of Honda insurance coverage helps you avoid expensive out-of-pocket costs.
Types of Honda Auto Insurance Coverage
Whether you need Honda Civic insurance, or coverage for your Accord, Odyssey, or other model, all Honda drivers have their pick between standard and optional insurance coverage. You must carry your state’s minimum auto insurance requirements, but anything beyond that is your choice.
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When it comes to standard Honda insurance coverage, liability auto insurance is the minimum. It includes two coverages: property damage and bodily injury liability auto insurance.
If you’re responsible for an accident, your liability policy covers the expenses for property damage and bodily injury you cause to the other individuals involved. However, this leaves you to pick up the bill for what isn’t covered.
Here’s what liability insurance for your Honda doesn’t cover:
- Expenses beyond your policy limit: Liability insurance only covers up to a certain amount, so you’re responsible for anything beyond that limit.
- Property damage to your vehicle: Liability only covers property damage for the other vehicle, so you’ll pay for your vehicle’s repair or replacement.
- Medical bills: Liability only covers the other party’s medical expenses, so you’ll pay for your own medical bills.
If you want protection beyond liability insurance, consider comprehensive and collision insurance:
- Comprehensive: Comprehensive auto insurance covers expenses for property damage resulting from extreme weather, fire, vandalism, theft, and collision with an animal.
- Collision: Collision auto insurance covers property damage expenses following a collision with an object or vehicle.
Read our guide to compare collision vs. comprehensive auto insurance and learn more about these Honda insurance coverages. Both policies come with an auto insurance deductible — the amount you pay before insurance covers any damages — which is often between $100 and $1,000 at the cheapest Honda companies.
It may not be ideal to pay a deductible, but by adding comprehensive and collision to your policy, you can ensure your vehicle repairs have coverage. Further, you’ll get a payout equal to your car’s value if your vehicle gets totaled minus the deductible.
Comprehensive auto insurance is smart for Honda owners. While Hondas are popular for their reliability and safety, they’re unfortunately also popular with thieves. Hondas are regularly on the top 20 list of most stolen vehicles. The latest list notes the Honda CR-V 4WD, Honda Accord, and Honda CR-V.Kristen Gryglik Licensed Insurance Agent
Determining the Right Honda Auto Insurance Coverages for You
You might be wondering, “How much car insurance do I need?” Sometimes, the state minimum isn’t enough, but not all drivers need additional coverage. If you choose to stick with the state minimum required insurance, you’re on the hook for anything your insurance doesn’t cover if you cause an accident.
Rather than stress about potential out-of-pocket expenses, take the necessary steps to ensure you have the right Honda car insurance coverages.
Consider the following when determining which Honda insurance coverages are right for you:
- Location: Your state dictates the minimum amount of insurance coverage you must have.
- Car value: New and higher-value Hondas cost more to repair. Having coverage to pay for these repairs can save you money after a claim but will raise your Honda auto insurance rates.
- Cost of insurance: The more Honda car insurance coverage you have, the higher your premium will be.
- Ownership: Drivers who own or lease their Honda may be required to carry full coverage, often including liability, comprehensive, collision, and gap insurance.
Even if you start with the minimum amount of coverage for your Honda, most auto insurance companies allow customers to update or adjust coverage at any time.
Finding Affordable Honda Auto Insurance Rates
Drivers can get cheap auto insurance rates for their Honda. However, there are various other factors influencing Honda insurance premiums besides vehicle type.
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Since nearly all states have a minimum liability auto insurance requirement, how much Honda car insurance your state requires will affect rates. However, you should consider additional coverages, like Honda full coverage insurance, to protect yourself further.
If you want the best Honda auto insurance quotes, shop around and compare Honda auto insurance rates from different auto insurance companies using our free tool.
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Frequently Asked Questions
Are Hondas expensive to insure?
Yes, Honda auto insurance costs about $135 monthly on average, though rates vary by model, driving profile, insurer, and demographics. That’s slightly higher than the national average for car insurance.
Why is Honda Civic insurance so high?
Wondering why are Honda Civics expensive to insure? The high cost is partly due to its high theft rates.
How much is car insurance for a Honda Civic?
The average Honda Civic insurance cost is $154/mo. However, rates will vary by driver, as the Honda Civic insurance cost for 18-year-old drivers, for example, will be much higher than the cost of insurance for a Honda Civic for 40-year-old drivers.
Are Honda Accords high on insurance?
Auto insurance for a Honda Accord is $131 monthly on average, slightly lower than the overall average for Hondas. On the other hand, you’ll pay around $153 a month for a Honda Accord Hybrid. However, there are various factors influencing Honda insurance premiums, so you won’t know your exact rates until you get a quote.
Which insurance is best for Honda?
In addition to getting car insurance that meets your state’s requirements, it’s recommended to add comprehensive coverage to your policy.
Will the price of my Honda impact my auto insurance rates?
Yes, the price of your Honda affects your insurance rate. Typically, when a vehicle is expensive, repairs are expensive, so the insurance company will charge more for coverage.
What is Honda financial gap insurance?
Honda Financial gap insurance can be an asset if you’re serious about purchasing a Honda Civic or already own one. Honda Financial gap insurance gives you guaranteed asset protection. Gap insurance can help you with your loan if your vehicle gets stolen.
There’s also Honda Care gap insurance, which can waive the difference between what you still owe on your car if you’re financing and the depreciated value of your Honda insurance. You can also be eligible for Honda gap insurance if you lease a vehicle.
The details of Honda Care gap insurance are as follows:
- Provides up to $1,000 towards your deductible on your Honda Civic
- Waives up to $50,000 of any covered losses you might face
- Assists with purchasing a new or pre-owned Honda Civic if yours gets stolen
Consider Honda Care gap insurance if you have a Honda Civic car loan you want to protect.
What does Honda gap insurance cost?
You can expect to pay around $20 per year if you go directly through Honda Financial Services. Avoid purchasing it through a dealership, as it may be more expensive.
What are the worst cars for insurance?
The worst cars to insure are ones that are often stolen or prone to crashing, such as sports cars.
What’s the difference between a Honda Civic and a Honda Accord?
The Honda Accord is a larger vehicle than the Honda Civic, and the Accord costs more to purchase and insure on average.
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Enter your ZIP code below to view companies that have cheap auto insurance rates.
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Jeff Root
Licensed Insurance Agent
Jeff is a well-known speaker and expert in insurance and financial planning. He has spoken at top insurance conferences around the U.S., including the InsuranceNewsNet Super Conference, the 8% Nation Insurance Wealth Conference, and the Digital Life Insurance Agent Mastermind. He has been featured and quoted in Nerdwallet, Bloomberg, Forbes, U.S. News & Money, USA Today, and other leading fina...
Licensed Insurance Agent
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.
