About Honda Car Insurance
When it comes to driving your Honda, we want you to be able to hit the road with insurance at the lowest rate possible. Our free service can help you find excellent insurance coverage for your Honda vehicle by comparing many different providers, our calculator takes just a few minutes to complete and will give you multiple options to choose from.
A Brief History of Honda
Starting as a manufacturer of motorbikes, Honda has come a long way since their early days; evolving into a globally recognized car vehicle manufacturer. Ever since their arrival to North America, the Japanese based company has been making waves and ever increasing in popularity. It was able to do so by ensuring the Honda brand puts a great emphasis on quality and safety when it comes to producing their vehicles.
In regards to maintaining your Honda, on average the costs of collision repairs are much lower for Honda vehicles in comparison to other car manufacturers. While Honda has been enhancing safety features to give their drivers and passengers the best ride possible, reliable car insurance is still mandatory within Canada to help drivers stay safe on the road.
Honda Car Insurance Rates Are on The Rise
Car insurance rates for Hondas have mostly stayed consistent over the last 7 years. There has been a slight overall increase in premiums since 2017. Although there was a minor reduction in 2021, the rates have generally trended upwards. Here’s an updated overview of the Honda insurance premiums in recent years:
Choose the Honda Model with the Best Insurance Rate
When it comes to purchasing a Honda vehicle, drivers should consider a variety of different factors to ensure they are getting the cheapest insurance available to them. Some of these may include:
Hybrid Vehicles
You may be eligible for certain discounts and exclusions from the insurance of your choice in the event that your vehicle is a hybrid. The main hybrid in the range is the Honda Clarity, drivers in Canada will also be to get a new hybrid version of the Accord in 2018.
Choose Your Model
While you may be tempted to drive a vehicle that is sporty, a sedan or compact car might offer a much lower insurance rate. Currently, the most popular car types in Canada are SUVs and Crossover vehicles, especially for families.
Safety First
As mentioned before Honda’s are generally considered to be quite safe but adding some additional extra safety features on your Honda vehicle can reduce your insurance quote ever further. Some of these safety features include options like driver assist, dashcams or parking your car in a garage overnight.
Honda Car Insurance Rates by Model & Year Make
When insuring your Honda, the model you choose impacts the insurance rates you might get. Below is a comprehensive view of the insurance costs for various Honda models from different years.
How Honda Car Insurance Costs Compare to Similar Vehicle Brands
Based on internal customer quote data, our analysis places Honda’s insurance rates in a moderate range relative to other car brands. While Honda’s insurance costs are generally lower than those of luxury brands like Lexus, Audi, and Tesla, they tend to be slightly higher when compared to key competitors in the market. Here’s a brief comparison:
Compare Different Quotes for Honda Vehicles with us Today!
3 Minutes Could Save You Up To $1000! Enter Your Postal Code Below to Compare Quotes From Over 30+ Different Providers and Lock In Your Rate Today.