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. MyChoice can help you find excellent insurance coverage for your Honda vehicle in less than 3 minutes. Get a quote with us today and we will give you multiple options to choose from.
How Much Does it Cost to Insure Your Honda in Canada?
On average, it costs around $1,181 per year to insure your Honda in Canada. The price will vary depending on your Honda model, year make, region you’re living in and your driving history.
How Honda Insurance Rates 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 compared to key competitors in the market. Here’s a brief comparison:
Honda Car Insurance Rates Through The Years
Car insurance rates for Hondas have increased slightly over the last 4 years. 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:
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.
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:
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 in North America, the Japanese-based company has been making waves and has been 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 its 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 in Canada to help drivers stay safe.
Frequently Asked Questions About Honda Insurance
How much is insurance for a Honda Civic 2024?
The average annual car insurance rate for the Honda Civic DX 4DR 2024 model in Canada is $1,376.
What is the cheapest Honda car to insure?
Honda Ridgeline is the cheapest model to insure in Canada with the average annual car insurance rate being $809 for a 2024 model.
What is not covered by the Honda warranty?
Oil changes, tire rotations, and brake pad replacements are not covered by the official Honda warranty.