Do you know what is the Honda CR-V Insurance Cost? Where can you get the best Honda CR-V Insurance Rates?
Compare Honda CR-V Insurance quotes to let you decide the best way to ensure you are getting your best deal. Mount Shine’s comparison of CR-V insurance rates will help you save money on your next policy and make the best financial decision.
Learn what factors affect your spending decision while paying for car insurance, look at Honda CR-V insurance quotes, payment options, etc. United States best Insurance companies, banks that provide loans, joint auto loans, EMI options available, and how you can save your money on car insurance.
Let’s See What It Costs to Insure a Honda CR-V and Which Option Is Best.
The average price of Honda CR-V insurance is $1,206 per year, or $101 per month for full coverage, depending on the features/trim level of the car. If you own a Honda CR-V 2021 and are planning to buy Honda CR-V insurance, the cheapest Honda CR-V is the EX 2WD at around $1,130 per year, or about $94 per month. Choosing a used Honda CR-V over a new 2021 model could save you $278 or more per year on insurance.
How Much Does Honda CR-V Car Insurance Cost in 2021?
The average price of Honda CR-V insurance is $1,206 per year, or $94 to $110 per month for full coverage, depending on the trim level. Average CR-V insurance rates are $1,357 a year, making the Honda CR-V $151 cheaper each year.
We compared Honda CR-V Insurance costs according to age, starting from 17 to 60 years old.
Honda CR-V Insurance Cost for a 17-year-old driver on average is $4,006. Rates for an 18-year-old driver drop slightly, with an average cost of $3,748.
Honda CR-V Insurance Cost by Driver Age and Deductibles
|Driver Age||Deductible||Annual Cost||Monthly Cost|
By looking at the data above, monthly Honda CR-V insurance rates range from $168 to $105 per month.
5 Factors That Affect Honda CR-V Insurance Rates
The variation in insurance rates for the Honda CR-V is caused by a number of factors. Drivers’ age, used car model, location, zip codes, etc. are a few to mention. Let us see them one by one to know what the Honda CR-V insurance rates will be in different scenarios.
1. Policy of Liability-Only Insurance
For a liability-only insurance policy for a Honda CR-V, the lowest rates might be in Maine or Virginia, costing $222 a year. If compared to urban New Orleans, Louisiana, it could be as much as $13, 540 a year for a policy with full coverage area for a newly licensed driver with an at-fault accident.
2. Car Insurance For Teenagers
Honda CR-V Insurance cost is expensive for teenagers that average around $4,276 annually for a 16-year old driver, $3,748 per year for a 17-year-old driver, and $3,748 per year for an 18-year-old driver.
3. Insurance Discounts for Honda CR-V
Whenever there is a discount on the insurance, it will be cheap to insure the Honda CR-V.
Insurance companies do offer discounts in some cases, such as if you are a veteran, a member of the United States Army, a senior citizen, insure multiple vehicles on the same policy, deal with the same insurer for house insurance, and so on. Also, there are good deals available on Black Friday or Cyber Monday, and if the vehicle is accident-free, customers can save as much as $204 per year.
4. Age Factor
The age factor is one of the biggest factors in how much insurance costs for a Honda CR-V.
For a 20-year old male, average Honda CR-V insurance costs $2,392 per year in 2021, and for a 20-year old female, $1,770 is the cost to insure the Honda CR-V, making a difference of $622. If we talk about a 50-year-old male driver, the cost is $1,100, and rates for female drivers are $1,076, a difference of only $24.
A 60-year-old driver pays $1,078 for Honda CR-V insurance, and when compared to a 20-year-old driver, it makes a difference of 54.9%.
5. A higher deductible results in a lower cost and vice versa.
Raising deductibles can lead to lower costs on your Honda CR-V insurance. From $500 to $1,000, it could save a 40-year-old driver $194 per year and a 20-year-old driver $378 per year.
Lowering your deductibles from $500 to $250 could cost an extra $200 per year for a 40-year-old driver and $398 per year for a 20-year-old driver.
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What Is The Cheapest CR-V To Insure?
Let’s find out which is the cheapest Honda CR-V car to insure depending on the trim level. The cheapest Honda CR-V insurance is the EX 2WD trim level, which ranges from $1,130 to $1,314 per year. One of the factors that affect the increase in costs is the trim level, so let’s say if the trim level increases, the cost of car insurance also increases.
The second cheapest Honda CR-V to insure is the LX 2WD at $1,130 per year.
The three most expensive CR-V models to insure are the EX-L 4WD, Touring 2WD, and Touring 4WD trim levels, which cost $1,222, $1,282, and $1,314 per year, respectively.
From the table given below, you can analyze the annual, semi-annual, and monthly costs for insuring the different trims and styles of the Honda CR-V available.
2021 Honda CR-V Insurance Cost by Trim Level
|Honda CR-V Trim Level||Annual Policy||6-month Policy||Per Month|
How Much Does a Used Honda CR-V Insurance Cost?
While we were doing our research, we got to know that consumers were looking more for How much does insurance for a used Honda CR-V cost? How much do they have to pay for a 2013 model? Or if I own a 2021 Honda CR-V, which company should I opt for?
Compare average Honda CR-V insurance rates for the 2013 to 2021 model years on annually, 6-months, and per month.
Honda CR-V Insurance Cost for 2013-2021 Models
|Model Year and Vehicle||Annual Rate||6-month Rate||Monthly Rate|
|2021 Honda CR-V||$1,206||$603||$101|
|2020 Honda CR-V||$1,176||$588||$98|
|2019 Honda CR-V||$1,108||$554||$92|
|2018 Honda CR-V||$1,096||$548||$91|
|2017 Honda CR-V||$1,066||$533||$89|
|2016 Honda CR-V||$1,052||$526||$88|
|2015 Honda CR-V||$1,018||$509||$85|
|2014 Honda CR-V||$974||$487||$81|
|2013 Honda CR-V||$928||$464||$77|
What Is the Cost of Honda CR-V Liability Insurance?
If you want to save money on Honda CR-V insurance, then opting out of the physical damage insurance coverage on older models can save you up to $484 per year. Yes, physical damage will affect the cost of insurance, but you will still end up saving money.
Now, let us get to know the liability insurance cost for the Honda CR-V for the 2002 to 2012 model years.
Honda CR-V Insurance Rates for 2002 to 2012 Model Years
|Vehicle Model Year||Full Coverage Insurance||Liability Insurance|
|2012 Honda CR-V||$894||$446|
|2011 Honda CR-V||$870||$444|
|2010 Honda CR-V||$844||$440|
|2009 Honda CR-V||$810||$436|
|2008 Honda CR-V||$782||$432|
|2007 Honda CR-V||$752||$430|
|2006 Honda CR-V||$720||$422|
|2005 Honda CR-V||$692||$416|
|2004 Honda CR-V||$684||$412|
|2003 Honda CR-V||$670||$408|
|2002 Honda CR-V||$650||$404|
How Much Does Honda CR-V Insurance Cost Near Me?
Your insurance policy will always vary depending on your address and which state of the United States you live in. CR-V insurance rates may differ in New York as compared to Ohio or Miami. Plus government taxes may affect the insurance rates for Honda CR-V.
How To Apply For Honda CR-V Insurance?
The rates may vary from different states, companies, and manufacturing years of Honda CR-V. The best way to insure the cheapest or the most reliable option is to research well before buying auto car insurance for Honda CR-V. Let Mount Shine help you, we have a wide network of the United States’ best insurance companies, their offers, payment options, costs, etc. Check yourself for the Honda CR-V price and then buy/renew.
Get free quotes, buy/renew, save money on Honda CR-V Insurance by contacting us. Our service is free, fast, and simple, so get started today!