Average Honda insurance cost in Canada
The average Honda car insurance cost is $243 a month, or $2,912 a year. The manufacturer’s vehicles are affordable and generally very safe, which keeps insurance premiums down. However, some Honda models are more likely to be targeted by car thieves, which tends to raise premiums.
Honda insurance rates by model
Model | Monthly insurance rate | Base car price |
---|---|---|
Accord | $249 | $34,090 |
Civic | $265 | $23,475 |
Clarity | $260 | $46,290 |
CR-V | $190 | $31,760 |
Fit | $267 | $18,075 |
HR-V | $260 | $27,155 |
Insight | $251 | $30,260 |
Odyssey | $267 | $45,060 |
Passport | $220 | $45,260 |
Pilot | $248 | $44,560 |
Ridgeline | $192 | $46,310 |
Get free online Honda insurance quotes
How a vehicle from Honda affects the cost of insurance
Honda’s reputation for reliability helps keep insurance costs down. Their good safety ratings and relatively affordable price tag also works in your favor. Cars that aren’t costly to repair or replace attract lower insurance premiums. However, some models land on the top stolen vehicles list, which will increase the cost of insurance.
Unless you have a very old car model, you shouldn’t have any trouble securing insurance for your Honda.
Pros and cons of insuring a Honda
Pros
- Reliable
- Affordable
- Good safety ratings
Cons
- Some models are targeted by car thieves
About the Honda brand
The Honda Motor Company was born quietly on Sept. 24, 1948. The newspapers didn’t trumpet the company’s founding day, as it was a newspaper holiday. Neither did they mention Honda the following day: News of the post-WWII peace process took precedence.
Today, you can find Honda’s vehicles everywhere. Honda is the seventh-largest auto manufacturer in the world, and several of its models — including the Accord, Civic and CR-V — are constant bestsellers.
What’s Honda Sensing?
Honda Sensing is a suite of safety and driver assistance technologies. Safety features include lane-keep assistance, adaptive cruise control, road departure mitigation, collision mitigation braking, lane departure warning and forward collision warning. The driver-assistance technology included in Honda Sensing can include lane watch, blind spot indication, cross traffic monitoring and auto high-beam headlights.
Bottom line on Honda insurance
Hondas are affordable to purchase and affordable to insure. However, some Honda models have a higher likelihood of being stolen, which negatively impacts your insurance premium. That’s why it’s important to shop around to find the best car insurance for your situation.
Frequently asked questions about Honda car insurance
More guides on Finder
-
Jeep insurance rates
Compare Jeep car insurance rates by model.
-
Toyota Camry insurance rates
The average Toyota Camry car insurance cost is $440 a month, or $5,280 a year. Compare different insurance providers to find the best price.
-
Mazda insurance rates
The average cost of insurance for a Mazda is around $360 a month, or $4,323 per year. Compare the insurance rates of different Mazda models.
-
Toyota RAV4 insurance rates
Toyota Rav4 car insurance can cost around $416 a month, or $4,992 a year. Learn what factors affect your rate and compare providers.
-
Mazda CX-5 insurance rates
Get an idea of how much you could pay for car insurance if you drive a Mazda CX-5.
-
Car maintenance costs
Discover what goes into car maintenance costs, ways to save and how you can pay for repairs with our helpful guide.
-
How to save by adding kids to parents’ car insurance
Find out how long children can stay on their parents’ car insurance policy and how to save on shared car insurance.
-
Is it illegal to sleep in your car?
Some cities ban the practice, but otherwise you can overnight legally at designated parking areas.
-
ATV insurance: How it works
Learn how ATV insurance works, why you need it and how to get cover.
-
What is gap insurance and how does it work?
Your guide to gap insurance, what it covers and whether it’s worth it.