Honda CR-V insurance rates average $95 a month or $1,140 a year for full coverage. The highest rates are for teens, who pay about $4,167 a year or $347 a month.
Drivers who are looking for an affordable, reliable and safe sport utility vehicle may be interested in the Honda CR-V. While it’s a good idea to review the features and capabilities of any car you’re considering, knowing what the expected price is for the insurance is very important as well.
Due to the Honda CR-V’s size, safety features, and mileage performance, it’s ideal for family lifestyles or people who need an SUV for work.
The CR-V is also a relatively inexpensive vehicle to buy, making it a good choice for people on a tight budget. In addition, if you’re a good driver and go about it the right away, you should expect to pay very little on car insurance. The best thing you can do to find the best rates is to check with multiple car insurance companies.
Honda CR-V insurance companies group all your information together to determine your rates. Check out great and cheap car insurance for your Honda CR-V by entering your ZIP code into our FREE tool above.
Car Insurance Rates for the Honda CR-V
Are Honda CR-Vs expensive to insure? When you’re trying to determine what you’ll pay to insure your Honda CR-V, it’s important to remember that your rates depend on many factors. While insurance providers look at the type of car you’re driving, they also consider the driver’s personal circumstances as well. Some of the other things that are reviewed include:
- Driving record
- Credit score
- Where the applicant lives
- How much the vehicle is driven
Depending on your circumstances, a provider might charge you much more to insure your CR-V than another person with the exact same automobile. Of course, the good news is they could also charge you insurance premiums that are much less.
Although a person’s individual circumstances can have a big impact on their insurance rates, you can get an idea of what you might pay to insure your car by looking at the national averages. What you end up paying for your CR-V’s insurance could be different, but chances are, it will be relatively close.
According to Automobile Magazine, the average annual insurance cost for a 2012 Honda CR-V l is just $1,124. That makes the Honda vehicle one of the more affordable vehicles to insure in North America. To put that figure into perspective, according to the same publication, the average cost to insure a 2012 BMW 1-Series 128i Coupe is $1,703.
Usually, as vehicles get older and lose their value, the cost of insuring them drops as well.
This table shows the average insurance rates for Honda CR-Vs by model year.
|2020 Honda CR-V||$280||$408||$316||$1,140|
|2019 Honda CR-V||$268||$392||$332||$1,128|
|2018 Honda CR-V||$256||$388||$338||$1,118|
|2017 Honda CR-V||$248||$378||$354||$1,116|
|2016 Honda CR-V||$240||$362||$364||$1,102|
|2015 Honda CR-V||$226||$350||$376||$1,088|
|2014 Honda CR-V||$218||$326||$384||$1,064|
|2013 Honda CR-V||$208||$306||$388||$1,038|
|2012 Honda CR-V||$200||$274||$390||$1,000|
|2011 Honda CR-V||$188||$252||$390||$966|
|2010 Honda CR-V||$180||$236||$394||$946|
2020 Honda CR-V insurance costs on average $1,140 a year, but 2018 Honda CR-V insurance costs $1,118 a year.
While these are average costs to insure more recent models of the Honda CR-V, if you follow these tips, you could be offered even lower insurance rates.
Your Driving Record Impacts Your Car Insurance Rates
Not only is driving safely an effective way to protect you and your family, it will reduce your insurance premiums. Insurance providers offer lower rates to drivers they believe are less likely to get in an accident and cost them money. If you’ve already been found responsible for causing a crash, you likely saw your premiums rise.
Avoiding speeding or any other traffic tickets is also a good way to keep a lid on your insurance rates. If an insurance provider sees that you drive dangerously and speed a lot, they’ll charge you more. Nearly every major provider offers discounts to people who have taken driving lessons.
Insurance companies believe that people who have completed driving lessons are more responsible and better drivers. If you haven’t taken any driving courses, you may want to consider doing so. Even if you’re already a great driver, you could save a fair amount of money by taking lessons.
Safety Ratings of the Honda CR-V Affect Car Insurance Rates
While driving safely is a good way to reduce your premiums, so is driving a Honda CR-V that’s received great safety reviews. Durable vehicles with modern safety features are better at protecting their passengers in the event of an accident. The safer the passengers are, the lower the damages that a provider has to pay for will be.
Safety features are one of the key reasons that insurance costs for the Honda CR-V are typically quite low. For example, some of the features the 20130 model comes with include anti-lock brakes, multiple airbags, vehicle stability assist with traction control, and a tire pressure monitoring system.
According to the Insurance Institute for Highway Safety (IIHS), models of the Honda CR-V from 2007 through 2012 received a good rating for impact tests that were done on the front and side of the car. The 2012 model also received a good rating for strength tests that were done on the roof.
Here are the IIHS ratings for the Honda CR-V.
|Small overlap front: driver-side||Good|
|Small overlap front: passenger-side||Good|
|Moderate overlap front||Good|
|Head restraints and seats||Good|
This video shows the IIHS crash test for the 2012 Honda CR-V.
CR-Vs that were built from 2007 through 2011, however, only received a marginal score.
The National Highway Traffic and Safety Administration also administers crash test ratings. Check out the ratings for the CR-V below.
|2020 Honda CR-V SUV FWD||5 stars||5 stars||5 stars||4 stars|
|2020 Honda CR-V SUV AWD||5 stars||5 stars||5 stars||4 stars|
|2020 Honda CR-V HYBRID SUV AWD||5 stars||5 stars||5 stars||4 stars|
|2019 Honda CR-V SUV FWD||5 stars||5 stars||5 stars||4 stars|
|2019 Honda CR-V SUV AWD||5 stars||5 stars||5 stars||4 stars|
|2018 Honda CR-V SUV FWD||5 stars||5 stars||5 stars||4 stars|
|2018 Honda CR-V SUV AWD||5 stars||5 stars||5 stars||4 stars|
|2017 Honda CR-V SUV FWD||5 stars||5 stars||5 stars||4 stars|
|2017 Honda CR-V SUV AWD||5 stars||5 stars||5 stars||4 stars|
|2016 Honda CR-V SUV FWD||5 stars||5 stars||5 stars||4 stars|
|2016 Honda CR-V SUV AWD||5 stars||5 stars||5 stars||4 stars|
The U.S. Department of Transportation’s Safecar.gov website gave the 2013 Honda CR-V 4WD five out of five stars for safety.
Save Money by Raising Your Car Insurance Deductible
If you’re not living check-to-check and you have some savings, then agreeing to pay a higher deductible is a good way to lower your rates. The deductible is how much you agree to pay towards repairs when you file an insurance claim. If you agree to a $1,000 deductible, then that’s how much you’re required to pay towards damages.
The higher the deductible you choose, the less money your provider has to pay out in the event of an incident.
Lower Your Car Insurance Coverage Levels to Save Money
You can also lower the insurance rates for your Honda CR-V by carefully choosing the coverage you buy. Car accidents can easily result in thousands of dollars in damages, so it’s important to carry a good amount of insurance, but you may not need as much as someone else may.
Liability insurance covers the damages to another person or their property in a crash you cause. If you can afford it, carrying more than just the minimum amount of liability insurance required is extremely wise. You don’t want to be on the hook for someone else’s extensive bills.
If you drive an older CR-V, however, you may be able to reduce the amount of collision or comprehensive insurance for it. Collision pays for the repairs your car needs in an accident you cause. Comprehensive pays for damages that occur as a result of something outside of a collision — for example, a hailstorm or a falling piece of debris. An earlier model of the CR-V may not cost much to repair.
If you hardly drive, you may be eligible for a low mileage discount.
If you don’t plan to drive your Honda CR-V very much or live in a sparsely populated area, then you may not need as much insurance. Regardless of a driver’s skills, the more often a car is on the road or in busy traffic, the greater the chance for an accident.
Shop Around for Better Car Insurance Rates
Even if you think you’ve found a great deal on some car insurance, be sure to shop around and compare the prices of other competitors. Insurance providers are always on the lookout for new customers. If you have a good driving record and solid credit rating, then many companies will even offer a discount just to get your business.
A great way to shop for car insurance is to use a website that compares quotes.
Before you buy anything, it’s a good idea to do a quick search to see which companies have received good reviews. While finding cheap insurance is great, you may be sorry that you went with the lowest offer if the company doesn’t provide quality service.
Honda CR-V History
Headquartered in Tokyo, Japan, Honda is one of the world’s largest automobile manufacturers. According to the company’s official website, it began building cars in 1963, and by 2003, Honda had produced 50 million units worldwide.
Honda conducts its operations based on its Three Joys, which are the joy of buying, the joy of selling, and the joy of creating.
The Honda CR-V is one of the manufacturer’s longest-running SUV series, but due to its compact size, the vehicles are often referred to as crossovers. In fact, because of the vehicle’s design, it’s often said that the CR-V stands for compact recreational vehicles.
Honda has been building the four-door CR-V since 1995. In recent years, the vehicle has evolved from a larger SUV into the more compact crossover models that are on the market today.
There are several different versions of the 2013 Honda CR-V, some of which include the two-wheel-drive LX, the two-wheel-drive AX, and the four-wheel-drive EX-L. All of the vehicles come equipped with a 2.4 liter, four-cylinder engine that delivers 185 horsepower.
The latest model gets approximately 23 miles per gallon while driving in the city. On the highway, the 2013 Honda CR-V can get as much as 31 miles per gallon. According to the official Honda CR-V website, the vehicle ranges in price from just under $23,000 to slightly above $30,000.
Frequently Asked Questions: Honda CR-V Insurance Rates
Did we miss anything? Take a look at the frequently asked questions below.
#1 – How much should I pay for a 2020 Honda CR-V?
When shopping around, it always helps to check a site such as Kelley Blue Book to see how much a car should be going for. The MSRP for a 2020 Honda CR-V is a little bit above $26,000.
That’s for the U.S. Honda CR-V; vehicle and insurance costs in India or GB will be quite different.
#2 – Is a Toyota or Honda cheaper to insure?
This comes down to a lot of factors, including which specific vehicle you’re trying to insure. Both Hondas and Toyotas are typically on the cheaper end, as they usually have good safety ratings and features.
#3 – What is the road tax on a Honda CR-V?
If you have your Honda CR-V in the UK, you can expect to pay between £140-£150 a year for road taxes.
#4 – What are the cheapest vehicles to insure?
What are the least expensive cars to buy car insurance for? The Honda CR-V is actually pretty cheap to insure, but other vehicles like the Subaru Outback and Ford Escape are also cheap.
#5 – Why is Honda Civic insurance so high?
Despite solid safety ratings, the Honda Civic can sometimes have higher car insurance than comparable sedans. One of the reasons is because it is stolen often.
The National Insurance Crime Bureau reports that the Honda Civic is the single most stolen vehicle in the country. That’s one of the reasons Honda Civic insurance costs more.