Honda Auto Insurance (2023)

As you compare Honda auto insurance rates, pay close attention to coverage types, limits, costs, and Honda insurance discounts. One company may offer affordable Honda car insurance for less than the other, but you don’t want to sacrifice the coverage you need to save a couple of bucks.

Read more:

• Honda Accord Auto Insurance
• Honda CR-V Auto Insurance
• Honda Fit Auto Insurance
• Honda HR-V Auto Insurance
• Honda Passport Auto Insurance

How to Lower Honda Auto Insurance Rates

If you find that auto insurance for your Honda is higher than what you’d like to pay, there are a few ways to lower your premium:

• Increase your credit score. You might wonder how credit scores affect auto insurance rates. A high credit score signals to the insurance company that you’re a safe driver. So, you’ll enjoy lower Honda auto insurance rates if you have good credit.
• Ask for discounts. Check with your company about available Honda auto insurance discounts to confirm which you qualify for and how much it can lower your rates.
• Bundle insurance policies. You can save money by bundling insurance policies if you plan to purchase multiple types of insurance through the same insurance company.
• Update or adjust your coverage. If you’re moving, getting married, or adding a driver to your auto insurance, you can update or adjust Honda insurance coverage to lower your rates. 
• Keep a clean driving record. Avoiding speeding tickets, accidents, or other traffic violations will keep your rates as low as possible. If you have a few points on your license, compare auto insurance for drivers with a bad driving record to get affordable Honda car insurance rates.

It’s possible to be torn between two auto insurance companies, especially if Honda auto insurance quotes are competitive. However, you should consider these factors when choosing between two or more insurance companies:

• Available coverage: Does the company offer the Honda insurance coverage you need? Are there additional coverages available, such as vanishing deductible or accident forgiveness?
• Discounts offered: What Honda insurance discounts are available, and do you qualify for them? For example, if you go to school, speak with your insurance company to learn how to get a good student auto insurance discount.
• Cost: How much does it cost to get the Honda insurance coverage you need? Does the company have affordable Honda insurance rates?
• Customer reviews: What do current customers have to say about the insurance company, specifically the customer service and claims process?

Ultimately, when choosing an auto insurance company, you must consider your needs. While your Honda auto insurance quotes may be a significant factor, you should prioritize how much coverage you need. In the event of an accident, the right amount of Honda insurance coverage helps you avoid expensive out-of-pocket costs.

Types of Honda Auto Insurance Coverage

Whether you need Honda Civic insurance, or coverage for your Accord, Odyssey, or other model, all Honda drivers have their pick between standard and optional insurance coverage. You must carry your state’s minimum auto insurance requirements, but anything beyond that is your choice.

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When it comes to standard Honda insurance coverage, liability auto insurance is the minimum. It includes two coverages: property damage and bodily injury liability auto insurance.

If you’re responsible for an accident, your liability policy covers the expenses for property damage and bodily injury you cause to the other individuals involved. However, this leaves you to pick up the bill for what isn’t covered.

Here’s what liability insurance for your Honda doesn’t cover:

• Expenses beyond your policy limit: Liability insurance only covers up to a certain amount, so you’re responsible for anything beyond that limit.
• Property damage to your vehicle: Liability only covers property damage for the other vehicle, so you’ll pay for your vehicle’s repair or replacement.
• Medical bills: Liability only covers the other party’s medical expenses, so you’ll pay for your own medical bills.

If you want protection beyond liability insurance, consider comprehensive and collision insurance:

• Comprehensive: Comprehensive auto insurance covers expenses for property damage resulting from extreme weather, fire, vandalism, theft, and collision with an animal. 
• Collision: Collision auto insurance covers property damage expenses following a collision with an object or vehicle. 

Read our guide to compare collision vs. comprehensive auto insurance and learn more about these Honda insurance coverages. Both policies come with an auto insurance deductible — the amount you pay before insurance covers any damages — which is often between $100 and $1,000.

It may not be ideal to pay a deductible, but by adding comprehensive and collision to your policy, you can ensure your vehicle repairs have coverage. Further, you’ll get a payout equal to your car’s value if your vehicle gets totaled minus the deductible.

Determining the Right Honda Auto Insurance Coverages for You

You might be wondering, “How much car insurance do I need?” Sometimes, the state minimum isn’t enough, but not all drivers need additional coverage. If you choose to stick with the state minimum required insurance, you’re on the hook for anything your insurance doesn’t cover if you cause an accident. 

Rather than stress about potential out-of-pocket expenses, take the necessary steps to ensure you have the right Honda car insurance coverages.

Consider the following when determining which Honda insurance coverages are right for you:

• Location: Your state dictates the minimum amount of insurance coverage you must have. 
• Car value: New and higher-value Hondas cost more to repair. Having coverage to pay for these repairs can save you money after a claim but will raise your Honda auto insurance rates.
• Cost of insurance: The more Honda car insurance coverage you have, the higher your premium will be. 
• Ownership: Drivers who own or lease their Honda may be required to carry full coverage, often including liability, comprehensive, collision, and gap insurance. 

Even if you start with the minimum amount of coverage for your Honda, most auto insurance companies allow customers to update or adjust coverage at any time. 

What is Honda Financial GAP insurance? 

Honda Financial GAP insurance can be an asset if you’re serious about purchasing a Honda Civic or already own one. Honda Financial GAP insurance gives you guaranteed asset protection. GAP insurance can help you with your loan if your vehicle gets stolen.

There’s also Honda Care GAP insurance, which can waive the difference between what you still owe on your car if you’re financing and the depreciated value of your Honda insurance. You can also be eligible for Honda GAP insurance if you lease a vehicle.

The details of Honda Care GAP insurance are as follows: 

• Provides up to $1,000 towards your deductible on your Honda Civic
• Waives up to $50,000 of any covered losses you might face
• Assists with purchasing a new or pre-owned Honda Civic if yours gets stolen

Consider Honda Care GAP insurance if you have a Honda Civic car loan you want to protect.

What does Honda GAP insurance cost? 

You can expect to pay around $20 per year if you go directly through Honda Financial Services. Avoid purchasing it through a dealership, as it may be more expensive.

Finding Affordable Honda Auto Insurance Rates

Drivers can get cheap auto insurance rates for their Honda. However, there are various other factors influencing Honda insurance premiums besides vehicle type.

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Since nearly all states have a minimum liability auto insurance requirement, how much Honda car insurance your state requires will affect rates. However, you should consider additional coverages, like full coverage, to protect yourself further.

If you want the best Honda auto insurance quotes, shop around and compare auto insurance rates from different auto insurance companies. You can also ask insurance companies you’re consider what Honda insurance discounts they offer.