Honda CR-V Car Insurance Cost 2024

Jason MetzLead Editor, Insurance

As a former claims handler and fraud investigator, Jason Metz has worked on a multitude of complex and multifaceted claims. The insurance industry can be seemingly opaque, and Jason enjoys breaking down confusing terms and products to help others make well-informed decisions.

Jason Metz

Jason MetzLead Editor, Insurance

Lead Editor, Insurance

Penny GusnerInsurance Writer and Analyst

Penny Gusner is a senior insurance writer and analyst at Forbes Advisor. For more than 20 years, she has been helping consumers learn how insurance laws, data, trends, and coverages affect them. Penny enjoys translating the complexities of insurance into easy-to-understand advice and tips to help consumers make the best choices for their needs. Her work has been featured in numerous major media outlets, including The Washington Post and Kiplinger’s.

Fact Checked

Penny Gusner

Penny GusnerInsurance Writer and Analyst

Insurance Writer and Analyst

Fact Checked

Updated: May 8, 2024, 7:14am

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations.

Honda

Honda CR-V car insurance at a glance:

Average car insurance rate for a 40-year-old driver: $1,846 a year
Most affordable insurance companies for Honda CR-V auto insurance: Nationwide, Travelers, USAA*
Lowest-cost state for CR-V insurance: Vermont
Highest-priced state for CR-V insurance: Louisiana

Honda CR-V Insurance Costs by Company

Honda CR-V owners can potentially save significant money by comparing car insurance quotes among several insurers. Among the large insurance companies we analyzed, Nationwide offers the cheapest car insurance for a CR-V. The next cheapest in our evaluation was Travelers.

Honda CR-V Insurance Costs by State

State-to-state variations in Honda CR-V auto insurance rates are commonly affected by factors such as past claims for the CR-V, medical expenditures, repair costs and state insurance laws. If you’re shopping for insurance for a CR-V, Louisiana ranks as the priciest, with Vermont claiming the spot as the most economical state.

Cost of Insurance for a Honda CR-V Based on Driver Age

In our analysis, 60 stands out as the most budget-friendly age for insuring a Honda CR-V.

By comparison, CR-V owners age 20 will get the highest rates.

There are multiple factors that go into determining your own car insurance quotes. These usually include your driving record, your address (where you keep the vehicle), annual mileage, your credit-based insurance score (car owners with lower credit pay more), your past car insurance claims, the model of the vehicle, any recent lapse in your auto insurance and the types and amount of insurance you have.

How to Save Money on Honda CR-V Car Insurance

There are several ways you can lower car insurance costs, such as:

Check out vehicle insurance quotes. Car insurance companies each have their own formula for pricing insurance for a Honda CR-V. The best way to find a competitive cost is to compare car insurance quotes from several companies.
Find the right amount of car insurance. While you want to make sure you have enough insurance, you also don’t want to overpay for insurance you don’t need for a CR-V. Here are tips for deciding how much car insurance you need.
Maintain a good credit score. Insurers in most states can use your credit-based insurance score as a price factor. But not all insurers give credit the same weight in pricing, which is why it’s wise to get several quotes.
Increase your car insurance deductible. The higher your car insurance deductible, the less you pay in premiums. Typical deductible amounts range from $250 to $2,000 and up.

Methodology

Unless otherwise noted, rates are based on a 40-year-old female with a good driving record and insuring a new vehicle. Rates shown are for coverage of $100,000 in bodily injury liability coverage per person, $300,000 per accident and $100,000 in property damage liability (100/300/100), uninsured motorist coverage, collision and comprehensive insurance with a $500 deductible, and any other coverage required in a state. Source: Quadrant Information Services.

*USAA car insurance is available only to military members, veterans and their families.