Honda is a standout among the many automakers on our site for being one of the cheapest brands to insure, in addition to being well-known for its reliability and comprehensive bumper-to-bumper warranties.
Honda is the second-largest Japanese auto manufacturer and the world’s largest manufacturer of internal combustion engines and motorcycles. Co-Founded in 1948 by Soichiro Honda and Takeo Fujisawa in Japan, Honda manufactures road cars, motorcycles, racing cars, mountain bikes, engines, aircrafts and even robots.
By 1959, Honda was established in Los Angeles and became the world’s largest motorcycle manufacturer. In 1986, Honda became the first Japanese auto manufacturer to release a luxury brand, Acura.
Additionally, Honda is known for their participation in motorsports, such as Formula One, Motorcycle Grand Prix, Superbike racing and IndyCar racing.
Thanks to innovative engine technology, Honda leads the way in electric and alternative fuel vehicles. They have created initiatives to reduce their environmental footprint through creating sustainable products and processes.
The automaker is focused on reducing the environmental impact in all areas of operation from building higher-efficiency engines to creating green energy dealerships.
Hondas are some of the longest lasting vehicles on the road and have impressive safety features and gas mileage. According to research by the Insurance Institute for Highway Safety, Hondas are cheaper to repair than other vehicles. Their research is based on insurance losses and reflects the frequency of claims and the average loss of payment per claim.
In fact, the Honda Odyssey has earned five-star crash ratings from the National Highway Traffic Safety Administration for several years in a row.
Looking at past years, from 1990-2010, numerous Honda models have earned a five- star safety rating. Newer models from 2011 and beyond, such as the 2016 Honda CR-V SUV AWD include rearview video systems, forward collision warning systems and lane departure warning systems.
When researching insurance quotes, remember that more safety features usually means more savings.
The data on our site is compiled from public insurance state fillings and includes the top five carriers, and samples a typical, middle-aged male driver. Though the average car insurance rate is $113, most states’ fall below this average, once again making Honda a cheaper car to insure than other brands.
Honda AVERAGE MONTHLY INSURANCE RATES
NATIONAL AVERAGE :$113
These are actual average rates for all 50 states. The state with the cheapest average rates for this vehicle is Maine at $68, and the state with the most expensive rates is at $. The overall average is $113.
Shop on our site to see how much you can save on your Honda car insurance rates.
This data is compiled from public insurance state fillings and includes the top 5 carriers, and samples a typical, middle-aged male driver.Source: Quadrant