Compare the Cost of Honda CR-V Insurance by Model Year and Company

Q: What company has the cheapest car insurance for a Honda CR-V?

State Farm has the cheapest car insurance for a Honda CR-V, with an average cost of $467 per year for a minimum coverage policy and $984 per year for a full coverage policy. It is cheaper than the average cost of car insurance for a Honda CR-V , which is $1,249 per year. Other factors, like the model year and your age, can affect the cost of your car insurance. It’s best to shop around to find the most affordable option.

Q: What company offers the best car insurance for a Honda CR-V?

State Farm offers the best car insurance for a Honda CR-V . It received a MoneyGeek score of 90 out of 100 for being the most affordable company while giving the best customer satisfaction, meaning you won’t have to pay expensive premiums to get quality service. On average, full coverage car insurance for a Honda CR-V from State Farm costs $984 annually. We also recommend GEICO , as it came in second place. A policy from this company for the same car costs $1,036 per year.

A Honda CR-V is relatively cheap to insure at an average annual cost of $1,249. State Farm offers the cheapest Honda CR-V insurance at $984 annually. Rates can differ based on your car’s model year, your age and insurer.

By Mark Fitzpatrick

Edited by Casie McCoskey

Updated: October 25, 2024

Advertising & Editorial Disclosure

Rates depend on factors like the driver’s age and the model year of their car. For example, a full coverage policy for a 2009 Honda CR-V costs $1,135 annually, while the same policy on a 2022 Honda CR-V will cost $1,334. Age is another crucial factor. A policy for a 16-year-old driver with a 2022 Honda CR-V will cost $5,996 annually, but only $1,334 per year for a 40-year-old.

MoneyGeek rated the best insurers for a Honda CR-V, highlighting the providers with the best balance of affordability and customer service.

Car Insurance CostsHonda CR-V

2024

Table of Contents

Cheapest Insurer - State Farm

Best Insurer - State Farm

Runner-Up - GEICO

Costs by Model Year

Costs by Driver Age

Costs by Location

Why Trust MoneyGeek? To study the average rates for a Honda CR-V, we gathered thousands of quotes for car insurance from Quadrant Information Services.

We updated the rates based on the average cost of car insurance for a Honda CR-V for 2023.

10Companies Compared

41,832 Quotes Analyzed

Average Cost and Cheapest Companies for Insuring a Honda CR-V

The average cost of car insurance for a Honda CR-V is $1,249 per year, but the company you choose can significantly impact your rates. The cheapest car insurance for the Honda CR-V is from State Farm, costing an average of $467 per year for a minimum coverage policy and $984 per year for a full coverage policy.

On the other hand, Farmers has the most expensive premiums for the same car. A minimum coverage policy costs $723 per year, while a full coverage policy costs $1,459 per year, on average.

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Age

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Age:40

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Coverage:Full Coverage


State Farm	$984
GEICO	$1,036
Travelers	$1,193
Nationwide	$1,203
Allstate	$1,318
Progressive	$1,338
Farmers	$1,459

Is a Honda CR-V Expensive to Insure?

Several factors can determine the cost of your car insurance. Honda CR-Vs are relatively cheap to insure due to their low horsepower and low Manufacturer Suggested Retail Price (MSRP).

More affordable cars are cheaper to repair, resulting in lower premiums. The Honda CR-V also has a low horsepower compared to other vehicles, meaning it’s less powerful and has a lower chance of getting into major accidents. These factors lead to fewer and less expensive claims, so insurers don’t charge excessive premiums for this car model.

Best Companies for Insuring a Honda CR-V

Finding the best car insurance for a Honda CR-V means looking at rates, service and claims experience. MoneyGeek’s top recommendations are:

State Farm: MoneyGeek score 90 out of 100 ($984 per year)
GEICO: MoneyGeek score 89 out of 100 ($1,036 per year)

State Farm is the most affordable insurer for a Honda CR-V. It also has the highest ranking score for customer satisfaction, which means it strikes an outstanding balance of cost and service.

MoneyGeek Top Pick: State Farm

pros

Most affordable rates for a Honda CR-V

Highly rated customer service

Has rental car reimbursement coverage and roadside assistance

cons

Coverages offered are limited

Received low score for claims satisfaction

COMPANY HIGHLIGHTS

State Farm doesn’t provide many coverage options, but it does offer rental reimbursement and roadside assistance. Both coverages will help keep you on the road if your Honda CR-V needs repairs.

Rental reimbursement covers the cost of your rental car while your car is not driveable, like when it’s in the shop for repairs. It’s subject to daily and overall limits for each claim. This coverage will immediately apply if you cannot drive your car or if it’s unsafe to drive. For repairs, coverage will start on day one of work on the car and ends once it’s driveable again.

Roadside assistance takes care of you in the event of any emergencies while you’re on the road. It provides towing, locksmith, gas or oil delivery, jumpstarting, tire changing and other urgent services. This coverage can protect you from these unexpected costs adding up.

Read MoneyGeek's State Farm Auto Insurance Review

MoneyGeek Runner-Up: GEICO

pros

Affordable rates for Honda CR-V

Good customer satisfaction rating

Offers Mechanical Breakdown Insurance (MBI)

cons

Doesn't offer gap insurance or OEM (Original Equipment Manufacturer) coverage

Low claims management score

COMPANY HIGHLIGHTS

GEICO is an affordable insurance provider for your Honda CR-V, offering highly rated customer service and unique coverage options. If your Honda CR-V is realtively new, you can add MBI to your policy. This coverage is available for cars less than 15-months-old and less than 15,000 miles on them. MBI covers the repairs and replacements on your vehicle without a set limit on parts or shops. As a result, you can save money on repairs because all parts can be covered by your policy whenever needed.

You can also include accident forgiveness on your policy to help you save on your premiums. This coverage prevents your rates from increasing after an at-fault accident. GEICO can add it to your policy for free if you remain claim-free for a period of time. You can also add it to your policy for an additional premium.

Cost of Insuring a Honda CR-V by Model Year

The average cost of car insurance for a full coverage policy on a 2009 Honda CR-V is $1,135 per year, while it costs $1,334 per year to insure a 2022 Honda CR-V. More recent model years are usually more expensive to insure because they have higher market values than older models.

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Age:40

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Coverage:Full Coverage


2022	$1,334
2021	$1,301
2020	$1,263
2019	$1,277
2018	$1,267
2017	$1,224
2016	$1,234
2015	$1,220
2014	$1,174
2013	$1,180
2012	$1,161
2011	$1,125
2010	$1,142
2009	$1,135

Model year and your choice of insurer will significantly impact the average cost of car insurance for a Honda CR-V. State Farm is the cheapest company for a 2009 model, with an average of $882 annually for a full coverage policy, and Nationwide is the most affordable for a 2022 model at $1,099 annually. The most expensive company is Farmers, at an average of $1,347 per year for a 2009 model and $1,615 per year for a 2022 model.

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Model Year:2022

Age

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Age:40

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Coverage:Full Coverage


Nationwide	$1,099
State Farm	$1,105
GEICO	$1,135
Travelers	$1,273
Progressive	$1,399
Allstate	$1,565
Farmers	$1,615

Cost of Insuring a Honda CR-V for 16- to 25-Year-Olds

Age is a significant factor affecting premiums since car insurance for younger drivers is much more expensive than car insurance for adults. For a full coverage policy on a Honda CR-V, 16-year-old drivers pay an annual average of $5,557, while 40-year-old drivers only pay an average of $1,217 annually. Although premiums decrease for teens as they get older, rates will begin to stabilize in their 20s. Taking advantage of young driver discounts can make teen car insurance more affordable.

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Coverage:Full Coverage


16	$5,557
17	$4,514
18	$3,956
19	$2,732
20	$2,473
21	$1,902
22	$1,760
23	$1,637
24	$1,555
25	$1,406

Adding teenage drivers to a family plan is the cheapest way to get car insurance for teens, as getting an individual policy for a teenage driver is much more expensive. The most affordable individual full coverage policy for a 16-year-old driving a 2009 Honda CR-V is from State Farm, at an average annual cost of $2,781. Meanwhile, the same plan costs $7,050 on average from Farmers. If you’re looking for car insurance for teens, it’s best to shop around and compare quotes to find the cheapest premiums.

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Age:16

Model Year

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Model Year:2022

Coverage

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Coverage:Full Coverage


State Farm	$3,522
Nationwide	$4,229
Travelers	$4,998
GEICO	$5,334
Allstate	$7,304
Progressive	$7,363
Farmers	$8,149

How Does Location Affect the Cost of Honda CR-V Insurance?

While the model year of your Honda CR-V and your age are important factors, your location might be the most influential for determining the cost of car insurance. The cheapest company will vary by what state you live in. Idaho has the most affordable average annual premiums per year, while Florida has the most expensive. We recommend getting quotes from the cheapest insurers in your state to get the best deal for you.

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Age Group:30-59

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Coverage:Full Coverage


Alabama	Nationwide	$709	$59
Alaska	State Farm	$699	$58
Arizona	Root Insurance Company	$682	$57
Arkansas	State Farm	$629	$52
California	AAA California	$1,001	$83
Colorado	American National P&C	$541	$45
Connecticut	GEICO	$693	$58
Delaware	State Farm	$881	$73
District of Columbia	GEICO	$662	$55
Florida	State Farm	$1,058	$88
Georgia	Country Financial	$665	$55
Hawaii	GEICO	$565	$47
Idaho	American National P&C	$299	$25
Illinois	Country Financial	$663	$55
Indiana	American Family	$555	$46
Iowa	State Farm	$509	$42
Kansas	Nationwide	$670	$56
Kentucky	Nationwide	$790	$66
Louisiana	Louisiana Farm Bureau	$1,048	$87
Maine	Concord Group	$521	$43
Maryland	Progressive	$938	$78
Massachusetts	State Farm	$483	$40
Michigan	GEICO	$898	$75
Minnesota	State Farm	$797	$66
Mississippi	Direct General Insurance	$723	$60
Missouri	Nationwide	$909	$76
Montana	Progressive	$437	$36
Nebraska	American National P&C	$405	$34
Nevada	CSAA	$940	$78
New Hampshire	State Farm	$540	$45
New Jersey	Plymouth Rock Assurance	$895	$75
New Mexico	State Farm	$644	$54
New York	Kemper	$781	$65
North Carolina	Erie	$630	$52
North Dakota	American Family	$616	$51
Ohio	Nationwide	$485	$40
Oklahoma	State Farm	$662	$55
Oregon	State Farm	$706	$59
Pennsylvania	Nationwide	$580	$48
Rhode Island	State Farm	$700	$58
South Carolina	American National P&C	$463	$39
South Dakota	Allstate	$746	$62
Tennessee	State Farm	$579	$48
Texas	State Farm	$699	$58
Utah	Nationwide	$725	$60
Vermont	State Farm	$493	$41
Virginia	American Family	$601	$50
Washington	PEMCO	$534	$44
West Virginia	Erie	$784	$65
Wisconsin	GEICO	$556	$46
Wyoming	State Farm	$745	$62

Frequently Asked Questions About Honda CR-V Insurance

MoneyGeek answered some of the most common questions about cost and quality from people looking for car insurance for a Honda CR-V.

What company has the cheapest car insurance for a Honda CR-V?

State Farm has the cheapest car insurance for a Honda CR-V, with an average cost of $467 per year for a minimum coverage policy and $984 per year for a full coverage policy. It is cheaper than the average cost of car insurance for a Honda CR-V, which is $1,249 per year. Other factors, like the model year and your age, can affect the cost of your car insurance. It’s best to shop around to find the most affordable option.

What company offers the best car insurance for a Honda CR-V?

State Farm offers the best car insurance for a Honda CR-V. It received a MoneyGeek score of 90 out of 100 for being the most affordable company while giving the best customer satisfaction, meaning you won’t have to pay expensive premiums to get quality service. On average, full coverage car insurance for a Honda CR-V from State Farm costs $984 annually.

We also recommend GEICO, as it came in second place. A policy from this company for the same car costs $1,036 per year.

About Mark Fitzpatrick

Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's Head of Insurance. He has analyzed the insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. He has been quoted in several insurance-related publications, including CNBC, NBC News and Mashable.

Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.

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