Honda is one of the world’s most recognized and trusted names when it comes to car manufacturers. In Canada specifically, Hondas are one of the most commonly driven vehicles due to the brand’s winning combination of reliability, safety, comfort, style, and affordability. In fact, in 2013, the Honda Civic was the second most driven car amongst Canadians and the CR-V was in the top-10 in the SUV, Truck and Crossover category. With Honda vehicles being so popular, this unfortunately results in a high theft rate.
For several years in a row, Honda vehicles such as the Honda Civic, Honda Accord, Honda Pilot, and Honda CR-V have been included in Canada’s list of top ten stolen vehicles. These theft rates aren’t only a threat to Honda owners, but they also drive up the price of Honda car insurance.
The high theft rates of Honda vehicles lead to above average insurance rates for drivers. The high likelihood of theft poses a large risk to insurance companies should they have to pay to replace a Honda vehicle. If you’re a Honda driver and want to find affordable car insurance that meets all of your needs, the trick is to shop around and compare quotes online. At Complete Car we can help you do just that!
Compare Honda insurance quotes & save!
Are you in the market for Honda car insurance? Interested in the cheapest auto insurance rates? Let us help you! We have helped thousands of Canadian drivers find the best car insurance rates using our online platform by comparing quotes from the top Canadian insurance providers.
At Complete Car, we can help you get the coverage you need for your Honda.
How much does insurance cost for a Honda?
According to the survey done by Ratelab.ca, the average insurance for a 2015 Honda Accord EX-L 4DR is $1,078.79 Here are the rates from select Canadian cities:
Honda safety features
The safety features found in Honda vehicles are what makes this brand so in demand by consumers. Not only does this keep you safe while out on the road, but it also helps keep your insurance premiums to a minimum. Insurance companies will reward you with cheaper car insurance when you drive a safe car with respectable safety ratings, including crash protection and crash avoidance.
Honda vehicles offer the Honda Sensing Suite which comprises the following safety features:
- Collision Mitigation Braking System™
- Lane Keep Assist System
- Road Departure Mitigation
- Adaptive Cruise Control
What factors will impact your Honda auto insurance?
Your Honda car insurance rates will vary based on how much you drive everyday. For example, those who spend hours commuting to work everyday can expect to have a higher premium than someone who only uses their car to run local errands.
When it comes to insuring your Honda, it pays to keep a clean record. You can expect to have higher insurance rates if you have been involved in an at-fault accident or have received multiple traffic convictions.
Regardless of your driving skills, younger drivers are expected to pay a higher premium than a driver with years of experience. New drivers are considered to be high risk and as a result will experience higher rates. As these drivers gain more experience they can expect their insurance rates to drop as long as they maintain a clean record.
The type of Honda you drive plays a role in determining your premium. For example, if the model of your car is known to target thieves, such as a Honda Civic, you’re more likely to face higher insurance rates. The same rules apply to vehicles that are more expensive to repair or replace.
The cost of your car insurance will depend on the amount of coverage you require for your Honda. In Canada it is mandatory to have a minimum of $200,000 in third party liability as well as accident benefits. If you choose to have additional coverage such as collision or comprehensive insurance, you can expect to receive more expensive rates.
How to save money on your Honda car insurance
With insurance rates relying on so many factors, it’s crucial to shop around for quotes online before committing to a policy. With ample car insurance companies to choose from, it is important to compare quotes to ensure you’re getting the best value.
It pays off to be a safe driver for many reasons. For one, insurance companies will offer cheaper insurance to those who obey the rules of the road and keep a clean record. Keeping a clean record doesn’t only keep you and your Honda safe but it also saves you money!
Insurance companies will reward you with cheaper insurance rates if you take a driver’s education course. Insurance companies will see you as a lower-risk driver once you’ve been trained by professionals.
If there are multiple drivers in your household, you can save on insurance by including all drivers and vehicles in one policy.
You can save on insurance by purchasing home and auto insurance from the same insurance company. Insurance companies commonly reward their customers for bundling their policies.
There are several discounts that you can take advantage of when purchasing car insurance for your Honda. Whether you install winter tires or an anti-theft device, get corporate rates, are a student, in the military or otherwise, there are many easy ways to save on your Honda car insurance!