Auto Insurance · Brand Guide
Honda CR-V Insurance Cost (2024)
The Honda CR-V is one of the cheapest compact SUVs to insure, with strong safety ratings and affordable repairs working in policyholders' favor.
What Honda CR-V insurance costs
The average monthly premium for a 2024 Honda CR-V runs around $144 for a typical driver profile (40-year-old, clean record, good credit, full coverage). Real-world rates range from $115 to $188 depending on your state, driving record, credit, and chosen coverage level.
CR-V insurance benefits from the same factors as the Civic — top safety scores, low theft rate, affordable parts. The slightly higher MSRP nudges premium up only marginally.
What drives the rate
Insurance carriers price the Honda CR-V based on four primary factors specific to the vehicle:
- Repair cost — How expensive is it to fix this vehicle when something goes wrong? Parts availability, labor complexity, and OEM-only requirements all matter.
- Theft rate — How often is this vehicle stolen? Carriers pull data from NHTSA’s Vehicle Theft Index.
- Safety scores — How well does the vehicle protect occupants in a crash? IIHS and NHTSA ratings directly influence premium.
- Claim history — What does the actual data show about how often and how expensively claims happen on this vehicle?
How to lower your rate
Beyond shopping carriers (which can save 20-40% on its own), the biggest Honda CR-V-specific savings come from:
- Multi-policy bundling — Combining auto and home/renters often saves 10-25%.
- Telematics programs — If you’re a safe driver, programs like Progressive Snapshot or State Farm Drive Safe & Save can save 15-30%.
- Higher deductible — Raising your collision/comprehensive deductible from $500 to $1,000 typically saves 10-15% on premium (but exposes you to more out-of-pocket cost at claim time).
- Anti-theft devices — Factory or aftermarket anti-theft systems can earn 5-15% discounts, especially on theft-prone vehicles.
Best carriers for the Honda CR-V
The carriers that consistently quote competitively on the Honda CR-V include the largest national insurers (GEICO, Progressive, State Farm) plus regional carriers depending on your state. Get quotes from at least 3-5 carriers to find the best rate for your specific profile.