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How Much are Honda Element Insurance Rates?

The average Honda Element insurance cost for full coverage is $94/mo while teens pay the highest Honda Element insurance rates at up to $342/mo and good drivers may only pay $55/mo. Compare multiple Honda Element insurance quotes using our comparison tool below to find the lowest rates.

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Eric Stauffer is a former insurance agent and banker turned consumer advocate. His priority is to help educate individuals and families about the different types of insurance they need, and assist them in finding the best...

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UPDATED: Sep 8, 2020

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Key takeaways:

  • Full coverage costs around $1,124 a year or $94 each month
  • A liability-only policy costs around $450 a year or $38 each month
  • Highest rates are for teenage drivers at around $4,108 a year or $342 each month
  • Good drivers can save as much as $463 a year by earning policy discounts
  • Honda Element insurance costs around $395 less per year than the average vehicle

Honda Element insurance rates are quite a bit less than the average vehicle, coming in at around $1,124 a year or $94 a month for full coverage. An older car may only need liability coverage which is $450 a year or $38 a month. Good drivers can be eligible for up to $463 a year for remaining claim-free. Let’s look at Honda Element insurance rates, safety features, and compare car insurance.

You can start comparing quotes for Honda Element car insurance rates from some of the best Honda Element car insurance companies by using our free online tool now.

Honda Element Insurance Cost

The average Honda Element auto insurance rates are $1,124 a year or $94 a month. However, you must remember that there will be differences in Honda Element car insurance rates by state because of local regulations.

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Are Honda Elements Expensive to Insure?

The chart below details how Honda Element insurance rates compare to other SUVs like the Mitsubishi Outlander, Toyota 4Runner, and Dodge Durango.

Vehicle Comprehensive Collision Liability Total
Mitsubishi Outlander $306 $542 $332 $1,316
Toyota 4Runner $332 $512 $332 $1,312
Dodge Durango $348 $562 $372 $1,440
Volkswagen Atlas $358 $690 $390 $1,596
Audi Q7 $394 $714 $398 $1,664
Mercedes-Benz GLC 300 $412 $810 $390 $1,770

However, there are a few things you can do to find the cheapest Honda insurance rates online.

What Impacts the Cost of Honda Element Insurance?

The Honda Element trim and model you choose can impact the total price you will pay for Honda Element insurance coverage.

Age of the Vehicle

Older Honda Element models generally cost less to insure. For example, car insurance rates for a 2011 Honda Element are $1,124, while 2010 Honda Element rates are $1,104, a difference of $20.

Model Year Comprehensive Collision Liability Total
2011 Honda Element $196 $310 $460 $1,124
2010 Honda Element $190 $292 $464 $1,104

Driver Age

Driver age can have a significant effect on Honda Element car insurance rates. For example, 30-year-old drivers pay $49 more for Honda Element car insurance than 40-year-old drivers.

Driver Location

Where you live can have a large impact on Honda Element insurance rates. For example, drivers in Los Angeles may pay $967 a year more than drivers in Indianapolis.

Your Driving Record

Your driving record can have an impact on the cost of Honda Element car insurance. Teens and drivers in their 20’s see the highest jump in their Honda Element auto insurance rates with violations on their driving record.

Honda Element Safety Ratings

Your Honda Element auto insurance rates are tied to the Honda Element’s safety ratings. See the breakdown below:

Test Type Rating
Small overlap front: driver-side Not Tested
Small overlap front: passenger-side Not Tested
Moderate overlap front Good
Side Good
Roof strength Good
Head restraints and seats Good
Source: Insurance Institute for Highway Safety

Honda Element Crash Test Ratings

Good Honda Element crash test ratings can lower your Honda Element auto insurance rates. See Honda Element crash test results below:

Vehicle Tested Overall Frontal Side Rollover
Honda Element N/R N/R N/R 3
1-5 Star Rating Scale, N/R = No Rating | Source: National Highway Traffic Safety Administration

Honda Element Safety Features

Are Honda Elements expensive to fix? That, of course, depends on the individual situation, but the Element does have a slew of safety features to help you feel secure behind the wheel. Honda Element safety features can lower the cost of your insurance. The safety features for the 2020 Honda Element include:

  • Driver Air Bag
  • Passenger Air Bag
  • Front Head Air Bag
  • Rear Head Air Bag
  • Front Side Air Bag
  • 4-Wheel ABS
  • 4-Wheel Disc Brakes
  • Brake Assist
  • Electronic Stability Control
  • Daytime Running Lights
  • Child Safety Locks
  • Traction Control

Honda Element Finance and Insurance Cost

If you are financing a Honda Element, most lenders will require your carry higher Honda Element coverage options including comprehensive coverage, so be sure to shop around and compare affordable Honda Element car insurance quotes from the best companies using our FREE tool below.

Enter your zip code below to view companies that have cheap auto insurance rates.

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Ways to Save on Honda Element Insurance

If you want to reduce the cost of your Honda Element insurance rates, follow these tips below:

  • Don’t Assume your Honda Element is Cheaper to Insure than another vehicle. Compare. Compare. Compare.
  • Pay Your Honda Element Insurance Upfront
  • Move to the Countryside
  • Use a Service Like Turo to Rent Out Your Honda Element
  • Save Money on Young Driver Honda Element Insurance By Mentioning Grades or GPA

Top Honda Element Insurance Companies

Several top car insurance companies offer competitive rates for the Honda Element rates based on factors like discounts for safety features. Take a look at this list of top car insurance companies that are popular with Honda Element drivers organized by market share.

Rank Company Volume Market Share
1 State Farm $65,615,190 9.3%
2 GEICO $46,106,971 6.6%
3 Progressive $39,222,879 5.6%
4 Liberty Mutual $35,600,051 5.1%
5 Allstate $35,025,903 5.0%
6 Travelers $28,016,966 4.0%
7 USAA $23,483,080 3.3%
8 Chubb $23,388,385 3.3%
9 Farmers $20,643,559 2.9%
10 Nationwide $18,442,145 2.6%
Source: Insurance Information Institute

Compare Free Honda Element Insurance Quotes Online

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About Eric Stauffer

Author: Eric StaufferI am a former insurance agent and banker turned consumer advocate. My priority is to help educate individuals and families about the different types of insurance they need, and assist them in finding the best place to get it.

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