Honda Car Insurance Quotes from $130/month

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First published on January 31, 2024

2 minute read

MyChoice follows a strict content review process designed to ensure reliable and unbiased information.

Key Facts About Insuring a Honda in Ontario

The figures below are based on MyChoice’s proprietary online quote data collected from Honda drivers in Ontario in 2026.

Average Honda insurance
premium (Ontario):
$2,237
Cheapest Honda model to insure:Ridgeline ($1,371)
Most expensive Honda model to insure:Civic ($2,407)
Cheaper alternatives to Honda
for car insurance:
Mitsubishi ($1,519), Fiat ($1,612),
Volkswagen ($1,644), Subaru ($1,702)
Honda collision rate in Ontario:9.8% of Honda drivers have
≥1 at-fault accident

How Much Does it Cost to Insure Your Honda in Ontario?

Where you park your Honda matters. Honda insurance in Ontario averages $2,237 a year, but rates swing widely by city, climbing in claims-heavy markets like Brampton and easing in smaller communities such as Kitchener.

Here’s the estimated average annual Honda premium across Ontario:

CityAverage Annual
Insurance Premium
Brampton, ON$3,642
Scarborough, ON$3,197
Vaughan, ON$2,838
Mississauga, ON$2,617
Markham, ON$2,481
Toronto, ON$2,464
Barrie, ON$2,222
Oshawa, ON$2,221
London, ON$2,138
Windsor, ON$2,135
Thunder Bay, ON$2,132
Hamilton, ON$1,962
Sudbury, ON$1,933
Kitchener, ON$1,899
Kingston, ON$1,824
Ottawa, ON$1,763

How Honda Car Insurance Costs Compare to Similar Vehicle Brands

When selecting a vehicle, many buyers weigh the insurance rates of different brands against each other, since insurance costs can significantly influence the decision. Based on our internal Ontario quote data, Honda sits in a moderate price band relative to comparable brands. Honda insurance generally costs more than Lexus, Toyota, Volvo, but less than Audi, BMW, Mercedes.

Here’s how the average annual Ontario premiums compare:

Car ModelAverage Annual
Insurance Premium
Lexus$2,206
Toyota$2,209
Volvo$2,227
Honda$2,237
Audi$2,311
BMW$2,409
Mercedes$2,481

Honda Car Insurance Rates Through The Years

Over the past six years, Honda insurance in Ontario has risen roughly 48%, driven by higher repair bills, rising theft and broad inflation. Rates were essentially flat in 2020–2021 before accelerating from 2022.

YearAverage Annual
Insurance Premium
YoY Change
2020$1,514
2021$1,517+0.2%
2022$1,769+16.6%
2023$1,869+5.7%
2024$2,003+7.2%
2025$2,217+10.7%
2026$2,237+0.9%

Honda Car Insurance Rates by Model & Year Make

The Honda model you drive moves your premium meaningfully. Among popular Honda models in our data, the Ridgeline is the cheapest to insure, while the Civic sits at the top, and sportier and pricier-to-repair models cost more.

Below are average annual Ontario premiums for the most-quoted Honda models:

ModelAverage Annual
Insurance Premium
Ridgeline$1,371
FIT$1,517
Odyssey$1,767
HR-V$1,859
CR-V$1,966
Pilot$2,063
Accord$2,333
Civic$2,407

How to Choose the Honda Model with the Best Insurance Rate

When it comes to purchasing a Honda vehicle, drivers should consider a variety of different factors to ensure they are getting the cheapest insurance available to them. Some of these may include:

Hybrid Vehicles

You may be eligible for certain discounts and exclusions from the insurance of your choice in the event that your vehicle is a hybrid. The main hybrid in the range is the Honda Clarity, drivers in Canada will also be to get a new hybrid version of the Accord in 2018.

Choose Your Model

While you may be tempted to drive a vehicle that is sporty, a sedan or compact car might offer a much lower insurance rate. Currently, the most popular car types in Canada are SUVs and Crossover vehicles, especially for families.

Safety First

As mentioned before, Honda is generally considered to be quite safe, but adding some additional safety features to your Honda vehicle can reduce your insurance quote even further. Some of these safety features include options like driver assist, dashcams or parking your car in a garage overnight.

Frequently Asked Questions About Honda Insurance

How much is insurance for a Honda Civic?

The average annual car insurance rate for the Honda Civic in Ontario is $2,407.

What is the cheapest Honda car to insure?

The Honda Ridgeline is the cheapest model to insure in Ontario, with an average annual car insurance rate of $1,371.

What is not covered by the Honda warranty?

Oil changes, tire rotations, and brake pad replacements are not covered by the official Honda warranty.

Methodology

Sample Size

We analyzed over 50,000 auto insurance quotes across Canada.

Profiles

Average rates were calculated using a standard profile and incident profiles. All personal details pertaining to the quotes and policies have been kept confidential.

Standard Profile

Single driver, one car, currently insured, and a pristine driving record. Our base profile is a 35-year-old individual (both male and female) with a spotless driving record.

Incident Profiles

We examined how rates change by evaluating profiles with a clean record (standard), one at-fault accident, a single speeding ticket, license suspension for alcohol related offenses and insurance cancellation due to non-payment.

Age and Homeownership

Profiles from age 18-65 (standard: 35 years) were considered. Depending on age, individuals might rent or own their homes. Age-related regulations may vary across provinces.

Team

MyChoice data science, MyChoice research.

Sources

1. Mychoice.ca Internal Data, Honda Car Insurance Rates, Car Insurance Quotes Collected, 2026.

2. Mychoice.ca Internal Data, Honda Car Insurance Rates, Car Insurance Quotes Collected, 2026.

3. Mychoice.ca Internal Data, Honda Car Insurance Rates, Car Insurance Quotes Collected, 2026.

4. Mychoice.ca Internal Data, Honda Car Insurance Rates, Car Insurance Quotes Collected, 2020-2026.

5. Mychoice.ca Internal Data, Honda Car Insurance Rates, Car Insurance Quotes Collected, 2026.

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