Honda CR-Z Car Insurance: How Much Should You Expect to Pay?

Quick Facts

• A Honda CR-Z costs less than most other cars to insure.

• Liability car insurance for a CR-Z comes in at around $65 per month, while full coverage typically tends to be about $159.

• Hugo provides the lowest average premiums for a CR-Z with liability only coverage offered for as cheap as $27 a month.

CR-Z Overview

The Honda CR-Z is a great car for all budgets, with 2016 models starting at $20,295. Drive off the dealership lot in style, with two different trim options offered.

We sifted through thousands of auto insurance quotes on Compare.com, and we've determined that average Honda CR-Z insurance prices run around $141 per month. But where does that fall compared to the rest of the market?

How Much is Car Insurance for a Honda CR-Z?

In the table above, you'll find that compared to other vehicles on the road, Honda CR-Z insurance premiums are about average. On average, CR-Z owners will pay around $159 a month for full coverage, which has comprehensive and collision coverages in addition to liability, and about $65 monthly for liability only insurance (our guide, "State Minimum vs. Full Coverage", can give you more information on the difference between these types of insurance).

Comparing it to other models, the CR-Z is on par with the other vehicles in Honda's lineup. Compared to offerings from other brands, car insurance for a CR-Z is also more affordable, with full coverage insurance rates coming in about 10% less and 22% less for liability only insurance.

When compared to all vehicles of any body type, auto insurance prices for both liability only and full coverage policies run less expensive than average.

Who has the Cheapest Car Insurance for a Honda CR-Z?

Browsing for an auto insurance policy for your Honda CR-Z? You're probably most interested in which carrier offers the most affordable prices. Even though premiums can shift dramatically depending on your driver profile, the most affordable average rates for liability only insurance are as low as $25 per month from Mile Auto. With car insurance as cheap as just $27 monthly, Hugo is the next cheapest insurance company.

Completing the top 5 companies are TwentyFirstCentury, FirstChicago, and Pronto. But just because these five carriers offer the lowest average rates doesn't necessarily mean they'll be the cheapest companies for you and your unique insurance profile.

After all, car insurance carriers look at a variety of different factors when calculating rates, so your results might be different. There's only one way to make sure you find the lowest possible rates, and that's by checking quotes from a multitude of insurance companies.

What Factors Affect Car Insurance Rates for a Honda CR-Z?

There are a whole range of things that car insurance carriers reference to calculate how much to charge for auto insurance -- and every carrier weighs certain pieces more than others, so there's not a single company that's the most affordable for each CR-Z owner.

Keep reading to learn which variables car insurance companies look at and how they affect your final rate:

Vehicle Age

Honda has been making the CR-Z for quite some time -- and that means the car's age may make a difference in how much you'll pay for auto insurance. Generally, older cars will be cheaper to insure because they're worth less than newer models, and as cars age, insurance costs will gradually decrease.

Based on the information in the table above, the Honda CR-Z does not follow this trend, as the most expensive models to insure are those that are 4 to 5 years old, while on average, the cheapest CR-Zs are 2 to 3 years old.

Your Age

Age makes a significant difference in how much insurance carriers will charge. As you can see above, older CR-Z drivers pay less for auto insurance compared to drivers who are under 18. Honda CR-Z drivers who are 18 to 24 actually pay $56 more than those 25 or older.

Car insurance prices continue to go down as you get older, with the cheapest age group for CR-Z drivers being 55-64.

Your Gender

Because women are less likely to get into accidents and get speeding tickets, they run a lower risk of filing a claim with insurance. So, insurance companies will tend to offer women more affordable rates. The Honda CR-Z follows this convention, and women pay around $53 a month for insurance and men pay about $72.

Where You Live

It may be obvious that factors like what vehicle you drive and how old you are play a role in your car insurance premiums, but did you know that where you live matters, too? Auto insurance is regulated on a state-by-state basis, so rates fluctuate quite a bit depending on what state you live in.

For example, the average Honda CR-Z driver from New York pays around $218 monthly for liability coverage, while the same owner from California will pay less than a quarter of that price, on average. The chart shows average prices for the top 10 most populous states, just to give you a good idea of how much premiums can change depending on where you live.

Honda CR-Z Car Insurance Discounts

Regardless of what state you live in, how old you are, or what vehicle you drive, it's always a good idea to take advantage of as many auto insurance discounts as possible when shopping around for a policy.

Not every insurance carrier will offer the same discounts, but there are a few that are relatively common. These include discounts like:

• Defensive driving discounts for drivers who take a defensive driving class from an accredited school or institution
• Multi-vehicle discounts for adding more than one car to your auto policy
• Vehicle safety discounts for having a vehicle with certain safety features (like anti-lock brakes or air bags) or one with higher safety ratings
• Multi-policy discounts for bundling your home and auto policies with the same insurance company

These discounts are great, but sometimes, the best way to get great rates is to work on your overall insurance profile.

You obviously can't control every single aspect of your car insurance profile (like some of the factors we mentioned above), but there is quite a bit that you do have control over. Below are just a few of the ones you can use to your favor when it comes to cost savings:

Your Driving Record

You've no doubt heard ads from insurance carriers promoting big discounts for safe drivers. It makes sense that your car insurance prices will get higher if you get into a collision or get a speeding ticket. But how much will they cost you?

You can tell from the table above that accidents will usually cost CR-Z drivers less than tickets, but both will cause a significant increase in rates. Honda CR-Z drivers with one accident on their record pay about $83 every month (up $18 from the $65/mo. overall average), while drivers with a single ticket will pay an average of $87 a month. The rates only go higher the more tickets you get or collisions you have.

How Much You Drive

Another variable you have control over is the total amount of miles you drive each year. Those who are on the roads less often are less likely to get into collisions, so they'll normally end up spending less on auto insurance. In the table above, you can see that Honda CR-Z owners who drive between 5,000 and 7,500 miles a year pay about $48 per month for insurance, while those who put less than 2,500 miles on their cars pay $92.

If you're one of those drivers who don't put very many miles on your Honda CR-Z each year, you might consider choosing a usage-based or pay-per-mile car insurance policy. With these policies, you pay a small base rate each month, with your final monthly bill being calculated based on the number of miles you drove.

How Do Honda CR-Zs Compare to Other Vehicles?

If you're considering buying a Honda CR-Z, you might be wondering how it compares to other cars. Insurance is just one cost that's associated with a new car purchase, but it's definitely one that's worth considering carefully.

Check out the table below to see how the Honda CR-Z stacks up:

As you can see, a Honda CR-Z is a great value when it comes to overall price tag. While the average vehicle price in the U.S. is $41,076, the CR-Z starts at just $20,295.

But while the purchase price is on the lower end of the spectrum, auto insurance rates are pretty average when compared to the rest of the vehicle market. Full coverage insurance for a Honda CR-Z is about $1 per month more than average, while liability only coverage is $1 higher a month.

However, it is worth noting that the CR-Z owners tend to drive their cars less than the average American driver, with only 10,224 annual miles for the average owner.

Honda CR-Z Car Insurance Costs by Model Year

We've walked through many of the variables that can affect how much the average driver pays for car insurance. If you're thinking about buying a new vehicle and the CR-Z is one you're considering, knowing what you can expect to pay for the specific vehicle you're looking at can be extremely helpful as you weigh your options.

That's why we've decided to break down Honda CR-Z auto insurance prices by model year. Find the model year you want in the dropdown to see average rates for both liability only and full coverage options. You'll also find some other helpful info, like who offers the cheapest policies, which trim levels are offered, and the base MSRP for each year the CR-Z has been around.

2016 Honda CR-Z Car Insurance

2016 CR-Z drivers can expect to pay an average of $82 monthly for liability or $170 for full coverage.

Looking for the most affordable policy? Infinity offered liability only coverage for sometimes as low as $26 per month.

If you want more accurate quotes of how much you can expect to pay, just enter your ZIP code below and get several free quotes in minutes.

2015 Honda CR-Z Car Insurance

The average cost to insure a 2015 Honda CR-Z with liability only coverage is $68 a month, while full coverage runs around $160 monthly.

Mile Auto has rates as little as just $22 per month for the 2015 Honda CR-Z.

While these are good estimates of what the average driver might pay to insure a 2015 Honda CR-Z, these premiums might differ based on your driver profile. Get free personalized quotes in minutes by just entering your ZIP code below.

2014 Honda CR-Z Car Insurance

It costs about $82 monthly for liability or $170 for a full coverage policy for the 2014 CR-Z.

With rates as low as just $20 per month, Elephant offered the cheapest policy we found.

Want something more accurate than nationwide averages? Get a variety of customized quotes for free by just entering your ZIP code below.

2013 Honda CR-Z Car Insurance

On average, drivers who own a 2013 Honda CR-Z can expect to pay $47 to $145 a month for liability only and full coverage insurance, respectively.

If you're looking for the cheapest possible 2013 Honda CR-Z insurance policy, MetLife offered the lowest policy we found, with rates as little as $19 per month.

These average prices are a great starting point if you're in the market for a 2013 Honda CR-Z, but there are a range of things that go into calculating your policy rates. If you want to figure out exactly what you'll be asked to pay, get customized quotes by entering your ZIP below.

2012 Honda CR-Z Car Insurance

You can expect full coverage for a 2012 CR-Z to run around $163 a month, while liability only coverage will average about $54 monthly.

Clearcover offered the most affordable policy we found, with rates sometimes as little as $22 a month.

What will your car insurance premium be? Enter your ZIP code below to get several free customized quotes.

2011 Honda CR-Z Car Insurance

The average cost to insure a 2011 Honda CR-Z with liability only coverage is $65 monthly, while full coverage runs around $155 per month.

We found Mercury offered the cheapest policy, with rates sometimes as cheap as $20 a month.

If you want to know just how much your rate will be, get free quotes in minutes by just entering your ZIP code below.

Honda CR-Z Insurance FAQs

Is a Honda CR-Z expensive to insure?

Liability insurance runs an average of $65 monthly, while full coverage will cost you around $159. When compared to the national average of all cars, premiums come in on the cheaper end of the spectrum.

How can I get the best price on car insurance for my Honda CR-Z?

There's only one way to guarantee you're getting the lowest rates -- regularly shopping around and getting quotes. Over time, your driver profile changes, which could change your rates, so it's recommended that you get quotes every 6 months or so. Luckily, sites like Compare.com let you compare rates from multiple companies at once, meaning you can find the cheapest rates (or guarantee you already have the best deal) in just a few minutes.

Does the color of my Honda CR-Z affect my insurance prices?

You've probably heard the old adage that red cars cost more to insure, but that's actually not true. There are lots of variables insurance carriers look at when they decide your auto insurance premium, but your car's color is not on that list.

Do I need to have insurance before I buy a Honda CR-Z?

You'll need to have valid insurance for your vehicle before you can legally drive your it off the dealership lot. Some dealerships will offer you a car insurance policy as part of the buying process, but your best bet is letting your auto insurance carrier know ahead of time.

What car insurance discounts can I get for my Honda CR-Z?

There are a ton of discounts out there when it comes to car insurance. Many of them (like "multi-vehicle discounts" and "pay-in-full discounts") are based less on your CR-Z and more on you, but if your CR-Z has safety features like anti-theft systems, anti-lock brakes, airbags, and other features, it may be eligible for certain discounts. The only way to find out is to reach out to your insurance company and ask about which discounts they offer.