Soichiro Honda, the founder of the car company that would later bear his name, started as a mechanic before setting out on his own in 1937 to manufacture piston rings. Winning a contract to supply Toyota, Honda developed a mass-production method that could produce quality with unskilled, wartime labourers.

Selling that business to Toyota after the war, he founded the Honda Technical Research Institute in 1946. The company first sold motorized bicycles powered by surplus generator engines. When the supply of surplus engines ran out, Honda retooled to create both his own engine and the new Honda Motor Company. While the company first concentrated on motorcycles, by August 1963 the company began selling a mini pick-up truck called the T360. From that point on, Honda developed its vehicle business, including the popular Honda Civic and Honda Accord models.

Honda Car Insurance Cost in Canada

Here are some estimated annual insurance costs for popular Honda models in Canada, based on a 30-year-old driver with a clean driving record. Please note that these are just estimates and insurance costs can vary based on a variety of factors, including the driver’s age, driving history, location, and the insurance company. Additionally, other factors such as the level of coverage, deductible, and type of insurance policy can also impact insurance rates.

1. Honda Civic –

• British Columbia: $1,400 – $1,600
• Alberta: $1,300 – $1,500
• Ontario: $1,500 – $1,700
• Quebec: $1,100 – $1,300

2. Honda Accord –

• British Columbia: $1,500 – $1,700
• Alberta: $1,400 – $1,600
• Ontario: $1,600 – $1,800
• Quebec: $1,200 – $1,400

3. Honda CR-V –

• British Columbia: $1,500 – $1,700
• Alberta: $1,400 – $1,600
• Ontario: $1,600 – $1,800
• Quebec: $1,200 – $1,400

4. Honda HR-V –

• British Columbia: $1,400 – $1,600
• Alberta: $1,300 – $1,500
• Ontario: $1,500 – $1,700
• Quebec: $1,100 – $1,300

5. Honda Odyssey –

• British Columbia: $1,600 – $1,800
• Alberta: $1,500 – $1,700
• Ontario: $1,700 – $1,900
• Quebec: $1,300 – $1,500

6. Honda Fit –

• British Columbia: $1,300 – $1,500
• Alberta: $1,200 – $1,400
• Ontario: $1,400 – $1,600
• Quebec: $1,000 – $1,200

7. Honda Pilot –

• British Columbia: $1,800 – $2,000
• Alberta: $1,700 – $1,900
• Ontario: $1,900 – $2,100
• Quebec: $1,500 – $1,700

8. Honda Ridgeline –

• British Columbia: $1,800 – $2,000
• Alberta: $1,700 – $1,900
• Ontario: $1,900 – $2,100
• Quebec: $1,500 – $1,700

9. Honda Insight –

• British Columbia: $1,400 – $1,600
• Alberta: $1,300 – $1,500
• Ontario: $1,500 – $1,700
• Quebec: $1,100 – $1,300

10. Honda Clarity –

• British Columbia: $1,500 – $1,700
• Alberta: $1,400 – $1,600
• Ontario: $1,600 – $1,800
• Quebec: $1,200 – $1,400

Honda Car Insurance Impact

Since the Honda model line has grown to cover the model ranges contemporary consumers expect, the cost to insure Honda models varies considerably. The Honda Civic is traditionally one of the less expensive cars to insure, but only in its sedan version, not in the two-door coupe package. There are some indications of change though, as Insurance Bureau of Canada data indicates Honda Civic Sedan claims costs may be rising.

Honda Accident Benefit Performance

Only four Honda models have fewer accident benefit claims than average, according to the IBC. The Honda Crosstour, Honda Element, Honda Pilot and Honda Ridgeline had fewer than average personal injury claims, suggesting that these models protect occupants effectively. Most other models perform in the average range, with three notable exceptions. The Honda Accord four-door, model years 2002 to 2009, Honda Civic four-door, years 2002 to 2012 and Honda Fit, 2007 to 2011 each perform below average on the occurrence of accident benefits claims. Since this is a straight count of incidents and doesn’t factor severity, these numbers could be boosted due to the number of vehicles on the road.

Honda Collison Costs

For the most part, Honda models perform average or better than average compared to national numbers for collision claims. It’s here though that we see the Honda Civic two-door models separating from the pack, but not in a good way. The 2007 to 2013 Civic two-door coupe consistently cost more than the national average for costs to repair collision claims. The Civic Si two-door coupe has the same issue from 2006 to 2012. The only other Honda model with multiple years of poor performance in this category is… the Civic four-door. From 2010 to 2014, this model has been settled at 120 to 130 percent over the national average. With a trend like that, could Civic’s days as an inexpensive car to insure be numbered?

Comprehensive Claim Costs for Honda

The Honda Civic four-door isn’t getting any help from recent comprehensive numbers either. While reporting only one model year worse than average, it’s the 2014 model year, and comprehensive claims costs rise steadily between the 2002 and 2014 models. Other models showing high comprehensive claims are the Civic Si two-door coupe, the Honda Pilot and the Honda Ridgeline. Models likely to save money on comprehensive coverage include the Honda Accord prior to 2010, the Civic four-door prior to 2011, Honda CR-V, Honda Element, Honda Fit, and Honda Odyssey.