In this article, we’ll take a look at how much Honda Odyssey insurance premiums cost in fourteen markets throughout Ontario. The costs outlined in this article are intended to provide you with general insights. There are many factors that will affect the cost of your insurance, and insurance companies adjust premiums on a regular bases.

Key Assumptions

The following key assumptions have been used to prepare and analyze the data contained herein.

• Model: Honda Odyssey EX-L
• Male and female 40 years of age
• $2,000,000 liability coverage
• Average commute of 15 km, and a total of 15,000 km driven per year
• Driver licensed at earliest date and has driver training

A complete list of the assumptions used is provided at the end of this article.

Average Cost of Insurance For a Honda Odyssey in Ontario

The average Honda Odyssey insurance premium in Ontario is $1,855 per year. When you combine your Honda Odyssey insurance with another vehicle or your home, you could save an average of $302, which would bring your premium down to $1,553 per year.

The following chart shows the average cost to insure a Honda Odyssey in select markets throughout Ontario.

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The following chart shows the cost of both monoline (single vehicle) and multi-line (multi-vehicle or vehicle and home) insurance for select markets throughout Ontario.

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The most affordable market in Ontario to insure a Honda Odyssey is Kingston, with an average annual premium of $1,326 for monoline and $1,116 for multi-line. The most expensive market in Ontario is Mississauga, with an average annual premium of $2,369 for monoline and $1,952 for multi-line.

The following chart shows how much you could save when you combine your Honda Odyssey insurance with another vehicle or your home.

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You could save an average of $302 when you bundle your insurance. The largest savings can be found in Mississauga ($418), and the smallest savings in Kingston ($210).

Average Honda Odyssey Insurance Premium By Gender and Market

The following chart shows the average Honda Odyssey insurance premium by gender and market. 

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‍Ajax

Male: Monoline - $2,173; Multi-line $1,812 Savings $361

Female: Monoline - $2,184; Multi-line $1,884; Savings $300

Barrie

Male: Monoline - $1,740; Multi-line $1,428; Savings $312

Female: Monoline - $1,716; Multi-line $1,428; Savings $288

Hamilton

Male: Monoline - $2,080; Multi-line $1,808; Savings $272

Female: Monoline - $2,216; Multi-line $1,921; Savings $295

Kingston

Male: Monoline - $1,332; Multi-line $1,128; Savings $204

Female: Monoline - $1,320; Multi-line $1,104; Savings $216

Mississauga

Male: Monoline - $2,332; Multi-line $1,921; Savings $411

Female: Monoline - $2,406; Multi-line $1,982; Savings $424

Niagara

Male: Monoline - $1,620; Multi-line $1,344; Savings $276

Female: Monoline - $1,608;  Multi-line $1,332; Savings $276

Oshawa

Male: Monoline - $1,956; Multi-line $1,620; Savings $336

Female: Monoline - $1,956; Multi-line $1,608; Savings $348

Ottawa

Male: Monoline - $1,524; Multi-line $1,272; Savings $252

Female: Monoline - $1,512; Multi-line $1,260; Savings $252

Peterborough

Male: Monoline - $1,464; Multi-line $1,188; Savings $276

Female: Monoline - $1,440; Multi-line $1,164; Savings $276

Pickering

Male: Monoline - $2,068; Multi-line $1,812; Savings $256

Female: Monoline - $2,115; Multi-line $1,848; Savings $267

Toronto

Male: Monoline - $2,009; Multi-line $1,664; Savings $345

Female: Monoline - $2,064; Multi-line $1,708; Savings $356

Waterloo

Male: Monoline - $1,664; Multi-line $1,387; Savings $277

Female: Monoline - $1,677; Multi-line $1,407; Savings $270

Whitby

Male: Monoline - $1,908; Multi-line $1,584; Savings $324

Female: Monoline - $1,908; Multi-line $1,584; Savings $324

Windsor

Male: Monoline - $1,945; Multi-line $1,613; Savings $332

Female: Monoline - $1,991; Multi-line $1,651; Savings $340

Key Takeaways

• The average annual insurance premium for a Honda Odyssey in Ontario is $1,855
• The most affordable market to insure a Honda Odyssey is Kingston, Ontario
• The least affordable market to insure a Honda Odyssey is Mississauga, Ontario
• By insuring your Honda Odyssey with another vehicle or your home you could save an average of $302 per year

How To Get The Best Insurance Rates and Coverage For Your Honda Odyssey

The best way to get insurance for your Honda Odyssey is through an insurance broker, not an insurance company. Insurance companies sell their own insurance products, which limit your options. When you work with an insurance broker such as Best Buy Insurance, they’re able compare dozens of various quotes from different insurance companies. This enables the broker to find the best coverage and rates overall.

Ready to find the best Honda Odyssey insurance rates and coverage for your needs? Call Best Buy Insurance at 1-877-813-5710 or request your Honda Odysey Insurance quote online. It’s free and there is no obligation. Find out how much you could save today.

Assumptions used:

Age: 40; Monoline; $2,000,000 Liability, standard SABS;$500 Coll; $500 comp; 44; 20/27; 43, 15 km commute; 15,000 annual km, Winter tires; parking in private driveway, vehicle purchased new, driver licensed at earliest date and has driver training

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