The Honda CR-Z is a sport compact car by Japanese manufacturer Honda. It is available as a 3-door hatchback, and has a hybrid electric engine that has been known to be one of the least polluting vehicles available in the United States.
Buying a used Honda CR-Z would be considered good value for your money if you buy it in Maine, where the median price of the car is $14,000 and the average annual insurance rate is $869. In New Hampshire, you would have to pay an average annual rate of $982 to insure a CR-Z. In Idaho, this figure stands at $992.
In Ohio, Indiana, and Nevada you would have to pay an insurance average between $1100 and $1200. In Wisconsin, Oregon, Tennessee, Colorado, Minnesota, Illinois, South Carolina, Washington, and Arkansas, you would have to pay between $1200 and $1300 to insure your CR-Z on an annual basis.
In New York, Virginia, Florida, Missouri, and Pennsylvania, insuring the CR-Z for a year would cost you anywhere between $1200 and $1300. In Maryland, Utah, Mississippi, Kansas, Kentucky, Hawaii, and Texas, the cost of insuring the CR-Z is relatively high. The average annual insurance rate in these states is between $1400 and $1500.
In Georgia and Delaware, the average annual insurance rates are $1,539 and $1577 respectively. In Connecticut, this rate is $1660, while in New Jersey it is $1728. In California, Massachusetts, and Oklahoma these rates are $1806, $1814 and $1828, respectively. In Michigan, one would have to pay an average annual insurance rate of $2554 to insure a CR-Z.
If you live in one of the states where the cost of insuring the CR-Z is above $1400, there are some ways to reduce your overall cost. You can buy the vehicle from another state where it is cheaper, and have it shipped home. The median price of a used CR-Z is below $15000 in Maine, South Carolina, Michigan, New Jersey and Massachusetts. Also, buying an anti-theft device for your car could lower your insurance premium.