The median price of a used Honda Insight ranges from $11,990 in Iowa to $999999 in Tennessee. The high median price in Tennessee, however, is the exception. The Insight is available for a median price below $18,000 in all the other states. Insuring the Insight is also very reasonable in most of the states. Except for the eight states (Georgia, Connecticut, New Jersey, Alabama, California, Massachusetts, Oklahoma, and Michigan) where the average annual insurance rate of the Insight is higher than $1400, it is extremely affordable to insure this compact Honda.
In Georgia and Connecticut, the average annual insurance rates are $1482 and $1487, respectively. These are still lower than the rates in the other six states listed above.
In New Jersey and Alabama, the average annual insurance rates are $1535 and $1555, respectively. The median price of the Honda Insight in these states is not very high. In New Jersey, a used Honda Insight can be bought for a median price of $13,493. In Alabama, too, this 5-door hatchback is available for $13,999. This brings the insurance percentage (the percentage of the median price spent on insurance) to 11% in both these states. This is a high insurance percentage, compared to the other states, but the low median price in these states could have contributed to raising the insurance percentage.
In Pennsylvania, New York, Florida, Kentucky, Texas, and Georgia, the average annual insurance rate is between $1300 and $1400. The median price of the Insight is low in Florida and Texas ($13,988 and $13,995, respectively).
Michigan is notably the most expensive state to insure an Insight, with a whopping insurance percentage of 18% of the median price. The median price here is $13,300. This means that it might be cheaper to buy an Insight in Michigan, but the recurring annual costs to insure it are astronomical.