For most cars, your no-claim discount (NCD) makes a noticeable difference to the insurance bill. For the Honda HR-V, on today's examples, it makes a very large one. That is the main thing this guide shows, alongside the HR-V's list price, COE and road tax.
The premiums below are examples for one stated driver, read on 20 October 2026. They help you compare, but your own quote depends on your details.
The HR-V on sale
The new-car list read on 2026-10-10 has three HR-V versions. All are SUVs made in Japan with a 1,498cc engine:
- HR-V 1.5 DX: petrol, 117bhp
- HR-V 1.5 DX+: petrol, 117bhp
- HR-V Hybrid 1.5 HX e:HEV: petrol-electric, 139bhp
Our quote form lists the HR-V 1.5 (1,497cc), the HR-V 1.6 (1,590cc) and the HRV 1.5 DX CVT (1,496cc). The insurance prices here are for the HRV 1.5 DX CVT, the version most insurers quote.
List prices
As listed on 2026-10-10, with COE included that day:
- HR-V 1.5 DX: S$198,899
- HR-V 1.5 DX+: S$201,899
- HR-V Hybrid 1.5 HX e:HEV: S$208,899
These shift with COE. Ask for a written price and check what it covers.
COE
For the 1,496cc HRV 1.5 DX CVT, the price page gives the rule. It needs a Category A COE if its power is 97kW (130bhp) or less, and a Category B COE if it is more.
The October 2026 1st round closed at S$130,001 for Category A and S$130,100 for Category B. The COE page shows newer results.
Road tax
LTA's formula gives S$681.90 a year for a 1,496cc engine, before any age surcharge. The current cars have a 1,498cc engine, so check the exact sum on the road tax page.
Older cars pay a surcharge on top:
- Over 10 years: +10%
- Over 11 years: +20%
- Over 12 years: +30%
- Over 13 years: +40%
- Over 14 years: +50%
Insurance with a full record
The Honda HR-V price page prices this driver and car:
- Car: HRV 1.5 DX CVT, registered 3 years ago, private use, comprehensive cover
- Driver: aged 40, married, office job, driving 10 to 19 years
- Record: 50% NCD, no claims
- Repairs: authorised workshop, no options
14 insurers price it; two on our panel do not quote it online yet. The lowest premium is S$642.42. The insurer whose lowest plan is dearest asks at least S$1,270.51, which is S$628.09 more, or 98% on top. All prices include 9% GST.
Excess check. Most plans ask S$600, and the range is S$0 to S$3,000. The third-lowest premium comes with a S$2,500 excess.
Workshop check. The lowest plan allows any workshop or authorised workshops. Most of the rest are for authorised workshops.
What happens without the NCD
Here is where the HR-V stands out. The price page shows the lowest price as the NCD changes:
- 50% NCD (the standard driver): S$642.42
- 20% NCD: S$1,081.98, S$439.56 more
- No NCD (0%): S$1,474.27, S$831.85 more
With no NCD, the lowest price is 129% higher than with a full NCD. That is more than double. Even at 20% NCD, the lowest price is well above the standard driver's.
If you are switching from another car, check that your NCD will carry over. If you are new to driving, expect the higher figure.
Other drivers and older cars
- Driver aged 27, 3 years' driving, 30% NCD: S$1,205.45, S$563.03 more
- Driver aged 65, 20 or more years' driving: S$642.42, the same, 13 insurers pricing
- A new car, registered this year: S$660.69, S$18.27 more, 13 insurers pricing
- A car 8 years old: S$586.41, S$56.01 less
A young driver pays a lot more, though less than someone with no NCD at all. An older driver pays the standard price. The car's age moves the price only a little.
All of these are lowest prices. Dearer plans may move by different amounts.
Protecting what you have
Some plans let you add an NCD protector, which keeps your discount after a claim, within the plan's rules. The price page prices plans with no options added, so it shows no figure for this. Given how much the NCD is worth on this car, ask about it when you compare.
Against similar cars
The price page compares six cars for the same driver and car age:
- Mazda 3: S$927.36
- BMW X1: S$811.71
- Mercedes-Benz GLB: S$787.96
- Hyundai Kona: S$721.59
- Toyota Corolla Altis: S$642.42
- Toyota Sienta: S$604.07
Their average lowest price is S$749.19. The HR-V is 14% below it, and only one of the six, the Toyota Sienta, is cheaper to insure. The Corolla Altis matches it. Other Honda models are on the Honda car insurance page.
Costs set by how you live
- Parking: season parking at your HDB block or condo, plus parking away from home.
- Petrol: depends on how far you drive and pump prices. One current version is a hybrid.
- ERP: depends on your routes and timing.
- Servicing and wear: tyres, brakes and a battery come up over time; ask what the warranty covers.
- Depreciation: depends on what you pay and what the car fetches when you sell.
Summary of yearly costs we can show
For the HRV 1.5 DX CVT (1,496cc), dated as shown:
- Road tax: S$681.90 a year before any age surcharge (LTA's formula, checked 2026-10-19)
- Insurance, standard driver with 50% NCD: from S$642.42 a year (20 October 2026)
- Insurance, 20% NCD: from S$1,081.98
- Insurance, no NCD: from S$1,474.27
- Insurance, a car 8 years old: from S$586.41
For reference: list prices from S$198,899 as listed on 2026-10-10, and a COE in the October 2026 1st round of S$130,001 (Category A) or S$130,100 (Category B).
Before you buy: car insurance for the Honda HR-V
Before you drive off, get your car insurance through Shenton Brokers. Compare car insurance for the Honda HR-V to see today's prices from every insurer we compare and how they change with the driver and the car's age. Or get a quote with your own details.