HONDA ELEMENT 2007
A Woman from Trois-Pistoles
$335 /year
Premium computed in March 2026
The 2007 Honda Element is a distinctive compact SUV known for its boxy body and rear-hinged doors that ease cargo access. Designed for outdoor enthusiasts, it offers a versatile interior and the mechanical reliability typical of the brand.
Between 2021 and 2026, the average premium for the 2007 Honda Element drops sharply from $707 to $210 in 2022, then gradually rises to reach $335 by 2026. This pattern reflects the vehicle's ongoing depreciation and a gradual stabilization of insurance costs.
To find the best insurance for your HONDA ELEMENT 2007 vehicle, it is more important than ever to compare the available options.
Based on the available data, the average premium in Montreal is $807 for the 2007 Honda Element, notably higher than recent national figures, which may reflect higher repair costs or claim frequency in that city.
To get the exact cost for your situation, the best approach is to compare offers from several insurers. Using our Clicassure comparison tool, you can easily find the best premium tailored to your needs.
| City | Average price over the last 12 months |
|---|---|
| MONTRÉAL | $807.16 |
The average premium for a 2007 Honda Element was $335 in 2026, after fluctuating from $707 in 2021 and dropping to $210 in 2022.
Yes. In Quebec, minimum civil liability coverage of $50,000 is mandatory for any road vehicle driven on public roads.
The drop from $707 to $210 likely reflects the ongoing depreciation of an aging vehicle, whose replacement value decreases with age.
Based on the data provided, Montreal shows a premium of $807, higher than recent national figures, possibly due to greater traffic density and claim frequency.
Vehicle age, reduced replacement value, parts costs, and the model's claims history influence the premium, which remains modest compared to newer vehicles.
Comparing quotes from several insurers and adjusting coverage to match the vehicle's actual value can often help reduce the premium for a vehicle of this age.
To guarantee you the best possible information, the data presented on this page is based on the following rigorous criteria :
Disclaimer: This article is intended for information purposes, with the sole objective of providing food for thought. Under no circumstances should it be construed as advice regarding insurance solutions. Only a duly certified insurance professional is qualified to analyze your personal situation, discuss your needs with you and advise you on insurance solutions.
