2003 Honda CR-V Insurance Rates – 7 Savings Tips

Looking for the cheapest insurance coverage rates for your Honda CR-V? Cutting costs on insurance coverage can seem to be nearly impossible for people who are new to comparison shopping online. Consumers have so many options available that it can be a challenge to locate the lowest price.

Quick Insurance Coverage Quotes

Most companies like State Farm and Allstate provide prices on their websites. Getting quotes is fairly straightforward as you just type in your required coverages as detailed in the form. When the form is submitted, their system sends out for your driving and credit reports and quotes a price based on many factors.

Online quotes simplifies rate comparisons, but the time required to go to a lot of sites and fill out multiple forms is repetitive and time-consuming. But it is imperative to get many rate quotes if you want to find a better rate.

An easier way to get multiple rate quotes requires only one form that obtains quotes from a lot of companies. It saves time, eliminates form submissions, and makes quoting online much more enjoyable and efficient. Immediately after you send the form, it gets priced with multiple companies and you can pick your choice of the resulting price quotes.

If one or more price quotes are lower than your current rates, it’s easy to complete the application and purchase the new policy. The whole process takes 15 minutes at the most and may result in a nice savings.

If you want to find out how much you can save on insurance coverage, click here to open in new window and enter your vehicle and coverage information. If you have your current policy handy, we recommend you copy the insurance coverages as shown on your current policy. Using the same limits helps guarantee you will have an apples-to-apples comparison for similar coverage.

But I don’t know anything about car insurance

When buying proper insurance coverage, there isn’t really a “perfect” insurance plan. Coverage needs to be tailored to your specific needs.

For instance, these questions can aid in determining if your situation would benefit from professional advice.

  • How can I get high-risk coverage after a DUI?
  • Do I need higher collision deductibles?
  • Is motorclub coverage worth it?
  • What happens if I owe more than my 2003 Honda CR-V is worth?
  • Do I have coverage when using my vehicle for my home business?
  • Are my tools covered if they get stolen from my vehicle?

If you don’t know the answers to these questions but one or more may apply to you, you may need to chat with a licensed agent. If you want to speak to an agent in your area, fill out this quick form.

What auto insurance coverages do you need?

Understanding the coverages of auto insurance aids in choosing appropriate coverage at the best deductibles and correct limits. Auto insurance terms can be ambiguous and reading a policy is terribly boring.

UM/UIM Coverage

This coverage protects you and your vehicle from other drivers when they either are underinsured or have no liability coverage at all. Covered claims include hospital bills for your injuries as well as your vehicle’s damage.

Since many drivers have only the minimum liability required by law, their limits can quickly be used up. This is the reason having UM/UIM coverage should not be overlooked. Normally your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.

Comprehensive or Other Than Collision

Comprehensive insurance pays for damage OTHER than collision with another vehicle or object. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things like damage from getting keyed, theft, damage from flooding and damage from a tornado or hurricane. The highest amount you can receive from a comprehensive claim is the actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Medical costs insurance

Coverage for medical payments and/or PIP provide coverage for bills for surgery, rehabilitation expenses, doctor visits and prosthetic devices. They are often utilized in addition to your health insurance program or if you lack health insurance entirely. Coverage applies to you and your occupants and also covers getting struck while a pedestrian. PIP is only offered in select states and gives slightly broader coverage than med pay

Liability auto insurance

Liability insurance can cover damage that occurs to people or other property that is your fault. It protects you against other people’s claims. Liability doesn’t cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have limits of 100/300/100 that means you have a limit of $100,000 per injured person, a per accident bodily injury limit of $300,000, and property damage coverage for $100,000. Alternatively, you may have a combined limit which provides one coverage limit and claims can be made without the split limit restrictions.

Liability coverage pays for things like emergency aid, loss of income, pain and suffering and attorney fees. The amount of liability coverage you purchase is a decision to put some thought into, but it’s cheap coverage so purchase as large an amount as possible.

Collision protection

Collision insurance will pay to fix damage to your CR-V resulting from colliding with another vehicle or an object, but not an animal. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims such as driving through your garage door, hitting a parking meter, sideswiping another vehicle and scraping a guard rail. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from older vehicles. Another option is to increase the deductible in order to get cheaper collision rates.