Compare 2006 Honda CR-V Insurance Quotes

Looking for cheaper insurance coverage rates for your Honda CR-V? Insurance shopping is not a task drivers look forward to, but it’s mandatory in order to drive legally.

You need to take a look at other company’s rates before your policy renews because prices trend upward over time. Even if you think you had the best deal for CR-V insurance a year ago you may be paying too much now. Starting now, block out anything you think you know about insurance coverage because you’re going to get a crash course in how to quote online to properly buy coverages and cut your premium.

Low Cost Auto Insurance

There are several ways to compare Honda CR-V auto insurance prices but some are less time-consuming than others. You could waste time driving to local insurance agents in your area, or you could use the internet to get the quickest rates.

Many insurance companies belong to a marketplace where prospective buyers send in one quote, and each company returns a competitive quote determined by their information. This system prevents you from having to do quotation requests for each company.

To find out how much you’re overpaying now click here (opens in new window).

The single downside to pricing coverage this way is that you can’t choose which providers to get quotes from. So if you want to select specific providers to request quotes from, we have a page of low cost auto insurance companies in your area. Click here for list of insurance companies.

It’s up to you which method you use, but ensure you are comparing apples-to-apples information for every company. If you use differing limits you can’t possibly determine the best price for your Honda CR-V. Slightly different coverages can mean a large discrepancy in price. And when price shopping your coverage, obtaining a wide range of quotes helps locate better pricing.

Factors that might impact rates for a Honda CR-V

An important part of buying insurance is that you know the factors that go into determining the price you pay for insurance. When you know what positively or negatively impacts premium levels empowers consumers to make smart changes that could result in lower insurance prices.

Listed below are a few of the “ingredients” used by your company to calculate premiums.

  • Higher safety ratings means cheaper insurance – Cars with high safety ratings can get you lower premiums. These vehicles reduce injuries and lower injury rates translates into savings for insurance companies passed on to you as lower rates. If your Honda CR-V has ratings of a minimum four stars on Safercar.gov or an “acceptable” rating on iihs.org you are probably receiving a discount.
  • Your age impacts your rates – More mature drivers are more responsible, tend to file fewer claims and are safer drivers. Teenage drivers are statistically proven to be more careless when driving therefore insurance rates are much higher.
  • Liability coverage is cheap – The liability section of your policy will protect you in the event that you are found to be at fault for damages from an accident. Liability provides for a legal defense which can cost thousands of dollars. Liability is cheap compared to insuring for physical damage coverage, so buy as much as you can afford.
  • Women pay lower rates – Statistics demonstrate that women are safer drivers than men. However, don’t assume that women are better drivers. Men and women tend to get into accidents at a similar rate, but the men cause more damage and cost insurance companies more money. Men also statistically get more serious tickets like DUI and reckless driving.

Cut prices on Honda CR-V insurance

Companies do not list all their discounts very well, so we researched some of the more common and the harder-to-find ways to save on insurance coverage.

  • Homeowners Discount – Simply owning a home can save you money because maintaining a house is proof that your finances are in order.
  • Student Driver Training – Have your child enroll in driver’s education in school.
  • Theft Prevention System – Cars that have factory anti-theft systems can help prevent theft and qualify for as much as a 10% discount.
  • Low Mileage – Low mileage vehicles can earn lower rates on the low mileage vehicles.
  • No Accidents – Claim-free drivers pay much less when compared to drivers who are more careless.
  • Safe Driver Discount – Insureds without accidents may receive a discount up to 45% less for CR-V insurance than drivers with accident claims.
  • Multiple Vehicles – Buying coverage for multiple vehicles on one policy could earn a price break for each car.
  • Paperless Signup – A few companies may give you up to $50 for buying your policy online.

Consumers should know that most discounts do not apply to the entire policy premium. Some only apply to the cost of specific coverages such as liability, collision or medical payments. Just because it seems like having all the discounts means you get insurance for free, companies don’t profit that way.

Companies that possibly offer these benefits may include but are not limited to:

It’s a good idea to ask all companies you are considering what discounts are available to you. Savings might not apply in every state.

Tailor your coverage to you

When it comes to buying the best auto insurance coverage for your personal vehicles, there really is not a “best” method to buy coverage. Everyone’s needs are different.

For example, these questions could help you determine if your situation will benefit from professional help.

  • What companies insure drivers after a DUI or DWI?
  • Are my friends covered when driving my car?
  • Is there coverage for injuries to my pets?
  • Will I lose any money if I cancel my policy before it expires?
  • What are the best liability limits?
  • Is my cargo covered for damage or theft?
  • Do I need medical payments coverage since I have good health insurance?
  • How much underlying liability do I need for an umbrella policy?
  • Do I need PIP coverage since I have good health insurance?
  • Am I covered if my car is in a flood?

If it’s difficult to answer those questions but you know they apply to you, then you may want to think about talking to an insurance agent. If you want to speak to an agent in your area, complete this form.

What auto insurance coverages do you need?

Learning about specific coverages of your policy can be of help when determining appropriate coverage and the correct deductibles and limits. The coverage terms in a policy can be impossible to understand and nobody wants to actually read their policy.

Comprehensive auto coverage

This coverage pays for damage OTHER than collision with another vehicle or object. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers things like falling objects, damage from getting keyed and a broken windshield. The maximum payout you’ll receive from a claim is the actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Liability insurance

This provides protection from damages or injuries you inflict on other’s property or people in an accident. This insurance protects YOU against claims from other people, and does not provide coverage for your injuries or vehicle damage.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show liability limits of 50/100/50 which means a $50,000 limit per person for injuries, a limit of $100,000 in injury protection per accident, and a total limit of $50,000 for damage to vehicles and property.

Liability insurance covers things such as structural damage, legal defense fees, pain and suffering and attorney fees. How much coverage you buy is your choice, but you should buy higher limits if possible.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other motorists when they do not carry enough liability coverage. It can pay for injuries to you and your family as well as damage to your Honda CR-V.

Because many people only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Auto collision coverage

This coverage pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. You first must pay a deductible then your collision coverage will kick in.

Collision coverage pays for things such as colliding with a tree, sideswiping another vehicle and crashing into a ditch. This coverage can be expensive, so you might think about dropping it from vehicles that are 8 years or older. Another option is to choose a higher deductible to get cheaper collision coverage.

Medical payments and PIP coverage

Medical payments and Personal Injury Protection insurance reimburse you for bills such as hospital visits, chiropractic care and rehabilitation expenses. They are used to fill the gap from your health insurance plan or if you are not covered by health insurance. It covers not only the driver but also the vehicle occupants as well as any family member struck as a pedestrian. Personal injury protection coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Saving money is sweet as honey

Insureds leave their current company for any number of reasons including delays in paying claims, lack of trust in their agent, delays in responding to claim requests or even policy cancellation. Whatever your reason, choosing a new insurance company can be pretty painless.

When you buy insurance online, it’s not a good idea to reduce needed coverages to save money. There are too many instances where an insured dropped full coverage only to discover later that it was a big mistake. The ultimate goal is to find the BEST coverage at an affordable rate while still protecting your assets.

You just learned a lot of techniques to shop for 2006 Honda CR-V insurance online. The key thing to remember is the more you quote, the better likelihood of reducing your rate. Drivers may discover the lowest priced auto insurance comes from some of the smallest insurance companies.

Even more information is available at these sites: