Compare 2007 Honda CR-V Insurance Rates

Trying to find lower insurance rates for your Honda CR-V? Are you overwhelmed by the crazy number of insurance company choices? You’re not the only one! There are so many options available that it can quickly become a real challenge to find the lowest price.

Free Quotes for Insurance Coverage

Most companies such as State Farm, GEICO and Progressive give coverage prices online. Getting quotes doesn’t take a lot of time as you simply enter the amount of coverage you want into the quote form. After you complete the form, the company’s rating system automatically orders your driving and credit reports and returns pricing information determined by many factors.

Quoting online helps simplify price comparisons, but the work required to visit multiple sites and complete many quote forms can be a bit repetitive. But it’s absolutely necessary to perform this step in order to get the best price on insurance coverage.

The preferred way to locate the lowest prices requires only one form that gets price quotes from several different companies. It saves time, eliminates form submissions, and makes comparison shopping much simpler. After your information is entered, it is rated with multiple companies and you can pick your choice of the quotes that you receive.

If a lower price is quoted, you can click and sign and purchase the new policy. This process only takes a few minutes and can result in significant savings.

To find out how much you’re overpaying now, click here to open in a new tab and fill out the form. If you currently have coverage, we recommend you complete the form with the limits and deductibles just like they are on your policy. This makes sure you’re receiving an apples-to-apples comparison for exact coverage.

You probably qualify for some discounts

Insuring your vehicles can cost a lot, but you can get discounts that you may not know about. Certain discounts will be applied when you quote, but lesser-known reductions have to be asked for before being credited.

  • No Accidents – Good drivers with no accidents can save substantially when compared with drivers who are more careless.
  • Save over 55 – If you qualify as a senior citizen, you may be able to get reduced rates for CR-V coverage.
  • Seat Belt Usage – Buckling up and requiring all passengers to buckle their seat belts could cut 10% or more off your medical payments premium.
  • Bundle and Save – When you combine your home and auto insurance with the same insurance company you will save at least 10% off all policies.
  • One Accident Forgiven – A handful of insurance companies allow you one accident before your rates go up so long as you haven’t had any claims prior to the accident.
  • Drive Safe and Save – Drivers who avoid accidents can get discounts for up to 45% lower rates for CR-V coverage than less cautious drivers.
  • Homeowners Savings – Owning a house may earn you a small savings because of the fact that having a home is proof that your finances are in order.

Consumers should know that most of the big mark downs will not be given to the entire cost. Most only apply to the cost of specific coverages such as medical payments or collision. So even though they make it sound like you would end up receiving a 100% discount, auto insurance companies aren’t that generous. But all discounts will cut your overall premium however.

For a list of insurers offering auto insurance discounts, click here.

There’s no such thing as the perfect policy

When it comes to buying the best car insurance coverage for your personal vehicles, there really is no perfect coverage plan. Each situation is unique.

For example, these questions may help you determine if your situation might need an agent’s assistance.

  • Will I be non-renewed for getting a DUI or other conviction?
  • Do I have coverage if my license is suspended?
  • What is roadside assistance coverage?
  • Does coverage extend to a rental car in a foreign country?
  • Is a blown tire covered by insurance?
  • Is my camper covered by my car insurance policy?
  • What if I total my 2007 Honda CR-V and owe more than it’s worth?
  • Does medical payments coverage apply to all occupants?
  • When does my teenage driver need to be added to my policy?

If you can’t answer these questions but one or more may apply to you then you might want to talk to an insurance agent. To find lower rates from a local agent, take a second and complete this form.

Impacting insurance rates for a Honda CR-V

Consumers need to have an understanding of some of the elements that go into determining insurance coverage rates. When you know what positively or negatively impacts premium levels enables informed choices that could result in lower insurance coverage prices.

Listed below are a partial list of the pieces insurance coverage companies consider when setting premiums.

  • Extra add-on coverages are wasting money – There are a lot of add-on coverages that you can get tricked into buying on your CR-V policy. Things like personal injury protection, accidental death and additional equipment coverage are some examples. These coverages may sound good at first, but now you might not need them so remove them from your policy.
  • Theft deterrents lower rates – Owning a car with anti-theft technology or alarm system can save you a little every year. Anti-theft devices such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems can help prevent your car from being stolen.
  • Protect your assets with liability insurance – The liability section of your policy is the coverage that protects you in the event that you are found liable for damages caused by your negligence. It will provide legal defense starting from day one. Liability is cheap compared to insuring for physical damage coverage, so do not cut corners here.
  • More people means more accidents – Residing in less populated areas can be a good thing when buying insurance coverage. Drivers who live in large cities tend to have much more traffic and longer commute times. Less people living in that area means reduced accidents and a lower car theft rate.
  • Traffic violations increase rates – Even one citation can bump up the cost forty percent or more. Drivers who don’t get tickets have lower premiums than people who have multiple driving citations. If you have severe violations like DUI or reckless driving may find they need to submit a SR-22 or proof of financial responsibility with their state DMV in order to drive a vehicle legally.
  • Older drivers save more – Teen drivers are statistically proven to be more careless in a vehicle so insurance coverage rates are higher. Mature drivers are viewed as being more responsible, tend to cause fewer accidents and receive fewer citations.
  • Don’t cancel a policy without a new one in place – Driving your car without having proper coverage is against the law and insurance coverage companies will penalize you for letting your coverage have a gap. Not only will you pay more, but not being able to provide proof of insurance might get you a license revocation or jail time.

Information about specific coverages

Knowing the specifics of your policy can help you determine which coverages you need for your vehicles. Insurance terms can be impossible to understand and coverage can change by endorsement.

Auto liability insurance – Liability coverage protects you from damages or injuries you inflict on people or other property in an accident. This coverage protects you from claims by other people. Liability doesn’t cover your own vehicle damage or injuries.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see policy limits of 50/100/50 which means a limit of $50,000 per injured person, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property. Occasionally you may see one limit called combined single limit (CSL) which limits claims to one amount rather than limiting it on a per person basis.

Liability coverage protects against things such as repair costs for stationary objects, structural damage and legal defense fees. How much liability should you purchase? That is a personal decision, but buy as large an amount as possible.

Comprehensive coverages – Comprehensive insurance coverage will pay to fix damage that is not covered by collision coverage. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims such as damage from getting keyed, damage from flooding and a tree branch falling on your vehicle. The highest amount your insurance company will pay is the market value of your vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.

Uninsured and underinsured coverage – Your UM/UIM coverage provides protection from other motorists when they either are underinsured or have no liability coverage at all. Covered losses include medical payments for you and your occupants as well as your vehicle’s damage.

Due to the fact that many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage should not be overlooked. Most of the time these limits are identical to your policy’s liability coverage.

Collision – This pays for damage to your CR-V caused by collision with another car or object. A deductible applies then the remaining damage will be paid by your insurance company.

Collision insurance covers claims such as rolling your car, hitting a parking meter and crashing into a ditch. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are 8 years or older. You can also increase the deductible to get cheaper collision coverage.

Coverage for medical payments – Medical payments and Personal Injury Protection insurance pay for bills for things like nursing services, dental work, rehabilitation expenses and hospital visits. They are often used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover you and your occupants in addition to any family member struck as a pedestrian. Personal Injury Protection is only offered in select states and gives slightly broader coverage than med pay

Spend less. Save more.

When shopping online for insurance, make sure you don’t buy less coverage just to save a little money. There are many occasions where drivers have reduced liability limits or collision coverage and discovered at claim time that it was a big mistake. Your focus should be to purchase a proper amount of coverage for the lowest price, not the least amount of coverage.

We’ve covered some good ideas how you can get a better price on 2007 Honda CR-V insurance. The most important thing to understand is the more companies you get rates for, the higher your chance of finding lower rates. Consumers may even find the lowest priced insurance comes from a small mutual company.

Consumers change insurance companies for a variety of reasons including denial of a claim, unfair underwriting practices, lack of trust in their agent and delays in responding to claim requests. Regardless of your reason, switching insurance companies is actually quite simple.

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