2008 Honda CR-V Car Insurance Cost

Have you had enough of being strong-armed to insure your Honda every month? Your situation is no different than millions of other consumers. Consumers have many insurance companies to pick from, and although it’s nice to be able to choose, it can be more difficult to find the lowest cost provider.

It’s important to shop coverage around once or twice a year because rates fluctuate regularly. Just because you found the best rates on CR-V insurance a few years ago you can probably find a better price now. Forget anything you know (or think you know) about insurance coverage because you’re about to find out how to use the internet to get good coverage at a lower rate.

How to Get Auto Insurance Comparison Quotes

All major auto insurance companies allow you to get coverage price quotes online. Obtaining pricing is quite easy as you just type in your required coverages as requested by the quote form. Once entered, their rating system gets information on your driving record and credit history and provides a quote determined by many factors. Online quotes helps simplify price comparisons, but the time required to go to multiple sites and complete many quote forms gets old quite quickly. Unfortunately, it is important to compare as many rates as possible if you are searching for better prices.

There is a better way to compare rates

A more efficient way to get multiple rate quotes utilizes a single form that gets price quotes from more than one company. It’s a real time-saver, eliminates repetitive work, and makes quoting online much more enjoyable. As soon as you send your information, it is quoted and you can choose any or none of the quotes that you receive.

If the quotes result in lower rates, it’s easy to complete the application and buy the new coverage. The entire process can be completed in less than 10 minutes and could lower your rates considerably.

To save time and get comparison pricing now, simply click here to open in new window and complete the simple form. If you have your current policy handy, we recommend you enter coverages and limits identical to your current policy. This helps ensure you are getting a price comparison based on similar coverages.

Discounts mean cheaper 2008 Honda CR-V insurance rates

The cost of insuring your cars can be expensive, but companies offer discounts to help bring down the price. Most are applied at quote time, but lesser-known reductions have to be inquired about prior to getting the savings. If you’re not getting every credit possible, you are throwing money away.

  • Service Members Pay Less – Being deployed with a military unit could mean lower rates.
  • Homeowners Savings – Owning a home may earn you a small savings because maintaining a house shows financial diligence.
  • Sign Online – Certain companies will give a small break for buying your policy over the internet.
  • No Accidents – Good drivers with no accidents can earn big discounts when compared to frequent claim filers.
  • Driver Safety – Taking a course in driver safety could cut 5% off your bill if you qualify.
  • Auto/Home Discount – When you combine your home and auto insurance with the same company you could get a discount of approximately 10% to 15%.
  • Passive Restraints and Air Bags – Factory air bags and/or automatic seat belt systems can qualify for discounts of 20% or more.
  • Drivers Education – Have your child complete a driver education course in school.
  • Early Switch Discount – Select companies give a discount for switching policies before your current expiration date. It’s a savings of about 10%.
  • Good Student Discount – Performing well in school can earn a discount of 20% or more. Earning this discount can benefit you until age 25.

Keep in mind that most discount credits are not given to the overall cost of the policy. Most only reduce individual premiums such as medical payments or collision. Even though it may seem like you can get free auto insurance, it doesn’t quite work that way. Any amount of discount will bring down the amount you have to pay.

For a list of providers with the best auto insurance discounts, click here to view.

Honda CR-V insurance rates have many determining factors

It’s important that you understand the rating factors that help determine your auto insurance rates. When you know what positively or negatively influences your rates allows you to make educated decisions that can help you get lower auto insurance prices.

  • Liability insurance protects assets – Liability coverage is the coverage that protects you when you are found to be at fault for causing damage or personal injury in an accident. Liability provides for a legal defense which can be incredibly expensive. Liability insurance is quite affordable when compared with rates for comp and collision, so buy as much as you can afford.
  • Lower deductibles cost more – Physical damage deductibles represent how much money you are willing to pay if you file a covered claim. Physical damage insurance, commonly called comprehensive (or other-than-collision) and collision coverage, covers damage that occurs to your car. Examples of covered claims would be colliding with a building, collision with an animal, or theft. The more you’re willing to pay, the bigger discount you will receive on CR-V insurance.
  • A clean driving record saves money – Whether or not you get tickets impacts your car insurance rates tremendously. Only having one citation can bump up the cost by as much as thirty percent. Drivers who don’t get tickets get better rates than people who have multiple driving citations. Drivers with severe tickets like DUI or reckless driving are required to submit a SR-22 form with the DMV in their state in order to drive a vehicle legally.
  • Don’t get talked into coverage you don’t need – There are a ton of add-on coverages that you can buy if you aren’t careful. Coverages for roadside assistance, towing coverage and membership fees are examples of these. They may seem like a good idea initially, but your needs may have changed so eliminate them to save money.
  • Pay less if you’re married – Being married helps lower the price when buying auto insurance. Marriage means you’re more mature than a single person and it’s proven that being married results in fewer claims.
  • Your car’s features help determine rates – Purchasing a vehicle with an alarm system can save you a little every year. Theft prevention features such as GM’s OnStar, tamper alarm systems and vehicle immobilizers all aid in stopping your vehicle from being stolen.
  • One company can mean more discounts – Some insurance companies will award you with lower prices to policyholders who buy several policies from them. It’s known as a multi-policy discount. Discounts can amount to 10 percent or more. Even if you’re getting this discount you still need to shop around to make sure you are getting the best deal.
  • Pleasure use saves money – Driving more miles each year the more you will pay for auto insurance. The majority of insurers rate vehicles based on how the vehicle is used. Vehicles left parked in the garage get more affordable rates compared to those used for work or business. If your policy improperly rates your CR-V may be costing you. Make sure your auto insurance coverage is rated on the proper vehicle usage.

Tailor your coverage to you

When it comes to buying coverage for your personal vehicles, there isn’t really a “perfect” insurance plan. Everyone’s needs are different so this has to be addressed. For example, these questions might help in determining if you might need professional guidance.

  • What is covered by UM/UIM coverage?
  • Is my custom paint covered by insurance?
  • When would I need rental car insurance?
  • What exactly is covered by my policy?
  • What is the ISO rating for a 2008 Honda CR-V?
  • Is my trailer covered?
  • What discounts do I qualify for?
  • If my pet gets injured in an accident are they covered?

If you don’t know the answers to these questions, then you may want to think about talking to an agent. To find lower rates from a local agent, take a second and complete this form or click here for a list of insurance coverage companies in your area. It only takes a few minutes and may give you better protection.

Don’t be fooled by advertising claims

Drivers can’t ignore all the ads for the lowest price auto insurance by State Farm, Allstate and GEICO. They all make the same claim that you’ll save big after switching to their company.

How can each company say the same thing?

Insurance companies are able to cherry pick for the right customer that is profitable for them. A good example of a driver they prefer might be a mature driver, owns a home, and drives less than 10,000 miles a year. Any new insured who fits that profile will get the preferred rates and as a result will probably pay quite a bit less when switching companies.

Potential insureds who don’t qualify for this ideal profile will be charged higher prices which leads to business going elsewhere. Company advertisements say “people who switch” but not “drivers who get quotes” save money. That’s why insurance companies can advertise the savings.

That is why you absolutely need to get as many comparisons as possible. You cannot predict which company will fit your personal profile best.

Auto insurance specifics

Having a good grasp of a auto insurance policy can help you determine which coverages you need and the correct deductibles and limits. Auto insurance terms can be impossible to understand and reading a policy is terribly boring. Shown next are typical coverage types found on the average auto insurance policy.

Coverage for collisions

Collision insurance pays for damage to your CR-V resulting from colliding with another car or object. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims like scraping a guard rail, backing into a parked car, hitting a parking meter, hitting a mailbox and sideswiping another vehicle. Paying for collision coverage can be pricey, so you might think about dropping it from lower value vehicles. Another option is to increase the deductible to get cheaper collision coverage.

Medical expense coverage

Med pay and PIP coverage kick in for immediate expenses for funeral costs, chiropractic care, prosthetic devices, ambulance fees and EMT expenses. They can be used to cover expenses not covered by your health insurance program or if there is no health insurance coverage. Coverage applies to not only the driver but also the vehicle occupants as well as if you are hit as a while walking down the street. PIP coverage is not universally available and may carry a deductible

Liability coverage

Liability insurance can cover injuries or damage you cause to other’s property or people by causing an accident. This insurance protects YOU against claims from other people, and doesn’t cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. As an example, you may have limits of 50/100/50 which means $50,000 in coverage for each person’s injuries, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000. Another option is a combined limit which combines the three limits into one amount with no separate limits for injury or property damage.

Liability coverage pays for claims such as funeral expenses, attorney fees, repair costs for stationary objects, court costs and emergency aid. How much coverage you buy is a decision to put some thought into, but it’s cheap coverage so purchase as high a limit as you can afford.

Comprehensive protection

This pays for damage OTHER than collision with another vehicle or object. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive insurance covers things like hitting a bird, falling objects, damage from getting keyed and a broken windshield. The maximum payout your auto insurance company will pay is the cash value of the vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Uninsured or underinsured coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other motorists when they are uninsured or don’t have enough coverage. Covered losses include hospital bills for your injuries and damage to your 2008 Honda CR-V.

Because many people only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is a good idea. Usually the UM/UIM limits are similar to your liability insurance amounts.

Find Good Coverage for Less

As you prepare to switch companies, don’t be tempted to skimp on coverage in order to save money. There are a lot of situations where an insured dropped uninsured motorist or liability limits and discovered at claim time that it was a big error on their part. The proper strategy is to buy enough coverage at a price you can afford while not skimping on critical coverages.

We covered a lot of techniques to reduce 2008 Honda CR-V insurance prices online. The key thing to remember is the more quotes you get, the better likelihood of reducing your rate. You may even find the lowest rates come from a smaller regional carrier. These smaller insurers may cover specific market segments cheaper compared to the large companies like GEICO and State Farm.

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