2011 Honda CR-V Car Insurance Rates

Trying to find the cheapest insurance rates? Buyers have a choice when searching for the best price on Honda CR-V insurance. They can either spend hours calling around trying to get quotes or use the internet to get rate quotes.

There is a right way and a wrong way to compare insurance rates so we’re going to tell you the proper way to price shop coverage for a Honda and find the lowest price.

This article will introduce you to how car insurance quotes work and some tips to save money. If you have car insurance now, you should be able to cut costs considerably using this strategy. Drivers just need to understand the proper way to shop online.

Your Honda CR-V insurance rate is a complex equation

It’s important that you understand the different types of things that come into play when calculating car insurance rates. Knowing what determines base rates helps enable you to make changes that may reward you with big savings.

The list below includes a few of the “ingredients” that factor into rates.

  • Discounts for married couples – Having a wife or husband actually saves money on car insurance. It is viewed as being more responsible and it’s proven that being married results in fewer claims.
  • Do you have enough liability coverage? – Liability coverage is the coverage that protects you if you are found liable for damages caused by your negligence. It provides you with a defense in court which can be incredibly expensive. Carrying liability coverage is mandatory and cheap when compared with rates for comp and collision, so buy as much as you can afford.
  • Mature drivers pay less – Older insureds are more cautious drivers, tend to file fewer claims and get fewer tickets. Teenage drivers are known to be less responsible when behind the wheel therefore car insurance rates are much higher.
  • Your car insurance rates can be influenced by your job – Did you know your occupation can influence how much you pay for car insurance? Careers like real estate brokers, social workers and stock brokers are shown to have the highest rates in part from job stress and long work days. On the other hand, professions such as actors, students and homemakers pay the least on CR-V coverage.
  • High crash test scores lower rates – Vehicles with good safety scores can get you lower premiums. Safer cars reduce injuries and fewer injuries translates into fewer and smaller insurance claims passed on to you as lower rates. If your Honda CR-V earned at least four stars on Safercar.gov or an “acceptable” rating on iihs.org it is probably cheaper to insure.
  • Where you live is a factor – Living in a rural area is a positive aspect when buying car insurance. Lower population means a lower chance of having an accident. Urban drivers tend to have more traffic problems and much longer commute distances. Longer commute distances translates into higher accident risk.
  • Poor credit can mean higher rates – Your credit score is a big factor in determining what you pay for car insurance. If your credit rating is lower than you’d like, you could potentially save money when insuring your 2011 Honda CR-V by improving your rating. Drivers with good credit tend to file fewer claims and have better driving records than drivers with poor credit.

Finding Insurance Deals

Getting a cheaper price on 2011 Honda CR-V insurance is not a difficult process. Drivers just need to spend a little time comparing rates provided by online insurance companies. It is quite easy and can be accomplished in several different ways.

The recommended way to compare a lot of rates at once is an all-inclusive rate comparison like this one (opens in new window). This type of form prevents you from having to do boring form submissions to each individual insurance company. One quote request gets you price quotes from several companies. This is perfect if you don’t have a lot of time.

A harder way to get comparison quotes is to manually visit each company website and request a quote. For sake of this example, let’s assume you want rates from Geico, Progressive and American Family. To get each rate you have to go to every website to input your insurance information, and that’s why the first method is more popular. For a list of links to companies insuring cars in your area, click here.

The least recommended way to get comparison rates is to spend your day driving to insurance agents’ offices. The ability to buy insurance online makes this process obsolete unless you require the personal advice only provided by licensed agents. However, consumers can find lower rates online but still have the advice of a local agent and you’ll learn how to do that later.

It doesn’t matter which method you choose, just ensure you’re using identical deductibles and coverage limits for every quote you compare. If you use differing limits it will be next to impossible to determine the lowest rate for your Honda CR-V.

Cut prices on Honda CR-V insurance

Insuring your vehicles can cost a lot, but there could be available discounts that can drop the cost substantially. Certain discounts will be applied at quote time, but less common discounts must be asked for before they will apply. If you aren’t receiving every discount possible, you’re just leaving money on the table.

  • Student Driver Training – Have your child enroll in driver’s education in high school.
  • Driver Safety – Successfully completing a course in driver safety could possibly earn you a 5% discount if you qualify.
  • Save over 55 – Mature drivers may be able to get a small decrease in premiums on CR-V coverage.
  • Low Mileage – Keeping the miles down on your Honda can qualify you for discounted rates on garaged vehicles.
  • Life Insurance – Companies who offer life insurance give better rates if you take out life insurance.
  • Paperwork-free – A few companies will give a small break simply for signing on their website.
  • Government Employees – Active or retired federal employment can earn a discount up to 10% on CR-V coverage with a few car insurance companies.
  • Clubs and Organizations – Being a member of a civic or occupational organization could trigger savings when buying car insurance on CR-V coverage.
  • Passive Restraints and Air Bags – Factory air bags and/or automatic seat belt systems may earn rate discounts of up to 25% or more.

As a disclaimer on discounts, most discounts do not apply the the whole policy. Most only cut specific coverage prices like comprehensive or collision. So even though they make it sound like adding up those discounts means a free policy, you’re out of luck. But any discount will bring down the cost of coverage.

To see a list of companies who offer car insurance discounts, follow this link.

Tailor your coverage to you

When it comes to buying coverage, there is no single plan that fits everyone. Everyone’s situation is a little different.

For instance, these questions can help discover whether you may require specific advice.

  • Is my trailer covered?
  • Am I covered by my spouse’s policy after a separation?
  • How high should deductibles be on a 2011 Honda CR-V?
  • Does my medical payments coverage pay my health insurance deductible?
  • Are my friends covered when driving my car?
  • Does my policy cover me when driving someone else’s vehicle?
  • Should I file a claim if it’s only slightly more than my deductible?
  • Do I have coverage for damage caused while driving under the influence?

If you can’t answer these questions then you might want to talk to a licensed insurance agent. To find an agent in your area, take a second and complete this form. It’s fast, doesn’t cost anything and can help protect your family.

Detailed coverages of your car insurance policy

Learning about specific coverages of car insurance can be of help when determining the right coverages for your vehicles. Policy terminology can be ambiguous and nobody wants to actually read their policy.

Auto collision coverage

This coverage covers damage to your CR-V resulting from a collision with an object or car. You will need to pay your deductible then your collision coverage will kick in.

Collision coverage protects against things such as backing into a parked car, rolling your car, hitting a mailbox, crashing into a ditch and scraping a guard rail. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Drivers also have the option to bump up the deductible in order to get cheaper collision rates.

UM/UIM Coverage

Uninsured or Underinsured Motorist coverage provides protection from other motorists when they either have no liability insurance or not enough. Covered losses include injuries sustained by your vehicle’s occupants and also any damage incurred to your Honda CR-V.

Since many drivers carry very low liability coverage limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages is very important. Usually these limits do not exceed the liability coverage limits.

Liability coverage

Liability coverage can cover injuries or damage you cause to a person or their property by causing an accident. It protects you against other people’s claims, 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. You commonly see policy limits of 100/300/100 which means $100,000 in coverage for each person’s injuries, a per accident bodily injury limit of $300,000, and a limit of $100,000 paid for damaged property. Alternatively, you may have a combined limit which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability coverage pays for claims such as structural damage, medical services, repair bills for other people’s vehicles and medical expenses. The amount of liability coverage you purchase is a decision to put some thought into, but consider buying as high a limit as you can afford.

Medical costs insurance

Personal Injury Protection (PIP) and medical payments coverage reimburse you for expenses like doctor visits, rehabilitation expenses, dental work, pain medications and prosthetic devices. The coverages can be used to fill the gap from your health insurance policy or if you do not have health coverage. They cover you and your occupants as well as being hit by a car walking across the street. Personal injury protection coverage is not an option in every state but can be used in place of medical payments coverage

Comprehensive or Other Than Collision

Comprehensive insurance coverage pays for damage that is not covered by collision coverage. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage pays for things like rock chips in glass, theft, damage from flooding, hitting a bird and hail damage. The maximum amount you’ll receive from a claim is the ACV or actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Summing up your auto insurance search

Consumers switch companies for a number of reasons such as questionable increases in premium, policy non-renewal, high rates after DUI convictions or even not issuing a premium refund. No matter why you want to switch, finding a new auto insurance company can be pretty painless.

You just learned some good ideas how to lower your 2011 Honda CR-V insurance rates. It’s most important to understand that the more rate quotes you have, the better your comparison will be. You may even find the biggest savings come from the smaller companies.

Cheap insurance is attainable both online as well as from independent agents, so you should compare both to have the best rate selection. A few companies don’t offer online quoting and these smaller companies work with independent agents.

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