2016 Honda CR-V Car Insurance Rates

Consumers have options when looking for the best price on Honda CR-V insurance. They can either waste time driving around trying to get quotes or leverage the internet to make rate comparisons.

There are more efficient ways to compare auto insurance rates so you’re going to learn the absolute fastest way to compare rates for a new or used Honda and get the best price possible from both online companies and local agents.

You should take the time to shop coverage around once or twice a year because rates are usually higher with each renewal. Even if you got the best premium rates on CR-V coverage a few years ago other companies may now be cheaper. Forget anything you know (or think you know) about auto insurance because I’m going to teach you the tricks you need to know to find better rates and still maintain coverage.

Why smart buyers pay less for Honda CR-V insurance

It’s important that you understand the factors that go into determining auto insurance rates. If you have some idea of what impacts premium levels, this empowers consumers to make smart changes that will entitle you to lower premium levels. Multiple criteria are considered when quoting car insurance. A few of the factors are predictable like a motor vehicle report, but some are not quite as obvious like where you live or your financial responsibility.

The items below are most of the major factors auto insurance companies consider when setting your rates.

  • Buy as much liability as you can afford – Liability insurance is the coverage that protects you if you are responsible for personal injury or accident damage. Liability provides legal defense starting from day one. Liability insurance is quite affordable when compared to the cost of physical damage coverage, so insureds should have plenty of protection for their assets.
  • You might pay more if you are single – Your spouse may earn you lower rates on your auto insurance bill. Marriage means you’re more stable financially it has been statistically shown that drivers who are married are more cautious.
  • Pleasure use saves money – The more you drive in a year’s time the more it will cost to insure it. Many insurance companies calculate rates based upon how much you drive. Cars and trucks that sit idle most of the time receive lower rates than vehicles that are driven to work every day. Having the wrong rating on your CR-V may be costing you higher rates. Make sure your auto insurance coverage is rated on the correct usage for each vehicle.
  • Higher deductibles are cheaper – Insurance for physical damage, also called ‘full coverage’, covers your vehicle from damage. Some coverage claims would be colliding with a building, hitting a deer, and windstorm damage. The deductibles represent how much money you are required to spend if a claim is determined to be covered. The more damage repair cost you’re willing to pay, the lower your rates will be on CR-V coverage.

How to get insurance coverage quotes

All the larger insurance coverage companies provide price estimates directly from their websites. Getting quotes doesn’t take a lot of time as you simply type in your coverage preferences into a form. When complete, the quote system requests your credit score and driving record and gives you a price quote based on these and other factors.

This makes it easy to compare insurance prices but the time it takes to visit each company’s website and repetitively type in the same data is a big time waster. But it’s very important to compare as many rates as possible if you want to find better insurance coverage pricing.

The preferred way to lower your insurance coverage bill makes use of a single form to get prices from a bunch of companies at once. The form is fast, helps eliminate reptitive entry, and makes price shopping online much more enjoyable and efficient. As soon as the form is sent, it is rated and you are able to buy any or none of the price quotes you receive.

If a lower price is quoted, you simply finish the application and buy the new coverage. The entire process takes just a few minutes to complete and may save quite a bit of money.

To quickly fill out one form to compare multiple rates now, simply click here to open in new window and enter your information. If you have your current policy handy, we recommend you replicate the insurance coverages as shown on your current policy. Doing this assures you will receive rate comparison quotes based on the exact same insurance coverage.

Are auto insurance companies telling the truth?

Drivers can’t get away from all the ads that promise big savings for switching by 21st Century, Allstate and State Farm. All the ads make the point that drivers will save a bundle if you change your auto insurance policy to them.

How does every auto insurance company charge less that you’re paying now? It’s all in the numbers.

Many companies have a preferred profile for a prospective insured that will generate a profit. For instance, a desirable risk might be between the ages of 40 and 55, has a low-risk occupation, and has a short commute. A customer getting a price quote who matches those parameters will get the preferred car insurance rates and will most likely save when they switch companies.

Consumers who are not a match for the requirements will probably be forced to pay higher prices with the end result being the customer not purchasing. If you pay attention, the ads say “drivers that switch” not “everyone that quotes” can save as much as they claim. That’s why companies can state the savings.

Because of these techniques, drivers should get as many free insurance coverage quotes as possible. You cannot predict which company will be your best fit.

Cheaper car insurance rates with discounts

Auto insurance companies don’t always publicize every possible discount very clearly, so here is a list some of the best known as well as some of the hidden credits that may apply to you. If you aren’t receiving every discount you deserve, you could be paying more than you need to.

  • Fewer Miles Equal More Savings – Low mileage vehicles could be rewarded with better car insurancerates on cars that stay parked.
  • Payment Discounts – If you pay your entire premium ahead of time rather than paying monthly you can actually save on your bill.
  • Sign Early and Save – Some car insurance companies give discounts for buying a new policy early. The savings is around 10%.
  • Military Discounts – Having an actively deployed family member could mean lower premium rates.
  • Discounts for Government Workers – Active or former government employment may reduce rates when you quote insurance coverage on CR-V coverage with select insurance companies.

It’s important to understand that some credits don’t apply to your bottom line cost. Some only apply to the price of certain insurance coverages like comp or med pay. Despite the fact that it seems like you can get free auto insurance, it’s just not the way it works.

To find insurance companies that offer multiple discounts, click this link.

Tailor your insurance coverage to you

When it comes to buying the right insurance coverage, there really is not a “best” method to buy coverage. Every situation is different.

For instance, these questions could help you determine if you might need professional guidance.

  • Is my camper covered by my car insurance policy?
  • Why am I required to buy high-risk coverage?
  • Can I drive in Mexico and have coverage?
  • Who is covered by my policy?
  • What is medical payments coverage?
  • I have a DUI can I still get coverage?
  • What is UM/UIM insurance?
  • Do I need added coverage for expensive stereo equipment?
  • Am I covered when driving someone else’s vehicle?
  • If my 2016 Honda CR-V is totaled, can I afford another vehicle?

If it’s difficult to answer those questions, you may need to chat with an agent. To find an agent in your area, simply complete this short form. It’s fast, free and can help protect your family.

Information about specific coverages

Having a good grasp of your insurance policy helps when choosing which coverages you need and proper limits and deductibles. Policy terminology can be difficult to understand and coverage can change by endorsement.

Liability coverages

Liability coverage can cover injuries or damage you cause to other people or property. This coverage protects you against other people’s claims, and does not provide coverage for damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see limits of 100/300/100 that translate to $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 one number which is a combined single limit which limits claims to one amount without having the split limit caps.

Liability can pay for claims such as emergency aid, medical expenses, repair bills for other people’s vehicles, repair costs for stationary objects and loss of income. How much coverage you buy is up to you, but you should buy as much as you can afford.

Collision coverage protection

This coverage will pay to fix damage to your CR-V from colliding with an object or car. You will need to pay your deductible and then insurance will cover the remainder.

Collision insurance covers things such as colliding with a tree, colliding with another moving vehicle, hitting a parking meter and rolling your car. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. It’s also possible to choose a higher deductible to get cheaper collision coverage.

UM/UIM Coverage

This gives you protection when the “other guys” do not carry enough liability coverage. Covered losses include hospital bills for your injuries and also any damage incurred to your Honda CR-V.

Since a lot of drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is very important. Normally your uninsured/underinsured motorist coverages are set the same as your liablity limits.

Comprehensive or Other Than Collision

Comprehensive insurance pays to fix your vehicle from damage from a wide range of events other than collision. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims like hail damage, vandalism, damage from flooding, fire damage and a broken windshield. The maximum payout you can receive from a comprehensive claim is the market value of your vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Medical costs insurance

Med pay and PIP coverage reimburse you for expenses for EMT expenses, ambulance fees, pain medications, dental work and chiropractic care. They are often used in conjunction with a health insurance plan or if you lack health insurance entirely. They cover both the driver and occupants and will also cover being hit by a car walking across the street. Personal Injury Protection is not available in all states but can be used in place of medical payments coverage

Quote often and quote early

Insureds leave their current company for a number of reasons such as an unsatisfactory settlement offer, policy non-renewal, being labeled a high risk driver or even policy cancellation. It doesn’t matter what your reason, finding a great new company can be easy and end up saving you some money.

You just learned some good ideas how you can reduce 2016 Honda CR-V insurance car insurance rates online. The most important thing to understand is the more rate quotes you have, the higher the chance of saving money. You may even discover the best car insurance rates are with a company that doesn’t do a lot of advertising.

As you shop your coverage around, you should never reduce coverage to reduce premium. There are many occasions where someone sacrificed liability coverage limits and learned later that their decision to reduce coverage ended up costing them more. The aim is to find the BEST coverage for the lowest cost but still have enough coverage for asset protection.

Additional information is available at the links below