Cheaper 2016 Honda HR-V Insurance Rates

Want the cheapest insurance rates for your Honda HR-V? Sick and tired of paying out the nose each month for car insurance? You’re in the same situation as many other drivers. Lots of insurers contend to insure your vehicles, so it can be very hard to choose a insurance company to get the best rates possible.

It’s important to get comparison quotes occasionally since rates trend upward over time. Just because you had the best price on HR-V insurance last year you may be paying too much now. Starting now, forget all the misinformation about insurance because I’m going to teach you the proper way to save on insurance.

The quickest method we recommend to compare insurance rates in your area is to know the trick most of the larger companies pay for the opportunity to give rate comparisons. The only thing you need to do is take a few minutes to give details such as whether you are married, if a SR-22 is required, what your job is, and if you are currently licensed. Your details is then submitted to multiple insurance providers and you will receive price estimates quickly.

Why your Honda HR-V insurance rates may be high

Consumers need to have an understanding of the rating factors that help determine your insurance rates. Understanding what influences your rates enables informed choices that may reward you with big savings.

  • Discounts for married couples – Getting married actually saves money on your insurance policy. Having a spouse translates into being more mature than a single person and it’s statistically proven that married couples file fewer claims.
  • What are your deductibles? – The deductibles represent how much money you are required to spend out-of-pocket before a claim is paid by your company. Insurance for physical damage to your car, commonly called comprehensive (or other-than-collision) and collision coverage, protects your car from damage. A few examples of covered claims could be colliding with a building, vandalism, and burglary. The more expense you have to pay, the bigger discount you will receive on HR-V insurance.
  • Men are more aggressive – Statistics demonstrate women are more cautious behind the wheel. Now that doesn’t mean women are BETTER drivers than men. Men and women tend to get into accidents in similar percentages, but the males tend to have more serious accidents. They also have more aggressive citations like DUI and reckless driving.
  • Liability coverage is peace of mind – The liability section of your policy will protect you if ever you are found liable for damages from an accident. Liability provides legal defense starting from day one. This coverage is very inexpensive compared to insuring for physical damage coverage, so buy as much as you can afford.
  • High crash test scores lower rates – Vehicles with high crash test scores can get you lower premiums. Safe vehicles protect occupants better and fewer injuries translates into fewer and smaller insurance claims passed on to you as lower rates. If your Honda earned at least four stars on Safercar.gov or an “acceptable” rating on iihs.org it may be receiving lower rates.
  • More than one policy can earn a discount – The majority of insurers will give a discount to insureds who carry more than one policy in the form of a multi-policy discount. If you currently are using one company, it’s in your best interest to comparison shop to confirm you are receiving the best rates possible.
  • Rates may be higher depending on your occupation – Did you know that where you work can have an impact on rates? Occupations such as judges, architects and dentists are shown to have the highest average rates in part from stressful work requirements and lots of time spent at work. Other jobs such as farmers, historians and homemakers pay the least on HR-V insurance.
  • An active claims history can cost you – Auto insurance companies award lower rates to policyholders who are claim-free. If you are a frequent claim filer, you can expect either higher rates or even cancellation. Your insurance policy is intended to be relied upon for major claims that would cause financial hardship.

Cut prices on Honda HR-V insurance

Companies don’t always list every available discount in a way that’s easy to find, so the following is a list of both well-publicized and the more hidden auto insurance savings. If you aren’t receiving every discount possible, you’re paying more than you need to.

  • Seat Belts Save more than Lives – Requiring all passengers to wear their seat belts could cut 10% or more off your medical payments premium.
  • Memberships – Participating in certain professional organizations may earn a discount on your policy on HR-V insurance.
  • Military Rewards – Having a deployed family member could be rewarded with lower premiums.
  • Air Bag Discount – Vehicles with factory air bags can qualify for discounts of more than 20%.
  • More Vehicles More Savings – Insuring multiple cars or trucks on the same auto insurance policy may reduce the rate for each vehicle.
  • Distant Student – Children who are attending college and do not have access to a covered vehicle can be insured at a reduced rate.
  • Multi-policy Discount – When you have multiple policies with one insurance company you may earn up to 20% off your total premium.

Drivers should understand that some of the credits will not apply to the overall cost of the policy. Most only reduce specific coverage prices like liability, collision or medical payments. So despite the fact that it appears you can get free auto insurance, you won’t be that lucky.

A partial list of companies that possibly offer these money-saving discounts include:

Check with all companies you are considering which discounts you may be entitled to. All car insurance discounts may not be available in your area.

Tailor your coverage to you

When it comes to choosing the best car insurance coverage, there really is no best way to insure your cars. Everyone’s needs are different so this has to be addressed. For instance, these questions may help you determine if your insurance needs would benefit from an agent’s advice.

  • Am I covered when renting a car or should I buy coverage from the car rental agency?
  • Is my cargo covered for damage or theft?
  • Does coverage extend to Mexico or Canada?
  • Am I getting all the discounts available?
  • Can my teen driver be rated on a liability-only vehicle?
  • Can I pay claims out-of-pocket if I buy high deductibles?
  • How do I buy GAP insurance?
  • Do I need higher collision deductibles?
  • How much liability insurance is required?

If you’re not sure about those questions but one or more may apply to you, you might consider talking to an insurance agent. To find lower rates from a local agent, fill out this quick form or go to this page to view a list of companies. It’s fast, free and can help protect your family.

What insurance coverages do you need?

Learning about specific coverages of your insurance policy aids in choosing the best coverages and the correct deductibles and limits. The coverage terms in a policy can be impossible to understand and reading a policy is terribly boring. Below you’ll find the usual coverages found on the average insurance policy.

Liability insurance

Liability coverage protects you from damage or injury you incur to people or other 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. Your policy might show policy limits of 50/100/50 which stand for $50,000 in coverage for each person’s injuries, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property.

Liability can pay for claims like legal defense fees, bail bonds, court costs and repair costs for stationary objects. How much liability coverage do you need? That is a decision to put some thought into, but you should buy as high a limit as you can afford.

Medical payments coverage and PIP

Medical payments and Personal Injury Protection insurance pay for immediate expenses for prosthetic devices, chiropractic care, X-ray expenses and pain medications. They are used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. Coverage applies to you and your occupants as well as any family member struck as a pedestrian. Personal Injury Protection is not universally available but it provides additional coverages not offered by medical payments coverage

Auto collision coverage

Collision insurance will pay to fix damage to your HR-V resulting from colliding with another vehicle or an object, but not an animal. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage protects against things like hitting a parking meter, crashing into a building, scraping a guard rail, hitting a mailbox and damaging your car on a curb. Collision is rather expensive coverage, so consider removing coverage from older vehicles. Drivers also have the option to increase the deductible to save money on collision insurance.

Comprehensive coverage

This coverage pays for damage caused by mother nature, theft, vandalism and other events. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things like damage from a tornado or hurricane, theft, damage from flooding and rock chips in glass. The maximum amount 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 consider dropping full coverage.

Uninsured/Underinsured Motorist coverage

This coverage gives you protection when the “other guys” either are underinsured or have no liability coverage at all. This coverage pays for injuries to you and your family as well as your vehicle’s damage.

Due to the fact that many drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Be a Smart Shopper

When you buy insurance online, don’t be tempted to skimp on critical coverages to save a buck or two. There are many occasions where someone dropped uninsured motorist or liability limits only to discover later 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.

Cheap 2016 Honda HR-V insurance is available both online in addition to many insurance agents, so you should compare both to get a complete price analysis. Some companies do not provide online quoting and many times these smaller companies only sell through independent insurance agents.

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