How Much Does 2018 Honda HR-V Insurance Cost?

Looking for better auto insurance rates for your Honda HR-V? Having to pay for high-priced auto insurance can empty your bank account and possibly require postponing other expenditures. Comparing rates annually is an excellent way to make ends meet.

Due to the increasing number of companies and agents to choose from, it can be diffult for people to locate the right insurance company.

Use discounts to get cheaper insurance coverage quotes

Insuring your fleet can be pricey, but there’s a good chance there are discounts that could help you make your next renewal payment. Certain credits will be shown at the time you complete a quote, but some discounts are required to be asked about in order for you to get them.

  • Save with More Vehicles Insured – Having multiple cars on the same insurance coverage policy can get a discount on all vehicles.
  • Air Bags and Passive Restraints – Cars that have air bags and/or automatic seat belt systems could see savings of 25 to 30%.
  • No Charge for an Accident – Not necessarily a discount, but companies like Progressive, State Farm and Geico allow you one accident before they charge you more for coverage if your claims history is clear prior to being involved in the accident.
  • Theft Prevention Discount – Vehicles that have factory alarm systems and tracking devices are stolen with less frequency and that can save you a little bit as well.
  • Defensive Driver Discounts – Passing a defensive driving class is a good idea and can lower rates and also improve your driving technique.
  • Data Collection Discounts – Insureds that choose to allow their company to look at their driving habits by using a small device installed in their vehicle such as Drivewise from Allstate or Snapshot from Progressive could see a rate decrease if they exhibit good driving behavior.
  • Anti-lock Brake System – Cars with ABS braking systems or traction control can reduce accidents and therefore earn up to a 10% discount.
  • Discounts for New Vehicles – Buying a new car model can get you a discount since newer vehicles have better safety ratings.
  • Clubs and Organizations – Joining certain professional organizations could qualify you for a break on your bill.

As a disclaimer on discounts, most of the big mark downs will not be given to your bottom line cost. Most only cut individual premiums such as liability, collision or medical payments. Even though it appears adding up those discounts means a free policy, it doesn’t quite work that way. But all discounts will help lower your premiums.

Car insurance companies that may offer these money-saving discounts may include but are not limited to:

If you need lower rates, check with all companies you are considering how you can save money. Some discounts listed above may not be available in your area.

Tailor your insurance coverage coverage to you

When choosing adequate coverage, there really is not a cookie cutter policy. Everyone’s situation is a little different so your insurance needs to address that. Here are some questions about coverages that can aid in determining whether or not you will benefit from professional help.

  • Are all vehicle passengers covered by medical payments coverage?
  • Do I need higher collision deductibles?
  • Does my policy cover me when driving someone else’s vehicle?
  • Should I drop comprehensive coverage on older vehicles?
  • Will my vehicle be repaired with OEM or aftermarket parts?
  • Is my cargo covered for damage or theft?

If you don’t know the answers to these questions but one or more may apply to you, you may need to chat with an insurance agent. To find an agent in your area, complete this form or go to this page to view a list of companies.

Educate yourself about auto insurance coverages

Understanding the coverages of your auto insurance policy helps when choosing the right coverages for your vehicles. The terms used in a policy can be confusing and even agents have difficulty translating policy wording. Listed below are the usual coverages available from auto insurance companies.

Collision insurance

This coverage pays to fix your vehicle from damage caused by collision with an object or car. You will need to pay your deductible then your collision coverage will kick in.

Collision insurance covers claims such as rolling your car, hitting a parking meter and hitting a mailbox. Collision is rather expensive coverage, so consider removing coverage from lower value vehicles. Drivers also have the option to bump up the deductible to bring the cost down.

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage provides protection when other motorists either are underinsured or have no liability coverage at all. Covered losses include injuries sustained by your vehicle’s occupants as well as damage to your Honda HR-V.

Since a lot of drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages should not be overlooked.

Med pay and Personal Injury Protection (PIP)

Personal Injury Protection (PIP) and medical payments coverage reimburse you for expenses like EMT expenses, funeral costs, prosthetic devices, rehabilitation expenses and ambulance fees. They are often used to cover expenses not covered by your health insurance program or if you lack health insurance entirely. Coverage applies to not only the driver but also the vehicle occupants as well as any family member struck as a pedestrian. PIP coverage is not universally available but can be used in place of medical payments coverage

Comprehensive insurance

Comprehensive insurance coverage pays for damage from a wide range of events other than collision. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for things such as falling objects, hitting a deer, a broken windshield, a tree branch falling on your vehicle and hail damage. The most you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.

Liability car insurance

Liability insurance protects you from damage that occurs to other people or property in an accident. It protects you against other people’s claims, and does not provide coverage for your own vehicle damage or injuries.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have liability limits of 100/300/100 that translate to $100,000 bodily injury coverage, a total of $300,000 of bodily injury coverage per accident, and $100,000 of coverage for damaged propery.

Liability coverage protects against claims such as funeral expenses, repair bills for other people’s vehicles and medical services. How much liability coverage do you need? That is a personal decision, but buy as high a limit as you can afford.

Buy online or local, you save

Cheaper 2018 Honda HR-V insurance can be found online and from local insurance agents, and you need to price shop both to get a complete price analysis. A few companies do not provide the ability to get quotes online and most of the time these smaller providers only sell through local independent agencies.

We just presented some good ideas how you can reduce 2018 Honda HR-V insurance auto insurance rates online. The key concept to understand is the more you quote car insurance, the better likelihood of getting low cost car insurance. Consumers could even find that the best auto insurance rates are with a small local company. Some small companies may only write in your state and offer lower premium rates compared to the large companies like State Farm and Allstate.

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