Trying to find the cheapest auto insurance rates for your Honda CR-V? Finding more affordable auto insurance is difficult for people who are new to quoting and comparing prices online. With dozens of insurers available, it can turn into a big hassle to find cheaper auto insurance rates.
It’s important that you understand a few of the rating criteria that aid in calculating the price you pay for auto insurance. When you understand what determines premiums, this empowers consumers to make smart changes that may reward you with lower auto insurance prices.
The list below includes some of the major factors that factor into rates.
There are several ways you can shop for auto insurance and some are less time-consuming than others. You can waste a few hours (or days) talking to local insurance agents in your area, or you can stay home and use the web to get pricing more quickly.
Most major companies belong to an insurance system that enables customers to complete one form, and every company can give them a price based on the submitted data. This saves time by eliminating quote requests to every company.
To fill out one form to compare multiple rates now click here to open in new window.
The one disadvantage to using this type of system is that consumers can’t choose which companies you want to price. So if you prefer to pick specific providers to compare prices, we have a page of companies who write auto insurance in your area. Click here for list of insurance companies.
The method you choose is up to you, but do your best to use equivalent coverage information for each quote you get. If you enter different deductibles then you won’t be able to determine the best price for your Honda CR-V. Quoting even small variations in insurance coverages or limits may result in large price differences. And when comparing auto insurance rates, know that more quotes will improve the odds of getting a better price.
Car insurance companies such as Allstate and Progressive seem to constantly run ads in print and on television. They all say the same thing that drivers can save some big amount just by moving your coverage. How do they all save you money? It’s all in how they say it.
Insurance providers have specific criteria for the type of driver that will generate a profit. For instance, a driver they prefer should be over the age of 35, has a clean driving record, and the vehicle is rated for pleasure use. A customer who matches those parameters will qualify for the lowest prices and will also save when switching.
Insureds who do not match these criteria will probably have to pay higher rates which usually ends up with the customer buying from a different company. The trick is to say “people who switch” but not “all drivers who get quotes” will save that much if they switch. That’s why companies can truthfully make those claims.
This illustrates why you absolutely need to get a wide range of price quotes. You cannot predict with any certainty which company will have the lowest prices for your situation.
The cost of insuring your cars can be expensive, but you can get discounts to help bring down the price. Certain discounts will be triggered automatically when you get a quote, but occassionally some discounts must be specifically requested before you get the savings.
A little note about advertised discounts, most credits do not apply the the whole policy. Some only reduce the cost of specific coverages such as collision or personal injury protection. Despite the appearance that having all the discounts means you get insurance for free, insurance companies aren’t that generous.
Some of the insurance companies that have most of the discounts above include:
When getting free insurance quotes, it’s a good idea to each company what discounts are available to you. Some discounts listed above might not be offered on policies in your state. To view insurance companies that offer discounts, follow this link.
When choosing the best auto insurance coverage, there really is no cookie cutter policy. Your needs are not the same as everyone else’s.
Here are some questions about coverages that might help in determining if you may require specific advice.
If you don’t know the answers to these questions, you might consider talking to an insurance agent. If you want to speak to an agent in your area, simply complete this short form.
Understanding the coverages of insurance helps when choosing the right coverages and proper limits and deductibles. Policy terminology can be difficult to understand and even agents have difficulty translating policy wording.
Uninsured/Underinsured Motorist (UM/UIM)
This coverage provides protection from other motorists when they either are underinsured or have no liability coverage at all. It can pay for medical payments for you and your occupants as well as damage to your Honda CR-V.
Since a lot of drivers only carry the minimum required liability limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages is a good idea. Most of the time the UM/UIM limits are identical to your policy’s liability coverage.
Med pay and Personal Injury Protection (PIP)
Personal Injury Protection (PIP) and medical payments coverage kick in for immediate expenses like X-ray expenses, nursing services and chiropractic care. The coverages can be used in conjunction with a health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover not only the driver but also the vehicle occupants as well as being hit by a car walking across the street. PIP is not universally available and gives slightly broader coverage than med pay
Collision protection
This coverage will pay to fix damage to your CR-V resulting from colliding with an object or car. You will need to pay your deductible and then insurance will cover the remainder.
Collision can pay for claims like crashing into a building, colliding with another moving vehicle, hitting a mailbox and damaging your car on a curb. This coverage can be expensive, so consider dropping it from vehicles that are older. It’s also possible to raise the deductible to save money on collision insurance.
Comprehensive insurance
Comprehensive insurance will pay to fix damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then your comprehensive coverage will pay.
Comprehensive insurance covers things such as hail damage, damage from a tornado or hurricane and vandalism. The maximum amount your insurance company will pay is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.
Coverage for liability
This coverage will cover damage that occurs to other’s property or people. It protects YOU against other people’s claims. It does not cover damage to your own property or vehicle.
Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have values of 25/50/25 that translate to a $25,000 limit per person for injuries, a total of $50,000 of bodily injury coverage per accident, and $25,000 of coverage for damaged propery. Occasionally you may see a combined limit which combines the three limits into one amount and claims can be made without the split limit restrictions.
Liability coverage protects against claims like attorney fees, structural damage, medical services, emergency aid and funeral expenses. How much liability coverage do you need? That is up to you, but consider buying as much as you can afford.
More affordable insurance can be sourced online as well as from independent agents, and you should be comparing both to get a complete price analysis. Some insurance companies don’t offer online price quotes and many times these smaller providers prefer to sell through independent agents.
Drivers who switch companies do it for a variety of reasons including delays in responding to claim requests, being labeled a high risk driver, high prices or even lack of trust in their agent. Regardless of your reason, finding the right insurance provider is pretty simple and you could end up saving a buck or two.
We just showed you a lot of techniques to reduce 2009 Honda CR-V insurance prices online. The most important thing to understand is the more providers you compare, the higher your chance of finding affordable insurance. You may even find the lowest priced insurance comes from a small mutual company.
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