2014 Honda CR-V Car Insurance Quotes

Looking for lower auto insurance rates for your Honda CR-V? Are you baffled by the number of auto insurance companies? You have so many companies to choose from that it is a ton of work to find a more affordable company.

It’s a great practice to get comparison quotes every six months because auto insurance prices are variable and change quite frequently. Despite the fact that you may have had the lowest price for CR-V coverage last year you will most likely find a better rate today. Don’t believe everything you read about auto insurance online, but I’m going to show you some of the best techniques to stop overpaying for insurance.

Compare insurance coverage rate quotes

When looking for low cost insurance coverage quotes, there are a couple ways to compare rate quotes from lots of insurance coverage companies. The easiest way by far to find affordable Honda CR-V insurance rates is to jump online and get quotes. It’s really quite simple and can be done in a couple minutes as outlined below.

  1. The first (and easiest) way consumers can analyze rates is an all-inclusive rate comparison click here to open form in new window. This type of form eliminates the need for boring form submissions for every company. Completing one form gets you price quotes from insurance coverage companies with the best prices.It’s the quickest way to get rates.
  2. A more time consuming way to shop for insurance coverage online is going to the website for each individual company to complete a price quote. For example, we’ll pretend you want to view quotes from Allstate, Safeco and Farmers. You would be required to go to each individual site to input your insurance information, which is why most consumers use the first method. For a list of links to insurance companies in your area, click here.

How you compare quotes is your choice, just do your best to enter apples-to-apples deductibles and coverage limits on every quote. If you compare mixed coverages you can’t possibly make an equal comparison. Having just a slight variation in limits may cause a big price difference. And when comparing insurance coverage rates, know that quoting more will increase your chances of finding the best offered rates. Some companies don’t provide online rate quotes, so it’s recommended that you also compare price quotes from them as well.

Car Insurance Discounts

The cost of insuring your cars can be expensive, but you may find discounts that can help lower your rates. Certain discounts will be triggered automatically when you quote, but once in a while a discount must be manually applied before you get the savings.

  • Low Mileage – Driving less can earn slightly better rates than normal.
  • Employee of Federal Government – Federal government employees could provide a small rate reduction for CR-V coverage with select insurance companies.
  • Good Grades Discount – Excelling in school can earn a discount of 20% or more. The discount lasts up until you turn 25.
  • Multi-Vehicle Discounts – Buying coverage for multiple cars with the same company can reduce rates for all insured vehicles.
  • Clubs and Organizations – Participating in certain professional organizations could earn you a nice discount on your bill.
  • Driving Data Discount – Insureds who allow their car insurance company to monitor vehicle usage by using a small device installed in their vehicle like Allstate’s Drivewise may get a rate reduction if they are good drivers.
  • Discount for New Cars – Adding a new car to your policy can cost up to 25% less because new vehicles are generally safer.
  • Discounts for Cautious Drivers – Drivers who don’t get into accidents can save up to 40% or more on their insurance coverage quote for CR-V coverage as compared to drivers with claims.
  • E-sign Discounts – Some of the larger companies may give you up to $50 for buying your policy digitally online.
  • Multi-policy Discount – If you insure your home and vehicles with the same company you may save at least 10% off all policies.

Discounts lower rates, but most discount credits are not given to the overall cost of the policy. Some only apply to specific coverage prices like comprehensive or collision. Even though it appears all those discounts means the company will pay you, you’re out of luck.

Popular car insurance companies and some of the premium reductions they offer are outlined below.

  • GEICO may offer discounts for defensive driver, anti-lock brakes, seat belt use, membership and employees, multi-vehicle, emergency military deployment, and anti-theft.
  • Travelers offers discounts including early quote, good student, student away at school, multi-policy, payment discounts, continuous insurance, and IntelliDrive.
  • Nationwide offers premium reductions for good student, business or organization, easy pay, accident-free, and family plan.
  • Farmers Insurance policyholders can earn discounts including mature driver, distant student, alternative fuel, teen driver, and switch companies.
  • Esurance has savings for multi-policy, safety device, online quote, emergency road assistance, and paid-in-full.
  • State Farm has discounts for defensive driving training, passive restraint, safe vehicle, driver’s education, student away at school, and anti-theft.
  • Progressive may have discounts that include online quote discount, online signing, good student, homeowner, and multi-policy.
  • Mercury Insurance may include discounts for accident-free, good driver, ease of repair, multi-policy, age of vehicle, and annual mileage.

When getting a coverage quote, ask each insurance company which discounts you may be entitled to. Some discounts listed above might not be available to policyholders in your area.

Tailor your car insurance coverage to you

When buying 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 whether your personal situation might need an agent’s assistance.

  • Does my policy cover me when driving someone else’s vehicle?
  • Do I benefit by insuring my home with the same company?
  • When should I remove comp and collision on my 2014 Honda CR-V?
  • Can I make deliveries for my home business?
  • Do I need rental car coverage?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • Do I have any recourse if my insurance company denies a claim?
  • Will my insurance pay for OEM parts?

If it’s difficult to answer those questions but you know they apply to you, then you may want to think about talking to a licensed insurance agent. If you don’t have a local agent, take a second and complete this form.

Six factors that affect insurance rates

The best way to find cheaper insurance is to take a look at a few of the rating criteria that go into determining the price you pay for insurance. When you know what positively or negatively influences your rates, this enables you to make decisions that may reward you with much lower annual insurance costs. Many different elements are part of the calculation when premium rates are determined. Some are obvious such as your driving history, although others are not as apparent like your continuous coverage or your financial responsibility.

  • A good credit rating can save money – Your credit score can be an important factor in your rate calculation. So if your credit rating is low, you could be paying less to insure your 2014 Honda CR-V if you clean up your credit. Consumers who have excellent credit tend to be better drivers and file fewer claims as compared to drivers with poor credit.
  • Prices may be lower depending on your job – Did you know your occupation can influence how much you pay for insurance? Jobs like doctors, business owners and dentists tend to have higher premiums than the average policyholder due to job stress and lots of time spent at work. On the other hand, occupations such as actors, engineers and the unemployed pay the least for CR-V coverage.
  • Add-on coverages that aren’t used – Policies have add-on coverages that can add up when buying insurance. Coverages like vanishing deductibles, towing, and extra life insurance coverage are some examples. The coverages may be enticing when you first buy your policy, but your money might be better spent on other coverage so eliminate the coverages to reduce your premium.
  • Allowing your insurance policy to lapse raises rates – Driving your car without having proper coverage is a misdemeanor and companies may charge more for letting your coverage lapse. And not only will insurance be more expensive, getting caught without coverage may earn you a steep fine or even jail time.
  • Low comp and collision deductibles mean high prices – Comp and collision deductibles define the amount you are willing to pay out-of-pocket in the event of a claim. Coverage for physical damage, also called comprehensive and collision insurance, covers damage that occurs to your car. Some examples of claims that would be covered are collision with another vehicle, collision with a deer, and having a roll-over accident. The more money you’re willing to pay, the bigger discount you will receive for CR-V coverage.
  • Keep premiums low by being claim-free – If you’re an insured who likes to file claims you can definitely plan on either policy cancellation or increased premiums. Auto insurance companies award most affordable rates to people who are claim-free. Insurance coverage is meant to be used in the event of claims that you cannot pay yourself.

Insurance coverage considerations

Having a good grasp of insurance aids in choosing the best coverages and proper limits and deductibles. The coverage terms in a policy can be confusing and even agents have difficulty translating policy wording.

Comprehensive (Other than Collision)

Comprehensive insurance pays to fix your vehicle from damage that is not covered by collision coverage. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for claims like damage from flooding, fire damage and a tree branch falling on your vehicle. The highest amount your insurance company will pay is the actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Liability coverages

This coverage will 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 sustained by your vehicle in an accident.

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 50/100/50 that translate to a $50,000 limit per person for injuries, $100,000 for the entire accident, and property damage coverage for $50,000. Some companies may use a combined single limit or CSL that pays claims from the same limit with no separate limits for injury or property damage.

Liability coverage protects against claims such as structural damage, medical expenses, funeral expenses and emergency aid. The amount of liability coverage you purchase is your choice, but it’s cheap coverage so purchase higher limits if possible.

Medical expense insurance

Coverage for medical payments and/or PIP kick in for expenses for things like rehabilitation expenses, dental work, nursing services, chiropractic care and pain medications. They are often utilized in addition to your health insurance plan or if you lack health insurance entirely. Medical payments and PIP cover not only the driver but also the vehicle occupants in addition to if you are hit as a while walking down the street. Personal Injury Protection is not an option in every state but can be used in place of medical payments coverage

Protection from uninsured/underinsured drivers

This provides protection from other drivers when they either are underinsured or have no liability coverage at all. This coverage pays for injuries sustained by your vehicle’s occupants as well as damage to your Honda CR-V.

Due to the fact that many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Normally these coverages are identical to your policy’s liability coverage.

Auto collision coverage

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

Collision coverage protects against things like hitting a parking meter, crashing into a ditch and driving through your garage door. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are older. Another option is to increase the deductible to save money on collision insurance.

Better coverage you can count on

While you’re price shopping online, make sure you don’t buy poor coverage just to save money. In many cases, someone dropped liability coverage limits and found out when filing a claim they didn’t have enough coverage. Your aim should be to find the BEST coverage at the best price while still protecting your assets.

Drivers who switch companies do it for a number of reasons such as poor customer service, policy non-renewal, delays in responding to claim requests and denial of a claim. Regardless of your reason, finding a great new company is not as difficult as it may seem.

You just read a lot of tips how to lower your 2014 Honda CR-V insurance premium rates. The most important thing to understand is the more you quote insurance coverage, the higher the chance of saving money. You may be surprised to find that the most savings is with a small mutual company.

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