How Much Does 2015 Honda CR-Z Insurance Cost?

Have you fallen victim to an expensive car insurance policy? Don’t sweat it because there are a lot of people just like you who feel imprisoned by their car insurance policy. There are many insurance companies to choose from, and though it is a good thing to be able to choose, it makes it harder to compare rates.

Locating the best car insurance coverage is quite easy. If you have a policy now or need new coverage, you will benefit by learning to reduce the price you pay while maximizing coverage. Vehicle owners just need to know how to compare prices online.

The fastest way that we advise to compare insurance rates in your area is to take advantage of the fact most larger insurance companies will pay a fee to compare their rates. The only thing you need to do is take a few minutes to give details like if you are currently licensed, if it has an alarm system, an estimate of your credit level, and whether you drive to work or school. That rating data is then submitted to multiple companies and you will get price comparisons instantly to find the best rate.

To compare rates for your 2015 Honda CR-Z now, click here and enter your coverage details.

These discounts can lower your insurance coverage quotes

Some insurance providers don’t necessarily list every discount in an easy-to-find place, so we took the time to find both the well known and also the lesser-known credits that you can use to lower your rates.

  • Onboard Data Collection – Policyholders that allow companies to study where and when they drive remotely such as Drivewise from Allstate or Snapshot from Progressive might see lower rates if they show good driving skills.
  • ABS and Traction Control Discounts – Cars that have steering control and anti-lock brakes are much safer to drive and the ABS can save up to 10%.
  • Student Driver Training – Require your teen driver to sucessfully take a drivers education course if it’s offered in school.
  • Federal Government Employee – Having worked for a branch of the government could qualify for a slight premium decrease on CR-Z coverage but check with your company.
  • Early Signing – Some companies provide a discount for switching to them before your current policy expires. Ten percent is about the average savings.
  • Theft Deterent Discount – Vehicles equipped with anti-theft or alarm systems are stolen less frequently and that can save you a little bit as well.
  • Full Payment Discount – By paying your entire bill at once instead of monthly or quarterly installments you could save 5% or more.
  • New Car Discount – Buying a new car instead of a used car is cheaper because newer vehicles have to meet stringent safety requirements.
  • Military Deployment Discount – Having a family member in the military could qualify you for better insurance coverage rates.
  • Save over 55 – If you qualify as a senior citizen, you could receive reduced rates on CR-Z coverage.

As a footnote on discounts, most credits do not apply to all coverage premiums. Most only apply to specific coverage prices like comprehensive or collision. Even though the math looks like it’s possible to get free car insurance, nobody gets a free ride.

A list of insurance coverage companies and their possible discounts include:

  • American Family offers premium reductions for multi-vehicle, air bags, bundled insurance, good driver, and defensive driver.
  • Farm Bureau offers discounts including multi-policy, driver training, safe driver, 55 and retired, youthful driver, and multi-vehicle.
  • State Farm may have discounts that include Drive Safe & Save, anti-theft, good student, accident-free, and Steer Clear safe driver discount.
  • Travelers discounts include continuous insurance, multi-policy, new car, payment discounts, early quote, IntelliDrive, and multi-car.
  • The Hartford may offer discounts for driver training, air bag, good student, bundle, and defensive driver.
  • GEICO includes discounts for membership and employees, seat belt use, anti-lock brakes, good student, multi-vehicle, federal employee, and five-year accident-free.
  • Progressive offers discounts for online signing, good student, continuous coverage, multi-vehicle, multi-policy, and homeowner.

It’s a good idea to ask every company which credits you are entitled to. All car insurance discounts may not apply to policies in your area.

Different people need different car insurance coverages

When it comes to buying proper insurance coverage, there really is no “best” method to buy coverage. Everyone’s situation is unique and a cookie cutter policy won’t apply. Here are some questions about coverages that can help discover whether you might need an agent’s assistance.

  • Should I buy full coverage?
  • Am I insured when driving a different vehicle?
  • Can I rent a car in Mexico?
  • Does insurance cover tools stolen from my truck?
  • What is covered by UM/UIM coverage?
  • How do I file an SR-22 for a DUI in my state?
  • Are split liability limits better than a combined single limit?

If you can’t answer these questions but one or more may apply to you, then you may want to think about talking to an agent. To find lower rates from a local agent, fill out this quick form or click here for a list of car insurance companies in your area. It’s fast, free and can provide invaluable advice.

Auto insurance 101

Understanding the coverages of your auto insurance policy aids in choosing which coverages you need and the correct deductibles and limits. The terms used in a policy can be confusing and reading a policy is terribly boring. Below you’ll find the usual coverages offered by auto insurance companies.

Medical expense insurance

Personal Injury Protection (PIP) and medical payments coverage kick in for immediate expenses for chiropractic care, ambulance fees and surgery. They can be utilized in addition to your health insurance policy or if there is no health insurance coverage. They cover both the driver and occupants and will also cover any family member struck as a pedestrian. PIP coverage is only offered in select states but can be used in place of medical payments coverage

Protection from uninsured/underinsured drivers

Your UM/UIM coverage provides protection from other motorists when they either are underinsured or have no liability coverage at all. Covered losses include injuries to you and your family and also any damage incurred to your Honda CR-Z.

Since a lot of drivers have only the minimum liability required by law, their limits can quickly be used up. For this reason, having high UM/UIM coverages is a good idea. Usually the UM/UIM limits are similar to your liability insurance amounts.

Comprehensive (Other than Collision)

Comprehensive insurance coverage covers damage caused by mother nature, theft, vandalism and other events. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for claims such as damage from getting keyed, a broken windshield, hitting a bird, damage from a tornado or hurricane and fire damage. The maximum amount you’ll receive from a claim is the market value of your vehicle, so if the vehicle is not worth much consider dropping full coverage.

Liability insurance

Liability coverage can cover damage that occurs to other people or property by causing an accident. It protects you from claims by other people. Liability doesn’t cover damage sustained by your vehicle in an accident.

It consists of three 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 100/300/100 that translate to a limit of $100,000 per injured person, a per accident bodily injury limit of $300,000, and $100,000 of coverage for damaged propery. Alternatively, you may have a combined limit which limits claims to one amount and claims can be made without the split limit restrictions.

Liability coverage protects against things like medical services, legal defense fees, attorney fees and pain and suffering. The amount of liability coverage you purchase is a decision to put some thought into, but you should buy as large an amount as possible.

Coverage for collisions

Collision coverage covers damage to your CR-Z resulting from a collision with another car or object. You will need to pay your deductible then your collision coverage will kick in.

Collision insurance covers things such as backing into a parked car, sideswiping another vehicle and colliding with another moving vehicle. Collision is rather expensive coverage, so consider removing coverage from lower value vehicles. Another option is to raise the deductible to get cheaper collision coverage.

Keep this in mind

Some insurance providers may not offer rate quotes online and most of the time these smaller companies only sell through independent agents. Discount 2015 Honda CR-Z insurance can be found both online in addition to many insurance agents, and you need to comparison shop both to have the best rate selection.

As you restructure your insurance plan, do not buy lower coverage limits just to save a few bucks. Too many times, an insured dropped physical damage coverage only to regret that the small savings ended up costing them much more. Your goal should be to get the best coverage possible for the lowest cost.

Additional insurance coverage information is available at the links below