How Much Does 2018 Honda CR-V Insurance Cost?

Did you make the mistake of buying an expensive car insurance policy? Don’t sweat it because many consumers feel financially strained by their car insurance policy. With so many online and local companies to choose from, it can be impossible to locate the lowest price company.

It is always a good idea to get comparison quotes as often as possible since insurance prices are adjusted regularly by insurance companies. Just because you found the lowest quotes for CR-V coverage a few years ago a different company probably has better rates today. Ignore everything you know about car insurance because it’s time to teach you the only way to find better rates and still maintain coverage.

This article will introduce you to the best way to quote coverages and some tips to save money. If you currently have a car insurance policy, you stand a good chance to be able to reduce your rates substantially using this strategy. Consumers just need to understand the most efficient way to get comparison rates online.

Save money by taking advantage of discounts

Some companies don’t always advertise their entire list of discounts in an easy-to-find place, so we break down some of the more common and also the lesser-known credits that you can use to lower your rates.

  • Accident Forgiveness Coverage – Not a discount per se, but certain companies will turn a blind eye to one accident without raising rates if you are claim-free prior to being involved in the accident.
  • Passive Restraints and Air Bags – Vehicles equipped with air bags may earn rate discounts of 20 to 30 percent.
  • Anti-theft Discount – Vehicles equipped with anti-theft or alarm systems are stolen with less frequency and that can save you a little bit as well.
  • Discounts for Responsible Drivers – Drivers who don’t get into accidents can save up to 40% or more on their car insurance quote for CR-V coverage than drivers with accident claims.
  • Own a Home and Save – Being a homeowner can save a few bucks since home ownership is proof of financial responsibility.
  • Driver Safety – Taking a course in safe driver could cut 5% off your bill if your company offers it.
  • Drivers Ed for Students – Reduce the cost of insurance for teen drivers by having them participate in a local driver’s education class if offered at their school.
  • Early Renewal Discounts – A few larger companies allow discounts for buying a new policy prior to your current policy expiring. The savings is around 10%.
  • Professional Memberships – Affiliation with a professional or civic organization could earn you a nice discount when shopping for car insurance.

Don’t be shocked that some credits don’t apply to all coverage premiums. Most only cut specific coverage prices like liability and collision coverage. Even though the math looks like having all the discounts means you get insurance for free, it just doesn’t work that way. But all discounts will definitely lower the cost of coverage.

Some of the larger companies that may offer policyholders some of the discounts shown above possibly include:

Check with all the companies to apply every possible discount. Depending on the company, some discounts might not apply in your state.

Cheap insurance coverage

Finding cheaper 2018 Honda CR-V insurance coverage rates isn’t really that difficult. The only requirement is to take the time to compare rate quotes to find out which insurance company has affordable car insurance quotes. It is quite easy and can be accomplished in just a few minutes using one of these methods.

  1. Probably the best way consumers can analyze rates would be an industry-wide quote request form click to view form in new window. This easy form saves time by eliminating a different quote for each price estimate. Filling out one form compares rates from multiple companies.
  2. A different way to compare rate quotes requires a visit to each company’s website and repeat the quote process again and again. For sake of this example, we’ll assume you want to compare prices for USAA, Farmers and GEICO. You would be required to take the time to go to each site to enter the same coverage data repeatedly, which is why the first method is quicker. For a list of links to insurance companies in your area, click here.
  3. If you have time to kill, the last method to shop rates is driving around to local insurance agencies. The internet can eliminate the need for a local agent unless you require the trained advice of a licensed agent. If you prefer, some companies allow you to obtain prices from the web but have your policy serviced through an agent.

It’s up to you which method you use, but double check that you are using equivalent coverages and limits for each quote you get. If you enter different coverage information it’s impossible to truly determine the lowest rate.

How much insurance do I need?

When buying adequate coverage for your vehicles, there really is not a best way to insure your cars. Everyone’s needs are different and a cookie cutter policy won’t apply. These are some specific questions may help you determine whether or not you might need professional guidance.

  • Do I have coverage if my license is suspended?
  • How high should my uninsured/underinsured coverage be in my state?
  • Is my camper covered by my car insurance policy?
  • Are my friends covered when driving my car?
  • Will I lose any money if I cancel my policy before it expires?
  • When do I need to add a new car to my policy?
  • Do I need medical payments coverage since I have good health insurance?

If you’re not sure about those questions but one or more may apply to you, you might consider talking to a licensed agent. If you want to speak to an agent in your area, fill out this quick form or you can also visit this page to select a carrier It is quick, free and you can get the answers you need.

Insurance coverage considerations

Having a good grasp of insurance helps when choosing the best coverages and the correct deductibles and limits. The coverage terms in a policy can be ambiguous and coverage can change by endorsement. Shown next are the usual coverages found on most insurance policies.

Uninsured and underinsured coverage

This coverage protects you and your vehicle’s occupants when other motorists are uninsured or don’t have enough coverage. This coverage pays for hospital bills for your injuries and also any damage incurred to your Honda CR-V.

Since a lot of drivers only purchase the least amount of liability that is required, their limits can quickly be used up. For this reason, having high UM/UIM coverages is a good idea. Usually these coverages are set the same as your liablity limits.

Collision insurance

This will pay to fix damage to your CR-V resulting from colliding with another car or object. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for things like hitting a mailbox, sideswiping another vehicle and backing into a parked car. Collision is rather expensive coverage, so consider removing coverage from lower value vehicles. Another option is to choose a higher deductible to save money on collision insurance.

Coverage for medical payments

Med pay and PIP coverage reimburse you for expenses such as funeral costs, chiropractic care, pain medications, doctor visits and nursing services. They are used in conjunction with a health insurance program or if you are not covered by health insurance. They cover all vehicle occupants as well as getting struck while a pedestrian. Personal Injury Protection is not universally available and may carry a deductible

Coverage for liability

Liability coverage will cover damage or injury you incur to other’s property or people that is your fault. It protects YOU from claims by other people. It does not cover your injuries or vehicle damage.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You might see limits of 100/300/100 that means you have $100,000 in coverage for each person’s injuries, a total of $300,000 of bodily injury coverage per accident, and a total limit of $100,000 for damage to vehicles and property. Some companies may use a combined limit which provides one coverage limit and claims can be made without the split limit restrictions.

Liability can pay for claims such as attorney fees, medical expenses and legal defense fees. How much coverage you buy is your choice, but it’s cheap coverage so purchase as high a limit as you can afford.

Comprehensive coverages

This pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage protects against claims such as hitting a deer, damage from a tornado or hurricane, hitting a bird and theft. The highest amount a insurance company will pay at claim time is the market value of your vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

Money doesn’t grow on trees

We covered quite a bit of information on how to save on 2018 Honda CR-V insurance. The key thing to remember is the more times you quote, the better your comparison will be. You may be surprised to find that the best rates are with a small local company. These companies may have significantly lower car insurance rates on certain market segments than their larger competitors like State Farm and Allstate.

There are still a few companies who may not have online quoting regional carriers provide coverage only through independent agencies. Budget-conscious 2018 Honda CR-V insurance can be sourced from both online companies and also from your neighborhood agents, so you should be comparing quotes from both in order to have the best price selection to choose from.

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