2018 Honda HR-V Car Insurance Rates – 7 Savings Tips

Did budget coverage turn out to be an underperforming, overpriced insurance coverage policy? Don’t feel bad because you are not the only one feeling buyer’s remorse.

Due to the increasing number of insurance providers from which to choose, it is hard for the average consumer to find a more affordable company.

Buying car insurance is not that difficult. Basically, anyone who buys car insurance will more than likely be able to cut their insurance bill. Nevertheless, car owners do need to know how insurance companies price insurance differently because it can help you find the best coverage.

How to compare insurance rate quotes

Most major insurance companies give coverage price quotes on their websites. Doing online price comparisons is very simple because it’s just a matter of typing in the amount of coverage you want as requested by the quote form. After the form is submitted, their rating system pulls your credit score and driving record and gives you a price quote based on the data you entered. Online price estimates makes it easy to compare insurance prices but the time it takes to visit multiple sites and fill out multiple forms can be a bit tiresome and repetitive. But it’s very important to compare as many rates as possible in order to find the best price possible.

There is a better way!

An easier way to compare insurance pricing uses one simple form that obtains quotes from several different companies. It’s a real time-saver, helps eliminate reptitive entry, and makes online shopping much easier. As soon as you send your information, it is rated and you are able to buy any one of the quotes that you receive. If one or more price quotes are lower than your current rates, it’s easy to complete the application and buy the new coverage. The entire process takes 15 minutes at the most and you’ll know if lower rates are available.

To get comparison pricing now, click here and fill out the form. To compare your current rates, we recommend you type in the coverage information identical to your current policy. Doing this assures you will receive comparison quotes for exact coverage.

Seven discounts for cheap insurance coverage quotes

Some providers don’t always advertise their entire list of discounts in an easy-to-find place, so the list below gives a summary of a few of the more well known and also the more inconspicuous credits available to you.

  • Active Military Service – Being on active deployment in the military may lower your prices slightly.
  • Life Insurance Discount – If the company offers life insurance, you could get better insurance coveragerates if you take out a life policy as well.
  • Discount for Swiching Early – Some companies give discounts for buying a policy prior to your current policy expiration. You can save around 10% with this discount.
  • Good Student – Performing well in school can save 20 to 25%. The good student discount can last well after school through age 25.
  • New Car Discount – Adding a new car to your policy is cheaper because newer vehicles are generally safer.
  • Passive Restraints and Air Bags – Vehicles equipped with air bags or motorized seat belts may get savings of 20 to 30 percent.
  • Claim Free – Drivers who stay claim-free can save substantially compared to policyholders that have many claims.

One thing to note about discounts is that some credits don’t apply to the entire cost. Some only apply to the cost of specific coverages such as collision or personal injury protection. Just because you may think you would end up receiving a 100% discount, you aren’t that lucky.

To locate companies that have a full spectrum of discounts, click this link.

You may need specialized auto insurance coverage

When buying coverage for your vehicles, there really is no cookie cutter policy. Everyone’s needs are different so your insurance needs to address that. These are some specific questions may help highlight whether or not you may require specific advice.

  • Does my 2018 Honda HR-V qualify for pleasure use?
  • Do I really need UM/UIM coverage?
  • How can I force my company to pay a claim?
  • Do I need higher collision deductibles?
  • What is no-fault insurance?
  • Should I waive the damage coverage when renting a car?
  • What is the rate difference between pleasure use and commuting?
  • Is my 2018 Honda HR-V covered for smoke damage?

If you don’t know the answers to these questions but one or more may apply to you then you might want to talk to a licensed agent. To find lower rates from a local agent, fill out this quick form or you can also visit this page to select a carrier

The insurance coverage bait and switch

Well-known insurance coverage companies like Progressive, GEICO, Allstate and State Farm constantly bombard you with ads on TV and radio. They all tend to make the same promise that you can save just by switching your policy. Is it even possible that every company can sell you cheaper insurance coverage? It’s all in how they say it.

Most companies can use profiling for a prospective insured that is profitable for them. An example of a desirable risk could possibly be between the ages of 40 and 55, owns a home, and has great credit. Someone that hits that “sweet spot” will qualify for the lowest premium rates and most likely will save some money.

Consumers who may not quite match the ideal profile may be required to pay a higher premium and the driver buying from a lower-cost company. The trick is to say “people who switch” but not “all drivers who get quotes” save the amount stated. This is how companies can advertise the savings. Different companies use different criteria so you absolutely need to get a wide range of price quotes. You cannot predict the company that will provide the lowest car insurance rates.

Educate yourself about insurance coverages

Knowing the specifics of a insurance policy aids in choosing the best coverages at the best deductibles and correct limits. Insurance terms can be difficult to understand and reading a policy is terribly boring. These are the usual coverages offered by insurance companies.

Uninsured/Underinsured Motorist coverage

Your UM/UIM coverage gives you protection when other motorists either are underinsured or have no liability coverage at all. This coverage pays for medical payments for you and your occupants and also any damage incurred to your Honda HR-V.

Since many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is a good idea.

Comprehensive coverage

Comprehensive insurance coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive insurance covers things like a tree branch falling on your vehicle, hail damage, a broken windshield, rock chips in glass and damage from flooding. The highest amount a insurance company will pay at claim time is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Liability coverages

This coverage provides protection from damage or injury you incur to a person or their property 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 values of 25/50/25 which means a $25,000 limit per person for injuries, a total of $50,000 of bodily injury coverage per accident, and a limit of $25,000 paid for damaged property.

Liability can pay for things such as repair bills for other people’s vehicles, emergency aid and medical services. How much liability should you purchase? That is a personal decision, but it’s cheap coverage so purchase as high a limit as you can afford.

Medical payments coverage and PIP

Med pay and PIP coverage reimburse you for short-term medical expenses for things like doctor visits, dental work and EMT expenses. They can be used to fill the gap from your health insurance policy or if you lack health insurance entirely. Coverage applies to you and your occupants and will also cover if you are hit as a while walking down the street. PIP is not available in all states but can be used in place of medical payments coverage

Collision protection

Collision insurance pays to fix your vehicle from damage resulting from a collision with another vehicle or an object, but not an animal. You will need to pay your deductible and then insurance will cover the remainder.

Collision insurance covers claims such as sustaining damage from a pot hole, driving through your garage door, rolling your car, hitting a mailbox and scraping a guard rail. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Another option is to choose a higher deductible to save money on collision insurance.

Shop smart and save

Cheap 2018 Honda HR-V insurance can be found from both online companies and from local agencies, so get free car insurance quotes from both of them so you have a total pricing picture. There are still a few companies who do not offer internet price quotes and these smaller providers provide coverage only through local independent agents.

As you shop your coverage around, make sure you don’t buy poor coverage just to save money. There are a lot of situations where an insured dropped comprehensive coverage or liability limits only to find out they didn’t have enough coverage. The ultimate goal is to purchase a proper amount of coverage at an affordable rate while not skimping on critical coverages.

You just read many ways to shop for 2018 Honda HR-V insurance online. It’s most important to understand that the more providers you compare, the better your chances of lowering your prices. Drivers may discover the best price on car insurance is with a small local company. These companies may have significantly lower prices on certain market segments than the large multi-state companies such as Allstate, GEICO and Progressive.

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