Honda HR-V Insurance Rates

Comparing auto insurance through online providers is easy, in addition you may find lower rates. The key is to compare as many rate quotes as possible in order to accurately compare all your choices.

Beginners to comparing rates may think buying cheap Honda HR-V insurance is hard and time consuming. Getting cheaper insurance rates is surprisingly easy. The only requirement is to invest a few minutes to compare quotes from different insurance companies. This can be done by getting a quick quote here.

Criteria which help determine Honda HR-V insurance cost

Insurance premiums for a Honda HR-V will vary greatly based upon several criteria. A few of these criteria are:

Your driving record
Your credit history
Your location impacts rates
How many miles you drive
Male rates may be higher
The deductible you choose
NTSB crash rating for your vehicle
Whether or not you have claims
Having continuous coverage saves you money
Owning a home can lower rates

One important consideration that can impact your rates is the age of the vehicle. Models that are new have a higher value compared to older Honda models so repair costs are higher which will push premiums up. Although newer vehicles have more advanced features included like active head restraints, automatic crash notification, blind-spot warning system, and adaptive cruise control so those may help offset higher rates.

To get a better understanding how rates are influenced for your specific model year, select the year of your vehicle from the following list.

Liability auto insurance

Liability insurance can cover injuries or damage you cause to other people or property. Liability insurance covers claims such as funeral expenses, loss of income, and emergency aid. Liability insurance is relatively cheap so buy as much as you can afford.

Auto collision coverage

This coverage covers damage to your Honda caused by collision with another vehicle or an object, but not an animal. You have to pay a deductible and then insurance will cover the remainder. Honda HR-V collision insurance is rather expensive coverage, so consider dropping it from lower value vehicles. Drivers also have the option to increase the deductible in order to get cheaper Honda HR-V insurance rates.

Comprehensive (Other than Collision)

Comprehensive insurance covers damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then your comprehensive coverage will pay. The maximum amount a auto insurance company will pay at claim time is the actual cash value, so if your deductible is as high as the vehicle's value it's probably time to drop comprehensive insurance.

UM/UIM (Uninsured/Underinsured Motorist) coverage

This coverage provides protection from other motorists when they either are underinsured or have no liability coverage at all. Because many people carry very low liability coverage limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is a good idea.

Medical expense insurance

Coverage for medical payments and/or PIP provide coverage for bills like ambulance fees, surgery, and doctor visits. They can be used to fill the gap from your health insurance plan or if you are not covered by health insurance. PIP is not an option in every state and may carry a deductible.

How Much are Honda HR-V Insurance Rates?