How Much Does 2002 Honda CR-V Insurance Cost?

Want lower car insurance rates for your Honda CR-V? Have you fallen victim to overpriced car insurance? Trust us when we tell you there are lots of people in the same boat.

Insurance companies such as Geico and Progressive all claim big savings with advertising and consumers find it hard to see past the geckos and flying pigs and do the work needed to find the best deal.

It’s a good habit to price shop coverage before your policy renews since rates fluctuate regularly. Even if you got the lowest rates on CR-V insurance six months ago the chances are good that you can find a lower rate today. Forget anything you know (or think you know) about car insurance because you’re about to learn one of the quickest ways to find the best coverage while lowering your premiums.

Get lower rates on 2002 Honda CR-V insurance

Companies don’t always list every available discount in an easy-to-find place, so here is a list some of the best known and the harder-to-find ways to save on insurance coverage.

  • Defensive Driver – Successfully completing a defensive driving course could save 5% or more if you qualify.
  • Paperwork-free – Some insurance companies give back up to $50 just for signing your application on their website.
  • Drivers Education – Make teen driver coverage more affordable by requiring them to successfully complete driver’s ed class in high school.
  • Military Discounts – Being deployed with a military unit can result in better rates.
  • Braking Control Discount – Vehicles with anti-lock braking systems can reduce accidents and earn discounts up to 10%.

Drivers should understand that most of the big mark downs will not be given to all coverage premiums. A few only apply to specific coverage prices like comp or med pay. So even though it sounds like it’s possible to get free car insurance, you’re out of luck.

Car insurance companies that may have some of the above discounts include:

Before buying, ask each company what discounts are available to you. Discounts might not be offered everywhere.

Tailor your coverage to you

When buying the best insurance coverage, there isn’t really a perfect coverage plan. Every situation is different so this has to be addressed. For instance, these questions may help you determine whether you would benefit from professional advice.

  • Is my 2002 Honda CR-V covered for flood damage?
  • Do I need PIP coverage since I have good health insurance?
  • What is roadside assistance coverage?
  • Am I covered when driving someone else’s vehicle?
  • I don’t drive much so do I pay less?
  • Do I need motorclub coverage?
  • How high should my medical payments coverage be?

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 don’t have a local agent, simply complete this short form or you can also visit this page to select a carrier

Car insurance coverages for a Honda CR-V

Learning about specific coverages of your insurance policy helps when choosing which coverages you need and proper limits and deductibles. Insurance terms can be difficult to understand and reading a policy is terribly boring. Below you’ll find the usual coverages found on most insurance policies.

Collision coverages – Collision insurance will pay to fix damage to your CR-V from colliding with another vehicle or an object, but not an animal. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers things like colliding with a tree, sustaining damage from a pot hole, crashing into a building and colliding with another moving vehicle. Collision is rather expensive coverage, so consider dropping it from vehicles that are 8 years or older. You can also raise the deductible to bring the cost down.

Liability insurance – This will cover injuries or damage you cause to people or other property by causing an accident. It protects you against other people’s claims, and does not provide coverage for damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You might see liability limits 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 total limit of $25,000 for damage to vehicles and property.

Liability coverage protects against claims such as court costs, legal defense fees, funeral expenses and repair bills for other people’s vehicles. The amount of liability coverage you purchase is up to you, but buy higher limits if possible.

Uninsured or underinsured coverage – Your UM/UIM coverage protects you and your vehicle’s occupants when the “other guys” either are underinsured or have no liability coverage at all. This coverage pays for hospital bills for your injuries as well as your vehicle’s damage.

Due to the fact that many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is important protection for you and your family.

Comprehensive protection – This pays to fix your vehicle from damage that is not covered by collision coverage. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims like damage from a tornado or hurricane, vandalism, theft, fire damage and hitting a bird. The most you can receive from a comprehensive claim is the actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

Medical expense coverage – Coverage for medical payments and/or PIP pay for bills like chiropractic care, rehabilitation expenses, doctor visits and dental work. They can be used in conjunction with a health insurance program or if you are not covered by health insurance. They cover not only the driver but also the vehicle occupants in addition to getting struck while a pedestrian. Personal Injury Protection is only offered in select states and may carry a deductible

In the end, you save

As you prepare to switch companies, it’s very important that you do not sacrifice coverage to reduce premiums. There are a lot of situations where someone sacrificed full coverage only to find out they didn’t purchase enough coverage. Your strategy should be to purchase a proper amount of coverage at an affordable rate while not skimping on critical coverages.

Lower-priced 2002 Honda CR-V insurance can be purchased from both online companies in addition to many insurance agents, so compare prices from both to have the best rate selection. Some insurance companies do not provide online price quotes and most of the time these small insurance companies sell through independent agents.

Other articles