How Much Does 2010 Honda CR-V Insurance Cost?

Having to pay for overpriced Honda CR-V insurance can empty your personal savings, especially in this economy. Shopping your coverage around is a smart way to tighten up your finances.

Popular companies such as State Farm, Allstate, Geico and Progressive all claim big savings, bombarding you with ads and it is difficult to avoid their marketing magic and effectively compare rates to find the best deal.

It’s smart to compare prices occasionally because prices are rarely the same from one policy term to another. Just because you found the lowest price on CR-V coverage last year you will most likely find a better rate today. Starting right now, block out anything you think you know about insurance coverage because it’s time to teach you one of the best ways to save on insurance coverage.

Insurance Prices Online

There are several ways to compare rate quotes from insurance companies in your area. The recommended way to find competitive 2010 Honda CR-V insurance rates is simply to get online rate quotes. This is very easy and can be done in a couple of different ways.

One of the simplest ways consumers can make multiple comparisons would be an industry-wide quote request form click to view form in new window. This easy form prevents you from having to do separate quotation requests for every insurance company. Taking the time to complete one form compares rates from multiple companies.
A more difficult way to get quotes online requires you to visit each company website to complete their respective quote request forms. For example, let’s assume you want comparison quotes from USAA, Allstate and American Family. To get each rate you have to go to every website and enter your policy data, which is why the first method is quicker. For a list of links to insurance companies in your area, click here.
The least efficient way of comparing rate quotes is driving around to and from local insurance agencies. The internet eliminates the need for an insurance agent unless you prefer the professional advice of a licensed agent. However, consumers can compare online quotes but buy from a local insurance agent and we’ll cover that in a bit.

It’s your choice how you get your quotes, but ensure you’re using identical coverages with every price quote. If you use mixed coverages you can’t possibly make an equal comparison. Slightly different coverage limits may result in a large different in cost. It’s important to know that comparing a large number of companies will increase your chances of finding better pricing.

Save big with these discounts

Insurance can be prohibitively expensive, but you may find discounts to help bring down the price. Larger premium reductions will be automatically applied when you quote, but less common discounts must be requested specifically prior to receiving the credit.

Bundle and Save – If you insure your home and vehicles with the same company you may earn at least 10% off all policies.
Early Signing – Some companies give discounts for switching policies prior to your current policy expiring. This can save 10% or more.
Homeowners Discount – Being a homeowner may earn you a small savings due to the fact that maintaining a home requires personal responsibility.
Safe Driver Discount – Safe drivers may save up to 50% more on CR-V coverage than drivers with accidents.
Discount for Life Insurance – Select insurance companies reward you with lower rates if you buy life insurance.
Payment Method – If you pay your entire premium ahead of time instead of monthly or quarterly installments you could save up to 5%.
Seat Belts Save more than Lives – Using a seat belt and requiring all passengers to use a seat belt can save up to 15% off the personal injury premium cost.
Anti-lock Brake System – Vehicles with anti-lock braking systems are safer to drive and will save you 10% or more.
Fewer Miles Equal More Savings – Keeping the miles down on your Honda can earn a substantially lower rate.
Save over 55 – If you qualify as a senior citizen, you may be able to get better insurance coverage rates on CR-V coverage.

As a disclaimer on discounts, most discount credits are not given to the entire cost. Most cut the price of certain insurance coverages like comprehensive or collision. So when it seems like all those discounts means the company will pay you, it just doesn’t work that way. But all discounts will help reduce your overall premium however.

A partial list of companies who might offer these money-saving discounts may include but are not limited to:

It’s a good idea to ask each company how you can save money. Savings may not be available everywhere.

But I don’t know anything about car insurance

When buying coverage, there really is no best way to insure your cars. Every situation is different so this has to be addressed. Here are some questions about coverages that may help highlight whether your personal situation would benefit from an agent’s advice.

Is my trailer covered?
Can I rent a car in Mexico?
Do I need PIP (personal injury protection) coverage in my state?
Do I need an umbrella policy?
When would I need additional glass coverage?
Can I make deliveries for my home business?
Am I covered by my employer’s commercial auto policy when driving my personal car for business?
Is my dog or cat covered if injured in an accident?

If it’s difficult to answer those questions but a few of them apply, you might consider talking to an insurance agent. If you want to speak to an agent in your area, simply complete this short form or go to this page to view a list of companies.

Insurance coverage breakdown

Learning about specific coverages of insurance can help you determine the right coverages for your vehicles. Insurance terms can be difficult to understand and coverage can change by endorsement. Shown next are the usual coverages found on the average insurance policy.

Coverage for collisions

Collision coverage pays for damage to your CR-V resulting from a collision with another car or object. A deductible applies and then insurance will cover the remainder.

Collision can pay for things like hitting a parking meter, rolling your car, crashing into a building and colliding with another moving vehicle. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are older. It’s also possible to increase the deductible to get cheaper collision coverage.

Comprehensive coverages

This will pay to fix damage caused by mother nature, theft, vandalism and other events. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims like falling objects, theft and hitting a bird. The most a insurance company will pay at claim time is the actual cash value, so if the vehicle’s value is low consider dropping full coverage.

Uninsured and underinsured coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle from other motorists when they either have no liability insurance or not enough. Covered losses include injuries sustained by your vehicle’s occupants and also any damage incurred to your 2010 Honda CR-V.

Because many people have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is very important. Usually your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Coverage for medical payments

Medical payments and Personal Injury Protection insurance provide coverage for expenses for chiropractic care, prosthetic devices and funeral costs. They can be utilized in addition to your health insurance plan or if you do not have health coverage. Coverage applies to not only the driver but also the vehicle occupants and also covers any family member struck as a pedestrian. PIP is not an option in every state and may carry a deductible

Liability car insurance

This protects you from injuries or damage you cause to people or other property. This insurance protects YOU from legal claims by others, and does not provide coverage for damage to your own property or vehicle.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. Your policy might show liability limits of 50/100/50 which stand for a $50,000 limit per person for injuries, $100,000 for the entire accident, and a total limit of $50,000 for damage to vehicles and property. Another option is one limit called combined single limit (CSL) which combines the three limits into one amount without having the split limit caps.

Liability coverage protects against claims such as bail bonds, attorney fees, emergency aid and medical expenses. How much coverage you buy is a decision to put some thought into, but you should buy higher limits if possible.