2012 Honda CR-Z Car Insurance Cost – 9 Tips for Best Prices

Did you fall for a flashy sales pitch and buy an underperforming, overpriced insurance coverage policy? Believe me, there are many people just like you. Because there are so many choices, it’s difficult to locate the lowest cost company.

Best discounts on 2012 Honda CR-Z coverage

The price of auto insurance can be rather high, but you can get discounts to reduce the price significantly. A few discounts will automatically apply when you purchase, but less common discounts must be requested specifically before you get the savings. If you’re not getting every credit you deserve, you are paying more than you should be.

  • Save over 55 – If you’re over the age of 55, you may be able to get a discount up to 10% on CR-Z insurance.
  • Multi-car Discount – Having more than one vehicle with the same company can get a discount on all vehicles.
  • Distant Student – Youth drivers who attend school more than 100 miles from home and don’t have a car can be insured at a reduced rate.
  • Drive Safe and Save – Drivers who don’t get into accidents can get discounts for up to 45% lower rates on CR-Z insurance than their less cautious counterparts.
  • Paperwork-free – Some insurance companies will discount your bill up to fifty bucks for buying a policy and signing up on their website.
  • Discount for Life Insurance – Select insurance companies reward you with better rates if you take out life insurance from them.
  • Passive Restraints and Air Bags – Cars that have air bags or motorized seat belts can get savings of up to 25% or more.
  • Seat Belt Usage – Buckling up and requiring all passengers to use a seat belt can save up to 15% off your PIP or medical payments premium.
  • No Claims – Claim-free drivers can earn big discounts compared to frequent claim filers.

Drivers should understand that most discounts do not apply to all coverage premiums. Most cut specific coverage prices like comprehensive or collision. Just because you may think all the discounts add up to a free policy, it doesn’t quite work that way. But all discounts will reduce the amount you have to pay.

Insurance companies that may offer these benefits include:

Double check with each insurance company what discounts are available to you. Discounts might not apply in every state.

How to Buy Insurance Online

There are several ways to compare Honda CR-Z insurance prices but one way is less time-consuming than others. You can waste a lot of time talking to insurance agencies in your area, or you can stay home and use online quoting to get rates in a matter of minutes.

Many insurance companies belong to an insurance system that enables customers to submit their information once, and at least one company can provide price quotes based on that data. This eliminates the need for repetitive form submissions to every company.

To fill out one form to compare multiple rates now click here to open in new window.

The single downside to using this type of system is buyers cannot specifically choose the insurers you want pricing from. If you prefer to choose specific providers to compare prices, we put together a list of the cheapest insurance companies in your area. Click here for list of insurance companies.

Whichever way you use, be sure to compare identical coverages with each company. If your comparisons have higher or lower deductibles you will not be able to truly determine the lowest rate.

Tailor your coverage to you

When choosing adequate coverage for your vehicles, there isn’t really a single plan that fits everyone. Every insured’s situation is different so your insurance needs to address that. These are some specific questions may help highlight if you will benefit from professional help.

  • Do I need PIP (personal injury protection) coverage in my state?
  • How can I force my company to pay a claim?
  • Is my custom paint covered by insurance?
  • Should I buy additional glass protection?
  • How much liability coverage do I need in my state?
  • Is my dog or cat covered if injured in an accident?
  • Am I covered if I hit my neighbor’s mailbox?
  • Does having multiple vehicles earn me a discount?
  • What exactly is covered by my policy?
  • How do I buy GAP insurance?

If you don’t know the answers to these questions but you think they might apply to your situation, you may need to chat with a licensed insurance agent. To find an agent in your area, complete this form or you can go here for a list of companies in your area. It’s fast, free and you can get the answers you need.

Save $454 a year. For real?

Drivers can’t ignore all the ads for car insurance savings from companies such as Progressive, Geico, Allstate and State Farm. All the ads make an identical promise of big savings after switching your policy.

How does each company say the same thing? This is how they do it.

All the different companies can use profiling for the driver that earns them a profit. For instance, a preferred risk might be profiled as between the ages of 40 and 55, is a homeowner, and drives newer vehicles. Any driver who matches those parameters will get the preferred rates and as a result will probably pay quite a bit less when switching companies.

Consumers who don’t qualify for this ideal profile will be charged higher prices which leads to business not being written. The ads state “drivers who switch” not “people who quote” save money. That is how companies can truthfully state the savings.

That is why you absolutely need to get quotes from several different companies. You cannot predict which company will provide you with the cheapest Honda CR-Z insurance rates.

Car insurance coverage information

Knowing the specifics of your policy helps when choosing the right coverages and proper limits and deductibles. The coverage terms in a policy can be difficult to understand and coverage can change by endorsement. Shown next are typical coverages found on most insurance policies.

Liability coverages

Liability coverage provides protection from damages or injuries you inflict on other’s property or people in an accident. This coverage protects you against other people’s claims, and doesn’t cover your own vehicle damage or injuries.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show policy limits of 100/300/100 which means $100,000 in coverage for each person’s injuries, a limit of $300,000 in injury protection per accident, and a limit of $100,000 paid for damaged property. Occasionally you may see a combined single limit or CSL which limits claims to one amount and claims can be made without the split limit restrictions.

Liability coverage pays for things such as attorney fees, medical expenses and legal defense fees. How much liability should you purchase? That is a personal decision, but you should buy as high a limit as you can afford.

Uninsured or underinsured coverage

Your UM/UIM coverage protects you and your vehicle when other motorists either have no liability insurance or not enough. It can pay for hospital bills for your injuries and also any damage incurred to your Honda CR-Z.

Due to the fact that many drivers have only the minimum liability required by law, their limits can quickly be used up. This is the reason having UM/UIM coverage is a good idea. Most of the time your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Collision coverage

This coverage covers damage to your CR-Z resulting from a collision with an object or car. A deductible applies then your collision coverage will kick in.

Collision insurance covers things like backing into a parked car, crashing into a building, hitting a mailbox, hitting a parking meter and sustaining damage from a pot hole. Collision is rather expensive coverage, so consider dropping it from vehicles that are 8 years or older. You can also increase the deductible to bring the cost down.

Comprehensive protection

Comprehensive insurance coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for claims like damage from getting keyed, fire damage and a broken windshield. The most you’ll receive from a claim is the ACV or actual cash value, so if the vehicle’s value is low consider dropping full coverage.

Medical expense coverage

Medical payments and Personal Injury Protection insurance kick in for bills such as hospital visits, ambulance fees, EMT expenses, nursing services and funeral costs. The coverages can be used in conjunction with a health insurance plan or if you are not covered by health insurance. It covers not only the driver but also the vehicle occupants in addition to any family member struck as a pedestrian. PIP coverage is only offered in select states but can be used in place of medical payments coverage

A tidy conclusion

The cheapest 2012 Honda CR-Z insurance is attainable both online and also from your neighborhood agents, so you should compare both to have the best chance of lowering rates. There are still a few companies who may not provide online price quotes and usually these regional insurance providers provide coverage only through local independent agents.

You just read many ways to reduce insurance prices online. The key thing to remember is the more you quote, the higher your chance of finding lower rates. Consumers could even find that the lowest priced car insurance comes from some of the lesser-known companies. They can often provide lower rates in certain areas compared to the large companies like Geico and State Farm.

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