Save on 2013 Honda CR-Z Insurance Cost

Looking for cheaper insurance rates for your Honda CR-Z? I can’t think of a single person who likes having to buy insurance, especially knowing they are paying too much.

Drivers have multiple insurers to insure vehicles with, and although it’s nice to have a selection, it can be more challenging to find the lowest rates.

The purpose of this article is to help educate you on how to effectively get price quotes and some tips to save money. If you have car insurance now, you will be able to reduce your rates substantially using these techniques. Nevertheless, car owners need to learn how big insurance companies price online insurance and use this information to your advantage.

Cut your premium with discounts

Insuring your vehicles can cost a lot, buy you may qualify for discounts to reduce the price significantly. Certain discounts will be applied when you get a quote, but less common discounts must be specially asked for before being credited.

  • Paperwork-free – A few companies give back up to $50 for buying your policy on their website.
  • College Student – Any of your kids living away from home attending college and don’t have a car can receive lower rates.
  • Homeowners Savings – Simply owning a home can save you money because maintaining a house is proof that your finances are in order.
  • Defensive Driver – Completing a course in driver safety could cut 5% off your bill depending on where you live.
  • Anti-theft System – Vehicles with anti-theft systems can help prevent theft and therefore earn up to a 10% discount.

It’s important to note that some of the credits will not apply the the whole policy. A few only apply to individual premiums such as liability, collision or medical payments. So even though they make it sound like you could get a free insurance policy, companies wouldn’t make money that way. But all discounts will reduce the cost of coverage.

Companies that may have these money-saving discounts may include but are not limited to:

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

What is the best insurance coverage?

When choosing proper insurance coverage, there really is not a single plan that fits everyone. Coverage needs to be tailored to your specific needs so your insurance should reflect that For instance, these questions might point out whether or not you might need professional guidance.

  • Is motorclub coverage worth it?
  • Why am I required to buy liability insurance?
  • Should I buy additional glass protection?
  • What is the rate difference between pleasure use and commuting?
  • Are my friends covered when driving my 2013 Honda CR-Z?
  • When should I remove comp and collision on my 2013 Honda CR-Z?

If it’s difficult to answer those questions but you know they apply to you, then you may want to think about talking to a licensed agent. To find lower rates from a local agent, take a second and complete this form or you can also visit this page to select a carrier

Are you falling for claims of savings?

Insurance coverage companies such as Allstate and Progressive continually stream ads on TV and radio. They all seem to have a common claim that you can save after switching to them. How can each company claim to save you money?

All companies are able to cherry pick for the type of driver that makes them money. For instance, a profitable customer might be profiled as between 30 and 50, has no driving citations, and drives newer vehicles. A driver who fits that profile will get the preferred rates and is almost guaranteed to save when they switch companies.

Potential customers who don’t qualify for the requirements will have to pay higher prices which usually ends up with business going elsewhere. The ads say “drivers who switch” but not “drivers who get quotes” save that much money. This is how insurance companies can confidently make the claims of big savings.

Because of the profiling, you need to quote coverage with many companies. It’s impossible to know which insurance coverage company will provide you with the cheapest Honda CR-Z insurance rates.

Auto insurance coverage information

Knowing the specifics of insurance helps when choosing the best coverages and proper limits and deductibles. The terms used in a policy can be ambiguous and even agents have difficulty translating policy wording. Below you’ll find typical coverages offered by insurance companies.

Comprehensive protection

Comprehensive insurance covers damage that is not covered by collision coverage. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things like damage from flooding, rock chips in glass and a tree branch falling on your vehicle. The highest amount you can receive from a comprehensive claim is the cash value of the vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

Uninsured or underinsured coverage

This coverage gives you protection when other motorists either are underinsured or have no liability coverage at all. Covered claims include injuries to you and your family as well as your vehicle’s damage.

Due to the fact that many drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Normally these coverages are identical to your policy’s liability coverage.

Liability car insurance

Liability insurance can cover injuries or damage you cause to other’s property or people by causing an accident. It protects YOU from legal claims by others. Liability doesn’t cover your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have limits of 50/100/50 which means a limit of $50,000 per injured person, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000. Some companies may use a combined limit which combines the three limits into one amount without having the split limit caps.

Liability can pay for claims such as repair costs for stationary objects, bail bonds, funeral expenses and court costs. How much liability coverage do you need? That is a personal decision, but it’s cheap coverage so purchase as large an amount as possible.

Auto collision coverage

Collision coverage covers damage to your CR-Z resulting from colliding with an object or car. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers claims such as rolling your car, hitting a parking meter, sideswiping another vehicle, hitting a mailbox and sustaining damage from a pot hole. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are older. You can also bump up the deductible to get cheaper collision coverage.

Medical expense coverage

Med pay and PIP coverage pay for immediate expenses such as dental work, ambulance fees, doctor visits, prosthetic devices and funeral costs. They are often used to cover expenses not covered by your health insurance policy or if you do not have health coverage. It covers all vehicle occupants and will also cover if you are hit as a while walking down the street. Personal Injury Protection is not universally available and gives slightly broader coverage than med pay

Affordable insurance is out there

We just covered some good ideas how to lower your 2013 Honda CR-Z insurance rates. It’s most important to understand that the more providers you compare, the higher the chance of saving money. Consumers may even find the lowest premiums are with a small mutual company. Some small companies may cover specific market segments cheaper than the large multi-state companies such as State Farm, Geico and Nationwide.

As you restructure your insurance plan, it’s a bad idea to reduce needed coverages to save money. There are too many instances where an insured cut full coverage only to find out they didn’t purchase enough coverage. Your aim should be to find the BEST coverage at an affordable rate while still protecting your assets.

Additional detailed information can be read at these sites: