Cheaper 2014 Honda CR-V Insurance Cost

Consumers have lots of choices when looking for low-cost Honda CR-V insurance. You can either waste hours contacting agents getting price quotes or save time using the internet to find the lowest rates.

There is a right way and a wrong way to shop for auto insurance so you’re going to learn the quickest way to compare rates for your Honda and locate the cheapest rates.

You should take the time to get comparison quotes before your policy renews due to the fact that insurance rates fluctuate regularly. Despite the fact that you may have had the lowest rates for CR-V insurance six months ago the chances are good that you can find a lower rate today. Starting now, forget anything you know (or think you know) about auto insurance because you’re going to get a crash course in the proper way to save on auto insurance.

The quickest way to compare rates utilizes the fact auto insurance companies participate in a system to give you rate quotes. To start a quote, the only thing you need to do is provide a small amount of information like the year, make and model of vehicles, how much coverage you want, if you went to college, and if you have an active license. That rating information is instantly sent to multiple different insurance companies and they provide comparison quotes instantly to find the best rate.

To check rates for your 2014 Honda CR-V, click here and find out if you can get cheaper insurance.

Honda CR-V insurance premiums are calculated by many factors

An important part of buying insurance is that you know some of the elements that come into play when calculating the price you pay for car insurance. Knowing what influences your rates helps enable you to make changes that can help you get much lower annual insurance costs.

The list below includes some of the factors that factor into your rates.

  • Poor credit can mean higher rates – Having a bad credit score is a large factor in determining your rates. If your credit history is lower than you’d like, you could save money insuring your 2014 Honda CR-V by repairing your credit. Consumers who have excellent credit tend to be less risk to insure than those with poor credit.
  • Don’t sacrifice liability coverage – Your policy’s liability coverage is the coverage that protects you in the event that you are found liable for damages from an accident. Liability provides legal defense coverage up to the limits shown on your policy. Liability is cheap as compared to coverage for physical damage, so do not skimp.
  • Battle of the sexes – The statistics show women tend to be less risk to insure than men. However, don’t assume that men are WORSE drivers than women. Men and women cause accidents in similar numbers, but men cause more damage and cost insurance companies more money. Men also get cited for more serious violations like DUI and reckless driving.
  • Marriage pays dividends – Having a spouse can get you a discount when buying car insurance. Having a spouse translates into being more mature and responsible and statistics show married drivers get in fewer accidents.
  • Teen drivers pay high rates – More mature drivers are more cautious drivers, tend to file fewer claims and tend to be better behind the wheel. Teenage drivers have a tendency to be more careless when driving therefore car insurance rates are much higher.
  • Traffic violations increase rates – Your driving record has a lot to do with how much you pay for insurance. Even a single speeding ticket may increase your cost twenty percent or more. Drivers with clean records tend to pay less for car insurance compared to drivers with tickets. Drivers who get flagrant violations such as hit and run, DWI or reckless driving convictions may be required to submit a SR-22 or proof of financial responsibility with their state DMV in order to keep their license.
  • Save money with special equipment – Driving a car with a theft deterrent system can help bring down rates. Theft prevention features such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all hinder auto theft.
  • Pleasure use or commuting – Driving more miles in a year’s time the more you will pay for car insurance. The majority of insurers rate vehicles determined by how the vehicle is used. Autos used primarily for pleasure use qualify for better rates as compared to vehicles used primarily for driving to work. If your policy improperly rates your CR-V may be costing you. Double check that your car insurance coverage is rated on the proper vehicle usage.

Save big with these discounts

Properly insuring your vehicles can get expensive, but you may find discounts that many people don’t even know exist. A few discounts will automatically apply at the time you complete a quote, but a few must be specially asked for before you will receive the discount. If you aren’t receiving every discount possible, you’re just leaving money on the table.

  • Multiple Vehicles – Buying insurance for multiple vehicles on one policy could earn a price break for each car.
  • Accident Waiver – A few companies will forgive one accident before raising your premiums as long as you don’t have any claims for a particular time prior to the accident.
  • Save with a New Car – Putting insurance coverage on a new car is cheaper due to better safety requirements for new cars.
  • Anti-theft Discount – Cars that have factory anti-theft systems can help prevent theft and earn discounts up to 10%.
  • Clubs and Organizations – Belonging to a qualifying organization could qualify you for a break when shopping for insurance coverage for CR-V insurance.
  • Auto/Life Discount – Companies who offer life insurance give a discount if you purchase auto and life insurance together.

It’s important to note that some credits don’t apply the the whole policy. Most only cut specific coverage prices like medical payments or collision. So when the math indicates all the discounts add up to a free policy, you won’t be that lucky. Any qualifying discounts will reduce your overall premium however.

For a list of companies with the best insurance coverage discounts, follow this link.

But I don’t know anything about car insurance

When choosing adequate coverage for your vehicles, there really is no best way to insure your cars. Everyone’s situation is unique.

These are some specific questions can help discover whether or not you would benefit from an agent’s advice.

  • What is roadside assistance coverage?
  • Does my policy cover my teen driver if they drive my company car?
  • Is my trailer covered?
  • Do I need an umbrella policy?
  • Am I covered if I hit a deer?
  • Is there coverage for injuries to my pets?
  • Should I carry comprehensive and collision coverage?
  • Are rental cars covered under my policy?

If you can’t answer these questions, you may need to chat with a licensed agent. If you don’t have a local agent, simply complete this short form. It’s fast, free and may give you better protection.

Auto insurance coverage basics

Learning about specific coverages of a auto insurance policy aids in choosing which coverages you need and the correct deductibles and limits. Policy terminology can be difficult to understand and nobody wants to actually read their policy.

Uninsured/Underinsured Motorist (UM/UIM)

This coverage provides protection from other drivers 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 Honda CR-V.

Since many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is very important. Normally these limits do not exceed the liability coverage limits.

Collision coverage protection

This pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims such as colliding with a tree, sideswiping another vehicle, crashing into a building, damaging your car on a curb and hitting a parking meter. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are older. You can also increase the deductible to save money on collision insurance.

Comprehensive insurance

This coverage pays for damage OTHER than collision with another vehicle or object. A deductible will apply then your comprehensive coverage will pay.

Comprehensive can pay for claims such as falling objects, rock chips in glass and hitting a deer. The most your auto insurance company will pay is the ACV or actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Med pay and Personal Injury Protection (PIP)

Personal Injury Protection (PIP) and medical payments coverage pay for short-term medical expenses such as nursing services, ambulance fees, pain medications, surgery and chiropractic care. They are used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. It covers not only the driver but also the vehicle occupants and will also cover being hit by a car walking across the street. Personal Injury Protection is not available in all states but it provides additional coverages not offered by medical payments coverage

Liability car insurance

Liability insurance provides protection from damage or injury you incur to people or other property in an accident. This insurance protects YOU against other people’s claims, and does not provide coverage for damage to your own property or vehicle.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You might see limits of 50/100/50 which means a $50,000 limit per person for injuries, a limit of $100,000 in injury protection per accident, and property damage coverage for $50,000. Another option is a combined single limit or CSL that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability insurance covers claims like repair costs for stationary objects, medical expenses, loss of income and medical services. How much coverage you buy is a decision to put some thought into, but buy higher limits if possible.

More quotes mean more savings

Insureds switch companies for a variety of reasons including an unsatisfactory settlement offer, questionable increases in premium, extreme rates for teen drivers or even delays in paying claims. It doesn’t matter why you want to switch choosing a new company is not as hard as you think.

We just covered a lot of techniques to reduce 2014 Honda CR-V insurance prices online. The most important thing to understand is the more companies you get rates for, the higher your chance of finding lower rates. You may be surprised to find that the most savings is with the least-expected company.

When trying to cut insurance costs, don’t be tempted to skimp on coverage in order to save money. There are a lot of situations where someone dropped liability coverage limits to discover at claim time they didn’t purchase enough coverage. The aim is to purchase a proper amount of coverage at a price you can afford while not skimping on critical coverages.

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