Lower Your 2017 Honda CR-V Insurance Rates

I doubt anyone loves paying for insurance coverage, particularly when they could get a better deal. Many auto insurance companies compete for your hard-earned dollar, so it can be very hard to choose a company to find the best rate

Smart consumers take time to compare premium rates every six months since prices are rarely the same from one policy term to another. Just because you had the lowest price on CR-V insurance at your last renewal the chances are good that you can find a lower rate today. Ignore everything you know about insurance coverage because you’re about to learn how to use the internet to properly buy coverages while reducing your premium.

Shop insurance online

There are multiple methods you can shop for insurance but some are easier and takes less work. You can waste a lot of time driving to agents in your area, or you can stay home and use the internet to get pricing more quickly.

Most car insurance companies enroll in a system where insurance shoppers enter their policy data once, and each company provides a quote based on that information. This saves time by eliminating form submissions for every insurance company.

To get comparison pricing now click here to start a free quote.

The one downside to doing it this way is that you can’t choose the companies you want to price. So if you want to choose individual companies to compare, we have assembled a list of companies who write insurance in your area. View list of insurance companies.

Which method you use is up to you, but try to keep nearly identical quote data on every price quote you get. If your comparisons have mixed coverages you will not be able to determine the lowest rate for your Honda CR-V.

Advertising myths

Consumers can’t escape the ads for the lowest price auto insurance by companies like State Farm and Allstate. They all seem to tend to make the same promise about savings if you move your auto insurance coverage to their company.

How is it possible that every company can cost less than your current company? It’s all in how they say it.

Companies have specific characteristics for a prospective insured that will not have excessive claims. One example of a profitable risk profile may need to be married and over the age of 30, has had continuous coverage, and drives a lower-performance vehicle. Any new insured who fits those characteristics will get the preferred car insurance rates and will probably cut their rates if they switch.

Consumers who don’t qualify for the requirements may be required to pay a higher premium with the end result being the prospect going elsewhere. The wording the ads use say “people who switch” not “all people who quote” save the amount stated. That is how companies can make the claims of big savings.

This illustrates why you need to get price quotes at each policy renewal. It’s not possible to predict the company that will have the lowest rates.

Discount car insurance rates

Some insurance providers do not list every available discount very well, so here is a list some of the more common in addition to some of the lesser obvious ways to save on car insurance. If you’re not getting every credit possible, you could be getting lower rates.

  • Theft Prevention Discount – Cars with anti-theft systems can help prevent theft and qualify for as much as a 10% discount.
  • Braking Control Discount – Cars with ABS and/or traction control are safer to drive and therefore earn up to a 10% discount.
  • Accident Forgiveness – Not a discount per se, but companies like State Farm, Progressive and Geico will allow you to have one accident before raising your premiums so long as you haven’t had any claims prior to being involved in the accident.
  • Service Members Pay Less – Having a deployed family member may qualify for rate reductions.
  • Distant Student Discount – Youth drivers who are attending college and do not take a car to college could get you a discount.
  • Discounts for Safe Drivers – Insureds who avoid accidents can pay as much as 50% less on CR-V insurance compared to rates paid by drivers with frequent claims.
  • Onboard Data Collection – Drivers that enable driving data collection to track driving patterns by using a telematic data system such as Progressive’s Snapshot could possibly reduce rates if their driving habits are good.

As a footnote on discounts, most of the big mark downs will not be given to the overall cost of the policy. Most only apply to specific coverage prices like medical payments or collision. Despite the fact that it seems like having all the discounts means you get insurance for free, that’s just not realistic. Any qualifying discounts should help lower your policy cost.

A few of the larger companies and their possible discounts can be read below.

  • American Family may offer discounts for mySafetyValet, good student, accident-free, early bird, and good driver.
  • Farm Bureau offers premium reductions for driver training, 55 and retired, renewal discount, good student, multi-policy, and safe driver.
  • State Farm offers discounts for Drive Safe & Save, anti-theft, safe vehicle, driver’s education, multiple policy, good student, and Steer Clear safe driver discount.
  • Travelers policyholders can earn discounts including multi-car, IntelliDrive, new car, good student, student away at school, and payment discounts.
  • The Hartford discounts include defensive driver, bundle, vehicle fuel type, good student, air bag, driver training, and anti-theft.
  • Geico has savings for good student, anti-theft, federal employee, multi-policy, and air bags.
  • Progressive may include discounts for multi-vehicle, homeowner, continuous coverage, online signing, and multi-policy.

Before buying, ask every prospective company how many discounts you can get. Some discounts might not be offered on policies in your area.

Tailor your insurance coverage coverage to you

When choosing proper insurance coverage for your vehicles, there is no “best” method to buy coverage. Everyone’s situation is a little different so your insurance should reflect that These are some specific questions may help you determine if your situation would benefit from professional advice.

  • Why am I required to get a high-risk car insurance policy?
  • Are my friends covered when driving my 2017 Honda CR-V?
  • Do I have coverage when pulling a U-Haul trailer?
  • Is business equipment covered while in my vehicle?
  • Will my insurance pay for OEM parts?
  • Why is insurance for a teen driver so high?
  • What is medical payments coverage?
  • Does my insurance cover a custom paint job?

If you don’t know the answers to these questions but you think they might apply to your situation, then you may want to think about talking to an insurance agent. If you don’t have a local agent, complete this form or go to this page to view a list of companies. It only takes a few minutes and you can get the answers you need.

Insurance coverage specifics

Knowing the specifics of your insurance policy helps when choosing appropriate coverage and proper limits and deductibles. The coverage terms in a policy can be ambiguous and reading a policy is terribly boring. Below you’ll find typical coverages found on most insurance policies.

Comprehensive or Other Than Collision – This coverage pays to fix your vehicle from damage from a wide range of events other than collision. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims like hail damage, damage from a tornado or hurricane, a broken windshield and damage from flooding. The highest amount your insurance company will pay is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Auto liability insurance – This can cover damages or injuries you inflict on other’s property or people in an accident. It protects YOU from legal claims by others. Liability doesn’t cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see values of 25/50/25 that translate to $25,000 in coverage for each person’s injuries, a limit of $50,000 in injury protection per accident, and a limit of $25,000 paid for damaged property. Some companies may use a combined limit which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability coverage protects against things like repair costs for stationary objects, court costs and funeral expenses. The amount of liability coverage you purchase is a personal decision, but buy as high a limit as you can afford.

Collision – This coverage pays to fix your vehicle from damage resulting from colliding with another vehicle or an object, but not an animal. You first must pay a deductible then your collision coverage will kick in.

Collision insurance covers claims such as driving through your garage door, hitting a parking meter and scraping a guard rail. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are 8 years or older. Another option is to choose a higher deductible to save money on collision insurance.

UM/UIM Coverage – This protects you and your vehicle from other motorists when they either have no liability insurance or not enough. This coverage pays for injuries sustained by your vehicle’s occupants and also any damage incurred to your Honda CR-V.

Because many people have only the minimum liability required by law, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is very important. Most of the time these limits are similar to your liability insurance amounts.

Medical costs insurance – Med pay and PIP coverage reimburse you for expenses for things like ambulance fees, nursing services, EMT expenses, chiropractic care and doctor visits. They are often utilized in addition to your health insurance policy or if you are not covered by health insurance. Coverage applies to both the driver and occupants and also covers being hit by a car walking across the street. Personal injury protection coverage is not available in all states and may carry a deductible

At the end of the day…

As you quote car insurance, never buy lower coverage limits just to save a few bucks. Too many times, an insured dropped collision coverage only to regret at claim time they didn’t purchase enough coverage. The aim is to purchase a proper amount of coverage at the best possible price while still protecting your assets.

Affordable 2017 Honda CR-V insurance is possible online in addition to local insurance agencies, and you need to comparison shop both to have the best chance of lowering rates. A few companies do not offer the ability to get a quote online and many times these small insurance companies prefer to sell through independent insurance agents.

Throughout this article, we presented many tips how you can lower your 2017 Honda CR-V insurance car insurance rates. The key thing to remember is the more providers you compare, the better your chances of lowering your premium rates. Drivers may discover the biggest savings come from a lesser-known regional company. Smaller companies may have significantly lower premium rates on certain market segments as compared to the big name companies such as Geico and State Farm.

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