1998 Honda CR-V Car Insurance Rates – 6 Discounts for Best Quotes

Perplexed by the dozens of auto insurance choices? You have a lot of company. There are so many choices that it can easily become a real hassle to locate the lowest price.

Smart consumers take time to shop coverage around once or twice a year because rates trend upward over time. If you had the best rates on CR-V coverage a few years ago you will most likely find a better rate today. There is a lot of wrong information about auto insurance on the internet, so by reading this article, you’re going to learn some of the best ways to stop overpaying for insurance.

The easiest way to compare rate quotes is to know car insurance companies allow for online access to give rate comparisons. To start a quote, the only thing you need to do is provide a little information like if you require a SR-22, if you lease or own, whether you have decent credit, and how your vehicles are used. That information is automatically sent to many highly-rated insurers and they provide comparison quotes within a short period of time.

Discounts can save BIG

Auto insurance companies don’t always list all available discounts very well, so here is a list some of the best known and also the lesser-known discounts you could be receiving.

  • Safe Drivers – Insureds without accidents may receive a discount up to 45% less on CR-V coverage than less cautious drivers.
  • Passive Restraint Discount – Vehicles with factory air bags or motorized seat belts can qualify for discounts of more than 20%.
  • Paperwork-free – A handful of insurance companies will discount your bill up to fifty bucks for buying your policy over the internet.
  • Good Student – This discount can get you a discount of up to 25%. This discount can apply up to age 25.
  • Safety Course Discount – Successfully completing a defensive driving course could save 5% or more depending on where you live.
  • Life Insurance – Larger companies have a discount if you purchase life insurance from them.

It’s important to note that most credits do not apply to the entire cost. Most cut specific coverage prices like liability, collision or medical payments. Even though it may seem like you could get a free insurance coverage policy, companies wouldn’t make money that way.

To see a list of providers offering insurance coverage discounts, click here to view.

Will just any policy work for me?

When buying the best insurance coverage for your personal vehicles, there isn’t really a cookie cutter policy. Everyone’s needs are different.

For example, these questions may help highlight if your situation will benefit from professional help.

  • Am I covered if I wreck a rental car?
  • Should I bundle my homeowners policy with my auto?
  • Are split liability limits better than a combined single limit?
  • Why is insurance for a teen driver so high?
  • Is my 1998 Honda CR-V covered for flood damage?
  • Am I getting all the discounts available?

If you can’t answer these questions but one or more may apply to you then you might want to talk to an insurance agent. To find lower rates from a local agent, take a second and complete this form.

Insurance coverage basics

Understanding the coverages of a insurance policy can be of help when determining the best coverages for your vehicles. Policy terminology can be impossible to understand and even agents have difficulty translating policy wording.

Uninsured and underinsured coverage – Uninsured or Underinsured Motorist coverage provides protection from other drivers 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.

Due to the fact that many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is a good idea.

Liability coverage – Liability insurance can cover damage that occurs to a person or their property. Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show limits of 100/300/100 which means $100,000 bodily injury coverage, a per accident bodily injury limit of $300,000, and property damage coverage for $100,000.

Liability coverage protects against things like repair costs for stationary objects, pain and suffering and medical services. The amount of liability coverage you purchase is a personal decision, but you should buy as much as you can afford.

Comprehensive coverages – This coverage pays for damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things such as falling objects, theft, vandalism, damage from a tornado or hurricane and a broken windshield. The highest amount your insurance company will pay is the actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Coverage for medical payments – Personal Injury Protection (PIP) and medical payments coverage pay for short-term medical expenses for things like prosthetic devices, ambulance fees and nursing services. They can be used to fill the gap from your health insurance plan or if you are not covered by health insurance. Medical payments and PIP cover you and your occupants and also covers being hit by a car walking across the street. Personal Injury Protection is not available in all states and may carry a deductible

Collision coverages – This pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. A deductible applies then your collision coverage will kick in.

Collision coverage pays for claims such as crashing into a building, crashing into a ditch and rolling your car. Collision coverage makes up a good portion of your premium, so consider removing coverage from older vehicles. Another option is to increase the deductible to save money on collision insurance.

Have money to burn

You just learned a lot of information how to save on 1998 Honda CR-V insurance. It’s most important to understand that the more times you quote, the better your comparison will be. You may even find the most savings is with a company that doesn’t do a lot of advertising.

Drivers leave their current company for a variety of reasons including questionable increases in premium, lack of trust in their agent, delays in paying claims and policy non-renewal. No matter why you want to switch, choosing a new company is easier than you think.

Lower-priced insurance is definitely available online as well as from independent agents, and you should compare price quotes from both to have the best selection. Some companies don’t offer online price quotes and many times these small insurance companies only sell through independent insurance agents.

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