Cheap 2000 Honda CR-V Car Insurance Cost

Locating better insurance prices for a new or used Honda CR-V could be a painful process, but you can follow a few tricks to find lower rates.

There is a right way and a wrong way to buy insurance coverage so you’re going to learn the quickest way to get price quotes for a new or used Honda and locate the cheapest rates.

You should make it a habit to compare prices once or twice a year because prices change regularly. Even if you think you had the lowest price for CR-V insurance six months ago the chances are good that you can find a lower rate today. You can find a lot of wrong information about insurance coverage on the web, but with this article, you’re going to get the easiest ways to find affordable insurance coverage.

If you have insurance now or are just looking to switch companies, you can use these techniques to find better prices while maximizing coverage. Finding the lowest cost protection is simple if you know the tricks. Drivers only need an understanding of the best way to compare price quotes on the web.

Comprehensive Car Insurance Comparison

Comparing car insurance rates can be challenging if you don’t utilize the best way to get rate quotes. You could spend your day talking about coverages with local insurance agents in your area, or you could save time and use online quotes to get the quickest rates.

The majority of car insurance companies belong to a marketplace that enables customers to submit one quote, and at least one company then gives them pricing based on the submitted data. This eliminates the need for quotation requests for each company you want a rate for.

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

The one disadvantage to using this type of form is you don’t know exactly the companies to get quotes from. So if you prefer to pick from a list of companies to compare, we have a listing of low cost car insurance companies in your area. Click to view list.

Whichever way you use, double check that you are using the exact same quote information for each price quote. If you are comparing differing limits it’s not possible to determine which rate is truly the best.

Lots of discounts mean lots of savings

Properly insuring your vehicles can get expensive, but discounts can save money and there are some available to cut the cost considerably. Some trigger automatically at the time of purchase, but less common discounts must be manually applied before they will apply. If you’re not getting every credit possible, you’re just leaving money on the table.

  • Seat Belts Save more than Lives – Using a seat belt and requiring all passengers to wear their seat belts could save 15% off your medical payments premium.
  • Accident Free – Drivers who don’t have accidents pay less when compared with bad drivers.
  • New Car Discount – Adding a new car to your policy can save up to 30% due to better safety requirements for new cars.
  • Multiple Policy Discount – If you insure your home and vehicles with one insurance company you could get a discount of approximately 10% to 15%.
  • Homeowners Savings – Owning a home can save you money due to the fact that maintaining a home is proof that your finances are in order.
  • Drive Less and Save – Keeping the miles down on your Honda could be rewarded with better rates on cars that stay parked.
  • Drivers Education – Make teen driver coverage more affordable by requiring them to successfully complete driver’s ed class if offered at their school.
  • E-sign – Some insurance companies will give a small break for buying your policy digitally online.
  • One Accident Forgiven – Certain companies allow you one accident without raising rates if your claims history is clear for a certain period of time.

It’s important to note that most of the big mark downs will not be given to your bottom line cost. Most only cut individual premiums such as liability and collision coverage. Even though it may seem like having all the discounts means you get insurance for free, it just doesn’t work that way. Any qualifying discounts will cut your overall premium however.

A partial list of companies that may offer these money-saving discounts may include but are not limited to:

Double check with each company which discounts you may be entitled to. Some discounts might not apply in every state.

Pieces of the Honda CR-V insurance rate puzzle

An important part of buying insurance is that you know the rating factors that help determine the rates you pay for insurance coverage. Knowing what controls the rates you pay empowers consumers to make smart changes that can help you get much lower annual insurance costs.

  • High crash test scores lower rates – Safer cars get lower rates. Safe vehicles reduce injuries and fewer injuries translates into savings for insurance companies and lower rates for you. If the Honda CR-V has ratings of a minimum four stars on Safercar.gov you are probably receiving a discount.
  • Higher deductibles cost less – Coverage for physical damage, termed comprehensive and collision coverage on your policy, is used to repair damage to your Honda. Some instances where coverage would apply would be collision with another vehicle, collision with an animal, or theft. The deductibles are how much you are willing to pay if you file a covered claim. The higher the amount you are required to pay out-of-pocket, the less your company will charge you for insurance for CR-V insurance.
  • More people means more accidents – Being located in small towns and rural areas has it’s advantages when it comes to insurance coverage. Less people living in that area means reduced accidents and a lower car theft rate. Drivers who live in large cities have to deal with congested traffic and longer commutes to work. More time on the road means more change of being in an accident.
  • Men are more aggressive – Statistics demonstrate that women are safer drivers 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 have more aggressive citations such as DWI and reckless driving.
  • Don’t cancel a policy without a new one in place – Letting your insurance expire will be a sure-fire way to increase your insurance coverage rates. Not only will rates go up, failure to provide proof of insurance will get you a steep fine or even jail time.Then you may be required to submit proof of financial responsibility or a SR-22 with your state motor vehicle department to get your license reinstated.
  • One company can mean more discounts – Many insurance companies give discounts to customers who carry more than one policy, otherwise known as a multi-policy discount. Even with this discount, you still need to shop around to make sure you are getting the best deal. You may still find better rates by splitting coverages up.
  • Teen drivers pay high rates – More mature drivers are more cautious drivers, tend to cause fewer accidents and tend to be better behind the wheel. Teen drivers tend to be careless and easily distracted when driving and because of this, their insurance coverage rates are much higher.

Situations that might require an agent

When it comes to choosing the right insurance coverage for your vehicles, there isn’t really a one size fits all plan. Everyone’s needs are different.

These are some specific questions might point out whether you could use an agent’s help.

  • Is business property covered if stolen from my car?
  • Does coverage extend to my business vehicle?
  • Does my policy cover my teen driver if they drive my company car?
  • What is covered by UM/UIM coverage?
  • Do I need medical payments coverage since I have good health insurance?
  • Will my rates increase for filing one claim?

If you’re not sure about those questions but you think they might apply to your situation, you may need to chat with a licensed agent. To find an agent in your area, take a second and complete this form. It’s fast, doesn’t cost anything and can help protect your family.

Do insurance companies bend the truth?

Consumers can’t get away from ads for the lowest price auto insurance from companies such as 21st Century, Allstate and State Farm. All the companies make the same claim about savings if you change your policy.

But how can every company make almost identical claims? This is how they do it.

All the different companies have a preferred profile for the type of customer that earns them a profit. A good example of a preferred risk could possibly be between 30 and 50, a clean driving record, and drives less than 10,000 miles a year. A driver who meets those qualifications is entitled to the best price and is almost guaranteed to save a lot of money.

Potential insureds who fall outside these standards will be charged more money which leads to the customer not buying. Company advertisements say “people who switch” not “everyone that quotes” save that much money. That’s why companies can make the claims of big savings.

That is why you should get as many comparisons as possible. Because you never know which insurance company will fit your personal profile best.

Insurance policy specifics

Knowing the specifics of your policy can be of help when determining which coverages you need at the best deductibles and correct limits. Insurance terms can be ambiguous and coverage can change by endorsement.

Collision protection

This coverage will pay to fix damage to your CR-V resulting from a collision with another vehicle or an object, but not an animal. A deductible applies and then insurance will cover the remainder.

Collision coverage protects against things such as colliding with a tree, sideswiping another vehicle, sustaining damage from a pot hole, driving through your garage door and hitting a parking meter. This coverage can be expensive, so analyze the benefit of dropping coverage from lower value vehicles. Drivers also have the option to increase the deductible in order to get cheaper collision rates.

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage provides protection from other motorists when they either have no liability insurance or not enough. It can pay for hospital bills for your injuries and also any damage incurred to your 2000 Honda CR-V.

Since a lot of drivers carry very low liability coverage limits, their limits can quickly be used up. This is the reason having UM/UIM coverage is a good idea. Usually these limits do not exceed the liability coverage limits.

Liability coverage

Liability insurance protects you from injuries or damage you cause to other people or property that is your fault. It protects YOU against other people’s claims, and does not provide coverage for your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see limits of 100/300/100 that translate to a $100,000 limit per person for injuries, $300,000 for the entire accident, and property damage coverage for $100,000. Some companies may use one limit called combined single limit (CSL) which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability coverage protects against claims such as repair bills for other people’s vehicles, medical services, legal defense fees, loss of income and funeral expenses. How much liability coverage do you need? That is your choice, but consider buying higher limits if possible.

Comprehensive insurance

Comprehensive insurance covers damage OTHER than collision with another vehicle or object. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things like damage from a tornado or hurricane, falling objects, damage from getting keyed and vandalism. The maximum payout you can receive from a comprehensive claim is the market value of your vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance reimburse you for expenses for things like hospital visits, funeral costs and rehabilitation expenses. They can be used to fill the gap from your health insurance plan or if you lack health insurance entirely. Medical payments and PIP cover both the driver and occupants and will also cover any family member struck as a pedestrian. Personal injury protection coverage is not an option in every state and may carry a deductible

You can do this!

Insureds who switch companies do it for any number of reasons including poor customer service, policy cancellation, being labeled a high risk driver or denial of a claim. No matter why you want to switch, choosing a new insurance company can be easier than you think.

Budget-conscious 2000 Honda CR-V insurance is attainable on the web as well as from independent agents, so you should be comparing quotes from both to get a complete price analysis. Some insurance companies don’t offer the ability to get a quote online and these smaller companies work with independent agents.

When you buy insurance online, it’s a bad idea to buy lower coverage limits just to save a few bucks. There have been many situations where an insured cut liability coverage limits only to discover later they didn’t purchase enough coverage. The ultimate goal is to purchase a proper amount of coverage for the lowest price while still protecting your assets.

More detailed insurance information is located at these sites: