Trying to find better auto insurance rates for your Honda HR-V? Expensive auto insurance can drain your bank account and force you to prioritize other expenses. Doing a price comparison is free, only takes a few minutes, and is a good way to lower your monthly bill. With so many companies and agents to choose from, it is very difficult to locate the lowest price insurance company.
There are a lot of ways you can shop for insurance but one way is less time-consuming than others. You can spend your afternoon talking to insurance companies in your area, or you could use online quoting to get pricing more quickly.
Many popular insurance companies participate in an industry program that allows shoppers to enter their policy data once, and each participating company returns a competitive quote. This system prevents you from having to do repetitive form submissions for each company you want a rate for.
To enter your information into the quoting system, click to open in new window.
The only drawback to comparing rates this way is buyers cannot specifically choose the providers to get pricing from. So if you prefer to pick specific providers to compare rates, we have assembled a list of the cheapest insurance companies in your area. Click here for list of insurance companies.
It’s up to you how you get prices quotes, just make absolute certain that you use exactly the same coverages on every quote you get. If you compare different limits and deductibles on each one it’s impossible to decipher which rate is best.
When buying adequate coverage, there isn’t really a single plan that fits everyone. Each situation is unique so your insurance should reflect that Here are some questions about coverages that can help discover whether or not you may require specific advice.
If you don’t know the answers to these questions but a few of them apply then you might want to talk to an insurance agent. To find an agent in your area, fill out this quick form or go to this page to view a list of companies. It’s fast, free and you can get the answers you need.
Learning about specific coverages of your policy helps when choosing the best coverages and proper limits and deductibles. Insurance terms can be confusing and reading a policy is terribly boring. Listed below are the usual coverages found on most insurance policies.
Med pay and Personal Injury Protection (PIP)
Medical payments and Personal Injury Protection insurance reimburse you for immediate expenses such as ambulance fees, rehabilitation expenses and hospital visits. The coverages can be utilized in addition to your health insurance policy or if you are not covered by health insurance. It covers you and your occupants in addition to any family member struck as a pedestrian. Personal injury protection coverage is not universally available but can be used in place of medical payments coverage
Uninsured/Underinsured Motorist (UM/UIM)
Uninsured or Underinsured Motorist coverage gives you protection from other drivers when they either have no liability insurance or not enough. It can pay for injuries to you and your family and also any damage incurred to your Honda HR-V.
Since a lot of drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.
Auto liability insurance
This can cover damage or injury you incur to a person or their property that is your fault. This insurance protects YOU from legal claims by others. It does not cover damage to your own property or vehicle.
Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You commonly see liability limits of 100/300/100 that means you have $100,000 bodily injury coverage, a per accident bodily injury limit of $300,000, and a total limit of $100,000 for damage to vehicles and property.
Liability insurance covers claims like funeral expenses, medical services, attorney fees and bail bonds. How much coverage you buy is a decision to put some thought into, but consider buying as much as you can afford.
Collision protection
This covers damage to your HR-V from colliding with an object or car. You have to pay a deductible then the remaining damage will be paid by your insurance company.
Collision insurance covers claims like colliding with another moving vehicle, hitting a parking meter, crashing into a ditch and colliding with a tree. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are 8 years or older. You can also raise the deductible to bring the cost down.
Comprehensive insurance
This coverage pays for damage from a wide range of events other than collision. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage pays for claims like a broken windshield, vandalism, damage from a tornado or hurricane, damage from getting keyed and theft. The maximum amount a insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.