Want cheaper auto insurance rates for your Honda CR-V? Nobody I know likes having to buy auto insurance, in particular when their premiums are too high. With so many options when it comes to auto insurance, it’s difficult to choose the lowest cost company.
This article will introduce you to the best way to quote coverages and some tips to save money. If you have car insurance now, you should be able to reduce your rates substantially using these techniques. Drivers just need to learn how to shop their coverage around over the internet.
An important part of buying insurance is that you know the factors that play a part in calculating the price you pay for auto insurance. Knowing what determines base rates empowers consumers to make smart changes that will entitle you to much lower annual insurance costs.
Shown below are some of the items used by your company to calculate prices.
All the larger insurance companies such as 21st Century, Allstate and State Farm provide prices online. The process is quite simple as you simply enter your coverage preferences into the quote form. Upon sending the form, their system requests your credit score and driving record and generates pricing information based on many factors. Online quotes makes comparing rates easy, but the time required to go to many different websites and enter the same data into a form can be a bit repetitive. But it’s absolutely necessary to compare as many rates as possible if you want to find lower prices.
The easiest way to get multiple rate quotes uses one simple form that gets prices from multiple companies. It’s a real time-saver, eliminates form submissions, and makes online price comparison much simpler. Immediately after submitting the form, it gets priced and you can select any one of the resulting price quotes.
If a lower price is quoted, you can simply submit the application and purchase coverage. This process just takes a couple of minutes and you will find out if you’re overpaying now.
To compare pricing, simply click here to open in new window and complete the simple form. If you have your current policy handy, we recommend you duplicate deductibles and limits identical to your current policy. This helps ensure you are getting rate quotes using the exact same coverages.
The price of auto insurance can be rather high, buy you may qualify for discounts that can drop the cost substantially. Larger premium reductions will be automatically applied when you get a quote, but a few must be manually applied prior to receiving the credit. If you aren’t receiving every discount you deserve, you’re just leaving money on the table.
As a disclaimer on discounts, some of the credits will not apply to the entire cost. Most only cut individual premiums such as physical damage coverage or medical payments. Even though it may seem like you can get free auto insurance, it doesn’t quite work that way. But all discounts will cut your overall premium however.
Companies who might offer these money-saving discounts are:
It’s a good idea to ask each company which discounts they offer. Some discounts might not be offered in your state.
When it comes to buying coverage for your personal vehicles, there really is no best way to insure your cars. Your needs are not the same as everyone else’s and your policy should reflect that. For example, these questions could help you determine whether you might need an agent’s assistance.
If you can’t answer these questions but you think they might apply to your situation, you might consider talking to a licensed agent. To find an agent in your area, complete this form or you can also visit this page to select a carrier It’s fast, free and you can get the answers you need.
Knowing the specifics of your car insurance policy helps when choosing the best coverages and the correct deductibles and limits. Car insurance terms can be confusing and nobody wants to actually read their policy. Shown next are typical coverages found on most car insurance policies.
Uninsured/Underinsured Motorist coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle from other drivers when they are uninsured or don’t have enough coverage. It can pay for hospital bills for your injuries and damage to your Honda CR-V.
Since a lot of drivers have only the minimum liability required by law, their limits can quickly be used up. This is the reason having UM/UIM coverage is a good idea. Usually your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.
Liability insurance – This coverage provides protection from damages or injuries you inflict on a person or their property that is your fault. It protects you from claims by other people, and doesn’t cover 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. Your policy might show values of 100/300/100 which means $100,000 in coverage for each person’s injuries, a limit of $300,000 in injury protection per accident, and $100,000 of coverage for damaged propery. Alternatively, you may have a combined single limit or CSL which limits claims to one amount rather than limiting it on a per person basis.
Liability coverage pays for things such as emergency aid, funeral expenses and pain and suffering. The amount of liability coverage you purchase is your choice, but you should buy as high a limit as you can afford.
Medical payments coverage and PIP – Personal Injury Protection (PIP) and medical payments coverage pay for bills for rehabilitation expenses, X-ray expenses, surgery, EMT expenses and chiropractic care. The coverages can be utilized in addition to your health insurance program or if there is no health insurance coverage. Coverage applies to you and your occupants as well as being hit by a car walking across the street. Personal Injury Protection is only offered in select states but can be used in place of medical payments coverage
Comprehensive coverage – This will pay to fix damage from a wide range of events other than collision. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive insurance covers claims like fire damage, rock chips in glass and hitting a bird. The maximum payout a car insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.
Collision – This coverage pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. You first must pay a deductible then your collision coverage will kick in.
Collision coverage pays for claims like rolling your car, driving through your garage door, colliding with a tree and hitting a mailbox. Paying for collision coverage can be pricey, so consider dropping it from lower value vehicles. Another option is to choose a higher deductible to bring the cost down.
When you buy insurance online, do not reduce needed coverages to save money. Too many times, consumers will sacrifice liability coverage limits only to find out that the few dollars in savings costed them thousands. The aim is to buy the best coverage you can find for the lowest price, not the least amount of coverage.
Cost effective 1997 Honda CR-V insurance is possible online and with local insurance agents, and you should compare price quotes from both in order to have the best price selection to choose from. There are still a few companies who do not offer the ability to get a quote online and these small, regional companies work with independent agents.
Much more information about insurance is located at the links below