Compare 2011 Honda CR-Z Car Insurance Rates

Expensive auto insurance can take a big chunk out of your savings account and make it hard to pay other bills. Shopping your coverage around is free, only takes a few minutes, and is a good way to lower your monthly bill.

Drivers have so many insurance companies to choose from, and although it’s a good thing to have a choice, it can be more challenging to find a good deal.

It’s a good habit to price shop coverage periodically since insurance rates change quite often. Despite the fact that you may have had the best deal on CR-Z coverage last year there is a good chance you can find better rates now. Starting right now, ignore everything you know about auto insurance because we’re going to show you one of the best ways to lower your annual insurance bill.

Buying car insurance is easy if you know what you’re doing. If you have car insurance now, you will be able to save some money using these techniques. Although car owners must understand how companies price online insurance because it can help you find the best coverage.

The easiest way to compare rate quotes takes advantage of the fact most of the bigger providers will pay a fee to give free rates quotes. The only thing you need to do is give them some information such as daily mileage, how old drivers are, if it has an anti-theft system, and if you went to college. That rating data gets transmitted to many of the top insurers and they return rate quotes instantly.

Companies offer discounts so take them!

Companies that sell car insurance do not advertise every available discount very clearly, so we took the time to find some of the best known and the more hidden insurance coverage savings.

  • No Accidents – Drivers with accident-free driving histories can save substantially when compared with frequent claim filers.
  • Low Mileage Discounts – Keeping the miles down on your Honda can earn a substantially lower rate.
  • Pay Upfront and Save – By paying your policy upfront instead of monthly or quarterly installments you can actually save on your bill.
  • Anti-lock Brake System – Cars that have steering control and anti-lock brakes prevent accidents and therefore earn up to a 10% discount.
  • Drivers Ed for Students – Make teen driver coverage more affordable by requiring them to enroll in driver’s education in school.
  • Multi-policy Discount – If you insure your home and vehicles with one insurance company you will save 10% to 20% off each policy.
  • Life Insurance – Companies who offer life insurance give better rates if you take out auto and life insurance together.
  • Safe Drivers – Drivers who avoid accidents may receive a discount up to 45% less on CR-Z coverage than their less cautious counterparts.

Consumers should know that some credits don’t apply to your bottom line cost. Most cut the cost of specific coverages such as collision or personal injury protection. Just because you may think all those discounts means the company will pay you, insurance coverage companies aren’t that generous.

For a list of insurance companies with the best insurance coverage discounts, follow this link.

Do I just need basic coverages?

When it comes to buying coverage, there really is not a perfect coverage plan. Everyone’s situation is a little different so your insurance needs to address that. Here are some questions about coverages that might help in determining whether you could use an agent’s help.

  • Do I need replacement cost coverage?
  • Do I need motorclub coverage?
  • Do I pay less for low miles?
  • Does my policy cover my teen driver if they drive my company car?
  • Is my ex-spouse still covered by my policy?
  • How does medical payments coverage work?
  • Should I waive the damage coverage when renting a car?
  • What is the rate difference between pleasure use and commuting?
  • Should I have combined single limit or split liability limits?

If you’re not sure about those questions but a few of them apply, you may need to chat with an insurance agent. To find lower rates from a local agent, fill out this quick form or go to this page to view a list of companies.

Auto insurance 101

Having a good grasp of your insurance policy aids in choosing the best coverages and proper limits and deductibles. The coverage terms in a policy can be difficult to understand and reading a policy is terribly boring. These are typical coverage types found on the average insurance policy.

Medical costs insurance

Personal Injury Protection (PIP) and medical payments coverage pay for bills for rehabilitation expenses, pain medications, X-ray expenses, chiropractic care and hospital visits. They are often used to fill the gap from your health insurance program or if there is no health insurance coverage. Coverage applies to not only the driver but also the vehicle occupants in addition to being hit by a car walking across the street. Personal Injury Protection is only offered in select states and gives slightly broader coverage than med pay

UM/UIM Coverage

This protects you and your vehicle when the “other guys” do not carry enough liability coverage. It can pay for injuries sustained by your vehicle’s occupants as well as damage to your Honda CR-Z.

Since many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is important protection for you and your family.

Collision protection

Collision coverage covers damage to your CR-Z resulting from a collision with an object or car. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage pays for things such as crashing into a ditch, rolling your car, hitting a mailbox and backing into a parked car. This coverage can be expensive, so consider dropping it from older vehicles. Another option is to choose a higher deductible to bring the cost down.

Liability coverage

Liability coverage protects you from damages or injuries you inflict on a person or their property by causing an accident. It protects YOU against claims from other people. It does not cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see policy limits of 25/50/25 which stand for $25,000 bodily injury coverage, $50,000 for the entire accident, and a limit of $25,000 paid for damaged property.

Liability coverage protects against things such as emergency aid, repair bills for other people’s vehicles and court costs. How much liability coverage do you need? That is your choice, but buy as much as you can afford.

Comprehensive or Other Than Collision

This pays to fix your vehicle from damage from a wide range of events other than collision. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims such as vandalism, fire damage, hitting a bird and a tree branch falling on your vehicle. The most a insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.