View 1998 Honda CR-V Insurance Cost

Consumers have a choice when looking for affordable Honda CR-V insurance. They can either waste time driving around trying to get quotes or use the internet to make rate comparisons. There is a right way and a wrong way to find insurance online so you’re going to learn the absolute fastest way to quote coverages for a new or used Honda and find the best price possible.

It’s smart to shop coverage around before your policy renews since insurance rates fluctuate regularly. Even if you think you had the lowest premium rates for CR-V coverage on your last policy a different company probably has better prices today. Forget anything you know (or think you know) about insurance because we’re going to demonstrate the easiest way to reduce your cost while improving coverage.

Use discounts on auto insurance

Auto insurance companies don’t list all disounts in an easy-to-find place, so the list below details both well-publicized as well as some of the hidden credits available to you. If you check and find you aren’t receiving every discount you qualify for, you’re paying more than you need to.

• Onboard Data Collection – Insureds who allow driving data collection to look at their driving habits by using a small device installed in their vehicle such as Progressive’s Snapshot and State Farm’s In-Drive might get better premium rates as long as the data is positive.
• Good Student Discount – Performing well in school can get you a discount of up to 25%. You can use this discount normally well after school through age 25.
• Federal Employees – Employees or retirees of the government may reduce rates when you quote insurance coverage for CR-V coverage with select insurance companies.
• No Claims – Insureds who avoid accidents and claims can save substantially in comparison to insureds who have frequent claims or accidents.
• One Accident Forgiven – This one isn’t a discount, but some companies like State Farm and Geico will turn a blind eye to one accident before they charge you more for coverage so long as you are claim-free prior to being involved in the accident.
• Auto/Life Discount – Some insurance companies give a break if you buy some life insurance too.
• Save with a New Car – Buying a new car model is cheaper because newer vehicles have to meet stringent safety requirements.

Please keep in mind that some of the credits will not apply the the whole policy. Most cut specific coverage prices like comprehensive or collision. So even though you would think you can get free auto insurance, companies wouldn’t make money that way.

If you would like to see a list of providers with the best discounts, click here.

Why you might pay increased rates

Many factors are used in the calculation when you quote your car insurance policy. Some factors are common sense like your driving record, but others are more obscure like where you live or how safe your car is.

• Eliminate unneeded add-on coverages – Insurance policies have a lot of additional extra coverages that can waste your money on your CR-V policy. Coverages for vanishing deductibles, accidental death, and extra equipment coverage are probably not needed. The coverages may be enticing when you first buy your policy, but if you’ve never needed them in the past eliminate them to save money.
• Safer occupants lowers premiums – Vehicles with high crash test scores tend to have lower insurance rates. Highly rated vehicles have better occupant injury protection and any reduction in injury severity translates directly to fewer claims which can mean better rates for you.
• Low comp and collision deductibles mean high premiums – Deductibles for physical damage state the amount of money you are required to spend out-of-pocket if a covered claim is submitted. Insurance for physical damage to your car, commonly called comprehensive (or other-than-collision) and collision coverage, insures against damage to your car. A few examples of covered claims could be collision with another vehicle, fire damage, and having a roll-over accident. The more money the insured has to pay upfront, the bigger discount you will receive for CR-V coverage.
• Liability is critical – Your insurance policy’s liability coverage provides coverage in the event that a court rules you are at fault for an accident. It will provide you with a defense in court which can cost thousands of dollars. It is affordable coverage as compared to coverage for physical damage, so drivers should buy more than the minimum limits required by law.
• Do you have a high stress occupation? – Jobs such as judgesairline pilots and dentists usually pay the highest average rates because of intense work requirements and long work hours. On the other hand, occupations such as scientists, athletes and performers receive lower rates for CR-V coverage.
• Are you male or female? – Over the last 30 years, statistics show females are less aggressive when driving. This data doesn’t prove that males are worse at driving than females. Females and males cause auto accidents in similar numbers, but men cause more damage. Men also have more aggressive citations like DUI and reckless driving.
• Bundle home and auto and save – Most insurance companies afford better rates to clients who carry more than one policy in the form of a multi-policy discount. This can amount to ten or even up to twenty percent in some cases. Even with this discount, you still need to shop around to confirm you are receiving the best rates possible.
• Reserve insurance claims for larger damages – If you are a frequent claim filer, you can pretty much guarantee higher premiums or even policy non-renewal. Auto insurance companies award the lowest premiums to policyholders who only file infrequent claims. Your car insurance is meant to be used in the event of claims that you cannot pay yourself.

Tailor your car insurance coverage to you

When it comes to choosing the right insurance coverage, there really is not a cookie cutter policy. Everyone’s situation is unique.

For instance, these questions can help discover if your insurance needs could use an agent’s help.

• Do I need PIP (personal injury protection) coverage in my state?
• I have health insurance so do I need medical payments coverage?
• When can my company non-renew my policy?
• Do I have coverage when pulling a U-Haul trailer?
• Why is insurance for a teen driver so high?
• Do I need replacement cost coverage?
• Which companies will insure high-risk drivers?
• Am I better off with higher deductibles on my 1998 Honda CR-V?

If you’re not sure about those questions, then you may want to think about talking to a licensed agent. If you don’t have a local agent, simply complete this short form. It only takes a few minutes and may give you better protection.

Educate yourself about insurance coverages

Knowing the specifics of your policy can help you determine which coverages you need for your vehicles. The terms used in a policy can be ambiguous and even agents have difficulty translating policy wording.

Auto liability

This protects you from damages or injuries you inflict on other people or property. It protects YOU from legal claims by others, and doesn’t cover damage to your own property or vehicle.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see limits of 50/100/50 which stand for $50,000 bodily injury coverage, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property.

Liability insurance covers claims such as attorney fees, bail bonds and medical services. How much coverage you buy is a decision to put some thought into, but consider buying as large an amount as possible.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance reimburse you for expenses for things like chiropractic care, X-ray expenses and hospital visits. They are often used in conjunction with a health insurance policy or if you are not covered by health insurance. They cover you and your occupants and also covers being hit by a car walking across the street. PIP is not an option in every state and may carry a deductible

Uninsured/Underinsured Motorist (UM/UIM)

This protects you and your vehicle from other drivers when they do not carry enough liability coverage. Covered losses include injuries sustained by your vehicle’s occupants and damage to your 1998 Honda CR-V.

Since many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages should not be overlooked.

Comprehensive insurance

Comprehensive insurance pays to fix your vehicle from damage OTHER than collision with another vehicle or object. A deductible will apply then your comprehensive coverage will pay.

Comprehensive can pay for claims such as damage from a tornado or hurricane, hitting a bird and hitting a deer. The maximum amount you’ll receive from a claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Collision insurance

Collision insurance will pay to fix damage to your CR-V resulting from a collision with another vehicle or an object, but not an animal. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for things like hitting a mailbox, hitting a parking meter and colliding with a tree. Collision is rather expensive coverage, so you might think about dropping it from older vehicles. You can also choose a higher deductible in order to get cheaper collision rates.

The best insurance company isn’t always the cheapest

As you prepare to switch companies, you should never reduce coverage to reduce premium. There are many occasions where someone dropped comprehensive coverage or liability limits and discovered at claim time that they should have had better coverage. Your strategy should be to buy a smart amount of coverage for the lowest price, but do not sacrifice coverage to save money.

We just covered quite a bit of information on how to compare 1998 Honda CR-V insurance premium rates online. The key concept to understand is the more rate quotes you have, the better your chances of lowering your prices. Consumers may even find the most savings is with a smaller regional carrier.

People who switch companies do it for many reasons like high prices, an unsatisfactory settlement offer, being labeled a high risk driver or questionable increases in premium. No matter why you want to switch, switching car insurance companies is pretty easy and you might even save some money in the process.

Much more information about car insurance can be read below:

• No-Fault Auto Insurance Statistics (Insurance Information Insitute)
• Who Has Affordable Milwaukee Auto Insurance Quotes for a Honda CR-V? (MilwaukeeInsure.com)
• Who Has Affordable Auto Insurance for a Honda CR-V in Nashville? (NashvilleInsure.com)
• Rental Car Insurance Tips (Insurance Information Insitute)
• Tread Depth and Tire Safety (State Farm)
• Think You’re a Safe Driver? (State Farm)
• Parking Tips to Reduce Door Dings (State Farm)
• Auto Insurance Learning Center (State Farm)