Cheap 2001 Honda CR-V Insurance Quotes

Are you sick and tired of trying to scrape together enough money to pay car insurance each month? You are in the same boat as many other drivers. With so many car insurance companies to choose from, it can be challenging to find the most affordable car insurance provider.

You should take the time to price shop coverage before your next renewal due to the fact that insurance prices change frequently. Despite the fact that you may have had the best rates on CR-V coverage on your last policy the chances are good that you can find a lower rate quote today. You’ll find a ton of advice on car insurance on the internet, but in a few minutes you can learn some guaranteed methods to put money back in your pocket.

The best way to get rate comparisons is to take advantage of the fact most of the larger companies participate in online systems to quote your coverage. All consumers are required to do is provide information such as the year, make and model of vehicles, if you’re married, what your job is, and if a SR-22 is needed. Your rating data is instantly provided to many highly-rated insurers and they provide comparison quotes instantly to find the best rate.

To compare rates for your car now, click here and enter your zip code.

Discounts for cheap insurance quotes

Some providers don’t always advertise all disounts in an easy-to-find place, so the list below details a few of the more well known in addition to some of the lesser obvious discounts that may be available.

• Claim-Free Discount – Claim-free drivers can earn big discounts compared to frequent claim filers.
• Senior Discount – Mature drivers are able to get a small decrease in premiums on CR-V coverage.
• Federal Employees – Active or retired federal employment can save as much as 8% on CR-V coverage with select insurance companies.
• Save with More Vehicles Insured – Having all your vehicles on one policy can get a discount on all vehicles.
• Anti-lock Brake System – Cars, trucks, and SUVs with ABS braking systems or traction control can avoid accidents and will save you 10% or more.
• Accident Forgiveness – Not necessarily a discount, but companies like Progressive, State Farm and Geico will let one accident slide before your rates go up if you have no claims prior to the accident.
• Discount for New Cars – Adding a new car to your policy can save you some money due to better safety requirements for newer vehicles.
• Discount for Good Grades – Performing well in school could provide a savings of up to 20% or more. The discount lasts up until you turn 25.
• Distant Student – Any of your kids who are attending college and leave their car at home may be insured at a cheaper rate.

You should keep in mind that most discount credits are not given to your bottom line cost. Most cut individual premiums such as medical payments or collision. So even though it sounds like having all the discounts means you get insurance for free, it just doesn’t work that way.

A few popular companies and some of the premium reductions they offer are:

• Geico may include discounts for good student, membership and employees, daytime running lights, five-year accident-free, and seat belt use.
• MetLife includes discounts for defensive driver, claim-free, accident-free, good driver, good student, and multi-policy.
• Progressive offers discounts including good student, online signing, multi-policy, online quote discount, and continuous coverage.
• Travelers offers premium reductions for IntelliDrive, driver training, multi-car, new car, multi-policy, and student away at school.
• SAFECO has savings for multi-car, anti-theft, drive less, bundle discounts, and homeowner.
• AAA discounts include AAA membership discount, anti-theft, multi-car, good driver, and education and occupation.

Before you buy a policy, ask all the companies which discounts you may be entitled to. Some of the earlier mentioned discounts might not apply in every state. If you would like to see a list of insurance companies with the best discounts, follow this link.

How your CR-V insurance rates are determined

Many different elements are used in the calculation when premium rates are determined. Most are fairly basic such as your driving history, although others are less obvious like your vehicle usage or your vehicle rating.

• Rates for men may be higher – The statistics show females are less aggressive when driving. It does not mean men are WORSE drivers than women. Both genders are in auto accidents at about the same rate, but men have costlier accidents. In addition to higher claims, males also get ticketed for serious violations like driving under the influence (DUI). Young men ages 16 to 20 cause the most accidents and therefore have the most expensive car insurance rates.
• Never have car insurance policy lapses – Driving without insurance is illegal and companies may charge more for letting your insurance coverage expire. And not only will insurance be more expensive, being ticketed for driving with no insurance may result in fines or a revoked license.
• Know your vehicle’s crash test rating – Cars with five star safety ratings tend to be cheaper to insure. Safe vehicles reduce the chance of injuries and better occupant protection translates into savings for insurance companies and lower rates for you.
• Premiums are affected by your address – Choosing to live in a small town has it’s advantages if you are looking for the lowest rates. Residents of big cities tend to have more traffic problems and higher rates of accident claims. Fewer drivers on the road means fewer accidents in addition to fewer liability claims.
• Consider raising physical damage deductibles – Deductibles for physical damage define the amount you are required to spend in the event of a claim. Physical damage coverage, also called ‘full coverage’, insures against damage to your car. Examples of covered claims could be colliding with a stationary object, vandalism, and damage caused by road hazards. The more of the claim you pay before a claim is paid (deductible), the less money you will pay for car insurance on CR-V coverage.
• Teen drivers pay more – More experienced drivers tend to be more responsible, cause fewer claims and accidents , and are generally more financially stable.Inexperience drivers have a tendency to be less responsible behind the wheel so they pay higher car insurance rates.
• Lower annual miles equals lower premium – The higher the miles on your Honda annually the higher your rates will be. Most companies rate vehicles partially by how you use the vehicle. Vehicles that are left in the garage cost less to insure than those that get driven frequently. It’s always a good idea to double check that your car insurance policy is rated on the correct driver usage. Having the wrong rating on your CR-V may be costing you higher rates.
• Improve your credit history and save – Credit score is likely to be a major factor in determining what you pay for car insurance. Consumers who have very good credit scores tend to be better drivers and file fewer claims than those with poor credit. So if your credit is not that good, you may save money insuring your 2001 Honda CR-V if you improve your credit rating.

You may need specialized car insurance coverage

When it comes to buying the right insurance coverage, there really is no cookie cutter policy. Everyone’s situation is unique so this has to be addressed. Here are some questions about coverages that can aid in determining whether or not you would benefit from professional advice.

• Does my insurance cover my expensive audio equipment?
• Are my friends covered when driving my 2001 Honda CR-V?
• Why is insurance for a teen driver so high?
• Does coverage extend to a rental car in a foreign country?
• Should I carry comprehensive and collision coverage?
• When do I need to add a new car to my policy?
• Should I get collision insurance on every vehicle?
• Is business property covered if stolen from my car?

If you’re not sure about those questions, you might consider talking to a licensed insurance agent. If you don’t have a local agent, fill out this quick form or you can go here for a list of companies in your area. It’s fast, doesn’t cost anything and may give you better protection.

Auto insurance coverage breakdown

Learning about specific coverages of your auto insurance policy aids in choosing the best coverages for your vehicles. Auto insurance terms can be confusing and even agents have difficulty translating policy wording. Below you’ll find the usual coverages found on most auto insurance policies.

Collision coverage

This pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision insurance covers things such as crashing into a building, hitting a parking meter, damaging your car on a curb, driving through your garage door and scraping a guard rail. Collision is rather expensive coverage, so consider dropping it from vehicles that are older. You can also choose a higher deductible in order to get cheaper collision rates.

Insurance for medical payments

Med pay and PIP coverage pay for expenses for things like prosthetic devices, funeral costs, dental work and hospital visits. They are utilized in addition to your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover all vehicle occupants and also covers getting struck while a pedestrian. PIP coverage is only offered in select states and gives slightly broader coverage than med pay

Comprehensive coverage (or Other than Collision)

Comprehensive insurance pays to fix your vehicle from damage that is not covered by collision coverage. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things like falling objects, damage from a tornado or hurricane, theft and fire damage. The maximum amount you can receive from a comprehensive claim is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Auto liability insurance

This coverage can cover injuries or damage you cause to a person or their property. It protects YOU from claims by other people, and does not provide coverage for your injuries or vehicle damage.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show liability limits of 100/300/100 which means a limit of $100,000 per injured person, a limit of $300,000 in injury protection per accident, and property damage coverage for $100,000. Another option is a combined limit that pays claims from the same limit rather than limiting it on a per person basis.

Liability coverage pays for claims like bail bonds, pain and suffering and structural damage. The amount of liability coverage you purchase is a personal decision, but consider buying as large an amount as possible.

Uninsured Motorist or Underinsured Motorist insurance

This coverage protects you and your vehicle from other drivers when they either are underinsured or have no liability coverage at all. Covered claims include injuries sustained by your vehicle’s occupants and damage to your Honda CR-V.

Due to the fact that many drivers only carry the minimum required liability limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Frequently these coverages are similar to your liability insurance amounts.

Save your hard earned cash

We covered a lot of information how to shop for 2001 Honda CR-V insurance online. The most important thing to understand is the more price quotes you have, the higher your chance of finding cheap auto insurance. Consumers may even find the most savings is with a smaller regional carrier. Regional companies may only write in your state and offer lower premium rates as compared to the big name companies such as Allstate and Progressive.

Affordable 2001 Honda CR-V insurance can be bought online and also from your neighborhood agents, and you need to price shop both in order to have the best price selection to choose from. A few companies do not offer online price quotes and these regional insurance providers sell through independent agencies.

To read more, feel free to browse the resources below:

• Car Insurance FAQ (Trusted Choice)
• Who Has Cheap Car Insurance Quotes for a Honda CR-V in Baltimore? (BaltimoreAutoGuard.com)
• Winter Driving (Insurance Information Insitute)
• Reducing Your Risks in a Car Crash Video (iihs.org)
• Learn About Car Insurance (Geico)