2006 Honda CR-V Insurance Cost – 8 Tricks for Best Prices

Want the cheapest auto insurance rates for your Honda CR-V? Are you sick and tired of not being able to scrape enough together to make your auto insurance payment? You are in the same boat as many other drivers. Many insurance companies vie for your hard-earned dollar, and it can be difficult to compare rates and uncover the absolute lowest rate

Consumers need to quote other rates on a regular basis because auto insurance prices are variable and change quite frequently. Even if you think you had the lowest rates for CR-V coverage a few years ago other companies may now be cheaper. Ignore everything you know about auto insurance because you’re about to find out the proper way to get good coverage at a lower rate.

Slash your car insurance rates with these eight discounts

Car insurance is not cheap, but companies offer discounts to reduce the price significantly. Some discounts apply automatically at the time of quoting, but some must be specifically requested prior to receiving the credit.

• Military Discounts – Being deployed in the military may qualify for rate reductions.
• Payment Discounts – By making one initial payment rather than paying in monthly installments you can actually save on your bill.
• Claim-Free Discount – Drivers with accident-free driving histories pay less in comparison with drivers who are more careless.
• E-sign – Some larger companies give back up to $50 just for signing your application on the internet.
• Safety Restraint Discount – Buckling up and requiring all passengers to use a seat belt could cut 10% or more off the personal injury premium cost.
• Senior Citizen Rates – Drivers over the age of 55 may qualify for better car insurance rates for CR-V coverage.
• Distant College Student Discount – Youth drivers who live away from home at college and won’t have access to an insured vehicle can receive lower rates.
• Theft Deterent – Cars, trucks, and SUVs that have factory anti-theft systems can help prevent theft and can earn a small discount on your policy.

Consumers should know that most credits do not apply the the whole policy. Some only apply to specific coverage prices like physical damage coverage or medical payments. Even though the math looks like having all the discounts means you get insurance for free, you’re out of luck.

If you would like to choose from a list of car insurance companies who offer online car insurance quotes, click this link.

Can you really save $452 a year?

Consumers constantly see and hear ads that promise big savings by companies like State Farm and Allstate. They all seem to make an identical promise that people will save just by moving your coverage to them.

How is it possible that every company can charge less that you’re paying now?

Different companies are able to cherry pick for the right customer that earns them the most money. For example, a desirable risk could be between the ages of 30 and 50, insures multiple vehicles, and drives newer vehicles. Any person who meets those qualifications will get a cheap rate quote and will save when they switch companies.

Drivers who don’t qualify for those criteria will get higher premiums and ends up with the prospect going elsewhere. If you listen to the ad wording, they say “people that switch” not “everyone that quotes” save that much when switching. This is how insurance companies can state the savings. Each company has different criteria, so you should compare price quotes frequently. It’s impossible to know the company that will have the best car insurance rates at this point in time.

You are unique and your car insurance should be too

When choosing coverage, there is no one size fits all plan. Every situation is different so this has to be addressed. For instance, these questions could help you determine if you could use an agent’s help.

• Is my 2006 Honda CR-V covered for smoke damage?
• What if I don’t agree with a claim settlement offer?
• Is motorclub coverage worth it?
• Is extra glass coverage worth it?
• Do I need added coverage for expensive stereo equipment?
• Why is insurance for a teen driver so high?
• Can I still get insurance after a DUI?
• Are my tools covered if they get stolen from my vehicle?
• Why do I only qualify for high-risk insurance?

If it’s difficult to answer those questions but you think they might apply to your situation, then you may want to think about 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 only takes a few minutes and you can get the answers you need.

Car insurance coverage breakdown

Having a good grasp of car insurance can be of help when determining appropriate coverage at the best deductibles and correct limits. Policy terminology can be impossible to understand and nobody wants to actually read their policy. Shown next are the usual coverages available from car insurance companies.

Comprehensive insurance

Comprehensive insurance will pay to fix damage from a wide range of events other than collision. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims such as damage from flooding, falling objects and vandalism. The most you can receive from a comprehensive claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Uninsured/Underinsured Motorist (UM/UIM)

Your UM/UIM coverage protects you and your vehicle’s occupants from other motorists when they are uninsured or don’t have enough coverage. This coverage pays for injuries to you and your family as well as your vehicle’s damage.

Due to the fact that many drivers only carry the minimum required liability limits, their limits can quickly be used up. So UM/UIM coverage should not be overlooked.

Liability car insurance

This will cover damage or injury you incur to a person or their property in an accident. It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see values of 25/50/25 that translate to $25,000 bodily injury coverage, a per accident bodily injury limit of $50,000, and property damage coverage for $25,000.

Liability coverage pays for things like pain and suffering, medical services, emergency aid and attorney fees. The amount of liability coverage you purchase is your choice, but you should buy as large an amount as possible.

Auto collision coverage

This pays for damage to your CR-V resulting from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims like scraping a guard rail, damaging your car on a curb and hitting a parking meter. This coverage can be expensive, so consider removing coverage from vehicles that are 8 years or older. It’s also possible to raise the deductible to bring the cost down.

Med pay and Personal Injury Protection (PIP)

Personal Injury Protection (PIP) and medical payments coverage provide coverage for short-term medical expenses for ambulance fees, pain medications, X-ray expenses, nursing services and surgery. They are often used in conjunction with a health insurance plan or if there is no health insurance coverage. It covers not only the driver but also the vehicle occupants as well as getting struck while a pedestrian. PIP is not available in all states but it provides additional coverages not offered by medical payments coverage

A tidy conclusion

You just read many ways to lower your 2006 Honda CR-V insurance rates. It’s most important to understand that the more providers you compare, the better your chances of lowering your car insurance rates. You may be surprised to find that the most savings is with some of the lesser-known companies. These companies may have significantly lower car insurance rates on certain market segments than the large multi-state companies such as Allstate and Progressive.

Cheaper auto insurance can be found both online and from local agencies, so you should compare both to have the best chance of lowering rates. A few companies may not have internet price quotes and most of the time these smaller providers prefer to sell through independent insurance agents.

To read more, feel free to visit these articles:

• Medical Payments Coverage (Liberty Mutual)
• Who Has Cheap Auto Insurance for a Honda CR-V in San Diego? (SanDiegoCoverage.com)
• No-Fault Auto Insurance Statistics (Insurance Information Insitute)
• Teen Driving and Texting (State Farm)
• Determing Auto Insurance Rates (Geico)