How Much Does 2007 Honda CR-V Insurance Cost?

Want the cheapest car insurance rates for your Honda CR-V? Finding more affordable premium rates on car insurance is always hard for beginners to comparing prices online. Consumers have so many agents and companies to choose from that it can easily turn into a real challenge to locate the lowest price.

Consumers should take time to price shop coverage occasionally because prices are rarely the same from one policy term to another. Even if you think you had the lowest price for CR-V coverage six months ago the chances are good that you can find a lower rate quote today. You’ll find quite a bit of inaccurate information about car insurance online, but in a few minutes you can learn some of the best ways to stop overpaying for insurance.

Cut insurance costs with these tips

Lots of things are taken into consideration when premium rates are determined. Some factors are common sense such as your driving record, but some are more obscure such as your marital status or your vehicle rating.

The list below includes some of the things companies use to determine rates.

• Raise deductibles and save – Comprehensive and collision coverage deductibles are the amount of money you are required to pay before a claim is paid by your company. Insurance for physical damage, aka comp and collision, is used to repair damage to your car. Some examples of claims that would be covered are a windshield broken by a bird, hail damage, and having a roll-over accident. The higher the amount you’re willing to pay, the lower your rates will be for CR-V coverage.
• Avoid unnecessary incidental coverages – There are a lot of extra bells and whistles you can purchase on your CR-V policy. Insurance for things like vanishing deductibles, towing coverage, and additional equipment coverage could be just wasting money. You may think they are a good idea when talking to your agent, but if you’ve never needed them in the past get rid of them and save.
• Vehicle theft costs us all – Purchasing a vehicle with a theft deterrent system can get you a discount on your auto insurance. Advanced theft deterrents such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all help stop auto theft and help lower rates.
• Liability coverage risk factors in – Your policy’s liability coverage is the protection when a court rules you are at fault for physical damage or personal injury to other. It provides you with a defense in court to attempt to prove you were not liable. This coverage is very inexpensive compared to other policy coverages, so drivers should carry high limits.

Which insurance coverage is cheapest?

There are a lot of ways to compare insurance coverage quotes, but some are less time-consuming than others. You could spend your day driving to agents in your area, or you can utilize the internet to maximize your effort.

The majority of car insurance companies belong to a marketplace where insurance shoppers complete one form, and at least one company can give them a price. This eliminates the need for form submissions for each company you want a rate for.

To submit your quote information now, click here to start a free quote.

The one downside to doing it this way is you cannot specify which providers to receive prices from. So if you prefer to choose specific providers to request quotes from, we have assembled a list of low cost insurance coverage companies in your area. View list of insurance companies.

You can use whichever method you prefer to find lower rates, just be sure to compare identical coverages for each price quote. If the quotes have different liability limits it will be next to impossible to determine which company has the best rates. Having just a slight variation in limits could skew the results. It’s important to know that quoting more increases your odds of finding a better price. Some regional insurers cannot provide quotes online, so it’s necessary to compare prices from the smaller companies as well.

These discounts can reduce insurance coverage rates

Car insurance is not cheap, but companies offer discounts that many consumers don’t even know exist. A few discounts will be applied when you complete an application, but some need to be specially asked for prior to receiving the credit.

• Discount for Passive Restraints – Vehicles equipped with air bags and/or automatic seat belt systems can receive discounts as much as 30%.
• Resident Student – College-age children living away from home attending college and won’t have access to an insured vehicle could qualify for this discount.
• Defensive Driver Discounts – Taking part in a course teaching safe driver skills is a good idea and can lower rates if you qualify.
• Anti-lock Brake Discount – Vehicles with ABS braking systems or traction control prevent accidents and earn discounts up to 10%.
• Telematics Discount – Drivers who elect to allow their insurance coverage company to analyze driving habits by installing a telematics device like Drivewise from Allstate or In-Drive from State Farm could save a few bucks as long as they are good drivers.
• Buy New and Save – Buying insurance coverage on a new vehicle can be considerably cheaper due to better safety requirements for newer vehicles.
• Discount for Multiple Policies – When you have multiple policies and insure them both with the same insurance company you could save at least 10% off all policies.

Discounts reduce rates, but you should keep in mind that some of the credits will not apply to all coverage premiums. Some only apply to the cost of specific coverages such as physical damage coverage or medical payments. Even though the math looks like you could get a free insurance coverage policy, companies wouldn’t make money that way.

A list of companies and a partial list of their discounts are included below.

• State Farm offers premium reductions for multiple policy, defensive driving training, student away at school, multiple autos, Steer Clear safe driver discount, driver’s education, and accident-free.
• Nationwide offers discounts for Farm Bureau membership, defensive driving, accident-free, family plan, anti-theft, and good student.
• Geico has discounts for emergency military deployment, anti-theft, air bags, good student, federal employee, defensive driver, and multi-vehicle.
• AAA discounts include good student, multi-policy, pay-in-full, AAA membership discount, and good driver.
• 21st Century has savings for 55 and older, defensive driver, air bags, homeowners, and early bird.
• The Hartford includes discounts for driver training, vehicle fuel type, anti-theft, good student, defensive driver, and bundle.

It’s a good idea to ask each company what discounts are available to you. Some credits may not be available in your state. If you would like to choose from a list of companies that have a full spectrum of discounts, click here.

When do I need an agent’s advice?

When it comes to buying the right insurance coverage for your personal vehicles, there isn’t really a cookie cutter policy. Everyone’s needs are different.

For example, these questions can aid in determining whether your personal situation would benefit from an agent’s advice.

• When should my teen driver be added to my policy?
• Is my dog or cat covered if injured in an accident?
• When should I buy a commercial auto policy?
• Do I need special endorsements for business use of my vehicle?
• Should I buy only the required minimum liability coverage?
• How high should my uninsured/underinsured coverage be in my state?
• When would I need rental car insurance?
• Do I pay less for low miles?
• Are rock chip repairs covered?
• Should I file a claim if it’s only slightly more than my deductible?

If you’re not sure about those questions but one or more may apply to you then you might want to talk to an insurance agent. To find an agent in your area, take a second and complete this form.

Educate yourself about insurance coverages

Understanding the coverages of your insurance policy can help you determine which coverages you need and proper limits and deductibles. The coverage terms in a policy can be ambiguous and even agents have difficulty translating policy wording.

Collision protection

Collision coverage pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims like rolling your car, sustaining damage from a pot hole and driving through your garage door. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are 8 years or older. It’s also possible to raise the deductible to save money on collision insurance.

UM/UIM (Uninsured/Underinsured Motorist) coverage

This protects you and your vehicle from other motorists when they do not carry enough liability coverage. This coverage pays for injuries sustained by your vehicle’s occupants as well as damage to your Honda CR-V.

Since a lot of drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is very important.

Comprehensive auto coverage

Comprehensive insurance pays to fix your vehicle from damage from a wide range of events other than collision. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things such as fire damage, damage from flooding, hitting a deer, hail damage and a tree branch falling on your vehicle. The highest amount your insurance company will pay is the cash value of the vehicle, so if the vehicle’s value is low consider dropping full coverage.

Liability car insurance

This coverage can cover injuries or damage you cause to other people or property in an accident. This coverage protects you from legal claims by others, and does not provide coverage for damage sustained by your vehicle 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. Your policy might show limits of 50/100/50 which stand for a limit of $50,000 per injured person, a total of $100,000 of bodily injury coverage per accident, and property damage coverage for $50,000.

Liability can pay for claims like bail bonds, legal defense fees, medical expenses and funeral expenses. How much coverage you buy is a decision to put some thought into, but consider buying as much as you can afford.

Medical payments and PIP coverage

Med pay and PIP coverage reimburse you for bills for ambulance fees, prosthetic devices, EMT expenses, X-ray expenses and funeral costs. They can be utilized in addition to your health insurance policy or if you lack health insurance entirely. Medical payments and PIP cover both the driver and occupants in addition to any family member struck as a pedestrian. PIP is not an option in every state but it provides additional coverages not offered by medical payments coverage

Power to the consumer

Cost effective 2007 Honda CR-V insurance can be sourced from both online companies in addition to local insurance agencies, and you should compare rates from both so you have a total pricing picture. There are still a few companies who don’t offer internet price quotes and many times these regional carriers work with local independent agents.

People switch companies for a variety of reasons including unfair underwriting practices, questionable increases in premium, lack of trust in their agent and even not issuing a premium refund. Regardless of your reason for switching companies, finding a new insurance company is not as hard as you think.

You just read a lot of tips how to compare 2007 Honda CR-V insurance car insurance rates online. The most important thing to understand is the more quotes you get, the more likely it is that you will get a better rate. You may be surprised to find that the lowest priced insurance comes from a small mutual company.

To learn more, link through to the resources below:

• What does Personal Injury Protection (PIP) Cover? (Allstate)
• Who Has Cheap Virginia Beach Auto Insurance Rates for a Honda CR-V? (VBInsure.com)
• Who Has Cheap Car Insurance Quotes for a Honda CR-V in Jacksonville? (JacksonvilleCoverage.com)
• Vehicle Size and Weight FAQ (iihs.org)
• Air Bags: Potential Dangers to Your Children (Insurance Information Insitute)
• Things to Know Before you Cancel Insurance (Allstate)