Frustrated by the crazy number of insurance companies that you can choose from? You’re not alone. Vehicle owners have such a large number of options that it can quickly become a difficult challenge to compare insurance rates.
Insurance can cost an arm and a leg, but you may find discounts to cut the cost considerably. Many of these discounts will be applied automatically at the time of purchase, but a few must be asked for before they will apply.
Just know that some of the credits will not apply the the whole policy. Most only reduce individual premiums such as medical payments or collision. So even though they make it sound like adding up those discounts means a free policy, it doesn’t quite work that way. Any amount of discount will reduce the cost of coverage.
The best auto insurance companies and a selection of discounts include:
If you want inexpensive auto insurance quotes, ask all the companies to apply every possible discount. Discounts might not be available to policyholders everywhere. If you would like to view providers that have a full spectrum of discounts, click here to view.
The are a couple different ways to compare rate quotes from companies that offer insurance coverage in your state. The simplest method to find cheaper 2018 Honda CR-V rates consists of shopping online. This is very easy and can be done by using one of the methods below.
Hands down the most simple method consumers can make multiple comparisons is an all-inclusive rate comparison click to view form in new window. This form eliminates the need for repetitive form submissions to each individual insurance coverage company. One simple form compares rates instantly. Recommended for those who want to invest the least amount of time.
A harder way to obtain and compare quotes online is going to each company’s website to complete their respective quote request forms. For example, let’s assume you want to compare prices for Farmers, Allstate and Geico. To get rate quotes you would need to take the time to go to each site to enter your coverage information, which can get old fast. For a list of links to companies insuring cars in your area, click here.
The old school way to comparison shop is going to each insurance agency near you. The ability to get quotes online makes this process obsolete unless you want the professional assistance of a licensed agent. Some companies do allow you to get the lowest quotes online but purchase the actual policy in an agency.
Take whichever approach you prefer, but be certain you are entering the same coverage limits for each comparison quote. If each company quotes differing limits it’s not possible to find the best deal for your Honda CR-V. Just a small difference in coverages may cause a big price difference. Just keep in mind that comparing a large number of companies helps improve the odds of finding better pricing.
When buying coverage for your personal vehicles, there isn’t really a “perfect” insurance plan. Everyone’s situation is unique.
For example, these questions might point out if your insurance needs may require specific advice.
If you don’t know the answers to these questions but you know they apply to you, you may need to chat with an agent. To find lower rates from a local agent, complete this form.
Understanding the coverages of auto insurance can be of help when determining 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.
This pays for damage to your CR-V resulting from colliding with a stationary object or other vehicle. You will need to pay your deductible then your collision coverage will kick in.
Collision can pay for things such as colliding with a tree, sustaining damage from a pot hole, scraping a guard rail and backing into a parked car. Collision coverage makes up a good portion of your premium, so you might think about dropping it from lower value vehicles. Another option is to increase the deductible in order to get cheaper collision rates.
This coverage will pay to fix damage OTHER than collision with another vehicle or object. A deductible will apply then your comprehensive coverage will pay.
Comprehensive can pay for things such as hitting a bird, falling objects and theft. The maximum payout you can receive from a comprehensive claim is the actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.
Medical payments coverage and PIP
Med pay and PIP coverage pay for short-term medical expenses for things like nursing services, chiropractic care, pain medications, doctor visits and rehabilitation expenses. The coverages can be used in conjunction with a health insurance policy or if you are not covered by health insurance. It covers you and your occupants and will also cover being hit by a car walking across the street. PIP is only offered in select states but can be used in place of medical payments coverage
Liability car insurance
Liability insurance provides protection from damage that occurs to other’s property or people in an accident. This insurance protects YOU from legal claims by others. Liability doesn’t cover damage sustained by your vehicle in an accident.
Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see values of 50/100/50 which stand for a $50,000 limit per person for injuries, a total of $100,000 of bodily injury coverage per accident, and a limit of $50,000 paid for damaged property. Some companies may use one limit called combined single limit (CSL) which combines the three limits into one amount without having the split limit caps.
Liability insurance covers claims like bail bonds, legal defense fees and court costs. How much liability coverage do you need? That is your choice, but you should buy as much as you can afford.
Uninsured/Underinsured Motorist coverage
Your UM/UIM coverage gives you protection when the “other guys” are uninsured or don’t have enough coverage. It can pay for medical payments for you and your occupants as well as damage to your Honda CR-V.
Since many drivers have only the minimum liability required by law, their limits can quickly be used up. This is the reason having UM/UIM coverage is very important. Most of the time these limits are identical to your policy’s liability coverage.
As you prepare to switch companies, make sure you don’t reduce needed coverages to save money. Too many times, someone dropped liability coverage limits and learned later that it was a big error on their part. Your goal should be to buy enough coverage for the lowest cost, but do not sacrifice coverage to save money.
People switch companies for a variety of reasons including an unsatisfactory settlement offer, high prices, unfair underwriting practices or denial of a claim. It doesn’t matter why you want to switch choosing a new insurance company can be pretty painless.
You just learned some good ideas how you can shop for 2018 Honda CR-V insurance online. It’s most important to understand that the more companies you get car insurance rates for, the better your chances of lowering your car insurance rates. You may be surprised to find that the best price on insurance coverage is with the least-expected company.