Searching for the cheapest insurance rates for your Honda CR-V? Tired of not being able to afford each month for car insurance? Your situation is no different than most other car owners.
Big companies like Progressive, GEICO and Farmers Insurance all claim big savings with fancy advertisements and it is challenging if not impossible to see past the geckos and flying pigs and effectively compare rates to find the best deal.
You should make it a habit to price shop coverage yearly due to the fact that insurance rates go up and down regularly. Just because you found the lowest price for CR-V coverage last year you can probably find a lower rate today. Ignore everything you know about insurance because you’re about to find out one of the easiest ways to eliminate unnecessary coverages and save money.
There are several ways of comparing rate quotes from local insurance companies. One of the best ways to compare 1998 Honda CR-V insurance prices is simply to get online rate quotes. It is quite easy and can be accomplished in several different ways.
To view a list of companies in your area, click here.
Whichever method you choose, make darn sure you compare apples-to-apples coverages for every quote you compare. If you have mixed coverages it will be next to impossible to determine the best price for your Honda CR-V. Just a small difference in coverages could mean much higher rates. Keep in mind that more quotes will increase your chances of finding the best rates.
Companies don’t always publicize every available discount in an easy-to-find place, so we researched some of the best known as well as the least known discounts you could be receiving.
It’s important to note that most discount credits are not given to your bottom line cost. Most only reduce the price of certain insurance coverages like liability, collision or medical payments. So even though they make it sound like having all the discounts means you get insurance for free, you’re out of luck.
To see a list of insurers with the best insurance coverage discounts, click here to view.
When buying coverage for your personal vehicles, there really is not a one size fits all plan. Coverage needs to be tailored to your specific needs so your insurance needs to address that. For example, these questions may help you determine whether your personal situation would benefit from professional advice.
If it’s difficult to answer those questions but you know they apply to you, you may need to chat with an agent. If you want to speak to an agent in your area, take a second and complete this form or click here for a list of car insurance companies in your area.
Knowing the specifics of auto insurance helps when choosing the best coverages at the best deductibles and correct limits. The coverage terms in a policy can be difficult to understand and coverage can change by endorsement. Listed below are typical coverages found on most auto insurance policies.
Liability coverage – Liability insurance protects you from injuries or damage you cause to a person or their property in an accident. It protects YOU against claims from other people. It does not cover damage sustained by your vehicle in an accident.
It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have limits of 50/100/50 that means you have $50,000 bodily injury coverage, $100,000 for the entire accident, and property damage coverage for $50,000.
Liability coverage protects against claims such as court costs, medical expenses, funeral expenses, emergency aid and legal defense fees. How much liability coverage do you need? That is up to you, but it’s cheap coverage so purchase as much as you can afford.
Collision – Collision insurance pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You will need to pay your deductible and then insurance will cover the remainder.
Collision can pay for things like rolling your car, colliding with another moving vehicle and scraping a guard rail. Collision is rather expensive coverage, so consider dropping it from vehicles that are 8 years or older. It’s also possible to bump up the deductible to bring the cost down.
UM/UIM (Uninsured/Underinsured Motorist) coverage – This gives you protection from other motorists when they do not carry enough liability coverage. Covered losses include hospital bills for your injuries as well as damage to your Honda CR-V.
Due to the fact that many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage should not be overlooked.
Comprehensive auto coverage – Comprehensive insurance coverage pays to fix your vehicle from damage from a wide range of events other than collision. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive can pay for claims like falling objects, damage from flooding and damage from getting keyed. The maximum amount you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.
Medical payments and PIP coverage – Medical payments and Personal Injury Protection insurance kick in for short-term medical expenses for things like chiropractic care, doctor visits, EMT expenses and pain medications. The coverages can be used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover you and your occupants and also covers any family member struck as a pedestrian. PIP coverage is not available in all states but can be used in place of medical payments coverage