2012 Honda CR-Z Insurance Rates – 9 Savings Tips

Nobody I know cherishes buying auto insurance, especially knowing their premiums are too high. Companies like GEICO and Progressive all claim big savings with catchy ads and it can be hard to see through the deception and find the best price available.

You should make it a habit to price shop coverage occasionally because prices are adjusted regularly by insurance companies. Just because you had the lowest rates on CR-Z coverage a couple years back other companies may now be cheaper. There is a lot of wrong information about auto insurance on the web, but by reading this article, you’re going to learn a bunch of ideas how to buy auto insurance cheaper.

If you have a policy now or need a new policy, you can learn to find better prices while maintaining coverages. Buying car insurance is quite easy. Consumers just need to understand the proper way to find the lowest price over the internet.

How to Compare Auto Insurance Quotes

Performing a rate comparison is a ton of work if you aren’t aware of the fastest way to get free quotes. You can spend your afternoon discussing policy coverages with insurance companies in your area, or you could save time and use online quotes to achieve your goal.

Most of the best insurance companies enroll in a system where insurance shoppers send in one quote, and each participating company can provide price quotes based on that information. This saves time by eliminating quote requests to every company.

To access this free quoting program, click here to start a free quote.

One minor caviat to using this type of form is buyers cannot specifically choose which providers to get quotes from. So if you want to select individual companies to receive pricing from, we have assembled a list of companies who write auto insurance in your area. Click to view list.

It doesn’t matter which method you choose, just make sure you use the exact same information for every company. If your comparisons have different deductibles it’s impossible to make a fair comparison for your Honda CR-Z.

Don’t be fooled by advertising claims

Drivers constantly see and hear ads for the lowest price auto insurance by companies like State Farm, Allstate and GEICO. All the ads say the same thing that you’ll save big after switching to them.

How does each company say the same thing?

Different companies have a preferred profile for the type of driver that earns them a profit. For instance, a driver they prefer could be between 25 and 40, has no driving citations, and has great credit. A customer who fits that profile will qualify for the lowest rates and is almost guaranteed to save a lot of money.

Drivers who don’t measure up to these standards will be charged more money and this can result in the driver buying from a lower-cost company. The ads state “customers that switch” but not “drivers who get quotes” save that much money. That’s the way companies can advertise the savings. That is why it’s extremely important to get quotes from several different companies. It’s impossible to know which auto insurance company will give you the biggest savings on Honda CR-Z insurance.

Save money by taking advantage of these nine discounts

Companies don’t always list all their discounts in a way that’s easy to find, so the following is a list of both well-publicized and the harder-to-find insurance coverage savings. If you aren’t receiving every discount possible, you’re just leaving money on the table.

  • Seat Belts Save – Using a seat belt and requiring all passengers to buckle their seat belts could save 15% off the personal injury premium cost.
  • Life Insurance Discount – Select insurance companies reward you with a break if you buy life insurance from them.
  • Multiple Vehicles – Buying coverage for multiple vehicles on one policy could earn a price break for each car.
  • Good Student – Performing well in school can save 20 to 25%. The discount lasts up until you turn 25.
  • Claim Free – Good drivers with no accidents pay less compared to bad drivers.
  • Own a Home – Owning a home can save you money because owning a home requires personal responsibility.
  • E-sign – A few companies will give a small break for buying a policy and signing up on their website.
  • Student in College – Any of your kids who attend school more than 100 miles from home without a vehicle on campus can receive lower rates.
  • Memberships – Being a member of a qualifying organization is a good way to get lower rates when shopping for insurance coverage on CR-Z coverage.

Drivers should understand that some credits don’t apply to the entire policy premium. The majority will only reduce the cost of specific coverages such as medical payments or collision. So when the math indicates all those discounts means the company will pay you, it doesn’t quite work that way.

Car insurance companies who might offer these money-saving discounts are:

It’s a good idea to ask all companies you are considering how you can save money. Savings might not apply in every state.

When should I use an insurance agent?

When it comes to choosing adequate coverage, there isn’t really a perfect coverage plan. Everyone’s situation is unique so your insurance needs to address that. Here are some questions about coverages that might point out if your insurance needs will benefit from professional help.

  • Are my friends covered when driving my car?
  • Do I have coverage when making deliveries for my home business?
  • Will my insurance pay for OEM parts?
  • Can my teen drive my company car?
  • Why does it cost so much to insure a teen driver?
  • Is my vehicle covered by my employer’s policy when using it for work?

If you’re not sure about those questions but a few of them apply then you might want to talk to a licensed insurance agent. To find lower rates from a local agent, fill out this quick form or you can go here for a list of companies in your area. It is quick, free and can help protect your family.

Auto insurance coverages 101

Knowing the specifics of auto insurance can be of help when determining the right coverages and proper limits and deductibles. The coverage terms in a policy can be ambiguous and even agents have difficulty translating policy wording. Below you’ll find typical coverages available from auto insurance companies.

Collision protection

This coverage pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. You first must pay a deductible and then insurance will cover the remainder.

Collision insurance covers claims such as damaging your car on a curb, sideswiping another vehicle and scraping a guard rail. Collision coverage makes up a good portion of your premium, so consider removing coverage from older vehicles. You can also choose a higher deductible to save money on collision insurance.

Comprehensive coverages

Comprehensive insurance coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for things like a broken windshield, theft, falling objects, hitting a deer and rock chips in glass. The maximum amount a auto insurance company will pay at claim time is the market value of your vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Coverage for medical payments

Medical payments and Personal Injury Protection insurance provide coverage for expenses like surgery, pain medications, rehabilitation expenses, prosthetic devices and doctor visits. They are used to cover expenses not covered by your health insurance plan or if there is no health insurance coverage. They cover you and your occupants and will also cover 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

Uninsured and underinsured coverage

Your UM/UIM coverage protects you and your vehicle’s occupants from other motorists when they either have no liability insurance or not enough. This coverage pays for hospital bills for your injuries and also any damage incurred to your 2012 Honda CR-Z.

Because many people only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is a good idea.

Liability insurance

Liability insurance can cover damages or injuries you inflict on other’s property or people that is your fault. Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have limits 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 can pay for things such as repair bills for other people’s vehicles, court costs, attorney fees and repair costs for stationary objects. How much coverage you buy is a decision to put some thought into, but it’s cheap coverage so purchase as much as you can afford.

Quote more, save more

When trying to cut insurance costs, you should never buy less coverage just to save a little money. Too many times, drivers have reduced full coverage and found out when filing a claim that they should have had better coverage. The proper strategy is to buy the best coverage you can find at an affordable rate.

Discount 2012 Honda CR-Z insurance is available online as well as from independent agents, and you should be comparing both to have the best chance of lowering rates. Some companies don’t offer the ability to get a quote online and most of the time these smaller companies sell through independent agents.

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