2004 Honda CR-V Insurance Rates – 10 Tips to Save

Searching for the cheapest insurance rates for your Honda CR-V? Are you drained from trying to scrape together enough money to insure your Honda every month? You are in the same boat as most other people.

Because there are so many insurance companies to choose from, it is very difficult to pick the most affordable insurance company.

Buying the lowest cost insurance coverage is easy if you know what you’re doing. Just about everyone who shops for insurance coverage most likely will be able to reduce their rates. Nevertheless, car owners can benefit by having an understanding of the way companies price online insurance and take advantage of how the system works.

The best way we recommend to compare rates is to know the fact auto insurance companies will pay a fee to provide you with free rate quotes. The only thing you need to do is provide details like the make and model of your vehicles, your credit rating estimate, if you require a SR-22, and if your license is active. That rating information is instantly provided to insurance companies and you will receive price estimates very quickly.

To check 2004 Honda CR-V insurance prices now, click here and enter your coverage details.

Ten discounts for cheap insurance coverage rates

Some providers don’t list every disount available very clearly, so we took the time to find some of the best known in addition to some of the lesser obvious credits that you can use to lower your rates.

• Defensive Driver – Taking a safe driver class may get you a small discount if you qualify.
• Accident-Free Discounts – Drivers who don’t have accidents can save substantially as opposed to policyholders that have many claims.
• Telematics Discount – Drivers who elect to allow driving data submission to look at when and where they use their vehicle by using a telematic data system such as Snapshot from Progressive or Drivewise from Allstate could save a few bucks if they exhibit good driving behavior.
• Passive Restraints – Factory air bags and/or automatic seat belt systems could see savings of more than 20%.
• Bundled Policy Discount – If you insure your home and vehicles and place coverage with the same company you may save at least 10% off all policies.
• Early Payment Discounts – By paying your entire bill at once as opposed to paying monthly you may reduce your total bill.
• Active Military Service – Having an actively deployed family member may qualify for rate reductions.
• Employee of Federal Government – Active or retired federal employment can earn a discount up to 10% for CR-V coverage but check with your company.
• 55 and Retired – If you’re over the age of 55, you could receive lower premium rates for CR-V coverage.
• Theft Deterent Discount – Cars and trucks equipped with tracking devices and advanced anti-theft systems are stolen less frequently so companies will give you a small discount.

As a disclaimer on discounts, some credits don’t apply to your bottom line cost. Some only reduce the cost of specific coverages such as comp or med pay. So when the math indicates you could get a free insurance coverage policy, you won’t be that lucky.

Large insurance coverage companies and their possible discounts can be read below.

• Geico has discounts for air bags, multi-vehicle, multi-policy, emergency military deployment, five-year accident-free, and anti-lock brakes.
• MetLife includes discounts for good driver, defensive driver, accident-free, claim-free, multi-policy, and good student.
• State Farm policyholders can earn discounts including driver’s education, Steer Clear safe driver discount, student away at school, passive restraint, and good driver.
• Progressive offers discounts for multi-policy, continuous coverage, online quote discount, online signing, good student, multi-vehicle, and homeowner.
• Mercury Insurance may have discounts that include good student, location of vehicle, multi-policy, type of vehicle, anti-theft, low natural disaster claims, and multi-car.
• 21st Century may include discounts for student driver, theft prevention, homeowners, teen driver, 55 and older, anti-lock brakes, and defensive driver.
• Allstate offers discounts including good student, teenSMART discount, resident student, premier plus, new car, and multi-policy.

If you need lower rates, check with every prospective company which discounts you may be entitled to. Savings might not be offered on policies in your area. If you would like to view providers that offer multiple discounts, follow this link.

You may need specialized insurance coverage coverage

When it comes to choosing coverage, there is no single plan that fits everyone. Everyone’s situation is unique so your insurance needs to address that. For instance, these questions might point out if you will benefit from professional help.

• Is my trailer covered?
• What are the financial responsibility laws in my state?
• How much liability do I need to cover my assets?
• Am I covered if I hit my neighbor’s mailbox?
• At what point should I drop full coverage?
• Who is covered by my policy?
• Should I have a commercial auto policy?
• Does my liability insurance cover pulling a trailer or camper?

If you don’t know the answers to these questions but a few of them apply, then you may want to think about talking to an insurance agent. To find lower rates from a local agent, fill out this quick form or go to this page to view a list of companies.

Car insurance coverage options for a 2004 Honda CR-V

Understanding the coverages of your car insurance policy aids in choosing the right coverages and the correct deductibles and limits. The coverage terms in a policy can be difficult to understand and even agents have difficulty translating policy wording. Listed below are the usual coverages available from car insurance companies.

Coverage for medical payments

Coverage for medical payments and/or PIP provide coverage for short-term medical expenses for nursing services, X-ray expenses, ambulance fees and funeral costs. They are often used in conjunction with a health insurance plan or if you lack health insurance entirely. Coverage applies to you and your occupants as well as being hit by a car walking across the street. PIP is not universally available but can be used in place of medical payments coverage

Coverage for liability

Liability coverage can cover damage or injury you incur to other’s property or people that is your fault. Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show policy limits of 100/300/100 that translate to a limit of $100,000 per injured person, a limit of $300,000 in injury protection per accident, and a total limit of $100,000 for damage to vehicles and property. Occasionally you may see a combined limit that pays claims from the same limit with no separate limits for injury or property damage.

Liability insurance covers claims like funeral expenses, repair costs for stationary objects, loss of income, pain and suffering and bail bonds. How much liability coverage do you need? That is your choice, but it’s cheap coverage so purchase as much as you can afford.

Comprehensive coverages

This coverage will pay to fix damage that is not covered by collision coverage. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive insurance covers claims such as theft, hail damage, falling objects and damage from getting keyed. The highest amount a car insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle is not worth much consider dropping full coverage.

Coverage for collisions

This coverage pays to fix your vehicle from damage resulting from a collision 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 claims like rolling your car, colliding with another moving vehicle and driving through your garage door. This coverage can be expensive, so you might think about dropping it from vehicles that are 8 years or older. It’s also possible to increase the deductible to get cheaper collision coverage.

Uninsured and underinsured coverage

This provides protection from other drivers when they either are underinsured or have no liability coverage at all. This coverage pays for medical payments for you and your occupants and also any damage incurred to your Honda CR-V.

Since many drivers carry very low liability coverage limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Usually your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Make a quick buck

Low-cost 2004 Honda CR-V insurance can be found online as well as from insurance agents, so you need to shop auto insurance with both to have the best chance of lowering rates. Some insurance providers may not have price quotes online and most of the time these small, regional companies prefer to sell through independent agents.

In this article, we presented many ideas to compare 2004 Honda CR-V insurance premium rates online. The key thing to remember is the more price quotes you have, the higher your chance of finding the cheapest auto insurance. Drivers may discover the biggest savings come from a small mutual company. Smaller companies may cover specific market segments cheaper than their larger competitors like State Farm and Allstate.

More tips and info about auto insurance is available by following these links:

• Collision Coverage (Liberty Mutual)
• How to Avoid Common Accidents (State Farm)
• How do I File a Claim? (Insurance Information Insitute)
• Get the Right Protection (InsureUonline.org)
• Young Drivers: The High Risk Years Video (iihs.org)
• Eight Auto Insurance Myths (Insurance Information Insitute)