Lower Your 2002 Honda CR-V Insurance Quotes

Searching for cheaper insurance coverage rates for your Honda CR-V? I really doubt anyone likes having to buy insurance coverage, especially knowing they are paying too much. You have so many insurers to insure vehicles with, and though it is a good thing to have a selection, too many choices makes it more difficult to compare rates and find the lowest cost insurance coverage.

Choices you make can impact your insurance costs

Multiple criteria are taken into consideration when you get your auto insurance bill. Some are obvious like an MVR report, but some are less apparent such as your credit history or your financial responsibility.When buying insurance coverage it’s important to understand some of the elements that are used to determine the rates you pay for insurance coverage. When consumers understand what influences your rates, this empowers consumers to make smart changes that may reward you with lower insurance coverage prices.

• A good credit history can save money – Your credit history can be an important factor in determining premium rates. So if your credit could use some work, you could pay less to insure your 2002 Honda CR-V if you improve your credit rating. Insureds that have excellent credit scores tend to be better drivers and file fewer claims than those with lower ratings.
• Extra policy coverages may be wasting money – There are a ton of add-on coverages that you can get tricked into buying on your insurance coverage policy. Coverages for rental car reimbursement, accident forgiveness, and additional equipment coverage are probably not needed. The coverages may be enticing when deciding what coverages you need, but if you don’t need them eliminate the coverages to reduce your premium.
• Your address can push rates up or down – Residing in less populated areas is a positive aspect when talking about insurance coverage. Lower population translates into fewer accidents and a lower car theft rate. People who live in big cities have more road rage incidents and more time behind the wheel. More time behind the wheel means more chance of being in an accident.
• Liability coverage claims can be big – Liability insurance is the protection when you are found to be at fault for physical damage or personal injury to other. Liability provides legal defense coverage to attempt to prove you were not liable. This coverage is relatively inexpensive compared to insuring for physical damage coverage, so do not skimp.
• Deter vehicle theft – Buying a car with advanced anti-theft systems can save you a little every year. Theft prevention features like OnStar, LoJack tracking, and tamper alarms help track and prevent car theft.
• Stressful vocation may mean higher premiums – Occupations such as judges, business owners and emergency personnel usually pay higher average rates in part from intense work situations and incredibly demanding work hours. Other careers like farmers, athletes and performers receive lower rates for CR-V coverage.
• Gaps in coverage mean higher premiums – Driving without insurance is a big no-no and insurance coverage companies will penalize you for letting your insurance lapse for non-payment. Not only will you pay more, getting caught without coverage can result in fines or a revoked license. You could then be forced to file a SR-22 with your state motor vehicle department to get your license reinstated.
• Responsible drivers pay the best costs – Your driving record has a lot to do with how much you pay for insurance. Having a single speeding ticket or other violation may cause rates to rise forty percent or more. Drivers who don’t get tickets have lower premiums as compared to those with violations. Drivers unfortunate enough to have severe tickets like DUI or reckless driving may need to submit a SR-22 or proof of financial responsibility with their state DMV in order to legally drive a vehicle.

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Compare auto insurance price quotes online

Lowering your 2002 Honda CR-V auto insurance rates isn’t really that difficult. You just have to spend a few minutes comparing rate quotes from different insurance companies. It’s really simple and can be done by using one of the methods below.

1. Without a doubt, the easiest way to get quotes for comparison is an all-inclusive rate comparison (click to open form in new window). This type of form keeps you from doing separate quotation requests for each company. Just one form gets you coverage quotes from multiple companies.
2. Another way to shop for auto insurance online is going to each individual company website and repeat the quote process again and again. For example, let’s assume you want to get rates from Allstate, State Farm and Geico. To get rate quotes you would need to go to every website and type in your information over and over, and that’s why the first method is more popular.

   For a handy list of car insurance company links in your area, click here.

Compare rates however you want, just make sure you are using nearly identical quote information on every quote. If each company quotes different deductibles it’s impossible to make a fair comparison for your Honda CR-V.

Car insurance advertising gotchas

Consumers can’t get away from all the ads that claim the lowest prices from companies such as State Farm and Allstate. They all seem to tend to make the same promise that you can save just by moving to them.

How does each company make almost identical claims? Here is the trick they use.

Companies look for specific characteristics for the type of driver they prefer to insure. An example of this type of driver could possibly be a married male, has no prior claims, and does not commute to work. A customer getting a price quote that matches those criteria may get the lowest premium rates as well as save quite a bit of money when switching.

Insureds who do not fit these stringent criteria will see more expensive rates which leads to business not being written. The wording the ads use say “customers that switch” but not “all drivers who get quotes” will save that much if they switch. That’s the way companies can truthfully make those statements. Because of the profiling, it is so important to compare as many free insurance quotes as you can. Because you cannot predict which company will have the best auto insurance rates at this point in time.

Discounts for cheap car insurance rates

Car insurance is neither fun to buy or cheap, but there may be some discounts that could drop your premiums quite a bit. Certain reductions will be credited when you get a quote, but some may not be applied and must be requested specifically before you get the savings. If you’re not getting every credit you qualify for, you could be paying more than you need to.

• Payment Method – If you can afford to pay the entire bill instead of making monthly payments you may have a lower total premium amount.
• Federal Government Employee – Simply working for the federal government may qualify for a discount when you quote insurance for CR-V coverage with some car insurance companies.
• Student Discount for Driver Training – Reduce the cost of insurance for teen drivers by having them sucessfully take a drivers education course in school.
• New Car Discount – Putting insurance coverage on a new car is cheaper because new vehicles keep occupants safer.
• Student in College – Kids who live away from home to go to college and do not take a car to college could get you a discount.
• Save with More Vehicles Insured – Insuring more than one vehicle with the same car insurance company can get a discount for every vehicle.

Policy discounts save money, but some credits don’t apply to the entire policy premium. Most only cut the price of certain insurance coverages like comprehensive or collision. Despite the fact that it seems like you could get a free car insurance policy, car insurance companies aren’t that generous.

Companies and the discounts they provide are:

• State Farm policyholders can earn discounts including defensive driving training, student away at school, good student, Drive Safe & Save, and accident-free.
• Progressive offers discounts for homeowner, online signing, multi-vehicle, multi-policy, continuous coverage, and online quote discount.
• Progressive may offer discounts for good student, homeowner, multi-policy, continuous coverage, online quote discount, multi-vehicle, and online signing.
• MetLife discounts include multi-policy, accident-free, good student, claim-free, and defensive driver.
• Farm Bureau has savings for multi-policy, safe driver, driver training, renewal discount, multi-vehicle, good student, and youthful driver.
• Geico offers premium reductions for emergency military deployment, federal employee, military active duty, anti-lock brakes, good student, and five-year accident-free.
• SAFECO includes discounts for safe driver, teen safety rewards, homeowner, anti-lock brakes, bundle discounts, and anti-theft.

When getting free insurance quotes, it’s a good idea to all the companies which discounts can lower your rates. Some discounts may not apply to policies in every state. If you would like to choose from a list of providers who offer discounts, click here.

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You may need specialized insurance coverage coverage

When choosing adequate coverage, there is no single plan that fits everyone. Each situation is unique and a cookie cutter policy won’t apply. Here are some questions about coverages that may help highlight if your situation may require specific advice.

• How many claims can I have before being cancelled?
• I have health insurance so do I need medical payments coverage?
• Can I get a multi-policy discount?
• When does my teenage driver need to be added to my policy?
• Am I covered when driving someone else’s vehicle?
• What discounts do I qualify for?

If you’re not sure about those questions but a few of them apply, you might consider talking to a licensed insurance agent. If you want to speak to an agent in your area, simply complete this short form or you can go here for a list of companies in your area. It only takes a few minutes and may give you better protection.

Educate yourself about car insurance coverages

Learning about specific coverages of your policy 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 even agents have difficulty translating policy wording. Shown next are the usual coverages found on most car insurance policies.

Coverage for liability

Liability coverage can cover damages or injuries you inflict on other’s property or people in an accident. This insurance protects YOU from legal claims by others. Liability doesn’t cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show liability limits of 50/100/50 that means you have a $50,000 limit per person for injuries, $100,000 for the entire accident, and property damage coverage for $50,000.

Liability insurance covers things such as medical expenses, repair costs for stationary objects, legal defense fees, emergency aid and repair bills for other people’s vehicles. How much coverage you buy is a personal decision, but buy as much as you can afford.

Insurance for medical payments

Coverage for medical payments and/or PIP kick in for bills for things like EMT expenses, rehabilitation expenses, nursing services, X-ray expenses and funeral costs. They can be used to fill the gap from your health insurance policy or if you lack health insurance entirely. Coverage applies to you and your occupants and will also cover any family member struck as a pedestrian. PIP coverage is only offered in select states and gives slightly broader coverage than med pay

Uninsured Motorist or Underinsured Motorist insurance

Your UM/UIM coverage protects you and your vehicle when other motorists either are underinsured or have no liability coverage at all. This coverage pays for medical payments for you and your occupants and damage to your Honda CR-V.

Because many people only purchase the least amount of liability that is required, their limits can quickly be used up. So UM/UIM coverage should not be overlooked.

Comprehensive coverage (or Other than Collision)

Comprehensive insurance pays for damage that is not covered by collision coverage. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims like hitting a deer, a tree branch falling on your vehicle, a broken windshield and falling objects. The most your car insurance company will pay is the actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

Collision coverage

Collision insurance covers damage to your CR-V from colliding with an object or car. You first must pay a deductible and then insurance will cover the remainder.

Collision insurance covers things such as rolling your car, hitting a parking meter, scraping a guard rail and backing into a parked car. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are 8 years or older. You can also raise the deductible to bring the cost down.

What is YOUR best insurance company?

We just covered many ways to reduce 2002 Honda CR-V insurance car insurance rates online. The most important thing to understand is the more price quotes you have, the higher your chance of finding inexpensive insurance. You may even discover the lowest car insurance rates are with a small local company. Some small companies may only write in your state and offer lower premium rates compared to the large companies like Allstate, Geico and Progressive.

The cheapest 2002 Honda CR-V insurance is definitely available both online and also from your neighborhood agents, so you need to shop insurance with both to get a complete price analysis. A few companies do not provide the ability to get quotes online and usually these regional insurance providers provide coverage only through local independent agents.

As you restructure your insurance plan, don’t be tempted to reduce coverage to reduce premium. There have been many cases where an insured cut liability limits or collision coverage only to regret at claim time they didn’t have enough coverage. The goal is to find the BEST coverage at the best price, not the least amount of coverage.

Even more information is available at these sites:

• Older Drivers FAQ (iihs.org)
• Auto Theft Statistics (Insurance Information Insitute)
• Get the Right Protection (InsureUonline.org)
• Preventing Carjacking and Theft (Insurance Information Insitute)
• Rental Reimbursement Coverage (Allstate)

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