Lower Your 2023 Honda CR-V Insurance Cost in 2024

I really doubt anyone looks forward to paying for insurance coverage, particularly when it costs too dang much.

Popular companies such as State Farm, Farmers Insurance, GEICO and Allstate constantly blast consumers with catchy ads and it can be hard to ignore the flying pigs and cute green geckos and take the time to shop coverage around.

If you currently have car insurance, you should be able to save some money using this information. Buying car insurance is easy if you know what you’re doing. But consumers need to learn the way companies price insurance differently and take advantage of how the system works.

How to compare free auto insurance quotes

When shopping for auto insurance there are multiple ways of comparing price quotes from many available auto insurance companies in your state. By far the easiest way to find competitive 2023 Honda CR-V insurance rates consists of obtaining rate quotes online. It is quite easy and can be accomplished in just a few minutes using one of these methods.

• The single most time-saving way to compare a lot of rates at once would be an industry-wide quote request form. This quick form keeps you from doing separate quotation requests for each price estimate. One quote request will return quotes from multiple low-cost companies.
• A harder way to analyze rates is going to the website for every company you want to compare and fill out a new quote form. For example, let’s say you want to see prices from Nationwide, Progressive and GEICO. To do that, you would have to take the time to go to each site to enter the same coverage data repeatedly, which can be really labor intensive.

However you get your quotes, make absolute certain that you use the same coverages and limits on every quote. If you compare different limits and deductibles on each one you will not be able to get a fair rate comparison. Even a minor difference in coverage limits may cause a big price difference. And when comparison shopping, quoting more helps locate lower pricing. Not every company does online rate quotes, so you should also compare quotes from those companies as well.

Tailor your car insurance coverage to you

When choosing proper insurance coverage, there really is no “best” method to buy coverage. Your needs are not the same as everyone else’s so your insurance needs to address that. For instance, these questions could help you determine if your insurance needs will benefit from professional help.

• Is a new car covered when I drive it off the dealer lot?
• Am I covered by my employer’s commercial auto policy when driving my personal car for business?
• Should I buy more coverage than the required minimum liability coverage?
• When can my company non-renew my policy?
• Is my Honda CR-V covered if I use it for business?
• What discounts do I qualify for?
• When would I need additional glass coverage?
• Which companies will insure high-risk drivers?
• At what point should I drop full coverage?
• Am I better off with higher deductibles on my 2023 Honda CR-V?

If it’s difficult to answer those questions, you might consider talking to a licensed insurance agent. To find lower rates from a local agent, take a second and enter your zip code.

Auto insurance coverage information

Learning about specific coverages of your policy can help you determine the right coverages and the correct deductibles and limits. Policy terminology can be confusing and coverage can change by endorsement. These are the usual coverages found on the average insurance policy.

Comprehensive protection

Comprehensive insurance covers 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 things like hail damage, a tree branch falling on your vehicle and damage from getting keyed. The maximum payout you’ll receive from a claim is the actual cash value, so if the vehicle is not worth much consider dropping full coverage.

Collision coverage

This pays to fix your vehicle from damage from colliding with another car or object. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for things like backing into a parked car, colliding with a tree and hitting a mailbox. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are 8 years or older. Drivers also have the option to raise the deductible to bring the cost down.

Uninsured or underinsured coverage

Your UM/UIM coverage protects you and your vehicle when the “other guys” do not carry enough liability coverage. Covered claims include medical payments for you and your occupants and damage to your Honda CR-V.

Since a lot of drivers only purchase the least amount of liability that is required, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Medical expense coverage

Personal Injury Protection (PIP) and medical payments coverage reimburse you for short-term medical expenses like hospital visits, funeral costs, nursing services and surgery. They can be used in conjunction with a health insurance plan or if you do not have health coverage. Medical payments and PIP cover all vehicle occupants and also covers getting struck while a pedestrian. Personal Injury Protection is not available in all states but it provides additional coverages not offered by medical payments coverage

Coverage for liability

This will cover injuries or damage you cause to other people or property in an accident. This coverage protects you from claims by other people, and does not provide coverage for your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have policy limits of 50/100/50 which means $50,000 bodily injury coverage, a total of $100,000 of bodily injury coverage per accident, and a limit of $50,000 paid for damaged property.

Liability coverage pays for claims like legal defense fees, emergency aid and attorney fees. How much liability coverage do you need? That is a decision to put some thought into, but buy as large an amount as possible.