Compare 2023 Honda HR-V Car Insurance Quotes in 2024

Expensive Honda HR-V insurance can deplete your bank account, especially in this economy. Doing a rate comparison is a fast and free way to cut your insurance bill.

Lots of car insurance companies contend for your insurance dollar, and it can be difficult to compare rates to find the lowest cost out there.

Find hidden discounts on insurance

Not too many consumers would say insurance is affordable, but you might find some hidden discounts to help offset the cost. Some discounts apply automatically when you purchase, but lesser-known reductions have to be specifically requested before being credited. If you aren’t receiving every discount you deserve, you could be paying more than you need to.

• Fewer Miles Equal More Savings – Driving less can earn slightly better prices than normal.
• E-sign Discounts – Some larger companies may give you up to $50 for buying your policy on the internet.
• Defensive Driver – Taking a course in defensive driving could earn you a small percentage discount and easily recoup the cost of the course.
• College Student Discount – who attend college more than 100 miles from home and leave their car at home could get you a discount.
• Theft Prevention Discount – Cars with anti-theft systems are stolen with less frequency and that can save you a little bit as well.
• Homeowners Savings – Simply owning a home can save you money due to the fact that maintaining a home is proof that your finances are in order.
• Federal Government Employee – Being employed by or retired from a federal job may qualify for a discount when you quote auto insurance on HR-V insurance depending on your insurance provider.
• One Accident Forgiven – Not necessarily a discount, but certain companies will turn a blind eye to one accident without raising rates if you are claim-free prior to being involved in the accident.
• Membership in Organizations – Being in a civic or occupational organization could earn you a nice discount on your policy.

While discounts sound great, it’s important to understand that some credits don’t apply to the entire cost. Most cut individual premiums such as physical damage coverage or medical payments. So when it seems like all the discounts add up to a free policy, you won’t be that lucky.

Some companies that may offer quotes with some of the above discounts possibly include:

• Progressive
• The Hartford
• Mercury Insurance
• GEICO
• AAA
• State Farm

If you need cheap auto insurance quotes, ask each insurance company how many discounts you can get. Some credits might not apply in your area. To locate providers who offer cheap insurance quotes, enter your zip code here.

Tailor your auto insurance coverage to you

When choosing the best auto insurance coverage for your vehicles, there is no “best” method to buy coverage. Every situation is different and your policy should reflect that. These are some specific questions may help highlight whether your personal situation would benefit from professional advice.

• Is my babysitter covered when using my vehicle?
• Are there companies who specialize in insuring high-risk drivers?
• How high should my medical payments coverage be?
• Can I make deliveries for my home business?
• If my 2023 Honda HR-V is totaled, can I afford another vehicle?
• How high should deductibles be on a 2023 Honda HR-V?
• Why am I be forced to buy a membership to get insurance from some companies?

If you don’t know the answers to these questions but you think they might apply to your situation, you might consider talking to a licensed agent. To find lower rates from a local agent, complete your zip code. It’s fast, free and you can get the answers you need.

Can switching companies really save?

Consumers can’t avoid all the ads for cheaper insurance by companies like GEICO, State Farm and Progressive. All the companies state the claim that drivers will save a bundle if you switch your coverage.

How does each company charge lower premium rates? You have to listen carefully.

Most companies look for specific characteristics for the type of driver that earns them a profit. An example of a profitable insured may be between the ages of 40 and 55, has a clean driving record, and insures a new vehicle. Anyone that matches those criteria will get the preferred premium rates as well as save some money.

Potential insureds who do not match those standards will probably have to pay higher prices and the driver buying from a lower-cost company. If you listen closely, the ads state “people that switch” not “everyone that quotes” save money. This is how companies can make claims like that.

That is why it’s extremely important to get auto insurance quotes as often as possible. You cannot predict which insurance companies will fit your personal profile best.

Car insurance coverages for a 2023 Honda HR-V

Knowing the specifics of your insurance policy can be of help when determining which coverages you need at the best deductibles and correct limits. Insurance terms can be ambiguous and coverage can change by endorsement. Shown next are typical coverage types found on most insurance policies.

Coverage for medical expenses

Medical payments and Personal Injury Protection insurance provide coverage for short-term medical expenses for funeral costs, dental work, doctor visits, ambulance fees and hospital visits. They can be utilized in addition to your health insurance plan or if you lack health insurance entirely. They cover both the driver and occupants in addition to getting struck while a pedestrian. Personal injury protection coverage is not universally available but can be used in place of medical payments coverage

Coverage for uninsured or underinsured drivers

Your UM/UIM coverage provides protection when the “other guys” either are underinsured or have no liability coverage at all. This coverage pays for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Since many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is very important. Frequently these coverages are identical to your policy’s liability coverage.

Collision coverage

This pays to fix your vehicle from damage resulting from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision can pay for claims like sideswiping another vehicle, hitting a mailbox, hitting a parking meter, colliding with another moving vehicle and scraping a guard rail. Collision coverage makes up a good portion of your premium, so consider dropping it from lower value vehicles. It’s also possible to raise the deductible to get cheaper collision coverage.

Comprehensive insurance

Comprehensive insurance coverage pays for damage from a wide range of events other than collision. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive insurance covers things such as fire damage, damage from a tornado or hurricane, hitting a deer, hitting a bird and hail damage. The most you’ll receive from a claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Liability coverage

Liability coverage provides protection from damage or injury you incur to other people or property. This coverage protects you from legal claims by others. Liability doesn’t cover your injuries or vehicle damage.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see liability limits of 25/50/25 which stand for $25,000 bodily injury coverage, a per accident bodily injury limit of $50,000, and property damage coverage for $25,000. Another option is a combined single limit or CSL which combines the three limits into one amount without having the split limit caps.

Liability can pay for claims like attorney fees, repair costs for stationary objects and emergency aid. How much liability should you purchase? That is your choice, but consider buying higher limits if possible.

Have money to burn

We’ve covered a lot of ways to shop for 2023 Honda HR-V insurance online. The most important thing to understand is the more companies you get rates for, the more likely it is that you will get a better rate. You may even find the biggest savings come from a small mutual company. Smaller companies may only write in your state and offer lower rates compared to the large companies like GEICO and State Farm.

While you’re price shopping online, it’s not a good idea to reduce coverage to reduce premium. In many instances, someone sacrificed physical damage coverage to discover at claim time that it was a big mistake. Your goal should be to purchase a proper amount of coverage for the lowest price, not the least amount of coverage.