2015 Honda CR-Z Insurance Rates – 7 Policy Discounts

No car owner is fond of buying insurance, especially when they know they could get a better deal. There is such a variety of car insurance companies to buy insurance from, and although it’s a good thing to have a choice, more options can take longer to adequately compare rates.

The method we recommend to compare car insurance company rates utilizes the fact car insurance companies participate in online systems to compare rate quotes. All consumers are required to do is provide a little information such as whether you drive to work or school, your general credit rating, the ages of drivers, and how much school you completed. That rating data gets transmitted to insurance companies and they respond with quotes quickly.

Find discounts to get cheap car insurance quotes

Companies offering auto insurance don’t list every disount available in an easy-to-find place, so below is a list a few of the more well known in addition to some of the lesser obvious discounts that you may qualify for.

  • Braking Control Discount – Cars equipped with ABS or steering control are safer to drive and therefore earn up to a 10% discount.
  • Payment Method – By paying your entire bill at once as opposed to paying monthly you could save up to 5%.
  • No Claims – Drivers who don’t have accidents get the best car insurance rates when compared with insureds who have frequent claims or accidents.
  • Telematics Devices – People who choose to allow their insurance company to spy on where and when they drive through the use of a telematics system such as Progressive’s Snapshot may get a rate reduction as long as they are good drivers.
  • New Car Discount – Buying a new car model can save you some money since new model year vehicles are generally safer.
  • Employee of Federal Government – Active or former government employment could cut as much as 10% off for CR-Z coverage depending on your company.
  • Discount for Passive Restraints – Vehicles with factory air bags can qualify for discounts of 25 to 30%.

Discounts lower rates, but most discount credits are not given the the whole policy. Most only cut specific coverage prices like collision or personal injury protection. Despite the fact that it seems like adding up those discounts means a free policy, it doesn’t quite work that way.

If you would like to choose from a list of companies who offer car insurance discounts, click here.

Tailor your auto insurance coverage to you

When it comes to buying proper insurance coverage for your personal vehicles, there really is no “best” method to buy coverage. Every insured’s situation is different so this has to be addressed. For example, these questions could help you determine whether or not you will benefit from professional help.

  • Is my vehicle covered by my employer’s policy when using it for work?
  • Do I have coverage when making deliveries for my home business?
  • Can my teen drive my company car?
  • Should I file a claim if it’s only slightly more than my deductible?
  • How can I force my company to pay a claim?
  • At what point should I drop full coverage?

If you can’t answer these questions but you know they apply to you, you may need to chat with a licensed agent. If you don’t have a local agent, complete this form or you can also visit this page to select a carrier It’s fast, free and can provide invaluable advice.

Car insurance coverage breakdown

Understanding the coverages of car insurance aids in choosing the right coverages and the correct deductibles and limits. Car insurance terms can be impossible to understand and even agents have difficulty translating policy wording. These are the usual coverages found on most car insurance policies.

Liability insurance – Liability coverage can cover damages or injuries you inflict on a person or their property. Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have values of 50/100/50 which stand for $50,000 bodily injury coverage, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000.

Liability can pay for things like medical expenses, court costs, structural damage and repair bills for other people’s vehicles. How much liability should you purchase? That is up to you, but you should buy higher limits if possible.

Comprehensive coverages – This pays for damage OTHER than collision with another vehicle or object. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive coverage pays for claims like hail damage, vandalism, damage from flooding and falling objects. The highest amount a car insurance company will pay at claim time is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Collision – Collision insurance pays to fix your vehicle from damage resulting from colliding with another car or object. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims like driving through your garage door, 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 vehicles that are 8 years or older. You can also increase the deductible in order to get cheaper collision rates.

Coverage for medical payments – Coverage for medical payments and/or PIP reimburse you for immediate expenses like chiropractic care, ambulance fees, X-ray expenses and rehabilitation expenses. They are utilized in addition to your health insurance plan or if you do not have health coverage. Coverage applies to all vehicle occupants and also covers being hit by a car walking across the street. Personal injury protection coverage is not available in all states and may carry a deductible

Uninsured and underinsured coverage – This coverage protects you and your vehicle’s occupants from other drivers when they either are underinsured or have no liability coverage at all. Covered claims include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Since a lot of drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.