Save on 2016 Honda HR-V Insurance Quotes

Buyers have a choice when searching for the lowest priced Honda HR-V insurance. They can either spend hours contacting agents to compare prices or use the internet to compare rates. There are more efficient ways to compare insurance coverage rates so we’re going to tell you the quickest way to get price quotes on a Honda and find the lowest price from both online companies and local agents.

If you have a policy now or are looking for a new policy, you can learn to find better prices and possibly find even better coverage. The purpose of this post is to introduce you to how to get online quotes and some money-saving tips. Drivers just need to know the tricks to compare price quotes online.

Take advantage of every car insurance discount

The price of auto insurance can be rather high, but you may find discounts that you may not even be aware of. A few discounts will automatically apply when you purchase, but a few must be specifically requested before being credited.

  • Bundled Policy Discount – When you combine your homeowners and auto insurance with the same company you could earn a discount of nearly 15% which can help you find inexpensive insurance coverage.
  • Good Student Discount – Getting good grades could provide a savings of up to 20% or more. Many companies even apply the discount to college students until age 25.
  • Discounts for New Vehicles – Adding a new car to your policy can save you some money compared to insuring an older model.
  • Multi-car Discount – Having multiple vehicles on one policy can get a discount on all vehicles.
  • Federal Government Employee – Simply working for the federal government could qualify for a slight premium decrease on HR-V coverage with a few car insurance companies.

Drivers should understand that many deductions do not apply to the overall cost of the policy. Some only reduce individual premiums such as medical payments or collision. So despite the fact that it appears having all the discounts means you get insurance for free, nobody gets a free ride.

Some of the larger companies that possibly offer most of the discounts above include:

When quoting, ask all the companies which credits you are entitled to. Some of the earlier mentioned discounts might not be offered in your area. To see a list of car insurance companies with significant discounts, click here to view.

The cheapest car insurance price quotes

Getting a low cost price on 2016 Honda HR-V insurance can be relatively painless. Drivers just need to spend a little time to compare free insurance coverage quotes online from several insurance companies. This is very easy and can be done in just a few minutes using one of these methods.

  1. One of the fastest ways consumers can analyze rates is a comparison rater form click here to open form in new window. This quick form prevents you from having to do separate quotes for each company. Filling out one form gets you price quotes from multiple companies. This is by far the quickest method.
  2. A harder way to find better pricing requires visiting each individual company website and request a quote. For sake of this example, we’ll assume you want to get rates from Farmers, State Farm and American Family. To find out each rate you need to visit each site and repeatedly type in your coverage information, which is why most consumers use the first method.

    For a list of companies in your area, click here.

Whichever way you use, ensure you’re using exactly the same coverage data with every price quote. If the quotes have higher or lower deductibles it’s not possible to get a fair rate comparison.

Smart choices result in lower insurance premiums

Consumers need to have an understanding of the rating factors that help calculate your premiums. If you understand what determines premiums, this allows you to make educated decisions that may result in lower rates.

The items below are some of the most common factors that factor into premiums.

  • Where do you drive? – Driving a lot of miles in a year the higher the price you pay to insure it. Many insurance companies apply a rate partially by how you use the vehicle. Cars that have low annual miles get more affordable rates compared to those used for work or business. Double check that your vehicle rating shows the correct driver usage, because it can save money. Improper usage on your HR-V may be costing you.
  • Save money with higher coverage deductibles – Physical damage coverage, also called ‘full coverage’, covers your vehicle from damage. Examples of covered claims are a broken windshield, damage from fire, and burglary. The deductibles are how much you are willing to pay out-of-pocket before your car insurance pays a claim. The more of the claim you have to pay, the bigger discount you will receive on HR-V coverage.
  • Marriage reduces risk – Having a spouse may earn you lower rates on your car insurance policy. Having a significant other means you’re more mature and responsible and statistics show being married results in fewer claims.
  • Your vocation is a factor – Careers such as lawyers, business owners and accountants have higher rates than average attributed to high stress and long work hours. On the flip side, careers like farmers, athletes and homemakers have the lowest average rates on HR-V coverage.
  • Liability coverage risk factors in – A critical coverage on your policy, liability insurance is the coverage that protects you when a court rules you are at fault for causing personal injury or damage in an accident. Your policy’s liability insurance provides you with a defense in court which can cost a lot. This coverage is relatively inexpensive when compared with rates for comp and collision, so buy as much as you can afford.
  • Premiums are affected by your credit rating – Credit score will be a significant factor in determining what you pay for car insurance. If your credit rating is low, you may save money insuring your 2016 Honda HR-V if you improve your credit rating. Insureds that have high credit scores tend to be better drivers and file fewer claims than those with lower ratings.

How to know if you need help

When choosing proper insurance coverage for your personal vehicles, there is no “best” method to buy coverage. Each situation is unique.

For example, these questions might help in determining if you may require specific advice.

  • Is business property covered if stolen from my car?
  • Do I benefit by insuring my home with the same company?
  • Am I covered when delivering products for my home-based business?
  • When should I not file a claim?
  • Will my insurance pay for OEM parts?
  • When can I cancel my policy?
  • Does my 2016 Honda HR-V qualify for pleasure use?
  • What should my uninsured motorist coverage limits be in my state?
  • Is upholstery damage covered by car insurance?

If you’re not sure about those questions but one or more may apply to you, then you may want to think about talking to a licensed insurance agent. If you want to speak to an agent in your area, take a second and complete this form. It’s fast, doesn’t cost anything and you can get the answers you need.

Car insurance coverage breakdown

Having a good grasp of your policy can be of help when determining appropriate coverage 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.

Comprehensive car insurance – This pays for damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage pays for things like falling objects, a broken windshield, hail damage, theft and rock chips in glass. The most a car insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle’s value is low consider dropping full coverage.

Coverage for uninsured or underinsured drivers – This coverage gives you protection when other motorists either have no liability insurance or not enough. This coverage pays for medical payments for you and your occupants and damage to your Honda HR-V.

Because many people have only the minimum liability required by law, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is very important.

Coverage for liability – This can cover damage that occurs to a person or their property that is your fault. This insurance protects YOU from claims by other people, and doesn’t cover your injuries or vehicle damage.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have values of 25/50/25 that translate to a limit of $25,000 per injured person, a limit of $50,000 in injury protection per accident, and a total limit of $25,000 for damage to vehicles and property.

Liability coverage pays for claims such as medical services, loss of income and repair costs for stationary objects. The amount of liability coverage you purchase is up to you, but it’s cheap coverage so purchase as large an amount as possible.

Coverage for medical expenses – Med pay and PIP coverage provide coverage for bills such as surgery, dental work, chiropractic care and rehabilitation expenses. They are often used in conjunction with a health insurance plan or if you are not covered by health insurance. It covers not only the driver but also the vehicle occupants in addition to any family member struck as a pedestrian. PIP coverage is only offered in select states and gives slightly broader coverage than med pay

Collision – This will pay to fix damage to your HR-V from colliding with an object or car. You first must pay a deductible then your collision coverage will kick in.

Collision can pay for claims like hitting a parking meter, damaging your car on a curb, colliding with a tree, hitting a mailbox and backing into a parked car. This coverage can be expensive, so consider dropping it from lower value vehicles. Another option is to bump up the deductible to get cheaper collision coverage.

Be Smart and Buy Smart

Budget-conscious 2016 Honda HR-V insurance is available on the web in addition to many insurance agents, so you should be comparing quotes from both to have the best chance of lowering rates. Some auto insurance companies may not have rate quotes online and usually these regional insurance providers sell through independent agents.

Drivers change insurance companies for a variety of reasons including questionable increases in premium, unfair underwriting practices, delays in responding to claim requests or even high rates after DUI convictions. Regardless of your reason for switching companies, finding the right auto insurance provider is not as hard as you think.

When you buy insurance coverage online, do not skimp on critical coverages to save a buck or two. There have been many situations where an insured dropped liability limits or collision coverage and found out when filing a claim that it was a big mistake. Your objective should be to purchase plenty of coverage at an affordable rate but still have enough coverage for asset protection.

Even more information can be found by following these links: