2017 Honda HR-V Insurance Rates

Looking for lower insurance coverage rates for your Honda HR-V? Pretty sure you bought an overpriced insurance coverage policy? It’s quite common and many drivers feel the same as you.

You have multiple car insurance companies to pick from, and although it’s a good thing to have multiple companies, more options can take longer to locate the cheapest rates.

Choosing the best insurance company for you is not rocket science. Just about everyone who carries insurance coverage will be able to find better rates. Although vehicle owners do need to know how insurance companies market insurance on the web and use this information to your advantage.

Cheapest insurance price quotes

When comparison shopping, there are several ways of comparing rate quotes from all the different companies. The simplest method to compare Honda HR-V insurance prices involves getting comparison quotes online. This is very easy and can be done using a couple different methods.

The fastest way to find the lowest comparison rates would be an industry-wide quote request form click here to open form in new window. This style of form eliminates the need for a different quote for each company you want a rate for. One simple form will return quotes direct from many companies.

A different way to find lower rates is going to the website of each company to request a price quote. For examples sake, we’ll pretend you want rates from State Farm, Farmers and Allstate. To get each rate you have to navigate to each company’s site and repeatedly type in your coverage information, which explains why we recommend starting with the first method.

To view a list of companies in your area, click here.

The old school way to find lower rates is actually driving to different agent offices. Quoting online makes this unnecessary unless your situation requires the trained advice that only a licensed agent can provide. Drivers can comparison shop online but buy the policy through an agent.

It’s up to you how you get prices quotes, just make sure you are using apples-to-apples quote data on every quote you get. If the quotes have higher or lower deductibles it will be nearly impossible to determine which rate is truly the best. Just slight variations in coverages could mean much higher rates. Just keep in mind that quoting more gives you a better chance of getting lower pricing. Some insurance companies are not set up to provide online price quotes, so it’s important to compare quotes from those companies as well.

The ad said I’d save $387 a year!

Respected companies like Allstate and Progressive regularly use ads on television and other media. They all seem to advertise claims that you’ll save big if you just switch your auto insurance policy to them. How does each company charge less that you’re paying now?

Most companies have specific guidelines for the type of customer that will not have excessive claims. An example of a desirable insured could possibly be between 30 and 50, owns a home, and drives less than 10,000 miles a year. A driver that matches those criteria will get the preferred rates as well as cut their rates if they switch.

People who don’t meet the ideal profile must pay a more expensive rate and the customer buying from someone else. If you pay attention, the ads say “drivers that switch” not “everybody who quotes” save that much money. That is how companies can make the claims of big savings. Because each company has a different risk profile, you really should compare price quotes frequently. It is impossible to guess which company will have the best rates at this point in time.

Are you getting every discount?

Insurance can be pricey, but you may find discounts to cut the cost considerably. Some of these disounts will be visible at the time of quoting, but a few must be specifically requested before you will receive the discount.

  • Early Signing – Some larger companies provide a discount for switching to them early. This can save 10% or more.
  • Early Payment Discounts – If you pay your entire premium ahead of time instead of paying each month you can avoid monthly service charges.
  • Buy New and Save – Buying coverage on a new vehicle can cost up to 25% less because newer models keep occupants safer.
  • Safe Drivers – Insureds without accidents may receive a discount up to 45% for HR-V coverage than drivers with accidents.
  • Discounts for Multiple Vehicles – Having more than one vehicle on one policy could earn a price break for each car.
  • Telematics Data Discounts – People who choose to allow their company to look at where and when they drive through the use of a telematics system like Allstate’s Drivewise might get better premium rates if they exhibit good driving behavior.
  • Discount for Passive Restraints – Factory air bags or automatic seat belts may earn rate discounts up to 30%.
  • Student Driver Training – Reduce the cost of insurance for teen drivers by having them enroll and complete driver’s education as it will make them better drivers and lower rates.
  • Lower Rates for Military – Being on active duty in the military may lower your insurance rates slightly.

One thing to note about discounts is that some credits don’t apply to all coverage premiums. Most cut the cost of specific coverages such as medical payments or collision. So when the math indicates it’s possible to get free car insurance, you aren’t that lucky.

A list of insurance companies and their offered discounts are detailed below.

  • Farm Bureau may have discounts that include 55 and retired, safe driver, multi-policy, multi-vehicle, driver training, and good student.
  • MetLife policyholders can earn discounts including defensive driver, accident-free, multi-policy, good student, and good driver.
  • Progressive offers premium reductions for continuous coverage, multi-vehicle, online signing, homeowner, online quote discount, and good student.
  • AAA may offer discounts for education and occupation, multi-policy, good student, anti-theft, AAA membership discount, multi-car, and pay-in-full.
  • American Family includes discounts for accident-free, good student, good driver, early bird, mySafetyValet, and defensive driver.
  • Geico discounts include military active duty, daytime running lights, five-year accident-free, defensive driver, and air bags.
  • State Farm may include discounts for Drive Safe & Save, good student, passive restraint, safe vehicle, and Steer Clear safe driver discount.

Double check with every prospective company the best way to save money. All car insurance discounts might not apply in your area. If you would like to view insurance companies offering insurance discounts, follow this link.

When in doubt talk to an agent

When buying proper insurance coverage for your vehicles, there isn’t really a one size fits all plan. Everyone’s situation is unique and a cookie cutter policy won’t apply. These are some specific questions can aid in determining whether you will benefit from professional help.

  • Do I really need UM/UIM coverage?
  • Am I covered when driving a rental car?
  • Am I covered if I hit my neighbor’s mailbox?
  • If my 2017 Honda HR-V is totaled, can I afford another vehicle?
  • Does coverage extend to Mexico or Canada?
  • Do I need rental car coverage?
  • Is my dog or cat covered if injured in an accident?

If you can’t answer these questions but a few of them apply, you might consider talking to an insurance agent. To find lower rates from a local agent, take a second and complete this form or go to this page to view a list of companies.

Auto insurance 101

Understanding the coverages of insurance helps when choosing the right coverages and proper limits and deductibles. Policy terminology can be difficult to understand and reading a policy is terribly boring. These are typical coverage types offered by insurance companies.

Comprehensive or Other Than Collision

This will pay to fix damage OTHER than collision with another vehicle or object. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive insurance covers things like a tree branch falling on your vehicle, vandalism, falling objects, theft and fire damage. The most a insurance company will pay at claim time is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

UM/UIM Coverage

Your UM/UIM coverage gives you protection from other drivers when they either are underinsured or have no liability coverage at all. This coverage pays for hospital bills for your injuries as well as damage to your Honda HR-V.

Due to the fact that many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is a good idea.

Coverage for liability

Liability coverage protects you from damage that occurs to other’s property or people that is your fault. It protects YOU from legal claims by others, and does not provide coverage for your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. Your policy might show limits of 100/300/100 that means you have $100,000 in coverage for each person’s injuries, $300,000 for the entire accident, and property damage coverage for $100,000.

Liability can pay for things such as bail bonds, structural damage and pain and suffering. How much liability should you purchase? That is up to you, but consider buying as much as you can afford.

Auto collision coverage

Collision coverage pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You will need to pay your deductible and then insurance will cover the remainder.

Collision coverage protects against claims like scraping a guard rail, hitting a parking meter, colliding with a tree and crashing into a building. Paying for collision coverage can be pricey, so consider dropping it from older vehicles. Another option is to raise the deductible to save money on collision insurance.

Medical costs insurance

Medical payments and Personal Injury Protection insurance kick in for short-term medical expenses like hospital visits, pain medications, prosthetic devices and EMT expenses. They can be used in conjunction with a health insurance policy or if you do not have health coverage. It covers both the driver and occupants in addition to getting struck while a pedestrian. PIP coverage is not available in all states and may carry a deductible

Buy online or local, you save

As you prepare to switch companies, it’s not a good idea to buy less coverage just to save a little money. Too many times, someone dropped uninsured motorist or liability limits only to regret at claim time that the small savings ended up costing them much more. Your goal is to buy a smart amount of coverage at the best possible price while not skimping on critical coverages.

Throughout this article, we presented some good ideas how to reduce 2017 Honda HR-V insurance premium rates online. It’s most important to understand that the more rate quotes you have, the better your comparison will be. Consumers may even find the most savings is with a small mutual company. These companies may often insure only within specific states and give getter rates than their larger competitors like Progressive and Geico.

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