Affordable Quotes for Honda CR-V Insurance in Irvine

Wish you could get out of overpriced Honda CR-V insurance in Irvine? It’s quite common and many Irvine consumers are in the same pinch.

Everyone knows that insurance companies don’t want you to compare rates. Insureds who shop around at least once a year will probably buy a different policy because there is a significant possibility of finding a lower-cost company. A recent survey found that people who make a habit of shopping around saved $865 a year compared to other drivers who never shopped around for cheaper prices.

If finding the most affordable car insurance is your ultimate goal, then learning about how to get rate quotes and compare cheaper coverage can save time, money, and frustration.

Big companies like Allstate and Progressive persitently shower you with TV and radio ads and it is difficult to see past the corporate glitz and find the best price available.

The fastest way that we advise to compare insurance rates from multiple companies utilizes the fact most of the larger companies provide online access to give rate comparisons. All you need to do is provide a small amount of information such as if it has an anti-theft system, your credit rating estimate, how many miles driven, and whether or not you need a SR-22. Your insurance information is automatically sent to many highly-rated insurers and you receive quotes quickly.

To get price quotes for your Honda CR-V now, click here and complete the quick form.

The providers in the list below are our best choices to provide free quotes in Irvine, CA. If multiple companies are listed, we recommend you visit two to three different companies to find the most affordable auto insurance rates.

Three good reasons to insure your vehicle

Despite the high insurance cost for a Honda CR-V in Irvine, maintaining insurance is required for several reasons.

• Just about all states have minimum liability requirements which means you are required to carry a minimum amount of liability insurance coverage if you want to drive legally. In California these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.
• If you bought your Honda with a loan, most banks will make it a condition of the loan that you buy full coverage to ensure the loan is repaid in case of a total loss. If you do not pay your insurance premiums, the bank may insure your Honda at an extremely high rate and require you to fork over for it.
• Insurance safeguards not only your Honda CR-V but also your assets. It will also reimburse you for most medical and hospital costs for not only you but also any passengers injured in an accident. Liability insurance, one of your policy coverages, also covers all legal expenses up to the policy limit if you are sued as the result of your driving. If damage is caused by hail or an accident, comprehensive and collision coverage will pay to repair the damage.

The benefits of carrying adequate insurance greatly outweigh the cost, particularly for liability claims. According to a 2015 survey, the average American driver overpays more than $865 each year so it’s recommended you shop around once a year at a minimum to help ensure money is not being wasted.

Insurance coverage analysis

The rate table shown next outlines estimates of insurance costs for Honda CR-V models. Having a better idea how car insurance prices are established can assist in making decisions on which coverage to buy.

Table data represents single female driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and California minimum liability limits. Discounts applied include multi-vehicle, homeowner, claim-free, safe-driver, and multi-policy. Estimates do not factor in specific location which can affect coverage prices noticeably.

Rate comparison for different deductibles

One frequently asked question is which deductible level should you buy. The rates below can help you understand the difference in cost between low and high deductibles. The first rate comparisons uses a $250 comprehensive and collision deductible and the second set of rates uses a $1,000 deductible.

Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include claim-free, homeowner, safe-driver, multi-vehicle, and multi-policy. Price information does not factor in the specific area where the vehicle is garaged which can increase or decrease coverage rates substantially.

Based on these figures, using a $250 deductible costs about $27 more each month or $324 each year averaged for all CR-V models than selecting the higher $1,000 deductible. Since the policyholder would be required to pay $750 more out of your own pocket with a $1,000 deductible as compared to a $250 deductible, if you have at least 28 months between claims, you would save more money going with the higher deductible.

Auto insurance rates based on gender

The example below shows the difference between Honda CR-V yearly insurance costs for male and female drivers. The rate quotes are based on no claims, a clean driving record, comprehensive and collision coverage, $500 deductibles, single status, and no discounts are factored in.

Full coverage versus liability only rates

The illustration below shows the difference between Honda CR-V insurance premiums with and without physical damage coverage. The data assumes no claims or driving violations, $100 deductibles, single status, and no discounts are applied.

When to stop paying for full coverage

There is no written rule to drop physical damage coverage, but there is a general guideline you can use. If the yearly cost for physical damage coverage is more than 10% of the replacement cost minus the deductible, then it might be time to consider dropping full coverage.

For example, let’s assume your Honda CR-V claim settlement value is $7,000 and you have $1,000 full coverage deductibles. If your vehicle is damaged in an accident, the most your company would pay you is $6,000 after the policy deductible has been paid. If you are paying over $600 annually for full coverage, then it may be the right time to buy liability only.

There are some circumstances where eliminating full coverage is not advised. If you haven’t paid off your loan, you have to maintain full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if your savings is not enough to buy a different vehicle in the even your car is totaled, you should maintain full coverage.

Lower rate quotes by taking advantage of discounts

Auto insurance can be pricey, but there could be available discounts that can help lower your rates. Certain discounts will be applied at the time you complete a quote, but some may not be applied and must be asked for before being credited.

• Save with More Vehicles Insured – Buying coverage for multiple cars or trucks on the same auto insurance policy could earn a price break for each car.
• No Claim Discounts – Insureds with no claims or accidents get the best auto insurance rates in comparison with frequent claim filers.
• Passive Restraint Discount – Factory options such as air bags may qualify for discounts of more than 20%.
• Auto/Life Discount – Not all insurance carriers offer life insurance, but some may give you a lower auto insurance rate if you buy auto and life insurance together.
• No Charge for an Accident – Not necessarily a discount, but some companies like Liberty Mutual, GEICO and Allstate will turn a blind eye to one accident before hitting you with a surcharge so long as you are claim-free for a certain period of time.
• Full Payment Discount – If you pay your entire premium ahead of time instead of making monthly payments you can actually save on your bill.
• ABS Brakes – Vehicles that have steering control and anti-lock brakes have fewer accidents so you can save 10 percent or more.

Please keep in mind that most discounts do not apply to all coverage premiums. Most only reduce the cost of specific coverages such as medical payments or collision. Just because it seems like adding up those discounts means a free policy, nobody gets a free ride. Any qualifying discounts should help lower the premium cost.

The example below illustrates the comparison of Honda CR-V insurance costs with and without discounts. The data is based on a male driver, no claims or driving citations, California state minimum liability limits, full physical damage coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, multi-car, multi-policy, homeowner, claim-free, and safe-driver discounts applied.

Companies that may include these money-saving discounts include:

• Esurance
• The Hartford
• AAA
• GEICO
• State Farm

When comparing rates, check with every prospective company to apply every possible discount. All car insurance discounts may not apply to policyholders in your state.

Best auto insurance in Irvine

Finding the right insurer is difficult considering how many different companies there are to choose from in California. The company information shown next may help you choose which car insurance providers to look at comparing prices from.