View 2016 Honda HR-V Insurance Quotes

Shoppers have a choice when shopping for the best price on Honda HR-V insurance. They can either spend hours driving around to get rate comparisons or use the internet to compare rates.

There are more efficient ways to shop for insurance and we’ll show you the absolute fastest way to get price quotes on a Honda and find the lowest price from both online companies and local agents.

Pay less by taking advantage of discounts

The cost of insuring your cars can be expensive, but you can get discounts that can drop the cost substantially. Certain discounts will be applied at the time you complete a quote, but a few need to be requested specifically before they will apply. If they aren’t giving you every credit available, you are throwing money away.

  • Own a Home – Being a homeowner may earn you a small savings because of the fact that having a home is proof that your finances are in order.
  • Driver’s Ed – Require your teen driver to enroll in driver’s education in school.
  • Multiple Cars – Having all your vehicles on one policy qualifies for this discount.
  • Government Employees – Simply working for the federal government can save as much as 8% for HR-V insurance depending on your company.
  • Distant Student – Youth drivers who are attending college and do not have a car can receive lower rates.

It’s important to note that some credits don’t apply to the overall cost of the policy. Some only reduce the cost of specific coverages such as collision or personal injury protection. So when it seems like having all the discounts means you get insurance for free, it just doesn’t work that way. Any amount of discount will help reduce your premiums.

Car insurance companies that may offer these money-saving discounts may include but are not limited to:

Double check with every prospective company which discounts they offer. Some discounts may not apply in your area.

Factors determining your Honda HR-V insurance premium

An important part of buying insurance is that you know the rating factors that play a part in calculating your insurance coverage rates. Having a good understanding of what determines base rates helps enable you to make changes that will entitle you to better insurance coverage rates.

Shown below are some of the factors that factor into prices.

  • Always keep insurance in force – Driving without insurance is against the law and your next policy will cost more because you let your coverage have a gap. Not only will you pay more, but being ticketed for driving with no insurance might get you a steep fine or even jail time.You may have to prove you have insurance by filing a SR-22 with your state DMV.
  • Marriage brings a discount – Having a spouse can get you a discount on your policy. It means you’re more mature it has been statistically shown that married couples file fewer claims.
  • Men fork out a little more – The statistics show women tend to be less risk to insure than men. However, this does not mean men are worse drivers. Women and men tend to get into accidents in similar numbers, but the male of the species have costlier accidents. Men also tend to get cited for more serious violations like reckless driving and DUI. Male drivers age 16 to 19 are several times more likely to be in an accident and thus pay the highest rates.
  • Do you need the policy add-ons? – There are a lot of add-on coverages you can purchase when buying insurance coverage. Coverages for vanishing deductibles, better glass coverage and additional equipment coverage are examples of these. They may seem good when you first buy your policy, but now you might not need them so eliminate them to save money.

Your coverage should be tailored to you

When it comes to choosing proper insurance coverage for your personal vehicles, there isn’t really a “best” method to buy coverage. Everyone’s situation is unique.

For example, these questions may help highlight if your situation will benefit from professional help.

  • Do I have coverage when using my vehicle for my home business?
  • Should I carry comprehensive and collision coverage?
  • Is my vehicle covered by my employer’s policy when using it for work?
  • Will my rates increase for filing one claim?
  • Am I covered if I drive in a foreign country?
  • What is high-risk coverage and where do I buy it?

If you’re not sure about those questions but one or more may apply to you, you may need to chat with a licensed insurance agent. If you don’t have a local agent, fill out this quick form. It is quick, free and can help protect your family.

Auto insurance coverage options for a Honda HR-V

Having a good grasp of your auto insurance policy aids in choosing appropriate coverage at the best deductibles and correct limits. Auto insurance terms can be difficult to understand and even agents have difficulty translating policy wording.

Collision coverages – This coverage will pay to fix damage to your HR-V caused by collision with another vehicle or an object, but not an animal. You have to pay a deductible then your collision coverage will kick in.

Collision insurance covers things such as colliding with a tree, sustaining damage from a pot hole and driving through your garage door. This coverage can be expensive, so analyze the benefit of dropping coverage from older vehicles. You can also raise the deductible in order to get cheaper collision rates.

Liability insurance – This coverage will cover injuries or damage you cause to other’s property or people. This coverage protects you against claims from other people. It does not cover damage sustained by your vehicle in an accident.

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 100/300/100 that translate to $100,000 bodily injury coverage, a total of $300,000 of bodily injury coverage per accident, and $100,000 of coverage for damaged propery. Occasionally you may see one number which is a combined single limit which combines the three limits into one amount with no separate limits for injury or property damage.

Liability insurance covers claims such as structural damage, repair bills for other people’s vehicles, medical expenses and attorney fees. How much liability should you purchase? That is up to you, but it’s cheap coverage so purchase as much as you can afford.

Comprehensive coverage (or Other than Collision) – Comprehensive insurance coverage covers damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things such as hitting a deer, damage from a tornado or hurricane, hitting a bird and theft. The most a auto insurance company will pay at claim time 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.

Insurance for medical payments – Coverage for medical payments and/or PIP pay for bills like hospital visits, pain medications and dental work. The coverages can be utilized in addition to your health insurance plan or if you are not covered by health insurance. They cover you and your occupants in addition to getting struck while a pedestrian. Personal Injury Protection is only offered in select states but can be used in place of medical payments coverage

Uninsured Motorist or Underinsured Motorist insurance – Your UM/UIM coverage gives you protection when the “other guys” are uninsured or don’t have enough coverage. It can pay for injuries sustained by your vehicle’s occupants and damage to your Honda HR-V.

Since a lot of drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is a good idea. Most of the time these coverages are similar to your liability insurance amounts.

In Summary

We just covered many ways to shop for 2016 Honda HR-V insurance online. It’s most important to understand that the more companies you get rates for, the higher your chance of finding lower rates. Consumers could even find that the best price on insurance coverage is with a small local company.

Cheaper insurance can be found online as well as from independent agents, and you should compare price quotes from both so you have a total pricing picture. Some insurance companies don’t offer you the ability to get quotes online and most of the time these regional insurance providers sell through independent agents.

When buying insurance coverage, it’s not a good idea to skimp on critical coverages to save a buck or two. In many cases, an insured cut comprehensive coverage or liability limits only to regret at claim time they didn’t have enough coverage. The ultimate goal is to purchase a proper amount of coverage at an affordable rate, not the least amount of coverage.

Additional information can be found at the links below