Insurance for Honda CR-VWant to know an easy way to compare more affordable Honda CR-V insurance in Orlando? Finding cheap coverage rates for Honda CR-V insurance in Orlando can seem to be a challenge for drivers who are beginners to online rate comparisons. Drivers have so many choices that it can quickly become more work than you anticipated to lower your prices on Honda CR-V insurance.

Shockingly, most consumers have remained with the same car insurance company for at least four years, and nearly 40% of drivers have never compared quotes from other companies. With the average car insurance premium being $2,158, Orlando drivers can save about 55% each year, but they just don't understand the actual amount they would save if they switched to a cheaper policy.

Affordable companies for Honda CR-V insurance in Florida

The companies shown below can provide price comparisons in Florida. If you want to find cheaper car insurance in Florida, we recommend you click on several of them in order to find the lowest rates.

Honda CR-V Insurance Price Estimates in Orlando, FL
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
CR-V LX 2WD $270 $504 $460 $28 $138 $1,400 $117
CR-V EX 2WD $242 $438 $400 $24 $120 $1,224 $102
CR-V LX 4WD $244 $452 $340 $20 $102 $1,158 $97
CR-V EX 4WD $226 $280 $464 $28 $140 $1,138 $95
CR-V EX-L 2WD $322 $446 $354 $20 $106 $1,248 $104
CR-V EX-L 4WD $368 $446 $464 $28 $140 $1,446 $121
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Data rating is based on single male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Florida minimum liability limits. Discounts applied include safe-driver, multi-policy, claim-free, homeowner, and multi-vehicle. Price information does not factor in garaging location in Orlando which can decrease or increase coverage rates considerably.

Policy deductible comparison

One frequently asked question is how high should the deductibles for physical damage be. The premium rates below show the differences in premium rates when you choose different comp and collision deductibles. The first data set uses a $100 comprehensive and collision deductible and the second set of rates uses a $500 deductible.

Honda CR-V insurance policy rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
CR-V LX 2WD $312 $532 $354 $20 $106 $1,349 $112
CR-V EX 2WD $312 $532 $354 $20 $106 $1,349 $112
CR-V LX 4WD $312 $532 $354 $20 $106 $1,349 $112
CR-V EX 4WD $358 $532 $354 $20 $106 $1,395 $116
CR-V EX-L 2WD $358 $532 $354 $20 $106 $1,395 $116
CR-V EX-L 4WD $358 $532 $354 $20 $106 $1,395 $116
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Honda CR-V insurance policy rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
CR-V LX 2WD $228 $360 $354 $20 $106 $1,068 $89
CR-V EX 2WD $228 $360 $354 $20 $106 $1,068 $89
CR-V LX 4WD $228 $360 $354 $20 $106 $1,068 $89
CR-V EX 4WD $262 $360 $354 $20 $106 $1,102 $92
CR-V EX-L 2WD $262 $360 $354 $20 $106 $1,102 $92
CR-V EX-L 4WD $262 $360 $354 $20 $106 $1,102 $92
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Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Florida minimum liability limits. Discounts applied include claim-free, safe-driver, homeowner, multi-vehicle, and multi-policy. Premium amounts do not factor in specific zip code location which can impact insurance rates greatly.

We can derive from the above data that using a $100 deductible costs roughly $23 more each month or $276 every year than opting for the higher $500 deductible. Because you would pay $400 more to settle a claim with a $500 deductible as compared to a $100 deductible, if you average at least 17 months between claims, you would come out ahead if you choose the higher deductible.

How to determine when to raise deductibles

Average monthly premium for $100 deductibles: $114
Average monthly premium for $500 deductibles (subtract): - $91
Monthly savings from raising deductible: $23
Difference between deductibles ($500 - $100): $400
Divide difference by monthly savings: $400 / $23
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 17 months

One thing to note is that increasing deductibles to lower your rates means you will have to cover more of the damage yourself when you have a physical damage claim. You need to make sure you have some money saved in the event you have to pay more for the deductible.

Orlando Insurance Prices are Influenced by These Factors

One of the most helpful ways to save on auto insurance is to to have a grasp of some of the factors that aid in calculating your policy premiums. When consumers understand what positively or negatively impacts your premiums, this allows you to make educated decisions that may reward you with cheaper rates.

The following are some of the most common factors auto insurance companies consider when setting your prices.

Your liability limits - Liability insurance will protect you when you are found to be at fault for damages caused by your negligence. It provides legal defense coverage which can cost a lot. It is affordable coverage compared to other policy coverages, so do not skimp.

Rates can drop if you have more than one policy - The majority of insurers will give better rates to buyers who have multiple policies with them in the form of a multi-policy discount. Even with this discount, consumers should still check prices from other companies to confirm you are receiving the best rates possible.

Get a ticket, pay higher premiums - Even one driving citation may cause rates to rise twenty percent or more. Drivers with clean records get better prices than their less careful counterparts. Drivers who have received serious violations like DUI or willful reckless driving are required to file a proof of financial responsibility form (SR-22) with the DMV in their state in order to legally drive.

Consider raising coverage deductibles - Physical damage deductibles are the amount of money you are required to spend if you file a covered claim. Physical damage insurance, commonly called comprehensive (or other-than-collision) and collision coverage, covers damage that occurs to your car. Some examples of covered claims are collision with another vehicle, damage caused by hail, and having a roll-over accident. The larger the amount you are required to pay out-of-pocket, the less your auto insurance will be.

Use but don't abuse your insurance - If you're an insured who likes to file claims you can look forward to much higher rates or policy non-renewal. Car insurance companies in Florida award lower rates to insureds that do not abuse their auto insurance. Auto insurance is intended to be relied upon for the bigger claims that can't be paid out-of-pocket.

Honda CR-V claim data - Insurers analyze past claim statistics to help determine rates. Models that tend to have high amounts or severity of claims will cost more for specific coverages. The table shown below demonstrates the actual insurance loss data for Honda CR-V vehicles.

For each policy coverage, the claim probability for all vehicles compiled together is equal to 100. Values below 100 indicate better than average losses, while values over 100 point to more claims or larger claims.

Insurance Loss Ratings for Honda CR-V Vehicles

Vehicle Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Honda CR-V 4dr 2WD 68 81 58 93 86 77
Honda CR-V 4dr 4WD 69 82 69 90 87 78
BETTER
AVERAGE
WORSE

Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Save money with these discounts

Car insurance is not inexpensive, but you may be missing some discounts that you may not know about. Some trigger automatically when you get a quote, but some discounts are required to be manually applied before you will receive the discount. If they aren't giving you every credit possible, it's possible you qualify for a lower rate.Car insurance discounts

Please keep in mind that some of the credits will not apply to your bottom line cost. The majority will only reduce the cost of specific coverages such as comprehensive or collision. So when the math indicates it's possible to get free car insurance, you're out of luck.

Companies who might offer some of the above discounts include:

Before you buy a policy, ask each company how you can save money. Some credits may not apply in every state. For a list of insurance companies that offer discounts in Orlando, click this link.

When should I talk to an insurance agency?

A lot of people just want to buy from a licensed agent. The biggest benefit of comparing rates online is the fact that you can find cheaper rates but also keep your business local. And buying from local insurance agents is still important in Orlando.

Find insurance agent in OrlandoUpon completion of this quick form, your insurance coverage information is emailed to companies in Orlando who will give competitive quotes for your insurance coverage. There is no reason to search for any insurance agencies since price quotes are sent directly to your email. You can find lower rates and an insurance agent to talk to. If you wish to compare rates from one company in particular, feel free to visit that company's website and fill out the quote form the provide.

If you are wanting to purchase insurance from a reliable insurance agency, you must know there are a couple types of agencies and how they function. Insurance agents are categorized either independent agents or exclusive agents.

Independent Agents

These type of agents can quote rates with many companies so they can insure your vehicles through many companies and possibly get better coverage at lower prices. If you want to switch companies, your policy is moved internally which makes it simple for you.

If you are comparing insurance prices, you absolutely need to get insurance quotes from at least one independent agent in order to have the best price comparison. Many can place coverage with smaller companies which may provide better rates.

Below are Orlando independent insurance agencies who can help you get free rate quotes.

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Exclusive Insurance Agencies

These agents work for only one company and some examples include AAA, State Farm, Farmers Insurance, and Allstate. Exclusive agents are unable to shop your coverage around so it's a take it or leave it situation. Exclusive agencies are well schooled in insurance sales which can be an advantage. Drivers often buy insurance from these agents partially due to the brand rather than having low rates.

Listed below is a list of exclusive insurance agencies in Orlando that are able to give price quotes.

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Choosing the best car insurance agent needs to be determined by more than just the price. Before buying a policy in Orlando, get answers to these questions.

Special considerations

When it comes to choosing a policy, there isn't really a one-size-fits-all type of policy. Your needs are unique to you.Drive safe and save

Here are some questions about coverages that could help you determine whether or not you might need an agent's assistance.

If you don't know the answers to these questions, you might consider talking to a licensed agent. If you want to speak to an agent in your area, simply complete this short form.

More quotes mean more car insurance savings

Consumers change insurance companies for any number of reasons including being labeled a high risk driver, delays in responding to claim requests, lack of trust in their agent or unfair underwriting practices. It doesn't matter what your reason, switching car insurance companies can be easier than you think.

Throughout this article, we presented some good ideas how to find cheaper Honda CR-V insurance in Orlando. It's most important to understand that the more quotes you get, the better your chances of lowering your rates. You may even discover the best price on car insurance is with a smaller regional carrier.

Some insurance companies may not offer rate quotes online and most of the time these regional insurance providers sell through independent agents. More affordable car insurance in Orlando is definitely available from both online companies and with local Orlando insurance agents, and you should compare rates from both so you have a total pricing picture.

Additional car insurance information can be read at these links: