Has it been a year or more since you last compared quotes for more affordable insurance rates in Cincinnati, OH? Cincinnati drivers have options when trying to find the best price on Honda CR-V insurance. You can either spend your time contacting agents to compare prices or leverage the internet to make rate comparisons. There are more efficient ways to find insurance online and you need to know the quickest way to compare rates for a new or used Honda and get the lowest possible price from both online companies and Cincinnati agents.
Consumers should take time to compare rates as often as possible due to the fact that insurance prices are variable and change quite frequently. Even if you think you had the lowest quotes on Honda CR-V insurance in Cincinnati last year you can probably find a lower rate today. Forget all the misinformation about insurance because you're about to find out the best way to find the best coverage while lowering your premiums.
Cheap Honda CR-V insurance in Cincinnati
Companies that sell car insurance don't list the entire discount list very well, so here is a list both well-publicized as well as some of the hidden credits that you can use to lower your rates.
- Fewer Miles Equal More Savings - Driving less may allow you to get substantially lower prices.
- Accident Forgiveness Coverage - This isn't a discount exactly, but some insurance companies permit an accident without raising rates so long as you haven't had any claims prior to the accident.
- Discounts for Cautious Drivers - Insureds without accidents may save up to 50% more as compared to drivers with claims.
- Anti-lock Brake Discount - Cars, trucks, and SUVs that have steering control and anti-lock brakes are safer to drive so you can save 10 percent or more.
- Pay Upfront and Save - By paying your policy upfront instead of making monthly payments you can actually save on your bill.
- No Claims - Drivers with accident-free driving histories can save substantially when compared with bad drivers.
- Driver Education Discount - Cut your cost by having your teen driver participate in a local driver's education class if offered at their school.
- Discounts for Federal Employees - Employees or retirees of the government may reduce rates when you quote Cincinnati auto insurance with select insurance companies.
Drivers should understand that some credits don't apply to the entire cost. Most cut specific coverage prices like comprehensive or collision. Just because it seems like adding up those discounts means a free policy, that's just not realistic.
A few companies who may offer these benefits may include but are not limited to:
When getting a coverage quote, ask all the companies what discounts are available to you. All car insurance discounts may not be available in every state. To view insurers that offer some of these discounts in Ohio, click here to view.
Shop Honda CR-V insurance online
Finding a lower price on Honda CR-V insurance is pretty simple and can save money. The only thing you need to do is take a couple of minutes comparing free Cincinnati auto insurance quotes provided by online insurance companies.
The companies shown below offer comparison quotes in Ohio. If more than one company is shown, it's highly recommended you visit two to three different companies in order to get a fair rate comparison.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|CR-V LX 2WD||$132||$240||$182||$10||$54||$618||$52|
|CR-V EX 2WD||$132||$238||$218||$12||$66||$666||$56|
|CR-V LX 4WD||$82||$158||$218||$12||$66||$536||$45|
|CR-V EX 4WD||$216||$356||$260||$16||$78||$926||$77|
|CR-V EX-L 2WD||$168||$284||$202||$12||$60||$726||$61|
|CR-V EX-L 4WD||$120||$188||$260||$16||$78||$662||$55|
|Get Your Own Custom Quote Go|
Data variables include single female driver age 30, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Ohio minimum liability limits. Discounts applied include safe-driver, claim-free, multi-vehicle, multi-policy, and homeowner. Information does not factor in the specific area where the vehicle is garaged which can decrease or increase auto insurance rates considerably.
Rate difference between full and liability-only coverage
The example below visualizes the comparison of Honda CR-V car insurance costs with full coverage and liability only. The prices are based on no accidents, no driving violations, $100 deductibles, married female driver, and no policy discounts are applied.
When to stop paying for full coverage
There isn't a written rule to stop paying for physical damage insurance, but there is a guideline you can consider. If the annual cost of your full coverage insurance is about 10% or more of the settlement you would receive from your company, then you might consider buying liability only.
For example, let's say your Honda CR-V replacement value is $7,000 and you have $1,000 deductibles. If your vehicle is severely damaged, you would only receive $6,000 after the deductible is paid. If you are currently paying more than $600 a year to have full coverage, then you might consider buying liability only.
There are some scenarios where removing full coverage is not financially feasible. If you haven't paid off your loan, you have to keep full coverage to protect the lienholder's interest. Also, if your finances do not allow you to purchase a different vehicle in the event your current vehicle is totaled, you should keep full coverage in place.
There's no such thing as the perfect insurance policy
Keep in mind that when it comes to choosing coverage online or from an agent, there is no cookie cutter policy. Your needs are not the same as everyone else's and your insurance should unique, too. These are some specific questions can help discover if your situation might need professional guidance.
- Does my insurance cover damage caused when ticketed for reckless driving?
- How much liability insurance is required?
- What policy terms are available?
- How do I buy GAP insurance?
- Am I covered if hit by an uninsured driver?
- I have good health insurance, so how much medical payments coverage do I need?
- How many claims can I have before being canceled?
- What is motorclub and do I need it?
If you can't answer these questions, you may need to chat with an insurance agent. To find lower rates from a local agent, fill out this quick form or go to this page to view a list of companies. It only takes a few minutes and you can get the answers you need.
Shop online but buy locally
A small number of people would prefer to talk to a local agent and that is a smart decision Most agents can help determine the best coverages and help submit paperwork. The biggest benefit of comparing insurance prices online is you may find better rates and still have an agent to talk to.
Once you complete this form (opens in new window), your insurance data is instantly submitted to local insurance agents who want to provide quotes for your insurance coverage. You won't even need to even leave your home since price quotes are sent immediately to you. If you wish to get a price quote from a specific insurance company, you just need to find their quoting web page to submit a rate quote request.
Choosing an company shouldn't rely on just the quoted price. Here are some questions to ask:
- Do they offer claims assistance after hours?
- Do they receive special compensation for putting your coverage with one company over another?
- Will you work with the agent or an assistant?
- Who are their largest clients?
- Can glass repairs be made at your home?
- Is the agency active in community causes in Cincinnati?
- If you have an accident, are you able to get your vehicle repaired at the shop of your choice?
- Are they primarily personal or commercial lines agents in Cincinnati?
Exclusive and independent Cincinnati auto insurance agents
If you want to use a reliable agent, it's important to understand the types of insurance agents and how they can service your needs differently. Cincinnati agents can either be independent agents or exclusive agents depending on their employer. Either one can provide insurance policies, but it's a good idea to understand how they differ since it could factor into which type of agent you select.
Exclusive Insurance Agents
Exclusive agencies can only place business with one company like State Farm, AAA, Farmers Insurance or Allstate. Exclusive agencies are unable to compare other company's rates so they really need to provide good service. These agents are usually well trained in insurance sales which helps offset the inability to provide other markets. Some consumers prefer to purchase coverage from exclusives partially due to the prominence of the brand rather than having low rates.
Listed below is a list of exclusive insurance agencies in Cincinnati who may provide you with price quotes.
- Bob Donnelly - State Farm Insurance Agent
2063 Beechmont Ave - Cincinnati, OH 45230 - (513) 231-4975 - View Map
- Rick Brown - State Farm Insurance Agent
3593 Westwood Northern Blvd - Cincinnati, OH 45211 - (513) 662-3593 - View Map
- Mark Redmond - State Farm Insurance Agent
7225 Colerain Ave Ste 202 - Cincinnati, OH 45239 - (513) 221-7836 - View Map
Independent Agents (or Brokers)
Agents that choose to be independent do not write with just one company so as a result can place your coverage with many different companies and find the cheapest insurance rates. To transfer your coverage to a different company, an independent agent can move your coverage and the insured can keep the same agent. When shopping rates, we highly recommend that you include several independent insurance agents for maximum quote selection. Most also have access to small regional insurance companies which can be an advantage.
Below are Cincinnati independent agencies willing to provide rate quotes.
- Brodbeck Porter Agency
7249 Beechmont Ave - Cincinnati, OH 45230 - (513) 624-0900 - View Map
- Dempsey and Siders Insurance Agency
6725 Miami Ave #102 - Cincinnati, OH 45243 - (513) 891-4400 - View Map
- Zimmer Insurance Agency
2148 Gilbert Ave - Cincinnati, OH 45206 - (513) 381-1919 - View Map
Why you need quality insurance for your Honda CR-V
Even though it's not necessarily cheap to insure a Honda in Cincinnati, paying for auto insurance is most likely required but also gives you several important benefits.
- Most states have mandatory liability insurance requirements which means you are required to carry specific limits of liability insurance coverage in order to be legal. In Ohio these limits are 25/50/25 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
- If your Honda has a loan, more than likely the lender will make it a condition of the loan that you have insurance to ensure loan repayment if the vehicle is totalled. If coverage lapses or is canceled, the bank will be required to insure your Honda for a lot more money and require you to fork over much more than you were paying before.
- Auto insurance preserves not only your vehicle but also your assets. Insurance will pay for most medical and hospital costs for not only you but also any passengers injured in an accident. As part of your policy, liability insurance will also pay attorney fees if you are sued as the result of your driving. If damage is caused by hail or an accident, comprehensive (other-than-collision) and collision coverage will cover the repair costs.
The benefits of having insurance definitely exceed the cost, especially when you need to use it. Unknowingly, the average driver overpays more than $810 a year so you should quote your policy with other companies each time the policy renews to ensure rates are competitive.
The coverage is in the details
Learning about specific coverages of your policy helps when choosing the best coverages for your vehicles. Policy terminology can be impossible to understand and nobody wants to actually read their policy. Shown next are typical coverages offered by auto insurance companies.
Uninsured/Underinsured Motorist coverage - Uninsured or Underinsured Motorist coverage gives you protection from other drivers when they do not carry enough liability coverage. Covered losses include injuries sustained by your vehicle's occupants as well as damage to your Honda CR-V.
Since many Ohio drivers only purchase the least amount of liability that is required (25/50/25 in Ohio), their limits can quickly be used up. This is the reason having UM/UIM coverage should not be overlooked.
Comprehensive coverage - This coverage covers damage from a wide range of events other than collision. A deductible will apply then your comprehensive coverage will pay.
Comprehensive can pay for claims such as damage from getting keyed, hitting a deer, damage from a tornado or hurricane and rock chips in glass. The maximum payout you'll receive from a claim is the actual cash value, so if the vehicle is not worth much it's probably time to drop comprehensive insurance.
Medical payments coverage and PIP - Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses like doctor visits, chiropractic care, pain medications, nursing services and surgery. They can be used to fill the gap from your health insurance plan or if you are not covered by health insurance. Coverage applies to not only the driver but also the vehicle occupants in addition to any family member struck as a pedestrian. Personal Injury Protection is not an option in every state and gives slightly broader coverage than med pay
Collision coverages - Collision insurance pays for damage to your CR-V caused by collision with an object or car. You will need to pay your deductible then the remaining damage will be paid by your insurance company.
Collision coverage protects against claims like rolling your car, hitting a parking meter, crashing into a ditch and hitting a mailbox. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are older. Another option is to choose a higher deductible on your CR-V to save money on collision insurance.
Liability coverages - This provides protection from injuries or damage you cause to a person or their property. This insurance protects YOU against other people's claims. Liability doesn't cover damage to your own property or vehicle.
Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show values of 25/50/25 that means you have $25,000 in coverage for each person's injuries, a per accident bodily injury limit of $50,000, and $25,000 of coverage for damaged property.
Liability coverage pays for things such as repair bills for other people's vehicles, court costs, repair costs for stationary objects and medical services. The amount of liability coverage you purchase is a decision to put some thought into, but you should buy as large an amount as possible. Ohio state minimum liability requirements are 25/50/25 but you should think about purchasing higher limits.
More quotes mean more auto insurance savings
While you're price shopping online, don't be tempted to skimp on critical coverages to save a buck or two. In many cases, someone sacrificed full coverage only to regret that it was a big error on their part. Your objective should be to buy the best coverage you can find for the lowest cost.
Cheaper Honda CR-V insurance in Cincinnati can be found online in addition to many Cincinnati insurance agents, and you should be comparing both in order to have the best chance of saving money. Some auto insurance companies may not have rates over the internet and these regional insurance providers prefer to sell through local independent agents.
You just learned a lot of tips how to get a better price on Honda CR-V insurance in Cincinnati. It's most important to understand that the more rate quotes you have, the more likely it is that you will get a better rate. You may even be surprised to find that the biggest savings come from a smaller regional carrier. Some small companies can often insure niche markets at a lower cost as compared to the big name companies such as State Farm, GEICO and Nationwide.
Additional detailed information is located in the articles below:
- Tools for Teen Driving Safety (State Farm)
- Who Has the Cheapest Car Insurance Quotes for Used Cars in Ohio? (FAQ)
- How Much is Ohio Auto Insurance for Teachers? (FAQ)
- Who Has the Cheapest Ohio Car Insurance Rates for Teenagers? (FAQ)
- Who Has the Cheapest Car Insurance for a Hyundai Elantra in Ohio? (FAQ)
- How Can I Save Money on Auto Insurance? (Insurance Information Institute)
- Car Insurance FAQ (Trusted Choice)
- What Does No-Fault Insurance Cover? (Allstate)
- What is Gap Insurance? (Insurance Information Institute)