How to Save on Honda CR-V Insurance in Virginia Beach

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Insurance rates Honda CR-V in Virginia BeachIf you want to save the most money, the best way to get low-cost car insurance rates in Virginia Beach is to start doing a yearly price comparison from insurance carriers who sell insurance in Virginia.

Step 1: Try to learn about how insurance companies determine prices and the changes you can make to drop your rates. Many rating factors that increase rates like traffic citations and an imperfect credit score can be controlled by improving your driving habits or financial responsibility. Later in this article we will cover information to get lower rates and earn a bigger discount.

Step 2: Compare price quotes from direct, independent, and exclusive agents. Direct companies and exclusive agencies can only quote rates from one company like GEICO or Farmers Insurance, while independent agencies can provide rate quotes from multiple insurance companies. View prices

Step 3: Compare the new rate quotes to your existing coverage to see if cheaper CR-V coverage is available in Virginia Beach. If you can save some money, verify that coverage does not lapse between policies.

Step 4: Provide proper notification to your current company to cancel your current car insurance policy and submit a completed policy application and payment for your new coverage. Once the application is submitted, place your new certificate verifying coverage in your vehicle's glove compartment or console.

An important note is that you'll want to compare the same deductibles and limits on each quote and and to look at as many companies as feasibly possible. Doing this ensures the most accurate price comparison and a complete price analysis.

A recent survey discovered that the vast majority of car insurance customers have purchased from the same company for more than four years, and roughly 40% of drivers have never shopped around. Virginia Beach drivers could pocket as much as $550 a year just by getting comparison quotes, but they don't want to spend time to compare rates and save money.

The best way to get rate comparisons for Honda CR-V insurance in Virginia Beach is to take advantage of the fact almost all companies participate in a system to provide you with free rate quotes. The only thing you need to do is provide a little information such as if a SR-22 is needed, if the car is leased, the make and model of your vehicles, and your general credit rating. Your rating data is instantly sent to many highly-rated insurers and you get price estimates within a short period of time.

To compare multiple company cheaper Honda CR-V insurance rates now, click here and complete the form.

The companies shown below are ready to provide price quotes in Virginia Beach, VA. To get the best cheap auto insurance in Virginia Beach, VA, we recommend you click on several of them in order to get a fair rate comparison.

Earn discounts on Virginia Beach insurance

Insurance is neither fun to buy or cheap, but there's a good chance there are discounts to help offset the cost. Some of these discounts will be visible at the time of purchase, but a few must be inquired about in order for you to get them.Cheaper insurance with discounts

  • Discounts for Seat Belt Usage - Drivers who always wear seat belts and also require passengers to fasten their seat belts could save 15% off the medical payments premium.
  • Accident Forgiveness Coverage - Not really a discount, but some insurance companies will turn a blind eye to one accident without the usual rate increase with the catch being you have to be claim-free before the accident.
  • Government Employee Discount - Employees or retirees of the government can earn a discount up to 10% with some insurance companies.
  • Memberships - Affiliation with a professional or civic organization could earn you a nice discount when getting a Virginia Beach auto insurance quote.
  • ABS and Traction Control Discounts - Cars and trucks that have anti-lock braking systems can reduce accidents and will save you 10% or more on CR-V insurance in Virginia Beach.
  • Distant Student Discount - Children who live away from home at college and won't have access to an insured vehicle may qualify for this discount.

A quick disclaimer, most of the big mark downs will not be given to your bottom line cost. Some only reduce specific coverage prices like comp or med pay. Even though it may seem like you could get a free insurance policy, insurance companies aren't that generous.

The example below shows the difference between Honda CR-V insurance costs with and without discounts being applied to the rates. The data is based on a male driver, no violations or claims, Virginia state minimum liability limits, comp and collision included, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, claim-free, safe-driver, multi-car, multi-policy, and marriage discounts applied.

Larger insurance companies and their possible discounts include:

  • State Farm has savings for accident-free, multiple autos, passive restraint, anti-theft, good student, Drive Safe & Save, and defensive driving training.
  • GEICO offers discounts including multi-policy, anti-lock brakes, federal employee, emergency military deployment, driver training, daytime running lights, and good student.
  • Progressive may offer discounts for homeowner, continuous coverage, multi-vehicle, good student, and online signing.
  • 21st Century discounts include defensive driver, good student, early bird, air bags, and anti-lock brakes.
  • American Family may have discounts that include multi-vehicle, good student, defensive driver, bundled insurance, accident-free, and mySafetyValet.
  • The Hartford offers discounts for anti-theft, bundle, air bag, defensive driver, driver training, vehicle fuel type, and good student.
  • AAA has discounts for education and occupation, multi-policy, AAA membership discount, anti-theft, good student, good driver, and multi-car.

When quoting, ask all the companies what discounts are available to you. All car insurance discounts may not apply to policies in Virginia Beach. To see providers with discount rates in Virginia Beach, click here to view.

Insurance statistics and figures

The data table displayed next showcases different policy rates for Honda CR-V models. Learning as much as possible about how auto insurance premiums are figured can help drivers make smart choices when comparing insurance quotes.

Honda CR-V Insurance Rates in Virginia Beach, VA
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
CR-V LX 2WD $92 $170 $248 $14 $74 $598 $50
CR-V EX 2WD $92 $170 $248 $14 $74 $598 $50
CR-V LX 4WD $92 $170 $248 $14 $74 $598 $50
CR-V EX 4WD $106 $170 $248 $14 $74 $612 $51
CR-V EX-L 2WD $106 $170 $248 $14 $74 $612 $51
CR-V EX-L 4WD $106 $170 $248 $14 $74 $612 $51
Get Your Own Custom Quote Go

Prices based on single female driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Virginia minimum liability limits. Discounts applied include safe-driver, homeowner, multi-vehicle, multi-policy, and claim-free. Estimates do not factor in specific location which can increase or decrease price quotes greatly.

Physical damage deductibles: Should you raise them?

One of the most common insurance questions is at what level do you set your deductibles. The rates shown below help summarize the cost difference between low and high deductibles. The first rate table uses a $250 physical damage deductible and the second data table uses a $1,000 deductible.

Honda CR-V insurance rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
CR-V LX 2WD $174 $276 $218 $12 $66 $771 $64
CR-V EX 2WD $174 $276 $218 $12 $66 $771 $64
CR-V LX 4WD $174 $276 $218 $12 $66 $771 $64
CR-V EX 4WD $198 $276 $218 $12 $66 $795 $66
CR-V EX-L 2WD $198 $276 $218 $12 $66 $795 $66
CR-V EX-L 4WD $198 $276 $218 $12 $66 $795 $66
Get Your Own Custom Quote Go
Honda CR-V insurance rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
CR-V LX 2WD $108 $174 $218 $12 $66 $578 $48
CR-V EX 2WD $108 $174 $218 $12 $66 $578 $48
CR-V LX 4WD $108 $174 $218 $12 $66 $578 $48
CR-V EX 4WD $122 $174 $218 $12 $66 $592 $49
CR-V EX-L 2WD $122 $174 $218 $12 $66 $592 $49
CR-V EX-L 4WD $122 $174 $218 $12 $66 $592 $49
Get Your Own Custom Quote Go

Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, and Virginia minimum liability limits. Discounts applied include multi-policy, homeowner, claim-free, multi-vehicle, and safe-driver. Premium costs do not factor in specific location which can impact coverage prices greatly.

Based on the data above, we can derive that using a $250 deductible will cost you approximately $16 more each month or $192 each year across all Honda CR-V models than quoting the higher $1,000 deductible. Since you would have to pay $750 more if you file a claim with a $1,000 deductible as compared to a $250 deductible, if you tend to average at least 47 months between claims, you would save money if you elect the higher deductible.

The chart below demonstrates how deductibles and can change Honda CR-V annual premium costs for different ages of insureds. The premiums assume a married female driver, full physical damage coverage, and no discounts are factored in.

Insurance rates based on gender

The diagram below visualizes the comparison of Honda CR-V insurance premiums for male and female drivers. The costs are based on no violations or claims, full physical damage coverage, $100 deductibles, single marital status, and no additional discounts are factored in.

Car insurance is available from agents near you

Certain consumers still like to get advice from a local agent and that is just fine! Most agents can make sure you are properly covered and help in the event of a claim. One of the best bonuses of comparing insurance prices online is that you can obtain lower rates but still work with a licensed agent.

By using this short form, your insurance coverage information is immediately sent to insurance agents in Virginia Beach who will give competitive quotes for your coverage. It makes it easy because there is no need to contact an agency because prices are sent immediately to you. If you have a need to get a comparison quote from one company in particular, don't hesitate to go to their quote page and give them your coverage information.

Selecting an insurer requires more thought than just a cheap quote. The answers to these questions are important, too.

  • Does the agent have a valid license to sell insurance in Virginia?
  • How does the company pay claims for a total loss?
  • If you have an accident, are you able to get your vehicle repaired at the shop of your choice?
  • Where would your vehicle be repaired?
  • Are all drivers listed on the coverage quote?
  • How often do they review coverages?
  • How many years have they been established?

Best auto insurance agent in Virginia Beach

When looking for a good insurance agency, you must know there are a couple types of insurance agents to choose from. Agencies in Virginia Beach are either exclusive or independent (non-exclusive). Both insure your vehicles, but it is a good idea to know the difference in the companies they write for since it may influence buying decisions.

Exclusive Car Insurance Agencies

Agents in the exclusive channel generally can only insure with one company and examples are State Farm, AAA, Farmers Insurance or Allstate. Exclusive agents are unable to give you multiple price quotes so if the price isn't competitive there isn't much they can do. Exclusive agents are highly trained on sales techniques which helps them sell on service rather than price.

Below are Virginia Beach exclusive agents that are able to give price quote information.

1115 Independence Blvd #214 - Virginia Beach, VA 23455 - (757) 363-7376 - View Map

5660 Indian River Rd #126 - Virginia Beach, VA 23464 - (757) 366-0322 - View Map

Hy Dress - State Farm Insurance Agent
1517 Lynnhaven Pkwy #101 - Virginia Beach, VA 23453 - (757) 427-1987 - View Map

View more agents

Independent Car Insurance Agents

These type of agents are normally appointed by many insurers and that is an advantage because they can write policies with a variety of different insurance companies and get you the best rates possible. If premiums increase, they simply switch companies in-house which requires no work on your part. When comparing car insurance rates, you will definitely want to include price quotes from a couple of independent agencies to have the most options to choose from.

The following are Virginia Beach independent agents willing to provide rate quotes.

921 First Colonial Road #1703 - Virginia Beach, VA 23454 - (757) 481-9105 - View Map

244 Mustang Trail #1 - Virginia Beach, VA 23452 - (757) 340-8310 - View Map

533 Newtown Rd #112 - Virginia Beach, VA 23462 - (757) 497-1899 - View Map

View more agents

If you get good feedback for all questions you ask as well as an affordable premium quote, most likely you have located a car insurance agent that can be relied on to insure your vehicles.

Buying the right vehicle insurance in Virginia is an important decision

Even though it can be expensive, paying for auto insurance is a good idea for several reasons.

  • Almost all states have minimum mandated liability insurance limits which means state laws require specific minimum amounts of liability insurance if you don't want to risk a ticket. In Virginia these limits are 25/50/20 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $20,000 of property damage coverage.
  • If your CR-V has a loan, most banks will require you to have comprehensive coverage to guarantee loan repayment. If the policy lapses, the bank may buy a policy for your Honda at a more expensive rate and force you to pay much more than you were paying before.
  • Insurance protects your car and your assets. It will also provide coverage for medical bills that are the result of an accident. One of the most valuable coverages, liability insurance, also pays expenses related to your legal defense in the event you are sued. If you have damage to your Honda as the result of the weather or an accident, comprehensive and/or collision insurance will pay to repair the damage.

The benefits of buying enough insurance definitely exceed the price paid, particularly when you have a large claim. But the average driver in Virginia is overpaying over $850 per year so compare rates every year to ensure rates are inline.

Auto insurance coverage information

Learning about specific coverages of your auto insurance policy can be of help when determining the best coverages and the correct deductibles and limits. The terms used in a policy can be impossible to understand and reading a policy is terribly boring. Shown next are typical coverage types offered by auto insurance companies.

Collision coverage

Collision coverage pays to fix your vehicle from damage from colliding with another vehicle or an object, but not an animal. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage protects against things like hitting a parking meter, driving through your garage door and rolling your car. This coverage can be expensive, so consider removing coverage from vehicles that are 8 years or older. Drivers also have the option to increase the deductible on your CR-V to get cheaper collision coverage.

Comprehensive auto insurance

Comprehensive insurance pays for damage that is not covered by collision coverage. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims like hail damage, damage from a tornado or hurricane, a tree branch falling on your vehicle, theft and fire damage. The highest amount you'll receive from a claim 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.

Coverage for uninsured or underinsured drivers

This protects you and your vehicle's occupants from other drivers when they are uninsured or don't have enough coverage. This coverage pays for injuries to you and your family and also any damage incurred to your Honda CR-V.

Since a lot of drivers only carry the minimum required liability limits (Virginia limits are 25/50/20), it doesn't take a major accident to exceed their coverage limits. So UM/UIM coverage is important protection for you and your family.

Liability insurance

This protects you from injuries or damage you cause to people or other property in an accident. It protects you against other people's claims. Liability doesn't cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see policy limits of 25/50/20 that means you have a limit of $25,000 per injured person, a limit of $50,000 in injury protection per accident, and property damage coverage for $20,000.

Liability coverage protects against things like funeral expenses, loss of income and structural damage. How much coverage you buy is a personal decision, but it's cheap coverage so purchase as much as you can afford. Virginia state minimum liability requirements are 25/50/20 but it's recommended drivers buy better liability coverage.

The illustration below demonstrates why the minimum limit may not be high enough to adequately cover claims.

Coverage for medical expenses

Med pay and PIP coverage provide coverage for immediate expenses such as dental work, hospital visits, pain medications and ambulance fees. The coverages can be utilized in addition to your health insurance policy or if you do not have health coverage. It covers all vehicle occupants in addition to any family member struck as a pedestrian. PIP coverage is not an option in every state and may carry a deductible

Find cheap rates by being thorough

Throughout this article, we presented some good ideas how you can compare Honda CR-V insurance premium rates in Virginia Beach. It's most important to understand that the more providers you compare, the more likely it is that you will get a better rate. You may even discover the lowest premium rates are with a small local company. Smaller companies may often insure only within specific states and give better rates compared to the large companies like Allstate, GEICO and Progressive.

As you go through the steps to switch your coverage, never skimp on coverage in order to save money. In many instances, someone sacrificed physical damage coverage only to regret they didn't purchase enough coverage. The goal is to buy enough coverage at the lowest possible cost, not the least amount of coverage.

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