Do you want to save money by finding the cheapest Honda CR-V insurance in Colorado Springs? Purchasing discount Colorado Springs Honda CR-V insurance quotes over the internet may seem to be somewhat difficult for people new to quoting and comparing prices online. With such a big selection of agents and online companies available, how can people have a chance to compare every possible option in order to find the lowest price?
Inconceivable but true, 70% of consumers have been with the same company for four years or more, and practically 40% of insurance customers have never quoted insurance rates at all. Many drivers in America could save 46.5% each year by just comparing rate quotes, but they assume it's a waste of time to compare rates online.
Consumers should take time to get comparison quotes quite often since insurance prices go up and down regularly. Despite the fact that you may have had the best deal on Honda CR-V insurance in Colorado Springs at your last renewal you may be paying too much now. Forget anything you know (or think you know) about insurance because you're about to learn the fastest and easiest way to save money, get proper coverage and the best rates.
If you're already insured, you will definitely be able to cut your premiums using these techniques. Obtaining price quotes for the best auto insurance policy in Colorado Springs is quite easy. But Colorado consumers must understand the way companies calculate their prices because it varies considerably.
Many insurance companies make it easy to get insurance quotes on their websites. Getting online rates for Honda CR-V insurance in Colorado Springs is easy for anyone because it's just a matter of typing in your personal and coverage information as detailed in the form. Once you submit the form, the system will order your driving and credit reports and returns a price quote.
Quoting online for Honda CR-V insurance in Colorado Springs makes it a lot easier to compare rates and it is important to do this in order to get the lowest payment on insurance.
In order to find out how much you can save on insurance, consider comparing rates from the companies shown below. If you have coverage now, it's recommended you enter coverages and limits as close as possible to your current policy. This guarantees you will receive rate comparison quotes based on similar coverages.
The companies shown below offer comparison quotes in Colorado Springs, CO. If multiple companies are listed, we recommend you get rate quotes from several of them in order to find the most competitive rates.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|CR-V LX 2WD||$256||$440||$304||$18||$92||$1,110||$93|
|CR-V EX 2WD||$174||$278||$308||$18||$92||$870||$73|
|CR-V LX 4WD||$232||$432||$362||$22||$108||$1,156||$96|
|CR-V EX 4WD||$212||$320||$286||$16||$86||$920||$77|
|CR-V EX-L 2WD||$234||$388||$338||$20||$102||$1,082||$90|
|CR-V EX-L 4WD||$190||$298||$314||$18||$94||$914||$76|
|Get Your Own Custom Quote Go|
Premium data assumes married female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Colorado minimum liability limits. Discounts applied include claim-free, safe-driver, multi-vehicle, homeowner, and multi-policy. Rate quotes do not factor in specific garaging location which can modify auto insurance rates noticeably.
Should you raise deductibles?
The illustration below demonstrates how deductible levels and can influence Honda CR-V annual premium costs for different insured age categories. The prices are based on a single female driver, full physical damage coverage, and no discounts are taken into consideration.
Cautious drivers save money
The information below illustrates how speeding tickets and at-fault fender-benders can influence Honda CR-V car insurance rates for each different age group. The data assumes a married male driver, comprehensive and collision coverage, $250 deductibles, and no discounts are applied to the premium.
Car insurance is not optional but you don't have to overpay
Despite the high cost, paying for car insurance may be mandatory for several reasons.
- Almost all states have compulsory liability insurance requirements which means you are required to buy a specific level of liability in order to drive the car. In Colorado these limits are 25/50/15 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $15,000 of property damage coverage.
- If you bought your Honda with a loan, most lenders will require that you carry insurance to protect their interest in the vehicle. If you cancel or allow the policy to lapse, the lender will be forced to insure your Honda at a much higher premium rate and require you to fork over the higher price.
- Car insurance preserves not only your vehicle but also your assets. Insurance will pay for medical expenses that are the result of an accident. Liability insurance, one of your policy coverages, will also pay for a defense attorney if you are sued as the result of an accident. If your Honda gets damaged, comprehensive (other-than-collision) and collision coverage will pay to restore your vehicle to like-new condition.
The benefits of insuring your car are without a doubt worth the cost, especially when you need to use it. The average driver in America is overpaying over $850 per year so compare rates each time the policy renews to be sure current rates are still competitive.
Informed Consumers Know How to Get Insurance for Less
When buying insurance it's important to understand some of the things that come into play when calculating your insurance rates. If you have some idea of what impacts premium levels, this enables you to make decisions that can earn you much lower annual insurance costs.
Rural vs Urban Areas - Having an address in smaller towns and rural areas of the country has it's advantages when insuring your vehicles. Residents of big cities have to deal with traffic congestion and more time behind the wheel. Fewer drivers and short commutes means a lower chance of having an accident and also fewer theft and vandalism claims.
Vehicle options that cut prices - Driving a car that has an advanced theft prevention system can get you a discount on your insurance. Advanced theft deterrents like GM's OnStar, tamper alarm systems and vehicle immobilizers can help prevent car theft and help bring rates down.
Bad drivers pay high rates - Only having one chargable violation can bump up the cost by as much as thirty percent. Drivers with clean records have lower premiums than bad drivers. Drivers who have flagrant violations like hit and run, DWI or reckless driving convictions may need to file a proof of financial responsibility form (SR-22) with their state motor vehicle department in order to continue driving.
When should you file a policy claims? - Insurance companies in Colorado generally give the lowest premiums to policyholders that do not abuse their auto insurance. If you file claims often, you can look forward to either higher rates or even cancellation. Your car insurance is meant to be used in the event of claims that you cannot pay yourself.
Gender and car insurance - Over the last 50 years, statistics have shown that females tend to be a little less risky than males. That doesn't necessarily mean that females are better drivers. They both are in accidents in similar numbers, but men get into accidents with more damage. In addition to higher claims, males also get cited for more serious violations such as DWI and reckless driving. Young males are several times more likely to be in an accident so it costs more to insure them.
Continuous insurance coverage saves money - Driving with no insurance can get your license suspended and you will pay a penalty because you let your insurance lapse for non-payment. And not only will your rates increase, being ticketed for driving with no insurance may result in a license revocation or jail time.
Your age impacts your costs - Inexperience drivers are proven to be inattentive and easily distracted when driving so insurance rates are higher. Having to add a beginning driver onto your insurance can really hurt. Older insureds are shown to be more cautious, are lower risk to insure, and get fewer tickets.
Loss probability for a Honda CR-V - Insurers use past loss statistics for each vehicle to help determine rates. Vehicles that the data determines to have higher claim frequency or loss amount will cost more for coverage. The table shown below demonstrates the actual insurance loss data for Honda CR-V vehicles.
For each policy coverage, the claim amount for all vehicles, regardless of make or model, is considered to be 100. Values under 100 represent a good loss history, while percentage values above 100 point to more losses or an increased chance of larger losses than average.
Honda CR-V Insurance Loss Statistics
|Specific Honda 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|
Statistics from IIHS.org for 2013-2015 Model Years
Affordable rates by receiving discounts
Car insurance is expensive, but there may be some discounts to cut the cost considerably. Certain discounts will be applied at the time of quoting, but once in a while a discount must be asked about prior to receiving the credit.
- First Accident Forgiveness - Not really a discount, but a handful of insurance companies will turn a blind eye to one accident before they charge you more for coverage so long as you are claim-free for a certain period of time.
- Anti-theft System - Vehicles optioned with advanced anti-theft systems prevent vehicle theft and earn discounts up to 10% off your Colorado Springs car insurance quote.
- Military Discounts - Being on active duty in the military could mean lower rates.
- Passive Restraint Discount - Cars that have air bags or automatic seat belts can receive discounts of more than 20%.
- Club Memberships - Being a member of a civic or occupational organization in Colorado Springs can get you a small discount on your bill.
- Good Grades Discount - Getting good grades may save as much as 25% on a Colorado Springs car insurance quote. This discount can apply up until you turn 25.
- Low Mileage - Keeping the miles down on your Honda may enable drivers to earn cheaper prices.
- More Vehicles More Savings - Having multiple vehicles on one policy can get a discount on all vehicles.
Discounts lower rates, but most credits do not apply to the entire cost. A few only apply to the price of certain insurance coverages like collision or personal injury protection. So despite the fact that it appears having all the discounts means you get insurance for free, insurance companies wouldn't stay in business. Any amount of discount will reduce the cost of your policy.
To find car insurance companies with the best discounts in Colorado Springs, click this link.
When do I need an agent's advice?
When buying insurance from an agent or online, there really is no best way to insure your cars. Each situation is unique.
These are some specific questions may help highlight whether your personal situation might need an agent's assistance.
- Do I really need UM/UIM coverage?
- What does UM/UIM cover?
- Are rock-chip repairs free?
- Why does it cost so much to insure a teen driver in Colorado Springs?
- What is GAP insurance?
- How can I get high-risk coverage after a DUI?
If it's difficult to answer those questions, you may need to chat with a licensed insurance agent. To find lower rates from a local agent, complete this form.
Local insurance agents
A small number of people prefer to have an agent's advice and that is a personal choice. A good thing about price shopping on the web is that drivers can save money and get cheap insurance quotes and still choose a local agent. And buying from local insurance agents is especially important in Colorado Springs.
To help locate an agent, after submitting this quick form, your insurance coverage information gets sent to local insurance agents that can provide free Colorado Springs car insurance quotes for your insurance coverage. It makes it easy because there is no need to leave your computer since price quotes are sent directly to your email. You can most likely find cheaper rates and a licensed agent to work with. In the event you want to quote rates from a specific insurance provider, feel free to find their quoting web page to submit a rate quote request.
Different types of Colorado Springs car insurance agents
If you would like to find a local insurance agency, you need to know there are two types of agencies to choose from. Insurance agents may be either independent or exclusive.
Independent Insurance Agents (or Brokers)
Independent agents are not employed by any specific company so they can insure your vehicles with an assortment of companies and help determine which has the cheapest rates. If your premiums go up, your agent can switch companies without you having to go to a different agency. If you are trying to find cheaper rates, you absolutely need to get some free quotes from several independent insurance agents to maximize your price options. Most independent agents also contract with smaller mutual companies that may have much lower rates than larger companies.
Listed below is a small list of independent agencies in Colorado Springs who may be able to give you price quote information.
- Southern Colorado Insurance Center
4390 Academy Blvd N - Colorado Springs, CO 80918 - (719) 329-4441 - View Map
- CIA-Leavitt Insurance Agency
5585 Erindale Dr #107 - Colorado Springs, CO 80918 - (719) 528-1884 - View Map
- Insurance Network of Co
2525 W Pikes Peak Ave # C - Colorado Springs, CO 80904 - (719) 635-9720 - View Map
Exclusive Insurance Agents
Exclusive agencies are contracted to one company such as Farmers Insurance, State Farm, Allstate, and AAA. Exclusive agents cannot provide other company's prices so if the price isn't competitive there isn't much they can do. Exclusive agents are very knowledgeable on their products and sales techniques which can be an advantage. Many people buy from exclusive agents partially due to the brand legacy and solid financial strength.
The following are exclusive agencies in Colorado Springs who can help you get rate quotes.
- State Farm: Jeff Libby
7610 N Union Blvd #115 - Colorado Springs, CO 80920 - (719) 593-9200 - View Map
- Allstate Insurance: Cally O'Donnell
3993 Academy Blvd N - Colorado Springs, CO 80917 - (719) 596-8800 - View Map
- Allstate Insurance: Wermers Agency Inc
1283 Kelly Johnson Blvd - Colorado Springs, CO 80920 - (719) 471-6777 - View Map
Choosing the best insurance agency is decision based upon more than just the quoted price. These are some questions you should get answers to.
- Is the coverage adequate for your vehicle?
- Is there a local claims center in Colorado Springs?
- Can glass repairs be made at your home?
- Is their price quote a firm figure or are their hidden costs?
- How will an accident affect your rates?
- Will the agent or a CSR service your policy?
- Will they give you a referral list?
Affordable coverage is out there
Consumers leave their current company for a variety of reasons including denial of a claim, delays in paying claims, high rates after DUI convictions or extreme rates for teen drivers. Whatever your reason, switching auto insurance companies can be easy and end up saving you some money.
Budget-friendly auto insurance in Colorado Springs is possible online in addition to many Colorado Springs insurance agents, and you should be comparing both in order to have the best chance of saving money. Some insurance companies do not provide price quotes online and many times these regional insurance providers provide coverage only through independent agencies.
While you're price shopping online, it's very important that you do not reduce coverage to reduce premium. There are a lot of situations where someone dropped full coverage only to find out that it was a big mistake. Your focus should be to buy a smart amount of coverage at the best cost while not skimping on critical coverages.
- Learn About Car Insurance (GEICO)
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- Property Damage Coverage (Liberty Mutual)