High-priced car insurance in Columbus can empty your checking account and maybe even restrict other spending.
It's astonishing, but nearly 70% of drivers have bought car insurance from the same company for more than four years, and virtually 40% of consumers have never compared rate quotes at all. The average driver in Columbus can cut their rates by up to $959 a year just by getting comparison quotes, but most tend to underestimate the large savings they would see if they swap their current policy for a cheaper one.
Drivers have many car insurance companies to pick from, and although it's nice to be able to choose, it can be more challenging to find the best rates for Honda CR-V insurance in Columbus.
Companies offering cheap Honda CR-V prices in Columbus, GA
The companies in the list below are ready to provide comparison quotes in Georgia. If several companies are displayed, we suggest you click on several of them to get the most competitive price.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|CR-V LX 2WD||$254||$518||$378||$22||$114||$1,286||$107|
|CR-V EX 2WD||$294||$518||$452||$26||$136||$1,426||$119|
|CR-V LX 4WD||$140||$260||$378||$22||$114||$914||$76|
|CR-V EX 4WD||$292||$476||$434||$26||$130||$1,358||$113|
|CR-V EX-L 2WD||$262||$412||$378||$22||$114||$1,188||$99|
|CR-V EX-L 4WD||$212||$350||$378||$22||$114||$1,076||$90|
|Get Your Own Custom Quote Go|
Data variables include single male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Georgia minimum liability limits. Discounts applied include safe-driver, multi-vehicle, homeowner, claim-free, and multi-policy. Rate information does not factor in vehicle garaging location which can influence coverage rates significantly.
Age, gender, and Honda CR-V insurance
The diagram below shows the comparison of Honda CR-V insurance rates for male and female drivers. The prices are based on no claims or driving citations, full coverage, $1,000 deductibles, marital status is single, and no discounts are applied.
Does full coverage make sense?
The example below shows the comparison of Honda CR-V annual premium costs with full phyical damage coverage and with liability coverage only. The rate quotes are based on no claims or violations, $250 deductibles, married male driver, and no additional discounts are factored in.
Deciding between full coverage and liability only
There is no definitive rule to stop buying comprehensive and collision coverage on your policy, but there is a general school of thought. If the annual cost of having full coverage is 10% or more of the replacement cost minus the deductible, then it may be the right time to buy liability only.
For example, let's pretend your Honda CR-V claim settlement value is $3,000 and you have $1,000 deductibles. If your vehicle is totaled in an accident, the most your company would pay you is $2,000 after the deductible is paid. If it's costing in excess of $200 a year to have full coverage, then it's probably a good time to buy liability coverage only.
There are some cases where only buying liability is not financially feasible. If you haven't satisfied your loan, you have to keep full coverage to protect the lienholder's interest in the vehicle. Also, if your finances do not allow you to purchase a different vehicle if your current one is damaged, you should not remove full coverage.
Get cheaper Honda CR-V insurance rates in Columbus
Companies offering auto insurance don't necessarily list every disount available very well, so the list below contains a few of the more common and the more hidden discounts that you can inquire about if you buy Columbus car insurance online.
- Low Miles Discount - Keeping the miles down on your Honda can earn cheaper premium rates.
- Data Collection Discounts - Drivers who elect to allow companies to study their driving habits through the use of a telematics system like Drivewise from Allstate or In-Drive from State Farm could see a rate decrease if they exhibit good driving behavior.
- Buy New and Save - Buying insurance on a new vehicle is cheaper because new vehicles keep occupants safer.
- Pay Upfront and Save - If you pay your bill all at once as opposed to paying monthly you may reduce your total bill.
- Paper-free Discount - A few larger companies may give you up to $50 for buying a policy and signing up digitally online.
Drivers should understand that most discount credits are not given to your bottom line cost. The majority will only reduce specific coverage prices like medical payments or collision. Even though the math looks like you would end up receiving a 100% discount, it's just not the way it works.
To choose insurance companies that provide some of the discounts listed above in Columbus, click here.
Informed Consumers Can Cut Insurance Costs
An important part of buying insurance is that you know some of the things that are used to determine auto insurance rates. When you understand what positively or negatively impacts your premiums, this allows you to make good choices that may result in better auto insurance rates. Lots of factors are part of the equation when you get a price on insurance. Some are pretty understandable such as traffic violations, although others are not quite as obvious such as your credit history or how financially stable you are.
Shown below are some of the most common factors used by companies to determine prices.
Premiums are lower the older you get - Young drivers in Georgia are statistically proven to get distracted easily when driving with friends so they pay higher auto insurance rates. Parents adding a youthful driver onto your auto insurance can be very expensive. More mature drivers have been proven to be more responsible, cost insurance companies less in claims, and are generally more financially stable.
Being married can lower premiums - Your spouse may save some money on your policy. Marriage may mean you are less irresponsible it has been statistically shown that married couples file fewer claims.
Poor credit can mean higher premiums - An insured's credit score is a large factor in determining premium rates. So if your credit can be improved, you could pay less to insure your Honda CR-V by improving your credit score. People that have very good credit scores tend to file fewer claims and have better driving records than drivers who have poor credit.
Save by driving cars with good safety ratings - Cars with high safety ratings are cheaper to insure. Vehicles engineered for safety reduce injuries and any reduction in injury severity means lower claim amounts and lower rates for you. If the Honda CR-V is rated at a minimum four stars on Safercar.gov you may be receiving a better rate.
What type of car, truck or SUV do you drive? - The performance of the vehicle you are trying to find cheaper insurance for makes a significant difference in how high your rates are. The most favorable rates will generally be found on the lowest performance passenger models, but other factors influence the final cost greatly. Due to the fact that the Honda CR-V falls in the standard SUV class, rates will be slightly more as compared to the average rate in Columbus.
Do you qualify for a multi-policy discount? - The majority of insurers allow discounts to people who have multiple policies with them in the form of a multi-policy discount. Even if you already get this discount, you may still want to check prices from other companies to verify if the discount is saving money.
Auto insurance policy lapses increase prices - Letting your insurance expire will be a guaranteed way to increase your renewal premiums. And not only will insurance be more expensive, the inability to provide proof of insurance can result in a fine, jail time, or a revoked license. You will then be forced to file a SR-22 with the Georgia DMV.
Honda CR-V historical loss data - Insurers use data from past claims to help determine the price you pay. Models that statistically have a trend towards higher claims will have a higher premium rate. The table below illustrates the insurance loss data used by companies for Honda CR-V vehicles.
For each type of coverage, the claim amount for all vehicles averaged together is equal to 100. Percentage values below 100 imply a favorable loss record, while percentages above 100 indicate more frequent losses or an increased probability of a larger loss.
Honda CR-V Insurance Claim Statistics
|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|
Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Don't assume everyone needs the same auto insurance coverage
When quoting and comparing coverage online or from an agent for your vehicles, there really isn't a cookie cutter policy. Your needs are not the same as everyone else's so your insurance should reflect that For example, these questions may help you determine whether you might need professional guidance.
- Does my liability insurance cover pulling a trailer or camper?
- Will my Honda CR-V be repaired with OEM or aftermarket parts?
- Is my Honda CR-V covered for flood damage?
- Am I covered if I drive in a foreign country?
- Am I covered if my car is in a flood?
- Is my son or daughter covered when driving my car?
- How do I insure my teen driver?
If you can't answer these questions but you know they apply to you, then you may want to think about talking to a licensed agent. To find an agent in your area, take a second and complete this form or you can also visit this page to select a carrier
Car insurance quotes from local Columbus insurance agencies
Some consumers just want to get professional advice from a licensed agent and that is OK! The best thing about getting free rate quotes online is the fact that drivers can get cheap car insurance quotes and still choose a local agent.
To help locate an agent, after submitting this form (opens in new window), your insurance coverage information is submitted to companies in Columbus that give free quotes for your coverage. You won't need to search for any insurance agencies due to the fact that quote results will go directly to your email. You can find better rates and an insurance agent to talk to. If you need to compare rates from one company in particular, you can always visit that company's website and fill out the quote form the provide.
Choosing the best company requires you to look at more than just a cheap price. Any agent in Columbus should have no problem answering these questions:
- Is the quote a firm price?
- Do they have any clout with companies to ensure a fair claim settlement?
- How is replacement cost determined on your vehicle?
- Will they give you a referral list?
- Do they get paid more for recommending certain coverages?
- What is the agency's Better Business Bureau rating?
- Does the agency provide any after hours assistance?
When narrowing the list to find a local insurance agency, it can be helpful to understand the different agency structures from which to choose. Car insurance agencies can be described as either exclusive or independent (non-exclusive).
Exclusive Insurance Agents
Exclusive agencies are contracted to one company and some examples include Farmers Insurance, State Farm, or Allstate. Exclusive agents cannot compare other company's rates so if the price isn't competitive there isn't much they can do. They are trained well on what they offer which helps them sell on service rather than price.
Shown below is a list of exclusive agencies in Columbus willing to provide rate quotes.
Independent Agencies or Brokers
Agents in the independent channel can sell policies from many different companies and that is an advantage because they can write policies with many different companies and find you cheaper rates. To move your coverage to a new company, your policy is moved internally and you don't have to switch agencies.
If you need cheaper car insurance rates, we recommend you compare prices from at a minimum one independent agency so that you can do a thorough price comparison.
Shown below is a short list of independent agencies in Columbus who can help you get price quote information.
Payne Insurance Services
2164 Fort Benning Rd - Columbus, GA 31903 - (706) 689-0012 - View Map
Affordable auto insurance is out there
Affordable Honda CR-V insurance in Columbus can be sourced on the web as well as from insurance agents, and you should be comparing both to have the best selection. There are still a few companies who don't offer online price quotes and many times these small, regional companies sell through independent insurance agencies.
Throughout this article, we presented a lot of ways to reduce Honda CR-V insurance rates online in Columbus. The most important thing to understand is the more rate quotes you have, the higher the chance of saving money. You may even find the most savings is with the least-expected company. These smaller insurers can often provide lower car insurance rates in certain areas than the large multi-state companies such as GEICO and State Farm.
As you shop your coverage around, it's very important that you do not skimp on coverage in order to save money. There have been many situations where an insured dropped physical damage coverage to discover at claim time that a couple dollars of savings turned into a financial nightmare. Your goal is to buy the best coverage you can find at the lowest possible cost, but do not skimp to save money.
More tips and info about auto insurance can be read in these articles:
- Understanding Your Insurance Deductible (Insurance Information Institute)
- Who Has Affordable Auto Insurance Rates for Retired Military in Georgia? (FAQ)
- What is the Cheapest Auto Insurance in Alpharetta, Georgia? (FAQ)
- Who Has the Cheapest Car Insurance for High Risk Drivers in Georgia? (FAQ)
- What Car Insurance is Cheapest for a Toyota Corolla in Georgia? (FAQ)
- Safety Belts FAQ (iihs.org)
- Tread Depth and Tire Safety (State Farm)