Trying to find low-cost insurance for your Honda CR-V in Virginia can turn out to be a lot of work, but you can follow these tips to find lower rates.
There is a right way and a wrong way to find insurance online and you need to know the absolute fastest way to compare rates for a Honda and find the lowest possible price.
How to get affordable Honda CR-V insurance in Virginia Beach, VA
Most larger insurance companies such as Progressive, Allstate and GEICO allow you to get prices for coverage direct online. Getting Honda CR-V insurance prices online is easy for anyone as you simply type in your coverage information as requested by the quote form. Once entered, their system gets your driving record and credit report and returns pricing information.
Getting online price quotes for Honda CR-V insurance in Virginia Beach makes comparing rates easy, and it's very important to perform this step if you want to get the best possible rates on auto insurance.
If you want to find out what other companies charge, check out the auto insurance providers below. To compare your current rates, we recommend that you enter deductibles and limits exactly as shown on your declarations page. This ensures you will receive rate quotes using the exact same coverages.
The companies shown below can provide comparison quotes in Virginia Beach, VA. If the list has multiple companies, we recommend you get rate quotes from several of them to find the most competitive auto insurance rates.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|CR-V LX 2WD||$122||$228||$248||$14||$74||$686||$57|
|CR-V EX 2WD||$98||$160||$226||$14||$68||$566||$47|
|CR-V LX 4WD||$166||$312||$284||$16||$86||$864||$72|
|CR-V EX 4WD||$154||$228||$206||$12||$62||$662||$55|
|CR-V EX-L 2WD||$120||$170||$224||$14||$66||$594||$50|
|CR-V EX-L 4WD||$220||$338||$296||$18||$88||$960||$80|
|Get Your Own Custom Quote Go|
Cost estimates assume single female driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Virginia minimum liability limits. Discounts applied include homeowner, safe-driver, claim-free, multi-policy, and multi-vehicle. Premium costs do not factor in vehicle garaging location which can increase or decrease insurance rates noticeably.
Rate comparison of full coverage and liability-only
The diagram below shows the difference between Honda CR-V insurance premiums with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The costs are based on a clean driving record, no claims, $250 deductibles, single male driver, and no discounts are taken into consideration.
When to drop comprehensive and collision coverage
There is no definitive guideline of when to phase out comp and collision coverage, but there is a broad guideline. If the annual cost of having full coverage is more than about 10% of the replacement cost of your vehicle minus the policy deductible, then it might be time to consider dropping full coverage.
For example, let's say your Honda CR-V settlement value is $7,000 and you have $1,000 physical damage deductibles. If your vehicle is severely damaged, the most your company would pay you is $6,000 after paying your policy deductible. If premiums are more than $600 annually for full coverage, then it's probably a good time to buy liability coverage only.
There are a few cases where dropping physical damage coverage is not recommended. If you still have a lienholder on your title, you must maintain physical damage coverage in order to satisfy the requirements of the loan. Also, if you cannot afford to purchase a different vehicle if your current one is in an accident, you should not consider dropping full coverage.
Age, gender, and Honda CR-V insurance
The illustration below illustrates the difference between Honda CR-V auto insurance costs for male and female drivers. The data is based on a clean driving record, no claims, comprehensive and collision coverage, $1,000 deductibles, single marital status, and no discounts are applied.
Comparison of policy deductibles
The chart below highlights how deductible selection and can raise or lower Honda CR-V annual premium costs for different age groups. The premium estimates are based on a married male driver, full coverage, and no policy discounts are applied.
Do you qualify for discounts on Honda CR-V insurance in Virginia Beach?
Insurance is not inexpensive, but you might already qualify for some discounts that can help lower your rates. Certain discounts will be triggered automatically when you quote, but a few must be asked for before they will apply.
- Driver's Ed - Reduce the cost of insurance for teen drivers by having them successfully take a driver's education course as it can save substantially.
- Discounts for Responsible Drivers - Accident-free drivers can pay as much as 50% less than less cautious drivers.
- New Vehicle Savings - Insuring a new CR-V may earn a small discount since new vehicles have better safety ratings.
- Distant Student - Youth drivers who are enrolled in a college that is more than 100 miles from Virginia Beach and do not have a car could get you a discount.
- Federal Government Employee - Active or retired federal employment could qualify for a slight premium decrease with certain companies.
Just know that most discounts do not apply to all coverage premiums. Some only apply to individual premiums such as physical damage coverage or medical payments. So even though you would think you can get free auto insurance, insurance companies wouldn't stay in business.
To see a list of providers who offer discounts in Virginia Beach, click here.
Choosing the best Honda vehicle insurance in Virginia is an important decision
Despite the high cost of buying insurance for a Honda CR-V in Virginia Beach, car insurance serves several important purposes.
- Almost all states have minimum mandated liability insurance limits which means state laws require a specific minimum amount of liability insurance coverage in order to drive the car. 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 vehicle has a lienholder, almost all lenders will make it mandatory that you buy insurance to protect their interest in the vehicle. If you cancel or allow the policy to lapse, the lender may have to buy a policy to insure your Honda for a lot more money and force you to pay a much higher amount than you were paying before.
- Car insurance protects both your vehicle and your assets. It will also pay for most medical and hospital costs for both you and anyone you injure as the result of an accident. One policy coverage, liability insurance, will also pay attorney fees if you are named as a defendant in an auto accident. If your car is damaged in a storm or accident, comprehensive (other-than-collision) and collision coverage will pay to repair the damage.
The benefits of carrying adequate insurance more than offset the price you pay, especially with large liability claims. According to a survey of 1,000 drivers, the average driver overpays as much as $869 every year so shop around once a year at a minimum to make sure the price is not too high.
Should I contact a local insurance agent?
Many drivers would rather buy from a local agent and that is just fine! Good insurance agents can help you build your policy and help submit paperwork. The biggest benefit of comparing rates online is you can get better rates and still buy from a local agent. And providing support for neighborhood insurance agencies is still important in Virginia Beach.
After completing this form (opens in new window), your coverage information is instantly submitted to local insurance agents in Virginia Beach who will give you bids for your insurance coverage. It's much easier because you don't need to find an agent on your own since price quotes are sent to you. If you want to compare rates from a particular provider, you just need to search and find their rate quote page to submit a rate quote request.
If you are searching for an insurance agent, there are two types of insurance agents and how they can write your policy. Car insurance policy providers can be categorized as either independent or exclusive depending on the company they work for. Both can handle car insurance, but it's worth mentioning how they are different because it can impact which type of agent you select.
Independent Car Insurance Agencies or Brokers
These type of agents do not have single company limitations and that gives them the ability to insure amongst many companies enabling the ability to shop coverage around. If your agent finds better pricing, the agent simply finds a different carrier and you don't have to switch agencies.
If you are trying to find cheaper rates, it's a good idea to contact at a minimum one independent agency in order to have the best price comparison. Most have the option of insuring with different regional companies that may have much lower rates than larger companies.
The following is a small list of independent insurance agencies in Virginia Beach who may be able to give you cheap rate quotes.
- Nationwide Insurance: Avery Insurance Agency Inc
5268 Fairfield Shopping Centre - Virginia Beach, VA 23464 - (757) 366-0366 - View Map
- Nationwide Insurance: Steve Love Insurance Agency Inc
4176 S Plaza Trail Ste 101 - Virginia Beach, VA 23452 - (757) 340-1200 - View Map
- Wilson Insurance Agency, Inc
1127 Crystal Lake Dr - Virginia Beach, VA 23451 - (757) 491-8953 - View Map
Agents of this type can only quote rates from one company like American Family, State Farm, and Allstate. Exclusive agents cannot compare rates from other companies so you need to shop around if the rates are high. Exclusive agencies are usually well trained on their company's products and that allows them to sell at a higher price point. Drivers often use the same exclusive agent mostly because of the prominence of the brand and strong financial ratings.
Listed below is a list of exclusive agents in Virginia Beach willing to provide price quotes.
- Al Taxter - State Farm Insurance Agent
6070 Indian River Rd #104 - Virginia Beach, VA 23464 - (757) 420-2575 - View Map
- Brett Cambron - State Farm Insurance Agent
1485 General Booth Blvd ste. 114 - Virginia Beach, VA 23454 - (757) 499-0559 - View Map
- Ed Barnhart - State Farm Insurance Agent
5660 Indian River Rd #126 - Virginia Beach, VA 23464 - (757) 366-0322 - View Map
Finding the right insurance agency shouldn't rely on just a low price. These are some questions your agent should answer.
- Can you get a list of referrals?
- Does the agent help file claims?
- Is the coverage adequate for your vehicle?
- How is replacement cost determined on your vehicle?
- Does the quote include credit and driving reports?
Coverages available on your car insurance policy
Knowing the specifics of a car insurance policy helps when choosing the right coverages and proper limits and deductibles. Policy terminology can be impossible to understand and even agents have difficulty translating policy wording.
Comprehensive coverage (or Other than Collision)
Comprehensive insurance pays to fix your vehicle from damage from a wide range of events other than collision. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage protects against claims like hitting a bird, a tree branch falling on your vehicle, damage from a tornado or hurricane, fire damage and hitting a deer. The maximum amount your car insurance company will pay is the market value of your vehicle, so if the vehicle's value is low consider removing comprehensive coverage.
Liability car insurance
Liability insurance can cover damage that occurs to a person or their property that is your fault. Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. As an example, you may have values of 25/50/20 which means $25,000 bodily injury coverage, a limit of $50,000 in injury protection per accident, and a total limit of $20,000 for damage to vehicles and property. Occasionally you may see a combined limit which limits claims to one amount without having the split limit caps.
Liability coverage protects against things such as legal defense fees, attorney fees, emergency aid, pain and suffering and medical expenses. How much liability coverage do you need? That is a decision to put some thought into, but you should buy as high a limit as you can afford. Virginia requires minimum liability limits of 25/50/20 but it's recommended drivers buy higher limits.
Uninsured Motorist or Underinsured Motorist insurance
This protects you and your vehicle's occupants from other drivers when they do not carry enough liability coverage. Covered claims include medical payments for you and your occupants as well as damage to your Honda CR-V.
Since a lot of drivers only carry the minimum required liability limits (25/50/20 in Virginia), their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is important protection for you and your family. Usually these coverages are set the same as your liability limits.
Insurance for medical payments
Coverage for medical payments and/or PIP pay for expenses like prosthetic devices, dental work, nursing services and surgery. The coverages can be used to cover expenses not covered by your health insurance policy or if you do not have health coverage. Medical payments and PIP cover you and your occupants in addition to getting struck while a pedestrian. Personal Injury Protection is not an option in every state but it provides additional coverages not offered by medical payments coverage
This covers damage to your CR-V resulting from colliding with a stationary object or other vehicle. A deductible applies and the rest of the damage will be paid by collision coverage.
Collision can pay for claims like crashing into a ditch, backing into a parked car, crashing into a building, sideswiping another vehicle and sustaining damage from a pot hole. Collision is rather expensive coverage, so consider dropping it from lower value vehicles. Another option is to choose a higher deductible on your CR-V to save money on collision insurance.