Finding competitive insurance for a Honda CR-V depends on a lot of rating factors such as whether you are single or married, whether or not you have prior claims, and violations on your driving record. Drivers in Arizona will pay on average $840 a year for CR-V insurance, but that cost is an estimate calculated using a 30-year-old single female driver with full physical damage coverage and $500 deductibles.
There’s a good chance you’re not a 30-year-old female, possibly married instead of single, or maybe you prefer higher deductibles. Having even a minor difference in the rating criteria used to formulate rates could end up with a large change in the price of a policy.
There is no perfect policy for every driver, so the only real way to find the cheapest rates for your Honda is to compare as many rates as possible.
The trim level of your Honda impacts the cost of coverage, so the price you will be charged to insure a CR-V LX 2WD will be $28 lower than the price to insure the more expensive CR-V EX-L 4WD trim level, as shown in the chart below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|CR-V LX 2WD||$182||$318||$344||$20||$102||$966||$81|
|CR-V EX 2WD||$182||$318||$344||$20||$102||$966||$81|
|CR-V LX 4WD||$182||$318||$344||$20||$102||$966||$81|
|CR-V EX 4WD||$210||$318||$344||$20||$102||$994||$83|
|CR-V EX-L 2WD||$210||$318||$344||$20||$102||$994||$83|
|CR-V EX-L 4WD||$210||$318||$344||$20||$102||$994||$83|
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Table data represents single female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Arizona minimum liability limits. Discounts applied include multi-policy, claim-free, multi-vehicle, homeowner, and safe-driver. Table data does not factor in Chandler location which can affect insurance rates noticeably.
Finding reasonably-priced insurance is challenging, and finding out which companies offer the best insurance rates for a Honda CR-V will require even more work.
Every insurance company uses their own calculation for setting prices, so first we will examine the insurance companies that tend to be cheaper in Chandler, AZ.
Best Auto Insurance Prices for Your Honda
|Rank||Company||Cost Per Year|
|11||Farm Bureau Mutual||$1,285|
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The Hartford may offer some of the lowest car insurance rates in Chandler at around $811 a year. This is $617 less than the average price paid by Arizona drivers of $1,428. Auto-Owners, Safeco, Travelers, and USAA are also some of the cheaper Chandler, AZ car insurance companies.
In the rate table above, if you currently have a policy with Safeco and switched to The Hartford, you may realize annual savings of upwards of $112. Insureds with Travelers could save as much as $264 a year, and USAA customers might reduce rates by $280 a year.
Remember that these prices are averages for all insureds and vehicles and do not factor in a specific vehicle garaging location for a Honda CR-V. So the company that is best suited for you may not even be in the list above. That underscores the importance of why you need to compare rates from multiple companies using your own individual information.
Responsible drivers pay cheaper Chandler insurance rates
One of the best ways to snag affordable insurance premiums for a CR-V is to drive carefully and avoid tickets and accidents. The information below demonstrates how speeding tickets and fender-benders can impact auto insurance costs for different insured age categories. The premium estimates are based on a single female driver, comprehensive and collision coverage, $500 deductibles, and no policy discounts are applied.
In the previous chart, the average cost of a car insurance policy in Arizona per year with no accidents or violations is $1,350. Receive two speeding tickets and the average cost swells to $1,803, an increase of $453 each year. Then add one accident along with the two speeding tickets and the 12-month cost of insurance for a Honda CR-V jumps again to an average of $2,257. That’s an increase of $907, or $76 per month, just for not paying attention while driving!
Chances are good that you’re overpaying for CR-V insurance
Chandler, AZ insurance rates are calculated based on many things that can increase the cost of coverage. Improving your credit score, moving to a different location, or getting a DUI may prompt premium changes that can make some companies much cheaper than others. Not only may your risk profile change, but insurance companies modify pricing multiple times each year to help ensure profitability. Heavy losses can cause more expensive prices, while a profitable period can result in cheaper CR-V insurance rates.
The bar chart below demonstrates which company has the cheapest car insurance in Chandler, AZ for a 40-year-old female driver with no prior claims, no tickets, and a good credit history. If we estimate rates based on her current rating profile, The Hartford quotes the lowest car insurance rates in Chandler at $1,083 each year. This is $345 less than the average rate paid by Arizona drivers of $1,428. Auto-Owners, Safeco, Travelers, and USAA are the remaining cheapest Chandler, AZ auto insurance companies.
In this example, we will give the driver from the above example a claim, a little lower credit rating, and a speeding ticket. Since each auto insurer has their own unique process to set their prices, comparing insurance quotes could result in a new list of affordable Chandler car insurance companies as shown below.
GEICO now has the cheapest rate in Chandler, AZ with Ameriprise Group, CSAA, Allied, and Auto-Owners completing the list. This example proves why it is critical to shop around when trying to get the most budget-friendly auto insurance rates for a Honda CR-V.
Insurance rates can be determined by many things and can increase or decrease at any time, so the best option a year ago may now cost much more than other companies.