Save Money on Honda CR-V Insurance in Aurora

It’s an obvious conclusion that car insurance companies don’t want their customers to go rate shopping. Insureds who shop around will most likely switch to a new company because there is a great chance of finding coverage at a cheaper rate. Remarkably, a study showed that consumers who compared rate quotes regularly saved as much as $3,500 over four years compared to drivers who don’t regularly compare prices.

If finding the best rates on auto insurance is your intention, then knowing the best way to compare insurance coverage can make the process more efficient.

Insurance quote for Honda CR-V in AuroraReally, the only way to find lower priced Honda CR-V insurance is to do a yearly price comparison from providers in Aurora.

The most important part of shopping around is to try to use the same liability limits and deductibles on each quote and and to get quotes from as many carriers as you can. Doing this guarantees an apples-to-apples comparison and a thorough selection of prices.

If you currently have auto insurance, you will be able to lower your rates using these techniques. Finding affordable auto insurance coverage in Aurora can really be easy if you know what you’re doing. But Colorado car owners need to have an understanding of how companies set your policy premium and use this information to your advantage.

Honda CR-V insurance discounts in Aurora

Some insurance providers don’t necessarily list every discount available in a way that’s easy to find, so we researched both well-publicized in addition to some of the lesser obvious credits available to you.

Consumers should know that most discount credits are not given to the entire policy premium. Most only apply to the cost of specific coverages such as collision or personal injury protection. Despite the fact that it seems like all the discounts add up to a free policy, you aren’t that lucky. Any amount of discount will cut the amount you have to pay.

The chart below illustrates the difference between Honda CR-V auto insurance costs with and without discounts. The rate quotes are based on a male driver, no driving violations, no at-fault accidents, Colorado 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 marriage, multi-car, multi-policy, homeowner, safe-driver, and claim-free discounts applied.

Larger insurance companies and a partial list of their discounts include:

If you need low cost Aurora auto insurance quotes, ask each insurance company which discounts you may be entitled to. Some discounts might not be offered in every state.

To find the best auto insurance rates, there are several ways to compare rate quotes from auto insurance companies in your area. The best method to find the cheapest insurance rates is to perform an online rate comparison.

Comparison shopping price quotes online is easy and it makes it a waste of time to spend time driving to different Aurora agent offices. The ability to buy insurance online has reduced the need for local agents unless you want the professional advice of a licensed agent. It is possible to comparison shop your insurance online but buy the policy through an agent.

When quoting auto insurance, remember that comparing a large number of companies increases your odds of finding lower pricing.

The following companies are ready to provide free quotes in Colorado. If multiple companies are listed, we suggest you visit as many as you can to get the most competitive price.

Rates and detailed analysis

The price information displayed next covers different rate quotes for Honda CR-V models. Being able to understand how insurance premiums are calculated is important to be able to make informed decisions when shopping around for a new policy.

Honda CR-V Insurance Rates in Aurora, CO
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
CR-V LX 2WD $236 $376 $298 $18 $90 $1,018 $85
CR-V EX 2WD $236 $376 $298 $18 $90 $1,018 $85
CR-V LX 4WD $236 $376 $298 $18 $90 $1,018 $85
CR-V EX 4WD $272 $376 $298 $18 $90 $1,054 $88
CR-V EX-L 2WD $272 $376 $298 $18 $90 $1,054 $88
CR-V EX-L 4WD $272 $376 $298 $18 $90 $1,054 $88
Get Your Own Custom Quote Go

Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Colorado minimum liability limits. Discounts applied include homeowner, multi-policy, safe-driver, claim-free, and multi-vehicle. Prices do not factor in specific Aurora garaging location which can change premiums greatly.

Physical damage deductibles

When buying insurance, a common question is which comprehensive and collision deductibles to buy. The figures shown below help summarize the price difference when you select higher and lower physical damage coverage deductibles. The first rate comparisons uses a $100 comprehensive and collision deductible and the second data table uses a $500 deductible.

Honda CR-V insurance with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
CR-V LX 2WD $264 $448 $298 $18 $90 $1,143 $95
CR-V EX 2WD $264 $448 $298 $18 $90 $1,143 $95
CR-V LX 4WD $264 $448 $298 $18 $90 $1,143 $95
CR-V EX 4WD $302 $448 $298 $18 $90 $1,181 $98
CR-V EX-L 2WD $302 $448 $298 $18 $90 $1,181 $98
CR-V EX-L 4WD $302 $448 $298 $18 $90 $1,181 $98
Get Your Own Custom Quote Go

Honda CR-V insurance with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
CR-V LX 2WD $192 $304 $298 $18 $90 $902 $75
CR-V EX 2WD $192 $304 $298 $18 $90 $902 $75
CR-V LX 4WD $192 $304 $298 $18 $90 $902 $75
CR-V EX 4WD $220 $304 $298 $18 $90 $930 $78
CR-V EX-L 2WD $220 $304 $298 $18 $90 $930 $78
CR-V EX-L 4WD $220 $304 $298 $18 $90 $930 $78
Get Your Own Custom Quote Go

Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, and Colorado minimum liability limits. Discounts applied include multi-policy, multi-vehicle, homeowner, claim-free, and safe-driver. Price information does not factor in your specific Aurora location which can lower or raise premium rates considerably.

We can estimate from the data above that using a $100 deductible will cost you roughly $20 more each month or $240 every year than selecting the higher $500 deductible. Since the policyholder would be required to pay $400 more out-of-pocket with a $500 deductible as compared to a $100 deductible, if you have at least 20 months between claims, you would save money by selecting a higher deductible.

The diagram below demonstrates how deductible levels and can raise or lower Honda CR-V insurance prices for different ages of insureds. The rates are based on a married male driver, full coverage, and no discounts are taken into consideration.

Insurance rates are higher with tickets and accidents

The example below illustrates how speeding tickets and accident claims can affect Honda CR-V insurance rates for different age groups of insureds. The rate quotes are based on a married female driver, full coverage, $250 deductibles, and no discounts are applied.

Should you buy full coverage?

The example below illustrates the comparison of Honda CR-V auto insurance costs with and without physical damage coverage. Data assumes no claims or driving violations, $250 deductibles, drivers are not married, and no other discounts are factored in.

When to drop comp and collision

There isn’t a steadfast formula for eliminating physical damage insurance, but there is a general school of thought. If the annual cost of having full coverage is more than 10% of the replacement cost minus the deductible, then it might be time to consider dropping full coverage.

For example, let’s pretend your Honda CR-V replacement cost is $9,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled, the most you would receive is $8,000 after paying your policy deductible. If you are paying in excess of $800 a year for physical damage coverage, then it may be the right time to buy liability only.

There are some circumstances where eliminating full coverage is not a good plan. If you haven’t paid off your loan, you are required to maintain full coverage in order to prevent your loan from defaulting. Also, if you can’t afford to buy a different vehicle if your current one is in an accident, you should keep full coverage on your policy.

How Your CR-V Insurance Costs are Determined

One of the most helpful ways to save on auto insurance is to to have a grasp of a few of the rating criteria that go into determining the rates you pay for auto insurance. When you understand what determines base rates, this empowers consumers to make smart changes that could help you find much lower annual insurance costs.

When do I need an agent’s advice?

When selecting your policy, there really is not a single plan that fits everyone. Your needs are not the same as everyone else’s.

For instance, these questions might point out if you may require specific advice.

If you can’t answer these questions but a few of them apply, then you may want to think about talking to an insurance agent. To find an agent in your area, fill out this quick form.

Local insurance agents

Some consumers would prefer to talk to an insurance agent and that is recommended in a lot of cases A good thing about comparing rates online is you can get lower rates and still have an agent to talk to. And buying from local insurance agents is important especially in Aurora.

Find insurance agent in AuroraAfter completing this form (opens in new window), the coverage information is instantly submitted to agents in your area who will gladly provide quotes for your business. There is no need to find an agent on your own as quotes are delivered directly to you. You can most likely find cheaper rates AND a local agent. If you have a need to quote rates from a specific car insurance provider, just find their quoting web page to submit a rate quote request.

What types of car insurance agents are in Aurora?

When researching a local agent, you need to know there are two different types of agents and how they work. Agents in Aurora are either independent (non-exclusive) or exclusive.

Independent Agencies or Brokers

Independent agencies often have affiliation with several companies so they can write business with many different companies and find the cheapest rate. If you are not satisfied with one company, they simply move your policy to a different company and you won’t have to switch agencies. If you are comparing car insurance prices, we recommend you include at least one independent agent to get the best comparison.

Listed below is a list of independent agents in Aurora that can possibly get you cheap rate quotes.

A All City Auto Insurance
9720 E Colfax AveAurora, CO 80010(303) 364-0555View Map

4093 S Olathe CtAurora, CO 80013(303) 693-1936View Map

2222 S Fraser St Unit 4Aurora, CO 80014(303) 368-5839View Map

View more Aurora agents

Exclusive Insurance Agents

Agents of this type write business for a single company and some examples include Allstate, Farmers Insurance or State Farm. They generally cannot provide prices from multiple companies so they really need to provide good service. Exclusive agencies are trained well on their company’s products and that can be a competitive advantage.

The following is a short list of exclusive insurance agents in Aurora willing to provide price quotes.

1278 S Chambers RdAurora, CO 80017(303) 343-3515View Map

3091 S Jamaica Ct #130Aurora, CO 80014(303) 597-1997View Map

15322 E Alameda Pkwy #25Aurora, CO 80017(303) 745-3174View Map

View more Aurora agents

Selecting an insurance agency should depend on more than just a cheap price quote. Below are some questions you should ask.

It may be expensive, but it’s not optional

Despite the high cost, insurance is required in Colorado but also provides important benefits.

The benefits of insuring your CR-V definitely exceed the price paid, particularly for liability claims. On average, a vehicle owner in Aurora is overpaying over $750 every year so compare rate quotes each time the policy renews to help ensure money is not being wasted.

You can lower your insurance rates

Drivers switch companies for any number of reasons including extreme rates for teen drivers, high rates after DUI convictions, being labeled a high risk driver or even high prices. Regardless of your reason, switching insurance companies is not as difficult as it may seem.

Discount Honda CR-V insurance in Aurora is attainable from both online companies and also from your neighborhood Aurora agents, and you should compare price quotes from both to have the best rate selection. Some insurance providers do not offer price quotes online and these smaller providers provide coverage only through independent insurance agents.

While you’re price shopping online, make sure you don’t reduce coverage to reduce premium. There have been many situations where an insured dropped comprehensive coverage or liability limits only to find out that the small savings ended up costing them much more. Your objective should be to buy the best coverage you can find at the best cost, but don’t skip important coverages to save money.

Helpful learning opportunities