Compare Honda CR-V Insurance Rates in Philadelphia

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Insurance for Honda CR-VWant to know how to find low-cost auto insurance rates in Philadelphia, PA? Philadelphia consumers have a choice when looking for the lowest priced Honda CR-V insurance. They can either waste time contacting agents trying to get quotes or use the internet to compare rates. There is a right way and a wrong way to find auto insurance online so you're going to learn the quickest way to price shop coverage on a Honda and find the best price possible.

Finding a better price on car insurance is an easy way to save money. The only requirement is to take time comparing free Philadelphia auto insurance quotes to find the company with affordable Honda CR-V insurance quotes.

The companies shown below have been selected to offer price comparisons in Philadelphia, PA. If several companies are displayed, we suggest you visit several of them to find the most affordable car insurance rates.

Premium rates and analysis

The premium information shown next covers different insurance policy prices for Honda CR-V models. Learning how auto insurance premiums are established is important for you to make informed decisions when shopping around for a new policy.

Honda CR-V Insurance Rates in Philadelphia, PA
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
CR-V LX 2WD $212 $434 $316 $18 $94 $1,074 $90
CR-V EX 2WD $212 $434 $316 $18 $94 $1,074 $90
CR-V LX 4WD $212 $434 $316 $18 $94 $1,074 $90
CR-V EX 4WD $244 $434 $316 $18 $94 $1,106 $92
CR-V EX-L 2WD $244 $434 $316 $18 $94 $1,106 $92
CR-V EX-L 4WD $244 $434 $316 $18 $94 $1,106 $92
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Cost estimates assume single male driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Pennsylvania minimum liability limits. Discounts applied include multi-policy, multi-vehicle, homeowner, safe-driver, and claim-free. Table data does not factor in Philadelphia location which can modify coverage rates noticeably.

Physical damage deductibles: Should you raise them?

One of the more difficult decisions when buying car insurance is how high should your deductibles be. The data tables below show the rate difference when you buy lower versus higher coverage deductibles. The first rate comparisons uses a $250 deductible for physical damage and the second set of prices uses a $500 deductible.

Honda CR-V insurance rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
CR-V LX 2WD $222 $352 $280 $16 $84 $979 $82
CR-V EX 2WD $222 $352 $280 $16 $84 $979 $82
CR-V LX 4WD $222 $352 $280 $16 $84 $979 $82
CR-V EX 4WD $254 $352 $280 $16 $84 $1,011 $84
CR-V EX-L 2WD $254 $352 $280 $16 $84 $1,011 $84
CR-V EX-L 4WD $254 $352 $280 $16 $84 $1,011 $84
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Honda CR-V insurance rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
CR-V LX 2WD $180 $284 $280 $16 $84 $844 $70
CR-V EX 2WD $180 $284 $280 $16 $84 $844 $70
CR-V LX 4WD $180 $284 $280 $16 $84 $844 $70
CR-V EX 4WD $206 $284 $280 $16 $84 $870 $73
CR-V EX-L 2WD $206 $284 $280 $16 $84 $870 $73
CR-V EX-L 4WD $206 $284 $280 $16 $84 $870 $73
Get Your Own Customized Quote Go

Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, and Pennsylvania minimum liability limits. Discounts applied include safe-driver, claim-free, multi-vehicle, multi-policy, and homeowner. Premium costs do not factor in the specific area where the vehicle is garaged which can lower or raise auto insurance rates significantly.

Based on the above data, using a $250 deductible costs roughly $11 more each month or $132 a year averaged for all CR-V models than opting for the higher $500 deductible. Since you would have to pay $250 more out of your own pocket with a $500 deductible as compared to a $250 deductible, if you tend to have at a minimum 23 months between claims, you would save more money if you opt for a higher deductible. Here is an example of how you can make this decision for your own policy.

Average monthly premium for $250 deductibles: $83
Average monthly premium for $500 deductibles (subtract): - $72
Monthly savings from raising deductible: $11
Difference between deductibles ($500 - $250): $250
Divide difference by monthly savings: $250 / $11
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 23 months

An important thing to remember is that increasing deductibles to lower your rates means you pay more out-of-pocket when you have a comprehensive or collision claim. That will require enough money put aside in the event you need to pay more to get your vehicle repaired.

Rate increases following a ticket or accident

The diagram below highlights how traffic violations and at-fault fender-benders can increase Honda CR-V annual premium costs for different age groups of insureds. The data is based on a single female driver, full physical damage coverage, $500 deductibles, and no policy discounts are applied.

Determine discounts to get cheap Philadelphia car insurance rates

Car insurance can cost a lot, but companies offer discounts that could drop your premiums quite a bit. Certain discounts will be applied at quote time, but a few must be requested specifically before you get the savings. If they aren't giving you every credit you qualify for, you are just wasting money.Discount car insurance

  • Anti-lock Brakes - Cars, trucks, and SUVs that have anti-lock braking systems prevent accidents so you can save 10 percent or more.
  • Auto/Life Discount - Not every insurance company offers life insurance, but if they do you may earn a lower car insurance rate if you buy a life policy as well.
  • Senior Discount - Older drivers can get a small discount on rates.
  • No Claims - Claim-free drivers pay much less when compared with policyholders that have many claims.
  • Government Employees - Being employed by or retired from a federal job can save as much as 8% with a few car insurance companies.
  • Online Discount - A handful of car insurance companies will give a small break simply for signing on the web.
  • Early Renewal Discounts - A few companies allow discounts for buying a policy before your current expiration date. It could save around 10% when you buy Philadelphia auto insurance online.
  • Distant Student - Youth drivers living away from Philadelphia attending college and do not have access to a covered vehicle may qualify for this discount.
  • Discounts for Seat Belt Usage - Drivers who always wear seat belts and also require passengers to buckle up may be able to save a few bucks on medical payment and PIP coverage.
  • Multiple Vehicles - Buying a policy with multiple vehicles with the same company can reduce the rates for all insured vehicles.

A little note about advertised discounts, most discount credits are not given to your bottom line cost. Most cut specific coverage prices like comprehensive or collision. Even though the math looks like adding up those discounts means a free policy, insurance companies wouldn't stay in business. Any qualifying discounts will help reduce your premiums.

The example below compares Honda CR-V auto insurance costs with and without discounts applied to the policy rates. The premiums are based on a male driver, no tickets, no at-fault accidents, Pennsylvania state minimum liability limits, comp and collision included, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, multi-policy, safe-driver, marriage, multi-car, and claim-free discounts applied.

Some of the insurance companies that may offer some of the above discounts possibly include:

When comparing rates, check with each company to give you their best rates. Some discounts may not be offered in Philadelphia. To find companies who offer car insurance discounts in Pennsylvania, click here.

Three good reasons to insure your vehicle

Despite the high insurance cost for a Honda CR-V in Philadelphia, insuring your vehicle may not be optional for several reasons.

  • Just about all states have compulsory liability insurance requirements which means the state requires a specific level of liability in order to drive the car legally. In Pennsylvania these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.
  • If you bought your CR-V with a loan, almost every bank will require that you have physical damage coverage to ensure loan repayment if the vehicle is totaled. If you do not keep the policy in force, the bank or lender will purchase a policy for your Honda for a lot more money and make you pay for it.
  • Insurance protects not only your Honda but also your financial assets. It will also pay for hospital and medical expenses for you, your passengers, and anyone else injured in an accident. Liability insurance, one of your policy coverages, also covers legal expenses if you are sued as the result of your driving. If mother nature or an accident damages your car, your policy will pay all costs to repair after the deductible has been paid.

The benefits of carrying enough insurance definitely exceed the price paid, particularly when you have a large claim. As of last year, the average driver in Pennsylvania is overpaying more than $865 each year so compare rate quotes once a year at a minimum to make sure the price is not too high.

You may need specialized auto insurance coverage

When selecting a policy, there really isn't a one-size-fits-all type of policy. Everyone's needs are different.Drive safe and save

Here are some questions about coverages that can aid in determining if your insurance needs might need an agent's assistance.

  • Can I get a multi-policy discount?
  • Am I covered when driving someone else's vehicle?
  • Are rental cars covered under my policy?
  • Is there coverage for my trailer?
  • Am I covered when using my vehicle for business?
  • Who does medical payments coverage extend to?
  • How much cheaper are high deductibles?

If it's difficult to answer those questions but you know they apply to you, then you may want to think about talking to a licensed agent. To find lower rates from a local agent, take a second and complete this form. It's fast, doesn't cost anything and you can get the answers you need.

Get rate quotes but still have a local Philadelphia insurance agency

Many people would prefer to talk to an insurance agent and that is not a bad decision Agents are trained to spot inefficiencies and help file insurance claims. The biggest benefit of comparing insurance prices online is that you can find the lowest rates and also buy local.

Insurance agents in PhiladelphiaTo make it easy to find an agent, after completing this simple form, your coverage information is sent to local insurance agents who will give you quotes for your business. You won't need to find an agent on your own due to the fact that quote results will go to the email address you provide. In the event you want to get a price quote from a specific company, you can always search and find their rate quote page and submit a quote form there.

Picking a insurer shouldn't rely on just a low price. The questions below may impact your decision as well.

  • How much will you save each year by using a higher deductible?
  • In the event of vehicle damage, can you pick the collision repair facility?
  • Which companies do they recommend if they are an independent agency?
  • Is the quote a firm price?
  • If you have an accident, will your rates go up?
  • Do you work with a CSR or direct with the agent?

Choose an insurance agent wisely

When narrowing the list to find a reliable insurance agency, you must know there are a couple types of insurance agents and how they work. Auto insurance policy providers can either be exclusive or independent agents depending on their company appointments. Either type can do a good job, but it's worth mentioning the subtle differences since it can affect buying decisions.

Exclusive Insurance Agencies

Agents that elect to be exclusive normally can only provide a single company's rates and some examples include AAA, State Farm, Farmers Insurance, and Allstate. Exclusive agents cannot provide other company's prices so they have no alternatives for high prices. They are usually quite knowledgeable on the products they sell which can be an advantage. Some people will only buy from exclusive agents mostly because of the brand and strong financial ratings.

Listed below is a short list of exclusive insurance agencies in Philadelphia who may provide you with price quote information.

More Philadelphia agents

Independent Insurance Agents

Agents that elect to be independent are not required to write business for one company so they can write business with an assortment of companies and find you cheaper rates. If they find a lower price, they simply switch companies in-house and you can keep the same agent.

When shopping rates, you should always compare quotes from several independent insurance agents to have the best price comparison. Many can place coverage with smaller companies that may have much lower rates than larger companies.

Below are independent agencies in Philadelphia willing to provide price quotes.

More Philadelphia agents