Are you looking for a better way to compare more affordable Honda CR-V insurance in Minneapolis? Consumers that are new to comparing insurance rates on the web can find sourcing cheaper CR-V insurance is quite challenging.
Steps to finding affordable quotes for Honda CR-V insurance in Minneapolis
If saving money is your primary concern, then the best way to find low-cost prices for car insurance rates in Minneapolis is to compare quotes annually from companies who provide car insurance in Minnesota.
Step 1: Spend some time learning about auto insurance and the changes you can make to lower rates. Many rating factors that are responsible for high rates like speeding tickets, careless driving and a negative credit rating can be controlled by making lifestyle changes or driving safer. Read the full article for information to help prevent expensive coverage and get additional discounts that may be available.
Step 2: Obtain price quotes from independent agents, exclusive agents, and direct companies. Direct and exclusive agents can only provide price estimates from a single company like GEICO or State Farm, while independent agents can quote prices for a wide range of companies. Find a Minneapolis insurance agent
Step 3: Compare the new rates to your existing rates and determine if there is any savings. If you find better rates and decide to switch, make sure there is no lapse in coverage.
Step 4: Notify your agent or company of your decision to cancel your existing policy and submit a completed application and payment to your new carrier. As soon as you can, put the new certificate of insurance with your vehicle’s registration.
The critical component of shopping around is to make sure you’re comparing similar coverage information on every quote request and and to get prices from as many different insurance providers as possible. Doing this ensures a fair rate comparison and the best price selection.
It’s hard to fathom, but almost 70% of drivers renewed their policy with the same company for four years or more, and 38% of customers have never taken the time to shop around. With the average premium in Minnesota being $2,240, drivers could save $1,039 every year just by getting comparison quotes, but they think it’s difficult to go online and compare rates.
You should take the time to compare rates on a regular basis due to the fact that insurance prices tend to go up over time. If you had the best deal on Honda CR-V insurance in Minneapolis two years ago you can probably find a better rate quote now. There is a lot of bad information regarding CR-V insurance on the internet, but I’m going to show you the best ways to find affordable auto insurance in Minneapolis.
Earn discounts on Minneapolis insurance
Not many people think insurance is cheap, but there may be some discounts to reduce the price significantly. Many of these discounts will be applied automatically when you purchase, but a few need to be specifically requested prior to receiving the credit. If you do not double check each discount possible, you are paying more than you should be.
- Club Memberships – Belonging to specific professional or occupational memberships or organizations could trigger savings on your bill.
- Sign Early and Save – Some larger companies provide a discount for switching companies prior to your current CR-V insurance policy expiration. It can save you around 10%.
- College Student Discount – College-age children who are enrolled in a college that is more than 100 miles from Minneapolis and don’t have a car may qualify for this discount.
- Government Employee Discount – Simply working for the federal government can earn a discount up to 10% but check with your company.
- Seat Belts Save more than Lives – Drivers who always wear seat belts and also require passengers to wear their seat belts can save 10% or more off PIP or medical payments premium.
- Payment Method – If you can afford to pay the entire bill instead of paying each month you can actually save on your bill.
- No Claim Discounts – Good drivers with no accidents pay much less when compared to accident-prone drivers.
- Good Grades Discount – Being a good student can get you a discount of up to 25%. The good student discount can last well after school through age 25.
You should keep in mind that most discount credits are not given to the entire policy premium. The majority will only reduce the price of certain insurance coverages like physical damage coverage or medical payments. So when the math indicates you could get a free insurance policy, nobody gets a free ride. But all discounts will help reduce the amount you have to pay.
The diagram below visualizes the comparison of Honda CR-V auto insurance costs with and without policy discounts. The prices are based on a female driver, no claims, a clean driving record, Minnesota 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 homeowner, multi-car, claim-free, marriage, multi-policy, and safe-driver discounts applied.
Auto insurance companies that have most of these discounts may include but are not limited to:
When getting free Minneapolis auto insurance quotes, it’s a good idea to each company or agent which discounts they offer. A few discounts might not be offered in every state. For a list of insurance companies with significant discounts in Minnesota, click here to view.
The quickest method we recommend to compare insurance rates from multiple companies is to take advantage of the fact most larger insurance companies participate in a system to give free rates quotes. To start a quote, the only thing you need to do is spend a couple of minutes providing details including if the vehicle is leased, any included safety features, whether you are married, and if you require a SR-22. The rating information is instantly sent to all major companies and they provide comparison quotes instantly to find the best rate.
If you would like to start a quote now, click here and complete the form.
The companies shown below provide quotes in Minnesota. To find the cheapest car insurance in Minneapolis, we suggest you get rate quotes from several of them to find the lowest auto insurance rates.
Rate information and statistics
The information shown next highlights detailed analysis of prices for Honda CR-V models. Having knowledge of how insurance policy rates are established can help customers make smart choices when purchasing an auto insurance policy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| CR-V LX 2WD | $228 | $458 | $350 | $20 | $104 | $1,160 | $97 |
| CR-V EX 2WD | $228 | $458 | $350 | $20 | $104 | $1,160 | $97 |
| CR-V LX 4WD | $228 | $458 | $350 | $20 | $104 | $1,160 | $97 |
| CR-V EX 4WD | $262 | $458 | $350 | $20 | $104 | $1,194 | $100 |
| CR-V EX-L 2WD | $262 | $458 | $350 | $20 | $104 | $1,194 | $100 |
| CR-V EX-L 4WD | $262 | $458 | $350 | $20 | $104 | $1,194 | $100 |
| Get Your Own Custom Quote Go | |||||||
Table data represents single female driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Minnesota minimum liability limits. Discounts applied include homeowner, multi-policy, multi-vehicle, safe-driver, and claim-free. Table data does not factor in your specific Minneapolis location which can modify price quotes considerably.
Should you raise deductibles?
The hardest decision when buying coverage is where to set your physical damage deductibles. The rates shown below highlight the price difference of buying low and high physical damage coverage deductibles. The first set of rates uses a $100 deductible for physical damage and the second data table uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| CR-V LX 2WD | $238 | $406 | $270 | $16 | $80 | $1,035 | $86 |
| CR-V EX 2WD | $238 | $406 | $270 | $16 | $80 | $1,035 | $86 |
| CR-V LX 4WD | $238 | $406 | $270 | $16 | $80 | $1,035 | $86 |
| CR-V EX 4WD | $272 | $406 | $270 | $16 | $80 | $1,069 | $89 |
| CR-V EX-L 2WD | $272 | $406 | $270 | $16 | $80 | $1,069 | $89 |
| CR-V EX-L 4WD | $272 | $406 | $270 | $16 | $80 | $1,069 | $89 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| CR-V LX 2WD | $174 | $274 | $270 | $16 | $80 | $814 | $68 |
| CR-V EX 2WD | $174 | $274 | $270 | $16 | $80 | $814 | $68 |
| CR-V LX 4WD | $174 | $274 | $270 | $16 | $80 | $814 | $68 |
| CR-V EX 4WD | $200 | $274 | $270 | $16 | $80 | $840 | $70 |
| CR-V EX-L 2WD | $200 | $274 | $270 | $16 | $80 | $840 | $70 |
| CR-V EX-L 4WD | $200 | $274 | $270 | $16 | $80 | $840 | $70 |
| Get Your Own Custom Quote Go | |||||||
Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Minnesota minimum liability limits. Discounts applied include claim-free, safe-driver, multi-policy, homeowner, and multi-vehicle. Rates do not factor in specific location which can revise insurance rates substantially.
Based on the above data, using a $100 deductible would cost the average driver about $19 more each month or $228 a year across all Honda CR-V models than choosing the higher $500 deductible. Since you would have to pay $400 more if you file a claim with a $500 deductible as compared to a $100 deductible, if you normally go more than 21 months between claim filings, you would probably save some money if you choose the higher deductible.
Impact of citations and accidents on insurance rates
The information below shows how speeding tickets and at-fault accidents impact Honda CR-V yearly insurance costs for each different age group. The rate quotes are based on a single male driver, full coverage, $1,000 deductibles, and no discounts are factored in.
Auto insurance premiums based on gender
The example below shows the difference between Honda CR-V yearly insurance costs for male and female drivers. The premium estimates are based on no accidents or driving violations, full physical damage coverage, $100 deductibles, single marital status, and no discounts are taken into consideration.
When should I discuss my situation with an agent?
Keep in mind that when it comes to choosing the best auto insurance coverage, there is no best way to insure your cars. Coverage needs to be tailored to your specific needs.
Here are some questions about coverages that could help you determine whether your personal situation will benefit from professional help.
- What is the minimum liability in Minnesota?
- Will damage be repaired with OEM parts?
- How do I buy GAP insurance?
- Who does medical payments coverage extend to?
- What is roadside assistance coverage?
- Am I covered when driving in Canada or Mexico?
- What is the premium to book value ratio for dropping full coverage?
- Is borrowed equipment or tools covered if stolen or damaged?
If you’re not sure about those questions but a few of them apply then you might want to talk to an agent. To find lower rates from a local agent, take a second and complete this form.
Can’t I get rate quotes from local Minneapolis insurance agents?
Many people would prefer to visit with an insurance agent and there is nothing wrong with that. One of the best bonuses of comparing rates online is that you can find cheap insurance quotes and still have a local agent. Supporting local insurance agencies is still important in Minneapolis.
For easy comparison, once you complete this quick form, your information is sent to local insurance agents that can provide free Minneapolis auto insurance quotes and help you find cheaper coverage. There is no need to drive around as quotes are delivered immediately to you. You can get cheaper insurance rates and an insurance agent to talk to. If you need to quote rates from one company in particular, you can always navigate to their website and give them your coverage information.
Minneapolis car insurance agents come in two flavors
If you want to buy insurance from a reputable insurance agent or broker, you should know the types of agencies and how they are distinctly different. Minneapolis agents are categorized either independent agents or exclusive agents depending on their employer.
Independent Agents
These type of agents do not sell for just one brand so they can write business through many different insurance companies enabling the ability to shop coverage around. If you want to switch companies, your agent can just switch to a different company and you don’t have to find a new agent. When comparison shopping, you will want to compare prices from a few independent agents to have the best price comparison. Most can insure with smaller regional carriers which may have better rates.
Featured below is a small list of independent insurance agents in Minneapolis that can possibly get you comparison quotes.
- True Insurance Agency and Financial Services – Minneapolis Home and Auto Insurance
4708 Excelsior Blvd – St Louis Park, MN 55416 – (952) 388-2006 – View Map - Minneapolis St. Paul Agency Insurance and Risk Management
2469 University Ave W – St Paul, MN 55114 – (651) 647-9665 – View Map - Dedicated Insurance
2736 Lyndale Ave S – Minneapolis, MN 55408 – (612) 872-4004 – View Map
Exclusive Insurance Agents
Agents that choose to be exclusive can only provide one company’s prices such as Farmers Insurance, American Family, State Farm and Allstate. Exclusive agents cannot compare other company’s rates so you might not find the best rates. These agents are well schooled on their products and sales techniques and that enables them to sell even at higher rates. Many people use the same exclusive agent primarily because of the brand name rather than having the cheapest rates.
The following is a short list of exclusive insurance agents in Minneapolis that can give you comparison quotes.
- Allstate Insurance: Mohamud Isse
331 E Lake St – Minneapolis, MN 55408 – (612) 353-6667 – View Map - State Farm: Seth Bork Insurance Agency Incorporated
8347 University Ave NE D – Minneapolis, MN 55432 – (763) 780-2222 – View Map - American Family Insurance – Katie Bard
5459 Nicollet Ave – Minneapolis, MN 55419 – (612) 345-7900 – View Map
Choosing an auto insurance agent needs to be determined by more than just the price. You should also get answers to these questions.
- Does the agent have a valid license to sell insurance in Minnesota?
- If your car is totaled, how to they determine the replacement cost?
- Did they already check your driving record and credit reports?
- Do they have a Better Business Bureau rating in Minneapolis?
- Are they involved in claim handling?
How much can you save?
Budget-conscious Honda CR-V insurance is attainable online as well as from independent agents in Minneapolis, and you should compare rates from both to get a complete price analysis. Some car insurance companies may not provide online rate quotes and most of the time these regional insurance providers only sell through independent agents.
In this article, we presented some good ideas how you can find affordable Honda CR-V insurance in Minneapolis. The key concept to understand is the more companies you get auto insurance rates for, the better your chances of lowering your auto insurance rates. You may even find the best rates are with a smaller regional carrier.
When getting Minneapolis auto insurance quotes online, don’t be tempted to skimp on critical coverages to save a buck or two. In many cases, drivers have reduced comprehensive coverage or liability limits to discover at claim time that the small savings ended up costing them much more. Your strategy should be to purchase a proper amount of coverage at an affordable rate and still be able to protect your assets.
How to find better rates for Honda CR-V insurance in Minneapolis
Really, the only way to find low-cost prices for Honda CR-V insurance in Minneapolis is to regularly compare quotes from companies who sell auto insurance in Minnesota. Drivers can shop around by completing these steps.
- First, take a little time to learn about how your policy works and the modifications you can make to keep rates low. Many rating criteria that result in higher rates like speeding tickets, accidents and an imperfect credit history can be controlled by making minor driving habit or lifestyle changes.
- Second, compare price quotes from direct carriers, independent agents, and exclusive agents. Exclusive agents and direct companies can only give prices from one company like Progressive or Allstate, while agents who are independent can provide rate quotes from multiple insurance companies. Begin your rate comparison
- Third, compare the new quotes to the price on your current policy and see if there is a cheaper rate in Minneapolis. If you can save some money and change companies, make sure there is no lapse between the expiration of your current policy and the new one.
The critical component of shopping around is to make sure you’re comparing similar coverage information on every quote and and to compare as many auto insurance providers as possible. This guarantees the most accurate price comparison and plenty of rates choose from.
For more information, feel free to browse these articles:
- State Laws for Cellphones and Texting (iihs.org)
- Who Has the Cheapest Car Insurance Quotes for Inexperienced Drivers in Minneapolis? (FAQ)
- Who Has Cheap Auto Insurance Quotes for Teachers in Minneapolis? (FAQ)
- How Much are Car Insurance Rates for Safe Drivers in Minneapolis? (FAQ)
- Who Has Affordable Auto Insurance for Welfare Recipients in Minneapolis? (FAQ)
- What Insurance is Cheapest for Drivers with Good Credit in Minneapolis? (FAQ)
- Understanding Limits and Deductibles (Allstate)
- What Does No-Fault Insurance Cover? (Allstate)
- Car Insurance FAQ (Trusted Choice)
- Dangers of fake or stolen airbags (Insurance Institute for Highway Safety)