Finding the cheapest car insurance for a Honda CR-V is pretty easy for most people, but it is dependent upon a pretty complex algorithm that uses a lot of factors such as how far you drive to work, your geographic location, and driving violations and tickets. Drivers in California pay approximately $1,093 a year to insure their CR-V, but that amount is an estimation based upon a 30-year-old single female driver with both comprehensive and collision coverage and $1,000 deductibles.
More likely than not, you are not 30 and maybe not even a female, married instead of single, or maybe you are just looking for cheap liability insurance. Even a minor change in policy rating criteria or coverages can result in a big discrepancy in the cost of insuring your CR-V.
There is no one cookie-cutter policy that works for everyone, so the only real way to find affordable rates for your Honda is to just compare rates yourself.
Your Honda’s trim level tends to have a direct effect on the yearly cost, so the rate you pay to insure a CR-V LX 2WD trim level will cost $30 less than the price to insure the high end CR-V EX-L 4WD version, as shown in the prices below.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| CR-V LX 2WD | $204 | $366 | $508 | $30 | $152 | $1,260 | $105 |
| CR-V EX 2WD | $204 | $366 | $508 | $30 | $152 | $1,260 | $105 |
| CR-V LX 4WD | $204 | $366 | $508 | $30 | $152 | $1,260 | $105 |
| CR-V EX 4WD | $234 | $366 | $508 | $30 | $152 | $1,290 | $108 |
| CR-V EX-L 2WD | $234 | $366 | $508 | $30 | $152 | $1,290 | $108 |
| CR-V EX-L 4WD | $234 | $366 | $508 | $30 | $152 | $1,290 | $108 |
| Get Your Own Custom Quote Go | |||||||
Above prices assume single female driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and California minimum liability limits. Discounts applied include safe-driver, multi-policy, multi-vehicle, claim-free, and homeowner. Prices do not factor in vehicle location which can increase or decrease insurance rates considerably.
Finding reliable, cheap car insurance is easier said than done, and deciding which company quotes the most affordable insurance rates for a Honda CR-V involves even more shopping around.
Every insurance company uses a slightly different approach for determining rates in each state, so we need to take a look at the most affordable insurance companies in Chula Vista.
Compare Cheap Insurance Quotes for Your Honda
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | USAA | $1,155 |
| 2 | Century National | $1,178 |
| 3 | Wawanesa | $1,192 |
| 4 | CSAA | $1,198 |
| 5 | Nationwide | $1,263 |
| 6 | 21st Century | $1,379 |
| 7 | Grange | $1,447 |
| 8 | Progressive | $1,496 |
| 9 | Allstate | $1,497 |
| 10 | Mercury | $1,503 |
| 11 | GEICO | $1,513 |
| 12 | Allied | $1,556 |
| 13 | MetLife | $1,606 |
| 14 | The Hartford | $1,623 |
| 15 | State Farm | $1,699 |
| 16 | Esurance | $1,705 |
| 17 | Unitrin | $1,733 |
| 18 | Bristol West | $1,777 |
| 19 | Travelers | $1,842 |
| 20 | Farmers | $1,946 |
| Get Personalized Rates Go | ||
USAA offers some of the lowest car insurance rates in Chula Vista at around $1,155 each year. Century National, Wawanesa, CSAA, and Nationwide also are some of the cheaper Chula Vista, CA auto insurance companies.
In the rate table above, if you currently buy coverage from CSAA and switched to USAA, you might see savings of roughly $43. California drivers with Nationwide may save as much as $108 a year, and 21st Century insureds might lower prices by $224 a year.
Be aware that those premiums are averaged across all drivers and vehicles in California and are not factoring in an exact location for a Honda CR-V. So the car insurance company that fits you best may not even be in the top 24 companies in the list above. That’s why you need to compare as many prices as possible using your own personalized driver profile and vehicle information.
How much more does full coverage cost?
Saving money when shopping for insurance should be important to the majority of drivers, and one of the fastest ways to pay less for insurance for a Honda CR-V is to only buy liability coverage. The diagram below shows the difference between premium costs with full coverage compared to only the California minimum liability coverage. The prices are based on no violations or accidents, $250 deductibles, single status, and no additional discounts are factored in.
Averaged for all age groups, comp and collision coverage costs an extra $2,314 per year over and above liability only. Many drivers will wonder if it’s a good idea to buy full coverage. There is no definitive rule for eliminating physical damage insurance, but there is a broad guideline. If the annual cost of your full coverage insurance is more than 10% of any settlement you would receive from your insurance company, then it’s probably a good time to buy liability coverage only.
For example, let’s pretend your vehicle’s replacement cost is $4,000 and you have $1,000 physical damage deductibles. If your vehicle is destroyed, the most you would receive is $3,000 after paying the physical damage deductible. If premium cost is more than $300 annually for full coverage, then you might want to consider buying only liability coverage.
Discount Chula Vista car insurance
Auto insurance companies that offer quotes for a Honda CR-V may additionally offer price discounts that may potentially lower prices by as much as 35% if you qualify for them. Popular insurance companies and their offered discounts can be read below.
- American Family may have discounts that include air bags, early bird, accident-free, Steer into Savings, and bundled insurance.
- Farm Bureau has savings for renewal discount, youthful driver, multi-vehicle, good student, and safe driver.
- State Farm policyholders can earn discounts including good student, multiple autos, Steer Clear safe driver discount, good driver, safe vehicle, anti-theft, and defensive driving training.
- Travelers discounts include multi-policy, payment discounts, good student, hybrid/electric vehicle, driver training, and new car.
- The Hartford may offer discounts for vehicle fuel type, air bag, defensive driver, driver training, anti-theft, bundle, and good student.
- GEICO may include discounts for multi-policy, good student, daytime running lights, seat belt use, defensive driver, air bags, and military active duty.
- Progressive offers discounts including continuous coverage, homeowner, multi-policy, multi-vehicle, online quote discount, online signing, and good student.
The example below shows the comparison of yearly insurance costs with and without discounts applied to the premium. The data is based on a female driver, no driving violations, no at-fault accidents, California state minimum liability limits, comprehensive and collision coverage, and $1,000 deductibles.
The first bar for each age group shows insurance cost with no discounts. The second bar shows the rates with multiple policy, vehicle safety, homeowner, anti-theft, defensive driving course, and safe-driver discounts applied. When drivers qualify for the discounts, theaverage yearly reduction on insurance for a Honda CR-V is 28% or $493.
The illustration below shows how different deductible levels can impact insurance costs when searching for cheap insurance for a Honda CR-V. The premiums assume a single female driver, comprehensive and collision coverage, and no policy discounts are applied.
A 40-year-old driver could lower their car insurance rates by $366 a year by switching their comprehensive and collision coverages from a $100 deductible to a $500 deductible, or save $554 by using a $1,000 deductible. Young drivers, like the 20-year-old, can cut as much as $918 each year just by using higher deductibles. When raising deductibles, it is essential to have plenty of money set aside to enable you to pay the extra out-of-pocket expense. That is the one drawback of using higher deductibles.