Cheap Insurance for a Honda CR-V in South Dakota

Our editors always tell us that when writing about car insurance, the words “cheap” or “affordable” should never be used anywhere to describe car insurance prices. Despite the oxymoron, cheap car insurance for a Honda CR-V just does not exist. But don’t let that discourage you, because we will tell you how you can get auto insurance that you can afford to pay for.

Your chances of finding cheaper insurance for a Honda CR-V in South Dakota is dependent upon a lot of rating criteria such as if you are married or single, whether or not you have prior claims, and any prior driving offenses. Drivers in South Dakota will pay around $660 every 12 months to insure a Honda CR-V, but that price is an approximation using a 30-year-old married female driver that has both comprehensive and collision coverage and $500 policy deductibles.

More likely than not, you aren’t exactly 30 years old or even a female, you might be single instead of married, or maybe your South Dakota zip code is rated higher than the example. What seems to be a minor change in quote information can result in a big discrepancy in the cost of insurance.

Each driver has unique rating factors, so your best shot at finding cheap insurance prices for your Honda is to do the rate comparisons yourself. Get your free quotes now and you can get prices from top-rated car insurance companies that offer coverage in South Dakota.

Insure Your Honda for Less

Your Honda’s trim level can impact the cost of insurance, so the price you will be charged to insure a CR-V LX 2WD model will be $24 less than the cost to insure the high end CR-V EX-L 4WD trim level, as shown in the table below.

Price data assumes married female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and South Dakota minimum liability limits. Discounts applied include multi-vehicle, safe-driver, claim-free, homeowner, and multi-policy. Estimates do not factor in South Dakota location which can lower or raise premium rates considerably.

Selecting the best car insurance company is hard considering how many choices there are in South Dakota. The ranking data displayed below could help you choose which providers you want to consider comparing price quotes from. These rankings include companies that insure vehicles nationwide, so smaller companies that only insure vehicles in South Dakota are not taken into consideration for the list.

Top 10 Major Auto Insurance Companies in South Dakota Ranked by A.M. Best Rating

1. USAA – A++
2. State Farm – A++
3. GEICO – A++
4. Nationwide – A+
5. Esurance – A+
6. The Hartford – A+
7. Progressive – A+
8. Allstate – A+
9. The General – A-
10. American Family – A

Top Companies for Honda CR-V Insurance in South Dakota

Types of discounts on South Dakota insurance

Car insurance companies that provide cheap insurance for a Honda CR-V in South Dakota may additionally offer special discounts that could lower prices by as much as 40% or more if you can meet the requirements. A few popular companies and some of the discounts are included below.

• GEICO offers premium reductions for emergency military deployment, seat belt use, air bags, daytime running lights, federal employee, multi-vehicle, and military active duty.
• Mercury Insurance has discounts for ease of repair, good student, accident-free, good driver, type of vehicle, multi-policy, and multi-car.
• Farmers Insurance may include discounts for mature driver, business and professional, switch companies, teen driver, electronic funds transfer, bundle discounts, and youthful driver.
• Auto-Owners Insurance may offer discounts for mature driver, company car, safe driver, paid in full, group or association, and anti-theft.
• Liberty Mutual includes discounts for teen driver discount, good student, exclusive group savings, newly married, hybrid vehicle, and new vehicle discount.
• SAFECO policyholders can earn discounts including drive less, multi-car, teen safe driver, anti-theft, bundle discounts, teen safety rewards, and anti-lock brakes.
• Progressive has savings for multi-vehicle, multi-policy, good student, online quote discount, and continuous coverage.
• USAA offers discounts including multi-vehicle, military installation, defensive driver, loyalty savings, good student, annual mileage, and family discount.

The illustration below shows the difference between auto insurance costs with and without some available policy discounts. The premiums are based on a female driver, no accidents, no driving violations, South Dakota state minimum liability limits, full physical damage coverage, and $1,000 deductibles.

The first bar for each age group shows insurance cost with no discounts. The second shows the rates with safe-driver, defensive driving course, marriage, anti-theft, passive restraint, and claim-free discounts applied. When drivers qualify for the discounts, the the average yearly reduction on auto insurance for a Honda CR-V is 28% or $334.

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The diagram below highlights how deductible choice can change insurance rates when searching for cheap insurance for a Honda CR-V. The premiums are based on a married female driver, full physical damage coverage, and no discounts are taken into consideration.

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A 40-year-old driver could save $210 a year by switching their comprehensive and collision coverages from a $100 deductible to a $500 deductible, or save $320 by changing to a $1,000 deductible. Youthful drivers, such as the Age 20 example, could reduce their rates as much as $522 or even more by choosing a higher deductible. If you make the decision to raise deductibles, it is essential to have plenty of money set aside to allow you to cover the extra out-of-pocket expense associated with higher deductibles.

Best rates: Geico, Progressive, State Farm, or Allstate

If you’re looking for the cheapest car insurance, four companies to take a look at are Geico, Progressive, State Farm, and Allstate. When added together, they make up over 45% of the entire U.S. car insurance market. The following table ranks price and claims rank as well as some different options that policyholders can buy.

Cheap Honda CR-V insurance quotes

There are a variety of different ways to find affordable auto insurance in South Dakota, but the most common methods are from an independent or non-exclusive agent, a captive (or exclusive) agent such as State Farm or Auto-Owners, or from a direct company like Progressive or Geico. Each way has the same basic steps, but auto insurance buyers need to understand the differences in how they work.

Independent agents have contracts with multiple insurance companies and can compare coverage rates with all of them. They are not restricted to one company and can give you a larger rate selection, which can help you get better odds of saving money. If a cheaper rate is found, they simply switch companies in-house and you can keep the same agent.

An exclusive agent is only able to give rates for just one company, a couple examples are Liberty Mutual and Allstate agents. They generally cannot shop your coverage around, so you need to shop around if the rates are high.

The final way is buying direct, which means you skip local insurance agents and instead buy direct online or over the phone from a company like Geico or Progressive. Buying auto insurance direct may be the best choice families who do not need high amounts of coverage and understand how auto insurance works and possible exclusions.

What is the best method for finding cheap insurance for a Honda CR-V in South Dakota? Most people assume that buying direct yields the cheapest rates since that prevents the need to pay agent commissions, but in reality, that argument does not hold true. We could also say that going through an independent agent is the best way because they can quote many companies, but that assumption is not true either. In many cases, the exclusive agents have price quotes well below independent agents AND direct companies.

Due to that fact that auto insurance uses so many rating variables, the best way to ensure you are not overpaying is to compare, compare, and compare some more. Make the effort to get prices from all three to get a good idea who is cheapest. For a list of companies offering online discounts, click here to view.