How Much are Insurance Quotes for a Honda CR-V in Connecticut?

When the topic is auto insurance, the words cheap or affordable should not appear anywhere in the article as a descriptor for auto insurance rates. Forgive the oxymoron, but cheap car insurance for a Honda CR-V is not always easy to find. But don’t let that discourage you, because we can show you some ways you can still get auto insurance that you can afford to pay for.

The likelihood of finding cheaper auto insurance for a Honda CR-V in Connecticut depends upon factors such as how old the vehicle is, whether or not you are currently insured, and the level of deductible you choose. Drivers in Connecticut pay an average rate of $760 a year for CR-V insurance, but that price is an estimate calculated using a 40-year-old married female that included both comprehensive and collision coverage and $500 deductibles.

There is a good possibility you are not 40 years old and maybe not even female, single instead of married, and there is a good chance that you need different coverage limits than the exampe. Auto insurance requires individual risk assessment, so the only real way to find cheap car insurance rates for your Honda is to do your own rate comparisons. To start saving now, get free quotes and you will receive prices from some of the best companies that insure Honda vehicles in Connecticut.

Save Now on CR-V Insurance

The specific trim level impacts the insurance rate, so the price you will pay to insure a CR-V LX 2WD trim level will be $24 less than the cost to insure the more costly CR-V EX-L 4WD version, as shown in the table below.

Data rating is based on married female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Connecticut minimum liability limits. Discounts applied include homeowner, multi-vehicle, multi-policy, claim-free, and safe-driver. Premium costs do not factor in specific zip code location which can impact premiums noticeably.

Selecting the highest-rated company can be challenging considering how many companies are available to choose from in Connecticut. The company ratings in the next section may help you choose which coverage providers you want to consider when trying to find the cheapest insurance for a Honda CR-V. The rankings below are only comprised of major nationwide insurance companies, so companies that focus mainly on Connecticut business are not included in the list.

The illustration below highlights how deductible choice can change insurance costs when getting quotes for cheap insurance for a Honda CR-V. The premiums assume a single male driver, comp and collision included, and no policy discounts are applied.

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As shown above, a 30-year-old driver could lower their policy premium by $318 a year by changing their physical damage coverage from a $100 deductible up to a $500 deductible, or save $482 by switching to a $1,000 deductible. Youthful drivers, such as the 20-year-old example, can save $930 or even more just by choosing higher deductibles when buying full coverage. When increasing deductibles, it will be necessary to have enough funds in savings to allow you to cover the extra out-of-pocket expense, which is the one disadvantage of using larger deductibles.

Drive safe and save

The best way to enjoy the most affordable auto insurance premiums in Connecticut for a CR-V is to drive safe and not receive tickets or have accidents. The diagram below illustrates how speeding tickets and accident claims influence insurance premiums for different age groups. The information is based on a single male driver, comp and collision included, $100 deductibles, and no other discounts are factored in.

google.charts.setOnLoadCallback(drawVioqcibChart);function drawVioqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘No Violations or Accidents’, ‘Two Speeding Tickets and No Accidents’, ‘Two Speeding Tickets and Two Accidents’],[‘Age 20’, 3385,4037,6325],[‘Age 30’, 1763,2409,4699],[‘Age 40’, 1745,2393,4685],[‘Age 50’, 1585,2233,4527],[‘Age 60’, 1531,2179,4471],[‘Age 70’, 1855,2501,4795]]);var options = {title: ‘Impact of Citations and Accidents on Connecticut Honda CR-V Insurance’,titleTextStyle: {color: ‘#333’, fontSize: 17, bold: true},width: ‘100%’,height: 600,’chartArea’: {left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’,textStyle: {fontSize: 12}},colors:[‘#b2da64′,’#eed355′,’#e39e71’],hAxis: {title: ‘Annual Insurance Cost for a Honda CR-V in Connecticut’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);formatter.format(data,3);var chart = new google.visualization.BarChart(document.getElementById(‘qcibvio’));chart.draw(data, options);}

In the prior example, the average cost of auto insurance in Connecticut per year with no accidents and a clean driving record is $1,977. Get written up for two speeding tickets and the average cost jumps to $2,625, an increase of $648 each year. Then add in two accidents along with the two speeding tickets and the 12-month cost of auto insurance for a Honda CR-V increases to an average of $4,917. That’s an increase of $2,940, or $245 per month, just for not paying attention while driving!

Which car insurance company is best?

When buying insurance for a CR-V, four of the larger companies to compare rates for are Allstate, Progressive, State Farm, and Geico. If you add them together, they insure almost half of all vehicles in the U.S.. The data below compares and contrasts ratings for price, service, and claims, in additional to some of the optional coverages that are available from each company.