How Much Does Insurance Cost for a Honda CR-V in Missouri?

Buying affordable auto insurance for a Honda CR-V in Missouri is contingent on a complex rating formula that takes into consideration things like when you were born, your geographic location, and citations or violations on your driving record. Drivers in Missouri will pay on average $920 annually to buy insurance for a Honda CR-V, but that amount is a ballpark figure calculated based on a 30-year-old single female who requires both comprehensive and collision coverage and $100 physical damage deductibles.

Chances are that rate is not what you would pay, because most likely you aren’t exactly 30 years old or even a female, you might be married instead of single, or maybe your CR-V is an older model. Just a slight difference in the factors used to determine rates can precipitate large changes in rates.

Not every driver requires the same auto insurance coverages, so your best shot at finding the cheapest rates for your Honda is to comparison shop your policy at every renewal or at least every couple of years. Rate quotes are easy and you will receive price comparisons from some of the best companies in Missouri.

Find Cheaper Honda CR-V Insurance

Your vehicle’s trim level will have an impact the coverage cost, so the price you pay to insure a CR-V LX 2WD trim level will be $32 cheaper than the price to insure the high end CR-V EX-L 4WD trim level, as shown in the chart below.

Price data assumes single female driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Missouri minimum liability limits. Discounts applied include claim-free, multi-policy, safe-driver, homeowner, and multi-vehicle. Estimates do not factor in specific zip code location which can impact auto insurance rates noticeably.

Selecting a highly-rated auto insurance provider can be difficult considering how many different companies insure vehicles in Missouri. The information listed below may help you pick which car insurance providers you want to consider when looking for cheaper rates. These rankings are only comprised of large nationwide companies, so companies without a large exposure will not be included in this list.

Top 10 Large Auto Insurance Companies in Missouri Ranked by A.M. Best Rating

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

Top 10 Large Auto Insurance Companies in Missouri Ranked by Customer Satisfaction

1. USAA – 92%
2. American Family – 88%
3. State Farm – 88%
4. Nationwide – 88%
5. 21st Century – 88%
6. The Hartford – 87%
7. Progressive – 87%
8. AAA Insurance – 87%
9. Farmers Insurance – 87%
10. Liberty Mutual – 87%

Top Companies for Honda CR-V Insurance in Missouri

Get discount Missouri car insurance rates

Auto insurance companies that sell cheap insurance for a Honda CR-V in Missouri may provide price discounts that could reduce prices by 25% or more if you meet certain criteria. Popular car insurance companies and some of the discounts are included below.

• GEICO includes discounts for multi-vehicle, membership and employees, federal employee, multi-policy, seat belt use, air bags, and good student.
• Travelers offers premium reductions for home ownership, multi-policy, IntelliDrive, student away at school, payment discounts, multi-car, and driver training.
• Nationwide may offer discounts for business or organization, anti-theft, good student, defensive driving, multi-policy, and easy pay.
• Farmers Insurance has discounts for switch companies, early shopping, electronic funds transfer, mature driver, business and professional, good student, and youthful driver.
• Esurance policyholders can earn discounts including Switch & Save, paid-in-full, anti-lock brakes, online quote, homeowner, and Pac-12 alumni.
• State Farm may have discounts that include defensive driving training, safe vehicle, passive restraint, Drive Safe & Save, accident-free, and driver’s education.
• Progressive has savings for homeowner, online quote discount, online signing, continuous coverage, good student, multi-vehicle, and multi-policy.
• Mercury Insurance offers discounts for good driver, type of vehicle, multi-car, accident-free, annual mileage, and age of vehicle.

The chart below shows the comparison of auto insurance costs with and without discounts. The rates are based on a male driver, no violations or accidents, Missouri state minimum liability limits, comprehensive and collision coverage, and $250 deductibles.

The first bar for each age group shows premium with no discounts. The lower bar shows the rates with defensive driving course, multiple policy, multiple vehicle, accident-free, vehicle safety, and passive restraint discounts applied. When taking advantage of discounts, the the amount saved on car insurance for a Honda CR-V is 27% or $394.

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Rate comparison of full coverage and liability-only

Finding cheap insurance for a Honda CR-V in Missouri is important to most people, and an effective way to find cheap insurance is to not insure for full coverage. The diagram below shows the comparison of annual premium costs when comparing full coverage to liability only. The rate quotes are based on no claims, a clean driving record, $500 deductibles, single marital status, and no additional discounts are factored in.

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As an overall average, full coverage costs an extra $1,288 per year over liability only. Many drivers may wonder if full coverage is worth the money. There is no written rule of when to phase out comp and collision coverage, but there is a guideline you can consider. If the yearly cost of comp and collision coverage is more than 10% of any settlement you would receive from your insurance company, then it might be time to consider dropping full coverage.

For example, let’s pretend your vehicle’s replacement value is $8,500 and you have $1,000 full coverage deductibles. If your vehicle is severely damaged, the most you would receive is $7,500 after you pay the deductible. If it’s costing in excess of $750 annually for comprehensive and collision coverage, then it might be time to consider dropping full coverage.

There are some scenarios where dropping full coverage is not a good idea. If you still have a lienholder on your title, you have to keep full coverage to satisfy the loan requirements. Also, if you cannot afford to purchase a different vehicle in the even your car is totaled, you should not drop full coverage.