Best Cheap Insurance for a Honda CR-V in Maine

The chances of buying the cheapest auto insurance for a Honda CR-V in Maine is contingent on a complex rating formula that takes into consideration things such as when you were born, if you are currently insured, and any prior driving offenses you have. Drivers in Maine pay on average $460 every 12 months to buy Honda CR-V insurance, but that price is rating a 40-year-old single male driver who needs comprehensive and collision coverage and $1,000 policy deductibles.

There is a very good chance that you may not be 40 years old (or even male), married instead of single, or maybe your CR-V is a different trim level than the example. Having the smallest difference in rating criteria or coverage limits can result in big changes in the amount insurance costs for a Honda CR-V.

Each driver has unique rating factors, so the best way to find affordable rates for your Honda is to start the habit of comparing rates at least once a year.

Insure Your Honda for Less

The specific model of CR-V will likely have an effect on the insurance rate, so the price to insure a CR-V LX 2WD trim level will be $12 lower than the cost to insure the higher-priced CR-V EX-L 4WD version, as shown in the table below.

Data based on single male driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Maine minimum liability limits. Discounts applied include homeowner, safe-driver, claim-free, multi-vehicle, and multi-policy. Premium costs do not factor in vehicle location which can lower or raise auto insurance rates noticeably.

Choosing the best car insurance provider can be rather challenging considering how many companies sell insurance in Maine. The company rank data listed below can help you pick which insurers to look at purchasing from.

These rankings are only comprised of the largest auto insurers in America, so smaller companies that only insure vehicles in Maine are not included in these rankings. If you wish to compare rates from these and other competitive companies, click here.

Top 10 Major Car Insurance Companies in Maine Ranked by Customer Satisfaction

1. The Hartford – 93%
2. The General – 91%
3. Progressive – 90%
4. 21st Century – 89%
5. State Farm – 87%
6. Travelers – 87%
7. USAA – 87%
8. Safeco Insurance – 86%
9. AAA Insurance – 86%
10. American Family – 85%

Top Companies for Honda CR-V Insurance in Maine

The chart below illustrates how choosing a deductible can influence insurance prices when searching for cheap insurance for a Honda CR-V. The costs are based on a married male driver, comprehensive and collision coverage, and no discounts are factored in.

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The chart above illustrates that a 30-year-old driver could pocket $158 a year by switching the physical damage coverage from a $100 deductible to a $500 deductible, or save $238 by changing to a $1,000 deductible. Youthful drivers, like the Age 20 chart data, could possibly save up to $472 or even more just by choosing higher deductibles when buying full coverage. If you do raise deductibles, it will be necessary to have enough savings set aside to cover the extra out-of-pocket expense, which is the one disadvantage of using larger deductibles.

Discounts on the best cheap insurance for a Honda CR-V in Maine

Insurers that provide coverage for a Honda CR-V may also give you price discounts that could lower prices by as much as 35% or more if you qualify. A list of auto insurance companies and a selection of discounts are outlined below.

• American Family may have discounts that include Steer into Savings, TimeAway discount, multi-vehicle, good driver, accident-free, and good student.
• Nationwide may include discounts for good student, business or organization, family plan, anti-theft, and defensive driving.
• MetLife policyholders can earn discounts including multi-policy, defensive driver, good driver, claim-free, and good student.
• 21st Century offers premium reductions for driver training, theft prevention, anti-lock brakes, defensive driver, air bags, and automatic seat belts.
• Farmers Insurance offers discounts for good student, distant student, homeowner, mature driver, teen driver, and business and professional.
• Allstate discounts include utility vehicle, 55 and retired, safe driver, eSmart discount, new car, passive restraint, and defensive driver.

The chart below visualizes the comparison of insurance costs with and without some available policy discounts. The costs are based on a male driver, no driving violations, no at-fault accidents, Maine state minimum liability limits, comprehensive and collision coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second bar shows the rates with multiple vehicle, vehicle safety, safe-driver, accident-free, claim-free, and passive restraint discounts applied. When these discounts are applied, the the average yearly reduction on auto insurance for a Honda CR-V is 27% or $301.

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Which major car insurance company is best?

If you’re looking for the best car insurance, the top insurers to get price quotes from are State Farm, Progressive, Geico, and Allstate. Between them, they make up nearly half of all auto insurance written. The table below rates ratings and policy coverage options shoppers can expect to find with each one.