Cheapest Insurance for a Honda CR-V in New Hampshire

Since we’re writing about car insurance, the words “affordable” or “cheap” should not appear as a descriptor for auto insurance rates. Be that as it may, cheap auto insurance for a Honda CR-V is pretty hard to find. We’ll try to make it up to you, because we are going to tell you how you can find auto insurance that is cheaper than what you have now.

Your ability to find cheaper insurance for a Honda CR-V in New Hampshire is dependent upon many factors like how long your commute is, if you have ever had a coverage lapse, and any prior driving offenses. New Hampshire drivers pay on average $670 annually to buy insurance for a Honda CR-V, but that policy rate is a projection that uses rate data for a 30-year-old single female driver who needs full coverage and $500 policy deductibles.

It’s more than likely that you may not be 30 years old (or even female), married instead of single, or you have a violation or two on your driving record. What appears to be a small change in policy rating variables can result in a big discrepancy in the cost of insurance for a Honda CR-V.

Every driver’s needs are different, and that is why your best shot at finding the cheapest insurance price for your Honda is to make a habit of regularly comparing rates from other companies.

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The specific trim level has an effect on the cost of coverage, so the price you pay to insure a CR-V LX 2WD trim level will cost $22 less than the cost to insure the fancier CR-V EX-L 4WD version, as demonstrated by the prices below.

Data based on single female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and New Hampshire minimum liability limits. Discounts applied include multi-policy, homeowner, claim-free, multi-vehicle, and safe-driver. Rate information does not factor in zip code location which can alter auto insurance rates significantly.

Establishing which companies have the best insurance rates for a Honda CR-V may require a little more effort in order to find the lowest price quote. Each auto insurance company has a proprietary formula for filing rates in each state, so let’s take a look at the most affordable insurance companies in New Hampshire.

Best Auto Insurance Prices for Your Honda

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Concord normally has some of the lowest car insurance rates in New Hampshire at around $705 per year. Travelers, Patriot, USAA, and Amica also rank well as some of the best New Hampshire insurance companies.

In this example, if you are currently insured with Amica and switched to Travelers, you may see an annual savings of in the neighborhood of $157. Policyholders with Vermont Mutual might save as much as $168 a year, and Encompass policyholders might cut rates by $302 a year.

To see how much you can save, click here to start your custom quote or visit several of the following companies.

Understand that those premium estimates are averages for all ages of drivers and types of vehicles and and are not figured with a specific rate factor for a Honda CR-V. So the car insurance company that fits your situation best may not even be shown in the list above. That’s why you need to quote rates from as many companies as possible using your own personal information and vehicle type.

Accidents and violations increase rates

In a perfect world, the best way to receive the most affordable insurance prices for a CR-V is to pay attention while driving and maintain a clean driving record. The illustration below illustrates how violations and accident claims increase premium costs for different age groups of insureds. The costs are based on a single female driver, full coverage, $500 deductibles, and no discounts are applied.

In the previous chart, the average cost of a car insurance policy in New Hampshire per year with no violations or accidents is $1,096. Get written up for one speeding ticket and the average cost rises to $1,241, an increase of $145 each year. Then throw in one accident along with the one speeding ticket and the annual cost of insurance for a Honda CR-V goes up to an average of $1,641. That’s an increase of $545, or $45 per month, just for not driving carefully!

Discounts on New Hampshire car insurance rates

Insurers that sell the cheapest insurance for a Honda CR-V in New Hampshire may have special discounts that may potentially lower prices by as much as 35% or more if you are eligible for them. A list of insurance companies and some of their more popular discounts can be read below.

• State Farm may include discounts for driver’s education, accident-free, multiple autos, Steer Clear safe driver discount, Drive Safe & Save, safe vehicle, and anti-theft.
• Farmers Insurance may offer discounts for mature driver, pay in full, distant student, alternative fuel, early shopping, and youthful driver.
• Progressive includes discounts for multi-policy, online signing, multi-vehicle, good student, online quote discount, homeowner, and continuous coverage.
• GEICO policyholders can earn discounts including daytime running lights, air bags, membership and employees, five-year accident-free, defensive driver, anti-theft, and anti-lock brakes.
• Auto-Owners Insurance offers premium reductions for multiple vehicles, mature driver, safe driver, good student, and group or association.
• The Hartford may have discounts that include driver training, bundle, good student, air bag, anti-theft, and defensive driver.
• Farm Bureau has discounts for youthful driver, 55 and retired, multi-vehicle, driver training, and safe driver.
• USAA has savings for vehicle storage, defensive driver, military installation, safe driver, family discount, annual mileage, and new vehicle.

The chart below illustrates the difference between auto insurance rates with and without discounts applied to the rates. The data is based on a male driver, no driving violations, no at-fault accidents, New Hampshire state minimum liability limits, comp and collision included, and $250 deductibles.

The first bar for each age group shows the average annual price with no discounts. The second bar shows the rates with passive restraint, accident-free, claim-free, marriage, multiple vehicle, and homeowner discounts applied. With discounts applied, the the average amount saved on insurance for a Honda CR-V is 27% or $343.

Which major car insurance company is best?

If you are looking for the best car insurance, the first places to look would be State Farm, Allstate, Geico, and Progressive. When combined, they insure over 45% of all policies written in the United States. All four can cover your vehicle for liability and physical damage, but each one has a distinct set of features and optional coverages that drivers can select from. The following table rates some of the different options and features shoppers can find with each company.