Honda CR-V insurance rates image courtesy of QuoteInspector.com
Finding competitive coverage for a Honda CR-V in Texas hinges on many rating criteria such as age of the vehicle, your geographic location, and citations or violations on your driving record. Texas drivers pay approximately $942 annually for CR-V insurance, but that is based upon a 40-year-old married female driver with full coverage and $250 deductibles.
There's a good chance you are not 40 and maybe not even a female, single instead of married, and maybe your CR-V just needs liability-only coverage. Even a slight difference in rating variables or coverage information may result in a big change in the price of coverage.
This demonstrates why the best method for finding cheap car insurance rates for your Honda is to do a thorough rate comparison.
Your vehicle's trim level tends to have a direct effect on the cost of coverage, so the price you will be charged to insure a CR-V LX 2WD trim level will cost $34 less than the cost to insure the more costly CR-V EX-L 4WD version, as demonstrated by the prices below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|CR-V LX 2WD||$220||$400||$340||$20||$102||$1,082||$90|
|CR-V EX 2WD||$220||$400||$340||$20||$102||$1,082||$90|
|CR-V LX 4WD||$220||$400||$340||$20||$102||$1,082||$90|
|CR-V EX 4WD||$254||$400||$340||$20||$102||$1,116||$93|
|CR-V EX-L 2WD||$254||$400||$340||$20||$102||$1,116||$93|
|CR-V EX-L 4WD||$254||$400||$340||$20||$102||$1,116||$93|
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Price data assumes married female driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Texas minimum liability limits. Discounts applied include claim-free, homeowner, multi-vehicle, safe-driver, and multi-policy. Premium costs do not factor in specific location information which can modify rates considerably.
Insuring your vehicle with a good quality car insurance provider is difficult considering how many different companies there are to choose from in Texas. The company ratings displayed below could help you select which car insurance companies you want to consider when comparing rate quotes.
These rankings are only comprised of the largest auto insurers in America, so companies without a large exposure are not taken into consideration for this list. To compare price quotes from these and other companies in Texas, click here.
Top 10 Large Auto Insurance Companies in Arlington Ranked by Claims Service
- State Farm
- Liberty Mutual
- American Family
- Titan Insurance
- AAA Insurance
Top 10 Large Auto Insurance Companies in Arlington Ranked by A.M. Best Rating
- Travelers - A++
- USAA - A++
- GEICO - A++
- State Farm - A++
- Titan Insurance - A+
- Esurance - A+
- Progressive - A+
- The Hartford - A+
- Allstate - A+
- Nationwide - A+
Types of discounts on Arlington car insurance rates
Insurance companies that offer cheap quotes for a Honda CR-V could also offer policy discounts that could reduce prices by as much as 35% if you are eligible. Large insurance companies and a partial list of their discounts can be found below.
- Farm Bureau may offer discounts for multi-policy, 55 and retired, renewal discount, driver training, youthful driver, and good student.
- State Farm has discounts for multiple policy, good driver, Steer Clear safe driver discount, multiple autos, driver's education, and accident-free.
- Progressive includes discounts for continuous coverage, online signing, multi-vehicle, homeowner, good student, online quote discount, and multi-policy.
- Allstate may include discounts for resident student, anti-theft, 55 and retired, defensive driver, utility vehicle, and teenSMART discount.
- Nationwide offers discounts for easy pay, good student, business or organization, accident-free, family plan, Farm Bureau membership, and multi-policy.
- MetLife offers premium reductions for multi-policy, defensive driver, claim-free, good driver, good student, and accident-free.
The diagram below illustrates the difference between auto insurance rates with and without discounts applied to the premium. The price estimates are based on a female driver, no claims or driving violations, Texas state minimum liability limits, comp and collision included, and $1,000 deductibles.
The first bar for each age group shows the average annual price with no discounts. The lower bar shows the rates with passive restraint, multiple policy, defensive driving course, anti-theft, safe-driver, and vehicle safety discounts applied. With discounts applied, the average amount saved each year on insurance for a Honda CR-V is 28% or $431.
Why are you paying too much to insure your CR-V?
Texas insurance rates are impacted by many factors which can significantly increase or decrease the cost of coverage. Simply getting older, having a teen driver, or getting a few speeding tickets can cause premium changes resulting in some companies being more affordable than before. Not only may your situation change, but auto insurance companies file new Texas car insurance rates as often as every quarter in order to be able to pay unexpected claims. An unexpected high level of claims can result in additional premium costs, while a lower level of claims may result in cheaper CR-V insurance rates.
As an example, the chart below shows which company has the cheapest car insurance in Arlington, TX for a 40-year-old male driver with no violations or accidents, and good financial standing. If we look at prices based on his current risk factors, Travelers may have the cheapest car insurance rates in Arlington at $1,149 each year. This is $755 less than the average policy premium paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and Esurance round out the rest of the cheapest Arlington, TX auto insurance companies.
In the next rate comparison, we'll give the driver from the above example a chargeable claim, slightly worse credit, and a traffic citation. Because each company has a proprietary formula to determine rates, analyzing rates may now result in a substantially altered list of the cheapest Arlington car insurance companies as shown below.
Mercury now has the cheapest insurance rate in Arlington, TX with State Farm, Nationwide, USAA, and Safe Auto also having competitive pricing. This demonstrates why it is so important to compare as many rates as possible to get the most economical insurance rates for a Honda CR-V.
Prices are calculated by many different factors and change substantially, so the most economical company two years ago may now be quite expensive.