Looking for lower-priced auto insurance rates in Mobile, AL? Mobile consumers have many options when looking for the best price on Honda CR-V insurance. They can either waste time contacting agents getting price quotes or utilize the internet to get rate quotes.
There is a better way to shop for auto insurance so you're going to learn the quickest way to price shop coverage for a Honda and obtain the best price possible from Mobile insurance agents and online providers.
Reducing your Honda CR-V insurance rates is actually quite simple. You just need to invest a few minutes comparing price quotes from some recommended companies.
The car insurance companies shown below have been selected to offer quotes in Alabama. If multiple companies are shown, we recommend you visit two to three different companies to get the cheapest price.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|CR-V LX 2WD||$242||$486||$372||$22||$112||$1,234||$103|
|CR-V EX 2WD||$178||$306||$276||$16||$82||$858||$72|
|CR-V LX 4WD||$174||$300||$270||$16||$80||$840||$70|
|CR-V EX 4WD||$264||$396||$296||$18||$88||$1,062||$89|
|CR-V EX-L 2WD||$226||$366||$276||$16||$82||$966||$81|
|CR-V EX-L 4WD||$250||$422||$300||$18||$90||$1,080||$90|
|Get Your Own Custom Quote Go|
Table data assumes married female driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Alabama minimum liability limits. Discounts applied include multi-policy, multi-vehicle, claim-free, safe-driver, and homeowner. Table data does not factor in garaging location in Mobile which can raise or lower coverage prices noticeably.
Annual premiums for males compared to females
The illustration below illustrates the comparison of Honda CR-V insurance costs for male and female drivers. The data assumes no accidents, no driving violations, full physical damage coverage, $100 deductibles, single marital status, and no additional discounts are factored in.
Full coverage rates vs. liability-only
The chart below illustrates the comparison of Honda CR-V yearly insurance costs with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The costs are based on no violations or accidents, $100 deductibles, single female driver, and no discounts are factored in.
When to drop comprehensive and collision
There is no set guideline for eliminating physical damage coverage on your policy, but there is a guideline you can consider. If the annual cost of comprehensive and collision coverage is about 10% or more of the vehicle's replacement cost less your deductible, then you might want to think about dropping full coverage.
For example, let's say your Honda CR-V book value is $3,000 and you have $1,000 full coverage deductibles. If your vehicle is damaged in an accident, the most you would receive is $2,000 after paying your deductible. If you are paying in excess of $200 annually to have full coverage, then you may need to consider dropping full coverage.
There are some scenarios where buying only liability insurance is not recommended. If you haven't paid off your loan, you must maintain physical damage coverage to protect the lienholder's interest. Also, if your finances do not allow you to purchase a different vehicle if your current one is totaled, you should keep full coverage on your policy.
Car insurance just makes sense
Despite the potentially high cost of Honda CR-V insurance, maintaining insurance may be mandatory for several reasons.
- Almost all states have minimum mandated liability insurance limits which means you are required to carry a specific level of liability if you drive a vehicle. In Alabama these limits are 25/50/25 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
- If you have a loan on your vehicle, more than likely the lender will make it a condition of the loan that you have insurance to ensure the loan is repaid in case of a total loss. If you do not keep the policy in force, the bank or lender will purchase a policy for your Honda at a significantly higher premium and force you to pay for the expensive policy.
- Insurance safeguards your Honda and your assets. It will also pay for most medical and hospital costs that are the result of an accident. As part of your policy, liability insurance also covers legal expenses in the event you are sued. If you receive damage to your vehicle caused by a storm or accident, comprehensive (other-than-collision) and collision coverage will pay to repair the damage.
The benefits of buying enough insurance are without a doubt worth the cost, especially when you need to use it. In a recent study of 1,000 drivers, the average customer overpays more than $865 each year so shop around every year to ensure rates are inline.
Discounts mean cheaper rates for Honda CR-V insurance in Mobile
Insurance is easily one of your largest bills, but discounts can save money and there are some available to help bring down the price. Some of these discounts will be visible when you purchase, but lesser-known reductions have to be specially asked for prior to getting the savings.
- Discounts for Responsible Drivers - Drivers who don't get into accidents may receive a discount up to 45% than drivers with accidents.
- Seat Belt Usage - Drivers who always wear seat belts and also require passengers to buckle their seat belts may be able to save a few bucks on the medical payments or PIP coverage costs.
- Discount for New Cars - Adding a new car to your policy can get you a discount because new model year vehicles keep occupants safer.
- Membership in Organizations - Having an affiliation with qualifying clubs or civic groups could qualify you for a break on your bill.
- Discount for Multiple Policies - If you insure your home and vehicles with the same insurance company you could save at least 10 to 15 percent or more.
Keep in mind that most discounts do not apply to the entire policy premium. Some only apply to the price of certain insurance coverages like liability and collision coverage. Even though it appears you could get a free insurance policy, companies don't profit that way. Any qualifying discounts will reduce the cost of coverage.
If you would like to view insurers who offer insurance discounts in Alabama, click here.
Compare rates but buy from a local neighborhood Mobile car insurance agent
Certain consumers would rather sit down with an agent and that is just fine! Good agents will help you protect your assets and help submit paperwork. A good thing about comparing rates online is the fact that drivers can get cheap rate quotes and still have an agent to talk to. And supporting local agents is important particularly in Mobile.
To help locate an agent, after submitting this short form, your information is instantly submitted to participating agents in Mobile who will give competitive quotes for your insurance coverage. You don't have to contact any insurance agencies because quoted prices will be sent to you directly. If you wish to get a rate quote from one company in particular, just search and find their rate quote page to submit a rate quote request.
Independent or Exclusive: It's your choice
If you are wanting to purchase car insurance from a local agent, it can be helpful to understand the different types of agencies and how they are slightly different. Car insurance agents are considered either independent or exclusive. Either can write policy coverage, but it is a good idea to know the difference in how they write coverage since it may influence which type of agent you select.
Independent Insurance Agents
Agents of this type are not employed by any specific company so they can insure your vehicles through many different car insurance companies and get the cheapest rates. If they find a lower price, they simply move the coverage in-house and you don't have to do anything.
If you need cheaper car insurance rates, you will want to compare prices from a couple of independent agencies for the best price selection. A lot of them also have access to lesser-known insurance companies which could offer lower prices.
Featured below are independent agents in Mobile who may provide comparison quotes.
- Southern Insurance Providers
3925 Michael Blvd # D - Mobile, AL 36609 - (251) 340-8044 - View Map
- E-Z Insurance Agency, LLC
6800 Moffett Rd - Mobile, AL 36618 - (251) 645-7283 - View Map
- Nationwide Insurance: Bailey Agency Inc
3700 K Government Blvd - Mobile, AL 36693 - (251) 660-7878 - View Map
Agents of this type can only write with one company like American Family, State Farm, and Allstate. These agents are not able to provide rate quotes from other companies so they are skilled at selling on more than just price. Exclusive agents are well schooled on their products and sales techniques and that allows them to sell at a higher price point. Consumers sometimes use the same agent partially due to the prominent brand name and strong financial ratings.
The following is a short list of exclusive agents in Mobile who can help you get price quotes.
- Farmers Insurance - Eric Pullen
2718 Dauphin St - Mobile, AL 36606 - (251) 479-6132 - View Map
- Allstate Insurance: Leslie Addison
273 Azalea Rd #1 - Mobile, AL 36609 - (251) 343-0016 - View Map
- Allison Horner - State Farm Insurance Agent
6353 Cottage Hill Rd f - Mobile, AL 36609 - (251) 666-1616 - View Map
Deciding on a insurance agency needs to be determined by more than just the bottom line cost. You should also get answers to these questions.
- Does the quote include credit and driving reports?
- What are the financial ratings for the companies they represent?
- Do they carry Errors and Omissions coverage?
- Will one accident increase rates?
- What discounts might you be missing?
Tailor your auto insurance coverage to you
When quoting and comparing adequate coverage, there is no one size fits all plan. Coverage needs to be tailored to your specific needs.
For instance, these questions can aid in determining if you might need professional guidance.
- Who does medical payments coverage extend to?
- Am I better off with higher deductibles on my Honda CR-V?
- Do I need special coverage while pulling a rented trailer?
- Should I buy more coverage than the required Alabama minimum liability coverage?
- Am I covered when renting a car or should I buy coverage from the car rental agency?
- Are all vehicle passengers covered by medical payments coverage?
- How much underlying liability do I need for an umbrella policy?
- How can I get the company to pay a claim?
If you don't know the answers to these questions but one or more may apply to you, you may need to chat with a licensed agent. If you want to speak to an agent in your area, complete this form. It's fast, free and can provide invaluable advice.
Car insurance 101
Knowing the specifics of auto insurance helps when choosing the right coverages at the best deductibles and correct limits. Auto insurance terms can be impossible to understand and coverage can change by endorsement.
This coverage can cover damage that occurs to people or other property by causing an accident. This insurance protects YOU against other people's claims, and doesn't cover damage sustained by your vehicle in an accident.
It consists of three limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have values of 25/50/25 which stand for a $25,000 limit per person for injuries, $50,000 for the entire accident, and $25,000 of coverage for damaged property. Some companies may use a combined single limit or CSL which combines the three limits into one amount with no separate limits for injury or property damage.
Liability can pay for claims like attorney fees, legal defense fees and pain and suffering. How much liability should you purchase? That is a decision to put some thought into, but it's cheap coverage so purchase as much as you can afford. Alabama requires minimum liability limits of 25/50/25 but you should think about purchasing better liability coverage.
Auto collision coverage
Collision coverage pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You have to pay a deductible then your collision coverage will kick in.
Collision coverage protects against things such as backing into a parked car, crashing into a building, sideswiping another vehicle, crashing into a ditch and colliding with another moving vehicle. Paying for collision coverage can be pricey, so you might think about dropping it from older vehicles. Another option is to bump up the deductible on your CR-V to save money on collision insurance.
Comprehensive coverage (or Other than Collision)
Comprehensive insurance pays for damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then your comprehensive coverage will pay.
Comprehensive can pay for claims such as hail damage, rock chips in glass and damage from flooding. The highest amount your auto insurance company will pay is the ACV or actual cash value, so if the vehicle's value is low it's not worth carrying full coverage.
Insurance for medical payments
Personal Injury Protection (PIP) and medical payments coverage pay for immediate expenses for things like pain medications, rehabilitation expenses, hospital visits and surgery. They are used to fill the gap from your health insurance policy or if you do not have health coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants in addition to any family member struck as a pedestrian. Personal injury protection coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage
Uninsured Motorist or Underinsured Motorist insurance
This provides protection when the "other guys" either have no liability insurance or not enough. It can pay for hospital bills for your injuries and also any damage incurred to your Honda CR-V.
Since a lot of drivers carry very low liability coverage limits (which is 25/50/25), their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is a good idea. Frequently these coverages do not exceed the liability coverage limits.
Persistence is the key to cheap rates
We've covered quite a bit of information on how to lower your Honda CR-V insurance rates in Mobile. The most important thing to understand is the more companies you get car insurance rates for, the higher the chance of saving money. Consumers may even find the lowest rates are with some of the smallest insurance companies.
Drivers change insurance companies for a number of reasons such as extreme rates for teen drivers, an unsatisfactory settlement offer, high prices or not issuing a premium refund. No matter why you want to switch, finding a great new company is not as difficult as it may seem.
When you buy Mobile auto insurance online, make sure you don't skimp on critical coverages to save a buck or two. Too many times, an accident victim reduced liability limits or collision coverage only to discover later they didn't purchase enough coverage. Your goal should be to buy enough coverage at the lowest possible cost while not skimping on critical coverages.
For more information, take a look at the following helpful articles: