Cheap Rates for Honda CR-V Insurance in Oklahoma City

Insurance rates Honda CR-V in Oklahoma CitySmart shoppers know that insurance companies don’t want you comparing rates. People who shop around will, in all likelihood, switch to a new company because they stand a good chance of finding better rates. A recent auto insurance study revealed that drivers who regularly shopped around saved as much as $3,450 over four years compared to policyholders who didn’t regularly shop around.

If finding the lowest price for insurance is your target objective, then knowing how to get free comparison quotes and analyze insurance can help you succeed in finding affordable rates.

It takes a few minutes, but the best way to get discount auto insurance rates in Oklahoma City is to start doing an annual price comparison from insurance carriers who can sell car insurance in Oklahoma. Prices can be compared by following these steps.

The critical component of shopping around is to make sure you’re comparing similar coverage information on every price quote and and to get price estimates from as many carriers as you can. This ensures the most accurate price comparison and a better comparison of the market.

How do Insurers Determine Honda CR-V Insurance Prices?

Multiple criteria are considered when premium rates are determined. Some of the criteria are obvious such as traffic violations, but other criteria are not as apparent like where you live or your financial responsibility.

The itemized list below are some of the most rate-impacting factors that factor into your premiums.

How to compare free Oklahoma City Honda CR-V insurance quotes

The auto insurance companies shown below are ready to provide free quotes in Oklahoma. If the list has multiple companies, it’s highly recommended you click on several of them to get a more complete price comparison.

Detailed insurance information

The table displayed below highlights detailed analysis of insurance policy prices for Honda CR-V models. Learning more about how insurance rates are determined can be useful when making decisions when shopping around.

Honda CR-V Insurance Rates in Oklahoma City, OK
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
CR-V LX 2WD $280 $388 $500 $30 $150 $1,348 $112
CR-V EX 2WD $280 $388 $500 $30 $150 $1,348 $112
CR-V LX 4WD $280 $388 $500 $30 $150 $1,348 $112
CR-V EX 4WD $322 $388 $500 $30 $150 $1,390 $116
CR-V EX-L 2WD $322 $388 $500 $30 $150 $1,390 $116
CR-V EX-L 4WD $322 $388 $500 $30 $150 $1,390 $116
Get Your Own Custom Quote Go

Table data assumes single male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Oklahoma minimum liability limits. Discounts applied include homeowner, safe-driver, multi-vehicle, claim-free, and multi-policy. Price estimates do not factor in garaging location in Oklahoma City which can raise or lower price quotes greatly.

Higher deductibles save money

One of the more difficult decisions when buying car insurance is how high should the physical damage coverage deductibles be. The rates shown below can help illustrate the rate differences when you select higher and lower policy deductibles. The first rate table uses a $250 physical damage deductible and the second rate table uses a $500 deductible.

Honda CR-V insurance rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
CR-V LX 2WD $302 $480 $382 $22 $114 $1,325 $110
CR-V EX 2WD $302 $480 $382 $22 $114 $1,325 $110
CR-V LX 4WD $302 $480 $382 $22 $114 $1,325 $110
CR-V EX 4WD $346 $480 $382 $22 $114 $1,369 $114
CR-V EX-L 2WD $346 $480 $382 $22 $114 $1,369 $114
CR-V EX-L 4WD $346 $480 $382 $22 $114 $1,369 $114
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Honda CR-V insurance rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
CR-V LX 2WD $246 $388 $382 $22 $114 $1,152 $96
CR-V EX 2WD $246 $388 $382 $22 $114 $1,152 $96
CR-V LX 4WD $246 $388 $382 $22 $114 $1,152 $96
CR-V EX 4WD $282 $388 $382 $22 $114 $1,188 $99
CR-V EX-L 2WD $282 $388 $382 $22 $114 $1,188 $99
CR-V EX-L 4WD $282 $388 $382 $22 $114 $1,188 $99
Get Your Own Custom Quote Go

Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, and Oklahoma minimum liability limits. Discounts applied include multi-vehicle, homeowner, safe-driver, claim-free, and multi-policy. Rates do not factor in specific garaging location which can alter rates considerably.

Based on the above data, using a $250 deductible costs an average of $14 more each month or $168 each year across all Honda CR-V models than quoting the higher $500 deductible. Because you would pay $250 more out-of-pocket with a $500 deductible as compared to a $250 deductible, if you normally go at least 18 months between claims, you would more than likely save some money if you elect the higher deductible.

Males versus Females

The chart below shows the difference between Honda CR-V premium costs for male and female drivers. The rates are based on no tickets, no at-fault accidents, comprehensive and collision coverage, $1,000 deductibles, single marital status, and no additional discounts are factored in.

Insurance is an important decision

Despite the fact that insurance is not cheap in Oklahoma City, insurance is required by state law in Oklahoma and it also provides benefits you may not be aware of.

First, most states have mandatory insurance requirements which means state laws require specific limits of liability in order to license the vehicle. In Oklahoma 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.

Second, if you took out a loan on your vehicle, it’s guaranteed your bank will require that you buy insurance to ensure loan repayment if the vehicle is totaled. If you let the policy lapse, the lender will be forced to insure your Honda at a much higher premium rate and require you to fork over for the expensive policy.

Third, insurance protects both your Honda CR-V and your assets. It will also reimburse you for many types of medical costs for not only you but also any passengers injured in an accident. Liability coverage, the one required by state law, also pays expenses related to your legal defense if you are sued as the result of an accident. If mother nature or an accident damages your car, collision and comprehensive (also known as other-than-collision) coverage will cover the damage repairs after a deductible is paid.

The benefits of having insurance are definitely more than the cost, particularly when you have a large claim. According to a recent study, the average American driver is overpaying more than $820 a year so compare quotes from several companies at every policy renewal to be sure current rates are still competitive.

Discount Oklahoma City auto insurance quotes

Companies that sell car insurance don’t always list all available discounts very well, so the following is a list of both the well known and the harder-to-find credits available to you. If you’re not getting every credit you deserve, you could be saving more on your auto insurance.Cheaper auto insurance with discounts

We need to note that most credits do not apply to the whole policy. Most only apply to individual premiums such as liability and collision coverage. Even though it appears it’s possible to get free car insurance, that’s just not realistic. Any amount of discount will cut your overall bill.

The diagram below illustrates the comparison of Honda CR-V yearly insurance costs with and without discounts. Data assumes a male driver, no violations or accidents, Oklahoma state minimum liability limits, full coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, multi-policy, homeowner, claim-free, marriage, and multi-car discounts applied.

The best auto insurance companies and their possible discounts can be read below.

If you are trying to find low cost Oklahoma City auto insurance quotes, ask each company the best way to save money. Some credits may not apply to policyholders in your state. If you would like to see a list of providers that offer multiple discounts in Oklahoma, click this link.

Local Oklahoma City car insurance agents

Many people just prefer to talk to an insurance agent and that is a personal choice. Good insurance agents are highly skilled in risk management and help submit paperwork. An additional benefit of comparing rate quotes online is you can get cheap insurance rates and still have an agent to talk to.

Oklahoma City insurance agentsAfter completing this simple form, your information is submitted to local insurance agents who will give you quotes for your insurance coverage. There is no need to visit any agencies since rate quotes are delivered directly to your email. If for some reason you want to compare prices from one company in particular, feel free to find their quoting web page and fill out their quote form.

Choosing an company needs to be determined by more than just the price. Before buying a policy in Oklahoma City, get answers to these questions.

If you want to buy insurance from a good Oklahoma City insurance agent, it’s helpful to know the different agency structures and how they can service your needs differently. Agents are classified as either independent or exclusive. Either can provide insurance policies, but it’s worth mentioning the difference in the companies they write for because it can impact which agent you choose.

Exclusive Agencies

Agents of this type can usually just insure with one company such as State Farm or Allstate. These agents are not able to shop your coverage around so they have no alternatives for high prices. Exclusive agents are trained well on sales techniques which helps overcome the inability to quote other rates.

Listed below is a list of exclusive agencies in Oklahoma City that are able to give price quotes.

4625 N May AveOklahoma City, OK 73112(405) 943-8373View Map

2800 N Classen Blvd #105Oklahoma City, OK 73106(405) 524-3327View Map

2519 NW 23rd St #140Oklahoma City, OK 73107(405) 301-8162View Map

More Oklahoma City agents

Independent Agents (or Brokers)

Agents that choose to be independent can sell policies from many different companies so as a result can place your coverage through many companies and help determine which has the cheapest rates. If prices rise, your agent can switch companies and you don’t have to find a new agent.

If you are comparing rate quotes, we highly recommend that you include price quotes from several independent agencies so that you have a good selection of quotes to compare.

Below are independent insurance agents in Oklahoma City that can give you price quotes.

1225 W Britton RdOklahoma City, OK 73114(405) 842-2377View Map

10325 Greenbriar PlOklahoma City, OK 73159(405) 794-9500View Map

6017 Shiloh DrOklahoma City, OK 73179(405) 692-6106View Map

More Oklahoma City agents

Upon receiving good answers for all questions you ask and low cost Honda CR-V insurance quotes, you have narrowed it down to an auto insurance agent that is a good match to service your policy.

Oklahoma auto insurance companies ranked

Buying coverage from the top auto insurance provider can be rather challenging considering how many choices you have in Oklahoma City. The ranking information listed below can help you choose which auto insurers you want to consider purchasing from.

Top 10 Oklahoma City Car Insurance Companies Ranked by Value

  1. Mercury Insurance
  2. Travelers
  3. American Family
  4. AAA Insurance
  5. Safeco Insurance
  6. Progressive
  7. The Hartford
  8. The General
  9. 21st Century
  10. Esurance

Top 10 Oklahoma City Car Insurance Companies Overall

  1. Travelers
  2. USAA
  3. Mercury Insurance
  4. AAA Insurance
  5. Nationwide
  6. Allstate
  7. State Farm
  8. The Hartford
  9. Safeco Insurance
  10. Progressive

Persistent drivers can save

When trying to cut insurance costs, you should never buy less coverage just to save a little money. There are a lot of situations where an insured dropped collision coverage to discover at claim time that the few dollars in savings costed them thousands. Your goal should be to get the best coverage possible at the best price while not skimping on critical coverages.

We’ve covered a lot of tips how to shop for Honda CR-V insurance online. The key concept to understand is the more times you quote, the higher the chance of saving money. You may even discover the best prices are with a lesser-known regional company. Some small companies may have significantly lower rates on certain market segments compared to the large companies like Allstate, GEICO and Progressive.

Some insurance companies don’t offer online price quotes and these small, regional companies only sell through independent agents. Low-cost Honda CR-V insurance in Oklahoma City is possible both online and from local insurance agents, so you should compare both to have the best chance of lowering rates.

Additional information is available at the links below