The easiest way to get budget auto insurance rates is to compare quotes annually from companies in Greensboro. Rate comparisons can be done by completing these steps.
- First, try to comprehend how insurance companies determine prices and the modifications you can make to keep rates in check. Many factors that are responsible for high rates like at-fault accidents and a substandard credit history can be improved by making minor driving habit or lifestyle changes.
- Second, obtain price quotes from independent agents, exclusive agents, and direct companies. Exclusive and direct companies can only give rate quotes from a single company like Progressive or Allstate, while independent agents can quote rates from multiple sources.
- Third, compare the new quotes to your existing rates to see if a cheaper price is available in Greensboro. If you find a better price and decide to switch, make sure there is no lapse between the expiration of your current policy and the new one.
One thing to remember is that you’ll want to compare the same amount of coverage on each quote and and to get price quotes from as many different insurance providers as possible. Doing this guarantees the most accurate price comparison and plenty of rates choose from.
It’s well known that car insurance companies don’t want customers comparing rates. Drivers who compare price quotes are highly likely to switch companies because of the good chance of finding a policy with better rates. A recent study showed that people who compared price quotes annually saved over $860 a year compared to those who don’t regularly compare prices.
If finding the most affordable Honda CR-V insurance is your intention, then having some insight into the best ways to find and compare auto insurance can save money and time.
If you have insurance now or are just looking to switch companies, you can use this information to save money while maintaining coverages. Locating the best rates in Greensboro seems hard but is not really that difficult. Smart buyers just have to know the proper way to compare different rates from many different companies online.
Free Greensboro Honda CR-V insurance price quotes
All major car insurance companies like State Farm and Allstate allow you to get prices for coverage on the web. Getting online quotes for Honda CR-V insurance in Greensboro is possible for anyone as you just type in your coverage preferences into a form. Once entered, the system gets reports for credit and driving violations and returns pricing information based on many factors. Being able to quote online for Honda CR-V insurance in Greensboro simplifies rate comparisons, and it is imperative to do this if you want to get a lower rate.
To save time and use this form to compare rates, consider comparing rates from the companies shown below. To compare your current rates, we recommend you input coverages and limits as shown on your current policy. Doing this guarantees you will have an apples-to-apples comparison based on similar coverages.
The companies in the list below can provide quotes in North Carolina. To find the best car insurance in North Carolina, we recommend you compare several of them to get the most affordable price.
Determine discounts on Greensboro auto insurance
Insuring your fleet can be pricey, but you might find some hidden discounts to help bring down the price. A few discounts will be applied at the time of purchase, but occasionally some discounts must be specifically requested before being credited. If you’re not getting every credit you deserve, you could be saving more on your auto insurance.
- Sign Early and Save – Some auto insurance companies give discounts for renewing your policy prior to your current CR-V insurance policy expiration. It’s a savings of about 10%.
- Discount for New Cars – Buying coverage on a new vehicle may earn a small discount because new vehicles are generally safer.
- Membership in Organizations – Being a member of a qualifying organization could earn you a nice discount on your bill.
- Federal Employees – Simply working for the federal government may qualify for a discount when you quote Greensboro car insurance depending on your company.
- Anti-lock Brake Discount – Cars and trucks that have anti-lock braking systems are much safer to drive and therefore earn up to a 10% discount.
Don’t be surprised that most of the big mark downs will not be given to all coverage premiums. Most only cut specific coverage prices like liability and collision coverage. So even though it sounds like having all the discounts means you get insurance for free, auto insurance companies aren’t that generous.
The information below shows the difference between Honda CR-V annual premium costs with and without discounts. The costs are based on a female driver, no claims or driving violations, North Carolina state minimum liability limits, comp and collision included, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, homeowner, claim-free, multi-car, marriage, and multi-policy discounts applied.
The best auto insurance companies and the discounts they provide are shown below.
- Mercury Insurance includes discounts for ease of repair, anti-theft, age of vehicle, multi-car, good student, professional/association, and location of vehicle.
- Farmers Insurance offers premium reductions for multi-car, distant student, early shopping, bundle discounts, and youthful driver.
- Farm Bureau may have discounts that include youthful driver, renewal discount, 55 and retired, multi-policy, and multi-vehicle.
- State Farm has discounts for multiple policy, Drive Safe & Save, Steer Clear safe driver discount, passive restraint, driver’s education, and good driver.
- Allstate offers discounts for 55 and retired, FullPay discount, resident student, senior citizen, and safe driver.
- GEICO policyholders can earn discounts including air bags, driver training, multi-policy, multi-vehicle, and daytime running lights.
Before buying, ask every company which credits you are entitled to. Savings may not apply in your area. For a list of auto insurance companies who offer discounts in Greensboro, click this link.
Analysis of Honda CR-V rates
The premium table below covers different policy rates for Honda CR-V models. Understanding more about how car insurance prices are established can assist in making smart choices when buying a car insurance policy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| CR-V LX 2WD | $160 | $302 | $276 | $16 | $82 | $836 | $70 |
| CR-V EX 2WD | $160 | $302 | $276 | $16 | $82 | $836 | $70 |
| CR-V LX 4WD | $160 | $302 | $276 | $16 | $82 | $836 | $70 |
| CR-V EX 4WD | $184 | $302 | $276 | $16 | $82 | $860 | $72 |
| CR-V EX-L 2WD | $184 | $302 | $276 | $16 | $82 | $860 | $72 |
| CR-V EX-L 4WD | $184 | $302 | $276 | $16 | $82 | $860 | $72 |
| Get Your Own Custom Quote Go | |||||||
Table data assumes single female driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and North Carolina minimum liability limits. Discounts applied include multi-policy, safe-driver, multi-vehicle, claim-free, and homeowner. Premium costs do not factor in specific garaging location which can influence coverage rates greatly.
Analysis of deductible levels
One of the hardest decisions when shopping for auto insurance is how high should the physical damage deductibles be. The comparisons below can help illustrate how much more rates are between high and low insurance deductibles. The first rate comparisons uses a $100 deductible and the second price chart uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| CR-V LX 2WD | $186 | $318 | $212 | $12 | $64 | $817 | $68 |
| CR-V EX 2WD | $186 | $318 | $212 | $12 | $64 | $817 | $68 |
| CR-V LX 4WD | $186 | $318 | $212 | $12 | $64 | $817 | $68 |
| CR-V EX 4WD | $214 | $318 | $212 | $12 | $64 | $845 | $70 |
| CR-V EX-L 2WD | $214 | $318 | $212 | $12 | $64 | $845 | $70 |
| CR-V EX-L 4WD | $214 | $318 | $212 | $12 | $64 | $845 | $70 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| CR-V LX 2WD | $104 | $168 | $212 | $12 | $64 | $560 | $47 |
| CR-V EX 2WD | $104 | $168 | $212 | $12 | $64 | $560 | $47 |
| CR-V LX 4WD | $104 | $168 | $212 | $12 | $64 | $560 | $47 |
| CR-V EX 4WD | $118 | $168 | $212 | $12 | $64 | $574 | $48 |
| CR-V EX-L 2WD | $118 | $168 | $212 | $12 | $64 | $574 | $48 |
| CR-V EX-L 4WD | $118 | $168 | $212 | $12 | $64 | $574 | $48 |
| Get Your Own Custom Quote Go | |||||||
Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and North Carolina minimum liability limits. Discounts applied include multi-policy, multi-vehicle, safe-driver, claim-free, and homeowner. Premium costs do not factor in your specific Greensboro location which can affect coverage prices significantly.
Based on this data, we can arrive at the conclusion that using a $100 deductible costs an average of $21 more each month or $252 for a full year than quoting the higher $1,000 deductible. Since the policyholder would be required to pay $900 more if you turn in a claim with a $1,000 deductible as compared to a $100 deductible, if you tend to have at least 43 months between claim filings, you would save money if you decide on a higher deductible. Here’s the way you can make your own decision.
| Average monthly premium for $100 deductibles: | $69 |
| Average monthly premium for $1,000 deductibles (subtract): | – $48 |
| Monthly savings from raising deductible: | $21 |
| Difference between deductibles ($1,000 – $100): | $900 |
| Divide difference by monthly savings: | $900 / $21 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 43 months |
An important thing to remember is that higher deductibles results in more money out-of-pocket when you have a comprehensive or collision claim. You should have some non-essential savings in the event you have to pay the higher deductible.
The information below shows how different deductible levels and can affect Honda CR-V insurance premiums for different age groups of insureds. The premiums are based on a single female driver, comp and collision included, and no discounts are applied.
Auto insurance premiums based on gender
The information below illustrates the comparison of Honda CR-V yearly insurance costs for male and female drivers. The information is based on no violations or accidents, comp and collision included, $1,000 deductibles, single status, and no other discounts are factored in.
Cost comparison with and without full coverage
The example below visualizes the comparison of Honda CR-V insurance prices when comparing full coverage to liability only. The premiums are based on a clean driving record, no claims, $500 deductibles, single status, and no discounts are applied to the premium.
When to switch to liability coverage only
There is no clear-cut rule that works best for making the decision to drop physical damage insurance, but there is a guideline you can consider. If the yearly cost of full coverage is about 10% or more of the settlement you would receive from your company, then it may be the right time to buy liability only.
For example, let’s pretend your Honda CR-V settlement value is $9,000 and you have $1,000 deductibles. If your vehicle is destroyed, the most you would get paid by your company is $8,000 after paying your deductible. If you are paying more than $800 a year for physical damage coverage, then you might want to think about dropping full coverage.
There are some conditions where only buying liability is not a good plan. If you still have a loan on your vehicle, you have to keep full coverage as part of the loan conditions. Also, if you cannot afford to purchase a different vehicle if your current one is in an accident, you should not opt for liability only.
Five Things That Impact Your Insurance Premiums
A large part of saving on insurance is knowing the different types of things that go into determining the level of your policy premiums. If you have some idea of what determines base rates, this empowers consumers to make smart changes that may reward you with lower premium levels.
Marriage is a bonus – Having a wife or husband can actually save you money when buying insurance. Having a spouse generally demonstrates drivers are more responsible and insurance companies like that drivers who are married file infrequent claims.
Bad drivers pay high prices – Even one chargeable violation can increase the cost of insurance twenty percent or more. Attentive drivers receive lower rates compared to bad drivers. Drivers who have received license-revoking violations like hit and run, DWI or reckless driving convictions may find that they have to to maintain a SR-22 with their state’s department of motor vehicles in order to continue driving.
The diagram below illustrates how speeding tickets and accidents increase Honda CR-V insurance rates for different age groups. Data assumes a married male driver, comprehensive and collision coverage, $500 deductibles, and no discounts are taken into consideration.
Save by staying claim free – Car insurance companies in North Carolina give lower rates to insureds who are not frequent claim filers. If you file a lot of claims you can look forward to either higher rates or even cancellation. Insurance coverage is intended for the bigger claims that can’t be paid out-of-pocket.
Companies want multiple policies – Most companies give a discount to buyers that purchase more than one policy, otherwise known as a multi-policy discount. Discounts can add up to ten percent or more. Even if you’re getting this discount it’s always a smart idea to comparison shop to guarantee you are still saving the most.
Your vocation and insurance rates – Did you know that where you work can have an impact on rates? Occupations such as doctors, architects, and accountants generally pay higher premium rates due to job stress and lots of time spent at work. On the other hand, occupations such as actors, engineers and the unemployed pay lower than average rates.
Honda CR-V insurance loss data – Car insurance companies analyze historical claim data as a way to help calculate a profitable premium price. Vehicles that statistically have a trend towards higher claims will have a higher premium rate.
The data below shows the historical insurance loss data for Honda CR-V vehicles. For each policy coverage, the claim amount for all vehicles, regardless of manufacturer or model, is considered to be 100. Numbers that are below 100 imply a favorable loss record, while values over 100 indicate frequent claims or a tendency for claims to be larger.
| Vehicle Make and Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Honda CR-V 4dr 2WD | 68 | 81 | 58 | 93 | 86 | 77 |
| Honda CR-V 4dr 4WD | 69 | 82 | 69 | 90 | 87 | 78 |
Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years
Auto insurance quotes from neighborhood Greensboro auto insurance agents
A small number of people would rather visit with an insurance agent and that is a smart decision Good agents are highly skilled in risk management and help in the event of a claim. The biggest benefit of comparing auto insurance online is that you can find the lowest rates and still have a local agent.
By using this short form, your coverage information is instantly submitted to local insurance agents that can give you free Greensboro car insurance quotes for your auto insurance coverage. You won’t need to contact any agents because quoted prices will be sent immediately to you. If you need to quote rates for a specific company, feel free to navigate to their website and fill out the quote form the provide.
Finding a good provider needs to be determined by more than just the premium amount. These questions are important to ask:
- Are there any hidden costs in their price quote and does it include driving and credit history?
- Do they specialize in personal lines auto insurance in Greensboro?
- Can you contact them at any time?
- Are claims handled at the agent’s location?
- Does the agent help file claims?
- Who are their largest clients?
Choose the right auto insurance agent
If you want to use a local Greensboro insurance agent, it’s important to understand the different types of agents and how they can quote your rates. Auto insurance policy providers are categorized either independent or exclusive. Either one can write policy coverage, but it’s worth learning the difference in the companies they write for since it can affect which type of agent you select.
Exclusive Insurance Agencies
These agents generally can only insure with one company and some examples include State Farm, AAA, and Liberty Mutual. They generally cannot provide other company’s prices so it’s a take it or leave it situation. Exclusive agencies receive extensive training in insurance sales which helps overcome the inability to quote other rates.
The following is a short list of exclusive agencies in Greensboro that are able to give price quote information.
Keith Kepler – State Farm Insurance Agent
1603 Westover Terrace a – Greensboro, NC 27408 – (336) 294-4341 – View Map
Allstate Insurance: John F Davis
3800 S Holden Rd #101 – Greensboro, NC 27406 – (336) 299-9100 – View Map
John Klopp – State Farm Insurance Agent
401 Battleground Ave – Greensboro, NC 27401 – (336) 268-9000 – View Map
Independent Insurance Agents
These type of agents are not locked into one company so they can write business amongst many companies and find the cheapest auto insurance rates. If prices rise, they can switch companies in-house and you stay with the same agent.
When shopping rates, it’s recommended you contact multiple independent agents for maximum quote selection.
Below are Greensboro independent agencies willing to provide comparison quotes.
TOM NEEDHAM INSURANCE AGENCY
3411-B W Wendover Ave – Greensboro, NC 27407 – (336) 855-1223 – View Map
Godwin Insurance Agency
905 Battleground Ave – Greensboro, NC 27408 – (336) 379-8640 – View Map
Fleszar Insurance Agency
218 S Swing Rd #1 – Greensboro, NC 27409 – (336) 553-2780 – View Map
Don’t assume everyone needs the same auto insurance coverage
When it comes to choosing a policy for your vehicles, there is no best way to insure your cars. Each situation is unique.
For instance, these questions can aid in determining whether your personal situation would benefit from an agent’s advice.
- Does my policy cover me if I wreck while driving under the influence?
- How much liability insurance is required?
- Does coverage extend to Mexico or Canada?
- Do I have coverage if my license is suspended?
- Am I covered when delivering products for my home-based business?
- Do I need PIP coverage since I have good health insurance?
- Is my babysitter covered when using my vehicle?
If you’re not sure about those questions but you know they apply to you then you might want to talk to a licensed agent. To find lower rates from a local agent, complete this form. It’s fast, doesn’t cost anything and may give you better protection.
Auto insurance companies ranked
Ending up with the best company can be rather challenging considering how many choices there are in Greensboro. The ranking information shown next could help you select which insurers to look at buying from.
| Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
|---|---|---|---|---|---|---|
| Travelers | 93 | 98 | 99 | 88% | A++ | 95.1 |
| USAA | 83 | 99 | 100 | 91% | A++ | 94.1 |
| AAA Insurance | 91 | 95 | 92 | 90% | A | 93.3 |
| Nationwide | 85 | 95 | 97 | 89% | A+ | 92.4 |
| Allstate | 77 | 100 | 97 | 88% | A+ | 90.7 |
| State Farm | 80 | 94 | 96 | 88% | A++ | 90.6 |
| The Hartford | 88 | 93 | 91 | 87% | A+ | 90.4 |
| Safeco Insurance | 91 | 95 | 85 | 88% | A | 90.2 |
| Progressive | 88 | 94 | 83 | 88% | A+ | 90.1 |
| American Family | 91 | 86 | 95 | 83% | A | 89.7 |
| Esurance | 86 | 90 | 94 | 90% | A+ | 89.5 |
| The General | 86 | 93 | 89 | 84% | A- | 88.2 |
| GEICO | 79 | 89 | 95 | 87% | A++ | 87.8 |
| Titan Insurance | 86 | 82 | 92 | 86% | A+ | 86.5 |
| 21st Century | 86 | 82 | 90 | 84% | A | 86.4 |
| Liberty Mutual | 79 | 87 | 95 | 78% | A | 85.3 |
| Farmers Insurance | 77 | 80 | 80 | 84% | A | 80.3 |
| Compare Rates Now Go | ||||||
Data Source: Insure.com Best Car Insurance Companies
In Summary
More affordable auto insurance in Greensboro is attainable from both online companies and from local insurance agents, and you need to price shop both to get a complete price analysis. Some auto insurance companies don’t offer online rate quotes and many times these smaller companies only sell through local independent agents.
Consumers change insurance companies for any number of reasons including denial of a claim, being labeled a high risk driver, not issuing a premium refund or delays in responding to claim requests. It doesn’t matter what your reason, finding the right auto insurance provider can be pretty painless.
As you shop your coverage around, do not reduce coverage to reduce premium. There are many occasions where an accident victim reduced full coverage and learned later that it was a big error on their part. The aim is to purchase plenty of coverage at the best possible price, but do not skimp to save money.
Even more information is available at these sites:
- Insurance losses by make and model (Insurance Institute for Highway Safety)
- How Much is Car Insurance for 18 Year Olds in Greensboro? (FAQ)
- Who Has the Cheapest Greensboro Car Insurance for 16 Year Olds? (FAQ)
- How Much is Greensboro Car Insurance for Drivers with Bad Credit? (FAQ)
- Who Has Cheap Auto Insurance Quotes for Young Drivers in Greensboro? (FAQ)
- Who Has Affordable Auto Insurance for a Toyota Tacoma in Greensboro? (FAQ)
- Get the Right Protection (InsureUonline.org)
- Smart Auto Insurance Tips (Insurance Information Institute)