If you want to save the most money, the best way to find more affordable car insurance rates is to do a yearly price comparison from companies that insure vehicles in Greensboro. Rate comparisons can be done by following these guidelines.
- Try to comprehend what coverages are included in your policy and the steps you can take to prevent high rates. Many things that cause high rates such as speeding tickets, careless driving and an imperfect credit history can be eliminated by making small lifestyle or driving habit changes.
- Obtain price quotes from direct carriers, independent agents, and exclusive agents. Direct companies and exclusive agencies can give quotes from one company like GEICO or Allstate, while independent agents can provide rate quotes for many different companies.
- Compare the new rates to your existing coverage to determine if switching companies saves money. If you find a lower rate and change companies, make sure there is no lapse in coverage.
- Provide adequate notice to your current company of your intent to cancel your current policy. Submit payment and a completed application to the new company. Once coverage is bound, keep the new proof of insurance paperwork in your vehicle.
An important part of this process is to use the same deductibles and limits on each price quote and and to compare as many carriers as you can. This ensures the most accurate price comparison and a thorough selection of prices.
It’s safe to assume that insurance companies want to keep your business as long as possible. Consumers who get price quotes annually are very likely to buy a different policy because there is a high probability of finding good coverage at a lower price. A recent survey discovered that drivers who compared price quotes annually saved approximately $72 a month compared to other drivers who don’t make a habit of comparing rates.
If finding the cheapest rates on insurance is your objective, knowing the best way to quote and compare insurance can help simplify the process.
If you are already insured or are looking for a new policy, you can learn to reduce premiums and still have adequate protection. Quoting the cheapest car insurance coverage in Greensboro is quite easy. Shoppers just have to understand the most time-saving way to compare company rates from many different companies online.
How much is Honda HR-V insurance in Greensboro, North Carolina?
Finding cheap auto insurance quotes can be surprisingly simple. Drivers just need to spend a few minutes on the computer comparing free Greensboro auto insurance quotes from online providers.
The companies shown below offer comparison quotes in Greensboro, NC. If multiple companies are listed, we suggest you get prices from several of them in order to find the cheapest rates.
Car insurance does more than just protect your car
Despite the high cost, paying for car insurance is required for several reasons.
- Just about all states have minimum mandated liability insurance limits which means you are required to carry a minimum amount of liability protection if you drive a vehicle. In North Carolina these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
- If your HR-V has a loan, it’s most likely the lender will require that you have full coverage to ensure the loan is repaid in case of a total loss. If you default on your policy, the lender may have to buy a policy to insure your Honda at a much higher premium rate and make you pay the higher premium.
- Insurance safeguards both your assets and your Honda HR-V. It will also cover medical expenses incurred in an accident. Liability insurance, one of your policy coverages, also pays expenses related to your legal defense if someone files suit against you as the result of an accident. If mother nature or an accident damages your car, your car insurance policy will pay to restore your vehicle to like-new condition.
The benefits of carrying enough insurance definitely exceed the cost, particularly for liability claims. According to a 2015 survey, the average American driver overpays as much as $800 each year so you should quote your policy with other companies at every renewal to help ensure money is not being wasted.
Car insurance rates and discounts
Car insurance is easily one of your largest bills, but there may be some discounts to cut the cost considerably. A few discounts will be applied at quote time, but some need to be specifically requested prior to receiving the credit. If you do not double check each discount you qualify for, you’re just leaving money on the table.
- Employee of Federal Government – Having worked for a branch of the government could cut as much as 10% off with certain companies.
- Resident Student – College-age children who live away from home at college and do not have a car could qualify for this discount.
- Multi-policy Discount – If you combine your home and auto policies and place coverage with the same company you may save as much as 10 to 15 percent.
- Onboard Data Collection – Insureds who allow data collection to scrutinize driving manner remotely such as Snapshot from Progressive or Drivewise from Allstate may get a rate reduction as long as they are good drivers.
- Pay Early and Save – By paying your entire bill at once instead of making monthly payments you can avoid monthly service charges.
- Discount for Life Insurance – If the company offers life insurance, you could get a discounted car insurance rate on car insurance if you buy a life insurance policy as well.
- No Claims – Insureds who avoid accidents and claims pay much less in comparison to policyholders that have many claims.
Keep in mind that many deductions do not apply to your bottom line cost. Some only apply to the cost of specific coverages such as medical payments or collision. Just because it seems like having all the discounts means you get insurance for free, it’s just not the way it works.
A list of car insurance companies and their offered discounts are included below.
- GEICO has discounts for five-year accident-free, anti-lock brakes, multi-policy, defensive driver, daytime running lights, and good student.
- MetLife offers discounts for accident-free, defensive driver, claim-free, multi-policy, and good student.
- State Farm may have discounts that include defensive driving training, Steer Clear safe driver discount, good driver, good student, and safe vehicle.
- Progressive has savings for good student, continuous coverage, online signing, online quote discount, and multi-vehicle.
- Mercury Insurance policyholders can earn discounts including multi-policy, accident-free, ease of repair, age of vehicle, good driver, and multi-car.
- 21st Century may include discounts for air bags, teen driver, automatic seat belts, good student, and homeowners.
- Allstate discounts include multi-policy, economy car, early signing, premier discount, and resident student.
If you are trying to find inexpensive Greensboro auto insurance quotes, ask each company or agent which discounts you may be entitled to. Discounts may not apply to policies in Greensboro.
What if I want to buy from local Greensboro car insurance agents?
A small number of people would rather buy from a licensed agent. Agents are highly skilled in risk management and will help you if you have claims. A good thing about comparing rates online is you may find cheap insurance rates and still buy from a local agent.
To help locate an agent, after submitting this quick form, the quote information is instantly submitted to local insurance agents in Greensboro that can give you free Greensboro auto insurance quotes for your coverage. There is no reason to contact any insurance agencies as quotes are delivered to you instantly. If for some reason you want to compare prices from a specific insurance company, you would need to go to their quote page to submit a rate quote request.
Choosing the best company requires you to look at more than just the premium amount. Get answers to these questions too.
- Will vehicle repairs be made with aftermarket parts or OEM replacement parts?
- How will an accident affect your rates?
- Can glass repairs be made at your home?
- Will they take your side in the event of a claim?
- Do they reduce claim amounts on high mileage vehicles?
Below are Greensboro insurers that may be able to provide rate quotes for Honda HR-V insurance in Greensboro.
- Adam Lemmert – State Farm Insurance Agent
3711 Elmsley St #106 – Greensboro, NC 27406 – (336) 482-2200 – View Map - State Farm: Eddie Collins
5709 W Market St – Greensboro, NC 27409 – (336) 854-1044 – View Map - Nationwide Insurance: Gail Moseley Agency Inc
2502 Lawndale Dr – Greensboro, NC 27408 – (336) 282-3655 – View Map - Scott Insurance
628 Green Valley Rd #306 – Greensboro, NC 27408 – (336) 273-6599 – View Map
Auto insurance coverage breakdown
Knowing the specifics of a auto insurance policy aids in choosing which coverages you need and the correct deductibles and limits. Auto insurance terms can be ambiguous and even agents have difficulty translating policy wording.
Comprehensive insurance
Comprehensive insurance coverage will pay to fix damage that is not covered by collision coverage. A deductible will apply and then insurance will cover the rest of the damage.
Comprehensive coverage pays for claims such as damage from getting keyed, rock chips in glass, falling objects and hitting a bird. The maximum payout a auto insurance company will pay at claim time is the market value of your vehicle, so if the vehicle’s value is low consider dropping full coverage.
Auto collision coverage
Collision insurance pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. A deductible applies then your collision coverage will kick in.
Collision insurance covers claims such as colliding with a tree, crashing into a ditch and damaging your car on a curb. Paying for collision coverage can be pricey, so you might think about dropping it from older vehicles. Drivers also have the option to raise the deductible on your HR-V to get cheaper collision coverage.
Med pay and Personal Injury Protection (PIP)
Medical payments and Personal Injury Protection insurance provide coverage for immediate expenses like pain medications, nursing services, ambulance fees, X-ray expenses and prosthetic devices. The coverages can be used in conjunction with a health insurance plan or if there is no health insurance coverage. It covers not only the driver but also the vehicle occupants in addition to any family member struck as a pedestrian. PIP is not an option in every state but can be used in place of medical payments coverage
Uninsured/Underinsured Motorist (UM/UIM)
Uninsured or Underinsured Motorist coverage gives you protection from other motorists when they are uninsured or don’t have enough coverage. It can pay for medical payments for you and your occupants and damage to your Honda HR-V.
Since many North Carolina drivers only carry the minimum required liability limits (which is 30/60/25), it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is a good idea.
Liability auto insurance
This coverage will cover injuries or damage you cause to other’s property or people. Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see limits of 30/60/25 that means you have $30,000 in coverage for each person’s injuries, a total of $60,000 of bodily injury coverage per accident, and $25,000 of coverage for damaged property.
Liability coverage pays for things like medical services, repair bills for other people’s vehicles and funeral expenses. How much liability coverage do you need? That is a decision to put some thought into, but buy higher limits if possible. North Carolina state law requires minimum liability limits of 30/60/25 but you should think about purchasing higher limits.
The illustration below demonstrates why minimum state limits may not provide you with enough coverage.
Best car insurance company in North Carolina
Ending up with the top auto insurance company can be rather challenging considering how many different companies there are to choose from in North Carolina. The ranking data in the lists below can help you analyze which auto insurers you want to consider when shopping your coverage around.
| 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
Shop around and save
While you’re price shopping online, it’s very important that you do not buy lower coverage limits just to save a few bucks. There are too many instances where someone sacrificed comprehensive coverage or liability limits and learned later that the savings was not a smart move. Your strategy should be to get the best coverage possible for the lowest cost, but do not sacrifice coverage to save money.
Insureds leave their current company for many reasons like being labeled a high risk driver, high prices, questionable increases in premium or even an unsatisfactory settlement offer. No matter why you want to switch, finding a new company can be pretty painless.
We covered some good ideas how you can get a better price on Honda HR-V insurance in Greensboro. The key thing to remember is the more rate quotes you have, the better your comparison will be. You may even be surprised to find that the lowest prices are with the smaller companies.
To read more, take a look at the articles below:
- State Car Insurance Guides (GEICO)
- How Much is Greensboro Auto Insurance for a Chevrolet Silverado? (FAQ)
- How Much is Auto Insurance for Hybrid Vehicles in Greensboro? (FAQ)
- Who Has Affordable Greensboro Car Insurance Quotes for Police Officers? (FAQ)
- How Much are Greensboro Car Insurance Quotes for a 20 Year Old Female? (FAQ)
- Who Has Cheap Auto Insurance for a GMC Sierra in Greensboro? (FAQ)
- Who Has Affordable Car Insurance Rates for Homeowners in Greensboro? (FAQ)
- Who Has the Cheapest Greensboro Auto Insurance Quotes for Active Military? (FAQ)
- Smart Auto Insurance Tips (Insurance Information Institute)
- Uninsured Motorists: Threats on the Road (Insurance Information Institute)
- Choosing a Car for Your Teen (State Farm)