Buying affordable insurance for a Honda CR-V in New Jersey depends on a lot of things such as your birth date, your credit score, and blemishes on your driving record. Drivers in New Jersey pay approximately $1,109 a year for CR-V insurance, but that price is using a 40-year-old single female driver with full physical damage coverage and $1,000 deductibles.
There is a good probability you are not 40 years old and maybe not even female, married instead of single, or maybe you’re a renter instead of a homeowner. Have just a small change in the factors used in pricing a policy may result in significant differences in the cost of insurance.
Auto insurance is not the same for everyone, so the way we recommend to find the cheapest coverage for your Honda is to compare rates from as many companies as possible. Do a quick rate comparison now and you can get prices from some of the cheapest companies that offer coverage in New Jersey.
The specific model of CR-V will influence price, so the rate you will pay to insure a CR-V LX 2WD trim level will be $28 less expensive the price to insure the high end CR-V EX-L 4WD model, as shown in the chart below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|CR-V LX 2WD||$192||$366||$532||$32||$158||$1,280||$107|
|CR-V EX 2WD||$192||$366||$532||$32||$158||$1,280||$107|
|CR-V LX 4WD||$192||$366||$532||$32||$158||$1,280||$107|
|CR-V EX 4WD||$220||$366||$532||$32||$158||$1,308||$109|
|CR-V EX-L 2WD||$220||$366||$532||$32||$158||$1,308||$109|
|CR-V EX-L 4WD||$220||$366||$532||$32||$158||$1,308||$109|
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Data assumes single female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and New Jersey minimum liability limits. Discounts applied include homeowner, safe-driver, multi-vehicle, claim-free, and multi-policy. Rates do not factor in vehicle location which can alter insurance rates substantially.
Choosing the best auto insurance company can be difficult considering how many different companies insure vehicles in New Jersey. The ranking data shown next may help you decide which car insurance companies to look at shopping prices with. The rankings below include companies that insure vehicles across America, so companies without a large exposure are not factored into the list.
Top 10 Major Car Insurance Companies in Jersey City Ranked by Claims Service
- Liberty Mutual
- State Farm
- 21st Century
- The Hartford
- Farmers Insurance
Top 10 Major Car Insurance Companies Overall in Jersey City
- Mercury Insurance
- The Hartford
- State Farm
- Farmers Insurance
- Safeco Insurance
- 21st Century
Get discount Jersey City car insurance
Auto insurance companies that sell policies for a Honda CR-V may also give you premium discounts that can reduce rates by as much as 25% or more if you are eligible for them. A few of the larger companies and some of the premium reductions they offer are outlined below.
- State Farm may have discounts that include accident-free, passive restraint, student away at school, anti-theft, multiple autos, Steer Clear safe driver discount, and safe vehicle.
- GEICO offers discounts for anti-theft, multi-policy, military active duty, seat belt use, federal employee, and anti-lock brakes.
- Progressive may offer discounts for multi-vehicle, online quote discount, continuous coverage, online signing, homeowner, and good student.
- 21st Century has savings for 55 and older, early bird, student driver, theft prevention, homeowners, driver training, and defensive driver.
- American Family discounts include defensive driver, multi-vehicle, early bird, good student, and mySafetyValet.
- The Hartford has discounts for anti-theft, vehicle fuel type, defensive driver, good student, bundle, and driver training.
- AAA policyholders can earn discounts including anti-theft, education and occupation, pay-in-full, AAA membership discount, good student, multi-car, and good driver.
The example below illustrates the comparison of insurance rates with and without discounts. The data assumes a male driver, no claims or violations, New Jersey state minimum liability limits, comp and collision included, and $100 deductibles. The first bar for each age group shows the price with no discounts. The second shows the rates with claim-free, safe-driver, homeowner, anti-theft, vehicle safety, and passive restraint discounts applied. When drivers qualify for the discounts, theaverage amount saved on auto insurance for a Honda CR-V is 28% or $775.
Who has the cheapest CR-V insurance?
Jersey City auto insurance rates are determined by lots of factors that can increase the cost of having a policy. Improving your credit rating, buying higher coverage limits, or getting a reckless driving citation may prompt premium changes resulting in some companies being more affordable than the competition. Not only that, but insurance companies change premium rates every year in order to be able to pay unexpected claims. Significantly higher claims may result in increased policy costs, while a profitable period may result in cheaper CR-V insurance rates.
The data below shows rates for the cheapest car insurance in Jersey City, NJ for a 30-year-old female driver with a good driving record, no prior claims, and a good credit rating. If we estimate rates based on her current rating profile, 21st Century offers the most affordable car insurance rates in Jersey City at $1,510 each year. This is $342 less than the average premium paid by New Jersey drivers of $1,852. Travelers, New Jersey Manufacturers, Penn National, and Palisades round out the rest of the top five cheapest Jersey City, NJ auto insurance companies.
The example below compares rates after we give the driver in the first chart a couple of claims, bad credit, and an imperfect driving record. Due to the fact that every insurance company has their own process to set premium rates, comparing prices could now result in a different set of affordable Jersey City car insurance companies as shown below.
The Hartford now has the best price in Jersey City, NJ with Allstate, USAA, Mercury, and Travelers now rounding out the top five. This example proves why it is important to take the time to shop around when trying to get the lowest car insurance rates for a Honda CR-V.
Insurance prices can be determined by many factors and can increase or decrease at any time, so the best company two years ago may now be one of the more expensive options.
Ideas for finding low-cost insurance for a Honda CR-V
The list below summarizes some of the better money-saving suggestions that can help drivers locate cheap auto insurance.
- Avoid getting tickets or violations
- Buy a car with high safety ratings
- Being accident-free can lower rates significantly
- Drivers with good credit often pay less
- Avoid price increases by not filing claims
- Compare rate quotes frequently
The last idea is remarkably crucial, as we hit on in the article above. Insurance prices go up and down frequently, so drivers shouldn’t be reluctant to switch companies if a cheaper rate is available. Many drivers prefer to stick with one company, but it isn’t a good idea if that stubbornness costs you a small fortune year after year. In less than five minutes you could shop around to find cheaper auto insurance for a Honda CR-V in Jersey City.
The professional agents shown below are a good start to aid you in deciding which coverage fits your budget, as some drivers aren’t sure which coverage they need and prefer to have a little guidance when buying car insurance for a Honda CR-V. It can be hard to find the cheapest rates, so insurance agents can give you satisfaction knowing your policy gives you sufficient coverage at claim time. To find a Jersey City insurance agent in your neighborhood, click the button after the list or click here to compare rates now.
Royale Insurance Agency
2184 John F. Kennedy Blvd – Jersey City, NJ 07305 – (201) 656-1800
243 Central Ave # 1 – Jersey City, NJ 07307 – (201) 721-6081
1674 John F. Kennedy Blvd # A – Jersey City, NJ 07305 – (201) 434-4760
Joe Nachbaur – State Farm Insurance Agent
505 Central Ave – Jersey City, NJ 07307 – (201) 222-8866