Buying the best cheap insurance for a Honda CR-V in Nevada is pretty easy for most people to do, but it relies on lots of different rating factors such as your marital status, the likelihood of your vehicle being stolen, and driving violations. Drivers will pay around $536 per year to insure their CR-V, but that is an estimate calculated based on a 50-year-old married male driver with full comprehensive and collision coverage and $1,000 deductibles.
The issue with using an average estimated rate is the likelihood you aren't exactly 50 years old or even a male, maybe you are single instead of married, or maybe you just want liability only instead of full coverage. Even a slight change in policy rating criteria or coverages can result in a massive change in the policy cost.
There is no one cookie-cutter policy that works for everyone, so the best method for finding cheap insurance rates for your Honda is to just compare rates yourself. Comparing quotes is easy and you will be able to compare rates from the cheapest companies around.
Your vehicle's trim level will influence the cost of coverage, so the price to insure a CR-V LX 2WD will be $14 cheaper than the insurance cost for the more costly CR-V EX-L 4WD trim level, as demonstrated by the prices below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|CR-V LX 2WD||$100||$176||$252||$14||$76||$618||$52|
|CR-V EX 2WD||$100||$176||$252||$14||$76||$618||$52|
|CR-V LX 4WD||$100||$176||$252||$14||$76||$618||$52|
|CR-V EX 4WD||$114||$176||$252||$14||$76||$632||$53|
|CR-V EX-L 2WD||$114||$176||$252||$14||$76||$632||$53|
|CR-V EX-L 4WD||$114||$176||$252||$14||$76||$632||$53|
|Get Your Own Custom Quote Go|
Prices based on married male driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Nevada minimum liability limits. Discounts applied include homeowner, multi-policy, safe-driver, claim-free, and multi-vehicle. Rates do not factor in vehicle garaging location which can raise or lower auto insurance rates greatly.
Finding the highest-rated car insurance company can be challenging considering how many companies provide coverage in Nevada. The rank data shown below may help you decide which coverage providers to look at when trying find the best insurance for a Honda CR-V. These ratings are only comprised of the largest companies in America, so companies that only write business in Nevada or surrounding areas are not taken into consideration for the list.
Top 10 Major Auto Insurance Providers in Nevada Ranked by A.M. Best Rating
- USAA - A++
- Travelers - A++
- GEICO - A++
- State Farm - A++
- The Hartford - A+
- Esurance - A+
- Nationwide - A+
- Allstate - A+
- Mercury Insurance - A+
- Titan Insurance - A+
Top 10 Major Auto Insurance Providers in Nevada Ranked by Customer Service
- State Farm
- The Hartford
- Mercury Insurance
- The General
- AAA Insurance
- American Family
Top Companies for Honda CR-V Insurance in Nevada
Full coverage rates compared to liability only
Reducing premiums for insurance is probably important to the majority of people, and one good way to save on the cost of insurance for a Honda CR-V in Nevada is to buy liability only. The diagram below shows the comparison of premium costs with full physical damage coverage compared to only buying liability only. The information is based on no driving violations, no at-fault accidents, $500 deductibles, single status, and no discounts are factored in.
Averaged for all ages 20 through 70, comp and collision coverage costs an extra $1,455 per year more than just buying liability insurance. At some point, almost every driver questions if buying full coverage is worth the expense. There is no exact formula to exclude physical damage coverage on your policy, but there is a general school of thought. If the annual cost of comprehensive and collision coverage is more than 10% of any settlement you would receive from your insurance company, then it's probably a good time to buy liability coverage only.
For example, let's assume your vehicle's book value is $9,000 and you have $1,000 deductibles. If your vehicle is destroyed, the most you would receive is $8,000 after paying your deductible. If it's costing in excess of $800 a year for comprehensive and collision coverage, then you might want to consider buying only liability coverage.
How careless driving impacts insurance rates
The easiest way to score affordable insurance prices in Nevada for a CR-V is to drive carefully and avoid getting tickets or having accidents. The chart below highlights how speeding tickets and at-fault accidents can affect insurance costs for different age groups. The premiums are based on a married male driver, full physical damage coverage, $250 deductibles, and no discounts are factored in.
The data in the chart shows the average cost of a car insurance policy in Nevada per year with a clean driving record and no accidents is $1,384. Get written up for one speeding ticket and the average cost rises to $1,591, an increase of $207 each year. Now add two accidents along with the one speeding ticket and the 12-month cost of insurance for a Honda CR-V in Nevada increases to an average of $3,360. That's an increase of $1,975, or $165 per month, just for not being a responsible driver!
Get discount Nevada car insurance rates
Insurance companies that offer cheap quotes for a Honda CR-V may additionally offer price discounts that could potentially reduce rates by 40% or more if you are eligible to receive them. Popular insurance companies and a partial list of their discounts are:
- Farmers Insurance discounts include electronic funds transfer, pay in full, switch companies, business and professional, multi-car, and good student.
- Esurance may offer discounts for renters, anti-theft, DriveSense, multi-car, claim free, and anti-lock brakes.
- State Farm has savings for accident-free, Drive Safe & Save, defensive driving training, student away at school, and good student.
- GEICO has discounts for daytime running lights, defensive driver, emergency military deployment, multi-policy, and driver training.
- Allstate may have discounts that include teenSMART discount, good payer, farm vehicle, passive restraint, and economy car.
The example below illustrates the comparison of car insurance rates with and without some available policy discounts. The rates are based on a male driver, no claims or driving violations, Nevada state minimum liability limits, comprehensive and collision coverage, and $250 deductibles.
The first bar for each age group shows the price with no discounts. The second bar shows the rates with claim-free, defensive driving course, vehicle safety, multiple policy, homeowner, and passive restraint discounts applied. When drivers qualify for the discounts, theaverage yearly reduction on insurance for a Honda CR-V is 27% or $454.