The Standard 2021 Honda CR-V Makes Insurance Lighter on Your Wallet

The sticker price on a vehicle can be a little deceptive. There are tons of ways that a vehicle can be more expensive than you previously thought, such as added fees and taxes. Insurance takes it to a whole new level as the price can sometimes be far more than potential buyers were calculating in their heads. The 2021 Honda CR-V LX trim will also make consumers swoon a little when they get an insurance quote, but not because it’s too expensive. Rather, it’s deceptively cheap for all that you get. So how is this possible?

The LX trim may be the cheapest, but it offers a lot for its price point

Cheap is usually a good thing unless you’re talking about a vehicle, that is. Or, that seems to be the accepted perception. In reality, lower prices don’t necessarily mean poor quality, and higher-priced vehicles are often overrated for what they offer.

Honda seems to have found the sweet spot with the Honda CR-V. While it might be out of the budget range for some consumers, it’s possible to save up for it. It also offers just enough goodies to be worth the price.

The LX starts at $25,350, and it comes standard with a 190 hp turbocharged four-cylinder engine that is more than adequate. It has enough cargo room to compete with a midsize SUV, and it’s comfortable enough to make passengers feel like they’re in something more upscale.

The next trim level is the EX. It starts at $27,860 and offers a 7-inch touchscreen as opposed to the 5-inch display on the LX. The EX-L gets a slight price boost up to $30,450. For $2,590 more, you’ll get leather seats so comfy it’ll make you feel spoiled.

Finally, the CR-V Touring, which is the highest trim level available, offers wireless device charging, a heated steering wheel, and a hands-free liftgate to name a few things. The Touring starts at $33,650.

What safety features does the Honda CR-V LX trim have?

RELATED: Every 2021 Honda CR-V Trim is Recommended by Edmunds

This is the part where we usually point out that while the automaker offers a few nice safety features, it doesn’t go crazy with them. We can’t do that now, because the Honda Sensing suite offers so many features as standard, it puts competitors to shame.

The EX comes standard with forward collision warning, automatic emergency braking, road departure mitigation, adaptive cruise control, lane departure warning, lane keep assist, automatic high-beam headlights, and a rearview camera.

Given the low price of the 2021 Honda CR-V EX, it might seem like it can’t get any better. That’s where you’d be wrong, though, because the LX has another major reason to consider it if you’re in the market for a new SUV.

Is the Honda CR-V expensive to insure?

RELATED: Why Are the Honda Accord and Civic Expensive to Insure?

So, now that you know everything that makes the Honda CR-V LX so attractive, it’s time to learn the true cost of ownership. Beyond the already cheap starting price, that is. 

According to MotorTrend, insurance for the 2021 Honda CR-V LX costs on average $1,285 per year. Break that down into monthly payments, and it’s around $107.08 a month. While you may be feeling a little faint right now, it’s true. There really are brand-new vehicles that don’t cost an arm and a leg to insure.

That’s not all, though. It gets even better if you can believe it. Insurance typically gets cheaper as a vehicle ages. This means that you’ll start out paying $107.08 a month, but as the years roll by, you’ll likely be expected to pay less. 

While your car payments are not going to lower as time passes, it’s still nice to know that your insurance will. And since Honda is considered one of the most reliable car brands in the industry, you won’t have to worry about trading in for a newer model unless you just want to. It doesn’t get much better than that.