1996 Acura TL Car Insurance Rates – 6 Policy Discounts

Trying to find cheaper car insurance rates for your Acura TL? Finding the best price on car insurance is challenging if you have never used online quoting. But relax because using the internet to shop for car insurance is actually quite easy.

Policy discounts you shouldn’t miss

The cost of insuring your cars can be expensive, but you may find discounts that many people don’t even know exist. Some discounts apply automatically when you purchase, but a few need to be specially asked for before you will receive the discount.

  • Sign Online – Certain companies give back up to $50 for buying a policy and signing up on their website.
  • Accident Free – Good drivers with no accidents pay less when compared to accident-prone drivers.
  • Distant Student – Kids in college who attend school more than 100 miles from home without a vehicle on campus may qualify for this discount.
  • Lower Rates for Military – Having a family member in the military could mean lower rates.
  • Life Insurance – Larger companies have lower rates if you buy life insurance.
  • Multi-policy Discount – If you insure your home and vehicles with the same company you may earn approximately 10% to 15%.

It’s important to understand that some credits don’t apply to the overall cost of the policy. Most only reduce individual premiums such as liability, collision or medical payments. Even though it may seem like all the discounts add up to a free policy, companies don’t profit that way. But all discounts will bring down the cost of coverage.

For a list of insurance companies with the best insurance discounts, click here.

Insurance agents can help

When it comes to buying adequate coverage for your vehicles, there isn’t really a “best” method to buy coverage. Every insured’s situation is different.

These are some specific questions may help you determine whether you could use an agent’s help.

  • Do I have coverage when using my vehicle for my home business?
  • When should I drop full coverage on my 1996 Acura TL?
  • Are rental cars covered under my policy?
  • If my 1996 Acura TL is totaled, can I afford another vehicle?
  • Does liability extend to a camper or trailer?
  • Should I carry comprehensive and collision coverage?

If you can’t answer these questions, then you may want to think about talking to a licensed agent. To find an agent in your area, complete this form.

Insurance coverages 101

Learning about specific coverages of a insurance policy helps when choosing the best coverages and proper limits and deductibles. Policy terminology can be difficult to understand and reading a policy is terribly boring.

Liability – Liability coverage will cover damages or injuries you inflict on other’s property or people in an accident. It protects YOU from claims by other people, and does not provide coverage for damage sustained by your vehicle in an accident.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see policy limits of 50/100/50 which means a $50,000 limit per person for injuries, a total of $100,000 of bodily injury coverage per accident, and a limit of $50,000 paid for damaged property. Some companies may use one number which is a combined single limit which limits claims to one amount rather than limiting it on a per person basis.

Liability can pay for things such as court costs, emergency aid and medical services. How much liability coverage do you need? That is up to you, but buy higher limits if possible.

Medical costs insurance – Medical payments and Personal Injury Protection insurance kick in for immediate expenses for things like hospital visits, nursing services, doctor visits and chiropractic care. The coverages can be used to fill the gap from your health insurance plan or if you lack health insurance entirely. Medical payments and PIP cover you and your occupants as well as any family member struck as a pedestrian. PIP coverage is not universally available but can be used in place of medical payments coverage

Collision – This coverage covers damage to your TL resulting from colliding with an object or car. You have to pay a deductible then your collision coverage will kick in.

Collision coverage protects against things such as driving through your garage door, crashing into a ditch, hitting a mailbox and rolling your car. This coverage can be expensive, so consider removing coverage from vehicles that are 8 years or older. Drivers also have the option to raise the deductible to save money on collision insurance.

Comprehensive or Other Than Collision – This coverage will pay to fix damage that is not covered by collision coverage. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims such as hail damage, a tree branch falling on your vehicle and hitting a deer. The most your insurance company will pay is the market value of your vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.

UM/UIM Coverage – Your UM/UIM coverage protects you and your vehicle from other drivers when they either have no liability insurance or not enough. Covered claims include injuries sustained by your vehicle’s occupants and also any damage incurred to your Acura TL.

Since many drivers have only the minimum liability required by law, their limits can quickly be used up. For this reason, having high UM/UIM coverages is a good idea. Most of the time your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

At the end of the day…

You just learned many ways to lower your 1996 Acura TL insurance rates. It’s most important to understand that the more times you quote, the better your chances of lowering your rates. Consumers could even find that the lowest premiums are with a smaller regional carrier.

Drivers leave their current company for a variety of reasons including an unsatisfactory settlement offer, being labeled a high risk driver, extreme rates for teen drivers or questionable increases in premium. No matter why you want to switch, finding a new company is pretty easy and you might even save some money in the process.

As you prepare to switch companies, make sure you don’t reduce coverage to reduce premium. There are too many instances where an accident victim reduced uninsured motorist or liability limits only to regret that they should have had better coverage. The aim is to buy the best coverage you can find at an affordable rate while not skimping on critical coverages.

More detailed insurance information can be found in these articles: