Compare 1998 Acura SLX Car Insurance Cost

Trying to find cheaper auto insurance rates for your Acura SLX? I can’t think of a single person who looks forward to buying auto insurance, especially knowing the cost is too high. Lots of insurance companies contend to insure your vehicles, and because of this it can be hard to compare insurance companies to get the lowest price

Discounts on 1998 Acura SLX insurance

Insurance can cost an arm and a leg, but you can get discounts to reduce the price significantly. Some trigger automatically at the time of quoting, but lesser-known reductions have to be specially asked for before you get the savings. If you’re not getting every credit you qualify for, you’re paying more than you need to.

  • Military Rewards – Having a family member in the military can result in better rates.
  • Defensive Driver – Taking part in a course in driver safety can save you 5% or more if you qualify.
  • Safe Drivers – Insureds without accidents can pay as much as 50% less for SLX coverage than drivers with accidents.
  • Multi-car Discount – Buying coverage for more than one vehicle on one policy may reduce the rate for each vehicle.
  • Resident Student – Kids in college who are attending college without a vehicle on campus may qualify for this discount.
  • Low Mileage Discounts – Low mileage vehicles can earn a substantially lower rate.
  • Sign Early and Save – Some insurance companies reward drivers for switching to them before your current policy expires. It can save you around 10%.

It’s important to understand that some credits don’t apply to the entire policy premium. The majority will only reduce the cost of specific coverages such as comprehensive or collision. So when it seems like you can get free auto insurance, you’re out of luck. Any qualifying discounts will cut your premiums.

A partial list of companies that may offer some of the above discounts include:

Double check with each company which discounts they offer. Some discounts might not apply in every state.

Acura SLX insurance rates are influenced by…

Consumers need to have an understanding of the rating factors that help determine your insurance rates. Knowing what influences your rates enables informed choices that may reward you with lower insurance prices.

  • Add-on coverages can add up – There are a lot of additional coverages you can purchase on your 1998 SLX policy. Things like roadside assistance, better glass coverage and motor club memberships may be costing you every month. These coverages may sound good when you first buy your policy, but if you don’t need them remove them from your policy.
  • Men are more aggressive – Statistics show that women are safer drivers than men. That doesn’t necessarily mean that men are WORSE drivers than women. They both tend to get into accidents at a similar rate, but the males cause more damage. They also receive more costly citations like DUI and reckless driving. Youthful male drivers are most likely to cause an accident and thus pay the highest rates.
  • Clean credit earns discounts – Your credit rating is a important factor in your rate calculation. Drivers who have good credit tend to be better drivers and file fewer claims as compared to drivers with lower credit ratings. If your credit rating can use some improvement, you could save money insuring your 1998 Acura SLX by spending a little time repairing your credit.
  • Protect yourself with liability coverage – The liability section of your policy is the coverage that protects you in the event that a jury decides you are liable for damages from an accident. Liability insurance provides for a legal defense which can cost thousands of dollars. Liability is cheap compared to insuring for physical damage coverage, so do not skimp.
  • Where you live – Residing in less populated areas can be a good thing when insuring your vehicles. Less people living in that area means reduced accidents. City drivers regularly have much more traffic to deal with and a longer drive to work. Higher commute times means higher likelihood of an accident.

Tailor your coverage to you

When it comes to buying the best insurance coverage, there really is not a perfect coverage plan. Every situation is different and a cookie cutter policy won’t apply. For instance, these questions can help discover if your situation may require specific advice.

  • If my pet gets injured in an accident are they covered?
  • When can my company non-renew my policy?
  • Is my cargo covered for damage or theft?
  • How can I find cheaper teen driver insurance?
  • Is my 1998 Acura SLX covered for smoke damage?
  • How do I file an SR-22 for a DUI in my state?
  • When does my teenage driver need to be added to my policy?
  • What is the ISO rating for a 1998 Acura SLX?
  • Do I have coverage when pulling a U-Haul trailer?

If you don’t know the answers to these questions, you may need to chat with a licensed insurance agent. To find an agent in your area, fill out this quick form or you can go here for a list of companies in your area. It only takes a few minutes and you can get the answers you need.

The fine print in insurance ads

Drivers can’t ignore all the ads that promise big savings from the likes of State Farm, Allstate and Geico. All the ads make the same claim that you’ll save big if you change your coverage to them.

But how can every company say the same thing?

All companies can use profiling for the right customer that is profitable for them. An example of a driver they prefer could be between 30 and 50, is a homeowner, and has a short commute. A driver who matches those parameters gets the lowest rates and therefore will save quite a bit of money when switching.

Drivers who don’t meet these standards will have to pay higher premiums which leads to business going elsewhere. Company advertisements say “customers who switch” but not “drivers who get quotes” save that much. That’s the way insurance companies can make those claims.

Because of the profiling, you absolutely need to get as many comparisons as possible. It’s not possible to predict which insurance companies will have the lowest Acura SLX insurance rates.

Information about specific coverages

Learning about specific coverages of your auto insurance policy can help you determine appropriate coverage for your vehicles. Policy terminology can be difficult to understand and coverage can change by endorsement. These are the usual coverages found on the average auto insurance policy.

Comprehensive insurance – This pays to fix your vehicle from damage from a wide range of events other than collision. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers claims like fire damage, damage from getting keyed, falling objects, damage from a tornado or hurricane and hail damage. The highest amount you’ll receive from a claim is the cash value of the vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Med pay and Personal Injury Protection (PIP) – Personal Injury Protection (PIP) and medical payments coverage pay for immediate expenses for prosthetic devices, surgery, pain medications, EMT expenses and chiropractic care. They can be used to fill the gap from your health insurance policy or if you are not covered by health insurance. Coverage applies to all vehicle occupants as well as being hit by a car walking across the street. Personal Injury Protection is not universally available and may carry a deductible

Liability coverage – Liability coverage will cover damage that occurs to other people or property in an accident. It protects YOU from claims by other people. It does not cover your injuries or vehicle damage.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see policy limits of 100/300/100 which stand for $100,000 bodily injury coverage, a total of $300,000 of bodily injury coverage per accident, and a limit of $100,000 paid for damaged property. Some companies may use one number which is a combined single limit which provides one coverage limit rather than limiting it on a per person basis.

Liability can pay for things like medical expenses, funeral expenses, pain and suffering, repair costs for stationary objects and medical services. How much liability coverage do you need? That is your choice, but buy as much as you can afford.

Uninsured/Underinsured Motorist (UM/UIM) – Your UM/UIM coverage gives you protection when the “other guys” either are underinsured or have no liability coverage at all. Covered losses include hospital bills for your injuries as well as your vehicle’s damage.

Since a lot of drivers only purchase the least amount of liability that is required, their limits can quickly be used up. This is the reason having UM/UIM coverage should not be overlooked. Most of the time these coverages are identical to your policy’s liability coverage.

Collision coverages – This coverage will pay to fix damage to your SLX resulting from a collision with another vehicle or an object, but not an animal. A deductible applies and then insurance will cover the remainder.

Collision coverage pays for things such as crashing into a building, scraping a guard rail, damaging your car on a curb and rolling your car. This coverage can be expensive, so consider removing coverage from older vehicles. Another option is to increase the deductible to save money on collision insurance.

In Summary

We covered a lot of ways to shop for 1998 Acura SLX insurance online. It’s most important to understand that the more companies you get rates for, the more likely it is that you will get a better rate. You may even find the lowest premiums are with a lesser-known regional company. These companies can often provide lower rates in certain areas compared to the large companies like Progressive and Geico.

When shopping online for auto insurance, it’s a bad idea to buy less coverage just to save a little money. There are many occasions where someone dropped liability coverage limits and found out when filing a claim that saving that couple of dollars actually costed them tens of thousands. Your focus should be to get the best coverage possible at the best price while still protecting your assets.

Even more information can be read at these sites: