2014 Acura ILX Insurance Cost

Want the cheapest insurance coverage rates? Drivers have options when trying to find the best price on Acura ILX insurance. They can either spend hours struggling with agents to get rate comparisons or leverage the internet to compare rates.

There are both good and bad ways to compare insurance coverage rates and you need to know the best way to price shop coverage on a Acura and get the lowest price either online or from local insurance agents.

How to save on Acura ILX insurance

Car insurance is not cheap, but you can get discounts that you may not even be aware of. A few discounts will automatically apply when you quote, but a few need to be specifically requested prior to receiving the credit. If you’re not getting every credit you deserve, you are throwing money away.

  • Senior Citizens – If you’re over the age of 55, you may be able to get a small decrease in premiums for ILX coverage.
  • Theft Prevention Discount – Anti-theft and alarm systems are stolen less frequently and therefore earn up to a 10% discount.
  • Good Student – This discount can get you a discount of up to 25%. This discount can apply up to age 25.
  • Safe Drivers – Safe drivers can pay as much as 50% less for ILX coverage than their less cautious counterparts.
  • Claim Free – Claim-free drivers can earn big discounts compared to frequent claim filers.
  • Safety Course Discount – Successfully completing a driver safety course can save you 5% or more if your company offers it.
  • Pay Now and Pay Less – If you pay your bill all at once instead of making monthly payments you could save up to 5%.
  • Anti-lock Brake System – Vehicles with anti-lock braking systems are safer to drive and qualify for as much as a 10% discount.

As a disclaimer on discounts, most credits do not apply to the entire cost. Some only apply to the price of certain insurance coverages like liability, collision or medical payments. Just because it seems like you would end up receiving a 100% discount, insurance coverage companies aren’t that generous. Any qualifying discounts will cut the cost of coverage.

Insurance companies that possibly offer these money-saving discounts include:

Double check with every prospective company which discounts they offer. Savings might not apply in your area.

Acura ILX insurance rates are influenced by…

Consumers need to have an understanding of the rating factors that go into determining your auto insurance rates. Having a good understanding of what impacts premium levels empowers consumers to make smart changes that may reward you with big savings.

Listed below are some of the factors used by your company to calculate rates.

  • Your auto insurance rates can be influenced by your job – Did you know your job can affect your rates? Occupations such as judges, business owners and stock brokers tend to have the highest rates in part from stressful work requirements and long work days. On the other hand, professions such as farmers, students and homemakers receive lower rates for ILX coverage.
  • Lower rates come with age – Older insureds tend to be more responsible, tend to cause fewer accidents and tend to be better behind the wheel. Youthful drivers are known to be more careless when behind the wheel and because of this, their auto insurance rates are much higher.
  • Keep rates low by being claim-free – If you file claims often, you can definitely plan on either a policy non-renewal or much higher rates. Insurance companies award cheaper rates to people who are claim-free. Auto insurance is meant to be used in the event of major claims that would cause financial hardship.
  • Low deductibles can be expensive – Deductibles for physical damage represent how much money you are required to spend out-of-pocket if you file a covered claim. Insurance for physical damage to your car, commonly called comprehensive (or other-than-collision) and collision coverage, covers damage that occurs to your car. A few examples of covered claims are colliding with a building, vandalism, and windstorm damage. The more expense you have to pay, the bigger discount you will receive for ILX coverage.
  • Liability coverage is peace of mind – Liability coverage provides coverage if a court rules you are at fault for causing damage or personal injury in an accident. It provides for a legal defense which can cost thousands of dollars. Carrying liability coverage is mandatory and cheap when compared with rates for comp and collision, so do not cut corners here.
  • Are you male or female? – The statistics show that men are more aggressive behind the wheel. However, this does not mean women are better drivers. They both have accidents in similar numbers, but men have costlier accidents. Men also get cited for more serious violations such as DWI and reckless driving. Teenage male drivers are the most expensive to insure and thus pay the highest rates.

Tailor your coverage to you

When it comes to buying proper insurance coverage, there is no “best” method to buy coverage. Everyone’s situation is unique.

For instance, these questions can help discover whether your personal situation will benefit from professional help.

  • Who is covered by my policy?
  • How much liability insurance is required?
  • Does my medical payments coverage pay my health insurance deductible?
  • Am I covered if I crash into my own garage door?
  • Can I get a multi-policy discount for packaging my home and auto coverage?
  • Am I covered when driving a rental car?
  • Who is covered when they drive my 2014 Acura ILX?
  • What is the rate difference between pleasure use and commuting?
  • When should I not file a claim?
  • Does car insurance cover theft of personal property?

If you’re not sure about those questions, then you may want to think about talking to an insurance agent. If you don’t have a local agent, simply complete this short form. It is quick, free and can provide invaluable advice.

Save $398 a year? Really?

Consumers get pounded daily by advertisements for car insurance savings from the likes of State Farm and Allstate. All the companies make the same claim that you’ll save big after switching your coverage to them.

How does each company make the same claim? It’s all in the numbers.

All companies can use profiling for the type of customer that makes them money. For instance, a preferred risk could possibly be between the ages of 30 and 50, insures multiple vehicles, and drives less than 7,500 miles a year. A propective insured who fits that profile will get very good rates and as a result will probably save a lot of money.

Potential customers who don’t qualify for the requirements will have to pay higher premiums which leads to business going elsewhere. The ads say “people who switch” not “people who quote” save that much money. This is how companies can truthfully make the claims of big savings.

Because of the profiling, drivers should get quotes from several different companies. You cannot predict which auto insurance company will fit your personal profile best.

Car insurance coverages for an Acura ILX

Learning about specific coverages of your policy can help you determine which coverages you need at the best deductibles and correct limits. Insurance terms can be confusing and even agents have difficulty translating policy wording.

Comprehensive insurance – Comprehensive insurance pays for 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 coverage protects against things such as theft, fire damage, falling objects, hail damage and damage from getting keyed. The maximum amount you’ll receive from a claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Collision – Collision coverage pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for things such as hitting a parking meter, driving through your garage door, sustaining damage from a pot hole, colliding with a tree and crashing into a building. This coverage can be expensive, so you might think about dropping it from lower value vehicles. It’s also possible to raise the deductible to get cheaper collision coverage.

Liability car insurance – Liability coverage can cover injuries or damage you cause to other people or property. This insurance protects YOU from claims by other people, and does not provide coverage for damage sustained by your vehicle in an accident.

Liability coverage has 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 stand for a $50,000 limit per person for injuries, a per accident bodily injury limit of $100,000, and a limit of $50,000 paid for damaged property. Another option is a combined limit which combines the three limits into one amount rather than limiting it on a per person basis.

Liability coverage protects against claims such as medical expenses, attorney fees, repair costs for stationary objects and funeral expenses. How much coverage you buy is up to you, but buy higher limits if possible.

Uninsured/Underinsured Motorist (UM/UIM) – Your UM/UIM coverage protects you and your vehicle’s occupants when the “other guys” either are underinsured or have no liability coverage at all. This coverage pays for medical payments for you and your occupants as well as your vehicle’s damage.

Since a lot of drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is a good idea. Most of the time the UM/UIM limits are identical to your policy’s liability coverage.

Med pay and Personal Injury Protection (PIP) – Medical payments and Personal Injury Protection insurance pay for short-term medical expenses for things like funeral costs, dental work, ambulance fees and nursing services. They can be used to fill the gap from your health insurance program or if you lack health insurance entirely. Medical payments and PIP cover not only the driver but also the vehicle occupants and also covers any family member struck as a pedestrian. Personal Injury Protection is not available in all states and may carry a deductible

Be a smart shopper

Insureds who switch companies do it for a variety of reasons including lack of trust in their agent, denial of a claim, delays in paying claims or unfair underwriting practices. It doesn’t matter what your reason, choosing a new insurance company is not as difficult as it may seem.

When trying to cut insurance costs, it’s very important that you do not skimp on critical coverages to save a buck or two. There are many occasions where someone sacrificed uninsured motorist or liability limits only to discover later that saving that couple of dollars actually costed them tens of thousands. The proper strategy is to buy the best coverage you can find at an affordable rate.

Cost effective 2014 Acura ILX insurance can be purchased both online and also from your neighborhood agents, so you should be comparing quotes from both in order to have the best price selection to choose from. Some insurance coverage companies may not provide online price quotes and most of the time these small, regional companies sell through independent agents.

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