Nobody looks forward to paying for auto insurance, in particular when they are paying too much. Companies like GEICO, Farmers Insurance and State Farm increase brand awareness with ad campaigns and it is difficult to separate fact from fiction and effectively compare rates to find the best deal.
You should take the time to check auto insurance prices once or twice a year because rates are variable and change quite frequently. Even if you think you had the lowest price for 2.3CL coverage a few years ago you can probably find a better price now. Block out anything you think you know about auto insurance because you’re about to learn the proper way to reduce your cost while improving coverage.
Companies offer discounts so take them!
Companies offering auto insurance don’t always publicize every available discount very well, so we researched both the well known and the more hidden auto insurance savings. If you don’t get every credit you deserve, you are paying more than you should be.
- Multiple Policy Discount – When you have multiple policies with the same insurance company you may save at least 10% off all policies.
- Service Members Pay Less – Having a deployed family member can result in better rates.
- Early Signing – Select companies give a discount for buying a policy before your current expiration date. This can save 10% or more.
- Anti-lock Brake Discount – Vehicles equipped with ABS or steering control can reduce accidents and qualify for as much as a 10% discount.
- Senior Citizens – Older drivers may qualify for reduced rates for 2.3CL coverage.
It’s important to understand that most of the big mark downs will not be given to your bottom line cost. Most only apply to specific coverage prices like comprehensive or collision. Even though it may seem like adding up those discounts means a free policy, you won’t be that lucky.
For a list of insurers who offer auto insurance discounts, follow this link.
How to Get Auto Insurance
Getting better Acura 2.3CL auto insurance pricing doesn’t have to be difficult. Consumers just need to spend a little time to compare quotes online from several insurance companies. It is quite easy and can be accomplished using a couple different methods.
- One of the simplest ways to find low rates is to use a rate comparison form (click to open form in new window). This form keeps you from doing repetitive form entry for each company. Completing one form will return price quotes from multiple low-cost companies.
- A more time consuming way to compare prices is spending the time to visit the website of each company to complete their respective quote request forms. For examples sake, we’ll pretend you want to compare rates from Allstate, Farmers and American Family. To get each rate you have to go to every website to enter your coverage information, which is why most consumers use the first method.
For a handy list of car insurance company links in your area, click here.
- The most time-consuming way of comparing rate quotes is to spend your day driving to local insurance agencies. The internet makes this process obsolete unless you require the personal advice only provided by licensed agents. Drivers can comparison shop your insurance online and still use a local agent and we’ll touch on that later.
It doesn’t matter which method you choose, just ensure you are comparing the exact same information on every quote you get. If each company quotes different limits and deductibles on each one it will be very difficult to determine the lowest rate for your Acura 2.3CL.
Local agents and auto insurance
Some people prefer to buy from a local agent and that is a personal choice. Professional agents are trained to spot inefficiencies and help submit paperwork. One of the great benefits of getting online price quotes is you can get better rates but still work with a licensed agent.
To find an agent, once you fill out this form (opens in new window), your information is immediately sent to companies who will compete for your insurance coverage. You don’t have to leave your computer since price quotes are sent to your email. It doesn’t get any easier!
Deciding on an insurer should depend on more than just the premium amount. Any agent should have no problem answering these questions:
- What is the agency’s Better Business Bureau rating?
- Are they properly licensed to sell insurance in your state?
- How are claims handled?
- If you have an accident, will your rates go up?
- Is vehicle mileage a factor when determining depreciation for repairs?
- If you are a high risk driver, do they have special markets for your coverage?
- What will you get paid if your car is a total loss? How is that amount determined?
- Are there any hidden costs in their price quote and does it include driving and credit history?
If you want to view licensed agents in your state, visit this site.
After getting positive responses to any questions you have and a good coverage price, it’s possible that you found an insurance company that is a good match to insure your vehicles.
Auto insurance myths debunked
Drivers constantly see and hear ads that promise big savings from companies such as State Farm, Allstate and GEICO. They all make the same claim of big savings after switching your policy.
How can each company say the same thing?
Insurance companies are able to cherry pick for the type of driver that earns them a profit. A good example of a profitable customer might be between the ages of 30 and 50, has no prior claims, and has a short commute. A customer that hits that “sweet spot” will qualify for the lowest rates and is almost guaranteed to save when switching.
Drivers who don’t measure up to the “perfect” profile will be quoted higher premiums which leads to business going elsewhere. The ads state “customers who switch” but not “drivers who get quotes” save that kind of money. That’s the way companies can advertise the savings. This emphasizes why it’s extremely important to compare many company’s rates. Because you never know the company that will have the lowest rates.
Information about specific coverages
Having a good grasp of your auto insurance policy can help you determine which coverages you need for your vehicles. Policy terminology can be confusing and nobody wants to actually read their policy. Below you’ll find typical coverage types found on most auto insurance policies.
Collision coverage
Collision insurance covers damage to your 2.3CL from colliding with an object or car. You have to pay a deductible and then insurance will cover the remainder.
Collision can pay for claims like damaging your car on a curb, scraping a guard rail, sustaining damage from a pot hole, colliding with another moving vehicle and hitting a parking meter. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. It’s also possible to raise the deductible in order to get cheaper collision rates.
Medical payments and PIP coverage
Medical payments and Personal Injury Protection insurance pay for short-term medical expenses like nursing services, hospital visits and chiropractic care. The coverages can be used to fill the gap from your health insurance program or if there is no health insurance coverage. They cover you and your occupants as well as any family member struck as a pedestrian. Personal Injury Protection is not available in all states but can be used in place of medical payments coverage
Comprehensive auto coverage
This coverage covers damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and then insurance will cover the rest of the damage.
Comprehensive coverage protects against claims like hitting a bird, a broken windshield, vandalism, a tree branch falling on your vehicle and rock chips in glass. The highest amount you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle’s value is low consider dropping full coverage.
UM/UIM (Uninsured/Underinsured Motorist) coverage
Your UM/UIM coverage provides protection when the “other guys” either are underinsured or have no liability coverage at all. Covered losses include medical payments for you and your occupants as well as your vehicle’s damage.
Since many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is a good idea.
Auto liability
This coverage protects you from damage that occurs to people or other property by causing an accident. It protects YOU from claims by other people. It does not cover your own vehicle damage or injuries.
Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see values of 50/100/50 which means $50,000 bodily injury coverage, $100,000 for the entire accident, and $50,000 of coverage for damaged propery.
Liability coverage pays for things like pain and suffering, bail bonds, legal defense fees and medical services. How much liability coverage do you need? That is a personal decision, but consider buying as much as you can afford.
Affordable insurance is out there
When buying insurance coverage, it’s a bad idea to reduce needed coverages to save money. There are many occasions where someone dropped liability coverage limits and discovered at claim time they didn’t purchase enough coverage. Your aim should be to buy enough coverage at an affordable rate while still protecting your assets.
We just covered some good ideas how you can compare Acura 2.3CL insurance prices online. The most important thing to understand is the more companies you get rates for, the better your chances of lowering your rates. You may even find the biggest savings come from a small local company. They may cover specific market segments cheaper than the large multi-state companies such as State Farm and Allstate.
Cost effective Acura 2.3CL insurance is attainable on the web in addition to many insurance agents, so you should compare both so you have a total pricing picture. Some auto insurance companies do not provide you the ability to get quotes online and these smaller companies work with independent agents.
