Nobody I know cherishes buying auto insurance, particularly when the price is too high.
There is such a variety of insurers to purchase coverage from, and although it’s nice to be able to choose, so many choices can make it hard to locate the cheapest rates.
Take discounts and save
Companies don’t always list all their discounts in a way that’s easy to find, so we took the time to find some of the best known and the harder-to-find ways to save on auto insurance.
- Sign Online – Some insurance companies may give you up to $50 just for signing your application over the internet.
- Anti-lock Brake Discount – Anti-lock brake equipped vehicles are safer to drive and will save you 10% or more.
- Good Student – A discount for being a good student can save 20 to 25%. The discount lasts until age 25.
- Low Mileage – Keeping the miles down on your Acura could be rewarded with better rates on cars that stay parked.
- Accident Forgiveness – A few companies will forgive one accident before hitting you with a surcharge if you are claim-free for a certain period of time.
- Drive Safe and Save – Drivers who avoid accidents may receive a discount up to 45% less on RSX insurance than their less cautious counterparts.
- Student Driver Training – Require your teen driver to take driver’s ed class if offered at their school.
- Resident Student – Youth drivers who attend school more than 100 miles from home and don’t have a car may qualify for this discount.
- Early Signing – Some insurance companies reward drivers for signing up before your current policy expires. This can save 10% or more.
- Own a Home – Being a homeowner can help you save on auto insurance because of the fact that having a home is proof that your finances are in order.
It’s important to understand that some credits don’t apply to your bottom line cost. A few only apply to individual premiums such as comp or med pay. So despite the fact that it appears having all the discounts means you get insurance for free, you’re out of luck.
To see a list of companies offering auto insurance discounts, click this link.
Auto Insurance Comparisons
The are a couple different ways to get quotes from local auto insurance companies. The easiest way to find competitive Acura RSX insurance rates is to perform an online rate comparison. This can be accomplished using a couple different methods.
- The most efficient way consumers can analyze rates would be an industry-wide quote request form (click to open form in new window). This easy form eliminates the need for separate quotation requests for every auto insurance company. Filling out one form will return price quotes from many national carriers.
- A slightly less efficient method to get comparison quotes is spending the time to visit each company’s website and fill out their own quote form. For example, let’s assume you want rates from State Farm, 21st Century and Liberty Mutual. To get rate quotes you would need to spend time on each company’s site and enter your policy data, which is why the first method is quicker.
For a list of links to companies insuring cars in your area, click here.
- The least efficient method to get comparison rates is to waste gas driving to and from local insurance agencies. Buying insurance online can eliminate the need for a local agent unless you have a need for the professional guidance only provided by licensed agents. However, consumers can price shop your coverage online but buy from a local insurance agent.
It’s up to you how you get prices quotes, just make darn sure you compare identical coverage limits and deductibles on every quote you get. If you are comparing mixed coverages it will be next to impossible to determine the best price for your Acura RSX. Quoting even small variations in limits may result in a large different in cost. And when quoting auto insurance, remember that quoting more gives you a better chance of getting the best offered rates.
Acura RSX insurance rates can be determined by these details
An important part of buying insurance is that you know the different types of things that come into play when calculating auto insurance rates. Knowing what influences your rates allows you to make educated decisions that could result in much lower annual insurance costs.
- More claims means more premium – Auto insurance companies award lower rates to policyholders who file claims infrequently. If you tend to file frequent claims, you can pretty much guarantee either a policy non-renewal or much higher rates. Insurance coverage is intended to be relied upon for the large, substantial claims.
- Better credit scores mean better rates – Having a bad credit rating is a large factor in calculating your auto insurance rates. Consumers who have good credit tend to be less risk to insure than those with poor credit. If your credit score can use some improvement, you could save money insuring your Acura RSX by repairing your credit.
- High deductibles save money – Physical damage deductibles represent how much money you are willing to pay before your auto insurance pays a claim. Physical damage coverage, commonly called comprehensive (or other-than-collision) and collision coverage, covers damage that occurs to your car. Some instances where coverage would apply are colliding with a building, collision with an animal, and windstorm damage. The more money you are required to pay out-of-pocket, the bigger discount you will receive on RSX insurance.
- Your location affects your rates – Being located in a small town is a positive aspect when talking about auto insurance. Drivers who live in large cities have to deal with more traffic problems and a longer drive to work. Less people living in that area means fewer accidents as well as less vandalism and auto theft.
- Liability coverage protects you – Liability insurance will protect you if you are found liable for damages caused by your negligence. Liability provides legal defense which can be incredibly expensive. Carrying liability coverage is mandatory and cheap compared to physical damage coverage, so buy as much as you can afford.
- Rate your vehicle for proper use – The more you drive in a year the more you’ll pay to insure your vehicle. Most companies apply a rate determined by how the vehicle is used. Vehicles not used for work or commuting can get a lower rate than vehicles that are driven to work every day. Ask your agent if your auto insurance policy properly reflects the correct driver usage, because it can save money. Incorrect usage on your RSX can result in significantly higher rates.
- Little extras can really add up – There are a ton of extra coverages that you can buy on your RSX policy. Coverages like roadside assistance, towing coverage and motor club memberships may be wasting your money. They may seem like a good idea when talking to your agent, but if you don’t need them get rid of them and save.
- Don’t let your coverage lapse – Driving with no insurance is illegal and you will pay a penalty because you let your coverage have a gap. Not only will you pay more, but not being able to provide proof of insurance may earn you a hefty fine and possibly a revoked license.
What coverages do I need?
When buying coverage, there really is no one size fits all plan. Each situation is unique and a cookie cutter policy won’t apply. For instance, these questions might point out whether or not you would benefit from an agent’s advice.
- Should I sign the liability waiver when renting a car?
- Am I covered when driving in Canada or Mexico?
- Does my Acura RSX qualify for pleasure use?
- Is a no-fault state?
- Do I need rental car coverage?
- Does my personal auto insurance policy cover using my vehicle for business use?
- How do I file an SR-22 for a DUI in my state?
- Do I need special endorsements for business use of my vehicle?
- Do no-fault laws apply in my state?
If it’s difficult to answer those questions but one or more may apply to you, you might consider talking to an insurance agent. If you want to speak to an agent in your area, simply complete this short form or go to this page to view a list of companies.
Local agents and auto insurance
A small number of people prefer to buy from a licensed agent and that is just fine! The best thing about getting online price quotes is the fact that you can find lower rates and still have an agent to talk to.
For easy comparison, once you complete this form (opens in new window), your coverage information gets sent to companies who will battle for your insurance coverage. There is no reason to leave your computer since price quotes are sent straight to your inbox. Now that’s easy! Get lower rates without the usual hassles of price shopping.
Selecting an insurance company should depend on more than just the price. These questions are important to ask:
- If you have an accident, are you able to get your vehicle repaired at the shop of your choice?
- How long has their agency been open?
- Can glass repairs be made at your home?
- What are the financial ratings for the companies they represent?
- How much will you save each year by using a higher deductible?
- How are they compensated?
Insurance agent types
When researching a local agent, you need to know there are two types of insurance agents that differ in how they can insure your vehicles. Agents can either be independent or captive.
Agency Captives
This type of agents have only one company to place business with and examples are State Farm, AAA and Liberty Mutual. They usually cannot provide prices from multiple companies so they have no alternatives for high prices. These agents receive extensive training in insurance sales which can be an advantage.
Independent Agents (or Brokers)
Independent agencies are not locked into one company so they have the ability to put coverage with any number of different companies depending on which coverage is best. If you are not satisfied with one company, the business is moved internally and you don’t have to find a new agent. When comparing rates, you should always include price quotes from several independent insurance agents for maximum quote selection.
To view a complete directory of auto insurance agents, click here.
Once you have answers to your satisfaction to these questions and locked in a price quote, you may have just found a car insurance agent that is a good match to properly service your auto insurance policy.
Best coverage at the best price
As you go through the steps to switch your coverage, it’s not a good idea to skimp on critical coverages to save a buck or two. Too many times, drivers have reduced uninsured motorist or liability limits only to regret that a couple dollars of savings turned into a financial nightmare. The ultimate goal is to buy the best coverage you can find for the lowest price while still protecting your assets.
The cheapest Acura RSX insurance can be found from both online companies and also from your neighborhood agents, and you need to price shop both to have the best rate selection. Some insurance providers may not provide online price quotes and most of the time these small, regional companies sell through independent agents.
