1998 Acura SLX Insurance Rates

Buying more affordable insurance coverage can be overwhelming for people that are not comfortable with quoting and buying insurance online. With a ridiculous number of companies in the marketplace, how are people able to possibly compare every one to find the lowest price?

It’s a great practice to take a look at other company’s rates periodically since insurance prices fluctuate regularly. If you had the lowest quotes for SLX insurance a couple years back other companies may now be cheaper. There is a lot of bad information regarding insurance coverage online but in just a couple of minutes you can learn a bunch of ideas how to slash your insurance coverage rates.

If you currently have car insurance, you will be able to lower your premiums substantially using these methods. Buying cheaper auto insurance coverage is not that difficult. Nevertheless, car owners must learn the way companies compete online and apply this information to your search.

Free insurance rate quotes

When comparison shopping, there are several ways of comparing rates from lots of insurance companies. The easiest way to comparison shop consists of obtaining rate quotes online. It is quite easy and can be accomplished in a couple minutes as outlined below.

1. The most recommended method consumers can analyze rates would be an industry-wide quote request form click here to open form in new window. This form saves time by eliminating separate quotation requests for every prospective company. One simple form compares rates from all major companies. Just one form and you’re done.
2. Another way to analyze rates consists of visiting each company website to complete their respective quote request forms. For example, we’ll pretend you want comparison quotes from Liberty Mutual, Esurance and American Family. To get each rate you have to take the time to go to each site to enter the same coverage data repeatedly, which is why first method is reommended.

   For a list of links to insurance companies in your area, click here.

3. If you have time to kill, the last method to price shop rates is driving around to all the different insurance agencies. The ability to get quotes online eliminates the middleman unless your situation requires the extra assistance of a local agent. It is possible with some companies price shop online but have your policy serviced through an agent.

Which method you use is up to you, but be certain you are entering exactly the same coverages and limits on every quote. If you compare different limits and deductibles on each one it will be impossible to make a fair rate comparison. Slightly different insurance coverages or limits could mean much higher rates. Just keep in mind that comparing more rates from different companies increases the change that you will find more affordable rates.

Auto insurance quotes and discounts

Auto insurance can be pricey, but there are discounts available that you may not even know about. Certain reductions will be credited at the time you complete a quote, but lesser-known reductions have to be inquired about in order for you to get them.

• Pay Early and Save – If you can afford to pay the entire bill rather than spreading payments over time you can avoid the installment charge.
• Low Miles Discount – Low mileage vehicles can earn lower premium rates on the low mileage vehicles.
• Theft Deterent Discount – Vehicles with anti-theft systems can help prevent theft and qualify for as much as a 10% discount.
• Life Insurance – If the company offers life insurance, you could get a small discount if you purchase auto and life insurance together.
• 55 and Retired – Mature drivers can get reduced rates for SLX insurance.

We need to note that most discount credits are not given the the whole policy. Most only cut the cost of specific coverages such as comprehensive or collision. So even though they make it sound like you can get free auto insurance, auto insurance companies aren’t that generous.

A few companies that have some of the above discounts include:

• Geico
• MetLife
• Progressive
• Travelers
• SAFECO
• AAA

When comparing rates, check with every prospective company which discounts you qualify for. Some discounts listed above may not be offered in your area. To choose providers who offer cheap auto insurance quotes, click here.

Four factors that determine insurance premiums

Lots of factors are used in the calculation when premium rates are determined. Some of the criteria are obvious such as your driving history, but some are less apparent such as your credit history or how safe your car is.A large part of saving on car insurance is knowing the rating factors that go into determining the price you pay for car insurance. If you know what determines base rates, this allows you to make good choices that could help you find big savings.

The list below includes some of the major factors that factor into premiums.

• Your age impacts your premiums – Mature drivers are viewed as being more responsible, tend to cause fewer accidents , and are generally more financially stable.Drivers with little experience tend to be inattentive and easily distracted when behind the wheel and because of this, their car insurance rates are much higher.
• Multiple policies with one company can save – Lots of companies apply discounts to customers that buy multiple policies in the form of a multi-policy discount. Even with this discount applied, it’s still a good idea to check prices from other companies to guarantee you are still saving the most.
• Higher deductibles lower prices – Insurance for physical damage to your car, also called ‘full coverage’, insures against damage to your Acura. Examples of some claims that would be covered are collision with another vehicle, damage from fire, and having your car stolen. Deductibles for physical damage define the amount you are required to pay if a claim is determined to be covered. The larger the amount you choose to pay out-of-pocket, the lower your rates will be for SLX insurance.
• Cautious drivers pay less – Good drivers get better prices compared to drivers with tickets. Just one moving violation may increase your cost substantially. Drivers who get multiple tickets such as reckless driving or DUI may find they need to prove financial responsibility with the DMV in their state in order to prevent their license from being revoked.

Situations that may require an agent’s advice

When choosing adequate coverage, there really is not a cookie cutter policy. Every situation is different.

Here are some questions about coverages that may help you determine whether or not you would benefit from an agent’s advice.

• Is upholstery damage covered by car insurance?
• What exactly is covered by my policy?
• Is pleasure use cheaper than using my 1998 Acura SLX to commute?
• What if I owe more than I can insure my car for?
• Should I put collision coverage on all my vehicles?
• What companies insure drivers after a DUI or DWI?
• How much underlying liability do I need for an umbrella policy?
• Does coverage extend to a rental car in a foreign country?
• Do I have coverage if my license is suspended?

If you’re not sure about those questions, you may need to chat with a licensed agent. To find an agent in your area, fill out this quick form.

Slick advertising tricks that work

Insurance coverage providers like Progressive, Geico, Allstate and State Farm seem to constantly run television and radio advertisements. All the companies seem to make the promise that you’ll save big if you get a free insurance quote and switch your coverage to them. How does each company give you a better price? You have to listen carefully.

Companies require specific criteria for the driver that earns them the highest profit. For instance, a profitable risk profile might have to be married and over the age of 30, has a clean driving record, and drives a car with an anti-theft system. Any customer that meets those criteria receives the best car insurance rates and will save when switching.

People who cannot meet the “perfect” profile will be charged a higher rate and this results in the driver buying from a lower-cost company. If you listen to the ad wording, they say “drivers who switch” but not “everyone who gets a quote” can save as much as they claim. That’s why companies can lure you into getting a quote. This illustrates why you really should do a price quote comparison at every renewal. It is impossible to predict which company will have the best rates at this point in time.

Auto insurance coverage information

Knowing the specifics of your policy helps when choosing appropriate coverage at the best deductibles and correct limits. The terms used in a policy can be difficult to understand and even agents have difficulty translating policy wording.

Liability car insurance – This coverage protects you from damage or injury you incur to other’s property or people in an accident. This coverage protects you from claims by other people, and doesn’t cover 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 commonly see liability limits of 100/300/100 that means you have $100,000 bodily injury coverage, $300,000 for the entire accident, and $100,000 of coverage for damaged propery.

Liability can pay for claims such as legal defense fees, medical services and pain and suffering. The amount of liability coverage you purchase is your choice, but it’s cheap coverage so purchase as much as you can afford.

UM/UIM Coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other motorists when they are uninsured or don’t have enough coverage. It can pay for medical payments for you and your occupants and damage to your Acura SLX.

Due to the fact that many drivers have only the minimum liability required by law, their limits can quickly be used up. So UM/UIM coverage is very important.

Comprehensive or Other Than Collision – This will pay to fix damage from a wide range of events other than collision. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things like damage from flooding, hitting a deer, a tree branch falling on your vehicle, hitting a bird and a broken windshield. The most 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 consider dropping full coverage.

Medical costs insurance – Medical payments and Personal Injury Protection insurance reimburse you for expenses like hospital visits, funeral costs, chiropractic care and ambulance fees. They are used to cover expenses not covered by your health insurance plan or if there is no health insurance coverage. They cover all vehicle occupants in addition to any family member struck as a pedestrian. Personal Injury Protection is not an option in every state and gives slightly broader coverage than med pay

Collision coverage – Collision coverage pays to fix your vehicle from damage resulting from a collision with another car or object. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage protects against claims like backing into a parked car, crashing into a building, hitting a mailbox and damaging your car on a curb. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are older. It’s also possible to bump up the deductible to bring the cost down.

Make an honest buck

People who switch companies do it for a number of reasons such as unfair underwriting practices, questionable increases in premium, high rates after DUI convictions or even an unsatisfactory settlement offer. Regardless of your reason for switching companies, finding a new car insurance company is pretty easy and you might even save some money in the process.

When buying insurance coverage, do not buy lower coverage limits just to save a few bucks. There have been many situations where consumers will sacrifice liability limits or collision coverage and learned later that the few dollars in savings costed them thousands. The ultimate goal is to buy enough coverage for the lowest price, but don’t skip important coverages to save money.

Cheaper 1998 Acura SLX insurance can be found both online as well as from independent agents, so you need to quote insurance with both in order to have the best price selection to choose from. Some car insurance companies may not provide online price quotes and most of the time these small, regional companies provide coverage only through independent insurance agents.

Additional learning opportunities

• A Tree Fell on Your Car: Now What? (Allstate)
• Booster Seat Ratings (iihs.org)
• Teen Driving and Texting (State Farm)
• Liability Insurance Coverage (Nationwide)
• Frontal Crash Tests (iihs.org)
• No-Fault Auto Insurance Statistics (Insurance Information Insitute)