2001 Acura NSX Insurance Quotes – 10 Tricks for Cheapest Rates

Trying to find lower auto insurance rates for your Acura NSX? If you’re looking for cheaper insurance, are you overwhelmed by the sheer number of auto insurance providers available to you? consumers have so many providers available that it can easily turn into hard work to find the best prices.

Use discounts on insurance coverage

Some companies don’t always advertise every policy discount in an easy-to-find place, so below is a list a few of the more common and the more hidden ways to save on insurance coverage. If you don’t get every credit possible, you’re just leaving money on the table.

• Cautious Drivers – Insureds without accidents could pay up to 40% less for NSX coverage compared to accident prone drivers.
• Waiver for an Accident – Not necessarily a discount, but companies like Progressive and Allstate permit an accident before hitting you with a surcharge if you have no claims for a certain period of time.
• Passive Restraints and Air Bags – Cars that have air bags can receive discounts of up to 25% or more.
• Theft Prevention Discount – Cars and trucks optioned with advanced anti-theft systems have a lower chance of being stolen and qualify for as much as a 10% discount.
• Multiple Policy Discount – If you combine your homeowners and auto policies and insure them both with the same insurance company you could get a discount of as much as 10 to 15 percent.
• Distant College Student Discount – College-age children who live away from home to go to college without a vehicle on campus can be insured at a reduced rate.
• Senior Citizens – If you qualify as a senior citizen, you can possibly qualify for a small discount on rates for NSX coverage.
• Drive Less and Save – Low mileage vehicles can earn better insurance coveragerates on cars that stay parked.
• Telematics Data – Drivers that enable their insurance company to scrutinize driving manner by installing a telematics device such as Allstate’s Drivewise and State Farm’s In-Drive system may get a rate reduction if they exhibit good driving behavior.
• Discount for Life Insurance – Not every insurance company offers life insurance, but if they do you may earn a discounted insurance coverage rate on car insurance if you buy some life insurance in addition to your auto policy.

Don’t be shocked that some credits don’t apply to the overall cost of the policy. Some only reduce individual premiums such as liability, collision or medical payments. So despite the fact that it appears it’s possible to get free car insurance, companies don’t profit that way. Any qualifying discounts will lower the amount you have to pay.

The best insurance coverage companies and some of the premium reductions they offer are:

• Farm Bureau has discounts for multi-policy, safe driver, renewal discount, multi-vehicle, 55 and retired, driver training, and good student.
• MetLife includes discounts for claim-free, good student, defensive driver, good driver, multi-policy, accident-free
• Progressive discounts include multi-policy, continuous coverage, multi-vehicle, homeowner, online quote discount, and online signing.
• AAA has savings for pay-in-full, AAA membership discount, education and occupation, good driver, multi-policy, and good student.
• American Family may offer discounts for mySafetyValet, early bird, multi-vehicle, accident-free, and good driver.
• Geico offers discounts for driver training, seat belt use, good student, anti-theft, and multi-vehicle.
• State Farm may have discounts that include safe vehicle, anti-theft, good driver, good student, and passive restraint.

Double check with every prospective company which discounts you qualify for. All car insurance discounts may not be available in your area. To see insurance coverage companies with discount rates, click this link.

How to compare car insurance quotes

Comparing car insurance rates can be a lot of work if you aren’t aware of the most efficient way to do it. You could spend your day talking about coverages with local insurance agents in your area, or you could save time and use the web to get the quickest rates.

Most major companies participate in an industry program where prospective buyers only type in their quote data once, and every company can give them a price based on the submitted data. This eliminates the need for quote forms for every car insurance company.

To get comparison pricing now click here (opens in new window).

The only drawback to using this type of system is you cannot specify which companies you want to price. If you prefer to choose individual companies for rate comparison, we have assembled a list of the cheapest car insurance companies in your area. Click here to view list.

The approach you take is up to you, just compare nearly identical coverage limits and deductibles on every price quote you get. If you use different deductibles it’s impossible to make a fair rate comparison. Having just a slight variation in insurance coverages could throw off the whole comparison. Just remember that obtaining a wide range of quotes helps increase your odds of locating more affordable rates. Some companies don’t provide online quotes, so it’s necessary to compare price estimates from them as well.

Tailor your car insurance coverage to you

When it comes to buying the right insurance coverage, there really is no best way to insure your cars. Each situation is unique.

Here are some questions about coverages that can aid in determining if your insurance needs might need professional guidance.

• Does having multiple vehicles earn me a discount?
• How high should my medical payments coverage be?
• How much liability do I need to cover my assets?
• Are my friends covered when driving my car?
• Should I waive the damage coverage when renting a car?
• Is my teen driver covered when they drive my company car?
• Is motorclub coverage worth it?
• Can I afford low physical damage deductibles?

If you’re not sure about those questions but you think they might apply to your situation then you might want to talk to an agent. If you want to speak to an agent in your area, complete this form.

Educate yourself about insurance coverages

Learning about specific coverages of insurance helps when choosing which coverages you need and proper limits and deductibles. Insurance terms can be confusing and nobody wants to actually read their policy.

Coverage for uninsured or underinsured drivers

This coverage protects you and your vehicle from other drivers when they are uninsured or don’t have enough coverage. Covered claims include injuries to you and your family as well as your vehicle’s damage.

Since many drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is a good idea. Usually the UM/UIM limits do not exceed the liability coverage limits.

Coverage for medical expenses

Coverage for medical payments and/or PIP pay for short-term medical expenses for things like nursing services, X-ray expenses, hospital visits, prosthetic devices and dental work. They are used to cover expenses not covered by your health insurance policy or if you do not have health coverage. They cover you and your occupants as well as getting struck while a pedestrian. PIP is not available in all states and gives slightly broader coverage than med pay

Liability car insurance

Liability coverage can cover damages or injuries you inflict on people or other property that is your fault. Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You might see liability limits of 25/50/25 that translate to a limit of $25,000 per injured person, $50,000 for the entire accident, and property damage coverage for $25,000. Another option is a combined limit which provides one coverage limit rather than limiting it on a per person basis.

Liability coverage pays for claims like bail bonds, legal defense fees, pain and suffering, attorney fees and medical expenses. How much coverage you buy is your choice, but it’s cheap coverage so purchase as high a limit as you can afford.

Comprehensive insurance

This coverage covers damage that is not covered by collision coverage. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for claims like damage from flooding, damage from getting keyed and fire damage. The maximum payout you can receive from a comprehensive claim is the actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

Auto collision coverage

Collision coverage pays to fix your vehicle from damage resulting from colliding with another car or object. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage protects against things such as scraping a guard rail, hitting a parking meter, sustaining damage from a pot hole, crashing into a building and damaging your car on a curb. Collision is rather expensive coverage, so consider dropping it from lower value vehicles. You can also increase the deductible to bring the cost down.

Shop Smart and Save

You just learned a lot of techniques to lower your 2001 Acura NSX insurance rates. The key thing to remember is the more rate comparisons you have, the higher the chance of saving money. You may even find the biggest savings come from an unexpected company.

Cost effective 2001 Acura NSX insurance can be purchased from both online companies and with local insurance agents, and you should be comparing both to have the best chance of lowering rates. A few companies may not offer the ability to get a quote online and most of the time these regional carriers only sell through independent agencies.

Drivers who switch companies do it for many reasons like an unsatisfactory settlement offer, delays in responding to claim requests, poor customer service or even not issuing a premium refund. Whatever your reason, finding a new car insurance company is not as hard as you think.

Additional learning opportunities

• Determing Auto Insurance Rates (Geico)
• Vehicle Insurance in the U.S. (Wikipedia)
• Prepare your Teens for Safe Driving (InsureUonline.org)
• What is a Telematics Device? (Allstate)