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.
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.
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:
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.
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.
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.
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.
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.
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 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 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.
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.
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.
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.
Hope my rates come down. Went with State Farm for my NSX and am saving around $70 a year. I used their website to get prices.
I live in Idaho Falls, ID. Quoted prices from Progressive, The General, and Encompass for my NSX and I think I am saving around $30 each month.
Cheapest quote for my 2001 Acura NSX was with Encompass. I’m thinking about dropping full coverage though.
I found pretty cheap rate quotes for a 2001 Acura NSX in Tampa, FL. Ended up at darn near $80 every six months with Amica. Was with Auto-Owners. I’m a pretty good driver though. :P
I chose to switch to Progressive from American Family. I live in Raleigh, NC. Was with Progressive. I have several vehicles insured with them. Still almost need a second mortgage.
I got a good deal I think. I’m from Tampa, FL. I don’t recall every quote but I ended up saving about $20 each month.
Here’s what I found out. I’m in the west part of Aurora, Illinois. Checked online prices for a 2001 Acura NSX. Ended up at about $110 savings annually. Went with GEICO. Good savings if you bundle. Not sure if rates are cheaper online or through an agent. I’m thinking about dropping full coverage though.
Live in Augusta, Georgia. Quoted prices from 21st Century, AIG Insurance, and some I forget for my 2001 Acura NSX and saved just over $100 a year. Left Amica to switch. They offer free online rate quotes. I don’t have comp or collision coverage.
Checking in from Greensboro, North Carolina. I got free rates from Nationwide, Farmers, Progressive, and Amica for my NSX and I think I saved around $20 each month. I’m a pretty low risk driver.
I’m just west of Fairbanks, AK. Quoted with Allstate, Amica, and Encompass for my NSX and I’m now saving $16 a month. I increased coverages a little too. They have free quotes online. When should I drop full coverage?
I’m in Wichita, KS. Quoted rates from AIG Insurance, Safeco, and a few others for my NSX and I think I saved around $20 each month. Insured with USAA before. Book value doesn’t justify full coverage anymore.
Like your site, BTW. I live just outside Augusta, GA. Can’t remember who all I quoted but I ended up saving about $20 each month. Thankfully I have a good driving record. I only have liability coverage on it.