How Much Does 2003 Acura CL Insurance Cost?

Consumers have a choice when looking for the best price on Acura CL insurance. They can either spend hours contacting agents getting price quotes or use the internet to make rate comparisons. There are more efficient ways to shop for car insurance so you’re going to learn the quickest way to price shop coverage for a new or used Acura and find the lowest price from both online companies and local agents.

You need to check car insurance prices once or twice a year because car insurance prices fluctuate regularly. If you had the best rates for CL coverage on your last policy you can probably find a better rate quote now. Forget all the misinformation about car insurance because I’m going to let you in on the secrets to the proper way to reduce your cost while improving coverage.

Choosing the best insurance company for you is not that difficult. If you currently have car insurance, you will most likely be able to cut costs considerably using this strategy. Consumers just need to know the most effective way to compare company rates over the internet.

Discounts for cheap insurance rates

Some insurers don’t always list all their discounts very clearly, so the list below gives a summary of some of the best known and also the lesser-known credits available to lower your premiums when you buy insurance coverage online. If you don’t get every credit available, you’re paying more than you need to.

• Active Service Discounts – Having a family member in the military could mean lower rates.
• Seat Belt Discounts – Drivers who require all occupants to buckle up could save 15% on the premium charged for medical payments and/or PIP.
• Bundle and Save – If you can combine your homeowners and auto policy with one insurance company they may give you a discount of at least 10 to 15 percent or more.
• Anti-lock Brakes – Cars that have anti-lock braking systems can avoid accidents and the ABS can save up to 10%.
• No Claims – Insureds with no claims or accidents pay much less when compared to accident-prone drivers.
• One Accident Forgiven – This one isn’t a discount, but a few companies such as Liberty Mutual, Allstate and State Farm will allow you to have one accident without getting socked with a rate hike so long as you haven’t had any claims prior to the accident.
• Homeowners Discount – Owning your own home or condo can save a few bucks because maintaining a house is proof of financial responsibility.
• Pay Early and Save – By making one initial payment rather than paying in monthly installments you may reduce your total bill.
• Discounts for Responsible Drivers – Accident-free drivers may save up to 50% more for CL coverage than their less cautious counterparts.

Remember that some credits don’t apply the the whole policy. Most cut the price of certain insurance coverages like medical payments or collision. Just because it seems like you would end up receiving a 100% discount, you’re out of luck. Any qualifying discounts should help reduce your insurance premiums.

A partial list of companies that may offer policyholders some of the discounts shown above include:

• Travelers
• 21st Century
• State Farm
• Geico
• SAFECO
• AAA

Double check with each company what discounts are available to you. Discounts might not be available to policyholders in your state. For a list of insurers who offer discounts, follow this link.

The cheapest car insurance

Most of the larger companies provide coverage price quotes from their websites. Getting prices online is possible for anyone as you just type in your coverage preferences into a form. Once entered, their quoting system gets your driving and credit reports and quotes a price based on many factors.

This streamlines rate comparisons, but the time it takes to visit a lot of sites and type in the same data can get tiresome after awhile. Unfortunately, it is important to perform this step if you want to get better car insurance pricing.

A more efficient way to lower your rates makes use of a single form that obtains quotes from many companies. It’s a real time-saver, reduces the work, and makes price shopping online much more enjoyable. After sending the form, it gets priced with multiple companies and you can pick any of the quotes returned. If a lower price is quoted, you can simply submit the application and buy the policy. This process just takes a couple of minutes and can result in significant savings.

If you want to find out if lower rates are available, click here to open in a new tab and submit your coverage information. If you have your current policy handy, we recommend that you enter deductibles and limits as shown on your current policy. Doing this guarantees you will receive comparison quotes using the same coverage and limits.

The Acura CL insurance rate equation

One of the most helpful ways to save on insurance is to to have a grasp of some of the factors that are used to determine the price you pay for insurance. If you have a feel for what positively or negatively impacts your premiums, this allows you to make good choices that will entitle you to cheaper rates.

Shown below are a few of the “ingredients” insurance companies consider when setting prices.

• What’s your car’s crash test rating? – Vehicles with high crash test scores cost less to insure. Vehicles built for safety reduce injuries and any reduction in injury severity translates into savings for insurance companies which can result in lower premiums. If your Acura CL scored better than an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website it may cost less to insure.
• Teen driver insurance premiums – Youthful drivers are statistically shown to be easily distracted in a vehicle and because of this, their insurance rates are much higher. If you’ve ever had to add a young driver onto a policy can increase premiums substantially. Older drivers are shown to be more cautious, tend to file fewer claims , and usually have better credit.
• Increase coverage deductibles to save – Physical damage deductibles are the amount of money you are willing to pay out-of-pocket in the event of a claim. Protection for physical damage, also known as collision and other-than-collision, insures against damage to your car. Examples of some claims that would be covered could be rearending another vehicle, damage from fire, and damage caused by road hazards. The larger the amount you are required to pay out-of-pocket, the lower your rates will be for CL coverage.
• Drivers with responsible credit save on insurance – A driver’s credit rating can be a huge factor in determining what you pay for insurance. People with excellent credit scores tend to be better risks to insure than drivers who have poor credit scores. If your credit score could use some work, you could be paying less to insure your 2003 Acura CL by improving your rating.
• File insurance claims and pay more – Insurance companies give better rates to drivers who file claims infrequently. If you are a frequent claim filer, you can expect higher premiums or even policy non-renewal. Your car insurance is intended for the bigger claims that can’t be paid out-of-pocket.
• Battle of the sexes – Statistics have proven that females take fewer risks when driving. This data doesn’t prove that males are worse at driving than females. Both genders cause accidents in similar percentages, but the men tend to have higher claims. They also receive more major tickets such as driving while intoxicated (DWI) or driving recklessly.

You may need specialized insurance coverage coverage

When buying coverage for your personal vehicles, there is no “best” method to buy coverage. Everyone’s situation is unique.

For example, these questions could help you determine if your insurance needs may require specific advice.

• Do I need PIP (personal injury protection) coverage in my state?
• Does my car insurance cover rental cars?
• How can I force my company to pay a claim?
• How do I file an SR-22 for a DUI in my state?
• Does my personal policy cover me when driving out-of-state?
• What if I owe more than I can insure my car for?
• What vehicles should carry emergency assistance coverage?
• What are the financial responsibility laws in my state?
• Can I still get insurance after a DUI?

If you don’t know the answers to these questions, then you may want to think about talking to a licensed agent. If you don’t have a local agent, take a second and complete this form. It is quick, free and you can get the answers you need.

Well known brands might not be cheapest

Consumers constantly see and hear ads for cheaper insurance from companies such as Allstate, Geico and Progressive. They all make the point that you’ll save big just by switching your insurance policy to them.

How does every insurance company make almost identical claims? It’s all in the numbers.

Companies require specific criteria for the driver that will add to their bottom line. For instance, a profitable customer might be over the age of 35, owns their home, and drives less than 10,000 miles a year. A customer who fits that profile will qualify for the lowest premium rates and most likely will save a lot if they switch.

People who do not meet these standards will see a higher rate which leads to the customer buying from a different company. If you listen closely, the ads state “drivers that switch” but not “everyone who gets a quote” save that much money. That’s why companies can state the savings. This really drives home the point why it’s extremely important to do a rate comparison at every renewal. It’s just too difficult to predict with any certainty which company will have the lowest car insurance rates for your situation.

Auto insurance 101

Learning about specific coverages of a car insurance policy can help you determine the right coverages and proper limits and deductibles. The coverage terms in a policy can be difficult to understand and coverage can change by endorsement.

Auto liability

Liability coverage protects you from injuries or damage you cause to people or other property by causing an accident. It protects you against claims from other people. Liability doesn’t cover damage sustained by your vehicle in an accident.

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. Your policy might show policy limits of 100/300/100 that means you have a $100,000 limit per person for injuries, a per accident bodily injury limit of $300,000, and property damage coverage for $100,000.

Liability coverage protects against claims like loss of income, pain and suffering, structural damage and funeral expenses. How much liability coverage do you need? That is a decision to put some thought into, but consider buying as large an amount as possible.

UM/UIM Coverage

This protects you and your vehicle’s occupants when the “other guys” either have no liability insurance or not enough. Covered claims include injuries to you and your family as well as your vehicle’s damage.

Due to the fact that many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.

Auto collision coverage

Collision insurance covers damage to your CL from colliding with another vehicle or an object, but not an animal. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against things such as hitting a parking meter, scraping a guard rail and driving through your garage door. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are older. You can also raise the deductible to bring the cost down.

Comprehensive or Other Than Collision

Comprehensive insurance coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims such as hitting a deer, hitting a bird, vandalism and fire damage. The maximum payout you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle is not worth much consider dropping full coverage.

Medical costs insurance

Coverage for medical payments and/or PIP provide coverage for short-term medical expenses for things like dental work, surgery and chiropractic care. They can be used in conjunction with a health insurance program or if you lack health insurance entirely. They cover you and your occupants and will also cover being hit by a car walking across the street. Personal injury protection coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Power to the consumer

People change insurance companies for a variety of reasons including policy non-renewal, lack of trust in their agent, policy cancellation or even high prices. Regardless of your reason, switching companies is pretty easy and you might even save some money in the process.

When buying insurance coverage, make sure you don’t sacrifice coverage to reduce premiums. In many instances, someone sacrificed liability coverage limits only to discover later that their decision to reduce coverage ended up costing them more. The proper strategy is to purchase a proper amount of coverage at a price you can afford, but do not skimp to save money.

You just read some good ideas how you can save on 2003 Acura CL insurance. It’s most important to understand that the more quotes you get, the higher the chance of saving money. You may even discover the best premium rates are with a lesser-known regional company.

More tips and info about insurance coverage is located in these articles:

• What Does No-Fault Insurance Cover? (Allstate)
• Should I Purchase an Umbrella Liability Policy? (Insurance Information Insitute)
• Teen Driver Statistics (Insurance Information Insitute)
• Drunk Driving Statistics (Insurance Information Insitute)
• All About Airbag Safety (State Farm)