2003 Acura RL Insurance Quotes – 6 Ideas for Cheaper Rates

Feel like you have high-priced insurance coverage? You’re preaching to the choir because there are a lot of people just like you who feel imprisoned by their insurance coverage policy.

Multiple auto insurance companies compete to insure your vehicles, and because of this it can be hard to compare auto insurance companies to get the best price available.

You need to quote other rates before your next renewal due to the fact that insurance prices change quite often. Even if you got the best price for RL coverage two years ago you may be paying too much now. There is a lot of bad advice regarding insurance coverage on the web, but in this article, you’re going to get some solid techniques on how to lower your insurance coverage rates.

If you are paying for car insurance now, you will be able to reduce your rates substantially using these methods. Choosing the best insurance company for you is not rocket science. But consumers need to have an understanding of how the larger insurance companies sell online and use this information to your advantage.

Car insurance policy discounts

Companies that sell car insurance don’t always list every discount very well, so the list below details some of the more common as well as the least known discounts you could be receiving when you buy insurance online.

• Anti-lock Brakes – Cars that have anti-lock braking systems can reduce accidents so companies give up to a 10% discount.
• Driver Training Discounts – Taking a class that teaches defensive driving techniques can save you 5% or more and also improve your driving technique.
• Senior Citizen Discount – If you qualify as a senior citizen, you can possibly qualify for a discount up to 10% for RL coverage.
• Responsible Drivers – Safe drivers can save up to 40% or more on their insurance quote for RL coverage compared to accident prone drivers.
• Driver’s Ed – Cut your cost by having your teen driver participate in a local driver’s education class in high school.
• Safety Restraint Discount – Drivers who require all vehicle occupants to wear their seat belts can save up to 10 percent (depending on the company) off the personal injury premium cost.

Drivers should understand that many deductions do not apply to your bottom line cost. Most only cut specific coverage prices like comp or med pay. So even though you would think it’s possible to get free car insurance, nobody gets a free ride. But all discounts will definitely lower the cost of coverage.

A few of the larger companies and some of the premium reductions they offer are shown below.

• State Farm has savings for multiple autos, anti-theft, defensive driving training, multiple policy, student away at school, and safe vehicle.
• Farmers Insurance offers discounts for early shopping, switch companies, bundle discounts, mature driver, youthful driver, multi-car, and electronic funds transfer.
• Progressive may include discounts for continuous coverage, online signing, multi-policy, good student, and online quote discount.
• Geico includes discounts for daytime running lights, defensive driver, emergency military deployment, anti-lock brakes, multi-policy, and military active duty.
• Auto-Owners Insurance may have discounts that include good student, safe vehicle, group or association, air bags, and safe driver.
• The Hartford policyholders can earn discounts including bundle, vehicle fuel type, defensive driver, air bag, and good student.
• Farm Bureau discounts include multi-policy, multi-vehicle, driver training, renewal discount, safe driver, good student, and youthful driver.
• USAA may offer discounts for vehicle storage, safe driver, new vehicle, defensive driver, and military installation.

When comparing rates, check with all companies you are considering the best way to save money. Discounts might not apply in your area.

Compare free car insurance price quotes

Comparing car insurance rates can be exhausting if you don’t understand the best way to get rate quotes. You could spend your day discussing policy coverages with local insurance agents in your area, or you can utilize online quotes to maximize your effort.

Many companies participate in an industry program that enables customers to enter their coverage request one time, and each company then gives them pricing based on that information. This eliminates the need for repetitive form submissions for each company.

To access this free quoting program, click here to open in new window.

One minor caviat to using this type of form is that consumers can’t choose which carriers to receive prices from. If you wish to select specific insurance companies to compare prices, we have assembled a list of companies who write car insurance in your area. Click here to view list.

Which method you use is up to you, but do your best to enter identical quote data with each company. If you have different data then you won’t be able to make a fair comparison for your Acura RL. Just slight variations in coverages may result in large price differences. It’s important to know that making a lot of price comparisons will enable you to find a lower rate.

How do I know if I need professional advice?

When it comes to choosing adequate coverage, there isn’t really a “perfect” insurance plan. Every insured’s situation is different and a cookie cutter policy won’t apply. For instance, these questions may help highlight whether or not you might need an agent’s assistance.

• Can my babysitter drive my car?
• Do I need PIP coverage since I have good health insurance?
• Why am I required to buy liability insurance?
• Do I have newly-aquired coverage?
• Is pleasure use cheaper than using my 2003 Acura RL to commute?
• Do I have any recourse if my insurance company denies a claim?
• Should I buy more coverage than the required minimum liability coverage?
• Do I need rental car coverage?
• Why am I required to buy high-risk coverage?

If you can’t answer these questions but you know they apply to you then you might want to talk to an agent. To find an agent in your area, take a second and complete this form or click here for a list of insurance coverage companies in your area.

Big brands don’t always mean big savings

Respected companies like State Farm, Allstate and Geico continually stream ads on television and other media. All the ads try to convey promises that people will save if you move your coverage. How does each company offer drivers better rates? Just pay attention to how they say it.

Many companies give the best rates for the driver that will add to their bottom line. One example of a profitable risk profile could possibly be a married male, has never had a claim, and drives a car with an anti-theft system. A propective insured who fits those characteristics is entitled to the best price as well as cut their rates if they switch.

Potential customers who do not fit those criteria may be required to pay a higher premium which leads to the driver buying from a lower-cost company. If you listen closely, the ads state “people that switch” not “all people who quote” can save as much as they claim. This is how companies can make claims that they all have the best prices. Different companies use different criteria so you absolutely need to get a wide range of price quotes. It’s just not possible to know with any certainty which company will provide the lowest premium rates.

Coverages available on your car insurance policy

Understanding the coverages of your policy can help you determine the right coverages for your vehicles. Policy terminology can be impossible to understand and reading a policy is terribly boring. Listed below are typical coverage types offered by car insurance companies.

Liability insurance

This coverage will cover damages or injuries you inflict on a person or their property. Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You commonly see limits of 100/300/100 which means a $100,000 limit per person for injuries, $300,000 for the entire accident, and $100,000 of coverage for damaged propery.

Liability coverage pays for claims like medical services, legal defense fees and funeral expenses. How much liability should you purchase? That is a decision to put some thought into, but buy as high a limit as you can afford.

Comprehensive auto coverage

Comprehensive insurance pays to fix your vehicle from damage OTHER than collision with another vehicle or object. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive can pay for things such as rock chips in glass, a broken windshield and hail damage. The highest amount a car insurance company will pay at claim time is the actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

Medical payments and PIP coverage

Coverage for medical payments and/or PIP kick in for expenses like nursing services, funeral costs and hospital visits. They are often used in conjunction with a health insurance policy or if you lack health insurance entirely. Medical payments and PIP cover not only the driver but also the vehicle occupants and also covers if you are hit as a while walking down the street. Personal Injury Protection is not available in all states and gives slightly broader coverage than med pay

Collision insurance

Collision coverage pays for damage to your RL caused by collision with another car or object. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims like hitting a mailbox, colliding with a tree and sustaining damage from a pot hole. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are 8 years or older. It’s also possible to increase the deductible to save money on collision insurance.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Your UM/UIM coverage provides protection when other motorists do not carry enough liability coverage. Covered losses include injuries to you and your family and also any damage incurred to your Acura RL.

Since many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages should not be overlooked.

Save your hard earned cash

Throughout this article, we presented many ideas to lower your 2003 Acura RL insurance rates. It’s most important to understand that the more rate comparisons you have, the higher the chance of saving money. You may be surprised to find that the biggest savings come from a small local company. Some small companies can often provide lower car insurance rates in certain areas as compared to the big name companies such as Allstate and Progressive.

Lower-priced 2003 Acura RL insurance is possible on the web as well as from insurance agents, and you should be comparing both to get a complete price analysis. Some insurance providers may not provide online quoting and these smaller providers work with local independent agencies.

Helpful learning opportunities

• No-Fault Auto Insurance Statistics (Insurance Information Insitute)
• What is a Telematics Device? (Allstate)
• Booster Seat Ratings (iihs.org)
• Understanding Your Insurance Deductible (Insurance Information Insitute)