Feel like you’re a prisoner to overpriced insurance? You’re in good company because you’re not the only one. Due to the large number of insurance companies to choose from, it is hard for the average consumer to find the cheapest company.
Comparing car insurance rates can be a lot of work if you aren’t aware of the most efficient way. You could waste a few hours talking to local insurance agents in your area, or you can utilize online quotes to achieve your goal.
Most car insurance companies are enrolled in a marketplace where insurance shoppers send in one quote, and each company provides a quote based on that information. This eliminates the need for quote requests to each individual car insurance company.
To compare rates now click here to start a free quote.
The single downside to doing it this way is that consumers can’t choose the insurers to get pricing from. So if you want to select specific insurance companies to request quotes from, we have a page of the cheapest car insurance companies in your area. Click to view list.
Compare rates however you want, just try to use nearly identical quote data for each comparison quote. If you have different liability limits you will not be able to find the best deal for your Acura MDX.
Car insurance is easily one of your largest bills, but you may find discounts that could help you make your next renewal payment. Certain discounts will be applied at quote time, but once in a while a discount must be specially asked for prior to getting the savings.
One last thing about discounts, some credits don’t apply to the entire cost. A few only apply to the price of certain insurance coverages like liability, collision or medical payments. Even though the math looks like you could get a free car insurance policy, companies don’t profit that way.
A few of the larger companies and some of their more popular discounts are outlined below.
Before you buy a policy, ask each company or agent the best way to save money. Some credits might not be offered on policies in your area. To locate providers that provide some of the discounts listed above, click this link.
When buying adequate coverage for your personal vehicles, there isn’t really a “perfect” insurance plan. Every insured’s situation is different so your insurance needs to address that. For example, these questions can aid in determining if your situation would benefit from an agent’s advice.
If you’re not sure about those questions but you know they apply to you then you might want to talk to an insurance agent. If you don’t have a local agent, complete this form or go to this page to view a list of companies. It only takes a few minutes and can provide invaluable advice.
Having a good grasp of a insurance policy aids in choosing the best coverages and the correct deductibles and limits. Policy terminology can be ambiguous and even agents have difficulty translating policy wording. Shown next are typical coverage types available from insurance companies.
Protection from uninsured/underinsured drivers – Uninsured or Underinsured Motorist coverage provides protection when the “other guys” are uninsured or don’t have enough coverage. Covered claims include hospital bills for your injuries and also any damage incurred to your Acura MDX.
Since many drivers carry very low liability coverage limits, their limits can quickly be used up. This is the reason having UM/UIM coverage is very important. Normally the UM/UIM limits are similar to your liability insurance amounts.
Medical expense insurance – Personal Injury Protection (PIP) and medical payments coverage reimburse you for short-term medical expenses such as doctor visits, EMT expenses and pain medications. They are used to fill the gap from your health insurance policy or if there is no health insurance coverage. Coverage applies to all vehicle occupants in addition to being hit by a car walking across the street. PIP coverage is only offered in select states but can be used in place of medical payments coverage
Liability auto insurance – Liability insurance can cover damage that occurs to people or other property that is your fault. Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see policy limits of 50/100/50 that translate to $50,000 in coverage for each person’s injuries, a per accident bodily injury limit of $100,000, and a limit of $50,000 paid for damaged property. Another option is a combined limit which limits claims to one amount without having the split limit caps.
Liability insurance covers things like court costs, repair bills for other people’s vehicles and medical expenses. How much liability should you purchase? That is your choice, but buy as much as you can afford.
Collision coverage – This coverage pays to fix your vehicle from damage caused by collision with another car or object. A deductible applies then the remaining damage will be paid by your insurance company.
Collision coverage pays for things like sideswiping another vehicle, scraping a guard rail, rolling your car and hitting a mailbox. This coverage can be expensive, so you might think about dropping it from vehicles that are older. Drivers also have the option to bump up the deductible in order to get cheaper collision rates.
Comprehensive (Other than Collision) – This will pay to fix damage that is not covered by collision coverage. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive insurance covers things like damage from a tornado or hurricane, fire damage, a tree branch falling on your vehicle, falling objects and hitting a bird. The maximum amount your insurance company will pay is the actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.
When trying to cut insurance costs, don’t be tempted to reduce needed coverages to save money. There are many occasions where consumers will sacrifice comprehensive coverage or liability limits only to discover later that the savings was not a smart move. Your goal should be to buy a smart amount of coverage at the best price, not the least amount of coverage.
Cheaper 2004 Acura MDX insurance is possible from both online companies and with local insurance agents, so you need to shop car insurance with both in order to have the best chance of saving money. Some insurance companies do not provide rate quotes online and usually these regional carriers only sell through independent agents.
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