2004 Acura NSX Car Insurance Rates – 9 Tips for Cheaper Quotes

Want lower insurance rates for your Acura NSX? Trying to find low-cost insurance for an Acura NSX can normally be a lot of work, but you can learn these tips and make it easy. There are both good and bad ways to find insurance online and you need to know the best way to compare rates for a Acura and get the lowest price either online or from local insurance agents.

Finding the best rates is quite easy. If you have a current insurance coverage policy or need a new policy, you will benefit by learning to reduce the price you pay while maximizing coverage. Drivers just need to understand the best way to compare price quotes online.

More discounts mean lower-cost premiums

Some companies don’t always advertise every available discount in a way that’s easy to find, so we researched a few of the more well known in addition to some of the lesser obvious discounts that may be available.

  • Discount for Multiple Policies – If you combine your home and auto policies and insure them with the same company you may save 10% to 20% off each policy.
  • Defensive Driver Discount – Taking time to complete a driver safety course could earn you a small percentage discount and also improve your driving technique.
  • Resident Student – Kids who attend college more than 100 miles from home and do not have access to a covered vehicle could qualify for this discount.
  • Multi-Vehicle Discounts – Buying coverage for primary and secondary vehicles on the same insurance policy qualifies for this discount.
  • E-sign Discounts</strong – A few insurance companies may give you up to $50 simply for signing on your computer.
  • Onboard Data Collection – Drivers that enable their company to spy on where and when they drive by using a small device installed in their vehicle such as In-Drive from State Farm or Allstate’s Drivewise system may see discounts if they have good driving habits.
  • Use Seat Belts – Requiring all passengers to buckle their seat belts could cut 10% or more off PIP or medical payments premium.
  • Theft Prevention System – Anti-theft and alarm system equipped vehicles have a lower chance of being stolen and will qualify for a discount on a insurance coverage quote.
  • Payment Discounts – By paying your policy upfront rather than paying in monthly installments you may reduce your total bill.

As is typical with insurance, many deductions do not apply to the entire policy premium. A few only apply to the cost of specific coverages such as liability and collision coverage. Even though it appears all the discounts add up to a free policy, it doesn’t quite work that way.

Companies and their possible discounts are included below.

  • American Family may have discounts that include accident-free, bundled insurance, good student, early bird, good driver, and air bags.
  • Farm Bureau offers discounts for multi-vehicle, 55 and retired, good student, driver training, safe driver, and multi-policy.
  • State Farm discounts include safe vehicle, student away at school, multiple autos, Steer Clear safe driver discount, good student, driver’s education, and accident-free.
  • Travelers has savings for new car, early quote, payment discounts, home ownership, and multi-policy.
  • The Hartford may offer discounts for air bag, driver training, anti-theft, vehicle fuel type, and bundle.
  • Geico includes discounts for anti-theft, defensive driver, good student, seat belt use, and anti-lock brakes.
  • Progressive offers premium reductions for online quote discount, good student, multi-policy, online signing, continuous coverage, and homeowner.

When quoting, ask each company or agent how you can save money. Some discounts listed above may not be offered in your state.

It’s not one size fits all

When choosing proper insurance coverage, there is no cookie cutter policy. Coverage needs to be tailored to your specific needs.

For instance, these questions could help you determine if you would benefit from professional advice.

  • What can I do if my company denied a claim?
  • Should I have a commercial auto policy?
  • What is the rate difference between pleasure use and commuting?
  • How much can I save by bundling my policies?
  • I have health insurance so do I need medical payments coverage?
  • What is high-risk coverage and where do I buy it?
  • Do I need rental car coverage?
  • Do I have newly-aquired coverage?
  • If I drive on a suspended license am I covered?

If it’s difficult to answer those questions but one or more may apply to you, you may need to chat with a licensed insurance agent. To find lower rates from a local agent, simply complete this short form. It’s fast, doesn’t cost anything and may give you better protection.

Auto insurance companies are expert advertisers

Consumers get pounded daily by advertisements for auto insurance savings from companies such as Geico, State Farm and Progressive. All the companies make the point that people will save just by moving your policy.

How is it plausible that every one can charge you a lower premium? It’s all in the wording.

Insurance providers require specific criteria for the type of insured that will generate a profit. For instance, a driver they prefer could possibly be between the ages of 30 and 50, carries full coverage, and drives a vehicle with a low ISO rating. A driver that fits those parameters gets the lowest premium rates as well as pay quite a bit less when switching companies.

Drivers who are not a match for the requirements will get a higher rate and the customer not purchasing. If you listen closely, the ads state “drivers who switch” not “all people who quote” save the amount stated. This is how insurance companies can make those claims. Because of the profiling, you absolutely need to compare many company’s car insurance rates. It’s impossible to know which company will fit you best based on your risk profile.

Specific coverage details

Having a good grasp of your auto insurance policy helps when choosing which coverages you need at the best deductibles and correct limits. The terms used in a policy can be ambiguous and nobody wants to actually read their policy.

Comprehensive coverages

This coverage covers damage that is not covered by collision coverage. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against claims such as hail damage, hitting a deer, damage from flooding, vandalism and falling objects. The maximum amount a auto insurance company will pay at claim time is the ACV or actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Coverage for medical payments

Personal Injury Protection (PIP) and medical payments coverage kick in for bills such as funeral costs, surgery, dental work and pain medications. The coverages can be used to cover expenses not covered by your health insurance plan or if you lack health insurance entirely. Medical payments and PIP cover all vehicle occupants as well as being hit by a car walking across the street. Personal injury protection coverage is only offered in select states and may carry a deductible

Collision coverage

This pays for damage to your NSX resulting from colliding with another vehicle or an object, but not an animal. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage protects against things like scraping a guard rail, colliding with another moving vehicle, crashing into a building and backing into a parked car. This coverage can be expensive, so you might think about dropping it from older vehicles. Another option is to raise the deductible to bring the cost down.

Uninsured and underinsured coverage

This coverage gives you protection from other drivers when they either have no liability insurance or not enough. It can pay for hospital bills for your injuries as well as damage to your Acura NSX.

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. So UM/UIM coverage is important protection for you and your family.

Liability coverages

Liability coverage provides protection from injuries or damage you cause to other people or property that is your fault. Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show values 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 property damage coverage for $50,000.

Liability coverage protects against claims like legal defense fees, bail bonds and repair costs for stationary objects. How much coverage you buy is a decision to put some thought into, but buy as large an amount as possible.

Be a penny pincher

Drivers leave their current company for any number of reasons including an unsatisfactory settlement offer, delays in responding to claim requests, high rates after DUI convictions or even lack of trust in their agent. Whatever your reason, choosing a new insurance company is actually quite simple.

We just presented many tips how you can get a better price on 2004 Acura NSX insurance. The key thing to remember is the more times you quote, the higher your chance of finding the cheapest insurance coverage. You may even find the most savings is with a smaller regional carrier.

As you go through the steps to switch your coverage, make sure you don’t buy less coverage just to save a little money. There have been many situations where someone sacrificed uninsured motorist or liability limits only to regret at claim time they didn’t purchase enough coverage. Your objective should be to find the BEST coverage at the best price, but do not sacrifice coverage to save money.

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Comments About 2004 Acura NSX Insurance

  1. Williams Conley

    Nice post. I’m in the east part of Salt Lake City, Utah. Quoted with AIG Insurance, Nationwide, and a few others for my Acura and I think I saved about $30 each month. It’s only liability tho.

  2. Yun Hendricks

    It all costs too much. Located in Rochester, NY. Quoted quotes from Allstate, Amica, and some I forget for my NSX and saved just over $100 a year.

  3. Franklyn Mosley

    Any companies in Rio Rancho, NM that will insure a DUI?

  4. Quinn Olson

    In Jackson, MS, Amica had the best rates for my 2004 Acura NSX. Was with American Family. I have several vehicles insured with them. I dropped full coverage awhile back.

  5. Keely Foster

    If you have a good history and are close to Columbia, SC, check out Progressive. They seem to be cheaper. Online quotes are the way to go. Full coverage costs too much.

  6. Carol Jones

    Where is cheaper car insurance? Live in Nashua, NH. I quoted with USAA, Amica, Hanover, and MetLife for my 2004 Acura NSX and saved just over $110 a year. Ask about discounts. It’s still not cheap enough. Just liability coverage since it’s getting old.

  7. Eugenio Dickson

    Does Allstate offer multi-policy discounts?

  8. Maia Oneal

    If you’re from Eugene, Oregon get quotes from Allstate and GEICO and you might save.

  9. Peggy Mclaughlin

    I’m in San Diego, CA. Quoted with Nationwide, Encompass, 21st Century, and AIG Insurance for my 2004 Acura NSX and saved about $70 a year. I have kids on my policy, too.

  10. Ma Gilbert

    Does Allstate settle claims fairly?

  11. Hang Cervantes

    I’m just north of Tucson, Arizona. Went online for free insurance quotes for a 2004 Acura NSX. Ended up at about $70 savings annually. Went with GEICO.

  12. Millicent Baldwin

    Does State Farm offer multi-policy discounts?

  13. Rosamond Franco

    Cheapest quote for my 2004 Acura NSX was with Farmers. Have a couple speeding tickets too. Can still barely afford it. Not worth enough to pay for comprehensive and collision.

  14. Eliana Mcfadden

    Checking in from Pittsburgh, PA. Compared quite a few companies. Saved right around $20 a month. GEICO was the best choice for me. Good savings if you bundle.