Save on 2004 Acura RL Insurance Cost

Feel like you’re a prisoner to overpriced insurance? It’s a common feeling and there are many consumers feeling the pinch from expensive insurance.

Because you have many insurance providers from which to choose, it is very difficult to find the right insurance company.

The purpose of this post is to instruct you on the most effective way to quote insurance. If you currently have a car insurance policy, you should be able to lower your premiums substantially using these tips. Although car owners should learn the methods companies use to price insurance differently and take advantage of how the system works.

Insurance price influencing factors

Consumers need to have an understanding of the factors that come into play when calculating the level of your policy premiums. If you know what determines premiums, this enables informed choices that may result in better auto insurance rates. Multiple criteria are used in the calculation when you get a price on insurance. Most are fairly basic like an MVR report, although others are less apparent such as whether you are married or your vehicle rating.

  • Premiums drop with age – Older drivers tend to be more responsible, cost insurance companies less in claims and get fewer tickets.Beginning drivers have a tendency to be careless and easily distracted in a vehicle so auto insurance rates are higher.
  • Always keep your auto insurance policy in force – Driving any period of time without insurance is not a good idea and as a result your rates will increase for letting your coverage have a gap. And not only will your rates increase, the inability to provide proof of insurance could result in a revoked license or a big fine.
  • Prices may be higher where you live – Being located in less populated areas of the country may provide you with better prices when trying to find low car insurance rates. People who live in big cities have to deal with more aggressive driving styles and longer commutes to work. Lower population means fewer accidents as well as less vandalism and auto theft.
  • Save money by raising coverage deductibles – Your deductibles are how much the insured will be required to pay if you file a covered claim. Coverage for physical damage, commonly called comprehensive (or other-than-collision) and collision coverage, covers damage that occurs to your car. Some coverage claims are collision with another vehicle, hail damage, and damage caused by road hazards. The more damage repair cost you have to pay, the lower your rates will be for RL coverage.
  • Gender as a rate factor – The statistics show that men are more aggressive behind the wheel. The data does not necessarily mean that men are worse drivers. Females and males tend to get into accidents at a similar rate, but men cause more damage and cost insurance companies more money. Men also get higher numbers of serious violations like driving under the influence (DUI).
  • Does your employer cost you more? – Did you know your occupation can influence how much you pay for auto insurance? Jobs such as military generals, business owners and dentists usually pay higher rates than average attributed to high stress levels and lengthy work days. On the other hand, jobs like farmers, engineers and the unemployed generally pay rates lower than average for RL coverage.

Lower rates by qualifying for discounts

Car insurance is not cheap, but discounts can save money and there are some available that many consumers don’t even know exist. Certain discounts will be applied at the time of purchase, but some discounts are required to be manually applied in order for you to get them.

  • Driver Education Discount – Require your teen driver to enroll and complete driver’s education as it can save substantially.
  • Seat Belts Save – Drivers who require all occupants to use their safety belts could save 15% off PIP or medical payments premium.
  • Early Switch Discount – A few companies give discounts for switching policies prior to the expiration date on your current policy. This discount can save up to 10%.
  • Anti-lock Brakes – Vehicles with ABS braking systems or traction control have fewer accidents so you can save 10 percent or more.
  • Drive Safe and Save – Accident-free drivers can pay as much as 50% less for RL coverage compared to accident prone drivers.
  • Low Miles Discount – Fewer annual miles on your Acura can qualify you for better premium rates on cars that stay parked.
  • Military Deployment Discount – Having a deployed family member could mean lower premium rates.

While discounts sound great, it’s important to understand that most credits do not apply the the whole policy. Most cut specific coverage prices like liability, collision or medical payments. Just because it seems like adding up those discounts means a free policy, it’s just not the way it works.

Companies and some of the discounts include:

  • GEICO may have discounts that include seat belt use, good student, multi-policy, membership and employees, anti-lock brakes, driver training, and multi-vehicle.
  • MetLife discounts include multi-policy, claim-free, accident-free, defensive driver, good driver, good student
  • State Farm may offer discounts for accident-free, multiple policy, Drive Safe & Save, student away at school, good student, anti-theft, and defensive driving training.
  • Progressive may include discounts for homeowner, multi-vehicle, online signing, multi-policy, and online quote discount.
  • Mercury Insurance has discounts for anti-theft, location of vehicle, ease of repair, type of vehicle, good driver, age of vehicle, and good student.
  • 21st Century includes discounts for theft prevention, student driver, early bird, driver training, and defensive driver.
  • Allstate offers premium reductions for premier discount, good payer, multi-policy, passive restraint, safe driver, and teenSMART discount.

Double check with every prospective company how many discounts you can get. Some credits may not be offered in your area. If you would like to see a list of insurance companies with the best discounts, click here.

Big names are not always cheapest

Car insurance companies such as GEICO, State Farm and Progressive endlessly run television, radio, and online ads. They all say the same thing that you can save after switching your car insurance coverage to their company. How is it possible that every company can sell you cheaper insurance coverage? Here is the trick they use.

Insurance providers offer their best rates for the type of customer that earns them the highest profit. A good example of a profitable risk profile should be between the ages of 30 and 50, has a low-risk occupation, and drives less than 10,000 miles a year. Anyone who matches those parameters receive the lowest rate quotes and have a good chance to cut their rates substantially.

People who do not meet the requirements will be quoted a more expensive rate which results in the customer buying from a different company. If you pay close attention to the ads, they say “drivers who switch” not “all people who quote” will save that much if they switch. That’s the way companies can make it sound like they have such great premium rates.

This really illustrates why you really need to compare rate quotes every year. It’s impossible to know which company will have better auto insurance rates than you’re paying now.

Auto insurance is unique, just like you

When it comes to choosing proper insurance coverage, there really is not a “perfect” insurance plan. Everyone’s needs are different so this has to be addressed. For instance, these questions may help you determine if your insurance needs may require specific advice.

  • Does coverage extend to Mexico or Canada?
  • What are the financial responsibility laws in my state?
  • How high should my medical payments coverage be?
  • Is my teen driver covered when they drive my company car?
  • Do all my vehicles need collision coverage?
  • Will I be non-renewed for getting a DUI or other conviction?
  • What if I total my 2004 Acura RL and owe more than it’s worth?

If you don’t know the answers to these questions but a few of them apply, you might consider talking to a licensed insurance agent. To find lower rates from a local agent, take a second and complete this form or you can go here for a list of companies in your area.

Auto insurance coverages 101

Knowing the specifics of a auto insurance policy can be of help when determining the best coverages and the correct deductibles and limits. The terms used in a policy can be difficult to understand and nobody wants to actually read their policy. Below you’ll find the usual coverages available from auto insurance companies.

Uninsured or underinsured coverage

This coverage protects you and your vehicle from other motorists when they do not carry enough liability coverage. Covered losses include hospital bills for your injuries as well as damage to your Acura RL.

Due to the fact that many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is very important. Normally the UM/UIM limits are set the same as your liablity limits.

Auto liability

This coverage can cover damage or injury you incur to other people or property by causing an accident. It protects you from claims by other people, and does not provide coverage for damage to your own property or vehicle.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have limits of 50/100/50 which means a limit of $50,000 per injured person, a limit of $100,000 in injury protection per accident, and $50,000 of coverage for damaged propery. Some companies may use a combined limit which limits claims to one amount without having the split limit caps.

Liability coverage pays for things such as emergency aid, bail bonds and court costs. How much liability coverage do you need? That is a personal decision, but you should buy as much as you can afford.

Collision coverage protection

This coverage pays to fix your vehicle from damage from colliding with an object or car. A deductible applies then your collision coverage will kick in.

Collision can pay for claims such as backing into a parked car, hitting a mailbox, sideswiping another vehicle, driving through your garage door and crashing into a ditch. Paying for collision coverage can be pricey, so consider removing coverage from older vehicles. It’s also possible to raise the deductible to save money on collision insurance.

Medical expense coverage

Personal Injury Protection (PIP) and medical payments coverage kick in for short-term medical expenses for doctor visits, ambulance fees, dental work and chiropractic care. The coverages can be used to fill the gap from your health insurance plan or if you are not covered by health insurance. They cover all vehicle occupants and also covers if you are hit as a while walking down the street. PIP coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Comprehensive protection

This pays to fix your vehicle from damage from a wide range of events other than collision. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims like a tree branch falling on your vehicle, rock chips in glass, hitting a deer and theft. The maximum amount you’ll receive from a claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Be a money saver!

When buying insurance coverage, it’s a bad idea to reduce coverage to reduce premium. Too many times, drivers have reduced full coverage only to regret that the few dollars in savings costed them thousands. The aim is to buy the best coverage you can find for the lowest price but still have enough coverage for asset protection.

Cost effective 2004 Acura RL insurance can be sourced both online in addition to local insurance agencies, and you should be comparing both to get a complete price analysis. Some insurance providers do not offer online price quotes and these regional carriers work with independent insurance agencies.

In this article, we presented a lot of ways to lower your 2004 Acura RL insurance rates. It’s most important to understand that the more quotes you get, the better your comparison will be. Drivers may discover the lowest priced car insurance comes from the smaller companies. These companies may often insure only within specific states and give getter rates than their larger competitors like GEICO and State Farm.

For more information, feel free to browse the articles below:

Comments About 2004 Acura RL Insurance

  1. Aleshia Burton

    What does medical payments cover?

  2. Lorri Hammond

    It’s all a rip off. I live on the east side of Cranston, Rhode Island. Compared quite a few companies. Saved about $30 a month. Allstate was the cheapest option for me. Insured with Farmers before.

  3. Chun Johnston

    Got a quote with Auto-Owners for my RL and saved around $100 a year. Left 21st Century to switch. Have a couple speeding tickets too. Just liability coverage since it’s getting old.

  4. Gus Phillips

    Will 21st Century cancel me if I have an accident?

  5. Polly Perry

    I’m looking for cheaper coverage. Checking in from Dallas, TX. I don’t recall every quote but I ended up saving about $30 each month. I’m a pretty low risk driver. I just carry liability insurance.

  6. Barbara Morrison

    If you have a clean record and live in the vicinity of Gaithersburg, Maryland, check out State Farm. They seem to be cheaper. My Acura doesn’t have full coverage.

  7. Krystin Fleming

    I found pretty cheap rate quotes for a 2004 Acura RL in Newark, New Jersey. Ended up at right around $100 every six months with American Family. Left 21st Century to switch. Good multi-policy discounts. I’m thinking about dropping full coverage though.

  8. Joshua Mccormick

    In Bellevue, NE, Amica had the best rates for my 2004 Acura RL. Insured with Auto-Owners before. Not worth enough to pay for comprehensive and collision.

  9. Dominque Mcfadden

    I got decent rates for a 2004 Acura RL in Charlotte, North Carolina. Ended up at roughly $100 every six months with AIG Insurance.