How Much Does 2005 Acura RSX Car Insurance Cost?

Searching for lower insurance coverage rates? Consumers have lots of choices when looking for low-cost Acura RSX insurance. They can either waste time calling around trying to get quotes or save time using the internet to make rate comparisons.

There are both good and bad ways to shop for insurance coverage so you’re going to learn the proper way to compare rates for a new or used Acura and locate the best price possible either online or from local insurance agents.

Smart consumers take time to get comparison quotes before your policy renews because insurance rates fluctuate regularly. Just because you found the lowest rate for RSX coverage on your last policy there may be better deals available now. Forget all the misinformation about insurance coverage because I’m going to let you in on the secrets to the fastest and easiest way to save money, get proper deductibles and limits, all at the lowest rate.

The purpose of this post is to help educate you on the best way to quote coverages and some money-saving tips. If you are paying for car insurance now, you stand a good chance to be able to save some money using these techniques. Consumers just need to learn the best way to compare company rates online.

Six factors that determine insurance premiums

It’s important that you understand some of the elements that help determine the price you pay for car insurance. If you know what influences your rates, this enables you to make decisions that will entitle you to lower premium levels. Multiple criteria are considered when you get a price on insurance. Some factors are common sense such as traffic violations, although some other factors are not as apparent like your continuous coverage or your commute time.

The factors shown below are some of the major factors utilized by car insurance companies to help set prices.

• City dwellers may pay more – Having an address in a small town has definite advantages when shopping for auto insurance. City drivers have congested traffic and higher rates of accident claims. Lower population means less chance of accidents as well as less vandalism and auto theft.
• Car insurance rates and vocation – Did you know that where you work can have an impact on rates? Occupations like military generalsair traffic controllers and miners tend to have higher rates than average attributed to intense work situations and long work days. On the flip side, professions such as farmers, athletes and performers have lower than average premiums for RSX coverage.
• Your credit score is important – Having a bad credit score can be an important factor in calculating your car insurance rates. People with high credit ratings tend to be more responsible and file fewer claims than drivers who have lower ratings. If your credit score is not that good, you could potentially save money when insuring your 2005 Acura RSX by improving your credit score.
• Prevent theft and save – Owning a car with an alarm system can earn a premium discount. Theft prevention devices such as LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all hinder your car from being stolen.
• Little extras can really add up – Insurance companies have many extra add-on coverages that can add up on your 2005 RSX policy. Coverages like personal injury protection, accidental death, and motor club memberships may be wasting your money. The coverages may be enticing when discussing your needs, but if they’re wasting money remove them and pocket the money.
• Cars with good safety ratings cost less to insure – Cars with five star safety ratings tend to have lower insurance rates. Vehicles built for safety reduce injuries and any reduction in injury severity means less money paid by your insurance company and cheaper rates on your policy. If the Acura RSX has ratings of a minimum four stars on Safercar.gov or an “acceptable” rating on iihs.org you may be receiving a better rate.

Reduce your car insurance rates with discounts

Some insurers don’t always advertise every possible discount in an easy-to-find place, so below is a list both well-publicized and also the lesser-known discounts that may be available.

• Responsible Driver Discount – Insureds who avoid accidents can save up to 40% or more on their car insurance quote for RSX coverage than drivers with accidents.
• Drivers Education – Have your child take driver’s ed class in school.
• Early Switch Discount – Select insurance companies give a discount for signing up prior to the expiration date on your current policy. You could save around 10% when you buy car insurance online.
• Anti-lock Brake System – Cars and trucks with ABS braking systems or traction control have fewer accidents and will save you 10% or more.
• Driver Training Discounts – Taking part in a course teaching defensive driving skills could cut 5% off your bill and also improve your driving technique.
• Distant Student Discount – who are enrolled in higher education away from home without a vehicle on campus may be able to be covered for less.
• Pay Now and Pay Less – By making one initial payment instead of paying each month you could save up to 5%.
• Policy Bundle Discount – If you can bundle your home and auto insurance and insure them both with the same insurance company you could save 10% to 20% off each policy.

We need to note that most of the big mark downs will not be given to your bottom line cost. Most only apply to the price of certain insurance coverages like comprehensive or collision. So when the math indicates you would end up receiving a 100% discount, company stockholders wouldn’t be very happy. Any qualifying discounts will definitely lower your policy cost.

A list of companies and some of their more popular discounts are outlined below.

• Mercury Insurance has discounts for type of vehicle, accident-free, multi-policy, location of vehicle, and ease of repair.
• Farmers Insurance offers premium reductions for alternative fuel, mature driver, multi-car, business and professional, homeowner, bundle discounts, and distant student.
• Farm Bureau may offer discounts for driver training, good student, multi-policy, 55 and retired, and safe driver.
• State Farm has savings for student away at school, Steer Clear safe driver discount, passive restraint, Drive Safe & Save, safe vehicle, anti-theft, and accident-free.
• Allstate may have discounts that include multi-policy, good student, early signing, auto/life discount, 55 and retired, new car, and good payer.
• Geico policyholders can earn discounts including membership and employees, five-year accident-free, multi-vehicle, seat belt use, and driver training.

If you want cheaper car insurance quotes, ask all the companies how you can save money. A few discounts may not be offered in your area. To find insurance companies that offer many of these discounts, follow this link.

You are unique and your car insurance should be too

When buying coverage for your personal vehicles, there really is not a “best” method to buy coverage. Everyone’s situation is a little different.

For example, these questions might point out if you might need an agent’s assistance.

• How do I insure my teen driver?
• When does my teenage driver need to be added to my policy?
• Should I bundle my homeowners policy with my auto?
• Does my liability insurance cover pulling a trailer or camper?
• Are rental cars covered under my policy?
• What can I do if my company denied a claim?

If you can’t answer these questions, then you may want to think about talking to a licensed insurance agent. If you don’t have a local agent, fill out this quick form. It only takes a few minutes and may give you better protection.

Specific coverages for a 2005 Acura RSX

Understanding the coverages of a insurance policy helps when choosing the best coverages and the correct deductibles and limits. Policy terminology can be ambiguous and even agents have difficulty translating policy wording.

Comprehensive protection

Comprehensive insurance covers damage from a wide range of events other than collision. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things such as damage from a tornado or hurricane, hail damage, a broken windshield and damage from flooding. The maximum payout your insurance company will pay is the actual cash value, so if the vehicle is not worth much consider dropping full coverage.

Collision coverage

This coverage covers damage to your RSX resulting from a collision with a stationary object or other vehicle. A deductible applies then your collision coverage will kick in.

Collision can pay for claims such as crashing into a building, sideswiping another vehicle, crashing into a ditch, driving through your garage door and sustaining damage from a pot hole. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. It’s also possible to choose a higher deductible to get cheaper collision coverage.

Uninsured or underinsured coverage

Uninsured or Underinsured Motorist coverage gives you protection when other motorists do not carry enough liability coverage. Covered claims include hospital bills for your injuries and damage to your Acura RSX.

Because many people carry very low liability coverage limits, their limits can quickly be used up. This is the reason having UM/UIM coverage is important protection for you and your family. Frequently these coverages are similar to your liability insurance amounts.

Liability

This protects you from damage or injury you incur to other people or property that is your fault. It protects YOU from legal claims by others. Liability doesn’t cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see liability limits of 25/50/25 that means you have $25,000 bodily injury coverage, a per accident bodily injury limit of $50,000, and a total limit of $25,000 for damage to vehicles and property. Alternatively, you may have a combined limit that pays claims from the same limit with no separate limits for injury or property damage.

Liability insurance covers things like structural damage, bail bonds, repair bills for other people’s vehicles, court costs and repair costs for stationary objects. How much coverage you buy is up to you, but consider buying as high a limit as you can afford.

Medical expense coverage

Coverage for medical payments and/or PIP provide coverage for immediate expenses for rehabilitation expenses, ambulance fees, surgery and prosthetic devices. They are used to fill the gap from your health insurance policy or if you do not have health coverage. It covers you and your occupants in addition to being hit by a car walking across the street. PIP coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

In Summary

We’ve covered some good ideas how to compare 2005 Acura RSX insurance prices online. The key concept to understand is the more rate quotes you have, the higher the chance of saving money. Consumers could even find that the lowest prices are with the smaller companies.

Budget-conscious 2005 Acura RSX insurance is available on the web and also from your neighborhood agents, so you should compare both to get a complete price analysis. Some companies may not have price quotes online and these small, regional companies prefer to sell through independent insurance agents.

Drivers who switch companies do it for many reasons like lack of trust in their agent, an unsatisfactory settlement offer, delays in responding to claim requests and even unfair underwriting practices. No matter why you want to switch, switching companies is actually quite simple.

Additional detailed information can be read in these articles:

• What is Covered by an Auto Insurance Policy? (Insurance Information Insitute)
• What is a Telematics Device? (Allstate)
• Five Tips to Save on Auto Insurance (Insurance Information Insitute)
• A Tree Fell on Your Car: Now What? (Allstate)
• Vehicle Insurance in the U.S. (Wikipedia)