Save on 2012 Acura MDX Car Insurance Rates

Want cheaper auto insurance rates? Drivers have lots of choices when trying to find the best price on Acura MDX insurance. They can either waste time calling around to compare prices or save time using the internet to find the lowest rates.

There are both good and bad ways to compare auto insurance rates and you need to know the proper way to quote coverages for your Acura and locate the best price possible either online or from local insurance agents.

It’s a good habit to take a look at other company’s rates as often as possible because auto insurance rates fluctuate regularly. Even if you got the best rate on MDX coverage a year ago you may be paying too much now. There is a lot of bad advice regarding auto insurance online, but you can learn some solid techniques on how to reduce your auto insurance bill.

How to get car insurance quotes

Cutting your car insurance rates is a great way to save money. You just need to spend a few minutes to compare rate quotes online from several insurance companies. It is quite easy and can be accomplished using a couple different methods.

1. The simplest way to find low rates is to use a rate comparison form like this one (opens in new window). This method keeps you from doing separate quotes for each company you want a rate for. One form submission compares rates from multiple low-cost companies.It’s the quickest way to get rates.
2. A less efficient way to find lower rates consists of going to each individual company website and get a separate price quote. For example, let’s assume you want to compare rates from Progressive, State Farm and Allstate. You would be required to spend time going to each site individually and type in your information over and over, and that explains why we recommend the first method. For a list of links to companies insuring cars in your area, click here.

You can choose any of those ways to find more affodable coverage, but be sure you’re using apples-to-apples information with every price quote. If you have different coverage information it’s not possible to truly determine the lowest rate.

Discount insurance quotes

Buying insurance is not cheap, but there’s a good chance there are discounts that many people don’t even know exist. Larger premium reductions will be automatically applied when you purchase, but some must be asked for prior to getting the savings.

• Paper-free Discount – A handful of insurance companies may give you up to $50 simply for signing over the internet.
• Early Payment Discounts – By paying your entire bill at once instead of making monthly payments you may reduce your total bill.
• Service Members Pay Less – Having a family member in the military could be rewarded with lower rates.
• Theft Deterent System – Cars and trucks equipped with tracking devices and advanced anti-theft systems can help prevent theft and will qualify for a discount on a insurance coverage quote.
• No Claims – Claim-free drivers can earn big discounts compared to drivers who are more careless.
• Discount for Passive Restraints – Cars that have air bags or motorized seat belts may qualify for discounts of up to 25% or more.
• Distant Student – Any of your kids who are enrolled in a college that is more than 100 miles from home and do not take a car to college may qualify for this discount.

One thing to note about discounts is that many deductions do not apply to the entire policy premium. Most only reduce the price of certain insurance coverages like comprehensive or collision. So when it seems like having all the discounts means you get insurance for free, you’re out of luck.

To see insurance companies who offer free insurance quotes, click here to view.

Tailor your insurance coverage to you

When it comes to buying coverage for your personal vehicles, there is no cookie cutter policy. Every situation is different.

For example, these questions may help highlight if your situation might need an agent’s assistance.

• Should I carry comprehensive and collision coverage?
• Does my policy cover my teen driver if they drive my company car?
• Where can I find DUI or SR-22 insurance?
• How can I get my company to pay me more for my totalled car?
• What are the financial responsibility laws in my state?
• Are all vehicle passengers covered by medical payments coverage?
• Am I covered when pulling a rental trailer?
• What is PIP insurance?

If you can’t answer these questions then you might want to talk to an agent. To find an agent in your area, fill out this quick form. It’s fast, doesn’t cost anything and can provide invaluable advice.

How you can control Acura MDX insurance prices

Many things are part of the equation when premium rates are determined. Some are pretty understandable such as traffic violations, but some are not as apparent such as your credit history or your vehicle rating.

The items below are a few of the things used by insurance companies to determine rates.

• If you don’t need it don’t buy it – There are a lot of optional add-on coverages that can waste your money but may not be useful. Coverages for replacement cost coverage, death and dismemberment, and extra life insurance coverage are examples of these. They may seem like a good idea when discussing your needs, but your needs may have changed so remove them from your policy.
• Deter car thieves – Driving a car with advanced anti-theft systems can earn a premium discount. Theft deterrent systems like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all help prevent your vehicle from being stolen.
• Liability risk factors in – The liability coverage on your policy is the protection if you are found to be at fault for damages from an accident. This coverage provides legal defense starting from day one. Liability is cheap compared to comp and collision, so buy as much as you can afford.
• Don’t let your insurance coverage lapse – Not having insurance can get your license suspended and any future policy may cost more because you let your coverage have a gap. Not only will you pay more, not being able to provide proof of insurance will get you a hefty fine and possibly a revoked license.
• Insurance coverage rates and your job – Occupational choices like lawyerspolice officers and accountants are shown to have higher rates than average due to stressful work requirements and lengthy work days. Conversely, careers such as farmers, engineers and the unemployed pay lower than average rates on MDX coverage.
• Your spouse saves you money – Having a significant other can get you a discount when shopping for insurance coverage. Having a spouse demonstrates that you tend to be more mature and responsible it has been statistically shown that married couples file fewer claims.

Advertising and insurance

Consumers can’t escape the ads that claim the cheapest prices by State Farm and Allstate. They all seem to make the point about how much you will save after switching your coverage to them.

How does each company sell you cheaper insurance coverage?

All the different companies have an ideal profile for the right customer that will generate a profit. For example, a desirable risk might be described as between the ages of 30 and 45, has a clear driving record, and drives a car with an anti-theft system. Someone that hits that “sweet spot” will get low prices and will most likely save when they switch companies.

Consumers who may not quite match the “perfect” profile must pay a higher premium which usually ends up with the prospect going elsewhere. The trick is to say “people that switch” but not “everyone who gets a quote” can get the lowest rates when switching. That’s the way insurance companies can confidently make the claims of big savings.

Each company has different criteria, so drivers must compare free insurance coverage quotes often. It is just not possible to predict which insurance companies will have the best premium rates at this point in time.

Educate yourself about insurance coverages

Understanding the coverages of your policy aids in choosing which coverages you need at the best deductibles and correct limits. Insurance terms can be impossible to understand and nobody wants to actually read their policy.

Comprehensive coverage – This pays for damage from a wide range of events other than collision. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims like rock chips in glass, falling objects, theft, damage from a tornado or hurricane and hitting a bird. The most a insurance company will pay at claim time is the actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Liability coverages – This coverage protects you from damages or injuries you inflict on other’s property or people. It protects YOU from claims by other people, and doesn’t cover your own vehicle damage or injuries.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You might see limits of 100/300/100 that means you have a $100,000 limit per person for injuries, a limit of $300,000 in injury protection per accident, and property damage coverage for $100,000. Alternatively, you may have a combined single limit or CSL which limits claims to one amount with no separate limits for injury or property damage.

Liability can pay for things such as emergency aid, medical expenses, structural damage and medical services. How much coverage you buy is your choice, but it’s cheap coverage so purchase as large an amount as possible.

Collision – This will pay to fix damage to your MDX caused by collision with a stationary object or other vehicle. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage pays for things like sustaining damage from a pot hole, hitting a parking meter, hitting a mailbox and scraping a guard rail. Paying for collision coverage can be pricey, so consider dropping it from older vehicles. You can also bump up the deductible to save money on collision insurance.

Medical payments coverage and PIP – Personal Injury Protection (PIP) and medical payments coverage pay for immediate expenses for rehabilitation expenses, hospital visits and nursing services. The coverages can be used in conjunction with a health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover you and your occupants and also covers being hit by a car walking across the street. Personal Injury Protection is not universally available and may carry a deductible

Uninsured/Underinsured Motorist coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle when the “other guys” either are underinsured or have no liability coverage at all. Covered losses include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Since many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is a good idea. Most of the time your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

Save your hard earned cash

Insureds switch companies for any number of reasons including being labeled a high risk driver, high prices, an unsatisfactory settlement offer and even delays in paying claims. Regardless of your reason for switching companies, finding a great new company is not as hard as you think.

As you quote insurance coverage, make sure you don’t buy lower coverage limits just to save a few bucks. There are too many instances where an accident victim reduced liability coverage limits only to discover later they didn’t purchase enough coverage. The goal is to purchase a proper amount of coverage at a price you can afford but still have enough coverage for asset protection.

In this article, we covered some good ideas how you can get a better price on 2012 Acura MDX insurance. It’s most important to understand that the more quotes you get, the better chance you’ll have of finding affordable insurance coverage. Consumers may even find the best prices are with a small mutual company.

Additional articles

• Auto Insurance Facts and Statistics (Insurance Information Insitute)
• Safety Features for Your New Car (State Farm)
• Help Your Teen Be a Better Driver (State Farm)
• Tools for Teen Driving Safety (State Farm)
• Insurance Losses by Make and Model (iihs.org)