2014 Acura TL Insurance Rates – 5 Tricks for Cheaper Quotes

Have you finally had enough of robbing Peter to pay Paul to pay high auto insurance rates every month? Your situation is no different than the majority of other drivers.

Companies like State Farm, Progressive and Geico promote their brand names with fancy advertisements and it can be hard to sift through the bull and effectively compare rates to find the best deal.

It’s smart to quote other rates before your policy renews because auto insurance prices change quite often. Just because you had the best price for TL insurance last year the chances are good that you can find a lower rate quote today. There is a lot of bad information regarding auto insurance online but in a few minutes you can learn some great ideas on how to save money.

The quickest method to compare policy rates utilizes the fact most insurance companies actually pay money for the chance to provide you with a free rate quote. The one thing you need to do is give them some information including if you went to college, the ages of drivers, what your job is, and your general credit rating. Your information is instantly provided to insurance companies and you will receive price estimates very quickly.

Insurance coverage quotes and discounts

Companies that sell car insurance don’t always publicize every policy discount very well, so the following list contains some of the best known and also the lesser-known credits that you can use to lower your rates.

• Discount for Good Grades – Performing well in school could provide a savings of up to 20% or more. The discount lasts well after school through age 25.
• Buy New and Save – Adding a new car to your policy can save you some money because newer vehicles have to meet stringent safety requirements.
• Military Deployment Discount – Being deployed with a military unit could trigger a small discount.
• Pay Upfront and Save – If you can afford to pay the entire bill rather than paying monthly you can actually save on your bill.
• Multiple Vehicles – Drivers who insure primary and secondary vehicles on a single policy may reduce the rate for each vehicle.

One last thing about discounts, most discount credits are not given the the whole policy. A few only apply to specific coverage prices like physical damage coverage or medical payments. Even though it appears you can get free auto insurance, company stockholders wouldn’t be very happy. But all discounts will reduce your policy cost.

Large insurance coverage companies and a partial list of their discounts include:

• State Farm may include discounts for safe vehicle, multiple autos, good student, multiple policy, and driver’s education.
• American Family may have discounts that include TimeAway discount, early bird, bundled insurance, multi-vehicle, and accident-free.
• Geico offers discounts for seat belt use, defensive driver, air bags, federal employee, membership and employees, emergency military deployment, and good student.
• 21st Century has discounts for early bird, homeowners, theft prevention, good student, automatic seat belts, anti-lock brakes, and air bags.
• Progressive offers discounts including online signing, multi-vehicle, homeowner, good student, and online quote discount.

When getting a coverage quote, ask every prospective company which credits you are entitled to. Discounts might not apply in your area.

Situations that may require an agent’s advice

When it comes to choosing the right insurance coverage, there really is not a single plan that fits everyone. Everyone’s situation is a little different so your insurance should reflect that Here are some questions about coverages that might help in determining whether your personal situation might need an agent’s assistance.

• Is other people’s property covered if stolen from my vehicle?
• How high should my medical payments coverage be?
• Should I sign the liability waiver when renting a car?
• How much underlying liability do I need for an umbrella policy?
• Am I covered when delivering products for my home-based business?
• Do I have coverage when pulling a U-Haul trailer?
• Am I covered if I hit a deer?
• Is my vehicle covered by my employer’s policy when using it for work?
• Do I need an umbrella policy?
• Is business equipment covered while in my vehicle?

If you can’t answer these questions but one or more may apply to you then you might want to talk to a licensed insurance agent. If you want to speak to an agent in your area, simply complete this short form or you can go here for a list of companies in your area.

Insurance coverage specifics

Understanding the coverages of a insurance policy aids in choosing which coverages you need and the correct deductibles and limits. Insurance terms can be ambiguous and nobody wants to actually read their policy. These are the usual coverages available from insurance companies.

Coverage for liability

This provides protection from damage or injury you incur to other people or property by causing an accident. This coverage protects you against claims from other people. Liability doesn’t cover your own vehicle damage or injuries.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have values of 25/50/25 which means a $25,000 limit per person for injuries, a total of $50,000 of bodily injury coverage per accident, and property damage coverage for $25,000. Occasionally you may see a combined single limit or CSL which combines the three limits into one amount with no separate limits for injury or property damage.

Liability insurance covers things like medical services, court costs, bail bonds and loss of income. How much coverage you buy is a decision to put some thought into, but buy as large an amount as possible.

Uninsured and underinsured coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when other motorists are uninsured or don’t have enough coverage. Covered claims include medical payments for you and your occupants and damage to your Acura TL.

Due to the fact that many drivers have only the minimum liability required by law, their limits can quickly be used up. So UM/UIM coverage is very important. Normally your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

Coverage for medical payments

Personal Injury Protection (PIP) and medical payments coverage pay for short-term medical expenses like rehabilitation expenses, EMT expenses, hospital visits, X-ray expenses and prosthetic devices. They are utilized in addition to your health insurance plan or if you are not covered by health insurance. They cover both the driver and occupants as well as being hit by a car walking across the street. PIP coverage is not an option in every state and may carry a deductible

Comprehensive coverages

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

Comprehensive insurance covers things such as hitting a deer, damage from flooding, theft, falling objects and damage from a tornado or hurricane. The highest amount your insurance company will pay is the actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Auto collision coverage

Collision coverage pays for damage to your TL resulting from colliding with an object or car. You have to pay a deductible then your collision coverage will kick in.

Collision can pay for claims such as backing into a parked car, colliding with another moving vehicle and sideswiping another vehicle. Collision is rather expensive coverage, so you might think about dropping it from older vehicles. Drivers also have the option to increase the deductible to save money on collision insurance.

In conclusion

When searching for cheaper insurance quotes, never buy less coverage just to save a little money. There are too many instances where an insured cut comprehensive coverage or liability limits to discover at claim time that they should have had better coverage. The proper strategy is to buy the best coverage you can find for the lowest cost.

Affordable 2014 Acura TL insurance can be purchased both online and also from your neighborhood agents, and you need to comparison shop both to have the best selection. Some insurance companies may not offer the ability to get a quote online and these regional carriers provide coverage only through local independent agencies.

More detailed insurance coverage information is located in the articles below:

• Drunk Driving Statistics (Insurance Information Insitute)
• Your Car has been Stolen: Now What? (Allstate)
• Determining Your Vehicle’s Value and Repair Cost (Insurance Information Insitute)
• State Laws for Cellphones and Texting (iihs.org)
• Understanding Limits and Deductibles (Allstate)