Cheap 1999 Acura SLX Insurance Rates

Having to pay for overpriced insurance can drain your bank account and force you to make sacrifices. Comparison shopping is a great way to make sure you’re not throwing money away. Having so many insurance companies to choose from, it is hard for the average consumer to locate the most cost effective insurance company.

You should make it a habit to shop coverage around periodically because rates change frequently. Just because you found the best deal for SLX insurance a few years ago a different company probably has better rates today. Ignore everything you know about insurance because we’re going to demonstrate one of the easiest ways to eliminate unnecessary coverages and save money.

The purpose of this post is to let you in on the most effective way to quote insurance and some tricks to saving. If you are paying for car insurance now, you should be able to lower your premiums substantially using this strategy. Drivers just need to know the proper methods to get comparison quotes online.

Compare the Market for Insurance

Finding a lower price on 1999 Acura SLX insurance is not rocket science. Just take a few minutes comparing rate quotes online from several insurance companies. This can be done in a couple of different ways.

The most efficient way to compare a lot of rates at once would be an industry-wide quote request form click to view form in new window. This method prevents you from having to do separate quotes for each company. One simple form compares rates instantly.

A less efficient way to get quotes online is spending the time to visit each company website and request a quote. For example, let’s assume you want to compare rates from GEICO, Liberty Mutual and State Farm. You would have to visit each site to input your insurance information, which is why the first method is quicker. For a list of links to insurance companies in your area, click here.

The most time-consuming method to compare rates is to spend time driving to insurance agents’ offices. The ability to buy insurance online eliminates the need for an insurance agent unless you want the trained guidance only provided by licensed agents. You can, however, compare the best prices online and still use a local agent and we’ll cover that in a bit.

However you get your quotes, make absolute certain that you use the exact same quote information on every quote. If each company quotes different deductibles it will be next to impossible to truly determine the lowest rate.

Don’t believe everything you hear

Consumers get pounded daily by advertisements that promise big savings by companies like GEICO, State Farm and Progressive. All the companies make an identical promise of big savings if you switch to them.

But how can every company claim to save you money? This is how they do it.

Insurance companies have a preferred profile for the type of customer that makes them money. A good example of a profitable customer could be between 30 and 50, is a homeowner, and drives less than 7,500 miles a year. A driver who matches those parameters will qualify for the lowest rates and as a result will probably pay quite a bit less when switching companies.

Drivers who fall outside the “perfect” profile will have to pay a more expensive rate which usually ends up with the driver buying from a lower-cost company. The ads say “customers who switch” but not “drivers who get quotes” save that much. That’s the way insurance companies can confidently advertise the savings.

Because of the profiling, drivers should compare many company’s rates. You cannot predict which insurance companies will have the lowest Acura SLX insurance rates.

Factors determining your Acura SLX insurance premium

It’s important that you understand some of the elements that go into determining the price you pay for insurance coverage. Understanding what determines base rates enables informed choices that may reward you with better insurance coverage rates.

Listed below are some of the items insurance coverage companies consider when setting rates.

More than one policy can earn a discount – Most insurance companies will award you with lower prices to people who consolidate policies with them, otherwise known as a multi-policy discount. Even though this discount sounds good, it’s still a good idea to shop around to make sure you are getting the best deal. You may still be able to find better rates by buying insurance from more than one company.
Being married can save on insurance coverage – Being married actually saves money on your insurance coverage policy. It means you’re more responsible and statistics show married couples file fewer claims.
Choose a safe vehicle and save – Cars with high safety ratings are cheaper to insure. These vehicles result in less severe injuries and fewer injuries translates into fewer and smaller insurance claims and thus lower rates. If your Acura SLX earned at least an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website it is probably cheaper to insure.
Proper usage rating affects rates – The higher the mileage driven in a year the more you’ll pay to insure your vehicle. The majority of insurers charge to insure your cars determined by how the vehicle is used. Autos not used for work or commuting get more affordable rates than vehicles that are driven to work every day. Ask your agent if your insurance coverage declarations sheet is showing the correct usage for each vehicle. Incorrect usage on your SLX may be wasting your money.
Too many insurance coverage claims drive up costs – Car insurance companies award better rates to insureds who are claim-free. If you frequently file small claims, you can look forward to either a policy non-renewal or much higher rates. Your insurance policy is designed for major claims that would cause financial hardship.
Equipment add-ons that lower insurance coverage rates – Choosing a vehicle with an alarm system can get you a discount on your insurance coverage. Anti-theft features such as GM’s OnStar, tamper alarm systems and vehicle immobilizers can thwart your car from being stolen.
Do you need the policy add-ons? – There are a lot of extra coverages that you can buy if you aren’t careful. Things like personal injury protection, towing coverage and term life insurance may be wasting your money. These coverages may sound good when you first buy your policy, but if they’re wasting money remove them from your policy.
Your credit rating is important – Credit rating is a huge factor in calculating your insurance coverage rates. Drivers who have high credit scores tend to be better drivers and file fewer claims as compared to drivers with poor credit. If your credit history can use some improvement, you could save money insuring your 1999 Acura SLX by improving your rating.

Be sure to get all your discounts

Insuring your vehicles can cost a lot, but you can get discounts to help bring down the price. Certain discounts will be triggered automatically when you quote, but some must be specifically requested prior to getting the savings. If you aren’t receiving every discount you qualify for, you’re just leaving money on the table.

Discounts for Safe Drivers – Insureds without accidents may save up to 50% more for SLX insurance than drivers with accident claims.
Anti-lock Brakes – Anti-lock brake equipped vehicles can reduce accidents and earn discounts up to 10%.
Good Student – A discount for being a good student can earn a discount of 20% or more. Earning this discount can benefit you until age 25.
Homeowners Discount – Being a homeowner can save you money due to the fact that maintaining a home shows financial diligence.
Auto/Home Discount – If you have multiple policies with one insurance company you will save at least 10% off all policies.
Employee of Federal Government – Simply working for the federal government could cut as much as 10% off for SLX insurance depending on your company.
Seat Belts Save – Drivers who require all occupants to wear their seat belts could save 15% off your PIP or medical payments premium.
Multiple Cars – Having all your vehicles with the same company could earn a price break for each car.
Service Members Pay Less – Being deployed with a military unit could be rewarded with lower premiums.
Student Driver Training – Cut your cost by having your teen driver enroll in driver’s education in school.

Keep in mind that most credits do not apply to the overall cost of the policy. The majority will only reduce the price of certain insurance coverages like comp or med pay. So even though it sounds like all the discounts add up to a free policy, companies don’t profit that way. But any discount will cut your premiums.

Car insurance companies that may offer these money-saving discounts include:

Double check with each company which discounts you may be entitled to. All car insurance discounts might not be offered in every state.

How do I know if I need professional advice?

When choosing adequate coverage, there isn’t really a “best” method to buy coverage. Everyone’s situation is a little different and your policy should reflect that. For instance, these questions might help in determining whether or not you might need an agent’s assistance.

Am I covered when delivering products for my home-based business?
If I drive on a suspended license am I covered?
Which companies will insure high-risk drivers?
At what point should I drop full coverage?
Am I covered when driving a rental car?
Do I need PIP coverage since I have good health insurance?
Can my babysitter drive my car?

If you can’t answer these questions but one or more may apply to you then you might want to talk to a licensed agent. To find an agent in your area, simply complete this short form or you can also visit this page to select a carrier It’s fast, free and can help protect your family.

What insurance coverages do you need?

Understanding the coverages of your insurance policy aids in choosing the best coverages at the best deductibles and correct limits. Insurance terms can be confusing and even agents have difficulty translating policy wording. Below you’ll find the normal coverages found on the average insurance policy.

Liability insurance

Liability insurance will cover damage or injury you incur to a person or their property by causing an accident. This coverage 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: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see limits of 25/50/25 which means $25,000 in coverage for each person’s injuries, a total of $50,000 of bodily injury coverage per accident, and property damage coverage for $25,000. Occasionally you may see one number which is a combined single limit that pays claims from the same limit rather than limiting it on a per person basis.

Liability coverage pays for claims like pain and suffering, repair costs for stationary objects, funeral expenses, loss of income and medical services. How much liability should you purchase? That is a personal decision, but buy as high a limit as you can afford.

Uninsured and underinsured coverage

Your UM/UIM coverage protects you and your vehicle when the “other guys” either have no liability insurance or not enough. Covered claims include injuries sustained by your vehicle’s occupants and also any damage incurred to your Acura SLX.

Because many people have only the minimum liability required by law, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is a good idea. Most of the time your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Coverage for medical payments

Personal Injury Protection (PIP) and medical payments coverage reimburse you for short-term medical expenses such as rehabilitation expenses, ambulance fees and prosthetic devices. They can be used to fill the gap from your health insurance policy or if you are not covered by health insurance. It covers both the driver and occupants and will also cover being hit by a car walking across the street. Personal injury protection coverage is not available in all states and may carry a deductible

Collision coverage

Collision insurance covers damage to your SLX caused by collision with an object or car. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage protects against claims like sideswiping another vehicle, driving through your garage door and colliding with a tree. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are older. Drivers also have the option to choose a higher deductible to bring the cost down.

Comprehensive coverages

Comprehensive insurance coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims like damage from a tornado or hurricane, hitting a bird, fire damage and falling objects. The maximum amount you’ll receive from a claim is the cash value of the vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Final thoughts

While you’re price shopping online, never buy lower coverage limits just to save a few bucks. In many instances, drivers have reduced physical damage coverage only to regret at claim time that it was a big error on their part. The ultimate goal is to purchase plenty of coverage at an affordable rate while not skimping on critical coverages.

Budget-conscious 1999 Acura SLX insurance can be found from both online companies in addition to many insurance agents, so you should compare both in order to have the best price selection to choose from. A few companies do not provide you the ability to get quotes online and most of the time these small insurance companies sell through independent agents.

You just read a lot of information how to get a better price on insurance. It’s most important to understand that the more rate quotes you have, the higher your chance of finding lower rates. Consumers could even find that the best price on car insurance is with a small local company. Some small companies can often insure niche markets at a lower cost compared to the large companies like State Farm, GEICO and Nationwide.