Lower Your 2006 Acura RSX Car Insurance Cost

Are you a victim of an overpriced insurance coverage policy? Trust us, many consumers are feeling buyer’s remorse and feel like there’s no way out.

Consumers have many auto insurance companies to insure vehicles with, and although it’s nice to have a selection, it can be more challenging to locate the cheapest rates.

Consumers should take time to price shop coverage quite often due to the fact that insurance rates tend to go up over time. Just because you had the lowest price on RSX coverage a couple years back other companies may now be cheaper. Block out anything you think you know about insurance coverage because you’re about to learn the proper way to find better coverage at a better price.

Choosing the best insurance company for you is easy if you know what you’re doing. If you have car insurance now, you stand a good chance to be able to lower your premiums substantially using these methods. Nevertheless, vehicle owners need to have an understanding of the methods companies use to determine prices and apply this information to your search.

Factors that can influence Acura RSX insurance rates

It’s important that you understand some of the elements that play a part in calculating the price you pay for auto insurance. Knowing what determines base rates helps enable you to make changes that could result in lower auto insurance prices.

Shown below are some of the factors that factor into premiums.

  • Liability coverage protects you – Liability insurance is the coverage that protects you in the event that you are found liable for damages caused by your negligence. It will provide legal defense coverage up to the limits shown on your policy. Liability is cheap compared to physical damage coverage, so buy as much as you can afford.
  • Too many auto insurance claims drive up costs – Companies award lower rates to drivers who do not file claims often. If you file claims often, you can look forward to either a policy non-renewal or much higher rates. Car insurance is intended to be relied upon for major claims that would cause financial hardship.
  • Low deductibles can be expensive – Your deductibles represent how much money you are required to spend out-of-pocket before a claim is paid by your company. Physical damage insurance, commonly called comprehensive (or other-than-collision) and collision coverage, is used to repair damage to your car. Some instances where coverage would apply could be colliding with a building, vandalism, and burglary. The more you are required to pay out-of-pocket, the bigger discount you will receive on RSX coverage.
  • Discounts for married couples – Getting married actually saves money on your auto insurance policy. Marriage translates into being more mature than a single person it has been statistically shown that married drivers get in fewer accidents.
  • High crash test scores lower rates – Safer cars tend to have better insurance rates. Safer cars have better occupant injury protection and fewer injuries translates into savings for insurance companies passed on to you as lower rates. If the Acura RSX has ratings of a minimum four stars on Safercar.gov or an “acceptable” rating on iihs.org you may qualify for a discount.
  • Discounts for multiple policies – Most insurance companies will award you with lower prices to policyholders who have multiple policies with them. It’s known as a multi-policy discount. Discounts can be 10 percent or more. If you currently are using one company, you may still want to compare rates to confirm you are receiving the best rates possible. You may still be able to find a better deal by buying auto insurance from a different company.
  • Always keep insurance in force – Allowing your auto insurance policy to lapse is a quick way to pay more for auto insurance. And not only will insurance be more expensive, but being ticketed for driving with no insurance will get you a revoked license or a big fine.
  • Do you know you’re credit rating? – A driver’s credit rating is a large factor in your rate calculation. People with high credit ratings tend to be more responsible as compared to drivers with lower credit ratings. Therefore, if your credit score can use some improvement, you could pay less to insure your 2006 Acura RSX by spending a little time repairing your credit.

The quickest way to compare car insurance rates utilizes the fact almost all companies provide online access to compare rate quotes. To begin a comparison, all you need to do is spend a couple of minutes providing details including whether or not you need a SR-22, your occupation, if you went to college, and how much you drive. Your rating data is then submitted to many different companies and they return cost estimate within a short period of time.

Is there truth in advertising?

Insurance coverage companies such as Progressive, Allstate and GEICO constantly bombard you with ads on television and other media. They all seem to say the same thing that you’ll save big if you switch to them. How do they all say the same thing? It’s all in the numbers.

Different companies are able to cherry pick for the driver they prefer to insure. A good example of a driver they prefer could possibly be between 30 and 50, has no tickets, and drives newer vehicles. A propective insured who meets those qualifications will get very good rates and most likely will save when they switch companies.

Potential customers who don’t meet these standards must pay higher premiums which usually ends up with the driver buying from a lower-cost company. The ads state “drivers who switch” not “people who quote” save that kind of money. This is how insurance companies can confidently claim big savings. This illustrates why you should get as many comparisons as possible. It’s not possible to predict the company that will provide you with the cheapest Acura RSX insurance rates.

Save money by taking advantage of these discounts

Auto insurance companies do not advertise all their discounts in a way that’s easy to find, so we break down both well-publicized and also the lesser-known discounts you could be receiving.

  • No Charge for an Accident – Some insurance companies allow you one accident before raising your premiums as long as you don’t have any claims for a particular time prior to the accident.
  • Multi-policy Discount – When you combine your home and auto insurance with one company you may save at least 10% off all policies.
  • Lower Rates for Military – Being on active duty in the military can result in better rates.
  • Drive Less and Save – Keeping the miles down on your Acura could qualify for lower rates on the low mileage vehicles.
  • Sign Early and Save – A few companies offer discounts for switching to them prior to your current policy expiring. It can save you around 10%.
  • Sign Online – A few companies may give you up to $50 for buying your policy online.
  • Anti-lock Brakes – Vehicles with anti-lock braking systems prevent accidents and earn discounts up to 10%.
  • Employee of Federal Government – Employees or retirees of the government could cut as much as 10% off on RSX coverage depending on your company.
  • Own a Home – Being a homeowner may trigger a car insurance policy discount because maintaining a house is proof that your finances are in order.
  • Payment Method – By paying your policy upfront instead of monthly or quarterly installments you could save up to 5%.

Keep in mind that some of the credits will not apply to your bottom line cost. Most only cut individual premiums such as liability and collision coverage. So even though it sounds like you can get free auto insurance, car insurance companies aren’t that generous.

To see a list of companies with discount car insurance rates, click this link.

When should I use an insurance agent?

When buying coverage for your vehicles, there really is no cookie cutter policy. Everyone’s situation is unique so this has to be addressed. These are some specific questions could help you determine if your situation might need professional guidance.

  • Is borrowed equipment or tools covered if stolen or damaged?
  • What is covered by UM/UIM coverage?
  • Does my liability insurance cover pulling a trailer or camper?
  • Is my state a no-fault state?
  • Am I covered by my spouse’s policy after a separation?
  • Am I covered when driving a rental car?

If you’re not sure about those questions but a few of them apply then you might want to talk to a licensed agent. If you want to speak to an agent in your area, simply complete this short form or you can also visit this page to select a carrier

Auto insurance 101

Understanding the coverages of your insurance policy can be of help when determining which coverages you need and the correct deductibles and limits. Policy terminology can be confusing and even agents have difficulty translating policy wording. Shown next are the normal coverages available from insurance companies.

Med pay and Personal Injury Protection (PIP) – Med pay and PIP coverage pay for short-term medical expenses such as pain medications, doctor visits, ambulance fees, X-ray expenses and nursing services. The coverages can be utilized in addition to your health insurance policy or if there is no health insurance coverage. It covers you and your occupants in addition to if you are hit as a while walking down the street. Personal Injury Protection is not available in all states but can be used in place of medical payments coverage

Uninsured/Underinsured Motorist (UM/UIM) – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other drivers when they do not carry enough liability coverage. This coverage pays for medical payments for you and your occupants as well as damage to your Acura RSX.

Since many drivers only carry the minimum required liability limits, their limits can quickly be used up. So UM/UIM coverage is very important.

Collision coverage – Collision insurance will pay to fix damage to your RSX caused by collision with another vehicle or an object, but not an animal. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision can pay for things like colliding with another moving vehicle, backing into a parked car and scraping a guard rail. Collision is rather expensive coverage, so consider dropping it from older vehicles. It’s also possible to increase the deductible to bring the cost down.

Liability – This protects you from damage that occurs to a person or their property that is your fault. It protects you from legal claims by others. It does not cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show liability limits of 25/50/25 that means you have $25,000 bodily injury coverage, $50,000 for the entire accident, and a total limit of $25,000 for damage to vehicles and property.

Liability can pay for things like repair bills for other people’s vehicles, emergency aid, repair costs for stationary objects, pain and suffering and legal defense fees. The amount of liability coverage you purchase is your choice, but you should buy as much as you can afford.

Comprehensive insurance – This covers damage that is not covered by collision coverage. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive can pay for things such as vandalism, rock chips in glass, a broken windshield and a tree branch falling on your vehicle. The highest amount you can receive from a comprehensive claim is the actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

The best insurance company isn’t always the cheapest

Cheap 2006 Acura RSX insurance is available online and with local insurance agents, and you should compare price quotes from both to get a complete price analysis. A few companies do not offer the ability to get a quote online and many times these small, regional companies only sell through independent insurance agents.

We’ve covered many ways to shop for insurance online. The most important thing to understand is the more rate quotes you have, the better chance you’ll have of finding lower rates. Consumers could even find that the biggest savings come from a company that doesn’t do a lot of advertising. Regional companies may cover specific market segments cheaper as compared to the big name companies such as State Farm or Progressive.

As you prepare to switch companies, it’s very important that you do not sacrifice coverage to reduce premiums. There are many occasions where drivers have reduced liability limits or collision coverage only to find out they didn’t purchase enough coverage. The ultimate goal is to find the BEST coverage for the lowest price while still protecting your assets.

More information can be read at the links below