Cheap 2001 Acura NSX Car Insurance Rates

Want the cheapest car insurance rates for your Acura NSX? Have you had enough of scraping nickels together to buy car insurance? You’re in the same situation as many other drivers.

You have so many insurance companies to choose from, and even though it’s nice to have a choice, too many choices makes it more difficult to find a good deal.

Finding the best rates is quite easy. Just about every vehicle owner who is required by state law to have insurance coverage will more than likely be able to lower their premiums. But drivers benefit from understanding how insurance companies price online insurance and use this information to your advantage.

Acura NSX insurance rate factors

Many factors are used in the calculation when quoting car insurance. A few of the factors are predictable such as your driving history, but others are less apparent like your vehicle usage or how safe your car is.The best way to find cheaper insurance coverage is to take a look at the rating factors that go into determining your policy premiums. When you understand what positively or negatively impacts your premiums, this allows you to make educated decisions that can earn you much lower annual insurance costs.

The itemized list below are some of the things that factor into rates.

  • Your address can impact price – Residing in areas with lower population is a good thing when trying to find low car insurance rates. Drivers in populated areas have to deal with more traffic problems and more severe claims. Less people living in that area means a lower chance of having an accident and lower theft and vandalism rates.
  • Age of drivers impacts premiums – More mature drivers are proven to be safer behind the wheel, cause fewer claims and accidents and are safer drivers.Inexperience drivers have been known to get distracted easily when driving so insurance coverage rates are higher.
  • Add-on coverages are wasting money – There are a lot of optional add-on coverages that can waste your money but may not be useful. Coverage for things like roadside assistance, death and dismemberment, and extra life insurance coverage are some examples. You may think they are a good idea when buying your policy, but if you have no use for them get rid of them and save.
  • Driving citations cost more than a fine – Even one speeding ticket can increase the cost of insurance to the point where it’s not affordable. Good drivers receive lower rates than their less careful counterparts. Drivers who have severe violations such as DUI or willful reckless driving may be required to complete a SR-22 to the state department of motor vehicles in order to drive a vehicle legally.
  • Is car insurance cheaper for males or females? – Statistics have proven females are less aggressive when driving. Now that doesn’t mean men are worse drivers. Both genders tend to get into at-fault accidents at about the same rate, but males cause more damage. Men also tend to get ticketed for serious violations such as DWI and reckless driving.
  • Raise comp and collision deductibles and save – Physical damage insurance, also known as collision and other-than-collision, covers damage that occurs to your Acura. Examples of covered claims could be a broken windshield, damage caused by hail, and burglary. Comp and collision deductibles tell how much you are willing to pay out-of-pocket if the claim is covered. The more money you pay before a claim is paid (deductible), the less your insurance coverage will be for NSX coverage.
  • Don’t abuse claims – Car insurance companies award discounts to policyholders that do not abuse their auto insurance. If you file a lot of claims you can definitely plan on either a policy non-renewal or much higher rates. Auto insurance is designed for more catestrophic claims.
  • Multiple policies with one company – The majority of companies provide lower prices to customers that have more than one policy in the form of a multi-policy discount. This can amount to ten or even fifteen percent. Even if you’re getting this discount you may still want to shop around to make sure you are getting the best deal.

Compare quotes for car insurance

Comparing car insurance rates can be a lot of work if you don’t know the fastest way to get free quotes. You can waste a few hours (or days) talking about coverages with local insurance agents in your area, or you could use the web to quickly compare rates.

Many insurance companies participate in a marketplace that allows shoppers to enter their policy data once, and each company returns a rated price based on the submitted data. This saves time by eliminating repetitive form submissions for every car insurance company.

To use this form to compare rates click to open in new window.

The one disadvantage to getting quotes like this is you are unable to specify the companies you want to price. If you would rather choose individual companies to compare prices, we have assembled a list of low cost car insurance companies in your area. View list of insurance companies.

Whichever way you choose to compare rates, make sure you compare identical coverage limits for every quote you compare. If you use unequal deductibles or liability limits it will be nearly impossible to decipher which rate is best. Even a minor difference in limits may result in a large different in cost. And when comparing car insurance rates, know that comparing a wide range of rates increases your odds of finding more affordable rates.

You may qualify for discounts

Car insurance companies don’t always advertise all their discounts very clearly, so we took the time to find some of the more common as well as the least known discounts that may be available.

  • No Accidents – Drivers who stay claim-free pay much less as compared to drivers with a long claim history.
  • Discounts for New Vehicles – Putting coverage on a new car can save up to 30% because newer vehicles are generally safer.
  • Low Mileage Discounts – Driving less could be rewarded with slightly better insurance coveragerates than normal.
  • Safe Drivers – Insureds without accidents may save up to 50% more for NSX coverage than their less cautious counterparts.
  • Discounts for Multiple Vehicles – Buying coverage for all your vehicles on one policy can reduce rates for all insured vehicles.
  • Auto/Life Discount – If the company offers life insurance, you could get a break if you buy a life policy as well.

While discounts sound great, it’s important to understand that some of the credits will not apply to your bottom line cost. A few only apply to specific coverage prices like collision or personal injury protection. Just because you may think it’s possible to get free car insurance, that’s just not realistic.

Companies that may include most of the discounts above are:

Before buying, ask every insurance company the best way to save money. Some of the discounts discussed earlier might not apply everywhere.

There’s no such thing as the perfect insurance policy

When choosing the best insurance coverage for your personal vehicles, there really is no one size fits all plan. Every situation is different and a cookie cutter policy won’t apply. For example, these questions might help in determining if your situation would benefit from professional advice.

  • Who is covered when they drive my 2001 Acura NSX?
  • I have a DUI can I still get coverage?
  • When should I buy a commercial auto policy?
  • Do I need rental car coverage?
  • How do I insure my teen driver?
  • Am I covered when driving on a suspended license?
  • Am I missing any policy discounts?
  • Am I covered when driving someone else’s vehicle?
  • Am I covered when delivering products for my home-based business?
  • Is a blown tire covered by insurance?

If you’re not sure about those questions but a few of them apply, then you may want to think about talking to an insurance agent. If you want to speak to an agent in your area, fill out this quick form or go to this page to view a list of companies.

Car insurance 101

Having a good grasp of your policy can be of help when determining which coverages you need at the best deductibles and correct limits. The coverage terms in a policy can be impossible to understand and even agents have difficulty translating policy wording. Listed below are typical coverages found on most insurance policies.

Liability – This provides protection from damages or injuries you inflict on a person or their property by causing an accident. This coverage protects you against claims from other people. Liability doesn’t cover your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. As an example, you may have liability limits of 50/100/50 which stand for $50,000 bodily injury coverage, $100,000 for the entire accident, and $50,000 of coverage for damaged propery.

Liability coverage pays for claims like pain and suffering, legal defense fees, medical services, repair costs for stationary objects and repair bills for other people’s vehicles. How much liability coverage do you need? That is your choice, but it’s cheap coverage so purchase as large an amount as possible.

Coverage for medical payments – Medical payments and Personal Injury Protection insurance kick in for short-term medical expenses for things like nursing services, surgery, hospital visits and pain medications. The coverages can be utilized in addition to your health insurance plan or if you do not have health coverage. They cover you and your occupants in addition to if you are hit as a while walking down the street. Personal Injury Protection is only offered in select states and may carry a deductible

Comprehensive coverages – Comprehensive insurance pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for claims like damage from getting keyed, theft, hitting a bird and a tree branch falling on your vehicle. The highest amount you can receive from a comprehensive claim is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Uninsured and underinsured coverage – This protects you and your vehicle from other drivers when they are uninsured or don’t have enough coverage. Covered claims include injuries to you and your family as well as damage to your Acura NSX.

Because many people carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is very important.

Collision coverages – Collision coverage pays for damage to your NSX from colliding with another car or object. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for claims such as driving through your garage door, crashing into a ditch and rolling your car. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are 8 years or older. You can also increase the deductible to save money on collision insurance.

In any little way, save everyday

Budget-friendly insurance is attainable from both online companies and also from your neighborhood agents, and you should compare price quotes from both in order to have the best price selection to choose from. Some insurance providers may not offer online price quotes and most of the time these regional carriers only sell coverage through local independent agents.

In this article, we presented a lot of information how to reduce 2001 Acura NSX insurance premium rates online. The most important thing to understand is the more rate comparisons you have, the more likely it is that you will get a better rate. You may even find the lowest priced insurance comes from some of the lesser-known companies. Some small companies may often insure only within specific states and give getter rates than their larger competitors like State Farm, Geico and Nationwide.

Additional resources