Save on 2002 Acura RSX Insurance Quotes

Scraping up a payment for overpriced Acura RSX insurance can dry up your funds and possibly require you to analyze your spending habits. Because there are so many choices of insurance companies, it can be diffult for drivers to pick the right insurance company.

You need to compare rates yearly since rates are usually higher with each renewal. Just because you found the best rate for RSX coverage last year you will most likely find a better price today. Forget all the misinformation about insurance because you’re about to find out one of the best ways to lower your rates without sacrificing coverage.

What determines Acura RSX insurance premiums?

It’s important that you understand the different types of things that are used to determine your car insurance rates. If you have some idea of what determines premiums, this empowers consumers to make smart changes that could result in better car insurance rates.

  • Qualify for multi-policy discounts – Most insurance companies provide a discount to policyholders who buy several policies from them such as combining an auto and homeowners policy. This can amount to ten or even up to twenty percent in some cases. Even though this discount sounds good, it’s in your best interest to comparison shop to confirm you are receiving the best rates possible.
  • Lower rates for married couples – Being married can get you a discount on your car insurance bill. Marriage usually means you are more mature than a single person and it’s statistically proven that married couples file fewer claims.
  • Optional features can affect prices – Buying a car with anti-theft technology or alarm system can help lower your premiums. Theft prevention devices such as vehicle immobilizer systems, OnStar, and tracking devices like LoJack can thwart car theft.
  • Cheaper to insure women? – Statistics show that women are safer drivers than men. It does not mean women are better drivers. Women and men cause fender benders in similar numbers, but the men cause more damage. Not only are claims higher, but men receive more costly citations such as reckless driving. Male teenagers are several times more likely to be in an accident and thus pay the highest rates.
  • Five star IIHS safety rating saves money – Safer cars tend to be cheaper to insure. Vehicles built for safety reduce occupant injuries and lower rates of occupant injuries translates into savings for insurance companies and lower rates for you. If the Acura RSX has at least four stars on Safercar.gov or an “acceptable” rating on iihs.org you may qualify for a discount.
  • High deductibles equal low rates – Deductibles for physical damage state the amount of money you are willing to pay out-of-pocket if you file a covered claim. Protection for physical damage, also called comprehensive and collision insurance, covers damage that occurs to your car. Some coverage claims would be collision with another vehicle, hail damage, or theft of your vehicle. The higher the amount the insured is willing to pay, the lower your rates will be for RSX coverage.
  • Safeguard your assets with liability protection – The liability section of your policy is the protection in the event that you are found to be at fault for causing personal injury or damage in an accident. Liability insurance provides you with a defense in court which can cost a lot. Liability insurance is pretty cheap compared to physical damage coverage, so insureds should have plenty of protection for their assets.
  • Small claims can cost you – If you are a frequent claim filer, you can look forward to higher premiums or even policy non-renewal. Insurance companies generally give discounts to drivers who only file infrequent claims. Auto insurance is meant to be used in the event of major claims that would cause financial hardship.

The quickest method we recommend to compare car insurance company rates is to take advantage of the fact most larger insurance companies participate in a system to give you rate quotes. All consumers are required to do is provide information including if you lease or own, an estimate of your credit level, if you are currently licensed, and what your job is. Your details is then submitted to multiple companies and you get price estimates almost instantly.

Advertising myths

Consumers can’t get away from ads for cheaper insurance by Geico, State Farm and Progressive. They all have a common claim about how much you will save just by moving your policy.

How is it possible that every company can charge less that you’re paying now? It’s all in the wording.

Insurance companies have specific guidelines for the type of driver that earns them the most money. One example of this type of risk profile should be a married male, has no driving citations, and drives newer vehicles. Anyone who matches that profile will get a cheap rate quote and will probably cut their rates substantially.

Potential customers who do not meet those criteria will probably be forced to pay a higher rate with the end result being the customer not purchasing. The ad wording is “people who switch” not “all people who quote” save that much. That’s the way insurance companies can confidently lure you into getting a quote. That is why it’s extremely important to quote coverage with many companies. It’s just too difficult to predict which insurance companies will provide you with the cheapest car insurance rates.

Save a ton by receiving discounts

Auto insurance companies do not list every discount in a way that’s easy to find, so we researched some of the best known in addition to some of the lesser obvious discounts that may be available.

  • Passive Restraints and Air Bags – Cars that have air bags or motorized seat belts could see savings of 20 to 30 percent.
  • Paperwork-free – Many larger companies give back up to $50 for buying a policy and signing up on their website.
  • Professional Memberships – Being in qualifying clubs or civic groups could earn you a nice discount on your next renewal.
  • Safe Driver Discount – Insureds without accidents may receive a discount up to 45% for RSX coverage compared to rates paid by drivers with frequent claims.
  • No Claims – Insureds with no claims or accidents are rewarded with significantly better rates on auto insurance quote in comparison with insureds who have frequent claims or accidents.
  • Good Students Pay Less – Performing well in school could provide a savings of up to 20% or more. Many companies even apply the discount to college students well after school through age 25.
  • Theft Deterent Discount – Anti-theft and alarm system equipped vehicles are stolen with less frequency and therefore earn up to a 10% discount.
  • Telematics Devices – Drivers who elect to allow driving data collection to look at vehicle usage remotely like In-Drive from State Farm and Progressive’s Snapshot might get better premium rates if their driving habits are good.

As a footnote on discounts, most discount credits are not given to your bottom line cost. A few only apply to the cost of specific coverages such as collision or personal injury protection. So even though it sounds like adding up those discounts means a free policy, insurance companies wouldn’t stay in business.

To find providers that offer many of these discounts, click this link.

Your insurance coverage should be tailored to you

When it comes to choosing adequate coverage, there really is not a best way to insure your cars. Everyone’s situation is unique and your policy should reflect that. For instance, these questions might help in determining if your situation may require specific advice.

  • Do I benefit by insuring my home with the same company?
  • Is other people’s property covered if stolen from my vehicle?
  • If I drive on a suspended license am I covered?
  • Will my rates increase for filing one claim?
  • I don’t drive much so do I pay less?
  • Does my insurance cover a custom paint job?
  • Does coverage extend to my business vehicle?

If you’re not sure about those questions but one or more may apply to you, you may need to chat with an insurance agent. If you don’t have a local agent, fill out this quick form or go to this page to view a list of companies. It’s fast, doesn’t cost anything and you can get the answers you need.

Coverages available on your policy

Learning about specific coverages of insurance can be of help when determining the right coverages and the correct deductibles and limits. Policy terminology can be ambiguous and reading a policy is terribly boring. These are typical coverages found on the average insurance policy.

Collision coverage protection

Collision insurance will pay to fix damage to your RSX resulting from a collision with another car or object. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for things such as sideswiping another vehicle, backing into a parked car, crashing into a ditch and colliding with a tree. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are older. It’s also possible to increase the deductible to bring the cost down.

Uninsured Motorist or Underinsured Motorist insurance

Your UM/UIM coverage provides protection when the “other guys” do not carry enough liability coverage. This coverage pays for medical payments for you and your occupants as well as your vehicle’s damage.

Because many people only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages should not be overlooked.

Insurance for medical payments

Med pay and PIP coverage provide coverage for short-term medical expenses for things like funeral costs, X-ray expenses and nursing services. They can be used in conjunction with a health insurance policy or if you are not covered by health insurance. Coverage applies to you and your occupants as well as being hit by a car walking across the street. Personal Injury Protection is only offered in select states but can be used in place of medical payments coverage

Comprehensive coverage (or Other than Collision)

Comprehensive insurance coverage covers damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things like damage from getting keyed, damage from flooding, falling objects and fire damage. The maximum amount you can receive from a comprehensive claim is the market value of your vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Liability car insurance

This coverage will cover damages or injuries you inflict on other people or property in an accident. It protects you against other people’s claims, and doesn’t cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show values of 100/300/100 which stand for $100,000 in coverage for each person’s injuries, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property.

Liability can pay for claims such as attorney fees, loss of income, funeral expenses and emergency aid. How much liability coverage do you need? That is up to you, but consider buying as much as you can afford.

Online plus local equals savings

We covered some good ideas how to lower your 2002 Acura RSX insurance rates. It’s most important to understand that the more times you quote, the more likely it is that you will get a better rate. Drivers may discover the best price on car insurance is with an unexpected company. Smaller companies can often provide lower auto insurance rates in certain areas than the large multi-state companies such as State Farm and Allstate.

When getting auto insurance quotes online, you should never skimp on critical coverages to save a buck or two. Too many times, someone dropped physical damage coverage and discovered at claim time that their decision to reduce coverage ended up costing them more. The aim is to buy the best coverage you can find at the best cost while still protecting your assets.

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