How Much Does 2014 Acura ILX Hybrid Car Insurance Cost?

Pricey Acura ILX Hybrid insurance can diminish your checking account, especially in this economy.

Because there are so many insurance providers from which to choose, it can be impossible to choose the most affordable insurance coverage provider.

The method we recommend to compare insurance rates from multiple companies takes advantage of the fact almost all companies have advanced systems to give free rates quotes. The one thing you need to do is give the companies some data like your general credit rating, how much you drive, the year, make and model of vehicles, and driver ages. Those rating factors is instantly submitted to insurance carriers in your area and you will get price comparisons instantly to find the best rate.

Discounts can really help save money

Insurance can be prohibitively expensive, but you can get discounts to cut the cost considerably. Some of these disounts will be visible at quote time, but some discounts are required to be inquired about in order for you to get them.

  • Early Signing – A few larger companies allow discounts for buying a policy prior to your current policy expiration. It can save you around 10%.
  • Pay Upfront and Save – By paying your entire bill at once instead of paying each month you could save up to 5%.
  • Homeowners Discount – Owning your own home or condo can earn you a little savings since home ownership demonstrates responsibility.
  • Policy Bundle Discount – When you combine your auto and homeowners insurance and insure them both with the same insurance company you may save 10% to 20% off each policy.
  • Fewer Miles Equal More Savings – Low mileage vehicles can earn discounted insurancerates on garaged vehicles.
  • Accident Waiver – Not a discount per se, but a few companies such as State Farm and Geico allow you one accident before they charge you more for coverage with the catch being you have to be claim-free for a certain period of time.

Keep in mind that some credits don’t apply to the entire cost. The majority will only reduce individual premiums such as comp or med pay. So even though you would think you would end up receiving a 100% discount, insurance companies wouldn’t stay in business.

A few of the larger companies and the discounts they provide are detailed below.

  • AAA offers premium reductions for education and occupation, anti-theft, multi-car, AAA membership discount, good student, multi-policy, and good driver.
  • Progressive may offer discounts for homeowner, multi-policy, online quote discount, good student, and online signing.
  • State Farm may have discounts that include defensive driving training, multiple autos, Steer Clear safe driver discount, good student, and good driver.
  • Esurance policyholders can earn discounts including Pac-12 alumni, claim free, online quote, anti-lock brakes, and online shopper.
  • Nationwide may include discounts for business or organization, multi-policy, accident-free, defensive driving, anti-theft, family plan, and easy pay.

When getting free insurance quotes, it’s a good idea to every insurance company which credits you are entitled to. Some of the earlier mentioned discounts might not be offered in your area. If you would like to choose from a list of companies with the best discounts, click here.

Will just any policy work for me?

When choosing adequate coverage, there really is not a one size fits all plan. Every insured’s situation is different so this has to be addressed. Here are some questions about coverages that might help in determining whether your personal situation would benefit from professional advice.

  • How do I insure my teen driver?
  • Is other people’s property covered if stolen from my vehicle?
  • Am I covered when delivering products for my home-based business?
  • Does coverage extend to a rental car in a foreign country?
  • When would I need rental car insurance?
  • Am I covered when using my vehicle for business?
  • Do I really need UM/UIM coverage?
  • Am I covered if I break a side mirror?

If you can’t answer these questions then you might want to talk to an insurance agent. To find lower rates from a local agent, complete this form or go to this page to view a list of companies.

Why you might pay lower rates

One of the most helpful ways to save on auto insurance is to to have a grasp of the factors that help calculate your premiums. When you understand what determines premiums, this helps enable you to make changes that can help you get lower premium levels.

  • Additional coverages that may be costing you – There are a lot of extra bells and whistles you can purchase but may not be useful. Add-on coverages like rental car reimbursement, accident forgiveness, and additional equipment coverage may be costing you every month. These may sound like a good investment initially, but if you’ve never needed them in the past think about removing them and cutting costs.
  • Use but don’t abuse your insurance – If you are the type of insured that files lots of claims you can expect either policy cancellation or increased premiums. Car insurance companies give discounts to drivers who only file infrequent claims. Your insurance policy is designed for major claims that would cause financial hardship.
  • Cars with good safety ratings save money – Cars with five star safety ratings can get you lower premiums. These vehicles have better occupant injury protection and reduced instances of injuries means less money paid by your insurance company and thus lower rates.
  • Lower rates with no policy lapses – Driving without insurance coverage in place is against the law and auto insurance companies will penalize you for letting your insurance expire. Not only will you pay more, failure to provide proof of insurance may earn you a fine, jail time, or a revoked license. You may have to prove you have insurance by filing a SR-22 with your state DMV.
  • Poor credit can mean higher prices – An insured’s credit history can be a huge factor in determining what you pay. Drivers who have high credit scores tend to be better risks to insure than those with poor credit scores. If your credit can be improved, you could save money insuring your 2014 Acura ILX Hybrid if you clean up your credit.
  • Rates may be higher where you live – Living in less populated areas may provide you with better prices when shopping for auto insurance. Lower population translates into fewer accidents. Drivers in populated areas tend to have congested traffic and a longer drive to work. More time behind the wheel means more chance of being in an accident.

Insurance coverage breakdown

Having a good grasp of your insurance policy aids in choosing the right coverages at the best deductibles and correct limits. The coverage terms in a policy can be impossible to understand and nobody wants to actually read their policy. Listed below are typical coverage types found on most insurance policies.

Collision protection

Collision coverage will pay to fix damage to your ILX Hybrid 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 coverage pays for things such as crashing into a building, sideswiping another vehicle, sustaining damage from a pot hole and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are 8 years or older. Drivers also have the option to bump up the deductible in order to get cheaper collision rates.

Insurance for medical payments

Coverage for medical payments and/or PIP provide coverage for short-term medical expenses such as pain medications, prosthetic devices, rehabilitation expenses and surgery. They can be utilized in addition to your health insurance program or if there is no health insurance coverage. They cover all vehicle occupants and also covers getting struck while a pedestrian. PIP coverage is not universally available and may carry a deductible

Uninsured Motorist or Underinsured Motorist insurance

Uninsured or Underinsured Motorist coverage provides protection from other drivers when they are uninsured or don’t have enough coverage. Covered losses include injuries sustained by your vehicle’s occupants as well as damage to your Acura ILX Hybrid.

Due to the fact that many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is very important.

Liability

Liability coverage will cover injuries or damage you cause to people or other property that is your fault. This coverage protects you against claims from other people. It does not cover damage to your own property or vehicle.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show liability limits of 100/300/100 that means you have $100,000 in coverage for each person’s injuries, a total of $300,000 of bodily injury coverage per accident, and a total limit of $100,000 for damage to vehicles and property.

Liability coverage pays for things such as repair costs for stationary objects, funeral expenses, pain and suffering and emergency aid. How much liability coverage do you need? That is a decision to put some thought into, but it’s cheap coverage so purchase higher limits if possible.

Comprehensive coverage (or Other than Collision)

This pays for damage from a wide range of events other than collision. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive insurance covers things such as a tree branch falling on your vehicle, falling objects, damage from getting keyed, hitting a bird and hitting a deer. The highest amount you’ll receive from a claim is the cash value of the vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.

Quote more. Save more.

In this article, we presented quite a bit of information on how to compare 2014 Acura ILX Hybrid insurance rates online. It’s most important to understand that the more price quotes you have, the better your comparison will be. You may even find the most savings is with the least-expected company. These smaller insurers may have significantly lower auto insurance rates on certain market segments as compared to the big name companies such as Allstate or State Farm.

Low-cost 2014 Acura ILX Hybrid insurance is attainable both online in addition to many insurance agents, so you need to quote insurance with both to have the best rate selection. There are still a few companies who do not provide online quoting and usually these regional carriers prefer to sell through independent insurance agencies.

More detailed car insurance information can be found by following these links: