1996 Acura SLX Car Insurance Cost

Looking for lower car insurance rates for your Acura SLX? Are you regretting the purchase of an underperforming, overpriced car insurance policy? You’re in good company because there are many consumers feeling the pinch from expensive car insurance.

Due to the abundance of insurance providers from which to choose, it can be diffult for people to locate a lower cost car insurance company.

Consumers need to do rate comparisons once or twice a year because prices fluctuate regularly. Even if you got the best rates for SLX coverage on your last policy you may be paying too much now. Block out anything you think you know about car insurance because I’m going to let you in on the secrets to the only way to find great coverage at a great price.

Finding affordable insurance coverage is not that difficult. In a nutshell, every vehicle owner who has to buy insurance coverage will more than likely be able to lower their premiums. Although car owners benefit from understanding how insurance companies determine prices and take advantage of how the system works.

Low cost insurance quotes

Shopping for lower insurance rates can be exhausting if you aren’t aware of the fastest way to get free quotes. You can waste hours talking to agents in your area, or you could use the web to accomplish the same thing much quicker.

Most of the larger companies enroll in a system where prospective buyers complete one form, and at least one company then returns a price quote determined by their information. This eliminates the need for quote requests for each company.

To use this form to compare rates click here (opens in new window).

The single downside to comparing rates this way is that you can’t choose the companies to get pricing from. If you prefer to choose specific insurance companies to compare rates, we have assembled a list of insurance companies in your area. Click here for list of insurance companies.

Whichever method you choose, be sure you’re using the same deductibles and coverage limits on every quote. If you compare higher or lower deductibles it will be impossible to make an equal comparison. Just slight variations in coverage limits could throw off the whole comparison. Keep in mind that comparing more rates from different companies helps improve the odds of finding a lower rate.

Are you qualifying for every discount?

Companies that sell car insurance do not list every discount very well, so the list below contains both the well known as well as the least known credits available to lower your premiums when you buy auto insurance online. If you aren’t receiving every discount possible, you are not getting the best rate possible.

  • Student Driver Training – It’s a good idea to have your young drivers participate in a local driver’s education class as it will make them better drivers and lower rates.
  • Discounts for Good Drivers – Safe drivers can get discounts for up to 45% lower rates for SLX coverage than their less cautious counterparts.
  • Multiple Cars – Insuring multiple vehicles with one company can reduce the rates for all insured vehicles.
  • Safety Restraint Discount – Forcing all vehicle occupants to use their safety belts can save up to 10 percent (depending on the company) on the premium charged for medical payments and/or PIP.
  • Federal Government Employee – Employees or retirees of the government may qualify for a discount when you quote auto insurance for SLX coverage depending on your company.
  • Professional Organizations – Participating in qualifying clubs or civic groups could trigger savings on your next auto insurance statement.
  • Anti-lock Brake Discount – Vehicles that have anti-lock braking systems are much safer to drive so companies give up to a 10% discount.
  • Online Discount – Some of the larger companies will provide an incentive for buying your policy on your computer.
  • Passenger Safety Discount – Vehicles equipped with air bags or motorized seat belts may earn rate discounts of up to 25% or more.

A little note about advertised discounts, most credits do not apply to the overall cost of the policy. Most only apply to the cost of specific coverages such as liability, collision or medical payments. If you do the math and it seems like having all the discounts means you get insurance for free, auto insurance companies aren’t that generous. Any qualifying discounts will definitely lower your policy premiums.

If you would like to choose from a list of insurance companies that offer multiple discounts, click here to view.

Smart buyers can slash their insurance rates

Lots of factors are taken into consideration when pricing auto insurance. Some are obvious like your driving record, although some other factors are less apparent like where you live or your financial responsibility.One of the most helpful ways to save on car insurance is to to have a grasp of the different types of things that aid in calculating the level of your policy premiums. When you understand what determines premiums, this allows you to make educated decisions that can earn you big savings.

Listed below are some of the things companies use to determine prices.

  • Car insurance policy lapses increase prices – Having a gap between insurance policy dates will be a sure-fire way to increase your rates. And not only will insurance be more expensive, being ticketed for driving with no insurance can result in a fine, jail time, or a revoked license. You could then be forced to prove you have insurance by filing a SR-22 with your state department of motor vehicles.
  • Drivers with high credit save – Having a bad credit rating factor in determining your rates. Drivers who have high credit ratings tend to be more responsible and file fewer claims as compared to drivers with lower credit scores. Therefore, if your credit history could use some work, you could be paying less to insure your 1996 Acura SLX by spending a little time repairing your credit.
  • Drive fewer miles and save – The higher the mileage driven annually the more you’ll pay to insure your vehicle. A lot of companies calculate rates based upon how you use the vehicle. Vehicles that have low annual miles get more affordable rates than cars that get driven a lot. Having an incorrect usage rating on your SLX can cost quite a bit. It’s a smart idea to ensure your car insurance coverage is showing annual mileage.
  • Cheaper rates after marriage – Your spouse can actually save you money on your policy. It is viewed as being more mature than a single person and statistics prove drivers who are married file infrequent claims.
  • Does your job cost you more? – Did you know your job can affect your rates? Occupations such as real estate brokersairline pilots and medical professionals are shown to have the highest average rates because of intense work situations and extremely grueling work hours. On the other hand, occupations such as actors, engineers and the unemployed pay the least for SLX coverage.

When in doubt talk to an agent

When buying proper insurance coverage, there isn’t really a one size fits all plan. Coverage needs to be tailored to your specific needs so your insurance should reflect that For instance, these questions might help in determining whether your personal situation might need an agent’s assistance.

  • Can I afford low physical damage deductibles?
  • Am I covered if hit by an uninsured driver?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • Is my ex-spouse still covered by my policy?
  • Are my tools covered if they get stolen from my vehicle?
  • Why am I required to buy high-risk coverage?
  • Do I pay less if my vehicle is kept in my garage?
  • Should I have combined single limit or split liability limits?

If you can’t answer these questions but you know they apply to you, you might consider talking to an insurance agent. To find an agent in your area, simply complete this short form or go to this page to view a list of companies.

Save 15 percent in 15 minutes? Is it for real?

Companies like Allstate and Progressive endlessly run television, radio, and online ads. All the ads advertise claims about savings just by switching your coverage to them. How can each company give you a lower rate? It’s all in how they say it.

Insurance providers offer their best rates for the type of driver that earns them the highest profit. For example, a profitable insured could possibly be between 30 and 50, has a clean driving record, and drives less than 7,500 miles a year. Any person that fits those parameters will get very good rates and most likely will save when switching.

Consumers who cannot meet the requirements will probably have to pay higher rates which translates to business not being written. If you listen closely, the ads state “people that switch” not “everybody who quotes” save that kind of money. That’s the way companies can make those claims.

That is why it is so important to compare price quotes frequently. Because you cannot predict which insurance companies will fit you best based on your risk profile.

Educate yourself about car insurance coverages

Knowing the specifics of your car insurance policy aids in choosing which coverages you need and proper limits and deductibles. Policy terminology can be difficult to understand and coverage can change by endorsement. Below you’ll find typical coverage types available from car insurance companies.

Collision coverage

Collision insurance pays for damage to your SLX from colliding with a stationary object or other vehicle. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims such as crashing into a building, backing into a parked car, sideswiping another vehicle and colliding with a tree. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are older. Another option is to bump up the deductible to save money on collision insurance.

Uninsured or underinsured coverage

This provides protection from other drivers when they are uninsured or don’t have enough coverage. This coverage pays for injuries to you and your family as well as damage to your Acura SLX.

Due to the fact that many drivers have only the minimum liability required by law, their limits can quickly be used up. For this reason, having high UM/UIM coverages should not be overlooked. Most of the time these coverages are similar to your liability insurance amounts.

Comprehensive protection

This coverage pays for damage from a wide range of events other than collision. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims such as a tree branch falling on your vehicle, hitting a deer and damage from getting keyed. The maximum payout you’ll receive from a claim is the market value of your vehicle, so if the vehicle’s value is low consider dropping full coverage.

Medical expense coverage

Medical payments and Personal Injury Protection insurance provide coverage for short-term medical expenses for EMT expenses, surgery, doctor visits, ambulance fees and rehabilitation expenses. They can be used to fill the gap from your health insurance policy or if you do not have health coverage. Coverage applies to all vehicle occupants as well as if you are hit as a while walking down the street. Personal injury protection coverage is not universally available but can be used in place of medical payments coverage

Liability coverages

Liability insurance can cover damages or injuries you inflict on people or other property in an accident. It protects YOU against claims from other people, and does not provide coverage for 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. You commonly see limits of 100/300/100 which means a $100,000 limit per person for injuries, a per accident bodily injury limit of $300,000, and a total limit of $100,000 for damage to vehicles and property. Some companies may use a combined single limit or CSL which provides one coverage limit and claims can be made without the split limit restrictions.

Liability insurance covers claims such as pain and suffering, medical services and attorney fees. The amount of liability coverage you purchase is a personal decision, but you should buy as much as you can afford.

Save your cold hard cash

Affordable 1996 Acura SLX insurance is available both online as well as from insurance agents, and you should compare price quotes from both to have the best chance of lowering rates. Some insurance companies don’t offer online quoting and these small, regional companies only sell coverage through independent agents.

You just learned a lot of tips how to lower your 1996 Acura SLX insurance prices. It’s most important to understand that the more times you quote, the better your comparison will be. Drivers may discover the best price on insurance coverage is with an unexpected company. Some small companies can often insure niche markets at a lower cost as compared to the big name companies such as Allstate or State Farm.

When you buy auto insurance online, it’s very important that you do not skimp on coverage in order to save money. There are a lot of situations where an accident victim reduced liability limits or collision coverage to discover at claim time that a couple dollars of savings turned into a financial nightmare. The goal is to buy enough coverage for the lowest cost, not the least amount of coverage.

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