2002 Acura MDX Insurance Rates – 9 Tips for Best Quotes

Price shopping your Driversauto insurance is always difficult for drivers not familiar with shopping for insurance online. People have so many companies to choose from that it can be more work than you anticipated to compare prices.

It is always a good idea to compare prices at least once a year since insurance prices change regularly. If you had the best deal for MDX insurance a year ago a different company probably has better rates today. Forget all the misinformation about auto insurance because I’m going to teach you the right way to save on auto insurance.

You may qualify for discounts

Some insurance providers don’t always advertise every available discount in a way that’s easy to find, so the following list contains both well-publicized as well as some of the hidden ways to save on insurance coverage.

  • First Accident Forgiveness – This one isn’t a discount, but companies like GEICO, Progressive, and Allstate will turn a blind eye to one accident before they charge you more for coverage as long as you don’t have any claims before the accident.
  • Seat Belts Save more than Lives – Drivers who require all occupants to wear their seat belts could cut 10% or more on the medical payments or PIP coverage costs.
  • Mature Driver Discount – If you’re over the age of 55, you may receive a small decrease in premiums for MDX insurance.
  • E-sign – A few larger online companies will give you a small discount shop car insurance on their website.
  • Home Ownership Discount – Being a homeowner can save a few bucks because maintaining a house demonstrates responsibility.
  • Driving Data Discount – Insureds who allow driving data collection to scrutinize driving habits remotely such as In-Drive from State Farm or Allstate’s Drivewise system could possibly reduce rates as long as the data is positive.
  • Military Discounts – Being on active deployment in the military may qualify for rate reductions.
  • Early Signing – Some insurance coverage companies reward drivers for switching to them before your current expiration date. This discount can save up to 10%.
  • Passenger Safety Discount – Vehicles with factory air bags or automatic seat belts may earn rate discounts of 20% or more.

Consumers should know that most discounts do not apply to all coverage premiums. Most cut individual premiums such as liability and collision coverage. So when the math indicates you can get free auto insurance, companies wouldn’t make money that way.

A few companies that may offer quotes with many of the previously listed discounts may include but are not limited to:

It’s a good idea to ask every company which discounts can lower your rates. Some of the discounts discussed earlier might not apply in your area. To see insurers offering insurance coverage discounts, click here to view.

Do drivers who switch really save $460 a year?

Car insurance companies such as GEICO, State Farm and Progressive regularly use ads on television and other media. All the ads try to convey promises that drivers can save some big amount if you switch to them. That’s great but how can every company charge lower premium rates?

All the different companies have underwriting criteria for the type of driver that earns them the highest profit. A good example of a preferred risk could be between 30 and 50, is a homeowner, and has great credit. Anyone that fits those parameters gets the lowest premium rates and will probably save when they switch companies.

People who are not a match for the ideal profile will probably have to pay a higher premium and this results in the customer buying from someone else. If you listen closely, the ads state “customers who switch” but not “everyone who gets a quote” save that much when switching. This is how insurance companies can confidently make those claims.

This emphasizes why drivers should get car insurance quotes as often as possible. Because you cannot predict which car insurance company will have better prices than you’re paying now.

There’s no such thing as the perfect auto insurance policy

When choosing the best auto insurance coverage, there is no best way to insure your cars. Each situation is unique.

For instance, these questions may help highlight whether or not you would benefit from an agent’s advice.

  • How high should deductibles be on a 2002 Acura MDX?
  • Do I need medical payments coverage since I have good health insurance?
  • What is covered by UM/UIM coverage?
  • Are all vehicle passengers covered by medical payments coverage?
  • When would I need rental car insurance?
  • Is my vehicle covered by my employer’s policy when using it for work?
  • Will my insurance pay for OEM parts?

If you’re not sure about those questions but one or more may apply to you, you may need to chat with a licensed insurance agent. If you want to speak to an agent in your area, complete this form.

Educate yourself about auto insurance coverages

Having a good grasp of your policy helps when choosing appropriate coverage and the correct deductibles and limits. The terms used in a policy can be confusing and reading a policy is terribly boring.

Liability insurance

This coverage provides protection from damages or injuries you inflict on other’s property or people in an accident. 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 50/100/50 which stand for $50,000 bodily injury coverage, $100,000 for the entire accident, and property damage coverage for $50,000. Occasionally you may see a combined limit that pays claims from the same limit without having the split limit caps.

Liability coverage pays for things like loss of income, pain and suffering, funeral expenses, structural damage and emergency aid. The amount of liability coverage you purchase is your choice, but you should buy higher limits if possible.

Collision coverage protection

Collision coverage will pay to fix damage to your MDX resulting from colliding with an object or car. A deductible applies then the remaining damage will be paid by your insurance company.

Collision can pay for claims such as sideswiping another vehicle, crashing into a building and hitting a parking meter. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are older. Drivers also have the option to raise the deductible in order to get cheaper collision rates.

Uninsured and underinsured coverage

This coverage protects you and your vehicle from other drivers when they do not carry enough liability coverage. It can pay for injuries to you and your family as well as damage to your Acura MDX.

Because many people only carry the minimum required liability limits, their limits can quickly be used up. This is the reason having UM/UIM coverage is important protection for you and your family. Usually the UM/UIM limits do not exceed the liability coverage limits.

Comprehensive coverages

This covers damage caused by mother nature, theft, vandalism and other events. A deductible will apply then your comprehensive coverage will pay.

Comprehensive can pay for things such as rock chips in glass, theft and fire damage. The highest amount your auto insurance company will pay is the ACV or actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Coverage for medical payments

Medical payments and Personal Injury Protection insurance reimburse you for bills such as EMT expenses, doctor visits, hospital visits and pain medications. The coverages can be utilized in addition to your health insurance policy or if there is no health insurance coverage. It covers all vehicle occupants and also covers any family member struck as a pedestrian. PIP is only offered in select states and may carry a deductible

Smart consumers save more

We just showed you many tips how you can save on 2002 Acura MDX insurance. The most important thing to understand is the more rate comparisons you have, the higher your chance of finding cheap car insurance. Drivers may discover the lowest priced car insurance comes from a small mutual company.

Drivers change insurance companies for a variety of reasons including lack of trust in their agent, policy non-renewal, delays in paying claims and even extreme rates for teen drivers. Whatever your reason, choosing a new company can be easier than you think.

As you quote car insurance, make sure you don’t reduce needed coverages to save money. There have been many situations where someone dropped full coverage only to discover later that their decision to reduce coverage ended up costing them more. Your aim should be to purchase a proper amount of coverage at the best possible price but still have enough coverage for asset protection.

Additional car insurance information is available on the following sites: