2010 Acura MDX Car Insurance Cost – 6 Ways to Save

Are you regretting buying high-priced car insurance? Believe me when I say you’re not the only one.

Big companies like GEICO, Progressive and Allstate increase brand awareness with ad campaigns and it can be hard to ignore the flashy ads and find the best price available.

If you currently have car insurance, you will be able to save some money using this information. Finding affordable coverage is easy if you know what you’re doing. Nevertheless, car owners must learn the way companies market insurance on the web and use this information to your advantage.

How to get car insurance price quotes

There are multiple methods to compare car insurance prices and some are less labor-intensive and much quicker. You could waste time driving to agents in your area, or you can utilize the web to accomplish the same thing much quicker.

Most of the larger companies enroll in a system that enables customers to send in one quote, and each company then returns a price quote for coverage. This saves time by eliminating form submissions for each company you want a rate for.

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

The only downside to pricing coverage this way is that you can’t choose the providers you will receive quotes from. If you prefer to choose specific insurance companies to request quotes from, we have a listing of car insurance companies in your area. Click here to view list.

It doesn’t matter which method you choose, just do your best to enter nearly identical coverages and limits with each company. If your comparisons have unequal deductibles or liability limits it’s not possible to make a fair comparison for your Acura MDX. Just a small difference in insurance coverages may result in large price differences. Keep in mind that obtaining a wide range of quotes gives you a better chance of getting a lower rate.

Cheap car insurance rates with discounts

Car insurance is not an enjoyable expense, but you may find discounts that can drop the cost substantially. A few discounts will automatically apply when you quote, but occassionally some discounts must be asked about before they will apply.

  • Discounts for Government Workers – Active or former government employment could provide a small rate reduction for MDX insurance depending on your company.
  • New Vehicle Savings – Buying a new car model can save up to 30% because new vehicles keep occupants safer.
  • Homeowners Pay Less – Owning your own home or condo can save you money since home ownership is proof of financial responsibility.
  • Good Student Discount – This discount can save 20 to 25%. Many companies even apply the discount to college students until age 25.
  • More Vehicles More Savings – Buying insurance for more than one vehicle on one policy could earn a price break for each car.
  • Driver’s Education for Students – Cut your cost by having your teen driver successfully complete driver’s ed class as it will make them better drivers and lower rates.

Don’t be shocked that some of the credits will not apply to the entire cost. Most only apply to individual premiums such as medical payments or collision. Even though the math looks like all those discounts means the company will pay you, it’s just not the way it works.

To see car insurance companies offering car insurance discounts, follow this link.

Tailor your insurance coverage to you

When it comes to buying adequate coverage for your personal vehicles, there really is not a “perfect” insurance plan. Everyone’s situation is a little different so this has to be addressed. For example, these questions can aid in determining whether you might need an agent’s assistance.

  • Is business equipment covered while in my vehicle?
  • How much liability insurance is required?
  • Are my friends covered when driving my car?
  • Am I covered when driving a rental car?
  • Should I get collision insurance on every vehicle?
  • Do I need PIP (personal injury protection) coverage in my state?
  • Am I covered if my car is in a flood?
  • Does my liability insurance cover pulling a trailer or camper?
  • Is other people’s property covered if stolen from my vehicle?

If it’s difficult to answer those questions but one or more may apply to you then you might want to talk to a licensed insurance agent. To find an agent in your area, fill out this quick form or you can go here for a list of companies in your area.

Don’t be fooled by advertising claims

Progressive, Allstate and GEICO consistently run television and radio advertisements. All the ads advertise the message that you’ll save big just by moving your policy. How is it plausible that every one can make almost identical claims? This is the way they can do it.

Companies have strict underwriting profiles for the type of customer that is profitable for them. For example, a profitable risk profile could be over the age of 40, has a clean driving record, and insures a new vehicle. A propective insured that fits those parameters will qualify for the lowest prices and will most likely save money with a new company.

People who do not match these stringent criteria will be charged a more expensive rate which leads to the prospect going elsewhere. The ad wording is “customers who switch” not “everyone that quotes” save that kind of money. That is how insurance companies can make claims like that. Because of this risk profiling, you really need to get insurance coverage quotes from several different companies. Because you cannot predict the company that will have the best premium rates.

Insurance coverages and their meanings

Having a good grasp of your policy can help you determine the right coverages and the correct deductibles and limits. The terms used in a policy can be ambiguous and nobody wants to actually read their policy. Shown next are typical coverages offered by insurance companies.

Liability coverages – This coverage can cover damage that occurs to a person or their property that is your fault. It protects YOU from claims by other people. It does not cover damage sustained by your vehicle in an accident.

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

Liability coverage pays for things such as pain and suffering, attorney fees and structural damage. How much coverage you buy is your choice, but buy as high a limit as you can afford.

Uninsured/Underinsured Motorist (UM/UIM) – Uninsured or Underinsured Motorist coverage provides protection when other motorists do not carry enough liability coverage. It can pay for medical payments for you and your occupants as well as damage to your Acura MDX.

Due to the fact that many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.

Med pay and Personal Injury Protection (PIP) – Med pay and PIP coverage reimburse you for bills like surgery, hospital visits, pain medications, rehabilitation expenses and chiropractic care. The coverages can be used in conjunction with a health insurance policy or if you lack health insurance entirely. They cover both the driver and occupants and also covers any family member struck as a pedestrian. PIP coverage is not available in all states but can be used in place of medical payments coverage

Collision coverage – Collision coverage covers damage to your MDX resulting from colliding with a stationary object or other vehicle. You first must pay a deductible and then insurance will cover the remainder.

Collision can pay for things like sideswiping another vehicle, rolling your car, scraping a guard rail and backing into a parked car. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from older vehicles. You can also raise the deductible to bring the cost down.

Comprehensive insurance – This coverage covers damage OTHER than collision with another vehicle or object. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage pays for things such as hail damage, a tree branch falling on your vehicle, rock chips in glass, theft and falling objects. The maximum payout a insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

Don’t throw your cash in the trash

We just presented some good ideas how you can compare 2010 Acura MDX insurance rates online. The most important thing to understand is the more rate quotes you have, the more likely it is that you will get a better rate. Consumers may even find the best rates are with a small mutual company. Regional companies may only write in your state and offer lower car insurance rates compared to the large companies like State Farm, GEICO and Nationwide.

Some companies may not provide price quotes online and many times these small insurance companies prefer to sell through independent agencies. The cheapest 2010 Acura MDX insurance is possible from both online companies in addition to many insurance agents, and you should compare price quotes from both in order to have the best price selection to choose from.

Much more information about auto insurance can be found at the links below