How Much Does 2001 Acura MDX Insurance Cost?

Want lower car insurance rates? Drivers have a choice when trying to find the lowest priced Acura MDX insurance. You can either spend your time calling around trying to get quotes or use the internet to get rate quotes.

There are more efficient ways to compare car insurance rates and you need to know the proper way to compare rates for a Acura and find the lowest possible price from both online companies and local agents.

This article will help you learn the best way to quote coverages. If you currently have car insurance, you will be able to cut costs considerably using these methods. Consumers only need to know the best way to compare prices online.

The most recommended method to compare insurance rates from multiple companies is to understand most insurance companies pay for the opportunity to quote your coverage. To start a quote, the only thing you need to do is give them rating details such as marital status, your occupation, driver ages, and if you are currently licensed. That information is instantly sent to many highly-rated insurers and you get price estimates almost instantly.

If you would like to compare rates now, click here and find out if lower rates are available.

Components of your Acura MDX insurance premiums

Many things are taken into consideration when quoting car insurance. Some are pretty understandable like your driving record, although some other factors are not as apparent such as your credit history and annual miles driven.

Shown below are some of the most common factors used by insurance companies to determine prices.

• Better premiums on vehicles with better crash test results – Cars with five star safety ratings tend to have lower insurance rates. Safe vehicles result in less severe injuries and lower rates of occupant injuries means less claims paid passed on to you as lower rates. If your Acura has at least an “acceptable” rating on the Insurance Institute for Highway Safety website it may cost less to insure.
• Is your vehicle theft-ready? – Buying a car with advanced anti-theft systems can get you a discount on your insurance coverage. Advanced theft deterrents such as vehicle immobilizer systems, OnStar, and tracking devices like LoJack can help prevent auto theft.
• Premiums are high for teenagers – Drivers with little experience have a tendency to be less responsible when driving and because of this, their insurance coverage rates are much higher. Older insureds are proven to be safer behind the wheel, are lower risk to insure , and usually have better credit.
• Marriage equates to better prices – Having a significant other may cut your premiums compared to being single. Marriage is viewed as being more responsible and statistics prove married couples file fewer claims.

Use discounts on insurance coverage

Insurance can cost an arm and a leg, but there could be significant discounts to help bring down the price. A few discounts will be applied at quote time, but some may not be applied and must be asked for before being credited. If you are not receiving all the discounts possible, you are just wasting money.

• Discount for Home Ownership – Just owning your own home can save a few bucks because maintaining a house demonstrates responsibility.
• Pay Early and Save – By paying your policy upfront instead of monthly or quarterly installments you could save 5% or more.
• Savings for New Vehicles – Insuring a vehicle that is new can save up to 30% since newer models are generally safer.
• Theft Deterent – Vehicles equipped with anti-theft or alarm systems can help prevent theft and that can save you a little bit as well.
• Professional Organizations – Affiliation with a professional or civic organization can get you a small discount on your policy.
• E-sign – Many larger companies give back up to $50 just for signing your application on the web.
• Discount for Multiple Policies – When you have multiple policies and insure them both with the same insurance company you could save up to 20% and get you low cost insurance coverage.
• Multiple Vehicles – Having all your vehicles on a single policy can reduce rates for all insured vehicles.
• Seat Belt Usage – Requiring all passengers to use their safety belts can save a little off the PIP or medical payment premium.
• Defensive Driver Discount – Participating in a driver safety course may get you a small discount if your company offers it.

Keep in mind that some credits don’t apply to your bottom line cost. Most cut the cost of specific coverages such as physical damage coverage or medical payments. So even though you would think all the discounts add up to a free policy, insurance coverage companies aren’t that generous.

To find insurance companies with discount rates, click here.

Tailor your auto insurance coverage to you

When it comes to buying the best auto insurance coverage, there really is no “perfect” insurance plan. Everyone’s situation is a little different.

For instance, these questions might point out whether or not you might need professional guidance.

• Can I afford to buy a different vehicle if my 2001 Acura MDX is totaled?
• How much can I save by bundling my policies?
• When should my teen driver be added to my policy?
• Is my ex-spouse still covered by my policy?
• Should I have combined single limit or split liability limits?
• Do I have coverage when pulling a U-Haul trailer?
• Are rock chip repairs covered?

If you can’t answer these questions but you know they apply to you, then you may want to think about talking to a licensed insurance agent. To find an agent in your area, take a second and complete this form. It is quick, free and you can get the answers you need.

Parts of your car insurance policy

Having a good grasp of car insurance can be of help when determining which coverages you need and the correct deductibles and limits. Car insurance terms can be ambiguous and reading a policy is terribly boring.

Coverage for collisions

Collision coverage pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. A deductible applies and then insurance will cover the remainder.

Collision insurance covers things such as colliding with a tree, backing into a parked car, hitting a mailbox, scraping a guard rail and sideswiping another vehicle. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from older vehicles. Drivers also have the option to bump up the deductible to save money on collision insurance.

Comprehensive protection

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

Comprehensive coverage pays for things like a tree branch falling on your vehicle, hail damage and a broken windshield. The maximum payout a car insurance company will pay at claim time is the actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Auto liability insurance

This provides protection from injuries or damage you cause to a person or their property in an accident. It protects YOU from claims by other people. Liability doesn’t cover damage to your own property or vehicle.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. Your policy might show values of 100/300/100 that means you have $100,000 bodily injury coverage, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property. Another option is one limit called combined single limit (CSL) that pays claims from the same limit rather than limiting it on a per person basis.

Liability can pay for things such as structural damage, medical services and legal defense fees. How much liability should you purchase? That is a decision to put some thought into, but buy higher limits if possible.

Medical expense coverage

Medical payments and Personal Injury Protection insurance pay for bills for doctor visits, surgery, hospital visits and prosthetic devices. The coverages can be used to fill the gap from your health insurance program or if you do not have health coverage. They cover you and your occupants and will also cover getting struck while a pedestrian. Personal injury protection coverage is only offered in select states but can be used in place of medical payments coverage

Uninsured or underinsured coverage

This protects you and your vehicle’s occupants when the “other guys” are uninsured or don’t have enough coverage. This coverage pays for injuries sustained by your vehicle’s occupants and damage to your Acura MDX.

Due to the fact that many drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is a good idea. Frequently the UM/UIM limits are identical to your policy’s liability coverage.

Online plus local equals savings

Cheaper 2001 Acura MDX insurance is possible both online and with local insurance agents, and you need to comparison shop both in order to have the best price selection to choose from. Some companies don’t offer rates over the internet and these regional carriers work with independent agencies.

Drivers leave their current company for many reasons like unfair underwriting practices, not issuing a premium refund, an unsatisfactory settlement offer and even delays in paying claims. No matter why you want to switch, choosing a new company is pretty simple and you could end up saving a buck or two.

As you go through the steps to switch your coverage, it’s very important that you do not sacrifice coverage to reduce premiums. In many instances, drivers have reduced collision coverage to discover at claim time that their decision to reduce coverage ended up costing them more. Your strategy should be to find the BEST coverage at the best possible price, but do not sacrifice coverage to save money.

Additional resources

• Crash Avoidance Technologies FAQ (iihs.org)
• Safety Tips for Teen Drivers (Insurance Information Insitute)
• Top Signs Your Brakes are Giving Out (State Farm)
• Distracted Driving Statistics (Insurance Information Insitute)
• Keeping Children Safe in Crashes Video (iihs.org)