The best way we recommend to get discount auto insurance rates is to make a habit of comparing prices annually from providers in Louisville. Drivers can shop around by completing these steps.
First, gain an understanding of coverages and the things you can change to prevent expensive coverage. Many rating criteria that result in higher prices such as traffic tickets, fender benders, and an imperfect credit history can be rectified by making minor changes to your lifestyle.
Second, compare price quotes from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can only give rate quotes from a single company like GEICO or State Farm, while independent agencies can quote prices from multiple sources. View companies
Third, compare the price quotes to your existing coverage to determine if switching companies saves money. If you find a better price and switch companies, ensure coverage does not lapse between policies.
Fourth, notify your company or agent of your intention to cancel your current auto insurance policy. Submit the completed application along with a down payment for your new policy. As soon as you receive it, keep the new proof of insurance paperwork along with your vehicle registration.
The critical component of shopping around is to make sure you enter the same coverage limits and deductibles on each quote request and and to get price quotes from as many companies as possible. Doing this enables an accurate price comparison and a complete price analysis.
It’s an obvious statement that insurance companies don’t want policyholders to shop around. People who shop around for cheaper price quotes will presumably move their business because of the high probability of finding a more affordable policy. Surprisingly, a recent survey revealed that consumers who shopped around saved over $70 a month compared to other drivers who don’t regularly compare prices.
If finding the lowest price for car insurance is the reason you’re here, then understanding the best ways to shop for insurance rates can help you succeed in saving money.
What Determines Acura TLX Insurance Costs?
When buying auto insurance it’s important to understand a few of the rating criteria that aid in calculating auto insurance rates. When you know what positively or negatively impacts premium levels, this enables you to make decisions that will entitle you to lower premium levels. Many things are part of the equation when quoting car insurance. Some are pretty understandable such as your driving history, but others are not quite as obvious like your vehicle usage or how safe your car is.
- Prices and vocation – Jobs like military personnel, air traffic controllers, and emergency personnel usually pay higher average rates in part from intense work requirements and extremely grueling work hours. Other professions such as scientists, engineers and the unemployed pay the least.
- Insure your auto and home with one company – Most larger companies give better rates to people who have multiple policies with them such as combining an auto and homeowners policy. If you currently are using one company, it’s always a smart idea to check prices from other companies to make sure you are getting the best deal.
- Keep the miles off and save – The more miles you rack up on your Acura each year the higher the price you pay to insure it. A lot of insurance companies calculate prices based upon how the vehicle is primarily used. Cars used primarily for pleasure use receive better premium rates than vehicles that have high annual mileage. It’s a smart idea to ensure your auto insurance coverage correctly shows the correct usage, because improper ratings can cost you money. An incorrectly rated TLX may be costing you.
- Incidental coverages that may not be needed – Insurance policies have a lot of extra add-on coverages that may not really be needed if you don’t pay attention. Coverage for things like roadside assistance, high-cost glass coverage, and additional equipment coverage could be just wasting money. They may sound like good ideas at first, but if you have no use for them remove them and pocket the money.
- Liability insurance claims can be big – The liability coverage on your policy provides coverage if a court rules you are at fault for an accident. Your liability coverage provides for a legal defense to attempt to prove you were not liable. It is affordable coverage when compared with rates for comp and collision, so insureds should have plenty of protection for their assets.
- GPS tracking and theft deterrents reduce premiums – Choosing to buy a car with a theft deterrent system can help lower your rates. Theft prevention devices like tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all help prevent auto theft.
- Battle of the sexes – Over time, data shows that females tend to be a little less risky than males. Now that doesn’t mean men are WORSE drivers than women. Both sexes cause accidents at about the same rate, but guys have costlier accidents. Men also statistically receive more costly citations such as driving while intoxicated (DWI) or driving recklessly. Young men ages 16 to 20 are the most expensive to insure and thus pay the highest rates.
Acura TLX insurance loss data – Companies analyze past claim statistics when they file their rates in each state. Models that the data determines to have increased losses will cost more to insure.
The table shown below demonstrates the loss history for Acura TLX vehicles. For each insurance policy coverage type, the statistical loss for all vehicles, regardless of manufacturer or model, is equal to 100. Percentage numbers below 100 suggest a better than average loss history, while numbers shown that are more than 100 indicate higher probability of having a loss or tendency to have larger claims.
Car Insurance Loss Data for Acura TLX Models Vehicle Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury Acura TLX 4dr 2WD 90 75 97 93 74 77 Acura TLX 4dr 4WD 120 75BETTERAVERAGEWORSE
Empty fields indicate not enough data collected
Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years
Ratings for Kentucky car insurance companies
Ending up with the right car insurance company is difficult considering how many choices drivers have in Kentucky. The ranking data below could help you choose which auto insurance companies to look at shopping your coverage with.
Top 10 Louisville Car Insurance Companies Overall
- Mercury Insurance
- AAA Insurance
- State Farm
- The Hartford
- Safeco Insurance
Top 10 Louisville Car Insurance Companies Ranked by Value
- Mercury Insurance
- American Family
- AAA Insurance
- Safeco Insurance
- The Hartford
- Erie Insurance
- The General
Compare but don’t skimp
People who switch companies do it for a variety of reasons including policy non-renewal, high rates after DUI convictions, policy cancellation or even lack of trust in their agent. Whatever your reason, finding a new insurance company is pretty simple and you could end up saving a buck or two.
Low-cost Acura TLX insurance in Louisville can be bought on the web and with local Louisville insurance agents, and you should be comparing both in order to have the best price selection to choose from. A few companies do not provide the ability to get quotes online and many times these regional carriers only sell through independent agents.
In this article, we covered a lot of tips how to lower your Acura TLX insurance prices in Louisville. The key thing to remember is the more providers you compare, the better chance you’ll have of finding the cheapest Acura TLX rate quotes. Drivers may even discover the lowest prices come from a lesser-known regional company.
Additional detailed information is available at these sites:
- Auto Insurance Basics (Insurance Information Institute)
- What Car Insurance is Cheapest for Uninsured Drivers in Louisville? (FAQ)
- Who Has the Cheapest Car Insurance for a Toyota Camry in Louisville? (FAQ)
- Who Has the Cheapest Car Insurance Quotes for Drivers with a Bad Driving Record in Louisville? (FAQ)
- Who Has Affordable Louisville Auto Insurance Quotes for Nurses? (FAQ)
- Should I Buy a New or Used Car? (Allstate)
- Anti-Lock Brake FAQ (iihs.org)
- State Car Insurance Guides (GEICO)
- New vehicle ratings focus on headlights (Insurance Institute for Highway Safety)