Searching for better insurance prices for an Acura TL in Texas can normally be a lot of work, but you can learn these tips to make it easier.
There are both good and bad ways to buy insurance so we’re going to tell you the absolute fastest way to get price quotes for a Acura and get the cheapest rates either online or from Austin insurance agents.
Unbelievably, a large majority of drivers kept their coverage with the same insurance company for at least four years, and roughly 40% of drivers have never shopped around. Many consumers in Austin can save hundreds of dollars each year just by comparing rates, but they won’t spend time to find affordable insurance by shopping around.
If you are insured now or are looking for a new policy, take advantage of these tips to get lower rates while maintaining coverages. Obtaining price quotes for the lowest-priced policy in Austin is not as hard as you may think. Vehicle owners only have to learn the most efficient way to get comparison rates from many different companies.
What Determines Acura TL Insurance Costs?
Lots of things are part of the calculation when quoting car insurance. A few of the factors are predictable such as your driving history, although some other factors are less apparent such as your marital status or your vehicle rating.
Vehicle features that lower premiums – Purchasing a vehicle with an alarm system can get you a discount on your car insurance. Systems that thwart thieves like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all hinder vehicle theft.
Lower premiums for vehicles with better crash test results – Safe vehicles tend to be cheaper to insure. Vehicles engineered for safety have better occupant injury protection and reduced instances of injuries translates into savings for insurance companies which can mean better rates for you. If your Acura TL is rated at a minimum four stars on Safercar.gov or an “acceptable” rating on iihs.org you may pay a lower rate.
Pleasure use or commuting – Driving a lot of miles in a year’s time the higher your rate. Most companies charge rates determined by how the vehicle is used. Cars and trucks left parked in the garage can get a lower rate as compared to vehicles used primarily for driving to work. An incorrectly rated TL can result in significantly higher rates. Verify your policy shows the right rating data.
Lower rates for married couples – Having a significant other may cut your premiums compared to being single. It is viewed as being more stable financially and statistics prove married drivers tend to have fewer serious accidents.
Protect yourself with liability – The liability coverage on your policy will provide protection when a court rules you are at fault for physical damage or personal injury to other. Liability provides you with a defense in court to defend your case. It is affordable coverage compared to comp and collision, so drivers should make sure they buy enough to cover all assets.
Responsible credit scores equal low rates – An insured’s credit history factor in your rate calculation. If your credit score can use some improvement, you could pay less to insure your Acura TL if you clean up your credit. Drivers who have good credit tend to be better risks to insure than drivers with lower credit scores.
Insurance losses for an Acura TL – Auto insurance companies use past loss statistics for each vehicle to determine a price that will be profitable for them. Vehicles that the statistics show to have a trend towards higher claim severity or frequency will have higher rates.
The table below shows the insurance loss data for Acura TL vehicles. For each policy coverage type, the statistical loss for all vehicles averaged together is considered to be 100. Percentage numbers below 100 indicate better than average losses, while percentage values above 100 point to more frequent losses or an increased likelihood of larger losses.
Auto Insurance Loss Data for Acura TL Models
|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||75|
Empty fields indicate not enough data collected
Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years
Finding a better price on auto insurance can be relatively painless. All you need to do is spend a few minutes on the computer comparing price quotes to discover which company has affordable Acura TL insurance quotes.
The car insurance companies shown below provide price comparisons in Austin, TX. If several companies are displayed, it’s highly recommended you visit two to three different companies to get the cheapest price.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|TL 3.5 W/Technology Package||$308||$472||$500||$30||$150||$1,460||$122|
|TL 3.7 SH AWD||$256||$486||$358||$22||$108||$1,230||$103|
|TL 3.7 SH W/Technology Package AWD||$410||$988||$514||$30||$154||$2,096||$175|
|Get Your Own Custom Quote Go|
Data assumes single female driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Texas minimum liability limits. Discounts applied include claim-free, safe-driver, multi-vehicle, multi-policy, and homeowner. Premium amounts do not factor in specific location information which can raise or lower auto insurance rates significantly.
Where to set your deductibles
The chart below shows how choosing a deductible and can increase or decrease Acura TL premium costs for different age groups of insureds. Data assumes a single male driver, comprehensive and collision coverage, and no discounts are factored in.
Annual premiums for males compared to females
The information below shows the difference between Acura TL yearly insurance costs for male and female drivers. The premium estimates are based on no driving violations, no at-fault accidents, comprehensive and collision coverage, $100 deductibles, drivers are not married, and no discounts are applied.
How much more does full coverage cost?
The chart below illustrates the comparison of Acura TL insurance rates with and without physical damage coverage. Data assumes no claims or violations, $100 deductibles, single female driver, and no discounts are taken into consideration.
When to drop comprehensive and collision
There is no clear-cut rule of when to eliminate full coverage on your policy, but there is a guideline you can use. If the annual cost of comprehensive and collision coverage is more than 10% of replacement cost minus your deductible, then you might want to consider buying only liability coverage.
For example, let’s assume your Acura TL settlement value is $4,000 and you have $1,000 policy deductibles. If your vehicle is destroyed, you would only receive $3,000 after the policy deductible has been paid. If it’s costing in excess of $300 a year for full coverage, then you may want to consider only buying liability coverage.
There are some scenarios where dropping physical damage coverage is not financially feasible. If you still owe money on your vehicle, you are required to maintain full coverage to satisfy the loan requirements. Also, if you don’t have enough money to buy a different vehicle in the event your current vehicle is totaled, you should not consider dropping full coverage.
Why you need insurance for your TL
Even though it can be expensive, insuring your vehicle is required by state law in Texas and it also provides benefits you may not be aware of.
- Almost all states have minimum mandated liability insurance limits which means state laws require a minimum amount of liability coverage if you drive a vehicle. In Texas these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
- If you bought your vehicle with a loan, it’s guaranteed your bank will have a requirement that you buy insurance to guarantee their interest in the vehicle. If coverage lapses or is canceled, the lender may insure your Acura at a much higher premium rate and force you to pay a much higher amount than you were paying before.
- Insurance protects both your assets and your vehicle. It will also provide coverage for medical transport and hospital expenses for not only you but also any passengers injured in an accident. Liability insurance, one of your policy coverages, will also pay attorney fees if you are sued as the result of your driving. If mother nature or an accident damages your car, collision and comprehensive (also known as other-than-collision) coverage will pay to have it repaired.
The benefits of carrying adequate insurance are without a doubt worth the cost, particularly when you have a large claim. According to a recent study, the average American driver overpays more than $800 each year so shop around each time the policy renews to be sure current rates are still competitive.
Cheaper rates with these discounts
Buying car insurance is not cheap, but there’s a good chance there are discounts to reduce the price significantly. Certain reductions will be credited at quote time, but lesser-known reductions have to be specifically requested prior to getting the savings.
- Senior Citizen Discount – Drivers over the age of 55 can get better car insurance rates.
- Full Payment Discount – If paying your policy premium upfront rather than spreading payments over time you can avoid monthly service charges.
- Telematics Data – Drivers who elect to allow companies to scrutinize driving patterns by using a telematics device in their vehicle like In-Drive from State Farm and Progressive’s Snapshot could possibly reduce rates if they exhibit good driving behavior.
- Passenger Safety Discount – Vehicles equipped with air bags could see savings of 25 to 30%.
- Discount for Life Insurance – If the company offers life insurance, you could get a break if you buy a life policy as well.
- No Charge for an Accident – Not necessarily a discount, but some companies like Progressive, State Farm and GEICO allow you one accident without raising rates if your claims history is clear prior to being involved in the accident.
Don’t be shocked that most discounts do not apply to your bottom line cost. Most only apply to individual premiums such as medical payments or collision. So even though it sounds like you could get a free car insurance policy, it’s just not the way it works. But any discount will help reduce your policy premium.
If you would like to view providers with the best discounts in Austin, click here.
Insurance agencies near you
Many drivers would rather have an agent’s advice and that can be a smart move Licensed agents will help you protect your assets and will help you if you have claims. The biggest benefit of getting free rate quotes online is that drivers can save money and get lower prices and still choose a local agent. Buying insurance from local agents is still important in Austin.
By using this simple form, your insurance data is transmitted to insurance agents in Austin who will give you bids for your insurance coverage. You won’t need to do any legwork due to the fact that quote results will go instantly to you. In the event you want to compare rates from a specific company, just go to their quote page and fill out their quote form.
When looking for a reputable agency, it’s helpful to know the types of agencies and how they function. Agents can be classified as either exclusive or independent agents depending on their company appointments. Either can write insurance policies, but it is a good idea to know how they are different because it can influence your selection of an agent.
Independent Insurance Agencies
Independent agents are not limited to a single company so they have the ability to put coverage amongst many companies and get you the best rates possible. If they find a cheaper price, they simply move the coverage in-house and you don’t have to find a new agent.
When shopping rates, you should always get some free quotes from a few independent agents to have the most options to choose from. A lot of them also have access to different regional companies which could offer lower prices.
The following is a short list of independent insurance agencies in Austin who can help you get cheap rate quotes.
- Southwest Insurance Center
3105 W Slaughter Ln – Austin, TX 78748 – (512) 280-6100 – View Map
- Greater Texas Insurance
9809 Anderson Mill Rd – Austin, TX 78750 – (512) 250-5055 – View Map
- Central Insurance Agency, Inc.
6000 N Lamar Blvd – Austin, TX 78752 – (512) 451-6551 – View Map
Exclusive Insurance Agents
These agents work for only one company and examples are Allstate and State Farm. They generally cannot provide other company’s prices so it’s a take it or leave it situation. Exclusive agents receive a lot of sales training on the products they sell which helps offset the inability to provide other markets. Many people use the same exclusive agent mainly due to the brand name rather than having low rates.
Below is a list of exclusive insurance agents in Austin who can help you get rate quotes.
- Brandy Whiteside – State Farm Insurance Agent
3601 W William Cannon Dr #100 – Austin, TX 78749 – (512) 892-5542 – View Map
- Nancy Callahan – State Farm Insurance Agent
3500 Jefferson St #313 – Austin, TX 78731 – (512) 451-7573 – View Map
- Allstate Insurance: Richard Harper
1807 W Slaughter Ln Ste 400 – Austin, TX 78748 – (512) 292-7410 – View Map
Finding the right insurance agency requires you to look at more than just a low price. Here are some questions you might want to ask.
- Are they able to provide referrals?
- How long have they been in business?
- Will you work with the agent or an assistant?
- Will you get a loaner vehicle if you car is being repaired?
- Is there any savings for paying the full premium?
When to get professional advice
Always remember that when buying adequate coverage for your vehicles, there isn’t really a one-size-fits-all type of policy. Your situation is unique and your auto insurance should unique, too.
For example, these questions may help you determine if you could use an agent’s help.
- Should I have a commercial auto policy?
- Am I covered when delivering products for my home-based business?
- Is my custom stereo system covered?
- What does PIP insurance cover?
- Where can I find high-risk insurance?
- How high should deductibles be on a Acura TL?
- Is a fancy paint job covered?
If it’s difficult to answer those questions but you think they might apply to your situation, then you may want to think about talking to a licensed agent. To find lower rates from a local agent, simply complete this short form or you can also visit this page to select a carrier It is quick, free and you can get the answers you need.
Affordable car insurance premiums are out there
Cheaper car insurance in Austin can be purchased online and with local Austin insurance agents, and you need to price shop both to have the best chance of lowering rates. Some car insurance companies don’t offer the ability to get a quote online and most of the time these small, regional companies provide coverage only through independent agencies.
We just showed you many tips how you can shop for Acura TL insurance online. The key thing to remember is the more you quote Austin car insurance, the higher the chance of saving money. You may even find the lowest auto insurance rates come from some of the lesser-known companies. Some small companies may cover specific market segments cheaper than the large multi-state companies such as Progressive or GEICO.
Additional detailed information is available in these articles:
- When is the Right Time to Switch Car Insurance Companies? (Allstate)
- Who Has the Cheapest Car Insurance for a Nissan Versa in Austin? (FAQ)
- What Auto Insurance is Cheapest for First-time Drivers in Austin? (FAQ)
- Get the Right Protection (InsureUonline.org)
- What Determines the Price of My Auto Insurance Policy? (Insurance Information Institute)
- Speed and Speed Limit FAQ (iihs.org)