Affordable Quotes for Acura TL Insurance in Louisville

Scraping up a payment for overpriced Acura TL insurance in Louisville can deplete your family’s budget and force you to make sacrifices. Shopping your coverage around is an excellent way to lower your bills every month.

Astonishing but true according to a recent study, most insurance customers kept buying from the same company for at least the last four years, and approximately 38% of consumers have never even compared quotes to find cheap rates. Many consumers in Louisville can save hundreds of dollars each year by just shopping around, but they won’t spend time to compare other rate quotes.

Popular companies such as GEICO, 21st Century and Progressive promote their brand names with TV and radio ads and consumers find it hard to ignore the flying pigs and cute green geckos and find the best price available.

Consumers need to get comparison quotes at least once a year since rates are rarely the same from one policy term to another. Just because you found the best rate on Acura TL insurance in Louisville at your last renewal a different company probably has better prices today. You can find a lot of misleading information regarding TL insurance out there, but by reading this article, you’re going to learn some great ways to find cheap insurance in Louisville.

If you currently have a car insurance policy, you will most likely be able to find better prices using these methods. Locating the most cost-effective auto insurance policy in Louisville is not that difficult. But Kentucky drivers can benefit from knowing how insurance companies price online insurance because it can help you find the best coverage.

Six Tips to Get Cheap Louisville Insurance Premiums

Lots of factors are used when quoting car insurance. Some factors are common sense such as your driving record, but some are more transparent such as your credit history or your financial responsibility. It’s important that you understand the different types of things that aid in calculating the level of your policy premiums. If you know what positively or negatively impacts your premiums, this allows you to make educated decisions that can earn you much lower annual insurance costs.

• Premiums are impacted by vehicle performance – The type of car you are buying insurance for makes a huge difference in the rate you pay. Lower cost passenger models usually are quite affordable to insure, but the cost you end up paying is determined by many additional factors.

  The data below uses these variables: single male driver age 40, full coverage with $500 deductibles, and no discounts or violations. It shows Acura TL rates compared to other models that have a range of performance risks.

• Amount of liability protection – Liability insurance is the coverage that protects you in the event that you are ruled to be at fault for causing personal injury or damage in an accident. This coverage provides legal defense which can cost a lot. Liability insurance is quite affordable compared to insuring for physical damage coverage, so do not cut corners here.
• High deductibles save money – Physical damage coverage, also known as collision and other-than-collision, covers your vehicle from damage. Examples of some claims that would be covered would be a dented fender, flood damage, and windstorm damage. Physical damage deductibles tell how much you are willing to pay out-of-pocket if the claim is covered. The higher the amount you choose to pay out-of-pocket, the better rate you will receive.
• Incidental coverages that may not be needed – There are quite a few additional coverages that can waste your money if you aren’t diligent. Coverage for things like coverage for rental cars, high-cost glass coverage, and extra equipment coverage may be wasting your money. They may sound like good ideas initially, but if you’ve never needed them in the past get rid of them and save.
• Low stress employer equals lower rates – Did you know your insurance rates can be affected by your occupation? Careers like doctors, executives, and emergency personnel tend to pay higher average rates because of high stress levels and long work days. Conversely, jobs like actors, students and performers pay the least.

• Accidents are costly – How you drive has a huge affect on how much you pay. Getting just one speeding ticket can increase rates to the point where it’s not affordable. Attentive drivers have lower premiums than their less careful counterparts. Drivers who have gotten flagrant violations like DUI, reckless driving or excessive speeding are required to file a SR-22 with their state’s department of motor vehicles in order to continue driving.

  The diagram below shows how traffic citations and at-fault claims can impact Acura TL insurance prices for each age group. The prices are based on a married female driver, comprehensive and collision coverage, $100 deductibles, and no additional discounts are factored in.

• Insurance losses for an Acura TL – Insurers use past loss statistics for each vehicle as a way to help calculate a profitable premium rate. Models that have increased losses will cost more to insure. The table below illustrates the historical loss data for Acura TL vehicles.

  For each coverage category, the loss probability for all vehicles, regardless of manufacturer or model, equals 100. Numbers below 100 are indicative of better than average losses, while values that are above 100 indicate more frequent claims or tendency to have larger claims.

  
  

  Acura TL Insurance Loss Statistics

  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

  BETTER

  AVERAGE

  WORSE

  Empty fields indicate not enough data collected
  Statistics from IIHS.org for 2013-2015 Model Years

Acura TL insurance analysis

The rate table displayed next covers a range of rate quotes for Acura TL models. Having a good understanding how insurance policy rates are formulated can benefit drivers when making informed purchases.

Table data assumes married female driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Kentucky minimum liability limits. Discounts applied include claim-free, multi-policy, multi-vehicle, safe-driver, and homeowner. Price estimates do not factor in specific garaging location which can raise or lower auto insurance rates noticeably.

Choosing deductibles

When buying auto insurance, a common question is how high should the deductibles for physical damage be. The following tables approximate the differences in price when you choose different policy deductibles. The first table uses a $250 deductible for comprehensive and collision coverage and the second price grid uses a $500 deductible.

Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Kentucky minimum liability limits. Discounts applied include multi-vehicle, multi-policy, safe-driver, claim-free, and homeowner. Table data does not factor in the specific area where the vehicle is garaged which can influence premiums greatly.

Based on the figures above, using a $250 deductible will cost you approximately $15 more each month or $180 every year than opting for the higher $500 deductible. Because you would pay $250 more out-of-pocket with a $500 deductible as compared to a $250 deductible, if you tend to have at a minimum 17 months between claim filings, you would save more money by going with a higher deductible.

The chart below demonstrates how deductibles and can affect Acura TL insurance costs for each different age category. Data assumes a married male driver, comp and collision included, and no additional discounts are factored in.

Score discounts to get cheaper Louisville car insurance quotes

Properly insuring your vehicles can get expensive, but you might find some hidden discounts that can help lower your rates. A few discounts will automatically apply at quote time, but lesser-known reductions have to be specially asked for before you will receive the discount. If you aren’t receiving every discount you deserve, you could be saving more on your car insurance.

• Club Memberships – Belonging to qualifying clubs or civic groups is a good way to get lower rates on your policy.
• Service Members Pay Less – Being on active deployment in the military may qualify for rate reductions.
• Defensive Driver Discount – Successfully completing a course in safe driver could cut 5% off your bill if you qualify.
• Pay Upfront and Save – By paying your entire bill at once rather than paying monthly you can actually save on your bill.
• Discounts for New Vehicles – Putting insurance on a new TL can be considerably cheaper because newer vehicles keep occupants safer.
• Claim Free – Claim-free drivers are rewarded with significantly better rates on Louisville car insurance quote as opposed to policyholders that have many claims.
• Good Driver Discount – Accident-free drivers can pay as much as 50% less as compared to drivers with claims.
• Discount for Passive Restraints – Vehicles with factory air bags can qualify for discounts of 25 to 30%.
• College Student Discount – Youth drivers who are attending college and do not take a car to college may be able to be covered for less.
• Discount for Swiching Early – Select car insurance companies give a discount for switching companies early. It can save you around 10%.

As a sidenote, some of the credits will not apply to all coverage premiums. Most cut the price of certain insurance coverages like liability and collision coverage. Even though the math looks like you can get free auto insurance, car insurance companies aren’t that generous.

The illustration below illustrates the comparison of Acura TL insurance prices with and without discounts. The premiums are based on a male driver, a clean driving record, no at-fault accidents, Kentucky state minimum liability limits, full coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, homeowner, multi-car, marriage, claim-free, and multi-policy discounts applied.

Companies and some of the discounts are included below.

• GEICO may have discounts that include five-year accident-free, multi-policy, defensive driver, anti-lock brakes, and multi-vehicle.
• Auto-Owners Insurance offers premium reductions for paperless, paid in full, company car, good student, mature driver, and teen driver.
• American Family may include discounts for good student, accident-free, good driver, Steer into Savings, mySafetyValet, and early bird.
• Esurance has discounts for anti-lock brakes, online shopper, Pac-12 alumni, anti-theft, paid-in-full, homeowner, and online quote.
• Progressive policyholders can earn discounts including multi-vehicle, multi-policy, continuous coverage, online signing, and homeowner.
• State Farm offers discounts including multiple autos, driver’s education, defensive driving training, safe vehicle, student away at school, and anti-theft.
• AAA offers discounts for pay-in-full, AAA membership discount, good driver, good student, multi-policy, and education and occupation.

When comparing rates, check with every insurance company how many discounts you can get. Some of the discounts discussed earlier may not be available in Louisville. To find insurance companies that provide some of the discounts listed above in Louisville, click here to view.

Shop around and save

You just read some good ideas how to lower your Acura TL insurance premium rates in Louisville. The most important thing to understand is the more companies you get prices for, the better your chances of lowering your prices. You may even find the biggest savings come from some of the smallest insurance companies. These companies may only write in your state and offer lower prices as compared to the big name companies such as Allstate or State Farm.

The cheapest Acura TL insurance in Louisville can be sourced on the web as well as from independent agents in Louisville, so get free Louisville car insurance quotes from both of them in order to have the best price selection to choose from. Some insurance providers do not offer the ability to get quotes online and usually these regional insurance providers provide coverage only through local independent agencies.

Steps to saving on Acura TL insurance in Louisville

If saving the most money is your goal, then the best way to save on Acura TL insurance is to start doing an annual price comparison from different companies in Louisville. You can shop around by following these steps.

1. Take a little time to learn about auto insurance and the steps you can take to drop your rates. Many rating factors that result in higher rates like high-risk driving behaviors and a bad credit rating can be amended by making minor driving habit or lifestyle changes.
2. Compare price quotes from direct, independent, and exclusive agents. Exclusive and direct companies can give quotes from one company like GEICO or Farmers Insurance, while agents who are independent can quote rates from multiple sources.
3. Compare the new rates to your current policy premium to see if a cheaper price is available. If you can save some money and make a switch, make sure there is no lapse in coverage.

The key thing to know about shopping around is to use similar coverage information on each price quote and and to analyze as many different insurance providers as possible. Doing this enables an apples-to-apples comparison and maximum price selection.

For more information, take a look at the following helpful articles:

• Collision Insurance Coverage (Nationwide)
• Who Has Cheap Auto Insurance for Teenage Males in Louisville? (FAQ)
• How Much are Auto Insurance Rates for a Chevrolet Silverado in Louisville? (FAQ)
• Who Has the Cheapest Louisville Car Insurance Quotes for Drivers with a DUI? (FAQ)
• Teen Driver Licensing Information (iihs.org)
• Smart Auto Insurance Tips (Insurance Information Institute)