Cheaper 1998 Acura RL Insurance Quotes

Searching for lower auto insurance rates for your Acura RL? Are you a victim of high-priced auto insurance? Trust us, there are a lot of people just like you who feel imprisoned by their auto insurance policy. Drivers have so many insurers to buy insurance from, and though it is a good thing to have a selection, having more insurers makes it harder to compare rates and cut insurance costs.

Acura RL rates are complex

It’s important that you understand the rating factors that play a part in calculating car insurance rates. Understanding what impacts premium levels empowers consumers to make smart changes that may reward you with better car insurance rates.

Shown below are some of the factors used by your company to calculate rates.

  • Do you need those extra coverages? – There are a ton of extra bells and whistles that you can get tricked into buying on your 1998 RL policy. Coverages for rental car reimbursement, accidental death and additional equipment coverage may be wasting your money. They may seem good when talking to your agent, but now you might not need them so eliminate them to save money.
  • Rates may be higher depending on your occupation – Careers like judges, architects and stock brokers are shown to have the highest rates because of high stress levels and long work days. On the other hand, jobs such as farmers, students and the unemployed pay the least for RL coverage.
  • Where you live is a factor – Choosing to live in a rural area can be a good thing when insuring your vehicles. City drivers regularly have much more traffic and longer commute times. Less people living in that area translates into fewer accidents and a lower car theft rate.
  • An active claims history can cost you – If you are a frequent claim filer, you can look forward to higher rates. Car insurance companies generally give discounts to policyholders who do not rely on their insurance for small claims. Insurance coverage is meant to be used in the event of larger claims.

Lots of discounts mean lots of savings

Car insurance companies do not advertise all their discounts very well, so the following is a list of some of the more common and the more hidden discounts you could be receiving. If you don’t get every credit you deserve, you are paying more than you should be.

  • Sign Online – A few companies will give a small break just for signing your application over the internet.
  • Homeowners Discount – Simply owning a home can help you save on auto insurance because maintaining a house requires personal responsibility.
  • Low Mileage Discounts – Keeping the miles down on your Acura could qualify for lower rates on the low mileage vehicles.
  • Employee of Federal Government – Simply working for the federal government can save as much as 8% for RL coverage depending on your company.
  • Military Rewards – Being deployed with a military unit may qualify for rate reductions.
  • One Accident Forgiven – Certain companies will allow you to have one accident before your rates go up if your claims history is clear for a particular time prior to the accident.
  • Passive Restraints and Air Bags – Vehicles equipped with air bags or motorized seat belts can receive discounts of 20% or more.

As a disclaimer on discounts, many deductions do not apply to the entire policy premium. Most only cut the cost of specific coverages such as comprehensive or collision. So when it seems like you would end up receiving a 100% discount, companies don’t profit that way.

Insurance companies that may have these benefits may include but are not limited to:

Check with every prospective company how you can save money. Some discounts may not be available everywhere.

Slick advertising tricks that work

Consumers get pounded daily by advertisements for the lowest price auto insurance by Progressive, Allstate and GEICO. They all seem to have a common claim that you’ll save big after switching to their company.

How can each company make almost identical claims? It’s all in the numbers.

Insurance companies have a preferred profile for the type of customer they prefer to insure. An example of a profitable customer might be between 30 and 50, has no prior claims, and has a high credit rating. A customer getting a price quote who fits that profile is entitled to the best price and as a result will probably save when switching.

Potential insureds who don’t qualify for the “perfect” profile will have to pay a higher premium which leads to business not being written. The ads state “customers who switch” but not “drivers who get quotes” save that much money. That’s why companies can truthfully advertise the way they do. Because of the profiling, it is so important to get quotes from several different companies. It’s just too difficult to predict which car insurance company will have the lowest Acura RL insurance rates.

Situations that might require an agent

When it comes to choosing the right insurance coverage, there isn’t really a perfect coverage plan. Everyone’s situation is a little different and your policy should reflect that. Here are some questions about coverages that might point out whether or not you may require specific advice.

  • What is high-risk coverage and where do I buy it?
  • Is my trailer covered?
  • Should I rate my 1998 Acura RL as pleasure use or commute?
  • Is other people’s property covered if stolen from my vehicle?
  • Will I be non-renewed for getting a DUI or other conviction?
  • What is UM/UIM insurance?
  • Is business equipment covered while in my vehicle?

If you can’t answer these questions but one or more may apply to you then you might want to talk to an agent. To find an agent in your area, simply complete this short form or click here for a list of car insurance companies in your area. It is quick, free and can provide invaluable advice.

Auto insurance coverage information

Knowing the specifics of your car insurance policy can help you determine which coverages you need at the best deductibles and correct limits. Car insurance terms can be confusing and even agents have difficulty translating policy wording. Below you’ll find typical coverages available from car insurance companies.

Liability insurance – This coverage can cover damages or injuries you inflict on a person or their property in an accident. This insurance protects YOU against claims from other people. It does not cover damage sustained by your vehicle in an accident.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show values of 100/300/100 which stand for $100,000 bodily injury coverage, a per accident bodily injury limit of $300,000, and $100,000 of coverage for damaged propery.

Liability insurance covers things such as repair costs for stationary objects, attorney fees and emergency aid. How much coverage you buy is up to you, but you should buy as much as you can afford.

Comprehensive coverage (or Other than Collision) – Comprehensive insurance will pay to fix damage from a wide range of events other than collision. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for claims like a broken windshield, hitting a deer and damage from flooding. The maximum amount you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Insurance for medical payments – Medical payments and Personal Injury Protection insurance kick in for immediate expenses for pain medications, hospital visits and rehabilitation expenses. They are often used to fill the gap from your health insurance program or if you are not covered by health insurance. Coverage applies to all vehicle occupants as well as any family member struck as a pedestrian. PIP coverage is not universally available and gives slightly broader coverage than med pay

Collision coverages – This coverage pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against things like colliding with another moving vehicle, hitting a mailbox, scraping a guard rail, driving through your garage door and crashing into a ditch. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are older. Drivers also have the option to raise the deductible in order to get cheaper collision rates.

Uninsured Motorist or Underinsured Motorist insurance – This coverage protects you and your vehicle from other drivers when they either have no liability insurance or not enough. Covered claims include injuries sustained by your vehicle’s occupants and also any damage incurred to your 1998 Acura RL.

Since many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is very important.

A fool and his money are soon parted

Throughout this article, we presented many ways to shop for 1998 Acura RL insurance online. The most important thing to understand is the more companies you get rates for, the better chance you’ll have of finding lower rates. You may even discover the lowest premiums are with some of the lesser-known companies. Smaller companies may only write in your state and offer lower rates as compared to the big name companies such as State Farm and Allstate.

Discount insurance is attainable from both online companies in addition to many insurance agents, and you should be comparing both to have the best selection. Some companies do not provide the ability to get a quote online and most of the time these regional insurance providers sell through independent agents.

When you buy insurance online, it’s a bad idea to sacrifice coverage to reduce premiums. There have been many situations where someone dropped full coverage only to discover later that the savings was not a smart move. Your strategy should be to buy enough coverage at a price you can afford while still protecting your assets.

Much more information about car insurance is available at the links below