Cheap 2003 Acura RL Insurance Quotes

I can’t think of anyone who looks forward to buying insurance, in particular when the price is too high.

Insurance companies such as Allstate, Liberty Mutual and State Farm all promote huge savings with TV and radio ads and consumers find it hard to separate fact from fiction and find the best price available.

If you currently have a car insurance policy, you will be able to cut costs considerably using this information. Finding affordable coverage is easy if you know what you’re doing. Although car owners must learn how the larger insurance companies sell online and apply this information to your search.

Fast and Easy Insurance Coverage Quotes

The are a couple different ways to compare rate quotes from different insurance companies. The easiest way to find the cheapest 2003 Acura RL insurance rates is to use the internet to compare rates. This can be done in several different ways.

The first (and easiest) way consumers can make multiple comparisons is a comparison rater form like this one (opens in new window). This form eliminates the need for a different quote for every insurance coverage company. Filling out one form will return price quotes from insurance coverage companies with the best prices.

A different way to compare prices requires a trip to the website for every company you want to comare to request a price quote. For instance, let’s say you want rates from Progressive, Liberty Mutual and Allstate. You would have to visit each site and enter your information, which is why the first method is more popular. For a list of links to insurance companies in your area, click here.

The most time-consuming way of getting rate comparisons is driving around to different agent offices. Buying insurance online has reduced the need for local agents unless you want the trained guidance that only a license agent can provide. You can, however, obtain prices from the web and still use a local agent and you’ll learn how to do that later.

It’s your choice how you get your quotes, but make absolute certain that you use exactly the same quote information for each price quote. If your comparisons have different limits and deductibles on each one it’s not possible to truly determine the lowest rate. Slightly different insurance coverages can make a big difference in price. And when price shopping your coverage, quoting more will enable you to find the best offered rates.

Discounts on 2003 Acura RL insurance

Insurance can be prohibitively expensive, but there could be available discounts that you may not even be aware of. Some discounts apply automatically when you complete an application, but some must be specifically requested before being credited.

  • One Accident Forgiven – A handful of insurance companies allow you one accident without raising rates if you are claim-free for a certain period of time.
  • College Student – Children who attend school more than 100 miles from home and do not have a car can be insured at a reduced rate.
  • Anti-lock Brakes – Vehicles equipped with ABS or steering control can avoid accidents and earn discounts up to 10%.
  • Passive Restraints and Air Bags – Vehicles equipped with air bags or motorized seat belts can qualify for discounts of more than 20%.
  • Lower Rates for Military – Being deployed with a military unit could mean lower rates.
  • Homeowners Savings – Being a homeowner can help you save on insurance coverage because of the fact that having a home is proof that your finances are in order.
  • Early Switch Discount – Some insurance companies reward drivers for switching policies prior to your current policy expiring. It’s a savings of about 10%.
  • No Accidents – Good drivers with no accidents pay much less when compared to drivers who are more careless.
  • Discount for Good Grades – This discount can earn a discount of 20% or more. The good student discount can last until age 25.

It’s important to understand that many deductions do not apply to all coverage premiums. The majority will only reduce the price of certain insurance coverages like liability, collision or medical payments. Just because it seems like all those discounts means the company will pay you, it just doesn’t work that way. But any discount will reduce your overall premium however.

To see a list of insurers who offer insurance coverage discounts, follow this link.

Parts of the Acura RL rate equation

An important part of buying insurance is that you know the factors that go into determining auto insurance rates. Having a good understanding of what controls the rates you pay allows you to make educated decisions that may reward you with lower auto insurance prices.

Listed below are a partial list of the pieces companies use to determine rates.

  • Liability insurance protects assets – Liability coverage provides coverage in the event that a jury decides you are liable for causing damage or personal injury in an accident. It provides for a legal defense which can cost thousands of dollars. Liability is cheap when compared with rates for comp and collision, so drivers should carry high limits.
  • Frequent auto insurance claims increase rates – Companies give better rates to drivers who are claim-free. If you frequently file small claims, you can expect higher rates. Car insurance is designed for the large, substantial claims.
  • Rate your vehicle for proper use – The more you drive in a year’s time the more you will pay for auto insurance. Most insurance companies charge to insure your cars based upon how you use the vehicle. Autos not used for work or commuting get more affordable rates than those used for commuting. If your policy improperly rates your RL can result in significantly higher rates. Ask your agent if your auto insurance policy properly reflects the correct driver usage.
  • Do you need the policy add-ons? – There are a lot of extra bells and whistles that can waste your money on your RL policy. Coverages like vanishing deductibles, accident forgiveness and term life insurance may be costing you every month. These coverages may sound good at first, but if they’re wasting money get rid of them and save.
  • Your location is important – Living in a rural area can save you money when insuring your vehicles. Less people living in that area means fewer accidents and also fewer theft and vandalism claims. Urban drivers regularly have traffic congestion and longer commute times. Higher commute times can result in more accidents.
  • Adjust deductibles and save – Insurance for physical damage to your car, also known as collision and other-than-collision, protects your Acura from damage. Examples of covered claims are collision with another vehicle, collision with an animal, or theft. Your deductibles are the amount of money you are willing to pay before your auto insurance pays a claim. The more money you’re willing to pay, the lower your rates will be for RL insurance.

Tailor your coverage to you

When buying proper insurance coverage for your personal vehicles, there really is no best way to insure your cars. Everyone’s needs are different so your insurance should reflect that For example, these questions may help you determine whether you might need professional guidance.

  • What is the minimum liability in my state?
  • Is my Acura RL covered if I use it for business?
  • Is my 2003 Acura RL covered for flood damage?
  • How do I insure my teen driver?
  • Do I need replacement cost coverage?
  • Does my policy pay for OEM or aftermarket parts?
  • Should I rate my 2003 Acura RL as pleasure use or commute?
  • Does coverage extend to my business vehicle?

If it’s difficult to answer those questions, you may need to chat with an agent. To find an agent in your area, fill out this quick form or click here for a list of auto insurance companies in your area.

Car insurance coverage considerations

Learning about specific coverages of car insurance aids in choosing the best coverages for your vehicles. The terms used in a policy can be impossible to understand and reading a policy is terribly boring. Below you’ll find the usual coverages found on the average car insurance policy.

Insurance for medical payments

Med pay and PIP coverage provide coverage for immediate expenses for things like surgery, EMT expenses, doctor visits and dental work. The coverages can be utilized in addition to your health insurance program or if you are not covered by health insurance. Medical payments and PIP cover you and your occupants and also covers if you are hit as a while walking down the street. PIP is not universally available but can be used in place of medical payments coverage

Collision insurance

Collision insurance pays for damage to your RL resulting from a collision with another car or object. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims like colliding with a tree, scraping a guard rail, colliding with another moving vehicle, sideswiping another vehicle and backing into a parked car. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are 8 years or older. Drivers also have the option to bump up the deductible to bring the cost down.

Uninsured Motorist or Underinsured Motorist insurance

This gives you protection from other drivers when they either are underinsured or have no liability coverage at all. This coverage pays for medical payments for you and your occupants as well as your vehicle’s damage.

Because many people only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. So UM/UIM coverage is important protection for you and your family. Frequently these coverages are identical to your policy’s liability coverage.

Coverage for liability

This coverage will cover damage that occurs to other people or property that is your fault. It protects you from legal claims by others. Liability doesn’t cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see values of 50/100/50 which means a limit of $50,000 per injured person, a total of $100,000 of bodily injury coverage per accident, and $50,000 of coverage for damaged propery. Alternatively, you may have one number which is a combined single limit which provides one coverage limit without having the split limit caps.

Liability coverage protects against things like funeral expenses, medical expenses and legal defense fees. The amount of liability coverage you purchase is your choice, but buy as large an amount as possible.

Comprehensive coverage (or Other than Collision)

This pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for things such as theft, vandalism, a tree branch falling on your vehicle, fire damage and hitting a bird. The maximum amount a car insurance company will pay at claim time is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Don’t be a big spender

When shopping online for car insurance, make sure you don’t buy lower coverage limits just to save a few bucks. There are too many instances where consumers will sacrifice liability limits or collision coverage only to discover later they didn’t have enough coverage. Your focus should be to get the best coverage possible at an affordable rate while not skimping on critical coverages.

The cheapest 2003 Acura RL insurance can be sourced online in addition to many insurance agents, so you should compare both to have the best rate selection. There are still a few companies who do not provide online quoting and most of the time these regional insurance providers sell through independent agents.

In this article, we presented a lot of ways to shop for insurance online. The key concept to understand is the more rate quotes you have, the better likelihood of reducing your rate. You may even discover the biggest savings come from some of the lesser-known companies. Smaller companies can often provide lower rates in certain areas than their larger competitors like State Farm, GEICO and Nationwide.

Additional detailed information can be read by following these links: