How many times have you put off comparing quotes for cheaper Acura ILX insurance in Raleigh? Locating lower priced Raleigh Acura ILX insurance quotes may be overwhelming for people not familiar with buying insurance online. With more and more companies in the marketplace, how can people have the ability to compare every company to locate the best available price?
A recent NerdWallet.com study revealed that most auto insurance customers kept their policy with the same company for four years or more, and approximately 38% of consumers have never even shopped around for lower-cost coverage. Drivers in North Carolina could save themselves up to 10% a year just by shopping around, but they just don't understand the rate savings if they switched to a cheaper policy.
Get cheaper Acura ILX insurance rates in Raleigh
Companies offering auto insurance do not advertise their entire list of discounts very clearly, so the below list has both the well known and also the lesser-known credits available to you. If you do not double check each discount you deserve, you may be paying too high a price.
- E-sign Discounts - Some larger companies will provide an incentive for signing up over the internet.
- Good Grades Discount - Getting good grades can be rewarded with saving of up to 25%. The good student discount can last up to age 25.
- Discount for Life Insurance - Some insurance companies give a lower rate if you buy some life insurance too.
- Discount for Swiching Early - A few companies give discounts for switching to them prior to your current ILX insurance policy expiring. This can save 10% or more.
- Professional Memberships - Being a member of qualifying clubs or civic groups is a simple method to lower premiums when getting a Raleigh car insurance quote.
One thing to note about discounts is that some credits don't apply to your bottom line cost. Most only apply to specific coverage prices like comp or med pay. So even though they make it sound like having all the discounts means you get insurance for free, that's just not realistic.
For a list of companies that offer many of these discounts in North Carolina, click here to view.
The are a couple different ways to compare quotes from many different North Carolina insurance companies. The fastest way to find the lowest Acura ILX rates is to get quotes online. When quoting auto insurance, remember that comparing more prices helps locate a lower rate than you're paying now.
The companies shown below have been selected to offer comparison quotes in North Carolina. To get cheap auto insurance in North Carolina, we suggest you visit as many as you can to get the most competitive price.
Why Informed Consumers Pay Less for Acura ILX Insurance
Lots of factors are taken into consideration when you get your auto insurance bill. A few of the factors are predictable like your driving record, but other factors are more obscure like your vehicle usage or your financial responsibility.
The factors shown below are a few of the "ingredients" that factor into your premiums.
Bad credit will cost you - An insured's credit history can be a huge factor in determining your rates. If your credit leaves room for improvement, you could save money insuring your Acura ILX by repairing your credit. Insureds with high credit scores tend to be more responsible and file fewer claims than drivers with lower ratings.
Rates increase with driving citations - Your driving record has a huge affect on how much you pay. Even a single ticket may cause rates to rise by twenty percent. Careful drivers tend to pay less for car insurance compared to bad drivers. Drivers with license-revoking violations like DUI or willful reckless driving may be required to submit a SR-22 or proof of financial responsibility with the DMV in their state in order to legally drive a vehicle.
Employer and insurance rates - Did you know your job can affect your rates? Jobs such as military generals, executives, and miners generally pay higher average rates attributed to high stress and incredibly demanding work hours. Other occupations such as farmers, historians and the unemployed have lower than average premiums.
Liability insurance is critical - Liability insurance kicks in when you are found to be at fault for damages caused by your negligence. It will provide you with a defense in court to defend your case. This coverage is very inexpensive compared to other policy coverages, so buy as much as you can afford.
Increase physical damage deductibles to save - Deductibles for physical damage are the amount of money you are required to pay if a covered claim is submitted. Insurance for physical damage, commonly called comprehensive (or other-than-collision) and collision coverage, covers damage that occurs to your car. Some coverage claims could be a windshield broken by a bird, animal collisions, and damage caused by road hazards. The higher the amount the insured is willing to pay, the better rate you will receive.
Being married can lower prices - Having a significant other may cut your premiums compared to being single. Having a spouse generally demonstrates drivers are more mature and statistics prove married drivers tend to have fewer serious accidents.
Does insurance coverage cost more for guys? - Over time, data shows women are more cautious behind the wheel. However, don't assume that females are better at driving than males. Men and women are responsible for fender benders in similar numbers, but the male of the species cause more damage and cost insurance companies more money. In addition to higher claims, males also have more aggressive citations like DUI and reckless driving.
Do you really need to file those insurance claims? - Car insurance companies in North Carolina award the lowest premiums to drivers who file claims infrequently. If you frequently file small claims, you can pretty much guarantee higher premiums or even policy non-renewal. Your car insurance is meant to be used in the event of the large, substantial claims.
Insurance losses for an Acura ILX - Companies take into consideration historical loss data for every vehicle when setting rates for each model. Models that have higher losses will have increased rates. The data below shows the compiled insurance loss statistics for Acura ILX vehicles.
For each policy coverage, the loss probability for all vehicles, regardless of make or model, is considered to be 100. Percentage values below 100 suggest a positive loss record, while values over 100 point to more losses or an increased probability of a larger loss.
|Vehicle Make and Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years
Compare rate quotes but still have a local Raleigh insurance agency
Some people prefer to have an agent's advice and that is a personal choice. The best thing about getting online price quotes is that you can obtain cheap rate quotes and still buy from a local agent.
After completing this form (opens in new window), your insurance data is emailed to agents in your area who will give competitive quotes to get your business. It makes it easy because there is no need to contact any agents since rate quotes are delivered immediately to you. You can find better rates AND a local agent. If you wish to compare rates for a specific company, you can always search and find their rate quote page to submit a rate quote request.
Finding the right provider requires more thought than just a low price. Here are some questions you might want to ask.
- Does the agent recommend any additional coverage?
- Which company do they place the most coverage with?
- Is assistance available after office hours?
- Will they make sure you get an adequate claim settlement?
- Will the agent or a CSR service your policy?
- How is replacement cost determined on your vehicle?
- Does the company have a solid financial rating?
When narrowing the list to find a reliable insurance agency, it can be helpful to understand the types of insurance agents and how they can write your policy. Insurance agents in Raleigh are considered either independent agents or exclusive agents.
Exclusive Insurance Agents
Agents in the exclusive channel can usually just insure with one company like Allstate, Farmers Insurance or State Farm. They usually cannot place coverage with different providers so keep that in mind. Exclusive agents are usually quite knowledgeable on their company's products which aids in selling service over price. Some people will only choose to use a exclusive agent primarily because of the prominent brand name rather than low price.
Below is a short list of exclusive agencies in Raleigh that are able to give comparison quotes.
- Gina Tickle - State Farm Insurance Agent
8212 Creedmoor Rd #101 - Raleigh, NC 27613 - (919) 847-9774 - View Map
- Tom Patterson - State Farm Insurance Agent
805 Spring Forest Rd #1400 - Raleigh, NC 27609 - (919) 954-1340 - View Map
- Lindsay Gianni - State Farm Insurance Agent
12333 Strickland Rd #106 - Raleigh, NC 27613 - (919) 329-2913 - View Map
Agents in the independent channel often have many company appointments so they can insure your vehicles with an assortment of companies and find you cheaper rates. If your premiums go up, they simply switch companies in-house which is easy for the insured. When comparing rate quotes, you will want to include price quotes from a few independent agents in order to compare the most rates. A lot of them also have access to mutual insurance companies that may provide cheaper insurance rates.
Below are independent insurance agencies in Raleigh who can help you get comparison quotes.
- Matt Roberts Agency, Inc.
1151 Falls River Avenue, Suite 105-A - Raleigh, NC 27614 - (919) 845-2999 - View Map
- Young Insurance Associates, Inc
2609 Atlantic Ave #107 - Raleigh, NC 27604 - (919) 322-4186 - View Map
- Blackmon Insurance Agency of North Carolina, Inc.
4280 Louisburg Rd - Raleigh, NC 27604 - (919) 875-8500 - View Map
Choosing the best Acura vehicle insurance in North Carolina is an important decision
Even though it's not necessarily cheap to insure an Acura in Raleigh, buying insurance may be required and benefits you in several ways.
First, just about all states have compulsory liability insurance requirements which means the state requires a specific minimum amount of liability coverage in order to drive the car. In North Carolina 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.
Second, if you have a loan on your Acura ILX, most lenders will force you to have full coverage to protect their interest in the vehicle. If coverage lapses or is canceled, the lender will be forced to insure your Acura at a much higher premium rate and require you to pay the higher premium.
Third, insurance safeguards both your assets and your car. It will also provide coverage for medical transport and hospital expenses for you, any passengers, and anyone injured in an accident. Liability insurance also covers legal expenses if someone files suit against you as the result of an accident. If mother nature or an accident damages your car, your insurance policy will pay to repair the damage.
The benefits of insuring your ILX definitely exceed the cost, especially if you ever need it. According to a recent study, the average American driver overpays as much as $820 a year so compare rate quotes at every renewal to help ensure money is not being wasted.
Frequent quotes can save
When trying to cut insurance costs, don't be tempted to skimp on coverage in order to save money. There are a lot of situations where an accident victim reduced comprehensive coverage or liability limits only to regret at claim time they didn't have enough coverage. The ultimate goal is to purchase plenty of coverage at a price you can afford while not skimping on critical coverages.
Lower-priced Acura ILX insurance in Raleigh can be bought online and with local Raleigh insurance agents, so you should compare both in order to have the best chance of saving money. Some insurance companies do not offer online quoting and these regional insurance providers only sell through independent insurance agencies.
Consumers who switch companies do it for a number of reasons such as being labeled a high risk driver, questionable increases in premium, policy non-renewal and even policy cancellation. Regardless of your reason, switching companies is actually quite simple.
How to save money on Acura ILX insurance in Raleigh
The best way to get budget Acura ILX insurance is to start doing an annual price comparison from providers who provide auto insurance in Raleigh. You can compare rates by completing these steps.
- It will benefit you to learn about what coverages are included in your policy and the steps you can take to drop your rates. Many policy risk factors that cause rate increases like inattentive driving and a less-than-favorable credit rating can be amended by making small lifestyle or driving habit changes.
- Compare price quotes from exclusive agents, independent agents, and direct providers. Direct and exclusive agents can give quotes from one company like GEICO and State Farm, while independent agents can quote rates from multiple sources. View a list of agents
- Compare the new rate quotes to the price on your current policy to see if a cheaper price is available. If you can save some money and make a switch, ensure there is no coverage lapse between policies.
The most important part of shopping around is to try to compare identical deductibles and limits on every quote and and to get quotes from every insurance company. Doing this enables a fair rate comparison and a complete selection of prices.
More detailed insurance information can be read at these sites:
- What is a Telematics Device? (Allstate)
- Who Has Cheap Auto Insurance Quotes for Drivers with Bad Credit in Raleigh? (FAQ)
- How Much is Raleigh Auto Insurance for a Toyota Highlander? (FAQ)
- Who Has the Cheapest Car Insurance Rates for a Ford Focus in Raleigh? (FAQ)
- Who Has Affordable Car Insurance Rates for Drivers with Good Credit in Raleigh? (FAQ)
- Who Has Cheap Auto Insurance for a Dodge Ram in Raleigh? (FAQ)
- Child Safety FAQ (iihs.org)
- Avoiding Deer Collisions (Insurance Information Institute)
- Five Mistakes to Avoid (Insurance Information Institute)
- Understanding Car Crashes Video (iihs.org)