Compare 2006 Acura RL Insurance Rates

Overpriced Acura RL insurance can empty your bank account and make it impossible to make ends meet. Shopping your coverage around is a great way to reduce premiums and put more money in your pocket.

Since consumers have many options, it can be hard to find the cheapest car insurance company.

You should make it a habit to compare rates on a regular basis because prices are adjusted regularly by insurance companies. Just because you had the best price for RL insurance a year ago you may be paying too much now. Don’t believe everything you read about car insurance online, so I’m going to show you some great ways to slash your car insurance rates.

Low Cost Insurance Coverage

To find the best insurance coverage prices, there are several ways of comparing rate quotes from local insurance coverage companies. The recommended way to compare 2006 Acura RL insurance prices is to perform an online rate comparison. This can be accomplished using a couple different methods.

  1. The fastest way consumers can analyze rates would be an industry-wide quote request form (click to open form in new window). This method keeps you from doing separate quote forms to each individual insurance coverage company. One simple form gets rate comparisons from insurance coverage companies with the best prices.
  2. A less efficient way to shop for insurance coverage online requires you to visit each company’s website to request a price quote. For examples sake, let’s assume you want rates from Farmers, State Farm and American Family. To get each rate you have to visit each site to enter your coverage information, which is why most consumers use the first method. For a list of links to companies insuring cars in your area, click here.

Whichever method you choose, make absolute certain that you use apples-to-apples coverages and limits on every quote you get. If each company quotes differing limits it will be next to impossible to determine the best price for your Acura RL. Quoting even small variations in coverages may result in large price differences. Just keep in mind that quoting more gives you a better chance of getting better pricing.

Do you qualify for a discount?

Properly insuring your vehicles can get expensive, but there are discounts available to help bring down the price. Most are applied at quote time, but a few need to be requested specifically before you will receive the discount.

  • Seat Belt Usage – Buckling up and requiring all passengers to use a seat belt can save up to 15% off your PIP or medical payments premium.
  • Club Memberships – Participating in a professional or civic organization is a good way to get lower rates on your policy for RL insurance.
  • Discounts for Safe Drivers – Insureds without accidents may receive a discount up to 45% less for RL insurance than less cautious drivers.
  • Service Members Pay Less – Having a family member in the military could be rewarded with lower premiums.
  • Save with a New Car – Insuring a new car can save up to 30% due to better safety requirements for new cars.
  • Discount for Swiching Early – Select companies give a discount for switching policies before your current expiration date. The savings is around 10%.
  • Pay Now and Pay Less – If paying your policy premium upfront instead of paying each month you can actually save on your bill.
  • Anti-lock Brakes – Vehicles equipped with ABS or steering control prevent accidents and qualify for as much as a 10% discount.
  • Senior Discount – Older drivers can possibly qualify for a discount up to 10% for RL insurance.

Consumers should know that most discount credits are not given to the entire cost. Most only reduce specific coverage prices like medical payments or collision. So when it seems like having all the discounts means you get insurance for free, companies wouldn’t make money that way. Any amount of discount will reduce the amount you have to pay.

To see a list of insurance companies with the best insurance discounts, click here.

Parts of the Acura RL rate equation

It’s important that you understand the rating factors that help determine the price you pay for insurance. Having a good understanding of what influences your rates empowers consumers to make smart changes that will entitle you to better insurance rates.

The following are some of the factors used by your company to calculate prices.

  • Lower rates come with age – Mature drivers are more cautious drivers, tend to cause fewer accidents and get fewer tickets. Youthful drivers are known to get distracted easily in a vehicle therefore insurance rates are much higher.
  • Your spouse saves you money – Being married helps lower the price when buying insurance. Having a significant other means you’re more responsible and it’s statistically proven that married couples file fewer claims.
  • The more you drive the more you pay – The more you drive every year the higher your rates will be. Most companies charge to insure your cars based upon how you use the vehicle. Vehicles left parked in the garage get more affordable rates than vehicles that are driven to work every day. Improper usage on your RL can cost quite a bit. Make sure your insurance policy is rated on the correct driver usage.
  • Your car’s features help determine rates – Owning a car that has an advanced theft prevention system can help lower your rates. Theft prevention features like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system can help prevent auto theft.
  • Where you reside plays a part – Living in small towns and rural areas can save you money when buying insurance. Less people living in that area means a lower chance of having an accident. Urban drivers tend to have traffic congestion and longer commute times. Longer commute distances translates into higher accident risk.
  • Do you work long hours in a high stress job? – Careers like real estate brokers, social workers and stock brokers are shown to have the highest rates because of high stress levels and long work hours. On the other hand, jobs such as farmers, students and retirees pay the least for RL insurance.
  • No coverage gaps is important – Having an insurance coverage lapse is a guaranteed way to trigger a rate increase. And not only will your rates increase, getting caught without coverage might get you a hefty fine and possibly a revoked license.

What coverages do I need?

When it comes to choosing the right insurance coverage, there really is no “perfect” insurance plan. Everyone’s situation is unique so your insurance should reflect that Here are some questions about coverages that may help highlight if your insurance needs will benefit from professional help.

  • Is my vehicle covered by my employer’s policy when using it for work?
  • Do I have any recourse if my insurance company denies a claim?
  • Will my insurance pay for OEM parts?
  • Am I covered when driving on a suspended license?
  • Can I get a multi-policy discount for packaging my home and auto coverage?
  • Does my policy cover my teen driver if they drive my company car?
  • Should I file a claim if it’s only slightly more than my deductible?

If you don’t know the answers to these questions, you may need to chat with a licensed agent. To find an agent in your area, simply complete this short form or you can also visit this page to select a carrier

Save $390 a year? Really?

Allstate and Progressive continually stream ads on television and other media. All the companies make an identical promise of big savings after switching to them. How can each company claim to save you money? This is how they do it.

All companies can use profiling for the driver that is profitable for them. For example, a profitable customer could be between the ages of 40 and 55, a clean driving record, and drives less than 7,500 miles a year. Any new insured who fits that profile will qualify for the lowest rates and as a result will probably pay quite a bit less when switching companies.

Potential insureds who do not match the requirements will be quoted a more expensive rate which leads to the driver buying from a lower-cost company. Company advertisements say “customers that switch” not “people who quote” save that much money. That’s why insurance companies can advertise the way they do.

This emphasizes why you absolutely need to get quotes from several different companies. Because you never know which auto insurance company will give you the biggest savings on Acura RL insurance.

Car insurance coverages explained

Having a good grasp of your policy aids in choosing the best coverages for your vehicles. Policy terminology can be difficult to understand and even agents have difficulty translating policy wording. Shown next are typical coverage types available from car insurance companies.

Auto collision coverage

This coverage pays for damage to your RL caused by collision with another car or object. A deductible applies then your collision coverage will kick in.

Collision insurance covers claims like sideswiping another vehicle, damaging your car on a curb, rolling your car and crashing into a ditch. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are older. You can also increase the deductible to save money on collision insurance.

UM/UIM Coverage

This coverage provides protection from other motorists when they either are underinsured or have no liability coverage at all. Covered losses include hospital bills for your injuries as well as your vehicle’s damage.

Because many people carry very low liability coverage limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is important protection for you and your family. Normally these limits are identical to your policy’s liability coverage.

Medical costs insurance

Medical payments and Personal Injury Protection insurance reimburse you for immediate expenses such as nursing services, X-ray expenses, hospital visits and ambulance fees. They are used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. It covers you and your occupants as well as any family member struck as a pedestrian. Personal injury protection coverage is not universally available but it provides additional coverages not offered by medical payments coverage

Comprehensive or Other Than Collision

Comprehensive insurance coverage pays to fix your vehicle from damage that is not covered by collision coverage. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims like falling objects, damage from flooding, hitting a deer, fire damage and theft. 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 not worth carrying full coverage.

Liability auto insurance

This will cover injuries or damage you cause to other people or property that is your fault. It protects you against other people’s claims, and doesn’t cover your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see liability limits of 25/50/25 that translate to $25,000 in coverage for each person’s injuries, a total of $50,000 of bodily injury coverage per accident, and a total limit of $25,000 for damage to vehicles and property. Alternatively, you may have one number which is a combined single limit which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability coverage pays for claims such as emergency aid, medical services, bail bonds and loss of income. The amount of liability coverage you purchase is a personal decision, but buy as high a limit as you can afford.

A little work can save a LOT of money

When buying insurance coverage, make sure you don’t sacrifice coverage to reduce premiums. In many cases, someone dropped liability limits or collision coverage only to regret that the savings was not a smart move. The proper strategy is to buy enough coverage at the best price, not the least amount of coverage.

Cheap 2006 Acura RL insurance can be sourced on the web as well as from independent agents, so you should be comparing quotes from both in order to have the best chance of saving money. Some insurance companies don’t offer the ability to get a quote online and many times these small insurance companies only sell through independent insurance agents.

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