Want to know an easy way to compare lower-priced Acura ILX insurance in Philadelphia? Do you think you bought overpriced Acura ILX insurance in Philadelphia? It's a common feeling and you're not alone.
Unbelievably, over 70% of consumers have purchased from the same company for at least the last four years, and almost half have never even compared rates from other companies. American drivers could pocket up to $860 a year just by getting comparison quotes, but they just don't want to shop around. Lots of auto insurance companies contend for your insurance dollar, so it can be very hard to choose a insurer to find the lowest rate possible on Acura ILX insurance in Philadelphia.
If you're already insured or just want to reduce your rates, follow these tips to get lower rates and still get good coverage. Buying the cheapest auto insurance in Philadelphia is quite easy if you know the best way to do it. You just need to understand the fastest way to shop their coverage around online from multiple companies.
Cheaper Acura ILX insurance in Philadelphia
Car insurance is neither fun to buy or cheap, but there could be significant discounts that could drop your premiums quite a bit. Many discounts should be triggered at quote time, but some discounts are required to be manually applied before you will receive the discount.
- Save with More Vehicles Insured - Purchasing coverage when you have more than one vehicle on a single policy may reduce the rate for each vehicle.
- No Charge for an Accident - This one is not really a discount per se, but some companies like State Farm and GEICO may permit one accident before hitting you with a surcharge as long as you don't have any claims before the accident.
- Low Miles Discount - Driving less could earn slightly better car insurance rates than normal.
- Seat Belts Save - Buckling up and requiring all passengers to buckle their seat belts could save 15% off PIP or medical payments premium.
- Passive Restraints - Vehicles equipped with air bags or automatic seat belts can get savings of more than 20%.
- Anti-theft System - Cars, trucks, and SUVs with anti-theft systems are stolen with less frequency and will save you 10% or more on ILX insurance in Philadelphia.
- Paperless Signup - Certain insurance companies give back up to $50 shop Philadelphia auto insurance digitally online.
You should keep in mind that many deductions do not apply to your bottom line cost. Most only cut the price of certain insurance coverages like comp or med pay. Even though it appears adding up those discounts means a free policy, companies don't profit that way.
Auto insurance companies that may include most of the discounts above include:
When quoting, ask every prospective company which discounts can lower your rates. Discounts might not be available to policyholders everywhere.
Many insurance companies such as Allstate, GEICO and Progressive allow you to get insurance quotes on their websites. Getting online rates for Acura ILX insurance in Philadelphia is quite easy because it's just a matter of typing in your required coverages into the quote form. Upon sending the form, their quoting system orders reports for credit and driving violations and generates pricing information based on the information you submitted. This makes it simple to compare prices and it is imperative to do this if you want to get the most affordable insurance rates.
To compare rates using this form now, consider comparing rates from the companies shown below. If you have a policy now, it's recommended you enter the coverage information exactly as they are listed on your policy. This guarantees you will have a fair comparison for exact coverage.
The companies in the list below provide comparison quotes in Pennsylvania. If multiple providers are shown, it's a good idea that you compare several of them in order to get a fair rate comparison.
Why Informed Drivers Pay Less for Acura ILX Insurance
One of the most helpful ways to save on auto insurance is to to have a grasp of the factors that are used to determine your auto insurance rates. When consumers understand what impacts premium levels, this enables informed choices that can earn you lower auto insurance prices.
The items below are a partial list of the pieces used by companies to determine your rates.
How much liability insurance - The liability section of your policy is the coverage that protects you when you are found to be at fault for causing damage or personal injury in an accident. It will provide you with a defense in court which can cost a lot. Liability insurance is quite affordable compared to insuring for physical damage coverage, so do not skimp.
Traffic violations can increase prices - Even one speeding ticket or other violation can increase rates to the point where it's not affordable. Careful drivers pay less for auto insurance as compared to those with violations. Drivers who have gotten careless violations such as DUI, reckless driving or excessive speeding may find they need to submit a SR-22 or proof of financial responsibility with their state DMV in order to prevent their license from being revoked.
Your employer can affect prices - Occupations like military generals, police officers, and accountants are shown to have higher rates than average because of intense work-related stress and long work hours. On the flip side, careers such as actors, historians and homemakers receive lower rates.
You might get higher rates if you are single - Having a significant other may earn you lower rates when shopping for auto insurance. Marriage usually means you are less irresponsible and statistics prove married couples file fewer claims.
Save mileage and save money - The higher the mileage driven in a year's time the more you will pay for auto insurance. Almost all companies charge rates based upon how the vehicle is primarily used. Cars left parked in the garage receive better premium rates than cars that get driven a lot. Having the wrong rating on your ILX may be costing you. Verify your auto insurance coverage is rated on the proper vehicle usage, because it can save money.
Acura ILX insurance loss statistics - Insurance companies use claims history to help determine rates. Vehicles that historically have a trend towards higher claims will have higher rates for specific coverages.
The next table shows the loss history for Acura ILX vehicles. For each coverage type, the statistical loss for all vehicles compiled together equals 100. Values that are 100 or less suggest a positive loss record, while values over 100 show a trend for more claims or an increased probability of a larger loss.
|Vehicle Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
Statistics from IIHS.org for 2013-2015 Model Years
You are unique and your auto insurance should be too
Always keep in mind that when comparing a policy, there is no cookie cutter policy. Every situation is different so this has to be addressed. For instance, these questions might point out whether your personal situation will benefit from professional help.
- Who sells insurance for high-risk drivers?
- Is other people's property covered if stolen from my vehicle?
- Is a driver training discount available?
- I don't drive much so do I pay less?
- Should I have a commercial auto policy?
- Am I covered when driving a rental car?
- What if I don't agree with a claim settlement offer?
- When should I remove comp and collision on my Acura ILX?
If it's difficult to answer those questions but you think they might apply to your situation then you might want to talk to an insurance agent. If you want to speak to an agent in your area, fill out this quick form or go to this page to view a list of companies. It only takes a few minutes and can provide invaluable advice.
Exclusive or independent auto insurance agents
A lot of people still prefer to visit with an insurance agent and that is OK! Agents can point out coverage gaps and help in the event of a claim. An additional benefit of comparing rate quotes online is the fact that you can find the best rates but also keep your business local. Buying insurance from local agents is important particularly in Philadelphia.
To make it easy to find an agent, after completing this simple form, the quote information gets sent to insurance agents in Philadelphia who will return price quotes for your insurance coverage. You never need to find an agent on your own because quoted prices will be sent to you. If for some reason you want to get a comparison quote for a specific company, you just need to go to their quote page and fill out their quote form.
Choosing an company is decision based upon more than just a cheap quote. These are some valid questions you should ask.
- Are claim adjusters local or do you have to take your car somewhere else?
- How are claims handled?
- How much training do they have in personal risk management?
- Will you get a loaner vehicle if you car is being repaired?
- Will one accident increase rates?
- Do you qualify for any additional discounts?
- Does the quote include credit and driving reports?
Once you have received good answers to these questions as well as an affordable premium quote, you've probably found an insurer that will service your policy. Just remember you have the power to cancel coverage whenever you choose to so don't think you're contractually obligated to any specific agency for the full policy term.
Why you need to buy insurance
Despite the high cost, buying insurance is not optional due to several reasons.
First, most states have minimum liability requirements which means the state requires a specific minimum amount of liability in order to get the vehicle licensed. In Pennsylvania these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.
Second, if you have a lien on your vehicle, almost all lenders will require that you buy full coverage to guarantee loan repayment. If you cancel or allow the policy to lapse, the bank will be required to insure your Acura at a more expensive rate and require you to reimburse them for the much more expensive policy.
Third, insurance protects not only your Acura but also your financial assets. It will also provide coverage for medical transport and hospital expenses for both you and anyone you injure as the result of an accident. Liability coverage also covers legal expenses if someone files suit against you as the result of an accident. If damage is caused by hail or an accident, comprehensive and collision coverage will pay all costs to repair after the deductible has been paid.
The benefits of having insurance definitely exceed the price paid, especially for larger claims. An average driver in America overpays more than $830 a year so you should quote and compare rates at every renewal to ensure rates are inline.
In this article, we covered a lot of techniques to lower your Acura ILX insurance prices in Philadelphia. The most important thing to understand is the more providers you compare, the better your chances of lowering your rates. You may even be surprised to find that the lowest prices are with a lesser-known regional company. Regional companies may have significantly lower rates on certain market segments as compared to the big name companies such as Allstate or State Farm.
When shopping online for auto insurance, never skimp on critical coverages to save a buck or two. There are too many instances where an insured cut liability coverage limits and discovered at claim time they didn't have enough coverage. The proper strategy is to buy enough coverage for the lowest cost while not skimping on critical coverages.
Lower-priced Acura ILX insurance in Philadelphia is available both online in addition to local insurance agencies, and you should compare rates from both so you have a total pricing picture. Some insurance providers may not provide online rate quotes and these small, regional companies work with independent agents.
For more information, take a look at the following helpful articles:
- Older Drivers FAQ (iihs.org)
- Who Has Affordable Car Insurance for Business Use in Philadelphia? (FAQ)
- Who Has the Cheapest Philadelphia Auto Insurance for Unemployed Drivers? (FAQ)
- Who Has Cheap Car Insurance Quotes for a Dodge Ram in Philadelphia? (FAQ)
- Rental Reimbursement Coverage (Allstate)
- How do I File a Claim? (Insurance Information Institute)
- Uninsured Motorists: Threats on the Road (Insurance Information Institute)