How Much Does 1998 Acura NSX Car Insurance Cost?

Expensive car insurance can drain your bank account and make it impossible to make ends meet. Shopping your coverage around is free and is an excellent way to tighten up your finances. With so many insurance companies to choose from, it can be diffult for consumers to find the most affordable insurance company.

It’s a good idea to check car insurance prices once or twice a year since insurance rates fluctuate regularly. Even if you got the lowest price for NSX insurance on your last policy you will most likely find a better rate today. There is too much inaccurate information about car insurance online but with this article, you’re going to get some excellent ideas to find affordable car insurance.

Finding the best rates is easy if you know what you’re doing. If you have a current car insurance policy or are looking for a new policy, you will benefit by learning to reduce the price you pay while maintaining coverages. Drivers only need an understanding of the best way to shop their coverage around online.

Are you getting all your discounts?

Companies offering auto insurance don’t always list every discount in an easy-to-find place, so we researched some of the best known and also the lesser-known discounts you could be receiving. If they aren’t giving you every credit available, you are throwing money away.

  • Sign Early and Save – Select companies give a discount for switching to them before your current policy expires. It can save you around 10%.
  • Auto/Life Discount – Larger companies have lower rates if you buy life insurance from them.
  • Federal Government Employee – Simply working for the federal government can save as much as 8% for NSX insurance with a few auto insurance companies.
  • Bundle and Save – When you have multiple policies with one insurance company you may save up to 20% off your total premium.
  • Senior Discount – If you qualify as a senior citizen, you may qualify for reduced rates for NSX insurance.
  • Defensive Driving Course – Successfully completing a driver safety course can save you 5% or more depending on where you live.
  • New Vehicle Savings – Buying coverage on a new vehicle is cheaper because new vehicles have to meet stringent safety requirements.
  • Air Bag Discount – Factory air bags or automatic seat belts can get savings of more than 20%.

A little note about advertised discounts, most of the big mark downs will not be given to the overall cost of the policy. Most only reduce individual premiums such as comp or med pay. Even though it may seem like all the discounts add up to a free policy, companies don’t profit that way.

For a list of insurers offering auto insurance discounts, follow this link.

Auto Insurance Prices Online

Performing a rate comparison can be challenging if you don’t utilize the fastest way to get free quotes. You could spend your day talking about coverages with insurance companies in your area, or you can stay home and use online quotes for quick rates.

Many insurance companies take part in a program where prospective buyers submit their information once, and each participating company provides a quote determined by their information. This prevents consumers from doing form submissions for each company you want a rate for.

To participate in this free quote system, click here (opens in new window).

The only downside to doing it this way is you don’t know exactly which providers to get quotes from. If you wish to select from a list of companies to compare rates, we have a page of auto insurance companies in your area. Click here to view list.

It’s up to you which method you use, but compare apples-to-apples coverage limits for each comparison quote. If you use different deductibles it will be very difficult to decipher which rate is best.

When might I need an agent?

When buying proper insurance coverage, there is no “perfect” insurance plan. Coverage needs to be tailored to your specific needs so this has to be addressed. Here are some questions about coverages that may help you determine if your situation might need professional guidance.

  • What is UM/UIM insurance?
  • Can I drive in Mexico and have coverage?
  • Is my 1998 Acura NSX covered for flood damage?
  • When can I cancel my policy?
  • Is motorclub coverage worth it?
  • How can I force my company to pay a claim?

If you’re not sure about those questions but you know they apply to you then you might want to talk to a licensed insurance agent. If you don’t have a local agent, fill out this quick form or you can go here for a list of companies in your area. It’s fast, doesn’t cost anything and can help protect your family.

Insurance coverage considerations

Knowing the specifics of insurance helps when choosing appropriate coverage and proper limits and deductibles. Insurance terms can be difficult to understand and nobody wants to actually read their policy. Below you’ll find typical coverages offered by insurance companies.

Comprehensive coverage

Comprehensive insurance coverage pays for damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive can pay for things such as a tree branch falling on your vehicle, damage from flooding and fire damage. The most your insurance company will pay is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Liability coverages

This provides protection from damage that occurs to other people or property that is your fault. This coverage protects you from legal claims by others. It does not 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. As an example, you may have liability limits of 50/100/50 that translate to $50,000 bodily injury coverage, a limit of $100,000 in injury protection per accident, and a total limit of $50,000 for damage to vehicles and property.

Liability insurance covers things like medical services, emergency aid, medical expenses and legal defense fees. How much liability should you purchase? That is your choice, but it’s cheap coverage so purchase as much as you can afford.

Coverage for collisions

This pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You will need to pay your deductible then your collision coverage will kick in.

Collision insurance covers things like sustaining damage from a pot hole, damaging your car on a curb, rolling your car, hitting a parking meter and crashing into a building. Collision is rather expensive coverage, so consider removing coverage from vehicles that are 8 years or older. You can also bump up the deductible to save money on collision insurance.

Medical payments coverage and PIP

Medical payments and Personal Injury Protection insurance kick in for short-term medical expenses for chiropractic care, EMT expenses, X-ray expenses, surgery and ambulance fees. 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 not only the driver but also the vehicle occupants and also covers any family member struck as a pedestrian. PIP coverage is not available in all states and gives slightly broader coverage than med pay

Uninsured/Underinsured Motorist coverage

This gives you protection when other motorists do not carry enough liability coverage. This coverage pays for medical payments for you and your occupants as well as damage to your Acura NSX.

Since a lot of drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. So UM/UIM coverage should not be overlooked.

Buy online or local, you save

Cheap 1998 Acura NSX insurance can be sourced both online as well as from independent agents, and you should be comparing both to have the best selection. Some insurance providers don’t offer the ability to get a quote online and these regional insurance providers work with independent agents.

As you shop your coverage around, it’s very important that you do not skimp on critical coverages to save a buck or two. Too many times, an insured dropped collision coverage and discovered at claim time that the small savings ended up costing them much more. The aim is to buy the best coverage you can find at a price you can afford, not the least amount of coverage.

Much more information about insurance can be read on the following sites: