I can’t think of a single person who likes paying for insurance, especially when the price is too high. Since consumers have many companies to choose from, it’s nearly impossible to choose the right company.
Insuring your fleet can be pricey, buy you may qualify for discounts to help bring down the price. Some discounts apply automatically when you quote, but some may not be applied and must be asked about before being credited. If they aren’t giving you every credit possible, you are throwing money away.
A little note about advertised discounts, most discounts do not apply to the entire cost. Most only reduce specific coverage prices like liability, collision or medical payments. So even though it sounds like it’s possible to get free car insurance, companies don’t profit that way. But all discounts will help reduce the cost of coverage.
For a list of insurers who offer auto insurance discounts, click here.
When it comes to buying adequate coverage, there really is no one size fits all plan. Everyone’s situation is a little different so your insurance needs to address that. For instance, these questions might help in determining whether you might need an agent’s assistance.
If it’s difficult to answer those questions but one or more may apply to you, you might consider talking to an insurance agent. If you don’t have a local agent, simply complete this short form or go to this page to view a list of companies. It is quick, free and may give you better protection.
Understanding the coverages of your car insurance policy helps when choosing which coverages you need and the correct deductibles and limits. Car insurance terms can be impossible to understand and nobody wants to actually read their policy. These are the normal coverages offered by car insurance companies.
Auto liability insurance
This protects you from damage that occurs to other people or property that is your fault. Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You commonly see liability limits of 100/300/100 that translate to $100,000 bodily injury coverage, $300,000 for the entire accident, and a total limit of $100,000 for damage to vehicles and property. Another option is one limit called combined single limit (CSL) which provides one coverage limit rather than limiting it on a per person basis.
Liability coverage protects against things like medical services, repair bills for other people’s vehicles, loss of income, structural damage and emergency aid. How much coverage you buy is a decision to put some thought into, but consider buying as much as you can afford.
Comprehensive coverage
Comprehensive insurance coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and then insurance will cover the rest of the damage.
Comprehensive insurance covers claims like falling objects, damage from a tornado or hurricane and damage from flooding. The maximum payout you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle’s value is low consider dropping full coverage.
Medical payments coverage and PIP
Personal Injury Protection (PIP) and medical payments coverage pay for bills like nursing services, pain medications, dental work, surgery and X-ray expenses. The coverages can be used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. They cover all vehicle occupants as well as being hit by a car walking across the street. Personal Injury Protection is only offered in select states but can be used in place of medical payments coverage
Uninsured/Underinsured Motorist coverage
Uninsured or Underinsured Motorist coverage gives you protection from other drivers when they are uninsured or don’t have enough coverage. This coverage pays for injuries sustained by your vehicle’s occupants and damage to your Acura CL.
Since many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is very important. Usually these coverages are similar to your liability insurance amounts.
Collision coverage protection
Collision coverage covers damage to your CL resulting from colliding with an object or car. You have to pay a deductible and the rest of the damage will be paid by collision coverage.
Collision insurance covers things like colliding with another moving vehicle, colliding with a tree, damaging your car on a curb and hitting a mailbox. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from older vehicles. You can also raise the deductible in order to get cheaper collision rates.
We just covered some good ideas how to reduce 2001 Acura CL insurance prices online. It’s most important to understand that the more companies you get rates for, the better likelihood of reducing your rate. Consumers may even find the best price on insurance coverage is with a smaller regional carrier. They can often provide lower rates in certain areas than their larger competitors like State Farm and Allstate.
When buying insurance coverage, make sure you don’t buy lower coverage limits just to save a few bucks. There have been many cases where someone sacrificed comprehensive coverage or liability limits and found out when filing a claim that the few dollars in savings costed them thousands. The aim is to purchase plenty of coverage at an affordable rate while not skimping on critical coverages.
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