Best Ways to Save on New Orleans Acura RDX Insurance

The recommended way to get low-cost Acura RDX insurance is to make a habit of comparing prices annually from insurance carriers in New Orleans. You can compare rates by completing these steps.

First, it will benefit you to learn about how your policy works and the measures you can take to prevent high rates. Many things that cause high rates such as traffic citations, accidents, and an unfavorable credit rating can be controlled by making minor changes to your lifestyle.

Second, request rate estimates from independent agents, exclusive agents, and direct companies. Direct and exclusive agents can provide rates from one company like Progressive or Farmers Insurance, while agents who are independent can provide rate quotes for a wide range of companies.

Third, compare the price quotes to your current policy premium to see if a cheaper rate is available in New Orleans. If you find a better price and make a switch, make sure coverage is continuous and does not lapse.

Fourth, notify your company or agent of your intent to cancel your current policy. Submit payment and a signed application to the newly selected company. As soon as coverage is bound, place your new proof of insurance certificate above your visor, in the console, or in the glove compartment.

The key thing to know about shopping around is to make sure you enter the same level of coverage on each quote and and to get rate quotes from as many companies as you can. This guarantees a fair price comparison and a complete price analysis.

It’s an obvious conclusion that car insurance companies don’t want you to look for a cheaper policy. Consumers who shop around will, in all likelihood, move their business because they have good chances of finding discount prices. A recent auto insurance study discovered that consumers who routinely shopped around saved approximately $865 a year compared to policyholders who never compared prices.

If finding the cheapest price on Acura RDX insurance in New Orleans is your intention, then understanding how to shop and compare car insurance can help simplify the task of finding more affordable coverage.

If you have coverage now, you will be able to find better prices using these tips. This article’s goal is to introduce you to the most effective ways to compare rates and how to save the most money. Although Louisiana consumers can benefit by having an understanding of the way insurance companies charge you for coverage because rates are impacted by many factors.

Keep in mind that comparing a wide range of rates helps improve the odds of finding the best price.

The companies in the list below are ready to provide quotes in New Orleans, LA. If you wish to find cheap car insurance in Louisiana, we suggest you compare several of them to get a more complete price comparison.

Analysis of coverages

The coverage information displayed next showcases estimates of prices for Acura RDX models. Being aware of how insurance quotes are established is important for drivers to make decisions when choosing a new policy provider.

Data variables include single male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Louisiana minimum liability limits. Discounts applied include homeowner, claim-free, safe-driver, multi-policy, and multi-vehicle. Estimates do not factor in specific location which can raise or lower auto insurance rates considerably.

Policy deductible comparison

A question often asked by New Orleans drivers is which comprehensive and collision deductibles to buy. The tables below may help you to understand the cost difference when you choose different insurance deductibles. The first rate comparisons uses a $100 physical damage coverage deductible and the second rate chart uses a $1,000 deductible.

Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, and Louisiana minimum liability limits. Discounts applied include multi-policy, safe-driver, multi-vehicle, homeowner, and claim-free. Prices do not factor in garaging location in New Orleans which can decrease or increase coverage prices significantly.

Using the premium rates above, we can conclude that using a $100 deductible costs an average of $49 more each month or $588 annually across all Acura RDX models than selecting the higher $1,000 deductible. Since you would have to pay $900 more out-of-pocket with a $1,000 deductible as compared to a $100 deductible, if you go more than 18 months between claim filings, you would probably come out ahead if you decide on a higher deductible.

Impact of citations and accidents on insurance rates

The chart below demonstrates how citations and fender-benders can drive up Acura RDX car insurance costs for different age groups of insureds. The premiums are based on a married male driver, comprehensive and collision coverage, $500 deductibles, and no other discounts are factored in.

Liability only or full coverage

The chart below illustrates the comparison of Acura RDX insurance rates with and without full coverage. The price estimates are based on no accidents or driving violations, $250 deductibles, single marital status, and no discounts are applied to the premium.

Guidelines for dropping full coverage

There is no set guideline that is best for determining when to drop full coverage, but there is a general convention. If the annual cost of your full coverage insurance is about 10% or more of the replacement cost of your vehicle minus the policy deductible, the it may be a good time to stop paying for full coverage.

For example, let’s pretend your Acura RDX replacement cost is $3,000 and you have $1,000 deductibles. If your vehicle is totaled, the most your company will settle for is $2,000 after you pay the deductible. If you are paying more than $200 annually for your policy with full coverage, then it might be time to consider dropping full coverage.

There are some conditions where buying only liability insurance is not a good idea. If you haven’t satisfied your loan, you are required to maintain full coverage to protect the lienholder’s interest. Also, if you don’t have enough money to buy a different vehicle in the even your car is totaled, you should not buy liability only.

Car insurance is an important decision

Even though New Orleans RDX insurance rates can get expensive, insurance serves an important purpose.

First, most states have mandatory liability insurance requirements which means you are required to buy specific minimum amounts of liability protection if you drive a vehicle. In Louisiana these limits are 15/30/25 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.

Second, if you have a lien on your RDX, almost every bank will require that you have insurance to guarantee their interest in the vehicle. If you do not pay your insurance premiums, the lender may insure your Acura at a much higher premium rate and force you to reimburse them for it.

Third, insurance protects not only your Acura but also your financial assets. It will also reimburse you for many types of medical costs for yourself as well as anyone injured by you. As part of your policy, liability insurance also covers all legal expenses up to the policy limit in the event you are sued. If you have damage to your Acura as the result of the weather or an accident, your car insurance policy will pay to repair the damage minus the deductible amount.

The benefits of insuring your RDX more than cancel out the cost, specifically if you ever have a liability claim. The average driver in America is currently overpaying as much as $850 per year so you should quote rates each time the policy renews to help ensure money is not being wasted.

Auto insurance coverage specifics

Knowing the specifics of a auto insurance policy can help you determine the right coverages for your vehicles. The terms used in a policy can be ambiguous and coverage can change by endorsement.

Liability car insurance

This coverage will cover injuries or damage you cause to other people or property. This insurance protects YOU against claims from other people, and doesn’t cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You commonly see limits of 15/30/25 that means you have a $15,000 limit per person for injuries, a limit of $30,000 in injury protection per accident, and property damage coverage for $25,000. Occasionally you may see one number which is a combined single limit that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability can pay for things such as medical services, legal defense fees, medical expenses and court costs. How much liability coverage do you need? That is up to you, but you should buy higher limits if possible. Louisiana state law requires minimum liability limits of 15/30/25 but you should consider buying more coverage.

The next chart shows why low liability limits may not be high enough to adequately cover claims.

Collision protection

This will pay to fix damage to your RDX resulting from colliding with an object or car. You have to pay a deductible then your collision coverage will kick in.

Collision coverage pays for things like backing into a parked car, colliding with a tree, driving through your garage door, crashing into a building and colliding with another moving vehicle. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are 8 years or older. Another option is to increase the deductible on your RDX to bring the cost down.

Comprehensive coverage

This coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for things such as hitting a deer, falling objects, hitting a bird, a broken windshield and rock chips in glass. The highest amount your auto insurance company will pay is the cash value of the vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.

Uninsured/Underinsured Motorist coverage

Your UM/UIM coverage protects you and your vehicle from other motorists when they either have no liability insurance or not enough. This coverage pays for injuries to you and your family and also any damage incurred to your Acura RDX.

Due to the fact that many Louisiana drivers only carry the minimum required liability limits (15/30/25 in Louisiana), their limits can quickly be used up. For this reason, having high UM/UIM coverages is a good idea. Most of the time these limits are set the same as your liability limits.

Medical payments coverage and PIP

Coverage for medical payments and/or PIP reimburse you for immediate expenses for funeral costs, prosthetic devices, chiropractic care, surgery and rehabilitation expenses. The coverages can be utilized in addition to your health insurance program or if you lack health insurance entirely. Medical payments and PIP cover you and your occupants as well as being hit by a car walking across the street. Personal Injury Protection is not an option in every state and gives slightly broader coverage than med pay

Louisiana auto insurance company ratings

Picking a good quality car insurance company can be challenging considering how many companies sell insurance in Louisiana. The company rank data in the lists below can help you choose which auto insurers to look at when looking for cheaper rates.

Top 10 New Orleans Car Insurance Companies Ranked by Value

1. Mercury Insurance
2. Travelers
3. American Family
4. AAA Insurance
5. Safeco Insurance
6. Progressive
7. The Hartford
8. The General
9. 21st Century
10. Esurance

Top 10 New Orleans Car Insurance Companies Ranked by Customer Service

1. USAA
2. Travelers
3. Mercury Insurance
4. AAA Insurance
5. Nationwide
6. Safeco Insurance
7. Progressive
8. State Farm
9. The Hartford
10. The General