Did you fall for a flashy sales pitch and buy overpriced car insurance? Believe me, you’re not the only one.
Because there are so many different company options, it can be challenging to locate the best provider.
Discounts are basically free money
Companies offering auto insurance don’t always advertise all their discounts in an easy-to-find place, so here is a list both the well known and also the lesser-known savings tricks you should be using.
- Drive Less and Save – Fewer annual miles on your Acura could be rewarded with a substantially lower rate.
- Bundle and Save – If you insure your home and vehicles with the same company you may earn at least 10% off all policies.
- Multiple Cars – Buying insurance for all your vehicles on one policy could earn a price break for each car.
- Safe Driver Discount – Safe drivers may receive a discount up to 45% less for ZDX insurance than drivers with accident claims.
- New Car Discount – Adding a new car to your policy is cheaper due to better safety requirements for new cars.
- Own a Home – Simply owning a home may trigger a car insurance policy discount because of the fact that having a home demonstrates responsibility.
- Resident Student – Any of your kids who are attending college and don’t have a car can be insured at a reduced rate.
It’s important to note that most discount credits are not given to the entire policy premium. A few only apply to the cost of specific coverages such as comp or med pay. Just because it seems like all those discounts means the company will pay you, you’re out of luck.
To see a list of insurers with the best car insurance discounts in Texas, follow this link.
Acura ZDX rates are in the details
An important part of buying insurance is that you know the different types of things that go into determining your car insurance rates. Having a good understanding of what determines base rates helps enable you to make changes that will entitle you to much lower annual insurance costs.
Listed below are a few of the “ingredients” that factor into prices.
- Lower rates with optional equipment – Choosing a vehicle with an alarm system can save you a little every year. Anti-theft features such as LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system can thwart car theft.
- Higher deductibles cost less – Coverage for physical damage, otherwise known as comp (or other than collision) and collision, protects your Acura from damage. Some examples of claims that would be covered would be colliding with a building, damage caused by hail, and burglary. Your deductibles are the amount of money you are required to spend out-of-pocket if you file a covered claim. The more money the insured has to pay upfront, the less your car insurance will be for ZDX insurance.
- Bundling policies can get discounts – Most car insurance companies will award you with lower prices to people who buy several policies from them, otherwise known as a multi-policy discount. If you currently are using one company, you may still want to compare rates to make sure you are getting the best deal. You may still be able to find better rates by buying car insurance from a different company.
- Being married can save on car insurance – Being married can get you a discount on your car insurance policy. Having a significant other translates into being more responsible and it’s proven that drivers who are married are more cautious.
- Do you work long hours in a high stress job? – Did you know your occupation can influence how much you pay for car insurance? Careers like doctors, business owners and dentists tend to have the highest average rates because of high stress and lengthy work days. Other occupations such as farmers, historians and homemakers receive lower rates for ZDX insurance.
Which insurance is the “right” coverage?
When choosing proper insurance coverage for your vehicles, there isn’t really a single plan that fits everyone. Your needs are not the same as everyone else’s so your insurance needs to address that. These are some specific questions can help discover if your situation will benefit from professional help.
- Do I qualify for additional discounts?
- Is my teen driver covered when they drive my company car?
- Is my business laptop covered if it gets stolen from my vehicle?
- Does my insurance cover a custom paint job?
- Do no-fault laws apply in Texas?
- Are all vehicle passengers covered by medical payments coverage?
- Are there companies who specialize in insuring high-risk drivers?
- Do I need medical payments coverage since I have good health insurance?
If you don’t know the answers to these questions but you know they apply to you, then you may want to think about talking to a licensed insurance agent. To find lower rates from a local agent, fill out this quick form or you can go here for a list of companies in your area.
Slick advertising tricks that work
State Farm, GEICO and Progressive regularly use ads in print and on television. All the companies say the same thing that you can save if you move to them. How does each company say the same thing?
Different companies have a preferred profile for the type of driver that earns them a profit. For instance, a driver they prefer could be between 30 and 50, has no tickets, and has a short commute. Any driver that hits that “sweet spot” receives the best rates and as a result will probably save a lot of money.
Consumers who don’t measure up to the requirements will be quoted a higher premium and ends up with business going elsewhere. The ads say “people who switch” but not “drivers who get quotes” save that kind of money. That is how insurance companies can confidently make those claims. This emphasizes why it’s extremely important to get as many quotes as possible. It’s just too difficult to predict the company that will fit your personal profile best.
More Texas car insurance information
Even more information is located at the Texas Department of Insurance website. Consumers can report car insurance fraud, read industry bulletins, and view agent and company licensing information.
These articles may also be worth reading.
Affordable insurance is out there
Low-cost Acura ZDX insurance can be found on the web as well as from independent agents in Texas, and you should be comparing both to have the best chance of lowering rates. Some car insurance companies don’t offer the ability to get a quote online and usually these regional insurance providers provide coverage only through local independent agents.
As you restructure your insurance plan, it’s very important that you do not buy less coverage just to save a little money. In many cases, an accident victim reduced physical damage coverage only to regret at claim time they didn’t have enough coverage. The proper strategy is to get the best coverage possible at a price you can afford while still protecting your assets.