Surprisingly, a recent survey revealed that the vast majority of consumers kept their policy with the same company for four years or more, and nearly 40% of drivers have never compared rates to find lower-cost insurance. Drivers in Greensboro could save as much as 10% a year, but they don’t want to spend time to save money by comparing rate quotes.
If saving the most money is your goal, then the best way to find affordable quotes for Acura TLX insurance is to compare quotes once a year from insurers that sell auto insurance in Greensboro. You can shop around by following these guidelines.
- Spend a few minutes and learn about how insurance works and the things you can control to lower rates. Many policy risk factors that are responsible for high rates such as distracted driving and your credit history can be eliminated by making small lifestyle or driving habit changes.
- Request rate estimates from direct carriers, independent agents, and exclusive agents. Direct companies and exclusive agencies can provide rates from one company like Progressive or Farmers Insurance, while independent agencies can give you price quotes from multiple companies.
- Compare the new rate quotes to the premium of your current policy to see if switching to a new carrier will save money. If you find a lower rate quote and switch companies, make sure there is no coverage gap between policies.
- Give proper notification to your current agent or company to cancel your current auto insurance policy. Submit a down payment and signed policy application to the new insurer. Once received, store the certificate verifying proof of insurance along with your vehicle registration.
One piece of advice is that you’ll want to make sure you compare the same level of coverage on every quote request and and to get price quotes from all possible companies. This provides a level playing field and and a good selection of different prices.
Learn How to Get Insurance More Affordably
The best way to find cheaper insurance is to take a look at some of the things that play a part in calculating the level of your policy premiums. When you understand what impacts premium levels, this allows you to make good choices that can earn you lower rates.
More performance means more cost – The performance level of the car or truck you own makes a substantial difference in your car insurance bill. Smaller low performance passenger models usually have the lowest rates, but the final cost of insurance is determined by many other factors.
Poor credit can mean higher premiums – Your credit score is a big factor in determining your rates. If your credit rating can be improved, you could potentially save money when insuring your Acura TLX by spending a little time repairing your credit. Drivers with very good credit scores tend to file fewer claims and have better driving records than those with lower ratings.
Driver age impacts rates – Mature drivers are proven to be safer behind the wheel, are lower risk to insure, and get fewer tickets. Youthful drivers are statistically shown to be careless and easily distracted when driving with friends so they pay higher insurance rates.
Rates can be impacted by your occupation – Occupational choices like doctors, executives, and financial analysts are shown to have higher premiums than the average policyholder because of intense work requirements and lots of time spent at work. On the other hand, careers like actors, engineers and retirees have the lowest average rates.
Safer vehicles means better prices – Safe vehicles can get you lower premiums. Safe vehicles reduce injuries and better occupant protection translates into savings for insurance companies and lower rates for you.
Gender and auto insurance prices – Over the last 30 years, statistics show that men are more aggressive behind the wheel. However, this does not mean males are worse at driving than females. Both sexes cause fender benders at a similar rate, but the male of the species tend to have higher claims. Men also tend to get cited for more serious violations like DWI (DUI) or reckless driving.
Acura TLX insurance loss data – Insurers analyze claim trends for every vehicle to help determine rates. Vehicles that the data shows to have higher frequency or amount of claims will have increased rates.
The table below shows the actual insurance loss data for Acura TLX vehicles. For each insurance policy coverage type, the loss probability for all vehicles averaged together is considered to be 100. Numbers that are below 100 suggest a positive loss record, while percentages above 100 point to more claims or an increased likelihood of larger losses.
| Specific Acura Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Acura TLX 4dr 2WD | 90 | 75 | 97 | 93 | 74 | 77 |
| Acura TLX 4dr 4WD | 120 | 75 |
Empty fields indicate not enough data collected
Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Best auto insurance company in North Carolina
Finding a high-quality auto insurance provider is hard considering how many different companies there are to choose from in North Carolina. The company information in the next section can help you select which car insurance providers you want to consider comparing rates from.
| Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
|---|---|---|---|---|---|---|
| Travelers | 93 | 98 | 99 | 88% | A++ | 95.1 |
| USAA | 83 | 99 | 100 | 91% | A++ | 94.1 |
| AAA Insurance | 91 | 95 | 92 | 90% | A | 93.3 |
| Nationwide | 85 | 95 | 97 | 89% | A+ | 92.4 |
| Allstate | 77 | 100 | 97 | 88% | A+ | 90.7 |
| State Farm | 80 | 94 | 96 | 88% | A++ | 90.6 |
| The Hartford | 88 | 93 | 91 | 87% | A+ | 90.4 |
| Safeco Insurance | 91 | 95 | 85 | 88% | A | 90.2 |
| Progressive | 88 | 94 | 83 | 88% | A+ | 90.1 |
| American Family | 91 | 86 | 95 | 83% | A | 89.7 |
| Esurance | 86 | 90 | 94 | 90% | A+ | 89.5 |
| The General | 86 | 93 | 89 | 84% | A- | 88.2 |
| GEICO | 79 | 89 | 95 | 87% | A++ | 87.8 |
| Titan Insurance | 86 | 82 | 92 | 86% | A+ | 86.5 |
| 21st Century | 86 | 82 | 90 | 84% | A | 86.4 |
| Liberty Mutual | 79 | 87 | 95 | 78% | A | 85.3 |
| Farmers Insurance | 77 | 80 | 80 | 84% | A | 80.3 |
| Compare Rates Now Go | ||||||
Data Source: Insure.com Best Car Insurance Companies
Insurance savings summarized
Consumers who switch companies do it for many reasons like an unsatisfactory settlement offer, delays in paying claims, being labeled a high risk driver and even delays in responding to claim requests. Regardless of your reason for switching companies, finding a great new company is easier than you think.
The cheapest Acura TLX insurance in Greensboro can be bought from both online companies and from local insurance agents, so you need to quote Greensboro auto insurance with both to get a complete price analysis. Some insurance companies may not provide internet price quotes and these regional carriers work with independent insurance agencies.
When trying to cut insurance costs, don’t be tempted to reduce coverage to reduce premium. In too many instances, an insured cut liability limits or collision coverage only to regret that it was a big error on their part. Your goal is to buy enough coverage at the best possible price and still be able to protect your assets.
For more information, take a look at the following helpful articles:
- Warning systems don’t curb driver distraction (Insurance Institute for Highway Safety)
- What Auto Insurance is Cheapest for a Toyota RAV4 in Greensboro? (FAQ)
- Side Impact Crash Tests (iihs.org)
- Collision Insurance Coverage (Nationwide)