Acura RDX Insurance Rates in Charlotte

A recent NerdWallet.com study revealed that the vast majority of car insurance customers have been with the same company for well over three years, and roughly 40% of drivers have never quoted rates to find lower-cost coverage. Many consumers in Charlotte can save hundreds of dollars each year by just shopping around, but they don’t invest the time required to do a rate comparison.

The recommended way to get budget Acura RDX insurance in Charlotte is to start doing an annual price comparison from insurance carriers in North Carolina. Rates can be compared by following these steps.

1. It will benefit you to learn about how companies set rates and the steps you can take to keep rates in check. Many rating criteria that cause high rates like speeding tickets, careless driving and a poor credit rating can be improved by paying attention to minor details.
2. Obtain price quotes from exclusive agents, independent agents, and direct providers. Direct and exclusive agents can provide rates from one company like GEICO or State Farm, while agents who are independent can provide price quotes from multiple companies.
3. Compare the new quotes to your current policy and see if you can save money. If you find better rates and make a switch, make sure there is no lapse in coverage.
4. Provide proper notification to your current company of your intent to cancel your current policy and submit payment and a signed application for your new policy. Once the application is submitted, keep your new certificate of insurance in an easily accessible location.

A tip to remember is to make sure you enter identical coverage information on each price quote and and to get quotes from as many companies as possible. Doing this provides a fair rate comparison and a thorough price selection.

Charlotte auto insurance discounts

Companies that sell car insurance do not list the complete list of policy discounts in a way that’s easy to find, so the following list contains a few of the more common and also the more inconspicuous auto insurance savings.

• Payment Method – By paying your policy upfront instead of paying each month you may reduce your total bill.
• Accident-Free Discounts – Insureds with no claims or accidents can save substantially as opposed to insureds who have frequent claims or accidents.
• Telematics Data Discounts – Drivers that enable companies to track driving manner through the use of a telematics system like Allstate’s Drivewise may see discounts if they have good driving habits.
• Active Service Discounts – Having a deployed family member may qualify for rate reductions.
• Distant Student Discount – College-age children who are attending college and leave their car at home may qualify for this discount.
• More Vehicles More Savings – Drivers who insure multiple vehicles with the same auto insurance company can reduce the rates for all insured vehicles.
• Discounts for Government Workers – Having worked for a branch of the government could qualify for a slight premium decrease with some auto insurance companies.
• Clubs and Organizations – Having an affiliation with qualifying clubs or civic groups is a simple method to lower premiums on your policy.
• Drive Less and Save – Driving less could earn better premium rates on cars that stay parked.
• Student Driver Training – Make teen driver coverage more affordable by requiring them to complete a driver education course in high school.

Don’t be shocked that most of the big mark downs will not be given to the whole policy. The majority will only reduce individual premiums such as comp or med pay. Despite the appearance that you could get a free auto insurance policy, nobody gets a free ride.

The information below illustrates the comparison of Acura RDX yearly insurance costs with and without discounts applied to the policy premium. The costs are based on a female driver, no driving violations, no at-fault accidents, North Carolina state minimum liability limits, full physical damage coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, multi-policy, multi-car, safe-driver, marriage, and homeowner discounts applied.

Companies and a selection of discounts are:

• Progressive may have discounts that include online signing, multi-vehicle, homeowner, online quote discount, multi-policy, and good student.
• Farmers Insurance offers premium reductions for pay in full, teen driver, switch companies, homeowner, and alternative fuel.
• Farm Bureau discounts include good student, multi-policy, renewal discount, multi-vehicle, driver training, and 55 and retired.
• State Farm includes discounts for Drive Safe & Save, multiple policy, multiple autos, Steer Clear safe driver discount, good driver, accident-free, and defensive driving training.
• GEICO may include discounts for defensive driver, membership and employees, multi-vehicle, seat belt use, and military active duty.
• SAFECO has discounts for safe driver, teen safety rewards, anti-lock brakes, teen safe driver, and multi-car.
• Liberty Mutual policyholders can earn discounts including good student, new graduate, new vehicle discount, new move discount, multi-policy, exclusive group savings, and safety features.

Before buying, ask every prospective company which discounts you qualify for. Some of the discounts discussed earlier might not apply everywhere. To find auto insurance companies with the best Acura RDX insurance discounts in Charlotte, click here to view.

When quoting auto insurance, remember that comparing more prices provides better odds of finding the best rates.

The car insurance companies shown below are ready to provide free quotes in Charlotte, NC. In order to find cheap car insurance in North Carolina, we suggest you visit as many as you can in order to get a fair rate comparison.

Rates and data analysis

The rate table displayed below outlines estimates of coverage costs for Acura RDX models. Being more informed about how rate quotes are established can assist in making smart choices when buying a car insurance policy.

Prices above based on married female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and North Carolina minimum liability limits. Discounts applied include multi-policy, multi-vehicle, claim-free, safe-driver, and homeowner. Price information does not factor in specific zip code location which can alter price quotes significantly.

Raise deductibles and save

When buying car insurance, a common question is which deductible level should you buy. The rates below sum up how much more you’ll pay of buying low and high physical damage coverage deductibles. The first set of rates uses a $100 physical damage deductible and the second price chart uses a $1,000 deductible.

Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, and North Carolina minimum liability limits. Discounts applied include claim-free, homeowner, multi-policy, safe-driver, and multi-vehicle. Rates do not factor in specific garaging location which can influence prices noticeably.

Based on these figures, using a $100 deductible will cost in the ballpark of $27 more each month or $324 annually across all Acura RDX models than selecting the higher $1,000 deductible. Due to the fact that you would have to pay $900 more out-of-pocket with a $1,000 deductible as compared to a $100 deductible, if you usually have more than 33 months between claim filings, you would more than likely save some money by going with a higher deductible.

Full coverage rates vs. liability-only

The diagram below compares Acura RDX auto insurance costs when comparing full coverage to state minimum liability only. Data assumes no violations or accidents, $100 deductibles, single marital status, and no discounts are taken into consideration.

When to stop buying physical damage coverage

There is no exact formula that is best for determining when to drop comprehensive and collision coverage on your policy, but there is a general school of thought. If the yearly cost of full coverage is more than about 10% of the replacement cost minus the deductible, then it might be time to buy liability only.

For example, let’s pretend your Acura RDX claim settlement value is $5,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled in an accident, the most your company will settle for is $4,000 after the policy deductible has been paid. If you are currently paying more than $400 a year for physical damage coverage, then you might consider buying liability only.

There are some cases where dropping full coverage is not in your best interest. If you still have a loan on your vehicle, you have to carry full coverage to protect the lienholder’s interest. Also, if your emergency fund is not enough to purchase a different vehicle in the even your car is totaled, you should not opt for liability only.

Local agents and insurance

Some consumers just want to go talk to an agent and that is a smart decision The biggest benefit of getting free rate quotes online is that you can find the lowest rates and still have a local agent. Buying from and supporting local insurance agencies is definitely important in Charlotte.

To help locate an agent, after submitting this quick form, your insurance data is sent to agents in your area that give free quotes to get your business. You won’t even need to even leave your home due to the fact that quote results will go to you. You can find lower rates and work with a local agent. If you wish to compare prices from a specific insurance provider, don’t hesitate to navigate to their website and give them your coverage information.

If you are wanting to find a good Charlotte insurance agent, you should know the different agency structures to choose from. Insurance agencies in Charlotte are classified as either independent (non-exclusive) or exclusive.

Independent Insurance Agencies

Agents that choose to be independent can sell policies from many different companies and that gives them the ability to insure amongst many companies and find the cheapest rate. To transfer your coverage to a different company, they simply move the coverage in-house and you don’t have to do anything.

When comparing insurance rates, we recommend you include price quotes from multiple independent agents in order to compare the most rates.

Featured below is a partial list of independent agencies in Charlotte that may be able to provide rate quotes.

View more Charlotte agents

Exclusive Insurance Agencies

Exclusive agents can usually just insure with one company and examples are Allstate and State Farm. These agents are unable to compare rates from other companies so it’s a take it or leave it situation. Exclusive insurance agents are usually quite knowledgeable in insurance sales which helps them sell on service rather than price.

The following is a list of exclusive insurance agents in Charlotte willing to provide price quote information.

View more Charlotte agents

Finding a good insurance agent shouldn’t rely on just a cheap price. Any agent in Charlotte should be forthright in answering these questions:

• Is insurance their full-time profession?
• Are they able to influence company decisions when a claim is filed?
• Is the agency covered by Errors and Omissions coverage?
• Are aftermarket or OEM parts used to repair vehicles?
• Does the agent have a valid license to sell insurance in North Carolina?
• If independent agents, which companies do they recommend?
• Will one accident increase rates?

Smart consumers save more

In this article, we covered a lot of information how to shop for Acura RDX insurance online. The key thing to remember is the more price quotes you have, the higher the chance of saving money. Drivers may even discover the lowest premium rates are with the smaller companies. They may have significantly lower prices on certain market segments than their larger competitors like Progressive or GEICO.

While you’re price shopping online, it’s a bad idea to reduce coverage to reduce premium. There have been many situations where drivers have reduced liability limits or collision coverage only to regret at claim time that it was a big mistake. The ultimate goal is to buy the best coverage you can find at the best price, not the least amount of coverage.

Helpful articles

• Winter Driving (Insurance Information Institute)
• Who Has the Cheapest Auto Insurance Rates for Drivers with Accidents in Charlotte? (FAQ)
• Who Has the Cheapest Car Insurance for High Mileage Drivers in Charlotte? (FAQ)
• Who Has Affordable Charlotte Auto Insurance Rates for Welfare Recipients? (FAQ)
• Drunk Driving Statistics (Insurance Information Institute)
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