Cheapest Rates for Acura TL Insurance in Baltimore

Shocking but true, most insurance buyers kept buying from the same company for at least four years, and about 40% of consumers have never even compared rates from other companies. With the average insurance premium being $1,490, Maryland drivers could save about 55% each year just by getting comparison quotes, but they underestimate the big savings they would realize if they moved their coverage to a different company.

To save the most money, the best way to get affordable auto insurance rates is to compare prices once a year from different companies who sell insurance in Baltimore. Drivers can shop around by completing these steps.

1. Read and learn about what is in your policy and the changes you can make to drop your rates. Many policy risk factors that cause rate increases like accidents, traffic tickets, and poor credit history can be rectified by improving your driving habits or financial responsibility. This article gives more information to help find cheaper rates and find available discounts that you may qualify for.
2. Request price quotes from direct, independent, and exclusive agents. Direct companies and exclusive agencies can only quote rates from a single company like GEICO or State Farm, while independent agencies can provide rate quotes for many different companies.
3. Compare the new rate quotes to your existing rates and see if there is a cheaper rate. If you can save some money and change companies, make sure there is no lapse in coverage.
4. Provide notification to your current agent or company to cancel your current auto insurance policy. Submit the completed application along with a down payment for your new coverage. Once the paperwork is finalized, put the proof of insurance paperwork in your vehicle’s glove compartment or console.

An essential thing to point out is to use the same physical damage deductibles and liability limits on every quote and and to get price quotes from as many companies as you can. This helps ensure the most accurate price comparison and a complete rate analysis.

Companies offering Acura TL insurance in Baltimore

The following companies provide free rate quotes in Baltimore, MD. If your goal is to find the best cheap car insurance in Maryland, we suggest you visit as many as you can to get a more complete price comparison.

Acura TL insurance charts and tables

The coverage table displayed below covers different prices for Acura TL models. Having a better idea how car insurance premiums are figured can help drivers make smart choices when purchasing an auto insurance policy.

Data assumes married female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Maryland minimum liability limits. Discounts applied include homeowner, claim-free, safe-driver, multi-vehicle, and multi-policy. Table data does not factor in the specific area where the vehicle is garaged which can influence rates significantly.

Analysis of deductible levels

One of the more difficult decisions when buying auto insurance is which deductible level should you buy. The comparison tables below show the difference in cost when you select higher and lower deductibles. The first rate table uses a $100 comprehensive and collision deductible and the second pricing table uses a $1,000 deductible.

Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Maryland minimum liability limits. Discounts applied include homeowner, safe-driver, multi-vehicle, multi-policy, and claim-free. Price information does not factor in specific zip code location which can decrease or increase price quotes substantially.

We can estimate from the data above that using a $100 deductible will cost you roughly $47 more each month or $564 every year than choosing the higher $1,000 deductible. Since you would have to pay $900 more if you file a claim with a $1,000 deductible as compared to a $100 deductible, if you average at a minimum 19 months between claims, you would most likely save money going with the higher deductible.

Acura TL liability rates compared to full coverage

The example below shows the difference between Acura TL insurance prices with and without physical damage coverage. The premiums assume no violations or claims, $250 deductibles, marital status is single, and no discounts are taken into consideration.

When to drop full coverage

There is no set rule for phasing out full coverage on your policy, but there is a broad guideline. If the yearly cost of full coverage is 10% or more of the replacement cost minus the deductible, then it may be the right time to buy liability only.

For example, let’s say your Acura TL replacement cost is $3,000 and you have $1,000 deductibles. If your vehicle is damaged in an accident, the most your company will settle for is $2,000 after you pay the deductible. If premiums are more than $200 a year for comprehensive and collision coverage, then you may need to consider dropping full coverage.

There are a few cases where buying only liability insurance is not a good idea. If you still owe money on your vehicle, you must maintain physical damage coverage to protect the lienholder’s interest. Also, if you cannot afford to purchase a different vehicle in the event your current vehicle is totaled, you should not buy liability only.

How You Can Control Acura TL Insurance Rates

Lots of things are part of the calculation when you quote your car insurance policy. Some are pretty understandable such as your driving record, although others are less obvious like your continuous coverage or your vehicle rating.

• Better prices on safer cars – Cars with five star safety ratings can get you lower premiums. Safe vehicles reduce the chance of injuries and reduced instances of injuries means less money paid by your insurance company and cheaper rates on your policy.
• Save money by raising coverage deductibles – Comp and collision deductibles represent how much money you are required to spend in the event of a claim. Insurance for physical damage to your car, also called comprehensive and collision insurance, is used to repair damage to your car. Some coverage claims would be a windshield broken by a bird, vandalism, and damage caused by road hazards. The higher the amount you’re willing to pay, the lower your rates will be.

• Better drivers pay less – Even one moving violation can bump up the cost by twenty percent. Drivers who don’t get tickets get better prices compared to drivers with tickets. Drivers unfortunate enough to have serious citations like DUI or willful reckless driving might be required by their state to prove financial responsibility with their state’s licensing department in order to prevent a license revocation.

  The diagram below highlights how traffic violations and accidents impact Acura TL premium costs for different categories of driver ages. The premium estimates are based on a married male driver, full coverage, $500 deductibles, and no discounts are applied to the premium.

• Liability coverage limits on your policy – Your policy’s liability coverage provides coverage when you are found to be at fault for causing damage or personal injury in an accident. It provides legal defense coverage which can be incredibly expensive. This coverage is very inexpensive compared to physical damage coverage, so drivers should carry high limits.
• Pleasure use saves money – The more miles you rack up on your Acura each year the more it will cost to insure it. The majority of insurers calculate rates based upon how you use the vehicle. Cars and trucks that do not get driven very much cost less to insure than those that get driven frequently. An improperly rated TL may be costing you higher rates. It’s always a good idea to double check that your declarations sheet correctly shows annual mileage.

• Acura TL insurance claim data – Insurance companies take into consideration insurance loss statistics for every vehicle when determining insurance rates. Vehicles that historically have higher number or severity of losses will have a higher premium rate. The table below illustrates the actual insurance loss data for Acura TL vehicles.

  For each policy coverage, the statistical loss for all vehicles, regardless of make or model, is represented as 100. Percentage numbers below 100 indicate better than average losses, while percentages above 100 point to more frequent losses or larger claims.

  
  

  Insurance Loss Ratings for Acura TL Vehicles

  Vehicle Make and 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

  BETTER

  AVERAGE

  WORSE

  Empty fields indicate not enough data collected
  Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Don’t overlook these Acura TL insurance discounts

Companies offering auto insurance don’t list all available discounts in a way that’s easy to find, so we took the time to find both well-publicized and the harder-to-find savings tricks you should be using when you buy Baltimore car insurance online.

• Discounts for Seat Belt Usage – Forcing all vehicle occupants to fasten their seat belts can save up to 15% on medical payment and PIP coverage.
• Accident Free – Insureds who avoid accidents and claims are rewarded with significantly better rates on Baltimore car insurance quote as opposed to bad drivers.
• ABS Brakes – Anti-lock brake equipped vehicles can reduce accidents and therefore earn up to a 10% discount.
• Defensive Driver Discounts – Participating in a driver safety course can save you 5% or more depending on where you live.
• Military Discounts – Being deployed in the military could trigger a small discount.
• Passive Restraints and Air Bags – Vehicles with factory air bags and/or automatic seat belt systems may qualify for discounts as much as 30%.
• Discounts for Federal Employees – Federal government employees could qualify for a slight premium decrease with a few car insurance companies.
• Memberships – Belonging to a professional or civic organization may earn a discount on your next car insurance statement.
• Paperless Signup – Certain companies will provide an incentive get Baltimore car insurance on the web.

One thing to note about discounts is that most credits do not apply to the overall cost of the policy. Some only reduce the price of certain insurance coverages like physical damage coverage or medical payments. So even though it sounds like having all the discounts means you get insurance for free, it doesn’t quite work that way.

The chart below shows the difference between Acura TL car insurance rates with and without discounts applied to the policy rates. The rates are based on a male driver, no claims or violations, Maryland state minimum liability limits, full coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, homeowner, multi-car, claim-free, multi-policy, and safe-driver discounts applied.

A list of companies and some of the premium reductions they offer are included below.

• Farm Bureau may include discounts for multi-policy, multi-vehicle, 55 and retired, renewal discount, youthful driver, safe driver, and good student.
• State Farm has savings for anti-theft, defensive driving training, multiple policy, multiple autos, Drive Safe & Save, good driver, and accident-free.
• Progressive may offer discounts for continuous coverage, good student, homeowner, multi-vehicle, online signing, online quote discount, and multi-policy.
• Allstate policyholders can earn discounts including economy car, good student, defensive driver, anti-lock brakes, utility vehicle, and multi-policy.
• Nationwide discounts include easy pay, good student, business or organization, accident-free, multi-policy, family plan, and anti-theft.
• MetLife may have discounts that include good driver, accident-free, defensive driver, claim-free, and multi-policy.

Double check with every company how you can save money. Depending on the company, some discounts may not be offered in every state. If you would like to choose from a list of insurance companies who offer cheap Acura TL insurance quotes in Baltimore, click here.

Comparing rates from local Baltimore auto insurance agents

Many people still like to talk to a local agent and that is OK! One of the great benefits of comparing insurance online is the fact that drivers can get lower rates and still have an agent to talk to. And providing support for local insurance agents is important particularly in Baltimore.

Once you complete this quick form, the quote information is immediately sent to local insurance agents in Baltimore who will give you quotes for your business. You won’t even need to search for an agent due to the fact that quote results will go to the email address you provide. You can most likely find cheaper rates and a licensed agent to work with. If you wish to compare rates from a particular provider, don’t hesitate to visit that company’s website and fill out their quote form.

Pick the best car insurance agent in Baltimore for you

When searching for a local insurance agency, you should know the different types of agencies and how they can quote your rates. Agents in Baltimore are considered either independent agents or exclusive agents depending on their employer.

Independent Insurance Agencies

Agents that choose to be independent do not sell for just one brand and that allows them to write policies with multiple insurance companies enabling the ability to shop coverage around. If they quote lower rates, your policy is moved internally and you don’t have to find a new agent.

If you are comparing rate quotes, you will want to contact independent agents for the best price selection.

The following is a small list of independent agencies in Baltimore that may be able to give free insurance quotes.

View more agents

Exclusive Insurance Agents

Exclusive agents generally can only insure with one company like Farmers Insurance or State Farm. These agents are unable to provide rate quotes from other companies so you might not find the best rates. Exclusive agents are trained well on their company’s products and that enables them to sell even at higher rates.

Shown below are Baltimore exclusive agencies who can help you get comparison quotes.

View more agents

Finding the right auto insurance agent should depend on more than just a cheap quote. The following questions are important to ask.

• Are claim adjusters local or do you have to take your car somewhere else?
• Will the company cover a rental car if your car is getting fixed?
• How long has the business existed?
• Do they offer accident forgiveness?
• Can glass claims be handled at your home?
• Are they full-time agents?
• Do they assist clients in filing claims?

Upon receiving reasonable responses to your questions as well as an affordable premium quote, most likely you have located an auto insurance agent that can be trusted to adequately provide insurance.

Don’t give up on affordable premiums

The cheapest Acura TL insurance in Baltimore is definitely available from both online companies and also from your neighborhood Baltimore agents, so you need to shop Baltimore car insurance with both to have the best chance of lowering rates. Some insurance companies may not provide online quoting and these smaller providers only sell coverage through independent agencies.

In this article, we presented a lot of tips how to shop for Acura TL insurance online. It’s most important to understand that the more rate quotes you have, the better likelihood of getting the cheapest Acura TL rate quotes. You may even discover the lowest priced auto insurance comes from the smaller companies. These companies may only write in your state and offer lower rates than their larger competitors like Progressive and GEICO.

For more information, feel free to browse these articles:

• Car Insurance: When not to Skimp (BankRate.com)
• Who Has Cheap Auto Insurance for Uninsured Drivers in Baltimore? (FAQ)
• Who Has the Cheapest Auto Insurance Quotes for Active Military in Baltimore? (FAQ)
• How Much are Baltimore Auto Insurance Rates for Drivers with Bad Credit? (FAQ)
• Hybrid vehicles cost insurers more (Insurance Institute for Highway Safety)
• Safe Vehicles for Teens (iihs.org)
• Understanding Limits and Deductibles (Allstate)
• Where can I buy Insurance? (Insurance Information Institute)