It’s well known that car insurance companies don’t want you quoting rates from other companies. People who shop around for better prices will probably buy a new policy because there is a significant possibility of finding more affordable rates. A recent survey discovered that people who make a habit of shopping around saved an average of $850 each year as compared to drivers who never shopped around for cheaper prices.
If finding the cheapest price on car insurance is your goal, learning the best ways to find and compare insurance coverage can make shopping around easier.
It takes a little time, but the best way to get the cheapest Acura TSX insurance is to start comparing rates regularly from different companies who provide car insurance in Chandler. You can compare prices by completing these steps.
- Step 1: Spend some time learning about the coverage provided by your policy and the measures you can take to prevent rate increases. Many policy risk factors that are responsible for high rates like at-fault accidents and poor credit history can be eliminated by making lifestyle changes or driving safer.
- Step 2: Get rate quotes from direct carriers, independent agents, and exclusive agents. Direct companies and exclusive agencies can only give rate quotes from a single company like GEICO or State Farm, while independent agents can provide price quotes from multiple sources.
- Step 3: Compare the quotes to your current policy to see if a cheaper price is available in Chandler. If you can save some money, verify that coverage does not lapse between policies.
- Step 4: Provide notification to your current agent or company to cancel the current policy and submit the completed application along with a down payment to the newly selected company. Once coverage is bound, put the proof of insurance paperwork along with your vehicle registration.
The most important part of this process is that you’ll want to make sure you compare the same liability limits and deductibles on each quote request and and to compare as many companies as feasibly possible. Doing this enables an apples-to-apples comparison and plenty of rates choose from.
Save money by taking advantage of discounts
Car insurance is neither fun to buy or cheap, but you might find some hidden discounts to cut the cost considerably. Many of these discounts will be applied automatically at the time you complete a quote, but once in a while a discount must be requested specifically prior to receiving the credit. If you do not check that you are getting every discount you deserve, you are just wasting money.
- Passenger Safety Discount – Factory options such as air bags or automatic seat belts can qualify for discounts as much as 30%.
- Defensive Driver Discounts – Participating in a safe driver class could cut 5% off your bill if your company offers it.
- Professional Organizations – Being in a civic or occupational organization in Chandler can get you a small discount on your policy.
- Use Seat Belts – Drivers who require all vehicle occupants to buckle their seat belts could save 15% off PIP or medical payments premium.
- E-sign Discounts – A few larger online companies will discount your bill up to fifty bucks for buying your policy digitally online.
As a disclaimer on discounts, some of the credits will not apply to the entire cost. Most only cut the price of certain insurance coverages like physical damage coverage or medical payments. So even though you would think you would end up receiving a 100% discount, it doesn’t quite work that way.
The example below illustrates the difference between Acura TSX insurance prices with and without discounts applied. The premium estimates are based on a female driver, no violations or claims, Arizona state minimum liability limits, full physical damage coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, claim-free, multi-car, safe-driver, homeowner, and multi-policy discounts applied.
A list of car insurance companies and their offered discounts include:
- State Farm offers premium reductions for passive restraint, Steer Clear safe driver discount, driver’s education, good student, safe vehicle, and defensive driving training.
- Farmers Insurance has savings for youthful driver, bundle discounts, mature driver, business and professional, electronic funds transfer, teen driver, and multi-car.
- GEICO offers discounts including military active duty, air bags, membership and employees, multi-vehicle, good student, and driver training.
- American Family discounts include multi-vehicle, accident-free, defensive driver, Steer into Savings, TimeAway discount, and early bird.
- Nationwide offers discounts for defensive driving, accident-free, good student, family plan, and Farm Bureau membership.
- Progressive has discounts for online quote discount, online signing, continuous coverage, multi-policy, good student, and homeowner.
If you need lower rates, check with every prospective company which discounts can lower your rates. Some discounts may not apply to policies in Chandler. To see a list of insurance companies with discount car insurance rates in Arizona, click this link.
Getting a more affordable price on insurance is pretty simple and can save money. The only thing you need to do is take the time to compare rate quotes to find out which insurance company has the cheapest Acura TSX rate quotes.
The companies shown below offer price quotes in Chandler, AZ. If you want to find the best cheap car insurance in Arizona, it’s a good idea that you compare several of them to find the most affordable car insurance rates.
Rates and data analysis
The rate information displayed next covers detailed analysis of rate quotes for Acura TSX models. Having a good grasp of how insurance quotes are figured is important to be able to make informed decisions when comparing rates.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| TSX | $286 | $632 | $308 | $18 | $92 | $1,336 | $111 |
| TSX Technology Package | $286 | $632 | $308 | $18 | $92 | $1,336 | $111 |
| Get Your Own Custom Quote Go | |||||||
Premium data assumes single male driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Arizona minimum liability limits. Discounts applied include multi-policy, claim-free, safe-driver, multi-vehicle, and homeowner. Estimates do not factor in vehicle location which can alter insurance rates significantly.
How high should deductibles be?
The hardest decision when buying coverage is which deductibles should you choose. The comparison tables below show the rate difference when you choose different policy deductibles. The first set of rates uses a $100 physical damage deductible and the second set of rates uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| TSX | $292 | $548 | $254 | $16 | $76 | $1,211 | $101 |
| TSX Technology Package | $292 | $548 | $254 | $16 | $76 | $1,211 | $101 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| TSX | $212 | $370 | $254 | $16 | $76 | $928 | $77 |
| TSX Technology Package | $212 | $370 | $254 | $16 | $76 | $928 | $77 |
| Get Your Own Custom Quote Go | |||||||
Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Arizona minimum liability limits. Discounts applied include safe-driver, multi-vehicle, multi-policy, claim-free, and homeowner. Rate information does not factor in vehicle garaging location which can alter auto insurance rates substantially.
Using the data above, we can ascertain that using a $100 deductible costs roughly $24 more each month or $288 every year than selecting the higher $500 deductible. Since you would pay $400 more to file a claim with a $500 deductible as compared to a $100 deductible, if you tend to go at a minimum 17 months between claim filings, you would more than likely save some money if you choose a higher deductible.
Rate difference between full and liability-only coverage
The diagram below shows the difference between Acura TSX auto insurance rates with full physical damage coverage compared to only buying the minimum liability limits required in Arizona. The rates are based on no violations or accidents, $500 deductibles, drivers are single, and no additional discounts are factored in.
When to stop buying comprehensive and collision coverage
There isn’t a steadfast formula that works best for making the decision to drop physical damage coverage on your policy, but there is a general convention. If the annual cost of comprehensive and collision coverage is about 10% or more of the replacement cost of your vehicle minus the policy deductible, then you may want to consider only buying liability coverage.
For example, let’s pretend your Acura TSX settlement value is $3,000 and you have $1,000 physical damage deductibles. If your vehicle is destroyed, the most you would receive is $2,000 after paying your deductible. If it’s costing you more than $200 a year for physical damage coverage, then it could be time to drop full coverage.
There are some cases where buying only liability insurance is not a good plan. If you still have a loan on your vehicle, you have to carry full coverage in order to keep the loan. Also, if your savings is not enough to buy a different vehicle if your current one is totaled, you should not drop full coverage.
How do Insurers Determine Acura TSX Insurance Premiums?
Many things are used in the calculation when you quote your car insurance policy. A few of the factors are predictable such as your driving history, but other factors are more obscure like your vehicle usage or your financial responsibility.
Shown below are a few of the “ingredients” used by companies to determine your premiums.
Guys are more aggressive – Over the last 50 years, statistics have shown that men are more aggressive behind the wheel. It does not mean males are worse at driving than females. Women and men have auto accidents at about the same rate, but males cause more damage and cost insurance companies more money. Men also tend to receive more major tickets such as driving while intoxicated (DWI) or driving recklessly. Male teenagers are most likely to cause an accident so it costs more to insure them.
The information below compares Acura TSX insurance prices for male and female drivers. The data is based on no claims or driving violations, full coverage, $1,000 deductibles, single status, and no additional discounts are factored in.
Physical damage deductibles – Physical damage insurance, termed comprehensive and collision coverage on your policy, covers your vehicle from damage. Some examples of claims that would be covered would be collision with another vehicle, hitting a deer, and having your car stolen. Deductibles for physical damage are the amount of money you are required to spend out-of-pocket before your auto insurance pays a claim. The more you have to pay, the less your auto insurance will be.
Premiums increase with driving tickets – Careful drivers have lower premiums than their less careful counterparts. Just one ticket may increase your cost by as much as thirty percent. Drivers who have received dangerous tickets like hit and run, DWI or reckless driving convictions may be required to file a SR-22 with their state in order to legally drive.
The example below highlights how speeding tickets and at-fault fender-benders can increase Acura TSX car insurance costs for different insured age categories. The rates are based on a married female driver, comprehensive and collision coverage, $100 deductibles, and no other discounts are factored in.
Lower rates for safer vehicles – Cars with high safety ratings can get you lower premiums. Safe vehicles reduce injuries and better occupant protection translates directly to fewer claims which can result in lower premiums. If your Acura TSX scored better than an “acceptable” rating on the Insurance Institute for Highway Safety website you are probably receiving a discount.
Do you really need roadside assistance? – There are quite a few additional extra coverages that can add up if you don’t pay attention. Add-on coverages like rental car coverage, accident forgiveness, and membership fees are probably not needed. You may think they are a good idea when you first buy your policy, but if they’re wasting money think about removing them and cutting costs.
Single drivers take more risk – Your spouse may cut your premiums when buying auto insurance. Having a significant other translates into being more mature and insurance companies like that drivers who are married are more cautious.
High credit rating translates to low rates – Having a bad credit rating will be a significant factor in determining premium rates. Drivers with high credit scores tend to file fewer claims and have better driving records than those with bad credit. If your credit score could use some work, you could save money insuring your Acura TSX by spending a little time repairing your credit.
Shop online but buy locally
Many people prefer to visit with an insurance agent and that can be a smart move Insurance agents will help you protect your assets and will help you if you have claims. The biggest benefit of comparing auto insurance online is you may find lower rates and still choose a local agent. Putting coverage with local insurance agencies is still important in Chandler.
Once you complete this simple form, the quote information is instantly submitted to insurance agents in Chandler that give free quotes for your insurance coverage. You never need to contact an agency due to the fact that quote results will go directly to you. In the event you want to get a price quote from a specific auto insurance provider, feel free to visit that company’s website and give them your coverage information.
If you would like to find a local Chandler insurance agency, you must know there are a couple types of insurance agents and how they function. Agents can be categorized as either independent or exclusive. Both types can do a good job, but it’s worth learning the differences since it can impact buying decisions.
Independent Auto Insurance Agents
These agents are not limited to a single company and that gives them the ability to insure with lots of companies and find you the best rates. If prices rise, an independent agent can move your coverage which is easy for the insured. If you are comparing rate quotes, we recommend you include at a minimum one independent agency to ensure the widest selection of prices. They also have the ability to place coverage with smaller mutual companies that can offer cheaper rates than bigger companies.
Featured below are Chandler independent insurance agencies that may be able to give free price quotes.
- Breinholt Insurance Group, LLC
1600 W Chandler Blvd #150 – Chandler, AZ 85224 – (480) 237-2050 – View Map - Independent Insurance Agent
5165 S Eileen Dr – Chandler, AZ 85248 – (480) 220-7233 – View Map - Parrish Insurance
1256 W Chandler Blvd # G – Chandler, AZ 85224 – (480) 821-1005 – View Map
Exclusive Agencies
Agents that choose to be exclusive write business for a single company such as State Farm, Allstate, or Farmers Insurance. These agents are unable to give you multiple price quotes so you might not find the best rates. Exclusive agents are trained well on sales techniques which helps them sell insurance even at higher premiums. Some consumers prefer to purchase coverage from exclusives partially due to the brand legacy and the convenience of having all coverages with one company.
Listed below are exclusive insurance agents in Chandler that are able to give price quote information.
- Lori Daniels – State Farm Insurance Agent
1969 W Ray Rd #1 – Chandler, AZ 85224 – (480) 892-4100 – View Map - Allstate Insurance: Joe Kittelson
1351 N Alma School Rd Ste 160 – Chandler, AZ 85224 – (480) 545-8877 – View Map - State Farm: Tara Poaletti
300 N Gila Springs Blvd #150 – Chandler, AZ 85226 – (480) 659-5263 – View Map
Picking the best car insurance agent should include more criteria than just a cheap quote. Here are some questions you might want to ask.
- Are there any discounts that you might be missing?
- How often do they review policy coverages?
- What are their preferred companies if they are an independent agency?
- Are glass claims handled on-site or do you have to take your vehicle to a repair shop?
- Is assistance available after office hours?
- Do they see any coverage gaps in your plan?
After receiving satisfactory answers to these questions and a good coverage price, you may have just found an insurance agent that can be trusted to provide auto insurance coverage. But remember, you are able to cancel a policy at any point so don’t think you’re contractually obligated to any specific agency with no way out.
Why do I need car insurance?
Despite the potentially high cost of Acura TSX insurance, buying insurance may be mandatory for several reasons.
- Most states have compulsory liability insurance requirements which means the state requires a specific minimum amount of liability insurance coverage in order to be legal. In Arizona these limits are 15/30/10 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
- If you bought your TSX with a loan, it’s most likely the lender will stipulate that you have comprehensive coverage to ensure loan repayment if the vehicle is totaled. If you default on your policy, the lender will be forced to insure your Acura at an extremely high rate and require you to reimburse them the higher price.
- Insurance preserves your Acura TSX and your assets. It will also cover medical expenses for you, any passengers, and anyone injured in an accident. Liability insurance also covers legal expenses in the event you are sued. If you have damage to your Acura as the result of the weather or an accident, collision and comprehensive (also known as other-than-collision) coverage will cover the repair costs.
The benefits of buying enough insurance definitely exceed the cost, especially with large liability claims. But the average driver in Arizona overpays more than $700 annually so it’s very important to do a rate comparison every year to ensure rates are competitive.
Shop around and save
Some insurance providers do not provide rates over the internet and many times these regional carriers sell through independent agencies. Lower-priced insurance in Chandler can be found on the web in addition to local insurance agencies, and you should compare rates from both in order to have the best chance of saving money.
Throughout this article, we presented a lot of ways to save on Acura TSX insurance in Chandler. The key concept to understand is the more rate quotes you have, the more likely it is that you will get a better rate. Consumers could even find that the best price on insurance is with a company that doesn’t do a lot of advertising.
As you quote Chandler auto insurance, make sure you don’t skimp on coverage in order to save money. There have been many cases where someone dropped physical damage coverage only to regret at claim time that it was a big error on their part. Your goal is to buy a smart amount of coverage for the lowest price, but don’t skip important coverages to save money.
Much more information about insurance in Arizona is located at these links:
- Teen Driver Statistics (Insurance Information Institute)
- Who Has the Cheapest Auto Insurance for Business Use in Chandler? (FAQ)
- Who Has Affordable Car Insurance Rates for Teenage Females in Chandler? (FAQ)
- What Car Insurance is Cheapest for Drivers with Good Credit in Chandler? (FAQ)
- Who Has the Cheapest Auto Insurance Quotes for 16 Year Olds in Chandler? (FAQ)
- How Much is Car Insurance for Welfare Recipients in Chandler? (FAQ)
- How Much are Chandler Car Insurance Quotes for a Toyota Highlander? (FAQ)
- Who Has Affordable Chandler Auto Insurance for Uber Drivers? (FAQ)
- How Much is Auto Insurance for Active Military in Chandler? (FAQ)
- State Laws for Cellphones and Texting (iihs.org)
- Auto Insurance Facts and Statistics (Insurance Information Institute)