Truthfully, the best way to get budget Acura RLX insurance in Toledo is to make a habit of comparing prices annually from different companies who can sell car insurance in Ohio.
- Take a little time to learn about the different coverages in a policy and the modifications you can make to prevent expensive coverage. Many factors that increase rates such as accidents, traffic violations, and a not-so-good credit history can be remedied by paying attention to minor details.
- Compare prices from direct carriers, independent agents, and exclusive agents. Direct companies and exclusive agencies can provide rates from a single company like GEICO or Allstate, while independent agencies can provide rate quotes from multiple sources.
- Compare the quotes to the premium of your current policy to see if a cheaper price is available in Toledo. If you can save money and switch companies, make sure there is no lapse between the expiration of your current policy and the new one.
- Notify your agent or company to cancel your current coverage and submit a completed application and payment for the new policy. As soon as coverage is bound, keep the new proof of insurance paperwork in a readily accessible location in your vehicle.
A valuable tip to remember is that you’ll want to compare identical deductibles and limits on every quote request and and to get price estimates from as many companies as you can. This ensures an apples-to-apples comparison and a complete price analysis.
It goes without saying that car insurance companies want to keep your business as long as possible. People who rate shop once a year will probably move their business because there is a good chance of finding discount prices. A recent study showed that drivers who regularly shopped around saved over $850 each year compared to those who never compared rates.
If saving the most money on car insurance is why you’re reading this, understanding how to choose a company and compare auto insurance can help simplify the task of finding more affordable coverage.
Learn How to Lower Your Insurance Premiums
Multiple criteria are part of the equation when premium rates are determined. Some of the criteria are obvious like a motor vehicle report, although others are more transparent like where you live and annual miles driven. A large part of saving on auto insurance is knowing some of the factors that go into determining the price you pay for auto insurance. If you have some idea of what determines base rates, this enables informed choices that can help you get cheaper rates.
Does car insurance cost less for gals? – Statistics have proven women are more cautious behind the wheel. It does not mean men are worse drivers. They both are responsible for fender benders in similar percentages, but males tend to have higher claims. Men also get more serious tickets like DUI and reckless driving.
Incidental coverages push up costs – There are many additional coverages that may not really be needed when buying auto insurance. Things like rental car reimbursement, accidental death, and term life insurance are examples of these. These may sound like a good investment when talking to your agent, but your money might be better spent on other coverage so eliminate the coverages to reduce your premium.
Your employer may affect premiums – Occupations like fire fighters, business owners, and accountants tend to pay higher rates than average in part from job stress and extremely grueling work hours. On the flip side, occupations such as farmers, students and performers pay lower than average rates.
Youthful drivers cost more – Drivers with little experience are known to be inattentive and easily distracted when behind the wheel therefore auto insurance rates are much higher. Having to add a inexperienced driver to your auto insurance policy can cause a big jump in price. Older insureds are more responsible, are lower risk to insure, and are safer drivers.
Performance affects insurance premiums – The performance of the car or truck you need to insure makes a huge difference in your premium level. The lowest rates are for lower cost passenger models, but that’s not the only thing that factors into the final price.
Acura RLX claim data – Insurance companies factor in historical loss data when they set coverage costs for each model. Vehicles that historically have higher loss trends will have higher rates for specific coverages. The information below illustrates the actual insurance loss data for Acura RLX vehicles.
For each insurance policy coverage type, the claim probability for all vehicles as a whole equals 100. Values that are under 100 indicate better than average losses, while percentage numbers above 100 indicate higher probability of having a loss or tendency to have larger claims.
| Make and Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Acura RLX 4dr | 128 | 63 | 179 | 82 |
Empty fields indicate not enough data collected
Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
When comparison shopping, having more price comparisons helps increase your odds of locating the best offered rates.
The companies shown below have been selected to offer free quotes in Toledo, OH. If your goal is to find cheap auto insurance in Ohio, it’s highly recommended you click on several of them to get a more complete price comparison.
Auto insurance is not optional
Even though it’s not necessarily cheap to insure an Acura in Toledo, paying for auto insurance is required in Ohio but it also protects you in many ways.
- Most states have compulsory liability insurance requirements which means state laws require a specific minimum amount of liability insurance in order to drive the car legally. In Ohio these limits are 25/50/25 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
- If you have a loan on your RLX, most banks will have a requirement that you buy insurance to guarantee their interest in the vehicle. If coverage lapses or is canceled, the lender may insure your Acura for a lot more money and force you to reimburse them the higher price.
- Insurance protects both your vehicle and your assets. It will also pay for medical transport and hospital expenses for you, your passengers, and anyone else injured in an accident. Liability coverage, the one required by state law, will also pay to defend you if anyone sues you for causing an accident. If you have damage to your Acura as the result of the weather or an accident, comprehensive and collision coverage will pay all costs to repair after the deductible has been paid.
The benefits of having insurance more than offset the price you pay, especially for larger claims. Despite what companies tell you, the average driver overpays as much as $850 per year so smart consumers compare quotes at every renewal to ensure rates are competitive.
Do you qualify for discounts?
Some providers don’t always list the complete list of policy discounts in a way that’s easy to find, so the list below contains a few of the more common as well as the least known credits that you can use to lower your rates.
- Senior Citizens – Drivers over the age of 55 are able to get better auto insurance rates.
- Bundle and Save – If you can bundle your home and auto insurance and insure them with the same company you will save nearly 15% which can help you find inexpensive Acura RLX insurance in Toledo.
- Good Grades Discount – A discount for being a good student could provide a savings of up to 20% or more. The good student discount can last up until you turn 25.
- Federal Employees – Active or former government employment can earn a discount up to 10% with select insurance companies.
- Drive Safe and Save – Insureds who avoid accidents could pay up to 40% less compared to accident prone drivers.
- Theft Deterrent – Cars, trucks, and SUVs that have factory anti-theft systems are stolen with less frequency and can earn a small discount on your policy.
As a footnote on discounts, some of the credits will not apply to the entire policy premium. Some only apply to specific coverage prices like liability, collision or medical payments. Even though the math looks like having all the discounts means you get insurance for free, company stockholders wouldn’t be very happy. But all discounts will cut the cost of coverage.
A few of the larger companies and a partial list of their discounts are detailed below.
- State Farm discounts include good driver, driver’s education, Drive Safe & Save, passive restraint, defensive driving training, and student away at school.
- Progressive offers premium reductions for good student, online quote discount, multi-vehicle, continuous coverage, multi-policy, homeowner, and online signing.
- Progressive policyholders can earn discounts including online signing, homeowner, online quote discount, multi-policy, good student, multi-vehicle, and continuous coverage.
- MetLife includes discounts for claim-free, good driver, accident-free, defensive driver, multi-policy, and good student.
- Farm Bureau has savings for renewal discount, 55 and retired, multi-vehicle, youthful driver, multi-policy, and safe driver.
- GEICO offers discounts including anti-lock brakes, multi-policy, driver training, anti-theft, federal employee, and seat belt use.
- SAFECO may include discounts for drive less, teen safe driver, anti-lock brakes, accident prevention training, bundle discounts, and anti-theft.
If you are trying to find the cheapest Acura RLX rate quotes, ask all the companies which discounts can lower your rates. Discounts might not be offered in your state. If you would like to see a list of insurers that have a full spectrum of discounts in Toledo, click here to view.
Buying from car insurance agents
Some people would rather visit with an insurance agent and that is a smart decision One of the best bonuses of comparing rate quotes online is the fact that you can find cheaper auto insurance rates and still buy from a local agent.
To make it easy to find an agent, after completing this short form, your coverage information is sent to companies in Toledo who will give you bids and help you find cheaper coverage. There is no need to drive around due to the fact that quote results will go to the email address you provide. You can get cheaper car insurance rates without the usual hassles of price shopping. If you need to get a price quote from a specific company, you can always find their quoting web page and fill out their quote form.
Finding the right company requires you to look at more than just a low price. These are some questions your agent should answer.
- Will your rates increase after a single accident?
- Are they able to influence company decisions when a claim is filed?
- What is their Better Business Bureau rating?
- Are they involved in claim handling?
- What is the financial rating for the quoted company?
If you need to find an insurance agent, there are two different types of agents that differ in how they can insure your vehicles. Car insurance agencies can be classified as either independent (non-exclusive) or exclusive.
Exclusive Car Insurance Agencies
These type of agents have only one company to place business with and some examples include Allstate, State Farm and Farm Bureau. They generally cannot compare other company’s rates so always compare other rates. Exclusive insurance agents are highly trained on sales techniques and that can be a competitive advantage.
Below is a list of exclusive insurance agencies in Toledo who can help you get rate quotes.
Allstate Insurance: Yark Insurance Agency
6019 Central Ave b – Toledo, OH 43615 – (419) 842-7660 – View Map
Farmers Insurance – Patrick Hogan
3700 N Holland Sylvania Rd – Toledo, OH 43615 – (419) 517-5579 – View Map
Allstate Insurance: Arrow Dickerson
5415 Monroe St #2a – Toledo, OH 43623 – (419) 841-5017 – View Map
Independent Car Insurance Agencies
Independent insurance agents are not required to write business for one company so they can insure your vehicles with lots of companies enabling the ability to shop coverage around. If they find a cheaper price, the agent simply finds a different carrier which makes it simple for you.
When comparing rates, you will want to compare quotes from a few independent agents to get the best comparison.
The following is a short list of independent agencies in Toledo that can give you price quote information.
Regan Insurance
3034 W Sylvania Ave – Toledo, OH 43613 – (419) 292-0001 – View Map
Bob Burns Insurance and Financial
2229 W Laskey Rd – Toledo, OH 43613 – (419) 471-1950 – View Map
Kranz PJ Insurance Agency
4349 Talmadge Rd – Toledo, OH 43623 – (419) 473-2416 – View Map
How to find a good Ohio car insurance company
Picking a highly-rated auto insurance company can be difficult considering how many companies there are in Toledo. The company information listed below can help you analyze which companies you want to consider purchasing from.
| Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
|---|---|---|---|---|---|---|
| USAA | 99 | 100 | 90 | 92% | A++ | 97.4 |
| 21st Century | 89 | 86 | 100 | 88% | A | 92.7 |
| GEICO | 97 | 91 | 88 | 85% | A++ | 92.5 |
| Nationwide | 88 | 94 | 91 | 88% | A+ | 91.3 |
| AAA Insurance | 93 | 87 | 88 | 87% | A | 90.8 |
| Liberty Mutual | 91 | 91 | 92 | 87% | A | 90.7 |
| Safeco Insurance | 90 | 93 | 88 | 86% | A | 90.2 |
| State Farm | 91 | 94 | 80 | 88% | A++ | 90.2 |
| Travelers | 89 | 91 | 94 | 79% | A++ | 90.1 |
| American Family | 88 | 92 | 83 | 88% | A | 89.4 |
| Titan Insurance | 89 | 91 | 83 | 86% | A+ | 89.3 |
| Allstate | 90 | 90 | 84 | 85% | A+ | 89.1 |
| Progressive | 83 | 85 | 99 | 87% | A+ | 88.7 |
| Erie Insurance | 92 | 90 | 82 | 88% | A+ | 88.5 |
| The Hartford | 87 | 89 | 84 | 87% | A+ | 88 |
| Esurance | 84 | 88 | 85 | 83% | A+ | 86 |
| Farmers Insurance | 79 | 88 | 84 | 87% | A | 84.7 |
| The General | 88 | 80 | 85 | 80% | A- | 84.5 |
| Compare Rates Now Go | ||||||
Data Source: Insure.com Best Car Insurance Companies
One last thing to lower rates
When searching for cheaper Toledo car insurance quotes, never reduce coverage to reduce premium. There are a lot of situations where someone sacrificed liability limits or collision coverage only to find out they didn’t have enough coverage. Your objective should be to buy the best coverage you can find at an affordable rate, not the least amount of coverage.
You just read many tips how you can reduce Acura RLX insurance prices online in Toledo. The most important thing to understand is the more price quotes you have, the more likely it is that you will get a better rate. Consumers could even find that the best price on car insurance is with a smaller regional carrier. Some small companies may often insure only within specific states and give better rates than the large multi-state companies such as GEICO and State Farm.
To learn more, link through to the articles below:
- Information for Teen Drivers (GEICO)
- Who Has the Cheapest Car Insurance Rates for Uber Drivers in Toledo? (FAQ)
- What Insurance is Cheapest for a Ford Fusion in Toledo? (FAQ)
- How Much is Toledo Auto Insurance for 18 Year Olds? (FAQ)
- Who Has Cheap Car Insurance Quotes for Drivers Over Age 50 in Toledo? (FAQ)
- How Much are Toledo Auto Insurance Quotes for a Nissan Altima? (FAQ)
- Who Has the Cheapest Car Insurance Quotes for 17 Year Olds in Toledo? (FAQ)
- Driving in Bad Weather (Insurance Information Institute)
- Electronic Stability Control FAQ (iihs.org)