Acura recently unveiled their popular compact sedan, the Acura ILX, with an advanced Compatibility Engineering body structure designed to distribute forces in frontal collisions more evenly, potentially helping lower insurance rates.
Additionally, they provide crash prevention technologies that could potentially lower insurance premiums even further; however, many factors influence car insurance costs.
Coverage
As with any car, your coverage choice can have an effect on insurance costs. Acura ILX models come equipped with various options that enable you to tailor a policy specifically tailored to meet your needs and budget.
On average, insuring an ILX will cost $160 monthly with full coverage; however, this price can differ depending on your state and insurer. To find the most economical rate, compare quotes from multiple providers by entering your zip code into our quote system.
The Technology A-Spec Sedan and Premium A-Spec Sedan sedans are generally the cheapest vehicles to insure, due to being safer and less costly to repair than their more sporty counterparts.
Liability insurance will typically cost about $298 annually for an ILX, while comprehensive and collision coverage costs an additional $594 annually. Most states mandate minimum amounts of coverage, covering damage caused to other vehicles or their occupants as well as damage done during leasing or financing agreements that require comprehensive/collision coverage. Leasing/financing companies typically require this minimum level of protection for your own protection as well as the lender requiring coverage when leasing/financing your ILX.
Your age plays a factor in your car insurance rates; younger drivers typically pay more. Women tend to pay less due to driving safer cars with fewer tickets or accidents, making their policy cheaper overall.
Your location also plays an impactful role in car insurance costs; insurers must abide by local laws and regulations, leading to different prices depending on where you reside. Car insurance costs often differ significantly depending on which city or town they're purchased in.
If your Lexus ILX will be used for ridesharing or delivery services, consider opting for a usage-based or pay-per-mile insurance policy to lower your car insurance rate by restricting how many miles per month are driven. These policies allow drivers to reduce premium costs by restricting how many miles are driven per month.
As part of your search for affordable insurance rates, take into account any special features or manufacturer offers that might save money - for instance some automakers offer discounts or loyalty programs for customers. It may also be worthwhile checking with your provider whether they have partnerships with specific car cover providers.
Deductibles
Car insurance can be an essential element of owning a vehicle, yet can be intimidating for first-time buyers. The key to finding appropriate coverage for your Acura ILX is comparing quotes from multiple providers and finding one that meets your budget needs - online calculators may give estimates, while for personalized assistance visit an insurance agent directly or visit local shops for personalized help. There may also be discounts available through bundling policies together or paying upfront.
Average insurance costs for a 2021 Acura ILX range between $1,472 per year or approximately $123. This cost is less than the national average of $2,550 for luxury sedans; however, your rates will depend on a variety of factors including your age, state and insurance provider.
While the ILX may be less costly than its competitors, it still represents a considerable investment. But there is good news - by purchasing less costly vehicles and maintaining clean driving records you could save on car insurance premiums!
Save by forgoing comprehensive and collision coverage that is often required if leasing or financing your car, selecting an economical model and opting for a lower deductible.
As a sedan, the ILX is less likely to be stolen than other vehicles and has great safety ratings. Repair costs tend to be cheaper compared to sports cars or SUVs. Furthermore, its Advanced Compatibility Engineering body structure offers additional protection in frontal collisions.
Hugo offers policies with premiums starting as low as $31 a month for the ILX, followed by Freedom, FirstChicago and Shelter Mutual in Chicago and Michigan respectively. If you want to save even more, considering purchasing used or opting for liability-only coverage can keep your premiums lower while still enjoying all its features. Ultimately, however, the best way to save on car insurance is through regular comparison shopping with different insurers and keeping a clean driving record.
Mileage
On average, the Acura ILX is relatively affordable to insure; however, this depends on several factors, including driver age, location and coverage purchased. Younger drivers tend to pay more because insurance companies consider them higher risk; however, responsible drivers can save money with safe driving habits.
The Acura ILX comes in various models, such as the Technology A-Spec Sedan and Premium Sedan, each with different options that affect rates significantly. For instance, insuring the Technology A-Spec Sedan costs only around $1404 annually with full coverage; its closest rival being the Premium Sedan at around $1526 annually or $152 monthly premium payments.
Vehicle mileage can also have a profound impact on car insurance costs. Older cars tend to cost less to insure than newer ones due to being worth less and having lower repair costs; however, this doesn't always apply; many affordable options exist for cars with high mileage that still come at reasonable rates.
Driving records will also have an effect on the cost of insurance premiums, with drivers with multiple speeding violations or accidents having to pay more than those who maintain clean records. On average, drivers with just a single ticket pay approximately $93, while those involved in accidents typically must shell out an extra $124.
Not only will your deductible impact your rate; the type of vehicle and coverage also can. Typically, sedans tend to be cheaper to insure than sports cars and SUVs because they're considered safer and more family-friendly; additionally, coupes may incur greater insurance costs than sedans.
Consider the mandatory minimum coverage required by your state. This coverage typically includes medical bills, property damage and legal expenses. In addition, you can add optional extras like personal injury protection or uninsured motorist coverage as needed.
Age of Driver
The 2021 Acura ILX is an impressive compact sedan. Powered by its 201 horsepower engine, its excellent acceleration and smooth cruising are delivered smoothly and efficiently. Furthermore, its suspension strikes an optimal balance between handling and comfort; and rear-wheel drive enables quick driving on twisty roads while front-wheel drive provides great traction on highways.
The standard safety equipment onboard the car includes an array of driver assist and collision mitigation technologies, including adaptive cruise control, road departure mitigation, active lane departure warning, forward-collision warning and automatic emergency braking systems. Furthermore, there's an ILX backup camera to make parking and maneuvering easier and a blind-spot monitoring system, anti-lock brake system and multi-view rear camera as additional safety features.
As with any car, ILX insurance rates depend on various factors, such as its driver's age and driving history. Older drivers tend to be considered lower risk and therefore tend to pay less. Younger drivers, on the other hand, tend to be higher-risk drivers who pay more. To get the best rates possible drivers should shop around for discounts that they may qualify for; such as being good students or having an impressive driving history (bundling).
On average, an Acura ILX car insurance cost averages approximately $1,442 annually or $120 each month; however, this cost can differ considerably depending on your state of residence and driving record; Maine and Iowa offer lower premiums than Pennsylvania and New York do for example.
Another factor that can influence your car insurance cost is your choice of vehicle. Sedans tend to be less expensive to insure than sports cars or SUVs as they're usually seen as safer vehicles; further reducing car insurance costs by opting for manual transmission instead of automatic. Furthermore, taking on higher deductibles could save money when purchasing collision and comprehensive coverage instead of just liability only coverage.