The Acura TSX is an affordable midsize luxury car to insure; full coverage policies typically cost less than average in its class.
Your accident and claim history plays a large part in your auto insurance premiums, while adopting good driving practices helps to lower them further. Discounts may also help lower auto insurance premiums; such as being an excellent student, attaining professional designation, having excellent credit score etc.
1. Liability
Liability insurance is the essential minimum car coverage that most drivers must carry, covering any bodily injuries or property damages you cause to other drivers and their vehicles. Although most states mandate liability coverage, your premium may depend upon which coverage limits are chosen as well as other factors like your driving record, credit score and physical damage deductibles.
The 2014 Acura TSX may no longer be produced, but its affordable insurance costs still make it popular with used car dealers and dealerships. Older models of this vehicle tend to cost less in insurance costs - partly because newer Acura models feature more advanced technology that may prove more costly in an accident situation.
From 2011 to 2013, Acura TSX models experienced low rates of bodily injury claims, saving insurance providers money. But between 2012 and 2014, Acura TSX models experienced increased rates of bodily injury losses.
Additional factors, such as your location and credit score can have an effect on your car insurance rates, so be sure to shop around to find the most competitive deal. When comparing rates make sure you find one with the best price!
If you are leasing a 2014 Acura TSX from a lender, they may require that you have collision and comprehensive coverage in order to finance it. If this coverage falls short of covering its cash value, force-placed insurance could be required which pays to buy out your lease agreement and recover any remaining value from lien holders.
If you want to save money on car insurance, increase the liability coverage limit to its maximum allowable limit in your state. In addition, keeping a good driving record, taking defensive driving courses, bundling policies together and regularly comparing rates can all help ensure you're paying less overall - so take steps now so you know your Acura TSX insurance rates are as competitive as possible!
2. Comprehensive
The Acura TSX is a mid-sized luxury car that is significantly cheaper to insure than many of its counterparts, making it an attractive option for drivers looking to save money while still taking advantage of premium safety features and technology. Drivers should compare rates from different car insurance companies in order to find their optimal policy price.
The average full coverage auto insurance rate for the 2014 Acura TSX is about $1,218 annually - this is less than average rates for other midsize luxury cars such as Mercedes CLA 250, BMW 328i and Audi A6. Drivers should take care to avoid accidents that cause at-fault incidents; at-fault accidents or violations could increase rates by as much as $566 for 30-year old drivers and $408 for 50 year old drivers respectively. Drivers may also take advantage of discounts available such as being good students earning safe driving discounts, joining certain professional organizations or working occupations related to vehicle industry employment or occupations related to vehicle industry occupations.
Consider comprehensive coverage as well. This type of insurance pays for damage done to both the vehicle itself and other people's properties when an accident that you caused happens, making this type of policy invaluable in an emergency such as hit-and-run crashes or other unfortunate events. Lenders usually require this type of policy when leasing or financing cars; additionaly it could provide peace of mind if something unfortunate were to occur such as hit-and-run incidents or similar unfortunate occurrences.
Bodily injury liability rates were comparable to the industry average in 2011, 2013, and 2014 for Acura TSX policyholders; this indicates they saved money with claims filed on this type of coverage. MedPay coverage showed an estimated loss projection of only 15 percent; likely because these vehicles experienced low levels of claims while being relatively cost effective to repair.
Acura TSX owners typically paid an annual average cost of collision insurance of around $500 in 2011. This was significantly below the industry average of roughly $650; most lenders require collision coverage when financing or leasing vehicles, but it can benefit all drivers alike.
3. Collision
The Acura TSX is a midsize passenger vehicle known for being safe and affordable, which makes it more likely than many luxury cars and SUVs on the market to cost less in insurance premiums. Still, other factors may influence its cost as well; such as age, driving record and physical damage deductibles which may affect rates; additionally location may play a factor since rural locations tend to experience lower collision claims rates than congested areas.
Even after accounting for these variables, the cost to insure an Acura TSX remains considerably cheaper than most vehicles. However, premiums for collision and comprehensive coverage could increase slightly; as these types of policies provide additional protection in case of severe accidents.
Though the average cost to insure an Acura may be slightly higher, it is still important for drivers to shop around and compare quotes. By taking their individual circumstances into consideration and comparing rates from multiple companies, drivers can easily find affordable car insurance coverage for their TSX. In addition, drivers should remember that factors like year and type of Acura TSX vehicle, driving history and physical damage deductibles have an enormous influence over car insurance premiums.
Drivers looking into collision and comprehensive insurance should ensure their policy limits are adequate before purchasing it. One way of doing this is obtaining an estimate from a reputable repair shop like RepairPal and comparing it with their insurer's estimated repair cost estimate; that way they'll know their coverage is adequate and won't have to incur extra expenses in case they make a claim. This is particularly pertinent for drivers leasing or financing an Acura TSX as they will likely need collision and comprehensive coverage in order to meet lender requirements.
4. Uninsured/Underinsured Motorist Coverage
Car insurance rates vary significantly based on factors such as driver profile, location, physical damage deductibles, policy limits and more. To get an accurate idea of the cost associated with insuring a 2014 Acura TSX it is wise to receive multiple quotes and compare costs and coverage options until finding something that fits perfectly into both your needs and budget.
The 2014 Acura TSX is an excellent luxury vehicle without an exorbitant price tag, providing plenty of standard features that make life comfortable and safe, including leather seating, power moonroof and HomeLink transponder - as well as xenon high-intensity discharge headlights and premium sound system; for an additional fee, one may upgrade to add rearview camera navigation systems.
If you have a good driving record and credit history, car insurance for your 2014 Acura TSX should be relatively cost-effective. Conversely, poor drivers or those with poor scores could incur more expensive premiums; it's essential that these factors be kept in mind when looking for car coverage and any potential improvements made as soon as possible to improve them.
There are various steps you can take to reduce your car insurance rate, such as consolidating policies together, enrolling in defensive driving courses or paying your premium upfront. Furthermore, having safety features installed such as airbags, anti-lock brakes or stability control could qualify you for discounts.
Saving money can also be accomplished through purchasing an affordable vehicle or raising your deductibles to higher liability coverage levels. Furthermore, inquire with your auto insurance provider as to any discounts they might offer; some offer special rates for architects, doctors, lawyers and police officers among other professions.
No matter if it is your 2014 Acura TSX or another vehicle, using this information to make an educated decision will ensure you have enough protection while keeping rates as low as possible.