Acura MDX insurance rates depend on several factors, including model type, driver age and coverage options. To save money and stay ahead of their insurance costs, drivers can improve their credit rating, drop any unnecessary coverages and take advantage of discounts available to them.
Insurance premiums depend heavily on where you reside. To estimate how much it would cost to insure a 2017 Acura MDX in your area, enter your ZIP code into our free tool and see what the rates look like.
Comprehensive Coverage
The Acura MDX is a popular luxury SUV, boasting 5-star NHTSA ratings. Like any vehicle, its MSRP and price can have a bearing on insurance premiums; insurers generally factor in make and model when setting rates; different carmakers often utilize different parts which vary in cost; generally speaking SUVs tend to cost less due to their higher safety ratings and larger sizes.
On average, drivers purchasing comprehensive coverage for their MDX will pay around $376 annually, which is slightly more than the national average of $356 but significantly cheaper than collision coverage for this car. Comprehensive insurance is typically required by most lenders when leasing or financing an Acura as it helps cover repair costs in case an accident occurred without colliding.
Other coverage options for the Acura MDX include road hazard coverage, which helps cover costs associated with repairing or replacing tires that have been permanently damaged due to road hazards such as potholes, metal, or glass debris. This protection option may also benefit drivers who frequently travel long distances as it helps save on expensive retreading fees.
Your car insurance premium for an MDX may depend on various factors, such as your driving history and location. Young drivers typically pay more than older ones. Accidents or traffic violations on your record could increase premiums significantly; whereas, with a clean driving history and strong credit, an MDX should be relatively affordable to insure. Consider dropping full coverage and opting for liability only coverage instead. Doing this could save up to $690 annually depending on your deductibles and policy limits; however, exact cost varies widely by provider - therefore it is advisable to compare quotes from various insurance providers before making your final decisions.
Collision Coverage
Acura is Honda's luxury division and their MDX SUV is their flagship product. Unfortunately, due to their larger sizes SUVs can often incur higher insurance premiums compared to smaller vehicles like the RDX and Integra.
However, the MDX also boasts numerous premium safety features to help drivers avoid accidents and lower insurance premiums. AcuraWatch driver assistance technologies help protect drivers by offering blind spot assistance, road departure mitigation and collision mitigation braking; all these features can help prevent accidents while saving lives - something insurers recognize with discounted premiums if drivers install them in their vehicle.
Another effective strategy for lowering premiums is maintaining a clean driving record. Accidents or tickets on your record can significantly raise premiums; to make sure you're getting the best rates possible, compare quotes from multiple providers - an easy way of doing this is using Jerry, which provides personalized quotes from 55 top-rated car insurers within 45 seconds!
Insurers take several factors into account when setting premiums for Acura models. Acura vehicles tend to feature more costly parts compared to other makes of vehicles, which drives up costs further. Furthermore, being part of the luxury brand means their vehicles often possess advanced features requiring expert repairs.
The MDX is a midsize luxury SUV which has undergone crash testing by the IIHS and earned high marks, helping reduce property damage liability losses and bodily injury liability losses, which in turn helps significantly lower insurance rates.
However, the exact cost of car insurance for an Acura MDX depends on various factors, including its trim and optional coverages as well as your location and driving history. Therefore, it's wise to shop around and compare quotes for Acura MDX insurance - to start, enter your zip code below before selecting your model year Acura MDX vehicle and choosing an ideal policy that meets your needs.
Liability Coverage
Acura MDX insurance may seem costly at first glance, but rates are actually quite competitive with similar vehicles. Thanks to its safety ratings and features, its average full coverage costs for an MDX driver aged 40 are approximately $1,756 annually or about $146.5 per month; please see table for breakdown by age and deductibles selected for coverage.
Liability-only coverage offers drivers of an MDX the lowest insurance costs; Raliegh, North Carolina drivers can find rates as low as $974 annually in this regard. Rates in densely populated cities like Los Angeles or Philadelphia tend to be much higher.
Selecting the appropriate physical damage coverage for your Acura MDX can save money. When driving a brand-new MDX, comprehensive and collision coverage may be best to protect you in case it is stolen or damaged by uninsured motorists. As cars depreciate over time, their need for this coverage declines until eventually it no longer makes financial sense to maintain it in your policy.
When looking for the best rates, it's essential to compare quotes from various providers and solicit quotes from them all. Each company uses their own formula for calculating rates; hence the results could differ drastically between providers.
Other than deductibles and types of coverage, another major factor influencing Acura MDX insurance rates is your driving record. Accidents and tickets tend to drive up rates; while having an unblemished driving history could reduce them.
As an excellent driver, you can also reduce your Acura MDX insurance rates by taking advantage of discounts provided by insurers. For instance, many companies provide drivers who install security systems in their vehicle with audible alarms and GPS tracking to deter theft or vandalism with discounts offered from insurers; additionally they may provide discounts to teachers or firefighters working within certain professions.
Uninsured/Underinsured Motorist Coverage
Uninsured motorist coverage is an optional form of car insurance designed to protect you financially from accidents with at-fault drivers who lack auto insurance policies. This coverage could cover costs related to medical treatment, vehicle repairs or lost income resulting from an accident - the average annual cost for uninsured/underinsured motorist coverage on an Acura MDX being $179 annually.
Acura vehicles tend to cost less to insure than other luxury cars such as Lexus, Infiniti, Mercedes-Benz, or BMW; however, many factors can impact your premium such as driving history, age and location; taking advantage of discounted rates can also save money.
Your driving history is one of the main components that determines your rate, making it essential to drive safely and maintain a clean record. Women tend to pay about $2 less per month for auto insurance when their risk profile is equal; additionally, drivers in states with higher auto insurance premiums often pay more.
Age can play a factor in the cost of insuring an MDX, with older models usually costing less due to faster depreciation rates. If your MDX is newer than 15 years old and boasts excellent safety ratings, however, you could qualify for discounts!
Compare Quotes Before Purchasing A Car When purchasing a car, it's wise to shop around for quotes because prices can differ considerably between providers. Bundling policies with one provider and taking advantage of available discounts could save money in the long run.
The chart below compares the costs associated with insuring an Acura MDX with full and liability only coverage, taking into account a 40-year-old male driver without accidents or tickets, $250 comprehensive and collision deductibles, minimum liability limits, and no comprehensive and collision coverage deductibles. Depending on your location and driving record, dropping full coverage in favor of liability only could save money.