Acura MDX Insurance Rate Quotes in Jacksonville

It’s hard to believe, but nearly 70% of consumers have stayed with the same insurance company for well over three years, and practically 40% of car insurance customers have never quoted rates to find cheap coverage. With the average car insurance premium being $1,847, U.S. drivers could save themselves approximately 47% a year, but most undervalue how much money they would save if they moved their coverage to a different company.

If you want to save the most money, the best way to get budget Acura MDX insurance is to compare prices once a year from different companies that sell auto insurance in Jacksonville. Rates can be compared by completing these steps.

1. Spend a few minutes and learn about what coverages are included in your policy and the changes you can make to prevent expensive coverage. Many factors that result in higher prices such as inattentive driving and poor credit history can be rectified by being financially responsible and driving safely. Read the full article for more details to keep prices down and find hidden discounts.
2. Compare price quotes from independent agents, exclusive agents, and direct companies. Direct companies and exclusive agencies can only provide price estimates from one company like GEICO and Allstate, while agents who are independent can quote prices for a wide range of insurance providers.
3. Compare the quotes to your existing coverage and see if you can save money. If you find a lower rate, make sure there is no coverage gap between policies.
4. Provide adequate notice to your current company to cancel your current coverage. Submit the required down payment along with the signed application to your new agent or company. Be sure to keep the new proof of insurance certificate in an easily accessible location.

One tip to remember is to compare identical coverage information on every price quote and and to get quotes from as many companies as possible. Doing this ensures an apples-to-apples comparison and a complete selection of prices.

Locating the most cost-effective auto insurance policy in Jacksonville can be made easier if you know where to look. If you have a policy now, you should be able to lower your rates using this strategy. You just need to use the most efficient way to compare prices over the internet.

The auto insurance companies shown below offer price comparisons in Jacksonville, FL. If several companies are displayed, we suggest you compare several of them to get the most competitive price.

Cheap Acura MDX insurance in Jacksonville

Auto insurance companies do not list every policy discount very clearly, so the list below contains a few of the more well known as well as some of the hidden discounts that may be available.

• Policy Bundle Discount – If you have multiple policies with the same company you may save as much as 10 to 15 percent.
• Defensive Driver Discount – Taking part in a course teaching safe driver skills is a good idea and can lower rates and easily pay for the cost of the class.
• Membership in Organizations – Participating in a professional or civic organization could earn you a nice discount on your next auto insurance statement.
• Student Driver Training – Have your child enroll and complete driver’s education in school.
• Anti-lock Brakes – Cars equipped with ABS or steering control are much safer to drive and therefore earn up to a 10% discount.
• Life Insurance – Some auto insurance companies give a lower auto insurance rate if you buy some life insurance too.
• Accident-Free Discounts – Claim-free drivers get the best auto insurance rates when compared with accident-prone drivers.
• Theft Deterrent Discount – Anti-theft and alarm system equipped vehicles are stolen with less frequency so companies will give you a small discount.
• Employee of Federal Government – Active or former government employment could cut as much as 10% off but check with your company.
• Telematics Data Discounts – Drivers who elect to allow driving data submission to track vehicle usage through the use of a telematics system such as Snapshot from Progressive or Drivewise from Allstate could possibly reduce rates if they have good driving habits.

Please keep in mind that most of the big mark downs will not be given to the entire policy premium. A few only apply to the cost of specific coverages such as collision or personal injury protection. Despite the appearance that all those discounts means the company will pay you, nobody gets a free ride.

The chart below visualizes the comparison of Acura MDX annual premium costs with and without discounts being applied to the rates. The data assumes a female driver, no accidents or driving violations, Florida state minimum liability limits, comp and collision included, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, homeowner, marriage, multi-policy, safe-driver, and multi-car discounts applied.

A partial list of companies that may offer policyholders some of the discounts shown above include:

• Mercury Insurance
• Farmers Insurance
• Farm Bureau
• State Farm
• Allstate
• GEICO

If you need inexpensive Jacksonville auto insurance quotes, ask every company what discounts are available to you. Discounts may not apply to policyholders in Jacksonville. If you would like to view insurers that offer discounts in Jacksonville, click here to view.

Premium rates and analysis

The premium table below outlines a range of insurance coverage prices for Acura MDX models. Learning more about how rates are formulated can be of help when making decisions when choosing a new policy provider.

Prices above based on single male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Florida minimum liability limits. Discounts applied include claim-free, multi-vehicle, homeowner, multi-policy, and safe-driver. Prices do not factor in vehicle location which can increase or decrease insurance rates considerably.

Higher deductibles save money

One frequently asked question is how high or low should comp and collision deductibles be. The figures shown below may aid in understanding the premium difference when you select higher and lower policy deductibles. The first table uses a $250 deductible for comprehensive and collision coverage and the second data table uses a $500 deductible.

Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Florida minimum liability limits. Discounts applied include multi-policy, claim-free, safe-driver, multi-vehicle, and homeowner. Rate quotes do not factor in specific location information which can alter coverage prices substantially.

We can derive from the above data that using a $250 deductible costs approximately $17 more each month or $204 a year than buying the higher $500 deductible. Because you would pay $250 more out-of-pocket with a $500 deductible as compared to a $250 deductible, if you go at least 15 months between claims, you would most likely save money by going with a higher deductible.

The illustration below demonstrates how deductible levels and can influence Acura MDX premium costs for each different age category. The premiums assume a single male driver, comp and collision included, and no discounts are factored in.

Careless driving habits raise car insurance rates

The diagram below highlights how traffic violations and at-fault claims can raise Acura MDX insurance prices for each different age category. The premium estimates are based on a married female driver, full physical damage coverage, $250 deductibles, and no additional discounts are factored in.

Age, gender, and Acura MDX insurance

The diagram below compares Acura MDX insurance costs for male and female drivers. The premiums assume no claims or driving citations, full coverage, $1,000 deductibles, drivers are single, and no discounts are applied to the premium.

Full coverage versus liability-only in Jacksonville

The example below illustrates the comparison of Acura MDX annual premium costs with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The premiums are based on a clean driving record, no at-fault accidents, $500 deductibles, drivers are single, and no additional discounts are factored in.

When to drop full coverage

There is no clear-cut formula for eliminating physical damage coverage, but there is a guideline you can use. If the yearly cost for physical damage coverage is more than 10% of the vehicle’s replacement cost less your deductible, then it might be time to buy liability only.

For example, let’s say your Acura MDX settlement value is $7,000 and you have $1,000 policy deductibles. If your vehicle is damaged in an accident, the most you would receive is $6,000 after the deductible is paid. If premium cost is more than $600 a year to have full coverage, then you may need to consider dropping full coverage.

There are some cases where buying only liability insurance is not recommended. If you still owe a portion of the original loan, you have to keep full coverage in order to prevent your loan from defaulting. Also, if your emergency fund is not enough to purchase a different vehicle in case of an accident, you should maintain full coverage.

Components of Your Acura MDX Insurance Prices

A large part of saving on insurance is knowing some of the factors that aid in calculating the price you pay for insurance. If you have some idea of what influences your rates, this allows you to make good choices that could help you find lower insurance prices. Multiple criteria are considered when you quote your car insurance policy. Some factors are common sense like a motor vehicle report, although some other factors are not as apparent such as your marital status and annual miles driven.

• How credit score affects insurance rates – Your credit score can be an important factor in calculating your premium rate. If your credit history can use some improvement, you could pay less to insure your Acura MDX by taking the time to improve your credit score. People that have very high credit ratings tend to be more responsible as compared to drivers with lower ratings.
• Lower premiums with GPS tracking and theft deterrents – Buying a car with an alarm system can help bring down rates. Advanced theft deterrents such as LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all help stop your car from being stolen.
• Stay claim-free and save money – If you tend to file frequent claims, you can pretty much guarantee higher premiums or even policy non-renewal. Insurance companies in Florida give the best rates to policyholders who only file infrequent claims. Insurance coverage is designed for more catastrophic claims.
• Bundle home and auto and save – Most insurance companies will give a discount to policyholders that purchase more than one policy, otherwise known as a multi-policy discount. Discounts can add up to anywhere from five to ten percent in most cases. If you currently are using one company, it’s in your best interest to shop around to verify if the discount is saving money. It’s possible to still save money by splitting coverages up.

• Acura MDX claim data – Auto insurance companies take into consideration insurance loss statistics for every vehicle to calculate a rate that will offset losses. Vehicles that are shown to have higher claim frequency or loss amount will cost more for specific coverages. The next table illustrates the actual insurance loss data for Acura MDX vehicles.

  For each insurance policy coverage type, the statistical loss for all vehicles averaged together is a value of 100. Values that are 100 or less represent a good loss history, while values that are above 100 point to more frequent losses or statistically larger claims.

  
  

  Acura MDX Insurance Loss Statistics

  Vehicle Model	Collision	Property Damage	Comp	Personal Injury	Medical Payment	Bodily Injury
  Acura MDX 4dr 2WD	73	80	102	63	56	63
  Acura MDX 4dr 4WD	81	85	123	65	60	59

  BETTER

  AVERAGE

  WORSE

  Statistics from IIHS.org for 2013-2015 Model Years