It’s amazing but almost 70% of insureds have bought car insurance from the same company for at least the last four years, and just under half have never compared rate quotes at all. With the average car insurance premium being $2,160, Florida drivers could save roughly 55% each year by just comparing quotes, but they don’t know the rate savings if they switch to a new company.
The most effective way to find the cheapest price for Acura TSX insurance is to make a habit of comparing prices annually from insurers who provide auto insurance in Jacksonville. Price quotes can be compared by completing these steps.
- Try to learn about how companies price auto insurance and the factors you can control to lower rates. Many things that are responsible for high rates like tickets, at-fault accidents, and poor credit history can be controlled by making minor changes in your lifestyle.
- Quote rates from direct carriers, independent agents, and exclusive agents. Exclusive and direct companies can only provide price estimates from one company like GEICO and Allstate, while independent agents can provide rate quotes for a wide range of insurance providers.
- Compare the new rate quotes to the premium of your current policy to see if a cheaper rate is available. If you find a better price and make a switch, make sure there is no lapse in coverage.
A valuable tip to remember is to compare the same deductibles and limits on every price quote and and to analyze as many companies as you can. This ensures the most accurate price comparison and plenty of rates choose from.
Buying affordable auto insurance in Jacksonville is really quite easy. If you have a policy now or just want cheaper coverage, use these tips to find the best rates without having to cut coverage. Shoppers just need to know the most efficient way to compare rates using one simple form.
The quickest method to compare car insurance rates for Acura TSX insurance in Jacksonville is to take advantage of the fact most insurance companies participate in a system to quote your coverage. The only thing you need to do is spend a couple of minutes providing details including if you are currently licensed, the ages of drivers, if you lease or own, and how you use your vehicles. Your rating data is instantly provided to multiple different insurance companies and they return rate quotes quickly.
To get price quotes for your Acura TSX now, click here and see if a lower rate is available in Jacksonville.
The following companies are ready to provide price comparisons in Florida. If more than one company is shown, we suggest you get rate quotes from several of them in order to get a fair rate comparison.
Acura TSX coverage analysis
The rate table displayed below outlines different insurance coverage prices for Acura TSX models. Understanding how insurance quotes are established can help guide drivers when making decisions when shopping your coverage around.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| TSX | $398 | $878 | $430 | $26 | $128 | $1,860 | $155 |
| TSX Technology Package | $398 | $878 | $430 | $26 | $128 | $1,860 | $155 |
| Get Your Own Custom Quote Go | |||||||
Premium data assumes single male driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Florida minimum liability limits. Discounts applied include claim-free, multi-vehicle, safe-driver, homeowner, and multi-policy. Estimates do not factor in zip code location which can impact auto insurance rates significantly.
Where to set your deductibles
The hardest decision when buying coverage is how high should your deductibles be. The following insurance rates outline the price difference between high and low comp and collision deductibles. The first data table uses a $100 deductible for comprehensive and collision coverage and the second price chart uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| TSX | $406 | $764 | $354 | $20 | $106 | $1,675 | $140 |
| TSX Technology Package | $406 | $764 | $354 | $20 | $106 | $1,675 | $140 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| TSX | $296 | $516 | $354 | $20 | $106 | $1,292 | $108 |
| TSX Technology Package | $296 | $516 | $354 | $20 | $106 | $1,292 | $108 |
| Get Your Own Custom Quote Go | |||||||
Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Florida minimum liability limits. Discounts applied include claim-free, multi-vehicle, safe-driver, multi-policy, and homeowner. Rates do not factor in vehicle garaging location which can change prices substantially.
Based on the figures above, using a $100 deductible will cost you about $32 more each month or $384 a year than buying the higher $500 deductible. Since you would have to pay $400 more out of your own pocket with a $500 deductible as compared to a $100 deductible, if you average at least 13 months between claims, you would probably come out ahead if you choose the higher deductible.
How to calculate when to raise deductibles
| Average monthly premium for $100 deductibles: | $140 |
| Average monthly premium for $500 deductibles (subtract): | – $108 |
| Monthly savings from raising deductible: | $32 |
| Difference between deductibles ($500 – $100): | $400 |
| Divide difference by monthly savings: | $400 / $32 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 13 months |
Cost of full coverage in Jacksonville
The illustration below shows the comparison of Acura TSX insurance costs with full coverage and liability only. The premiums are based on no accidents, no driving violations, $1,000 deductibles, single marital status, and no additional discounts are factored in.
Are you wasting money paying for full coverage?
There is no exact rule for phasing out comp and collision coverage, but there is a general school of thought. If the annual cost of coverage is more than around 10% of the replacement cost of your vehicle minus the policy deductible, then you might consider buying liability only.
For example, let’s assume your Acura TSX replacement value is $7,000 and you have $1,000 full coverage deductibles. If your vehicle is severely damaged, the most your company will settle for is $6,000 after paying your deductible. If you are paying more than $600 a year for full coverage, then it could be time to drop full coverage.
There are a few situations where removing full coverage is not advised. If you have an outstanding loan on your vehicle, you have to maintain full coverage to protect the lienholder’s interest. Also, if you can’t afford to buy a different vehicle in case of an accident, you should not eliminate full coverage.
Here’s why insurance is not optional
Despite the fact that insurance is not cheap in Jacksonville, buying insurance is required in Florida but it also protects you in many ways.
- The majority of states have minimum mandated liability insurance limits which means you are required to buy specific minimum amounts of liability coverage in order to be legal. In Florida these limits are 10/20/10 which means you must have $10,000 of bodily injury coverage per person, $20,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
- If you have a lien on your Acura, more than likely the lender will make it a condition of the loan that you buy insurance to guarantee their interest in the vehicle. If you do not keep the policy in force, the bank will be required to insure your Acura for a much higher rate and force you to pay the higher premium.
- Insurance protects both your assets and your vehicle. It will also cover all forms of medical expenses for not only you but also any passengers injured in an accident. One of the most valuable coverages, liability insurance, also covers all legal expenses up to the policy limit if someone files suit against you as the result of an accident. If you receive damage to your vehicle caused by a storm or accident, comprehensive and collision coverage will pay to restore your vehicle to like-new condition.
The benefits of carrying enough insurance definitely exceed the price paid, specifically if you ever have a liability claim. According to a survey of 1,000 drivers, the average driver is overpaying over $810 a year so smart consumers compare quotes every year to ensure rates are inline.
Eight Tips to Get Cheaper Jacksonville Insurance Costs
Lots of factors are considered when premium rates are determined. A few of the factors are predictable such as traffic violations, but others are not quite as obvious such as whether you are married or your financial responsibility.
The list below includes some of the items used by insurance companies to determine prices.
Choose high safety ratings and save – Cars with high safety ratings tend to have lower insurance rates. Safer cars reduce injuries and any reduction in injury severity means less money paid by your insurance company and lower rates for you. If your Acura TSX scored better than four stars on Safercar.gov or an “acceptable” rating on iihs.org it may cost less to insure.
Men are more aggressive – Statistics have proven that females take fewer risks when driving. However, this does not mean women are BETTER drivers than men. Both sexes cause fender benders at a similar rate, but men have accidents that have higher claims. They also receive more costly citations like DWI (DUI) or reckless driving.
The information below compares Acura TSX insurance costs for male and female drivers. The data is based on a clean driving record, no claims, comp and collision included, $250 deductibles, single marital status, and no other discounts are factored in.
Getting married pays dividends – Getting married may save some money when shopping for insurance. Marriage usually means you are more responsible and statistics prove married drivers tend to file fewer claims.
Discounts for multiple policies – Most larger insurance companies give better rates to people who have multiple policies with them, otherwise known as a multi-policy discount. Even if you already get this discount, you may still want to compare other Jacksonville TSX insurance rates to verify if the discount is saving money.There is a good possibility that you can save money even if you insure with multiple companies
Keep claims to a minimum – If you file a lot of claims you can look forward to either policy cancellation or increased premiums. Car insurance companies in Florida award the lowest premiums to policyholders who only file infrequent claims. Your insurance policy is intended to be relied upon for the large, substantial claims.
Higher rates for insurance lapses – Having a lapse in insurance coverage can be a fast way to trigger a rate increase. Not only will rates go up, being ticketed for driving with no insurance will get you a revoked license or a big fine. You will then be forced to provide proof of insurance in the form of an SR-22 filing with the Florida department of motor vehicles.
Raise your deductibles for better premiums – Coverage for physical damage, commonly called comprehensive (or other-than-collision) and collision coverage, insures against damage to your Acura. A few examples of covered claims would be collision with another vehicle, flood damage, and damage from a fallen tree branch. The deductibles you choose tell how much you are willing to pay if a claim is determined to be covered. The more you are required to pay out-of-pocket, the less money you will pay for insurance.
Extra coverages can cost a lot – There are quite a few additional extra coverages that you can get tricked into buying when buying insurance. Coverage for things like coverage for rental cars, accident forgiveness, and additional equipment coverage are probably not needed. They may seem good initially, but now you might not need them so eliminate the coverages to reduce your premium.
When to get professional advice
When buying insurance from an agent or online for your vehicles, there is no best way to insure your cars. Your financial needs are unique.
For instance, these questions could help you determine if you could use an agent’s help.
- Which companies will insure me after a DUI?
- If I use my vehicle for business use is it covered?
- What does PIP insurance cover?
- Can I afford to buy a different vehicle if my Acura TSX is totaled?
- At what point should I drop full coverage?
- Is my vehicle covered by my employer’s policy when using it for work?
- Why am I be forced to buy a membership to get insurance from some companies?
- Why do I only qualify for high-risk insurance?
- Am I missing any policy discounts?
If you’re not sure about those questions but you think they might apply to your situation, you may need to chat with an insurance agent. To find an agent in your area, take a second and complete this form. It only takes a few minutes and may give you better protection.
Keep this in mind when shopping around
Cheaper insurance in Jacksonville is attainable on the web in addition to many Jacksonville insurance agents, so you need to quote Jacksonville car insurance with both in order to have the best chance of saving money. There are still a few companies who don’t offer online price quotes and usually these smaller providers sell through local independent agents.
When trying to cut insurance costs, it’s very important that you do not buy lower coverage limits just to save a few bucks. In many instances, an accident victim reduced collision coverage only to regret that the small savings ended up costing them much more. Your objective should be to buy enough coverage at a price you can afford while still protecting your assets.
People change insurance companies for a number of reasons such as denial of a claim, poor customer service, lack of trust in their agent or unfair underwriting practices. Whatever your reason, switching companies is actually quite simple.
More detailed insurance information can be found at these sites:
- Vehicle Size and Weight FAQ (iihs.org)
- Who Has the Cheapest Jacksonville Car Insurance Rates for a Dodge Journey? (FAQ)
- Who Has Cheap Car Insurance for Postal Workers in Jacksonville? (FAQ)
- How Much are Auto Insurance Rates for Low Mileage Drivers in Jacksonville? (FAQ)
- Electronic Stability Control FAQ (iihs.org)
- What if I Can’t Find Coverage? (Insurance Information Institute)
- Choosing an Insurance Company (Insurance Information Institute)
- Cellphones, Texting and Driving (iihs.org)