Shopping for car insurance is an important step in the car purchasing process. When you buy, lease, or finance a new or used Acura, it can help to understand what the average insurance rates are for Acura models and how they compare to rates for other vehicles. You can also learn about how the different makes and models affect pricing to see what fits into your budget. Let’s look at some of the essential details about Acura insurance rates.
How Much Does Acura Insurance Cost?
Acura insurance can vary depending on several things, including the specific model you purchase, if it’s new or used, and your driving history. According to TheZebra.com, the average driver pays around $2,095 a year or $175 a month. Different trim levels can also affect this price.
How Does Acura Insurance Compare?
Acura insurance is on par with the rates for other brands. Here are some of the average prices you’ll see with by manufacturer, according to Insuraviz:
- Acura: $1,772
- Audi: $2,089
- BMW: $2,115
- Chevrolet: $1,549
- Dodge: $2,025
- Ford: $1,548
- Genesis: $1,841
- GMC: $1,649
- Honda: $1,464
- Infiniti: $1,923
- Jaguar: $1,938
- Mazda: $1,409
- Mercedes-Benz: $2,127
- Mitsubishi: $1,625
- Toyota: $1,552
- Volkswagen: $1,491
Which Models Are the Cheapest To Insure?
Different Acura models will have different insurance rates. You might also see unique pricing for different years of these models. Here are some of the cheapest models you’ll find:
- Acura TSX: $1,146
- Acura TL: $1,226
- Acura RDX: $1,308
- Acura ILX: $1,404
- Acura ZDX: $1,482
For the rest of the models, you’ll see slightly higher rates. For instance:
- Acura MDX: $1,578
- Acura TLX: $1,620
- Acura RLX: $1,888
- Acura NSX: $2,948
What Affects Insurance Rates
There are several key factors that can influence the rate you pay when purchasing insurance for an Acura. For example, some newer cars or leases require specific coverage depending on the state which can increase the price. Here are some of the common factors that can affect how much you pay:
In general, your car insurance rates go down as you gain more experience. Teenagers just getting their license are likely to pay higher premiums as they might have a higher probability of getting in an accident. In your 30s and 40s, you can expect to pay a little less, depending on other factors. After your sixties, you might see an increase in your rates as insurers see a bigger risk.
Driving history can be the biggest influencing factor when purchasing car insurance. There are several components to this, including accidents and moving violations. If you have a combination of tickets and accidents, you’re likely to pay higher than someone with only a ticket or someone with a clean driving record. Consider checking with different providers to see how long accidents or other violations stay on your record with them, as some companies may only hope to see a clean history for the past three or four years.
Car Make and Model
The make and model of your vehicle can also affect your insurance premiums. For example, SUVs may have cheaper insurance rates as they might have more safety features than smaller cars, like sports cars. The year of your purchase can also affect your price with newer cars requiring higher insurance as replacement parts might be more expensive.
Factors That Affect Acura Insurance Rates
Beyond the standard factors that affect car insurance rates, there are several reasons why you might see a difference in your Acura’s insurance rates. For example, Acura is known as a luxury brand, which typically means you will pay higher premiums. Some body styles increase premiums further. For instance, the NSX sports car typically has higher insurance rates because it’s a sports car that could incur more damage.
Acura also has advanced safety features that bring down the average insurance rates for its vehicles. This is why you might pay rates closer to non-luxury vehicles. Acuras are highly reliable vehicles that can last a long time. You might also find lower prices because most of the parts needed to manufacture Acuras are built or engineered domestically.
What To Look for When Shopping for Acura Insurance
Here are some things to consider when purchasing Acura insurance for your new or used vehicle:
Many insurance companies offer discounts when purchasing insurance with them. These incentives might include percentages or dollars off for your associations or affiliations. For example, college students or veterans might receive lower rates. Some companies may offer new-member discounts, so even if you currently have insurance, you might see what other companies can offer. You might also get a discount for being a safe driver. These standards can vary between insurance companies, so consider shopping around.
As different states offer different coverage options, shopping around for this can affect your price. Most places require minimum liability coverage, while some can require comprehensive or collision coverage. This can also vary based on whether you’re buying, leasing, or financing your vehicle. Your rates will be higher if you opt for additional coverage, like roadside assistance or key replacements.
It’s always worth exploring your options. For example, some companies offer mileage-based insurance that increases the more you drive, while others offer flat fees regardless. Consider shopping around to see what might work best for your car, how you drive, and your budget.
Now that you know some of the details about shopping for Acura car insurance, the process might be a little easier. Knowing the average prices can help you understand if you’re getting a good rate or if there is still room for improvement. Discounts, coverage options, and additional safety features are all ways you can explore new insurance that fits within your budget.
At FIXD, our mission is to make car ownership as simple, easy, and affordable as possible. Our research team utilizes the latest automotive data and insights to create tools and resources that help drivers get peace of mind and save money over the life of their car.