Cheap Acura TL Insurance in Honolulu

Insurance rates Acura TL in HonoluluThe recommended way to find better pricing on Acura TL insurance in Honolulu is to compare quotes once a year from insurers that sell auto insurance in Hawaii.

  1. Gain an understanding of the coverage provided by your policy and the factors you can control to prevent high rates. Many factors that are responsible for high rates like multiple speeding tickets and a bad credit rating can be improved by making minor changes in your lifestyle. Continue reading for more details to help find cheaper rates and find overlooked discounts.
  2. Compare rates from direct, independent, and exclusive agents. Direct and exclusive agents can provide rates from one company like Progressive and State Farm, while agents who are independent can provide prices for a wide range of companies.
  3. Compare the quotes to your existing rates and see if there is a cheaper rate. If you can save some money and switch companies, make sure the effective date of the new policy is the same as the expiration date of the old one.

A crucial key to this process is that you use the same amount of coverage on every price quote and and to get quotes from as many companies as you can. Doing this guarantees a fair rate comparison and the best price selection.

Surprisingly, a recent survey revealed that the majority of drivers have remained with the same auto insurance company for at least four years, and 38% of customers have never compared rates to find lower-cost insurance. The average driver in Honolulu could save almost $356 each year just by comparing rates, but most undervalue the benefits if they bought a different policy.

All major car insurance companies like Allstate and Progressive give prices for coverage directly from their websites. Comparing prices online for Acura TL insurance in Honolulu is very simple as you simply enter the amount of coverage you want as detailed in the form. When complete, the quote system requests credit information and your driving record and provides a quote. The ability to get online quotes for Acura TL insurance in Honolulu helps simplify price comparisons, and it’s absolutely necessary to get many rate quotes if you want to find lower-cost rates.

If you want to compare pricing, consider comparing rates from the companies shown below. If you have your current policy handy, we recommend you input deductibles and limits exactly as they are listed on your policy. This guarantees you will receive rate quotes using the exact same coverages.

The car insurance companies shown below have been selected to offer price comparisons in Honolulu, HI. If multiple companies are listed, it’s highly recommended you visit as many as you can to get a more complete price comparison.

Car insurance discounts are available for cheaper rates

Insuring your vehicles can cost a lot, but there’s a good chance there are discounts that you may not know about. Many discounts should be triggered when you quote, but lesser-known reductions have to be specifically requested before they will apply. If you’re not getting every credit available, it’s possible you qualify for a lower rate.Car insurance discounts

Discounts lower rates, but most discounts do not apply to your bottom line cost. A few only apply to the cost of specific coverages such as comp or med pay. So when the math indicates you can get free auto insurance, it’s just not the way it works.

The example below visualizes the comparison of Acura TL yearly insurance costs with and without discounts applied to the rates. The premiums are based on a male driver, no claims, a clean driving record, Hawaii state minimum liability limits, full physical damage coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, multi-car, multi-policy, homeowner, marriage, and claim-free discounts applied.

To choose car insurance companies that can offer you the previously mentioned discounts in Hawaii, click here to view.

Auto insurance statistics for an Acura TL

The premium information shown below outlines estimates of insurance costs for Acura TL models. Being able to understand how prices are formulated can help guide drivers when making smart choices when selecting a coverage provider.

Acura TL Insurance Rates in Honolulu, HI
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
TL 3.5 $158 $314 $358 $22 $106 $958 $80
TL 3.5 W/Technology Package $158 $314 $358 $22 $106 $958 $80
TL 3.7 SH AWD $158 $314 $358 $22 $106 $958 $80
TL 3.7 SH W/Technology Package AWD $158 $362 $358 $22 $106 $1,006 $84
Get Your Own Custom Quote Go

Premium data assumes single female driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Hawaii minimum liability limits. Discounts applied include claim-free, homeowner, safe-driver, multi-vehicle, and multi-policy. Premium amounts do not factor in specific location information which can raise or lower insurance rates significantly.

Raise deductibles and save

The hardest decision when buying coverage is the level to set your comp and collision deductibles. The rates shown below sum up the premium difference when you choose different policy deductibles. The first price estimate table uses a $250 comprehensive and collision deductible and the second price grid uses a $1,000 deductible.

Acura TL insurance premium rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
TL 3.5 $230 $406 $264 $16 $80 $1,021 $85
TL 3.5 W/Technology Package $230 $406 $264 $16 $80 $1,021 $85
TL 3.7 SH AWD $230 $406 $264 $16 $80 $1,021 $85
TL 3.7 SH W/Technology Package AWD $230 $468 $264 $16 $80 $1,083 $90
Get Your Own Custom Quote Go

Acura TL insurance premium rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
TL 3.5 $142 $256 $264 $16 $80 $758 $63
TL 3.5 W/Technology Package $142 $256 $264 $16 $80 $758 $63
TL 3.7 SH AWD $142 $256 $264 $16 $80 $758 $63
TL 3.7 SH W/Technology Package AWD $142 $294 $264 $16 $80 $796 $66
Get Your Own Custom Quote Go

Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Hawaii minimum liability limits. Discounts applied include multi-policy, multi-vehicle, safe-driver, homeowner, and claim-free. Prices do not factor in vehicle location which can modify insurance rates noticeably.

Using the data above, we can ascertain that using a $250 deductible would cost the average driver about $22 more each month or $264 for a full year than opting for the higher $1,000 deductible. Because you would be required to pay $750 more to settle a claim with a $1,000 deductible as compared to a $250 deductible, if you tend to have at a minimum 34 months between claims, you would probably save some money going with the higher deductible.

How to calculate if higher deductibles make sense

Average monthly premium for $250 deductibles: $86
Average monthly premium for $1,000 deductibles (subtract): – $64
Monthly savings from raising deductible: $22
Difference between deductibles ($1,000 – $250): $750
Divide difference by monthly savings: $750 / $22
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 34 months

One important note is that raising deductibles to save money means you will have to pay more out-of-pocket when you file a claim. You should have some available funds in the event you have to pay more to get your vehicle repaired.

The chart below shows how choosing a deductible and can influence Acura TL insurance prices for different age groups. The premium estimates are based on a single male driver, full physical damage coverage, and no discounts are factored in.

Tickets and at-fault accidents raise rates

The information below highlights how traffic violations and at-fault collisions can influence Acura TL insurance costs for different categories of driver ages. The rate quotes are based on a single male driver, full physical damage coverage, $250 deductibles, and no discounts are factored in.

Acura TL insurance rates by gender in Honolulu

The example below shows the difference between Acura TL yearly insurance costs for male and female drivers. The premiums are based on no accidents or driving violations, full coverage, $1,000 deductibles, single status, and no discounts are applied.

Full coverage rates compared to liability-only

The information below shows the difference between Acura TL premium costs when comparing full coverage to liability only. The premiums assume no claims or driving citations, $100 deductibles, single status, and no policy discounts are applied.

When to drop comp and collision

There is no clear-cut rule of when to exclude full coverage on your policy, but there is a guideline you can consider. If the annual cost of having full coverage is about 10% or more of any settlement you would receive from your insurance company, then you might want to consider buying only liability coverage.

For example, let’s say your Acura TL replacement value is $8,000 and you have $1,000 full coverage deductibles. If your vehicle is damaged in an accident, the most you would receive is $7,000 after paying your policy deductible. If you are paying more than $700 a year for physical damage coverage, then you might consider buying liability only.

There are a few situations where only buying liability is not financially feasible. If you haven’t paid off your loan, you have to maintain full coverage to satisfy the loan requirements. Also, if you can’t afford to buy a different vehicle if your current one is damaged, you should keep full coverage on your policy.

How You Can Control Acura TL Insurance Rates

Many factors are taken into consideration when premium rates are determined. Some of the criteria are obvious such as your driving history, but some are more obscure like where you live or how financially stable you are.

Use one insurance company and save – Lots of companies allow a discount to policyholders who consolidate policies with them, otherwise known as a multi-policy discount. Even with this discount, it’s still a good idea to compare other Honolulu TL insurance rates to help guarantee you have the best rates. Consumers may find lower rates by buying insurance from more than one company.

Don’t let your car insurance policy lapse – Having a lapse in insurance coverage can be a quick way to increase your car insurance rates. And not only will insurance be more expensive, not being able to provide proof of insurance can result in a steep fine or even jail time. You could then be forced to submit proof of financial responsibility or a SR-22 with the Hawaii motor vehicle department to get your license reinstated.

Low credit rating equals high prices – An insured’s credit score is a large factor in calculating your premium rate. Drivers who have high credit scores tend to be more responsible and file fewer claims than those with lower ratings. If your credit history is lower than you’d like, you may save money insuring your Acura TL by improving your credit score.

Policy add-ons add up – Policies have extra bells and whistles that can waste your money if you don’t pay attention. Coverage for things like rental car coverage, better glass coverage, and additional equipment coverage are examples of these. You may think they are a good idea at first, but your money might be better spent on other coverage so eliminate them to save money.

Lower premiums for cars with good safety ratings – Cars with high safety ratings cost less to insure. These vehicles reduce occupant injuries and reduced instances of injuries means your insurance company pays less and cheaper rates on your policy. If the Acura TL is rated at least an “acceptable” rating on the Insurance Institute for Highway Safety website you may be receiving a better rate.

Stress out and pay more – Careers like real estate brokers, airline pilots, and emergency personnel generally have higher premium rates because of high stress levels and lengthy work days. On the flip side, careers such as actors, historians and retirees pay lower than average rates.

Liability insurance limits should be high – The liability coverage on your policy will afford coverage in the event that a court rules you are at fault for causing personal injury or damage in an accident. Your liability coverage provides legal defense coverage which can be incredibly expensive. Liability is cheap when compared to the cost of physical damage coverage, so drivers should buy more than the minimum limits required by law.

With age comes lower costs – Beginning drivers in Hawaii are statistically shown to be easily distracted with other occupants in the car therefore car insurance rates are much higher. Older, more experienced drivers are more responsible, cause fewer claims and accidents, and get fewer tickets.

The next chart is based on a single driver, full coverage with $1000 deductibles, and no discounts or violations.

Acura TL statistical loss data – Auto insurance companies take into consideration insurance loss statistics for every vehicle when setting premium rates. Vehicles that the statistics show to have higher prevalence or dollar amount of losses will have higher premium rates. The information below illustrates the actual insurance loss data for Acura TL vehicles.

For each coverage category, the statistical loss for all vehicles averaged together is equal to 100. Values below 100 suggest a better than average loss history, while percentages above 100 indicate more frequent losses or tendency to have higher losses.

Auto Insurance Loss Data for Acura TL Models
Vehicle Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Acura TLX 4dr 2WD 90 75 97 93 74 77
Acura TLX 4dr 4WD 120 75

Empty fields indicate not enough data collected
Data Source: (Insurance Institute for Highway Safety) for 2013-2015 Model Years

You may require the services of an insurance agency

Many people just want to buy from a licensed agent and doing so can bring peace of mind Licensed agents can help determine the best coverages and give you someone to call. The biggest benefit of comparing auto insurance online is you may find the best rates and still buy from a local agent.

Honolulu insurance agentsAfter completing this quick form, the coverage information is sent to participating agents in Honolulu who will give you bids for your business. You won’t need to find an agent on your own because prices are sent instantly to you. If you have a need to quote rates from a specific company, you just need to go to their quote page and fill out the quote form the provide.

Choosing an insurance company shouldn’t rely on just a cheap quote. You should also get answers to these questions.

When looking for a local insurance agency, it can be helpful to understand the types of insurance agents and how they operate. Agents in Honolulu are considered either independent agents or exclusive agents depending on their employer. Either type can properly insure your vehicles, but it’s good to learn the difference between them since it may influence the kind of agent you use.

Exclusive Auto Insurance Agencies

Agents that elect to be exclusive can only provide one company’s prices and some examples include State Farm or Allstate. They usually cannot provide prices from multiple companies so you need to shop around if the rates are high. They are highly trained on what they offer which helps offset the inability to provide other markets.

Below are exclusive insurance agencies in Honolulu who may provide you with price quote information.

1313 S Beretania St #100Honolulu, HI 96814(808) 593-8221View Map

4510 Salt Lake Boulevard Unit D15Honolulu, HI 96818(808) 486-1111View Map

Herb Fujikawa – State Farm Insurance Agent
3538 Waialae Ave #205Honolulu, HI 96816(808) 732-1076View Map

More insurance agents

Independent Insurance Agents

These agents are not restricted to one company so they can insure your vehicles through many companies and find the cheapest rate. If prices rise, they can switch companies in-house and you won’t have to switch agencies.

When comparing rate quotes, we highly recommend that you include multiple independent agents for maximum quote selection.

Below are independent insurance agents in Honolulu that are able to give price quote information.

500 Ala Moana Blvd # 2303Honolulu, HI 96813(808) 534-7300View Map

1088 Bishop St #2210Honolulu, HI 96813(808) 841-5915View Map

1440 Kapiolani Blvd # 950Honolulu, HI 96814(808) 942-5353View Map

More insurance agents

Will just any policy work for me?

Keep in mind that when it comes to choosing proper insurance coverage for your vehicles, there really is not a perfect coverage plan. Everyone’s needs are different and your policy should reflect that.Drive safe and save
For example, these questions can aid in determining if your insurance needs will benefit from professional help.

If you don’t know the answers to these questions but one or more may apply to you then you might want to talk to an insurance agent. To find an agent in your area, complete this form or go to this page to view a list of companies. It’s fast, free and can provide invaluable advice.

You can find affordable coverage

We just showed you some good ideas how to reduce Acura TL insurance prices online in Honolulu. It’s most important to understand that the more times you quote, the better chance you’ll have of finding low cost Honolulu car insurance quotes. You may even discover the lowest priced car insurance comes from a company that doesn’t do a lot of advertising. They may have significantly lower rates on certain market segments compared to the large companies like State Farm, GEICO and Nationwide.

When buying insurance coverage, it’s a bad idea to skimp on coverage in order to save money. There have been many situations where someone sacrificed physical damage coverage and learned later they didn’t have enough coverage. Your objective should be to buy enough coverage for the lowest cost, but don’t skip important coverages to save money.

More information