Compare Acura TL Insurance Quotes in Plano

  1. Home
  2. >
  3. Plano Auto Insurance
  4. >
  5. Acura TL

The preferred way to get affordable car insurance rates is to compare prices once a year from different companies in Plano. You can compare rates by following these steps.

  • Step 1: Get a basic knowledge of the coverage provided by your policy and the measures you can control to lower rates. Many factors that increase rates such as tickets, at-fault accidents, and your credit history can be remedied by making small lifestyle or driving habit changes.
  • Step 2: Request price quotes from direct, independent, and exclusive agents. Direct and exclusive agents can give quotes from a single company like GEICO or Farmers Insurance, while agents who are independent can provide rate quotes for a wide range of insurance providers.
  • Step 3: Compare the new rate quotes to your current policy to see if cheaper TL coverage is available in Plano. If you find better rates, ensure coverage does not lapse between policies.
  • Step 4: Notify your agent or company to cancel your current auto insurance policy and submit any necessary down payment along with the completed application to the new insurer. Once the application is submitted, put the new proof of insurance paperwork in your vehicle.

An important part of this process is to use the same deductibles and limits on every quote request and and to get prices from as many auto insurance providers as possible. This ensures a level playing field and a thorough price selection.

Discount Acura TL insuranceWe don't have to point out that fact that insurance companies don't want you quoting rates from other companies. Drivers who get comparison quotes once a year will, in all likelihood, buy a different policy because there is a good chance of finding a lower-priced company. Remarkably, a study showed that people who regularly shopped around saved an average of $860 a year compared to drivers who never compared rates.

If saving money on Acura TL insurance in Plano is your goal, then learning a little about how to shop for insurance coverage can help you be more efficient.

The quickest method we recommend to compare car insurance rates for Acura TL insurance in Plano is to understand most larger insurance companies have advanced systems to give you rate quotes. The one thing you need to do is give them some information such as coverage limits, if a SR-22 is needed, which vehicles you own, and the ages of drivers. The rating information is instantly sent to many different companies and you should receive rate quotes within a short period of time.

To compare rates for your Acura TL now, click here then complete the form.

The providers in the list below offer price comparisons in Texas. If your goal is to find cheaper car insurance in Texas, we suggest you visit two to three different companies to get the cheapest price.

Detailed insurance information

The coverage table shown next showcases different insurance coverage prices for Acura TL models. Being aware of how insurance quotes are formulated is important for drivers to make decisions when shopping around.

Acura TL Insurance Rates in Plano, TX
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
TL 3.5 $356 $788 $496 $30 $148 $1,818 $152
TL 3.5 W/Technology Package $356 $788 $496 $30 $148 $1,818 $152
TL 3.7 SH AWD $356 $788 $496 $30 $148 $1,818 $152
TL 3.7 SH W/Technology Package AWD $356 $908 $496 $30 $148 $1,938 $162
Get Your Own Custom Quote Go

Table data assumes single female driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Texas minimum liability limits. Discounts applied include multi-vehicle, safe-driver, claim-free, homeowner, and multi-policy. Rate quotes do not factor in specific Plano garaging location which can lower or raise coverage prices substantially.

Deductible comparison

One common question asked by Plano drivers is how high should your deductibles be. The figures shown below can help show the differences in premium rates when you select higher and lower coverage deductibles. The first set of rates uses a $100 physical damage deductible and the second set of prices uses a $1,000 deductible.

Acura TL insurance rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
TL 3.5 $370 $698 $382 $22 $114 $1,611 $134
TL 3.5 W/Technology Package $370 $698 $382 $22 $114 $1,611 $134
TL 3.7 SH AWD $370 $698 $382 $22 $114 $1,611 $134
TL 3.7 SH W/Technology Package AWD $370 $804 $382 $22 $114 $1,717 $143
Get Your Own Custom Quote Go
Acura TL insurance rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
TL 3.5 $206 $368 $382 $22 $114 $1,092 $91
TL 3.5 W/Technology Package $206 $368 $382 $22 $114 $1,092 $91
TL 3.7 SH AWD $206 $368 $382 $22 $114 $1,092 $91
TL 3.7 SH W/Technology Package AWD $206 $424 $382 $22 $114 $1,148 $96
Get Your Own Custom Quote Go

Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include multi-policy, multi-vehicle, claim-free, homeowner, and safe-driver. Premium costs do not factor in specific location which can increase or decrease premiums noticeably.

Based on the data above, we can derive that using a $100 deductible will cost you about $44 more each month or $528 each year across all Acura TL models than quoting the higher $1,000 deductible. Due to the fact that you would have to pay $900 more if you turn in a claim with a $1,000 deductible as compared to a $100 deductible, if you tend to average at least 20 months between claim filings, you would probably save some money if you choose the higher deductible.

How to determine if raising deductibles makes sense

Average monthly premium for $100 deductibles: $136
Average monthly premium for $1,000 deductibles (subtract): - $92
Monthly savings from raising deductible: $44
Difference between deductibles ($1,000 - $100): $900
Divide difference by monthly savings: $900 / $44
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 20 months

The example below demonstrates how choosing different deductibles and can increase or decrease Acura TL insurance premiums for different insured age categories. The data is based on a married female driver, full coverage, and no discounts are factored in.

Liability only or full coverage

The illustration below illustrates the comparison of Acura TL auto insurance costs with full physical damage coverage and with liability coverage only. The rate quotes are based on no claims or driving violations, $500 deductibles, drivers are single, and no other discounts are factored in.

When to stop buying comprehensive and collision coverage

There is no exact rule for excluding physical damage coverage, but there is a broad guideline. If the annual cost of comprehensive and collision coverage is about 10% or more of the replacement cost minus the deductible, then it might be time to consider dropping full coverage.

For example, let's pretend your Acura TL replacement value is $9,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled in an accident, the most you would receive is $8,000 after paying your deductible. If you are paying more than $800 a year for comprehensive and collision coverage, then it may be the right time to buy liability only.

There are some conditions where eliminating full coverage is not recommended. If you still have a loan on your vehicle, you have to keep full coverage in order to satisfy the requirements of the loan. Also, if your emergency fund is not enough to purchase a different vehicle in case of an accident, you should not consider dropping full coverage.

Quote Acura TL Insurance at a Discount

It's important that you understand the different types of things that go into determining your policy premiums. When consumers understand what influences your rates, this allows you to make educated decisions that may result in much lower annual insurance costs.

Save money by having multiple policies - Lots of insurance companies apply discounts to insureds that purchase more than one policy, otherwise known as a multi-policy discount. Even with this discount applied, consumers should still check prices from other companies to guarantee you are still saving the most. You may still save even more than the discount even if you insure with multiple companies

Prices for guys may be higher - Over the last 30 years, statistics show that men are more aggressive behind the wheel. The data does not necessarily mean that females are better drivers. They both get in accidents at a similar rate, but men have costlier accidents. Not only that, but men also have more aggressive citations such as DWI and reckless driving. Young men ages 16 to 20 generally have the highest accident percentage so it costs more to insure them.

The illustration below visualizes the comparison of Acura TL insurance rates for male and female drivers. The prices are based on no claims or driving violations, comp and collision included, $100 deductibles, drivers are not married, and no discounts are factored in.

Rural areas have lower premiums - Choosing to live in less populated areas is a good thing if you are looking for the lowest rates. Less people living in that area means a lower chance of having an accident in addition to lower liability claims. Drivers in populated Texas areas tend to have congested traffic and a longer drive to work. More time on the road means higher likelihood of an accident.

Reduce premiums by driving cars with good safety ratings - Cars with high safety ratings tend to have lower insurance rates. The safest vehicles reduce the chance of injuries and fewer serious injuries means your insurance company pays less passed on to you as lower rates. If your Acura has at least an "acceptable" rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website it is probably cheaper to insure.

Insurance losses for an Acura TL - Companies use past insurance losses to help set a rate to offset losses. Vehicles that the statistics show to have increased losses will have increased rates.

The table below demonstrates the historical loss data for Acura TL vehicles. For each coverage category, the loss probability for all vehicles compiled together is set at 100. Values below 100 represent a good loss history, while numbers that are greater than 100 indicate more frequent claims or an increased chance of larger losses than average.

Acura TL Insurance Loss Statistics
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
BETTER
AVERAGE
WORSE

Empty fields indicate not enough data collected
Statistics from IIHS.org for 2013-2015 Model Years

Three reasons insurance is important

Despite the high insurance cost for a Acura TL in Plano, insurance is required by state law in Texas and it also provides benefits you may not be aware of.

  • Just about all states have minimum liability requirements which means you are required to carry a minimum amount of liability coverage in order to be legal. In Texas these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
  • If your Acura has a loan, almost all lenders will require you to have physical damage coverage to ensure loan repayment if the vehicle is totaled. If you cancel or allow the policy to lapse, the lender may insure your Acura for a lot more money and make you pay for the expensive policy.
  • Insurance safeguards both your Acura TL and your personal assets. It will also pay for medical expenses for you, your passengers, and anyone else injured in an accident. One of the most valuable coverages, liability insurance, will also pay attorney fees if anyone sues you for causing an accident. If you receive damage to your vehicle caused by a storm or accident, your insurance policy will cover the damage repairs after a deductible is paid.

The benefits of having insurance more than offset the price you pay, especially for larger claims. The average driver in Texas is currently overpaying as much as $825 a year so shop around at every renewal to help ensure money is not being wasted.