It’s shocking but most insurance buyers have stayed with the same insurance company for four years or more, and 38% of drivers have never even compared quotes to find lower-cost rates. New Orleans drivers could save an average of up to $900 each year just by shopping around, but most tend to underestimate the amount of money they would save if they switched to a cheaper policy.
It takes a few minutes, but the best way to get affordable Acura TSX insurance in New Orleans is to make a habit of comparing prices annually from insurance carriers who can sell car insurance in Louisiana.
- First, get an understanding of how companies set rates and the measures you can take to prevent high rates. Many things that cause rate increases such as at-fault accidents and your credit history can be rectified by making minor changes to your lifestyle. Keep reading for information to keep prices down and get bigger discounts that may have been overlooked.
- Second, request price quotes from direct carriers, independent agents, and exclusive agents. Exclusive and direct companies can only give prices from one company like GEICO or Allstate, while agents who are independent can provide rate quotes for a wide range of insurance providers.
- Third, compare the new rate quotes to your existing rates and see if there is a cheaper rate. If you can save money, make sure there is no lapse in coverage.
- Fourth, give notification to your agent or company of your intention to cancel the current policy. Submit payment along with a signed and completed policy application for your new coverage. Make sure you place the new certificate verifying coverage in an easily accessible location.
An important bit of advice to remember is that you use the same level of coverage on each quote and and to get price estimates from as many companies as you can. Doing this ensures a fair rate comparison and a thorough price selection.
Shopping around for the most affordable policy in New Orleans is actually quite simple. In a nutshell, everyone who shops around for insurance will most likely find a lower price. Nevertheless, Louisiana consumers do need to understand how big insurance companies determine premium rates and take advantage of how the system works.
Lower-cost Acura TSX insurance in New Orleans
Companies offering auto insurance don’t list all available discounts in an easy-to-find place, so we break down both well-publicized and the harder-to-find discounts that you can inquire about if you buy New Orleans auto insurance online.
- Anti-lock Brakes – Cars, trucks, and SUVs that have anti-lock braking systems have fewer accidents and earn discounts up to 10%.
- Employee of Federal Government – Being employed by or retired from a federal job can save as much as 8% with certain companies.
- Memberships – Belonging to a civic or occupational organization in New Orleans could trigger savings when getting a New Orleans auto insurance quote.
- Low Mileage Discounts – Keeping the miles down on your Acura could be rewarded with better prices on cars that stay parked.
- Home Ownership Discount – Owning a home in New Orleans can get you a discount because owning a home demonstrates responsibility.
- Discount for Multiple Policies – If you can bundle your auto and home insurance and insure them both with the same insurance company you may save at least 10 to 15 percent or more.
- No Claims – Drivers with accident-free driving histories have much lower rates when compared to frequent claim filers.
Policy discounts save money, but some of the credits will not apply to the whole policy. Most only reduce specific coverage prices like medical payments or collision. Even though the math looks like you can get free auto insurance, it just doesn’t work that way.
The chart below visualizes the comparison of Acura TSX insurance prices with and without some available policy discounts. The premiums assume a male driver, no claims or violations, Louisiana state minimum liability limits, full physical damage coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, marriage, homeowner, multi-car, multi-policy, and claim-free discounts applied.
A few of the larger companies and some of the premium reductions they offer can be found below.
- GEICO has discounts for good student, emergency military deployment, defensive driver, anti-theft, five-year accident-free, and federal employee.
- Travelers offers discounts for early quote, IntelliDrive, payment discounts, hybrid/electric vehicle, and new car.
- Farm Bureau has savings for good student, 55 and retired, safe driver, youthful driver, multi-policy, renewal discount, and multi-vehicle.
- Liberty Mutual policyholders can earn discounts including newly retired, new move discount, hybrid vehicle, multi-car, newly married, and multi-policy.
- American Family may have discounts that include defensive driver, Steer into Savings, multi-vehicle, good student, and good driver.
- Progressive offers discounts including online signing, good student, continuous coverage, multi-vehicle, and multi-policy.
If you are trying to find affordable New Orleans auto insurance quotes, ask each insurance company which credits you are entitled to. Some credits may not apply to policyholders in New Orleans. To see insurers who offer discounts in New Orleans, click here to view.
All the larger car insurance companies make it easy to get prices on their websites. Getting quotes for Acura TSX insurance in New Orleans is pretty painless as you simply type in your personal and coverage information on the page. Upon sending the form, the company’s rating system obtains information on your driving record and credit history and generates pricing information based on the data you entered. Using the web to get rates for Acura TSX insurance in New Orleans simplifies rate comparisons, and it is imperative to perform this step if you want to get a lower rate.
To quickly get comparison pricing now, compare rates now from the companies shown below. To compare your current rates, we recommend you type in the insurance coverages identical to your current policy. This way, you will be getting rate comparison quotes for exact coverage.
The car insurance companies shown below have been selected to offer comparison quotes in Louisiana. If you want the best auto insurance in Louisiana, we recommend you compare several of them in order to find the cheapest rates.
Acura TSX insurance statistics and information
The coverage information below outlines detailed analysis of coverage costs for Acura TSX models. Having a better understanding of how auto insurance policy rates are established helps drivers make decisions on the best policy coverages.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| TSX | $284 | $564 | $414 | $24 | $124 | $1,410 | $118 |
| TSX Technology Package | $284 | $564 | $414 | $24 | $124 | $1,410 | $118 |
| Get Your Own Custom Quote Go | |||||||
Premium data assumes married female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Louisiana minimum liability limits. Discounts applied include homeowner, multi-policy, claim-free, multi-vehicle, and safe-driver. Price estimates do not factor in the specific area where the vehicle is garaged which can change prices considerably.
Choosing deductibles
When shopping for insurance, a common question is which deductibles should you choose. The rates below help summarize the difference in cost between low and high insurance deductibles. The first data set uses a $250 comprehensive and collision deductible and the second set of prices uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| TSX | $406 | $712 | $394 | $24 | $118 | $1,679 | $140 |
| TSX Technology Package | $406 | $712 | $394 | $24 | $118 | $1,679 | $140 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| TSX | $330 | $574 | $394 | $24 | $118 | $1,440 | $120 |
| TSX Technology Package | $330 | $574 | $394 | $24 | $118 | $1,440 | $120 |
| Get Your Own Custom Quote Go | |||||||
Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, and Louisiana minimum liability limits. Discounts applied include homeowner, safe-driver, multi-policy, multi-vehicle, and claim-free. Rates do not factor in garaging location in New Orleans which can lower or raise auto insurance rates significantly.
Using the data above, we can ascertain that using a $250 deductible could cost the average driver approximately $20 more each month or $240 for a full year averaged for all TSX models than requesting the higher $500 deductible. Since you would pay $250 more out-of-pocket with a $500 deductible as compared to a $250 deductible, if you tend to have at a minimum 13 months between claim filings, you would probably be better off if you elect the higher deductible.
Calculation for determining deductible levels
| Average monthly premium for $250 deductibles: | $140 |
| Average monthly premium for $500 deductibles (subtract): | – $120 |
| Monthly savings from raising deductible: | $20 |
| Difference between deductibles ($500 – $250): | $250 |
| Divide difference by monthly savings: | $250 / $20 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 13 months |
One big caveat is that increasing deductibles to lower your rates means you will have to cover more of the damage yourself when you have a comprehensive or collision claim. You will want to have enough disposable income in the event you have to pay the deductible for vehicle repair.
Accidents and violations increase rates
The chart below illustrates how traffic citations and accident claims influence Acura TSX insurance prices for different age groups. The rates are based on a single male driver, full coverage, $100 deductibles, and no discounts are applied to the premium.
Full coverage or liability only
The example below illustrates the difference between Acura TSX insurance premiums with full coverage and liability only. The rate quotes are based on no driving violations, no at-fault accidents, $100 deductibles, drivers are not married, and no discounts are applied.
Guidelines for eliminating full coverage
There isn’t a written rule to exclude physical damage insurance, but there is a guideline you can consider. If the yearly cost of full coverage is about 10% or more of the settlement you would receive from your company, then it’s probably a good time to buy liability coverage only.
For example, let’s pretend your Acura TSX settlement value is $7,000 and you have $1,000 deductibles. If your vehicle is totaled, you would only receive $6,000 after the policy deductible has been paid. If you are currently paying more than $600 a year for your policy with full coverage, the it may be a good time to stop paying for full coverage.
There are some scenarios where dropping physical damage coverage is not a good idea. If you still have a lienholder on your title, you have to maintain full coverage as part of the loan conditions. Also, if your savings is not enough to buy a different vehicle in the even your car is totaled, you should not drop full coverage.
Special considerations
When quoting and choosing the best auto insurance coverage for your personal vehicles, there is no one-size-fits-all type of policy. Your financial needs are unique so your insurance needs to address that.
For instance, these questions could help you determine if your situation will benefit from professional help.
- Should I buy additional glass protection?
- How many claims can I have before being canceled?
- Am I covered if I have no license?
- Do I need replacement cost coverage on my Acura TSX?
- Can my babysitter drive my car?
- Are my company tools covered if they get stolen?
- Where can I find high-risk insurance?
If you’re not sure about those questions but a few of them apply, you may need to chat with an insurance agent. If you don’t have a local agent, fill out this quick form or go to this page to view a list of companies.
When should I contact an insurance agent?
Many drivers would prefer to go talk to an agent and that is recommended in a lot of cases One of the benefits of price shopping on the web is the fact that drivers can get cheap rate quotes but still work with a licensed agent. Putting coverage with small agencies is important especially in New Orleans.
After completing this short form, your insurance coverage information is transmitted to insurance agents in New Orleans that can provide free New Orleans auto insurance quotes for your coverage. It’s much easier because you don’t need to search for an agent as quotes are delivered to you directly. You’ll get the best rates AND an agent nearby. If you wish to get a price quote for a specific company, you just need to visit that company’s website to submit a rate quote request.
How to choose the best car insurance agent in New Orleans
When looking for a reputable insurance agent or broker, it can be helpful to understand the different types of agents and how they function. New Orleans agents can be classified as either independent (non-exclusive) or exclusive.
Independent Agents (or Brokers)
Agents that elect to be independent are normally appointed by many insurers so they have the ability to put coverage with any number of different companies and potentially find a lower price. If premiums increase, they can switch companies in-house and the insured can keep the same agent. When comparison shopping, you will want to get rate quotes from a few independent agents so that you can do a thorough price comparison.
Featured below are New Orleans independent insurance agents that may be able to provide pricing information.
Lovecchio Insurance
1510 Robert E Lee Blvd – New Orleans, LA 70122 – (504) 284-7778 – View Map
KTS Insurance Agency
3239 Bienville St – New Orleans, LA 70119 – (504) 371-5519 – View Map
Pappalardo Agency, Inc.
145 Robert E Lee Blvd #202 – New Orleans, LA 70124 – (504) 486-7441 – View Map
Exclusive Car Insurance Agents
Agents of this type have only one company to place business with like State Farm, Allstate and AAA. Exclusive agents are unable to compare rates from other companies so always compare other rates. Exclusive insurance agents are well schooled in insurance sales which aids in selling service over price.
Listed below is a list of exclusive agents in New Orleans that can give you rate quotes.
Ed Buckley – State Farm Insurance Agent
4822 Prytania St – New Orleans, LA 70115 – (504) 891-2886 – View Map
Beth Anne Naugher – State Farm Insurance Agent
3536 Holiday Dr a – New Orleans, LA 70114 – (504) 367-6660 – View Map
Allstate Insurance: Daniel Rahman
701 Dante St c – New Orleans, LA 70118 – (504) 861-2700 – View Map
Picking an car insurance agent requires more thought than just the price. The questions below may impact your decision as well.
- Is auto insurance their primary focus in New Orleans?
- What will you get paid if your car is a total loss? How is that amount determined?
- Will you work with the agent or an assistant?
- How much will you save each year by using a higher deductible?
- Are they able to provide referrals?
Upon receiving good responses to your questions and cheaper TSX insurance quotes, you may have found a car insurance agent that meets the criteria to adequately provide car insurance. Just be aware that you have the power to terminate your policy whenever you wish so never assume you are locked into a specific company indefinitely.
Auto insurance companies ranked
Finding the right insurance provider can be a challenge considering how many companies are available to choose from in Louisiana. The company information in the lists below could help you analyze which insurers you want to consider shopping prices with.
| Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
|---|---|---|---|---|---|---|
| Travelers | 93 | 98 | 99 | 88% | A++ | 95.1 |
| USAA | 83 | 99 | 100 | 91% | A++ | 94.1 |
| Mercury Insurance | 97 | 96 | 88 | 89% | A+ | 93.4 |
| AAA Insurance | 91 | 95 | 92 | 90% | A | 93.3 |
| Nationwide | 85 | 95 | 97 | 89% | A+ | 92.4 |
| Allstate | 77 | 100 | 97 | 88% | A+ | 90.7 |
| State Farm | 80 | 94 | 96 | 88% | A++ | 90.6 |
| The Hartford | 88 | 93 | 91 | 87% | A+ | 90.4 |
| Safeco Insurance | 91 | 95 | 85 | 88% | A | 90.2 |
| Progressive | 88 | 94 | 83 | 88% | A+ | 90.1 |
| American Family | 91 | 86 | 95 | 83% | A | 89.7 |
| Esurance | 86 | 90 | 94 | 90% | A+ | 89.5 |
| The General | 86 | 93 | 89 | 84% | A- | 88.2 |
| GEICO | 79 | 89 | 95 | 87% | A++ | 87.8 |
| Titan Insurance | 86 | 82 | 92 | 86% | A+ | 86.5 |
| 21st Century | 86 | 82 | 90 | 84% | A | 86.4 |
| Liberty Mutual | 79 | 87 | 95 | 78% | A | 85.3 |
| Farmers Insurance | 77 | 80 | 80 | 84% | A | 80.3 |
| Compare Rates Now Go | ||||||
Data Source: Insure.com Best Car Insurance Companies
Auto insurance coverages explained
Understanding the coverages of your policy can help you determine appropriate coverage and proper limits and deductibles. The terms used in a policy can be difficult to understand and even agents have difficulty translating policy wording. These are the usual coverages offered by auto insurance companies.
Liability auto insurance
This provides protection from damage that occurs to people or other property that is your fault. Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see policy limits of 15/30/25 which stand for a $15,000 limit per person for injuries, a limit of $30,000 in injury protection per accident, and $25,000 of coverage for damaged property. Another option is a combined limit that pays claims from the same limit rather than limiting it on a per person basis.
Liability coverage pays for claims such as attorney fees, loss of income, bail bonds and court costs. How much liability coverage do you need? That is a personal decision, but it’s cheap coverage so purchase higher limits if possible. Louisiana requires minimum liability limits of 15/30/25 but it’s recommended drivers buy higher limits.
The chart below shows why low liability limits may not be enough.
Medical expense insurance
Personal Injury Protection (PIP) and medical payments coverage pay for expenses for X-ray expenses, hospital visits and EMT expenses. They are used to fill the gap from your health insurance program or if you do not have health coverage. They cover you and your occupants in addition to getting struck while a pedestrian. Personal Injury Protection is not universally available and gives slightly broader coverage than med pay
Collision coverage protection
This will pay to fix damage to your TSX caused by collision with an object or car. You have to pay a deductible and then insurance will cover the remainder.
Collision coverage protects against claims like sideswiping another vehicle, sustaining damage from a pot hole and scraping a guard rail. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are older. Drivers also have the option to choose a higher deductible on your TSX in order to get cheaper collision rates.
Protection from uninsured/underinsured drivers
This coverage protects you and your vehicle from other motorists when they are uninsured or don’t have enough coverage. Covered losses include hospital bills for your injuries and also any damage incurred to your Acura TSX.
Because many people carry very low liability coverage limits (15/30/25), it only takes a small accident to exceed their coverage. So UM/UIM coverage is important protection for you and your family. Most of the time these limits are set the same as your liability limits.
Comprehensive (Other than Collision)
Comprehensive insurance will pay to fix damage OTHER than collision with another vehicle or object. You first have to pay a deductible then your comprehensive coverage will pay.
Comprehensive can pay for claims like damage from getting keyed, damage from flooding, hail damage and a broken windshield. The most you’ll receive from a claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.
In conclusion
As you prepare to switch companies, make sure you don’t buy lower coverage limits just to save a few bucks. There are a lot of situations where an accident victim reduced liability coverage limits only to regret at claim time that a couple dollars of savings turned into a financial nightmare. Your goal is to buy a smart amount of coverage at the best cost, but don’t skip important coverages to save money.
More affordable auto insurance in New Orleans is possible online as well as from independent agents in New Orleans, and you should compare price quotes from both to have the best selection. Some companies don’t offer online quoting and most of the time these small, regional companies sell through independent agencies.
To read more, link through to the following helpful articles:
- What does Personal Injury Protection (PIP) Cover? (Allstate)
- How Much is New Orleans Car Insurance for a 20 Year Old Female? (FAQ)
- How Much is Auto Insurance for a Honda CR-V in New Orleans? (FAQ)
- What Car Insurance is Cheapest for Single Moms in New Orleans? (FAQ)
- Who Has Affordable New Orleans Auto Insurance Quotes for a Chevrolet Silverado? (FAQ)
- Who Has Affordable Car Insurance Rates for a 20 Year Old Male in New Orleans? (FAQ)
- Senior Drivers (Insurance Information Institute)
- Air Bags: Potential Dangers to Your Children (Insurance Information Institute)
- Auto Insurance 101 (About.com)