When it comes to car insurance, the type of vehicle you drive is a pretty big deal. The make and model of the car, truck, or SUV you drive will have a substantial impact on how much your Ins insurer decides to charge you each month. If you already own the vehicle that you want to insure, it can be hard to find a good price if it’s an older model or if it doesn’t come with a good amount of safety features. If you own an Acura MDX, and you’re curious about how insurance companies price that particular vehicle, then you’ve come to the right place. We’ll tell you everything you need to know about how your insurance agent will evaluate your policy on an Acura MDX.
Many different models have come and gone from the Acura roster in the 30-plus years of this manufacturer’s history. In the year 2000, the MDX model was added to Acura’s portfolio. To this day, the MDX still reigns supreme as their top of the line luxury SUV. It contains three row seating which, although such a large vehicle may be difficult to navigate on the roads, makes it ideal for large families who want safety and comfort when they travel.
In 2017, Acura decided to add technologically advanced safety features to their luxury brand of cars, and the MDX was one of them. They did this in response to Toyota’s 2016 efforts to employ advanced safety measures on their vehicles. Clearly, Acura has a fairly competent business model when it comes to staying up to date with their competition. The new safety features include collision mitigation braking, adaptive cruise control, forward collision warning, and lane departure mitigation.
In addition to the make and model of your vehicle, as well as safety features, the amount of money you pay for your auto insurance premiums will vary by location. In the chart below, you can see how premiums will vary widely from state to state. Additionally, they will vary from zip code to zip code as well. Friends who live a mile or two apart from each other could be paying different monthly rates for the same vehicle, based on zip code alone.
Beyond all the factors we’ve discussed so far, your monthly premium can vary from insurance company to insurance company as well. Very few insurance companies actually charge the same rates; that’s why comparison shopping is so important. Certain companies cater to specific types of drivers, and may charge wildly different rates from one person to another based on their particular business model.
Even your credit score can make a significant difference between paying and affordable premium, and pain and exorbitant premium every month. Just look at the chart below. The simple difference between good and excellent credit can cost some drivers over $1,600 a year extra for their insurance policy. On the other hand, some companies are a little more forgiving when it comes to mild blemishes on your financial record.
As you can see, shopping around for the best monthly rate is an essential part of finding an affordable insurance policy for your vehicle. Plus, if you get good coverage at a good price with a good company, it’ll give you the peace of mind knowing that you and your vehicle will be protected in case something bad happens. When you’re ready, just put your ZIP code in our quote generator and find the most affordable deals near you.