Insurance companies base their rates on many factors but the most important is the car’s make/model. Acura is a luxury brand so it is natural that insurance for Acura would be costly. According to Bankrate’s 2021 study on annual premiums, the national average cost for car insurance with full coverage is $1.674 per year. This is based upon data about a 2019 Toyota Camry. The cost of Acura coverage is generally not significantly higher than the national average for a basic Toyota Camry.
Other than the make and model, there are many other factors that can impact the cost of car coverage. These include location, driver age, and driving record.
This review includes models:
- Acura MDX
- Acura RDX
- Acura TLX
- Acura RLX
- Acura ILX
What is the cost of Acura insurance?
The average premium for full coverage across all Acura models is $1,769 annually — premiums can vary depending on which model they are and what insurer they are. The national average cost for full coverage is $1,674, based on a 2019 Toyota Camry. This average is $8 more than the average monthly premium.
The make and model of a car has a sizable impact on the average cost of car insurance you can expect to pay. Insurance companies will have different rates than each other. However, rates will also vary based on the car’s make or model.
When setting rates for every make and model, insurers consider many factors about vehicles. The Insurance Institute of Highway Safety, (IIHS), gives the MDX/RDX, two of the most popular Acura models — both SUVs — very high marks.
All other Acura models, including sedans, are also in good standing with the IIHS. Acuras are highly rated by the IIHS for their safety features such as their safety cage and structure. This may decrease the possibility of a claim and make it less likely that insurers will have to pay for it.
Parts cost is another important factor that insurers take into consideration. Acura, Honda’s luxury brand of vehicles, tends to have more expensive parts which can increase insurance premiums.
Car insurance for Acura models:
It is helpful to know how insurance premiums differ by model. However, rates will vary depending on each individual’s driving record and unique circumstances.
An Acura MDX is the marquee SUV of the company. The annual average cost for full coverage is $1,619. This is lower than the national average for a Toyota Camry 2019. Generally, SUVs are less expensive to insure because they are more likely to survive a collision, and the MDX has very high marks for safety.
The average cost of Acura RDX insurance is $1,472. This is even lower than the MDX. However, the RDX has the same safety rating as the MDX but is smaller and more affordable.
Acura TLX is the flagship luxury sedan of the company. It costs an average $1,685 to insure full coverage. Despite receiving high safety ratings from IIHS, sedans can be more costly to insure than SUVs.
The Acura RLX was Acura’s flagship sedan before it was discontinued in 2020. It is currently the most costly Acura to fully insure at $2,450 per year, based on national averages.
Because it is less expensive than most cars, the annual cost of fully insuring the subcompact Acura IllX is $1621, which is less than the national average.
Cheapest Acura insurance
Insurers differ in how they determine the cost of coverage for each Acura model, but generally the Acura SUVs are less expensive to insure, based on rates from the 5 largest insurers in the country by market share. Erie Insurance has the lowest annual premium rate for Acura models. However, rates will vary for each driver depending on their individual circumstances.
Acura features that can impact insurance costs
- Advanced Compatibility Engineering body structure. Recent Acura models have been redesigned to make the car’s body safer for its occupants. In frontal collisions, the force is distributed across the entire vehicle’s front. Because of this structural integrity, insurers may offer lower premiums due to the decreased risk of injury to Acura’s occupants and the increased survival rate of the vehicles.
- Crash Prevention Systems: Acura has installed a series of crash prevention systems on its vehicles including automatic emergency braking, lane-centering steering and pedestrian detection. These features are considered to reduce the risk of accidents, which may lead to lower premiums for insurers.
- Blind spot assistance: All Acura models have safety cameras that include blind spot assistance. This helps drivers avoid potential dangers. This technology aids in crash mitigation, which is why insurance companies might charge lower premiums.
Additional car insurance coverages for Acura
There are many options available to you from minimal coverage to full coverage. Your state’s requirements for liability determine minimum coverage, while lenders may require full coverage, but you can opt for a higher level of financial protection.
The three main areas of insurance coverage that insurance premiums cover are liability coverage, collision coverage, and comprehensive coverage. Collision and comprehensive are meant to protect your vehicle from damage due to covered losses. Liability, however, is for injuries or damages caused by others.
