What is TL coverage?

Truckload (TL) — a term used for a motor carrier for hire transporting a truckload of cargo from one shipper at a time, as opposed to a less-than-truckload motor carrier that typically consolidates loads such that its cargo at any one time comes from multiple shippers.

How much is insurance on an Acura TL?

Acura TL car insurance costs an average of $1,216 per year, or around $101 per month for full coverage. Out of 52 other midsize luxury cars, the Acura TL ranks #4 for insurance cost. Drivers can find the cheapest Acura TL insurance on the 3.5 SE Sedan trim level costing an average of $1,198 per year.

What is a family car policy?

Family Car Policy: An automobile policy including one or more of the following coverages: liability, medical expense, physical damage and uninsured motorist. Coverage is only for individually owned private passenger cars and trucks.

What is TL settlement?

It indicates that the insurer has decided to pay out the insured value of the property rather than pay for it to be restored to its previous condition. The term also refers to an insurance claim that is settled for the full value of the associated coverage.

How is total loss of vehicle calculated?

The total loss threshold is calculated by dividing the vehicle’s repair cost by its actual cash value. It is expressed as a percentage. For example, suppose a vehicle will cost $8,000 to repair and its ACV is $10,000. The total loss threshold for the vehicle is 80 percent (8,000 / 10,000).

Is an Acura TL considered a sports car?

The Acura TL was introduced in 1996 as a mid-sized luxury car from Honda Motor Corporation’s luxury Acura brand name. A true sports luxury sedan, the Acura TL provides sharp looks, V6 power, cutting edge technology, and a great driving experience.

Are Acura expensive to insure?

The average cost of insurance for an Acura is $166 per month or $1,992 a year. That’s right around the average insurance rate for most cars, making Acura one of the cheapest luxury car brands for insurance rates.

How much money will I get if my car is total loss?

In case of a total loss of a vehicle, the overall cost of repair and retrieval of the vehicle exceeds 75% of the Insured Declared Value (IDV) of the vehicle. In such a case, the insurance company reimburses the current IDV of the vehicle minus the amount of compulsory excess.