2014 Audi SQ5 Insurance Quotes

Want the cheapest auto insurance rates for your Audi SQ5? Are you sick and tired of trying to scrape together enough money to insure your Audi every month? You are no different than many other consumers.

Companies like GEICO, 21st Century and Progressive continually bombard you with catchy ads and it is difficult to see past the corporate glitz and do the work needed to find the best deal.

If you have car insurance now, you will most likely be able to reduce your rates substantially using this strategy. Finding the best rates is easy if you know what you’re doing. Although drivers can benefit from knowing the methods companies use to price online insurance and take advantage of how the system works.

These discounts can lower your rates

The price of auto insurance can be rather high, but there are discounts available to help bring down the price. Certain discounts will be applied when you quote, but less common discounts must be specifically requested before you will receive the discount.

  • Lower Rates for Military – Having a deployed family member could be rewarded with lower premiums.
  • Seat Belts Save – Drivers who require all occupants to use a seat belt could cut 10% or more on the medical payments or PIP coverage costs.
  • Claim Free – Drivers who don’t have accidents can save substantially compared to accident-prone drivers.
  • Sign Early and Save – A few companies offer discounts for switching to them prior to your current policy expiration. It can save you around 10%.
  • Theft Prevention Discount – Cars that have factory anti-theft systems can help prevent theft and earn discounts up to 10%.
  • Braking Control Discount – Anti-lock brake equipped vehicles can reduce accidents and therefore earn up to a 10% discount.
  • Life Insurance Discount – Some companies give a break if you buy life insurance.
  • Low Mileage – Fewer annual miles on your Audi can qualify you for better rates on cars that stay parked.

Keep in mind that some of the credits will not apply to the overall cost of the policy. A few only apply to specific coverage prices like medical payments or collision. Just because it seems like all those discounts means the company will pay you, you’re out of luck. Any qualifying discounts will reduce your overall premium however.

To see a list of providers with discount insurance rates, follow this link.

Auto Insurance Quote Comparison

To find the best auto insurance prices, there are several ways of comparing rate quotes from local auto insurance companies. One of the best ways to find the cheapest 2014 Audi SQ5 insurance rates is to get quotes online. This is very easy and can be done in several different ways.

  • The recommended way to get the best comparison quotes is a comparison rater form (click to open form in new window). This type of form saves time by eliminating separate quotation requests for every auto insurance company. One form will get you rate comparisons from multiple low-cost companies.
  • A different way to compare rate quotes is going to the website for every company you want to comare to complete their respective quote request forms. For instance, let’s say you want to compare rates from Allstate, Safeco and Travelers. To get rate quotes you would need to take the time to go to each site and enter your information, which is why the first method is more popular. For a handy list of car insurance company links in your area, click here.

It’s your choice how you get your quotes, but be sure to compare exactly the same coverages on every quote you get. If your comparisons have different values for each quote it’s impossible to determine the lowest rate for your Audi SQ5. Having just a slight variation in limits may cause a big price difference. Keep in mind that comparing a large number of companies helps you find lower pricing.

Audi SQ5 insurance rates consist of many parts

Smart consumers have a good feel for the rating factors that play a part in calculating insurance coverage rates. Having a good understanding of what influences your rates enables informed choices that can help you get better insurance coverage rates.

Shown below are some of the items insurance coverage companies consider when setting your rates.

  • Having a spouse can save you money – Being married helps lower the price on your insurance coverage policy. It translates into being more mature it has been statistically shown that drivers who are married are more cautious.
  • Your credit rating is important – Having a bad credit score is a huge factor in your rate calculation. Drivers who have high credit ratings tend to be better drivers and file fewer claims as compared to drivers with lower credit scores. So if your credit history is low, you could potentially save money when insuring your 2014 Audi SQ5 by improving your rating.
  • How your age affects price – Older insureds are more responsible, statistically cause fewer accidents and are safer drivers. Youthful drivers have a tendency to be more careless when behind the wheel therefore insurance coverage rates are much higher.
  • Lower miles equals lower premium – The more you drive every year the more you will pay for insurance coverage. Almost all companies charge to insure your cars based upon how you use the vehicle. Cars left parked in the garage can get a lower rate than vehicles that are driven to work every day. Improper usage on your SQ5 may be wasting your money. Make sure your insurance coverage policy shows the correct driver usage, because it can save money.
  • Do men or women drive better? – Statistics show that women are safer drivers than men. However, don’t assume that women are BETTER drivers than men. Women and men cause accidents at about the same rate, but the males cause more damage and cost insurance companies more money. They also receive more costly citations such as DWI and reckless driving.
  • High deductibles save money – Your deductibles define the amount you are willing to pay out-of-pocket before your insurance coverage pays a claim. Coverage for physical damage, otherwise known as comp (or other than collision) and collision, is used to repair damage to your car. Some examples of claims that would be covered could be running into the backend of another car, damage from fire, and burglary. The higher the amount the insured has to pay upfront, the less your insurance coverage will be for SQ5 insurance.

Different people need different coverages

When it comes to buying adequate coverage, there is no “perfect” insurance plan. Everyone’s needs are different so this has to be addressed. Here are some questions about coverages that might help in determining if your situation could use an agent’s help.

  • How high should my uninsured/underinsured coverage be in my state?
  • Can I still get insurance after a DUI?
  • Why am I required to buy liability insurance?
  • Should I buy full coverage?
  • Is my vehicle covered by my employer’s policy when using it for work?
  • Will I lose any money if I cancel my policy before it expires?
  • Do I benefit by insuring my home with the same company?
  • If my pet gets injured in an accident are they covered?
  • Is rental equipment covered for theft or damage?

If you don’t know the answers to these questions, then you may want to think about talking to a licensed insurance agent. If you don’t have a local agent, complete this form or you can go here for a list of companies in your area.

Coverages available on your insurance policy

Knowing the specifics of a insurance policy can help you determine appropriate coverage and proper limits and deductibles. The terms used in a policy can be confusing and even agents have difficulty translating policy wording. Shown next are typical coverages offered by insurance companies.

Auto liability

This coverage can cover damage or injury you incur to a person or their property by causing an accident. It protects you from legal claims by others. Liability doesn’t cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You commonly see values of 50/100/50 that translate to a limit of $50,000 per injured person, a per accident bodily injury limit of $100,000, and $50,000 of coverage for damaged propery. Alternatively, you may have a combined limit that pays claims from the same limit without having the split limit caps.

Liability coverage pays for claims like repair costs for stationary objects, funeral expenses, pain and suffering and medical expenses. The amount of liability coverage you purchase is a decision to put some thought into, but consider buying as large an amount as possible.

Collision protection

This coverage will pay to fix damage to your SQ5 caused by collision with another vehicle or an object, but not an animal. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers things such as sideswiping another vehicle, colliding with a tree and crashing into a building. This coverage can be expensive, so you might think about dropping it from vehicles that are older. You can also choose a higher deductible to get cheaper collision coverage.

UM/UIM (Uninsured/Underinsured Motorist) coverage

This protects you and your vehicle’s occupants from other drivers when they are uninsured or don’t have enough coverage. Covered claims include injuries sustained by your vehicle’s occupants and damage to your Audi SQ5.

Due to the fact that many drivers only carry the minimum required liability limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages should not be overlooked. Frequently the UM/UIM limits are similar to your liability insurance amounts.

Medical payments and PIP coverage

Personal Injury Protection (PIP) and medical payments coverage kick in for bills such as X-ray expenses, hospital visits, EMT expenses and funeral costs. The coverages can be used to cover expenses not covered by your health insurance program or if there is no health insurance coverage. It covers all vehicle occupants and also covers being hit by a car walking across the street. PIP coverage is only offered in select states but can be used in place of medical payments coverage

Comprehensive auto coverage

This coverage pays for damage from a wide range of events other than collision. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims such as vandalism, theft, hitting a bird and fire damage. The maximum payout your insurance company will pay is the actual cash value, so if the vehicle is not worth much consider dropping full coverage.

Don’t break the bank

In this article, we covered a lot of tips how to get a better price on 2014 Audi SQ5 insurance. The most important thing to understand is the more price quotes you have, the better likelihood of reducing your rate. Drivers may discover the biggest savings come from an unexpected company. Some small companies often have lower prices on specific markets compared to the large companies like Progressive and GEICO.

As you prepare to switch companies, never buy less coverage just to save a little money. There are a lot of situations where someone sacrificed full coverage only to regret that it was a big mistake. Your strategy should be to buy a smart amount of coverage at an affordable rate, not the least amount of coverage.

More information