Lower Your 2015 Audi A5 Car Insurance Cost

Having to pay for overpriced Audi A5 insurance can empty your savings account, especially in this economy. Comparing price quotes is free and is an excellent way to lower your monthly bill.

There is such a variety of insurers to buy insurance from, and though it is a good thing to have multiple companies, lots of choices makes it harder to find the lowest rates.

Audi A5 insurance rates have many determining factors

Smart consumers have a good feel for the different types of things that play a part in calculating your auto insurance rates. When you know what positively or negatively controls the rates you pay allows you to make educated decisions that will entitle you to much lower annual insurance costs.

Shown below are a few of the “ingredients” companies use to determine prices.

  • Lower rates come with age – Older insureds tend to be more responsible, file fewer claims and are safer drivers. Young drivers are known to be less responsible when behind the wheel therefore auto insurance rates are much higher.
  • Big city or small town – Living in small towns and rural areas is a positive aspect when it comes to auto insurance. Fewer people translates into fewer accidents. Urban drivers have to deal with more traffic problems and much longer commute distances. More time on the road can result in more accidents.
  • Never let your coverage lapse – Having an insurance coverage lapse is a quick way to bump up your auto insurance costs. Not only will rates go up, but not being able to provide proof of insurance can result in a steep fine or even jail time.You may need to file a SR-22 with your state motor vehicle department.
  • Safer occupants lowers premiums – Cars with high safety ratings tend to have better insurance rates. The safest vehicles protect occupants better and fewer injuries translates into fewer and smaller insurance claims passed on to you as lower rates. If your Audi A5 earned at least four stars on Safercar.gov or an “acceptable” rating on iihs.org it may be receiving lower rates.
  • Discounts for married couples – Having a spouse can get you a discount on your auto insurance policy. Having a significant other means you’re more mature than a single person and it’s statistically proven that being married results in fewer claims.

Discounts are basically free money

Car insurance companies don’t list every discount in a way that’s easy to find, so we took the time to find both well-publicized and also the lesser-known ways to save on insurance.

  • Theft Prevention System – Vehicles with anti-theft systems prevent vehicle theft and qualify for as much as a 10% discount.
  • Passive Restraint Discount – Vehicles equipped with air bags may earn rate discounts of up to 25% or more.
  • Senior Discount – Older drivers may be able to get a discount up to 10% for A5 insurance.
  • Military Discounts – Having a deployed family member could mean lower rates.
  • Seat Belt Usage – Buckling up and requiring all passengers to use their safety belts can save 10% or more off the personal injury premium cost.
  • Braking Control Discount – Vehicles equipped with ABS or steering control prevent accidents and qualify for as much as a 10% discount.
  • Auto/Life Discount – Select insurance companies reward you with lower rates if you buy a life insurance policy as well.
  • Paperwork-free – Some insurance companies give back up to $50 simply for signing over the internet.
  • Discount for New Cars – Buying coverage on a new vehicle is cheaper since new cars are generally safer.

Drivers should understand that most credits do not apply to your bottom line cost. Most only apply to specific coverage prices like comprehensive or collision. Just because you may think having all the discounts means you get insurance for free, it just doesn’t work that way.

Car insurance companies that may have these money-saving discounts include:

Before buying, ask each company which discounts they offer. Some discounts may not apply everywhere.

Save $483 a year. For real?

Car insurance providers like State Farm, Geico and Progressive constantly bombard you with ads on TV and radio. They all have a common claim of big savings if you switch your coverage to them. How do they all claim to save you money? It’s all in the numbers.

Different companies have a certain “appetite” for the type of driver that earns them a profit. A good example of a preferred risk could be between 30 and 50, has no tickets, and has a short commute. A driver who meets those qualifications is entitled to the best price and therefore will save when they switch companies.

Consumers who do not match this ideal profile will be quoted a more expensive rate and ends up with business going elsewhere. The ads state “drivers who switch” not “people who quote” save money. That is how companies can advertise the way they do. This emphasizes why you should get quotes from several different companies. It’s not possible to predict which company will provide you with the cheapest Audi A5 insurance rates.

Which insurance is the “right” coverage?

When it comes to choosing coverage for your personal vehicles, there really is not a one size fits all plan. Your needs are not the same as everyone else’s and a cookie cutter policy won’t apply. For example, these questions might help in determining if you would benefit from an agent’s advice.

  • Should I get collision insurance on every vehicle?
  • Is my nanny covered when driving my vehicle?
  • Can I pay claims out-of-pocket if I buy high deductibles?
  • Do I need higher collision deductibles?
  • Are my friends covered when driving my car?
  • How can I force my company to pay a claim?
  • Am I covered when driving on a suspended license?
  • Should I have a commercial auto policy?
  • Will filing a claim cost me more?

If you’re not sure about those questions, you may need to chat with a licensed insurance agent. To find lower rates from a local agent, take a second and complete this form or you can go here for a list of companies in your area.

Specific coverages for an Audi A5

Knowing the specifics of your policy helps when choosing the best coverages and proper limits and deductibles. Policy terminology can be difficult to understand and coverage can change by endorsement. Shown next are typical coverages offered by auto insurance companies.

Liability coverages

Liability insurance can cover damages or injuries you inflict on other people or property in an accident. This coverage protects you against other people’s claims, and does not provide coverage for damage to your own property or vehicle.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You commonly see limits of 100/300/100 that means you have a $100,000 limit per person for injuries, a per accident bodily injury limit of $300,000, and property damage coverage for $100,000.

Liability can pay for things such as legal defense fees, repair bills for other people’s vehicles, attorney fees, pain and suffering and repair costs for stationary objects. How much liability should you purchase? That is a decision to put some thought into, but consider buying higher limits if possible.

Uninsured/Underinsured Motorist (UM/UIM)

This provides protection when the “other guys” are uninsured or don’t have enough coverage. Covered losses include injuries to you and your family and damage to your 2015 Audi A5.

Since a lot of drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.

Comprehensive insurance

Comprehensive insurance covers damage that is not covered by collision coverage. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers things such as hitting a deer, a broken windshield, a tree branch falling on your vehicle and vandalism. The highest amount a auto insurance company will pay at claim time is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Collision coverage protection

Collision insurance pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You will need to pay your deductible then your collision coverage will kick in.

Collision insurance covers claims like colliding with a tree, hitting a mailbox, crashing into a building and crashing into a ditch. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are older. You can also bump up the deductible in order to get cheaper collision rates.

Med pay and Personal Injury Protection (PIP)

Personal Injury Protection (PIP) and medical payments coverage reimburse you for short-term medical expenses such as prosthetic devices, ambulance fees and chiropractic care. They are used in conjunction with a health insurance program or if you do not have health coverage. It covers both the driver and occupants and also covers being hit by a car walking across the street. Personal injury protection coverage is not available in all states but it provides additional coverages not offered by medical payments coverage

A tidy conclusion

As you shop your coverage around, you should never reduce coverage to reduce premium. In many instances, someone sacrificed collision coverage only to find out that saving that couple of dollars actually costed them tens of thousands. The proper strategy is to buy a smart amount of coverage at the best price, not the least amount of coverage.

The cheapest 2015 Audi A5 insurance is attainable online as well as from independent agents, and you need to price shop both so you have a total pricing picture. Some insurance coverage companies don’t offer online quoting and usually these smaller companies provide coverage only through local independent agents.

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