How Much Does 2015 Audi S5 Insurance Cost?

Trying to find the cheapest auto insurance rates for your Audi S5? Cutting costs on auto insurance is challenging for beginners to comparison shopping online. Drivers have so many options available that it can turn into a big hassle to locate the lowest price.

You need to take a look at other company’s rates quite often due to the fact that insurance rates fluctuate regularly. Just because you had the lowest rates on S5 coverage last year you can probably find a lower rate today. Starting right now, forget all the misinformation about auto insurance because you’re going to learn one of the easiest ways to save on auto insurance.

Which Insurance is Cheapest?

Performing a rate comparison can be a lot of work if you don’t know the fastest way to get free quotes. You could spend the better part of a day talking to insurance companies in your area, or you can utilize the web to maximize your effort.

Most of the larger companies belong to an insurance system where prospective buyers enter their coverage request one time, and each participating company then gives them pricing based on that information. This saves time by eliminating form submissions to every company.

To compare 2015 Audi S5 rates now click here (opens in new window).

The single downside to pricing coverage this way is you are unable to specify the companies to get pricing from. So if you prefer to choose specific providers to compare prices, we have a listing of low cost insurance companies in your area. Click here for list of insurance companies.

It’s up to you which method you use, but make sure you use the exact same information on every quote. If your comparisons have higher or lower deductibles you will not be able to determine which rate is truly the best. Slightly different limits can make a big difference in price. It’s important to know that having more price comparisons provides better odds of finding the best rates.

Don’t overlook these discounts

Insuring your fleet can be pricey, but discounts can save money and there are some available to cut the cost considerably. Some trigger automatically at the time you complete a quote, but some may not be applied and must be asked about prior to receiving the credit.

  • Low Mileage – Fewer annual miles on your Audi can qualify you for discounted rates on garaged vehicles.
  • Resident Student – Children who live away from home and do not have access to a covered vehicle may be able to be covered for less.
  • Federal Government Employee – Employees or retirees of the government can save as much as 8% on S5 coverage with select insurance companies.
  • Paperless Signup – A handful of insurance companies may give you up to $50 for buying your policy digitally online.
  • Pay Upfront and Save – If you pay your entire premium ahead of time rather than paying monthly you could save 5% or more.
  • Save over 55 – Mature drivers may be able to get better insurance coverage rates on S5 coverage.

As a disclaimer on discounts, some credits don’t apply to your bottom line cost. Most only cut the price of certain insurance coverages like comprehensive or collision. So even though it sounds like all those discounts means the company will pay you, you won’t be that lucky. But all discounts will cut your overall premium however.

For a list of insurers with the best insurance coverage discounts, click this link.

Is my situation unique?

When buying adequate coverage for your personal vehicles, there really is not a “best” method to buy coverage. Everyone’s situation is unique.

For example, these questions may help highlight if your insurance needs could use an agent’s help.

  • Can I drive in Mexico and have coverage?
  • Am I covered when using my vehicle for business?
  • What exactly is covered by my policy?
  • Does my 2015 Audi S5 qualify for pleasure use?
  • I have health insurance so do I need medical payments coverage?
  • What are the financial responsibility laws in my state?

If you don’t know the answers to these questions, then you may want to think about talking to a licensed insurance agent. To find lower rates from a local agent, complete this form.

Learn about insurance coverages for an Audi S5

Knowing the specifics of your policy can help you determine which coverages you need at the best deductibles and correct limits. The terms used in a policy can be confusing and nobody wants to actually read their policy.

Collision coverages – Collision insurance pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for things such as crashing into a ditch, hitting a mailbox, damaging your car on a curb, sideswiping another vehicle and scraping a guard rail. This coverage can be expensive, so you might think about dropping it from vehicles that are 8 years or older. Another option is to bump up the deductible to get cheaper collision coverage.

Uninsured or underinsured coverage – Uninsured or Underinsured Motorist coverage provides protection when other motorists do not carry enough liability coverage. It can pay for injuries to you and your family as well as damage to your Audi S5.

Due to the fact that many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Usually these limits are set the same as your liablity limits.

Medical expense coverage – Coverage for medical payments and/or PIP pay for immediate expenses for things like hospital visits, ambulance fees, dental work and pain medications. They are often utilized in addition to your health insurance policy or if you lack health insurance entirely. Medical payments and PIP cover all vehicle occupants as well as getting struck while a pedestrian. Personal Injury Protection is not universally available and gives slightly broader coverage than med pay

Liability insurance – Liability insurance provides protection from injuries or damage you cause to people or other property in an accident. This coverage protects you against claims from other people. Liability doesn’t cover your injuries or vehicle damage.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show limits of 100/300/100 that means you have a limit of $100,000 per injured person, a limit of $300,000 in injury protection per accident, and property damage coverage for $100,000. Occasionally you may see a combined single limit or CSL which combines the three limits into one amount with no separate limits for injury or property damage.

Liability insurance covers claims such as repair bills for other people’s vehicles, attorney fees, pain and suffering and loss of income. How much liability should you purchase? That is your choice, but you should buy as large an amount as possible.

Comprehensive protection – Comprehensive insurance will pay to fix damage caused by mother nature, theft, vandalism and other events. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims such as hail damage, falling objects, vandalism, damage from a tornado or hurricane and hitting a deer. The highest amount you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.