Lower Your 2017 Audi RS 7 Insurance Rates

If you are new to getting insurance quotes online, there’s a good chance you are bewildered thanks to the incredible selection of online car insurance companies and websites that all promise the best rates.

It’s a good habit to do rate comparisons before your policy renews because prices are variable and change quite frequently. Despite the fact that you may have had the best rate for RS 7 coverage on your last policy you can probably find a lower rate today. There is a lot of bad advice regarding car insurance out there, but in a few minutes you can learn the easiest ways to save money.

This article will help educate you on the best way to quote coverages and some tips to save money. If you have car insurance now, you stand a good chance to be able to save some money using this information. Although car owners can benefit from knowing the way companies market insurance on the web and use this information to your advantage.

How to get car insurance rate quotes

There are a lot of ways to compare car insurance quotes, but some are less labor-intensive and much quicker. You can waste hours discussing policy coverages with agents in your area, or you can stay home and use the internet to get the quickest rates.

Most car insurance companies participate in an industry program where prospective buyers submit their information once, and at least one company returns a rated price determined by their information. This saves time by eliminating repetitive form submissions for each company. To use this form to compare rates click here (opens in new window).

One minor caviat to using this type of system is you can’t choose which providers to get quotes from. If you would rather choose specific providers for rate comparison, we have a listing of the cheapest car insurance companies in your area. Click here for list of insurance companies.

It doesn’t matter which method you choose, just make absolute certain that you use the same coverage limits with every price quote. If each company quotes mixed coverages it’s impossible to make an equal comparison. Having just a slight variation in limits can make a big difference in price. And when comparing car insurance rates, know that more quotes helps you find a better price.

Pay discount rates these discounts

Companies that sell car insurance don’t always advertise all available discounts very clearly, so the below list has a few of the more well known and also the lesser-known discounts that you can inquire about if you buy insurance online.

  • Theft Prevention System – Vehicles that have factory anti-theft systems prevent vehicle theft and that can save you a little bit as well.
  • Discount for Home Ownership – Just being a homeowner can help you save on car insurance since owning and maintaining a home shows financial diligence.
  • Cautious Driver Discount – Accident-free drivers could pay up to 40% less for RS 7 coverage compared to accident prone drivers.
  • Discounts for Federal Employees – Simply working for the federal government can save as much as 8% for RS 7 coverage with a few car insurance companies.
  • Good Student – Getting good grades may save as much as 25% on a insurance quote. Most companies allow this discount up to age 25.
  • Accident Free – Claim-free drivers can save substantially as opposed to policyholders that have many claims.

It’s important to understand that most credits do not apply to the entire cost. The majority will only reduce the price of certain insurance coverages like liability and collision coverage. If you do the math and it seems like it’s possible to get free car insurance, that’s just not realistic.

A partial list of companies that may have many of the previously listed discounts are:

Before purchasing a policy, check with every prospective company to apply every possible discount. Depending on the company, some discounts may not be offered in your area. To view companies with discount rates, follow this link.

Special considerations

When it comes to buying the right insurance coverage for your personal vehicles, there isn’t really a single plan that fits everyone. Everyone’s situation is a little different.

For example, these questions could help you determine whether or not you would benefit from professional advice.

  • How much can I save by bundling my policies?
  • Is my teen driver covered when they drive my company car?
  • When can I cancel my policy?
  • Is my babysitter covered when using my vehicle?
  • Is a new car covered when I drive it off the dealer lot?
  • Is my 2017 Audi RS 7 covered for flood damage?
  • Do I need an umbrella policy?

If you can’t answer these questions but a few of them apply, then you may want to think about talking to a licensed agent. To find lower rates from a local agent, take a second and complete this form.

How to lower your insurance prices

Many different elements are considered when you get a price on insurance. Some are obvious such as your driving history, but others are not as apparent such as your marital status and annual miles driven.

  • Additional coverages that may be costing you – There are many additional coverages that you can get tricked into buying on your 2017 RS 7 policy. Coverages for coverage for rental cars, high-cost glass coverage, and Farm Bureau memberships could be just wasting money. You may think they are a good idea when discussing your needs, but if you don’t need them eliminate the coverages to reduce your premium.
  • Marriage pays dividends – Getting married may cut your premiums on your policy. Marriage means you’re more mature and responsible and it’s proven that being married results in fewer claims.
  • Poor driving means higher costs – Your driving citation history impacts your car insurance rates tremendously. Even one speeding ticket or other violation can increase rates forty percent or more. Drivers who don’t get tickets get better prices as compared to careless drivers. Drivers who have received license-revoking tickets such as DUI or reckless driving might be required by their state to complete a SR-22 with their state DMV in order to legally drive a vehicle.
  • Poor credit decisions can cost you – Having a bad credit score is likely to be a major factor in determining what you pay. Therefore, if your credit history is low, you may save money insuring your 2017 Audi RS 7 if you clean up your credit. Consumers who have very high credit ratings tend to be better drivers and file fewer claims than drivers who have bad credit.
  • Protect yourself with liability insurance – The liability coverage on your policy provides coverage when you are determined to be liable for an accident. This coverage provides legal defense coverage which can cost a lot. Carrying liability coverage is mandatory and cheap compared to insuring for physical damage coverage, so insureds should have plenty of protection for their assets.
  • Gals tend to cost less – Statistics have proven that men are more aggressive behind the wheel. That doesn’t necessarily mean that men are WORSE drivers than women. Both genders get in fender benders at about the same rate, but guys cause more damage and cost insurance companies more money. In addition to higher claims, males also get ticketed for serious violations such as reckless driving.
  • Be proud to be claim-free – If you file claims often, you should expect increased rates or even have your policy non-renewed. Companies award discounts to insureds who only file infrequent claims. Your insurance policy is designed for larger claims.

Slick advertising tricks that work

Big name companies like Progressive, GEICO, Allstate and State Farm endlessly run television, radio, and online ads. They all state the claim about how much you will save if you switch your policy. How does every insurance coverage company charge you a lower premium? This is the way they can do it.

Different companies quote the lowest rates for the type of insured that earns them a profit. For instance, this type of risk profile should be a female over age 40, carries full coverage, and drives newer vehicles. Any driver who meets those qualifications will qualify for the lowest car insurance rates as well as save when they switch companies.

Insureds who do not meet these standards will probably be forced to pay higher premiums and the customer not buying. The ads say “customers that switch” not “all people who quote” save money. That’s why companies can truthfully make it sound like they have such great car insurance rates.

This emphasizes why you really need to do a rate comparison at every renewal. It is impossible to predict which insurance coverage company will fit your personal profile best.

Insurance coverages explained

Learning about specific coverages of your insurance policy aids in choosing the right coverages and proper limits and deductibles. Insurance terms can be difficult to understand and nobody wants to actually read their policy.

Collision coverage

This coverage covers damage to your RS 7 resulting from colliding with a stationary object or other vehicle. A deductible applies then the remaining damage will be paid by your insurance company.

Collision can pay for claims such as damaging your car on a curb, crashing into a building, colliding with another moving vehicle and driving through your garage door. Paying for collision coverage can be pricey, so you might think about dropping it from lower value vehicles. Another option is to increase the deductible in order to get cheaper collision rates.

Medical payments coverage and PIP

Med pay and PIP coverage pay for immediate expenses such as pain medications, surgery, dental work, chiropractic care and nursing services. They are used to cover expenses not covered by your health insurance plan or if there is no health insurance coverage. Coverage applies to both the driver and occupants as well as any family member struck as a pedestrian. Personal injury protection coverage is not universally available but it provides additional coverages not offered by medical payments coverage

Comprehensive coverage

Comprehensive insurance covers damage that is not covered by collision coverage. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims such as fire damage, damage from flooding, rock chips in glass, damage from a tornado or hurricane and vandalism. The maximum amount your insurance company will pay is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Auto liability

Liability insurance can cover damages or injuries you inflict on a person or their property. This insurance protects YOU against claims from other people, and doesn’t cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have liability limits of 50/100/50 which stand for $50,000 in coverage for each person’s injuries, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000. Alternatively, you may have one number which is a combined single limit which limits claims to one amount rather than limiting it on a per person basis.

Liability coverage protects against things such as funeral expenses, medical expenses, repair costs for stationary objects, court costs and medical services. The amount of liability coverage you purchase is a decision to put some thought into, but it’s cheap coverage so purchase higher limits if possible.

Uninsured/Underinsured Motorist coverage

This coverage protects you and your vehicle’s occupants from other drivers when they do not carry enough liability coverage. This coverage pays for medical payments for you and your occupants as well as your vehicle’s damage.

Since a lot of drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages should not be overlooked. Frequently your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

Money doesn’t grow on trees

More affordable insurance coverage can be bought from both online companies and from local agencies, and you need to price shop both to have the best rate selection. Some insurance coverage companies may not provide online rate quotes and these regional insurance providers sell through independent agents.

When buying insurance coverage, it’s not a good idea to buy lower coverage limits just to save a few bucks. In many cases, an insured cut liability limits or collision coverage only to discover later that saving that couple of dollars actually costed them tens of thousands. Your focus should be to buy a smart amount of coverage at the best price, not the least amount of coverage.

Drivers leave their current company for any number of reasons including lack of trust in their agent, high prices, not issuing a premium refund and even high rates after DUI convictions. Regardless of your reason, choosing a new company is not as hard as you think.

Other articles