Compare 2014 Audi RS 5 Car Insurance Cost

Wish you could get a refund on high-priced insurance? Don’t feel bad because there are many consumers feeling the pinch from expensive insurance.

Companies like GEICO, 21st Century and Progressive constantly bombard you with ad campaigns and it is challenging if not impossible to ignore the flying pigs and cute green geckos and find the best price available.

If you are paying for car insurance now, you should be able to save some money using these techniques. Buying car insurance is quite easy. But consumers can benefit by having an understanding of how insurance companies sell online and apply this information to your search.

How to buy auto insurance

There are a lot of ways to shop for auto insurance, but some are easier and takes less work. You could spend the better part of a day talking about coverages with insurance companies in your area, or you can stay home and use the internet to accomplish the same thing much quicker.

Most of the best insurance companies belong to a marketplace where insurance shoppers complete one form, and at least one company returns a competitive quote for coverage. This eliminates the need for quotation requests to every company. To access this free quoting program, click here to start a free quote.

The one downside to getting quotes like this is that consumers can’t choose which insurance companies to receive prices from. So if you want to select individual companies to compare, we have a page of auto insurance companies in your area. Click here for list of insurance companies.

Take whichever approach you prefer, but be sure you’re using apples-to-apples information for each quote you get. If the quotes have differing limits you will not be able to make a fair rate comparison. Slightly different insurance coverages or limits could throw off the whole comparison. Just keep in mind that obtaining a wide range of quotes will increase your chances of finding a lower rate than you’re paying now. Not every company allows you to get prices over the internet, so it’s important to also get prices from the smaller companies as well.

Discount insurance coverage quotes

Some providers don’t necessarily list every possible discount very well, so the following list contains some of the more common in addition to some of the lesser obvious ways to save on insurance coverage.

  • Safety Restraint Discount – Drivers who require all occupants to buckle their seat belts can save up to 10 percent (depending on the company) off the medical payments premium.
  • Driver Education Discount – Require your teen driver to enroll in driver’s education if offered at their school.
  • Early Switch Discount – A few insurance coverage companies offer discounts for renewing your policy prior to your current policy expiration. The savings is around 10%.
  • Organization Discounts – Being a member of qualifying employment or professional organizations could earn you a nice discount on your next insurance coverage statement.
  • Payment Discounts – If you pay your bill all at once rather than paying monthly you could save 5% or more.
  • Discount for Home Ownership – Simply owning a home may trigger a policy discount on insurance coverage due to the fact that maintaining a home requires a higher level of personal finance.
  • Data Collection Discounts – Insureds that choose to allow their company to monitor driving habits by installing a telematics device such as Progressive’s Snapshot and State Farm’s In-Drive could possibly reduce rates as long as they are good drivers.
  • Sign Online – A handful of insurance companies will give you a small discount for buying your policy on their website.

Consumers should know that many deductions do not apply to the overall cost of the policy. The majority will only reduce specific coverage prices like medical payments or collision. Even though the math looks like you can get free auto insurance, you aren’t that lucky.

Insurance companies that may have some of the above discounts may include but are not limited to:

If you need cheap insurance quotes, ask every insurance company how you can save money. A few discounts may not apply to policies in your state. To view insurance companies who offer online insurance coverage quotes, follow this link.

Smart choices result in lower insurance rates

Many different elements are part of the equation when premium rates are determined. Some are obvious such as traffic violations, but other factors are more obscure such as your credit history or how safe your car is.An important part of buying insurance is that you know some of the elements that play a part in calculating insurance rates. When you understand what positively or negatively impacts your premiums, this helps enable you to make changes that may reward you with big savings.

  • Gender impacts prices – Over the last 50 years, statistics have shown women tend to be less risk to insure than men. The data does not necessarily mean that males are worse at driving than females. Males and females cause auto accidents in similar percentages, but males have costlier accidents. Men also tend to receive more costly citations such as reckless driving. Male drivers age 16 to 19 are most likely to cause an accident and therefore are the most expensive to insure.
  • You might want pay the small policy claims yourself – Companies provide the lowest premiums to people who file claims infrequently. If you are a frequent claim filer, you can pretty much guarantee either policy cancellation or increased premiums. Your car insurance is intended to be relied upon for claims that pose a financial burden.
  • Lower stress equals lower premiums – Did you know your career choice can influence rates? Occupations like military personnelair traffic controllers and miners generally pay the highest rates due to intense work-related stress and long work hours. Conversely, careers like scientists, historians and performers have the lowest average rates for RS 5 insurance.
  • Accidents cost more than a fine – Your driving citation history can have a huge impact on auto insurance premiums. Good drivers have lower premiums as compared to careless drivers. Only having one moving violation may increase your cost by twenty percent. Drivers with multiple citations like DUI, reckless driving or excessive speeding may find that they have to to file a SR-22 with their state’s department of motor vehicles in order to prevent their license from being revoked.
  • High comp and collision deductibles equal low rates – The deductibles are the amount of money you are required to spend before a claim is paid by your company. Physical damage protection, aka comp and collision, insures against damage to your car. Some examples of claims that would be covered are a windshield broken by a bird, vandalism, or theft of your vehicle. The more of the claim you have to pay, the less money you will pay for insurance for RS 5 insurance.
  • Prevent your car from being stolen – Choosing to buy a car with a theft deterrent system can save you some money. Theft prevention devices such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all aid in stopping auto theft and help lower rates.
  • Annual mileage impacts rates – Driving a lot of miles in a year’s time the higher your rate. Almost all companies rate vehicles based upon how much you drive. Cars and trucks not used for work or commuting can get a lower rate than cars that get driven a lot. Having an incorrect usage rating on your RS 5 may be costing you higher rates. Make sure your policy correctly shows how each vehicle is driven.

Tailor your insurance coverage coverage to you

When it comes to buying adequate coverage for your personal vehicles, there isn’t really a perfect coverage plan. Everyone’s needs are different so your insurance should reflect that For example, these questions can aid in determining if you will benefit from professional help.

  • What if I owe more than I can insure my car for?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • Do I need higher collision deductibles?
  • Why do I only qualify for high-risk insurance?
  • Will my insurance pay for OEM parts?
  • Does my personal policy cover me when driving out-of-state?
  • Should I buy only the required minimum liability coverage?
  • Is motorclub coverage worth it?

If you can’t answer these questions but one or more may apply to you, you may need to chat with an agent. To find an agent in your area, take a second and complete this form or click here for a list of insurance coverage companies in your area.

Can switching companies really save?

Car insurance companies such as State Farm and Allstate endlessly run ads on television and other media. They all advertise claims about saving some big amount after switching to their company. How can each company say the same thing? Just pay attention to how they say it.

Insurance providers are able to cherry pick for the type of driver that makes them money. One example of this type of driver should be married and over the age of 30, has no tickets, and drives a safe vehicle. Anybody that matches those criteria will get very good premium rates and most likely will save some money.

Potential insureds who are not a match for these stringent criteria must pay higher premium rates and this can result in the customer not purchasing. The wording the ads use say “people that switch” but not “all drivers who get quotes” save the amount stated. This is how companies can make those claims.

This really drives home the point why you absolutely need to get as many free insurance quotes as possible. It’s not possible to predict the company that will give you lower rates than your current company.

Specific coverages for an Audi RS 5

Knowing the specifics of your policy can help you determine the best coverages and proper limits and deductibles. The terms used in a policy can be confusing and even agents have difficulty translating policy wording. Below you’ll find typical coverage types found on the average insurance policy.

Liability coverage – Liability insurance can cover damage or injury you incur to a person or their property in an accident. This insurance protects YOU from claims by other people. Liability doesn’t cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see limits of 100/300/100 which means a $100,000 limit per person for injuries, a total of $300,000 of bodily injury coverage per accident, and a total limit of $100,000 for damage to vehicles and property. Alternatively, you may have a combined limit which provides one coverage limit without having the split limit caps.

Liability coverage pays for claims such as attorney fees, funeral expenses and bail bonds. How much coverage you buy is your choice, but consider buying as large an amount as possible.

Medical expense coverage – Personal Injury Protection (PIP) and medical payments coverage provide coverage for immediate expenses such as funeral costs, ambulance fees, nursing services, EMT expenses and dental work. They can be used in conjunction with a health insurance policy or if you do not have health coverage. They cover you and your occupants in addition to if you are hit as a while walking down the street. Personal injury protection coverage is not available in all states but can be used in place of medical payments coverage

Comprehensive protection – This coverage pays to fix your vehicle from damage from a wide range of events other than collision. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive can pay for claims such as falling objects, hitting a deer, damage from flooding and a tree branch falling on your vehicle. The maximum amount you’ll receive from a claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Uninsured or underinsured coverage – This coverage gives you protection when other motorists are uninsured or don’t have enough coverage. Covered losses include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Due to the fact that many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is a good idea. Most of the time these coverages are identical to your policy’s liability coverage.

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

Collision insurance covers things such as colliding with another moving vehicle, hitting a mailbox, colliding with a tree and driving through your garage door. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. It’s also possible to choose a higher deductible to bring the cost down.

More quotes. Lower rates.

The cheapest 2014 Audi RS 5 insurance is available on the web in addition to many insurance agents, and you should compare rates from both so you have a total pricing picture. Some companies may not provide online quoting and many times these small, regional companies work with local independent agencies.

In this article, we presented a lot of ways to compare 2014 Audi RS 5 insurance car insurance rates online. The key thing to remember is the more rate comparisons you have, the better likelihood of getting cheaper insurance. You may even discover the lowest car insurance rates are with an unexpected company. Some small companies can often provide lower premium rates in certain areas than the large multi-state companies such as Allstate, GEICO and Progressive.

Additional auto insurance information can be found at the links below