2018 Audi S3 Insurance Rates

Looking for lower car insurance rates for your Audi S3? Wish you could get a refund on an overpriced car insurance policy? Trust us, many consumers feel financially strained by their car insurance policy. Multiple insurers compete for your business, so it can be very hard to choose a insurer to discover the definitive cheapest price

Components of your Audi S3 insurance rates

The best way to find cheaper insurance is to take a look at the different types of things that help determine your premiums. When consumers understand what determines premiums, this helps enable you to make changes that may result in big savings.

Listed below are some of the most rate-impacting factors used by companies to determine premiums.

  • Do you know your deductibles? – Physical damage insurance, also called ‘full coverage’, helps pay for damage to your vehicle. A few examples of covered claims could be a windshield shattered by a rock, hail damage, and damage caused by flying debris. Physical damage deductibles are how much you are required to pay before a claim is paid by your company. The more you’re willing to pay, the less your insurance will be for S3 coverage.
  • Is your vehicle theft-ready? – Owning a car that has an advanced theft prevention system can get you a discount on your insurance. Theft prevention devices like OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems help track and prevent auto theft.
  • Safer vehicles save money – Vehicles that have high safety ratings tend to have better insurance rates. Safe vehicles reduce occupant injuries and fewer serious injuries means less money paid by your insurance company and lower rates for you. If your Audi scored better than four stars on Safercar.gov you are probably receiving a discount.
  • Compare rates if you bundle your policies – The majority of insurance companies apply lower prices to insureds who consolidate policies with them such as combining an auto and homeowners policy. If you currently are using one company, it’s still a good idea to get quotes from other companies to help guarantee you have the best rates.
  • Your location is a factor – Residing in small towns and rural areas may provide you with better prices when buying insurance. Residents of big cities have to deal with more aggressive driving styles and higher rates of accident claims. Fewer people means fewer accidents in addition to lower liability claims
  • Accidents drive up premiums – Getting just one speeding ticket or other violation can bump up the cost by as much as twenty percent. Good drivers have lower premiums as compared to careless drivers. Drivers who have received license-revoking citations like DWI, reckless driving or hit and run convictions might be required by their state to submit a SR-22 form with their state DMV in order to keep their license.

Get lower rates with these auto insurance discounts

Companies offering auto insurance don’t always publicize the complete list of policy discounts in a way that’s easy to find, so the next list breaks down a few of the more well known and also the lesser-known credits that may apply to you. If you’re not getting every credit you qualify for, you could be paying more than you need to.

  • Student Driver Training – It’s a good idea to have your young drivers complete a driver education course as it will make them better drivers and lower rates.
  • No Accidents – Insureds who avoid accidents and claims can earn big discounts in comparison to drivers with a long claim history.
  • Life Insurance – Some insurance carriers give a lower rate if you buy some life insurance in addition to your auto policy.
  • Senior Discount – If you’re over the age of 55, you may receive a small decrease in premiums for S3 coverage.
  • Theft Prevention Discount – Cars, trucks, and SUVs optioned with advanced anti-theft systems prevent vehicle theft and that can save you a little bit as well.
  • Pay Now and Pay Less – If paying your policy premium upfront as opposed to paying monthly you can avoid the installment charge.
  • Smart Student Discounts – Excelling in school can get you a discount of up to 25%. This discount can apply well after school through age 25.

Just know that many deductions do not apply to your bottom line cost. A few only apply to specific coverage prices like collision or personal injury protection. So despite the fact that it appears you can get free auto insurance, it doesn’t quite work that way. Any qualifying discounts should help reduce the amount you pay for coverage.

A few of the larger companies and some of their more popular discounts include:

  • American Family offers premium reductions for defensive driver, multi-vehicle, early bird, Steer into Savings, TimeAway discount, and mySafetyValet.
  • Farm Bureau offers discounts for good student, driver training, safe driver, 55 and retired, multi-policy, and youthful driver.
  • State Farm may offer discounts for defensive driving training, safe vehicle, multiple autos, multiple policy, and passive restraint.
  • Travelers may have discounts that include payment discounts, multi-policy, continuous insurance, multi-car, and good student.
  • The Hartford has savings for good student, vehicle fuel type, air bag, anti-theft, and defensive driver.
  • GEICO may include discounts for driver training, daytime running lights, seat belt use, multi-vehicle, and anti-theft.
  • Progressive includes discounts for continuous coverage, multi-policy, homeowner, online signing, online quote discount, multi-vehicle, and good student.

When getting free car insurance quotes, it’s a good idea to every prospective company how many discounts you can get. Some discounts may not apply in your area. To find auto insurance companies with the best auto insurance discounts, click here to view.

Buyer beware of auto insurance advertising tricks

Drivers can’t get away from ads that promise big savings from the likes of State Farm and Allstate. They all seem to state the claim that drivers can save some big amount if you move your auto insurance policy to them.

How does every auto insurance company give you a lower rate? This is the way they can do it.

Most companies require specific criteria for the type of driver that will be a good risk. A good example of a desirable insured could possibly be married and over the age of 30, carries high limits, and insures a new vehicle. A propective insured who fits that profile will get very good car insurance rates as well as save when they switch companies.

Potential insureds who do not meet these stringent criteria will be quoted higher prices and ends up with the prospect going elsewhere. The wording the ads use say “customers who switch” but not “everyone who gets a quote” will save that much if they switch. That’s the way companies can claim big savings. Because of this risk profiling, it’s extremely important to do a rate comparison at every renewal. It’s not possible to predict the company that will fit you best based on your risk profile.

Insurance can get complicated

When buying adequate coverage for your vehicles, there is no best way to insure your cars. Every situation is different and your policy should reflect that. These are some specific questions may help highlight if your situation would benefit from professional advice.

  • Does car insurance cover theft of personal property?
  • If my pet gets injured in an accident are they covered?
  • What can I do if my company won’t pay a claim?
  • Is my babysitter covered when using my vehicle?
  • Do I benefit by insuring my home with the same company?
  • Can I afford low physical damage deductibles?
  • What is the rate difference between pleasure use and commuting?
  • Who is covered when they drive my 2018 Audi S3?
  • Can I afford to pay high deductible claims out of pocket?
  • Does having multiple vehicles earn me a discount?

If you can’t answer these questions, you may need to chat with an agent. To find an agent in your area, fill out this quick form or click here for a list of insurance companies in your area. It’s fast, free and may give you better protection.

Auto insurance coverages

Having a good grasp of insurance can help you determine the best coverages and proper limits and deductibles. Policy terminology can be difficult to understand and coverage can change by endorsement. These are the normal coverages available from insurance companies.

Uninsured and underinsured coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other drivers when they either have no liability insurance or not enough. This coverage pays for medical payments for you and your occupants as well as your vehicle’s damage.

Due to the fact that many drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is very important.

Coverage for medical payments

Coverage for medical payments and/or PIP pay for short-term medical expenses for surgery, rehabilitation expenses and ambulance fees. The coverages can be used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. It covers all vehicle occupants in addition to any family member struck as a pedestrian. Personal Injury Protection is not available in all states but can be used in place of medical payments coverage

Auto liability insurance

Liability coverage can cover damage or injury you incur to a person or their property. It protects you against claims from other people, and does not provide coverage for your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see liability limits of 25/50/25 that translate to a limit of $25,000 per injured person, a per accident bodily injury limit of $50,000, and a limit of $25,000 paid for damaged property.

Liability coverage pays for things such as bail bonds, repair costs for stationary objects, loss of income and legal defense fees. How much coverage you buy is a personal decision, but it’s cheap coverage so purchase as high a limit as you can afford.

Comprehensive coverages

Comprehensive insurance will pay to fix 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 coverage pays for claims like theft, falling objects, hitting a bird and hail damage. The most you’ll receive from a claim is the ACV or actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Collision protection

This coverage pays to fix your vehicle from damage resulting from colliding with an object or car. You first must pay a deductible then your collision coverage will kick in.

Collision can pay for claims like colliding with a tree, driving through your garage door, crashing into a ditch and backing into a parked car. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from older vehicles. Drivers also have the option to bump up the deductible to save money on collision insurance.

In conclusion

More affordable insurance is definitely available from both online companies in addition to local insurance agencies, and you should compare rates from both to have the best rate selection. Some companies do not provide price quotes online and most of the time these small, regional companies only sell through independent agents.

We covered many ways to lower your 2018 Audi S3 insurance car insurance rates. It’s most important to understand that the more price quotes you have, the better your comparison will be. You may be surprised to find that the most savings is with some of the lesser-known companies. Regional companies may have significantly lower premium rates on certain market segments than their larger competitors like Allstate and Progressive.

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