Searching for lower insurance coverage rates for your Audi 100? Have you fallen victim to high-priced insurance coverage? Believe me, you’re not the only one.
Because there are so many insurance companies to choose from, it is hard for the average consumer to pick the right car insurance company.
Finding the best rates is easy if you know what you’re doing. In a nutshell, every vehicle owner who shops for auto insurance stands a good chance to be able to find better rates. But drivers must learn the way insurance companies determine prices and use this information to your advantage.
All the larger insurance companies like Progressive, Allstate and Geico provide coverage prices on their websites. Getting online quotes doesn’t take a lot of time as you just type in your required coverages as detailed in the form. Once entered, the system gets your driving and credit reports and returns a price quote. This streamlines rate comparisons, but the time it takes to visit several different sites and fill out multiple forms can be a bit repetitive. But it is imperative to get many rate quotes in order to find better prices.
Isn’t there an easier way to compare rates?
An easier way to get multiple rate quotes requires only one form to return rates from multiple companies. This type of form saves time, eliminates repetitive work, and makes online price comparison much easier to do. As soon as you send your information, it is rated with multiple companies and you can pick any of the quotes that you receive. If one or more price quotes are lower than your current rates, you simply finish the application and buy the policy. The entire process only takes a few minutes and you will know how your current rates stack up.
In order to find out what other companies charge, click here to open in a new tab and submit the form. If you have your current policy handy, we recommend that you enter the insurance coverages identical to your current policy. Doing this guarantees you will have rate comparison quotes for similar insurance coverage.
Companies like Progressive, Allstate and Geico constantly bombard you with ads in print and on television. All the ads make the same claim that you’ll save big if you switch your policy. How can each company claim to save you money?
Different companies have a certain “appetite” for the right customer they prefer to insure. For example, a driver they prefer could possibly be a mature driver, has no driving citations, and drives less than 7,500 miles a year. Any driver who meets those qualifications gets the lowest rates and therefore will cut their rates substantially.
Potential insureds who are not a match for this ideal profile will be quoted higher rates which leads to business not being written. The ads say “people who switch” not “everyone that quotes” save that kind of money. That’s why companies can make the claims of big savings. This emphasizes why you need to get as many quotes as possible. It’s not possible to predict the company that will fit your personal profile best.
Auto insurance companies don’t always list all their discounts very clearly, so we researched some of the more common and the harder-to-find discounts you could be receiving.
It’s important to note that most discount credits are not given the the whole policy. Most cut the price of certain insurance coverages like liability and collision coverage. So when the math indicates having all the discounts means you get insurance for free, it just doesn’t work that way.
A partial list of companies who might offer some of the above discounts are:
Before buying, ask every prospective company which discounts you may be entitled to. All car insurance discounts may not be available in every state.
When it comes to choosing the right insurance coverage, there isn’t really a one size fits all plan. Coverage needs to be tailored to your specific needs so this has to be addressed. For instance, these questions might help in determining if your situation could use an agent’s help.
If you can’t answer these questions but one or more may apply to you, you may need to chat with an insurance agent. To find an agent in your area, fill out this quick form or go to this page to view a list of companies.
Having a good grasp of your policy can be of help when determining the best coverages at the best deductibles and correct limits. Policy terminology can be confusing and coverage can change by endorsement. Below you’ll find typical coverage types found on the average insurance policy.
Collision insurance
This pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You first must pay a deductible then your collision coverage will kick in.
Collision coverage protects against claims like scraping a guard rail, colliding with a tree and backing into a parked car. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from lower value vehicles. Drivers also have the option to choose a higher deductible in order to get cheaper collision rates.
Comprehensive insurance
This coverage covers damage from a wide range of events other than collision. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage protects against things such as a broken windshield, a tree branch falling on your vehicle and fire damage. The maximum amount your insurance company will pay 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.
Liability auto insurance
This will cover injuries or damage you cause to other’s property or people in an accident. It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see liability limits of 100/300/100 that means you have $100,000 bodily injury coverage, a total of $300,000 of bodily injury coverage per accident, and a total limit of $100,000 for damage to vehicles and property.
Liability coverage pays for claims such as medical services, pain and suffering and structural damage. How much liability should you purchase? That is your choice, but consider buying as much as you can afford.
Coverage for medical expenses
Med pay and PIP coverage reimburse you for bills such as funeral costs, ambulance fees, prosthetic devices and EMT expenses. The coverages can be utilized in addition to your health insurance policy or if you do not have health coverage. It covers not only the driver but also the vehicle occupants as well as if you are hit as a while walking down the street. Personal injury protection coverage is only offered in select states but can be used in place of medical payments coverage
Coverage for uninsured or underinsured drivers
Your UM/UIM coverage protects you and your vehicle’s occupants from other drivers when they do not carry enough liability coverage. This coverage pays for injuries sustained by your vehicle’s occupants as well as damage to your Audi 100.
Since many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is a good idea.
In this article, we covered many ideas to lower your 1994 Audi 100 insurance rates. The key thing to remember is the more price quotes you have, the better likelihood of reducing your rate. You may be surprised to find that the best price on auto insurance is with the least-expected company. They may cover specific market segments cheaper than their larger competitors like Progressive or Geico.
When buying insurance coverage, make sure you don’t reduce coverage to reduce premium. There have been many situations where an insured dropped comprehensive coverage or liability limits only to regret that the small savings ended up costing them much more. Your focus should be to buy a smart amount of coverage at the best price while not skimping on critical coverages.
Affordable insurance is definitely available both online in addition to many insurance agents, so compare prices from both to have the best selection. Some insurance providers do not provide the ability to get a quote online and usually these regional insurance providers provide coverage only through local independent agents.