Cheaper 2014 Audi RS 5 Car Insurance Quotes

Searching for affordable auto insurance on the internet can be challenging for people who are new to comparison shopping online. Since there are so many online companies, how can anyone even start to compare every one to find the best pricing?

Smart consumers take time to compare rates at least once a year because rates change quite often. Despite the fact that you may have had the best rates for RS 5 insurance last year there is a good chance you can find better rates now. Ignore everything you know about auto insurance because you’re about to find out the things you must know in order to save money, get proper deductibles and limits, all at the lowest rate.

If you currently have a car insurance policy, you will most likely be able to lower your premiums substantially using these techniques. This article will tell you how to effectively get price quotes and some tricks to saving. But drivers do need to know how companies determine prices and apply this information to your search.

Cut your premium with discounts

Insurance can cost an arm and a leg, but you may find discounts that you may not even be aware of. Certain discounts will be applied when you quote, but a few must be manually applied prior to getting the savings.

Distant Student – Any of your kids who attend school more than 100 miles from home and don’t have a car may be able to be covered for less.
Air Bag Discount – Vehicles with factory air bags can get savings of 20% or more.
Accident Free – Drivers who don’t have accidents pay less when compared with frequent claim filers.
Payment Discounts – If you pay your entire premium ahead of time rather than paying monthly you could save up to 5%.
Braking Control Discount – Anti-lock brake equipped vehicles prevent accidents and will save you 10% or more.
Military Discounts – Being deployed with a military unit may qualify for rate reductions.
Multiple Cars – Buying coverage for all your vehicles on the same auto insurance policy qualifies for this discount.

It’s important to understand that most discount credits are not given to the entire policy premium. A few only apply to the price of certain insurance coverages like collision or personal injury protection. So when it seems like all those discounts means the company will pay you, it doesn’t quite work that way. Any qualifying discounts will bring down the cost of coverage.

For a list of insurance companies who offer auto insurance discounts, click here.

How to Compare Insurance Rates

There are several ways to compare Audi RS 5 insurance prices and some are easier and takes less work. You could waste a few hours driving to local insurance agents in your area, or you could save time and use the web to achieve your goal.

Most of the larger companies enroll in a system where prospective buyers send in one quote, and at least one company provides a quote for coverage. This system prevents you from having to do quote forms for each company you want a rate for.

To submit your quote information now, click here (opens in new window).

The single downside to pricing coverage this way is buyers cannot specifically choose which insurance companies to get quotes from. If you wish to select specific insurance companies to request quotes from, we have assembled a list of insurance companies in your area. Click here for list of insurance companies.

Which method you use is up to you, but double check that you are using the exact same coverages for every company. If each company quotes different deductibles it will be impossible to make an equal comparison. Having just a slight variation in limits can result in a big premium difference. And when comparing insurance rates, know that getting more free quotes provides better odds of finding a better price.

Impacting insurance rates for an Audi RS 5

It’s important that you understand the rating factors that go into determining your insurance rates. Understanding what influences your rates empowers consumers to make smart changes that could result in lower insurance prices.

Listed below are some of the items used by your company to calculate premiums.

Optional equipment can affect rates – Owning a car with a theft deterrent system can help lower your rates. Theft prevention features such as GM’s OnStar, tamper alarm systems and vehicle immobilizers can help prevent car theft.
Teen drivers pay high rates – Teen drivers are known to be careless and easily distracted when driving so insurance rates are higher. Adding a teen driver onto your insurance can break the bank. More mature drivers are more cautious drivers, tend to file fewer claims and tend to be better behind the wheel.
Liability coverage is cheap – Liability insurance is the protection if ever a court rules you are at fault for damages from an accident. It provides legal defense coverage which can be incredibly expensive. This coverage is very inexpensive compared to physical damage coverage, so do not skimp.
What are your deductibles? – Physical damage insurance, commonly called comprehensive (or other-than-collision) and collision coverage, is used to repair damage to your Audi. A few examples of covered claims would be collision with another vehicle, vandalism, and rolling your vehicle. Your deductibles are how much you are required to spend out-of-pocket before a claim is paid by your company. The more expense you have to pay, the bigger discount you will receive for RS 5 insurance.

What is the best insurance coverage?

When buying proper insurance coverage for your personal vehicles, there really is no single plan that fits everyone. Coverage needs to be tailored to your specific needs.

For example, these questions can help discover if your insurance needs might need an agent’s assistance.

When would I need additional glass coverage?
Are there companies who specialize in insuring high-risk drivers?
What is the ISO rating for a 2014 Audi RS 5?
What if I don’t agree with a claim settlement offer?
Can I afford to pay high deductible claims out of pocket?
What discounts do I qualify for?
Are rental cars covered under my policy?

If you don’t know the answers to these questions, you might consider talking to an insurance agent. If you don’t have a local agent, simply complete this short form.

Insurance coverages and their meanings

Understanding the coverages of your insurance policy can help you determine the best coverages at the best deductibles and correct limits. The terms used in a policy can be impossible to understand and reading a policy is terribly boring.

Comprehensive auto coverage

Comprehensive insurance covers damage that is not covered by collision coverage. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims like damage from a tornado or hurricane, damage from flooding, vandalism and a broken windshield. The maximum amount you’ll receive from a claim is the cash value of the vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

UM/UIM (Uninsured/Underinsured Motorist) coverage

This coverage provides protection from other drivers when they either are underinsured or have no liability coverage at all. Covered losses include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Since many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is important protection for you and your family. Normally these limits are identical to your policy’s liability coverage.

Medical payments and PIP coverage

Personal Injury Protection (PIP) and medical payments coverage pay for immediate expenses such as dental work, chiropractic care, surgery and nursing services. They are often utilized in addition to your health insurance program or if you lack health insurance entirely. It covers both the driver and occupants as well as being hit by a car walking across the street. Personal Injury Protection is not universally available and gives slightly broader coverage than med pay

Collision coverage

Collision coverage pays to fix your vehicle from damage resulting from colliding 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 such as scraping a guard rail, crashing into a building, driving through your garage door and rolling your car. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Drivers also have the option to choose a higher deductible in order to get cheaper collision rates.

Liability coverages

This protects you from damage or injury you incur to people or other property in an accident. This insurance 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. You commonly see liability limits of 100/300/100 that translate to a limit of $100,000 per injured person, $300,000 for the entire accident, and a total limit of $100,000 for damage to vehicles and property. Another option is one limit called combined single limit (CSL) that pays claims from the same limit with no separate limits for injury or property damage.

Liability can pay for claims like medical expenses, repair bills for other people’s vehicles, legal defense fees, repair costs for stationary objects and pain and suffering. How much coverage you buy is your choice, but consider buying as large an amount as possible.

Don’t be a big spender

We’ve covered quite a bit of information on how to reduce 2014 Audi RS 5 insurance prices online. It’s most important to understand that the more providers you compare, the better chance you’ll have of finding lower rates. You may even discover the most savings is with the smaller companies.

When trying to cut insurance costs, make sure you don’t reduce needed coverages to save money. There have been many situations where an insured dropped physical damage coverage and learned later that it was a big error on their part. Your aim should be to buy enough coverage at a price you can afford while still protecting your assets.

Budget-conscious insurance is possible online in addition to many insurance agents, and you need to comparison shop both in order to have the best chance of saving money. There are still a few companies who do not provide you the ability to get quotes online and usually these regional insurance providers provide coverage only through local independent agents.