Lower Your 2016 Audi A3 Insurance Cost

Are you intimidated by the number of car insurance choices? You’re not alone. Consumers have so many options available that it can quickly become more work than you anticipated to find the lowest price.

If you are paying for car insurance now, you will most likely be able to lower your premiums substantially using these tips. This information will introduce you to the best way to quote coverages and some money-saving tips. But drivers must understand the way insurance companies determine prices because it can help you find the best coverage.

Lesser-known factors impacting Audi A3 insurance rates

An important part of buying insurance is that you know the different types of things that help determine insurance coverage rates. Understanding what controls the rates you pay empowers consumers to make smart changes that may reward you with lower insurance coverage prices.

The following are a partial list of the pieces used by your company to calculate rates.

  • Careful drivers pay lower rates – Just one citation may increase your cost forty percent or more. Drivers with clean records get better rates than their less careful counterparts. Drivers who have dangerous citations like hit and run, DWI or reckless driving convictions may need to submit a SR-22 or proof of financial responsibility with the DMV in their state in order to prevent a license revocation.
  • Safe vehicles cost less to insure – Safer cars tend to have better insurance rates. Safe vehicles protect occupants better and lower injury rates translates into fewer and smaller insurance claims and more competitive rates for policyholders. If the Audi A3 earned at least an “acceptable” rating on the Insurance Institute for Highway Safety website you are probably receiving a discount.
  • Extra coverages can waste money – There are quite a few extra coverages that can waste your money on your insurance coverage policy. Things like vanishing deductibles, accident forgiveness and membership fees may be costing you every month. These may sound like a good investment when talking to your agent, but your needs may have changed so remove them from your policy.
  • More people means more accidents – Residing in a rural area can be a good thing when buying insurance coverage. Drivers who live in large cities tend to have much more traffic and longer commute times. Fewer drivers translates into fewer accidents and also fewer theft and vandalism claims.
  • Too many insurance coverage claims drive up costs – Companies award cheaper rates to policyholders who do not file claims often. If you frequently file small claims, you can look forward to either policy cancellation or increased premiums. Insurance coverage is intended to be relied upon for larger claims.

Don’t miss out on these money-saving discounts

Car insurance can cost a lot, buy you may qualify for discounts that can drop the cost substantially. Certain discounts will be applied when you complete an application, but less common discounts must be specially asked for prior to receiving the credit.

  • Passive Restraints – Vehicles with factory air bags or motorized seat belts may earn rate discounts of up to 25% or more.
  • Memberships – Belonging to a civic or occupational organization is a good way to get lower rates when buying car insurance on A3 coverage.
  • Low Mileage Discounts – Low mileage vehicles can qualify you for a substantially lower rate.
  • Bundle and Save – When you combine your home and auto insurance with the same company you may save up to 20% off your total premium.
  • Homeowners Pay Less – Simply owning a home can save you money because of the fact that having a home is proof that your finances are in order.
  • Drive Safe and Save – Safe drivers may receive a discount up to 45% less on A3 coverage than drivers with accident claims.
  • Anti-theft System – Cars that have factory anti-theft systems can help prevent theft and earn discounts up to 10%.
  • Anti-lock Brake System – Cars that have steering control and anti-lock brakes are safer to drive and qualify for as much as a 10% discount.
  • Government Employees – Active or retired federal employment may qualify you for a discount on A3 coverage with certain companies.
  • Discount for Good Grades – This discount can earn a discount of 20% or more. The discount lasts up until you turn 25.

As a disclaimer on discounts, many deductions do not apply to the overall cost of the policy. Some only reduce the price of certain insurance coverages like physical damage coverage or medical payments. So even though it sounds like it’s possible to get free car insurance, you won’t be that lucky. But any discount will reduce your premiums.

For a list of insurance companies who offer car insurance discounts, follow this link.

Switch companies and save? Really?

Auto insurance providers like State Farm, Allstate and Geico constantly bombard you with ads on television and other media. They all have a common claim about savings if you switch to their company. How do they all make almost identical claims?

All companies are able to cherry pick for the right customer that makes them money. For example, a desirable insured could be over the age of 40, owns a home, and has great credit. A propective insured who matches those parameters is entitled to the best price and is almost guaranteed to save quite a bit of money when switching.

Potential insureds who do not match the “perfect” profile will have to pay a more expensive rate and ends up with business not being written. Company advertisements say “drivers who switch” but not “drivers who get quotes” save that much money. That’s why companies can make the claims of big savings.

Because of the profiling, drivers must quote coverage with many companies. It is impossible to predict which auto insurance company will provide you with the cheapest Audi A3 insurance rates.

Do I need special coverages?

When it comes to buying coverage for your personal vehicles, there really is not a “perfect” insurance plan. Everyone’s needs are different.

For example, these questions can aid in determining whether or not you would benefit from an agent’s advice.

  • How can I get high-risk coverage after a DUI?
  • What can I do if my company won’t pay a claim?
  • Why do I only qualify for high-risk insurance?
  • When would I need rental car insurance?
  • What if I total my 2016 Audi A3 and owe more than it’s worth?
  • Does insurance cover tools stolen from my truck?
  • If my 2016 Audi A3 is totaled, can I afford another vehicle?
  • How does medical payments coverage work?
  • Where can I find high-risk insurance?

If you can’t answer these questions but you think they might apply to your situation, you may need to chat with a licensed insurance agent. If you want to speak to an agent in your area, simply complete this short form.

Auto insurance 101

Learning about specific coverages of insurance helps when choosing the best coverages and proper limits and deductibles. The coverage terms in a policy can be difficult to understand and reading a policy is terribly boring.

Auto liability insurance

Liability coverage protects you from damages or injuries you inflict on other people or property by causing an accident. This insurance protects YOU against other people’s claims. Liability doesn’t cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see policy limits of 50/100/50 which means a limit of $50,000 per injured person, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property. Another option is one limit called combined single limit (CSL) which limits claims to one amount and claims can be made without the split limit restrictions.

Liability coverage protects against things such as loss of income, pain and suffering, emergency aid, legal defense fees and repair bills for other people’s vehicles. How much coverage you buy is your choice, but buy as large an amount as possible.

Auto collision coverage

Collision insurance pays for damage to your A3 caused by collision with another car or object. A deductible applies and then insurance will cover the remainder.

Collision coverage protects against claims like colliding with a tree, damaging your car on a curb, sideswiping another vehicle and hitting a mailbox. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are older. Drivers also have the option to increase the deductible to get cheaper collision coverage.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage kick in for bills for things like nursing services, funeral costs, EMT expenses, chiropractic care and ambulance fees. They are used to cover expenses not covered by your health insurance program or if you are not covered by health insurance. Medical payments and PIP cover both the driver and occupants and will also cover if you are hit as a while walking down the street. PIP coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Uninsured/Underinsured Motorist (UM/UIM)

This coverage gives you protection when the “other guys” either are underinsured or have no liability coverage at all. This coverage pays for hospital bills for your injuries as well as your vehicle’s damage.

Because many people only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is a good idea. Normally these coverages are identical to your policy’s liability coverage.

Comprehensive insurance

Comprehensive insurance will pay to fix damage from a wide range of events other than collision. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive insurance covers things such as hitting a bird, damage from getting keyed, fire damage, damage from a tornado or hurricane and hitting a deer. The highest 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 consider dropping full coverage.

Knowledge is power

Cheaper 2016 Audi A3 insurance is possible from both online companies in addition to many insurance agents, so compare prices from both to have the best chance of lowering rates. Some insurance companies do not provide you the ability to get quotes online and these smaller companies work with independent agents.

We just presented many ways to compare insurance prices online. The key thing to remember is the more rate comparisons you have, the better your comparison will be. You may even discover the lowest rates come from a small local company.

Consumers switch companies for a number of reasons such as denial of a claim, poor customer service, questionable increases in premium or lack of trust in their agent. Regardless of your reason, finding a great new company is not as hard as you think.

More information can be read on the following sites: