Best Ways to Save on Scottsdale Audi A5 Insurance

It takes a few minutes, but the best way to get budget auto insurance rates is to compare quotes once a year from different companies who sell insurance in Scottsdale.

First, take a little time to learn about how insurance companies determine prices and the things you can change to drop your rates. Many policy risk factors that drive up the price like careless driving and a less-than-favorable credit score can be controlled by making minor changes in your lifestyle. Continue reading for more information to find cheap prices and find discounts that may have been missed.

Second, compare price quotes from direct, independent, and exclusive agents. Exclusive and direct companies can only provide price estimates from one company like Progressive and State Farm, while agents who are independent can provide rate quotes from many different companies.

Third, compare the price quotes to your existing policy to see if a cheaper rate is available. If you find a lower rate quote and make a switch, make sure coverage is continuous and does not lapse.

Fourth, notify your agent or company of your intent to cancel the current policy. Submit a signed application and payment for the new coverage. Once coverage is bound, place the new proof of insurance certificate in your glove compartment.

The key aspect of shopping around is to use the same liability limits and deductibles on each quote request and and to compare as many different companies as possible. This helps ensure a fair price comparison and the best rate selection.

Amazingly, a large majority of insurance policyholders in Arizona kept buying from the same company for more than four years, and nearly 40% of drivers have never even compared rates from other companies. With the average insurance premium being $1,847, American drivers could save up to 46.5% every year just by comparing rates, but they don’t understand how simple it is to find cheap rates by getting comparison quotes.

If you are insured now or need new coverage, you can use these techniques to reduce premiums and still get good coverage. This article’s intent is to let you in on how car insurance quotes work and also pocket some savings Drivers just need to use the most efficient way to compare company rates on the web.

Data for Audi A5 insurance

The table shown next showcases estimates of insurance premium costs for Audi A5 models. Having a better idea how insurance policy rates are established can help you make decisions on which insurance to purchase.

Price data assumes single female driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Arizona minimum liability limits. Discounts applied include homeowner, claim-free, safe-driver, multi-vehicle, and multi-policy. Table data does not factor in the specific area where the vehicle is garaged which can affect price quotes considerably.

Deductible analysis

One frequently asked question is where should you set your physical damage deductibles. The comparisons below highlight the difference in cost between low and high physical damage coverage deductibles. The first rate comparisons uses a $250 physical damage coverage deductible and the second price grid uses a $500 deductible.

Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and Arizona minimum liability limits. Discounts applied include multi-vehicle, multi-policy, safe-driver, claim-free, and homeowner. Prices do not factor in specific location information which can impact premiums substantially.

Based on the data above, we can derive that using a $250 deductible costs roughly $16 more each month or $192 every year averaged for all A5 models than buying the higher $500 deductible. Because you would pay $250 more out of your own pocket with a $500 deductible as compared to a $250 deductible, if you tend to go at least 16 months between claims, you would more than likely save some money if you decide on a higher deductible.

The information below highlights how deductible selection and can affect Audi A5 insurance costs for different age categories. The information is based on a married male driver, full coverage, and no discounts are taken into consideration.

Rate comparison of male drivers versus female drivers

The chart below shows the difference between Audi A5 auto insurance rates for male and female drivers. The prices are based on no claims, a clean driving record, comprehensive and collision coverage, $500 deductibles, single marital status, and no discounts are taken into consideration.

Cost of full coverage in Scottsdale

The chart below shows the comparison of Audi A5 car insurance costs with and without full coverage. The premium estimates are based on no claims or driving violations, $1,000 deductibles, single marital status, and no policy discounts are applied.

When to switch to liability coverage only

There is no set rule to drop physical damage coverage on your policy, but there is a general guideline you can use. If the annual cost of comprehensive and collision coverage is about 10% or more of any settlement you would receive from your insurance company, then you might consider buying liability only.

For example, let’s say your Audi A5 replacement cost is $9,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled, the most your company would pay you is $8,000 after you pay the deductible. If you are paying over $800 annually for your policy with full coverage, the it may be a good time to stop paying for full coverage.

There are some conditions where eliminating full coverage is not a good idea. If you still owe a portion of the original loan, you have to keep full coverage in order to prevent your loan from defaulting. Also, if your finances do not allow you to purchase a different vehicle if your current one is in an accident, you should keep full coverage.

Buy Audi A5 Insurance at a Discount

The best way to find cheaper auto insurance is to take a look at the rating factors that are used to determine auto insurance rates. If you know what influences your rates, this enables informed choices that could help you find big savings.

• Being married can save you money – Being married actually saves money when buying auto insurance. Marriage means you’re less irresponsible and statistics prove drivers who are married are more cautious.

• Accidents inflate premiums – Being a careful driver has a huge affect on how much you pay. Good drivers receive lower rates as compared to those with violations. Only having one speeding ticket can increase the cost of insurance twenty percent or more. People who have severe violations like reckless driving, hit and run or driving under the influence may find they need to submit a SR-22 or proof of financial responsibility with the DMV in their state in order to prevent their license from being revoked.

  The information below demonstrates how traffic citations and accidents can impact Audi A5 insurance prices for each age group. The data assumes a married male driver, full coverage, $250 deductibles, and no additional discounts are factored in.

• Big cities mean more claims – Residing in small towns and rural areas may provide you with better prices when trying to find low car insurance rates. Fewer drivers and short commutes means reduced accidents and lower theft and vandalism rates. People in densely populated areas regularly have more road rage incidents and higher rates of accident claims. The longer drive time can result in more accidents.
• Lower physical damage deductibles cost more – Physical damage insurance, also known as collision and other-than-collision, is used to repair damage to your Audi. Some examples of claims that would be covered are a broken side mirror, collision with an animal, or theft. The deductibles you choose state the amount of money you are willing to pay if the claim is covered. The more of the claim you choose to pay out-of-pocket, the bigger discount you will receive.
• Don’t cut corners with liability – The liability coverage on your policy will protect you in the event that a court rules you are at fault for damages from an accident. Your policy’s liability insurance provides you with a defense in court to attempt to prove you were not liable. Liability is cheap compared to physical damage coverage, so drivers should make sure they buy enough to cover all assets.
• Alarm systems save money – Choosing to buy a car that has a built-in theft deterrent system can help lower your rates. Theft prevention devices such as OnStar, LoJack tracking, and tamper alarms all aid in stopping your car from being stolen.
• The more you drive the more you pay – The more you drive your Audi annually the higher your rates will be. Most insurance companies rate vehicles based upon how you use the vehicle. Autos used primarily for pleasure use receive better premium rates than vehicles that have high annual mileage. Having the wrong rating on your A5 may be wasting your money. Double check that your policy is rated on the correct driver usage.

• Audi A5 statistical loss data – Car insurance companies analyze past claim statistics to calculate a rate that will offset losses. Vehicles that the data determines to have high amounts or severity of claims will have a higher cost to insure. The table below outlines the compiled insurance loss statistics for Audi A5 vehicles.

  For each policy coverage, the claim probability for all vehicles, regardless of manufacturer or model, is considered to be 100. Percentage values below 100 imply a favorable loss record, while values that are above 100 indicate frequent claims or an increased likelihood of larger losses.

  
  

  Car Insurance Loss Data for Audi A5 Models

  Specific Audi Model	Collision	Property Damage	Comp	Personal Injury	Medical Payment	Bodily Injury
  Audi A5 2dr 4WD	196	92	140	73	83	100
  Audi A5 Convertible 4WD	147	73	140	56

  BETTER

  AVERAGE

  WORSE

  Empty fields indicate not enough data collected
  Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years

More comparisons equals cheap rates

You just learned many tips how you can shop for Audi A5 insurance online. The key concept to understand is the more quotes you get, the better your chances of lowering your rates. Drivers may even discover the lowest prices come from a company that doesn’t do a lot of advertising. These smaller insurers may only write in your state and offer lower rates than their larger competitors like Progressive or GEICO.

Cheaper Audi A5 insurance in Scottsdale is attainable from both online companies and from local agencies, and you need to comparison shop both in order to have the best price selection to choose from. Some auto insurance companies may not offer the ability to get a quote online and many times these smaller providers prefer to sell through local independent agents.

More learning opportunities

• Tread Depth and Tire Safety (State Farm)
• Who Has Cheap Car Insurance Rates for 18 Year Olds in Scottsdale? (FAQ)
• What Insurance is Cheapest for Immigrants in Scottsdale? (FAQ)
• Who Has the Cheapest Scottsdale Auto Insurance Rates for Drivers with Good Credit? (FAQ)
• What Car Insurance is Cheapest for High Mileage Drivers in Scottsdale? (FAQ)
• Event Data Recorders FAQ (iihs.org)
• Liability Insurance Coverage (Nationwide)