2014 Audi S5 Insurance Rates – 7 Tips to Save

Overpriced Audi S5 insurance can diminish your funds and make it tough to pay other bills. Shopping your coverage around can lower your rates and help to reduce premiums and put more money in your pocket.

Companies like Allstate, Liberty Mutual and State Farm constantly bombard you with ad campaigns and it is difficult to avoid their marketing magic and do the work needed to find the best deal.

Buy insurance online

Finding cheaper insurance rates isn’t really that difficult. All that’s required is to take time comparing rates to find. This can be accomplished in several different ways.

  1. The easiest and least time consuming way to get quotes is a comparison rater form click here to open form in new window. This form keeps you from doing repetitive form submissions for each company you want a rate for. Just one form gets rate comparisons from several companies.
  2. Another way to analyze rates is going to each individual company website and repeat the quote process again and again. For example, we’ll pretend you want to compare rates from Liberty Mutual, Allstate and Travelers. To get rate quotes you would need to spend time on each company’s site and enter your policy data, which is why first method is reommended.

    For a list of companies in your area, click here.

  3. The most difficult way to get price estimates to each insurance agency near you. Comparing rates online reduces the need to sit down with an agent unless you require the professional abilities that can only be provided by a licensed insurance agent. It is possible with some companies comparison shop your insurance online but purchase the actual policy in an agency.

Whichever method you choose, make darn sure you compare identical coverage data for each price quote. If the quotes have mixed coverages it will be nearly impossible to determine the lowest rate for your Audi S5.

Cheaper auto insurance rates with discounts

Not too many consumers would say auto insurance is affordable, but there could be available discounts that you may not even be aware of. Many of these discounts will be applied automatically at the time of quoting, but a few need to be asked for before you will receive the discount. If you aren’t receiving every discount you qualify for, you are just wasting money.

  • Club Memberships – Having an affiliation with qualifying clubs or civic groups could qualify you for a break on your bill.
  • Theft Deterent Discount – Vehicles that have factory alarm systems and tracking devices are stolen less frequently and that can save you a little bit as well.
  • Paper-free Discount – Some of the larger companies will give you a small discount for buying your policy digitally online.
  • Senior Citizen Discount – If you’re over the age of 55, you are able to get reduced rates for S5 coverage.
  • Drive Safe and Save – Safe drivers could pay up to 40% less for S5 coverage than drivers with accident claims.
  • Student in College – College-age children who live away from home at college and won’t have access to an insured vehicle may be able to be covered for less.
  • Early Payment Discounts – By paying your entire bill at once instead of making monthly payments you may have a lower total premium amount.

A little note about advertised discounts, some of the credits will not apply the the whole policy. A few only apply to individual premiums such as comprehensive or collision. Despite the fact that it seems like having all the discounts means you get insurance for free, you won’t be that lucky. Any amount of discount will positively reduce the amount you have to pay.

A list of auto insurance companies and their offered discounts are included below.

  • Farmers Insurance may offer discounts for early shopping, switch companies, multi-car, mature driver, and alternative fuel.
  • Esurance has discounts for online quote, claim free, Pac-12 alumni, defensive driver, multi-car, DriveSense, and emergency road assistance.
  • State Farm offers premium reductions for defensive driving training, passive restraint, multiple policy, multiple autos, Drive Safe & Save, and safe vehicle.
  • GEICO includes discounts for federal employee, membership and employees, multi-vehicle, good student, anti-lock brakes, daytime running lights, and defensive driver.
  • Allstate may include discounts for eSmart discount, teenSMART discount, economy car, FullPay discount, premier discount, defensive driver, and 55 and retired.

Before you buy a policy, ask each company or agent which discounts you may be entitled to. Some credits may not apply everywhere. To locate insurance companies that offer the discounts shown above, follow this link.

Tailor your insurance coverage coverage to you

When choosing the best insurance coverage coverage, there is no “perfect” insurance plan. Everyone’s situation is a little different so your insurance needs to address that. Here are some questions about coverages that may help you determine if your insurance needs will benefit from professional help.

  • Can I rent a car in Mexico?
  • What is the ISO rating for a 2014 Audi S5?
  • Where can I find high-risk insurance?
  • Does insurance cover damages from a DUI accident?
  • Where can I find DUI or SR-22 insurance?
  • Is other people’s property covered if stolen from my vehicle?
  • Are my friends covered when driving my 2014 Audi S5?
  • Is my ex-spouse still covered by my policy?
  • Is motorclub coverage worth it?

If you’re not sure about those questions but you think they might apply to your situation then you might want to talk to a licensed insurance agent. If you don’t have a local agent, take a second and complete this form or you can go here for a list of companies in your area. It only takes a few minutes and can provide invaluable advice.

Auto insurance policy specifics

Having a good grasp of your auto insurance policy helps when choosing the best coverages for your vehicles. The coverage terms in a policy can be ambiguous and even agents have difficulty translating policy wording. Below you’ll find typical coverage types offered by auto insurance companies.

Comprehensive coverages

Comprehensive insurance coverage pays to fix your vehicle from damage that is not covered by collision coverage. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims like theft, falling objects, hitting a deer and a tree branch falling on your vehicle. The most you can receive from a comprehensive claim is the actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Liability car insurance

Liability insurance provides protection from injuries or damage you cause to other’s property or people. Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. Your policy might show values of 100/300/100 that translate to a limit of $100,000 per injured person, a total of $300,000 of bodily injury coverage per accident, and property damage coverage for $100,000.

Liability coverage pays for claims like pain and suffering, funeral expenses and attorney fees. How much liability coverage do you need? That is a decision to put some thought into, but consider buying higher limits if possible.

Coverage for medical payments

Med pay and PIP coverage pay for short-term medical expenses such as dental work, doctor visits and rehabilitation expenses. They can be used to fill the gap from your health insurance program or if you lack health insurance entirely. It covers not only the driver but also the vehicle occupants in addition to if you are hit as a while walking down the street. PIP coverage is not universally available but it provides additional coverages not offered by medical payments coverage

Coverage for collisions

This coverage pays to fix your vehicle from damage caused by collision with another vehicle or an object, but not an animal. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims such as hitting a mailbox, sideswiping another vehicle and crashing into a building. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are 8 years or older. It’s also possible to choose a higher deductible to save money on collision insurance.

Uninsured and underinsured coverage

Your UM/UIM coverage protects you and your vehicle from other drivers when they do not carry enough liability coverage. This coverage pays for hospital bills for your injuries as well as your vehicle’s damage.

Since a lot of drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Be a Smart Shopper

Budget-conscious 2014 Audi S5 insurance is attainable online and from local insurance agents, so you should be comparing quotes from both to get a complete price analysis. Some companies don’t offer internet price quotes and these small insurance companies work with independent insurance agents.

In this article, we presented some good ideas how to reduce 2014 Audi S5 insurance rates online. The key concept to understand is the more times you quote, the better your comparison will be. Consumers could even find that the best rates are with the least-expected company. Regional companies may cover specific market segments cheaper than their larger competitors like GEICO and State Farm.

Additional insurance coverage information is located below: