Locating cheaper insurance for an Audi Q5 could be difficult, but you can follow the following methods and make it easy.
There is a right way and a wrong way to find car insurance online so you’re going to learn the absolute fastest way to quote coverages on a Audi and obtain the best price possible.
How to get cheap car insurance
Performing a rate comparison can be challenging if you don’t know the easiest way. You can waste a few hours (or days) discussing policy coverages with insurance companies in your area, or you could use online quoting to get prices fast.
Many of the larger companies belong to an insurance system that allows shoppers to send in one quote, and every company then returns a price quote based on the submitted data. This system prevents you from having to do quote forms for every car insurance company.
To find out how much you’re overpaying now click to open in new window.
One minor caviat to comparing rates this way is you don’t know exactly which insurance companies you want to price. If you would rather choose individual companies to receive pricing from, we have a page of low cost car insurance companies in your area. Click here to view list.
It doesn’t matter which method you choose, just make darn sure you compare the same coverages on every quote. If you use different liability limits it will be next to impossible to decipher which rate is best.
These seven discounts can lower your car insurance quotes
Not too many consumers would say car insurance is affordable, but you may be missing some discounts that may help make it more affordable. Larger premium reductions will be automatically applied when you quote, but occassionally some discounts must be asked about before you will receive the discount. If you check and find you aren’t receiving every discount available, you could be saving more on your car insurance.
- Smart Student Discounts – Getting good grades can earn a discount of 20% or more. Most companies allow this discount until age 25.
- Own a Home – Being a homeowner may earn you a small savings because owning a home requires personal responsibility.
- Telematics Data – Insureds who allow driving data collection to track where and when they drive by using a small device installed in their vehicle such as Allstate’s Drivewise and State Farm’s In-Drive system may get a rate reduction as long as they are good drivers.
- Low Miles Discount – Fewer annual miles on your Audi can qualify you for cheaper car insurancerates.
- Multiple Policy Discount – When you combine your auto and homeowners insurance and insure them both with the same insurance company you may earn 10% to 20% off each policy.
- Clubs and Organizations – Being in specific professional or occupational memberships or organizations is a good way to get lower rates on your next renewal.
- Passive Restraint Discount – Factory options such as air bags or automatic seat belts may earn rate discounts up to 30%.
Just know that some of the credits will not apply to the entire policy premium. The majority will only reduce the price of certain insurance coverages like comprehensive or collision. Just because it seems like having all the discounts means you get insurance for free, company stockholders wouldn’t be very happy.
To view car insurance companies that offer multiple discounts, click this link.
Different people need different car insurance coverages
When it comes to choosing the right insurance coverage, there isn’t really a single plan that fits everyone. Everyone’s situation is unique.
Here are some questions about coverages that might point out if your situation will benefit from professional help.
- Should I buy additional glass protection?
- Does my car insurance cover rental cars?
- Will my rates increase for filing one claim?
- Am I covered by my employer’s commercial auto policy when driving my personal car for business?
- Should I sign the liability waiver when renting a car?
- Can I afford low physical damage deductibles?
- Does having multiple vehicles earn me a discount?
- When should my teen driver be added to my policy?
If you’re not sure about those questions but you know they apply to you, then you may want to think about talking to a licensed insurance agent. If you want to speak to an agent in your area, fill out this quick form. It’s fast, free and you can get the answers you need.
Car insurance coverage basics
Learning about specific coverages of your policy aids in choosing the right coverages for your vehicles. The coverage terms in a policy can be impossible to understand and coverage can change by endorsement.
Liability
Liability coverage can cover damages or injuries you inflict on other’s property or people that is your fault. Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have values of 100/300/100 which stand for $100,000 in coverage for each person’s injuries, a limit of $300,000 in injury protection per accident, and a limit of $100,000 paid for damaged property. Some companies may use one number which is a combined single limit which limits claims to one amount without having the split limit caps.
Liability can pay for claims like legal defense fees, bail bonds, repair bills for other people’s vehicles, loss of income and repair costs for stationary objects. The amount of liability coverage you purchase is a personal decision, but buy higher limits if possible.
Insurance for medical payments
Personal Injury Protection (PIP) and medical payments coverage kick in for short-term medical expenses such as chiropractic care, funeral costs and hospital visits. The coverages can be used to fill the gap from your health insurance policy or if you do not have health coverage. It covers you and your occupants as well as if you are hit as a while walking down the street. PIP is not available in all states but it provides additional coverages not offered by medical payments coverage
Uninsured Motorist or Underinsured Motorist insurance
Your UM/UIM coverage protects you and your vehicle’s occupants from other drivers when they do not carry enough liability coverage. Covered losses include injuries to you and your family as well as your vehicle’s damage.
Because many people carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage should not be overlooked. Normally the UM/UIM limits are set the same as your liablity limits.
Comprehensive coverage (or Other than Collision)
Comprehensive insurance pays to fix your vehicle from damage from a wide range of events other than collision. A deductible will apply and then insurance will cover the rest of the damage.
Comprehensive insurance covers claims like hitting a deer, vandalism, falling objects and rock chips in glass. The maximum payout your car insurance company will pay is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.
Collision coverage
Collision coverage pays for damage to your Q5 resulting from a collision with an object or car. A deductible applies then the remaining damage will be paid by your insurance company.
Collision can pay for claims like damaging your car on a curb, colliding with another moving vehicle, hitting a mailbox and backing into a parked car. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from lower value vehicles. Another option is to raise the deductible to save money on collision insurance.
Final thoughts
As you restructure your insurance plan, it’s very important that you do not skimp on critical coverages to save a buck or two. In too many instances, someone dropped uninsured motorist or liability limits only to regret that it was a big error on their part. The goal is to buy enough coverage at the best possible price, not the least amount of coverage.
Cheaper car insurance can be purchased from both online companies and from local insurance agents, so you should be comparing quotes from both to get a complete price analysis. Some car insurance companies may not offer online price quotes and many times these regional carriers only sell through independent agents.
Throughout this article, we presented a lot of ways to get a better price on Audi Q5 insurance. The key thing to remember is the more times you quote, the better your comparison will be. Consumers may even find the lowest auto insurance rates come from a small local company.
