2010 Audi S5 Insurance Quotes

Want better insurance rates for your Audi S5? Searching for the most affordable insurance online can be problematic for consumers not familiar with shopping for insurance online. With so many insurance companies available, how can consumers effectively compare every company to locate the best price?

It’s a good idea to compare rates on a regular basis because insurance rates fluctuate regularly. If you had the best deal for S5 insurance six months ago a different company probably has better rates today. You’ll find quite a bit of inaccurate information about insurance on the internet, so we’re going to give you some guaranteed methods to quit paying high insurance rates.

Finding the best rates is quite easy. If you currently have car insurance, you stand a good chance to be able to reduce your rates substantially using this information. But car owners benefit from understanding the methods companies use to sell insurance online and use this information to your advantage.

Audi S5 insurance rates are influenced by…

It’s important that you understand the rating factors that go into determining the rates you pay for insurance. Knowing what impacts premium levels enables informed choices that may reward you with big savings.

Listed below are a partial list of the pieces insurance companies consider when setting rates.

  • How your age affects price – Older drivers are more cautious drivers, statistically cause fewer accidents and get fewer tickets. Youthful drivers are known to get distracted easily behind the wheel and because of this, their insurance rates are much higher.
  • Frequent insurance claims increase rates – If you are a frequent claim filer, you can look forward to either policy cancellation or increased premiums. Car insurance companies provide cheaper rates to drivers who are claim-free. Your insurance policy is intended for larger claims.
  • Do you need the policy add-ons? – There are a ton of additional coverages that can waste your money on your S5 policy. Coverages for personal injury protection, accident forgiveness and membership fees are some examples. These may sound like a good investment at first, but your needs may have changed so eliminate them to save money.
  • Rates may be higher depending on your occupation – Jobs such as judges, executives and financial analysts are shown to have higher average rates because of stressful work requirements and long work days. Conversely, occupations like actors, engineers and the unemployed pay the least for S5 insurance.
  • What are your deductibles? – The deductibles represent how much money you are required to spend before a claim is paid by your company. Physical damage coverage, termed comprehensive and collision coverage on your policy, is used to repair damage to your car. Some examples of claims that would be covered are colliding with a building, damage caused by hail, and rolling your vehicle. The more money the insured has to pay upfront, the less your company will charge you for insurance for S5 insurance.
  • Always keep insurance in force – Driving your car without having proper coverage is against the law and you will pay a penalty because you let your coverage lapse. Not only will you pay more, failure to provide proof of insurance might get you a hefty fine and possibly a revoked license.
  • Pleasure use saves money – The higher the mileage driven in a year the higher your rate. The majority of insurers apply a rate based upon how you use the vehicle. Cars and trucks not used for work or commuting can get a lower rate than those used for commuting. Ask your agent if your insurance declarations sheet properly reflects the correct usage for each vehicle, because it can save money. If your policy improperly rates your S5 may be costing you.

Save money by taking advantage of these discounts

Auto insurance companies don’t always list all their discounts very clearly, so the following is a list of some of the best known as well as the least known discounts you could be receiving.

  • Multiple Cars – Insuring all your vehicles on one policy could earn a price break for each car.
  • Club Memberships – Affiliation with a civic or occupational organization could qualify you for a break when buying insurance for S5 insurance.
  • Seat Belt Usage – Buckling up and requiring all passengers to use their safety belts can save 10% or more off your PIP or medical payments premium.
  • Good Student – A discount for being a good student can be rewarded with saving of up to 25%. The discount lasts until age 25.
  • Defensive Driving Course – Successfully completing a course teaching defensive driving skills could possibly earn you a 5% discount if your company offers it.
  • Anti-lock Brakes – Vehicles with anti-lock braking systems can reduce accidents and therefore earn up to a 10% discount.
  • Federal Government Employee – Active or retired federal employment can earn a discount up to 10% for S5 insurance with a few insurance companies.
  • 55 and Retired – If you’re over the age of 55, you may receive a small decrease in premiums for S5 insurance.
  • Anti-theft Discount – Vehicles equipped with anti-theft or alarm systems prevent vehicle theft and qualify for as much as a 10% discount.
  • College Student – Kids in college who attend school more than 100 miles from home without a vehicle on campus may qualify for this discount.

It’s important to understand that some credits don’t apply to the overall cost of the policy. Some only apply to the cost of specific coverages such as collision or personal injury protection. So even though it sounds like you could get a free insurance policy, it doesn’t quite work that way.

Car insurance companies that possibly offer these discounts include:

It’s a good idea to ask every prospective company which discounts you may be entitled to. Some discounts might not be offered in every state.

When should I use an insurance agent?

When it comes to choosing proper insurance coverage for your personal vehicles, there really is no single plan that fits everyone. Each situation is unique.

For example, these questions can aid in determining whether your personal situation could use an agent’s help.

  • Is my teen driver covered when they drive my company car?
  • Will I lose any money if I cancel my policy before it expires?
  • Am I covered when driving a rental car?
  • Do I need motorclub coverage?
  • Do I need more liability coverage?
  • I have health insurance so do I need medical payments coverage?
  • What are the financial responsibility laws in my state?

If it’s difficult to answer those questions, then you may want to think about talking to an agent. To find an agent in your area, fill out this quick form.

Coverages available on your policy

Understanding the coverages of a insurance policy aids in choosing appropriate coverage for your vehicles. Insurance terms can be ambiguous and reading a policy is terribly boring.

Protection from uninsured/underinsured drivers

Your UM/UIM coverage provides protection from other motorists when they are uninsured or don’t have enough coverage. This coverage pays for medical payments for you and your occupants and damage to your Audi S5.

Due to the fact that many drivers carry very low liability coverage limits, their limits can quickly be used up. So UM/UIM coverage is important protection for you and your family.

Comprehensive (Other than Collision)

Comprehensive insurance pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against claims such as fire damage, a tree branch falling on your vehicle and hail damage. The highest amount your insurance company will pay is the actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Auto liability

This coverage will cover damage that occurs to a person or their property in an accident. This coverage protects you against other people’s claims. Liability doesn’t cover your own vehicle damage or injuries.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show values of 25/50/25 that translate to a limit of $25,000 per injured person, a total of $50,000 of bodily injury coverage per accident, and $25,000 of coverage for damaged propery.

Liability can pay for things like repair bills for other people’s vehicles, pain and suffering and structural damage. How much liability should you purchase? That is a personal decision, but you should buy as large an amount as possible.

Medical expense insurance

Personal Injury Protection (PIP) and medical payments coverage provide coverage for bills such as doctor visits, chiropractic care, surgery and funeral costs. They can be utilized in addition to your health insurance plan or if you do not have health coverage. It covers you and your occupants as well as being hit by a car walking across the street. PIP is only offered in select states and may carry a deductible

Collision coverage protection

Collision coverage pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims such as hitting a mailbox, backing into a parked car, crashing into a ditch, scraping a guard rail and rolling your car. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are 8 years or older. Another option is to bump up the deductible to save money on collision insurance.

The bottom line

As you shop your coverage around, it’s not a good idea to sacrifice coverage to reduce premiums. There have been many situations where an insured dropped full coverage and learned later that saving that couple of dollars actually costed them tens of thousands. Your strategy should be to purchase a proper amount of coverage at the best price while still protecting your assets.

Cheaper 2010 Audi S5 insurance is definitely available from both online companies in addition to many insurance agents, and you should compare price quotes from both in order to have the best chance of saving money. Some insurance companies do not provide you the ability to get quotes online and many times these smaller companies only sell through independent insurance agents.

Insureds leave their current company for a number of reasons such as an unsatisfactory settlement offer, not issuing a premium refund, high prices and even questionable increases in premium. Regardless of your reason, finding a new car insurance company is actually quite simple.

Additional articles