Did you fall for a flashy sales pitch and buy an underperforming, overpriced insurance coverage policy? Believe me, you are not the only one feeling buyer’s remorse.
Because there are so many insurance companies to choose from, it can be hard to pick the best car insurance company.
Smart consumers take time to do rate comparisons once or twice a year since rates change regularly. Even if you got the best deal for A3 insurance a year ago you may be paying too much now. Forget all the misinformation about insurance coverage because you’re about to find out the only way to save money, get proper deductibles and limits, all at the lowest rate.
There are a lot of ways to compare insurance prices but some are easier and takes less work. You can spend countless hours driving to local insurance agents in your area, or you could use the internet to accomplish the same thing much quicker.
Many of the larger companies participate in a marketplace where prospective buyers enter their coverage request one time, and each company returns a competitive quote based on that data. This prevents consumers from doing quotation requests for every insurance company.
To fill out one form to compare multiple rates now click here (opens in new window).
One minor caviat to comparing rates this way is you can’t choose the providers you want pricing from. So if you prefer to pick individual companies to receive pricing from, we have a page of insurance companies in your area. View list of insurance companies.
It’s up to you which method you use, but make sure you use the exact same coverage information for every company. If your comparisons have unequal deductibles or liability limits it will be impossible to determine the lowest rate for your Audi A3. Slightly different insurance coverages may result in a large different in cost. It’s important to know that more quotes will enable you to find a lower rate.
Properly insuring your vehicles can get expensive, but discounts can save money and there are some available that you may not even be aware of. Certain discounts will be triggered automatically when you get a quote, but a few need to be manually applied before being credited.
It’s important to understand that some credits don’t apply to the entire cost. Some only apply to the price of certain insurance coverages like liability and collision coverage. So even though it sounds like it’s possible to get free car insurance, companies wouldn’t make money that way. Any amount of discount will reduce the cost of coverage.
Car insurance companies that possibly offer these benefits include:
Double check with every prospective company which discounts they offer. All car insurance discounts might not apply in every state.
When buying proper insurance coverage for your vehicles, there really is not a one size fits all plan. Coverage needs to be tailored to your specific needs so your insurance should reflect that These are some specific questions can aid in determining whether or not you will benefit from professional help.
If you can’t answer these questions but you think they might apply to your situation, you might consider talking to a licensed insurance agent. To find an agent in your area, fill out this quick form or you can go here for a list of companies in your area.
It’s important that you understand the factors that play a part in calculating your insurance rates. Understanding what controls the rates you pay enables informed choices that could result in better insurance rates.
Shown below are some of the items insurance companies consider when setting premiums.
Having a good grasp of car insurance can be of help when determining the best coverages and the correct deductibles and limits. The terms used in a policy can be ambiguous and coverage can change by endorsement. Below you’ll find typical coverage types offered by car insurance companies.
Comprehensive or Other Than Collision
Comprehensive insurance will pay to fix damage that is not covered by collision coverage. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage protects against things like hitting a deer, vandalism and theft. The most you can receive from a comprehensive claim is the actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.
Collision coverage protection
This coverage pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. You will need to pay your deductible and then insurance will cover the remainder.
Collision coverage pays for things like crashing into a building, hitting a parking meter and crashing into a ditch. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from older vehicles. Another option is to bump up the deductible in order to get cheaper collision rates.
Medical costs insurance
Personal Injury Protection (PIP) and medical payments coverage reimburse you for immediate expenses for prosthetic devices, EMT expenses and dental work. The coverages can be used in conjunction with a health insurance plan or if you do not have health coverage. Coverage applies to both the driver and occupants in addition to being hit by a car walking across the street. Personal injury protection coverage is not universally available but can be used in place of medical payments coverage
UM/UIM Coverage
This gives you protection from other motorists when they do not carry enough liability coverage. Covered losses include hospital bills for your injuries as well as damage to your Audi A3.
Due to the fact that many drivers 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 should not be overlooked. Frequently these coverages are set the same as your liablity limits.
Liability
Liability insurance provides protection from damage that occurs to other’s property or people that is your fault. It protects you against claims from other people. Liability doesn’t cover damage sustained by your vehicle in an accident.
Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see limits of 50/100/50 that means you have a limit of $50,000 per injured person, a limit of $100,000 in injury protection per accident, and property damage coverage for $50,000. Alternatively, you may have a combined single limit or CSL which provides one coverage limit with no separate limits for injury or property damage.
Liability coverage pays for things like medical services, attorney fees and loss of income. The amount of liability coverage you purchase is up to you, but consider buying as large an amount as possible.
We just covered a lot of information how to reduce 2016 Audi A3 insurance prices online. The most important thing to understand is the more rate quotes you have, the higher your chance of finding lower rates. You may even discover the most savings is with a small local company. Regional companies may cover specific market segments cheaper than the large multi-state companies such as Allstate and Progressive.
When you buy insurance online, you should never skimp on critical coverages to save a buck or two. In many instances, an insured dropped uninsured motorist or liability limits and learned later that saving that couple of dollars actually costed them tens of thousands. Your strategy should be to find the BEST coverage for the lowest price.