Want lower car insurance rates for your Audi S4? Wish you could get out of an overpriced car insurance policy? Trust us, many drivers have buyer’s remorse.
Having so many car insurance companies to choose from, it can be impossible to find the cheapest insurer.
Buying affordable insurance is not that difficult. Essentially every vehicle owner who carries insurance will most likely be able to reduce their rates. Although car owners do need to learn the way companies market on the web and take advantage of how the system works.
Buying auto insurance is not cheap, but you can get discounts to cut the cost considerably. Most are applied at the time you complete a quote, but a few must be asked about before you will receive the discount.
It’s important to understand that many deductions do not apply to the entire cost. Most only reduce individual premiums such as liability, collision or medical payments. So despite the fact that it appears you could get a free auto insurance policy, you won’t be that lucky.
Insurance companies that have some of the discounts shown above include:
When comparing rates, check with every prospective company how you can save money. Depending on the company, some discounts may not apply to policyholders in every state.
When buying the right insurance coverage for your personal vehicles, there really is not a cookie cutter policy. Coverage needs to be tailored to your specific needs so your insurance needs to address that. For example, these questions could help you determine if 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 an insurance agent. If you don’t have a local agent, simply complete this short form or go to this page to view a list of companies.
Insurance companies such as Allstate and Progressive endlessly run ads in print and on television. They all advertise the message that you’ll save big if you change to them. How does each company charge you less for car insurance? Just pay attention to how they say it.
Many companies have a preferred profile for the type of driver they prefer to insure. One example of a profitable insured could be between the ages of 30 and 45, has no prior claims, and drives less than 7,500 miles a year. Any driver who matches those parameters receives the best car insurance rates and will cut their rates substantially.
Potential insureds who do not meet the ideal profile will probably have to pay higher rates and business going elsewhere. The trick is to say “drivers that switch” not “everybody who quotes” save money. That is how insurance companies can make claims that they all have the best rates.
This really illustrates why drivers must compare rate quotes every year. Because without a comparison, you cannot know which company will be your best fit.
Understanding the coverages of your auto insurance policy helps when choosing appropriate coverage at the best deductibles and correct limits. Policy terminology can be confusing and coverage can change by endorsement. Shown next are the usual coverages available from auto insurance companies.
Uninsured Motorist or Underinsured Motorist insurance
This protects you and your vehicle when the “other guys” are uninsured or don’t have enough coverage. Covered claims include hospital bills for your injuries as well as your vehicle’s damage.
Due to the fact that many drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Frequently the UM/UIM limits are set the same as your liablity limits.
Comprehensive coverage (or Other than Collision)
Comprehensive insurance pays for damage that is not covered by collision coverage. You first must pay your deductible and then insurance will cover the rest of the damage.
Comprehensive insurance covers things such as hail damage, a tree branch falling on your vehicle, a broken windshield, damage from getting keyed and fire damage. The maximum amount a auto insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.
Collision protection
This coverage covers damage to your S4 from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible then the remaining damage will be paid by your insurance company.
Collision coverage pays for claims such as colliding with a tree, colliding with another moving vehicle, scraping a guard rail, hitting a parking meter and backing into a parked car. Collision coverage makes up a good portion of your premium, so consider removing coverage from older vehicles. Another option is to bump up the deductible to get cheaper collision coverage.
Insurance for medical payments
Medical payments and Personal Injury Protection insurance pay for expenses for X-ray expenses, ambulance fees, dental work and surgery. They are used to cover expenses not covered by your health insurance program or if there is no health insurance coverage. It covers both the driver and occupants as well as any family member struck as a pedestrian. PIP coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage
Liability auto insurance
This coverage can cover damages or injuries you inflict on people or other property that is your fault. It protects YOU from legal claims by others, and doesn’t cover your injuries or vehicle damage.
Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show limits of 100/300/100 that translate to a $100,000 limit per person for injuries, a total of $300,000 of bodily injury coverage per accident, and a total limit of $100,000 for damage to vehicles and property. Occasionally you may see one number which is a combined single limit which provides one coverage limit with no separate limits for injury or property damage.
Liability can pay for things like court costs, repair bills for other people’s vehicles, attorney fees, pain and suffering and legal defense fees. How much liability coverage do you need? That is a decision to put some thought into, but consider buying as much as you can afford.
The cheapest 2005 Audi S4 insurance is definitely available from both online companies in addition to many insurance agents, and you should compare rates from both in order to have the best price selection to choose from. Some auto insurance companies may not have internet price quotes and these smaller providers work with independent agents.
As you restructure your insurance plan, do not skimp on critical coverages to save a buck or two. There are a lot of situations where consumers will sacrifice physical damage coverage only to discover later that their decision to reduce coverage ended up costing them more. The aim is to buy a smart amount of coverage at an affordable rate and still be able to protect your assets.
More detailed auto insurance information is located in these articles: