View 2013 Audi RS 5 Insurance Cost

Trying to find cheaper insurance rates for your Audi RS 5? If you’ve never shopped for insurance quotes online, most likely you are bewildered thanks to all the different types insurance agents and companies competing for your business.

Choosing the best insurance company for you is not that difficult. Just about everyone who buys auto insurance most likely will be able to lower their premiums. But drivers must learn how companies determine prices and apply this information to your search.

Are you getting every discount?

Companies don’t necessarily list all available discounts very clearly, so we researched a few of the more common in addition to some of the lesser obvious insurance savings. If you do not double check each discount available, it’s possible you qualify for a lower rate.

  • Anti-lock Brake System – Cars and trucks equipped with ABS or steering control can reduce accidents and will save you 10% or more.
  • Seat Belts Save more than Lives – Drivers who require all vehicle occupants to buckle up can save up to 15% on the premium charged for medical payments and/or PIP.
  • First Accident Forgiveness – This one isn’t a discount, but some companies like GEICO, State Farm, and Progressive will allow you to have one accident before your rates go up if you have no claims prior to being involved in the accident.
  • Driver Training Discounts – Taking time to complete a course in defensive driver could possibly earn you a 5% discount if you qualify.
  • Employee of Federal Government – Being employed by or retired from a federal job could provide a small rate reduction for RS 5 insurance depending on your company.
  • Early Renewal Discounts – Select insurance companies give a discount for renewing your policy before your current coverage expires. The savings is around 10%.
  • Save with More Vehicles Insured – Having multiple cars on one policy can reduce rates for all insured vehicles.
  • Save with a New Car – Insuring a new car can get you a discount since new model year vehicles are generally safer.
  • Discount for Low Mileage – Low mileage vehicles could qualify for slightly better rates than normal.
  • Multiple Policy Discount – If you combine your auto and home policies and insure them with the same company you may earn approximately 10% to 15%.

As is typical with insurance, most discount credits are not given to the overall cost of the policy. A few only apply to the price of certain insurance coverages like comp or med pay. So when the math indicates you would end up receiving a 100% discount, it’s just not the way it works.

To view insurance companies that offer multiple discounts, click here to view.

Affordable insurance price quotes

There are several ways to compare rate quotes from different companies. By far the easiest way to lower the rate you pay for 2013 Audi RS 5 insurance is to perform an online rate comparison. It is quite easy and can be accomplished in a couple minutes as outlined below.

The most efficient way to find low rates is to use a rate comparison form like this one (opens in new window). This type of form prevents you from having to do separate forms for every insurance company. Completing one form compares rates from multiple low-cost companies. It’s definitely the quickest method.

A more time consuming way to compare rate quotes is to take the time to go to each company’s website and fill out their own quote form. For examples sake, let’s assume you want rates from Liberty Mutual, 21st Century and State Farm. You would have to spend time on each company’s site and repeatedly enter your information, and that explains why we recommend the first method.

For a handy list of car insurance company links in your area, click here.

The least recommended way to shop rates is calling or driving to local insurance agencies. The ability to quote online eliminates the middleman unless you’re the type of person who wants the peace of mind of a licensed agent. Drivers can find lower rates online but purchase the actual policy in an agency.

How you compare quotes is your choice, just make sure you are using exactly the same coverage information with every price quote. If each company quotes different coverage information it will be nearly impossible to make a fair rate comparison. Even a minor difference in limits can mean a large discrepancy in price. And when comparison shopping, comparing a wide range of rates helps improve the odds of finding a better price. Some smaller insurers to not give price estimates online, so it’s important to also get price quotes from the smaller companies as well.

Insurance rate influencing factors

Lots of things are used when premium rates are determined. Some factors are common sense such as your driving history, but other criteria are not as apparent such as your marital status or how safe your car is.

The list below includes most of the major factors used by companies to determine rates.

  • Discounts for alarms and GPS tracking – Owning a car that has an advanced theft prevention system can help lower your rates. Theft prevention devices such as GM’s OnStar, tamper alarm systems and vehicle immobilizers help track and prevent your car from being stolen.
  • Rate your vehicle for proper use – The higher the mileage driven in a year the higher your rates will be. Almost all companies apply a rate based upon how the vehicle is primarily used. Autos that are left in the garage qualify for better rates than those used for commuting. A policy that improperly rates your RS 5 is throwing money out the window. Double check that your declarations sheet shows the correct usage for each vehicle.
  • Liability coverage is peace of mind – The liability section of your policy is the protection when you are determined to be liable for damages from an accident. It provides you with a defense in court which can be incredibly expensive. Liability is cheap as compared to coverage for physical damage, so drivers should carry high limits.
  • Minor frequent insurance claims are not good – Insurance companies award better rates to drivers who do not file claims often. If you are a frequent claim filer, you can pretty much guarantee much higher rates or policy non-renewal. Auto insurance is designed for claims that you cannot pay yourself.
  • Younger vs. older drivers – Mature drivers tend to be more responsible, tend to cause fewer accidents and get fewer tickets.Inexperience drivers are proven to be less responsible behind the wheel so they pay higher auto insurance rates.
  • Save money with higher deductibles – Your deductibles state the amount of money the insured will be required to pay if the claim is covered. Physical damage protection, termed comprehensive and collision coverage on your policy, protects your car from damage. Some examples of claims that would be covered could be colliding with a stationary object, damage from fire, and damage caused by road hazards. The more damage repair cost the insured is willing to pay, the less your company will charge you for insurance for RS 5 insurance.
  • Getting married can save you money – Walking down the aisle may earn you lower rates on your auto insurance bill. Having a significant other translates into being more responsible it has been statistically shown that drivers who are married file infrequent claims.
  • Save money with good credit – Having a bad credit rating can be an important factor in your rate calculation. If your credit history is lower than you’d like, you could be paying less to insure your 2013 Audi RS 5 if you improve your credit rating. Consumers who have very good credit scores tend to be more responsible than drivers with lower credit scores.

When in doubt talk to an agent

When it comes to choosing the best insurance coverage, there really is no one size fits all plan. Everyone’s needs are different.

For instance, these questions might point out whether you may require specific advice.

  • Is my teenager covered with friends in the car?
  • Which companies will insure high-risk drivers?
  • Does coverage extend to my business vehicle?
  • Am I covered if my car is in a flood?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • Can I afford to buy a different vehicle if my 2013 Audi RS 5 is totaled?
  • Are my friends covered when driving my 2013 Audi RS 5?
  • What is the difference between comprehensive and collision coverage?
  • Am I better off with higher deductibles on my 2013 Audi RS 5?
  • When should I drop full coverage on my 2013 Audi RS 5?

If you don’t know the answers to these questions, 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.

Save 15 percent in 15 minutes? Is it for real?

Companies like 21st Century, Allstate and State Farm consistently run television, radio, and online ads. They all make an identical promise of big savings after switching your policy. How does every auto insurance company lower your car insurance rates? This is how they do it.

All companies quote their cheapest rates for the type of customer that will most likely be profitable. For instance, a preferred risk might be a married male, is a homeowner, and has a high credit rating. Any person who matches those parameters receives the best prices and have a good chance to cut their rates substantially.

Potential customers who do not meet these criteria will see higher rates and the customer buying from someone else. If you pay close attention to the ads, they say “drivers who switch” not “everyone who quotes” save the amount stated. That’s why companies can truthfully make those statements. Each company has different criteria, so you really should get price quotes at each policy renewal. It’s just not possible to know with any certainty which company will provide you with the cheapest rates.

Auto insurance coverage options for an Audi RS 5

Having a good grasp of auto insurance helps when choosing appropriate coverage and proper limits and deductibles. The coverage terms in a policy can be difficult to understand and even agents have difficulty translating policy wording.

Liability auto insurance

Liability insurance provides protection from damage or injury you incur to other people or property by causing an accident. This coverage protects you from legal claims by others, and does not provide coverage for damage sustained by your vehicle in an accident.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have limits of 50/100/50 which stand for $50,000 bodily injury coverage, a total of $100,000 of bodily injury coverage per accident, and a total limit of $50,000 for damage to vehicles and property.

Liability can pay for claims such as emergency aid, structural damage, legal defense fees and repair bills for other people’s vehicles. How much liability coverage do you need? That is a decision to put some thought into, but it’s cheap coverage so purchase higher limits if possible.

Auto collision coverage

Collision insurance pays for damage to your RS 5 caused by collision with a stationary object or other vehicle. A deductible applies and then insurance will cover the remainder.

Collision coverage pays for things like hitting a parking meter, colliding with a tree, sideswiping another vehicle and hitting a mailbox. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are older. You can also raise the deductible to get cheaper collision coverage.

Med pay and Personal Injury Protection (PIP)

Coverage for medical payments and/or PIP provide coverage for immediate expenses for things like X-ray expenses, chiropractic care, prosthetic devices, hospital visits and EMT expenses. The coverages can be used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. Medical payments and PIP cover both the driver and occupants in addition to being hit by a car walking across the street. PIP coverage is only offered in select states and gives slightly broader coverage than med pay

Comprehensive insurance

Comprehensive insurance coverage will pay to fix damage that is not covered by collision coverage. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things like hail damage, damage from getting keyed and hitting a deer. The most a auto insurance company will pay at claim time is the cash value of the vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Uninsured/Underinsured Motorist (UM/UIM)

This protects you and your vehicle when other motorists are uninsured or don’t have enough coverage. Covered losses include injuries to you and your family and damage to your 2013 Audi RS 5.

Since many drivers only carry the minimum required liability limits, their limits can quickly be used up. This is the reason having UM/UIM coverage is important protection for you and your family.

In Summary

You just learned many tips how you can shop for 2013 Audi RS 5 insurance online. It’s most important to understand that the more price quotes you have, the better likelihood of getting inexpensive insurance. Consumers could even find that the lowest rates come from a small local company.

When getting insurance quotes online, make sure you don’t reduce coverage to reduce premium. There are a lot of situations where an insured dropped comprehensive coverage or liability limits only to regret that saving that couple of dollars actually costed them tens of thousands. The proper strategy is to buy a smart amount of coverage at the best cost, but do not skimp to save money.

Lower-priced car insurance is available from both online companies in addition to many insurance agents, so you need to quote insurance with both so you have a total pricing picture. A few companies do not provide online quoting and usually these smaller providers prefer to sell through independent agents.

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