How Much Does 2015 Audi S5 Car Insurance Cost?

Have you had enough of trying to scrape together enough money to buy insurance coverage? You are in the same boat as many other drivers. Since you have so many options when it comes to insurance coverage, it is hard for the average consumer to choose the cheapest insurance company.

Consumers should take time to quote other rates before your policy renews because insurance coverage prices tend to go up over time. Even if you think you had the best price for S5 insurance at your last renewal you will most likely find a better rate quote today. There is a lot of bad information regarding insurance coverage out there, but by reading this article, you’re going to learn some excellent ideas to put money back in your pocket.

Finding the best rates is not rocket science. If you currently have car insurance, you should be able to cut costs considerably using these techniques. Drivers only need an understanding of the best way to compare prices online.

Informed consumers know how to quote auto insurance cheaper

Many things are part of the equation when you get your auto insurance bill. Some of the criteria are obvious like your driving record, but other factors are less apparent like your vehicle usage or how financially stable you are.

The list below includes some of the most common factors that factor into your prices.

  • Don’t cut corners with liability – The liability coverage on your policy will afford coverage if you are determined to be liable for causing personal injury or damage in an accident. It provides for a legal defense which can cost thousands of dollars. Carrying liability coverage is mandatory and cheap compared to physical damage coverage, so do not skimp.
  • Bundle policies to earn discounts – Some insurers apply discounts to clients who buy several policies from them in the form of a multi-policy discount. This can amount to as much as ten percent or more Even though this discount sounds good, it’s still a good idea to get quotes from other companies to help ensure you have the lowest rates. Drivers may still find better rates by splitting coverages up.
  • Advanced GPS tracking and theft deterrents – Selecting a car model with an alarm system can help lower your premiums. Anti-theft features such as LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all help prevent car theft and help bring rates down.
  • Mature drivers are lower risk – Older people are more cautious drivers, tend to cause fewer accidents and receive fewer citations.Teenage drivers are proven to be inattentive behind the wheel so they pay higher auto insurance rates.
  • What’s your car’s IIHS safety rating? – Safer cars tend to have lower insurance rates. Highly rated vehicles reduce the chance of injuries and lower rates of occupant injuries means less claims paid and lower rates for you. If your Audi S5 has at least four stars on Safercar.gov it is probably cheaper to insure.
  • Claim-free discounts can add up – If you file claims often, you can expect either a policy non-renewal or much higher rates. Insurance companies give lower rates to insureds who are claim-free. Auto insurance is meant to be used in the event of the large, substantial claims.

First Step: Get free car insurance quotes

Reducing your 2015 Audi S5 insurance rates is pretty simple and can save money. The only thing you need to do is take the time comparing rate quotes online with multiple companies. You can get a good selection of rate quotes in a couple of different ways.

  1. The first (and easiest) way consumers can analyze rates is a comparison rater form like this one (opens in new window). This method keeps you from doing separate quotation requests for every prospective company. Completing one form will get you rate comparisons from car insurance companies with the best prices.
  2. Another way to get comparison quotes is to manually visit each company website and fill out their own quote form. For example, we’ll assume you want to compare rates from Progressive, 21st Century and Allstate. You would be required to go to each individual site and punch in your information repeatedly, which is why the first method is quicker.

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

  3. The least efficient method to compare rates is to drive around to different agent offices. The internet eliminates this option unless you have a complicated situation and need the trained advice that can only be provided by a licensed insurance agent. Some companies do allow you to price shop online and have a local agent actually service the policy.

You can choose any of those ways to find more affodable coverage, but be sure you’re using nearly identical quote data for each comparison quote. If you have different limits and deductibles on each one it will be very difficult to make an equal comparison.

Auto insurance advertisements

Consumers can’t get away from ads for cheaper auto insurance from companies such as 21st Century, Allstate and State Farm. They all seem to tend to make the same promise that people will save if you change your auto insurance policy to them.

How do they all make almost identical claims? It’s all in the numbers.

All the different companies have a preferred profile for the type of driver that earns them the highest profit. An example of a profitable customer could be between 30 and 50, has had continuous coverage, and does not commute to work. A customer getting a price quote who fits that profile will get the preferred car insurance rates and is almost guaranteed to save when they switch companies.

People who are not a match for these standards will have to pay higher rates which results in the customer not buying. The ads say “drivers who switch” not “everybody who quotes” save that kind of money. This is how insurance companies can confidently make claims that they all have the best premium rates. Each company has different criteria, so you really need to do a rate comparison at every renewal. It’s not possible to predict which company will have the lowest rates.

Find hidden discounts to get affordable car insurance quotes

Companies offering auto insurance do not list every discount they offer in a way that’s easy to find, so the following is a list of a few of the more well known and also the more inconspicuous discounts that may be available. If you check and find you aren’t receiving every discount you qualify for, you are just wasting money.

  • Paper-free Discount – A few insurance companies will give you a small discount simply for signing over the internet.
  • Accident-Free Discounts – Claim-free drivers get the best car insurance rates compared to insureds who have frequent claims or accidents.
  • Sign Early and Save – A few car insurance companies offer discounts for buying a new policy before your current expiration date. You may see this discount when you get car insurance quotes online.
  • Discounts for Good Drivers – Insureds who avoid accidents can save up to 40% or more on their car insurance quote for S5 insurance than less cautious drivers.
  • Home Ownership Discount – Just owning your own home may trigger a policy discount on car insurance since home ownership is proof that your finances are in order.
  • Military Deployment Discount – Being on active duty in the military could trigger a small discount.
  • Employee of Federal Government – Simply working for the federal government could cut as much as 10% off for S5 insurance but check with your company.
  • Seat Belts Save more than Lives – Forcing all vehicle occupants to buckle their seat belts can save 10% or more off the medical payments premium.
  • Full Payment Discount – By paying your policy upfront instead of paying each month you can avoid the installment charge.
  • Telematics Devices – Policyholders that allow companies to monitor driving patterns by using a telematics device in their vehicle such as In-Drive from State Farm or Allstate’s Drivewise system may see discounts as long as they are good drivers.

One thing to note about discounts is that some of the credits will not apply the the whole policy. Some only reduce the price of certain insurance coverages like physical damage coverage or medical payments. So even though you would think you can get free auto insurance, it’s just not the way it works.

Some of the insurance companies that may include these discounts may include but are not limited to:

Check with all companies you are considering what discounts are available to you. Some discounts listed above might not be available to policyholders in your area. To choose insurers who offer cheap car insurance quotes, click here.

Tailor your car insurance coverage to you

When choosing the right insurance coverage, there is no “best” method to buy coverage. Every insured’s situation is different and a cookie cutter policy won’t apply. Here are some questions about coverages that can aid in determining whether your personal situation might need an agent’s assistance.

  • Am I covered if I break a side mirror?
  • Can I afford to pay high deductible claims out of pocket?
  • Can my teen driver be rated on a liability-only vehicle?
  • Can I drive in Mexico and have coverage?
  • When should I remove comp and collision on my 2015 Audi S5?
  • What is the minimum liability in my state?
  • What is UM/UIM insurance?
  • Why am I be forced to buy a membership to get insurance from some companies?

If it’s difficult to answer those questions then you might want to talk to an insurance agent. To find an agent in your area, take a second and complete this form or go to this page to view a list of companies. It only takes a few minutes and you can get the answers you need.

Specific coverages for a 2015 Audi S5

Learning about specific coverages of a insurance policy helps when choosing which coverages you need and proper limits and deductibles. Insurance terms can be impossible to understand and reading a policy is terribly boring. Listed below are the normal coverages found on most insurance policies.

Protection from uninsured/underinsured drivers – Your UM/UIM coverage protects you and your vehicle when other motorists do not carry enough liability coverage. Covered claims include hospital bills for your injuries as well as damage to your Audi S5.

Since a lot of drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage should not be overlooked.

Collision coverages – Collision insurance covers damage to your S5 from colliding with an object or car. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage protects against things like rolling your car, sustaining damage from a pot hole, crashing into a ditch, colliding with another moving vehicle and hitting a parking meter. Paying for collision coverage can be pricey, so you might think about dropping it from older vehicles. It’s also possible to raise the deductible in order to get cheaper collision rates.

Liability coverages – This coverage protects you from damage or injury you incur to a person or their property that is your fault. This coverage protects you against other people’s claims, and doesn’t cover your injuries or vehicle damage.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show liability limits of 50/100/50 which means a limit of $50,000 per injured person, a total of $100,000 of bodily injury coverage per accident, and $50,000 of coverage for damaged propery.

Liability coverage protects against claims such as pain and suffering, medical expenses and court costs. How much coverage you buy is up to you, but consider buying as large an amount as possible.

Medical expense insurance – Medical payments and Personal Injury Protection insurance pay for expenses like EMT expenses, X-ray expenses, prosthetic devices, hospital visits and chiropractic care. They can be used in conjunction with a health insurance plan or if you lack health insurance entirely. They cover all vehicle occupants and will also cover getting struck while a pedestrian. PIP coverage is not universally available and gives slightly broader coverage than med pay

Comprehensive (Other than Collision) – This coverage pays for damage caused by mother nature, theft, vandalism and other events. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things such as hitting a bird, falling objects and theft. The maximum payout a insurance company will pay at claim time is the market value of your vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

Knowledge is power

Low-cost 2015 Audi S5 insurance is definitely available online in addition to many insurance agents, so get free car insurance quotes from both of them to have the best selection. There are still a few companies who do not offer online price quotes and many times these regional carriers provide coverage only through local independent agencies.

As you go through the steps to switch your coverage, it’s very important that you do not buy lower coverage limits just to save a few bucks. Too many times, someone sacrificed comprehensive coverage or liability limits and learned later that the savings was not a smart move. The ultimate goal is to purchase a proper amount of coverage at the best cost, not the least amount of coverage.

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