Auto Insurance Quotes for an Audi A5 in Tucson

Anyone knows that auto insurance companies don’t want customers comparing rates. Insureds who compare other prices will probably move their business because there is a good probability of finding a cheaper policy. A recent survey revealed that consumers who routinely compared rates saved as much as $3,400 over four years compared to policyholders who didn’t regularly shop around.

If finding the cheapest rates on Audi A5 insurance in Tucson is why you’re here, understanding how to find companies and compare insurance premiums can help you succeed in finding affordable rates.

The best way to get budget car insurance rates is to begin comparing prices regularly from providers who sell auto insurance in Tucson. Prices can be compared by following these guidelines.

First, get an understanding of policy coverages and the things you can control to prevent expensive coverage. Many factors that result in higher rates like multiple speeding tickets and an imperfect credit rating can be rectified by improving your driving habits or financial responsibility. This article gives instructions to help reduce premium rates and find discounts that may have been missed.

Second, compare price quotes from direct carriers, independent agents, and exclusive agents. Exclusive agents and direct companies can only give prices from one company like GEICO or Farmers Insurance, while independent agencies can provide prices for a wide range of companies. Click to view companies

Third, compare the new quotes to the price on your current policy and see if there is a cheaper rate. If you find better rates and switch companies, ensure there is no coverage lapse between policies.

Fourth, give notification to your agent or company of your decision to cancel your current coverage and submit a completed application and payment to the new insurer. Be sure to keep your new proof of insurance paperwork along with the vehicle’s registration papers.

A good piece of advice is that you’ll want to make sure you compare similar coverage information on every quote request and and to get rate quotes from as many auto insurance providers as possible. Doing this guarantees a fair rate comparison and a complete selection of prices.

All major auto insurance companies allow consumers to get price estimates on the web. This process is easy for anyone as you simply type in your coverage information as requested by the quote form. Upon sending the form, their system collects information on your driving record and credit history and provides a quote. This makes comparing rates easy, and it’s very important to compare as many rates as possible if you are searching for a better rate.

If you want to find out if lower rates are available, take a look at the companies shown below. To compare your current rates, we recommend you type in the coverages identical to your current policy. This makes sure you will be getting a rate comparison based on identical coverages.

The car insurance companies shown below are our best choices to provide price quotes in Tucson, AZ. If multiple companies are listed, we suggest you click on several of them to get the best price comparison.

It may be expensive, but it’s not optional

Even though it can be expensive, insurance may be required and benefits you in several ways.

First, just about all states have mandatory liability insurance requirements which means it is punishable by state law to not carry specific minimum amounts of liability protection if you don’t want to risk a ticket. In Arizona these limits are 15/30/10 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.

Second, if you took out a loan on your vehicle, it’s guaranteed your bank will force you to have physical damage coverage to guarantee their interest in the vehicle. If you let the policy lapse, the bank will be required to insure your Audi at a much higher rate and require you to reimburse them the higher price.

Third, auto insurance preserves both your assets and your vehicle. Insurance will pay for medical expenses for you, your passengers, and anyone else injured in an accident. As part of your policy, liability insurance also pays for attorney fees and expenses in the event you are sued. If your car is damaged in a storm or accident, comprehensive and collision coverage will pay to repair the damage minus the deductible amount.

The benefits of having auto insurance are without a doubt worth the cost, particularly when you have a large claim. As of last year, the average driver in Arizona overpays as much as $830 a year so it’s recommended you shop around at least once a year to be sure current rates are still competitive.

Rates and statistics

The data table below covers different insurance rates for Audi A5 models. Knowing how auto insurance prices are calculated can aid in making smart choices when buying a policy.

Table data represents married male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Arizona minimum liability limits. Discounts applied include multi-policy, safe-driver, claim-free, homeowner, and multi-vehicle. Rate information does not factor in specific zip code location which can raise or lower auto insurance rates greatly.

Policy deductible comparison

One common question asked by Tucson drivers is how high should the physical damage coverage deductibles be. The following tables highlight the costs and benefits when you select higher and lower insurance deductibles. The first rate quote example uses a $250 comprehensive and collision deductible and the second set of rates uses a $1,000 deductible.

Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, and Arizona minimum liability limits. Discounts applied include multi-vehicle, claim-free, homeowner, safe-driver, and multi-policy. Table data does not factor in specific location which can revise price quotes greatly.

Using the data above, we can ascertain that using a $250 deductible costs approximately $30 more each month or $360 every year than choosing the higher $1,000 deductible. Since you would pay $750 more out-of-pocket with a $1,000 deductible as compared to a $250 deductible, if you go at a minimum 25 months between claim filings, you would probably be better off by selecting a higher deductible. The numbers below show how you can make your own decision.

One important issue to know is that raising deductibles to save money means you will have to pay more out-of-pocket if you have a claim. That will require access to more funds in order to pay more to get your vehicle repaired.

Full coverage rates compared to liability-only

The illustration below compares Audi A5 yearly insurance costs with liability coverage only compared to full coverage. The information is based on no tickets, no at-fault accidents, $1,000 deductibles, marital status is single, and no other discounts are factored in.

When to drop full coverage

There is no definitive guideline to stop buying physical damage coverage, but there is a general convention. If the yearly cost of full coverage is more than around 10% of the replacement cost minus the deductible, then you might consider buying liability only.

For example, let’s pretend your Audi A5 book value is $7,000 and you have $1,000 deductibles. If your vehicle is totaled in an accident, the most you would get paid by your company is $6,000 after paying your policy deductible. If premium cost is more than $600 a year for comprehensive and collision coverage, then it’s probably a good time to buy liability coverage only.

There are some situations where buying only liability insurance is not a good plan. If you still owe money on your vehicle, you have to carry full coverage as part of the loan requirements. Also, if your finances do not allow you to purchase a different vehicle in the event your current vehicle is totaled, you should not opt for liability only.

Companies offer many discounts on Audi A5 insurance in Tucson

Some insurance providers don’t always publicize the complete list of policy discounts very well, so the following list contains both the well known as well as the least known credits that you can use to lower your rates.

• ABS Braking Discount – Anti-lock brake equipped vehicles are safer to drive so you can save 10 percent or more.
• Drive Safe and Save – Safe drivers may save up to 50% more compared to accident prone drivers.
• Accident Waiver – This one isn’t a discount, but certain companies will turn a blind eye to one accident before your rates go up as long as you don’t have any claims for a specific time period.
• No Accidents – Drivers who don’t have accidents pay much less as compared to insureds who have frequent claims or accidents.
• Low Mileage Discounts – Low mileage vehicles may allow you to get lower car insurance rates on the low mileage vehicles.

A little note about advertised discounts, some of the credits will not apply to the entire cost. A few only apply to the cost of specific coverages such as collision or personal injury protection. So when it seems like you would end up receiving a 100% discount, it doesn’t quite work that way.

The example below shows the comparison of Audi A5 car insurance rates with and without discounts being applied to the rates. The premiums are based on a male driver, no claims or driving citations, Arizona state minimum liability limits, comprehensive and collision coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, homeowner, multi-car, claim-free, marriage, and multi-policy discounts applied.

Companies who may offer these discounts include:

• GEICO
• Travelers
• Farm Bureau
• Liberty Mutual
• American Family
• Progressive

When getting a coverage quote, ask each company or agent what discounts are available to you. Some credits might not be offered in Tucson. If you would like to choose from a list of car insurance companies who offer cheap Audi A5 insurance quotes in Tucson, follow this link.