2007 Audi RS 4 Insurance Cost – 8 Policy Discounts

There isn’t a single person who rejoices having to buy insurance coverage, in particular when the prices are way too high. With so many options, it’s difficult to find the lowest cost insurance coverage provider.

You need to shop coverage around quite often since insurance prices go up and down regularly. Even if you got the best rates on RS 4 coverage a few years ago there may be better deals available now. There is lot of inaccurate information about insurance coverage out there, but by reading this article, you’re going to learn a lot of great tips on how to put money back in your pocket.

How to compare insurance coverage quotes

There are a variety of methods to compare insurance coverage quotes, but one way is easier and takes less work. You could waste a few hours talking about coverages with local insurance agents in your area, or you could use online quoting to quickly compare rates.

Many companies take part in a program that enables customers to send in one quote, and every company then returns a price quote. This prevents consumers from doing quote requests for each company.

To submit your quote information now, click here to open in new window.

The only drawback to using this type of system is you cannot specify the providers you will receive quotes from. So if you want to choose individual companies to compare prices, we put together a list of insurance coverage companies in your area. Click here to view list.

Take whichever approach you prefer, but make sure you compare identical quote data for each quote you get. If you have mixed coverages it will be impossible to determine the best price for your Audi RS 4.

Get cheaper insurance coverage with discounts

Some insurers do not advertise every policy discount very clearly, so the list below gives a summary of both the well known and the more hidden credits that may apply to you.

• Discount for New Cars – Insuring a new car is cheaper since newer models are generally safer.
• Low Mileage Discounts – Low mileage vehicles could earn lower prices on the low mileage vehicles.
• Accident-Free Discounts – Drivers who don’t have accidents can save substantially when compared with drivers who are more careless.
• Paper-free Discount – A handful of insurance coverage companies will provide an incentive for completing your application on your computer.
• Policy Bundle Discount – If you have multiple policies with one company you will save at least 10% off all policies.
• Defensive Driver Discounts – Participating in a defensive driver class is a good idea and can lower rates if your company offers it.
• Homeowners Savings – Just owning your own home can help you save on insurance coverage since owning and maintaining a home is proof that your finances are in order.
• Telematics Data Discounts – Insureds that choose to allow their company to track driving patterns by installing a telematics device such as Drivewise from Allstate or Snapshot from Progressive could see a rate decrease if they exhibit good driving behavior.

You should keep in mind that most of the big mark downs will not be given to all coverage premiums. Some only reduce specific coverage prices like medical payments or collision. So even though they make it sound like you can get free auto insurance, it doesn’t quite work that way.

Companies who might offer some of the discounts shown above are:

• State Farm
• Farmers Insurance
• Geico
• American Family
• Nationwide
• Progressive

Before buying, ask every insurance company how you can save money. Some discounts listed above might not be available to policyholders in your area. To see a list of insurers who offer online insurance coverage quotes, click here to view.

Tailor your car insurance coverage to you

When choosing coverage, there really is not a single plan that fits everyone. Everyone’s situation is a little different so this has to be addressed. For instance, these questions may help highlight if you might need professional guidance.

• Am I covered when driving on a suspended license?
• What is no-fault insurance?
• Does my 2007 Audi RS 4 qualify for pleasure use?
• Should I buy only the required minimum liability coverage?
• Exactly who is provided coverage by my policy?
• Are my friends covered when driving my 2007 Audi RS 4?
• Am I missing any policy discounts?
• Does my personal policy cover me when driving out-of-state?
• Why am I required to buy liability insurance?
• Can I afford to pay high deductible claims out of pocket?

If you’re not sure about those questions but you know they apply to you, you might consider talking to an agent. If you want to speak to an agent in your area, fill out this quick form or click here for a list of car insurance companies in your area. It is quick, free and can provide invaluable advice.

Don’t listen to company ads

Consumers constantly see and hear ads for auto insurance savings by companies like Allstate and Progressive. They all say the same thing that you’ll save big just by moving your coverage to them.

How do they all say the same thing? It’s all in the numbers.

Different companies quote their best rates for the driver that will not have excessive claims. An example of a profitable insured might be described as a married male, has no claims, and drives newer vehicles. A customer who matches those parameters will probably get the lowest rates and will most likely save money with a new company.

People who are not a match for those criteria will be quoted higher rates which usually ends up with the customer not buying. If you listen to the ad wording, they say “people who switch” not “everybody who quotes” save that kind of money. That’s the way companies can state the savings. Each company has different criteria, so it’s extremely important to get as many free insurance quotes as possible. It is impossible to guess which insurance companies will be your best fit.

Insurance policy specifics

Understanding the coverages of a insurance policy can help you determine appropriate coverage and the correct deductibles and limits. Policy terminology can be confusing and reading a policy is terribly boring. These are the normal coverages offered by insurance companies.

Auto liability – Liability insurance provides protection from damage or injury you incur to a person or their property in an accident. This insurance protects YOU against other people’s claims, and does not provide coverage for your own vehicle damage or injuries.

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 liability limits of 100/300/100 which means $100,000 in coverage for each person’s injuries, $300,000 for the entire accident, and $100,000 of coverage for damaged propery.

Liability coverage pays for claims such as funeral expenses, attorney fees, legal defense fees, medical services and pain and suffering. How much liability coverage do you need? That is your choice, but you should buy as large an amount as possible.

Collision – This covers damage to your RS 4 from colliding with a stationary object or other vehicle. You will need to pay your deductible then your collision coverage will kick in.

Collision can pay for things such as rolling your car, hitting a mailbox, crashing into a building, damaging your car on a curb and sideswiping another vehicle. This coverage can be expensive, so consider removing coverage from older vehicles. Another option is to raise the deductible to bring the cost down.

Med pay and Personal Injury Protection (PIP) – Coverage for medical payments and/or PIP pay for expenses such as X-ray expenses, surgery and dental work. They are often used in conjunction with a health insurance plan or if you are not covered by health insurance. Medical payments and PIP cover you and your occupants in addition to being hit by a car walking across the street. Personal Injury Protection is not an option in every state and may carry a deductible

Uninsured/Underinsured Motorist (UM/UIM) – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when other motorists either have no liability insurance or not enough. Covered claims include injuries sustained by your vehicle’s occupants and damage to your Audi RS 4.

Since a lot of drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is a good idea.

Comprehensive insurance – Comprehensive insurance pays for damage that is not covered by collision coverage. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against claims like a broken windshield, fire damage, damage from flooding, a tree branch falling on your vehicle and damage from getting keyed. The highest amount a insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle’s value is low consider dropping full coverage.

More comparisons equals lower rates

When trying to cut insurance costs, you should never reduce coverage to reduce premium. There are a lot of situations where consumers will sacrifice physical damage coverage only to find out that it was a big error on their part. Your strategy should be to buy the best coverage you can find at an affordable rate, not the least amount of coverage.

Affordable 2007 Audi RS 4 insurance is available on the web in addition to local insurance agencies, and you need to price shop both in order to have the best chance of saving money. Some companies may not provide online quoting and usually these small, regional companies only sell coverage through independent insurance agents.

More detailed insurance coverage information can be read at these sites:

• Five Mistakes to Avoid (Insurance Information Insitute)
• Think You’re a Safe Driver? (State Farm)
• Booster Seat Ratings (iihs.org)
• What is Full Coverage? (Allstate)
• How Much Auto Coverage do I Need? (Insurance Information Insitute)