2008 Audi S5 Car Insurance Quotes – 9 Tips for Cheapest Rates

Buyers have lots of choices when searching for affordable Audi S5 insurance. They can either waste time contacting agents trying to get quotes or save time using the internet to get rate quotes.

There is a right way and a wrong way to compare insurance rates so we’re going to tell you the quickest way to get price quotes for a Audi and locate the best price possible.

Are you getting every discount?

Companies offering auto insurance don’t always publicize all available discounts in a way that’s easy to find, so the list below gives a summary of a few of the more common in addition to some of the lesser obvious insurance savings.

• Driver Safety – Taking part in a defensive driver course could earn you a small percentage discount depending on where you live.
• Multiple Vehicles – Buying insurance for all your vehicles with the same company can get a discount on all vehicles.
• Early Signing – A few insurance companies give discounts for buying a policy early. It’s a savings of about 10%.
• Telematics Discount – Drivers who elect to allow driving data collection to study when and where they use their vehicle through the use of a telematics system such as Snapshot from Progressive or Drivewise from Allstate might see lower rates if they have good driving habits.
• Responsible Driver Discounts – Insureds without accidents can save as much as half off their rates for S5 coverage than their less cautious counterparts.
• Homeowners Savings – Being a homeowner can get you a discount because it demonstrates responsibility.
• Include Life Insurance and Save – Insurance companies who offer life insurance give lower insurancerates if you buy life insurance.
• Organization Discounts – Belonging to certain professional organizations may earn a discount on your next insurance statement.
• Claim Free – Insureds who avoid accidents and claims are rewarded with significantly better rates on insurance coverage quote when compared to accident-prone drivers.

As a disclaimer on discounts, most discount credits are not given to the entire policy premium. Some only apply to the cost of specific coverages such as comprehensive or collision. If you do the math and it seems like adding up those discounts means a free policy, you’re out of luck.

To locate insurance companies who offer discounts, follow this link.

Free car insurance rate quotes

Getting a cheaper price on 2008 Audi S5 insurance can be quick and easy. The only thing you need to do is spend a few minutes on the computer getting comparison quotes to see which company has the cheapest insurance coverage quotes. It is quite easy and can be accomplished by following the guidelines below.

1. If you are pressed for time, the simplest way consumers can make multiple comparisons is to use a rate comparison form like this one (opens in new window). This easy form eliminates the need for repetitive form entry for each price estimate. Just one form gets insurance cost estimates instantly. Just one form and you’re done.
2. A more time consuming way to get quotes online consists of going to each company’s website to request a price quote. For examples sake, we’ll pretend you are doing a rate comparison from Progressive, Esurance and American Family. In order to get each rate, you would have to navigate to each company’s site to enter your coverage information, which is why most consumers use the first method. To view a list of companies in your area, click here.

It doesn’t matter which method you choose, just make sure you use apples-to-apples deductibles and coverage limits for each quote you get. If your comparisons have different data it’s impossible to determine the lowest rate for your Audi S5.

When in doubt talk to an agent

When it comes to buying adequate coverage for your vehicles, there isn’t really a single plan that fits everyone. Every situation is different.

These are some specific questions may help you determine if your insurance needs will benefit from professional help.

• Where can I find DUI or SR-22 insurance?
• I don’t drive much so do I pay less?
• What if I total my 2008 Audi S5 and owe more than it’s worth?
• What can I do if my company won’t pay a claim?
• Do I have coverage when using my vehicle for my home business?
• Does my medical payments coverage pay my health insurance deductible?
• Is rental equipment covered for theft or damage?

If it’s difficult to answer those questions but one or more may apply to you, you may need to chat with a licensed insurance agent. If you want to speak to an agent in your area, fill out this quick form. It only takes a few minutes and may give you better protection.

Car insurance coverages for a 2008 Audi S5

Having a good grasp of your insurance policy can help you determine the right coverages for your vehicles. The terms used in a policy can be ambiguous and nobody wants to actually read their policy.

Liability coverage

This coverage provides protection from injuries or damage you cause to a person or their property that is your fault. This insurance protects YOU against claims from other people, and does not provide coverage for damage to your own property or vehicle.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show limits of 25/50/25 which stand for $25,000 bodily injury coverage, $50,000 for the entire accident, and a total limit of $25,000 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 insurance covers things like medical expenses, structural damage, legal defense fees and emergency aid. How much liability coverage do you need? That is your choice, but buy as high a limit as you can afford.

Collision coverage protection

Collision insurance pays for damage to your S5 resulting from colliding with an object or car. You first must pay a deductible then your collision coverage will kick in.

Collision coverage protects against claims like backing into a parked car, scraping a guard rail and hitting a parking meter. This coverage can be expensive, so you might think about dropping it from lower value vehicles. Drivers also have the option to increase the deductible in order to get cheaper collision rates.

Comprehensive coverage (or Other than Collision)

Comprehensive insurance coverage covers 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 protects against claims such as damage from a tornado or hurricane, theft, a broken windshield, a tree branch falling on your vehicle and damage from getting keyed. The maximum amount your insurance company will pay is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Insurance for medical payments

Medical payments and Personal Injury Protection insurance pay for bills such as pain medications, surgery and dental work. The coverages can be utilized in addition to your health insurance policy or if you lack health insurance entirely. It covers all vehicle occupants and will also cover if you are hit as a while walking down the street. Personal injury protection coverage is not universally available and gives slightly broader coverage than med pay

Uninsured Motorist or Underinsured Motorist insurance

This coverage protects you and your vehicle’s occupants when the “other guys” either are underinsured or have no liability coverage at all. Covered losses include injuries to you and your family as well as damage to your Audi S5.

Since a lot of drivers only carry the minimum required liability limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Most of the time the UM/UIM limits are identical to your policy’s liability coverage.

Save your cold hard cash

When getting insurance coverage quotes online, don’t be tempted to sacrifice coverage to reduce premiums. There have been many cases where an insured dropped comprehensive coverage or liability limits only to regret that it was a big mistake. The goal is to buy a smart amount of coverage at a price you can afford, but do not skimp to save money.

Throughout this article, we presented some good ideas how to lower your 2008 Audi S5 insurance rates. The most important thing to understand is the more rate comparisons you have, the higher your chance of finding affordable insurance coverage. You may even find the most savings is with the smaller companies.

Consumers change insurance companies for a number of reasons such as high rates after DUI convictions, being labeled a high risk driver, not issuing a premium refund or unfair underwriting practices. Whatever your reason, switching insurance companies is less work than it seems.

More detailed insurance information can be found in these articles:

• Information for Teen Drivers (Geico)
• Vehicle Size and Weight FAQ (iihs.org)
• Understanding Rental Car Insurance (Insurance Information Insitute)
• Understanding your Policy (NAIC.org)
• What does Personal Injury Protection (PIP) Cover? (Allstate)
• Distracted Driving Extends Beyond Texting (State Farm)