2014 Audi Q5 Insurance Rates

Searching for cheaper auto insurance rates for your Audi Q5? Nobody I know looks forward to buying auto insurance, especially when they know the cost is too high.

You have multiple insurance companies to pick from, and although it’s nice to have a choice, lots of choices makes it harder to find the best rates.

You should take the time to get comparison quotes quite often since rates tend to go up over time. Even if you think you had the best rate on Q5 insurance at your last renewal there may be better deals available now. There is lot of inaccurate information about auto insurance on the web, but in just a couple of minutes you can learn some great ideas on how to stop overpaying for insurance.

The purpose of this post is to help you learn how to effectively get price quotes. If you currently have car insurance, you will be able to save some money using this strategy. But vehicle owners need to learn the methods companies use to sell online and apply this information to your search.

Low cost insurance coverage prices

To find cheaper prices, there are a couple of ways of comparing price quotes from local insurance coverage companies. The best way to compare 2014 Audi Q5 insurance prices involves getting comparison quotes online. This can be accomplished in several different ways.

1. Hands down the most simple method consumers can analyze rates would be an industry-wide quote request form click to view form in new window. This type of form eliminates the need for separate quotation requests to each individual insurance coverage company. Taking the time to complete one form gets rate comparisons instantly.
2. A more time consuming way to get quotes online requires visiting each individual company website and complete a new quote form. For instance, let’s assume you want rates from Allstate, Progressive and Geico. You would have to take the time to go to each site to enter your coverage information, which is why first method is reommended. For a list of companies in your area, click here.

You can use whichever method you prefer to find lower rates, just make sure you compare the exact same information for every company. If you use different limits and deductibles on each one it will be impossible to get a fair rate comparison. Just a small difference in coverages may result in large price differences. Just keep in mind that quoting more increases your odds of finding a lower rate.

Five factors that impact insurance costs

Part of the insurance buying process is learning the rating factors that help calculate your insurance rates. When you understand what influences your rates, this helps enable you to make changes that can earn you better insurance rates.

• Deter theft and pay less – Choosing a vehicle with a theft deterrent system can help bring down rates. Theft deterrent systems such as GM’s OnStar, tamper alarm systems and vehicle immobilizers can help prevent car theft and help bring rates down.
• Keep insurance rates low by being claim-free – If you’re an insured who likes to file claims you can definitely plan on either a policy non-renewal or much higher rates. Insurance companies generally give cheaper rates to policyholders who do not rely on their insurance for small claims. Insurance coverage is meant to be used in the event of claims that pose a financial burden.
• Know your vehicle’s crash test rating – Cars with high safety ratings tend to be cheaper to insure. Safer cars help reduce the chance of injuries in an accident and lower rates of occupant injuries means your insurance company pays less and thus lower rates.
• Younger drivers pay higher premiums – Drivers with little experience are known to be inattentive when driving with friends and because of this, their insurance rates are much higher. If you’ve ever had to add a first-time driver onto a policy can really hurt. Older insureds are shown to be more cautious, cause fewer claims and accidents .
• If you don’t need it don’t buy it – Insurance policies have a lot of extra coverages that you can buy on your Q5 policy. Things like coverage for rental cars, death and dismemberment, and Farm Bureau memberships may be wasting your money. These coverages may sound good when deciding what coverages you need, but now you might not need them so consider taking them off your policy.

Car Insurance Discounts

Companies that sell car insurance don’t always publicize every discount very well, so the following is a list of some of the more common and the more hidden ways to save on car insurance. If you check and find you aren’t receiving every discount available, you may be paying too high a price.

• First Accident Forgiveness – Not really a discount, but certain companies allow you one accident without raising rates if you are claim-free for a certain period of time.
• Seat Belt Usage – Drivers who always wear seat belts and also require passengers to buckle up can save up to 15% off the medical payments premium.
• Defensive Driver Discount – Completing a defensive driving course could save 5% or more and easily pay for the cost of the class.
• Pay Early and Save – If paying your policy premium upfront instead of making monthly payments you could save 5% or more.
• Early Signing – Some car insurance companies give discounts for buying a policy before your current expiration date. It’s a savings of about 10%.
• Include Life Insurance and Save – Larger insurance companies have a break if you buy a life insurance policy as well.
• E-sign Discounts
• New Vehicle Savings – Insuring a vehicle that is new is cheaper because newer vehicles keep occupants safer.
• Student Discounts – Excelling in school can save 20 to 25%. The discount lasts up until you turn 25.
• Safe Drivers – Drivers without accidents can save as much as half off their rates on Q5 insurance than their less cautious counterparts.

One last thing about discounts, most of the big mark downs will not be given to your bottom line cost. Some only apply to specific coverage prices like physical damage coverage or medical payments. So even though they make it sound like it’s possible to get free car insurance, you won’t be that lucky. But any discount should help reduce your overall premium however.

A list of car insurance companies and their possible discounts are shown below.

• Progressive policyholders can earn discounts including online quote discount, online signing, homeowner, continuous coverage, good student, multi-vehicle, and multi-policy.
• MetLife has discounts for multi-policy, accident-free, defensive driver, claim-free, and good student.
• Mercury Insurance discounts include annual mileage, good driver, professional/association, good student, and low natural disaster claims.
• Nationwide may have discounts that include anti-theft, easy pay, multi-policy, family plan, accident-free, and Farm Bureau membership.
• Geico may offer discounts for five-year accident-free, federal employee, multi-vehicle, seat belt use, and driver training.
• AAA offers premium reductions for AAA membership discount, good driver, good student, anti-theft, multi-car, and pay-in-full.

Before you buy a policy, ask every insurance company how many discounts you can get. Discounts may not apply everywhere. To view providers that offer discounts, click here.

Tailor your insurance coverage to you

When choosing the best insurance coverage, there really is not a perfect coverage plan. Everyone’s needs are different so your insurance should reflect that Here are some questions about coverages that could help you determine whether your personal situation would benefit from professional advice.

• Does my 2014 Audi Q5 need full coverage?
• How much liability insurance is required?
• Does car insurance cover theft of personal property?
• Do I have coverage for damage caused while driving under the influence?
• Do I need to file an SR-22 for a DUI in my state?
• Am I covered when driving on a suspended license?
• Is my camper covered by my car insurance policy?
• What if I owe more than I can insure my car for?
• How much underlying liability do I need for an umbrella policy?

If you can’t answer these questions, you might consider talking to a licensed agent. If you want to speak to an agent in your area, fill out this quick form or you can also visit this page to select a carrier

Information about specific coverages

Learning about specific coverages of your policy can help you determine appropriate coverage for your vehicles. The coverage terms in a policy can be difficult to understand and reading a policy is terribly boring. Listed below are the usual coverages offered by auto insurance companies.

Comprehensive coverages

Comprehensive insurance coverage covers damage caused by mother nature, theft, vandalism and other events. 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 a broken windshield, hitting a deer, fire damage, damage from a tornado or hurricane and a tree branch falling on your vehicle. The highest amount your auto insurance company will pay is the cash value of the vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Coverage for medical payments

Med pay and PIP coverage pay for bills such as dental work, ambulance fees, surgery, doctor visits and chiropractic care. They can be utilized in addition to your health insurance policy or if you do not have health coverage. They cover both the driver and occupants and also covers if you are hit as a while walking down the street. Personal injury protection coverage is not an option in every state but can be used in place of medical payments coverage

Collision insurance

Collision insurance pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You will need to pay your deductible then your collision coverage will kick in.

Collision coverage pays for claims like sustaining damage from a pot hole, crashing into a building, crashing into a ditch and hitting a mailbox. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are older. Another option is to bump up the deductible in order to get cheaper collision rates.

Uninsured and underinsured coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when other motorists either have no liability insurance or not enough. Covered losses include hospital bills for your injuries and also any damage incurred to your Audi Q5.

Since many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is a good idea. Most of the time these coverages are set the same as your liablity limits.

Liability auto insurance

Liability insurance can cover damage that occurs to people or other property. This insurance protects YOU against claims from other people. Liability doesn’t cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see liability limits of 50/100/50 which stand for $50,000 in coverage for each person’s injuries, a total of $100,000 of bodily injury coverage per accident, and $50,000 of coverage for damaged propery. Alternatively, you may have one number which is a combined single limit which limits claims to one amount without having the split limit caps.

Liability coverage protects against things such as repair costs for stationary objects, structural damage, pain and suffering and court costs. The amount of liability coverage you purchase is your choice, but you should buy as high a limit as you can afford.

Buy online or local, you save

We covered some good ideas how to compare 2014 Audi Q5 insurance rates online. It’s most important to understand that the more price quotes you have, the better chance you’ll have of finding low cost auto insurance. You may even find the most savings is with some of the lesser-known companies. These companies may only write in your state and offer lower car insurance rates than their larger competitors like Progressive or Geico.

As you go through the steps to switch your coverage, it’s very important that you do not buy less coverage just to save a little money. There are many occasions where consumers will sacrifice full coverage and discovered at claim time they didn’t have enough coverage. Your goal is to find the BEST coverage at the best cost while still protecting your assets.

Much more information about insurance coverage is available at these links:

• Information for Teen Drivers (Geico)
• How Does Hitting a Deer Impact Insurance Rates? (Allstate)
• Five Steps to Filing an Auto Insurance Claim (Insurance Information Insitute)
• Crash Avoidance Technologies FAQ (iihs.org)
• Air Bags: Potential Dangers to Your Children (Insurance Information Insitute)