How to Compare San Jose Audi S5 Insurance

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It's an obvious conclusion that auto insurance companies want to keep you from shopping around. Drivers who get price quotes annually will presumably buy a new policy because there is a good probability of finding more affordable rates. A study showed that people who made a habit of comparing rate quotes saved an average of $850 each year compared to policyholders who didn't regularly shop around.

If finding the best price on Audi S5 insurance is the reason you're here, then learning about how to quote and compare insurance premiums can make shopping around easier.

Discount Audi S5 insuranceIf you want to save money, the best way to save money on Audi S5 insurance in San Jose is to compare quotes annually from insurance carriers who sell insurance in California.

Step 1: Try to understand how your policy works and the factors you can control to lower rates. Many things that result in higher rates like traffic violations, accidents, and an unacceptable credit rating can be rectified by making minor changes to your lifestyle.

Step 2: Request rate estimates from independent agents, exclusive agents, and direct companies. Direct companies and exclusive agencies can only give prices from a single company like Progressive or Farmers Insurance, while independent agencies can quote rates for a wide range of insurance providers. View a list of agents

Step 3: Compare the new rate quotes to your existing coverage and see if you can save money. If you can save money and make a switch, make sure coverage does not lapse between policies.

Step 4: Tell your current agent or company of your intention to cancel the current policy and submit any necessary down payment along with the completed application to the new company. As soon as you have the new policy, keep your new proof of insurance certificate in a readily accessible location in your vehicle.

One bit of advice is to use identical coverages on every quote and and to get prices from as many companies as you can. This enables a level playing field and a complete price analysis.

If you currently have a car insurance policy, you will surely be able to save money using these tips. Locating the best rates in San Jose can be made easier if you know where to look. But California vehicle owners must learn how companies calculate their prices and apply this information to your search.

Car insurance data for an Audi S5

The price information shown below highlights estimates of coverage prices for Audi S5 models. Having insight into how car insurance premiums are figured can assist in making informed decisions when shopping around for a new policy.

Audi S5 Insurance Rates in San Jose, CA
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
S5 4.2 Quattro 2-Dr Coupe $516 $1352 $534 $32 $160 $2,594 $216
S5 4.2 Quattro 2-Dr Coupe $516 $1352 $534 $32 $160 $2,594 $216
S5 3.0 Quattro 2-Dr Convertible $516 $1212 $534 $32 $160 $2,454 $205
S5 4.2 Quattro 2-Dr Coupe $516 $1494 $534 $32 $160 $2,736 $228
S5 4.2 Quattro 2-Dr Coupe $516 $1494 $534 $32 $160 $2,736 $228
S5 3.0 Quattro 2-Dr Convertible $564 $1352 $534 $32 $160 $2,642 $220
Get Your Own Custom Quote Go

Data variables include single male driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and California minimum liability limits. Discounts applied include claim-free, multi-vehicle, homeowner, multi-policy, and safe-driver. Prices do not factor in the specific area where the vehicle is garaged which can impact auto insurance rates significantly.

Deductible comparison

One of the most common car insurance questions is how high should your deductibles be. The comparisons below determine the rate difference when you choose different coverage deductibles. The first rate estimation uses a $250 physical damage deductible and the second rate table uses a $500 deductible.

Audi S5 insurance premium estimates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
S5 4.2 Quattro 2-Dr Coupe $474 $986 $442 $26 $132 $2,085 $174
S5 4.2 Quattro 2-Dr Coupe $474 $986 $442 $26 $132 $2,085 $174
S5 3.0 Quattro 2-Dr Convertible $474 $882 $442 $26 $132 $1,981 $165
S5 4.2 Quattro 2-Dr Coupe $474 $1088 $442 $26 $132 $2,187 $182
S5 4.2 Quattro 2-Dr Coupe $474 $1088 $442 $26 $132 $2,187 $182
S5 3.0 Quattro 2-Dr Convertible $518 $986 $442 $26 $132 $2,129 $177
Get Your Own Custom Quote Go
Audi S5 insurance premium estimates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
S5 4.2 Quattro 2-Dr Coupe $384 $794 $442 $26 $132 $1,778 $148
S5 4.2 Quattro 2-Dr Coupe $384 $794 $442 $26 $132 $1,778 $148
S5 3.0 Quattro 2-Dr Convertible $384 $712 $442 $26 $132 $1,696 $141
S5 4.2 Quattro 2-Dr Coupe $384 $878 $442 $26 $132 $1,862 $155
S5 4.2 Quattro 2-Dr Coupe $384 $878 $442 $26 $132 $1,862 $155
S5 3.0 Quattro 2-Dr Convertible $420 $794 $442 $26 $132 $1,814 $151
Get Your Own Custom Quote Go

Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include claim-free, homeowner, safe-driver, multi-vehicle, and multi-policy. Rate information does not factor in vehicle location which can decrease or increase coverage prices noticeably.

Using the premium rates above, we can conclude that using a $250 deductible will cost you about $26 more each month or $312 each year across all Audi S5 models than selecting the higher $500 deductible. Because you would pay $250 more if you turn in a claim with a $500 deductible as compared to a $250 deductible, if you normally go more than 10 months between claims, you would come out ahead if you choose the higher deductible.

How to determine if raising deductibles makes sense

Average monthly premium for $250 deductibles: $176
Average monthly premium for $500 deductibles (subtract): - $150
Monthly savings from raising deductible: $26
Difference between deductibles ($500 - $250): $250
Divide difference by monthly savings: $250 / $26
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 10 months

An important thing to remember is that increasing deductibles to save money means you will have to pay more out-of-pocket when you do file a claim. You should have some funds available in the event you have to pay more for the deductible.

Why You Might Pay Higher Rates in San Jose

When buying insurance it's important to understand the factors that go into determining your insurance rates. If you have a feel for what determines premiums, this enables you to make decisions that will entitle you to lower premium levels. Lots of things are part of the equation when you get a price on insurance. A few of the factors are predictable like a motor vehicle report, but other criteria are more transparent such as whether you are married or how safe your car is.

Decrease insurance rates by maintaining coverage - Allowing your coverage to lapse is a sure-fire way to drive up your policy premiums. In addition to paying higher premiums, being ticketed for driving with no insurance could result in a steep fine or even jail time.

Policy add-ons may not be needed - There are a lot of extra bells and whistles that can add up but may not be useful. Coverages for personal injury protection, better glass coverage, and motor club memberships could be just wasting money. They may seem like a good idea when deciding what coverages you need, but your money might be better spent on other coverage so remove them and pocket the money.

Guys tend to take more risk - Statistics demonstrate that females take fewer risks when driving. Now that doesn't mean women are BETTER drivers than men. Women and men get in accidents in similar numbers, but males tend to have higher claims. They also get cited for more serious violations like DUI and reckless driving.

The diagram below compares Audi S5 auto insurance rates for male and female drivers. The price estimates are based on no driving violations, no at-fault accidents, comprehensive and collision coverage, $100 deductibles, drivers are single, and no policy discounts are applied.

Safety first - Cars with five star safety ratings are cheaper to insure. Safer cars reduce occupant injuries and lower injury rates translates into savings for insurance companies passed on to you as lower rates.

How's your driving record? - Having just one citation may increase your cost by twenty percent. Attentive drivers receive lower rates than bad drivers. Drivers unfortunate enough to have license-revoking tickets like hit and run, DWI or reckless driving convictions are required to submit a SR-22 or proof of financial responsibility with their state motor vehicle department in order to prevent their license from being revoked.

The diagram below highlights how traffic violations and accidents raise Audi S5 insurance prices for each different age group. The prices are based on a married female driver, comp and collision included, $250 deductibles, and no discounts are factored in.

High credit equals lower prices - Having a bad credit history can be a huge factor in determining your rates. If your credit score leaves room for improvement, you may save money insuring your Audi S5 by repairing your credit. People that have very high credit ratings tend to be better risks to insure than drivers with worse credit.

Premiums drop with age - Older drivers are shown to be more cautious, file fewer claims, and are safer drivers. Teen drivers are known to be careless and easily distracted when driving and because of this, their insurance rates are much higher.

The next chart assumes a single driver, full coverage with $500 deductibles, and no discounts or violations.

Get better rates after the wedding - Walking down the aisle can get you a discount on your policy. Marriage usually means you are more financially stable and statistics prove drivers who are married are more cautious.

Insurance loss data for an Audi S5 - Insurance companies take into consideration historical loss data for every vehicle as a tool for profitable underwriting. Vehicles that the data determines to have increased claim numbers or amounts will be charged more to insure.

The information below illustrates the insurance loss data used by companies for Audi S5 vehicles. For each policy coverage, the loss probability for all vehicles compiled together is considered to be 100. Values under 100 suggest losses that are better than average, while percentages above 100 point to more losses or a tendency for losses to be larger than average.

Auto Insurance Loss Data for Audi S5 Models
Vehicle Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Audi S5 2dr 4WD 197 85 161 68
Audi S5 Convertible 4WD 162 62 124
BETTER
AVERAGE
WORSE

Empty fields indicate not enough data collected
Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years

More comparisons equals cheap rates

Budget-friendly insurance in San Jose is definitely available online and also from your neighborhood San Jose agents, so you should be comparing quotes from both to have the best selection. Some insurance companies do not offer rates over the internet and most of the time these regional insurance providers prefer to sell through independent agents.

You just read many tips how you can shop for Audi S5 insurance online. The most important thing to understand is the more providers you compare, the better likelihood of getting low cost San Jose car insurance quotes. You may even be surprised to find that the best price on insurance is with an unexpected company. Smaller companies often have lower car insurance rates on specific markets than their larger competitors like Allstate, GEICO and Progressive.

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