How to Save on Audi TT Insurance in Virginia Beach

Anyone knows that car insurance companies don’t want you shop around. People who compare rates at least once a year will, in all likelihood, buy a different policy because there is a good probability of finding a lower-cost company. Surprisingly, a recent survey revealed that consumers who shopped around saved approximately $3,500 over four years compared to those who don’t regularly compare prices.

If saving money on insurance is your ultimate target, then knowing the best ways to shop for insurance premiums can make it easier to shop your coverage around.

If your goal is the lowest price, then the best way to get the cheapest Audi TT insurance in Virginia Beach is to start doing an annual price comparison from providers in Virginia.

1. Gain an understanding of policy coverages and the things you can control to keep rates low. Many things that drive up the price such as traffic violations and a not-so-good credit rating can be amended by making minor changes to your lifestyle. Continue reading for ideas to find cheap prices and find more discounts that you may not know about.
2. Quote rates from independent agents, exclusive agents, and direct companies. Exclusive agents and direct companies can only give rate quotes from a single company like Progressive or Farmers Insurance, while independent agencies can give you price quotes from multiple companies. View prices
3. Compare the quotes to your existing rates and see if you can save money. If you find a lower rate and switch companies, make sure coverage is continuous and does not lapse.

The key thing to remember is that you use the same coverage limits and deductibles on every quote and and to compare all possible companies. Doing this helps ensure a fair rate comparison and many rates to choose from.

This information will teach you a little about the best ways to compare prices and some money-saving tips. If you have insurance now, you should be able to find better prices using the techniques presented in this article. Although Virginia consumers need to learn how companies price online insurance because rates are impacted by many factors.

Verify you’re getting every discount

Companies do not list every policy discount very well, so the following list contains some of the more common as well as some of the hidden credits available to bring down your rates. If you’re not getting every credit you deserve, you are just wasting money.

• Accident Free – Virginia Beach drivers who stay claim-free are rewarded with significantly better rates on Virginia Beach auto insurance quote compared to insureds who have frequent claims or accidents.
• Defensive Driver Discounts – Taking a driver safety class is a good idea and can lower rates if you qualify.
• Pay Now and Pay Less – By paying your policy upfront instead of making monthly payments you can avoid monthly service charges.
• Organization Discounts – Having an affiliation with certain professional organizations is a simple method to lower premiums on your next insurance statement.
• Bundle and Save – When you have multiple policies with one company you could get a discount of up to 20% off your total TT insurance premium.
• Telematics Data Discounts – Insureds that choose to allow driving data submission to monitor where and when they drive through the use of a telematics system such as Snapshot from Progressive or Drivewise from Allstate could possibly reduce rates if their driving habits are good.
• Discount for Life Insurance – Insurance carriers who offer life insurance give lower insurance rates if you buy life insurance.

Don’t be shocked that some of the credits will not apply to the whole policy. Some only reduce the price of certain insurance coverages like comp or med pay. So even though you would think adding up those discounts means a free policy, company stockholders wouldn’t be very happy. But any discount will cut your policy cost.

The example below illustrates the difference between Audi TT car insurance rates with and without discounts applied to the premium. The rate quotes are based on a male driver, no violations or claims, Virginia state minimum liability limits, full physical damage coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, claim-free, marriage, homeowner, safe-driver, and multi-car discounts applied.

A partial list of companies that may include these discounts may include but are not limited to:

• State Farm
• GEICO
• Liberty Mutual
• The Hartford
• MetLife
• Progressive

When getting a coverage quote, ask every prospective company how many discounts you can get. Some credits may not be available in your state. If you would like to see a list of insurance companies with discount rates in Virginia Beach, follow this link.

To find cheap prices, there are a couple of ways to compare quotes from different companies. The fastest way to find competitive Audi TT insurance rates is to jump online and get quotes.

Doing online price quotes comparisons is so easy that it makes it obsolete to waste gas driving to insurance agents’ offices. Comparing Audi TT insurance rate quotes online eliminates the middleman unless your situation requires the extra assistance that only a licensed agent can provide. Although you can find lower rates online but still have the advice of a local agent.

Keep in mind that comparing more quotes helps improve the odds of finding the best offered rates. Some insurance companies are not set up to provide online price quotes, so it’s recommended that you also compare price estimates from the smaller companies as well.

The following companies are our best choices to provide price quotes in Virginia Beach, VA. To locate the best cheap auto insurance in Virginia, we recommend you visit as many as you can to get the best price comparison.

Rate information and statistics

The premium table shown next covers detailed analysis of insurance premium costs for Audi TT models. Being able to understand how prices are calculated can help you make smart choices when buying a policy.

Cost estimates assume single female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Virginia minimum liability limits. Discounts applied include safe-driver, claim-free, multi-vehicle, multi-policy, and homeowner. Price estimates do not factor in specific location information which can modify price quotes greatly.

Deductible analysis

The hardest decision when buying coverage is which deductible level should you buy. The rates below determine the differences in premium rates between low and high deductibles. The first set of prices uses a $250 deductible for physical damage and the second price table uses a $500 deductible.

Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Virginia minimum liability limits. Discounts applied include claim-free, safe-driver, homeowner, multi-vehicle, and multi-policy. Table data does not factor in specific location which can revise premiums noticeably.

Based on the above data, using a $250 deductible costs about $14 more each month or $168 a year than requesting 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 tend to go at a minimum 18 months between claim filings, you would save money going with the higher deductible.

An important sidenote is that raising deductibles to save money results in a higher out-of-pocket expense when you have a comprehensive or collision claim. That will force you to have some savings in the event you have to pay the higher deductible in order to repair your vehicle.

Eight Things That Impact Your Insurance Costs

Multiple criteria are used when you get your auto insurance bill. Most are fairly basic such as traffic violations, but others are not as apparent like where you live or your commute time. A large part of saving on auto insurance is knowing the factors that are used to determine your auto insurance rates. When you understand what positively or negatively impacts your premiums, this enables you to make decisions that can help you get big savings.

• Expect high rates for teens – Teen drivers in Virginia have been known to be careless and easily distracted when driving with friends so they pay higher auto insurance rates. Adding a young driver onto a policy can really hurt. Older insureds are shown to be more cautious, file fewer claims, and are generally more financially stable.

  The following data uses these variables: single driver, full coverage with $100 deductibles, and no discounts or violations.

• Cautious drivers pay less – Having a single speeding ticket can increase rates by as much as twenty percent. Drivers who don’t get tickets tend to pay less for car insurance as compared to those with violations. Drivers with careless violations such as reckless driving, hit and run or driving under the influence may need to complete a SR-22 to the state department of motor vehicles in order to legally drive.

  The diagram below highlights how traffic violations and at-fault claims increase Audi TT insurance rates for different categories of driver ages. The premiums assume a single female driver, full physical damage coverage, $100 deductibles, and no policy discounts are applied.

• If you don’t need it don’t buy it – There are many optional add-on coverages that sound like a good idea at the time but may not be useful. Add-on coverages like rental car reimbursement, towing, and motor club memberships may be wasting your money. These may sound like a good investment at first, but if you’ve never needed them in the past get rid of them and save.
• You might want pay the inexpensive auto insurance claims yourself – If you tend to file frequent claims, you can definitely plan on either a policy non-renewal or much higher rates. Companies in Virginia provide better rates to drivers who do not file claims often. Auto insurance is intended for larger claims.
• Safer vehicles cost less to insure – Vehicles that have high safety ratings tend to have lower insurance rates. Vehicles engineered for safety result in less severe injuries and any reduction in injury severity means less money paid by your insurance company and more competitive rates for policyholders.

• The type of car makes a difference – The make and model of the car you are insuring makes a huge difference in your car insurance bill. Lower performance four cylinder passenger cars usually have the lowest rates, but the cost you end up paying is determined by many additional factors.

  The following data assumes a single male driver age 20, full coverage with $250 deductibles, and no discounts or violations. It compares Audi TT car insurance rates compared to other makes and models that have different performance risks.

• Lower deductibles cost more – Insurance for physical damage, commonly called comprehensive (or other-than-collision) and collision coverage, is used to repair damage to your Audi. Some examples of claims that would be covered could be a windshield shattered by a rock, collision with an animal, and rolling your vehicle. The deductibles tell how much you are willing to pay if you file a covered claim. The higher the amount you have to pay, the less your company will charge you for insurance.
• High credit rating translates to low prices – A driver’s credit score can be a huge factor in determining your rates. So if your credit rating is not that good, you may save money insuring your Audi TT by repairing your credit. Drivers who have high credit ratings tend to file fewer claims than drivers who have lower credit ratings.

• Audi TT insurance loss data – Insurance companies use statistical claims data when they set coverage costs for each model. Vehicles that historically have higher loss trends will have higher rates for specific coverages.

  The next table illustrates the insurance loss data for Audi TT vehicles. For each insurance policy coverage type, the claim amount for all vehicles, regardless of make, model or trim level, is represented as 100. Values that are under 100 represent a good loss history, while values that are above 100 point to more losses or an increased probability of a larger loss.

  
  

  Audi TT Insurance Claim Statistics

  Make and Model	Collision	Property Damage	Comp	Personal Injury	Medical Payment	Bodily Injury
  Audi TT 2dr 4WD	168		111
  Audi TTS 2dr 4WD	141

  BETTER

  AVERAGE

  WORSE

  Empty fields indicate not enough data collected
  Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

When should I contact an insurance agency?

A small number of people would prefer to have an agent’s advice and doing that can be a smart decision The biggest benefit of getting free rate quotes online is that you can find the lowest rates and also buy local. And supporting neighborhood agents is important especially in Virginia Beach.

To help locate an agent, after submitting this short form, your information is submitted to participating agents in Virginia Beach that provide free Virginia Beach auto insurance quotes for your business. There is no need to drive around because quoted prices will be sent to you instantly. You can find better rates and a licensed agent to talk to. In the event you want to compare rates for a specific company, you just need to visit that company’s website and fill out their quote form.

Choose the right auto insurance agent

When narrowing the list to find a reliable agent, you must know there are a couple different types of agencies and how they function. Insurance agencies in Virginia Beach can be classified as either exclusive or independent.

Independent Agents

These agents are not limited to a single company so they can write business with multiple insurance companies and find the cheapest auto insurance rates. If prices rise, they can switch companies in-house without you having to go to a different agency.

When shopping rates, we recommend you get rate quotes from multiple independent agents for maximum quote selection.

Listed below is a list of independent insurance agencies in Virginia Beach that can give you competitive price quotes.

View more agents

Exclusive Insurance Agents

These agents write business for a single company like State Farm, Allstate, and Farm Bureau. Exclusive agents cannot compare rates from other companies so they really need to provide good service. They are usually quite knowledgeable on sales techniques which aids in selling service over price.

Listed below are exclusive insurance agents in Virginia Beach that can give you price quotes.

View more agents

Deciding on an insurance agent should include more criteria than just a cheap quote. Any agent in Virginia Beach should be forthright in answering these questions:

• Does the agency provide any after hours assistance?
• How many companies do they write for?
• How are they compensated?
• Where would glass claims be handled in Virginia Beach?
• Are there any discounts for paying up front?

Insurance protects more than just your car

Even though it can be expensive, insurance serves a purpose in several ways.

• Just about all states have compulsory liability insurance requirements which means you are required to carry a specific level of liability coverage if you want to drive legally. In Virginia these limits are 25/50/20 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $20,000 of property damage coverage.
• If you bought your TT with a loan, almost every bank will make it mandatory that you buy insurance to ensure loan repayment if the vehicle is totaled. If you cancel or allow the policy to lapse, the lender may insure your Audi at a much higher premium rate and force you to pay much more than you were paying before.
• Insurance safeguards both your assets and your Audi. It also can pay for most medical and hospital costs for you, any passengers, and anyone injured in an accident. One policy coverage, liability insurance, also covers all legal expenses up to the policy limit in the event you are sued. If damage is caused by hail or an accident, collision and comprehensive (also known as other-than-collision) coverage will pay all costs to repair after the deductible has been paid.

The benefits of insuring your car are definitely more than the cost, especially if you ever need it. Despite what companies tell you, the average driver is wasting up to $830 a year so you should quote and compare rates once a year at a minimum to make sure the price is not too high.

Keep this in mind when shopping around

When searching for cheaper Virginia Beach auto insurance quotes, you should never sacrifice coverage to reduce premiums. There have been many cases where an accident victim reduced comprehensive coverage or liability limits and found out when filing a claim that a couple dollars of savings turned into a financial nightmare. Your strategy should be to get the best coverage possible at a price you can afford.

We covered many ideas to reduce Audi TT insurance premium rates online in Virginia Beach. The most important thing to understand is the more quotes you get, the higher your chance of finding the cheapest Audi TT rate quotes. You may even be surprised to find that the lowest premium rates are with the smaller companies. They can often insure niche markets at a lower cost compared to the large companies like Allstate, GEICO and Progressive.

For more information, link through to these articles:

• Five Steps to Filing an Auto Insurance Claim (Insurance Information Institute)
• How Much are Car Insurance Quotes for Postal Workers in Virginia Beach? (FAQ)
• Who Has Affordable Auto Insurance Quotes for Police Officers in Virginia Beach? (FAQ)
• Who Has the Cheapest Virginia Beach Auto Insurance for Drivers Over Age 70? (FAQ)
• Who Has Affordable Auto Insurance Quotes for a Jeep Grand Cherokee in Virginia Beach? (FAQ)
• Who Has Cheap Virginia Beach Car Insurance for High School Students? (FAQ)
• Side Impact Crash Tests (iihs.org)
• What if I Can’t Find Coverage? (Insurance Information Institute)
• How to Avoid Staged Accidents (State Farm)
• Keeping Children Safe in Crashes Video (iihs.org)