Do you get exhausted from wondering where the money will come from to buy car insurance? You’re in the same situation as many other Virginia drivers.
Amazingly, a recent NerdWallet.com study showed that a large majority of car insurance policyholders have purchased from the same company for a minimum of four years, and almost 40% of drivers have never even shopped around for lower-cost coverage. Virginia Beach insurance shoppers could save an average of $500 each year by just comparing quotes, but they just don’t understand how easy it is to save money by comparing rate quotes.
Steps to finding discount Audi S5 insurance in Virginia Beach
If you want to save money, the best way to get affordable Audi S5 insurance is to start comparing rates regularly from insurers who provide car insurance in Virginia Beach. You can shop around by completing these steps.
- First, it will benefit you to learn about how companies set rates and the measures you can control to prevent rate increases. Many risk factors that cause rate increases such as careless driving and a less-than-favorable credit score can be controlled by making minor changes to your lifestyle.
- Second, compare prices from independent agents, exclusive agents, and direct companies. Exclusive agents and direct companies can give quotes from a single company like GEICO or Allstate, while agents who are independent can provide prices from multiple insurance companies. View rates
- Third, compare the quotes to the premium of your current policy to see if cheaper S5 coverage is available in Virginia Beach. If you can save money and buy the policy, make sure there is no coverage gap between policies.
The key thing to know about shopping around is to try to compare the same coverage limits and deductibles on every quote request and and to get price quotes from as many companies as you can. Doing this ensures an accurate price comparison and the best price selection.
Lots of insurance companies contend to insure your vehicles, and it can be difficult to compare rates and get the definite lowest cost out there.
It’s smart to take a look at other company’s rates once or twice a year because rates are variable and change quite frequently. Even if you got the lowest rate on Audi S5 insurance in Virginia Beach last year the chances are good that you can find a lower price today. You’ll find a ton of advice on S5 insurance on the web, but you can learn the easiest ways to lower your car insurance rates in Virginia Beach.
If you are already insured or are just looking to switch companies, you can learn to find better prices and possibly find even better coverage. Buying the cheapest car insurance in Virginia Beach is quite easy. Smart buyers only need an understanding of the proper methods to get comparison quotes from multiple carriers.
You may qualify for discounts for Audi S5 insurance in Virginia Beach
Car insurance can cost a lot, but there are discounts available that can dramatically reduce your bill. Many discounts should be triggered when you complete an application, but less common discounts must be inquired about before being credited.
- Lower Rates for Military – Being deployed with a military unit could qualify you for better rates.
- Pay Early and Save – By paying your policy upfront instead of paying each month you may have a lower total premium amount.
- Discounts for New Vehicles – Adding a new car to your policy is cheaper because new model year vehicles are generally safer.
- Discount for Life Insurance – Some insurance carriers give a discount if you purchase auto and life insurance together.
- Own a Home – Owning a house in Virginia Beach can earn you a little savings because it requires a higher level of personal finance.
- Driver Education Discount – It’s a good idea to have your young drivers enroll and complete driver’s education if offered at their school.
- Discounts for Federal Employees – Being employed by or retired from a federal job may reduce rates when you quote Virginia Beach car insurance with some auto insurance companies.
- Early Signing – Some auto insurance companies reward drivers for switching to them before your current S5 insurance policy expires. This can save 10% or more.
- More Vehicles More Savings – Having all your vehicles with the same company can get a discount on all vehicles.
- Membership in Organizations – Affiliation with a professional or civic organization could trigger savings on auto insurance.
As a disclaimer on discounts, most of the big mark downs will not be given to the entire policy premium. The majority will only reduce specific coverage prices like medical payments or collision. So even though they make it sound like having all the discounts means you get insurance for free, you’re out of luck.
The chart below visualizes the comparison of Audi S5 car insurance costs with and without discounts applied to the policy rates. The rates are based on a male driver, no claims or driving violations, Virginia state minimum liability limits, comp and collision included, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, homeowner, multi-policy, claim-free, safe-driver, and multi-car discounts applied.
Auto insurance companies that may offer most of these discounts possibly include:
Check with all companies you are considering which discounts you qualify for. Some credits might not be available to policyholders in your area. To choose auto insurance companies that have a full spectrum of discounts in Virginia Beach, click here to view.
Compare Virginia Beach Audi S5 insurance rate quotes
All major car insurance companies provide pricing on their websites. Comparing Audi S5 insurance rates online is pretty easy as you simply type in the coverages you want as requested by the quote form. Behind the scenes, their rating system makes automated requests for your credit score and driving record and gives you a price quote based on the information you submitted. Quoting online for Audi S5 insurance in Virginia Beach helps simplify price comparisons, and it’s necessary to compare as many rates as possible if you want to get the most affordable premium possible.
To save time and compare rates now, consider comparing rates from the companies shown below. If you have coverage now, it’s recommended that you enter the coverages identical to your current policy. Doing this guarantees you will have rate quotes based on identical coverages.
The following companies are our best choices to provide quotes in Virginia. If your goal is to find the cheapest auto insurance in VA, it’s a good idea that you visit two to three different companies in order to find the lowest rates.
Statistics and details
The premium information displayed below highlights detailed analysis of insurance coverage prices for Audi S5 models. Learning more about how prices are formulated can help guide drivers when making smart choices when purchasing an auto insurance policy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| S5 4.2 Quattro 2-Dr Coupe | $224 | $462 | $258 | $16 | $78 | $1,038 | $87 |
| S5 4.2 Quattro 2-Dr Coupe | $224 | $462 | $258 | $16 | $78 | $1,038 | $87 |
| S5 3.0 Quattro 2-Dr Convertible | $224 | $414 | $258 | $16 | $78 | $990 | $83 |
| S5 4.2 Quattro 2-Dr Coupe | $224 | $512 | $258 | $16 | $78 | $1,088 | $91 |
| S5 4.2 Quattro 2-Dr Coupe | $224 | $512 | $258 | $16 | $78 | $1,088 | $91 |
| S5 3.0 Quattro 2-Dr Convertible | $244 | $462 | $258 | $16 | $78 | $1,058 | $88 |
| Get Your Own Custom Quote Go | |||||||
Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Virginia minimum liability limits. Discounts applied include safe-driver, claim-free, multi-policy, multi-vehicle, and homeowner. Price estimates do not factor in vehicle garaging location which can impact prices considerably.
Should you raise deductibles?
One common question asked by Virginia Beach drivers is which deductible level should you buy. The comparison tables below sum up the differences in price between low and high deductibles. The first rate table uses a $250 deductible for comp and collision and the second rate chart uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| S5 4.2 Quattro 2-Dr Coupe | $276 | $574 | $258 | $16 | $78 | $1,227 | $102 |
| S5 4.2 Quattro 2-Dr Coupe | $276 | $574 | $258 | $16 | $78 | $1,227 | $102 |
| S5 3.0 Quattro 2-Dr Convertible | $276 | $514 | $258 | $16 | $78 | $1,167 | $97 |
| S5 4.2 Quattro 2-Dr Coupe | $276 | $634 | $258 | $16 | $78 | $1,287 | $107 |
| S5 4.2 Quattro 2-Dr Coupe | $276 | $634 | $258 | $16 | $78 | $1,287 | $107 |
| S5 3.0 Quattro 2-Dr Convertible | $302 | $574 | $258 | $16 | $78 | $1,253 | $104 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| S5 4.2 Quattro 2-Dr Coupe | $224 | $462 | $258 | $16 | $78 | $1,038 | $87 |
| S5 4.2 Quattro 2-Dr Coupe | $224 | $462 | $258 | $16 | $78 | $1,038 | $87 |
| S5 3.0 Quattro 2-Dr Convertible | $224 | $414 | $258 | $16 | $78 | $990 | $83 |
| S5 4.2 Quattro 2-Dr Coupe | $224 | $512 | $258 | $16 | $78 | $1,088 | $91 |
| S5 4.2 Quattro 2-Dr Coupe | $224 | $512 | $258 | $16 | $78 | $1,088 | $91 |
| S5 3.0 Quattro 2-Dr Convertible | $244 | $462 | $258 | $16 | $78 | $1,058 | $88 |
| Get Your Own Custom Quote Go | |||||||
Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, and Virginia minimum liability limits. Discounts applied include claim-free, homeowner, multi-vehicle, multi-policy, and safe-driver. Estimates do not factor in Virginia Beach location which can alter rates considerably.
We can estimate from the data above that using a $250 deductible will cost you roughly $15 more each month or $180 a year averaged for all S5 models than buying the higher $500 deductible. Due to the fact that you would have to pay $250 more to settle a claim with a $500 deductible as compared to a $250 deductible, if you normally average at a minimum 17 months between claims, you would most likely save money if you choose the higher deductible.
Tickets and at-fault accidents raise rates
The chart below demonstrates how speeding tickets and accidents can affect Audi S5 auto insurance costs for different categories of driver ages. The data assumes a married female driver, full coverage, $100 deductibles, and no discounts are factored in.
Gender differences in car insurance premiums
The information below shows the difference between Audi S5 insurance premiums for male and female drivers. The price estimates are based on a clean driving record, no claims, full physical damage coverage, $100 deductibles, drivers are not married, and no other discounts are factored in.
When should I discuss my situation with an agent?
When it comes to your policy for your vehicles, there isn’t really a “perfect” insurance plan. Every situation is different.
Here are some questions about coverages that might help in determining if your situation could use an agent’s help.
- Why do I have to buy liability insurance?
- Can my teen driver be rated on a liability-only vehicle?
- Does my policy pay for OEM or aftermarket parts?
- What is the difference between comprehensive and collision coverage?
- What policy terms are available?
- Are rock-chip repairs free?
- Am I covered by my employer’s commercial auto policy when driving my personal car for business?
- Does low annual mileage earn a discount?
- Is pet coverage available?
If it’s difficult to answer those questions but a few of them apply then you might want to talk to a licensed agent. To find an agent in your area, fill out this quick form. It’s fast, doesn’t cost anything and you can get the answers you need.
Can’t I compare prices from local Virginia Beach insurance agencies?
Many people still like to talk to a local agent. Good agents are very good at helping people manage risk and help in the event of a claim. The biggest benefit of getting online price quotes is you may find lower rates and still have a local agent. Buying from local insurance agents is still important in Virginia Beach.
To find an agent, once you fill out this quick form, your information is emailed to local insurance agents who will gladly provide quotes for your insurance coverage. It simplifies rate comparisons since you won’t have to contact any insurance agencies since price quotes are sent immediately to your email address. If for some reason you want to get a rate quote for a specific company, you just need to jump over to their website and fill out their quote form.
Picking an insurer should depend on more than just the bottom line cost. Any agent in Virginia Beach should be willing to answer these questions.
- If your car is totaled, how to they determine the replacement cost?
- Which members of your family are coverage by the policy?
- Is the agent properly licensed in Virginia?
- Can they provide you with a list of referrals?
- Where would your vehicle be repaired?
Why you need insurance for your S5
Despite the high cost, buying insurance serves a purpose in several ways.
First, the majority of states have compulsory liability insurance requirements which means you are required to buy specific minimum amounts of liability coverage in order to license the vehicle. 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.
Second, if your S5 has a loan, most lenders will make it a condition of the loan that you have full coverage to ensure loan repayment if the vehicle is totaled. If the policy lapses, the bank may buy a policy for your Audi at a more expensive rate and require you to pay much more than you were paying before.
Third, insurance preserves both your assets and your car. It will also cover all forms of medical expenses for you, your passengers, and anyone else injured in an accident. Liability insurance, one of your policy coverages, will also pay attorney fees in the event you are sued. If mother nature or an accident damages your car, comprehensive (other-than-collision) and collision coverage will pay to repair the damage minus the deductible amount.
The benefits of carrying adequate insurance are without a doubt worth the cost, especially if you ever need it. The average driver in Virginia is overpaying over $869 every year so it’s very important to do a rate comparison at every renewal to make sure the price is not too high.
Auto insurance 101
Understanding the coverages of a insurance policy helps when choosing the best coverages for your vehicles. The terms used in a policy can be difficult to understand and reading a policy is terribly boring.
Liability insurance
Liability coverage provides protection from injuries or damage you cause to other’s property or people. It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show values of 25/50/20 that means you have $25,000 in coverage for each person’s injuries, a total of $50,000 of bodily injury coverage per accident, and a total limit of $20,000 for damage to vehicles and property. Another option is a combined single limit or CSL that pays claims from the same limit rather than limiting it on a per person basis.
Liability coverage protects against things like repair costs for stationary objects, funeral expenses and court costs. How much liability should you purchase? That is your choice, but buy as high a limit as you can afford. Virginia requires minimum liability limits of 25/50/20 but you should consider buying more liability than the minimum.
The next chart shows why minimum state limits may not be adequate coverage.
Collision coverage protection
This coverage covers damage to your S5 from colliding with an object or car. You first must pay a deductible then the remaining damage will be paid by your insurance company.
Collision can pay for things such as damaging your car on a curb, crashing into a ditch, hitting a parking meter, sustaining damage from a pot hole and colliding with a tree. Collision is rather expensive coverage, so consider removing coverage from vehicles that are older. It’s also possible to raise the deductible on your S5 to bring the cost down.
Comprehensive insurance
Comprehensive insurance covers damage from a wide range of events other than collision. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive can pay for claims like hitting a deer, rock chips in glass, hitting a bird and falling objects. The maximum payout you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle is not worth much consider dropping full coverage.
Coverage for uninsured or underinsured drivers
Uninsured or Underinsured Motorist coverage gives you protection when the “other guys” do not carry enough liability coverage. Covered losses include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.
Due to the fact that many Virginia drivers only purchase the least amount of liability that is required (Virginia limits are 25/50/20), it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage should not be overlooked. Usually your uninsured/underinsured motorist coverages are set the same as your liability limits.
Coverage for medical expenses
Coverage for medical payments and/or PIP pay for short-term medical expenses like doctor visits, nursing services, funeral costs and pain medications. The coverages can be used to fill the gap from your health insurance program or if you are not covered by health insurance. It covers not only the driver but also the vehicle occupants and will also cover being hit by a car walking across the street. PIP is not available in all states and may carry a deductible
You can find cheap coverage
We just presented a lot of techniques to get a better price on Audi S5 insurance in Virginia Beach. The key thing to remember is the more price quotes you have, the higher the chance of saving money. Consumers may even find the best rates are with a small local company.
As you go through the steps to switch your coverage, it’s not a good idea to buy lower coverage limits just to save a few bucks. There are a lot of situations where an accident victim reduced liability limits or collision coverage and learned later they didn’t have enough coverage. Your objective should be to get the best coverage possible at the best possible price while not skimping on critical coverages.
Consumers leave their current company for any number of reasons including questionable increases in premium, unfair underwriting practices, high prices or even poor customer service. Whatever your reason, finding a new auto insurance company is not as hard as you think.
How to find cheaper quotes for Audi S5 insurance in Virginia Beach
If you want to save money, the best way to get discount car insurance rates is to compare prices regularly from insurance carriers that insure vehicles in Virginia Beach.
- First, read about how insurance works and the things you can control to keep rates in check. Many factors that result in higher prices like speeding tickets, accidents and a lousy credit rating can be eliminated by making minor driving habit or lifestyle changes.
- Second, request rate estimates from direct carriers, independent agents, and exclusive agents. Direct and exclusive agents can only give prices from a single company like Progressive or State Farm, while agents who are independent can provide rate quotes from multiple insurance companies.
- Third, compare the price quotes to your current policy premium to determine if switching companies saves money. If you can save money and change companies, ensure coverage does not lapse between policies.
One important bit of advice is that you use the same liability limits and deductibles on every quote request and and to get prices from all possible companies. This guarantees a fair rate comparison and a complete rate analysis.
More detailed auto insurance information is located by following these links:
- Self-driving cars won’t replace humans (Insurance Institute for Highway Safety)
- Who Has the Cheapest Auto Insurance Rates for a Honda Accord in Virginia Beach? (FAQ)
- Who Has the Cheapest Virginia Beach Car Insurance Rates for Drivers with Bad Credit? (FAQ)
- Who Has Cheap Car Insurance for a GMC Sierra in Virginia Beach? (FAQ)
- Who Has the Cheapest Car Insurance Quotes for Drivers with Good Credit in Virginia Beach? (FAQ)
- Who Has the Cheapest Virginia Beach Car Insurance Rates for Immigrants? (FAQ)
- Who Has Affordable Auto Insurance for a 20 Year Old Male in Virginia Beach? (FAQ)
- Car Insurance: When not to Skimp (BankRate.com)
- Auto Insurance Facts and Statistics (Insurance Information Institute)
- Car Insurance FAQ (Trusted Choice)
- Learn About Car Insurance (GEICO)