Sick and tired of being strong-armed to insure your Audi every month? You are no different than many other drivers. With consumers having so many companies to choose from, it is very difficult to choose the lowest cost car insurance company.
You should make it a habit to check insurance prices yearly because prices are constantly changing. Just because you found the lowest rates on A3 insurance two years ago you may be paying too much now. Forget anything you know (or think you know) about insurance because you’re about to learn the things you must know in order to save money, get proper deductibles and limits, all at the lowest rate.
Finding a lower price on 2007 Audi A3 insurance can be surprisingly simple. All you need to do is take the time to compare rate quotes online with multiple companies. This can be accomplished in just a few minutes using one of these methods.
One of the simplest ways to compare a lot of rates at once is an all-inclusive rate comparison click here to open form in new window. This method eliminates the need for multiple quote forms to each individual insurance coverage company. One simple form compares rates from all major companies.
A more time consuming way to find lower rates is spending the time to visit the website for each individual company to complete their respective quote request forms. For examples sake, let’s assume you want to compare Farmers, Allstate and American Family. To get rate quotes you would need to go to every website and enter your policy data, which is why most consumers use the first method. To view a list of companies in your area, click here.
It’s your choice how you get your quotes, but make absolute certain that you use identical deductibles and coverage limits on every quote you get. If you are comparing higher or lower deductibles it will be very difficult to truly determine the lowest rate.
Insuring your vehicles can cost a lot, but there could be available discounts that many people don’t even know exist. Most are applied when you quote, but less common discounts must be manually applied prior to receiving the credit. If they aren’t giving you every credit available, you are throwing money away.
Drivers should understand that some credits don’t apply to the entire policy premium. Most only reduce individual premiums such as liability and collision coverage. Just because it seems like all those discounts means the company will pay you, you won’t be that lucky. But any discount will help reduce the amount you have to pay.
To see a list of companies with the best insurance coverage discounts, follow this link.
When it comes to buying the right insurance coverage for your personal vehicles, there really is no cookie cutter policy. Each situation is unique and your policy should reflect that. For example, these questions might point out if you might need an agent’s assistance.
If you can’t answer these questions but you think they might apply to your situation, you may need to chat with an insurance agent. To find lower rates from a local agent, complete this form or go to this page to view a list of companies. It is quick, free and can provide invaluable advice.
Learning about specific coverages of a insurance policy can help you determine the best coverages for your vehicles. Insurance terms can be difficult to understand and reading a policy is terribly boring. Shown next are the usual coverages offered by insurance companies.
Comprehensive auto coverage
This coverage pays for damage from a wide range of events other than collision. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage pays for claims such as a tree branch falling on your vehicle, hitting a deer and falling objects. The most a insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.
Collision coverage protection
This coverage pays for damage to your A3 resulting from a collision with another car or object. You first must pay a deductible and then insurance will cover the remainder.
Collision insurance covers claims like backing into a parked car, crashing into a building, scraping a guard rail, colliding with a tree and hitting a mailbox. Paying for collision coverage can be pricey, so consider removing coverage from lower value vehicles. You can also choose a higher deductible to save money on collision insurance.
UM/UIM (Uninsured/Underinsured Motorist) coverage
This protects you and your vehicle’s occupants when the “other guys” are uninsured or don’t have enough coverage. Covered losses include injuries sustained by your vehicle’s occupants and damage to your Audi A3.
Because many people only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is important protection for you and your family. Frequently the UM/UIM limits are similar to your liability insurance amounts.
Liability auto insurance
This coverage protects you from damage or injury you incur to other’s property or people in an accident. It protects YOU against claims from other people. It does not cover your own vehicle damage or injuries.
It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show values of 25/50/25 which means $25,000 bodily injury coverage, $50,000 for the entire accident, and $25,000 of coverage for damaged propery. Some companies may use one limit called combined single limit (CSL) that pays claims from the same limit with no separate limits for injury or property damage.
Liability insurance covers claims like attorney fees, pain and suffering and court costs. How much liability coverage do you need? That is a personal decision, but you should buy as much as you can afford.
Medical payments and PIP coverage
Med pay and PIP coverage provide coverage for bills for things like dental work, surgery, pain medications and X-ray expenses. They are used to fill the gap from your health insurance program or if you do not have health coverage. Medical payments and PIP cover both the driver and occupants and will also cover if you are hit as a while walking down the street. PIP is only offered in select states but it provides additional coverages not offered by medical payments coverage