The recommended way to get discount car insurance rates is to make a habit of regularly comparing prices from companies in Plano. This can be done by following these guidelines.
- Step 1: Read about how car insurance works and the things you can change to keep rates low. Many risk factors that cause rate increases such as accidents, traffic tickets, and a low credit rating can be remedied by improving your driving habits or financial responsibility. Read the full article for more information to help reduce prices and find more discounts that you may not know about.
- Step 2: Compare price quotes from direct, independent, and exclusive agents. Direct companies and exclusive agencies can provide rates from a single company like Progressive or State Farm, while independent agents can give you price quotes for a wide range of companies.
- Step 3: Compare the quotes to the price on your current policy to see if you can save by switching companies. If you find better rates and make a switch, make sure there is no lapse between the expiration of your current policy and the new one.
- Step 4: Give notification to your agent or company to cancel your current coverage. Submit a down payment along with a signed application to your new carrier. Don’t forget to place your new certificate verifying proof of insurance in your vehicle’s glove compartment or console.
A good tip to remember is that you use identical deductibles and limits on each quote and and to compare as many companies as you can. Doing this enables a fair price comparison and the most accurate and complete price analysis.
A recent study showed that the vast majority of car insurance customers have been with the same company for a minimum of four years, and practically 40% of car insurance customers have never quoted rates to find lower-cost coverage. Plano insurance shoppers can save about 70% each year by just comparing quotes, but they just don’t want to save money by comparing rate quotes.
If you have a current auto insurance policy or need a new policy, you can follow these tips to save money and still have adequate protection. Locating the best rates in Plano can be easy if you know a few tricks. Drivers just have to understand the best way to find the lowest price using one simple form.
Cutting your car insurance rates doesn’t have to be difficult. Drivers just need to spend a little time to compare rates to see which company has inexpensive Plano car insurance quotes.
Comparing free rate quotes online is easy and it, makes it obsolete to drive to local insurance agencies. The ability to quote Audi S4 insurance online has made agencies unnecessary unless you want the professional abilities that only a licensed agent can provide. If you prefer, some companies allow you to compare online quotes and still use a local agent.
The companies shown below have been selected to offer price comparisons in Plano, TX. To find cheap auto insurance in Texas, it’s highly recommended you compare several of them to get a more complete price comparison.
Data for Audi S4 insurance
The information displayed next showcases a range of insurance costs for Audi S4 models. Learning as much as possible about how auto insurance prices are established can be of help when making decisions when choosing a new policy provider.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|S4 Quattro 4-Dr Sedan||$354||$936||$366||$22||$110||$1,788||$149|
|S4 Quattro 4-Dr Sedan||$354||$936||$366||$22||$110||$1,788||$149|
|S4 Quattro 4-Dr Sedan||$390||$936||$366||$22||$110||$1,824||$152|
|S4 Quattro 4-Dr Sedan||$390||$936||$366||$22||$110||$1,824||$152|
|Get Your Own Custom Quote Go|
Table data represents single male driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Texas minimum liability limits. Discounts applied include homeowner, multi-policy, safe-driver, multi-vehicle, and claim-free. Price estimates do not factor in zip code location which can alter auto insurance rates greatly.
Do you need full coverage?
The example below shows the difference between Audi S4 insurance costs when comparing full coverage to liability only. Data assumes no violations or accidents, $100 deductibles, single status, and no discounts are applied to the premium.
When to eliminate full coverage
There is no definitive formula that works best for making the decision to drop full coverage, but there is a guideline you can consider. If the yearly cost of comp and collision coverage is more than about 10% of the settlement you would receive from your company, then it might be time to consider dropping full coverage.
For example, let’s say your Audi S4 claim settlement value is $5,000 and you have $1,000 policy deductibles. If your vehicle is totaled, the most your company will settle for is $4,000 after paying your deductible. If premiums are more than $400 a year for physical damage coverage, then it might be time to buy liability only.
There are some conditions where dropping full coverage is not financially feasible. If you still have a lienholder on your title, you have to maintain full coverage in order to prevent your loan from defaulting. Also, if you cannot afford to purchase a different vehicle in case of an accident, you should keep full coverage in place.
Lower rate quotes on Audi S4 insurance in Plano with these insurance discounts
Some insurance providers don’t list every policy discount in an easy-to-find place, so we took the time to find a few of the more common as well as the least known credits that may apply to you.
- Paperwork-free – A handful of companies may give you up to $50 shop Plano car insurance on their website.
- Clubs and Organizations – Affiliation with a civic or occupational organization in Plano is a good way to get lower rates on your policy.
- Air Bags and Passive Restraints – Factory air bags or motorized seat belts could see savings of up to 25% or more.
- Theft Deterrent Discount – Cars equipped with tracking devices and advanced anti-theft systems are stolen less frequently and earn discounts up to 10% off your Plano car insurance quote.
- Distant Student Discount – Youth drivers who attend college more than 100 miles from Plano and do not take a car to college could get you a discount.
- ABS Braking Discount – Cars, trucks, and SUVs with anti-lock braking systems prevent accidents and the ABS can save up to 10%.
- No Claims – Plano drivers who stay claim-free pay much less as compared to drivers with a long claim history.
As a sidenote, some of the credits will not apply to the overall cost of the policy. The majority will only reduce the cost of specific coverages such as medical payments or collision. Even though it appears you would end up receiving a 100% discount, insurance companies wouldn’t stay in business.
The diagram below compares Audi S4 auto insurance rates with and without discounts applied to the premium. Data assumes a male driver, a clean driving record, no claims, Texas state minimum liability limits, full physical damage coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, homeowner, safe-driver, multi-policy, claim-free, and marriage discounts applied.
Large insurance companies and a summarized list of policyholder discounts are outlined below.
- American Family offers premium reductions for accident-free, mySafetyValet, Steer into Savings, good student, and air bags.
- Nationwide discounts include Farm Bureau membership, multi-policy, accident-free, business or organization, anti-theft, easy pay, and family plan.
- MetLife may include discounts for claim-free, good driver, multi-policy, good student, and accident-free.
- 21st Century has savings for homeowners, teen driver, early bird, driver training, and theft prevention.
- Farmers Insurance has discounts for homeowner, alternative fuel, business and professional, mature driver, distant student, switch companies, and pay in full.
- Allstate includes discounts for premier plus, good payer, defensive driver, anti-theft, premier discount, and EZ pay plan discount.
When comparing rates, check with all the companies which discounts you may be entitled to. Some of the discounts discussed earlier may not apply to policies in every state.
Insurance is an important decision
Even though it’s not necessarily cheap to insure an Audi in Plano, paying for insurance is required by state law in Texas and it also provides benefits you may not be aware of.
First, just about all states have compulsory liability insurance requirements which means the state requires a specific minimum amount of liability coverage in order to get the vehicle licensed. In Texas these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
Second, if you took out a loan on your vehicle, most banks will have a requirement that you carry insurance to guarantee their interest in the vehicle. If you default on your policy, the bank or lender will purchase a policy for your Audi at a much higher premium rate and force you to pay for the expensive policy.
Third, insurance safeguards both your vehicle and your assets. It will also cover most medical and hospital costs for not only you but also any passengers injured in an accident. One of the most valuable coverages, liability insurance, also covers legal expenses if you are sued as the result of an accident. If your Audi gets damaged, your policy will cover the damage repairs after a deductible is paid.
The benefits of having insurance more than offset the price you pay, specifically if you ever have a liability claim. But the average driver in Texas is wasting up to $820 a year so you should quote your policy with other companies at least once a year to help ensure money is not being wasted.
What is the best car insurance company in Plano?
Ending up with the highest-rated insurer can be rather challenging considering how many different companies sell coverage in Texas. The company rank data shown below could help you select which car insurance providers you want to consider buying from.
Top 10 Plano Car Insurance Companies Overall
- Mercury Insurance
- AAA Insurance
- State Farm
- The Hartford
- Safeco Insurance
Do I just need basic coverages?
When quoting and comparing coverage online or from an agent for your personal vehicles, there really is no one-size-fits-all type of policy. Everyone’s situation is unique and your car insurance should unique, too.
For instance, these questions might help in determining whether your personal situation would benefit from an agent’s advice.
- Am I covered if my car is in a flood?
- What is the ISO rating for a Audi S4?
- Is my son or daughter covered when driving my car?
- Do I need special endorsements for business use of my vehicle?
- Am I covered by my spouse’s policy after a separation?
- Does car insurance cover theft of personal property?
- Who does medical payments coverage extend to?
- What is no-fault insurance?
- Is my teenager covered with friends in the car?
- What are the best liability limits?
If you don’t know the answers to these questions then you might want to talk to an agent. If you don’t have a local agent, fill out this quick form or click here for a list of car insurance companies in your area. It’s fast, doesn’t cost anything and you can get the answers you need.
When to have guidance from a local insurance agent
A lot of people just prefer to sit down and talk to an agent and that is OK! Good insurance agents can help determine the best coverages and will help you if you have claims. One of the great benefits of getting free rate quotes online is the fact that you can find cheaper car insurance rates and also buy local.
By using this short form, your coverage information is emailed to local insurance agents who will give you quotes for your insurance coverage. You won’t need to contact any agents due to the fact that quote results will go instantly to you. If for some reason you want to get a rate quote from a specific insurance company, feel free to navigate to their website to submit a rate quote request.
Choosing the best provider requires you to look at more than just the price. Any good agent in Plano should know the answers to these questions.
- Will high miles depreciate repair valuations?
- Will the company cover a rental car if your car is getting fixed?
- Do they get extra compensation for selling add-on coverages?
- Do they have adequate Errors and Omissions coverage? This protects you if they make a mistake.
- Are they actively involved in the community?
- Which insurance company do they prefer to write with?
- Are they full-time agents?
- Is every driver in your family covered?
If you would like to find an insurance agent, there are two types of insurance agents and how they operate. Auto insurance agents in Plano are considered either exclusive or independent. Either one can do a good job, but it’s worth mentioning how they differ because it can factor into buying decisions.
Exclusive Insurance Agents
Agents of this type can only write with one company such as Allstate and State Farm. Exclusive agencies are unable to compare rates from other companies so you might not find the best rates. These agents are well schooled in insurance sales which helps overcome the inability to quote other rates.
The following is a list of exclusive insurance agencies in Plano that are able to give price quotes.
Independent Auto Insurance Agents
Agents of this type do not sell for just one brand so as a result can place your coverage through many different auto insurance companies and find the cheapest auto insurance rates. If prices rise, an independent agent can move your coverage and you can keep the same agent. When searching for an agent, you will want to compare quotes from at least one independent agent to ensure the widest selection of prices.
Listed below is a short list of independent agents in Plano willing to provide comparison quotes.
Nationwide Insurance: Nicholas Arthur Purvis Agency
5600 Tennyson Pkwy #243 – Plano, TX 75024 – (972) 665-9975 – View Map
Texas FIrst Rate Insurance Agency
2105 W Spring Creek Pkwy #375c – Plano, TX 75023 – (972) 467-6500 – View Map