Save Money on Audi A5 Insurance in Plano

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Insurance quote for Audi A5 in PlanoThe easiest way to find cheaper prices for Audi A5 insurance is to compare prices once a year from providers in Plano. Rates can be compared by following these steps.

  1. Take a little time to learn about what is in your policy and the changes you can make to prevent rate increases. Many rating factors that result in higher prices such as traffic citations, accidents, and a negative credit history can be controlled by making lifestyle changes or driving safer. This article provides tips to help prevent high rates and find overlooked discounts.
  2. Compare price quotes from exclusive agents, independent agents, and direct providers. Exclusive agents and direct companies can only give rate quotes from a single company like Progressive or Allstate, while independent agencies can give you price quotes for a wide range of companies.
  3. Compare the new rates to your current policy to see if cheaper A5 coverage is available. If you find a lower rate and buy the policy, make sure coverage is continuous and does not lapse.

A key point to remember is that you'll want to compare the same coverage limits and deductibles on each price quote and and to get rate quotes from as many companies as possible. This helps ensure an apples-to-apples comparison and the most accurate and complete price analysis.

It's amazing but the vast majority of consumers in Texas kept buying from the same company for well over three years, and virtually 40% of consumers have never taken the time to shop around. With the average premium in the U.S. being $1,847, drivers can cut their rates by 47% a year, but they just assume it's a time-consuming process to find affordable insurance by shopping around.

If you have coverage now or are looking for a new policy, use these tips to save money while maintaining coverages. This article's goal is to let you in on the best ways to compare prices and how to save the most money. Drivers only need an understanding of the least time-consuming way to find the lowest price over the internet.

Most of the larger companies like State Farm, Allstate and GEICO allow you to get pricing from their websites. Doing online quotes for Audi A5 insurance in Plano can be done by anyone as you just type in your required coverages into the form. Upon sending the form, the quote system makes automated requests for credit information and your driving record and generates a price based on the data you entered.

Quoting online for Audi A5 insurance in Plano makes it easy to compare insurance prices and it's very important to perform this step in order to find the lowest payment on auto insurance.

If you want to find out how much you can save on auto insurance, visit the companies below or click here to submit a quote request to multiple companies at once. If you have your current policy handy, we recommend you complete the form with coverages and limits just like they are on your policy. This helps ensure you will have rate comparison quotes based on similar coverages.

The companies shown below have been selected to offer free quotes in Plano, TX. If you wish to find the cheapest auto insurance in Texas, it's highly recommended you click on several of them to get a more complete price comparison.

Car insurance data for an Audi A5

The data table shown next covers a range of insurance rates for Audi A5 models. Being aware of how policy premiums are figured can help you make decisions on the best policy coverages.

Audi A5 Insurance Rates in Plano, TX
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
A5 2.0T Quattro Premium 2-Dr Coupe $258 $532 $366 $22 $110 $1,288 $107
A5 2.0T Quattro Premium Plus 2-Dr Coupe $258 $532 $366 $22 $110 $1,288 $107
A5 3.2 Quattro Prestige 2-Dr Coupe $258 $602 $366 $22 $110 $1,358 $113
A5 3.2 Quattro Premium Plus 2-Dr Coupe $258 $602 $366 $22 $110 $1,358 $113
A5 2.0T Quattro Prestige 2-Dr Coupe $258 $602 $366 $22 $110 $1,358 $113
A5 2.0T Premium 2-Dr Convertible $258 $602 $430 $26 $128 $1,444 $120
A5 2.0T Premium Plus 2-Dr Convertible $258 $602 $430 $26 $128 $1,444 $120
A5 2.0T Quattro Prestige S-Line 2-Dr Coupe $286 $602 $366 $22 $110 $1,386 $116
A5 2.0T Prestige S-Line 2-Dr Convertible $286 $602 $430 $26 $128 $1,472 $123
A5 2.0T Prestige 2-Dr Convertible $286 $602 $430 $26 $128 $1,472 $123
A5 3.2 Quattro Prestige S-Line 2-Dr Coupe $286 $672 $366 $22 $110 $1,456 $121
Get Your Own Custom Quote Go

Data assumes single female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Texas minimum liability limits. Discounts applied include safe-driver, homeowner, multi-policy, claim-free, and multi-vehicle. Premium amounts do not factor in specific garaging location which can revise price quotes substantially.

Comparison of policy deductibles

One of the most common car insurance questions is where should you set your physical damage deductibles. The premium rates below illustrate the rate differences when you choose different policy deductibles. The first rate table uses a $250 deductible for comp and collision and the second data table uses a $1,000 deductible.

Audi A5 insurance with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
A5 2.0T Quattro Premium 2-Dr Coupe $370 $672 $324 $20 $96 $1,507 $126
A5 2.0T Quattro Premium Plus 2-Dr Coupe $370 $672 $324 $20 $96 $1,507 $126
A5 3.2 Quattro Prestige 2-Dr Coupe $370 $762 $324 $20 $96 $1,597 $133
A5 3.2 Quattro Premium Plus 2-Dr Coupe $370 $762 $324 $20 $96 $1,597 $133
A5 2.0T Quattro Prestige 2-Dr Coupe $370 $762 $324 $20 $96 $1,597 $133
A5 2.0T Premium 2-Dr Convertible $370 $762 $382 $22 $114 $1,675 $140
A5 2.0T Premium Plus 2-Dr Convertible $370 $762 $382 $22 $114 $1,675 $140
A5 2.0T Quattro Prestige S-Line 2-Dr Coupe $408 $762 $324 $20 $96 $1,635 $136
A5 2.0T Prestige S-Line 2-Dr Convertible $408 $762 $382 $22 $114 $1,713 $143
A5 2.0T Prestige 2-Dr Convertible $408 $762 $382 $22 $114 $1,713 $143
A5 3.2 Quattro Prestige S-Line 2-Dr Coupe $408 $850 $324 $20 $96 $1,723 $144
Get Your Own Custom Quote Go
Audi A5 insurance with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
A5 2.0T Quattro Premium 2-Dr Coupe $228 $424 $324 $20 $96 $1,092 $91
A5 2.0T Quattro Premium Plus 2-Dr Coupe $228 $424 $324 $20 $96 $1,092 $91
A5 3.2 Quattro Prestige 2-Dr Coupe $228 $478 $324 $20 $96 $1,146 $96
A5 3.2 Quattro Premium Plus 2-Dr Coupe $228 $478 $324 $20 $96 $1,146 $96
A5 2.0T Quattro Prestige 2-Dr Coupe $228 $478 $324 $20 $96 $1,146 $96
A5 2.0T Premium 2-Dr Convertible $228 $478 $382 $22 $114 $1,224 $102
A5 2.0T Premium Plus 2-Dr Convertible $228 $478 $382 $22 $114 $1,224 $102
A5 2.0T Quattro Prestige S-Line 2-Dr Coupe $252 $478 $324 $20 $96 $1,170 $98
A5 2.0T Prestige S-Line 2-Dr Convertible $252 $478 $382 $22 $114 $1,248 $104
A5 2.0T Prestige 2-Dr Convertible $252 $478 $382 $22 $114 $1,248 $104
A5 3.2 Quattro Prestige S-Line 2-Dr Coupe $252 $534 $324 $20 $96 $1,226 $102
Get Your Own Custom Quote Go

Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include multi-policy, safe-driver, claim-free, homeowner, and multi-vehicle. Rate quotes do not factor in vehicle location which can modify auto insurance rates substantially.

Based on this data, using a $250 deductible would cost the average driver about $38 more each month or $456 for a full year across all Audi A5 models than choosing the higher $1,000 deductible. Since you would have to pay $750 more out of your own pocket with a $1,000 deductible as compared to a $250 deductible, if you normally average at a minimum 20 months between claims, you would save more money if you elect the higher deductible. Here's a better example of how you can come to your own conclusion.

Average monthly premium for $250 deductibles: $136
Average monthly premium for $1,000 deductibles (subtract): - $98
Monthly savings from raising deductible: $38
Difference between deductibles ($1,000 - $250): $750
Divide difference by monthly savings: $750 / $38
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 20 months

The diagram below illustrates how choosing a deductible and can impact Audi A5 annual premium costs for different age groups. The information is based on a married male driver, full coverage, and no discounts are applied.

Liability only or full coverage

The diagram below shows the difference between Audi A5 car insurance rates with full coverage compared to only the Texas minimum liability coverage. The information is based on no claims or violations, $500 deductibles, drivers are single, and no discounts are factored in.

Should you pay for full coverage or liability only?

There is no exact formula that works best for making the decision to drop physical damage insurance, but there is a general school of thought. If the yearly cost for physical damage coverage is more than about 10% of any settlement you would receive from your insurance company, the it may be a good time to stop paying for full coverage.

For example, let's say your Audi A5 book value is $7,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled, the most you would get paid by your company is $6,000 after paying your deductible. If you are paying more than $600 annually for your policy with full coverage, then you might want to think about dropping full coverage.

There are some scenarios where dropping full coverage is not a good idea. If you still owe a portion of the original loan, you have to carry full coverage as part of the loan requirements. Also, if you cannot afford to purchase a different vehicle if your current one is totaled, you should keep full coverage in place.

Three reasons auto insurance is important

Even though Plano A5 insurance rates can get expensive, maintaining insurance is mandatory in Texas but it also protects more than you think.

First, most states have compulsory liability insurance requirements which means you are required to carry specific limits of liability in order to drive the car. 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 your car has a lienholder, most banks will require that you have comprehensive coverage to protect their interest in the vehicle. If the policy lapses, the lender may insure your Audi at a much higher rate and require you to fork over much more than you were paying before.

Third, insurance safeguards your Audi A5 and your assets. It will also reimburse you for medical bills that are the result of an accident. One of the most valuable coverages, liability insurance, will also pay for a defense attorney if you are sued as the result of an accident. If your vehicle suffers damage from an accident or hail, comprehensive and collision coverage will pay all costs to repair after the deductible has been paid.

The benefits of carrying adequate insurance greatly outweigh the cost, particularly if you ever have a claim. According to a survey of 1,000 drivers, the average driver is wasting up to $800 each year so compare rates once a year at a minimum to make sure the price is not too high.

How do Insurers Determine Audi A5 Insurance Prices?

An important part of buying insurance is that you know some of the elements that come into play when calculating auto insurance rates. If you understand what influences your rates, this helps enable you to make changes that could result in lower premium levels.

The factors shown below are just a few of the factors that factor into your rate level.

  • Do you know you're credit rating? - Credit score is likely to be a major factor in determining premium rates. If your credit score could use some work, you may save money insuring your Audi A5 by improving your credit score. People that have excellent credit tend to be better risks to insure than drivers with lower ratings.
  • GPS tracking and theft deterrents lower rates - Owning a car with anti-theft technology or alarm system can save you some money. Theft prevention features such as vehicle immobilizer systems, OnStar, and tracking devices like LoJack all help stop auto theft and help lower rates.
  • High premiums for youthful drivers - Older, more experienced drivers are more cautious drivers, statistically cause fewer accidents, and usually have better credit. Inexperience drivers tend to be careless and easily distracted when at the wheel of a vehicle and because of this, their auto insurance rates are much higher.

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

  • Certain occupations pay higher premiums - Do you work in a high-stress field? Jobs such as judges, police officers, and financial analysts are shown to have higher premiums than the average policyholder because of high stress and long work hours. Other occupations such as actors, students and the unemployed have the lowest average rates.
  • Men pay higher rates - Statistics demonstrate that women are safer drivers than men. This data doesn't prove that men are WORSE drivers than women. They both cause fender benders in similar percentages, but the men tend to have more serious accidents. Not only are claims higher, but men get more serious tickets like reckless driving and DUI.

    The illustration below compares Audi A5 car insurance rates for male and female drivers. The data assumes no tickets, no at-fault accidents, full coverage, $100 deductibles, drivers are not married, and no discounts are applied to the premium.

  • Lower performance equals lower insurance costs - The make and model of the car, truck or SUV you need to insure makes a big difference in determining your rates. The lowest rates are generally reserved for small economy passenger models, but your final cost has many other factors.

    The data below uses these assumptions: single male driver age 50, full coverage with $1000 deductibles, and no discounts or violations. It shows Audi A5 rates compared to other models that have a range of performance rating factors.

  • Insurance loss data for Audi A5 vehicles - Insurance companies take into consideration insurance loss statistics for every vehicle when setting rates for each model. Models that the data shows to have a trend towards higher claims will have higher premium rates. The data below shows the insurance loss data for Audi A5 vehicles.

    For each policy coverage type, the claim probability for all vehicles compiled together is set at 100. Percentage numbers below 100 suggest a better than average loss history, while percentage values above 100 indicate more frequent claims or statistically larger claims.

    Audi A5 Insurance Claim Statistics
    Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
    Audi A5 2dr 4WD 196 92 140 73 83 100
    Audi A5 Convertible 4WD 147 73 140 56
    BETTER
    AVERAGE
    WORSE

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

Plano auto insurance companies ranked

Buying coverage from the right auto insurance provider can be difficult considering how many companies are available to choose from in Plano. The ranking data listed below may help you decide which auto insurance companies to look at purchasing coverage from.

Top 10 Plano Car Insurance Companies Ranked by Customer Service

  1. USAA
  2. Travelers
  3. Mercury Insurance
  4. AAA Insurance
  5. Nationwide
  6. Safeco Insurance
  7. Progressive
  8. State Farm
  9. The Hartford
  10. The General

Top 10 Plano Car Insurance Companies Ranked by Value

  1. Mercury Insurance
  2. Travelers
  3. American Family
  4. AAA Insurance
  5. Safeco Insurance
  6. Progressive
  7. The Hartford
  8. The General
  9. 21st Century
  10. Esurance

Cover all your bases

In this article, we presented a lot of techniques to shop for Audi A5 insurance online. The most important thing to understand is the more you quote Plano car insurance, the better likelihood of getting affordable Audi A5 insurance quotes. You may even find the lowest rates are with some of the lesser-known companies.

Lower-priced auto insurance in Plano is available both online as well as from insurance agents, and you need to comparison shop both to have the best rate selection. Some auto insurance companies may not have price quotes online and usually these small, regional companies prefer to sell through independent insurance agencies.

Consumers change insurance companies for many reasons like denial of a claim, extreme rates for teen drivers, high rates after DUI convictions and even policy cancellation. It doesn't matter why you want to switch switching companies is pretty simple and you could end up saving a buck or two.

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