2018 Audi S5 Insurance Quotes – 9 Discounts for Cheaper Rates

Looking for the cheapest car insurance rates for your Audi S5? Sick and tired of being strong-armed to make your car insurance payment? You have the same problem as millions of other vehicle owners.

Since vehicle owners have many choices, it is very difficult to choose the cheapest car insurance company.

Finding affordable coverage is easy if you know what you’re doing. Basically, anyone who is shopping for insurance coverage will most likely be able to save money. But vehicle owners need to have an understanding of the way insurance companies price insurance differently.

Take advantage of every insurance coverage discount

Car insurance companies don’t always advertise their entire list of discounts very well, so we researched some of the more common in addition to some of the lesser obvious discounts you could be receiving when you buy car insurance online.

  • Service Members Pay Less – Having a family member in the military may qualify for rate reductions.
  • Theft Prevention System – Cars, trucks, and SUVs equipped with anti-theft or alarm systems help deter theft so companies will give you a small discount.
  • Smart Student Discounts – Maintaining excellent grades can get you a discount of up to 25%. Most companies allow this discount up to age 25.
  • Air Bag Discount – Factory options such as air bags or motorized seat belts may qualify for discounts up to 30%.
  • Mature Driver Discount – If you qualify as a senior citizen, you may be able to get a small discount on rates for S5 coverage.
  • Clubs and Organizations – Having an affiliation with certain professional organizations can get you a small discount on your bill.
  • Telematics Data Discounts – Drivers who elect to allow their insurance company to monitor driving habits by installing a telematics device like Drivewise from Allstate or In-Drive from State Farm might see lower rates if their driving habits are good.
  • Defensive Driver – Participating in a safe driver course could save 5% or more and easily recoup the cost of the course.
  • Good Driver Discounts – Drivers without accidents can get discounts for up to 45% lower rates for S5 coverage than less cautious drivers.

Discounts save money, but please remember that many deductions do not apply to the overall cost of the policy. A few only apply to the price of certain insurance coverages like comp or med pay. If you do the math and it seems like having all the discounts means you get insurance for free, it just doesn’t work that way. But any discount will bring down your overall premium however.

Some companies who might offer many of the previously listed discounts may include but are not limited to:

Check with all the companies how you can save money. Some of the earlier mentioned discounts may not be offered in your area. For a list of insurers that offer multiple discounts, click here.

How to know if you need help

When it comes to choosing the right insurance coverage for your vehicles, there really is no “perfect” insurance plan. Everyone’s situation is a little different so this has to be addressed. These are some specific questions might point out if your situation might need professional guidance.

  • I don’t drive much so do I pay less?
  • Does my car insurance cover rental cars?
  • Is my ex-spouse still covered by my policy?
  • Will filing a claim cost me more?
  • Do I need added coverage for expensive stereo equipment?
  • Can I afford to buy a different vehicle if my 2018 Audi S5 is totaled?
  • Will my vehicle be repaired with OEM or aftermarket parts?

If it’s difficult to answer those questions but you think they might apply to your situation then you might want to talk to a licensed agent. If you want to speak to an agent in your area, simply complete this short form or you can also visit this page to select a carrier

Insurance coverages and their meanings

Learning about specific coverages of your insurance policy aids in choosing the right coverages and the correct deductibles and limits. The coverage terms in a policy can be impossible to understand and reading a policy is terribly boring. These are the usual coverages found on the average insurance policy.

UM/UIM (Uninsured/Underinsured Motorist) coverage – Your UM/UIM coverage protects you and your vehicle from other motorists when they either are underinsured or have no liability coverage at all. This coverage pays for injuries to you and your family and damage to your Audi S5.

Since many drivers carry very low liability coverage limits, their limits can quickly be used up. So UM/UIM coverage is a good idea.

Auto liability insurance – This will cover damages or injuries you inflict on a person or their property. Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have values of 25/50/25 which means a $25,000 limit per person for injuries, a per accident bodily injury limit of $50,000, and a limit of $25,000 paid for damaged property.

Liability can pay for things such as structural damage, court costs, bail bonds and loss of income. How much coverage you buy is a personal decision, but you should buy as much as you can afford.

Collision coverages – Collision coverage pays for damage to your S5 resulting from a collision with a stationary object or other vehicle. You have to pay a deductible and then insurance will cover the remainder.

Collision can pay for claims like rolling your car, colliding with another moving vehicle, damaging your car on a curb, hitting a mailbox and sideswiping another vehicle. Collision is rather expensive coverage, so consider removing coverage from vehicles that are older. It’s also possible to raise the deductible to save money on collision insurance.

Comprehensive auto coverage – This pays for damage from a wide range of events other than collision. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive can pay for claims such as rock chips in glass, a tree branch falling on your vehicle, damage from flooding and hitting a bird. The most your insurance company will pay is the cash value of the vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Medical payments and PIP coverage – Med pay and PIP coverage reimburse you for bills like funeral costs, hospital visits and dental work. They are often used to cover expenses not covered by your health insurance program or if you are not covered by health insurance. Coverage applies to all vehicle occupants in addition to being hit by a car walking across the street. Personal injury protection coverage is not universally available but can be used in place of medical payments coverage

Be a money saver!

When trying to cut insurance costs, it’s not a good idea to reduce coverage to reduce premium. There are too many instances where an insured cut comprehensive coverage or liability limits to discover at claim time that the savings was not a smart move. The aim is to find the BEST coverage at the best price and still be able to protect your assets.

We just presented a lot of ways to get a better price on 2018 Audi S5 insurance. It’s most important to understand that the more times you quote, the better your comparison will be. You may even discover the most savings is with a lesser-known regional company. These companies may often insure only within specific states and give getter rates as compared to the big name companies such as State Farm or Progressive.

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