Are you searching for more competitive Audi A7 insurance in El Paso? Frustrated by the wide range of car insurance companies available to you? There are so many options that it can really be a burden to find the lowest price for Audi A7 insurance in El Paso. If you live there, you know that El Paso has many things to offer, but budgeting for expensive car insurance can make it very difficult to afford.
Everyone knows that car insurance companies don't want policyholders to compare prices from other companies. Drivers who perform rate comparisons are likely to switch to a new company because there are good odds of finding coverage at a cheaper rate. A study showed that people who shopped around saved $3,450 over four years compared to policyholders who never compared other company's rates.
If finding the cheapest rates on car insurance is the reason you're here, then understanding how to get free comparison quotes and analyze car insurance can make it easier for you to save money.
Seven Tips to Get Cheap El Paso Insurance Prices
One of the most helpful ways to save on car insurance is to to have a grasp of some of the elements that help determine your policy premiums. If you have some idea of what controls the rates you pay, this empowers consumers to make smart changes that could help you find lower premium levels.
The items below are a few of the things used by companies to determine your rates.
Your car's features help determine rates - Choosing a vehicle with a theft deterrent system can save you some money. Advanced theft deterrents like GM's OnStar, tamper alarm systems and vehicle immobilizers all help prevent auto theft and help lower rates.
Allowing your car insurance policy to lapse raises prices - Not having insurance is not a good idea and your next policy will cost more because you let your insurance lapse for non-payment. Not only will rates go up, being ticketed for driving with no insurance may earn you fines and jail time. You may have to submit proof of financial responsibility or a SR-22 with the Texas motor vehicle department.
Vocation stress can make you pay more - Jobs such as military generals, airline pilots, and stock brokers tend to have higher premium rates because of job stress and lots of time spent away from family. On the other hand, careers such as scientists, athletes and performers get better rates.
Liability coverage is important - The liability section of your policy kicks in in the event that a jury decides you are liable for an accident. Your policy's liability insurance provides legal defense starting from day one. Carrying liability coverage is mandatory and cheap compared to insuring for physical damage coverage, so do not cut corners here.
Raising coverage deductibles saves money - Protection for physical damage, aka comp and collision, insures against damage to your Audi. Some examples of claims that would be covered could be a broken windshield, flood damage, and rolling your vehicle. Your deductibles are the amount of money you are willing to pay if a claim is determined to be covered. The more expense the insured is willing to pay, the lower your rates will be.
Cheaper prices with safer cars - Safe vehicles can get you lower premiums. Safe vehicles result in less severe injuries and reduced instances of injuries means lower claim amounts which can mean better rates for you.
With age comes lower costs - Older drivers are more responsible, tend to cause fewer accidents, and are safer drivers. Beginning drivers are statistically proven to be more careless with other occupants in the car so car insurance rates are higher.
Audi A7 claim data - Insurance companies factor in historical loss data to help calculate premium prices. Models that are shown to have higher prevalence or dollar amount of losses will have higher premium rates. The information below illustrates the insurance loss data for Audi A7 vehicles.
For each coverage type, the statistical loss for all vehicles compiled together is considered to be 100. Percentage values below 100 are indicative of better than average losses, while values over 100 indicate a higher chance of having a claim or statistically larger losses.
| Specific Audi Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Audi A7 4dr 4WD | 207 | 76 | 208 | 50 | 49 | 76 |
Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Audi A7 insurance discounts in El Paso
Some companies don't necessarily list all their discounts in an easy-to-find place, so here is a list a few of the more common and the harder-to-find discounts that may be available. If you are not receiving all the discounts you qualify for, you are throwing money away.
- One Accident Forgiven - Not necessarily a discount, but companies like GEICO, State Farm, and Progressive may permit one accident before hitting you with a surcharge as long as you don't have any claims prior to the accident.
- El Paso Homeowners Discount - Being a homeowner may trigger a policy discount on auto insurance because it requires personal responsibility.
- Theft Prevention System - Vehicles optioned with advanced anti-theft systems help deter theft and earn discounts up to 10% off your El Paso auto insurance quote.
- Mature Driver Discount - Drivers over the age of 55 are able to get a small discount on rates.
- Drivers Education - Make teen driver coverage more affordable by requiring them to successfully complete driver's ed class in high school.
- Smart Student Discounts - This discount may save you up to 25%. This discount can apply up until you turn 25.
- Sign Early and Save - A few companies give discounts for buying a new policy before your current expiration date. The savings is around 10%.
Discounts reduce rates, but you should keep in mind that most of the big mark downs will not be given to the entire cost. A few only apply to individual premiums such as physical damage coverage or medical payments. Despite the fact that it seems like all those discounts means the company will pay you, nobody gets a free ride.
A list of companies and their offered discounts can be read below.
- State Farm offers discounts including driver's education, good student, passive restraint, anti-theft, good driver, student away at school, and multiple autos.
- GEICO offers premium reductions for air bags, anti-lock brakes, multi-policy, emergency military deployment, military active duty, driver training, and five-year accident-free.
- Progressive includes discounts for good student, multi-policy, online quote discount, online signing, continuous coverage, and homeowner.
- 21st Century may offer discounts for defensive driver, teen driver, student driver, early bird, homeowners, theft prevention, and 55 and older.
- American Family has savings for mySafetyValet, good student, multi-vehicle, defensive driver, air bags, TimeAway discount, and early bird.
- The Hartford policyholders can earn discounts including air bag, bundle, vehicle fuel type, anti-theft, driver training, good student, and defensive driver.
- AAA has discounts for multi-car, anti-theft, pay-in-full, education and occupation, AAA membership discount, good student, and multi-policy.
When comparing rates, check with each company or agent which discounts you qualify for. Some of the discounts discussed earlier might not be offered in El Paso. To see companies who offer auto insurance discounts in Texas, click here.
Don't give up on affordable rates
As you prepare to switch companies, it's very important that you do not skimp on coverage in order to save money. In too many instances, someone sacrificed liability limits or collision coverage only to find out that it was a big mistake. Your objective should be to find the BEST coverage for the lowest cost, but don't skip important coverages to save money.
We just presented quite a bit of information on how to save on Audi A7 insurance in El Paso. The most important thing to understand is the more rate quotes you have, the better your comparison will be. Consumers could even find that the most savings is with some of the smallest insurance companies. These companies may cover specific market segments cheaper than the large multi-state companies such as Allstate, GEICO and Progressive.
Affordable Audi A7 insurance in El Paso can be bought online in addition to local insurance agencies, and you need to comparison shop both to have the best selection. There are still a few companies who do not provide rates over the internet and usually these smaller companies provide coverage only through independent agencies.
How to find discount Audi A7 insurance in El Paso
If saving the most money is your goal, then the best way to get low-cost Audi A7 insurance is to start doing an annual price comparison from insurers who provide auto insurance in El Paso. Drivers can shop around by following these guidelines.
First, read about how insurance companies determine prices and the measures you can control to prevent high rates. Many rating criteria that cause rate increases such as traffic tickets, fender benders, and an unacceptable credit rating can be controlled by paying attention to minor details.
Second, obtain price quotes from direct carriers, independent agents, and exclusive agents. Exclusive agents and direct companies can only quote rates from one company like Progressive or State Farm, while independent agencies can quote prices from multiple insurance companies.
Third, compare the price quotes to your current policy premium to determine if you can save on A7 insurance. If you find better rates, ensure there is no coverage lapse between policies.
A key point to remember is to compare the same amount of coverage on each price quote and and to get price quotes from all possible companies. This guarantees a fair price comparison and a complete selection of prices.
To read more, feel free to visit the resources below:
- Teen Driving Statistics (iihs.org)
- Five Tips to Save on Auto Insurance (Insurance Information Institute)
- What is Covered by GAP Insurance? (Allstate)
- Auto Crash Statistics (Insurance Information Institute)