To save the most money, the best way to get the cheapest Audi S5 insurance is to regularly compare prices from companies that sell auto insurance in Irvine. Prices can be compared by completing these steps.
Step 1: Try to learn about the coverage provided by your policy and the factors you can control to lower rates. Many rating criteria that result in higher prices like multiple speeding tickets and a less-than-favorable credit history can be remedied by improving your driving habits or financial responsibility. Read the full article for ideas to get low prices and find possible discounts that are available.
Step 2: Compare rates from direct, independent, and exclusive agents. Direct companies and exclusive agencies can provide rates from one company like Progressive or State Farm, while independent agents can give you price quotes for a wide range of companies. Compare rates
Step 3: Compare the new rates to your existing coverage to determine if you can save on S5 insurance. If you find better rates and buy the policy, make sure there is no coverage gap between policies.
Step 4: Provide written notification to your current company of your intent to cancel your current coverage. Submit payment and a signed application to your new agent or company. As soon as coverage is bound, place your new certificate verifying proof of insurance in an accessible location in your vehicle.
A crucial key to this process is that you’ll want to compare the same level of coverage on each quote request and and to get quotes from as many auto insurance providers as possible. This guarantees a fair rate comparison and the best price selection.
Anyone knows that auto insurance companies want to prevent you from shopping around. Insureds who compare price quotes are very likely to buy a new policy because there is a great chance of finding a lower-priced company. A study discovered that people who shopped around annually saved approximately $3,400 over four years as compared to drivers who don’t make a habit of comparing rates.
If finding the most affordable auto insurance in Irvine is why you’re here, then having some knowledge of how to shop and compare insurance coverage can make shopping around easier.
Audi S5 Insurance Price Factors
Many things are taken into consideration when pricing auto insurance. Some factors are common sense such as your driving history, but other criteria are less obvious such as your credit history or your commute time. Consumers need to have an understanding of some of the elements that play a part in calculating the rates you pay for insurance. If you have some idea of what impacts premium levels, this enables informed choices that could help you find lower insurance prices.
Do you save by driving less? – The more you drive every year the more it will cost to insure it. The majority of insurers charge to insure your cars partially by how you use the vehicle. Autos that are left in the garage can get a lower rate as compared to vehicles used primarily for driving to work. It’s always a good idea to double check that your policy is rated on the correct usage, because improper ratings can cost you money. A policy that improperly rates your S5 may be costing you.
Do thieves like your car? – Owning a car with a theft deterrent system can get you a discount on your insurance. Anti-theft devices like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system can help prevent auto theft.
Women tend to be lower risk – Over the last 50 years, statistics have shown that women are safer drivers than men. However, don’t assume that females are better at driving than males. Men and women are in accidents at about the same rate, but the male of the species have accidents that have higher claims. Men also get more serious tickets like DWI (DUI) or reckless driving. Males from age 16 to 21 cause the most accidents and therefore have the most expensive insurance rates.
The illustration below visualizes the comparison of Audi S5 insurance prices for male and female drivers. The data is based on no violations or accidents, full physical damage coverage, $1,000 deductibles, single status, and no discounts are applied to the premium.
High credit scores equal low prices – Credit history can be a huge factor in determining your rates. If your credit history leaves room for improvement, you could potentially save money when insuring your Audi S5 by spending a little time repairing your credit. Drivers with excellent credit scores tend to be less risk to insure as compared to drivers with poor credit.
Pay more if you have a long commute – Being located in a small town may provide you with better prices when it comes to insurance. Drivers in populated areas tend to have much more traffic and more severe claims. Fewer drivers and short commutes means less chance of accidents and lower theft and vandalism rates.
Accidents cost more than a fine – How you drive has a big impact on rates. Having just one speeding ticket may increase your cost substantially. Attentive drivers receive lower rates compared to drivers with tickets. Drivers who have received license-revoking tickets like DWI, reckless driving or hit and run convictions may find that they have to to submit a SR-22 form with their state’s licensing department in order to legally drive.
The example below illustrates how traffic citations and accident claims impact Audi S5 insurance prices for each different age group. The prices are based on a single male driver, full physical damage coverage, $500 deductibles, and no discounts are taken into consideration.
Insurance loss statistics an Audi S5 – Insurance companies analyze the history of losses to help determine rates. Vehicles that are shown to have high amounts or severity of claims will have a higher cost to insure.
The table below outlines the loss history for Audi S5 vehicles. For each policy coverage type, the claim probability for all vehicles averaged together is represented as 100. Values that are 100 or less represent a good loss history, while values that are 100 or greater point to more losses or tendency to have higher losses.
| Vehicle Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Audi S5 2dr 4WD | 197 | 85 | 161 | 68 | ||
| Audi S5 Convertible 4WD | 162 | 62 | 124 |
Empty fields indicate not enough data collected
Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years
How to get free Audi S5 insurance quotes online
Most larger insurance companies allow consumers to get prices from their websites. Obtaining pricing for Audi S5 insurance in Irvine is fairly simple as you just type in the amount of coverage you want into a form. After you complete the form, the company’s rating system automatically orders credit information and your driving record and quotes a price determined by many factors. Getting online quotes for Audi S5 insurance in Irvine helps simplify price comparisons, and it’s also necessary to have as many quotes as possible in order to get cheap rates.
If you want to find out if lower rates are available, compare quotes from the companies shown below. If you have a policy now, it’s recommended you duplicate coverages and limits as shown on your current policy. This way, you are getting a fair comparison for exact coverage.
The providers in the list below are our best choices to provide price comparisons in Irvine, CA. To get cheap auto insurance in California, we recommend you compare several of them to get a more complete price comparison.
Detailed insurance information
The price information shown next showcases a range of coverage costs for Audi S5 models. Understanding more about how auto insurance policy rates are formulated is important for making smart choices when purchasing an insurance policy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| S5 4.2 Quattro 2-Dr Coupe | $374 | $778 | $450 | $26 | $134 | $1,762 | $147 |
| S5 4.2 Quattro 2-Dr Coupe | $374 | $778 | $450 | $26 | $134 | $1,762 | $147 |
| S5 3.0 Quattro 2-Dr Convertible | $374 | $698 | $450 | $26 | $134 | $1,682 | $140 |
| S5 4.2 Quattro 2-Dr Coupe | $374 | $860 | $450 | $26 | $134 | $1,844 | $154 |
| S5 4.2 Quattro 2-Dr Coupe | $374 | $860 | $450 | $26 | $134 | $1,844 | $154 |
| S5 3.0 Quattro 2-Dr Convertible | $408 | $778 | $450 | $26 | $134 | $1,796 | $150 |
| Get Your Own Custom Quote Go | |||||||
Above prices assume married female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and California minimum liability limits. Discounts applied include homeowner, multi-vehicle, multi-policy, claim-free, and safe-driver. Rate quotes do not factor in zip code location which can alter auto insurance rates significantly.
How high should deductibles be?
When buying auto insurance, a common question is how high should the physical damage coverage deductibles be. The following tables may help to conceptualize the rate difference when you choose different insurance deductibles. The first set of prices uses a $250 comprehensive and collision deductible and the second price grid uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| S5 4.2 Quattro 2-Dr Coupe | $474 | $986 | $442 | $26 | $132 | $2,085 | $174 |
| S5 4.2 Quattro 2-Dr Coupe | $474 | $986 | $442 | $26 | $132 | $2,085 | $174 |
| S5 3.0 Quattro 2-Dr Convertible | $474 | $882 | $442 | $26 | $132 | $1,981 | $165 |
| S5 4.2 Quattro 2-Dr Coupe | $474 | $1088 | $442 | $26 | $132 | $2,187 | $182 |
| S5 4.2 Quattro 2-Dr Coupe | $474 | $1088 | $442 | $26 | $132 | $2,187 | $182 |
| S5 3.0 Quattro 2-Dr Convertible | $518 | $986 | $442 | $26 | $132 | $2,129 | $177 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| S5 4.2 Quattro 2-Dr Coupe | $292 | $620 | $442 | $26 | $132 | $1,512 | $126 |
| S5 4.2 Quattro 2-Dr Coupe | $292 | $620 | $442 | $26 | $132 | $1,512 | $126 |
| S5 3.0 Quattro 2-Dr Convertible | $292 | $556 | $442 | $26 | $132 | $1,448 | $121 |
| S5 4.2 Quattro 2-Dr Coupe | $292 | $684 | $442 | $26 | $132 | $1,576 | $131 |
| S5 4.2 Quattro 2-Dr Coupe | $292 | $684 | $442 | $26 | $132 | $1,576 | $131 |
| S5 3.0 Quattro 2-Dr Convertible | $320 | $620 | $442 | $26 | $132 | $1,540 | $128 |
| Get Your Own Custom Quote Go | |||||||
Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include multi-vehicle, multi-policy, homeowner, claim-free, and safe-driver. Premium amounts do not factor in specific Irvine garaging location which can change insurance rates noticeably.
Based on the above data, using a $250 deductible costs about $49 more each month or $588 each year than requesting the higher $1,000 deductible. Since you would pay $750 more to file a claim with a $1,000 deductible as compared to a $250 deductible, if you have at least 15 months between claim filings, you would probably save some money by going with a higher deductible. The illustration below shows a better example of how we made this calculation.
| Average monthly premium for $250 deductibles: | $176 |
| Average monthly premium for $1,000 deductibles (subtract): | – $127 |
| Monthly savings from raising deductible: | $49 |
| Difference between deductibles ($1,000 – $250): | $750 |
| Divide difference by monthly savings: | $750 / $49 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 15 months |
One thing to be aware of is that increasing deductibles to lower your rates means you will have to cover more of the damage yourself if you have a claim. You will want to have some extra savings in the event you need to pay more for the deductible.
The example below shows how choosing a deductible and can raise or lower Audi S5 insurance prices for different ages of insureds. The premium estimates are based on a married male driver, full physical damage coverage, and no discounts are factored in.
Cost comparison with and without full coverage
The information below shows the comparison of Audi S5 insurance prices with and without physical damage coverage. The price estimates are based on no accidents or driving violations, $100 deductibles, single marital status, and no discounts are applied.
When to stop buying comprehensive and collision coverage
There is no written rule for phasing out comp and collision coverage, but there is a general guideline you can use. If the yearly cost of full coverage is more than around 10% of replacement cost minus your deductible, the it may be a good time to stop paying for full coverage.
For example, let’s pretend your Audi S5 replacement cost is $9,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled, you would only receive $8,000 after you pay the deductible. If it’s costing you more than $800 annually to have full coverage, then it may be the right time to buy liability only.
There are some scenarios where removing full coverage is not in your best interest. If you have an outstanding loan on your vehicle, you must maintain physical damage coverage in order to satisfy the requirements of the loan. Also, if your emergency fund is not enough to purchase a different vehicle if your current one is in an accident, you should not drop full coverage.
Auto insurance does more than just protect your car
Even though it can be expensive, buying auto insurance serves an important purpose.
- The majority of states have compulsory liability insurance requirements which means you are required to buy a specific minimum amount of liability in order to license the vehicle. In California these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.
- If you have a lien on your Audi, almost all lenders will require that you carry insurance to ensure the loan is repaid in case of a total loss. If you do not keep the policy in force, the lender will be forced to insure your Audi for a lot more money and make you pay the higher price.
- Auto insurance preserves both your car and your personal assets. Insurance will pay for many types of medical costs 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 your driving. If your vehicle suffers damage from an accident or hail, your policy will pay to restore your vehicle to like-new condition.
The benefits of buying auto insurance more than cancel out the cost, especially for larger claims. On average, a vehicle owner in Irvine overpays more than $869 every year so shop around each time the policy renews to ensure rates are inline.
Get cheaper rates on Audi S5 insurance in Irvine with these discounts
Car insurance companies don’t necessarily list all their discounts very well, so the below list has a few of the more well known and the harder-to-find discounts you could be receiving when you buy Irvine auto insurance online. If you do not check that you are getting every discount available, you could be paying more than you need to.
- E-sign Discounts – A handful of insurance companies provide a small discount shop Irvine auto insurance digitally online.
- Pay Now and Pay Less – By paying your policy upfront rather than spreading payments over time you can actually save on your bill.
- Good Students Pay Less – This discount may save as much as 25% on a Irvine auto insurance quote. Many companies even apply the discount to college students up to age 25.
- Discount for Low Mileage – Low mileage vehicles can earn better prices on cars that stay parked.
- Accident Forgiveness Coverage – This one isn’t a discount, but certain companies allow you one accident before they charge you more for coverage as long as you don’t have any claims for a set time period.
- Clubs and Organizations – Joining qualifying clubs or civic groups could qualify you for a break on your next auto insurance statement.
- Discount for Life Insurance – Some auto insurance companies give a discount if you purchase auto and life insurance together.
We need to note that some of the credits will not apply to the whole policy. Most only apply to individual premiums such as physical damage coverage or medical payments. Even though the math looks like it’s possible to get free car insurance, nobody gets a free ride.
The example below visualizes the comparison of Audi S5 insurance costs with and without discounts applied to the policy rates. The rates are based on a female driver, no violations or accidents, California state minimum liability limits, comp and collision included, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, homeowner, marriage, multi-car, safe-driver, and claim-free discounts applied.
Some of the insurance companies that possibly offer some of the above discounts include:
When quoting, ask all the companies which discounts you qualify for. Savings may not be offered in Irvine. If you would like to choose from a list of providers who offer free Audi S5 insurance quotes in Irvine, click here.
What if I want to buy from local Irvine insurance agencies?
Many drivers would rather buy from a licensed agent and that is a personal choice. A nice benefit of getting free rate quotes online is that you can find the lowest rates and still buy from a local agent.
To help locate an agent, after submitting this short form, the quote information is immediately sent to participating agents in Irvine that give free quotes for your auto insurance coverage. It’s much easier because you don’t need to leave your computer because prices are sent instantly to you. You can find lower rates without the usual hassles of price shopping. If you want to compare rates from one company in particular, you just need to jump over to their website and submit a quote form there.
Finding a good provider is decision based upon more than just a cheap price. A good agent in Irvine will have answers to these questions.
- Does the quote include credit and driving reports?
- Is the agency involved in supporting local community causes?
- Do they assist clients in filing claims?
- Which family members are covered?
- What will you get paid if your car is a total loss? How is that amount determined?
Pick the best auto insurance agent in Irvine for you
If you’re trying to find a good Irvine insurance agent, you need to know there are two different types of agents to choose from. Irvine agents are considered either independent (non-exclusive) or exclusive.
Exclusive Insurance Agents
Agents in the exclusive channel normally can only provide a single company’s rates like State Farm, Allstate, and Farm Bureau. They usually cannot provide other company’s prices so keep that in mind. They are usually quite knowledgeable on their company’s products which aids in selling service over price.
Below are exclusive insurance agents in Irvine that can give you price quotes.
Ray Vermeulen – State Farm Insurance Agent
2151 Michelson Dr #242 – Irvine, CA 92612 – (949) 752-6335 – View Map
Mike McCain – State Farm Insurance Agent
1442 Irvine Blvd #204 – Tustin, CA 92780 – (714) 734-8300 – View Map
Mike Stitt – State Farm Insurance Agent
17452 Irvine Blvd #208 – Tustin, CA 92780 – (714) 544-4717 – View Map
Independent Agents
These agents are normally appointed by many insurers and that gives them the ability to insure through many companies and help determine which has the cheapest rates. If they find a lower price, the business is moved internally and you can keep the same agent. When comparison shopping, you will want to compare prices from independent agents to maximize your price options.
Below are Irvine independent agents that are able to give comparison quotes.
Isu Insurance Services Irvine
18022 Cowan Ste 225 – Irvine, CA 92614 – (949) 419-2100 – View Map
Sentry Insurance – Irvine
16815 Von Karman Ave #200 – Irvine, CA 92606 – (949) 930-6100 – View Map
USG Insurance Services-California
100 Pacifica Suite 340 – Irvine, CA 92618 – (800) 886-3897 – View Map
Once you have received good feedback to these questions and a good coverage price, you’ve probably found an insurance agent that meets the requirements to provide auto insurance coverage. Just keep in mind you are able to terminate your policy whenever you wish so don’t assume you’re contractually obligated to any particular company with no way out.
How do I know if I need professional advice?
When it comes to choosing coverage online or from an agent for your personal vehicles, there isn’t really a “best” method to buy coverage. Your financial needs are unique.
These are some specific questions could help you determine whether you will benefit from professional help.
- What is the difference between personal and commercial auto insurance policies?
- What discounts do I qualify for?
- What does medical payments coverage do?
- How high should my uninsured/underinsured coverage be in California?
- Am I covered if I back into my garage door?
- Why am I required to buy high-risk coverage?
If you’re not sure about those questions but a few of them apply, you might consider talking to an agent. To find an agent in your area, fill out this quick form.
Cheaper auto insurance is out there
Drivers who switch companies do it for many reasons like lack of trust in their agent, policy cancellation, being labeled a high risk driver or even questionable increases in premium. No matter why you want to switch, choosing a new company is not as hard as you think.
When buying insurance coverage, never buy lower coverage limits just to save a few bucks. In many cases, consumers will sacrifice liability coverage limits to discover at claim time that it was a big mistake. The proper strategy is to buy the best coverage you can find at the lowest possible cost while not skimping on critical coverages.
Cheaper Audi S5 insurance in Irvine can be sourced from both online companies and from local agencies, so you should compare both in order to have the best chance of saving money. There are still a few companies who do not offer online price quotes and these small, regional companies sell through independent insurance agencies.
Other resources
- Pickups fall short in headlight tests (Insurance Institute for Highway Safety)
- Who Has the Cheapest Car Insurance for a GMC Sierra in Irvine? (FAQ)
- How Much is Auto Insurance for High Risk Drivers in Irvine? (FAQ)
- Who Has Affordable Car Insurance for Real Estate Agents in Irvine? (FAQ)
- What Car Insurance is Cheapest for a Learners Permit in Irvine? (FAQ)
- Who Has Affordable Irvine Auto Insurance Quotes for a Jeep Grand Cherokee? (FAQ)
- Who Has Affordable Auto Insurance Rates for Uninsured Drivers in Irvine? (FAQ)
- Who Has the Cheapest Auto Insurance for Veterans in Irvine? (FAQ)
- Who Has Affordable Irvine Car Insurance Quotes for Drivers Under 21? (FAQ)
- Top Signs Your Brakes are Giving Out (State Farm)
- Honda warning system reduces insurance claims (Insurance Institute for Highway Safety)
- Keeping Children Safe in Crashes Video (iihs.org)