Trying to find low cost Audi A3 insurance in Aurora can be kind of frustrating for drivers new to online insurance quotes. Consumers have so many options that it can be more work than you anticipated to find a more affordable company.
How to find lower priced Audi A3 insurance in Aurora
If you want to find the absolute lowest rates, then the best way to find lower priced auto insurance rates is to annually compare prices from insurers that insure vehicles in Aurora.
- Spend a few minutes and learn about what coverages are included in your policy and the measures you can take to keep rates in check. Many policy risk factors that increase rates such as high-risk driving behaviors and a less-than-favorable credit rating can be amended by making small lifestyle or driving habit changes. Continue reading for more ideas to get better rates and find discounts that you may qualify for.
- Get rate quotes from direct carriers, independent agents, and exclusive agents. Exclusive agents and direct companies can only give rate quotes from a single company like Progressive or Farmers Insurance, while agents who are independent can provide price quotes from many different companies.
- Compare the new rates to your existing rates to see if a cheaper price is available. If you find a lower rate quote, make sure there is no coverage gap between policies.
One thing to point out is to make sure you’re comparing the same coverage limits and deductibles on every quote and and to analyze every insurance company. Doing this guarantees the most accurate price comparison and a thorough price selection.
Sadly, nearly 70% of drivers renewed their policy with the same company for at least four years, and nearly the majority have never even shopped around for cheaper coverage. Drivers in Colorado can save hundreds of dollars each year by just comparing rate quotes, but they underestimate the amount of savings they would get if they changed companies.
Audi A3 insurance statistics and information
The coverage table displayed next outlines different insurance prices for Audi A3 models. Learning a little about how rates are figured can be of help when making decisions when shopping around.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| A3 2.0T Premium Package | $290 | $726 | $456 | $28 | $136 | $1,636 | $136 |
| A3 2.0T Premium Plus Package | $290 | $726 | $456 | $28 | $136 | $1,636 | $136 |
| A3 2.0T Quattro | $328 | $726 | $456 | $28 | $136 | $1,674 | $140 |
| Get Your Own Custom Quote Go | |||||||
Cost estimates assume single female driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Colorado minimum liability limits. Discounts applied include multi-policy, safe-driver, claim-free, multi-vehicle, and homeowner. Information does not factor in specific location information which can increase or decrease coverage rates greatly.
The information below illustrates how your choice of deductibles and can influence Audi A3 insurance costs for different ages of insureds. The rates are based on a single male driver, full coverage, and no discounts are factored in.
Difference between full coverage and liability only rates
The chart below illustrates the comparison of Audi A3 car insurance costs with full physical damage coverage and with liability coverage only. The data assumes a clean driving record, no claims, $250 deductibles, drivers are not married, and no additional discounts are factored in.
When to drop full coverage
There is no exact formula of when to drop comprehensive and collision coverage on your policy, but there is a guideline you can use. If the annual cost of comprehensive and collision coverage is more than 10% of the vehicle’s replacement cost less your deductible, then you may want to consider only buying liability coverage.
For example, let’s say your Audi A3 book value is $8,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled, the most your company would pay you is $7,000 after the policy deductible has been paid. If it’s costing in excess of $700 annually for comprehensive and collision coverage, then you might consider buying liability only.
There are a few situations where removing full coverage is not recommended. If you have an outstanding loan on your vehicle, you have to keep full coverage to protect the lienholder’s interest in the vehicle. Also, if your finances do not allow you to purchase a different vehicle if your current one is totaled, you should maintain full coverage.
Lower Insurance Rates with These Tips
Smart consumers have a good feel for the different types of things that play a part in calculating your premiums. When you know what positively or negatively controls the rates you pay, this allows you to make educated decisions that could help you find much lower annual insurance costs.
Frequent insurance claims increase premiums – If you frequently file small claims, don’t be surprised to see either higher rates or even cancellation. Auto insurance companies in Colorado award better rates to drivers who only file infrequent claims. Insurance coverage is intended to be relied upon for larger claims.
Consider raising coverage deductibles – Insurance for physical damage to your car, also called comprehensive and collision insurance, is used to repair damage to your Audi. Some coverage claims are running into the backend of another car, hail damage, and windstorm damage. The deductibles you choose tell how much you are willing to pay out-of-pocket before your insurance pays a claim. The larger the amount you’re willing to pay, the bigger discount you will receive.
Younger drivers are expensive to insure – Drivers with little experience have been known to be inattentive when driving so insurance rates are higher. Older drivers are more cautious drivers, are lower risk to insure, and get fewer tickets.
The chart below is based on a single driver, full coverage with $250 deductibles, and no discounts or violations.
Getting married is a bonus – Your spouse helps lower the price on insurance. It demonstrates that you tend to be more responsible and statistics prove drivers who are married are more cautious.
Audi A3 insurance loss probability – Companies use historical loss data to help set a rate to offset losses. Models that the statistics show to have higher losses will have higher premium rates. The next table shows the historical loss data for Audi A3 vehicles.
For each coverage category, the claim amount for all vehicles, without regard to make or model, is set at 100. Values under 100 suggest a better than average loss history, while percentages above 100 indicate a higher chance of having a claim or an increased probability of a larger loss.
| Make and Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Audi A3 4dr 2WD | 152 | 90 | 109 | 85 | ||
| Audi A3 4dr 4WD | 147 | 73 | 111 | 80 |
Empty fields indicate not enough data collected
Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Lower rates by being persistent
In this article, we presented many ideas to find affordable Audi A3 insurance in Aurora. It’s most important to understand that the more you quote Aurora car insurance, the higher your chance of finding cheaper Aurora car insurance quotes. You may even find the lowest priced auto insurance comes from an unexpected company.
Lower-priced auto insurance in Aurora is possible on the web and also from your neighborhood Aurora agents, so you should compare both to have the best chance of lowering rates. Some auto insurance companies do not provide online price quotes and usually these small, regional companies only sell through local independent agents.
When searching for inexpensive Aurora car insurance quotes, make sure you don’t reduce coverage to reduce premium. In too many instances, an accident victim reduced liability coverage limits to discover at claim time that the small savings ended up costing them much more. Your goal is to get the best coverage possible at an affordable rate, but don’t skip important coverages to save money.
How to quote cheaper Audi A3 insurance in Aurora
The best way we recommend to find discount Audi A3 insurance in Aurora is to compare prices regularly from insurers in Colorado. You can compare rates by completing these steps.
First, spend a few minutes and learn about how companies price auto insurance and the modifications you can make to keep rates in check. Many rating criteria that cause high rates like speeding tickets, accidents and an unfavorable credit rating can be controlled by making minor changes in your lifestyle.
Second, request rate estimates from independent agents, exclusive agents, and direct companies. Direct and exclusive agents can only provide price estimates from one company like Progressive or Allstate, while independent agents can provide price quotes from multiple sources.
Third, compare the new rate quotes to your current policy to see if cheaper A3 coverage is available. If you find better rates and decide to switch, ensure coverage does not lapse between policies.
Fourth, tell your current agent or company of your decision to cancel your existing policy and submit a down payment along with a completed application for the new policy. Make sure you place your new certificate verifying coverage in your vehicle.
A valuable tip to remember is that you’ll want to compare similar limits and deductibles on every quote and and to get prices from as many companies as possible. Doing this enables a fair rate comparison and a better comparison of the market.
More detailed auto insurance information can be read in the articles below:
- Understanding Car Crashes Video (iihs.org)
- Who Has Cheap Aurora Car Insurance Rates for a Ford Fusion? (FAQ)
- How Much are Car Insurance Quotes for a Toyota RAV4 in Aurora? (FAQ)
- How Much are Auto Insurance Quotes for a Dodge Ram in Aurora? (FAQ)
- How Much are Aurora Auto Insurance Rates for a Learners Permit? (FAQ)
- What is Covered by an Auto Insurance Policy? (Insurance Information Institute)
- Vehicle Insurance in the U.S. (Wikipedia)
- Five Tips to Save on Auto Insurance (Insurance Information Institute)
- Side airbags reduce rollover fatalities (Insurance Institute for Highway Safety)