Audi Q5 insurance cost image courtesy of QuoteInspector.com
If price shopping Austin auto insurance quotes online is new to you, there's a good chance you are bewildered thanks to the incredible selection local agents and online companies vying for business in Austin.
Surprisingly, a recent survey revealed that the vast majority of consumers have bought auto insurance from the same company for more than four years, and almost 40% of drivers have never compared rates to find cheaper insurance. Many consumers in Texas can cut their rates by as much as $1,800 a year, but they won't spend time to find cheaper auto insurance rates.
When looking for low cost Austin auto insurance quotes, there are a couple ways to get quotes from many insurance companies in Texas. The easiest way by far to find the lowest Audi Q5 rates consists of shopping online.
Keep in mind that quoting more gives you a better chance of getting a lower rate than you're paying now. Not every company does Austin Q5 insurance quotes over the internet, so it's recommended that you also compare rates on coverage from those companies, too.
The car insurance companies shown below offer price quotes in Texas. If multiple companies are shown, we suggest you get price quotes from several of them to get the best price comparison.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Q5 3.2 Premium AWD||$378||$672||$500||$30||$150||$1,730||$144|
|Q5 3.2 Premium Plus AWD||$318||$660||$400||$24||$120||$1,522||$127|
|Q5 3.2 Premium Plus S-Line AWD||$286||$558||$358||$22||$108||$1,332||$111|
|Q5 3.2 Prestige AWD||$360||$746||$388||$24||$116||$1,634||$136|
|Q5 3.2 Prestige S-Line AWD||$354||$936||$430||$26||$128||$1,874||$156|
|Get Your Own Custom Quote Go|
Table data represents single male driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Texas minimum liability limits. Discounts applied include claim-free, multi-vehicle, multi-policy, homeowner, and safe-driver. Rate information does not factor in vehicle garaging location which can lower or raise auto insurance rates considerably.
Responsible drivers pay cheaper auto insurance rates
The illustration below illustrates how traffic citations and at-fault fender-benders can impact Audi Q5 car insurance rates for different insured age categories. The prices are based on a single female driver, full physical damage coverage, $500 deductibles, and no additional discounts are factored in.
The diagram below highlights how deductible selection and can affect Audi Q5 insurance costs for each different age group. The data is based on a single male driver, comprehensive and collision coverage, and no discounts are taken into consideration.
Car insurance policy discounts for Audi Q5 insurance in Austin
Car insurance companies don't list all discounts in a way that's easy to find, so we researched some of the more common and also the lesser-known discounts that may be available.
- New Car Discount - Adding a new car to your policy may earn a small discount since new model year vehicles are generally safer.
- Data Collection Discounts - Drivers who elect to allow driving data submission to track vehicle usage by using a telematics device such as Drivewise from Allstate or Snapshot from Progressive may get a rate reduction if they show good driving skills.
- Early Signing - Some insurance companies reward drivers for buying a policy before your current coverage expires. You can save around 10% with this discount.
- Austin Homeowners Pay Less - Simply owning a home can save you money since home ownership demonstrates responsibility.
- Federal Employees - Active or retired federal employment may reduce rates when you quote Austin auto insurance depending on your company.
- Multi-car Discount - Purchasing coverage when you have more than one vehicle with one company can get a discount for every vehicle.
Don't be surprised that most credits do not apply to the entire policy premium. Most cut individual premiums such as medical payments or collision. So even though it sounds like it's possible to get free car insurance, it doesn't quite work that way.
Companies that may include many of the previously listed discounts possibly include:
If you need lower rates, check with each company how many discounts you can get. Some of the earlier mentioned discounts may not apply in Austin.
How do Car Insurance Companies Determine Audi Q5 Insurance Premiums?
It's important that you understand the factors that help determine the rates you pay for car insurance. If you have some idea of what impacts premium levels, this allows you to make good choices that will entitle you to much lower annual insurance costs.
Policy add-ons may not be needed - There are a lot of extra coverages that you can get tricked into buying if you aren't diligent. Coverages for rental car coverage, towing, and extra life insurance coverage are some examples. They may sound like good ideas when deciding what coverages you need, but if you have no use for them get rid of them and save.
Prices are affected by your address - Being located in areas with lower population is a positive aspect when trying to find low car insurance rates. People who live in big cities have more road rage incidents and more severe claims. Less people living in that area means fewer accidents in addition to fewer liability claims.
Where do you drive? - The higher the mileage driven each year the higher the price you pay to insure it. A lot of insurance companies charge rates partially by how you use the vehicle. Cars and trucks used primarily for pleasure use receive lower rates as compared to vehicles used primarily for driving to work. It's a smart idea to ensure your car insurance policy reflects the correct driver usage, because it can save money. An improperly rated Q5 may be costing you.
Prevent theft and save - Driving a car with a theft deterrent system can save you a little every year. Anti-theft devices like OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems all help prevent auto theft and help lower rates.
Liability protection preserves assets - A critical coverage on your policy, liability insurance kicks in when you are responsible for physical damage or personal injury to other. Liability insurance provides you with a defense in court to defend your case. Liability is cheap as compared to coverage for physical damage, so drivers should carry high limits.
Traffic violations are costly - Getting just one citation can increase the cost of insurance by as much as thirty percent. Drivers with clean records receive lower rates than their less careful counterparts. Drivers unfortunate enough to have severe tickets like reckless driving, hit and run or driving under the influence may be required to maintain a SR-22 with their state's licensing department in order to prevent a license revocation.
Audi Q5 statistical loss data - Insurance companies use past loss statistics for each vehicle to calculate a price that offsets possible losses. Models that the data shows to have higher losses will cost more for coverage. The next table shows the historical insurance loss data for Audi Q5 vehicles.
For each coverage category, the loss probability for all vehicles, regardless of manufacturer or model, is set at 100. Numbers under 100 suggest a better than average loss history, while numbers shown that are more than 100 indicate more frequent claims or tendency to have larger claims.
Car Insurance Loss Data for Audi Q5 Models
|Vehicle Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
|Audi Q5 4dr 4WD||143||96||110||61||55||78|
|Audi Q5 Hybrid 4dr 4WD||156||165|
Empty fields indicate not enough data collected
Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years
Shop online but buy locally
Many drivers would rather get advice from a local agent and that is not a bad decision One of the great benefits of comparing insurance online is that drivers can save money and get lower premium rates but still work with a licensed agent. Buying insurance from local insurance agencies is especially important in Austin.
After completing this quick form, your information is instantly submitted to local insurance agents who want to provide quotes for your insurance coverage. There is no need to search for any insurance agencies because prices are sent to you instantly. You can most likely find cheaper rates without requiring a lot of work. If you want to get a price quote from a specific company, you can always visit that company's website and complete a quote there.
If you need to find a reputable insurance agent or broker, you need to know there are two different types of agencies and how they operate. Agencies in Austin can be classified as either independent or exclusive depending on the company they work for.
Independent Agents (or Brokers)
Agents that choose to be independent are normally appointed by many insurers so as a result can place your coverage with lots of companies and help determine which has the cheapest rates. If your agent finds better pricing, your agent can switch companies and you can keep the same agent.
If you are comparing rate quotes, we recommend you get insurance quotes from a few independent agents to get the most accurate price comparison. They often place coverage with smaller mutual companies that many times have cheaper rates.
Below is a short list of independent insurance agents in Austin that can give you price quotes.
- Eckert Insurance Group
824 W 10th St - Austin, TX 78701 - (512) 472-6969 - View Map
- AUSTIN AREA INSURANCE AGENCY
8711 Burnet Rd - Austin, TX 78757 - (512) 253-8726 - View Map
- Southwest Insurance Center
3105 W Slaughter Ln - Austin, TX 78748 - (512) 280-6100 - View Map
Exclusive Insurance Agencies
Exclusive agencies can only write with one company like State Farm, AAA, Farmers Insurance or Allstate. These agents are unable to compare rates from other companies so if the price isn't competitive there isn't much they can do. Exclusive agents are trained well on their company's products which helps overcome the inability to quote other rates. Many people purchase coverage from exclusives partially due to high brand loyalty instead of buying on price only.
Listed below is a short list of exclusive insurance agencies in Austin who can help you get rate quotes.
- Allstate Insurance: Fleming and Conway Agency
3435 Greystone Dr Ste 107 - Austin, TX 78731 - (512) 345-0005 - View Map
- Allstate Insurance: Amanda Escobar
8700 Manchaca Rd #405 - Austin, TX 78748 - (512) 280-9700 - View Map
- Bob Jennings - State Farm Insurance Agent
4405 Pack Saddle Pass - Austin, TX 78745 - (512) 444-9671 - View Map
Finding a good insurance agency shouldn't rely on just the bottom line cost. Any agent in Austin should have no problem answering these questions:
- Is insurance their full-time profession?
- Which companies can they place coverage with?
- Which family members are covered?
- Do you need full coverage on every vehicle?
- Does the quote include credit and driving reports?
- Do you qualify for any additional discounts?
If you get satisfactory answers to these questions as well as offering an affordable quote, you may have just found an insurance agency that will adequately provide insurance. Just keep in mind you have the power to cancel coverage when you choose so never feel that you're stuck with any specific agency for a certain time period.
But the ad said I'd save 15% in 15 minutes!
Respected companies like State Farm, Allstate and GEICO regularly use television, radio, and online ads. They all seem to tend to make the same promise that you can save just by switching your coverage. But how can every company offer you a better deal on Audi Q5 insurance in Austin? It's all in the words they use.
Auto insurance companies have specific criteria for the type of driver that will most likely be profitable. A good example of a profitable risk profile could possibly be over age 30, has never had a policy lapse, and has a short commute. Any customer that hits that "sweet spot" will probably get the lowest premium rates and will cut their Audi Q5 insurance rates if they switch.
Potential insureds who fall short of the ideal profile will probably be forced to pay a higher rate which results in the customer not purchasing. The trick is to say "people who switch" but not "all drivers who get quotes" save the amount stated. This is how insurance companies can confidently claim big savings.
This really emphasizes why drivers must get a wide range of price quotes. You cannot predict which auto insurance company will have the lowest rate quotes.
Shop around and save
When getting Austin auto insurance quotes online, you should never reduce needed coverages to save money. In many instances, an insured cut physical damage coverage only to regret that it was a big error on their part. Your aim should be to get the best coverage possible for the lowest price while still protecting your assets.
Cheap Audi Q5 insurance in Austin can be bought from both online companies in addition to many Austin insurance agents, and you should compare price quotes from both in order to have the best chance of saving money. Some insurance companies may not provide the ability to get quotes online and these regional carriers provide coverage only through independent insurance agents.
We covered a lot of tips how to compare Audi Q5 insurance auto insurance rates in Austin. The key thing to remember is the more you quote Austin auto insurance, the better chance you'll have of finding the cheapest Audi Q5 rate quotes. Consumers could even find that the lowest auto insurance rates come from a small mutual company.
Even more information is available by following these links:
- Speed and Speed Limit FAQ (iihs.org)
- How Much are Auto Insurance Quotes for a Company Car in Austin? (FAQ)
- What Insurance is Cheapest for a Toyota Highlander in Austin? (FAQ)
- Who Has Affordable Auto Insurance Quotes for Teenagers in Austin? (FAQ)
- How Much are Auto Insurance Quotes for a Learners Permit in Austin? (FAQ)
- Eight Auto Insurance Myths (Insurance Information Institute)
- Anti-Lock Brake FAQ (iihs.org)
- Rental Reimbursement Coverage (Allstate)