2002 Audi A4 Insurance Cost

Want lower car insurance rates for your Audi A4? Do you get confused by the sheer number of car insurance companies in your area? There are so many options that it can easily turn into a lot of work to find the lowest price.

Finding the lowest cost protection is quite easy. Essentially anyone who shops for auto insurance should be able to find lower rates. But consumers must know how insurance companies sell online because it can help you find the best coverage.

Find discounts to get cheap auto insurance quotes

Car insurance companies don’t list all available discounts very clearly, so the next list breaks down a few of the more common in addition to some of the lesser obvious discounts you could be receiving when you buy car insurance online.

  • Discounts for Seat Belt Usage – Drivers who require all occupants to use a seat belt can save up to 15% on the medical payments or PIP coverage costs.
  • Service Members Pay Less – Being on active deployment in the military may qualify for rate reductions.
  • Own a Home and Save – Just being a homeowner can earn you a little savings because maintaining a house demonstrates responsibility.
  • No Claim Discounts – Good drivers with no accidents pay much less as compared to bad drivers.
  • Include Life Insurance and Save – If the company offers life insurance, you could get a discount if you purchase some life insurance too.
  • Air Bags and Passive Restraints – Vehicles with factory air bags or motorized seat belts can receive discounts of more than 20%.
  • Anti-theft Discount – Cars equipped with anti-theft or alarm systems have a lower chance of being stolen and that can save you a little bit as well.

Don’t be surprised that most discounts do not apply to the entire cost. Most cut specific coverage prices like physical damage coverage or medical payments. Despite the fact that it seems like all those discounts means the company will pay you, that’s just not realistic. Any qualifying discounts will lower your overall bill.

A list of companies and a partial list of their discounts are:

  • State Farm has discounts for good driver, student away at school, safe vehicle, passive restraint, multiple autos, anti-theft, and Steer Clear safe driver discount.
  • Geico may offer discounts for anti-theft, multi-policy, air bags, multi-vehicle, military active duty, and emergency military deployment.
  • Progressive discounts include online quote discount, multi-vehicle, homeowner, good student, and continuous coverage.
  • 21st Century offers premium reductions for homeowners, good student, anti-lock brakes, driver training, early bird, and theft prevention.
  • American Family policyholders can earn discounts including early bird, Steer into Savings, good student, mySafetyValet, and bundled insurance.
  • The Hartford may include discounts for good student, vehicle fuel type, defensive driver, air bag, anti-theft, and bundle.
  • AAA offers discounts including anti-theft, AAA membership discount, good student, education and occupation, good driver, pay-in-full, and multi-car.

If you are trying to find inexpensive car insurance quotes, ask every prospective company which discounts they offer. A few discounts might not be offered on policies in your area. To choose insurance companies that provide some of the discounts listed above, click this link.

Lower insurance rates with these tips

Many things are part of the calculation when premium rates are determined. Some factors are common sense like an MVR report, but others are not quite as obvious such as whether you are married or your vehicle rating.

Shown below are a few of the things used by companies to determine your rates.

  • Married drivers get better costs – Your spouse actually saves money on your insurance policy. Having a spouse generally demonstrates drivers are more financially stable and it’s statistically proven that married drivers tend to have fewer serious accidents.
  • How’s your driving record? – Whether or not you get tickets has a huge affect on how much you pay. Attentive drivers get better prices than people who have multiple driving citations. Even one driving citation can increase rates by as much as thirty percent. Drivers with multiple violations like hit and run, DWI or reckless driving convictions might be required by their state to file a proof of financial responsibility form (SR-22) with their state’s licensing department in order to prevent their license from being revoked.
  • Big city or small town – Being located in a rural area can be a good thing when trying to find low car insurance rates. Residents of big cities have more auto accidents and higher rates of accident claims. Lower population translates into fewer accident claims and a lower car theft rate.
  • Use one insurance company and save – Many companies will give lower prices to policyholders that have more than one policy in the form of a multi-policy discount. The discount can be 10 percent or more. Even with this discount, you still need to compare rates to guarantee you are still saving the most. It’s possible to still find better rates even if you have your coverage with different companies
  • Gender impacts prices – Statistics show women are more cautious behind the wheel. However, don’t assume that men are worse drivers. Both genders are in at-fault accidents in similar percentages, but the male of the species tend to have higher claims. Not only that, but men also get higher numbers of serious violations such as driving while intoxicated (DWI) or driving recklessly.
  • A coverage lapse can increase rates – Letting your insurance expire can be a sure-fire way to increase your renewal premiums. And not only will your rates increase, failure to provide proof of insurance could result in fines and jail time. You may have to submit proof of financial responsibility or a SR-22 with your state DMV.
  • Keep insurance claims to a minimum – If you are a frequent claim filer, you can pretty much guarantee either policy cancellation or increased premiums. Car insurance companies provide lower rates to policyholders that do not abuse their auto insurance. Auto insurance is intended for major claims that would cause financial hardship.
  • Do you know you’re credit rating? – A driver’s credit history will be a significant factor in calculating your insurance rates. If your credit can use some improvement, you may save money insuring your 2002 Audi A4 if you improve your credit rating. Insureds with very high credit ratings tend to be more responsible than drivers who have lower credit ratings.

Tailor your auto insurance coverage to you

When buying the best auto insurance coverage, there really is no perfect coverage plan. Each situation is unique.

Here are some questions about coverages that might point out if your situation could use an agent’s help.

  • Can my teen driver be rated on a liability-only vehicle?
  • Is business equipment covered while in my vehicle?
  • Will filing a claim cost me more?
  • What happens if I owe more than my 2002 Audi A4 is worth?
  • How can I get high-risk coverage after a DUI?
  • Does insurance cover tools stolen from my truck?
  • How much liability coverage do I need in my state?
  • Am I covered if I drive in a foreign country?
  • Does liability extend to a camper or trailer?
  • Do I need medical payments coverage since I have good health insurance?

If you can’t answer these questions but one or more may apply to you then you might want to talk to a licensed agent. If you don’t have a local agent, simply complete this short form.

The largest companies are not always cheapest

Car insurance companies such as Geico, State Farm and Progressive regularly use ads in print and on television. They all seem to advertise the message about saving some big amount just by moving to them. How is it plausible that every one can save you money? It’s all in the wording.

Insurance companies look for specific characteristics for a prospective insured that earns them the highest profit. A good example of this type of insured should be between the ages of 40 and 55, has a low-risk occupation, and has a short commute. Any customer that fits those parameters will get a cheap rate quote as well as save a lot of money.

Insureds who do not meet those criteria will have to pay a higher premium and the customer buying from someone else. If you listen closely, the ads state “drivers who switch” but not “all drivers who get quotes” save the amount stated. That’s why insurance companies can confidently make claims like that.

Because of these techniques, you absolutely need to compare many company’s prices. It is just not possible to predict which car insurance company will be your best fit.

Educate yourself about auto insurance coverages

Learning about specific coverages of auto insurance can help you determine which coverages you need and proper limits and deductibles. The coverage terms in a policy can be difficult to understand and nobody wants to actually read their policy.

Coverage for collisions

Collision coverage covers damage to your A4 resulting from a collision with a stationary object or other vehicle. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims like sustaining damage from a pot hole, crashing into a ditch, damaging your car on a curb and hitting a parking meter. This coverage can be expensive, so analyze the benefit of dropping coverage from lower value vehicles. Another option is to increase the deductible to bring the cost down.

Comprehensive insurance

Comprehensive insurance pays for damage from a wide range of events other than collision. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things such as theft, hitting a deer, a tree branch falling on your vehicle, vandalism and hail damage. The highest amount a auto insurance company will pay at claim time is the market value of your vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

Uninsured/Underinsured Motorist (UM/UIM)

Your UM/UIM coverage provides protection from other drivers when they do not carry enough liability coverage. It can pay for medical payments for you and your occupants as well as damage to your Audi A4.

Since a lot of drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is a good idea. Most of the time these limits are set the same as your liablity limits.

Liability auto insurance

Liability insurance provides protection from injuries or damage you cause to other people or property by causing an accident. It protects you from legal claims by others. It does not cover damage sustained by your vehicle in an accident.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see policy limits of 25/50/25 which stand for a $25,000 limit per person for injuries, a limit of $50,000 in injury protection per accident, and $25,000 of coverage for damaged propery. Occasionally you may see a combined single limit or CSL which combines the three limits into one amount rather than limiting it on a per person basis.

Liability coverage protects against claims such as court costs, repair costs for stationary objects, legal defense fees, structural damage and repair bills for other people’s vehicles. How much liability should you purchase? That is up to you, but consider buying higher limits if possible.

Med pay and Personal Injury Protection (PIP)

Personal Injury Protection (PIP) and medical payments coverage pay for immediate expenses such as pain medications, chiropractic care, nursing services and rehabilitation expenses. They are used in conjunction with a health insurance program or if you lack health insurance entirely. Medical payments and PIP cover both the driver and occupants in addition to being hit by a car walking across the street. Personal injury protection coverage is not universally available and gives slightly broader coverage than med pay

Have money to burn

As you prepare to switch companies, don’t be tempted to sacrifice coverage to reduce premiums. There are many occasions where an insured cut comprehensive coverage or liability limits to discover at claim time that the few dollars in savings costed them thousands. The ultimate goal is to buy enough coverage at the lowest possible cost and still be able to protect your assets.

More affordable insurance coverage is possible from both online companies in addition to local insurance agencies, and you should compare price quotes from both in order to have the best price selection to choose from. Some insurance providers may not provide price quotes online and usually these small, regional companies sell through independent insurance agents.

In this article, we covered some good ideas how to lower your 2002 Audi A4 insurance prices. The key thing to remember is the more companies you get rates for, the better your comparison will be. You may be surprised to find that the most savings is with a lesser-known regional company.

Additional insurance coverage information can be read at these links: