Shopping for insurance is a key part of the car-buying process. If you’re looking to buy a new or used Audi A4 or just wanting to shop around different insurance companies for your existing car, there are several considerations to make before deciding on an insurance provider. There are many factors that influence your insurance rates, and knowing what they are will allow you to find the best deal for your situation. Let’s look at information to consider when shopping for Audi A4 insurance.
Considerations When Buying Car Insurance
When shopping for car insurance for your Audi A4, understand that rates can vary depending on your coverage type. For example, if you want to have a low deductible, you’ll likely need to pay a higher premium. Here are some other considerations to keep in mind:
Rate Factors
Each insurance company bases its rates on different factors. These can include driving history, insurance records, and type of car. You might even see changes based on gender and age, so understanding these can help you find the best deal. Consider consulting with a customer service representative to discuss these factors and determine how they might affect your rate. You can also ask how the company’s rating system works. For example, some companies consider accidents within the past three years part of your record, while others include upward of four years of driving history.
Discounts
Check with different insurance companies to see if you can receive discounts when purchasing a plan. You might qualify for these if you’re a part of a club or an association. Many times, insurance companies offer discounts to students, veterans, or drivers that are accident-free. Taking a defensive driving course can also help you get a discount on your monthly premium.
Optional Coverage
Each state requires specific coverage when driving a vehicle. However, insurance companies offer additional coverage options you might want to pursue. For an additional cost, you might acquire insurance that covers rental reimbursements or medical payments. If you’re looking for a lower rate, you might forgo these additional options.
Things To Consider When Buying Audi A4 Insurance
Several factors specific to the Audi A4 can affect the type of coverage you get and the rates you might pay. As a luxury midsize sedan, you might pay higher premiums for the A4 compared to other vehicles, such as compact sedans. How you plan to use the vehicle, including for off-roading, commuting, or racing, can also affect the amount you pay for insurance. Your location can affect the premium, as well. For example, living in a city with high car theft numbers can increase the cost of your premium.
The A4 comes with several packages that upgrade the features and equipment on your vehicle. With some of these, you might see an increase in your premium, as the parts might be more expensive to repair or replace. Though these factors might increase insurance costs, the A4 is a safe vehicle, with the ability to protect both the car and its passengers. Because of this, you might see a lower premium. Safety features such as anti-lock braking systems, air bags, and parking sensors can all lower the cost of your insurance.
How Much Does It Cost?
According to Expert Insurance Reviews, the average cost to insure an Audi A4 is $129 per month. This comes out to about $1,544 per year and is about $25 higher than the average amount people pay for insurance. For older Audi models, you might consider a liability-only policy for around $52 per month, depending on the laws in your state.
As with all insurance, different factors can influence this price. For example, teenagers driving an Audi A4 might pay up to $470 per month, while experienced drivers could receive good-driver discounts that can save them more than $600. High-risk drivers and people who want lower deductibles often pay the next-highest amounts to teenagers. Here are some of the key factors that can influence insurance rates and the prices you might find:
Age of Vehicle
The age of your A4 can affect how much you pay for your insurance. Older cars typically cost less than newer cars. This is often because the parts required to fix new cars are more valuable. For example, if you purchase a 2010 Audi A4, you can save almost $300 annually.
Age of Driver
Generally, the older you get, the more affordable insurance becomes. This can vary depending on other factors, but if you have a clean driving record, you can expect to pay much less if you’re 30 or older. The average you might pay drops by more than half between your 20s and 30s.
Location
Location can play a key part in the price of your A4 insurance. For example, you might pay less if you live in a rural area compared to a big city. This is likely because of the higher levels of theft and a higher probability of accidents in bigger cities. Cities where you can expect to pay the most for insurance include Los Angeles, New York, and Houston.
Driving Record
Speeding violations and accidents can almost double your insurance premiums. This can vary based on age, too. For example, a 20-year-old with a speeding ticket and an accident on their record might pay more than $6,000 annually. If you have a single speeding ticket, you might only pay slightly more for insurance than drivers with clean records.
Cheapest Insurance Providers for Your A4
Each insurance company offers different prices for A4 insurance. Some of the lower pricing options include:
- GEICO: $657 per year
- USAA: $778 per year*
- State Farm: $822 per year
- Progressive: $969 per year
- Nationwide: $1033 per year
*USAA is only available to military members and their families.
With this information, you can ensure you find the best rate for your needs. Whether you drive a new A4 or a used one, understanding these key factors about the insurance process and prices can help when shopping around.
At FIXD, our mission is to make car ownership as simple, easy, and affordable as possible. Our research team utilizes the latest automotive data and insights to create tools and resources that help drivers get peace of mind and save money over the life of their car.
