Scraping up a payment for pricey Audi A7 insurance in Colorado Springs can eat up your checking account and force you to make sacrifices. Comparing cost estimates can help to ensure you are getting the best deal.
Shocking but true, nearly 70% of customers kept their policy with the same company for four years or more, and nearly 40% of drivers have never even compared quotes to find cheaper rates. Many consumers in Colorado can cut their rates by almost 35% a year, but most tend to underestimate the large savings they would see if they just switched companies. Due to the large number of choices of insurance companies that have lower-cost insurance for an Audi A7 in Colorado Springs, it can be impossible to pick the most affordable insurer.
It's a good habit to do rate comparisons before your next renewal because prices are variable and change quite frequently. Despite the fact that you may have had the best rates on Audi A7 insurance in Colorado Springs last year there is a good chance you can find better rate quotes now. Forget anything you know (or think you know) about car insurance because I'm going to let you in on the secrets to how to quote online to buy cheaper Audi A7 insurance in Colorado Springs.
Our goal is to familiarize you with the best way to buy inexpensive insurance. If you have a policy now, you will most likely be able to find better prices using the techniques covered below. Vehicle owners just need to understand the tricks to quote multiple rates from many companies at once.
How to shop Audi A7 insurance online
Finding a better price on car insurance is pretty simple and can save money. All that's required is to invest a little time comparing rates to discover which company has cheaper Colorado Springs auto insurance quotes.
Comparison shopping rate quotes online is easy and it makes it a waste of time to call or drive to and from local Colorado Springs insurance agencies. Comparing Audi A7 insurance rate quotes online eliminates the middleman unless you want the professional assistance of a local agency. Some companies do allow you to get prices online but purchase the actual policy in an agency.
The following companies have been selected to offer price comparisons in Colorado Springs, CO. If you wish to find cheap car insurance in Colorado, we suggest you click on several of them to get the lowest price.
Car insurance just makes sense
Despite the high cost, paying for car insurance may be mandatory for several reasons.
- The majority of states have mandatory liability insurance requirements which means the state requires a specific level of liability protection in order to be legal. In Colorado these limits are 25/50/15 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $15,000 of property damage coverage.
- If your vehicle has a lienholder, almost every bank will require you to have insurance to guarantee their interest in the vehicle. If you let the policy lapse, the lender will be forced to insure your Audi at a significantly higher premium and make you pay the higher premium.
- Insurance protects not only your car but also your assets. It will also reimburse you for most medical and hospital costs for both you and anyone you injure as the result of an accident. One of the most valuable coverages, liability insurance, also pays expenses related to your legal defense if anyone sues you for causing an accident. If your Audi gets damaged, comprehensive and collision coverage will cover the repair costs.
The benefits of buying car insurance are without a doubt worth the cost, especially if you ever need it. Today the average American driver is overpaying over $865 each year so it's very important to do a rate comparison every year to ensure rates are inline.
Slash rates with these seven premium slashing discounts
Not too many consumers would say insurance is affordable, but you might be missing out on some discounts to reduce the price significantly. A few discounts will be applied when you quote, but some must be requested specifically prior to receiving the credit.
- Accident Forgiveness Coverage - Not a discount per se, but certain companies will turn a blind eye to one accident without getting socked with a rate hike if you are claim-free for a specific time period.
- Telematics Data Discounts - Drivers who elect to allow data collection to study driving manner remotely such as State Farm's In-Drive may see discounts if their driving habits are good.
- Military Rewards - Having an actively deployed family member may qualify for rate reductions.
- Discounts for Safe Drivers - Insureds without accidents can save up to 40% or more on their Colorado Springs auto insurance quote than their less cautious counterparts.
- Pay Early and Save - If you can afford to pay the entire bill instead of monthly or quarterly installments you could save up to 5%.
- Early Switch Discount - A few larger companies offer discounts for signing up early. You may see this discount when you get Colorado Springs auto insurance quotes online.
- Defensive Driver Discount - Participating in a class that teaches driver safety techniques could cut 5% off your bill if you qualify.
A little note about advertised discounts, most discount credits are not given to the entire policy premium. Most only cut individual premiums such as collision or personal injury protection. Despite the appearance that you would end up receiving a 100% discount, company stockholders wouldn't be very happy.
Companies that may include these money-saving discounts are:
Check with every insurance company which discounts you qualify for. All car insurance discounts may not apply to policyholders in Colorado Springs. To choose companies that offer discounts in Colorado Springs, click here to view.
Insurance agents can help
A lot of people prefer to talk to an insurance agent and often times that is recommended Experienced insurance agents can make sure you are properly covered and give you someone to call. One of the great benefits of getting free rate quotes online is the fact that drivers can get cheaper car insurance rates and still buy from a local agent. Supporting local insurance agencies is especially important in Colorado Springs.
Once you complete this simple form, your information is transmitted to participating agents in Colorado Springs who can give free rate quotes and help you find cheaper coverage. It simplifies rate comparisons since you won't have to even leave your home as quotes are delivered to your email. If you want to get a price quote from a specific insurance provider, you would need to go to their quote page and submit a quote form there.
Shown below is a short list of insurers in Colorado Springs who can help you get price quotes for Audi A7 insurance in Colorado Springs.
Ross Silva Agency - American Family Insurance
2746 E Bijou St - Colorado Springs, CO 80909 - (719) 597-2800 - View Map
Larry Lucero - State Farm Insurance Agent
5225 Academy Blvd N #108 - Colorado Springs, CO 80918 - (719) 599-8661 - View Map
American Family Insurance - Michael Brandl Agency Inc.
1965 Dominion Way Ste 120 - Colorado Springs, CO 80918 - (719) 630-7557 - View Map
Selecting an insurance company requires you to look at more than just a cheap price quote. Before buying a policy in Colorado Springs, get answers to these questions.
- Does the agency support the community they serve?
- How are they compensated?
- Are they giving you every discount you deserve?
- Do the coverages you're quoting properly cover your vehicle?
- Do they offer accident forgiveness?
- Will they take your side in the event of a claim?
- Can glass claims be handled at your home?
- Is there a 24/7 contact number?
After you get answers to your satisfaction to your questions and an affordable coverage quote, you've probably found a company that will insure your vehicles.
Which policy gives me the best coverage?
When choosing proper insurance coverage, there isn't really a one-size-fits-all type of policy. Each situation is unique and a cookie cutter policy won't apply. For instance, these questions could help you determine if your situation might need professional guidance.
- Am I covered when driving in Canada or Mexico?
- Is my teen driver covered when they drive my company car?
- Is rental equipment covered for theft or damage?
- Do I really need UM/UIM coverage?
- Should I rate my vehicle as business use?
- What if I don't agree with a claim settlement offer?
- What are good deductibles for a Audi A7?
- Is business equipment covered while in my vehicle?
- Should I buy full coverage?
If you don't know the answers to these questions but you know they apply to you then you might want to talk to a licensed agent. To find an agent in your area, fill out this quick form or you can also visit this page to select a carrier It's fast, doesn't cost anything and can help protect your family.
Insurance coverage breakdown
Knowing the specifics of your policy can help you determine appropriate coverage for your vehicles. The terms used in a policy can be confusing and coverage can change by endorsement. These are typical coverages offered by insurance companies.
Coverage for liability - Liability insurance provides protection from damage or injury you incur to other people or property in an accident. It protects YOU against claims from other people, and doesn't cover your injuries or vehicle damage.
Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You might see policy limits of 25/50/15 that means you have a $25,000 limit per person for injuries, a per accident bodily injury limit of $50,000, and property damage coverage for $15,000. Alternatively, you may have one limit called combined single limit (CSL) which provides one coverage limit and claims can be made without the split limit restrictions.
Liability insurance covers things such as attorney fees, repair bills for other people's vehicles, funeral expenses and court costs. The amount of liability coverage you purchase is up to you, but consider buying higher limits if possible. Colorado requires drivers to carry at least 25/50/15 but you should think about purchasing more coverage.
The next chart shows why the minimum limit may not be adequate coverage.
Comprehensive insurance - Comprehensive insurance coverage pays for damage OTHER than collision with another vehicle or object. You first must pay your deductible and then insurance will cover the rest of the damage.
Comprehensive coverage protects against things like fire damage, a broken windshield, damage from getting keyed and hail damage. The highest amount a insurance company will pay at claim time is the market value of your vehicle, so if the vehicle's value is low it's not worth carrying full coverage.
Med pay and Personal Injury Protection (PIP) - Medical payments and Personal Injury Protection insurance pay for expenses such as surgery, prosthetic devices and dental work. They can be utilized in addition to your health insurance policy or if you are not covered by health insurance. They cover both the driver and occupants as well as if you are hit as a while walking down the street. Personal injury protection coverage is not universally available but can be used in place of medical payments coverage
Uninsured/Underinsured Motorist (UM/UIM) - This gives you protection from other drivers when they either have no liability insurance or not enough. Covered losses include hospital bills for your injuries and also any damage incurred to your Audi A7.
Since many Colorado drivers only carry the minimum required liability limits (Colorado limits are 25/50/15), their liability coverage can quickly be exhausted. So UM/UIM coverage is important protection for you and your family. Frequently the UM/UIM limits do not exceed the liability coverage limits.
Collision - This coverage covers damage to your A7 resulting from a collision with another vehicle or an object, but not an animal. You will need to pay your deductible then your collision coverage will kick in.
Collision insurance covers claims such as sustaining damage from a pot hole, crashing into a building, damaging your car on a curb and hitting a mailbox. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from lower value vehicles. Drivers also have the option to choose a higher deductible on your A7 to get cheaper collision coverage.
The best insurance company isn't always the cheapest
You just read many ways to shop for Audi A7 insurance online. The key concept to understand is the more rate comparisons you have, the higher your chance of finding affordable Colorado Springs auto insurance quotes. Consumers may even find the best price on insurance is with a company that doesn't do a lot of advertising. They may only write in your state and offer lower car insurance rates than the large multi-state companies such as Progressive or GEICO.
As you prepare to switch companies, make sure you don't skimp on critical coverages to save a buck or two. In many instances, someone dropped physical damage coverage and found out when filing a claim that the few dollars in savings costed them thousands. Your goal should be to buy the best coverage you can find at the best possible price, but do not sacrifice coverage to save money.
Lower-priced Audi A7 insurance in Colorado Springs is definitely available on the web in addition to many Colorado Springs insurance agents, and you need to price shop both in order to have the best price selection to choose from. Some insurance providers do not provide online price quotes and these regional insurance providers provide coverage only through local independent agencies.
How to save on Audi A7 insurance in Colorado Springs
If you want to save the most money, the best way to find low-cost prices for Audi A7 insurance in Colorado Springs is to begin comparing prices regularly from insurance carriers in Colorado. Prices can be compared by following these guidelines.
Step 1: It will benefit you to learn about what coverages are included in your policy and the modifications you can make to prevent high rates. Many factors that result in higher rates like accidents, careless driving, and a less-than-favorable credit history can be eliminated by making minor changes in your lifestyle.
Step 2: Compare rates from exclusive agents, independent agents, and direct providers. Exclusive and direct companies can only give prices from a single company like Progressive or Farmers Insurance, while independent agents can give you price quotes from multiple insurance companies.
Step 3: Compare the price quotes to your current policy and see if you can save money. If you find a better price and buy the policy, ensure coverage does not lapse between policies.
Step 4: Give notification to your current company of your decision to cancel your existing policy. Submit payment and a completed application for the new policy. As soon as coverage is bound, place your new certificate verifying proof of insurance with the vehicle registration.
The key aspect of shopping around is to try to use identical deductibles and limits on every quote and and to get rates from every insurance company. This helps ensure a level playing field and the best price selection.
More tips and info about insurance is available in these articles:
- Collision Insurance Coverage (Nationwide)
- Who Has Affordable Auto Insurance Rates for Drivers Over Age 50 in Colorado Springs? (FAQ)
- How Much are Car Insurance Quotes for First-time Drivers in Colorado Springs? (FAQ)
- Who Has the Cheapest Auto Insurance Quotes for a Ford Fusion in Colorado Springs? (FAQ)
- How Much is Auto Insurance for Low Credit Scores in Colorado Springs? (FAQ)
- How Much are Car Insurance Rates for a GMC Sierra in Colorado Springs? (FAQ)
- Who Has Cheap Auto Insurance Quotes for a Chevrolet Traverse in Colorado Springs? (FAQ)
- What Car Insurance is Cheapest for Low Mileage Drivers in Colorado Springs? (FAQ)
- What Car Insurance is Cheapest for Hybrid Vehicles in Colorado Springs? (FAQ)
- Auto Insurance Basics (Insurance Information Institute)
- Rental Reimbursement Coverage (Allstate)
- Auto Theft Statistics (Insurance Information Institute)
- Should I Buy a New or Used Car? (Allstate)