2011 Audi S5 Insurance Rates in 2024

Paying cheap coverage rates for car insurance can seem to be quite difficult for drivers not familiar with online price comparisons. With more and more online companies available, it can easily become a lot of work to locate the lowest coverage rates.

You should make it a habit to do rate comparisons at least once a year because prices fluctuate regularly. Despite the fact that you may have had the lowest rates for S5 insurance a year ago a different company probably has better premium rates today. Forget all the misinformation about car insurance because you’re about to learn how to quote online to find the best coverage while lowering your premiums.

Use discounts to get cheaper auto insurance quotes

Some insurance providers do not list the complete list of policy discounts in an easy-to-find place, so we took the time to find both well-publicized as well as the least known discounts that you can inquire about if you buy insurance coverage online.

• Driver’s Ed – Cut your cost by having your teen driver successfully complete driver’s ed class if it’s offered in school.
• College Student – Youth drivers who are enrolled in higher education away from home and do not take a car to college may be insured at a cheaper rate.
• Early Switch Discount – Some auto insurance companies reward drivers for switching companies prior to your current policy expiring. It can save you around 10%.
• Senior Citizen Discount – Seniors may receive a small decrease in premiums for S5 insurance.
• Early Payment Discounts – By paying your entire bill at once rather than paying monthly you may reduce your total bill.
• Professional Organizations – Being in certain professional organizations could qualify you for a break on your next renewal.

A little note about advertised discounts, most discounts do not apply to the overall cost of the policy. Most cut the price of certain insurance coverages like physical damage coverage or medical payments. So when the math indicates all the discounts add up to a free policy, you won’t be that lucky. But all discounts will reduce your auto insurance premiums.

To view insurers that offer many of these discounts, enter your zip code here.

Ways to get insurance quotes

There are a lot of ways to compare insurance quotes, but there is one way that is less time-consuming than others. You can waste a few hours (or days) discussing policy coverages with insurance companies in your area, or you could use online quotes for quick rates.

Most of the best insurance companies participate in a marketplace that enables customers to send in one quote, and each participating company can provide price quotes based on that information. This system prevents you from having to do quote requests to each individual insurance company.

To compare rates now enter your zip code here.

The one disadvantage to doing it this way is buyers cannot specifically choose the insurers to get pricing from. So if you want to choose specific providers for rate comparison, we put together a list of the cheapest insurance companies in your area. Click to enter zip code.

It doesn’t matter which method you choose, just make sure you use the exact same quote information for each quote you get. If your comparisons have unequal deductibles or liability limits it will be next to impossible to get a fair rate comparison. Having just a slight variation in insurance coverages or limits may result in a large different in cost. It’s important to know that comparing more company’s prices helps increase your odds of locating a better price. Some companies don’t provide online rate quotes, so you should also compare rates on coverage from those companies, too.

Components of your Audi S5 insurance prices

Lots of factors are taken into consideration when quoting car insurance. Some factors are common sense like your driving record, although others are not as apparent like your continuous coverage or how financially stable you are.

• Premiums are affected by your credit score – Credit score is a big factor in determining what you pay. Drivers with excellent credit tend to be less risk to insure than those with poor credit. If your credit rating is lower than you’d like, you may save money insuring your 2011 Audi S5 by repairing your credit.
• Prevent theft and save – Owning a car with advanced anti-theft systems can help bring down rates. Anti-theft features like OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems can thwart vehicle theft.
• Higher rates for high stress jobs – Occupations such as military generals, executives and emergency personnel generally have higher premium rates because of high stress and long work days. On the other hand, careers like actors, athletes and retirees pay the least for S5 insurance.
• Gender matters – Statistics demonstrate women tend to be less risk to insure than men. However, this does not mean males are worse at driving than females. Both genders have fender benders in similar percentages, but guys tend to have more serious accidents. Not only are claims higher, but men receive more major tickets like DUI and reckless driving. Teenage male drivers tend to get in the most accidents and therefore have the most expensive car insurance rates.
• Fewer miles means better rates – The higher the miles on your Audi annually the higher the price you pay to insure it. Many insurance companies calculate rates based on how the vehicle is used. Vehicles that have low annual miles cost less to insure than those used for commuting. Improper usage on your S5 may be wasting your money. Ask your agent if your car insurance policy states the correct usage for each vehicle, because it can save money.
• Cars with good safety ratings means cheaper prices – Safe vehicles get lower rates. Vehicles engineered for safety reduce occupant injuries and reduced instances of injuries means your insurance company pays less and lower rates for you.

Tailor your insurance coverage to you

When it comes to choosing proper insurance coverage, there isn’t really a one size fits all plan. Your needs are not the same as everyone else’s.

Here are some questions about coverages that might help in determining if your insurance needs would benefit from professional advice.

• Does insurance cover damages from a DUI accident?
• Is my cargo covered for damage or theft?
• Is my trailer covered?
• Is other people’s property covered if stolen from my vehicle?
• How much can I save by bundling my policies?
• What is UM/UIM insurance?
• Can I rate high risk drivers on liability-only vehicles?
• What if I don’t agree with a claim settlement offer?
• I have good health insurance, so how much medical payments coverage do I need?
• Will my vehicle be repaired with OEM or aftermarket parts?

If you don’t know the answers to these questions, you may need to chat with a licensed insurance agent. If you want to speak to an agent in your area, take a second and enter your zip code.

Can you really save that much by switching?

Big name companies like Allstate, GEICO and Progressive seem to constantly run ads on TV and radio. All the ads advertise the message about how much you will save if you change your coverage to them. That’s great but how can every company sell you cheaper insurance coverage?

Most companies look for specific characteristics for the type of customer that will be a good risk. A good example of a desirable insured might have to be between 25 and 40, has no tickets, and drives newer vehicles. Anybody who meets those qualifications will probably get cheap car insurance rates and will also pay quite a bit less when switching companies.

Potential insureds who don’t meet the ideal profile may be required to pay higher rates and ends up with the customer not buying. Company advertisements say “people who switch” not “everyone that quotes” save that much money. That is how insurance companies can make it sound like they have such great prices. Different companies use different criteria so drivers must do a price quote comparison at every renewal. Because you never know which insurance company will have the lowest rates.

Specific coverages for a 2011 Audi S5

Having a good grasp of auto insurance helps when choosing which coverages you need at the best deductibles and correct limits. The coverage terms in a policy can be difficult to understand and reading a policy is terribly boring.

Collision – Collision insurance covers damage to your S5 resulting from colliding with another car or object. A deductible applies then the remaining damage will be paid by your insurance company.

Collision insurance covers things like crashing into a building, driving through your garage door and rolling your car. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are 8 years or older. It’s also possible to increase the deductible to get cheaper collision coverage.

Comprehensive or Other Than Collision – Comprehensive insurance coverage will pay to fix damage OTHER than collision with another vehicle or object. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers things such as hail damage, a broken windshield, theft, a tree branch falling on your vehicle and fire damage. The maximum payout you’ll receive from a claim is the ACV or actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Auto liability insurance – This coverage provides protection from damage or injury you incur to other people or property. This insurance protects YOU from claims by other people. It does not cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. Your policy might show policy limits of 50/100/50 which stand for $50,000 bodily injury coverage, $100,000 for the entire accident, and property damage coverage for $50,000.

Liability coverage pays for claims such as structural damage, loss of income and funeral expenses. How much coverage you buy is up to you, but it’s cheap coverage so purchase as much as you can afford.

UM/UIM Coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other drivers when they either have no liability insurance or not enough. Covered losses include injuries to you and your family as well as damage to your Audi S5.

Due to the fact that many drivers only carry the minimum required liability limits, their limits can quickly be used up. This is the reason having UM/UIM coverage should not be overlooked.

Medical costs insurance – Personal Injury Protection (PIP) and medical payments coverage provide coverage for immediate expenses like X-ray expenses, rehabilitation expenses and doctor visits. They are often used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. Coverage applies to all vehicle occupants and also covers being hit by a car walking across the street. PIP coverage is not universally available but can be used in place of medical payments coverage

Have money to burn

When getting insurance coverage quotes online, you should never skimp on critical coverages to save a buck or two. Too many times, an insured cut uninsured motorist or liability limits only to regret at claim time that it was a big error on their part. Your aim should be to get the best coverage possible for the lowest cost but still have enough coverage for asset protection.

People change insurance companies for a variety of reasons including an unsatisfactory settlement offer, lack of trust in their agent, delays in responding to claim requests or delays in paying claims. It doesn’t matter what your reason, finding a great new company can be easier than you think.

You just read a lot of ways to lower your 2011 Audi S5 insurance prices. It’s most important to understand that the more price quotes you have, the higher your chance of finding the cheapest insurance coverage. Drivers may discover the best price on insurance coverage is with some of the smallest insurance companies.