2021 Audi S3 Insurance Rates in 2024 – 9 Tips to Save

Are you drained from not being able to afford to pay high car insurance rates every month? You are no different than the majority of other vehicle owners.

Having so many insurance companies to choose from, it’s nearly impossible to pick a more affordable insurance company.

Finding the best rates is not that difficult. If you have car insurance now, you should be able to save some money using this information. But drivers must know the way insurance companies sell online because it can help you find the best coverage.

Compare quotes for insurance

When looking for inexpensive auto insurance quotes, there are a couple ways to compare prices from all the different companies. The fastest way to find competitive Audi S3 insurance rates is to get quotes online. This can be done in a couple of different ways.

The recommended way consumers can make multiple comparisons would be an industry-wide quote request form. This style of form prevents you from having to do repetitive form submissions for each price estimate. Completing one form gets prices estimates from multiple low-cost companies.

A slightly less efficient method to compare rate quotes consists of going to the website for every company you want to compare and fill out a new quote form. For example, let’s assume you want to see prices from Liberty Mutual, GEICO and Farmers. In order to compare rates, you need to take the time to go to each site to enter your coverage information, which is why the first method is more popular.

Whichever method you choose, be sure you’re using apples-to-apples coverage information for each quote you get. If you compare different liability limits it will be very difficult to decipher which rate is best. Just slight variations in coverage limits can mean a large discrepancy in price. Just keep in mind that comparing all the rates in your area gives you a better chance of getting more affordable rates.

Take these nine policy discounts and save

Insurance is expensive, but you might be missing out on some discounts that many people don’t even know exist. Larger premium reductions will be automatically applied when you quote, but once in a while a discount must be manually applied prior to getting the savings.

• Use Seat Belts – Drivers who require all vehicle occupants to fasten their seat belts can save up to 10 percent (depending on the company) on the medical payments or PIP coverage costs.
• Waiver for an Accident – This isn’t a discount exactly, but some companies like Progressive, Allstate, and Liberty Mutual permit an accident before hitting you with a surcharge as long as you don’t have any claims for a set time period.
• Discount for Life Insurance – If the company offers life insurance, you could get better rates if you take out a life insurance policy as well.
• Senior Citizen Discount – If you’re over the age of 55, you are able to get better insurance rates for S3 coverage.
• Claim-Free Discount – Drivers with accident-free driving histories pay less compared to drivers who are more careless.
• Policy Bundle Discount – If you have multiple policies with the same insurance company they may give you a discount of at least 10% off all policies.
• Multiple Cars – Insuring multiple vehicles on the same insurance policy can reduce rates for all insured vehicles.
• Distant Student – Any of your kids who live away from home at college and don’t have a car can be insured at a reduced rate.
• Low Miles Discount – Driving fewer miles may enable drivers to earn lower prices on the low mileage vehicles.

As a sidenote, some of the credits will not apply to the overall cost of the policy. Most only reduce individual premiums such as liability, collision or medical payments. So even though they make it sound like all the discounts add up to a free policy, insurance companies wouldn’t stay in business.

A few of the larger companies and their offered discounts include:

• Progressive includes discounts for continuous coverage, online signing, multi-vehicle, homeowner, multi-policy, and good student.
• GEICO offers discounts for anti-lock brakes, membership and employees, federal employee, five-year accident-free, anti-theft, defensive driver, and air bags.
• State Farm discounts include good driver, Steer Clear safe driver discount, multiple policy, accident-free, passive restraint, Drive Safe & Save, and defensive driving training.
• Esurance has savings for good student, anti-lock brakes, renters, homeowner, online shopper, and defensive driver.
• The Hartford has discounts for anti-theft, vehicle fuel type, bundle, good student, air bag, and defensive driver.

Check with all companies you are considering which discounts they offer. Some credits may not apply to policies in your area. To choose providers that have a full spectrum of discounts, enter your zip code here.

Which policy gives me the best coverage?

When it comes to choosing coverage, there isn’t really a “best” method to buy coverage. Your needs are not the same as everyone else’s and your policy should reflect that. Here are some questions about coverages that can aid in determining if your insurance needs might need professional guidance.

• How many claims can I have before being cancelled?
• Why is insurance for a teen driver so high?
• Do I need medical payments coverage since I have good health insurance?
• Should I get collision insurance on every vehicle?
• How much can I save by bundling my policies?
• When should my teen driver be added to my policy?

If you can’t answer these questions but you think they might apply to your situation, you might consider talking to a licensed insurance agent. If you don’t have a local agent, complete your zip code.

Information about specific coverages

Understanding the coverages of your policy can be of help when determining which coverages you need at the best deductibles and correct limits. Policy terminology can be ambiguous and nobody wants to actually read their policy. Shown next are typical coverage types offered by insurance companies.

Comprehensive or Other Than Collision

Comprehensive insurance coverage covers damage from a wide range of events other than collision. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive can pay for things such as hail damage, falling objects, hitting a bird and theft. 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.

Coverage for collisions

Collision coverage pays for damage to your S3 resulting from a collision with another car or object. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims such as colliding with another moving vehicle, hitting a mailbox, crashing into a ditch and hitting a parking meter. Paying for collision coverage can be pricey, so consider removing coverage from lower value vehicles. It’s also possible to raise the deductible in order to get cheaper collision rates.

Medical costs insurance

Coverage for medical payments and/or PIP kick in for bills such as nursing services, pain medications, prosthetic devices, X-ray expenses and surgery. They are used in conjunction with a health insurance program or if you do not have health coverage. Medical payments and PIP cover both the driver and occupants and will also cover 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

Liability auto insurance

This coverage will cover damage that occurs to people or other property. It protects you against other people’s claims, and doesn’t cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see policy limits of 25/50/25 which means a $25,000 limit per person for injuries, a per accident bodily injury limit of $50,000, and a limit of $25,000 paid for damaged property.

Liability can pay for things like medical services, legal defense fees, repair bills for other people’s vehicles and loss of income. The amount of liability coverage you purchase is a personal decision, but you should buy as large an amount as possible.

UM/UIM Coverage

Uninsured or Underinsured Motorist coverage provides protection when the “other guys” either have no liability insurance or not enough. Covered losses include hospital bills for your injuries as well as damage to your Audi S3.

Due to the fact that many drivers carry very low liability coverage limits, their limits can quickly be used up. This is the reason having UM/UIM coverage is a good idea.

Affordable insurance is out there

More affordable insurance is possible online as well as from insurance agents, and you should compare rates from both in order to have the best chance of saving money. Some insurance companies don’t offer online price quotes and most of the time these regional insurance providers work with local independent agents.

We covered some good ideas how you can lower your 2021 Audi S3 insurance prices. The key thing to remember is the more times you quote, the better chance you’ll have of finding cheaper auto insurance. Consumers could even find that the best prices are with some of the lesser-known companies. Some small companies often have lower rates on specific markets than their larger competitors like State Farm, GEICO and Nationwide.