View 2021 Audi S7 Insurance Rates in 2024

Having to pay for high-priced Audi S7 insurance can deplete your monthly budget and put a big crunch on your finances. You have multiple car insurance companies to pick from, and although it’s nice to be able to choose, it can be more difficult to find a good deal.

Discounts for cheap car insurance rates

Car insurance is not inexpensive, but you may be missing some discounts that could help you make your next renewal payment. Many of these discounts will be applied automatically at quote time, but some may not be applied and must be asked for before being credited.

• Safety Course Discount – Taking a defensive driver course may get you a small discount and also improve your driving technique.
• Discounts for Responsible Drivers – Accident-free drivers can save up to 40% or more on their insurance coverage quote for S7 coverage than less cautious drivers.
• Driver’s Ed – Reduce the cost of insurance for teen drivers by having them successfully take a drivers education course as it will make them better drivers and lower rates.
• Active Military Service – Being deployed with a military unit can result in better rates.
• Pay Early and Save – By making one initial payment rather than paying in monthly installments you may have a lower total premium amount.

As a sidenote, many deductions do not apply to the entire cost. The majority will only reduce individual premiums such as liability, collision or medical payments. So even though you would think adding up those discounts means a free policy, you’re out of luck.

A list of car insurance companies and their offered discounts can be found below.

• Mercury Insurance policyholders can earn discounts including good student, good driver, multi-policy, location of vehicle, accident-free, and ease of repair.
• Farmers Insurance may have discounts that include alternative fuel, early shopping, business and professional, bundle discounts, homeowner, switch companies, and electronic funds transfer.
• Farm Bureau offers discounts including renewal discount, driver training, youthful driver, good student, safe driver, multi-policy, and 55 and retired.
• State Farm offers premium reductions for student away at school, anti-theft, Steer Clear safe driver discount, good student, driver’s education, and good driver.
• Allstate includes discounts for FullPay discount, farm vehicle, resident student, premier discount, and early signing.
• GEICO discounts include daytime running lights, anti-theft, driver training, air bags, seat belt use, membership and employees, and defensive driver.

If you need lower rates, check with all the companies which discounts they offer. Some discounts listed above may not apply to policies in your area.

Informed drivers can reduce their insurance prices

Many factors are taken into consideration when you get a price on insurance. Some are pretty understandable such as traffic violations, but some are not quite as obvious such as whether you are married and annual miles driven. An important part of buying insurance is that you know a few of the rating criteria that help determine your insurance rates. If you have a feel for what influences your rates, this enables you to make decisions that may reward you with big savings.

• How much liability protection do you need? – Your policy’s liability coverage provides coverage if ever a court rules you are at fault for personal injury or accident damage. It provides legal defense coverage up to the limits shown on your policy. Liability insurance is pretty cheap compared to other policy coverages, so buy as much as you can afford.
• Getting married can save you money – Having a significant other may save some money when shopping for insurance. Having a significant other means you’re more stable financially and insurance companies like that married drivers get in fewer accidents.
• What are your physical damage deductibles? – Physical damage insurance, also called ‘full coverage’, is used to repair damage to your vehicle. Examples of some claims that would be covered are a dented fender, damage caused by hail, and burglary. Comp and collision deductibles define how much you are required to pay in the event of a claim. The more damage repair cost the insured is willing to pay, the less your insurance will be for S7 coverage.
• GPS tracking and theft deterrents reduce premiums – Buying a car with a theft deterrent system can save you some money. Anti-theft devices like OnStar, LoJack tracking, and tamper alarms can thwart your vehicle from being stolen.
• Eliminate incidental coverages – Insurance companies have many extra coverages that may not really be needed if you aren’t diligent. Coverage for things like rental car coverage, towing coverage, and Farm Bureau memberships may be costing you every month. The coverages may be enticing when deciding what coverages you need, but now you might not need them so consider taking them off your policy.
• Better rates for being claim-free – If you’re an insured who likes to file claims you can pretty much guarantee either higher rates or even cancellation. Auto insurance companies award most affordable rates to drivers who do not file claims often. Auto insurance is intended to be relied upon for major claims that would cause financial hardship.

Tailor your insurance coverage to you

When it comes to buying the right insurance coverage, there really is no “perfect” insurance plan. Every situation is different and a cookie cutter policy won’t apply. Here are some questions about coverages that can help discover if your situation could use an agent’s help.

• Does my liability insurance cover pulling a trailer or camper?
• If my 2021 Audi S7 is totaled, can I afford another vehicle?
• When would I need rental car insurance?
• What is UM/UIM insurance?
• Does having multiple vehicles earn me a discount?
• Am I covered if I crash into my own garage door?
• Is business equipment covered while in my vehicle?

If you’re not sure about those questions then you might want to talk to an insurance agent. To find lower rates from a local agent, fill out your zip code. It’s fast, doesn’t cost anything and can help protect your family.

Auto insurance buyers beware

Consumers constantly see and hear ads that promise big savings for switching from the likes of State Farm, GEICO and Progressive. All the ads try to convey promises that drivers can save some big amount if you get a free insurance coverage quote and switch your coverage.

But how can every company charge less that you’re paying now? This is how they do it.

Auto insurance companies have specific criteria for the type of driver that will not have excessive claims. A good example of a desirable insured could be over age 30, has no claims, and drives newer vehicles. Someone that meets those criteria may get the lowest car insurance rates and therefore will save when switching.

People who are not a match for these stringent criteria will get higher premium rates which usually ends up with the prospect going elsewhere. If you pay attention, the ads say “drivers that switch” not “everyone that quotes” save that much. That’s why insurance companies can confidently make the claims of big savings. This illustrates why you really need to get price quotes at each policy renewal. Because without a comparison, you cannot know which insurance companies will have the best prices at this point in time.

The coverage is in the details

Learning about specific coverages of your policy aids in choosing which coverages you need and proper limits and deductibles. The coverage terms in a policy can be impossible to understand and nobody wants to actually read their policy. Listed below are typical coverages found on most auto insurance policies.

Comprehensive or Other Than Collision – This coverage pays for damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for claims like hitting a bird, a broken windshield, hail damage, rock chips in glass and falling objects. The most your auto insurance company will pay is the ACV or actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

Collision coverages – Collision insurance covers damage to your S7 resulting from a collision with another car or object. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims such as sideswiping another vehicle, crashing into a building, crashing into a ditch, colliding with another moving vehicle and backing into a parked car. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Drivers also have the option to bump up the deductible to bring the cost down.

Medical costs insurance – Personal Injury Protection (PIP) and medical payments coverage provide coverage for immediate expenses for doctor visits, pain medications, surgery, rehabilitation expenses and EMT expenses. They are used to fill the gap from your health insurance plan or if you are not covered by health insurance. Medical payments and PIP cover not only the driver but also the vehicle occupants and will also cover any family member struck as a pedestrian. PIP is not universally available but can be used in place of medical payments coverage

UM/UIM Coverage – Uninsured or Underinsured Motorist coverage gives you protection when the “other guys” are uninsured or don’t have enough coverage. It can pay for injuries to you and your family as well as your vehicle’s damage.

Since many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is very important.

Liability auto insurance – Liability coverage protects you from injuries or damage you cause to other people or property by causing an accident. This coverage protects you against claims from other people, and doesn’t cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You might see limits of 25/50/25 which means $25,000 in coverage for each person’s injuries, $50,000 for the entire accident, and $25,000 of coverage for damaged property.

Liability coverage pays for claims such as repair bills for other people’s vehicles, loss of income and emergency aid. How much liability should you purchase? That is a decision to put some thought into, but you should buy higher limits if possible.

One last thing

Cheaper 2021 Audi S7 insurance is available both online in addition to local insurance agencies, and you need to price shop both so you have a total pricing picture. Some insurance companies do not provide rates over the internet and these smaller providers provide coverage only through independent agencies.

We just showed you some good ideas how to get a better price on 2021 Audi S7 insurance. The key thing to remember is the more quotes you get, the better chance you’ll have of finding affordable insurance coverage. You may even discover the best car insurance rates are with a small mutual company. These smaller insurers often have lower premium rates on specific markets than their larger competitors like GEICO and State Farm.