Lower Your 2022 Audi S7 Insurance Cost in 2024

Want the cheapest insurance rates for your Audi S7? Have you had enough of robbing Peter to pay Paul to pay your insurance bill each month? You are no different than most other consumers. Insurance companies such as State Farm, Allstate, GEICO and Progressive continually bombard you with ads and it can be hard to separate fact from fiction and find the best price available.

It’s a good idea to compare prices before your next renewal because insurance rates fluctuate regularly. Just because you found the best deal on S7 insurance on your last policy there may be better deals available now. There is a lot of bad information regarding insurance online but in this article, you’re going to get some great ideas on how to stop overpaying for insurance.

Affordable car insurance rates with discounts

Some insurers don’t always publicize every policy discount in a way that’s easy to find, so we took the time to find both the well known in addition to some of the lesser obvious car insurance savings.

• Active Service Discounts – Being deployed in the military may lower your premium rates slightly.
• Pay Upfront and Save – By making one initial payment rather than spreading payments over time you may have a lower total premium amount.
• Senior Discount – Drivers that qualify as senior citizens may receive a discount up to 10% on S7 insurance.
• Onboard Data Collection – Insureds that choose to allow their insurance company to track driving manner by using a small device installed in their vehicle such as In-Drive from State Farm or Allstate’s Drivewise system could save a few bucks if they are good drivers.
• Distant Student Discount – Any of your kids who live away from home at college and do not have a car can be insured at a reduced rate.
• Discount for Life Insurance – If the company offers life insurance, you could get a discount if you purchase life insurance.
• New Car Discount – Insuring a new car can cost up to 25% less since newer vehicles are generally safer.
• Good Students Pay Less – Getting good grades may save as much as 25% on a auto insurance quote. Earning this discount can benefit you up to age 25.
• Discounts for Seat Belt Usage – Using a seat belt and requiring all passengers to wear their seat belts can save 10% or more off the personal injury premium cost.

As a disclaimer on discounts, most discounts do not apply to the entire cost. Some only apply to the cost of specific coverages such as collision or personal injury protection. Just because it seems like all those discounts means the company will pay you, companies wouldn’t make money that way.

Companies and their offered discounts include:

• State Farm policyholders can earn discounts including good driver, multiple policy, Steer Clear safe driver discount, student away at school, multiple autos, good student, and defensive driving training.
• Nationwide has discounts for business or organization, good student, anti-theft, Farm Bureau membership, multi-policy, family plan, and accident-free.
• GEICO includes discounts for federal employee, daytime running lights, emergency military deployment, multi-vehicle, and multi-policy.
• AAA offers discounts for good driver, multi-car, anti-theft, good student, and multi-policy.
• 21st Century offers premium reductions for homeowners, early bird, good student, 55 and older, and anti-lock brakes.
• The Hartford offers discounts including vehicle fuel type, defensive driver, driver training, bundle, and air bag.

If you want cheap auto insurance quotes, ask each company or agent which discounts you may be entitled to. Depending on the company, some discounts may not apply to policyholders in your area.

How to shop insurance online

Finding a lower price on 2022 Audi S7 insurance can be relatively painless. You just have to invest a little time to get quotes from some recommended companies. Comparing prices online can be done by using one of the methods below.

The most efficient way consumers can make multiple comparisons is an all-inclusive rate comparison. This style of form prevents you from having to do separate quote forms for each company. One form submission will return quotes from many national carriers.

A slightly less efficient method to find lower rates requires you to visit each company website and repeat the quote process again and again. For examples sake, let’s assume you need rates from USAA, Liberty Mutual and Travelers. To get rate quotes you would need to take the time to go to each site and enter your information, and that explains why we recommend the first method.

The hardest method to compare price estimates is actually driving to insurance agencies in your area. Quoting and buying insurance online reduces the need to sit down with an agent unless you have a complicated situation and need the professional assistance only provided by licensed agents. However, consumers can obtain prices from the web but purchase the actual policy in an agency.

Whichever way you use, make darn sure you compare identical coverage limits for each comparison quote. If each company quotes unequal deductibles or liability limits it’s impossible to get a fair rate comparison.

The Audi S7 insurance rate equation

Many factors are used in the calculation when you get your auto insurance bill. Some are pretty understandable like a motor vehicle report, but some are less obvious such as your marital status or your financial responsibility.

• More traffic equals higher prices – Being located in smaller towns and rural areas of the country is a positive aspect when buying insurance coverage. Fewer drivers corresponds to lower accident rates and a lower car theft rate. People who live in big cities have more road rage incidents and a longer drive to work. More time commuting means a statistically higher chance of an accident.
• Don’t abuse claims – If you tend to file frequent claims, you can look forward to increased rates or even have your policy non-renewed. Insurance companies give lower rates to drivers who are not frequent claim filers. Insurance coverage is intended to be relied upon for the large, substantial claims.
• Married drivers pay less – Getting married actually saves money on insurance coverage. It translates into being less irresponsible and insurance companies like that married couples file fewer claims.
• With age comes lower costs – Drivers with little experience are known to get distracted easily when driving so they pay higher insurance coverage rates. Adding a youthful driver onto a policy can be very expensive. Older people are more cautious drivers, cause fewer claims and accidents and get fewer tickets.
• How many miles do you drive? – The higher the mileage driven in a year’s time the more you’ll pay to insure your vehicle. Almost all companies charge rates determined by how the vehicle is used. Autos used primarily for pleasure use receive lower rates than vehicles that have high annual mileage. It’s a good idea to make sure your insurance coverage declarations sheet is showing annual mileage. An improperly rated S7 can cost quite a bit.
• Higher rates for specific vocations – Jobs like doctors, architects and medical professionals generally pay higher premium rates because of intense work requirements and extremely grueling work hours. On the other hand, jobs like farmers, athletes and performers have lower than average premiums on S7 insurance.
• Accidents drive up prices – Whether or not you get tickets has a big impact on rates. Drivers with clean records tend to pay less for car insurance compared to bad drivers. Getting just one citation may cause rates to rise by as much as twenty percent. Drivers with multiple tickets like reckless driving, hit and run or driving under the influence may find that they have to to file a proof of financial responsibility form (SR-22) to the state department of motor vehicles in order to legally drive.
• Never go without insurance coverage – Allowing your insurance coverage policy to lapse is a guaranteed way to drive up your policy premiums. And not only will your rates increase, the inability to provide proof of insurance may result in a fine, jail time, or a revoked license.

Tailor your car insurance coverage to you

When choosing adequate coverage, there is no cookie cutter policy. Every insured’s situation is different so your insurance should reflect that Here are some questions about coverages that might help in determining if you could use an agent’s help.

• Is pleasure use cheaper than using my 2022 Audi S7 to commute?
• What if I owe more than I can insure my car for?
• When should I remove comp and collision on my 2022 Audi S7?
• Is Motor Club coverage worth it?
• When can I cancel my policy?
• Am I covered when driving someone else’s vehicle?
• Is rental equipment covered for theft or damage?
• When does my teenage driver need to be added to my policy?
• Is my business laptop covered if it gets stolen from my vehicle?
• How do I buy GAP insurance?

If you’re not sure about those questions, then you may want to think about talking to a licensed insurance agent. If you don’t have a local agent, fill out your zip code. It is quick, free and may give you better protection.

Insurance advertising tricks

Drivers can’t avoid all the ads for the lowest price insurance coverage from companies such as Progressive, Allstate and GEICO. They all seem to make the point that you can save just by moving your insurance coverage policy to them.

That’s great but how can every company make the same claim? This is the trick they use.

All companies offer their best rates for a prospective insured that will not have excessive claims. An example of a driver they prefer could be over the age of 35, has no claims, and drives a car with an anti-theft system. A customer getting a price quote that hits that “sweet spot” receive the lowest rate quotes and will most likely cut their rates substantially.

People who cannot meet those standards will probably have to pay higher prices which usually ends up with the prospect going elsewhere. The trick is to say “drivers who switch” not “everyone that quotes” save that much money. That’s why insurance companies can confidently make claims that they all have the best prices.

This really illustrates why you absolutely need to do a rate comparison at every renewal. It is just not possible to predict which insurance coverage company will have the best premium rates at this point in time.

Insurance coverage basics

Knowing the specifics of a insurance policy aids in choosing which coverages you need and the correct deductibles and limits. The terms used in a policy can be confusing and even agents have difficulty translating policy wording. Below you’ll find typical coverages offered by insurance companies.

Collision protection

Collision insurance will pay to fix damage to your S7 resulting from colliding with another vehicle or an object, but not an animal. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims like crashing into a ditch, damaging your car on a curb, backing into a parked car and hitting a mailbox. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are older. Drivers also have the option to bump up the deductible to get cheaper collision coverage.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance reimburse you for immediate expenses such as prosthetic devices, EMT expenses, rehabilitation expenses, hospital visits and pain medications. They can be used to fill the gap from your health insurance policy or if you do not have health coverage. Medical payments and PIP cover you and your occupants and will also cover being hit by a car walking across the street. PIP coverage is not available in all states but can be used in place of medical payments coverage

Auto liability

Liability coverage can cover injuries or damage you cause to people or other property. It protects YOU from legal claims by others. Liability doesn’t cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show values of 25/50/25 that means you have $25,000 in coverage for each person’s injuries, a per accident bodily injury limit of $50,000, and a limit of $25,000 paid for damaged property. Some companies may use a combined limit which combines the three limits into one amount with no separate limits for injury or property damage.

Liability coverage pays for claims like structural damage, medical services, repair bills for other people’s vehicles, emergency aid and bail bonds. How much coverage you buy is a personal decision, but you should buy as high a limit as you can afford.

Comprehensive insurance

Comprehensive insurance will pay to fix damage that is not covered by collision coverage. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims such as vandalism, a tree branch falling on your vehicle, damage from a tornado or hurricane and hail damage. The most you’ll receive from a claim is the cash value of the vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Uninsured/Underinsured Motorist (UM/UIM)

This protects you and your vehicle’s occupants from other motorists when they do not carry enough liability coverage. Covered losses include injuries to you and your family and also any damage incurred to your Audi S7.

Because many people only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is a good idea. Most of the time these limits are identical to your policy’s liability coverage.

Affordable insurance is out there

Lower-priced 2022 Audi S7 insurance can be found both online as well as from insurance agents, and you should compare rates from both to get a complete price analysis. Some auto insurance companies don’t offer rate quotes online and these regional insurance providers only sell coverage through independent insurance agents.

While you’re price shopping online, don’t be tempted to reduce coverage to reduce premium. In many cases, an accident victim reduced full coverage to discover at claim time that the savings was not a smart move. The proper strategy is to buy enough coverage at the lowest possible cost while not skimping on critical coverages.