Compare Audi Q5 Insurance Quotes in Seattle

How long has it been since you sat down and looked for more affordable Audi Q5 insurance in Seattle? Are you a victim of an overpriced insurance policy? It’s a common feeling and many Seattle consumers are in the same pinch.

Unbelievable but true according to a study almost 70% of insureds renewed their policy with the same company for over three years, and virtually 40% of consumers have never taken the time to shop around. Drivers in Seattle can save about $400 each year by just comparing rate quotes, but most just don’t grasp the big savings they would realize if they replace their high priced policy. You have multiple insurance companies to purchase coverage from, and though it is a good thing to have a selection, more choices can make it harder to locate the cheapest rates for Audi Q5 insurance in Seattle.

You should make it a habit to shop coverage around periodically since prices fluctuate regularly. Even if you think you had the best rate on Audi Q5 insurance in Seattle a couple years back you may be paying too much now. Ignore everything you know about insurance because you’re going to get a crash course in one of the quickest ways to lower your annual insurance bill.

Getting a cheaper price on Audi Q5 insurance can be relatively painless. The only requirement is to take a few minutes comparing rates online with multiple companies.

Doing online rate quotes comparisons is so easy that it replaces the need to drive to different Seattle agent offices. The ability to quote Audi Q5 insurance online makes this process obsolete unless you prefer the extra assistance of an agent trained in personal lines coverage. You can, however, get the lowest quotes online and still use a local agent.

The following companies offer quotes in Washington. If multiple companies are shown, it’s highly recommended you visit as many as you can to find the cheapest car insurance rates.

Table data represents married female driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Washington minimum liability limits. Discounts applied include multi-vehicle, safe-driver, multi-policy, claim-free, and homeowner. Rate information does not factor in garaging location in Seattle which can change coverage prices significantly.

Comparison of full coverage and liability-only policies

The chart below shows the difference between Audi Q5 annual premium costs with and without physical damage coverage. The data is based on no claims or driving citations, $1,000 deductibles, married male driver, and no policy discounts are applied.

Are you wasting money paying for full coverage?

There is no definitive formula to stop buying full coverage on your policy, but there is a guideline you can use. If the annual cost of your full coverage insurance is about 10% or more of replacement cost minus your deductible, then you might want to consider buying only liability coverage.

For example, let’s pretend your Audi Q5 book value is $8,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled in an accident, you would only receive $7,000 after paying your policy deductible. If it’s costing you more than $700 annually for physical damage coverage, then it may be the right time to buy liability only.

There are a few cases where removing full coverage is not in your best interest. If you have an outstanding loan on your vehicle, you have to keep full coverage in order to satisfy the requirements of the loan. Also, if your finances do not allow you to purchase a different vehicle if your current one is damaged, you should not consider dropping full coverage.

Can higher deductibles save money?

When comparing car insurance rates, the most common question is how high should the physical damage deductibles be. The tables below sum up the differences in premium rates between high and low physical damage coverage deductibles. The first pricing table uses a $250 deductible for comprehensive and collision coverage and the second set of prices uses a $500 deductible.

Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, and Washington minimum liability limits. Discounts applied include claim-free, safe-driver, homeowner, multi-vehicle, and multi-policy. Prices do not factor in specific Seattle garaging location which can lower or raise coverage rates considerably.

Based on this data, we can arrive at the conclusion that using a $250 deductible would cost the average driver about $15 more each month or $180 every year than requesting the higher $500 deductible. Since you would pay $250 more to file a claim with a $500 deductible as compared to a $250 deductible, if you have more than 17 months between claim filings, you would save more money if you elect the higher deductible.

Why you need car insurance

Despite the high cost of buying insurance for a Audi Q5 in Seattle, insurance is most likely required but also gives you several important benefits.

• The majority of states have mandatory liability insurance requirements which means state laws require a specific minimum amount of liability insurance in order to license the vehicle. In Washington these limits are 25/50/10 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
• If you bought your Audi with a loan, it’s most likely the lender will make it mandatory that you carry insurance to ensure loan repayment if the vehicle is totalled. If you cancel or allow the policy to lapse, the bank may insure your Audi at a more expensive rate and force you to reimburse them for it.
• Insurance safeguards not only your Audi Q5 but also your assets. It also can pay for medical transport and hospital expenses for you, your passengers, and anyone else injured in an accident. Liability coverage, the one required by state law, also pays expenses related to your legal defense if you are named as a defendant in an auto accident. If damage is caused by hail or an accident, your car insurance policy will cover the repair costs.

The benefits of insuring your Q5 are without a doubt worth the cost, specifically if you ever have a liability claim. According to a recent study, the average American driver is overpaying more than $855 a year so you should quote rates every year to ensure rates are inline.

Smart Consumers Know How to Get Car Insurance More Affordably

Many factors are used in the calculation when premium rates are determined. Some are pretty understandable such as traffic violations, although some other factors are more transparent like where you live or your commute time.

Insurance prices and vehicle performance – The make and model of the car, truck or SUV you need insurance for makes a big difference in how high your rates are. Because the Audi Q5 falls in the luxury SUV class, insuring your vehicle will cost substantially more in price than the average rate where you live in Seattle. Lower cost passenger vehicles usually have the lowest premiums, but your final cost has many other factors.

Urban residents pay more – Residing in less populated areas of the country can be a good thing if you are looking for the lowest rates. Less people living in that area translates into fewer accident claims and also fewer theft and vandalism claims. City drivers tend to have more traffic problems and more severe claims. Longer commute distances means a statistically higher chance of an accident.

The more you drive the more you pay – The higher the mileage driven annually the more you will pay for car insurance. A lot of insurance companies rate vehicles based on their usage. Cars and trucks not used for work or commuting receive better premium rates than vehicles that have high annual mileage. An incorrectly rated Q5 may be wasting your money. Double check that your declarations sheet reflects annual mileage, because it can save money.

Safer cars save money – Vehicles with high crash test scores tend to have lower insurance rates. The safest vehicles reduce occupant injuries and any reduction in injury severity means your insurance company pays less which can result in lower premiums. If your Audi Q5 has ratings of a minimum four stars on Safercar.gov it is probably cheaper to insure.

Raising physical damage deductibles saves money – Physical damage insurance, aka comp and collision, protects your Audi from damage. Some coverage claims could be a dented fender, hail damage, and rolling your vehicle. Comp and collision deductibles are the amount of money you are willing to pay before your car insurance pays a claim. The more of the claim you’re willing to pay, the less your company will charge you for insurance.

How much liability insurance – The liability section of your policy is the protection when a jury decides you are liable for causing personal injury or damage in an accident. Liability provides you with a defense in court which can cost thousands of dollars. It is affordable coverage compared to physical damage coverage, so buy as much as you can afford.

Audi Q5 insurance loss data – Companies analyze claim trends for every vehicle to help calculate premium prices. Models that have higher claim frequency or loss amount will have a higher premium rate.

The information below illustrates the historical loss data for Audi Q5 vehicles. For each coverage category, the claim amount for all vehicles, regardless of make or model, is equal to 100. Percentage values below 100 suggest a better than average loss history, while percentage numbers above 100 indicate higher probability of having a loss or tendency to have higher losses.

Get cheaper Audi Q5 insurance rates in Seattle

Car insurance companies don’t always advertise all discounts in an easy-to-find place, so the following list contains some of the best known and also the lesser-known ways to save on car insurance.

• Discounts for New Vehicles – Putting car insurance coverage on a new Q5 may earn a small discount since new model year vehicles have better safety ratings.
• Active Military Service – Being on active duty in the military can result in better rates.
• Multi-line Discount – Insurance carriers who offer life insurance give lower prices if you buy some life insurance too.
• Discounts for Responsible Drivers – Drivers without accidents may save up to 50% more than their less cautious counterparts.
• Full Payment Discount – By paying your entire bill at once instead of monthly or quarterly installments you could save up to 5%.

Don’t be shocked that most of the big mark downs will not be given to the whole policy. Some only reduce the cost of specific coverages such as medical payments or collision. So even though they make it sound like having all the discounts means you get insurance for free, that’s just not realistic.

Popular car insurance companies and their offered discounts can be found below.

• GEICO offers discounts including five-year accident-free, air bags, multi-vehicle, emergency military deployment, anti-lock brakes, and seat belt use.
• USAA policyholders can earn discounts including vehicle storage, family discount, safe driver, multi-vehicle, defensive driver, multi-policy, and good student.
• Progressive offers discounts for multi-vehicle, multi-policy, good student, homeowner, continuous coverage, online signing, and online quote discount.
• American Family has savings for multi-vehicle, air bags, bundled insurance, defensive driver, TimeAway discount, good driver, and early bird.
• Esurance may include discounts for Switch & Save, multi-policy, anti-theft, defensive driver, and good student.
• Farmers Insurance may offer discounts for mature driver, good student, electronic funds transfer, switch companies, pay in full, and distant student.
• State Farm has discounts for safe vehicle, multiple autos, good driver, defensive driving training, driver’s education, and passive restraint.

Before you buy a policy, ask each insurance company which discounts can lower your rates. A few discounts might not be offered in your area.

Auto insurance can be complex

When choosing a policy for your vehicles, there really is not a best way to insure your cars. You are unique and your auto insurance should unique, too.
Here are some questions about coverages that may help highlight whether or not you would benefit from an agent’s advice.

• Do I need roadside assistance coverage?
• Can I rent a car in Mexico?
• Will damage be repaired with OEM parts?
• Is business equipment covered while in my vehicle?
• Can I make deliveries for my home business?
• Do I need rental car coverage?
• What happens if I owe more than my Audi Q5 is worth?
• When should my teen driver be added to my policy?
• Should I pay a claim out-of-pocket?

If you don’t know the answers to these questions but you think they might apply to your situation, then you may want to think about talking to an agent. To find an agent in your area, fill out this quick form or click here for a list of auto insurance companies in your area. It only takes a few minutes and may give you better protection.

Insurance is available from local agents

Certain consumers just prefer to go talk to an agent and that can be a great decision Agents can point out coverage gaps and help in the event of a claim. An additional benefit of comparing insurance online is the fact that drivers can get cheaper prices but still work with a licensed agent.

For easy comparison, once you complete this simple form, your insurance coverage information is transmitted to insurance agents in Seattle that give free quotes for your coverage. You won’t need to leave your house because quoted prices will be sent directly to your email. If you have a need to compare prices from one company in particular, just visit that company’s website and submit a quote form there.

Picking the best insurance company needs to be determined by more than just a cheap quote. Ask your prospective agent these questions:

• What insurance company do they write the most business with?
• What are their preferred companies if they are an independent agency?
• Will you get a loaner vehicle if you car is being repaired?
• Will they give you a referral list?
• Do they have cheaper tiers of coverage?
• Will vehicle repairs be made with aftermarket parts or OEM replacement parts?

Different types of Seattle auto insurance agents

If you prefer to buy insurance from a local insurance agency, it’s important to understand the different types of agents to choose from. Insurance agencies in Seattle can be categorized as either independent (non-exclusive) or exclusive. Both sell insurance policies, but it’s important to know how they are different because it can factor into buying decisions.

Exclusive Insurance Agents

Exclusive agencies can only provide pricing for a single company and some examples include Farmers Insurance or State Farm. Exclusive agents cannot provide other company’s prices so they really need to provide good service. Exclusive insurance agents are very knowledgeable on their company’s products which can be an advantage.

Shown below is a short list of exclusive insurance agencies in Seattle who may provide you with price quotes.

View more agents

Independent Agents

Independent agencies do not write with just one company and that gives them the ability to insure through lots of different companies and potentially find a lower price. If your agent finds better pricing, your policy is moved internally without you having to go to a different agency. If you need lower rates, you need to get several quotes from a couple of independent agencies so that you have a good selection of quotes to compare.

The following is a short list of independent insurance agencies in Seattle who can help you get price quote information.

View more agents

Once you have reasonable responses to any questions you have as well as a affordable price, most likely you have located an insurance agency that meets the criteria to insure your vehicles. Keep in mind policyholders can cancel coverage for any reason so never feel you’re contractually obligated to a policy for the full policy term.

Persistence will pay off

The cheapest Audi Q5 insurance in Seattle can be bought on the web and from local agencies, so you need to quote Seattle car insurance with both to get a complete price analysis. Some companies do not provide the ability to get a quote online and these smaller providers only sell through independent agencies.

As you restructure your insurance plan, it’s a bad idea to buy lower coverage limits just to save a few bucks. In many instances, an accident victim reduced uninsured motorist or liability limits only to regret at claim time that it was a big error on their part. Your objective should be to buy enough coverage at the best possible price while still protecting your assets.

More tips and info about auto insurance can be found in these articles:

• Keeping Children Safe in Crashes Video (iihs.org)
• What Insurance is Cheapest for Ride Shares in Seattle? (FAQ)
• What Car Insurance is Cheapest for a Toyota Highlander in Seattle? (FAQ)
• What Insurance is Cheapest for a Chevrolet Equinox in Seattle? (FAQ)
• Who Has Affordable Seattle Car Insurance Quotes for Lyft Drivers? (FAQ)
• How to Avoid Staged Accidents (State Farm)
• Honda warning system reduces insurance claims (Insurance Institute for Highway Safety)
• Credit and Insurance Scores (Insurance Information Institute)