How many years has it been since you compared more competitive Audi S5 insurance in Los Angeles? Do you get overwhelmed by the wide range of car insurance companies in your area? California people have so many options that it can really be a chore to find the lowest price for Audi S5 insurance in Los Angeles. Everyone knows that Los Angeles is an awesome place to live, but the high premiums for car insurance can make it nearly impossible for many drivers to afford coverage.
Everyone knows that insurance companies don’t want policyholders to shop around. Drivers who do rate comparisons will most likely switch to a new company because there is a good probability of finding a more affordable policy. A recent survey found that drivers who compared prices regularly saved an average of $865 a year compared to people who don’t make a habit of comparing rates.
If finding the cheapest rates on insurance in Los Angeles is your target objective, learning how to quote and compare insurance rates can save money and time.
If you are insured now, you will most likely be able to find better prices using the ideas presented in this article. We hope to help you learn how to compare rates easily and also save some money in the process Although California vehicle owners do need to learn the methods companies use to price online insurance.
Keep in mind that comparing a wide range of rates will improve the odds of getting more affordable rates.
The following companies provide comparison quotes in Los Angeles, CA. If multiple providers are shown, it’s highly recommended you visit several of them to find the most competitive auto insurance rates.
Insurance is an important decision
Even though it can be expensive, buying insurance is required in California but it also protects you in many ways.
- Most states have minimum liability requirements which means it is punishable by state law to not carry specific minimum amounts of liability protection if you don’t want to risk a ticket. In California these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.
- If you took out a loan on your Audi, almost every bank will make it mandatory that you have physical damage coverage to ensure they get paid if you total the vehicle. If you let the policy lapse, the bank will be required to insure your Audi at an extremely high rate and force you to pay for the much more expensive policy.
- Insurance protects not only your Audi but also your assets. Insurance will also pay for medical expenses for not only you but also any passengers injured in an accident. One of the most valuable coverages, liability insurance, also pays expenses related to your legal defense in the event you are sued. If damage is caused by hail or an accident, comprehensive and collision coverage will pay to restore your vehicle to like-new condition.
The benefits of buying insurance definitely exceed the price paid, specifically if you ever have a liability claim. The average driver in America is currently overpaying as much as $810 a year so it’s very important to do a rate comparison at every policy renewal to ensure rates are competitive.
Data for Audi S5 insurance
The coverage table displayed next highlights detailed analysis of insurance rates for Audi S5 models. Being more informed about how insurance policy rates are figured can assist in making smart choices when selecting a coverage provider.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| S5 4.2 Quattro 2-Dr Coupe | $384 | $794 | $442 | $26 | $132 | $1,778 | $148 |
| S5 4.2 Quattro 2-Dr Coupe | $384 | $794 | $442 | $26 | $132 | $1,778 | $148 |
| S5 3.0 Quattro 2-Dr Convertible | $384 | $712 | $442 | $26 | $132 | $1,696 | $141 |
| S5 4.2 Quattro 2-Dr Coupe | $384 | $878 | $442 | $26 | $132 | $1,862 | $155 |
| S5 4.2 Quattro 2-Dr Coupe | $384 | $878 | $442 | $26 | $132 | $1,862 | $155 |
| S5 3.0 Quattro 2-Dr Convertible | $420 | $794 | $442 | $26 | $132 | $1,814 | $151 |
| Get Your Own Customized Quote Go | |||||||
Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and California minimum liability limits. Discounts applied include multi-policy, multi-vehicle, homeowner, safe-driver, and claim-free. Estimates do not factor in vehicle garaging location which can impact rates significantly.
Auto insurance deductibles
One of the most common auto insurance questions is how high should the physical damage coverage deductibles be. The comparisons below may aid in understanding how much more rates are between high and low physical damage coverage deductibles. The first set of rates uses a $100 deductible for physical damage and the second price chart uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| S5 4.2 Quattro 2-Dr Coupe | $528 | $1176 | $442 | $26 | $132 | $2,329 | $194 |
| S5 4.2 Quattro 2-Dr Coupe | $528 | $1176 | $442 | $26 | $132 | $2,329 | $194 |
| S5 3.0 Quattro 2-Dr Convertible | $528 | $1054 | $442 | $26 | $132 | $2,207 | $184 |
| S5 4.2 Quattro 2-Dr Coupe | $528 | $1298 | $442 | $26 | $132 | $2,451 | $204 |
| S5 4.2 Quattro 2-Dr Coupe | $528 | $1298 | $442 | $26 | $132 | $2,451 | $204 |
| S5 3.0 Quattro 2-Dr Convertible | $576 | $1176 | $442 | $26 | $132 | $2,377 | $198 |
| Get Your Own Customized Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| S5 4.2 Quattro 2-Dr Coupe | $384 | $794 | $442 | $26 | $132 | $1,778 | $148 |
| S5 4.2 Quattro 2-Dr Coupe | $384 | $794 | $442 | $26 | $132 | $1,778 | $148 |
| S5 3.0 Quattro 2-Dr Convertible | $384 | $712 | $442 | $26 | $132 | $1,696 | $141 |
| S5 4.2 Quattro 2-Dr Coupe | $384 | $878 | $442 | $26 | $132 | $1,862 | $155 |
| S5 4.2 Quattro 2-Dr Coupe | $384 | $878 | $442 | $26 | $132 | $1,862 | $155 |
| S5 3.0 Quattro 2-Dr Convertible | $420 | $794 | $442 | $26 | $132 | $1,814 | $151 |
| Get Your Own Customized Quote Go | |||||||
Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include claim-free, safe-driver, homeowner, multi-vehicle, and multi-policy. Estimates do not factor in specific garaging location which can affect rates considerably.
Based on these figures, using a $100 deductible will cost you about $46 more each month or $552 a year across all Audi S5 models than opting for the higher $500 deductible. Since the policyholder would be required to pay $400 more out-of-pocket with a $500 deductible as compared to a $100 deductible, if you usually have at a minimum 9 months between claims, you would come out ahead by going with a higher deductible.
The diagram below illustrates how choosing a deductible and can affect Audi S5 yearly insurance costs for each age group. The rate quotes are based on a single male driver, full coverage, and no discounts are taken into consideration.
Auto insurance rates based on gender
The information below illustrates the comparison of Audi S5 annual premium costs for male and female drivers. Data assumes no claims or driving citations, full coverage, $500 deductibles, drivers are not married, and no discounts are factored in.
Full coverage versus liability only rates
The illustration below shows the comparison of Audi S5 auto insurance rates when comparing full coverage to liability only. The premium estimates are based on no accidents, no driving violations, $1,000 deductibles, single marital status, and no discounts are taken into consideration.
When to stop buying physical damage coverage
There isn’t a steadfast formula to exclude physical damage coverage on your policy, but there is a guideline you can use. If the yearly cost for physical damage coverage is more than about 10% of the replacement cost minus the deductible, then it might be time to buy liability only.
For example, let’s assume your Audi S5 book value is $8,000 and you have $1,000 deductibles. If your vehicle is severely damaged, the most you would receive is $7,000 after paying your deductible. If it’s costing you more than $700 annually for comprehensive and collision coverage, then it may be the right time to buy liability only.
There are some conditions where dropping physical damage coverage is not a good idea. If you have an outstanding loan on your vehicle, you have to carry full coverage as part of the loan conditions. Also, if you can’t afford to buy a different vehicle in case of an accident, you should keep full coverage on your policy.
Affordable rates by applying discounts
Companies offering auto insurance don’t always publicize all their discounts very clearly, so we break down both the well known and the more hidden insurance savings. If you are not receiving all the discounts possible, you could be saving more on your insurance.
- Smart Student Discounts – Excelling in school could provide a savings of up to 20% or more. Many companies even apply the discount to college students until age 25.
- Senior Citizen Discount – Seniors can possibly qualify for reduced rates.
- New Car Discount – Putting insurance on a new S5 can be considerably cheaper because newer vehicles keep occupants safer.
- Active Service Discounts – Having an actively deployed family member may lower your rates slightly.
- Los Angeles Homeowners Pay Less – Owning a house in Los Angeles can help you save on insurance because of the fact that having a home requires personal responsibility.
- Anti-theft Discount – Anti-theft and alarm system equipped vehicles help deter theft and earn discounts up to 10% off your Los Angeles car insurance quote.
- Resident Student – Older children who attend college more than 100 miles from Los Angeles and do not take a car to college can receive lower rates.
As a disclaimer on discounts, most of the big mark downs will not be given to the entire policy premium. Most cut specific coverage prices like medical payments or collision. So even though it sounds like you can get free auto insurance, insurance companies aren’t that generous. Any qualifying discounts should definitely cut your overall premium however.
The chart below illustrates the comparison of Audi S5 car insurance rates with and without discounts applied to the policy rates. The costs are based on a female driver, no driving violations, no at-fault accidents, California state minimum liability limits, comp and collision included, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, safe-driver, multi-car, claim-free, multi-policy, and marriage discounts applied.
A list of companies and a selection of discounts are included below.
- State Farm offers premium reductions for passive restraint, safe vehicle, Steer Clear safe driver discount, Drive Safe & Save, student away at school, and multiple autos.
- Farmers Insurance policyholders can earn discounts including electronic funds transfer, pay in full, early shopping, youthful driver, business and professional, mature driver, and distant student.
- GEICO discounts include defensive driver, driver training, anti-lock brakes, military active duty, multi-vehicle, and emergency military deployment.
- American Family may include discounts for good driver, TimeAway discount, air bags, good student, and Steer into Savings.
- Nationwide offers discounts for Farm Bureau membership, anti-theft, multi-policy, accident-free, and good student.
- Progressive has savings for online signing, multi-vehicle, online quote discount, homeowner, and multi-policy.
When quoting, ask every prospective company to apply every possible discount. Some of the earlier mentioned discounts may not apply to policies in Los Angeles. To view insurance companies who offer insurance discounts in California, follow this link.
What if I want to buy from local Los Angeles auto insurance agents?
Some consumers just prefer to visit with an insurance agent and often times that is recommended An additional benefit of price shopping on the web is that drivers can save money and get lower rates but still work with a licensed agent.
To find an agent, once you fill out this quick form, your insurance data is submitted to local insurance agents in Los Angeles who will return price quotes for your insurance coverage. There is no reason to contact any agents since price quotes are sent to your email. You’ll get the best rates without the usual hassles of price shopping. In the event you want to quote rates from a specific insurance company, you would need to find their quoting web page and fill out the quote form the provide.
Deciding on a provider requires you to look at more than just a cheap quote. These are some questions your agent should answer.
- Are claim adjusters local or do you have to take your car somewhere else?
- Is the agency involved in supporting local community causes?
- Is vehicle damage repaired with OEM or aftermarket parts?
- Which insurance company do they prefer to write with?
- Does the agency have a positive business rating?
If you want to buy insurance from a local insurance agency, you must know there are a couple different types of agents and how they can quote your rates. Insurance agencies are classified as either exclusive or independent.
Exclusive Insurance Agencies
These agents can only provide one company’s prices and some examples include AAA, Allstate, State Farm, or Farmers Insurance. Exclusive agencies are unable to shop your coverage around so they are skilled at selling on more than just price. Exclusive agencies are usually quite knowledgeable on sales techniques and that can be a competitive advantage. Consumers sometimes buy from the same agent for years primarily because of loyalty to the company and the convenience of having a single billing for all their coverages.
Shown below is a list of exclusive insurance agencies in Los Angeles that are able to give price quote information.
- Rodney Brown – State Farm Insurance Agent
7154 Melrose Ave – Los Angeles, CA 90046 – (323) 931-1466 – View Map - State Farm: Pogos Ichmelyan
750 Colorado Blvd – Los Angeles, CA 90041 – (323) 257-1107 – View Map - Stephan Buckley – State Farm Insurance Agent
4340 Leimert Blvd #201 – Los Angeles, CA 90008 – (323) 298-9022 – View Map
Independent Insurance Agents
Independent agents often have many company appointments so as a result can place your coverage through lots of different companies and get you the best rates possible. If you are not satisfied with one company, an independent agent can move your coverage which is easy for the insured.
When comparing insurance prices, we recommend you include rate quotes from a few independent agents to have the most options to choose from. Most independent agents also contract with mutual insurance companies that many times have cheaper rates.
Listed below are Los Angeles independent agents willing to provide rate quotes.
- Crown Reinas Insurance Agency
5331 N Figueroa St – Los Angeles, CA 90042 – (323) 550-1444 – View Map - Lloyd S. Berkett Insurance Agency, Inc.
11150 W Olympic Blvd # 1100 – Los Angeles, CA 90064 – (310) 857-5757 – View Map - InsurAide Insurance Agency, Inc. (IIA)
1081 Westwood Blvd Suite 218 – Los Angeles, CA 90024 – (310) 208-3548 – View Map
Compare but don’t skimp
When trying to cut insurance costs, it’s a bad idea to skimp on critical coverages to save a buck or two. There are many occasions where someone dropped collision coverage and found out when filing a claim that it was a big error on their part. Your goal should be to purchase plenty of coverage for the lowest price and still be able to protect your assets.
Consumers leave their current company for many reasons like being labeled a high risk driver, questionable increases in premium, policy non-renewal and even policy cancellation. It doesn’t matter why you want to switch finding a new insurance company is easier than you think.
Low-cost Audi S5 insurance in Los Angeles is attainable on the web in addition to many Los Angeles insurance agents, so you should compare both so you have a total pricing picture. Some insurance companies may not provide online price quotes and these regional carriers prefer to sell through local independent agencies.
To learn more, take a look at the following helpful articles:
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- How Much are Auto Insurance Rates for 18 Year Olds in Los Angeles? (FAQ)
- Who Has the Cheapest Car Insurance for Retired Military in Los Angeles? (FAQ)
- When is the Right Time to Switch Car Insurance Companies? (Allstate)
- Auto Insurance FAQ (Farmers Insurance)
- If I File a Claim will My Insurance Go Up? (Insurance Information Institute)