Save Money on Audi A3 Insurance in Bakersfield

Anyone knows that insurance companies don’t want you comparing rates. Drivers who get comparison quotes once a year will probably switch companies because they stand a good chance of finding good coverage at a lower price. A recent survey revealed that consumers who compared rates annually saved $3,500 over four years as compared to drivers who never shopped for cheaper rates.

If saving the most money on Audi A3 insurance in Bakersfield is your ultimate target, understanding the best ways to shop for insurance rates can make the process more efficient.

The best way we recommend to find more affordable Audi A3 insurance is to regularly compare quotes from insurers in Bakersfield.

1. Get a basic knowledge of auto insurance and the steps you can take to drop your rates. Many risk factors that cause high rates such as multiple speeding tickets and poor credit rating can be remedied by making minor changes to your lifestyle. This article provides tips to help keep prices low and find missing discounts.
2. Obtain price quotes from direct, independent, and exclusive agents. Direct companies and exclusive agencies can provide rates from a single company like Progressive or Farmers Insurance, while independent agents can quote prices for a wide range of companies.
3. Compare the new quotes to your current policy premium and determine if cheaper A3 coverage is available. If you find a lower rate quote and make a switch, ensure there is no coverage lapse between policies.
4. Provide notification to your current company of your decision to cancel your current coverage and submit a completed application and payment for your new coverage. As soon as you can, put the new certificate verifying proof of insurance in your vehicle.

An important bit of advice to remember is to use the same level of coverage on every quote request and and to compare as many auto insurance providers as possible. This ensures a fair price comparison and a complete price analysis.

Data for Audi A3 insurance

The price information shown below outlines different coverage costs for Audi A3 models. Being more informed about how insurance policy rates are figured is important for drivers to make informed decisions when comparing rates.

Data based on single female driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and California minimum liability limits. Discounts applied include safe-driver, claim-free, multi-policy, multi-vehicle, and homeowner. Estimates do not factor in vehicle location which can modify prices considerably.

Higher deductibles save money

A question often asked by Bakersfield drivers is how high should your deductibles be. The rates shown below lay out how much more rates are between high and low deductibles. The first table uses a $250 physical damage deductible and the second price table uses a $500 deductible.

Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include multi-policy, safe-driver, claim-free, homeowner, and multi-vehicle. Price information does not factor in specific location which can affect coverage rates greatly.

Using the premium rates above, we can conclude that using a $250 deductible would cost the average driver about $18 more each month or $216 each year than requesting the higher $500 deductible. Due to the fact that you would have to pay $250 more to file a claim with a $500 deductible as compared to a $250 deductible, if you go at least 14 months between claims, you would save more money if you decide on a higher deductible.

One important caveat is that increasing deductibles to save money means you pay more out-of-pocket when you have a comprehensive or collision claim. You need some funds available in the event you have to pay the deductible for vehicle repair.

The diagram below demonstrates how deductible levels and can impact Audi A3 insurance premiums for different age groups. The premium estimates are based on a single female driver, full coverage, and no policy discounts are applied.

Audi A3 full coverage rates compared to liability only

The diagram below shows the difference between Audi A3 insurance premiums with full physical damage coverage compared to only buying liability only. The data is based on no tickets, no at-fault accidents, $500 deductibles, marital status is single, and no discounts are applied to the premium.

When to drop comprehensive and collision

There isn’t a steadfast formula to delete full coverage, but there is a general guideline you can use. If the annual cost of coverage is about 10% or more of any settlement you would receive from your insurance company, then you may need to consider dropping full coverage.

For example, let’s pretend your Audi A3 replacement cost is $7,000 and you have $1,000 policy deductibles. If your vehicle is severely damaged, the most your company will settle for is $6,000 after you pay the deductible. If premium cost is more than $600 a year to have full coverage, then you might want to think about dropping full coverage.

There are some situations where buying only liability insurance is not advised. If you have an outstanding loan on your vehicle, you are required to maintain full coverage as part of the loan conditions. Also, if your finances do not allow you to purchase a different vehicle if your current one is totaled, you should keep full coverage in place.

Components of Your Audi A3 Insurance Prices

Many things are used in the calculation when you get a price on insurance. Some are pretty understandable like an MVR report, but other factors are less obvious such as your marital status or your commute time.

The itemized list below are some of the most rate-impacting factors auto insurance companies consider when setting your rate level.

• Pay less with a high safety rating – Vehicles with good safety scores can get you lower premiums. The safest vehicles have better occupant injury protection and fewer injuries means less money paid by your insurance company passed on to you as lower rates. If the Audi A3 has ratings of a minimum an “acceptable” rating on the Insurance Institute for Highway Safety website you may pay a lower rate.
• The more you drive the more you pay – The more you drive every year the more it will cost to insure it. The majority of insurers rate vehicles based upon how you use the vehicle. Vehicles left parked in the garage qualify for better rates than vehicles that have high annual mileage. An incorrectly rated A3 is throwing money out the window. Ask your agent if your policy properly reflects annual mileage.
• No policy claims equals lower prices – If you’re an insured who likes to file claims don’t be surprised to see either policy cancellation or increased premiums. Car insurance companies in California generally give discounts to policyholders who are claim-free. Your insurance policy is designed for claims that you cannot pay yourself.

• Battle of the sexes – Statistics show that women are safer drivers than men. However, this does not mean females are better at driving than males. Females and males are responsible for accidents at a similar rate, but men tend to have higher claims. Men also receive more major tickets like DUI and reckless driving.

  The chart below shows the difference between Audi A3 yearly insurance costs for male and female drivers. The information is based on no driving violations, no at-fault accidents, comprehensive and collision coverage, $250 deductibles, drivers are not married, and no discounts are applied to the premium.

• Big cities mean more claims – Being located in small towns and rural areas is a good thing when insuring your vehicles. Fewer people translates into fewer accidents as well as less vandalism and auto theft. Drivers in populated California areas tend to have traffic congestion and much longer commute distances. Higher commute times can result in more accidents.
• Only buy what you need – Insurance companies have many add-on coverages that can waste your money if you aren’t diligent. Insurance for things like rental car reimbursement, high-cost glass coverage, and term life insurance are examples of these. These may sound like a good investment when discussing your needs, but now you might not need them so eliminate the coverages to reduce your premium.
• Having a spouse can save on auto insurance – Having a significant other helps lower the price on your auto insurance policy. Having a spouse is viewed as being more mature and insurance companies reward insureds because being married results in fewer claims.
• Maintain auto insurance coverage – Not having insurance is illegal and companies may charge more for letting your insurance expire. And not only will insurance be more expensive, getting caught without coverage might get you fines and jail time. You will then be forced to prove you have insurance by filing a SR-22 with the California department of motor vehicles.

• Audi A3 insurance loss statistics – Companies include the past claim trends for vehicles as a tool for profitable underwriting. Models that the statistics show to have increased claim numbers or amounts will have higher rates for specific coverages.

  The table shown below demonstrates the historical insurance loss data for Audi A3 vehicles. For each type of coverage, the statistical loss for all vehicles as a whole is equal to 100. Values below 100 suggest losses that are better than average, while values over 100 point to more losses or an increased chance of a larger loss.

  
  

  Insurance Loss Ratings for Audi A3 Vehicles

  Specific Audi Model	Collision	Property Damage	Comp	Personal Injury	Medical Payment	Bodily Injury
  Audi A3 4dr 2WD	152	90	109	85
  Audi A3 4dr 4WD	147	73	111	80

  BETTER

  AVERAGE

  WORSE

  Empty fields indicate not enough data collected
  Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Lower rates by being persistent

We just presented a lot of ways to find affordable Audi A3 insurance in Bakersfield. The most important thing to understand is the more rate quotes you have, the better likelihood of getting low cost Bakersfield car insurance quotes. You may even discover the best car insurance rates are with the least-expected company. Regional companies may only write in your state and offer lower premium rates as compared to the big name companies such as GEICO and State Farm.

Low-cost Audi A3 insurance in Bakersfield is attainable both online and with local Bakersfield insurance agents, so you need to quote Bakersfield car insurance with both so you have a total pricing picture. Some insurance companies may not provide online quoting and these regional insurance providers only sell coverage through independent agents.

To read more, link through to the resources below:

• Coverage Information (Progressive Insurance)
• Who Has Affordable Car Insurance Rates for a Toyota Camry in Bakersfield? (FAQ)
• Older Driver Statistics (Insurance Information Institute)
• Things to Know Before you Cancel Insurance (Allstate)