Save Money on Audi A4 Insurance in Durham

Locating the lowest cost Durham Audi A4 insurance quotes online can be overwhelming for drivers who are beginners to quoting and comparing rates on the internet. When there are so many companies, how can anyone effectively compare every company to locate the lowest price available?

Unimaginable but true, most car insurance buyers kept their coverage with the same car insurance company for at least four years, and roughly 40% of drivers have never compared rates with other companies. Durham drivers can save 10% each year by just comparing rate quotes, but they mistakenly think it’s difficult to shop their coverage around.

If you have coverage now, you will be able to buy cheaper insurance using these tips. Buying more affordable insurance coverage in Durham can be fairly easy. Nevertheless, North Carolina vehicle owners must know the methods companies use to price online insurance.

Cheapest companies for Audi A4 insurance in North Carolina

The providers in the list below have been selected to offer free rate quotes in North Carolina. If you want to find the best auto insurance in North Carolina, it’s highly recommended you compare several of them to get a more complete price comparison.

Audi A4 insurance statistics and information

The table below showcases different insurance premium costs for Audi A4 models. Having a better understanding of how insurance policy rates are established can benefit drivers when making smart choices when purchasing an insurance policy.

Price data assumes married male driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and North Carolina minimum liability limits. Discounts applied include multi-policy, multi-vehicle, claim-free, homeowner, and safe-driver. Price information does not factor in vehicle location which can increase or decrease price quotes substantially.

Rate comparison for different deductibles

One common question asked by Durham drivers is what deductibles to buy. The comparison tables below can help show the cost difference of buying low and high deductibles. The first set of prices uses a $100 physical damage coverage deductible and the second set of prices uses a $1,000 deductible.

Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and North Carolina minimum liability limits. Discounts applied include multi-policy, claim-free, safe-driver, multi-vehicle, and homeowner. Table data does not factor in the specific area where the vehicle is garaged which can raise or lower rates noticeably.

Based on these figures, using a $100 deductible will cost you roughly $31 more each month or $372 a year averaged for all A4 models than requesting the higher $1,000 deductible. Since the policyholder would be required to pay $900 more if you turn in a claim with a $1,000 deductible as compared to a $100 deductible, if you tend to go at a minimum 29 months between claim filings, you would come out ahead going with the higher deductible.

The information below shows how choosing a deductible and can influence Audi A4 premium costs for different age groups of insureds. The price estimates are based on a single male driver, comprehensive and collision coverage, and no discounts are factored in.

Violations and accidents raise rates

The chart below shows how traffic citations and at-fault accidents influence Audi A4 insurance prices for each different age category. The data assumes a single male driver, full physical damage coverage, $500 deductibles, and no additional discounts are factored in.

Cost of full coverage in Durham

The example below illustrates the difference between Audi A4 insurance prices when comparing full coverage to liability only. The rates are based on no claims, a clean driving record, $250 deductibles, drivers are single, and no discounts are taken into consideration.

When to stop paying for full coverage

There is no set guideline of when to stop paying for comp and collision coverage, but there is a guideline you can consider. If the annual cost of your full coverage insurance is more than about 10% of the vehicle’s replacement cost less your deductible, then it could be time to drop full coverage.

For example, let’s assume your Audi A4 book value is $3,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled, you would only receive $2,000 after the policy deductible has been paid. If you are paying in excess of $200 a year for full coverage, then it may be the right time to buy liability only.

There are some scenarios where removing full coverage is not recommended. If you have an outstanding loan on your vehicle, you must maintain physical damage coverage to protect the lienholder’s interest. Also, if your emergency fund is not enough to purchase a different vehicle if your current one is damaged, you should keep full coverage.

Lower Insurance Rates with These Tips

A large part of saving on auto insurance is knowing the rating factors that go into determining your policy premiums. If you have some idea of what determines base rates, this allows you to make good choices that may result in lower rates.

Men tend to take more risk – Statistics have proven that men are more aggressive behind the wheel. However, don’t assume that women are better drivers. Both genders cause auto accidents in similar percentages, but guys have accidents that have higher claims. Men also statistically get more serious tickets like DWI (DUI) or reckless driving. Males from age 16 to 21 tend to get in the most accidents and are penalized with high auto insurance rates.

The diagram below shows the comparison of Audi A4 car insurance rates for male and female drivers. The premium estimates are based on no accidents or driving violations, full coverage, $100 deductibles, drivers are not married, and no policy discounts are applied.

Certain vocations raise rates – Careers like lawyers, architects, and emergency personnel generally have higher premiums than the average policyholder due to job stress and incredibly demanding work hours. Conversely, professions such as farmers, historians and performers get better rates.

Better prices on cars with good safety ratings – Cars with five star safety ratings get lower rates. Highly rated vehicles reduce the chance of injuries and any reduction in injury severity translates into savings for insurance companies passed on to you as lower rates.

Credit rating impacts rates – An insured’s credit history is a large factor in determining what you pay for auto insurance. People with high credit scores tend to file fewer claims and have better driving records than those with lower ratings. If your credit history can be improved, you could pay less to insure your Audi A4 by repairing your credit.

Do you qualify for a multi-policy discount? – Most major companies provide better rates for people who carry more than one policy such as combining an auto and homeowners policy. Discounts can add up to ten or even up to twenty percent in some cases. If you currently are using one company, you may still want to compare other Durham A4 insurance rates to guarantee you are still saving the most. You may still be able to save more without the discount by splitting coverages up.

Impacts performance impacts auto insurance rates – The type of car or truck you are trying to find cheaper insurance for makes a significant difference in how high your rates are. Lower cost passenger cars generally have the cheapest insurance rates, but the cost you end up paying is determined by many additional factors.

The chart below uses these assumptions: married female driver age 50, full coverage with $1000 deductibles, and no discounts or violations. It illustrates Audi A4 insurance rates compared to other models that have different performances.

Rate your vehicle for proper use – The higher the mileage driven annually the higher your rates will be. A lot of companies apply a rate determined by how the vehicle is used. Vehicles not used for work or commuting receive lower rates than cars that get driven a lot. It’s a smart idea to ensure your vehicle rating is rated on the proper vehicle usage. An incorrectly rated A4 is throwing money out the window.

Insurance loss data for an Audi A4 – Insurers take into consideration insurance loss statistics for every vehicle to calculate a price that will offset losses. Models that have higher claim amounts or frequency will have a higher cost to insure.

The table below shows the insurance loss data used by companies for Audi A4 vehicles. For each type of coverage, the statistical loss for all vehicles, without regard to make or model, is set at 100. Values below 100 suggest a better than average loss history, while values that are 100 or greater show a trend for more claims or tendency to have higher losses.

Don’t overlook these Audi A4 insurance discounts

Insurance is neither fun to buy or cheap, but you may find discounts to help offset the cost. Larger premium reductions will be automatically applied at the time you complete a quote, but some need to be manually applied before you get the savings.

• More Vehicles More Savings – Buying coverage for multiple vehicles on a single policy can reduce rates for all insured vehicles.
• Theft Deterrent System – Vehicles that have factory anti-theft systems prevent vehicle theft and will save you 10% or more on A4 insurance in Durham.
• Pay Early and Save – If you pay your entire premium ahead of time rather than spreading payments over time you may reduce your total bill.
• Good Student Discount – Being a good student can get you a discount of up to 25%. Many companies even apply the discount to college students up until you turn 25.
• Low Mileage Discounts – Low annual miles may allow you to get slightly better prices than normal.
• Renewal Discounts – Some insurance companies give discounts for switching companies prior to your current A4 insurance policy expiring. This can save 10% or more.
• Discount for New Cars – Adding a new car to your policy may earn a small discount because newer models have to meet stringent safety requirements.

A quick disclaimer, most credits do not apply to the entire policy premium. Most only cut individual premiums such as medical payments or collision. Just because it seems like you can get free auto insurance, companies don’t profit that way.

The diagram below shows the difference between Audi A4 insurance costs with and without discounts. The price estimates are based on a female driver, no accidents, no driving violations, North Carolina state minimum liability limits, comp and collision included, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, marriage, multi-car, claim-free, multi-policy, and homeowner discounts applied.

Large insurance companies and a partial list of their discounts are shown below.

• GEICO discounts include good student, five-year accident-free, multi-policy, air bags, driver training, and multi-vehicle.
• Travelers offers discounts including home ownership, new car, IntelliDrive, multi-car, payment discounts, driver training, and hybrid/electric vehicle.
• Nationwide may have discounts that include accident-free, family plan, defensive driving, Farm Bureau membership, anti-theft, and business or organization.
• Farmers Insurance may offer discounts for good student, distant student, business and professional, teen driver, alternative fuel, switch companies, and homeowner.
• Esurance has savings for homeowner, DriveSense, emergency road assistance, renters, good student, and Pac-12 alumni.
• State Farm offers discounts for Drive Safe & Save, defensive driving training, driver’s education, anti-theft, student away at school, and safe vehicle.
• Progressive has discounts for online quote discount, multi-policy, multi-vehicle, continuous coverage, good student, homeowner, and online signing.
• Mercury Insurance policyholders can earn discounts including good student, accident-free, low natural disaster claims, location of vehicle, and professional/association.

Double check with each company or agent how you can save money. Some discounts listed above might not apply in every state. To see a list of insurance companies that offer multiple discounts in Durham, click here.

Do I need an agent?

A small number of people just prefer to buy from a local agent and there is nothing wrong with that. The best thing about price shopping on the web is you may find cheap auto insurance rates but still work with a licensed agent.

By using this simple form, the coverage information is instantly submitted to local insurance agents who will give competitive quotes for your insurance coverage. There is no need to do any legwork since rate quotes are delivered directly to you. You can find the lowest rates without the usual hassles of price shopping. If for some reason you want to get a rate quote from a specific insurance company, just jump over to their website and fill out the quote form the provide.

Deciding on an company should include more criteria than just a low price. Ask your prospective agent these questions:

• Is assistance available after office hours?
• What company holds the largest book of business for them?
• Are there any hidden costs in their price quote and does it include driving and credit history?
• Is the coverage adequate for your vehicle?
• How will an accident affect your rates?
• Does the agent have professional designations like CIC, CPCU or AIC?
• Where are claims handled?
• What discounts might you be missing?

If you would like to find a local agent, it can be helpful to understand the types of agencies and how they work. Auto insurance agents in Durham can be classified as either independent agents or exclusive agents.

Exclusive Agencies

Agents that elect to be exclusive can only provide pricing for a single company and some examples include Allstate, Farmers Insurance, State Farm, and AAA. They generally cannot compare other company’s rates so they really need to provide good service. Exclusive agencies are trained well on their products and sales techniques which helps offset the inability to provide other markets. Consumers sometimes use the same agent mostly because of the prominent brand name rather than low rates.

Below is a list of exclusive agents in Durham who may provide you with price quote information.

• Shawn Cockerham – State Farm Insurance Agent
  5518 NC-55 – Durham, NC 27713 – (919) 316-3276 – View Map
• Rollie Olin – State Farm Insurance Agent
  4810 Hope Valley Rd #116 – Durham, NC 27707 – (919) 489-6008 – View Map
• Allstate Insurance Agent: Michelle Riley
  6015 Fayetteville Rd Ste 115 – Durham, NC 27713 – (919) 544-2155 – View Map

View more agents

Independent Auto Insurance Agents

Agents that choose to be independent are not employed by any specific company and that gives them the ability to insure with many different companies and potentially find a lower price. If they find a lower price, the agent simply finds a different carrier and that require little work on your part.

When comparison shopping, we recommend you get some free quotes from at least one independent agent to have the most options to choose from. Most can insure with different regional companies that many times have cheaper rates.

Below is a list of independent agencies in Durham that are able to give price quotes.

• Tyson Insurance
  3814 N Duke St # A – Durham, NC 27704 – (919) 471-8222 – View Map
• Bowen Agency, Inc.
  4905 Pine Cone Dr Suite 5 – Durham, NC 27707 – (919) 929-4222 – View Map
• Reliable Insurance Agency of North Carolina Inc.
  3325 Durham-Chapel Hill Blvd #200 – Durham, NC 27707 – (919) 864-9048 – View Map

View more agents

How to know if you need help

When quoting and comparing coverage online or from an agent for your personal vehicles, there really isn’t a one size fits all plan. You are unique.

These are some specific questions may help you determine whether your personal situation would benefit from an agent’s advice.

• Should I buy full coverage?
• When does my teenage driver need to be added to my policy?
• How do I buy GAP insurance?
• Does rental coverage apply when I am renting a car?
• Am I covered when driving someone else’s vehicle?
• Does coverage extend to my business vehicle?
• Why am I required to buy high-risk coverage?

If you don’t know the answers to these questions but one or more may apply to you, then you may want to think about talking to an agent. If you don’t have a local agent, simply complete this short form.

Find affordable rates by being thorough

Drivers change insurance companies for many reasons like an unsatisfactory settlement offer, extreme rates for teen drivers, high rates after DUI convictions and even lack of trust in their agent. Regardless of your reason for switching companies, finding a new company is pretty easy and you might even save some money in the process.

When buying insurance coverage, you should never reduce coverage to reduce premium. There are a lot of situations where an insured cut collision coverage only to find out that a couple dollars of savings turned into a financial nightmare. Your aim should be to find the BEST coverage at the best price, not the least amount of coverage.

Affordable Audi A4 insurance in Durham can be purchased online and also from your neighborhood Durham agents, and you need to comparison shop both in order to have the best chance of saving money. Some insurance providers do not offer the ability to get quotes online and these regional carriers only sell coverage through independent agencies.

Steps to finding affordable Audi A4 insurance in Durham

The preferred way to get the cheapest auto insurance rates in Durham is to start doing an annual price comparison from insurance carriers in North Carolina. Price quotes can be compared by following these guidelines.

First, learn about what is in your policy and the modifications you can make to keep rates low. Many rating criteria that increase rates like accidents, traffic tickets, and a negative credit score can be rectified by paying attention to minor details.

Second, compare prices from independent agents, exclusive agents, and direct companies. Direct companies and exclusive agencies can only give rate quotes from a single company like GEICO or Allstate, while independent agents can give you price quotes from multiple sources.

Third, compare the new rates to the premium of your current policy to see if you can save by switching companies. If you find a better price and switch companies, make sure the effective date of the new policy is the same as the expiration date of the old one.

One key aspect of rate comparisons is to try to compare the same level of coverage on each quote request and and to analyze as many companies as you can. This enables a fair price comparison and a complete price analysis.

For more information, take a look at the articles below:

• Rental Reimbursement Coverage (Allstate)
• What Car Insurance is Cheapest for a Learners Permit in Durham? (FAQ)
• How Much is Durham Auto Insurance with Multiple Speeding Tickets? (FAQ)
• Who Has the Cheapest Car Insurance Quotes for a Toyota Tacoma in Durham? (FAQ)
• Young Drivers: The High Risk Years Video (iihs.org)
• How to Avoid Common Accidents (State Farm)
• Distracted Driving (Insurance Information Institute)
• How do I File a Claim? (Insurance Information Institute)