How Much Does 2014 Audi TT Insurance Cost?

Searching for lower insurance coverage rates for your Audi TT? Do you think you bought overpriced insurance coverage? Don’t sweat it because you’re not alone.

Due to the increasing number of options when it comes to insurance coverage, it can be diffult for drivers to find a lower cost insurer.

You should make it a habit to compare rates before your policy renews because insurance coverage rates are rarely the same from one policy term to another. Just because you found the best premium rates for TT insurance a year ago you can probably find a lower rate today. Forget anything you know (or think you know) about insurance coverage because you’re going to learn the fastest way to lower your annual insurance bill.

Buying car insurance is quite easy. Essentially anyone who is shopping for insurance most likely will be able to save money. But car owners should learn how big insurance companies market on the web and use this information to your advantage.

How much does car insurance cost?

Most larger insurance companies allow consumers to get coverage prices directly from their websites. Doing online price comparisons is easy for anyone as you just enter your required coverages into the form. Behind the scenes, their system will order your credit score and driving record and returns a price based on the information you submitted. Online price quotes streamlines rate comparisons, but the time it takes to visit different websites and type in the same data is not the best way to spend an afternoon. But it’s very important to get many rate quotes in order to get better prices.

The better way to compare rates

A more efficient way to compare car insurance pricing uses one simple form to return rates from multiple companies. The form is fast, helps eliminate reptitive entry, and makes online shopping much easier to do. After sending your information, it gets priced and you are able to buy any one of the pricing results. If you find a better price you can click and sign and buy the new coverage. This process just takes a couple of minutes and you will find out if you’re overpaying now.

If you want to compare pricing, click here to open in new window and enter your vehicle and coverage information. If you have coverage now, it’s recommended you complete the form with the insurance coverages as close as possible to your current policy. This makes sure you will get a price comparison for similar insurance coverage.

Double check you’re getting these money-saving discounts

Companies offering auto insurance don’t list the complete list of policy discounts very clearly, so the list below contains both the well known and the harder-to-find discounts that you may qualify for. If you don’t get every credit available, you could be paying more than you need to.

• Anti-lock Brake System – Cars, trucks, and SUVs with anti-lock braking systems are much safer to drive and qualify for as much as a 10% discount.
• Service Members Pay Less – Being on active deployment in the military could be rewarded with lower prices.
• Renewal Discounts – Select insurance companies give a discount for switching companies before your current coverage expires. It’s a savings of about 10%.
• College Student Discount – Youth drivers who are enrolled in a college that is more than 100 miles from home and don’t have a car could get you a discount.
• Government Employees – Employees or retirees of the government can earn a discount up to 10% for TT insurance with some car insurance companies.
• Good Student Discount – A discount for being a good student can get you a discount of up to 25%. Earning this discount can benefit you well after school through age 25.
• Professional Memberships – Participating in certain professional organizations is a good way to get lower rates on car insurance.
• Early Payment Discounts – If paying your policy premium upfront instead of paying each month you can avoid the installment charge.
• Passive Restraints and Air Bags – Vehicles with factory air bags or motorized seat belts can get savings of 25 to 30%.
• Multiple Policy Discount – If you can bundle your auto and homeowners insurance and place coverage with the same company you may save up to 20% off your total premium.

As is typical with insurance, many deductions do not apply the the whole policy. Most only cut the price of certain insurance coverages like comp or med pay. Even though it may seem like having all the discounts means you get insurance for free, you aren’t that lucky.

A few of the larger companies and a selection of discounts include:

• State Farm policyholders can earn discounts including passive restraint, driver’s education, Steer Clear safe driver discount, good driver, and defensive driving training.
• Geico offers discounts including five-year accident-free, air bags, multi-vehicle, defensive driver, seat belt use, and membership and employees.
• Allstate has discounts for multi-policy, resident student, defensive driver, safe driver, utility vehicle, and premier discount.
• SAFECO has savings for multi-car, teen safety rewards, bundle discounts, anti-lock brakes, safe driver, and teen safe driver.
• Farm Bureau may offer discounts for multi-policy, youthful driver, renewal discount, 55 and retired, and driver training.
• Progressive offers discounts for good student, online quote discount, multi-vehicle, continuous coverage, homeowner, and online signing.
• AAA may have discounts that include good student, multi-car, AAA membership discount, good driver, and pay-in-full.

If you are trying to find low cost insurance quotes, ask all the companies what discounts are available to you. Discounts may not apply to policies in your area.

Eight factors that impact insurance premiums

Consumers need to have an understanding of some of the factors that help calculate the rates you pay for insurance. When you know what positively or negatively impacts premium levels, this enables informed choices that may result in cheaper rates.

The list below includes some of the most rate-impacting factors that factor into your rate level.

• Your address can modify costs – Having an address in small towns and rural areas can save you money when buying insurance. Fewer drivers means less chance of accidents and also fewer theft and vandalism claims. City drivers regularly have traffic congestion and more time behind the wheel. Longer commute distances statistically corresponds to a higher accident and claim rate.
• Gender as a rate factor – Over the last 50 years, statistics have shown that females take fewer risks when driving. Now that doesn’t mean women are better drivers. Females and males tend to get into accidents in similar percentages, but males have costlier accidents. Not only are claims higher, but men get ticketed for serious violations like DWI (DUI) or reckless driving. Male teenagers are several times more likely to be in an accident and therefore have the most expensive insurance rates.
• Driving citations increase premiums – Being a careful driver can have a huge impact on auto insurance premiums. Drivers who don’t get tickets receive lower rates compared to bad drivers. Having just one chargable violation could increase your next policy renewal by as much as thirty percent. Drivers who have flagrant violations such as DWI, reckless driving or hit and run convictions may face state-mandated requirements to submit a SR-22 form with their state DMV in order to drive a vehicle legally.
• Prices and employer – Do you work in a high-stress field? Occupations like military personnel, architects and dentists usually pay higher rates than average because of high stress levels and extremely grueling work hours. On the other hand, jobs such as actors, engineers and performers pay the least for TT insurance.
• Insurance policy lapses increase rates – Allowing your insurance policy to lapse is a sure-fire way to increase your insurance rates. Not only will rates go up, the inability to provide proof of insurance might get you a hefty fine and possibly a revoked license.
• Save miles and save money – Driving more miles every year the more you will pay for insurance. Almost all companies charge rates determined by how the vehicle is used. Vehicles that are left in the garage receive better premium rates compared to those used for work or business. Verify your insurance policy is rated on the correct usage for each vehicle, because improper ratings can cost you money. Having an incorrect usage rating on your TT is just wasting money.
• Policy add-ons may be wasting money – Insurance companies have many extra add-on coverages that can add up if you aren’t diligent. Things like rental car coverage, death and dismemberment, and term life insurance are probably not needed. The coverages may be enticing initially, but your money might be better spent on other coverage so eliminate the coverages to reduce your premium.
• When should you file a claims? – Insurance companies award lower rates to people who do not file claims often. If you file a lot of claims you can look forward to higher rates. Your insurance policy is designed for the bigger claims that can’t be paid out-of-pocket.

Do I need special coverages?

When buying coverage, there isn’t really a single plan that fits everyone. Everyone’s needs are different and your policy should reflect that. For instance, these questions might point out if you would benefit from an agent’s advice.

• How can I find cheaper teen driver insurance?
• If my 2014 Audi TT is totaled, can I afford another vehicle?
• When does my teenage driver need to be added to my policy?
• What happens if I owe more than my 2014 Audi TT is worth?
• Will filing a claim cost me more?
• Should I waive the damage coverage when renting a car?
• Am I covered by my employer’s commercial auto policy when driving my personal car for business?

If you don’t know the answers to these questions but you think they might apply to your situation, you may need to chat with an insurance agent. To find lower rates from a local agent, complete this form or go to this page to view a list of companies.

Coverage specifics

Understanding the coverages of your insurance policy can be of help when determining the right coverages for your vehicles. Insurance terms can be difficult to understand and reading a policy is terribly boring. Listed below are typical coverage types found on the average insurance policy.

Medical costs insurance – Medical payments and Personal Injury Protection insurance reimburse you for immediate expenses for funeral costs, hospital visits, pain medications and dental work. The coverages can be used to cover expenses not covered by your health insurance plan or if you lack health insurance entirely. It covers not only the driver but also the vehicle occupants and also covers if you are hit as a while walking down the street. PIP is not available in all states and may carry a deductible

UM/UIM Coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when the “other guys” either are underinsured or have no liability coverage at all. This coverage pays for injuries to you and your family and also any damage incurred to your Audi TT.

Due to the fact that many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage should not be overlooked.

Collision coverage – This coverage covers damage to your TT resulting from a collision with an object or car. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for claims like colliding with a tree, scraping a guard rail, sideswiping another vehicle, hitting a mailbox and crashing into a ditch. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are older. It’s also possible to increase the deductible to get cheaper collision coverage.

Auto liability insurance – This will cover injuries or damage you cause to people or other property that is your fault. It protects YOU from legal claims by others. It does not cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You commonly see policy limits of 50/100/50 which means a limit of $50,000 per injured person, a total of $100,000 of bodily injury coverage per accident, and a limit of $50,000 paid for damaged property.

Liability can pay for things such as legal defense fees, funeral expenses and court costs. How much coverage you buy is your choice, but buy higher limits if possible.

Comprehensive or Other Than Collision – Comprehensive insurance coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against things such as damage from a tornado or hurricane, hitting a deer, damage from getting keyed and a broken windshield. The highest amount your insurance company will pay is the market value of your vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Be a smart shopper

A few companies don’t offer rates over the internet and many times these smaller companies prefer to sell through independent agents. Cheaper auto insurance is attainable from both online companies as well as from independent agents, and you should compare rates from both so you have a total pricing picture.

When getting insurance quotes online, do not reduce coverage to reduce premium. Too many times, someone dropped liability limits or collision coverage only to discover later that their decision to reduce coverage ended up costing them more. Your goal should be to buy a smart amount of coverage at the best price, not the least amount of coverage.

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

• Collision Coverage (Liberty Mutual)
• Can I Drive Legally without Insurance? (Insurance Information Insitute)
• Vehicle Insurance (Wikipedia)
• Preventing Carjacking and Theft (Insurance Information Insitute)
• If I File a Claim will My Insurance Go Up? (Insurance Information Insitute)
• Distracted Driving (Insurance Information Insitute)