It’s hard to believe, but almost 70% of drivers have bought car insurance from the same company for well over three years, and 38% of drivers have never compared quotes from other companies. Drivers in Sacramento can cut their rates by about $500 a year by just comparing quotes, but they mistakenly think it’s difficult to find lower-cost insurance by shopping around.
If you want to find the absolute lowest rates, then the best way to find cheaper prices for Audi S5 insurance in Sacramento is to compare prices annually from insurers in California.
- Gain an understanding of policy coverages and the measures you can control to lower rates. Many rating criteria that result in higher prices such as speeding tickets, accidents and a substandard credit history can be controlled by making minor changes in your lifestyle. This article provides ideas to find cheap rates and get additional discounts that may be available.
- Get rate quotes from direct, independent, and exclusive agents. Exclusive agents and direct companies can only quote rates from one company like Progressive and State Farm, while independent agents can quote rates for a wide range of companies. Compare rates now
- Compare the new rates to your current policy and determine if cheaper S5 coverage is available in Sacramento. If you find a lower rate and decide to switch, ensure coverage does not lapse between policies.
An essential thing to point out is that you use the same amount of coverage on each quote and and to get price quotes from as many auto insurance providers as possible. This helps ensure a fair price comparison and and a good selection of different prices.
If you have a current insurance policy, you will definitely be able to get lower rates using these methods. Choosing the most cost-effective insurance policy in Sacramento can be much easier if you know how to start. Although California vehicle owners can benefit by having an understanding of how big insurance companies determine what you pay because it varies considerably.
Just keep in mind that getting more free quotes will increase your chances of finding lower pricing.
The following companies are our best choices to provide price quotes in Sacramento, CA. If you wish to find the best cheap auto insurance in Sacramento, it’s highly recommended you visit two to three different companies to get a more complete price comparison.
Auto insurance is not optional but you don’t have to overpay
Even though Sacramento S5 insurance rates can get expensive, buying auto insurance may be required for several reasons.
- Just about all states have minimum liability requirements which means state laws require specific minimum amounts of liability insurance coverage in order to drive the car. 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 vehicle, more than likely the lender will stipulate that you have comprehensive coverage to ensure they get paid if you total the vehicle. If you default on your policy, the bank may buy a policy for your Audi at an extremely high rate and force you to pay for the expensive policy.
- Insurance protects both your Audi S5 and your personal assets. It will also cover hospital and medical expenses incurred in an accident. One of the most valuable coverages, liability insurance, also pays expenses related to your legal defense if you cause an accident and are sued. If your car is damaged in a storm or accident, collision and comprehensive coverages will pay to restore your vehicle to like-new condition.
The benefits of buying auto insurance are definitely more than the cost, specifically if you ever have a liability claim. On average, a vehicle owner in Sacramento is overpaying more than $700 annually so you should quote your policy with other companies at every policy renewal to ensure rates are inline.
Coverage analysis
The coverage information shown below showcases different insurance costs for Audi S5 models. Understanding how insurance premiums are established can be of help when making smart choices when choosing a car insurance company.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| S5 4.2 Quattro 2-Dr Coupe | $252 | $638 | $500 | $30 | $150 | $1,570 | $131 |
| S5 4.2 Quattro 2-Dr Coupe | $252 | $638 | $500 | $30 | $150 | $1,570 | $131 |
| S5 3.0 Quattro 2-Dr Convertible | $252 | $572 | $500 | $30 | $150 | $1,504 | $125 |
| S5 4.2 Quattro 2-Dr Coupe | $252 | $704 | $500 | $30 | $150 | $1,636 | $136 |
| S5 4.2 Quattro 2-Dr Coupe | $252 | $704 | $500 | $30 | $150 | $1,636 | $136 |
| S5 3.0 Quattro 2-Dr Convertible | $274 | $638 | $500 | $30 | $150 | $1,592 | $133 |
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Data rating is based on single male driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and California minimum liability limits. Discounts applied include multi-vehicle, homeowner, claim-free, safe-driver, and multi-policy. Prices do not factor in garaging location in Sacramento which can modify premium rates noticeably.
Men versus women drivers and insurance cost
The information below compares Audi S5 premium costs for male and female drivers. Data assumes no tickets, no at-fault accidents, comprehensive and collision coverage, $100 deductibles, drivers are single, and no discounts are taken into consideration.
Full coverage or liability only
The illustration below visualizes the comparison of Audi S5 insurance premiums when comparing full coverage to state minimum liability only. The data assumes no claims, a clean driving record, $500 deductibles, single status, and no discounts are applied to the premium.
Should you pay for full coverage?
There isn’t a written rule to stop buying comp and collision coverage, but there is a guideline you can consider. If the yearly cost for physical damage coverage is more than about 10% of the replacement cost minus the deductible, then you might want to consider buying only liability coverage.
For example, let’s say your Audi S5 settlement value is $5,000 and you have $1,000 physical damage deductibles. If your vehicle is destroyed, the most you would receive is $4,000 after you pay the deductible. If you are paying in excess of $400 a year for full coverage, then it might be time to buy liability only.
There are some circumstances where dropping physical damage coverage is not in your best interest. If you haven’t paid off your loan, you have to carry full coverage in order to satisfy the requirements of the loan. Also, if you cannot afford to purchase a different vehicle if your current one is totaled, you should maintain full coverage.
Slash rates with these rate reducing discounts
Auto insurance can be pricey, but there are discounts available that you may not know about. Certain credits will be shown at the time of quoting, but some must be inquired about prior to receiving the credit. If you don’t get every credit you qualify for, you could be saving more on your auto insurance.
- Military Discounts – Having a deployed family member can result in better premium rates.
- Save over 55 – Drivers that qualify as senior citizens are able to get a small discount on rates.
- Anti-lock Brake Discount – Vehicles that have steering control and anti-lock brakes can stop better under adverse conditions and will save you 10% or more on S5 insurance in Sacramento.
- Government Employee Discount – Simply working for the federal government may reduce rates when you quote Sacramento auto insurance with certain companies.
- Claim-Free Discount – Sacramento drivers who stay claim-free pay less when compared to policyholders that have many claims.
While discounts sound great, it’s important to understand that most discounts do not apply to all coverage premiums. A few only apply to individual premiums such as collision or personal injury protection. Even though it may seem like all the discounts add up to a free policy, you won’t be that lucky.
The diagram below illustrates the difference between Audi S5 insurance costs with and without discounts applied to the rates. The premiums are based on a male driver, no violations or accidents, California state minimum liability limits, comprehensive and collision coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, multi-car, multi-policy, homeowner, marriage, and claim-free discounts applied.
Some of the larger companies that may include most of the discounts above include:
Before purchasing a policy, check with every company the best way to save money. Some of the discounts discussed earlier may not apply to policies in Sacramento. To find insurance companies that provide some of the discounts listed above in Sacramento, click this link.
What is the best insurance coverage?
When selecting coverage, there isn’t really a one size fits all plan. Your needs are not the same as everyone else’s so this has to be addressed.
For example, these questions can help discover if you might need professional guidance.
- Why do I need rental car insurance?
- Is a driver training discount available?
- Does my policy cover me when driving someone else’s vehicle?
- Am I better off with higher deductibles on my Audi S5?
- Are my friends covered when driving my Audi S5?
- Will damage be repaired with OEM parts?
If it’s difficult to answer those questions, you may need to chat with an insurance agent. To find lower rates from a local agent, fill out this quick form or go to this page to view a list of companies.