Auto Insurance Rates for an Audi A3 in Philadelphia

How long have you put off shopping around for lower-priced Audi A3 insurance in Philadelphia? Did a good deal turn out to be overpriced Audi A3 insurance in Philadelphia? It’s quite common and there are lots of Philadelphia residents who feel the same.

It’s a known fact that insurance companies want to keep you from comparing prices. Drivers who compare other prices will probably switch companies because they have a good chance of finding more affordable rates. A recent auto insurance study discovered that people who routinely compared quotes saved approximately $3,400 over four years compared to other drivers who don’t make a habit of comparing rates.

If finding low prices for auto insurance in Philadelphia is your intention, then understanding how to shop and compare insurance coverage can make the process less intimidating.

Big-name insurance companies like Allstate and Progressive persitently shower you with ads and it is challenging if not impossible to ignore the flashy ads and take the time to shop coverage around.

Consumers need to do price comparisons at least once a year since prices are rarely the same from one policy term to another. Just because you had the best rates on Audi A3 insurance in Philadelphia at your last renewal other companies may now be cheaper. Forget anything you know (or think you know) about auto insurance because you’re about to learn the only way to find great coverage at a great price.

If you have insurance now, you will be able to buy cheaper insurance using this information. Finding the cheapest insurance coverage in Philadelphia is much easier if you know where to start. But Pennsylvania car owners must learn how big insurance companies market insurance on the web because it can help you find the best coverage.

Do you qualify for discounts on Audi A3 insurance in Philadelphia?

Companies offering auto insurance don’t always advertise all available discounts very clearly, so we break down some of the more common as well as the least known discounts that you can inquire about if you buy Philadelphia car insurance online.

• Multiple Cars – Buying a policy with all your vehicles on the same car insurance policy can reduce the rates for all insured vehicles.
• Use Seat Belts – Forcing all vehicle occupants to wear their seat belts could save 15% on the medical payments or PIP coverage costs.
• Defensive Driver Discount – Completing a class that teaches safe driver techniques could earn you a small percentage discount if you qualify.
• Discount for New Cars – Insuring a vehicle that is new is cheaper because new model year vehicles have to meet stringent safety requirements.
• Discount for Life Insurance – Select car insurance companies reward you with a discount if you purchase auto and life insurance together.

As a sidenote, some credits don’t apply to the entire cost. Most only reduce the price of certain insurance coverages like liability and collision coverage. So even though they make it sound like you could get a free car insurance policy, insurance companies wouldn’t stay in business. Any amount of discount will bring down your overall premium however.

The chart below illustrates the comparison of Audi A3 premium costs with and without some available policy discounts. Data assumes a male driver, no violations or claims, Pennsylvania state minimum liability limits, full physical damage coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, homeowner, claim-free, multi-car, marriage, and safe-driver discounts applied.

Insurance companies who might offer some of the above discounts may include but are not limited to:

• Farmers Insurance
• Esurance
• State Farm
• GEICO
• Allstate

When getting free Philadelphia car insurance quotes, it’s a good idea to each company or agent to apply every possible discount. Some discounts listed above may not be offered in Philadelphia. For a list of providers with the best discounts in Pennsylvania, click this link.

Low cost Philadelphia Audi A3 insurance quotes online

When price shopping your coverage, making a lot of price comparisons gives you a better chance of getting a lower rate than you’re paying now.

The companies shown below provide quotes in Pennsylvania. If multiple providers are shown, we recommend you visit several of them to get the best price comparison.

Rates and data analysis

The rate information shown below highlights estimates of coverage costs for Audi A3 models. Learning how policy premiums are formulated can help you make smart choices when choosing a car insurance company.

Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Pennsylvania minimum liability limits. Discounts applied include safe-driver, multi-vehicle, homeowner, multi-policy, and claim-free. Premium amounts do not factor in zip code location which can affect coverage rates substantially.

Where to set your deductibles

A question often asked by Philadelphia drivers is which deductible level should you buy. The following insurance rates approximate the rate difference when you select higher and lower physical damage deductibles. The first price estimate table uses a $250 comprehensive and collision deductible and the second price grid uses a $1,000 deductible.

Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Pennsylvania minimum liability limits. Discounts applied include homeowner, multi-policy, safe-driver, claim-free, and multi-vehicle. Premium costs do not factor in specific zip code location which can increase or decrease price quotes greatly.

We can estimate from the data above that using a $250 deductible costs roughly $26 more each month or $312 a year than choosing the higher $1,000 deductible. Because you would be required to pay $750 more if you turn in a claim with a $1,000 deductible as compared to a $250 deductible, if you go at least 29 months between claims, you would probably save some money if you decide on a higher deductible. The table below shows how you can make this decision for your own policy.

Audi A3 liability rates compared to full coverage

The diagram below illustrates the comparison of Audi A3 insurance prices when comparing full coverage to state minimum liability only. The premiums assume no accidents or driving violations, $100 deductibles, single marital status, and no discounts are applied.

Are you wasting money paying for full coverage?

There is no clear-cut formula for dropping physical damage insurance, but there is a general convention. If the yearly cost for physical damage coverage is 10% or more of the replacement cost of your vehicle minus the policy deductible, then it might be time to buy liability only.

For example, let’s pretend your Audi A3 replacement cost is $8,000 and you have $1,000 physical damage deductibles. If your vehicle is destroyed, the most you would get paid by your company is $7,000 after you pay the deductible. If you are paying over $700 a year for full coverage, then it might be time to buy liability only.

There are a few cases where dropping physical damage coverage is not recommended. If you still owe money on your vehicle, you must maintain physical damage 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 damaged, you should maintain full coverage.

How Your A3 Insurance Prices are Determined

Smart consumers have a good feel for the different types of things that aid in calculating car insurance rates. When you know what positively or negatively controls the rates you pay, this empowers consumers to make smart changes that may reward you with better car insurance rates. Many things are used in the calculation when premium rates are determined. Some factors are common sense like a motor vehicle report, but others are more transparent such as your credit history or how financially stable you are.

The itemized list below are some of the things car insurance companies consider when setting premiums.

Cars with good safety ratings mean better premiums – Safer cars get lower rates. Vehicles built for safety reduce injuries and reduced instances of injuries means less money paid by your insurance company passed on to you as lower rates.

How’s your driving record? – Being a careful driver can have a huge impact on auto insurance premiums. Even a single speeding ticket or other violation can boost insurance rates by as much as thirty percent. Drivers with clean records pay less for auto insurance compared to drivers with tickets. Drivers unfortunate enough to have dangerous violations such as DWI, reckless driving or hit and run convictions may face state-mandated requirements to file a SR-22 with the DMV in their state in order to prevent their license from being revoked.

The information below shows how speeding tickets and accidents can increase Audi A3 car insurance costs for different categories of driver ages. Data assumes a married female driver, comp and collision included, $500 deductibles, and no discounts are applied to the premium.

Theft deterrents lower prices – Selecting a car model that has a built-in theft deterrent system can save you a little every year. Anti-theft features such as OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems can help prevent auto theft.

Discounts for multiple policies – Some insurers give lower prices to policyholders who buy several policies from them such as combining an auto and homeowners policy. Even though this discount sounds good, you still need to get quotes from other companies to confirm you are receiving the best rates possible.There is a good possibility that you can find lower rates by insuring with multiple companies.

Lower performance equals lower insurance costs – The performance level of the vehicle you own makes a huge difference in your auto insurance rates. Small economy passenger cars usually have the lowest rates, but the final cost of insurance is determined by many other factors.

The following data uses these assumptions: married female driver age 20, full coverage with $500 deductibles, and no discounts or violations. It illustrates Audi A3 car insurance rates compared to other models of vehicles that have different performance risks.

With age comes responsibility – Youthful drivers in Pennsylvania have been known to be inattentive and easily distracted in a vehicle so they pay higher car insurance rates. Mature drivers tend to be more responsible, cost insurance companies less in claims, and receive fewer citations.

The following chart uses these variables: single driver, full coverage with $1000 deductibles, and no discounts or violations.

Drivers with high credit save – An insured’s credit rating factor in calculating your car insurance rates. If your credit history leaves room for improvement, you could be paying less to insure your Audi A3 by taking the time to improve your credit score. Drivers with very good credit scores tend to file fewer claims than drivers with worse credit.

Do you really need roadside assistance? – Insurance policies have a lot of optional add-on coverages that you can buy on your A3 policy. Things like coverage for rental cars, towing, and Farm Bureau memberships may be costing you every month. They may seem good when buying your policy, but if they’re wasting money eliminate them to save money.

Claims statistics for an Audi A3 – Car insurance companies use historical loss data as a tool for profitable underwriting. Vehicles that the statistics show to have higher frequency or amount of claims will cost more for coverage.

The next table illustrates the loss history for Audi A3 vehicles. For each insurance policy coverage type, the claim probability for all vehicles, regardless of make, model or trim level, is represented as 100. Percentages below 100 imply a favorable loss record, while values that are above 100 point to more frequent losses or statistically larger losses.

Car insurance is available from your local insurance agencies

Some people just want to talk to a local agent and that is recommended in a lot of cases One of the great benefits of price shopping on the web is you may find lower premium rates and still have a local agent. And supporting neighborhood insurance agencies is definitely important in Philadelphia.

By using this quick form, your insurance coverage information is sent to insurance agents in Philadelphia that can give you free Philadelphia car insurance quotes for your car insurance coverage. You don’t have to contact any agents due to the fact that quote results will go immediately to your email address. You can find better rates without the usual hassles of price shopping. If you need to get a comparison quote from a specific car insurance provider, you can always find their quoting web page and give them your coverage information.

What types of auto insurance agents are in Philadelphia?

If you would like to find a reliable insurance agent, it can be helpful to understand the different agency structures and how they are slightly different. Car insurance policy providers can be categorized as either exclusive or independent agents depending on their company appointments.

Independent Agencies or Brokers

Agents that elect to be independent often have affiliation with several companies and that allows them to write policies amongst many companies and find you cheaper rates. To move your coverage to a new company, they simply move the coverage in-house which is easy for the insured. If you are comparing rate quotes, we recommend you contact a couple of independent agencies to ensure the widest selection of prices.

Featured below are independent agencies in Philadelphia that can give you price quotes.

View more Philadelphia agents

Exclusive Agencies

Agents of this type normally can only provide a single company’s rates such as Farmers Insurance and State Farm. They generally cannot give you multiple price quotes so if the price isn’t competitive there isn’t much they can do. These agents are usually well trained on their company’s products and that enables them to sell even at higher rates.

Below is a short list of exclusive agents in Philadelphia willing to provide price quotes.

View more Philadelphia agents

Choosing an car insurance agent needs to be determined by more than just a cheap quote. Here are some questions to ask:

• Does the agency have a positive business rating?
• Do they specialize in personal lines auto insurance in Philadelphia?
• Will you be dealing directly with the agent or with a Custom Service Representative (CSR)?
• Do they have adequate Errors and Omissions coverage? This protects you if they make a mistake.
• If your car is totaled, how to they determine the replacement cost?

Buying the right A3 insurance in Pennsylvania is an important decision

Even though Philadelphia A3 insurance rates can get expensive, paying for auto insurance may not be optional for several reasons.

• The majority of states have mandatory liability insurance requirements which means you are required to buy a specific level of liability if you drive a vehicle. In Pennsylvania 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 have a lien on your Audi A3, almost all lenders will stipulate that you have comprehensive coverage to protect their interest in the vehicle. If you do not pay your insurance premiums, the lender may have to buy a policy to insure your Audi at a much higher premium rate and make you pay the higher price.
• Insurance protects both your vehicle and your personal assets. Insurance will also pay for most medical and hospital costs for yourself as well as anyone injured by you. One policy coverage, liability insurance, will also pay for a defense attorney if you are sued as the result of your driving. If mother nature or an accident damages your car, collision and comprehensive (also known as other-than-collision) coverage will cover the damage repairs after a deductible is paid.

The benefits of insuring your A3 more than offset the price you pay, especially if you ever need it. Despite what companies tell you, the average driver is overpaying more than $825 a year so you should quote your policy with other companies once a year at a minimum to make sure the price is not too high.

One last thing about your coverage

As you prepare to switch companies, you should never reduce needed coverages to save money. There have been many situations where someone dropped liability coverage limits and learned later that it was a big error on their part. The aim is to buy the best coverage you can find at the lowest possible cost while still protecting your assets.

We just covered many ways to reduce Audi A3 insurance rates online in Philadelphia. The key thing to remember is the more providers you compare, the more likely it is that you will get a better rate. Drivers may even discover the best price on auto insurance is with a smaller regional carrier. Regional companies may have significantly lower car insurance rates on certain market segments as compared to the big name companies such as Progressive or GEICO.

Lower-priced Audi A3 insurance in Philadelphia is available on the web and from local agencies, and you should compare price quotes from both in order to have the best chance of saving money. A few companies do not provide rate quotes online and these regional carriers only sell coverage through independent agents.

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

• Higher speed limits cause more fatalities (Insurance Institute for Highway Safety)
• Who Has the Cheapest Philadelphia Car Insurance for Electric Cars? (FAQ)
• How Much are Philadelphia Car Insurance Rates for a Ford Escape? (FAQ)
• What Car Insurance is Cheapest for a Chevrolet Traverse in Philadelphia? (FAQ)
• Who Has the Cheapest Philadelphia Auto Insurance Quotes for High Risk Drivers? (FAQ)
• Insurance losses by make and model (Insurance Institute for Highway Safety)
• Red Light Cameras (State Farm)