Do you want to stop overpaying and find cheaper Audi A5 insurance in Charlotte? Did a good deal turn out to be an under-performing, overpriced car insurance policy? Believe me when I say there are lots of Charlotte residents who feel the same.
Sadly, the vast majority of consumers in North Carolina have remained with the same car insurance company for well over three years, and almost half have never shopped around. With the average car insurance premium being $1,847, American drivers can cut their rates by nearly $859 a year just by comparing rates, but they just don’t understand the rate savings if they switched to a cheaper policy.
Since consumers have many car insurance companies to choose from, it can be challenging to pick the lowest price insurance company.
It’s a good habit to shop coverage around occasionally because rates are variable and change quite frequently. Just because you found the best premium rates on Audi A5 insurance in Charlotte a few years ago there may be better deals available now. Forget all the misinformation about car insurance because we’re going to demonstrate the tricks you need to know to lower your rates without sacrificing coverage.
Affordable Charlotte car insurance quotes with discounts
The cost of insuring your cars can be expensive, but you may find discounts that many people don’t even know exist. Some trigger automatically when you quote, but a few must be inquired about prior to getting the savings.
- Multiple Cars – Drivers who insure multiple cars or trucks on one policy could earn a price break for each car.
- Auto/Home Discount – When you have multiple policies with one insurance company you could earn a discount of 10% to 20% off each policy.
- Good Driver Discount – Insureds who avoid accidents can save as much as half off their rates than less cautious drivers.
- Seat Belt Usage – Drivers who require all vehicle occupants to use their safety belts can save up to 15% off PIP or medical payments premium.
- Service Members Pay Less – Having an actively deployed family member could trigger a small discount.
You should keep in mind that many deductions do not apply to the whole policy. Most only apply to the cost of specific coverages such as liability, collision or medical payments. Despite the appearance that it’s possible to get free car insurance, you won’t be that lucky.
The illustration below illustrates the comparison of Audi A5 insurance prices with and without discounts applied. The information is based on a female driver, a clean driving record, no claims, North Carolina state minimum liability limits, full coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, multi-policy, multi-car, homeowner, claim-free, and safe-driver discounts applied.
The best car insurance companies and some of their more popular discounts can be read below.
- State Farm has savings for defensive driving training, passive restraint, safe vehicle, good student, Steer Clear safe driver discount, student away at school, and good driver.
- Nationwide has discounts for Farm Bureau membership, good student, easy pay, multi-policy, business or organization, and family plan.
- GEICO offers premium reductions for anti-lock brakes, defensive driver, driver training, membership and employees, and federal employee.
- AAA may include discounts for anti-theft, good student, multi-car, good driver, AAA membership discount, pay-in-full, and education and occupation.
- 21st Century discounts include theft prevention, defensive driver, driver training, early bird, student driver, air bags, and good student.
- The Hartford offers discounts for bundle, air bag, driver training, vehicle fuel type, and defensive driver.
When quoting, ask all companies you are considering to give you their best rates. Some credits may not be offered in your area.
When comparison shopping, more quotes helps locate more affordable insurance.
The companies shown below are ready to provide price comparisons in Charlotte, NC. If multiple companies are listed, we suggest you compare several of them to get a more complete price comparison.
Audi A5 coverage statistics
The premium table displayed below covers a range of policy rates for Audi A5 models. Understanding how auto insurance policy rates are formulated can help guide drivers when making smart choices when buying a policy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| A5 2.0T Quattro Premium 2-Dr Coupe | $246 | $482 | $218 | $12 | $66 | $1,024 | $85 |
| A5 2.0T Quattro Premium Plus 2-Dr Coupe | $246 | $482 | $218 | $12 | $66 | $1,024 | $85 |
| A5 3.2 Quattro Prestige 2-Dr Coupe | $246 | $546 | $218 | $12 | $66 | $1,088 | $91 |
| A5 3.2 Quattro Premium Plus 2-Dr Coupe | $246 | $546 | $218 | $12 | $66 | $1,088 | $91 |
| A5 2.0T Quattro Prestige 2-Dr Coupe | $246 | $546 | $218 | $12 | $66 | $1,088 | $91 |
| A5 2.0T Premium 2-Dr Convertible | $246 | $546 | $256 | $16 | $76 | $1,140 | $95 |
| A5 2.0T Premium Plus 2-Dr Convertible | $246 | $546 | $256 | $16 | $76 | $1,140 | $95 |
| A5 2.0T Quattro Prestige S-Line 2-Dr Coupe | $270 | $546 | $218 | $12 | $66 | $1,112 | $93 |
| A5 2.0T Prestige S-Line 2-Dr Convertible | $270 | $546 | $256 | $16 | $76 | $1,164 | $97 |
| A5 2.0T Prestige 2-Dr Convertible | $270 | $546 | $256 | $16 | $76 | $1,164 | $97 |
| A5 3.2 Quattro Prestige S-Line 2-Dr Coupe | $270 | $610 | $218 | $12 | $66 | $1,176 | $98 |
| Get Your Own Custom Quote Go | |||||||
Data rating is based on married male driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and North Carolina minimum liability limits. Discounts applied include claim-free, multi-policy, safe-driver, multi-vehicle, and homeowner. Rates do not factor in the specific area where the vehicle is garaged which can change coverage rates considerably.
Can higher deductibles save money?
One common question asked by Charlotte drivers is how high should your deductibles be. The comparison tables below show the rate differences between low and high physical damage deductibles. The first set of rates uses a $250 physical damage deductible and the second rate table uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| A5 2.0T Quattro Premium 2-Dr Coupe | $242 | $440 | $212 | $12 | $64 | $995 | $83 |
| A5 2.0T Quattro Premium Plus 2-Dr Coupe | $242 | $440 | $212 | $12 | $64 | $995 | $83 |
| A5 3.2 Quattro Prestige 2-Dr Coupe | $242 | $498 | $212 | $12 | $64 | $1,053 | $88 |
| A5 3.2 Quattro Premium Plus 2-Dr Coupe | $242 | $498 | $212 | $12 | $64 | $1,053 | $88 |
| A5 2.0T Quattro Prestige 2-Dr Coupe | $242 | $498 | $212 | $12 | $64 | $1,053 | $88 |
| A5 2.0T Premium 2-Dr Convertible | $242 | $498 | $250 | $14 | $74 | $1,103 | $92 |
| A5 2.0T Premium Plus 2-Dr Convertible | $242 | $498 | $250 | $14 | $74 | $1,103 | $92 |
| A5 2.0T Quattro Prestige S-Line 2-Dr Coupe | $266 | $498 | $212 | $12 | $64 | $1,077 | $90 |
| A5 2.0T Prestige S-Line 2-Dr Convertible | $266 | $498 | $250 | $14 | $74 | $1,127 | $94 |
| A5 2.0T Prestige 2-Dr Convertible | $266 | $498 | $250 | $14 | $74 | $1,127 | $94 |
| A5 3.2 Quattro Prestige S-Line 2-Dr Coupe | $266 | $556 | $212 | $12 | $64 | $1,135 | $95 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| A5 2.0T Quattro Premium 2-Dr Coupe | $196 | $354 | $212 | $12 | $64 | $838 | $70 |
| A5 2.0T Quattro Premium Plus 2-Dr Coupe | $196 | $354 | $212 | $12 | $64 | $838 | $70 |
| A5 3.2 Quattro Prestige 2-Dr Coupe | $196 | $402 | $212 | $12 | $64 | $886 | $74 |
| A5 3.2 Quattro Premium Plus 2-Dr Coupe | $196 | $402 | $212 | $12 | $64 | $886 | $74 |
| A5 2.0T Quattro Prestige 2-Dr Coupe | $196 | $402 | $212 | $12 | $64 | $886 | $74 |
| A5 2.0T Premium 2-Dr Convertible | $196 | $402 | $250 | $14 | $74 | $936 | $78 |
| A5 2.0T Premium Plus 2-Dr Convertible | $196 | $402 | $250 | $14 | $74 | $936 | $78 |
| A5 2.0T Quattro Prestige S-Line 2-Dr Coupe | $216 | $402 | $212 | $12 | $64 | $906 | $76 |
| A5 2.0T Prestige S-Line 2-Dr Convertible | $216 | $402 | $250 | $14 | $74 | $956 | $80 |
| A5 2.0T Prestige 2-Dr Convertible | $216 | $402 | $250 | $14 | $74 | $956 | $80 |
| A5 3.2 Quattro Prestige S-Line 2-Dr Coupe | $216 | $448 | $212 | $12 | $64 | $952 | $79 |
| Get Your Own Custom Quote Go | |||||||
Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, and North Carolina minimum liability limits. Discounts applied include safe-driver, claim-free, multi-policy, homeowner, and multi-vehicle. Rate quotes do not factor in garaging location in Charlotte which can alter coverage prices greatly.
Based on the figures above, using a $250 deductible could cost the average driver approximately $14 more each month or $168 each year than selecting the higher $500 deductible. Due to the fact that you would have to pay $250 more out of your own pocket with a $500 deductible as compared to a $250 deductible, if you normally average more than 18 months between claims, you would come out ahead if you elect the higher deductible.
How to calculate when to raise deductibles
| Average monthly premium for $250 deductibles: | $90 |
| Average monthly premium for $500 deductibles (subtract): | – $76 |
| Monthly savings from raising deductible: | $14 |
| Difference between deductibles ($500 – $250): | $250 |
| Divide difference by monthly savings: | $250 / $14 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 18 months |
One thing to be aware of is that increasing deductibles to save money results in a higher out-of-pocket expense when you have a claim. You need to make sure you have enough disposable income in the event you need to pay the deductible to have repairs made.
The illustration below highlights how deductible selection and can change Audi A5 insurance rates for different age groups. Data assumes a married female driver, full coverage, and no discounts are factored in.
Gender-based insurance rates in Charlotte
The illustration below compares Audi A5 auto insurance costs for male and female drivers. The rates are based on no claims or driving citations, full physical damage coverage, $500 deductibles, drivers are single, and no discounts are applied to the premium.
Audi A5 full coverage rates compared to liability only
The example below shows the comparison of Audi A5 car insurance rates with full physical damage coverage compared to only buying the minimum liability limits required in North Carolina. Data assumes no violations or accidents, $500 deductibles, single marital status, and no discounts are applied.
When to drop comp and collision
There is no exact rule of when to phase out comp and collision coverage, but there is a guideline you can use. If the annual cost of coverage is 10% or more of any settlement you would receive from your insurance company, then it might be time to consider dropping full coverage.
For example, let’s assume your Audi A5 replacement cost is $8,000 and you have $1,000 full coverage deductibles. If your vehicle is destroyed, you would only receive $7,000 after paying the physical damage deductible. If you are paying more than $700 annually for your policy with full coverage, then it may be the right time to buy liability only.
There are some situations where buying only liability insurance is not a good idea. If you still have a loan on your vehicle, you are required to maintain full coverage as part of the loan requirements. Also, if your finances do not allow you to purchase a different vehicle if your current one is totaled, you should not opt for liability only.
How to know if you need help
When buying your policy, there really isn’t a single plan that fits everyone. Coverage needs to be tailored to your specific needs so this has to be addressed.
Here are some questions about coverages that might help in determining whether your personal situation could use an agent’s help.
- Is coverage enough to protect my assets?
- Why are teen drivers so expensive to add on to my policy?
- I have health insurance so do I need medical payments coverage?
- Do I need more liability coverage?
- What is the premium to book value ratio for dropping full coverage?
- Can I use my car for my catering business?
- Is water damage covered by my policy?
- What are good deductibles for a Audi A5?
- Is my babysitter covered when using my vehicle?
If you’re not sure about those questions but you know they apply to you, you might consider talking to a licensed agent. To find an agent in your area, simply complete this short form or you can also visit this page to select a carrier
Do I need an insurance agent?
Some consumers still like to go talk to an agent and doing so can bring peace of mind One of the great benefits of comparing auto insurance online is you may find cheaper premium rates and still choose a local agent. Buying from and supporting local insurance agencies is still important in Charlotte.
By using this form (opens in new window), the coverage information is submitted to agents in your area who will give you bids to get your business. It simplifies rate comparisons since you won’t have to leave your house because prices are sent to your email. Get lower rates and a licensed agent to talk to. If you want to get a rate quote from a particular provider, you can always go to their quote page and submit a quote form there.
If you are wanting to find a reliable insurance agency, you must know there are a couple different types of agencies and how they work. Agents in Charlotte can be classified as either exclusive or independent.
Independent Agents
Agents that choose to be independent are not required to write business for one company and that allows them to write policies with multiple insurance companies and possibly get better coverage at lower prices. If they quote lower rates, your agent can switch companies and you can keep the same agent. When searching for an agent, you will want to get insurance quotes from a couple of independent agencies for maximum quote selection.
Below is a short list of independent agencies in Charlotte who can help you get comparison quotes.
Charlotte Insurance
5113 Piper Station Dr #207 – Charlotte, NC 28277 – (704) 536-0995 – View Map
Allwood Insurance
3611 Mt Holly-Huntersville Rd #205 – Charlotte, NC 28216 – (704) 395-1239 – View Map
The Hoffman Agency, LLC
2015 Ayrsley Town Blvd – Charlotte, NC 28273 – (704) 280-8585 – View Map
Exclusive Insurance Agents
Exclusive agencies write business for a single company and examples are Allstate, AAA, Farmers Insurance, and State Farm. Exclusive agencies are unable to compare other company’s rates so it’s a take it or leave it situation. They are usually quite knowledgeable in insurance sales which helps them sell insurance even at higher premiums.
Shown below is a short list of exclusive insurance agencies in Charlotte who can help you get rate quotes.
State Farm: Happy Mullen
2201 South Blvd #420 – Charlotte, NC 28203 – (704) 362-0800 – View Map
Brian McCaw – State Farm Insurance Agent
5950 Fairview Rd #220 – Charlotte, NC 28210 – (704) 554-0144 – View Map
George Pettice – State Farm Insurance Agent
820 Tyvola Rd #103 – Charlotte, NC 28217 – (704) 523-1717 – View Map
Finding the right car insurance agent requires you to look at more than just the bottom line cost. These are some questions you should get answers to.
- Can you get a list of referrals?
- If you are a high risk driver, do they have special markets for your coverage?
- What company do they have the most business with?
- Will one accident increase rates?
- Will you work with the agent or an assistant?
- Is there any savings for paying the full premium?
- Which insurance companies are they affiliated with?
- Is coverage determined by price?
If you get good feedback for all questions you ask in addition to an acceptable price estimate, you’ve probably found an insurance agency that meets your needs to insure your vehicles.
Cheaper car insurance premiums are possible
We’ve covered a lot of information how to find affordable Audi A5 insurance in Charlotte. The key thing to remember is the more rate quotes you have, the more likely it is that you will get a better rate. Drivers may even discover the lowest premium rates come from some of the smallest insurance companies. Some small companies may have significantly lower prices on certain market segments than the large multi-state companies such as Progressive or GEICO.
Low-cost Audi A5 insurance in Charlotte can be sourced from both online companies in addition to local insurance agencies, so you need to quote Charlotte auto insurance with both in order to have the best price selection to choose from. Some insurance companies do not provide the ability to get a quote online and usually these small insurance companies only sell coverage through local independent agents.
Steps to finding more affordable Audi A5 insurance in Charlotte
If you want to save the most money, the best way to find affordable quotes for auto insurance rates in Charlotte is to start comparing prices yearly from insurance carriers that sell auto insurance in North Carolina. You can shop around by following these guidelines.
- Step 1: Try to learn a little about how auto insurance works and the steps you can take to prevent high rates. Many rating factors that cause rate increases like tickets, at-fault accidents, and a substandard credit score can be controlled by being financially responsible and driving safely.
- Step 2: Get rate quotes from independent agents, exclusive agents, and direct companies. Exclusive and direct companies can only give rate quotes from a single company like GEICO and Allstate, while independent agents can provide rate quotes from multiple sources.
- Step 3: Compare the new rates to your existing coverage to see if a cheaper price is available in Charlotte. If you find a lower rate, make sure there is no coverage gap between policies.
An important part of this process is to make sure you enter identical deductibles and limits on each price quote and and to compare as many auto insurance providers as possible. Doing this helps ensure the most accurate price comparison and the best price selection.
To read more, feel free to browse the resources below:
- Alcohol Impaired Driving FAQ (iihs.org)
- Who Has Affordable Auto Insurance for Postal Workers in Charlotte? (FAQ)
- Who Has Affordable Auto Insurance Quotes for Homeowners in Charlotte? (FAQ)
- Who Has Affordable Auto Insurance Rates for a GMC Sierra in Charlotte? (FAQ)
- Help Your Teen Be a Better Driver (State Farm)
- Tools for Teen Driving Safety (State Farm)
- What to do at the Scene of an Accident (Insurance Information Institute)