Save Money on Audi A3 Insurance in Bakersfield

Discount Audi A3 insuranceAnyone knows that insurance companies don’t want you comparing rates. Drivers who get comparison quotes once a year will probably switch companies because they stand a good chance of finding good coverage at a lower price. A recent survey revealed that consumers who compared rates annually saved $3,500 over four years as compared to drivers who never shopped for cheaper rates.

If saving the most money on Audi A3 insurance in Bakersfield is your ultimate target, understanding the best ways to shop for insurance rates can make the process more efficient.

The best way we recommend to find more affordable Audi A3 insurance is to regularly compare quotes from insurers in Bakersfield.

  1. Get a basic knowledge of auto insurance and the steps you can take to drop your rates. Many risk factors that cause high rates such as multiple speeding tickets and poor credit rating can be remedied by making minor changes to your lifestyle. This article provides tips to help keep prices low and find missing discounts.
  2. Obtain price quotes from direct, independent, and exclusive agents. Direct companies and exclusive agencies can provide rates from a single company like Progressive or Farmers Insurance, while independent agents can quote prices for a wide range of companies.
  3. Compare the new quotes to your current policy premium and determine if cheaper A3 coverage is available. If you find a lower rate quote and make a switch, ensure there is no coverage lapse between policies.
  4. Provide notification to your current company of your decision to cancel your current coverage and submit a completed application and payment for your new coverage. As soon as you can, put the new certificate verifying proof of insurance in your vehicle.

An important bit of advice to remember is to use the same level of coverage on every quote request and and to compare as many auto insurance providers as possible. This ensures a fair price comparison and a complete price analysis.

Data for Audi A3 insurance

The price information shown below outlines different coverage costs for Audi A3 models. Being more informed about how insurance policy rates are figured is important for drivers to make informed decisions when comparing rates.

Audi A3 Insurance Rates in Bakersfield, CA
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
A3 2.0T Premium Package $326 $792 $500 $30 $150 $1,798 $150
A3 2.0T Premium Plus Package $326 $792 $500 $30 $150 $1,798 $150
A3 2.0T Quattro $370 $792 $500 $30 $150 $1,842 $154
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Data based on single female driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and California minimum liability limits. Discounts applied include safe-driver, claim-free, multi-policy, multi-vehicle, and homeowner. Estimates do not factor in vehicle location which can modify prices considerably.

Higher deductibles save money

A question often asked by Bakersfield drivers is how high should your deductibles be. The rates shown below lay out how much more rates are between high and low deductibles. The first table uses a $250 physical damage deductible and the second price table uses a $500 deductible.

Audi A3 insurance rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
A3 2.0T Premium Package $342 $678 $442 $26 $132 $1,645 $137
A3 2.0T Premium Plus Package $342 $678 $442 $26 $132 $1,645 $137
A3 2.0T Quattro $386 $678 $442 $26 $132 $1,689 $141
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Audi A3 insurance rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
A3 2.0T Premium Package $278 $546 $442 $26 $132 $1,424 $119
A3 2.0T Premium Plus Package $278 $546 $442 $26 $132 $1,424 $119
A3 2.0T Quattro $314 $546 $442 $26 $132 $1,460 $122
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Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include multi-policy, safe-driver, claim-free, homeowner, and multi-vehicle. Price information does not factor in specific location which can affect coverage rates greatly.

Using the premium rates above, we can conclude that using a $250 deductible would cost the average driver about $18 more each month or $216 each year than requesting the higher $500 deductible. Due to the fact that you would have to pay $250 more to file a claim with a $500 deductible as compared to a $250 deductible, if you go at least 14 months between claims, you would save more money if you decide on a higher deductible.

How to calculate if a higher deductible is a good decision

Average monthly premium for $250 deductibles: $138
Average monthly premium for $500 deductibles (subtract): – $120
Monthly savings from raising deductible: $18
Difference between deductibles ($500 – $250): $250
Divide difference by monthly savings: $250 / $18
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 14 months

One important caveat is that increasing deductibles to save money means you pay more out-of-pocket when you have a comprehensive or collision claim. You need some funds available in the event you have to pay the deductible for vehicle repair.

The diagram below demonstrates how deductible levels and can impact Audi A3 insurance premiums for different age groups. The premium estimates are based on a single female driver, full coverage, and no policy discounts are applied.

Audi A3 full coverage rates compared to liability only

The diagram below shows the difference between Audi A3 insurance premiums with full physical damage coverage compared to only buying liability only. The data is based on no tickets, no at-fault accidents, $500 deductibles, marital status is single, and no discounts are applied to the premium.

When to drop comprehensive and collision

There isn’t a steadfast formula to delete full coverage, but there is a general guideline you can use. If the annual cost of coverage is about 10% or more of any settlement you would receive from your insurance company, then you may need to consider dropping full coverage.

For example, let’s pretend your Audi A3 replacement cost is $7,000 and you have $1,000 policy deductibles. If your vehicle is severely damaged, the most your company will settle for is $6,000 after you pay the deductible. If premium cost is more than $600 a year to have full coverage, then you might want to think about dropping full coverage.

There are some situations where buying only liability insurance is not advised. If you have an outstanding loan on your vehicle, you are required to maintain full coverage as part of the loan conditions. Also, if your finances do not allow you to purchase a different vehicle if your current one is totaled, you should keep full coverage in place.

Components of Your Audi A3 Insurance Prices

Many things are used in the calculation when you get a price on insurance. Some are pretty understandable like an MVR report, but other factors are less obvious such as your marital status or your commute time.

The itemized list below are some of the most rate-impacting factors auto insurance companies consider when setting your rate level.

Lower rates by being persistent

We just presented a lot of ways to find affordable Audi A3 insurance in Bakersfield. The most important thing to understand is the more rate quotes you have, the better likelihood of getting low cost Bakersfield car insurance quotes. You may even discover the best car insurance rates are with the least-expected company. Regional companies may only write in your state and offer lower premium rates as compared to the big name companies such as GEICO and State Farm.

Low-cost Audi A3 insurance in Bakersfield is attainable both online and with local Bakersfield insurance agents, so you need to quote Bakersfield car insurance with both so you have a total pricing picture. Some insurance companies may not provide online quoting and these regional insurance providers only sell coverage through independent agents.

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