Smart shoppers know that car insurance companies don’t want you to look for cheaper rates. People who shop around for better prices will presumably buy a different policy because of the high probability of finding good coverage at a lower price. A recent survey found that consumers who make a habit of shopping around saved $70 a month compared to policyholders who never compared other company’s rates.
If finding discount rates on Audi TT insurance is your ultimate objective, then learning about how to choose a company and compare car insurance can make it easier for you to save money.
If your goal is the lowest price, then the best way to get cheaper car insurance rates is to start doing an annual price comparison from different companies in Lexington. Rates can be compared by completing these steps.
- Read and learn about how your policy works and the modifications you can make to prevent high rates. Many risk factors that are responsible for high rates like tickets, at-fault accidents, and an unacceptable credit history can be rectified by making small lifestyle or driving habit changes. Keep reading for more details to help prevent expensive coverage and get discounts that may be available to you.
- Obtain price quotes from exclusive agents, independent agents, and direct providers. Exclusive agents and direct companies can provide rates from one company like GEICO or State Farm, while independent agencies can give you price quotes from many different companies.
- Compare the new rate quotes to your existing coverage and see if you can save money. If you can save money, make sure there is no coverage gap between policies.
- Provide notification to your current company of your intention to cancel your current auto insurance policy and submit the signed application along with the required initial payment to your new insurance company. Once coverage is bound, place your new certificate of insurance along with the vehicle’s registration papers.
The critical component of shopping around is to make sure you enter identical coverages on every price quote and and to get price quotes from as many carriers as you can. Doing this provides an accurate price comparison and maximum price selection.
If you are insured now or just want cheaper coverage, use these cost-cutting techniques to get lower rates and still get good coverage. Our goal is to teach you the most effective way to quote insurance. Comparison shoppers only have to learn the quickest method to compare insurance rates on the web.
The quickest method we recommend to compare insurance rates from multiple companies utilizes the fact most insurance companies participate in a system to provide you with a free rate quote. The only thing you need to do is give them some information like your general credit rating, the type of vehicles you drive, types of safety features, and whether or not you need a SR-22. Your information is then submitted to insurance carriers in your area and they provide comparison quotes quickly.
To find lower cheaper Audi TT insurance rates now, click here and find out if lower rates are available in Lexington.
The following companies can provide comparison quotes in Kentucky. In order to find the cheapest auto insurance in Kentucky, it’s a good idea that you visit as many as you can in order to get a fair rate comparison.
Auto insurance is an important decision
Despite the high insurance cost for a Audi TT in Lexington, insuring your vehicle is required for several reasons.
- Most states have mandatory insurance requirements which means it is punishable by state law to not carry specific limits of liability protection if you want to drive legally. In Kentucky these limits are 25/50/10 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
- If you have a loan on your TT, most lenders will require that you have full coverage to guarantee their interest in the vehicle. If you do not pay your insurance premiums, the bank or lender will purchase a policy for your Audi at a more expensive rate and make you pay much more than you were paying before.
- Insurance safeguards both your Audi and your personal assets. Insurance will pay for hospital and medical expenses that are the result of an accident. As part of your policy, liability insurance will also pay attorney fees 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 pay to repair the damage.
The benefits of carrying adequate insurance more than cancel out the cost, especially when you need to use it. The average driver in America is currently overpaying as much as $820 a year so you should quote your policy with other companies at every renewal to be sure current rates are still competitive.
Facts and figures for Audi TT insurance
The coverage information displayed next highlights estimates of insurance policy prices for Audi TT models. Learning more about how auto insurance prices are calculated can help customers make decisions when choosing a new policy provider.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| TT 2.0T Quattro 2-Dr Coupe | $188 | $410 | $424 | $26 | $128 | $1,176 | $98 |
| TT 2.0T Quattro 2-Dr Coupe | $188 | $410 | $424 | $26 | $128 | $1,176 | $98 |
| TT 2.0T Quattro 2-Dr Coupe | $188 | $410 | $424 | $26 | $128 | $1,176 | $98 |
| TT S 2.0T Quattro 2-Dr Coupe | $208 | $464 | $424 | $26 | $128 | $1,250 | $104 |
| TT 2.0T Quattro 2-Dr Roadster | $208 | $464 | $424 | $26 | $128 | $1,250 | $104 |
| TT 2.0T Quattro 2-Dr Roadster | $208 | $464 | $424 | $26 | $128 | $1,250 | $104 |
| TT S 2.0T Quattro 2-Dr Coupe | $208 | $464 | $424 | $26 | $128 | $1,250 | $104 |
| TT S 2.0T Quattro 2-Dr Roadster | $208 | $464 | $424 | $26 | $128 | $1,250 | $104 |
| TT 2.0T Quattro 2-Dr Roadster | $208 | $464 | $424 | $26 | $128 | $1,250 | $104 |
| TT S 2.0T Quattro 2-Dr Roadster | $226 | $518 | $424 | $26 | $128 | $1,322 | $110 |
| Get Your Own Custom Quote Go | |||||||
Data assumes single female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Kentucky minimum liability limits. Discounts applied include claim-free, safe-driver, multi-policy, homeowner, and multi-vehicle. Estimates do not factor in specific Lexington garaging location which can change coverage prices significantly.
Should you raise deductibles?
One common question asked by Lexington drivers is how high should the deductibles for physical damage be. The premium rates below highlight the differences in premium rates when you choose different coverage deductibles. The first pricing table uses a $250 comprehensive and collision deductible and the second price table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| TT 2.0T Quattro 2-Dr Coupe | $318 | $576 | $326 | $20 | $98 | $1,363 | $114 |
| TT 2.0T Quattro 2-Dr Coupe | $318 | $576 | $326 | $20 | $98 | $1,363 | $114 |
| TT 2.0T Quattro 2-Dr Coupe | $318 | $576 | $326 | $20 | $98 | $1,363 | $114 |
| TT S 2.0T Quattro 2-Dr Coupe | $350 | $652 | $326 | $20 | $98 | $1,471 | $123 |
| TT 2.0T Quattro 2-Dr Roadster | $350 | $652 | $326 | $20 | $98 | $1,471 | $123 |
| TT 2.0T Quattro 2-Dr Roadster | $350 | $652 | $326 | $20 | $98 | $1,471 | $123 |
| TT S 2.0T Quattro 2-Dr Coupe | $350 | $652 | $326 | $20 | $98 | $1,471 | $123 |
| TT S 2.0T Quattro 2-Dr Roadster | $350 | $652 | $326 | $20 | $98 | $1,471 | $123 |
| TT 2.0T Quattro 2-Dr Roadster | $350 | $652 | $326 | $20 | $98 | $1,471 | $123 |
| TT S 2.0T Quattro 2-Dr Roadster | $382 | $728 | $326 | $20 | $98 | $1,579 | $132 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| TT 2.0T Quattro 2-Dr Coupe | $196 | $362 | $326 | $20 | $98 | $1,002 | $84 |
| TT 2.0T Quattro 2-Dr Coupe | $196 | $362 | $326 | $20 | $98 | $1,002 | $84 |
| TT 2.0T Quattro 2-Dr Coupe | $196 | $362 | $326 | $20 | $98 | $1,002 | $84 |
| TT S 2.0T Quattro 2-Dr Coupe | $216 | $410 | $326 | $20 | $98 | $1,070 | $89 |
| TT 2.0T Quattro 2-Dr Roadster | $216 | $410 | $326 | $20 | $98 | $1,070 | $89 |
| TT 2.0T Quattro 2-Dr Roadster | $216 | $410 | $326 | $20 | $98 | $1,070 | $89 |
| TT S 2.0T Quattro 2-Dr Coupe | $216 | $410 | $326 | $20 | $98 | $1,070 | $89 |
| TT S 2.0T Quattro 2-Dr Roadster | $216 | $410 | $326 | $20 | $98 | $1,070 | $89 |
| TT 2.0T Quattro 2-Dr Roadster | $216 | $410 | $326 | $20 | $98 | $1,070 | $89 |
| TT S 2.0T Quattro 2-Dr Roadster | $236 | $458 | $326 | $20 | $98 | $1,138 | $95 |
| Get Your Own Custom Quote Go | |||||||
Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Kentucky minimum liability limits. Discounts applied include safe-driver, homeowner, claim-free, multi-vehicle, and multi-policy. Price estimates do not factor in the specific area where the vehicle is garaged which can revise prices considerably.
We can derive from the above data that using a $250 deductible costs an average of $33 more each month or $396 each year than buying the higher $1,000 deductible. Because you would pay $750 more if you turn in a claim with a $1,000 deductible as compared to a $250 deductible, if you have at least 23 months between claim filings, you would save money if you elect the higher deductible.
How to determine if raising deductibles makes sense
| Average monthly premium for $250 deductibles: | $121 |
| Average monthly premium for $1,000 deductibles (subtract): | – $88 |
| Monthly savings from raising deductible: | $33 |
| Difference between deductibles ($1,000 – $250): | $750 |
| Divide difference by monthly savings: | $750 / $33 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 23 months |
One big caveat is that raising deductibles means you will have to pay more of your own money when you have a claim. You need enough extra money in order to pay the deductible to have repairs made.
The diagram below demonstrates how deductible levels and can affect Audi TT insurance rates for each age group. The premium estimates are based on a single female driver, full coverage, and no discounts are applied.
Cheap Lexington auto insurance rates with discounts
Some companies do not advertise every discount available in an easy-to-find place, so the below list has both the well known and the more hidden credits available to lower your premiums when you buy Lexington car insurance online. If you’re not getting every credit available, you are just wasting money.
- Bundle and Save – If you insure your home and vehicles and place coverage with the same company you could save approximately 10% to 15%.
- Theft Deterrent System – Cars, trucks, and SUVs equipped with tracking devices and advanced anti-theft systems can help prevent theft and can earn a small discount on your policy.
- Sign Online – Some auto insurance companies will discount your bill up to fifty bucks for signing up on their website.
- Anti-lock Brake Discount – Cars with ABS and/or traction control have fewer accidents so companies give up to a 10% discount.
- Homeowners Savings – Just owning your own home can help you save on auto insurance because it requires a higher level of personal finance.
- Good Grades Discount – This discount could provide a savings of up to 20% or more. Most companies allow this discount up to age 25.
- Telematics Data – People who choose to allow companies to monitor vehicle usage by installing a telematics device like In-Drive from State Farm and Progressive’s Snapshot might get better premium rates if they show good driving skills.
- Include Life Insurance and Save – Some auto insurance companies give a break if you buy some life insurance in addition to your auto policy.
Please keep in mind that some of the credits will not apply to your bottom line cost. Most cut individual premiums such as liability and collision coverage. If you do the math and it seems like it’s possible to get free car insurance, company stockholders wouldn’t be very happy. But all discounts will positively reduce your overall bill.
The example below visualizes the comparison of Audi TT car insurance costs with and without policy discounts. The rate quotes are based on a female driver, no claims or driving violations, Kentucky state minimum liability limits, comp and collision included, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, multi-car, multi-policy, marriage, homeowner, and safe-driver discounts applied.
A few popular companies and a summarized list of policyholder discounts are:
- State Farm offers premium reductions for defensive driving training, passive restraint, driver’s education, multiple policy, and student away at school.
- Farmers Insurance offers discounts including multi-car, pay in full, bundle discounts, homeowner, business and professional, and alternative fuel.
- GEICO includes discounts for anti-lock brakes, membership and employees, seat belt use, defensive driver, and daytime running lights.
- American Family offers discounts for accident-free, defensive driver, TimeAway discount, bundled insurance, good driver, and mySafetyValet.
- Nationwide has savings for business or organization, defensive driving, family plan, good student, and accident-free.
- Progressive may have discounts that include online signing, good student, continuous coverage, multi-policy, and homeowner.
When quoting, ask all companies you are considering how many discounts you can get. Savings may not apply to policies everywhere. If you would like to view auto insurance companies with discount auto insurance rates in Kentucky, follow this link.
What if I want to buy from local Lexington insurance agents?
Some consumers just prefer to sit down with an agent and that can be a smart move Agents can answer important questions and will help you if you have claims. One of the great benefits of comparing rates online is that you can obtain lower prices and still buy from a local agent. Putting coverage with local agents is especially important in Lexington.
After filling out this short form, your insurance data is immediately sent to local insurance agents in Lexington who want to provide quotes and help you find cheaper coverage. You won’t even need to drive around due to the fact that quote results will go to you directly. If you wish to compare rates from a specific insurance provider, don’t hesitate to go to their quote page and submit a quote form there.
Lexington car insurance agents come in two flavors
When researching a good insurance agency, it can be helpful to understand the different types of agents and how they are distinctly different. Agents in Lexington can either be exclusive or independent agents depending on their company appointments. Both insure your vehicles, but it’s worth mentioning how they differ since it can affect the kind of agent you use.
Independent Insurance Agents
Agents that choose to be independent are not restricted to one company so they can insure your vehicles with a variety of different insurance companies and get you the best rates possible. If your agent finds better pricing, an independent agent can move your coverage and that require little work on your part. When comparing insurance prices, you need to include price quotes from a few independent agents so that you have a good selection of quotes to compare. They also have the ability to place coverage with small regional insurance companies which can be an advantage.
Shown below is a short list of independent insurance agencies in Lexington that may be able to give free insurance rate quotes.
- Reynolds Insurance Agency Inc
1500 Leestown Rd #160 – Lexington, KY 40511 – (859) 412-4636 – View Map - Keystone Sills Insurance Agency
210 Malabu Dr – Lexington, KY 40502 – (859) 276-1881 – View Map - Greater Lexington Insurance Agency, Inc.
1066 Wellington Way – Lexington, KY 40513 – (859) 224-2477 – View Map
Exclusive Insurance Agencies
These type of agents can only provide pricing for a single company such as Farmers Insurance and State Farm. Exclusive agents cannot give you multiple price quotes so they really need to provide good service. These agents receive extensive training in insurance sales which aids in selling service over price. Drivers often choose to use an exclusive agent primarily because of the brand rather than low rates.
Listed below is a list of exclusive insurance agents in Lexington willing to provide price quote information.
- John Parkhurst – State Farm Insurance
1795 Alysheba Way #2104 – Lexington, KY 40509 – (859) 264-4422 – View Map - Jeff Briggs – State Farm Insurance Agent
449 Lewis Hargett Cir #150 – Lexington, KY 40503 – (859) 273-8512 – View Map - David Lovejoy – State Farm Insurance Agent
125 Towne Center Dr #125 – Lexington, KY 40511 – (859) 266-2121 – View Map
Selecting an car insurance agent requires you to look at more than just the price. Get answers to these questions too.
- Does the agent have a valid license to sell insurance in Kentucky?
- Does the company have a solid financial rating?
- What insurance company do they write the most business with?
- Is coverage determined by price?
- Where are claims handled?
- Which companies can they place coverage with?
Upon receiving good answers for all questions you ask in addition to an acceptable price estimate, you may have just found an insurance agent that meets your needs to adequately provide insurance.
Ratings for Kentucky auto insurance companies
Selecting the highest-rated insurance provider can be difficult considering how many companies sell coverage in Kentucky. The rank data shown below can help you decide which providers to look at when looking for cheaper rates.
| Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
|---|---|---|---|---|---|---|
| Travelers | 93 | 98 | 99 | 88% | A++ | 95.1 |
| USAA | 83 | 99 | 100 | 91% | A++ | 94.1 |
| AAA Insurance | 91 | 95 | 92 | 90% | A | 93.3 |
| Nationwide | 85 | 95 | 97 | 89% | A+ | 92.4 |
| Allstate | 77 | 100 | 97 | 88% | A+ | 90.7 |
| State Farm | 80 | 94 | 96 | 88% | A++ | 90.6 |
| The Hartford | 88 | 93 | 91 | 87% | A+ | 90.4 |
| Safeco Insurance | 91 | 95 | 85 | 88% | A | 90.2 |
| Progressive | 88 | 94 | 83 | 88% | A+ | 90.1 |
| American Family | 91 | 86 | 95 | 83% | A | 89.7 |
| Esurance | 86 | 90 | 94 | 90% | A+ | 89.5 |
| The General | 86 | 93 | 89 | 84% | A- | 88.2 |
| GEICO | 79 | 89 | 95 | 87% | A++ | 87.8 |
| 21st Century | 86 | 82 | 90 | 84% | A | 86.4 |
| Liberty Mutual | 79 | 87 | 95 | 78% | A | 85.3 |
| Erie Insurance | 87 | 84 | 85 | 85% | A+ | 85.3 |
| Farmers Insurance | 77 | 80 | 80 | 84% | A | 80.3 |
| Compare Rates Now Go | ||||||
Data Source: Insure.com Best Car Insurance Companies
Be persistent and save
While you’re price shopping online, make sure you don’t reduce coverage to reduce premium. In many cases, someone dropped liability limits or collision coverage only to find out that the few dollars in savings costed them thousands. Your aim should be to buy a smart amount of coverage at the lowest possible cost and still be able to protect your assets.
Cheaper car insurance in Lexington is possible on the web and from local agencies, so get free Lexington car insurance quotes from both of them to have the best chance of lowering rates. Some insurance providers do not offer the ability to get quotes online and usually these smaller providers sell through independent agents.
We covered many ideas to compare Audi TT insurance auto insurance rates in Lexington. The key concept to understand is the more times you quote, the more likely it is that you will get a better rate. You may even find the best price on car insurance is with a lesser-known regional company.
For more information, feel free to visit these articles:
- Teen Driving and Texting (State Farm)
- Who Has Cheap Car Insurance for High Risk Drivers in Lexington? (FAQ)
- Auto Insurance Learning Center (State Farm)
- Automakers compete to add autobraking (Insurance Institute for Highway Safety)
- Child Safety FAQ (iihs.org)
- Parking Tips to Reduce Door Dings (State Farm)