Anyone knows that auto insurance companies want to keep you from comparing prices. Consumers who shop around will probably move their business because they stand a good chance of finding a lower-cost company. A study showed that people who routinely shopped around saved approximately $860 a year compared to drivers who never compared rates.
If finding the cheapest price for car insurance in Memphis is your objective, then understanding how to get free comparison quotes and analyze insurance can make it easier for you to save money.
Really, the only way to find better pricing on auto insurance rates is to compare prices annually from providers in Memphis.
First, try to learn a little about coverages and the changes you can make to keep rates low. Many factors that result in higher prices like inattentive driving and a negative credit rating can be amended by making minor changes in your lifestyle. Keep reading for additional ideas to keep prices down and get discounts that may be available to you.
Second, compare rates from exclusive agents, independent agents, and direct providers. Exclusive agents and direct companies can only give rate quotes from a single company like GEICO or State Farm, while independent agencies can give you price quotes from multiple companies.
Third, compare the price quotes to your current policy to see if cheaper A4 coverage is available. If you find a lower rate and change companies, verify that coverage does not lapse between policies.
Fourth, tell your current company of your intention to cancel your existing policy. Submit a down payment along with a signed application to your new carrier. Make sure you put the proof of insurance certificate in a readily accessible location in your vehicle.
The most important part of shopping around is to make sure you enter the same deductibles and limits on every quote and and to get price quotes from as many companies as you can. This helps ensure a level playing field and a complete price analysis.
Memphis Insurance Costs are Influenced by These Factors
Many factors are taken into consideration when pricing auto insurance. Some of the criteria are obvious such as your driving history, although some other factors are not quite as obvious like your continuous coverage and annual miles driven. Part of the auto insurance buying process is learning the factors that play a part in calculating the rates you pay for auto insurance. When you understand what determines base rates, this helps enable you to make changes that could help you find much lower annual insurance costs.
- Pleasure use saves money – The more you drive your Audi every year the higher the price you pay to insure it. Most companies calculate rates based upon how the vehicle is primarily used. Cars that sit idle most of the time receive lower rates than those used for commuting. It’s always a good idea to double check that your auto insurance coverage correctly shows annual mileage. Improper usage on your A4 is throwing money out the window.
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Prices go up with performance – The performance of the vehicle you own makes a big difference in how high your rates are. Small economy passenger cars generally receive the lowest base rates, but other factors influence the final cost greatly.
The next chart uses these assumptions: married female driver age 20, full coverage with $100 deductibles, and no discounts or violations. The data compares Audi A4 car insurance rates compared to other models of vehicles that have different performance risks.
- Car features that lower rates – Selecting a car model that has a built-in theft deterrent system can help bring down rates. Theft deterrent systems like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all hinder your car from being stolen.
- Why do you need liability coverage? – Your auto insurance policy’s liability coverage will afford coverage if ever you are determined to be liable for an accident. This coverage provides legal defense coverage to attempt to prove you were not liable. Carrying liability coverage is mandatory and cheap compared to insuring for physical damage coverage, so do not cut corners here.
- Safer vehicles mean better rates – Cars with five star safety ratings tend to be cheaper to insure. Highly rated vehicles reduce injuries and better occupant protection translates directly to fewer claims which can mean better rates for you.
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Audi A4 statistical loss data – Insurance companies use data from past claims when they calculate premium rates for each model. Models that are shown to have increased claim numbers or amounts will cost more for specific coverages. The table shown below demonstrates the actual insurance loss data for Audi A4 vehicles.
For each coverage category, the loss probability for all vehicles averaged together equals 100. Values under 100 suggest losses that are better than average, while percentage numbers above 100 show a trend for more claims or larger claims.
Auto Insurance Loss Data for Audi A4 Models Specific Audi Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury Audi A4 4dr 2WD 179 107 103 80 112 100 Audi A4 4dr 4WD 160 94 118 66 68 77 Audi A4 Allroad Station Wagon 4WD 145 84 110 47 47 70 BETTERAVERAGEWORSEData Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years
Low cost Memphis Audi A4 insurance
All the larger insurance companies allow you to get prices direct online. Doing online quotes for Audi A4 insurance in Memphis is quite simple as all you need to do is type in the amount of coverage you want into the quote form. Once entered, the quote system automatically retrieves your driving record and credit report and gives you a price quote based on the information you submitted. This makes it simple to compare prices and it’s necessary to compare as many rates as possible in order to get the cheapest insurance rates.
To save time and compare pricing, visit the companies below or click here to submit a quote request to multiple companies at once. If you have your current policy handy, we recommend you type in the coverage information just like they are on your policy. This guarantees you’re receiving a fair comparison using the same coverage and limits.
The following companies have been selected to offer free quotes in Memphis, TN. If multiple companies are listed, it’s highly recommended you visit two to three different companies in order to find the most competitive rates.
Insurance coverage analysis
The price information shown below showcases different insurance prices for Audi A4 models. Learning how insurance policy premiums are determined is important for making decisions on which coverage to buy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| A4 2.0T Quattro Premium Turbo Station Wagon | $280 | $608 | $288 | $18 | $86 | $1,280 | $107 |
| A4 2.0T Premium Turbo 4-Dr Sedan | $280 | $528 | $288 | $18 | $86 | $1,200 | $100 |
| A4 2.0T Quattro Premium Turbo 4-Dr Sedan | $280 | $528 | $288 | $18 | $86 | $1,200 | $100 |
| A4 2.0T Quattro Premium Plus Turbo Station Wagon | $280 | $608 | $288 | $18 | $86 | $1,280 | $107 |
| A4 2.0T Premium Plus Turbo 4-Dr Sedan | $312 | $608 | $288 | $18 | $86 | $1,312 | $109 |
| A4 2.0T Quattro Premium Plus Turbo 4-Dr Sedan | $312 | $608 | $288 | $18 | $86 | $1,312 | $109 |
| A4 2.0T Quattro Premium Plus 4-Dr Sedan | $312 | $608 | $288 | $18 | $86 | $1,312 | $109 |
| A4 2.0T Quattro Prestige Turbo Station Wagon | $312 | $608 | $288 | $18 | $86 | $1,312 | $109 |
| A4 2.0T Quattro Prestige 4-Dr Sedan | $312 | $608 | $288 | $18 | $86 | $1,312 | $109 |
| A4 2.0T Quattro Prestige Turbo 4-Dr Sedan | $312 | $608 | $288 | $18 | $86 | $1,312 | $109 |
| Get Your Own Custom Quote Go | |||||||
Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Tennessee minimum liability limits. Discounts applied include claim-free, homeowner, multi-policy, safe-driver, and multi-vehicle. Rate information does not factor in zip code location which can modify price quotes substantially.
Deductible comparison
When buying insurance, a common question is how high or low should comp and collision deductibles be. The comparisons below summarize how much more rates are when you choose different insurance deductibles. The first rate comparisons uses a $250 deductible for comp and collision and the second price grid uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| A4 2.0T Quattro Premium Turbo Station Wagon | $252 | $510 | $288 | $18 | $86 | $1,179 | $98 |
| A4 2.0T Premium Turbo 4-Dr Sedan | $252 | $444 | $288 | $18 | $86 | $1,113 | $93 |
| A4 2.0T Quattro Premium Turbo 4-Dr Sedan | $252 | $444 | $288 | $18 | $86 | $1,113 | $93 |
| A4 2.0T Quattro Premium Plus Turbo Station Wagon | $252 | $510 | $288 | $18 | $86 | $1,179 | $98 |
| A4 2.0T Premium Plus Turbo 4-Dr Sedan | $280 | $510 | $288 | $18 | $86 | $1,207 | $101 |
| A4 2.0T Quattro Premium Plus Turbo 4-Dr Sedan | $280 | $510 | $288 | $18 | $86 | $1,207 | $101 |
| A4 2.0T Quattro Premium Plus 4-Dr Sedan | $280 | $510 | $288 | $18 | $86 | $1,207 | $101 |
| A4 2.0T Quattro Prestige Turbo Station Wagon | $280 | $510 | $288 | $18 | $86 | $1,207 | $101 |
| A4 2.0T Quattro Prestige 4-Dr Sedan | $280 | $510 | $288 | $18 | $86 | $1,207 | $101 |
| A4 2.0T Quattro Prestige Turbo 4-Dr Sedan | $280 | $510 | $288 | $18 | $86 | $1,207 | $101 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| A4 2.0T Quattro Premium Turbo Station Wagon | $156 | $320 | $288 | $18 | $86 | $868 | $72 |
| A4 2.0T Premium Turbo 4-Dr Sedan | $156 | $278 | $288 | $18 | $86 | $826 | $69 |
| A4 2.0T Quattro Premium Turbo 4-Dr Sedan | $156 | $278 | $288 | $18 | $86 | $826 | $69 |
| A4 2.0T Quattro Premium Plus Turbo Station Wagon | $156 | $320 | $288 | $18 | $86 | $868 | $72 |
| A4 2.0T Premium Plus Turbo 4-Dr Sedan | $174 | $320 | $288 | $18 | $86 | $886 | $74 |
| A4 2.0T Quattro Premium Plus Turbo 4-Dr Sedan | $174 | $320 | $288 | $18 | $86 | $886 | $74 |
| A4 2.0T Quattro Premium Plus 4-Dr Sedan | $174 | $320 | $288 | $18 | $86 | $886 | $74 |
| A4 2.0T Quattro Prestige Turbo Station Wagon | $174 | $320 | $288 | $18 | $86 | $886 | $74 |
| A4 2.0T Quattro Prestige 4-Dr Sedan | $174 | $320 | $288 | $18 | $86 | $886 | $74 |
| A4 2.0T Quattro Prestige Turbo 4-Dr Sedan | $174 | $320 | $288 | $18 | $86 | $886 | $74 |
| Get Your Own Custom Quote Go | |||||||
Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and Tennessee minimum liability limits. Discounts applied include homeowner, multi-vehicle, safe-driver, claim-free, and multi-policy. Premium costs do not factor in specific location information which can increase or decrease rates greatly.
Using the data above, we can ascertain that using a $250 deductible would cost the average driver about $26 more each month or $312 a year than requesting the higher $1,000 deductible. Due to the fact that you would have to pay $750 more out-of-pocket with a $1,000 deductible as compared to a $250 deductible, if you have at a minimum 29 months between claim filings, you would probably save some money if you choose the higher deductible. Here’s an example of how you can come to your own conclusion.
| Average monthly premium for $250 deductibles: | $99 |
| Average monthly premium for $1,000 deductibles (subtract): | – $73 |
| Monthly savings from raising deductible: | $26 |
| Difference between deductibles ($1,000 – $250): | $750 |
| Divide difference by monthly savings: | $750 / $26 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 29 months |
The example below shows how choosing a deductible and can impact Audi A4 insurance rates for different insured age categories. The premiums are based on a married female driver, comprehensive and collision coverage, and no other discounts are factored in.
Illustration showing the impact of accidents and violations
The diagram below shows how traffic citations and at-fault accidents increase Audi A4 car insurance costs for each age group. The prices are based on a married male driver, comprehensive and collision coverage, $1,000 deductibles, and no other discounts are factored in.
Insurance rates based on gender
The information below visualizes the comparison of Audi A4 yearly insurance costs for male and female drivers. The premiums are based on no violations or claims, comprehensive and collision coverage, $1,000 deductibles, marital status is single, and no additional discounts are factored in.
Why you need to buy car insurance
Despite the potentially high cost of Audi A4 insurance, paying for car insurance is not optional due to several reasons.
- The majority of states have mandatory liability insurance requirements which means it is punishable by state law to not carry specific limits of liability coverage if you drive a vehicle. In Tennessee these limits are 25/50/15 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $15,000 of property damage coverage.
- If your Audi has a lienholder, almost all lenders will stipulate that you buy full coverage to protect their interest in the vehicle. If you let the policy lapse, the bank may insure your Audi for a lot more money and require you to fork over for it.
- Insurance safeguards not only your Audi but also your assets. It will also provide coverage for medical bills for you, your passengers, and anyone else injured in an accident. Liability coverage, the one required by state law, will also pay attorney fees if you cause an accident and are sued. If your vehicle suffers damage from an accident or hail, comprehensive (other-than-collision) and collision coverage will pay all costs to repair after the deductible has been paid.
The benefits of having insurance greatly outweigh the cost, specifically if you ever have a liability claim. In a recent study of 1,000 drivers, the average customer is overpaying over $855 a year so shop around every year to make sure the price is not too high.
These discounts can lower your auto insurance quotes
Auto insurance is expensive, but discounts can save money and there are some available that could help you make your next renewal payment. A few discounts will automatically apply at the time of purchase, but occasionally some discounts must be specifically requested before they will apply.
- One Accident Forgiven – This one isn’t a discount, but a handful of insurance companies may permit one accident before your rates go up if your claims history is clear for a set time period.
- Passenger Safety Discount – Vehicles equipped with air bags and/or automatic seat belt systems can receive discounts of 20 to 30 percent.
- Discount for Swiching Early – Some insurance companies provide a discount for buying a new policy prior to the expiration date on your current A4 insurance policy. This can save 10% or more.
- Claim-Free Discount – Claim-free drivers can save substantially when compared with drivers who are more careless.
- Sign Online – A few larger online companies will discount your bill up to fifty bucks for completing your application over the internet.
- Student Discounts – Performing well in school can earn a discount of 20% or more. You can use this discount normally well after school through age 25.
- College Student – Children who are enrolled in higher education away from home and do not take a car to college may be insured at a cheaper rate.
- Lower Rates for Military – Being on active duty in the military can result in better rates.
- Anti-lock Brakes – Cars, trucks, and SUVs with ABS braking systems or traction control prevent accidents so companies give up to a 10% discount.
Discounts save money, but please remember that most discounts do not apply to the entire cost. Some only apply to the price of certain insurance coverages like physical damage coverage or medical payments. Just because it seems like you can get free auto insurance, it doesn’t quite work that way.
The example below illustrates the comparison of Audi A4 insurance costs with and without discounts applied to the policy rates. The costs are based on a male driver, no violations or accidents, Tennessee state minimum liability limits, comp and collision included, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, marriage, multi-car, homeowner, safe-driver, and multi-policy discounts applied.
Popular auto insurance companies and some of their more popular discounts can be read below.
- American Family includes discounts for early bird, TimeAway discount, mySafetyValet, multi-vehicle, good student, and Steer into Savings.
- Farm Bureau may include discounts for youthful driver, 55 and retired, good student, multi-vehicle, and multi-policy.
- State Farm has discounts for anti-theft, good student, defensive driving training, multiple autos, multiple policy, and good driver.
- Travelers discounts include save driver, student away at school, IntelliDrive, home ownership, hybrid/electric vehicle, multi-policy, and early quote.
- The Hartford may have discounts that include anti-theft, driver training, defensive driver, air bag, good student, and bundle.
- GEICO offers discounts including anti-theft, multi-vehicle, anti-lock brakes, membership and employees, and military active duty.
- Progressive offers discounts for homeowner, online signing, online quote discount, multi-vehicle, and good student.
It’s a good idea to ask each company or agent which discounts you qualify for. Some credits might not be offered in every state. To locate auto insurance companies with discount rates in Memphis, click here.
Buying insurance from Memphis insurance agencies
A lot of people just prefer to sit down and talk to an agent and there is nothing wrong with that. Professional insurance agents can make sure you are properly covered and will help you if you have claims. An additional benefit of comparing rates online is the fact that you can find better rates but still work with a licensed agent. Supporting local insurance agents is important particularly in Memphis.
To help locate an agent, after submitting this quick form, the quote information is transmitted to agents in your area who can give free rate quotes for your insurance coverage. You don’t have to contact an agency due to the fact that quote results will go to you instantly. If you have a need to get a comparison quote from a specific insurance provider, you just need to go to their quote page and complete a quote there.
The following are Memphis car insurance companies willing to provide rate quotes for Audi A4 insurance in Memphis.
Peterson Insurance Services, Inc.
8046 N Brother Blvd #101 – Memphis, TN 38133 – (901) 386-4777 – View Map
Ruby Williams – State Farm Insurance Agent
3624 Austin Peay Hwy #5 – Memphis, TN 38128 – (901) 388-0000 – View Map
Zach Jaworski – State Farm Insurance Agent
6060 Primacy Pkwy #221 – Memphis, TN 38119 – (901) 794-3691 – View Map
Allstate Insurance: Josh Roman
579 S Perkins Rd – Memphis, TN 38117 – (901) 683-8600 – View Map
Picking the best insurance company requires more thought than just a cheap price. These are some questions your agent should answer.
- Are they giving you every discount you deserve?
- Will you work with the agent or an assistant?
- Where would your vehicle be repaired?
- How are they compensated?
- Does the company have a solid financial rating?
- Does the agent have a valid license to sell insurance in Tennessee?
- Is the agency involved in supporting local community causes?
Auto insurance can get complicated
Always remember that when buying the best auto insurance coverage, there really is no cookie cutter policy. You are unique.
Here are some questions about coverages that might help in determining whether your personal situation would benefit from professional advice.
- Will my insurance pay for OEM parts?
- How does medical payments coverage work?
- What are good deductibles for a Audi A4?
- Should I put collision coverage on all my vehicles?
- Am I covered if I break a side mirror?
- Does my liability insurance cover pulling a trailer or camper?
- Why are teen drivers so expensive to add on to my policy?
- Do I need medical payments coverage since I have good health insurance?
- Does coverage follow the driver or the vehicle?
If it’s difficult to answer those questions but you think they might apply to your situation, then you may want to think about talking to an insurance agent. To find an agent in your area, fill out this quick form. It’s fast, free and can help protect your family.
Lower rates by being persistent
When buying insurance coverage, it’s very important that you do not skimp on coverage in order to save money. There are a lot of situations where drivers have reduced full coverage only to regret at claim time that a couple dollars of savings turned into a financial nightmare. The aim is to buy enough coverage at an affordable rate while not skimping on critical coverages.
Throughout this article, we presented many tips how you can compare Audi A4 insurance car insurance rates in Memphis. The key concept to understand is the more quotes you get, the better likelihood of getting the cheapest Audi A4 rate quotes. Drivers may even discover the best car insurance rates are with a lesser-known regional company.
A few companies may not provide online rate quotes and most of the time these regional insurance providers provide coverage only through local independent agents. Affordable Audi A4 insurance in Memphis is possible on the web and with local Memphis insurance agents, and you should compare price quotes from both to have the best selection.
More information is located below:
- What Determines the Price of My Auto Insurance Policy? (Insurance Information Institute)
- Who Has the Cheapest Auto Insurance Rates for Handicapped Drivers in Memphis? (FAQ)
- Who Has Cheap Car Insurance Rates for a Dodge Grand Caravan in Memphis? (FAQ)
- How Much are Car Insurance Quotes for a Chevrolet Silverado in Memphis? (FAQ)
- What Insurance is Cheapest for Inexperienced Drivers in Memphis? (FAQ)
- What Insurance is Cheapest for College Graduates in Memphis? (FAQ)
- Prom Night Tips for Teen Drivers (State Farm)
- When is the Right Time to Switch Car Insurance Companies? (Allstate)
- Red Light Cameras (State Farm)