Audi S5 Insurance Quotes in Minneapolis

Insurance quote for Audi S5 in MinneapolisSearching for low-cost insurance for an Audi S5 in Minnesota could be difficult, but you can learn the following methods to save time.

There are both good and bad ways to buy car insurance so we’re going to tell you the quickest way to compare rates on a Audi and get the lowest price either online or from Minneapolis insurance agents.

Many insurance companies such as Allstate and Progressive allow you to get coverage price quotes direct online. Comparing Audi S5 insurance rates online doesn’t take a lot of time as you simply type in the amount of coverage you want as detailed in the form. Once entered, their quoting system automatically retrieves credit information and your driving record and generates a price based on these and other factors.

Using the web to get price quotes for Audi S5 insurance in Minneapolis makes it a lot easier to compare rates and it’s also necessary to get many rate quotes in order to find the cheapest insurance rates.

In order to get comparison pricing now, check out the insurance providers below. If you have a policy now, it’s recommended you copy the insurance coverages exactly as shown on your declarations page. Doing this assures you will receive rate comparison quotes for the exact same coverage.

The auto insurance companies shown below provide price quotes in Minnesota. If you want to find the best auto insurance in Minneapolis, we suggest you get price quotes from several of them to get the lowest price.

Affordable rates with discounts

Companies that sell car insurance do not advertise all their discounts very clearly, so the following is a list of a few of the more common in addition to some of the lesser obvious credits available to you. If they aren’t giving you every credit available, you are not getting the best rate possible.Discount insurance

Drivers should understand that most credits do not apply to the overall cost of the policy. Most cut the price of certain insurance coverages like collision or personal injury protection. So despite the fact that it appears it’s possible to get free car insurance, that’s just not realistic. Any amount of discount will lower the amount you have to pay.

The information below compares Audi S5 car insurance rates with and without discounts applied to the premium. The price estimates are based on a male driver, no violations or claims, Minnesota state minimum liability limits, comp and collision included, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, marriage, multi-car, safe-driver, multi-policy, and homeowner discounts applied.

Some companies that possibly offer some of the discounts shown above are:

Before purchasing a policy, check with each insurance company which discounts they offer. All car insurance discounts might not be offered everywhere.

Audi S5 insurance coverage information

The rate information displayed next covers estimates of rate quotes for Audi S5 models. Learning a little about how insurance rates are formulated is important for making informed decisions when comparing rates.

Audi S5 Insurance Rates in Minneapolis, MN
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
S5 4.2 Quattro 2-Dr Coupe $238 $560 $334 $20 $100 $1,252 $104
S5 4.2 Quattro 2-Dr Coupe $238 $560 $334 $20 $100 $1,252 $104
S5 3.0 Quattro 2-Dr Convertible $238 $500 $334 $20 $100 $1,192 $99
S5 4.2 Quattro 2-Dr Coupe $238 $618 $334 $20 $100 $1,310 $109
S5 4.2 Quattro 2-Dr Coupe $238 $618 $334 $20 $100 $1,310 $109
S5 3.0 Quattro 2-Dr Convertible $260 $560 $334 $20 $100 $1,274 $106
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Data rating is based on married female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Minnesota minimum liability limits. Discounts applied include multi-vehicle, safe-driver, multi-policy, homeowner, and claim-free. Price estimates do not factor in your specific Minneapolis location which can decrease or increase prices greatly.

Comparison of policy deductibles

One of the more difficult decisions when buying insurance is where should you set your physical damage deductibles. The comparisons below help summarize the cost difference when you select higher and lower comp and collision deductibles. The first rate estimation uses a $250 comprehensive and collision deductible and the second data table uses a $500 deductible.

Audi S5 insurance rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
S5 4.2 Quattro 2-Dr Coupe $340 $708 $318 $18 $94 $1,503 $125
S5 4.2 Quattro 2-Dr Coupe $340 $708 $318 $18 $94 $1,503 $125
S5 3.0 Quattro 2-Dr Convertible $340 $634 $318 $18 $94 $1,429 $119
S5 4.2 Quattro 2-Dr Coupe $340 $782 $318 $18 $94 $1,577 $131
S5 4.2 Quattro 2-Dr Coupe $340 $782 $318 $18 $94 $1,577 $131
S5 3.0 Quattro 2-Dr Convertible $372 $708 $318 $18 $94 $1,535 $128
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Audi S5 insurance rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
S5 4.2 Quattro 2-Dr Coupe $276 $570 $318 $18 $94 $1,276 $106
S5 4.2 Quattro 2-Dr Coupe $276 $570 $318 $18 $94 $1,276 $106
S5 3.0 Quattro 2-Dr Convertible $276 $512 $318 $18 $94 $1,218 $102
S5 4.2 Quattro 2-Dr Coupe $276 $630 $318 $18 $94 $1,336 $111
S5 4.2 Quattro 2-Dr Coupe $276 $630 $318 $18 $94 $1,336 $111
S5 3.0 Quattro 2-Dr Convertible $302 $570 $318 $18 $94 $1,302 $109
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Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, and Minnesota minimum liability limits. Discounts applied include homeowner, multi-policy, claim-free, safe-driver, and multi-vehicle. Table data does not factor in specific location information which can raise or lower insurance rates considerably.

Based on the data above, we can derive that using a $250 deductible costs roughly $19 more each month or $228 for a full year across all Audi S5 models than quoting the higher $500 deductible. Because you would pay $250 more if you file a claim with a $500 deductible as compared to a $250 deductible, if you go at a minimum 13 months between claim filings, you would probably come out ahead going with the higher deductible.

How to determine when to raise your deductibles

Average monthly premium for $250 deductibles: $127
Average monthly premium for $500 deductibles (subtract): – $108
Monthly savings from raising deductible: $19
Difference between deductibles ($500 – $250): $250
Divide difference by monthly savings: $250 / $19
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 13 months

Annual premiums for males compared to females in Minneapolis

The chart below compares Audi S5 auto insurance rates for male and female drivers. The rate quotes are based on no violations or claims, comp and collision included, $1,000 deductibles, drivers are single, and no policy discounts are applied.

Should you buy full coverage?

The chart below compares Audi S5 yearly insurance costs with and without full coverage. The price estimates are based on a clean driving record, no claims, $100 deductibles, single status, and no policy discounts are applied.

Guidelines for eliminating full coverage

There is no set rule to stop buying comp and collision coverage, but there is a general convention. If the annual cost of coverage is more than about 10% 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 S5 replacement value is $8,000 and you have $1,000 deductibles. If your vehicle is destroyed, the most your company would pay you is $7,000 after paying the physical damage deductible. If premium cost is more than $700 a year for full coverage, then you might want to consider buying only liability coverage.

There are some cases where removing full coverage is not advised. If you still have a lienholder on your title, you have to keep full coverage to protect the lienholder’s interest in the vehicle. Also, if your savings is not enough to buy a different vehicle in case of an accident, you should keep full coverage.

Ratings for Minneapolis car insurance companies

Ending up with the right car insurance provider can be a challenge considering how many different insurance companies sell coverage in Minneapolis. The company information below may help you choose which companies to look at purchasing a policy from.

Top 10 Minneapolis Car Insurance Companies Ranked by Customer Satisfaction

  1. USAA – 92%
  2. American Family – 88%
  3. State Farm – 88%
  4. Nationwide – 88%
  5. 21st Century – 88%
  6. AAA Insurance – 87%
  7. Liberty Mutual – 87%
  8. Farmers Insurance – 87%
  9. The Hartford – 87%
  10. Progressive – 87%

Top 10 Minneapolis Car Insurance Companies by A.M. Best Rank

  1. USAA – A++
  2. GEICO – A++
  3. Travelers – A++
  4. State Farm – A++
  5. Allstate – A+
  6. Progressive – A+
  7. Mercury Insurance – A+
  8. The Hartford – A+
  9. Nationwide – A+
  10. Esurance – A+

Learn How to Lower Your Insurance Prices

Smart consumers have a good feel for the rating factors that help calculate your premiums. If you know what determines base rates, this allows you to make educated decisions that may result in much lower annual insurance costs. Many things are part of the calculation when pricing auto insurance. Some are pretty understandable such as your driving history, although others are not quite as obvious such as your marital status or your commute time.

How much liability protection do you need? – Liability coverage will protect you when you are ruled to be at fault for an accident. Your liability coverage provides for a legal defense to attempt to prove you were not liable. This coverage is very inexpensive as compared to coverage for physical damage, so insureds should have plenty of protection for their assets.

Use credit responsibly and save – An insured’s credit history can be a huge factor in determining what you pay. Insureds that have good credit tend to be better risks to insure than drivers who have poor credit. So if your credit score leaves room for improvement, you could be paying less to insure your Audi S5 by taking the time to improve your credit score.

Always keep your policy in force – Driving any period of time without insurance is against the law and insurance companies will penalize you for letting your insurance expire. And not only will insurance be more expensive, getting caught without coverage may earn you fines and jail time. You could then be forced to provide proof of insurance in the form of an SR-22 filing with the Minnesota department of motor vehicles.

Stay claim-free and save money – Car insurance companies in Minnesota generally give lower rates to insureds who only file infrequent claims. If you file claims often, you can pretty much guarantee higher premiums or even policy non-renewal. Your car insurance is designed for larger claims.

Pay more for higher performance vehicles – The make and model of the car or truck you are trying to find cheaper insurance for makes a big difference in how high your rates are. The cheapest rates are usually for smaller low performance passenger vehicles, but other factors influence the final cost greatly.

The next chart assumes a single female driver age 20, full coverage with $500 deductibles, and no discounts or violations. It illustrates Audi S5 rates compared to other models of vehicles that have a range of performances.

Safer vehicles cost less to insure – Vehicles with good safety scores tend to have better insurance rates. Vehicles engineered for safety reduce occupant injuries and lower rates of occupant injuries translates directly to fewer claims and more competitive rates for policyholders.

Insurance losses for an Audi S5 – Insurers use historical loss data when they set coverage costs for each model. Vehicles that historically have higher claim frequency or loss amount will have higher rates.

The data below shows the insurance loss data for Audi S5 vehicles. For each type of coverage, the loss probability for all vehicles, as a total average, is represented as 100. Percentages below 100 suggest a positive loss record, while values that are 100 or greater indicate frequent claims or a tendency for claims to be larger.

Audi S5 Insurance Loss Statistics
Specific Audi Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Audi S5 2dr 4WD 197 85 161 68
Audi S5 Convertible 4WD 162 62 124

Empty fields indicate not enough data collected
Statistics from for 2013-2015 Model Years