Auto Insurance Quotes for an Audi S5 in Memphis

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If you want to save the most money, the best way to get discount Audi S5 insurance is to start comparing prices yearly from providers that insure vehicles in Memphis.

  1. Try to understand how car insurance works and the changes you can make to keep rates low. Many risk factors that result in higher rates such as speeding and a less-than-favorable credit score can be controlled by making minor driving habit or lifestyle changes.
  2. Quote rates from independent agents, exclusive agents, and direct companies. Exclusive and direct companies can only provide price estimates from a single company like Progressive and State Farm, while agents who are independent can provide price quotes from multiple sources.
  3. Compare the new rates to your existing rates and determine if cheaper S5 coverage is available. If you find better rates and buy the policy, ensure coverage does not lapse between policies.

One tip to remember is to make sure you enter the same coverage limits and deductibles on every price quote and and to compare as many different companies as possible. This provides a level playing field and a complete selection of prices.

Insurance for Audi S5Unbelievably, most auto insurance customers have stayed with the same insurance company for at least the last four years, and virtually 40% of consumers have never compared rates to find affordable insurance. Memphis drivers could save 35% each year just by shopping around, but they just don't understand the actual amount they would save if they switched.

The are a couple different ways to get quotes from lots of Tennessee insurance companies. The easiest way to find affordable Audi S5 insurance rates consists of shopping online. Keep in mind that comparing a wide range of rates helps you find a better price.

The car insurance companies shown below are ready to provide quotes in Tennessee. In order to find cheap auto insurance in Tennessee, we recommend you click on several of them to get a more complete price comparison.

Rates and information analytics

The data table shown next outlines different insurance rates for Audi S5 models. Knowing how insurance premiums are formulated can be valuable when making informed purchases.

Audi S5 Insurance Rates in Memphis, TN
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
S5 4.2 Quattro 2-Dr Coupe $352 $644 $378 $22 $114 $1,510 $126
S5 4.2 Quattro 2-Dr Coupe $352 $644 $378 $22 $114 $1,510 $126
S5 3.0 Quattro 2-Dr Convertible $352 $578 $378 $22 $114 $1,444 $120
S5 4.2 Quattro 2-Dr Coupe $352 $712 $378 $22 $114 $1,578 $132
S5 4.2 Quattro 2-Dr Coupe $352 $712 $378 $22 $114 $1,578 $132
S5 3.0 Quattro 2-Dr Convertible $386 $644 $378 $22 $114 $1,544 $129
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Table data represents single male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Tennessee minimum liability limits. Discounts applied include safe-driver, multi-vehicle, multi-policy, claim-free, and homeowner. Price estimates do not factor in the specific area where the vehicle is garaged which can affect price quotes noticeably.

Deductible analysis

One of the more difficult decisions when buying insurance is which deductible level should you buy. The comparison tables below determine the difference in cost when you choose different policy deductibles. The first rate estimation uses a $100 deductible and the second price chart uses a $500 deductible.

Audi S5 insurance policy rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
S5 4.2 Quattro 2-Dr Coupe $344 $768 $288 $18 $86 $1,529 $127
S5 4.2 Quattro 2-Dr Coupe $344 $768 $288 $18 $86 $1,529 $127
S5 3.0 Quattro 2-Dr Convertible $344 $688 $288 $18 $86 $1,449 $121
S5 4.2 Quattro 2-Dr Coupe $344 $848 $288 $18 $86 $1,609 $134
S5 4.2 Quattro 2-Dr Coupe $344 $848 $288 $18 $86 $1,609 $134
S5 3.0 Quattro 2-Dr Convertible $376 $768 $288 $18 $86 $1,561 $130
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Audi S5 insurance policy rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
S5 4.2 Quattro 2-Dr Coupe $252 $520 $288 $18 $86 $1,164 $97
S5 4.2 Quattro 2-Dr Coupe $252 $520 $288 $18 $86 $1,164 $97
S5 3.0 Quattro 2-Dr Convertible $252 $466 $288 $18 $86 $1,110 $93
S5 4.2 Quattro 2-Dr Coupe $252 $574 $288 $18 $86 $1,218 $102
S5 4.2 Quattro 2-Dr Coupe $252 $574 $288 $18 $86 $1,218 $102
S5 3.0 Quattro 2-Dr Convertible $274 $520 $288 $18 $86 $1,186 $99
Get Your Own Custom Quote Go

Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Tennessee minimum liability limits. Discounts applied include homeowner, multi-vehicle, claim-free, safe-driver, and multi-policy. Price estimates do not factor in specific location information which can increase or decrease price quotes noticeably.

We can estimate from the data above that using a $100 deductible could cost the average driver approximately $31 more each month or $372 for a full year averaged for all S5 models than requesting the higher $500 deductible. Due to the fact that you would have to pay $400 more out of your own pocket with a $500 deductible as compared to a $100 deductible, if you have more than 13 months between claim filings, you would most likely save money if you elect the higher deductible.

How to determine if raising deductibles makes sense

Average monthly premium for $100 deductibles: $129
Average monthly premium for $500 deductibles (subtract): - $98
Monthly savings from raising deductible: $31
Difference between deductibles ($500 - $100): $400
Divide difference by monthly savings: $400 / $31
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 13 months

An important sidenote is that higher deductibles means you will have to pay more when you have to file a claim. It will be required that you have enough savings in the event you need to pay the deductible for vehicle repair.

The diagram below demonstrates how deductible levels and can influence Audi S5 insurance rates for different insured age categories. The data assumes a single male driver, comprehensive and collision coverage, and no discounts are taken into consideration.

You are unique and your insurance should be too

Always remember that when buying adequate coverage for your personal vehicles, there really is no perfect coverage plan. Every insured's situation is different and a cookie cutter policy won't apply.Insurance savings For example, these questions can aid in determining whether or not you will benefit from professional help.

  • What are the best liability limits?
  • What does roadside assistance cover?
  • Am I better off with higher deductibles on my Audi S5?
  • What exactly is covered by my policy?
  • How high should deductibles be on a Audi S5?
  • What discounts do I qualify for?
  • Does coverage follow the driver or the vehicle?
  • Does medical payments coverage apply to all occupants?

If you can't answer these questions but a few of them apply, 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

Exclusive versus independent car insurance agents

A small number of people would rather buy from a licensed agent. The biggest benefit of getting free rate quotes online is that you can find lower rates and still have a local agent.

Memphis insurance agentsFor easy comparison, once you complete this form (opens in new window), your coverage information is immediately sent to local insurance agents that give free quotes to get your business. You never need to search for an agent since price quotes are sent straight to your inbox. You can get cheaper car insurance rates without having to waste a lot of time. If you have a need to quote rates from a specific car insurance provider, you can always find their quoting web page and fill out the quote form the provide.

Selecting an provider should include more criteria than just the bottom line cost. Some important questions to ask are:

  • Do they have a Better Business Bureau rating in Memphis?
  • How much experience to they have in personal lines coverages?
  • Do they get extra compensation for selling add-on coverages?
  • Which companies do they recommend if they are an independent agency?
  • Do they have advanced training designations such as CPCU, AAI, AIC, or CIC?

The following is a short list of insurers in Memphis that are able to give rate quotes for Audi S5 insurance in Memphis.

More Memphis agents