Are you tired of trying to find lower-priced Audi Q3 insurance in Greensboro? There isn’t a single person who anticipates paying for car insurance, especially when they know the cost is way too high.
Amazingly, the vast majority of car insurance customers have purchased from the same company for more than four years, and 38% of drivers have never compared rate quotes at all. Many drivers in Greensboro could save 10% a year just by getting comparison quotes, but they don’t believe the actual amount they would save if they switched. People have multiple insurers to buy insurance from, and even though it’s nice to be able to choose, it can be more difficult to adequately compare rates for Audi Q3 insurance in Greensboro.
Greensboro Insurance Premiums are Influenced by These Factors
Consumers need to have an understanding of the rating factors that are used to determine the rates you pay for auto insurance. When you understand what positively or negatively impacts your premiums, this allows you to make good choices that can help you get big savings.
Discounts for married couples – Having a wife or husband may cut your premiums on your auto insurance policy. Marriage generally demonstrates drivers are less irresponsible and insurance companies reward insureds because drivers who are married file infrequent claims.
Men tend to take more risk – Over the last 30 years, statistics show women tend to be less risk to insure than men. That doesn’t necessarily mean that females are better at driving than males. Males and females tend to get into auto accidents in similar percentages, but the males tend to have more serious accidents. They also have more aggressive citations like reckless driving and DUI. Young males tend to get in the most accidents and therefore have the most expensive auto insurance rates.
Older drivers pay less – More mature drivers are shown to be more cautious, cost insurance companies less in claims, and usually have better credit. Young drivers tend to be inattentive when at the wheel of a vehicle so auto insurance rates are higher.
Too many claims and you’ll pay more – Auto insurance companies in North Carolina award the lowest premiums to policyholders who file claims infrequently. If you file a lot of claims you can definitely plan on either policy cancellation or increased premiums. Insurance coverage is meant to be used in the event of major claims that would cause financial hardship.
Credit history impacts prices – Your credit score can be a huge factor in determining premium rates. Therefore, if your credit history is low, you could pay less to insure your Audi Q3 if you clean up your credit. People that have high credit scores tend to file fewer claims and have better driving records than drivers with lower credit scores.
Raising physical damage deductibles lowers premiums – Insurance for physical damage, also called ‘full coverage’, covers damage that occurs to your Audi. A few examples of covered claims could be running into the backend of another car, damage from fire, and rolling your vehicle. Your deductibles define how much you are required to pay before a claim is paid by your company. The larger the amount you’re willing to pay, the lower your rates will be.
Audi Q3 historical loss data – Insurers take into consideration insurance loss statistics for every vehicle when they calculate premium prices for each model. Models that tend to have higher claim frequency or loss amount will have a higher premium rate. The data below shows the loss history for Audi Q3 vehicles.
For each type of coverage, the loss probability for all vehicles, without regard to make or model, is a value of 100. Numbers that are below 100 suggest a better than average loss history, while numbers that are greater than 100 show a trend for more claims or larger claims.
| Vehicle Make and Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Audi Q3 4WD | 116 | 69 | 94 |
Empty fields indicate not enough data collected
Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years
The companies shown below have been selected to offer free quotes in Greensboro, NC. If you wish to find cheap auto insurance in North Carolina, it’s a good idea that you visit several of them to get the best price comparison.
Why you need to buy car insurance
Despite the high insurance cost for a Audi Q3 in Greensboro, car insurance serves an important purpose.
- Most states have mandatory insurance requirements which means you are required to carry a specific level of liability in order to drive the car legally. In North Carolina these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
- If your vehicle has a loan, almost all lenders will stipulate that you buy full coverage to guarantee loan repayment. If you do not pay your insurance premiums, the bank may insure your Audi for a lot more money and make you pay the higher price.
- Car insurance protects your vehicle and your assets. It will also reimburse you for many types of medical costs incurred in an accident. Liability insurance also covers all legal expenses up to the policy limit if you are named as a defendant in an auto accident. If your car is damaged in a storm or accident, collision and comprehensive coverages will pay all costs to repair after the deductible has been paid.
The benefits of carrying enough insurance definitely exceed the cost, especially for larger claims. Today the average American driver is currently overpaying as much as $869 every year so it’s recommended you shop around at every policy renewal to help ensure money is not being wasted.
Slash rates with these discounts
Some companies don’t list the complete list of policy discounts very well, so the list below contains a few of the more common and the more hidden credits that you can use to lower your rates.
- Defensive Driver Discounts – Taking part in a course teaching defensive driving skills could cut 5% off your bill if your company offers it.
- No Claim Discounts – Drivers with accident-free driving histories pay less in comparison with insureds who have frequent claims or accidents.
- One Accident Forgiven – This isn’t a discount exactly, but a few companies such as Progressive and Allstate will forgive one accident before they charge you more for coverage if you are claim-free for a certain period of time.
- ABS Brakes – Cars with ABS and/or traction control prevent accidents and qualify for as much as a 10% discount.
- Discounts for Federal Employees – Having worked for a branch of the government could qualify for a slight premium decrease depending on your company.
Discounts save money, but please remember that most credits do not apply to the overall cost of the policy. Most only reduce individual premiums such as comp or med pay. Even though it appears adding up those discounts means a free policy, you won’t be that lucky.
Car insurance companies that have many of the previously listed discounts include:
When getting a coverage quote, ask all the companies which discounts you may be entitled to. Some discounts listed above might not be offered on policies in Greensboro.
Local agents and auto insurance
Some consumers would rather talk to an insurance agent and doing that can be a smart decision Professional insurance agents can make sure you are properly covered and help submit paperwork. The biggest benefit of comparing rate quotes online is that you can find cheap auto insurance quotes but also keep your business local.
Once you complete this form (opens in new window), your coverage information is instantly submitted to insurance agents in Greensboro that can provide free Greensboro car insurance quotes for your coverage. There is no need to contact any insurance agencies because prices are sent directly to your email. If you want to get a price quote from a particular provider, just visit that company’s website and give them your coverage information.
Deciding on an provider needs to be determined by more than just the price. The answers to these questions are important, too.
- Does the quote include credit and driving reports?
- Do they write coverage based solely on cost?
- Which companies can they place coverage with?
- When do they do policy reviews?
- Does the agent help file claims?
- Is insurance their full-time profession?
If you want to buy auto insurance from a reputable agency, it’s important to understand the types of insurance agents and how they function. Auto insurance agencies are categorized either independent agents or exclusive agents. Either can do a good job, but it is a good idea to know the difference between them because it can impact the type of agent you choose.
Exclusive Agencies
Agents that elect to be exclusive can only place business with one company like Allstate and State Farm. They usually cannot compare other company’s rates so you need to shop around if the rates are high. Exclusive agents are well trained on the products they sell which helps offset the inability to provide other markets.
The following is a short list of exclusive agents in Greensboro willing to provide comparison quotes.
Allstate Insurance: Michael Patterson
3817 Lawndale Dr, Ste B2 – Greensboro, NC 27455 – (336) 545-4596 – View Map
Keith Kepler – State Farm Insurance Agent
1603 Westover Terrace a – Greensboro, NC 27408 – (336) 294-4341 – View Map
Zach Crutchfield – State Farm Insurance Agent
3608 W Friendly Ave #207 – Greensboro, NC 27410 – (336) 547-0316 – View Map
Independent Auto Insurance Agencies
These type of agents can sell policies from many different companies and that enables them to quote your coverage with an assortment of companies and find you the best rates. If they quote lower rates, they can switch companies in-house and you won’t have to switch agencies. If you need lower rates, you definitely need to get several quotes from multiple independent agents to have the most options to choose from.
The following is a short list of independent insurance agencies in Greensboro that are able to give price quote information.
Nationwide Insurance: Gail Moseley Agency Inc
2502 Lawndale Dr – Greensboro, NC 27408 – (336) 282-3655 – View Map
Ratterree Insurance Agency
5206 W Market St – Greensboro, NC 27409 – (336) 369-0508 – View Map
Latorre Insurance
4131 Spring Garden St – Greensboro, NC 27407 – (336) 609-7027 – View Map
If you get good feedback to all your questions and an acceptable price quote, it’s possible that you found a car insurance agent that is reliable enough to properly service your auto insurance policy. Just remember you can always terminate your policy whenever you wish so never feel you’re contractually obligated to a policy with no way out.
Greensboro auto insurance companies ranked
Insuring your vehicle with a good quality car insurance provider can be a challenge considering how many companies there are to choose from in North Carolina. The information in the lists below could help you select which car insurance companies you want to consider shopping prices with.
| 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 |
| Titan Insurance | 86 | 82 | 92 | 86% | A+ | 86.5 |
| 21st Century | 86 | 82 | 90 | 84% | A | 86.4 |
| Liberty Mutual | 79 | 87 | 95 | 78% | A | 85.3 |
| Farmers Insurance | 77 | 80 | 80 | 84% | A | 80.3 |
| Compare Rates Now Go | ||||||
Data Source: Insure.com Best Car Insurance Companies
Persistence will pay off
We just covered some good ideas how to reduce Audi Q3 insurance premium rates online in Greensboro. The key concept to understand is the more companies you get prices for, the better likelihood of getting the cheapest Audi Q3 rate quotes. You may even find the most savings is with some of the smallest insurance companies. Regional companies often have lower prices on specific markets compared to the large companies like Progressive or GEICO.
When trying to cut insurance costs, make sure you don’t buy poor coverage just to save money. There have been many cases where an insured cut comprehensive coverage or liability limits to discover at claim time that their decision to reduce coverage ended up costing them more. Your objective should be to get the best coverage possible at the best possible price but still have enough coverage for asset protection.
Some insurance companies don’t offer internet price quotes and usually these regional insurance providers only sell coverage through independent agencies. Discount Audi Q3 insurance can be bought on the web and from local insurance agents, so you should compare both to get a complete price analysis.
Steps to quoting cheaper Audi Q3 insurance in Greensboro
The best way we recommend to find cheaper prices for Audi Q3 insurance in Greensboro is to make a habit of comparing prices annually from insurance carriers who sell auto insurance in North Carolina.
- First, get an understanding of how insurance companies determine prices and the measures you can take to prevent rate increases. Many rating criteria that result in higher prices like accidents, careless driving, and a less-than-favorable credit rating can be eliminated by making minor changes in your lifestyle.
- Second, request price quotes from direct carriers, independent agents, and exclusive agents. Exclusive agents and direct companies can only quote rates from a single company like GEICO and State Farm, while independent agencies can provide prices from multiple insurance companies. Start a quote
- Third, compare the new rate quotes to the price on your current policy to determine if switching companies saves money. If you find a better price and switch companies, make sure there is no coverage gap between policies.
- Fourth, notify your company or agent to cancel your current auto insurance policy. Submit payment and a signed application for your new policy. Once received, store the certificate of insurance along with your vehicle registration.
The most important part of shopping around is that you use identical coverages on each quote request and and to look at all possible companies. This helps ensure the most accurate price comparison and a good representation of prices.
Additional auto insurance information is available on the following sites:
- Air Bags: Potential Dangers to Your Children (Insurance Information Institute)
- How Much are Auto Insurance Rates for Welfare Recipients in Greensboro? (FAQ)
- Things to Know Before you Cancel Insurance (Allstate)
- Comprehensive Coverage (Liberty Mutual)