We don’t have to tell you that auto insurance companies don’t want you quoting rates from other companies. Drivers who compare price quotes are very likely to move their business because they stand a good chance of finding a more affordable policy premium. Surprisingly, a recent survey revealed that people who routinely shopped for cheaper coverage saved an average of $850 each year compared to those who never shopped around for lower prices.
If finding low prices for Audi S6 insurance is your ultimate goal, then learning a little about how to quote and compare coverages can make it easier to find better rates.
If you want to find the absolute lowest rates, then the best way to find cheaper Audi S6 insurance is to compare quotes annually from different companies who sell insurance in Greensboro. You can compare rates by following these guidelines.
- Spend a few minutes and learn about the different coverages in a policy and the measures you can control to drop your rates. Many rating factors that result in higher rates such as multiple speeding tickets and a negative credit rating can be amended by making lifestyle changes or driving safer. Read the full article for ideas to prevent high prices and find more discounts that you may not know about.
- Request rate estimates from exclusive agents, independent agents, and direct providers. Exclusive agents and direct companies can only give prices from a single company like GEICO and Allstate, while agents who are independent can quote prices for a wide range of insurance providers.
- Compare the new quotes to the price on your current policy to determine if you can save on S6 insurance. If you find better rates and make a switch, make sure coverage does not lapse between policies.
- Notify your agent or company of your decision to cancel the current policy. Submit a completed policy application and payment to your new carrier. Be sure to put the new certificate verifying proof of insurance with the vehicle registration.
The most important part of shopping around is to use the same physical damage deductibles and liability limits on each quote request and and to look at as many auto insurance providers as possible. This provides a level playing field and plenty of rates choose from.
To get low cost Greensboro car insurance quotes, there a variety of ways of comparing price quotes from auto insurance companies in your area. The easiest way by far to lower the rate you pay for insurance is to jump online and get quotes. When comparison shopping, having more price comparisons will improve the odds of getting more affordable rates. Some smaller insurers do not give online rate quotes, so you should also compare prices from them as well.
The following companies are ready to provide quotes in North Carolina. To buy cheaper auto insurance in NC, we recommend you visit as many as you can in order to get a fair rate comparison.
Detailed insurance information
The rate information displayed next covers a range of insurance prices for Audi S6 models. Having a good understanding how insurance quotes are calculated can be useful when making decisions when shopping your coverage around.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| S6 Quattro 4-Dr Sedan | $338 | $826 | $324 | $20 | $96 | $1,604 | $134 |
| Get Your Own Custom Quote Go | |||||||
Premium data assumes single female driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and North Carolina minimum liability limits. Discounts applied include safe-driver, multi-vehicle, claim-free, homeowner, and multi-policy. Prices do not factor in Greensboro location which can impact coverage prices noticeably.
Deductible comparison
The hardest decision when buying coverage is where should you set your physical damage deductibles. The premium rates below highlight the price difference of buying low and high insurance deductibles. The first data set uses a $100 comprehensive and collision deductible and the second rate chart uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| S6 Quattro 4-Dr Sedan | $352 | $732 | $250 | $14 | $74 | $1,447 | $121 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| S6 Quattro 4-Dr Sedan | $258 | $494 | $250 | $14 | $74 | $1,090 | $91 |
| Get Your Own Custom Quote Go | |||||||
Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and North Carolina 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 decrease or increase price quotes greatly.
Based on these figures, using a $100 deductible costs approximately $30 more each month or $360 annually than opting for the higher $500 deductible. Since the policyholder would be required to pay $400 more to settle a claim with a $500 deductible as compared to a $100 deductible, if you normally average at a minimum 13 months between claims, you would save money if you opt for a higher deductible.
Calculate deductible break even point
| Average monthly premium for $100 deductibles: | $121 |
| Average monthly premium for $500 deductibles (subtract): | – $91 |
| Monthly savings from raising deductible: | $30 |
| Difference between deductibles ($500 – $100): | $400 |
| Divide difference by monthly savings: | $400 / $30 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 13 months |
One thing to be aware of is that increasing deductibles to save money results in having to pay to pay more out-of-pocket when you file a claim. You need to make sure you have some savings in the bank in order to pay the deductible to have repairs made.
Rate difference between full and liability-only coverage
The example below shows the comparison of Audi S6 car insurance costs with full physical damage coverage and with liability coverage only. The price estimates are based on a clean driving record, no at-fault accidents, $100 deductibles, single status, and no discounts are taken into consideration.
Should you buy full coverage or liability only?
There is no exact rule that is best for determining when to drop full coverage on your policy, but there is a general convention. If the annual cost of your full coverage insurance is more than around 10% of the settlement you would receive from your company, then you might want to think about dropping full coverage.
For example, let’s assume your Audi S6 replacement value is $6,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled in an accident, the most you would get paid by your company is $5,000 after paying the physical damage deductible. If you are paying over $500 annually for comprehensive and collision coverage, then you might consider buying liability only.
There are a few situations where eliminating full coverage is not a good idea. If you have an outstanding loan on your vehicle, you have to maintain full coverage as part of the loan requirements. Also, if your finances do not allow you to purchase a different vehicle if your current one is damaged, you should maintain full coverage.
Why you need car insurance
Despite the fact that car insurance is not cheap in Greensboro, buying car insurance serves several important purposes.
First, almost all states have minimum mandated liability insurance limits which means it is punishable by state law to not carry specific minimum amounts of liability coverage in order to license the vehicle. 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.
Second, if your car has a lienholder, more than likely the lender will stipulate that you buy insurance to protect their interest in the vehicle. If you do not keep the policy in force, the bank may buy a policy for your Audi for a much higher rate and require you to pay for the expensive policy.
Third, insurance safeguards not only your vehicle but also your assets. It will also cover most medical and hospital costs for not only you but also any passengers injured in an accident. One of the most valuable coverages, liability insurance, also covers legal expenses if you cause an accident and are sued. If mother nature or an accident damages your car, your policy will pay to repair the damage minus the deductible amount.
The benefits of buying car insurance more than cancel out the cost, particularly if you ever have a claim. As of last year, the average driver in North Carolina is overpaying more than $850 per year so it’s very important to do a rate comparison at every renewal to help ensure money is not being wasted.
Companies offer many types of discounts on Audi S6 insurance in Greensboro
Some insurers don’t necessarily list every discount available in a way that’s easy to find, so the list below gives a summary of some of the best known as well as the least known credits available to you.
- Discount for Home Ownership – Owning a home in Greensboro can save you money due to the fact that maintaining a home is proof that your finances are in order.
- Telematics Devices – Drivers that enable their company to study vehicle usage by using a telematics device such as Progressive’s Snapshot might get better premium rates if their driving habits are good.
- Paperwork-free – A handful of larger companies give back up to $50 for buying a policy and signing up on the internet.
- Buy New and Save – Buying a new car instead of a used S6 is cheaper because newer models have to meet stringent safety requirements.
- Senior Citizen Rates – Drivers that qualify as senior citizens are able to get reduced rates.
- Safety Restraint Discount – Requiring all passengers to fasten their seat belts could save 15% on medical payment and PIP coverage.
- ABS Brakes – Cars equipped with ABS or steering control can stop better under adverse conditions and earn discounts up to 10%.
Discounts lower rates, but most of the big mark downs will not be given to the whole policy. Most only apply to individual premiums such as liability and collision coverage. So when the math indicates all those discounts means the company will pay you, it just doesn’t work that way.
The example below compares Audi S6 premium costs with and without discounts applied. Data assumes a female driver, a clean driving record, no at-fault accidents, North Carolina state minimum liability limits, full coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, multi-car, homeowner, marriage, multi-policy, and safe-driver discounts applied.
The best auto insurance companies and a summarized list of policyholder discounts can be read below.
- Farm Bureau has discounts for good student, multi-policy, driver training, 55 and retired, renewal discount, multi-vehicle, and youthful driver.
- Liberty Mutual may include discounts for multi-policy, hybrid vehicle, new graduate, new move discount, preferred payment discount, and multi-car.
- State Farm may have discounts that include defensive driving training, good driver, student away at school, accident-free, and anti-theft.
- Auto-Owners Insurance has savings for safe driver, paperless, paid in full, air bags, teen driver, and company car.
- GEICO discounts include emergency military deployment, daytime running lights, driver training, military active duty, anti-lock brakes, and anti-theft.
- SAFECO offers discounts including drive less, safe driver, multi-car, anti-theft, and bundle discounts.
When comparing rates, check with all companies you are considering how many discounts you can get. Some credits might not be offered on policies everywhere.
You may want advice from an insurance agency
Some consumers would rather get professional advice from a licensed agent and doing so can bring peace of mind An additional benefit of getting free rate quotes online is that drivers can save money and get cheap car insurance quotes and still choose a local agent.
By using this form (opens in new window), your insurance coverage information is submitted to insurance agents in Greensboro who will give you quotes to get your business. It’s much easier because you don’t need to contact any insurance agencies because quoted prices will be sent immediately to your email address. You can find lower rates without requiring a lot of work. If you have a need to get a comparison quote from a specific insurance company, feel free to visit that company’s website and fill out their quote form.
Picking an company requires you to look at more than just the quoted price. Here are some questions you should ask.
- Does the agent have a valid license to sell insurance in North Carolina?
- What is the agency’s Better Business Bureau rating?
- Will you get a loaner vehicle if you car is being repaired?
- Does the company use OEM repair parts?
- Are all drivers listed on the coverage quote?
- Are there any extra charges for paying monthly?
Not all auto insurance agents are the same
If you want a local agent, you need to know there are two types of insurance agents and how they are distinctly different. Greensboro agents are classified as either independent agents or exclusive agents.
Exclusive Insurance Agents
These type of agents can only place business with one company and examples are AAA, Allstate, and State Farm. These agents are not able to compare other company’s rates so keep that in mind. Exclusive agents receive a lot of sales training on sales techniques and that enables them to sell even at higher rates. Drivers often use the same agent primarily because of the brand legacy and the convenience of having all coverages with one company.
Shown below is a short list of exclusive insurance agents in Greensboro that can give you price quote information.
- Zach Crutchfield – State Farm Insurance Agent
3608 W Friendly Ave #207 – Greensboro, NC 27410 – (336) 547-0316 – View Map - GEICO Insurance Agent
4401 W Wendover Ave #103 – Greensboro, NC 27407 – (336) 852-7283 – View Map - Allstate Insurance: Terrence Williams
2109 New Garden Rd D – Greensboro, NC 27410 – (336) 282-0461 – View Map
Independent Agents (or Brokers)
Independent insurance agents do not have single company limitations so they have the ability to put coverage through lots of different companies and help determine which has the cheapest rates. If your agent finds better pricing, they simply move the coverage in-house and that require little work on your part. When searching for an agent, you definitely need to contact a couple of independent agencies for the best price selection. Many independent agencies also insure through additional companies that you may not be familiar with that may have much lower rates than larger companies.
Listed below are Greensboro independent insurance agents that are able to give price quotes.
- Barnett-Smith Insurance
218 N Eugene St – Greensboro, NC 27401 – (336) 272-4554 – View Map - Southeastern Agency Group Inc
1501 Highwoods Blvd # 301 – Greensboro, NC 27410 – (336) 218-7470 – View Map - Nationwide Insurance: Samuel M Richberg
3512 Wendover Ave E b – Greensboro, NC 27405 – (336) 375-8600 – View Map
If you get satisfactory answers to any questions you have as well as an affordable premium quote, you may have found an insurance agent that is reliable enough to properly service your car insurance policy.
Will just any policy work for me?
Always remember that when buying adequate coverage, there really isn’t a best way to insure your cars. Everyone’s situation is a little different so your insurance should reflect that
For example, these questions can help discover if you could use an agent’s help.
- Why does it cost so much to insure a teen driver in Greensboro?
- Can I afford to buy a different vehicle if my Audi S6 is totaled?
- I have a DUI can I still get coverage?
- What is PIP insurance?
- When should I remove comp and collision on my Audi S6?
- Does my policy cover my teen driver if they drive my company car?
- Is there coverage for my trailer?
- When do I need to add a new car to my policy?
If you can’t answer these questions but you think they might apply to your situation then you might want to talk to an agent. If you don’t have a local agent, complete this form or click here for a list of insurance companies in your area.
Auto insurance coverages
Knowing the specifics of a car insurance policy can help you determine the right coverages for your vehicles. The terms used in a policy can be confusing and even agents have difficulty translating policy wording. Shown next are the usual coverages available from car insurance companies.
Comprehensive coverages
Comprehensive insurance coverage pays for damage that is not covered by collision coverage. A deductible will apply and then insurance will cover the rest of the damage.
Comprehensive coverage protects against claims such as rock chips in glass, damage from flooding and hail damage. The maximum payout your car insurance company will pay is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.
Liability insurance
Liability insurance can cover injuries or damage you cause to a person or their property. It protects YOU against claims from other people. It does not cover your own vehicle damage or injuries.
Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see limits of 30/60/25 which stand for $30,000 in coverage for each person’s injuries, a total of $60,000 of bodily injury coverage per accident, and property damage coverage for $25,000.
Liability can pay for things like attorney fees, loss of income, bail bonds and legal defense fees. How much liability coverage do you need? That is a personal decision, but buy as much as you can afford. North Carolina requires minimum liability limits of 30/60/25 but you should consider buying more coverage.
The chart below shows why buying the state minimum limits may not be enough coverage.
Collision coverage protection
Collision insurance pays for damage to your S6 caused by collision with another vehicle or an object, but not an animal. You have to pay a deductible and then insurance will cover the remainder.
Collision coverage protects against things such as crashing into a building, hitting a parking meter, rolling your car, colliding with a tree and driving through your garage door. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. It’s also possible to increase the deductible on your S6 to bring the cost down.
Coverage for medical payments
Coverage for medical payments and/or PIP reimburse you for bills like ambulance fees, nursing services, surgery and doctor visits. They are used to fill the gap from your health insurance policy or if you are not covered by health insurance. Coverage applies to all vehicle occupants as well as being hit by a car walking across the street. PIP coverage is not universally available and gives slightly broader coverage than med pay
Uninsured and underinsured coverage
This coverage protects you and your vehicle’s occupants when other motorists either have no liability insurance or not enough. This coverage pays for hospital bills for your injuries and also any damage incurred to your Audi S6.
Due to the fact that many North Carolina drivers carry very low liability coverage limits (30/60/25 in North Carolina), their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.
Persistent drivers can save
When you buy Greensboro car insurance online, do not skimp on coverage in order to save money. Too many times, an accident victim reduced liability coverage limits to discover at claim time they didn’t have enough coverage. Your strategy should be to get the best coverage possible for the lowest price while not skimping on critical coverages.
We just showed you many tips how you can reduce Audi S6 insurance rates online in Greensboro. The key thing to remember is the more rate comparisons you have, the better likelihood of getting affordable Audi S6 insurance quotes. Consumers may even find the lowest rates are with a small mutual company. These companies may cover specific market segments cheaper as compared to the big name companies such as Progressive or GEICO.
Helpful information
- Vehicle Insurance (Wikipedia)
- How Much are Greensboro Car Insurance Quotes for Lyft Drivers? (FAQ)
- Who Has the Cheapest Greensboro Car Insurance for Safe Drivers? (FAQ)
- How Much is Greensboro Car Insurance for Drivers with Bad Credit? (FAQ)
- How Much are Greensboro Car Insurance Rates for Good Students? (FAQ)
- Who Has Cheap Auto Insurance for 4×4 Vehicles in Greensboro? (FAQ)
- Uninsured Motorists: Threats on the Road (Insurance Information Institute)
- Smart Auto Insurance Tips (Insurance Information Institute)
- Can I Drive Legally without Insurance? (Insurance Information Institute)
- Side Impact Crash Tests (iihs.org)