Finding a different company that has low cost Audi TT RS insurance can be challenging if you are like most people and have never completed online quotes. Don't let the process intimidate you because using the internet to shop for Audi TT RS insurance in Chicago is actually quite easy.
It's hard to fathom, but most consumers have purchased from the same company for at least four years, and nearly the majority have never compared insurance rates at all. Most drivers in Chicago could pocket as much as 40% a year by just comparing rate quotes, but they think it's difficult to compare other rate quotes.
All the larger insurance companies allow consumers to get prices for coverage directly from their websites. Getting quotes for Audi TT RS insurance in Chicago can be done by anyone as you simply type in the coverages you want into a form. Once you submit the form, their rating system automatically retrieves credit information and your driving record and gives you a price quote based on these factors.
This makes comparing rates easy, and it is imperative to compare as many rates as possible in order to get a lower rate.
To compare pricing, take a look at the companies shown below. If you have your current policy handy, we recommend you enter the coverages identical to your current policy. This way, you will be getting rate quotes for the exact same coverage.
The auto insurance companies shown below are our best choices to provide free quotes in Illinois. If the list has multiple companies, it's highly recommended you compare several of them to get a more complete price comparison.
Advertising and insurance
Big name companies like GEICO, State Farm and Progressive endlessly run television and radio advertisements. All the ads make the same claim that you'll save big if you get a free Chicago car insurance quote and switch your insurance policy to them. How can each company give you a lower rate on Audi TT RS insurance in Chicago? You have to listen carefully.
Most companies are able to cherry pick for the type of driver that will add to their bottom line. A good example of a profitable customer might be described as a female over age 40, has had continuous coverage, and insures a new vehicle. A customer that matches those criteria is entitled to the best price and have a good chance to save if they switch.
Consumers who are not a match for those criteria will have to pay a higher rate which results in the customer buying from someone else. The trick companies use is to say "drivers that switch" but not "everyone who gets a quote" can get the lowest rates when switching. This is how companies can advertise the way they do.
Because of these techniques, you should get price quotes at each policy renewal. Because you cannot predict which insurance company will give you lower premium rates than your current company.
Here's why insurance is not optional
Despite the high insurance cost for a Audi TT RS in Chicago, insuring your vehicle is required in Illinois but also provides important benefits.
First, almost all states have minimum liability requirements which means you are required to carry a specific minimum amount of liability protection in order to get the vehicle licensed. In Illinois these limits are 20/40/15 which means you must have $20,000 of bodily injury coverage per person, $40,000 of bodily injury coverage per accident, and $15,000 of property damage coverage.
Second, if your Audi TT RS has a lien holder, it's guaranteed your bank will require that you have comprehensive coverage to guarantee payment of the loan. If the policy lapses, the bank may buy a policy for your Audi at a much higher rate and require you to pay for the much more expensive policy.
Third, insurance preserves not only your car but also your assets. It will also cover medical bills for not only you but also any passengers injured in an accident. Liability coverage, the one required by state law, will also pay for a defense attorney in the event you are sued. If you receive damage to your vehicle caused by a storm or accident, comprehensive and collision coverage will pay to repair the damage.
The benefits of carrying enough insurance greatly outweigh the cost, especially if you ever need it. Today the average American driver is currently overpaying as much as $700 annually so it's very important to do a rate comparison every year to help ensure money is not being wasted.
Get affordable rates on Audi TT RS insurance in Chicago with these nine insurance discounts
The cost of insuring your cars can be expensive, but you may be missing some discounts that many people don't even know exist. Most are applied when you purchase, but a few must be asked for prior to receiving the credit. If you do not double check each discount possible, you are not getting the best rate possible.
- Multiple Policy Discount - When you combine your auto and homeowners insurance with one insurance company you could save over 10 percent off each policy depending on the company.
- Payment Method - If you can afford to pay the entire bill rather than paying in monthly installments you may reduce your total bill.
- Distant Student Discount - Older children who attend college more than 100 miles from Chicago and leave their car at home can receive lower rates.
- Use Seat Belts - Drivers who always wear seat belts and also require passengers to buckle up can save a little off PIP or medical payments premium.
- Save with More Vehicles Insured - Purchasing coverage when you have multiple cars on the same insurance policy can reduce the rates for all insured vehicles.
- Low Miles Discount - Low mileage vehicles may allow you to get cheaper rates.
- Memberships - Being a member of qualifying clubs or civic groups could trigger savings on your bill.
- Paperwork-free - Some insurance companies will provide an incentive get Chicago car insurance on your computer.
- Driver's Education for Students - Require your teen driver to enroll and complete driver's education as it will make them better drivers and lower rates.
Consumers should know that most of the big mark downs will not be given to all coverage premiums. Most cut the cost of specific coverages such as collision or personal injury protection. Despite the fact that it seems like you would end up receiving a 100% discount, you aren't that lucky.
The best insurance companies and a summarized list of policyholder discounts are included below.
- The Hartford offers discounts including good student, driver training, defensive driver, vehicle fuel type, bundle, anti-theft, and air bag.
- American Family discounts include good student, early bird, multi-vehicle, Steer into Savings, bundled insurance, and defensive driver.
- Progressive may have discounts that include online signing, multi-vehicle, online quote discount, multi-policy, good student, and homeowner.
- Travelers may offer discounts for driver training, multi-car, save driver, hybrid/electric vehicle, new car, and payment discounts.
- Farmers Insurance offers discounts for mature driver, business and professional, homeowner, early shopping, electronic funds transfer, and good student.
- USAA includes discounts for annual mileage, defensive driver, driver training, vehicle storage, good student, and multi-vehicle.
- Liberty Mutual offers premium reductions for multi-policy, new move discount, teen driver discount, newly married, and new vehicle discount.
Before purchasing a policy, check with all the companies how you can save money. Savings might not be offered on policies in Chicago. To view insurers that offer discounts in Illinois, click here to view.
Auto insurance quotes from local Chicago insurance agencies
Many people still prefer to buy from a local agent and often times that is recommended An additional benefit of getting online price quotes is you can get lower rates but also keep your business local. Supporting neighborhood agents is important especially in Chicago.
After filling out this short form, the quote information is submitted to local insurance agents in Chicago that can provide free Chicago car insurance quotes for your insurance coverage. It simplifies rate comparisons since you won't have to even leave your home due to the fact that quote results will go straight to your inbox. You can find lower rates without the usual hassles of price shopping. If for some reason you want to quote rates for a specific company, you just need to go to their quote page and submit a quote form there.
If you would like to find a reputable agency, there are a couple of different types of agencies and how they differ in how they quote coverages. Agencies in Chicago can be classified as either independent or exclusive.
Independent Auto Insurance Agencies
Agents of this type are not employed by one company and that allows them to write policies with any number of different companies and potentially find a lower price. If they find a lower price, they simply move your policy to a different company and you don't have to do anything.
When comparing rate quotes, you absolutely need to get rate quotes from independent agents for maximum quote selection. Most also have access to less well-known companies which can save you money.
Featured below is a small list of independent insurance agencies in Chicago who can help you get comparison quotes.
- Serpe Insurance Agency
2538 N Lincoln Ave - Chicago, IL 60614 - (773) 871-0808 - View Map
- Talro Insurance Agency
4900 W Belmont Ave - Chicago, IL 60641 - (773) 205-8255 - View Map
- Great Northern Insurance Agency
5632 S Pulaski Rd - Chicago, IL 60629 - (773) 838-3900 - View Map
Exclusive agencies generally can only insure with one company such as State Farm or Allstate. Exclusive agents cannot give you multiple price quotes so it's a take it or leave it situation. Exclusive agents are well trained on their products and sales techniques which helps overcome the inability to quote other rates. Some consumers prefer to buy from exclusive agents mostly because of loyalty to the company rather than low price.
The following is a list of exclusive agents in Chicago that are able to give comparison quotes.
- Mark Yun - State Farm Insurance Agent
223 W Cermak Rd, Fl-2 - Chicago, IL 60616 - (312) 225-8311 - View Map
- Rhea Joyer - State Farm Insurance Agent
4911 N Lincoln Ave c - Chicago, IL 60625 - (773) 878-8883 - View Map
- Jim Mays Jr - State Farm Insurance Agent
4465 N Milwaukee Ave - Chicago, IL 60630 - (773) 282-1500 - View Map
Deciding on a insurance agency requires you to look at more than just the bottom line cost. The answers to these questions are important, too.
- Do they carry Errors and Omissions coverage?
- Can they provide you with a list of referrals?
- If you raise deductibles, how much can you save?
- Do they have advanced training designations such as CPCU, AAI, AIC, or CIC?
- Are they giving you every discount you deserve?
- How many years of experience in personal auto insurance do they have?
Car insurance policy specifics
Learning about specific coverages of your car insurance policy can be of help when determining which coverages you need and the correct deductibles and limits. The coverage terms in a policy can be impossible to understand and nobody wants to actually read their policy.
Medical expense coverage
Coverage for medical payments and/or PIP kick in for short-term medical expenses for chiropractic care, prosthetic devices, X-ray expenses and nursing services. The coverages can be used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. They cover both the driver and occupants in addition to any family member struck as a pedestrian. PIP is only offered in select states and may carry a deductible
Comprehensive insurance covers damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage protects against claims such as hitting a bird, hail damage, theft and fire damage. The highest amount a car insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle's value is low consider removing comprehensive coverage.
Collision coverage pays to fix your vehicle from damage resulting from a collision with another car or object. You first must pay a deductible then the remaining damage will be paid by your insurance company.
Collision insurance covers claims such as driving through your garage door, crashing into a ditch and hitting a parking meter. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are older. Another option is to choose a higher deductible on your TT RS to bring the cost down.
Uninsured or underinsured coverage
This coverage gives you protection from other drivers when they either have no liability insurance or not enough. It can pay for medical payments for you and your occupants and also any damage incurred to your Audi TT RS.
Since a lot of drivers have only the minimum liability required by law (which is 20/40/15), it only takes a small accident to exceed their coverage. That's why carrying high Uninsured/Underinsured Motorist coverage is very important. Normally the UM/UIM limits are identical to your policy's liability coverage.
Liability insurance can cover damage that occurs to a person or their property by causing an accident. This coverage protects you against other people's claims, and doesn't cover your injuries or vehicle damage.
Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You might see policy limits of 20/40/15 which means $20,000 in coverage for each person's injuries, $40,000 for the entire accident, and a total limit of $15,000 for damage to vehicles and property. Alternatively, you may have one number which is a combined single limit which limits claims to one amount without having the split limit caps.
Liability insurance covers things like structural damage, court costs and medical services. How much liability coverage do you need? That is a personal decision, but you should buy higher limits if possible. Illinois state minimum liability requirements are 20/40/15 but you should think about purchasing more coverage.
Keep this in mind when shopping around
As you prepare to switch companies, you should never buy less coverage just to save a little money. There are too many instances where someone dropped liability coverage limits and found out when filing a claim that a couple dollars of savings turned into a financial nightmare. Your goal is to buy a smart amount of coverage at the best possible price, but do not skimp to save money.
We just showed you many ideas to get a better price on Audi TT RS insurance in Chicago. The key thing to remember is the more rate quotes you have, the higher the chance of saving money. You may even discover the best price on car insurance is with some of the lesser-known companies.
Budget-friendly car insurance in Chicago can be found on the web in addition to many Chicago insurance agents, and you should compare rates from both in order to have the best price selection to choose from. There are still a few companies who do not provide internet price quotes and usually these smaller companies only sell through independent agents.
- Winter Driving (Insurance Information Institute)
- Who Has the Cheapest Chicago Car Insurance Rates for Business Use? (FAQ)
- Safe Vehicles for Teens (iihs.org)
- How Can I Save Money on Auto Insurance? (Insurance Information Institute)
- Alcohol Impaired Driving FAQ (iihs.org)