How Much Does 2001 Audi TT Insurance Cost?

Want lower car insurance rates for your Audi TT? Are you overwhelmed by the number of car insurance companies? You’re not alone. Drivers have so many options available that it can easily become a real hassle to find the best price.

Consumers should take time to compare rates before your policy renews since insurance rates change regularly. Despite the fact that you may have had the best price for TT insurance six months ago you can probably find a better price now. So forget all the misinformation about car insurance because you’re going to get a crash course in one of the easiest ways to lower your annual insurance bill.

Which Insurance is Cheapest?

There are several ways to get quotes and find the best price. The best way to find the lowest 2001 Audi TT rates is simply to get online rate quotes. This is very easy and can be done in several different ways.

The recommended way to find low rates would be an industry-wide quote request form (click to open form in new window). This method saves time by eliminating separate quotation requests for each company. A single, simple form will return price quotes instantly. This is perfect if you don’t have a lot of time.

A harder way to get quotes online is to manually visit the website for each individual company and request a quote. For instance, we’ll assume you want to compare Farmers, Geico and Allstate. To find out each rate you need to go to every website and enter your information, which is why the first method is more popular. To view a list of companies in your area, click here.

It’s up to you how you get prices quotes, just ensure you are comparing the exact same coverage information for each price quote. If you have different values for each quote it’s impossible to determine the lowest rate for your Audi TT. Slightly different limits may cause a big price difference. And when comparing insurance rates, know that comparing a large number of companies helps locate lower pricing.

Lesser-known factors impacting Audi TT insurance rates

It’s important that you understand the factors that play a part in calculating car insurance rates. Understanding what influences your rates helps enable you to make changes that could result in better car insurance rates.

Shown below are some of the items that factor into premiums.

  • With age comes lower rates – Teenage drivers are statistically proven to get distracted easily behind the wheel so they pay higher car insurance rates. If you’ve ever had to add a teen driver to your car insurance policy can be quite pricey. Older drivers are more responsible, file fewer claims and are safer drivers.
  • Never allow your policy to lapse – Allowing your car insurance policy to lapse will be a fast way to bump up your car insurance costs. And not only will insurance be more expensive, but not being able to provide proof of insurance will get you a hefty fine and possibly a revoked license.You may need to submit proof of financial responsibility or a SR-22 with your state motor vehicle department.
  • Poor driving leads to higher costs – Drivers with clean records get better rates compared to drivers with tickets. Even one ticket may increase your cost twenty percent or more. Drivers with flagrant tickets like hit and run, DWI or reckless driving convictions are required to submit a SR-22 or proof of financial responsibility with their state motor vehicle department in order to keep their license.
  • Your car insurance rates can be influenced by your job – Jobs such as lawyers, social workers and dentists tend to have the highest average rates due to high stress and long work hours. Other professions such as farmers, historians and retirees receive lower rates for TT insurance.
  • Bundling policies can get discounts – Many insurance companies will give a discount to people who carry more than one policy. It’s known as a multi-policy discount. This can amount to 10 percent or more. Even if you’re getting this discount it’s still a good idea to compare other company rates to make sure you are getting the best deal. You may still find a better deal by insuring with multiple companies.
  • Safer cars are cheaper to insure – Safer cars tend to have better insurance rates. Safer cars result in less severe injuries and any reduction in injury severity means lower claim amounts and more competitive rates for policyholders. If the Audi TT scored better than an “acceptable” rating on the Insurance Institute for Highway Safety website it is probably cheaper to insure.

Discounts to lower 2001 Audi TT insurance rates

Insurance can cost an arm and a leg, but discounts can save money and there are some available that can drop the cost substantially. A few discounts will automatically apply when you complete an application, but less common discounts must be requested specifically in order for you to get them.

  • Sign Online – A handful of insurance companies will give a small break just for signing your application on their website.
  • Theft Prevention Discount – Vehicles with anti-theft systems are stolen less frequently and qualify for as much as a 10% discount.
  • Air Bag Discount – Vehicles equipped with air bags or automatic seat belts may earn rate discounts of more than 20%.
  • Distant Student – Children who live away from home and do not have a car may be able to be covered for less.
  • Multi-policy Discount – When you combine your home and auto insurance with the same company you may save at least 10% off all policies.
  • Anti-lock Brakes – Vehicles equipped with ABS or steering control can avoid accidents and qualify for as much as a 10% discount.

Drivers should understand that most credits do not apply to the overall cost of the policy. Most cut individual premiums such as comprehensive or collision. Just because you may think you could get a free car insurance policy, it doesn’t quite work that way. But any discount will cut your premiums.

Companies that possibly offer some of the above discounts are:

Before buying, ask every prospective company which discounts you may be entitled to. Savings might not be offered in your state.

Tailor your coverage to you

When it comes to buying adequate coverage, there is no perfect coverage plan. Every insured’s situation is different.

For instance, these questions may help highlight whether or not you might need an agent’s assistance.

  • Am I missing any policy discounts?
  • Does medical payments coverage apply to all occupants?
  • What are the best liability limits?
  • Who is covered by my policy?
  • Is there coverage for injuries to my pets?
  • When should I not file a claim?
  • Does my insurance cover a custom paint job?
  • What is the minimum liability in my state?
  • How do I buy GAP insurance?

If you can’t answer these questions but a few of them apply, then you may want to think about talking to an agent. To find lower rates from a local agent, take a second and complete this form.

Car insurance coverage information

Knowing the specifics of your policy aids in choosing the best coverages and the correct deductibles and limits. Policy terminology can be impossible to understand and nobody wants to actually read their policy.

Comprehensive auto coverage

Comprehensive insurance pays for damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims such as hail damage, hitting a bird, damage from flooding, damage from getting keyed and fire damage. The highest amount your car insurance company will pay is the market value of your vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Your UM/UIM coverage protects you and your vehicle when other motorists do not carry enough liability coverage. Covered losses include injuries sustained by your vehicle’s occupants as well as damage to your Audi TT.

Because many people have only the minimum liability required by law, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is important protection for you and your family. Most of the time your uninsured/underinsured motorist coverages are set the same as your liablity limits.

Liability auto insurance

Liability insurance protects you from damage or injury you incur to other people or property that is your fault. This coverage protects you from claims by other people. It does not cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have limits of 50/100/50 that means you have $50,000 bodily injury coverage, $100,000 for the entire accident, and property damage coverage for $50,000. Occasionally you may see one limit called combined single limit (CSL) that pays claims from the same limit rather than limiting it on a per person basis.

Liability coverage pays for claims like repair bills for other people’s vehicles, bail bonds, emergency aid, attorney fees and repair costs for stationary objects. How much liability should you purchase? That is a decision to put some thought into, but it’s cheap coverage so purchase as much as you can afford.

Medical payments and PIP coverage

Med pay and PIP coverage kick in for short-term medical expenses for prosthetic devices, funeral costs and X-ray expenses. They can be used to fill the gap from your health insurance plan or if there is no health insurance coverage. Coverage applies to both the driver and occupants and also covers if you are hit as a while walking down the street. PIP coverage is not available in all states and may carry a deductible

Collision insurance

Collision insurance covers damage to your TT from colliding with an object or car. You will need to pay your deductible then your collision coverage will kick in.

Collision coverage protects against things like hitting a parking meter, scraping a guard rail, colliding with a tree, crashing into a ditch and sustaining damage from a pot hole. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from lower value vehicles. Drivers also have the option to bump up the deductible in order to get cheaper collision rates.

Money doesn’t grow on trees

Low-cost 2001 Audi TT insurance is attainable both online as well as from independent agents, so you should be comparing quotes from both so you have a total pricing picture. Some insurance coverage companies don’t offer online quoting and these smaller companies work with independent agents.

Insureds switch companies for a variety of reasons including policy cancellation, lack of trust in their agent, denial of a claim and being labeled a high risk driver. No matter why you want to switch, finding a great new company is easier than you think.

As you restructure your insurance plan, it’s not a good idea to sacrifice coverage to reduce premiums. In many instances, an insured cut liability coverage limits only to discover later that the small savings ended up costing them much more. Your focus should be to purchase plenty of coverage at an affordable rate, not the least amount of coverage.

More tips and info about insurance coverage can be found by following these links: