It’s a fact that insurance companies don’t want you to look at other companies. Insureds who shop around for cheaper prices are likely to buy a new policy because there is a good probability of finding lower rate quotes. A survey found that consumers who make a habit of shopping around saved on average $850 each year compared to people who never shopped around for cheaper prices.
If finding budget-friendly insurance is the reason you’re here, then understanding how to find companies and compare car insurance can make the process less intimidating.
The preferred way to find lower priced Audi Q5 insurance in Virginia Beach is to compare quotes annually from different companies that sell auto insurance in Virginia. Price quotes can be compared by following these guidelines.
- Read and learn about the coverage provided by your policy and the measures you can control to prevent high rates. Many factors that result in higher rates such as at-fault accidents and a bad credit score can be rectified by making minor changes in your lifestyle.
- Quote rates from direct carriers, independent agents, and exclusive agents. Direct companies and exclusive agencies can give quotes from a single company like Progressive or Allstate, while agents who are independent can quote prices for many different companies.
- Compare the quotes to your existing rates to see if cheaper Q5 coverage is available. If you find better rates and decide to switch, make sure coverage does not lapse between policies.
- Notify your current company to cancel the current policy and submit a completed policy application and payment to your new carrier. Immediately upon receiving it, keep your new proof of insurance certificate along with your vehicle registration.
One key aspect when comparing rates is that you’ll want to make sure you compare the same amount of coverage on every quote request and and to get price quotes from as many different insurance providers as possible. Doing this ensures the most accurate price comparison and the most accurate and complete price analysis.
Locating the best insurance company for you in Virginia Beach is much easier if you know where to start. Basically, every car owner who requires lower cost auto insurance stands a good chance to be able to lower their premiums. But Virginia vehicle owners do need to learn how big insurance companies price online insurance because it varies considerably.
Keep in mind that comparing a large number of companies helps you find the best rates.
The auto insurance companies shown below have been selected to offer comparison quotes in Virginia Beach, VA. To buy cheaper car insurance in Virginia, we suggest you compare several of them to get the most competitive price.
Why you need car insurance
Despite the high cost, insurance serves an important purpose.
- The majority of states have minimum mandated liability insurance limits which means you are required to carry a specific minimum amount of liability if you drive a vehicle. In Virginia these limits are 25/50/20 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $20,000 of property damage coverage.
- If you have a loan on your Audi, it’s most likely the lender will require that you carry insurance to ensure the loan is repaid in case of a total loss. If you do not pay your insurance premiums, the bank will be required to insure your Audi at a significantly higher premium and require you to reimburse them much more than you were paying before.
- Car insurance preserves both your assets and your Audi. Insurance will pay for most medical and hospital costs for both you and anyone you injure as the result of an accident. Liability coverage, the one required by state law, also pays for attorney fees and expenses if anyone sues you for causing an accident. If your car is damaged in a storm or accident, comprehensive and/or collision insurance will pay to have it repaired.
The benefits of buying enough insurance outweigh the cost, especially with large liability claims. Despite what companies tell you, the average driver is currently overpaying as much as $820 a year so you should quote and compare rates at least once a year to be sure current rates are still competitive.
Audi Q5 insurance rate analysis
The table displayed below highlights different policy rates for Audi Q5 models. Having insight into how car insurance prices are determined can help drivers make decisions when choosing a new policy provider.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Q5 3.2 Premium AWD | $108 | $244 | $248 | $14 | $74 | $688 | $57 |
| Q5 3.2 Premium Plus AWD | $120 | $244 | $248 | $14 | $74 | $700 | $58 |
| Q5 3.2 Premium Plus S-Line AWD | $120 | $244 | $248 | $14 | $74 | $700 | $58 |
| Q5 3.2 Prestige AWD | $120 | $274 | $248 | $14 | $74 | $730 | $61 |
| Q5 3.2 Prestige S-Line AWD | $120 | $274 | $248 | $14 | $74 | $730 | $61 |
| Get Your Own Custom Quote Go | |||||||
Premium data assumes married male driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Virginia minimum liability limits. Discounts applied include claim-free, safe-driver, multi-vehicle, multi-policy, and homeowner. Table data does not factor in garaging location in Virginia Beach which can affect premiums noticeably.
Raise deductibles and save
One of the hardest decisions when shopping for insurance is which deductibles should you choose. The comparison tables below outline the difference in cost between low and high policy deductibles. The first data table uses a $100 physical damage deductible and the second set of rates uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Q5 3.2 Premium AWD | $250 | $542 | $258 | $16 | $78 | $1,169 | $97 |
| Q5 3.2 Premium Plus AWD | $278 | $542 | $258 | $16 | $78 | $1,197 | $100 |
| Q5 3.2 Premium Plus S-Line AWD | $278 | $542 | $258 | $16 | $78 | $1,197 | $100 |
| Q5 3.2 Prestige AWD | $278 | $614 | $258 | $16 | $78 | $1,269 | $106 |
| Q5 3.2 Prestige S-Line AWD | $278 | $614 | $258 | $16 | $78 | $1,269 | $106 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Q5 3.2 Premium AWD | $182 | $366 | $258 | $16 | $78 | $900 | $75 |
| Q5 3.2 Premium Plus AWD | $204 | $366 | $258 | $16 | $78 | $922 | $77 |
| Q5 3.2 Premium Plus S-Line AWD | $204 | $366 | $258 | $16 | $78 | $922 | $77 |
| Q5 3.2 Prestige AWD | $204 | $414 | $258 | $16 | $78 | $970 | $81 |
| Q5 3.2 Prestige S-Line AWD | $204 | $414 | $258 | $16 | $78 | $970 | $81 |
| Get Your Own Custom Quote Go | |||||||
Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, and Virginia minimum liability limits. Discounts applied include homeowner, multi-policy, claim-free, safe-driver, and multi-vehicle. Information does not factor in the specific area where the vehicle is garaged which can modify insurance rates significantly.
Using the data above, we can ascertain that using a $100 deductible could cost the average driver approximately $24 more each month or $288 a year than choosing the higher $500 deductible. Because you would be required to pay $400 more to file a claim with a $500 deductible as compared to a $100 deductible, if you tend to go at least 17 months between claims, you would probably come out ahead going with the higher deductible. The table below shows the way this calculation is made.
| Average monthly premium for $100 deductibles: | $102 |
| Average monthly premium for $500 deductibles (subtract): | – $78 |
| Monthly savings from raising deductible: | $24 |
| Difference between deductibles ($500 – $100): | $400 |
| Divide difference by monthly savings: | $400 / $24 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 17 months |
Irresponsible driving raises your rates
The example below demonstrates how speeding tickets and accidents impact Audi Q5 car insurance rates for different categories of driver ages. The costs are based on a married male driver, comprehensive and collision coverage, $500 deductibles, and no discounts are applied.
Six discounts for affordable insurance rates
Auto insurance companies don’t list every possible discount very clearly, so the following list contains both well-publicized and the harder-to-find discounts that you may qualify for.
- More Vehicles More Savings – Drivers who insure multiple vehicles with the same insurance company could earn a price break for each car.
- Student Discount for Driver Training – Require your teen driver to participate in a local driver’s education class as it will make them better drivers and lower rates.
- College Student Discount – College-age children who are enrolled in higher education away from home and do not have a car may be insured at a cheaper rate.
- Save with a New Car – Insuring a new Q5 can cost up to 25% less because newer vehicles are generally safer.
- Employee of Federal Government – Being employed by or retired from a federal job could cut as much as 10% off but check with your company.
- Multi-line Discount – Not every insurance company offers life insurance, but if they do you may earn a discounted rate on car insurance if you buy life insurance from them.
A little note about advertised discounts, most credits do not apply to the whole policy. Most only reduce individual premiums such as liability and collision coverage. So even though you would think it’s possible to get free car insurance, that’s just not realistic.
The information below illustrates the comparison of Audi Q5 insurance prices with and without discounts applied to the policy rates. The price estimates are based on a male driver, no accidents, no driving violations, Virginia state minimum liability limits, comp and collision included, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, multi-car, homeowner, claim-free, multi-policy, and marriage discounts applied.
Companies and their offered discounts are detailed below.
- Progressive includes discounts for online quote discount, multi-vehicle, continuous coverage, homeowner, online signing, multi-policy, and good student.
- MetLife offers premium reductions for claim-free, defensive driver, accident-free, good student, good driver, multi-policy
- Mercury Insurance has savings for good student, annual mileage, multi-policy, multi-car, good driver, and type of vehicle.
- Nationwide offers discounts including easy pay, good student, defensive driving, business or organization, anti-theft, and accident-free.
- GEICO discounts include multi-vehicle, anti-lock brakes, membership and employees, driver training, seat belt use, and five-year accident-free.
- AAA has discounts for multi-policy, AAA membership discount, good driver, good student, multi-car, pay-in-full, and education and occupation.
Before purchasing a policy, check with all companies you are considering how you can save money. Some of the earlier mentioned discounts may not apply everywhere.
When should I get advice from an agent?
A small number of people still prefer to talk to a local agent and that is just fine! The best thing about comparing car insurance online is you may find better rates but still work with a licensed agent.
After filling out this form (opens in new window), the quote information is submitted to insurance agents in Virginia Beach that can provide free Virginia Beach auto insurance quotes and help you find cheaper coverage. You won’t need to contact any agents as quotes are delivered instantly to you. You can find better rates AND a local agent. If you wish to get a comparison quote from one company in particular, you can always visit that company’s website and fill out the quote form the provide.
Picking an provider requires you to look at more than just the price. Any good agent in Virginia Beach should know the answers to these questions.
- Is their price quote a firm figure or are their hidden costs?
- What company holds the largest book of business for them?
- Do they offer accident forgiveness?
- How often do they review coverages?
- Does the agency support the community they serve?
- How does the company pay claims for a total loss?
If you get answers to your satisfaction to any questions you may have and locked in a price quote, it’s a good possibility that you have found an provider that meets the criteria to properly insure your vehicles. Just be aware that you have the power to terminate coverage whenever you wish so don’t assume that you are obligated to any particular company for the full term.
How much car insurance do I need?
When it comes to buying insurance from an agent or online, there isn’t really a single plan that fits everyone. Every insured’s situation is different and your car insurance should unique, too.
For example, these questions might help in determining whether you will benefit from professional help.
- Am I covered if I hit someone who is not insured?
- Should I have a commercial auto policy?
- Does my insurance cover damage caused when ticketed for reckless driving?
- Am I covered by my spouse’s policy after a separation?
- Are my friends covered when driving my car?
- What is an SR-22 filing?
- How much underlying liability do I need for an umbrella policy?
- Am I covered if hit by an uninsured driver?
- How do I buy GAP insurance?
- Why does it cost so much to insure a teen driver in Virginia Beach?
If you’re not sure about those questions but you think they might apply to your situation, then you may want to think about talking to a licensed insurance agent. To find an agent in your area, simply complete this short form or you can go here for a list of companies in your area.
What is the best car insurance company in Virginia Beach?
Selecting a highly-rated car insurance company can be a challenge considering how many different companies there are to choose from in Virginia. The company rank data displayed below can help you pick which providers you want to consider to insure your vehicles.
Top 10 Virginia Beach Car Insurance Companies by A.M. Best Rank
- Travelers – A++
- USAA – A++
- GEICO – A++
- State Farm – A++
- Erie Insurance – A+
- Titan Insurance – A+
- Esurance – A+
- Progressive – A+
- Nationwide – A+
- The Hartford – A+
Top 10 Virginia Beach Car Insurance Companies Overall
- Travelers
- USAA
- Mercury Insurance
- AAA Insurance
- Nationwide
- Allstate
- State Farm
- The Hartford
- Safeco Insurance
- Progressive
What auto insurance coverages do you need?
Knowing the specifics of your auto insurance policy can help you determine appropriate coverage and the correct deductibles and limits. Auto insurance terms can be confusing and even agents have difficulty translating policy wording. Shown next are the usual coverages found on most auto insurance policies.
Medical payments and PIP coverage
Personal Injury Protection (PIP) and medical payments coverage pay for immediate expenses for nursing services, doctor visits and EMT expenses. The coverages can be utilized in addition to your health insurance program or if you lack health insurance entirely. Coverage applies to not only the driver but also the vehicle occupants and also covers being hit by a car walking across the street. Personal Injury Protection is only offered in select states but can be used in place of medical payments coverage
Comprehensive auto coverage
This coverage will pay to fix damage from a wide range of events other than collision. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive insurance covers things such as falling objects, a broken windshield, hail damage, hitting a deer and vandalism. The maximum payout you’ll receive from a claim is the market value of your vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.
Collision protection
This coverage pays for damage to your Q5 resulting from a collision with an object or car. You have to pay a deductible then your collision coverage will kick in.
Collision coverage pays for claims such as crashing into a ditch, hitting a mailbox and sustaining damage from a pot hole. This coverage can be expensive, so consider removing coverage from vehicles that are older. Another option is to raise the deductible on your Q5 in order to get cheaper collision rates.
UM/UIM (Uninsured/Underinsured Motorist) coverage
Uninsured or Underinsured Motorist coverage gives you protection from other drivers when they either are underinsured or have no liability coverage at all. It can pay for injuries sustained by your vehicle’s occupants and also any damage incurred to your Audi Q5.
Due to the fact that many Virginia drivers have only the minimum liability required by law (25/50/20 in Virginia), their liability coverage can quickly be exhausted. So UM/UIM coverage is important protection for you and your family.
Coverage for liability
Liability coverage will cover damages or injuries you inflict on a person or their property. Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have values of 25/50/20 which stand for $25,000 bodily injury coverage, $50,000 for the entire accident, and property damage coverage for $20,000.
Liability can pay for things such as medical expenses, bail bonds and legal defense fees. How much liability should you purchase? That is a personal decision, but it’s cheap coverage so purchase as large an amount as possible. Virginia requires minimum liability limits of 25/50/20 but it’s recommended drivers buy better liability coverage.
The next chart demonstrates why low liability limits may not be enough.
Find affordable rates by being thorough
As you go through the steps to switch your coverage, do not buy less coverage just to save a little money. In many instances, someone sacrificed liability limits or collision coverage only to regret that it was a big mistake. Your focus should be to buy a smart amount of coverage at the best cost, but don’t skip important coverages to save money.
Budget-friendly car insurance in Virginia Beach can be bought online and from local agencies, so you need to shop Virginia Beach auto insurance with both in order to have the best price selection to choose from. Some car insurance companies don’t offer rate quotes online and these small, regional companies prefer to sell through independent agents.
Helpful articles
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- What Car Insurance is Cheapest for a Toyota Highlander in Virginia Beach? (FAQ)
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- Auto Insurance Facts and Statistics (Insurance Information Institute)
- Car Insurance FAQ (Trusted Choice)