Audi Model Factors that Lower Auto Insurance Costs
Audi models are all about occupant comfort and this extends to safety in collisions as well. The Insurance Bureau of Canada reports that all Audi models perform better than average at protecting driver and passengers involved in accidents. Data collected from personal injury claims for all car accidents in the country show fewer than average claims from occupants of Audi vehicles.
Audi is also a leader in theft deterrent systems. Despite having high performance and major curb appeal, no Audi models appear on any most stolen lists for Canada. While it’s true that Audi owners may be more diligent about garage parking their vehicles. The Audi A4 and Q5 have even made a Least Stolen list.
Audi has seen a rise in overall popularity and brand perception over the last five years, at the same time that competitors such as BMW and Lexus experienced decreases. This stems from the company’s focus on innovation and thought leadership, rather than aiming for market position.
This trend results in increased sales. That in turn creates conditions for two particular potential savings points for insurance. As more Audi models hit Ontario roads, the more data insurers have on which to base risk, which likely reduces the number of Audi vehicles involved in accidents on a percentage basis. With a greater volume of vehicles, a better supply of parts may reduce overall car repair costs after accidents.
Audi Model Factors that Increase Auto Insurance Costs
Until the impact of increased sales hits the insurance statistics used by companies to set premiums, it’s likely that Audi models will continue to cost more to repair. The materials and precision manufacturing of parts contributes to the cost to build Audi vehicles and the accompanying higher sticker prices. IBC statistics show that except for a few model years, Audis cost more than average to repair after collisions.
While Audi models generally perform to high standards, there are some factors that may drive up insurance costs. In particular, Audi models prior to 2004 generally performed poorly in rear end crash testing. Though this is a 12 year old problem at time of publication, older Audis are still on the road. Premium construction and an owner’s tendency for regular maintenance gives these models good life and resale performance.
Tips for Finding the Lowest Audi Insurance Rates
The lowest insurance prices on Audi vehicles depend on factors related to car performance as well as the driver and chosen insurance company. If you’ve decided on an Audi, but haven’t chosen a model, here’s some hints about how each may affect insurance prices.
Generally speaking, SUVs, crossovers and four-door sedans score the lowest in risk due to their appeal to family-oriented owners. Models such as the A3, A4, A6 and S6 sedans and the Q3, Q5 and Q7 SUVs should score the lowest insurance rates.
The high-performance Audi TT and R8 weigh in on the other end of the scale. Both models are true sports cars for the luxury market in style and power output. Since vehicles of this nature are thought to invite more aggressive driving habits, insurers respond with higher risk ratings for these models. Higher risk means more expensive premiums.
Cabriolet and coupe models, such as those available in the A3 and A5 model lines, place between these extremes for insurance pricing.
Audi In Depth
Are You Going For An Audi? Get The Cheapest Audi Car Insurance Quotes.
Audi is known throughout the world as one of the three largest German luxury car manufacturers, alongside BMW and Mercedes-Benz. Audi manufactures their family of road and sports cars in nine production factories located throughout the world. Its headquarters is in Ingolstadt, Bavaria, Germany. Since 1966, Audi has been a subsidiary of the VW Group. At the time of purchase, Audi was known as the Auto Union. Volkswagen re-branded the vehicles and launched them back into the market the same year they purchased the brand. Audi is the Latin translation of the last name of the founder of the manufacturer, August Horch.
Audi’s models are equipped with most safety features expected in a luxury car. Most models are fitted with traction and stability control, side airbags, front and rear with curtain airbags, and driver and passenger airbags with knee airbags.
All Audi models have received high scores in NHTSA and IIHS safety and crash tests. The latest models haven’t been subjected to the new crash test from the IIHS, so they haven’t been awarded a Top Safety Pick score yet.
Maintenance and Repair Costs of Audi Cars
Many of the parts for Audi have to be imported. Because of that, Audis tend to be more expensive to run and maintain than other brands. When compared to other luxury cars like BMW and Mercedes-Benz, Audis’ repair and maintenance costs are average.
Damage Susceptibility Of Audi Vehicles
Audi’s models have received numerous awards for their reliability. German engineering has an excellent reputation throughout the world for their quality and reliability, and Audi is not an exception. Both Audi A5 and R8 have received ALG’s Canadian Residual Value Award that recognizes quality and long-term reliability.
Likelihood of Theft
Luxury cars are rare, so they tend not to be featured in most stolen cars list. Also, this type of vehicle comes equipped with an above average anti-theft system that often deters thieves. The Audi A4 has even been listed as one of the least stolen cars in Canada by the IBC.
Discover What You Could Pay for Audi Car Insurance
Find the insurance premium estimates for the Audi model that interests you by using the Ratelab car insurance calculator. Because it’s a free, no obligation service, you can run the calculator a number of times to compare Audi models and various insurance coverage options. Estimates base on the information you add, so the more accurately you complete the forms, the closer your quotes will be to the actual policy you’ll purchase.
Have information ready for yourself, any other drivers you’ll add, current car insurance information and whatever you know about the Audi that you have in mind. Simply follow the steps through to the end. The complete process, from data to quote, takes less than 10 minutes, then you’ll know what your new Audi costs to insure.
Start the process now by entering your postal code in the space provided at the top of the page. Data entry takes just a few minutes and up to 10 low cost estimates return to you quickly. It’s the best way to complete the most thorough car insurance comparison shopping.
Car Insurance in Ontario
As with every province in Canada, all vehicles using Ontario’s roads must carry insurance meeting minimum standards. The consumer market is served by the private insurance industry although it is subject to heavy regulation. Auto insurance providers retain plenty of control, as long as they declare rates and underwriting practices to the Financial Services Commission of Ontario, the body that oversees the insurance market. Once an insurer has approval for its procedures from the FSCO, it must follow these to the letter.
The car insurance consumer in Ontario retains choice within a competitive market. Even though Ontario has some of the highest insurance prices in Canada, a motorist can find hundreds of dollars difference between comparable auto policies between competing insurers. Comparing quotes between insurance companies remains the best way to find affordable prices as well as appropriate coverage.
Driving without insurance carries fines for the vehicle owner. These range from $5,000 to $50,000. Cars can also be impounded and driver’s licenses may be suspended, depending on the circumstances.
A motorist purchases insurance through one of three sources in the province. Insurance agents work directly for an insurance company and represent only that company’s products. Insurance brokers represent several insurance companies and offer a limited level of comparison shopping for their customers. Finally, direct writers are insurance companies that deal directly with motorists. In today’s insurance market, direct writers frequently distribute insurance through online sales.
Driving in Ontario
Ontario has come a long way from its origins based around water travel. Two water routes defined the province early in its existence. Both originated near Montreal. The northern route followed the Ottawa River west through present-day North Bay, Sault Ste. Marie, Thunder Bay and beyond. Originally travelled by fur traders, many waterways along this route later carried timber.
The southern route followed the St. Lawrence River into Lake Ontario and Lake Erie. Travel along this route supported both European settlers and United Empire Loyalists. These bodies of water later formed the naval routes during the War of 1812.
As modern society turned to cars, the Northern route fell from favour and the McDonald-Cartier Freeway, Highway 401, became the transportation spine of the province. Since the completion of the 401, other controlled access highways followed. The Queen Elizabeth Way connected Toronto to Buffalo in New York State. Other roads in the 400-series highways grew from local traffic needs. Highway 400 emerged as the main north-south route out of Toronto, with others, such as the 404 and 410, supporting suburban commuter traffic. Today, the 401 remains the busiest highway in Ontario, the busiest highway in North America and therefore one of the busiest highways in the world.
Road Information for Ontario
Ontario’s Ministry of Transportation oversees roads, rail and anything that moves people in the province. The MTO provides many resources for motorists in the province. Given that Ontario is a place with extreme weather between seasons and with densely populated regions in the southern parts of the province, the MTO supports motorists with information on road conditions and traffic flow.
The Ontario Highway Traffic Act holds the laws that govern vehicular traffic in the province. First issued in 1923 to deal with the increase in motorized vehicle traffic and the problems that these created, the Highway Traffic Act covers licensing, registration and operation of motor vehicles. Traffic laws, vehicle classifications and other transportation-related legislation is contained within the Act. In 2009, the latest revision added laws covering the use of cell phones in vehicles.
Finding Affordable Car Insurance in Ontario
Where you live in Ontario has a big effect on the price you pay for auto insurance. While the average annual rate for a driver with a clean record is about $1,600 annually, prices range from around $1,000 in the Kingston and Belleville area to over $2,000 in the cities of Brampton and Vaughan, north of Toronto.
The provincial government requires a minimum amount of insurance that most motorists enhance with optional coverage. There are a wide range of optional insurance products and services on offer from most companies. Any driver can customize their policy to meet their own particular needs.
The best way to find the right coverage at the lowest rates requires aggressive comparison shopping, since over 100 companies sell car insurance in the province.
Perhaps the best way to thoroughly shop is through Ratelab’s car insurance calculator. With dozens of insurance industry partners, Ratelab takes your car insurance requirements and finds the best match for products and price. The service costs nothing, and you’re under no obligation. The premium estimates you receive give you the most affordable options upon which to finalize your policy.