The preferred way to get more affordable car insurance rates in Charlotte is to regularly compare price quotes from insurers that sell auto insurance in North Carolina. Drivers can shop around by completing these steps.
First, read about how insurance works and the measures you can take to keep rates down. Many policy risk factors that increase rates like accidents, careless driving, and a negative credit rating can be remedied by being financially responsible and driving safely.
Second, compare rates from direct carriers, independent agents, and exclusive agents. Direct companies and exclusive agencies can give quotes from a single company like GEICO and State Farm, while independent agents can quote prices from many different companies.
Third, compare the new quotes to your current policy premium to see if switching to a new carrier will save money. If you can save some money, make sure there is no coverage gap between policies.
One thing to remember is to make sure you’re comparing identical limits and deductibles on every price quote and and to get rates from as many different companies as possible. This provides a fair rate comparison and a complete selection of prices.
We don’t have to point out that fact that insurance companies don’t want you comparing rates. Drivers who get price comparisons are likely to switch to a new company because there are good odds of finding a lower-priced policy. A recent survey discovered that consumers who compared prices once a year saved $860 a year compared to people who didn’t regularly shop around.
If finding discount rates on auto insurance is the reason you’re reading this, then learning about how to get price quotes and compare insurance can make the process more efficient.
Finding more affordable insurance rates can be relatively painless. You just have to take a couple of minutes to compare rate quotes to see which company has inexpensive Charlotte auto insurance quotes.
The providers in the list below are ready to provide comparison quotes in North Carolina. If multiple companies are listed, we recommend you compare several of them in order to get a fair rate comparison.
Earn discounts on Charlotte auto insurance
Auto insurance is neither fun to buy or cheap, but you may find discounts that you may not know about. Some of these discounts will be visible at quote time, but once in a while a discount must be specifically requested prior to getting the savings.
- Senior Citizen Discount – Drivers over the age of 55 may qualify for better auto insurance rates.
- Cautious Drivers – Drivers without accidents may receive a discount up to 45% than their less cautious counterparts.
- Braking Control Discount – Cars, trucks, and SUVs that have anti-lock braking systems are much safer to drive and will save you 10% or more on S6 insurance in Charlotte.
- Onboard Data Collection – Drivers who elect to allow their auto insurance company to scrutinize driving patterns by using a telematic data system like Drivewise from Allstate or In-Drive from State Farm could save a few bucks if they have good driving habits.
- Club Memberships – Participating in a qualifying organization may earn a discount on auto insurance.
- Seat Belt Usage – Requiring all passengers to fasten their seat belts can save 10% or more off PIP or medical payments premium.
- Claim Free – Charlotte drivers who stay claim-free pay less compared to drivers who are more careless.
- Driver Safety – Completing a course teaching defensive driving skills could save 5% or more depending on where you live.
Don’t be shocked that most discounts do not apply to the entire cost. Most only apply to individual premiums such as liability, collision or medical payments. If you do the math and it seems like you could get a free auto insurance policy, company stockholders wouldn’t be very happy.
The chart below shows the comparison of Audi S6 insurance premiums with and without discounts. The data is based on a female driver, no claims or violations, North Carolina state minimum liability limits, comp and collision included, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, homeowner, multi-car, multi-policy, marriage, and claim-free discounts applied.
Insurance companies who may offer these benefits are:
When getting free Charlotte auto insurance quotes, it’s a good idea to all the companies which discounts they offer. Some discounts listed above may not apply everywhere. To see insurers that provide some of the discounts listed above in Charlotte, follow this link.
Auto insurance statistics for an Audi S6
The rate table displayed below covers different insurance costs for Audi S6 models. Learning more about how car insurance prices are formulated can assist in making smart choices when choosing a car insurance company.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| S6 Quattro 4-Dr Sedan | $342 | $718 | $254 | $16 | $76 | $1,406 | $117 |
| Get Your Own Custom Quote Go | |||||||
Data based on married female driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and North Carolina minimum liability limits. Discounts applied include multi-vehicle, multi-policy, claim-free, homeowner, and safe-driver. Price estimates do not factor in vehicle garaging location which can impact coverage prices significantly.
Policy deductibles
When buying auto insurance, a common question is how high should the physical damage coverage deductibles be. The tables below may aid in understanding the cost difference when you choose different coverage deductibles. The first data table uses a $250 deductible and the second set of prices uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| S6 Quattro 4-Dr Sedan | $316 | $614 | $250 | $14 | $74 | $1,293 | $108 |
| 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 | |||||||
Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and North Carolina minimum liability limits. Discounts applied include multi-vehicle, multi-policy, safe-driver, homeowner, and claim-free. Estimates do not factor in specific garaging location which can lower or raise coverage prices significantly.
Using the data above, we can ascertain that using a $250 deductible costs an average of $17 more each month or $204 each year than buying the higher $500 deductible. Since you would have to pay $250 more to settle a claim with a $500 deductible as compared to a $250 deductible, if you tend to go more than 15 months between claim filings, you would probably be better off by going with a higher deductible.
Calculation for determining deductible levels
| Average monthly premium for $250 deductibles: | $108 |
| Average monthly premium for $500 deductibles (subtract): | – $91 |
| Monthly savings from raising deductible: | $17 |
| Difference between deductibles ($500 – $250): | $250 |
| Divide difference by monthly savings: | $250 / $17 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 15 months |
The illustration below illustrates how your choice of deductibles and can increase or decrease Audi S6 insurance rates for each age group. The data assumes a married female driver, full coverage, and no discounts are applied to the premium.
Impact of violations and accidents on rates
The example below demonstrates how speeding tickets and at-fault collisions increase Audi S6 insurance premiums for each different age category. The data assumes a single female driver, full coverage, $100 deductibles, and no policy discounts are applied.
Full coverage versus liability only rates
The chart below shows the difference between Audi S6 insurance costs with full coverage compared to only the North Carolina minimum liability coverage. The premium estimates are based on no claims or violations, $250 deductibles, marital status is single, and no additional discounts are factored in.
Are you wasting money on full coverage?
There is no set rule of when to phase out physical damage insurance, but there is a general school of thought. If the annual cost of comprehensive and collision coverage is 10% or more of the replacement cost of your vehicle minus the policy deductible, then it’s probably a good time to buy liability coverage only.
For example, let’s assume your Audi S6 replacement value is $6,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled, the most your company would pay you is $5,000 after paying your policy deductible. If you are currently paying more than $500 a year for full coverage, then you may need to consider dropping full coverage.
There are some circumstances where buying only liability insurance is not financially feasible. If you haven’t paid off your loan, you must maintain physical damage coverage to satisfy the loan requirements. Also, if you cannot afford to purchase a different vehicle if your current one is in an accident, you should not remove full coverage.
Why Informed Consumers Pay Less for Audi S6 Insurance
One of the most helpful ways to save on auto insurance is to to have a grasp of the rating factors that help determine your premiums. If you know what impacts premium levels, this allows you to make good choices that could result in lower premium levels. Multiple criteria are part of the calculation when you get a price on insurance. Some of the criteria are obvious like an MVR report, but other factors are more transparent such as your marital status or your commute time.
Shown below are some of the most rate-impacting factors used by your company to calculate your premiums.
- Lower rates with continuous coverage – Driving without insurance can get you a ticket and companies may charge more for letting your coverage have a gap. Not only will you pay more, not being able to provide proof of insurance will get you a hefty fine and possibly a revoked license. You may then be required to submit proof of financial responsibility or a SR-22 with the North Carolina department of motor vehicles.
- Minor frequent auto insurance claims are not good – Insurance companies in North Carolina generally give lower rates to drivers who do not rely on their insurance for small claims. If you’re an insured who likes to file claims you can expect increased rates or even have your policy non-renewed. Auto insurance is intended for the bigger claims that can’t be paid out-of-pocket.
- Increase deductibles and save – Physical damage coverage, also called comprehensive and collision insurance, insures against damage to your Audi. A few examples of covered claims are colliding with a building, damage caused by hail, and burglary. Physical damage deductibles are how much you are required to pay in the event of a claim. The more money you’re willing to pay, the less your auto insurance will be.
- Is your vehicle theft-ready? – Choosing a vehicle with a theft deterrent system can help lower your premiums. Advanced theft deterrents such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all help stop auto theft.
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Loss probability for an Audi S6 – Car insurance companies use statistical claims data when they set coverage costs for each model. Models that the statistics show to have increased claim numbers or amounts will cost more for specific coverages. The next table illustrates the historical loss data for Audi S6 vehicles.
For each coverage type, the statistical loss for all vehicles, as a total average, equals 100. Numbers below 100 imply a favorable loss record, while percentage values above 100 indicate more frequent losses or an increased chance of larger losses than average.
Car Insurance Loss Data for Audi S6 Models Specific Audi Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury Audi S6 4dr 4WD 228 52 294 BETTERAVERAGEWORSEEmpty fields indicate not enough data collected
Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years
Should I get advice from an agent?
Many drivers just want to get advice from a local agent and that is just fine! Insurance agents can make sure you are properly covered and help file insurance claims. A good thing about getting free rate quotes online is the fact that you can find lower rates but still work with a licensed agent.
To find an agent, once you fill out this quick form, your coverage information is emailed to local insurance agents who will return price quotes to get your business. It makes it easy because there is no need to contact any agents due to the fact that quote results will go instantly to you. If you need to get a price quote for a specific company, just visit that company’s website and fill out the quote form the provide.
Deciding on an company requires more thought than just a cheap price quote. You should also get answers to these questions.
- Will their companies depreciate repairs to your car based on the mileage?
- Is the agency active in community causes in Charlotte?
- If independent agents, which companies do they recommend?
- Does the company have a local claim office in Charlotte?
- Do the agents have professional certifications like CPCU or CIC?
If you want to buy insurance from a local Charlotte insurance agent, you must know there are a couple different types of agents and how they function. Agents can either be independent agents or exclusive agents depending on their employer. Both types of agents can do a good job, but it is important to understand how they differ because it can impact which type of agent you select.
Exclusive Agents
Agents that elect to be exclusive write business for a single company and some examples include Allstate, Farmers Insurance or State Farm. Exclusive agents are unable to provide prices from multiple companies so you need to shop around if the rates are high. Exclusive agents are trained well on their company’s products which helps them compete with independent agents. Many people buy from the same agent for years mostly because of the prominence of the brand and strong financial ratings.
Listed below are Charlotte exclusive insurance agents who may provide you with price quote information.
- George Pettice – State Farm Insurance Agent
820 Tyvola Rd #103 – Charlotte, NC 28217 – (704) 523-1717 – View Map - GEICO Insurance Agent
4651 South Blvd Suite B – Charlotte, NC 28209 – (704) 523-2886 – View Map - Roger Craig – State Farm Insurance Agent
1427 Emerywood Dr – Charlotte, NC 28210 – (704) 553-2327 – View Map
Independent Agents
Independent agents are not employed by one company so they can write business through many different insurance companies and possibly get better coverage at lower prices. If your premiums go up, your agent can switch companies and you don’t have to do anything. When shopping rates, you need to include at least one independent agent for maximum quote selection. Most also write with mutual insurance companies who may have lower rates.
Shown below is a short list of independent agencies in Charlotte who can help you get price quote information.
- Pegram Insurance
4420 C The Plaza – Charlotte, NC 28215 – (704) 563-4343 – View Map - Pegram Insurance Agency
9010 Glenwater Dr #103 – Charlotte, NC 28262 – (704) 494-9495 – View Map - The Jordan Insurance Agency,LLC
13860 Ballantyne Corporate Pl #120 – Charlotte, NC 28277 – (704) 926-7565 – View Map
How much auto insurance do I need?
Keep in mind that when it comes to choosing proper insurance coverage, there really is no “perfect” insurance plan. Your financial needs are unique and your auto insurance should unique, too.
For example, these questions can help discover if you could use an agent’s help.
- Am I covered if I back into my garage door?
- Am I covered by my employer’s commercial auto policy when driving my personal car for business?
- Is other people’s property covered if stolen from my vehicle?
- Can I pay claims out-of-pocket if I buy high deductibles?
- Am I covered if I hit someone who is not insured?
- Am I getting all the discounts available?
- How high should my uninsured/underinsured coverage be in North Carolina?
- Why do I need rental car insurance?
- Why am I required to buy high-risk coverage?
- What is the ISO rating for a Audi S6?
If you can’t answer these questions but a few of them apply then you might want to talk to a licensed insurance agent. If you want to speak to an agent in your area, take a second and complete this form or you can go here for a list of companies in your area. It only takes a few minutes and can provide invaluable advice.
What is YOUR best insurance company?
As you go through the steps to switch your coverage, it’s very important that you do not buy less coverage just to save a little money. There are many occasions where an insured cut full coverage and discovered at claim time that the few dollars in savings costed them thousands. The proper strategy is to buy enough coverage at a price you can afford.
A few companies do not provide price quotes online and most of the time these smaller companies sell through independent insurance agencies. The cheapest Audi S6 insurance in Charlotte can be purchased online and from local insurance agents, and you need to price shop both to get a complete price analysis.
Much more information about car insurance in North Carolina can be read at these links:
- Teen Driving Statistics (iihs.org)
- What Insurance is Cheapest for a Hyundai Elantra in Charlotte? (FAQ)
- Who Has the Cheapest Charlotte Auto Insurance Quotes for Young Drivers? (FAQ)
- What Insurance is Cheapest for a Ford Fusion in Charlotte? (FAQ)
- Who Has Affordable Auto Insurance for Uninsured Drivers in Charlotte? (FAQ)
- What Car Insurance is Cheapest for College Graduates in Charlotte? (FAQ)
- What Insurance is Cheapest for Teenagers in Charlotte? (FAQ)
- How Much is Auto Insurance for Single Moms in Charlotte? (FAQ)
- What is Covered by an Auto Insurance Policy? (Insurance Information Institute)
- Protecting Teens from Drunk Driving (Insurance Information Institute)
- What is Full Coverage? (Allstate)