Save Money on Audi TT Insurance in Anchorage

Searching for the cheapest insurance for an Audi TT in Alaska could be a painful process, but you can learn a few tricks to make it easier. There are more efficient ways to find insurance online so we’re going to tell you the absolute fastest way to price shop coverage for a new or used Audi and obtain the cheapest rates from both online companies and Anchorage agents.

It’s an obvious assumption that car insurance companies want to keep you from shopping around. Drivers who shop around for a cheaper policy will, in all likelihood, switch to a new company because they have a good chance of finding better rates. A survey found that consumers who compared rates once a year saved approximately $865 annually compared to other drivers who never shopped around.

If saving the most money on Audi TT insurance is your objective, then knowing the best way to shop and compare auto insurance can save money and time.

You should make it a habit to compare rates occasionally because prices are rarely the same from one policy term to another. Even if you got the lowest rates on Audi TT insurance in Anchorage a couple years back you may be paying too much now. Ignore everything you know about insurance because you’re going to learn the fastest and easiest way to reduce your cost while increasing coverage.

Best Audi TT insurance price quotes in Alaska

The companies shown below offer comparison quotes in Anchorage, AK. In order to find cheap auto insurance in Alaska, we recommend you visit as many as you can to get the best price comparison.

Audi TT insurance statistics and information

The coverage information shown below highlights different prices for Audi TT models. Having a better idea how premiums are established is important for drivers to make decisions when shopping around.

Table data represents single male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Alaska minimum liability limits. Discounts applied include multi-policy, safe-driver, claim-free, homeowner, and multi-vehicle. Table data does not factor in Anchorage location which can revise rates significantly.

Should you buy full coverage?

The example below compares Audi TT premium costs with full physical damage coverage compared to only buying liability only. The rates are based on no accidents, no driving violations, $1,000 deductibles, single marital status, and no discounts are applied.

When to drop comprehensive and collision

There is no specific rule of when to eliminate full coverage, but there is a guideline you can consider. If the yearly cost of comp and collision coverage is about 10% or more of the replacement cost minus the deductible, then it might be time to buy liability only.

For example, let’s pretend your Audi TT replacement cost is $5,000 and you have $1,000 policy deductibles. If your vehicle is totaled in an accident, the most you would get paid by your company is $4,000 after you pay the deductible. If you are paying more than $400 a year to have full coverage, then you might want to think about dropping full coverage.

There are some conditions where dropping physical damage coverage is not financially feasible. If you haven’t satisfied your loan, you have to keep full coverage as part of the loan conditions. Also, if you cannot afford to purchase a different vehicle if your current one is in an accident, you should not consider dropping full coverage.

Get Lower-cost Insurance Costs by Understanding These Factors

Many factors are used when you get your auto insurance bill. Some factors are common sense like your driving record, although others are more obscure like your continuous coverage and annual miles driven. Part of the car insurance buying process is learning some of the factors that play a part in calculating car insurance rates. When you know what positively or negatively determines base rates, this enables you to make decisions that could result in lower premium levels.

Prevent theft and reduce rates – Owning a car with advanced anti-theft systems can help bring down rates. Theft prevention features such as vehicle immobilizer systems, OnStar, and tracking devices like LoJack can thwart your car from being stolen.

Long commutes cost more – Driving more miles each year the more you will pay for car insurance. Almost all companies apply a rate determined by how the vehicle is used. Autos used primarily for pleasure use qualify for better rates than vehicles that have high annual mileage. Make sure your car insurance policy is rated on annual mileage. An improperly rated TT can cost quite a bit.

Combining policies can get discounts – Most larger companies will give a discount to clients that have more than one policy such as combining an auto and homeowners policy. Even with this discount, you still need to check prices from other companies to make sure you are getting the best deal.

Higher comp and collision deductibles reduce costs – Protection for physical damage, also known as collision and other-than-collision, helps pay for damage to your vehicle. Some examples of claims that would be covered could be colliding with a building, vandalism, or theft. The deductibles you choose state the amount of money you are willing to pay if a covered claim is submitted. The larger the amount the insured is willing to pay, the less your company will charge you for insurance.

Better car insurance rates on safer cars – Cars with five star safety ratings are cheaper to insure. Highly rated vehicles help reduce the chance of injuries in an accident and reduced instances of injuries means less money paid by your insurance company and cheaper rates on your policy.

Loss statistics for an Audi TT – Insurance companies include the past claim trends for vehicles to determine a rate that will be profitable for them. Vehicles that statistically have higher claim amounts or frequency will cost more for specific coverages.

The data below shows the loss history for Audi TT vehicles. For each policy coverage, the claim amount for all vehicles, as a total average, is represented as 100. Numbers that are below 100 mean the vehicle has better than average losses, while percentage values above 100 point to more losses or a tendency for losses to be larger than average.

Get discounts on Anchorage insurance

Insurance is expensive, but discounts can save money and there are some available to cut the cost considerably. Certain discounts will be triggered automatically at the time you complete a quote, but some need to be asked about prior to getting the savings.

• ABS Braking Discount – Cars with ABS and/or traction control are much safer to drive and the ABS can save up to 10%.
• Memberships – Belonging to specific professional or occupational memberships or organizations could earn you a nice discount on your next insurance statement.
• Early Renewal Discounts – A few larger companies offer discounts for switching to them before your current TT insurance policy expires. Ten percent is about the average savings.
• Fewer Miles Equal More Savings – Keeping the miles down on your Audi could be rewarded with slightly better rates than normal.
• Lower Rates for Military – Having an actively deployed family member may lower your rates slightly.
• Theft Deterrent – Cars and trucks with anti-theft systems prevent vehicle theft and earn discounts up to 10% off your Anchorage car insurance quote.
• Accident Waiver – This isn’t a discount exactly, but a handful of insurance companies permit an accident without the usual rate increase so long as you haven’t had any claims before the accident.
• Onboard Data Collection – Insureds who allow driving data collection to analyze their driving habits by installing a telematics device like In-Drive from State Farm and Progressive’s Snapshot might see lower rates if they have good driving habits.
• Defensive Driver – Successfully completing a safe driver class may get you a small discount and easily recoup the cost of the course.

Discounts save money, but please remember that some credits don’t apply to the whole policy. Most cut specific coverage prices like physical damage coverage or medical payments. Despite the fact that it seems like all the discounts add up to a free policy, nobody gets a free ride.

The illustration below compares Audi TT annual premium costs with and without discounts applied to the rates. The prices are based on a female driver, no claims or driving citations, Alaska state minimum liability limits, comprehensive and collision coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, multi-car, marriage, claim-free, safe-driver, and homeowner discounts applied.

To see a list of providers who offer online Audi TT insurance quotes in Anchorage, click this link.

Car insurance is available from local insurance agents

Many people would prefer to sit down and talk to an agent and that can be a smart move Good insurance agents are very good at helping people manage risk and help submit paperwork. A nice benefit of comparing rate quotes online is the fact that drivers can get cheap car insurance rates and still have a local agent.

Upon completion of this simple form, the coverage information gets sent to insurance agents in Anchorage who will give competitive quotes to get your business. It simplifies rate comparisons since you won’t have to contact an agency because prices are sent instantly to you. If you have a need to get a rate quote for a specific company, feel free to go to their quote page to submit a rate quote request.

Finding the right provider should depend on more than just the bottom line cost. Some important questions to ask are:

• What companies can they write with?
• Are they able to influence company decisions when a claim is filed?
• Are claims handled at the agent’s location?
• Is the agent and/or agency licensed to do business in Alaska?
• Are there any discounts that you might be missing?
• Are aftermarket or OEM parts used to repair vehicles?

If you want to use a reliable insurance agency, you need to know there are two types of insurance agents and how they are slightly different. Car insurance agents may be either independent agents or exclusive agents. Both types of agents can do a good job, but it’s good to learn the differences since it may influence which type of agent you select.

Exclusive Agents

These agents can usually just insure with one company and examples are State Farm, AAA, Farmers Insurance or Allstate. These agents are unable to shop your coverage around so always compare other rates. These agents receive a lot of sales training on what they offer which helps them compete with independent agents. Consumers frequently purchase coverage from exclusives mainly due to the brand rather than having the cheapest rates.

The following are exclusive agencies in Anchorage willing to provide price quote information.

• Tim Graham – State Farm Insurance Agent
  1417 W Northern Lights Blvd A – Anchorage, AK 99503 – (907) 561-4000 – View Map
• Amanda Juliussen – State Farm Insurance Agent
  5600 Debarr Road Ste 140 – Anchorage, AK 99504 – (907) 333-4131 – View Map
• Allstate Insurance: Ann T. Steck-Nale
  1120 Huffman Rd, Ste A21 – Anchorage, AK 99515 – (907) 333-4411 – View Map

View more agents

Independent Insurance Agents

Agents of this type often have affiliation with several companies and that is an advantage because they can write policies with a variety of different insurance companies and possibly get better coverage at lower prices. If they quote lower rates, they simply move the coverage in-house and you won’t have to switch agencies.

If you are comparing car insurance prices, you will want to get some free quotes from several independent agencies to ensure the widest selection of prices. Most independent agents also contract with mutual insurance companies which may provide better rates.

Shown below are Anchorage independent agents willing to provide price quotes.

• J C Morris Insurance Services
  4011 Arctic Blvd #105 – Anchorage, AK 99503 – (907) 272-2524 – View Map
• Alaska Pacific Insurance Agency dba: APIA Insurance
  912 E 15th Ave #100 – Anchorage, AK 99501 – (800) 890-5563 – View Map
• Randall Moss Insurance
  2960 C St #200 – Anchorage, AK 99503 – (907) 562-6224 – View Map

View more agents

Ratings for Alaska auto insurance companies

Insuring your vehicle with the right car insurance company can be a challenge considering how many choices drivers have in Anchorage. The company information shown next can help you choose which companies you want to consider comparing rates with.

Top 10 Anchorage Car Insurance Companies Ranked by Customer Satisfaction

1. USAA – 94%
2. AAA Insurance – 91%
3. State Farm – 90%
4. GEICO – 89%
5. The Hartford – 89%
6. The General – 88%
7. 21st Century – 88%
8. Allstate – 88%
9. Liberty Mutual – 88%
10. Esurance – 87%

Top 10 Anchorage Car Insurance Companies Ranked by Claims Service

1. State Farm
2. Esurance
3. AAA Insurance
4. Progressive
5. GEICO
6. Liberty Mutual
7. Allstate
8. The Hartford
9. The General
10. Farmers Insurance

Insurance can be complex

Keep in mind that when it comes to choosing coverage online or from an agent, there really isn’t a “best” method to buy coverage. Your needs are unique to you.

For instance, these questions may help you determine whether your personal situation will benefit from professional help.

• How can I get the company to pay a claim?
• Am I missing any policy discounts?
• What is an adequate liability insurance limit?
• Is rental equipment covered for theft or damage?
• Do I have coverage if my license is suspended?
• Do I have coverage if I rent a car in Mexico?
• When can I cancel my policy?

If it’s difficult to answer those questions but you know they apply to you, then you may want to think about talking to an agent. If you don’t have a local agent, simply complete this short form. It’s fast, doesn’t cost anything and may give you better protection.

Cheap auto insurance rates are available

Cheaper auto insurance in Anchorage can be sourced both online and also from your neighborhood Anchorage agents, so you should be comparing quotes from both to have the best selection. Some insurance providers don’t offer the ability to get quotes online and most of the time these small, regional companies only sell through local independent agents.

As you go through the steps to switch your coverage, it’s not a good idea to reduce needed coverages to save money. In too many instances, someone dropped uninsured motorist or liability limits and learned later that they should have had better coverage. The goal is to find the BEST coverage for the lowest cost, but do not skimp to save money.

We just presented a lot of techniques to save on Audi TT insurance in Anchorage. It’s most important to understand that the more quotes you get, the better your chances of lowering your premium rates. You may even be surprised to find that the best price on auto insurance is with a smaller regional carrier.

Steps to buying affordable Audi TT insurance in Anchorage

The most effective way to get affordable Audi TT insurance is to start doing an annual price comparison from insurers that sell auto insurance in Anchorage.

• First, take a few minutes and learn about the different coverages in a policy and the things you can change to lower rates. Many rating criteria that cause rate increases such as traffic citations and a less-than-favorable credit score can be amended by making small lifestyle or driving habit changes.
• Second, quote rates from exclusive agents, independent agents, and direct providers. Exclusive agents and direct companies can only give rate quotes from a single company like GEICO or State Farm, while agents who are independent can provide price quotes for a wide range of companies. Begin your rate comparison
• Third, compare the new rate quotes to your current policy to determine if switching companies saves money. If you can save money and decide to switch, verify that coverage does not lapse between policies.
• Fourth, provide proper notification to your current company to cancel your current car insurance policy and submit a signed application and payment to your new company or agent. Once the application is submitted, place the new certificate verifying proof of insurance with your vehicle’s registration.

An essential thing to point out is that you’ll want to make sure you compare similar coverage information on every quote and and to analyze as many different insurance providers as possible. Doing this helps ensure a fair price comparison and a thorough selection of prices.

For more information, feel free to browse these articles:

• Car Insurance: When not to Skimp (BankRate.com)
• Who Has the Cheapest Car Insurance Rates for Drivers Under 21 in Anchorage? (FAQ)
• How Much are Car Insurance Quotes for Ride Shares in Anchorage? (FAQ)
• Who Has Affordable Auto Insurance for Handicapped Drivers in Anchorage? (FAQ)
• How Much are Anchorage Car Insurance Quotes for a Honda Accord? (FAQ)
• Property Damage Coverage (Liberty Mutual)
• Auto Insurance Facts and Statistics (Insurance Information Institute)
• State Laws for Cellphones and Texting (iihs.org)
• Determining Your Vehicle’s Value and Repair Cost (Insurance Information Institute)