There are several important decisions to make once you start shopping for car insurance, after all, the amount of coverage and the insurer you choose can impact both your driving experience and your checkbook.
As you seek an insurance policy for your Audi TT, it’s important to look at coverage necessities as well as extras.
Your insurance costs are dependent on many variables, including your gender, age, where you live, where you park your car, and your driving history. Your marital status may also affect insurance rates.
In order to calculate the best insurance rates for your car, you first need to understand how insurance companies think about risk as it relates to the car you drive.
How Much Does It Cost to Insure an Audi TT?
According to Finder.com, the average cost to insure an Audi TT is around $128 per month.
Insurance for the Audi TT is rather reasonable compared to other sports models. Rates fluctuate due to driver- and vehicle-specific variables that influence the cost of coverage.
There are a number of elements that affect the overall price of an insurance policy. Below is a breakdown of these key factors as well as what you should keep in mind if you own an Audi TT Coupe or Roadster.
Audi TT Safety Rating & Damage Threshold
Established in 1970, the National Highway Traffic Safety Administration (NHTSA), studies nearly 6 million accidents yearly.
Insurance carriers depend on NHTSA reports and on standards prescribed by the Insurance Institute for Highway Safety (IIHS) when setting rate schedules for vehicle insurance.
While IIHS rates cars from “good” to “poor,” NHTSA uses a five-star rating system based on crashworthiness and rollover safety.
Unfortunately, the four 2020 Audi TT models have not been rated by NHTSA, and models as far back as 2011 show no record of results.
This lack of data may reflect negatively on your car insurance rates.
|Vehicle Name||Overall Rating||Frontal Crash Rating||Side Crash Rating||Rollover Rating|
|2020 Audi TT Roadster||Not Rated||Not Rated||Not Rated||Not Rated|
|2020 Audi TT Coupe||Not Rated||Not Rated||Not Rated||Not Rated|
|2020 Audi TTS Coupe||Not Rated||Not Rated||Not Rated||Not Rated|
|2020 Audi TT RS Coupe||Not Rated||Not Rated||Not Rated||Not Rated|
Audi TT Comprehensive & Collision Insurance
The overall cash value of your new car affects the price of vehicle insurance when it comes to comprehensive and collision coverage.
According to the Kelley Blue Book, the fair purchase price for the Audi TTS Coupe in Omaha, Nebraska is $49,886. Below are both the fair purchase price and the out-the-door target price for all four models of the Audi TT.
The out-the-door target price is often referred to as “TT & L,” or tax, title, and license, meaning state and local sales taxes are included, as well as Department of Motor Vehicles fees.
As you can see a new Audi TT is slightly higher priced than the average vehicle which may result in higher rates for comprehensive and collision insurance.
|Vehicle Name||Fair Purchase Price||Out-the-door Target Price|
|2018 TT Roadster||$44,899||$49,137|
|2018 TT Coupe||$41,483||$45,465|
|2018 TTS Coupe||$49,886||$54,498|
|2018 TT RS||$60,453||$65,858|
Audi TT Claims Frequency & Potential to Cause Damage
Claims frequency and damage potential affect car insurance pricing due to rising costs for insurers due to bodily injury, property damage, personal injury protection, and other factors.
The Audi TT 2dr 4WD and Audi TTS 2dr 4WD were tested by the Insurance Institute for Highway Safeway and both models received a slightly worse than average (100) rating of 114 and 124 respectively in collision losses.
However, in the small sports car class, they performed significantly better than the Porsche Boxster Convertible (144).
Audi TT Insurance Discounts
There are several ways to obtain discounts on automobile insurance, including bundling it with your homeowner’s or life insurance policies. Your Audi TT offers special safety equipment or features that may lower your costs as well.
All TT models are equipped with pre-tensioners (automatic tightening of seat belts, as needed), anti-lock brakes, stability control, front- and side-impact airbags, and knee airbags for occupants.
Safe drivers -those who’ve had few infractions or motor vehicle accidents – can often obtain car insurance at lower rates. Additionally, a wide variety of organizations provide members with discounts in car insurance so if you’re a member of a group that provides this benefit (for example, the U.S. military, unions, veterans, AARP, or other groups) you could decrease your expenses this way as well.
Finally, raising your deductible will lower insurance costs, however, you may end up paying more if you have an accident.
Audi TT Theft Rate
The National Insurance Crime Bureau (NICB) issues annual reports for car models with high theft rates. The latest report available is 2017, and the Audi TT is not among the 10 most frequently stolen vehicles which may help reduce rates.
In addition, insurance carriers sometimes offer discounts for cars with alarm systems and other anti-theft devices.
What are the Best Companies for Audi TT Insurance?
As with any other major purchase, it pays to shop around for automobile insurance.
You should get at least three different quotes and read user reviews. Some questions you may want to ask include:
- Do you offer any discounts, such as a good driver discount or a price break for those who don’t drive very far or very often?
- Do you have flexible payment options to fit individual needs?
- Is there a “pay-back” plan for a certain length of accident-free driving time?
What to Know About the Audi TT
The two-door Audi TT has been on the market since 1998. The Roadster and Coupe feature front-wheel drive or Quattro® all-wheel drive and independent front suspension.
First introduced as a concept car at the 1995 Frankfurt Motor Show, the TT is manufactured in Germany and Hungary. The TT gets its distinctive title from the British Isle of Man TT (Tourist Trophy).
With a bit of research and by asking the right questions, you should be able to get the right insurance package for your Audi TT and save a little money in the long run*While we make every effort to keep our site updated, please be aware that "timely" information on this page, such as quote estimates, or pertinent details about companies, may only be accurate as of its last edit day. Huntley Wealth & Insurance Services and its representatives do not give legal or tax advice. Please consult your own legal or tax adviser.