Are Audi’s Expensive to Insure?

Insurance is a major cost for motorists to cover each month. Interestingly, insurance prices fell during the pandemic due to a lot less traffic (and accidents) on the road, but this is all changing now as life starts to return to normal. Experts have stated that insurance costs could rise to pre-pandemic levels before the end of the year with the number of claims steadily rising. Audi is one of the most popular and desirable brands in the UK and anyone that buys an Audi needs to think about the best level of cover for their car.

Why Audi is So Popular
Audi has a long history of making some of the UK’s favourite cars. The German brand is known for its sleek style, luxury interiors and pioneering tech, plus they also have vehicles in every category so they appeal to all types of motorists. The popularity shows no sign of slowing anytime soon, especially as they are ahead of the curve when it comes to electric and hybrid models. Audi is also a premium brand, which means that they can be expensive to insure and more so than many other brands.

The Direction of the Insurance Market
Car insurance prices are rising quickly, which is a cause for concern, but you must also remember that prices fell to very low prices during the pandemic when there were far fewer claims being made as a result of lockdowns and people working remotely. Now life is starting to return to normal, there are more claims being made and this is pushing up prices.

The good news is that there are always ways to make savings on your car insurance. You should always shop around to find the best deal on the level of cover that you need and set a higher excess (just make sure that you can afford it).

Why Audi Gap Insurance is Smart
For those that decide to buy an Audi, you should consider Audi gap insurance as well, particularly if you decide to buy new. Without gap insurance, you could find yourself short of thousands of pounds in the event of a write off as your insurer will only pay the current market value. Due to depreciation, this could be a massive amount, especially with a high-value car such as an Audi.

Car insurance prices are on the rise and could reach pre-pandemic levels before the end of the year. If you decide to buy a premium brand like Audi, you need to make sure that you have the right protection in place and this should include gap insurance for your car.

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