Cheaper 2014 Audi A8 Car Insurance Quotes

Are you a victim of an overpriced car insurance policy? Believe me when I say many consumers are feeling buyer’s remorse and feel like there’s no way out.

Lots of insurance companies contend for your hard-earned dollar, so it can be very hard to choose a company to find the absolute cheapest price

You should make it a habit to take a look at other company’s rates once or twice a year since insurance rates are constantly changing. Even if you think you had the lowest price on A8 coverage a couple years back you can probably find a better price now. Forget anything you know (or think you know) about car insurance because we’re going to demonstrate one of the quickest ways to reduce your cost while improving coverage.

How to save on Audi A8 insurance

Insuring your vehicles can cost a lot, but there could be available discounts that can drop the cost substantially. Some trigger automatically when you quote, but some may not be applied and must be inquired about before they will apply.

  • Life Insurance Discount – Select insurance companies reward you with a discount if you purchase auto and life insurance together.
  • Military Rewards – Being on active duty in the military may qualify for rate reductions.
  • Accident Forgiveness – A handful of insurance companies allow you one accident before hitting you with a surcharge if your claims history is clear for a certain period of time.
  • Drivers Ed for Students – Require your teen driver to take driver’s ed class in school.
  • Discount for Swiching Early – A few companies offer discounts for switching to them before your current policy expires. The savings is around 10%.
  • Anti-lock Brake Discount – Vehicles with anti-lock braking systems are safer to drive and qualify for as much as a 10% discount.
  • Safe Drivers – Drivers who avoid accidents can pay as much as 50% less on A8 coverage than drivers with accident claims.
  • Government Employees – Active or retired federal employment could cut as much as 10% off on A8 coverage with a few insurance companies.
  • Resident Student – Youth drivers who are attending college and do not have access to a covered vehicle may qualify for this discount.
  • Bundle and Save – When you have multiple policies with one insurance company you may earn at least 10% off all policies.

It’s important to note that most of the big mark downs will not be given the the whole policy. Most only reduce the cost of specific coverages such as comp or med pay. Just because you may think you can get free auto insurance, you won’t be that lucky. But all discounts will reduce your overall premium however.

For a list of insurance companies offering insurance discounts, click here.

How to Compare Auto Insurance Rates

All the larger auto insurance companies quote coverage price quotes directly from their websites. Getting quotes is fairly simple as you just enter your coverage information into a form. When the form is submitted, their system will obtain your driving record and credit report and quotes a price. This makes comparing rates easy, but the time it takes to visit a lot of sites and complete many quote forms can be a bit repetitive. But it is imperative to have as many quotes as possible if you are searching for better prices.

The easiest way to compare rates uses one form that analyzes rates from a bunch of companies at once. The form is fast, eliminates form submissions, and makes online price comparison much more enjoyable. After sending your information, it is quoted with multiple companies and you can pick any one of the quotes that you receive.

If the quotes result in lower rates, you can simply submit the application and purchase coverage. The whole process just takes a couple of minutes and you’ll know if lower rates are available.

To save time and find out if lower rates are available, simply click here to open in new window and enter your information. If you have a policy now, it’s recommended you copy the limits and deductibles just like they are on your policy. This way, you will be getting rate comparison quotes based on similar coverages.

What determines your Audi A8 insurance premium

It’s important that you understand the different types of things that go into determining your auto insurance rates. Knowing what determines base rates enables informed choices that could result in better auto insurance rates.

Listed below are some of the factors auto insurance companies consider when setting premiums.

  • Liability coverage is peace of mind – The liability section of your policy is the coverage that protects you if you are found to be at fault for damages from an accident. Liability provides for a legal defense which can be incredibly expensive. Carrying liability coverage is mandatory and cheap compared to insuring for physical damage coverage, so do not cut corners here.
  • Your location is important – Choosing to live in small towns and rural areas can be a good thing when talking about auto insurance. Less people living in that area means a lower chance of having an accident. Drivers in populated areas have much more traffic to deal with and longer commutes to work. More time commuting translates into higher accident risk.
  • Keep rates low by being claim-free – Companies award lower rates to people who do not rely on their insurance for small claims. If you frequently file small claims, you can expect either policy cancellation or increased premiums. Your insurance policy is designed for the bigger claims that can’t be paid out-of-pocket.
  • Do you know your deductibles? – Your deductibles represent how much money you are willing to pay out-of-pocket in the event of a claim. Coverage for physical damage, otherwise known as comp (or other than collision) and collision, is used to repair damage to your car. Some instances where coverage would apply are colliding with a building, damage from fire, and rolling your vehicle. The higher the amount you are required to pay out-of-pocket, the less your auto insurance will be on A8 coverage.
  • Discounts for multiple policies – The majority of companies give discounts to customers who have multiple policies with them such as combining an auto and homeowners policy. Discounts can be anywhere from five to ten percent in most cases. Even if you’re getting this discount it’s in your best interest to compare other company rates to make sure you are getting the best deal.

Tailor your coverage to you

When it comes to choosing proper insurance coverage, there really is no “best” method to buy coverage. Everyone’s situation is unique so your insurance should reflect that Here are some questions about coverages that might point out if your insurance needs may require specific advice.

  • What discounts do I qualify for?
  • Are rock chip repairs covered?
  • Can I pay claims out-of-pocket if I buy high deductibles?
  • Is rental equipment covered for theft or damage?
  • When should I not file a claim?
  • Does car insurance cover theft of personal property?
  • Is my business laptop covered if it gets stolen from my vehicle?
  • Am I covered when pulling a rental trailer?
  • Should I buy additional glass protection?
  • When should my teen driver be added to my policy?

If you’re not sure about those questions then you might want to talk to an agent. To find lower rates from a local agent, fill out this quick form or click here for a list of car insurance companies in your area.

Auto insurance myths debunked

Companies like Progressive, GEICO, Allstate and State Farm regularly use ads in print and on television. All the ads have a common claim that you can save if you move to their company. How do they all make the same claim?

All companies are able to cherry pick for the type of customer that is profitable for them. For instance, a profitable customer might be over the age of 40, has no driving citations, and drives less than 10,000 miles a year. A customer getting a price quote who matches those parameters gets the lowest rates and is almost guaranteed to save a lot of money.

Potential insureds who fall outside these standards must pay more money and ends up with business going elsewhere. The ads say “customers who switch” not “everybody who quotes” save that much. That’s why insurance companies can confidently advertise the savings.

This illustrates why you absolutely need to get a wide range of price quotes. It is impossible to predict which insurance companies will have the lowest Audi A8 insurance rates.

What car insurance coverages do you need?

Having a good grasp of a car insurance policy can be of help when determining the right coverages and proper limits and deductibles. The coverage terms in a policy can be impossible to understand and even agents have difficulty translating policy wording. Shown next are typical coverage types found on the average car insurance policy.

Collision insurance

Collision coverage pays for damage to your A8 caused by collision with another car or object. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage pays for things such as hitting a parking meter, sustaining damage from a pot hole, damaging your car on a curb and hitting a mailbox. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Another option is to choose a higher deductible in order to get cheaper collision rates.

Comprehensive coverage (or Other than Collision)

Comprehensive insurance coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. A deductible will apply then your comprehensive coverage will pay.

Comprehensive can pay for things like fire damage, hail damage and a tree branch falling on your vehicle. The maximum payout you can receive from a comprehensive claim is the cash value of the vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Insurance for medical payments

Medical payments and Personal Injury Protection insurance pay for short-term medical expenses like surgery, nursing services, chiropractic care and pain medications. They can be used to fill the gap from your health insurance policy or if you do not have health coverage. They cover you and your occupants and will also cover any family member struck as a pedestrian. Personal Injury Protection is not available in all states and may carry a deductible

Liability coverage

Liability insurance provides protection from damages or injuries you inflict on other’s property or people by causing an accident. It protects YOU against other people’s claims, and does not provide coverage for damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You might see limits of 50/100/50 which stand for a $50,000 limit per person for injuries, a limit of $100,000 in injury protection per accident, and property damage coverage for $50,000. Some companies may use a combined single limit or CSL which limits claims to one amount and claims can be made without the split limit restrictions.

Liability insurance covers things such as attorney fees, medical services, repair bills for other people’s vehicles and legal defense fees. How much liability coverage do you need? That is a decision to put some thought into, but buy higher limits if possible.

Uninsured Motorist or Underinsured Motorist insurance

Uninsured or Underinsured Motorist coverage protects you and your vehicle when the “other guys” either are underinsured or have no liability coverage at all. Covered losses include injuries to you and your family as well as your vehicle’s damage.

Because many people have only the minimum liability required by law, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Usually your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.

More choices the merrier

We just covered many ideas to save on 2014 Audi A8 insurance. The key thing to remember is the more companies you get rates for, the better your comparison will be. You may be surprised to find that the lowest priced insurance comes from the smaller companies. These smaller insurers may often insure only within specific states and give getter rates as compared to the big name companies such as Allstate, GEICO and Progressive.

When you buy insurance online, never sacrifice coverage to reduce premiums. There are many occasions where drivers have reduced liability limits or collision coverage only to find out that it was a big mistake. The aim is to purchase a proper amount of coverage at the best price while still protecting your assets.

For more information, take a look at the resources below: