2014 Audi S8 Car Insurance Rates – 6 Tips for Cheaper Quotes

Looking for lower car insurance rates for your Audi S8? Finding low-cost insurance for an Audi S8 can be a painful process, but you can learn a few tricks to make it easier.

There are more efficient ways to find car insurance online and we’ll show you the best way to compare rates for a new or used Audi and obtain the cheapest rates from both online companies and local agents.

Smart consumers take time to take a look at other company’s rates occasionally due to the fact that insurance rates go up and down regularly. Despite the fact that you may have had the lowest rates on S8 insurance a couple years back you will most likely find a better rate today. So block out anything you think you know about car insurance because it’s time to teach you the quickest way to find lower rates on car insurance.

If you have a policy now or need new coverage, you can use these tips to cut your premiums and possibly find even better coverage. Pricing affordable protection is simple if you know the tricks. Vehicle owners only need to know the tricks to compare rates online.

Comparison of Insurance Coverage

Most major insurance companies like State Farm, GEICO and Progressive provide coverage prices on their websites. Obtaining pricing is fairly straightforward as you just enter your required coverages as detailed in the form. Once you submit the form, their rating system will obtain your credit score and driving record and returns a price quote based on these and other factors.

This helps simplify price comparisons, but the time it takes to visit different websites and fill out multiple forms is monotonous and tiresome. Unfortunately, it is important to compare as many rates as possible in order to get better prices.

There is an easier way!

The smarter way to compare rates is to use a quote form to return rates from many companies. It saves time, eliminates repetitive work, and makes online shopping much easier. As soon as the form is sent, it gets priced with multiple companies and you can pick any one of the returned quotes.

If one or more price quotes are lower than your current rates, you simply finish the application and purchase the new policy. The whole process takes just a few minutes to complete and you will know how your current rates stack up.

In order to find out how much you’re overpaying now, click here and fill out the form. To compare your current rates, we recommend you input coverages and limits as close as possible to your current policy. Doing this assures you will get an apples-to-apples comparison for similar insurance coverage.

Take these six discounts and save

Insurance can be prohibitively expensive, but there are discounts available to reduce the price significantly. Certain discounts will be applied at the time of purchase, but lesser-known reductions have to be asked for in order for you to get them. If you aren’t receiving every discount you deserve, you’re just leaving money on the table.

  • Multiple Vehicles – Having multiple vehicles with the same company may reduce the rate for each vehicle.
  • Military Rewards – Being on active duty in the military may qualify for rate reductions.
  • Homeowners Discount – Simply owning a home may earn you a small savings because owning a home is proof that your finances are in order.
  • Federal Employees – Active or retired federal employment may qualify you for a discount on S8 insurance with a few auto insurance companies.
  • Multi-policy Discount – When you have multiple policies with the same company you may earn 10% to 20% off each policy.
  • No Claims – Drivers who don’t have accidents can save substantially as compared to accident-prone drivers.

It’s important to understand that most discounts do not apply to the overall cost of the policy. Most only apply to the price of certain insurance coverages like liability and collision coverage. So when it seems like you could get a free auto insurance policy, companies wouldn’t make money that way. But all discounts will bring down the amount you have to pay.

A partial list of companies who might offer these benefits include:

Before buying, ask each company what discounts are available to you. Discounts might not apply everywhere.

Which policy gives me the best coverage?

When it comes to choosing coverage for your personal vehicles, there really is not a one size fits all plan. Every situation is different.

For example, these questions can aid in determining whether your personal situation will benefit from professional help.

  • What is covered by UM/UIM coverage?
  • Does insurance cover tools stolen from my truck?
  • Am I covered when pulling a rental trailer?
  • Why am I be forced to buy a membership to get insurance from some companies?
  • Am I covered if I wreck a rental car?
  • How high should my uninsured/underinsured coverage be in my state?
  • Do I need PIP (personal injury protection) coverage in my state?
  • At what point should I drop full coverage?
  • How high should deductibles be on a 2014 Audi S8?

If you don’t know the answers to these questions but you know they apply to you, then you may want to think about talking to an insurance agent. To find lower rates from a local agent, complete this form. It only takes a few minutes and can provide invaluable advice.

Do drivers who switch really save?

Drivers can’t get away from ads that promise big savings from companies such as State Farm, GEICO and Progressive. All the companies make an identical promise about savings if you switch your policy.

But how can every company say the same thing?

Different companies have a preferred profile for the driver that earns them a profit. For instance, a desirable insured could be over the age of 40, is a homeowner, and drives less than 10,000 miles a year. Any driver who fits that profile will get very good rates and therefore will cut their rates substantially.

Potential insureds who don’t measure up to these standards will have to pay a more expensive rate which usually ends up with the driver buying from a lower-cost company. The ads state “customers who switch” not “everyone that quotes” save money. That’s why companies can truthfully state the savings.

Because of the profiling, it is so important to compare many company’s rates. You cannot predict which company will have the lowest Audi S8 insurance rates.

Coverages available on your policy

Knowing the specifics of insurance can be of help when determining the best coverages and the correct deductibles and limits. The terms used in a policy can be difficult to understand and even agents have difficulty translating policy wording.

Coverage for medical payments

Personal Injury Protection (PIP) and medical payments coverage provide coverage for immediate expenses for things like surgery, nursing services and X-ray expenses. They can be used to cover expenses not covered by your health insurance plan or if you lack health insurance entirely. Medical payments and PIP cover not only the driver but also the vehicle occupants as well as being hit by a car walking across the street. PIP is not universally available and may carry a deductible

Uninsured and underinsured coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle when the “other guys” either have no liability insurance or not enough. Covered claims include hospital bills for your injuries and also any damage incurred to your Audi S8.

Since a lot of drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is important protection for you and your family. Usually your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Liability

Liability insurance can cover damages or injuries you inflict on other’s property or people by causing an accident. Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. Your policy might show limits of 50/100/50 which stand for a limit of $50,000 per injured person, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000. Occasionally you may see a combined limit which limits claims to one amount rather than limiting it on a per person basis.

Liability insurance covers things such as attorney fees, funeral expenses, repair costs for stationary objects, medical expenses and pain and suffering. How much liability should you purchase? That is a decision to put some thought into, but you should buy as large an amount as possible.

Comprehensive coverages

This pays for damage caused by mother nature, theft, vandalism and other events. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for claims such as fire damage, damage from flooding, hail damage and a tree branch falling on your vehicle. The highest amount you’ll receive from a claim is the cash value of the vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Collision coverage protection

Collision coverage pays for damage to your S8 resulting from a collision with another car or object. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims like sustaining damage from a pot hole, hitting a mailbox, crashing into a ditch, crashing into a building and rolling your car. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Another option is to bump up the deductible in order to get cheaper collision rates.

And the best car insurance company is…

Consumers change insurance companies for any number of reasons including policy non-renewal, not issuing a premium refund, questionable increases in premium and unfair underwriting practices. Whatever your reason, finding a new company can be easier than you think.

As you go through the steps to switch your coverage, make sure you don’t sacrifice coverage to reduce premiums. Too many times, an insured cut full coverage only to regret that it was a big mistake. The ultimate goal is to purchase plenty of coverage for the lowest price while still protecting your assets.

You just learned a lot of techniques to lower your 2014 Audi S8 insurance rates. The key concept to understand is the more rate quotes you have, the better your comparison will be. You may even discover the best prices are with a smaller regional carrier.

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