1994 Audi V8 Car Insurance Quotes – 5 Tricks for Cheapest Rates

Searching for better insurance coverage rates for your Audi V8? Having to pay for overpriced insurance coverage can dwindle your bank account and put the squeeze on your family’s finances. Doing a price comparison is free and is an excellent way to reduce premiums and put more money in your pocket. Because there are so many insurance companies to choose from, it’s nearly impossible to find the most affordable car insurance company.

Free Insurance Coverage Quotes

Comparing insurance coverage rates can take time and effort if you don’t understand the fastest way to get free quotes. You could spend your day driving to local insurance agents in your area, or you could save time and use the internet to get rate comparisons in just a few minutes.

Most of the larger companies enroll in a system where insurance shoppers only type in their quote data once, and every company then returns a price quote. This saves time by eliminating quote forms to each individual insurance coverage company. To compare pricing click here to start a free quote.

The one downside to pricing coverage this way is that consumers can’t choose the providers to get quotes from. So if you want to choose specific providers to request quotes from, we put together a list of low cost insurance coverage companies in your area. Click here to view list.

Which method you use is up to you, but make sure you use exactly the same deductibles and coverage limits for each comparison quote. If the quotes have higher or lower deductibles it will be next to impossible to find the best deal for your Audi V8.

Discounts are great for lower rates

Auto insurance companies do not list every discount in an easy-to-find place, so we researched both the well known and also the lesser-known ways to save on auto insurance. If they aren’t giving you every credit available, you are paying more than you should be.

  • Multi-car Discount – Insuring more than one vehicle with the same company could earn a price break for each car.
  • Discount for Life Insurance – Companies who offer life insurance give lower rates if you buy life insurance from them.
  • Air Bag Discount – Vehicles equipped with air bags can qualify for discounts of more than 20%.
  • College Student – Kids in college who are attending college without a vehicle on campus may be able to be covered for less.
  • Multiple Policy Discount – When you combine your home and auto insurance with the same insurance company you will save approximately 10% to 15%.

Consumers should know that some of the credits will not apply to the entire policy premium. Some only reduce the price of certain insurance coverages like physical damage coverage or medical payments. So even though they make it sound like all those discounts means the company will pay you, you’re out of luck.

Companies that possibly offer these benefits include:

Check with each insurance company what discounts are available to you. All car insurance discounts may not apply in every state.

You may need specialized coverage

When it comes to buying the right insurance coverage, there really is no one size fits all plan. Your needs are not the same as everyone else’s so your insurance should reflect that For instance, these questions might help in determining whether or not you may require specific advice.

  • Does my medical payments coverage pay my health insurance deductible?
  • When should I drop full coverage on my 1994 Audi V8?
  • Is pleasure use cheaper than using my 1994 Audi V8 to commute?
  • Should I buy only the required minimum liability coverage?
  • Are my friends covered when driving my car?
  • Am I better off with higher deductibles on my 1994 Audi V8?
  • Do I pay less for low miles?
  • Why am I be forced to buy a membership to get insurance from some companies?

If you can’t answer these questions then you might want to talk to an agent. To find lower rates from a local agent, simply complete this short form or click here for a list of insurance companies in your area. It only takes a few minutes and can provide invaluable advice.

Learn about car insurance coverages for an Audi V8

Having a good grasp of your policy can help you determine the best coverages and the correct deductibles and limits. Car insurance terms can be difficult to understand and nobody wants to actually read their policy. Listed below are typical coverage types found on most car insurance policies.

Liability coverage

Liability insurance will cover damages or injuries you inflict on a person or their property by causing an accident. Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You might see limits of 100/300/100 that translate to a $100,000 limit per person for injuries, a total of $300,000 of bodily injury coverage per accident, and property damage coverage for $100,000.

Liability insurance covers things such as pain and suffering, court costs, emergency aid and medical expenses. How much liability coverage do you need? That is a decision to put some thought into, but buy higher limits if possible.

UM/UIM (Uninsured/Underinsured Motorist) coverage

This gives you protection from other motorists when they are uninsured or don’t have enough coverage. This coverage pays for hospital bills for your injuries and damage to your 1994 Audi V8.

Since a lot of drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is a good idea.

Auto collision coverage

Collision coverage covers damage to your V8 resulting from a collision with an object or car. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers things such as sideswiping another vehicle, backing into a parked car, crashing into a building, crashing into a ditch and damaging your car on a curb. This coverage can be expensive, so analyze the benefit of dropping coverage from lower value vehicles. You can also bump up the deductible in order to get cheaper collision rates.

Comprehensive auto coverage

This pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers claims such as damage from a tornado or hurricane, vandalism, hitting a deer and a tree branch falling on your vehicle. The maximum payout you can receive from a comprehensive claim is the actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Medical payments and PIP coverage

Med pay and PIP coverage kick in for short-term medical expenses for things like hospital visits, X-ray expenses, surgery, EMT expenses and funeral costs. They are often utilized in addition to your health insurance policy or if you lack health insurance entirely. Medical payments and PIP cover not only the driver but also the vehicle occupants as well as if you are hit as a while walking down the street. PIP coverage is not available in all states and gives slightly broader coverage than med pay

Make a quick buck

When trying to cut insurance costs, you should never buy poor coverage just to save money. In many cases, someone sacrificed collision coverage and found out when filing a claim that the few dollars in savings costed them thousands. The aim is to buy a smart amount of coverage at an affordable rate, not the least amount of coverage.

We’ve covered quite a bit of information on how to get a better price on 1994 Audi V8 insurance. The key concept to understand is the more rate comparisons you have, the better your chances of lowering your rates. You may even find the lowest rates come from the least-expected company. They often have lower prices on specific markets than the large multi-state companies such as Allstate, Geico and Progressive.

The cheapest insurance can be purchased online and also from your neighborhood agents, so you should be comparing quotes from both to have the best chance of lowering rates. A few companies may not provide the ability to get a quote online and usually these small, regional companies provide coverage only through local independent agents.

More detailed insurance information is available in these articles: