2010 Audi A8 Insurance Cost – 5 Tips to Save

Have you had enough of being strong-armed to buy car insurance? You are in the same boat as most other car owners. Many insurers compete for your insurance dollar, so it’s not easy to compare every provider to get the cheapest price

If you have a current insurance policy or need new coverage, you can use these techniques to find better prices and possibly find even better coverage. Buying car insurance is not that difficult. Vehicle owners only need to know the most effective way to get comparison rates on the web.

Insurance Coverage Prices

Getting a cheaper price on 2010 Audi A8 insurance can be relatively painless. You just have to take the time comparing rate quotes provided by online insurance companies. This is very easy and can be done using a couple different methods.

  • The best way consumers can analyze rates would be an industry-wide quote request form (click to open form in new window). This form saves time by eliminating separate forms for every insurance coverage company. One simple form gets rate comparisons direct from many companies.
  • Another way to get comparison quotes is going to the website of each company and fill out their own quote form. For example, let’s assume you want to compare rates from Nationwide, 21st Century and Farmers. To get rate quotes you would need to visit each site and enter your policy data, which is why the first method is quicker. To view a list of companies in your area, click here.
  • The hardest method of comparing rate quotes is to spend time driving to and from local insurance agencies. Buying insurance online makes this process obsolete unless you want the personal advice that only a license agent can provide. You can, however, price shop online and get advice from an agent in your area and we’ll talk about that later.

It’s up to you how you get prices quotes, just be sure to compare identical coverage limits and deductibles for every company. If the quotes have higher or lower deductibles you can’t possibly make a fair comparison for your Audi A8.

These five discounts can lower your rates

The cost of insuring your cars can be expensive, but companies offer discounts to cut the cost considerably. Some discounts apply automatically when you complete an application, but some must be specifically requested before being credited. If you aren’t receiving every discount possible, you are throwing money away.

  • New Vehicle Savings – Putting insurance coverage on a new car can cost up to 25% less because new vehicles have to meet stringent safety requirements.
  • Sign Early and Save – Select companies give a discount for signing up before your current policy expires. It can save you around 10%.
  • Distant Student – Kids in college who attend school more than 100 miles from home and don’t have a car may qualify for this discount.
  • Multiple Cars – Having all your vehicles on the same auto insurance policy could earn a price break for each car.
  • Theft Prevention System – Cars that have factory anti-theft systems can help prevent theft and earn discounts up to 10%.

Drivers should understand that most discount credits are not given to the overall cost of the policy. Most cut the price of certain insurance coverages like liability and collision coverage. So when it seems like you can get free auto insurance, you won’t be that lucky. But all discounts will help reduce the amount you have to pay.

Companies who might offer these benefits include:

Check with each company which discounts they offer. Savings might not be offered in every state.

Different people need different coverages

When it comes to buying adequate coverage, there is no “best” method to buy coverage. Every insured’s situation is different so your insurance should reflect that Here are some questions about coverages that can help discover if your insurance needs might need professional guidance.

  • How much liability do I need to cover my assets?
  • Is my babysitter covered when using my vehicle?
  • What is UM/UIM insurance?
  • I don’t drive much so do I pay less?
  • Is my dog or cat covered if injured in an accident?
  • Why am I required to buy high-risk coverage?
  • Does liability extend to a camper or trailer?
  • How many claims can I have before being cancelled?
  • Am I covered when driving a rental car?

If you don’t know the answers to these questions but a few of them apply, then you may want to think about talking to a licensed agent. To find lower rates from a local agent, complete this form or you can also visit this page to select a carrier It only takes a few minutes and can provide invaluable advice.

The auto insurance bait and switch

Consumers can’t ignore all the ads that promise big savings from companies such as Allstate, Geico and Progressive. All the ads make the same claim of big savings if you switch your policy.

But how can every company claim to save you money? It’s all in the numbers.

All the different companies have a certain “appetite” for the type of customer that earns them a profit. For example, a preferred risk might be between the ages of 30 and 50, has no prior claims, and has a short commute. A driver who meets those qualifications gets the lowest rates and as a result will probably pay quite a bit less when switching companies.

Drivers who are not a match for the requirements will be charged higher premiums and this can result in the driver buying from a lower-cost company. The ads state “drivers who switch” not “everyone that quotes” save that much money. That’s the way companies can truthfully make the claims of big savings.

That is why you absolutely need to get a wide range of price quotes. It’s just too difficult to predict which auto insurance company will provide you with the cheapest Audi A8 insurance rates.

Specifics of your car insurance policy

Learning about specific coverages of your policy aids in choosing the best coverages for your vehicles. The coverage terms in a policy can be difficult to understand and reading a policy is terribly boring. Listed below are the usual coverages found on the average car insurance policy.

Comprehensive insurance

Comprehensive insurance coverage will pay to fix damage that is not covered by collision coverage. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive insurance covers things such as damage from a tornado or hurricane, hitting a deer, hitting a bird and falling objects. The highest amount you’ll receive from a claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Coverage for collisions

This coverage pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for things like scraping a guard rail, colliding with another moving vehicle, damaging your car on a curb and sustaining damage from a pot hole. Collision is rather expensive coverage, so consider removing coverage from lower value vehicles. It’s also possible to raise the deductible to save money on collision insurance.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage provide coverage for immediate expenses for things like hospital visits, funeral costs and dental work. They are used in conjunction with a health insurance plan or if you are not covered by health insurance. Medical payments and PIP cover both the driver and occupants as well as if you are hit as a while walking down the street. PIP is not universally available but it provides additional coverages not offered by medical payments coverage

Uninsured/Underinsured Motorist (UM/UIM)

This protects you and your vehicle when other motorists either have no liability insurance or not enough. This coverage pays for medical payments for you and your occupants and also any damage incurred to your 2010 Audi A8.

Since many drivers have only the minimum liability required by law, their limits can quickly be used up. So UM/UIM coverage should not be overlooked. Frequently your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Liability car insurance

Liability insurance will cover damages or injuries you inflict on other people or property by causing an accident. Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show limits of 100/300/100 which stand for 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. Another option is one number which is a combined single limit which limits claims to one amount without having the split limit caps.

Liability coverage pays for things such as attorney fees, emergency aid and loss of income. How much coverage you buy is up to you, but you should buy higher limits if possible.

The bottom line

In this article, we presented some good ideas how to compare 2010 Audi A8 insurance prices online. It’s most important to understand that the more providers you compare, the better your chances of lowering your rates. You may even find the lowest rates come from a smaller regional carrier. These companies can often insure niche markets at a lower cost than their larger competitors like State Farm and Allstate.

Affordable insurance is attainable both online and also from your neighborhood agents, so you should compare both so you have a total pricing picture. Some companies may not provide the ability to get a quote online and most of the time these small, regional companies sell through independent agents.

When you buy insurance online, do not buy poor coverage just to save money. There have been many situations where an accident victim reduced collision coverage only to regret that the few dollars in savings costed them thousands. Your strategy should be to get the best coverage possible at the best price.

Additional insurance coverage information can be read at the links below