Lower Your 2014 Audi A8 Car Insurance Rates

Trying to find the cheapest insurance coverage rates for your Audi A8? Searching for the cheapest insurance for an Audi A8 can normally be an all-consuming task, but you can learn our insurance coverage buying tips to make it easier. There are both good and bad ways to buy insurance coverage so we’re going to tell you the proper way to price shop coverage for your Audi and get the lowest price either online or from local insurance agents.

It’s a great practice to do rate comparisons yearly because prices fluctuate regularly. Despite the fact that you may have had the lowest price for A8 insurance last year you can probably find a lower rate today. There is a lot of bad advice regarding insurance coverage online but we’re going to give you the best ways to slash your insurance coverage rates.

Buying car insurance is not rocket science. If you are insured now or are just looking to switch companies, you can learn to get lower rates and still get good coverage. Consumers just need to understand how to compare company rates online.

Factors influencing Audi A8 insurance rates

Smart consumers have a good feel for the rating factors that come into play when calculating the rates you pay for car insurance. When you know what positively or negatively impacts premium levels allows you to make educated decisions that could result in big savings.

  • Never go without insurance – Allowing your car insurance policy to lapse will be a quick way to bump up your car insurance costs. And not only will your rates increase, failure to provide proof of insurance will get you a hefty fine and possibly a revoked license.You may need to submit proof of financial responsibility or a SR-22 with your state motor vehicle department to get your license reinstated.
  • Rates may be higher depending on your occupation – Did you know that where you work can have an impact on rates? Careers like judges, business owners and accountants have higher rates than average due to stressful work requirements and lots of time spent at work. On the flip side, professions such as farmers, athletes and performers get better rates for A8 insurance.
  • Sex matters – Statistics demonstrate that women are safer drivers than men. That doesn’t necessarily mean that men are WORSE drivers than women. They both have accidents in similar numbers, but the male of the species cause more damage. Men also tend to get more serious tickets like reckless driving and DUI. Male drivers age 16 to 19 are several times more likely to be in an accident and therefore have the most expensive car insurance rates.
  • Better crash test results mean better rates – Vehicles with good safety scores can get you lower premiums. The safest vehicles protect occupants better and any reduction in injury severity means less money paid by your insurance company and lower rates for you. If your Audi A8 is rated at least four stars on Safercar.gov it is probably cheaper to insure.
  • Keep rates low by being claim-free – If you tend to file frequent claims, you can expect higher rates. Auto insurance companies give discounts to people who do not rely on their insurance for small claims. Insurance coverage is meant to be used in the event of the bigger claims that can’t be paid out-of-pocket.
  • Liability insurance protects assets – Your policy’s liability coverage will protect you if ever a jury decides you are liable for damages from an accident. Liability insurance provides you with a defense in court which can be incredibly expensive. This coverage is very inexpensive as compared to coverage for physical damage, so do not cut corners here.
  • How your age affects price – More mature drivers are more cautious drivers, file fewer claims and receive fewer citations. Youthful drivers have a tendency to be less responsible when driving and because of this, their car insurance rates are much higher.
  • Adjust deductibles and save – The deductibles represent how much money you are willing to pay before a claim is paid by your company. Physical damage coverage, termed comprehensive and collision coverage on your policy, protects your car from damage. Examples of covered claims are colliding with a building, collision with an animal, and rolling your vehicle. The more money you’re willing to pay, the less your company will charge you for insurance for A8 insurance.

How to Compare Auto Insurance Costs

Getting a lower price on 2014 Audi A8 insurance is not rocket science. All you need to do is spend a little time to get quotes online with multiple companies. It is quite easy and can be accomplished using a couple different methods.

  1. One of the simplest ways to find the lowest comparison rates would be an industry-wide quote request form like this one (opens in new window). This method saves time by eliminating a different quote to each individual auto insurance company. One form will get you price quotes from many national carriers.It’s the quickest way to get rates.
  2. A harder way to obtain and compare quotes online requires a visit to the website of each company and request a quote. For examples sake, we’ll assume you want to compare rates from State Farm, Geico and Travelers. To find out each rate you need to spend time on each company’s site and enter your information, which is why most consumers use the first method.

    For a handy list of car insurance company links in your area, click here.

  3. The most time-consuming method of getting rate comparisons is to waste gas driving to insurance agents’ offices. Buying insurance online eliminates the need for an insurance agent unless you require the personal advice only provided by licensed agents. You can, however, comparison shop online and still use a local agent and you’ll learn how to do that later.

It’s your choice how you get your quotes, but be sure to compare the exact same information on every quote you get. If you have mixed coverages it will be very difficult to make a fair comparison for your Audi A8.

Save $486 a year. For real?

Consumers get pounded daily by advertisements that promise big savings by companies like State Farm and Allstate. They all seem to have a common claim of big savings after switching to them.

How can each company make the same claim?

All companies can use profiling for the type of customer that makes them money. An example of a driver they prefer could possibly be over the age of 50, a clean driving record, and chooses high deductibles. A driver who meets those qualifications will get very good rates and is almost guaranteed to pay quite a bit less when switching companies.

Drivers who are not a match for this ideal profile must pay a more expensive rate which leads to the customer not buying. The ad wording is “customers who switch” not “everybody who quotes” save money. That’s the way companies can truthfully make the claims of big savings. This illustrates why it’s extremely important to quote coverage with many companies. Because you never know which company will have the lowest Audi A8 insurance rates.

Do you qualify for discounts?

Companies do not advertise every discount in a way that’s easy to find, so we researched both well-publicized as well as the least known ways to save on insurance coverage. If you aren’t receiving every discount possible, you are throwing money away.

  • Organization Discounts – Participating in certain professional organizations could trigger savings on insurance coverage for A8 insurance.
  • Passive Restraint Discount – Cars that have air bags and/or automatic seat belt systems can receive discounts up to 30%.
  • Safe Driver Discount – Drivers who avoid accidents may save up to 50% more for A8 insurance than drivers with accident claims.
  • Anti-lock Brake Discount – Anti-lock brake equipped vehicles prevent accidents and will save you 10% or more.
  • Seat Belt Usage – Buckling up and requiring all passengers to use their safety belts can save up to 15% off your PIP or medical payments premium.
  • Bundle and Save – If you insure your home and vehicles with one company you could get a discount of at least 10% off all policies.
  • Discount for New Cars – Putting insurance coverage on a new car can save up to 30% compared to insuring an older model.
  • Early Signing – A few companies offer discounts for signing up prior to your current policy expiration. This can save 10% or more.
  • No Claims – Drivers who don’t have accidents pay less when compared with bad drivers.
  • Senior Discount – Older drivers can possibly qualify for better insurance coverage rates for A8 insurance.

Keep in mind that some credits don’t apply the the whole policy. Some only reduce individual premiums such as medical payments or collision. So even though it sounds like adding up those discounts means a free policy, companies don’t profit that way.

For a list of companies who offer insurance coverage discounts, click here.

Don’t assume everyone needs the same coverage

When buying coverage for your personal vehicles, there really is no “best” method to buy coverage. Each situation is unique.

For example, these questions may help you determine whether you may require specific advice.

  • Is rental equipment covered for theft or damage?
  • Am I covered if I hit my neighbor’s mailbox?
  • How high should deductibles be on a 2014 Audi A8?
  • How much underlying liability do I need for an umbrella policy?
  • At what point should I drop full coverage?
  • What companies insure drivers after a DUI or DWI?
  • Which is better, split liability limits or combined limits?

If you’re not sure about those questions but you think they might apply to your situation, you might consider talking to a licensed insurance agent. To find lower rates from a local agent, simply complete this short form. It is quick, free and may give you better protection.

Auto insurance coverage information

Learning about specific coverages of a insurance policy can help you determine which coverages you need and the correct deductibles and limits. The terms used in a policy can be confusing and reading a policy is terribly boring.

UM/UIM Coverage

Uninsured or Underinsured Motorist coverage provides protection from other motorists when they either have no liability insurance or not enough. Covered claims include medical payments for you and your occupants and also any damage incurred to your 2014 Audi A8.

Since a lot of drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is important protection for you and your family.

Coverage for collisions

This will pay to fix damage to your A8 caused by collision with another vehicle or an object, but not an animal. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims like hitting a parking meter, colliding with another moving vehicle, sideswiping another vehicle, backing into a parked car and crashing into a building. 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 increase the deductible in order to get cheaper collision rates.

Medical costs insurance

Med pay and PIP coverage kick in for bills for things like chiropractic care, dental work, prosthetic devices, EMT expenses and doctor visits. They are 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 and also covers if you are hit as a while walking down the street. PIP coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Comprehensive or Other Than Collision

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

Comprehensive coverage protects against things such as theft, hitting a bird, a broken windshield and damage from a tornado or hurricane. The most you can receive from a comprehensive claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Liability

Liability coverage provides protection from injuries or damage you cause to other’s property or people. This coverage protects you against claims from other people, and doesn’t cover damage to your own property or vehicle.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You might see policy limits of 50/100/50 which means $50,000 in coverage for each person’s injuries, a limit of $100,000 in injury protection per accident, and a limit of $50,000 paid for damaged property.

Liability insurance covers claims such as funeral expenses, court costs, legal defense fees and bail bonds. How much liability should you purchase? That is a decision to put some thought into, but buy as high a limit as you can afford.

The bottom line

Throughout this article, we presented many ways to shop for 2014 Audi A8 insurance online. It’s most important to understand that the more times you quote, the higher your chance of finding lower rates. You may be surprised to find that the biggest savings come from some of the lesser-known companies.

As you shop your coverage around, it’s not a good idea to buy less coverage just to save a little money. There are a lot of situations where an accident victim reduced liability limits or collision coverage only to discover later that the savings was not a smart move. The ultimate goal is to buy the best coverage you can find at an affordable rate while not skimping on critical coverages.

People leave their current company for many reasons like poor customer service, denial of a claim, questionable increases in premium or even extreme rates for teen drivers. No matter why you want to switch, finding the right insurance provider is not as hard as you think.

Additional information can be read at these links: