View 2014 Audi R8 Insurance Quotes

Tired of robbing Peter to pay Paul each month for car insurance? You are no different than millions of other consumers. Many car insurance companies compete to insure your vehicles, so it’s not easy to compare every insurer and get the best coverage at the lowest rate

If you have insurance now or are just looking to switch companies, you can learn to get lower rates and still get good coverage. Finding the best rates is not rocket science. Drivers just need to learn the proper methods to shop on the web.

Where Can I Get Cheap Insurance Coverage?

Finding lower insurance coverage rates can be quick and easy. You just have to take a few minutes comparing price quotes online from several insurance companies. This can be accomplished in just a few minutes using one of these methods.

  1. The first (and easiest) way to get the best comparison quotes is an all-inclusive rate comparison click to view form in new window. This form prevents you from having to do separate quotes for each company. In just a few minutes this one form gets you price quotes instantly.
  2. A harder way to shop for insurance coverage online requires a visit to the website of each company to complete their respective quote request forms. For examples sake, we’ll pretend you want rates from Farmers, 21st Century and Allstate. To get each rate you have to spend time on each company’s site to enter your coverage information, which is why most consumers use the first method. For a list of links to insurance companies in your area, click here.

It’s up to you how you get prices quotes, just ensure you’re using the exact same information for each price quote. If you enter different limits and deductibles on each one it will be very difficult to decipher which rate is best.

Do you qualify for a discount?

The price of auto insurance can be rather high, but discounts can save money and there are some available to help offset the cost. A few discounts will automatically apply when you quote, but less common discounts must be specifically requested prior to receiving the credit. If you don’t get every credit you deserve, you are throwing money away.

  • Lower Rates for Military – Having a family member in the military may qualify for rate reductions.
  • Drive Less and Save – Driving fewer miles can qualify you for lower rates on the low mileage vehicles.
  • Save over 55 – If you’re over the age of 55, you can possibly qualify for reduced rates for R8 coverage.
  • College Student – Kids in college who attend school more than 100 miles from home without a vehicle on campus can receive lower rates.
  • Safety Course Discount – Taking a course teaching defensive driving skills could save 5% or more if you qualify.
  • New Car Discount – Buying coverage on a new vehicle can be considerably cheaper compared to insuring an older model.
  • Good Student Discount – Getting good grades can save 20 to 25%. The good student discount can last up until you turn 25.

A little note about advertised discounts, some of the credits will not apply to the overall cost of the policy. Most only apply to specific coverage prices like comp or med pay. Just because it seems like all the discounts add up to a free policy, it just doesn’t work that way. Any qualifying discounts will cut your premiums.

Insurance companies that may offer these discounts include:

Before buying, ask each insurance company which discounts they offer. Discounts might not be offered in every state.

What coverages do I need?

When it comes to choosing coverage for your personal vehicles, there really is no single plan that fits everyone. Every insured’s situation is different so your insurance needs to address that. For example, these questions could help you determine if your situation could use an agent’s help.

  • Do I need PIP (personal injury protection) coverage in my state?
  • Is motorclub coverage worth it?
  • How can I get my company to pay me more for my totalled car?
  • Do I pay less if my vehicle is kept in my garage?
  • If I drive on a suspended license am I covered?
  • Why is insurance for a teen driver so high?

If you’re not sure about those questions, then you may want to think about talking to an insurance agent. To find lower rates from a local agent, take a second and complete this form or go to this page to view a list of companies. It’s fast, free and can help protect your family.

Factors influencing Audi R8 insurance rates

It’s important that you understand the rating factors that come into play when calculating your insurance coverage rates. Understanding what influences your rates helps enable you to make changes that can help you get big savings.

  • Never allow your policy to lapse – Letting your insurance expire will be a quick way to bump up your insurance coverage costs. Not only will rates go up, but being ticketed for driving with no insurance can result in a license revocation or jail time.
  • Better credit means lower rates – Your credit score is a large factor in determining what you pay for insurance coverage. If your credit score is lower than you’d like, you could save money insuring your 2014 Audi R8 by improving your credit score. Consumers who have excellent credit tend to be less risk to insure than drivers with poor credit.
  • Cautious drivers pay less – Your driving record impacts your car insurance rates tremendously. Even a single citation may increase your cost forty percent or more. Drivers with clean records receive lower rates than their less careful counterparts. Drivers who get dangerous violations like hit and run, DWI or reckless driving convictions may be required to file a SR-22 with their state DMV in order to prevent a license revocation.
  • Equipment add-ons that lower insurance coverage rates – Driving a car with a theft deterrent system can help lower your rates. Theft prevention features such as GM’s OnStar, tamper alarm systems and vehicle immobilizers all hinder your vehicle from being stolen.
  • Males pay more for insurance – Statistics show that men are more aggressive behind the wheel. However, don’t assume that women are better drivers. Men and women tend to get into accidents in similar numbers, but men cause more damage and cost insurance companies more money. Men also receive more costly citations such as reckless driving.
  • Bundling policies can get discounts – Most insurance coverage companies will give a discount to people who carry more than one policy such as combining an auto and homeowners policy. Discounts can add up to ten or even up to twenty percent in some cases. Even though this discount sounds good, it’s in your best interest to compare other company rates to make sure you are getting the best deal. You may still be able to find better rates by buying insurance from more than one company.
  • Increase deductibles and save – Deductibles for physical damage represent how much money you are willing to pay if you file a covered claim. Physical damage coverage, commonly called comprehensive (or other-than-collision) and collision coverage, protects your car from damage. Some examples of claims that would be covered would be colliding with a building, collision with an animal, or theft. The more money the insured has to pay upfront, the bigger discount you will receive for R8 coverage.
  • Frequent insurance coverage claims increase rates – Auto insurance companies generally give lower rates to policyholders who do not rely on their insurance for small claims. If you are a frequent claim filer, you can definitely plan on either higher rates or even cancellation. Car insurance is designed for major claims that would cause financial hardship.

Auto insurance coverages

Understanding the coverages of a auto insurance policy aids in choosing which coverages you need for your vehicles. Auto insurance terms can be confusing and reading a policy is terribly boring. These are the normal coverages found on most auto insurance policies.

Comprehensive coverage (or Other than Collision)

This coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive can pay for things such as falling objects, fire damage and a broken windshield. The maximum payout your auto insurance company will pay is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Auto collision coverage

Collision insurance pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage pays for claims like sustaining damage from a pot hole, colliding with a tree and hitting a parking meter. 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 choose a higher deductible in order to get cheaper collision rates.

Liability car insurance

This protects you from injuries or damage you cause to other’s property or people that is your fault. This coverage protects you from legal claims by others. It does not cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see liability limits of 100/300/100 that means you have $100,000 bodily injury coverage, $300,000 for the entire accident, and a total limit of $100,000 for damage to vehicles and property. Occasionally you may see one limit called combined single limit (CSL) which combines the three limits into one amount without having the split limit caps.

Liability coverage pays for claims such as loss of income, court costs, medical services, repair costs for stationary objects and pain and suffering. How much liability should you purchase? That is your choice, but buy as much as you can afford.

Insurance for medical payments

Medical payments and Personal Injury Protection insurance pay for expenses for rehabilitation expenses, hospital visits and chiropractic care. They are often used to cover expenses not covered by your health insurance plan or if you lack health insurance entirely. Coverage applies to both the driver and occupants in addition to any family member struck as a pedestrian. Personal Injury Protection is not an option in every state and gives slightly broader coverage than med pay

Uninsured Motorist or Underinsured Motorist insurance

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other motorists when they either are underinsured or have no liability coverage at all. Covered losses include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Since a lot of drivers only carry the minimum required liability limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages is important protection for you and your family. Usually the UM/UIM limits are identical to your policy’s liability coverage.

Make a quick buck

The cheapest 2014 Audi R8 insurance can be sourced online as well as from independent agents, and you should compare price quotes from both so you have a total pricing picture. Some companies don’t offer online quoting and these regional insurance providers work with independent agents.

Throughout this article, we presented many ideas to get a better price on insurance. The most important thing to understand is the more price quotes you have, the higher your chance of finding lower rates. You may even find the most savings is with a small local company. They often have lower prices on specific markets than the large multi-state companies such as Geico and State Farm.

More tips and info about insurance coverage can be found at these sites: