2017 Audi A8 Insurance Quotes – 5 Tricks for Cheaper Rates

Want lower insurance coverage rates for your Audi A8? Are you a victim of overpriced insurance coverage? It’s quite common and there are lots of residents who feel the same. Companies like Geico, Farmers Insurance and State Farm all claim big savings with advertising and it is challenging if not impossible to ignore the propoganda and find the best price available.

It’s smart to shop coverage around before your policy renews because insurance coverage prices tend to go up over time. Even if you think you had the best price on A8 insurance a couple years back other companies may now be cheaper. Don’t believe everything you read about insurance coverage online, but you can learn some tested techniques to slash your insurance coverage rates.

More discounts mean lower-cost premiums

Insurance can be prohibitively expensive, but there may be some discounts to cut the cost considerably. Some trigger automatically when you complete an application, but some must be specifically requested before you get the savings.

• Policy Bundle Discount – If you can bundle your auto and homeowners insurance with one insurance company you may earn approximately 10% to 15%.
• Low Miles Discount – Low mileage vehicles can qualify you for substantially lower premium rates.
• Cautious Driver Discounts – Drivers who don’t get into accidents can save as much as half off their rates on A8 insurance as compared to drivers with claims.
• New Vehicle Savings – Putting insurance on a new car may earn a small discount since new vehicles have better safety ratings.
• Student Discount for Driver Training – Reduce the cost of insurance for teen drivers by having them sucessfully take a drivers education course as it will make them better drivers and lower rates.

One thing to note about discounts is that some of the credits will not apply to all coverage premiums. Some only reduce the price of certain insurance coverages like physical damage coverage or medical payments. Despite the fact that it seems like you would end up receiving a 100% discount, that’s just not realistic.

Companies and a selection of discounts can be found below.

• Geico offers discounts including driver training, membership and employees, good student, seat belt use, anti-lock brakes, and air bags.
• MetLife policyholders can earn discounts including accident-free, claim-free, defensive driver, good student, good driver, multi-policy
• Progressive has discounts for online quote discount, continuous coverage, good student, homeowner, multi-vehicle, and online signing.
• Travelers may have discounts that include hybrid/electric vehicle, home ownership, payment discounts, early quote, and driver training.
• SAFECO offers discounts for anti-lock brakes, safe driver, anti-theft, bundle discounts, teen safe driver, multi-car, and homeowner.
• AAA includes discounts for education and occupation, multi-policy, good driver, anti-theft, pay-in-full, and AAA membership discount.

When comparing rates, check with each company or agent to give you their best rates. Depending on the company, some discounts may not apply to policies in your state. If you would like to see a list of providers that provide some of the discounts listed above, click here.

It’s not one size fits all

When choosing the right insurance coverage for your personal vehicles, there really is not a one size fits all plan. Coverage needs to be tailored to your specific needs and a cookie cutter policy won’t apply. For example, these questions can aid in determining if you may require specific advice.

• Does my policy pay for OEM or aftermarket parts?
• Is a new car covered when I drive it off the dealer lot?
• How high should my uninsured/underinsured coverage be in my state?
• Can I get a multi-policy discount for packaging my home and auto coverage?
• Do I need higher collision deductibles?
• Do I need an umbrella policy?
• Why am I required to get a high-risk car insurance policy?
• How many claims can I have before being cancelled?

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. If you don’t have a local agent, complete this form or go to this page to view a list of companies. It is quick, free and can provide invaluable advice.

Insurance coverage considerations

Understanding the coverages of your insurance policy can help you determine which coverages you need for your vehicles. The coverage terms in a policy can be impossible to understand and nobody wants to actually read their policy. These are the normal coverages offered by insurance companies.

Coverage for medical expenses

Medical payments and Personal Injury Protection insurance reimburse you for bills like funeral costs, X-ray expenses, rehabilitation expenses, hospital visits and nursing services. They are often used to fill the gap from your health insurance program or if you lack health insurance entirely. Medical payments and PIP cover not only the driver but also the vehicle occupants and will also cover if you are hit as a while walking down the street. Personal injury protection coverage is not available in all states and gives slightly broader coverage than med pay

Coverage for uninsured or underinsured drivers

Uninsured or Underinsured Motorist coverage protects you and your vehicle when other motorists either are underinsured or have no liability coverage at all. Covered losses include injuries sustained by your vehicle’s occupants and also any damage incurred to your Audi A8.

Due to the fact that many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. So UM/UIM coverage is very important.

Comprehensive insurance

This covers damage from a wide range of events other than collision. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things such as rock chips in glass, damage from flooding, theft, damage from getting keyed and a tree branch falling on your vehicle. The most you can receive from a comprehensive claim is the cash value of the vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

Auto collision coverage

This coverage pays to fix your vehicle from damage caused by collision with another vehicle or an object, but not an animal. A deductible applies and then insurance will cover the remainder.

Collision coverage pays for things such as backing into a parked car, damaging your car on a curb, hitting a mailbox and crashing into a ditch. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from lower value vehicles. Another option is to bump up the deductible in order to get cheaper collision rates.

Coverage for liability

Liability insurance can cover damage or injury you incur to a person or their property that is your fault. It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see policy limits of 50/100/50 which means $50,000 bodily injury coverage, a total of $100,000 of bodily injury coverage per accident, and property damage coverage for $50,000.

Liability coverage protects against things like medical expenses, funeral expenses, emergency aid and medical services. How much liability should you purchase? That is up to you, but it’s cheap coverage so purchase as large an amount as possible.

Buy Smart and Save

More affordable auto insurance can be sourced both online and with local insurance agents, and you should be comparing both to have the best chance of lowering rates. A few companies don’t offer price quotes online and these small, regional companies sell through independent agencies.

When you buy auto insurance online, never reduce coverage to reduce premium. There are too many instances where consumers will sacrifice full coverage and learned later that they should have had better coverage. Your aim should be to buy a smart amount of coverage at the best price, not the least amount of coverage.

Additional articles

• How to Avoid Buying a Flooded Car (Insurance Information Insitute)
• What Does No-Fault Insurance Cover? (Allstate)
• Understanding Limits and Deductibles (Allstate)
• Drunk Driving Statistics (Insurance Information Insitute)
• Property Damage Coverage (Liberty Mutual)
• Tools for Teen Driving Safety (State Farm)