Cheap 2012 Audi R8 Insurance Quotes

Looking for the cheapest insurance rates for your Audi R8? Finding the cheapest insurance for your Audi R8 can normally be a painful process, but you can follow a few tricks to save time.

There is a right way and a wrong way to compare insurance rates and we’ll show you the best way to price shop coverage for a new or used Audi and find the best price possible.

It’s a good habit to price shop coverage on a regular basis because rates are constantly changing. If you had the best rate for R8 coverage a couple years back you will most likely find a better price today. Forget anything you know (or think you know) about insurance because you’re about to learn the easiest way to find lower rates on insurance.

Pricing affordable insurance coverage is easy if you know what you’re doing. If you have a current insurance coverage policy or are looking for a new policy, you can learn to shop for the lowest rates while maximizing coverage. Vehicle owners only need an understanding of the proper way to shop online.

How to compare car insurance quotes

Reducing your 2012 Audi R8 insurance rates is a great way to save money. Consumers just need to take a few minutes comparing rate quotes to see which company has cheap insurance quotes. This can easily be done in several different ways.

The simplest way to get the best comparison quotes is an all-inclusive rate comparison (click to open form in new window). This style of form prevents you from having to do multiple quote forms for each company. One simple form will get you rate comparisons from many national carriers. This is perfect if you don’t have a lot of time.

A less efficient way to get comparison quotes requires a trip to each company’s website and repeat the quote process again and again. For example, let’s say you are doing a rate comparison from Nationwide, Allstate and GMAC. To get each rate you have to navigate to each company’s site and repeatedly type in your coverage information, and that explains why we recommend the first method. For a list of links to insurance companies in your area, click here.

The final method to compare price quotes is going to and from local insurance agencies. Comparing online rate quotes makes this unnecessary unless you have a complicated situation and need the professional advice that only an agent can give. Although you can get the lowest quotes online but have your policy serviced through an agent.

You can choose any of those ways to find more affodable coverage, but do your best to enter nearly identical quote data on every quote. If you have different data it will be nearly impossible to determine the best price for your Audi R8.

Cheap auto insurance rates with discounts

Insurance can be prohibitively expensive, but companies offer discounts that you may not even be aware of. Certain reductions will be credited when you purchase, but some may not be applied and must be inquired about before being credited.

  • Student Discount for Driver Training – Require your teen driver to enroll and complete driver’s education in high school.
  • Homeowners Discount – Just owning your own home may earn you a small savings because it is proof that your finances are in order.
  • Discounts for Seat Belt Usage – Forcing all vehicle occupants to use their safety belts can save 10% or more on the premium charged for medical payments and/or PIP.
  • Professional Organizations – Affiliation with a qualifying organization is a good way to get lower rates on your next renewal.
  • Life Insurance – Select companies reward you with lower rates if you buy some life insurance too.
  • Discount for Low Mileage – Maintaining low annual mileage can earn better prices on cars that stay parked.

Please keep in mind that some credits don’t apply to your bottom line cost. Most only apply to the cost of specific coverages such as comprehensive or collision. So even though they make it sound like all those discounts means the company will pay you, nobody gets a free ride.

Companies and their possible discounts can be found below.

  • The Hartford policyholders can earn discounts including driver training, vehicle fuel type, defensive driver, air bag, and bundle.
  • American Family may include discounts for multi-vehicle, good driver, mySafetyValet, defensive driver, accident-free, TimeAway discount, and air bags.
  • Progressive may offer discounts for online signing, multi-vehicle, homeowner, continuous coverage, online quote discount, and good student.
  • Travelers offers discounts for save driver, continuous insurance, multi-car, IntelliDrive, and multi-policy.
  • Farmers Insurance offers premium reductions for distant student, electronic funds transfer, multi-car, bundle discounts, youthful driver, alternative fuel, and business and professional.
  • USAA discounts include multi-vehicle, vehicle storage, multi-policy, defensive driver, and military installation.
  • Liberty Mutual may have discounts that include good student, safety features, new vehicle discount, new move discount, new graduate, and preferred payment discount.

When getting a coverage quote, ask each insurance company which credits you are entitled to. A few discounts may not apply to policies in your area. To choose providers with significant discounts, click here to view.

Tailor your auto insurance coverage to you

When choosing coverage for your personal vehicles, there really is not a perfect coverage plan. Each situation is unique.

For example, these questions can aid in determining whether your personal situation would benefit from an agent’s advice.

  • Why do I need rental car insurance?
  • Am I covered if I drive in a foreign country?
  • When should I buy a commercial auto policy?
  • Can my babysitter drive my car?
  • Do all my vehicles need collision coverage?
  • What is the minimum liability in my state?
  • What vehicles should carry emergency assistance coverage?
  • What discounts do I qualify for?
  • Do I need PIP (personal injury protection) coverage in my state?
  • When should I remove comp and collision on my 2012 Audi R8?

If you can’t answer these questions but you think they might apply to your situation, you might consider talking to an agent. If you don’t have a local agent, complete this form. It is quick, free and can provide invaluable advice.

Why your insurance rates might be higher

Part of the insurance buying process is learning some of the things that come into play when calculating your premiums. If you have some idea of what impacts premium levels, this empowers consumers to make smart changes that could help you find big savings. Many different elements are part of the equation when you get your auto insurance bill. Some factors are common sense like your driving record, although others are less apparent like your continuous coverage or your financial responsibility.

  • Gender as a rate factor – The statistics show that females tend to be a little less risky than males. However, this does not mean women are BETTER drivers than men. Both sexes are responsible for at-fault accidents at a similar rate, but guys cause more damage and cost insurance companies more money. Men also tend to have more aggressive citations such as reckless driving. Male teenagers cause the most accidents so they pay the highest premiums.
  • Safer the car lower the rate – Vehicles that have high safety ratings are cheaper to insure. Vehicles built for safety reduce the chance of injuries and lower rates of occupant injuries means less money paid by your insurance company and thus lower rates. If your Audi R8 is rated at a minimum four stars on Safercar.gov you may pay a lower rate.
  • Rental and towing coverage may not be needed – There are quite a few additional coverages that you can get tricked into buying if you don’t pay attention. Insurance for things like replacement cost coverage, towing, and motor club memberships are some examples. The coverages may be enticing when discussing your needs, but your money might be better spent on other coverage so eliminate them to save money.
  • Is you occupation costing you more? – Did you know that where you work can have an impact on rates? Occupations such as fire fightersair traffic controllers and accountants usually pay higher premium rates in part from intense work requirements and incredibly demanding work hours. Conversely, jobs such as professors, historians and performers get better rates for R8 coverage.
  • More traffic means higher claims – Residing in less populated areas is a good thing when insuring your vehicles. Fewer drivers and short commutes means fewer accidents and lower theft and vandalism rates. Drivers who live in large cities have more aggressive driving styles and much longer commute distances. Longer commute distances means a statistically higher chance of an accident.
  • Cheaper rates using alarms and GPS tracking – Buying a car with an alarm system can help bring down rates. Theft deterrent systems like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system help track and prevent auto theft.
  • Always keep your coverage in force – Having a lapse in insurance coverage will be a fast way to trigger a rate increase. In addition to paying higher rates, failure to provide proof of insurance could earn you a fine, jail time, or a revoked license. Then you may be required to prove you have insurance by filing a SR-22 with your state motor vehicle department.

Insurance coverage considerations

Learning about specific coverages of your insurance policy can be of help when determining appropriate coverage and proper limits and deductibles. The coverage terms in a policy can be difficult to understand and reading a policy is terribly boring.

Comprehensive coverage (or Other than Collision)

Comprehensive insurance covers damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for things like damage from getting keyed, hail damage, a tree branch falling on your vehicle, fire damage and a broken windshield. The most your insurance company will pay is the market value of your vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Uninsured Motorist or Underinsured Motorist insurance

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other drivers when they do not carry enough liability coverage. This coverage pays for medical payments for you and your occupants as well as damage to your Audi R8.

Since many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage should not be overlooked. Frequently your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Insurance for medical payments

Personal Injury Protection (PIP) and medical payments coverage pay for short-term medical expenses for surgery, ambulance fees, hospital visits, rehabilitation expenses and nursing services. The coverages can be utilized in addition to your health insurance policy or if there is no health insurance coverage. It covers not only the driver but also the vehicle occupants in addition to any family member struck as a pedestrian. PIP coverage is not an option in every state but can be used in place of medical payments coverage

Coverage for collisions

Collision insurance covers damage to your R8 resulting from colliding with another car or object. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for things like colliding with another moving vehicle, rolling your car and colliding with a tree. Collision is rather expensive coverage, so consider dropping it from lower value vehicles. Drivers also have the option to raise the deductible to save money on collision insurance.

Auto liability insurance

This coverage will cover damage or injury you incur to people or other property. This coverage protects you from legal claims by others, and doesn’t cover your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have values of 50/100/50 which means a limit of $50,000 per injured person, a per accident bodily injury limit of $100,000, and $50,000 of coverage for damaged propery. Some companies may use one limit called combined single limit (CSL) which provides one coverage limit and claims can be made without the split limit restrictions.

Liability coverage protects against things like bail bonds, medical services, court costs and repair costs for stationary objects. How much liability should you purchase? That is your choice, but consider buying as large an amount as possible.

Money doesn’t grow on trees

As you shop your coverage around, it’s not a good idea to skimp on coverage in order to save money. There have been many cases where an insured cut uninsured motorist or liability limits and learned later that the few dollars in savings costed them thousands. Your aim should be to purchase plenty of coverage at the best cost, but don’t skip important coverages to save money.

Cheaper insurance coverage can be found online as well as from insurance agents, so you should compare both to have the best selection. There are still a few companies who may not provide rates over the internet and most of the time these small insurance companies work with independent agencies.

We’ve covered some good ideas how you can lower your 2012 Audi R8 insurance prices. The key thing to remember is the more rate comparisons you have, the higher the chance of saving money. Drivers may discover the lowest prices are with some of the lesser-known companies.

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