View 2014 Audi A8 Car Insurance Rates

Looking for lower auto insurance rates for your Audi A8? Did you make the mistake of buying an underperforming, overpriced auto insurance policy? It’s a common feeling and there are many consumers feeling the pinch from expensive auto insurance. With consumers having so many online and local companies to choose from, it’s difficult to pick a lower cost auto insurance provider.

Save with these discounts

Insurance is easily one of your largest bills, but you may be missing some discounts that could help you make your next renewal payment. Larger premium reductions will be automatically applied at the time of purchase, but lesser-known reductions have to be specifically requested prior to getting the savings.

  • Own a Home – Being a homeowner can save you money because of the fact that having a home is proof that your finances are in order.
  • Driver’s Ed – Require your teen driver to sucessfully take a drivers education course in school or through a local driver safety program.
  • Safety Restraint Discount – Using a seat belt and requiring all passengers to use their safety belts could cut 10% or more off the medical payments premium.
  • Defensive Driver Discount – Taking time to complete a driver safety class could cut 5% off your bill and also improve your driving technique.
  • Membership in Organizations – Being in qualifying clubs or civic groups could qualify you for a break on your next renewal.
  • No Claim Discounts – Insureds who avoid accidents and claims have much lower rates in comparison to bad drivers.

Just know that most credits do not apply to all coverage premiums. The majority will only reduce specific coverage prices like comp or med pay. So even though it sounds like adding up those discounts means a free policy, insurance companies wouldn’t stay in business.

To view insurers with the best discounts, click here to view.

What determines Audi A8 insurance costs?

An important part of buying insurance is that you know some of the factors that go into determining the level of your policy premiums. If you have some idea of what impacts premium levels, this helps enable you to make changes that can earn you much lower annual insurance costs. Lots of factors are taken into consideration when quoting car insurance. Some of the criteria are obvious like a motor vehicle report, although some other factors are not as apparent such as your credit history or how financially stable you are.

  • Auto insurance rates and age – Older people are proven to be safer behind the wheel, tend to file fewer claims and are safer drivers.Teen drivers are proven to get distracted easily when behind the wheel so auto insurance rates are higher.
  • Don’t let your auto insurance policy lapse – Having a lapse in insurance coverage will be a quick way to increase your renewal premiums. In addition to paying higher rates, failure to provide proof of insurance may earn you a fine, jail time, or a revoked license. You may then be required to submit proof of financial responsibility or a SR-22 with your state motor vehicle department to get your license reinstated.
  • Occupation impacts premiums – Do you work in a high-stress field? Careers like judges, social workers and financial analysts generally have higher average rates because of intense work-related stress and long work days. On the other hand, professions such as actors, engineers and homemakers pay the least for A8 coverage.
  • Tickets cost more than a fine – Even a single speeding ticket or other violation could increase your next policy renewal substantially. Careful drivers pay lower auto insurance prices than bad drivers. Drivers with flagrant violations such as DUI, reckless driving or excessive speeding may need to submit a SR-22 form with their state DMV in order to prevent a license revocation.
  • The higher your credit score the lower your rates – Having a bad credit rating is likely to be a major factor in determining what you pay. Drivers who have very high credit ratings tend to be more responsible than drivers with poor credit. If your credit rating can use some improvement, you could potentially save money when insuring your 2014 Audi A8 by taking the time to improve your credit score.

Special considerations

When choosing proper insurance coverage for your vehicles, there is no perfect coverage plan. Everyone’s situation is unique so your insurance needs to address that. These are some specific questions can help discover if you would benefit from an agent’s advice.

  • Are there companies who specialize in insuring high-risk drivers?
  • Can I afford to buy a different vehicle if my 2014 Audi A8 is totaled?
  • Am I covered when using my vehicle for business?
  • Should I get collision insurance on every vehicle?
  • What if I don’t agree with a claim settlement offer?
  • Does my policy cover my teen driver if they drive my company car?

If it’s difficult to answer those questions but you think they might apply to your situation, then you may want to think about talking to a licensed insurance agent. To find an agent in your area, simply complete this short form or you can go here for a list of companies in your area. It is quick, free and you can get the answers you need.

Brand name doesn’t guarantee savings

Consumers can’t avoid all the ads that claim the lowest rates by State Farm, GEICO and Progressive. They all say the same thing that drivers will save a bundle if you switch your car insurance coverage to their company.

How does every car insurance company charge you less for auto insurance? This is how they do it.

Different companies have specific characteristics for the type of driver that will be a good risk. A good example of a preferred risk could be over the age of 50, has had continuous coverage, and does not commute to work. Any customer that fits those parameters is entitled to the best price and therefore will pay quite a bit less when switching companies.

People who are not a match for this stringent profile will see higher rates which translates to the customer buying from someone else. Company advertisements say “people that switch” but not “everyone who gets a quote” save that kind of money. That’s the way insurance companies can advertise the savings.

Because each company has a different risk profile, you absolutely need to do a rate comparison at every renewal. Because without a comparison, you cannot know which company will provide the lowest auto insurance rates.

Auto insurance coverage considerations

Understanding the coverages of a auto insurance policy helps when choosing appropriate coverage at the best deductibles and correct limits. Auto insurance terms can be confusing and nobody wants to actually read their policy. Listed below are typical coverage types found on most auto insurance policies.

Liability coverage

Liability insurance will cover damage that occurs to a person or their property that is your fault. This insurance protects YOU from legal claims by others, and doesn’t cover damage to your own property or vehicle.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show values of 100/300/100 that translate to a $100,000 limit per person for injuries, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property. Alternatively, you may have a combined limit which provides one coverage limit and claims can be made without the split limit restrictions.

Liability coverage protects against claims such as medical expenses, attorney fees, legal defense fees and medical services. How much liability should you purchase? That is your choice, but you should buy as high a limit as you can afford.

Comprehensive coverage

Comprehensive insurance covers damage OTHER than collision with another vehicle or object. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for things such as damage from flooding, vandalism, falling objects and rock chips in glass. The maximum payout you’ll receive from a claim is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Uninsured/Underinsured Motorist coverage

Uninsured or Underinsured Motorist coverage provides protection from other motorists when they either are underinsured or have no liability coverage at all. It can pay for medical payments for you and your occupants and damage to your Audi A8.

Since a lot of drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is very important. Frequently the UM/UIM limits are set the same as your liablity limits.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage provide coverage for short-term medical expenses like EMT expenses, X-ray expenses, dental work and surgery. The coverages can be used to cover expenses not covered by your health insurance program or if you lack health insurance entirely. Medical payments and PIP cover you and your occupants as well as getting struck while a pedestrian. PIP is not available in all states but it provides additional coverages not offered by medical payments coverage

Collision coverage protection

This pays for damage to your A8 caused by collision with a stationary object or other vehicle. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims like colliding with another moving vehicle, driving through your garage door, rolling your car, colliding with a tree and backing into a parked car. This coverage can be expensive, so consider dropping it from vehicles that are 8 years or older. It’s also possible to choose a higher deductible in order to get cheaper collision rates.

Smart consumers save more

Cheap 2014 Audi A8 insurance is available from both online companies and from local insurance agents, and you should compare rates from both to have the best chance of lowering rates. A few companies do not offer the ability to get quotes online and many times these small, regional companies provide coverage only through independent insurance agents.

We’ve covered a lot of ways to shop for 2014 Audi A8 insurance online. It’s most important to understand that the more rate comparisons you have, the better your comparison will be. You may even find the best premium rates are with the smaller companies. These smaller insurers can often provide lower prices in certain areas as compared to the big name companies such as Allstate or State Farm.

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