2001 Audi A8 Insurance Rates – 10 Policy Discounts

Looking for cheaper insurance coverage rates for your Audi A8? Finding cheaper insurance for your Audi A8 can normally be a painful process, but you can use a few tricks and make it easy.

There is a better way to find insurance coverage online and we’ll show you the proper way to quote coverages for a new or used Audi and find the best price possible from local insurance agents and online providers.

It’s a good idea to compare prices yearly because insurance coverage rates are usually higher with each renewal. Despite the fact that you may have had the best deal on A8 coverage a few years ago you can probably find a better price now. Forget all the misinformation about insurance coverage because you’re about to learn the tricks you need to know to get good coverage at a lower rate.

Save with these ten discounts

Insurance can be prohibitively expensive, but there’s a good chance there are discounts that may help make it more affordable. Certain reductions will be credited at the time of quoting, but some must be manually applied in order for you to get them. If you do not check that you are getting every discount you qualify for, you’re just leaving money on the table.

• Switch and Save Discount – A few companies give discounts for switching policies prior to your current policy expiring. You could save around 10% when you buy car insurance online.
• Distant Student – Youth drivers who are enrolled in higher education away from home and won’t have access to an insured vehicle may be insured at a cheaper rate.
• No Accidents – Good drivers with no accidents can earn big discounts when compared with drivers who are more careless.
• Anti-theft Discount – Vehicles optioned with advanced anti-theft systems are less likely to be stolen and that can save you a little bit as well.
• First Accident Forgiveness – This one is not really a discount per se, but companies like Geico and Allstate will allow you to have one accident before hitting you with a surcharge if you are claim-free for a particular time prior to the accident.
• Student Discount for Driver Training – Require your teen driver to enroll in driver’s education if offered at their school.
• Homeowners Pay Less – Just owning your own home can save you money because maintaining a house demonstrates responsibility.
• Defensive Driver Discounts – Taking part in a class that teaches defensive driver techniques could save 5% or more if your company offers it.
• Discounts for Government Workers – Simply working for the federal government may qualify for a discount when you quote car insurance on A8 coverage with certain companies.
• Discounts for Good Drivers – Drivers who avoid accidents may save up to 50% more on A8 coverage than drivers with accident claims.

A little disclaimer on discounts, most discount credits are not given to the overall cost of the policy. Most only apply to specific coverage prices like comp or med pay. Even though the math looks like you could get a free insurance policy, insurance companies aren’t that generous.

A few companies that may offer some of the discounts shown above may include but are not limited to:

• State Farm
• American Family
• AAA
• Geico
• Mercury Insurance
• Farmers Insurance
• Progressive

If you are trying to find the cheapest car insurance quotes, ask every company which discounts can lower your rates. Discounts may not apply to policyholders in your state. To see a list of insurance companies who offer discounts, click this link.

How to buy car insurance online

Finding a lower price on 2001 Audi A8 insurance isn’t really that difficult. The only requirement is to spend a few minutes on the computer comparing price quotes from online providers. This is very easy and can be done in several different ways.

• The first (and easiest) way consumers can analyze rates is an all-inclusive rate comparison (click to open form in new window). This form prevents you from having to do separate quotation requests for every prospective company. Filling out one form gets coverage cost estimates instantly. It’s definitely the quickest method.
• A more time consuming way to compare rate quotes requires you to visit the website for every company you want to comare and get a separate price quote. For sake of this example, we’ll pretend you want comparison quotes from State Farm, 21st Century and American Family. In order to get each rate, you would have to go to every website to input your insurance information, which is why most consumers use the first method. For a list of links to insurance companies in your area, click here.
• The final method to price shop rates to all the different insurance agencies. Quoting online eliminates the middleman unless you have a complicated situation and need the professional assistance that only an agent can give. Although, it is possible comparison shop your insurance online and still use a local agent.

Whichever way you choose to compare rates, double check that you are using nearly identical coverages for each quote you get. If the quotes have different values for each quote you will not be able to make a fair rate comparison.

Special considerations

When buying coverage for your personal vehicles, there is no “perfect” insurance plan. Everyone’s situation is a little different.

For example, these questions can aid in determining if your insurance needs would benefit from professional advice.

• How do I insure my teen driver?
• Does insurance cover damages from a DUI accident?
• Should I rate my 2001 Audi A8 as pleasure use or commute?
• Do I need motorclub coverage?
• Am I better off with higher deductibles on my 2001 Audi A8?
• Should I file a claim if it’s only slightly more than my deductible?
• Are my tools covered if they get stolen from my vehicle?

If you don’t know the answers to these questions but you think they might apply to your situation, then you may want to think about talking to an agent. If you don’t have a local agent, simply complete this short form. It’s fast, free and can help protect your family.

Insurance coverages 101

Understanding the coverages of your policy can be of help when determining the best coverages at the best deductibles and correct limits. The terms used in a policy can be ambiguous and reading a policy is terribly boring.

Liability auto insurance – Liability insurance will cover damage or injury you incur to other people or property. It consists of three limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have liability limits of 50/100/50 which stand for $50,000 bodily injury coverage, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property. Occasionally you may see a combined limit which provides one coverage limit with no separate limits for injury or property damage.

Liability coverage protects against things such as emergency aid, bail bonds and pain and suffering. How much liability coverage do you need? That is a personal decision, but buy as large an amount as possible.

UM/UIM Coverage – This protects you and your vehicle from other drivers when they either have no liability insurance or not enough. Covered losses include injuries to you and your family and damage to your Audi A8.

Since many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is a good idea. Most of the time the UM/UIM limits are identical to your policy’s liability coverage.

Medical costs insurance – Coverage for medical payments and/or PIP provide coverage for expenses for surgery, pain medications and ambulance fees. They can be used to cover expenses not covered by your health insurance program or if you lack health insurance entirely. Coverage applies to all vehicle occupants and also covers getting struck while a pedestrian. Personal Injury Protection is not an option in every state but it provides additional coverages not offered by medical payments coverage

Collision – This coverage covers damage to your A8 from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for things such as crashing into a ditch, damaging your car on a curb and scraping a guard rail. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Another option is to choose a higher deductible to get cheaper collision coverage.

Comprehensive or Other Than Collision – This covers damage from a wide range of events other than collision. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against things like a broken windshield, falling objects, hitting a bird and damage from a tornado or hurricane. The maximum payout you can receive from a comprehensive 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.

And the best car insurance company is…

In this article, we covered a lot of ways to shop for 2001 Audi A8 insurance online. The most important thing to understand is the more rate comparisons you have, the better likelihood of getting cheaper car insurance. You may be surprised to find that the best rates are with a small mutual company.

Cheap 2001 Audi A8 insurance can be sourced online and from local agencies, so you need to shop car insurance with both so you have a total pricing picture. Some insurance companies may not have the ability to get quotes online and many times these small insurance companies only sell coverage through local independent agencies.

When buying insurance coverage, it’s not a good idea to reduce needed coverages to save money. There are many occasions where an insured cut full coverage only to regret at claim time that their decision to reduce coverage ended up costing them more. The aim is to get the best coverage possible at the best cost while still protecting your assets.

Helpful information

• Should I Buy a New or Used Car? (Allstate)
• Collision Insurance Coverage (Nationwide)
• How do I File a Claim? (Insurance Information Insitute)
• How to Avoid Common Accidents (State Farm)
• Uninsured Motorists: Threats on the Road (Insurance Information Insitute)
• Red Light Cameras (State Farm)