2003 Audi A8 Insurance Quotes

Trying to find cheaper insurance coverage rates for your Audi A8? If you are new to online insurance coverage, chances are good that you are baffled by the sheer number of insurance coverage companies offering insurance.

It’s smart to check insurance coverage prices as often as possible since insurance prices are constantly changing. Just because you found the lowest price on A8 coverage at your last renewal there may be better deals available now. There is a lot of bad advice regarding insurance coverage online but in a few minutes you can learn some great ways to lower your insurance coverage bill.

If you are paying for car insurance now, you stand a good chance to be able to reduce your rates substantially using this strategy. This information will familiarize you with the best way to quote coverages and some tricks to saving. Nevertheless, car owners need to have an understanding of how the larger insurance companies price insurance differently and take advantage of how the system works.

Free insurance quotes

There are several ways to compare insurance prices but some are less time-consuming than others. You can waste a few hours (or days) talking to local insurance agents in your area, or you could save time and use the internet for quick rates.

The majority of car insurance companies participate in a marketplace that allows shoppers to enter their coverage request one time, and every company can provide price quotes based on the submitted data. This system prevents you from having to do quote forms to every company.

To submit your quote information now, click to open in new window.

One minor caviat to doing it this way is you are unable to specify the providers you want pricing from. So if you want to choose specific insurance companies to receive pricing from, we put together a list of the cheapest insurance companies in your area. Click to view list.

You can choose any of those ways to find more affodable coverage, but do your best to enter nearly identical deductibles and coverage limits for each price quote. If each company quotes different limits and deductibles on each one it’s impossible to make a fair comparison for your Audi A8. Just slight variations in insurance coverages can result in a big premium difference. Just remember that comparing more quotes will improve the odds of getting the best price.

Discounts can really help to save

Some insurers don’t necessarily list every discount in a way that’s easy to find, so the next list breaks down a few of the more common and also the more inconspicuous discounts you could be receiving when you buy insurance online.

• New Vehicle Savings – Insuring a vehicle that is new is cheaper because newer models are generally safer.
• Student in College – Any of your kids who attend college more than 100 miles from home and leave their car at home could get you a discount.
• Policy Bundle Discount – If you insure your home and vehicles with the same insurance company you could save at least 10 to 15 percent or more.
• Driver Safety – Taking part in a driver safety class may get you a small discount depending on where you live.
• Theft Deterent – Cars, trucks, and SUVs with anti-theft systems can help prevent theft so companies will give you a small discount.
• Accident Forgiveness – This one isn’t a discount, but a handful of insurance companies may permit one accident without raising rates so long as you are claim-free prior to the accident.
• Paper-free Discount – Some companies provide a small discount for buying your policy on the internet.
• Responsible Drivers – Drivers who don’t get into accidents could pay up to 40% less on A8 coverage than less cautious drivers.
• Anti-lock Brake Discount – Anti-lock brake equipped vehicles can reduce accidents so companies give up to a 10% discount.

Discounts lower rates, but many deductions do not apply to the entire cost. Most only cut individual premiums such as comp or med pay. Even though the math looks like all the discounts add up to a free policy, it just doesn’t work that way.

A few of the larger companies and the discounts they provide are:

• State Farm may include discounts for driver’s education, multiple autos, Steer Clear safe driver discount, passive restraint, good student, safe vehicle, and Drive Safe & Save.
• Liberty Mutual may offer discounts for new move discount, teen driver discount, safety features, multi-car, and good student.
• American Family policyholders can earn discounts including good student, early bird, mySafetyValet, Steer into Savings, defensive driver, and good driver.
• Progressive offers discounts including continuous coverage, online signing, multi-policy, homeowner, online quote discount, and good student.
• Farmers Insurance offers premium reductions for business and professional, good student, pay in full, bundle discounts, distant student, and mature driver.
• Auto-Owners Insurance discounts include anti-theft, air bags, group or association, company car, multiple vehicles, and good student.
• SAFECO has savings for teen safe driver, accident prevention training, anti-lock brakes, anti-theft, and safe driver.

When getting free insurance quotes, it’s a good idea to each company to apply every possible discount. Some credits may not be offered in your area. If you would like to choose from a list of insurers that provide some of the discounts listed above, click here.

Will just any policy work for me?

When it comes to choosing adequate coverage, there is no one size fits all plan. Everyone’s needs are different.

Here are some questions about coverages that could help you determine whether or not you may require specific advice.

• Can I afford to pay high deductible claims out of pocket?
• Does my 2003 Audi A8 qualify for pleasure use?
• Is my teen driver covered when they drive my company car?
• Am I covered if I hit my neighbor’s mailbox?
• Does my 2003 Audi A8 need full coverage?
• Do I need more liability coverage?
• Will I lose any money if I cancel my policy before it expires?
• Am I covered when driving in Canada or Mexico?
• Can I afford low physical damage deductibles?
• What is the minimum liability in my state?

If it’s difficult to answer those questions but a few of them apply, you might consider talking to a licensed agent. If you want to speak to an agent in your area, fill out this quick form.

Informed consumers can cut their insurance premiums

Lots of factors are part of the calculation when pricing auto insurance. A few of the factors are predictable like an MVR report, but other criteria are not quite as obvious like where you live or your vehicle rating.

The items below are just a few of the factors companies use to determine rates.

• Frequent policy claims will cost more – Companies generally give most affordable rates to policyholders who do not rely on their insurance for small claims. If you are a frequent claim filer, you can expect higher rates. Auto insurance is designed for claims that you cannot pay yourself.
• Multiple policies with one company – Most major companies allow better rates to buyers who consolidate policies with them. It’s known as a multi-policy discount. Even if you qualify for this discount already, you may still want to comparison shop to confirm you are receiving the best rates possible. You may still be able to save even more than the discount by buying auto insurance from a different company.
• Insurance rates for married couples – Being married can actually save you money when buying auto insurance. It translates into being more mature than a single person it has been statistically shown that married drivers get in fewer accidents.
• Your job is a factor – Occupations such as doctorsairline pilots and dentists tend to have higher rates than average because of high stress levels and lengthy work days. On the other hand, occupations such as scientists, athletes and retirees generally pay rates lower than average on A8 coverage.
• Raising deductibles saves money – Physical damage protection, also called ‘full coverage’, covers your vehicle from damage. Some examples of covered claims are collision with another vehicle, hail damage, and having your car stolen. Deductibles for physical damage tell how much you are required to pay before your auto insurance pays a claim. The more money the insured is willing to pay, the lower your rates will be on A8 coverage.
• Gender matters – Statistics show females are less aggressive when driving. The data does not necessarily mean that males are worse at driving than females. Males and females tend to get into accidents at a similar rate, but the male of the species cause more damage. Men also get ticketed for serious violations like driving under the influence (DUI).
• Never go without auto insurance – Driving with no insurance can get you a ticket and as a result your rates will increase for letting your insurance lapse for non-payment. In addition to paying higher rates, not being able to provide proof of insurance may result in fines and jail time. You may then be required to prove you have insurance by filing a SR-22 with your state motor vehicle department.
• Your location is a factor – Being located in less populated areas of the country may provide you with better prices when it comes to auto insurance. City drivers regularly have more aggressive driving styles and longer commute times. Fewer drivers translates into fewer accidents and also fewer theft and vandalism claims.

Can switching companies really save?

Well-known auto insurance companies like Allstate, Geico and Progressive regularly use ads in print and on television. All the ads tend to make the same promise that drivers will save a bundle if you change to their company. How does every auto insurance company charge you a lower premium? It’s all in how they say it.

Insurance companies offer their best rates for the type of driver that will not have excessive claims. For example, this type of driver could possibly be over the age of 35, has had continuous coverage, and has excellent credit. Someone who matches that profile may get the lowest car insurance rates and therefore will save if they switch.

People who cannot meet these stringent criteria may be forced to pay higher premium rates with the end result being the prospect going elsewhere. The ads say “customers that switch” but not “everyone who gets a quote” save that much when switching. This is how companies can truthfully make those claims. Because of this risk profiling, you should get price quotes at each policy renewal. You cannot predict the company that will have the lowest car insurance rates for your situation.

Auto insurance coverages 101

Understanding the coverages of your auto insurance policy can help you determine the best coverages and the correct deductibles and limits. The terms used in a policy can be ambiguous and reading a policy is terribly boring.

Auto liability – Liability coverage provides protection from damage or injury you incur to other people or property by causing an accident. It 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 per person, bodily injury per accident and property damage. Your policy might show policy limits of 100/300/100 that means you have a limit of $100,000 per injured person, a per accident bodily injury limit of $300,000, and a total limit of $100,000 for damage to vehicles and property.

Liability insurance covers claims like legal defense fees, structural damage and pain and suffering. The amount of liability coverage you purchase is a decision to put some thought into, but consider buying as high a limit as you can afford.

Uninsured Motorist or Underinsured Motorist insurance – This gives you protection when other motorists either have no liability insurance or not enough. Covered losses include hospital bills for your injuries as well as your vehicle’s damage.

Since many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is important protection for you and your family.

Collision coverage – Collision insurance will pay to fix damage to your A8 from colliding with another vehicle or an object, but not an animal. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage protects against claims such as sustaining damage from a pot hole, crashing into a building and colliding with a tree. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are 8 years or older. Drivers also have the option to bump up the deductible to get cheaper collision coverage.

Comprehensive coverage (or Other than Collision) – Comprehensive insurance will pay to fix damage from a wide range of events other than collision. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive can pay for claims such as falling objects, a tree branch falling on your vehicle and hail damage. The highest amount a auto insurance company will pay at claim time is the market value of your vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Insurance for medical payments – Personal Injury Protection (PIP) and medical payments coverage reimburse you for immediate expenses for things like prosthetic devices, X-ray expenses, hospital visits and surgery. They can be used in conjunction with a health insurance policy or if you are not covered by health insurance. They cover you and your occupants as well as being hit by a car walking across the street. PIP coverage is not an option in every state but can be used in place of medical payments coverage

Stretch your dollar

As you restructure your insurance plan, make sure you don’t sacrifice coverage to reduce premiums. There have been many cases where an accident victim reduced full coverage only to find out they didn’t have enough coverage. Your focus should be to buy enough coverage at the best possible price while still protecting your assets.

More affordable auto insurance is definitely available online in addition to local insurance agencies, so you need to shop insurance with both to have the best selection. Some auto insurance companies do not provide rates over the internet and many times these small, regional companies sell through local independent agents.

People change insurance companies for any number of reasons including high prices, delays in paying claims, high rates after DUI convictions or delays in responding to claim requests. No matter why you want to switch, finding the right auto insurance provider can be easier than you think.

More detailed auto insurance information can be found at these sites:

• Bodily Injury Coverage (Liberty Mutual)
• Top Signs Your Brakes are Giving Out (State Farm)
• Electronic Stability Control FAQ (iihs.org)
• Safety Tips for Teen Drivers (Insurance Information Insitute)