Compare 2008 Audi R8 Car Insurance Rates

Are you irritated from not being able to scrape enough together to pay your auto insurance bill each month? Your situation is no different than many other consumers.

Many auto insurance companies compete to insure your vehicles, and it can be difficult to compare rates and uncover the absolute lowest price

It is always a good idea to price shop coverage occasionally because rates trend upward over time. Even if you got the best deal for R8 insurance two years ago you can probably find a better price now. There are a lot of ways to save on auto insurance on the web, but in a few minutes you can learn some of the best techniques to quit paying high auto insurance rates.

Quote car insurance online

Many insurance companies give prices for coverage online. Doing online quotes is quite easy as you just enter the coverages you want as detailed in the form. After you complete the form, their rating system requests your driving and credit reports and generates a price based on the information you submitted. Online price quotes simplifies rate comparisons, but the work required to visit different websites and type in the same data is not the best way to spend an afternoon. But it’s also necessary to compare as many rates as possible if you are searching for the best price on car insurance.

The smarter way to get multiple rate quotes makes use of a single form that obtains quotes from multiple companies. The form is fast, helps eliminate reptitive entry, and makes rate comparisons much more enjoyable and efficient. Immediately after you send the form, your coverage is rated and you are able to buy any or none of the price quotes you receive. If a lower price is quoted, you simply finish the application and buy the new coverage. The whole process can be completed in less than 10 minutes and can result in significant savings.

If you want to find out if lower rates are available, click here to open in a new tab and submit the form. If you currently have coverage, we recommend you copy deductibles and limits exactly as they are listed on your policy. This guarantees you will receive rate quotes using the exact same coverages.

Insurance in the media

State Farm, GEICO and Progressive regularly use ads on TV and radio. All the ads seem to make the promise that you can save just by moving your coverage to them. How can each company lower your rates? It’s all in the numbers.

All the different companies give the best rates for the right customer that earns them the highest profit. For instance, a desirable risk may need to be between the ages of 40 and 55, carries high limits, and drives a car with an anti-theft system. A customer who matches that profile will probably get the lowest rates and as a result will probably cut their rates substantially.

Insureds who are not a match for these criteria will have to pay a higher premium and this results in business going elsewhere. If you listen to the ad wording, they say “people that switch” not “everyone who quotes” save that much when switching. That’s why insurance companies can confidently advertise the way they do. That is why you should get a wide range of price quotes. Because without a comparison, you cannot know which insurance company will fit your personal profile best.

Buy Audi R8 insurance cheaper

Many different elements are taken into consideration when premium rates are determined. Most are fairly basic such as traffic violations, although some other factors are more obscure like your vehicle usage or your vehicle rating.A large part of saving on insurance coverage is knowing a few of the rating criteria that help determine the price you pay for insurance coverage. When you know what positively or negatively positively or negatively impacts your premiums, this allows you to make educated decisions that can help you get lower insurance coverage prices.

Shown below are a few of the things that factor into your premiums.

  • Stay claim-free and lower rates – Car insurance companies award the best rates to insureds who do not rely on their insurance for small claims. If you are the type of insured that files lots of claims you can look forward to either a policy non-renewal or much higher rates. Your insurance policy is intended to be relied upon for claims that you cannot pay yourself.
  • Don’t skimp on liability protection – The liability section of your policy is the protection if a jury decides you are liable for causing damage or personal injury in an accident. Liability insurance provides legal defense which can cost a lot. It is affordable coverage compared to other policy coverages, so do not cut corners here.
  • Premiums are lower the older you get – Older, more experienced drivers are proven to be safer behind the wheel, are lower risk to insure , and usually have better credit.Teen drivers are statistically proven to be inattentive and easily distracted in a vehicle and because of this, their insurance coverage rates are much higher.
  • Better insurance coverage rates for continuous insurance coverage coverage – Driving without insurance coverage in place is not a good idea and you may have a hard time finding new coverage because you let your coverage have a gap. In addition to paying higher premiums, failure to provide proof of insurance may earn you a fine, jail time, or a revoked license.
  • Men drivers tend to cost more – The statistics show that females tend to be a little less risky than males. That doesn’t necessarily mean that men are worse drivers. Females and males get in at-fault accidents in similar numbers, but males cause more damage. Men also receive more costly citations like DWI (DUI) or reckless driving.
  • High coverage deductibles cost less – Comprehensive and collision coverage deductibles tell how much you are required to spend out-of-pocket if a claim is determined to be covered. Coverage for physical damage, termed comprehensive and collision coverage on your policy, insures against damage to your car. Some examples of covered claims are rearending another vehicle, animal collisions, and having a roll-over accident. The more you are required to pay out-of-pocket, the lower your rates will be for R8 insurance.
  • Multiple policies with one company – Most major insurers apply a discount to people who buy several policies from them. It’s known as a multi-policy discount. The discount can be as much as ten percent or more If you currently are using one company, it’s still a good idea to check prices from other companies to help ensure you have the lowest rates.

Get cheaper car insurance with discounts

Companies offering auto insurance do not advertise the complete list of policy discounts very clearly, so the following is a list of both well-publicized and the harder-to-find credits available to you. If you check and find you aren’t receiving every discount you deserve, you could be getting lower rates.

  • Own a Home and Save – Just owning your own home may earn you a small savings because owning a home is proof of financial responsibility.
  • Sign Online – Some of the larger companies provide a small discount simply for signing on the internet.
  • ABS and Traction Control Discounts – Cars and trucks that have anti-lock braking systems are safer to drive and the ABS can save up to 10%.
  • Accident Waiver – Not necessarily a discount, but companies like Allstate, State Farm and GEICO may permit one accident before hitting you with a surcharge so long as you haven’t had any claims for a certain period of time.
  • Data Collection Discounts – Drivers that enable driving data collection to spy on when and where they use their vehicle remotely such as Snapshot from Progressive or Drivewise from Allstate might get better premium rates if their driving habits are good.
  • Policy Bundle Discount – If you insure your home and vehicles with the same company you will save over 10 percent off each policy depending on the company.
  • Discount for Swiching Early – Some larger companies provide a discount for buying a new policy early. It could save around 10% when you buy insurance online.

While discounts sound great, it’s important to understand that most credits do not apply the the whole policy. The majority will only reduce individual premiums such as liability, collision or medical payments. Even though it may seem like you would end up receiving a 100% discount, car insurance companies aren’t that generous. But any discount will help reduce your overall premium however.

A few of the larger companies and a selection of discounts include:

  • 21st Century may have discounts that include theft prevention, defensive driver, teen driver, good student, anti-lock brakes, and homeowners.
  • State Farm discounts include driver’s education, good driver, Drive Safe & Save, Steer Clear safe driver discount, and multiple autos.
  • AAA includes discounts for multi-policy, education and occupation, AAA membership discount, anti-theft, good student, good driver, and pay-in-full.
  • Liberty Mutual has savings for new graduate, hybrid vehicle, exclusive group savings, new move discount, and preferred payment discount.
  • Progressive has discounts for online signing, homeowner, multi-vehicle, multi-policy, and continuous coverage.

If you need low cost insurance quotes, ask each company which discounts can lower your rates. Savings might not apply in your area. To locate car insurance companies with the best discounts, follow this link.

Tailor your car insurance coverage to you

When choosing the best car insurance coverage, there is no “perfect” insurance plan. Everyone’s needs are different so this has to be addressed. For instance, these questions could help you determine if you would benefit from an agent’s advice.

  • Is my 2008 Audi R8 covered for smoke damage?
  • What if I total my 2008 Audi R8 and owe more than it’s worth?
  • What if I don’t agree with a claim settlement offer?
  • Should I waive the damage coverage when renting a car?
  • Can I afford low physical damage deductibles?
  • Does my policy pay for OEM or aftermarket parts?
  • Do I need more liability coverage?
  • Can I afford to pay high deductible claims out of pocket?
  • When should I remove comp and collision on my 2008 Audi R8?
  • Am I covered when renting a car or should I buy coverage from the car rental agency?

If you can’t answer these questions then you might want to talk to a licensed agent. If you want to speak to an agent in your area, simply complete this short form or you can also visit this page to select a carrier

Detailed coverages of your car insurance policy

Understanding the coverages of a car insurance policy can be of help when determining the right coverages for your vehicles. The terms used in a policy can be ambiguous and nobody wants to actually read their policy. These are the normal coverages found on most car insurance policies.

Coverage for medical payments

Med pay and PIP coverage kick in for short-term medical expenses for things like chiropractic care, surgery, rehabilitation expenses and X-ray expenses. They are used to fill the gap from 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 being hit by a car walking across the street. Personal injury protection coverage is not an option in every state but can be used in place of medical payments coverage

Liability

This coverage protects you from damage that occurs to people or other property. This coverage protects you from legal claims by others. Liability doesn’t cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see policy limits of 100/300/100 which means $100,000 in coverage for each person’s injuries, a total of $300,000 of bodily injury coverage per accident, and a limit of $100,000 paid for damaged property.

Liability can pay for claims like loss of income, emergency aid and structural damage. How much liability coverage do you need? That is your choice, but it’s cheap coverage so purchase as high a limit as you can afford.

Collision protection

This pays to fix your vehicle from damage caused by collision 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 insurance covers claims such as colliding with a tree, rolling your car, hitting a mailbox and driving through your garage door. Collision is rather expensive coverage, so consider dropping it from vehicles that are 8 years or older. Drivers also have the option to bump up the deductible to save money on collision insurance.

Uninsured and underinsured coverage

This protects you and your vehicle’s occupants when the “other guys” are uninsured or don’t have enough coverage. Covered claims include injuries to you and your family as well as your vehicle’s damage.

Since many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is a good idea.

Comprehensive coverages

Comprehensive insurance pays for damage from a wide range of events other than collision. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims such as damage from a tornado or hurricane, hitting a deer, rock chips in glass, falling objects and a broken windshield. The highest amount you can receive from a comprehensive claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Shop smart and save

Budget-friendly insurance is possible both online in addition to many insurance agents, so you need to quote insurance with both to have the best chance of lowering rates. Some insurance providers may not offer the ability to get quotes online and these small, regional companies provide coverage only through local independent agencies.

When getting insurance quotes online, it’s not a good idea to sacrifice coverage to reduce premiums. There have been many cases where someone sacrificed collision coverage and discovered at claim time that saving that couple of dollars actually costed them tens of thousands. The aim is to buy a smart amount of coverage for the lowest cost but still have enough coverage for asset protection.

We’ve covered many tips how you can get a better price on 2008 Audi R8 insurance. The most important thing to understand is the more rate comparisons you have, the better your chances of lowering your prices. You may even discover the most savings is with a small local company. These smaller insurers can often provide lower prices in certain areas as compared to the big name companies such as Allstate and Progressive.

To learn more, link through to the resources below:

Comments About 2008 Audi R8 Insurance

  1. Beth Richardson

    IT’S ALL TOO EXPENSIVE! I’m from Fayetteville, AR. Don’t remember every company but I ended up saving about $60 each month. Insured with GEICO before.

  2. Keri Curry

    What does medical payments cover?

  3. Randy Hurley

    Like your site, BTW. Live in Columbia, South Carolina. Quoted quotes from Auto-Owners, MetLife, and USAA for my Audi and saved $291 a year. I even had a DUI years ago. I got prices on the web.

  4. Kerrie Savage

    Does GEICO have low rates for teen drivers?

  5. Danyelle Bullock

    Good detail in your article. Checking in from Colorado Springs, CO. Got free quotes online for a 2008 Audi R8. Ended up at about $560 savings annually. Went with State Farm. Was with Hartford. Hardly afford to drive anymore.

  6. Lauri Solis

    Nice info. Got a quote with Hartford for my R8 and am saving around $390 a year. Left Mercury to switch. Even increased coverage a bit.

  7. Shante Stokes

    I live in Nampa, Idaho. Got quotes from Amica, Farmers, and Sentry for my R8 and saved about $130 a year.

  8. Oren Holden

    I’m in the east part of Salt Lake City, UT. Got free quotes online for a 2008 Audi R8. Ended up at about $450 savings annually. Went with Progressive. Hopefully won’t need it. Might find lower rates online.

  9. Chelsie Bowen

    Can you buy custom paint coverage for a 2008 Audi R8?

  10. Sherry Cardenas

    If you have a good history and live in the vicinity of Huntington, WV, check out Allstate. They seem to be cheaper. Was with MetLife. I have a teen driver too. It was easy to get rates.

  11. Delorse Torres

    If you have a good history and live near Gulfport, MS, check out GEICO. They seem to be cheaper. Was with American Family. I’m a pretty low risk driver. I used their online quote form to compare rates.

  12. Iola Mckay

    I’ve had GEICO for years. I’m in Providence, RI.