Car owners that are new to comparison shopping online can find buying cheaper insurance coverage is not as easy as it seems.
Finding the cheapest coverage can be fairly easy. Basically, anyone who is required by state law to have insurance will be able to find better rates. Although vehicle owners need to have an understanding of the way insurance companies market insurance on the web and apply this information to your search.
Insurance can be prohibitively expensive, but you may be missing some discounts to help offset the cost. A few discounts will be applied when you complete an application, but some need to be asked for before you get the savings.
Discounts reduce rates, but you should keep in mind that most discounts do not apply to the overall cost of the policy. Most cut specific coverage prices like collision or personal injury protection. So when it seems like all the discounts add up to a free policy, insurance companies aren’t that generous.
Larger insurance companies and some of the premium reductions they offer are outlined below.
When getting a coverage quote, ask all companies you are considering to give you their best rates. Some discounts listed above may not apply in your area. To see a list of providers that offer some of these discounts, follow this link.
When buying the right insurance coverage, there is no cookie cutter policy. Every situation is different.
Here are some questions about coverages that can help discover whether your personal situation will benefit from professional help.
If you can’t answer these questions but a few of them apply, you may need to chat with an insurance agent. If you want to speak to an agent in your area, take a second and complete this form.
Knowing the specifics of your policy aids in choosing which coverages you need at the best deductibles and correct limits. The coverage terms in a policy can be confusing and nobody wants to actually read their policy.
Med pay and PIP coverage provide coverage for bills for pain medications, ambulance fees and chiropractic care. They can be utilized in addition to your health insurance policy or if you are not covered by health insurance. Coverage applies to you and your occupants and will also cover being hit by a car walking across the street. PIP coverage is only offered in select states but can be used in place of medical payments coverage
This coverage protects you and your vehicle when other motorists are uninsured or don’t have enough coverage. Covered claims include hospital bills for your injuries as well as damage to your Audi S8.
Because many people carry very low liability coverage limits, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Usually these coverages do not exceed the liability coverage limits.
This will cover damages or injuries you inflict on other’s property or people that is your fault. Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show policy limits of 25/50/25 that translate to a $25,000 limit per person for injuries, a total of $50,000 of bodily injury coverage per accident, and $25,000 of coverage for damaged propery. Some companies may use a combined single limit or CSL which provides one coverage limit with no separate limits for injury or property damage.
Liability can pay for things like repair costs for stationary objects, legal defense fees and court costs. How much coverage you buy is up to you, but consider buying as large an amount as possible.
This coverage will pay to fix damage to your S8 resulting from colliding with another car or object. You will need to pay your deductible then the remaining damage will be paid by your insurance company.
Collision can pay for things such as colliding with a tree, driving through your garage door and hitting a mailbox. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are older. It’s also possible to choose a higher deductible to get cheaper collision coverage.
This coverage will pay to fix damage from a wide range of events other than collision. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive insurance covers claims like theft, hitting a bird, hail damage and fire damage. The maximum payout you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.
More affordable car insurance can be found from both online companies as well as from independent agents, so you should be comparing quotes from both to have the best rate selection. Some insurance providers may not offer the ability to get quotes online and usually these smaller providers provide coverage only through local independent agencies.
People change insurance companies for many reasons like high rates after DUI convictions, poor customer service, delays in responding to claim requests or even high prices. Regardless of your reason, finding a new car insurance company is pretty easy and you might even save some money in the process.
In this article, we covered a lot of tips how to reduce 2015 Audi S8 insurance rates online. It’s most important to understand that the more quotes you get, the better your comparison will be. You may even find the biggest savings come from an unexpected company.
To learn more, feel free to browse the articles below:
I live just outside Minneapolis, Minnesota. Compared quite a few companies. Saved darn near $40 a month. Progressive was the most affordable for me. Even increased my liability limits. They were helpful in switching over.
Does Arkansas require liability coverage?
From northwest of Baton Rouge, LA. Got prices from Liberty Mutual, AAA, Nationwide, and a couple others for my 2015 Audi S8 and saved about $540 a year.
Nice info. Quoted with Mercury for my 2015 Audi S8 and am saving around $560 a year. Was with Hartford.
I live on the north side of Columbia, SC. I compared lots of rates. Saved darn near $20 a month. GEICO was the most affordable for me. LOL
Live in the northern part of Cincinnati, Ohio. Compared rates from a lot of places. Saved darn near $70 a month. State Farm was the cheapest option for me. They offer free online rate quotes.
I’m in the west part of Salem, OR. Not sure of all the companies but I ended up saving about $30 each month. Insured with Erie before. Even increased coverage a bit. I quoted rates online then called them.
I got a good deal I think. I’m from Los Angeles, CA. Quoted a bunch of companies. Saved about $40 a month. 21st Century was the most affordable for me.
Thought I’d throw in my experience. Lifelong resident of Memphis, TN. Quoted prices online for a 2015 Audi S8. Ended up at about $550 savings annually. Went with GEICO.
If you have a good history and live in the vicinity of Charlotte, NC, check out Allstate. I saved quite a bit. Have an at-fault accident tho. :)
Does Allstate settle claims fairly?
Good detail in your article. I live in Charleston, West Virginia. Received quotes from Liberty Mutual, Amica, Sentry, and a couple others for my S8 and am saving around $220 a year. I have several vehicles insured with them. Did it all online.
Will Progressive cancel my policy for a liability claim?
If you don’t have tickets and live around Chesapeake, VA, check out GEICO. You might get cheaper rates. They have free quotes online.
I think Allstate has low rates in Iowa. For me anyway.