2015 Audi S8 Insurance Quotes – 6 Tricks for Cheaper Rates

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.

Find discounts on insurance

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.

• Paper-free Discount – A few larger online companies may give you up to $50 simply for signing online.
• Anti-theft System – Cars and trucks equipped with anti-theft or alarm systems are stolen with less frequency and earn discounts up to 10% off your insurance coverage quote.
• Seat Belt Discounts – Drivers who require all occupants to buckle up before driving can save up to 15% on the medical payments or PIP coverage costs.
• Own a Home – Owning a home can earn you a little savings due to the fact that maintaining a home demonstrates responsibility.
• Accident Forgiveness – Not a discount per se, but some insurance companies will allow you to have one accident before raising your premiums with the catch being you have to be claim-free before the accident.
• More Vehicles More Savings – Purchasing coverage when you have multiple cars on the same insurance policy can get a discount on all vehicles.

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.

• Progressive includes discounts for multi-vehicle, online quote discount, online signing, homeowner, continuous coverage, good student, and multi-policy.
• SAFECO offers discounts including homeowner, safe driver, bundle discounts, teen safety rewards, multi-car, anti-lock brakes, and accident prevention training.
• American Family may offer discounts for air bags, good driver, multi-vehicle, early bird, and defensive driver.
• MetLife offers premium reductions for good driver, good student, accident-free, multi-policy, defensive driver, and claim-free.
• Geico has savings for good student, federal employee, daytime running lights, multi-policy, seat belt use, and multi-vehicle.
• The Hartford policyholders can earn discounts including defensive driver, bundle, air bag, good student, anti-theft, vehicle fuel type, and driver training.

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.

Tailor your auto insurance coverage to you

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.

• Is my business laptop covered if it gets stolen from my vehicle?
• Should I buy additional glass protection?
• Should I buy more coverage than the required minimum liability coverage?
• How can I get my company to pay me more for my totalled car?
• Should I waive the damage coverage when renting a car?
• Does medical payments coverage apply to all occupants?
• Where can I find high-risk insurance?
• Is business equipment covered while in my vehicle?
• What is covered by UM/UIM coverage?
• How much underlying liability do I need for an umbrella policy?

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.

Educate yourself about auto insurance coverages

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.

Insurance for medical payments

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

Uninsured Motorist or Underinsured Motorist insurance

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.

Liability car insurance

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.

Auto collision coverage

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.

Comprehensive coverage (or Other than Collision)

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.

Be a Smart Shopper

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:

• Where can I buy Insurance? (Insurance Information Insitute)
• Understanding Limits and Deductibles (Allstate)
• What to do at the Scene of an Accident (Insurance Information Insitute)
• Safe Vehicles for Teens (iihs.org)
• Learn About Car Insurance (Geico)