2003 Audi A8 Car Insurance Cost – 8 Policy Discounts

Finding cheaper insurance for an Audi A8 can be difficult, but you can learn the following methods to find lower rates. There are more efficient ways to buy insurance coverage and we’ll show you the quickest way to quote coverages on a Audi and get the lowest possible price from both online companies and local agents.

Insurance Coverage Quote Comparison

Finding cheaper 2003 Audi A8 insurance coverage prices can be relatively painless. You just need to spend a little time comparing rate quotes from different insurance companies. This is very easy and can be done using a couple different methods.

  1. The most efficient way to find the lowest comparison rates is an all-inclusive rate comparison click here to open form in new window. This method keeps you from doing multiple quote forms for each company you want a rate for. A single, simple form will get you price quotes direct from many companies. It’s the fastest way to compare.
  2. A harder way to get quotes online requires a visit to the website of each company to request a price quote. For examples sake, we’ll assume you want comparison quotes from Auto-Owners, Progressive and Liberty Mutual. To get rate quotes you would need to visit each site and enter your information, which is why most consumers use the first method.

    To view a list of companies in your area, click here.

  3. The most time-consuming method to get comparison rates is to waste gas driving to insurance agents’ offices. The internet eliminates the need for an insurance agent unless you want the professional guidance only provided by licensed agents. It is possible to price shop your coverage online and still use a local agent and we’ll talk about that later.

It’s up to you which method you use, but make absolute certain that you use apples-to-apples coverage limits with each company. If you enter differing limits you will not be able to determine the best price for your Audi A8.

Discounts to lower Audi A8 insurance rates

Car insurance companies don’t always list all available discounts very well, so the following is a list of both well-publicized and the harder-to-find savings tricks you should be using. If you don’t get every credit you deserve, you’re just leaving money on the table.

  • Lower Rates for Military – Having a deployed family member may qualify for rate reductions.
  • Own a Home – Simply owning a home can save you money because of the fact that having a home shows financial diligence.
  • Low Mileage Discounts – Low mileage vehicles can qualify you for better rates on cars that stay parked.
  • Discount for Life Insurance – Companies who offer life insurance give a discount if you purchase auto and life insurance together.
  • Employee of Federal Government – Simply working for the federal government may qualify you for a discount for A8 coverage with select insurance companies.
  • Multiple Policy Discount – When you have multiple policies with one insurance company you may earn approximately 10% to 15%.
  • Save with a New Car – Putting insurance coverage on a new car can cost up to 25% less since new cars are generally safer.
  • More Vehicles More Savings – Buying insurance for multiple cars or trucks on one policy can get a discount on all vehicles.

As a disclaimer on discounts, most of the big mark downs will not be given the the whole policy. The majority will only reduce the cost of specific coverages such as collision or personal injury protection. Just because it seems like having all the discounts means you get insurance for free, you’re out of luck.

A partial list of companies that possibly offer these discounts include:

It’s a good idea to ask each company how you can save money. Some discounts may not be available in your area.

Tailor your coverage to you

When it comes to choosing the right insurance coverage for your vehicles, there isn’t really a perfect coverage plan. Every insured’s situation is different.

These are some specific questions could help you determine whether your personal situation would benefit from professional advice.

  • Should I drop comprehensive coverage on older vehicles?
  • When should I buy a commercial auto policy?
  • Which companies will insure high-risk drivers?
  • Does coverage extend to my business vehicle?
  • Can I afford to buy a different vehicle if my 2003 Audi A8 is totaled?
  • Does my policy cover my teen driver if they drive my company car?

If you can’t answer these questions but one or more may apply to you, you might consider talking to a licensed insurance agent. To find lower rates from a local agent, take a second and complete this form. It’s fast, free and can help protect your family.

Coverages available on your insurance policy

Knowing the specifics of your policy helps when choosing appropriate coverage for your vehicles. Insurance terms can be impossible to understand and even agents have difficulty translating policy wording.

Uninsured/Underinsured Motorist (UM/UIM) – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when the “other guys” are uninsured or don’t have enough coverage. Covered losses include medical payments for you and your occupants and damage to your Audi A8.

Due to the fact that many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is very important.

Med pay and Personal Injury Protection (PIP) – Coverage for medical payments and/or PIP provide coverage for immediate expenses for chiropractic care, doctor visits, prosthetic devices and rehabilitation expenses. They are used to fill the gap from your health insurance policy or if you lack health insurance entirely. Coverage applies to all vehicle occupants as well as getting struck while a pedestrian. PIP is not universally available but it provides additional coverages not offered by medical payments coverage

Comprehensive insurance – This coverage will pay to fix damage that is not covered by collision coverage. A deductible will apply then your comprehensive coverage will pay.

Comprehensive can pay for claims such as damage from getting keyed, damage from a tornado or hurricane and hitting a deer. The highest amount a insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Liability – This coverage protects you from damage or injury you incur to other people or property by causing an accident. Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have values of 50/100/50 that translate to a $50,000 limit per person for injuries, $100,000 for the entire accident, and $50,000 of coverage for damaged propery.

Liability coverage protects against claims like bail bonds, repair bills for other people’s vehicles, structural damage and medical expenses. The amount of liability coverage you purchase is a personal decision, but it’s cheap coverage so purchase higher limits if possible.

Collision – Collision insurance covers damage to your A8 caused by collision with an object or car. You first must pay a deductible and then insurance will cover the remainder.

Collision can pay for claims like crashing into a building, hitting a mailbox and colliding with a tree. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from lower value vehicles. It’s also possible to choose a higher deductible in order to get cheaper collision rates.