Compare 2014 Audi R8 Car Insurance Quotes

Searching for lower car insurance rates for your Audi R8? Have you fallen victim to high-priced car insurance? Trust us when we tell you many consumers feel financially strained by their car insurance policy. Insurance companies such as State Farm and Geico continually hit you with ad campaigns and consumers find it hard to separate fact from fiction and effectively compare rates to find the best deal.

If you are insured now or need a new policy, you will benefit by learning to cut your premiums and still get good coverage. Choosing the best insurance company for you is not that difficult. Drivers only need to know the best way to compare prices online.

The quickest way to compare insurance rates in your area is to realize most of the bigger providers pay for the opportunity to give rate comparisons. All consumers are required to do is give them rating details like level of coverage desired, how your vehicles are used, how old drivers are, and how much you drive. The rating information is automatically sent to many highly-rated insurers and they return rate quotes immediately.

Discounts are great for lower rates

Companies that sell car insurance don’t always advertise every available discount in a way that’s easy to find, so we researched both well-publicized and the more hidden discounts you could be receiving. If you aren’t receiving every discount you qualify for, you’re just leaving money on the table.

  • Defensive Driving Course – Taking a course teaching defensive driving skills can save you 5% or more and easily recoup the cost of the course.
  • Use Seat Belts – Using a seat belt and requiring all passengers to use their safety belts could cut 10% or more off your PIP or medical payments premium.
  • Passive Restraints and Air Bags – Vehicles equipped with air bags can get savings of up to 25% or more.
  • 55 and Retired – Mature drivers may receive a discount up to 10% for R8 coverage.
  • Safe Driver Discount – Safe drivers may receive a discount up to 45% less for R8 coverage than their less cautious counterparts.
  • Pay Now and Pay Less – If you pay your bill all at once rather than paying monthly you may reduce your total bill.

It’s important to note that most credits do not apply to all coverage premiums. The majority will only reduce individual premiums such as comp or med pay. So even though they make it sound like having all the discounts means you get insurance for free, companies wouldn’t make money that way.

For a list of providers with discount insurance coverage rates, click this link.

You may need specialized coverage

When it comes to choosing adequate coverage, there is no “perfect” insurance plan. Everyone’s situation is a little different so your insurance should reflect that Here are some questions about coverages that may help highlight if your insurance needs might need professional guidance.

  • Am I covered when driving in Canada or Mexico?
  • Am I covered when pulling a rental trailer?
  • I have health insurance so do I need medical payments coverage?
  • Am I covered if I wreck a rental car?
  • Does my insurance cover my expensive audio equipment?
  • Is my teenager covered with friends in the car?
  • Am I covered if I break a side mirror?
  • I have a DUI can I still get coverage?
  • When should I remove comp and collision on my 2014 Audi R8?

If you don’t know the answers to these questions but you think they might apply to your situation, you may need to chat with an agent. To find an agent in your area, fill out this quick form or click here for a list of auto insurance companies in your area. It is quick, free and can help protect your family.

Why your Audi R8 might be costing you more

An important part of buying insurance is that you know the different types of things that help determine auto insurance rates. Having a good understanding of what influences your rates helps enable you to make changes that can help you get lower auto insurance prices.

The following are a partial list of the pieces that factor into your rates.

  • Do you have a high stress job? – Jobs such as judges, architects and accountants have higher rates than average in part from stressful work requirements and long work days. On the flip side, jobs such as pilots, athletes and the unemployed get better rates for R8 coverage.
  • Never go without insurance – Letting your insurance expire will be a fast way to bump up your auto insurance costs. Not only will you pay more, but not being able to provide proof of insurance might get you a revoked license or a big fine.You may need to submit proof of financial responsibility or a SR-22 with your state motor vehicle department.
  • Older drivers save more – Older insureds are more cautious drivers, file fewer claims and receive fewer citations. Teenage drivers have a tendency to be less responsible when behind the wheel therefore auto insurance rates are much higher.
  • Women pay lower rates – Statistics show that men are more aggressive behind the wheel. However, don’t assume that women are better drivers. Men and women cause accidents in similar numbers, but the male of the species cause more damage and cost insurance companies more money. Men also tend to have more aggressive citations such as DWI and reckless driving.
  • Too many auto insurance claims drive up costs – If you are a frequent claim filer, you can expect either higher rates or even cancellation. Car insurance companies generally give better rates to drivers who do not rely on their insurance for small claims. Car insurance is meant to be used in the event of the bigger claims that can’t be paid out-of-pocket.
  • Lower rates with optional equipment – Owning a car that has an advanced theft prevention system can help lower your rates. Anti-theft devices like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems can help prevent auto theft.

Switch companies and save? Really?

Consumers can’t get away from ads for cheaper car insurance by companies like Progressive, Geico, Allstate and State Farm. They all say the same thing about savings if you move to them.

How do they all make the same claim? This is how they do it.

All the different companies can use profiling for the driver they prefer to insure. For example, a profitable customer might be between the ages of 30 and 50, is a homeowner, and drives less than 10,000 miles a year. A customer that hits that “sweet spot” is entitled to the best price and most likely will pay quite a bit less when switching companies.

Potential insureds who don’t measure up to the requirements will be charged more money and ends up with business not being written. Company advertisements say “people who switch” not “everyone that quotes” save that kind of money. That’s why insurance companies can make the claims of big savings. That is why it’s extremely important to quote coverage with many companies. It’s impossible to know the company that will fit your personal profile best.

Insurance coverages and their meanings

Learning about specific coverages of insurance helps when choosing appropriate coverage and proper limits and deductibles. Insurance terms can be confusing and reading a policy is terribly boring. Listed below are the usual coverages offered by insurance companies.

Liability

Liability insurance protects you from injuries or damage you cause to a person or their property. It protects YOU against claims from other people, and doesn’t cover damage to your own property or vehicle.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. As an example, you may have limits of 25/50/25 which stand for $25,000 in coverage for each person’s injuries, $50,000 for the entire accident, and property damage coverage for $25,000.

Liability coverage protects against claims such as emergency aid, attorney fees, structural damage and court costs. How much liability coverage do you need? That is a decision to put some thought into, but it’s cheap coverage so purchase as high a limit as you can afford.

Comprehensive insurance

This will pay to fix damage that is not covered by collision coverage. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive insurance covers claims like hitting a deer, vandalism and rock chips in glass. The most your insurance company will pay is the market value of your vehicle, so if the vehicle’s value is low consider dropping full coverage.

Coverage for uninsured or underinsured drivers

Uninsured or Underinsured Motorist coverage gives you protection from other drivers when they are uninsured or don’t have enough coverage. Covered losses include hospital bills for your injuries and damage to your Audi R8.

Since many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is a good idea.

Collision protection

Collision insurance covers damage to your R8 resulting from colliding with an object or car. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for things like sustaining damage from a pot hole, crashing into a ditch, colliding with a tree and sideswiping another vehicle. Collision is rather expensive coverage, so you might think about dropping it from lower value vehicles. Another option is to bump up the deductible to get cheaper collision coverage.

Coverage for medical expenses

Personal Injury Protection (PIP) and medical payments coverage reimburse you for short-term medical expenses for things like doctor visits, hospital visits and X-ray expenses. The coverages can be used in conjunction with a health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants and also covers being hit by a car walking across the street. Personal injury protection coverage is not available in all states but can be used in place of medical payments coverage

Be a penny pincher

Cheaper 2014 Audi R8 insurance is definitely available on the web in addition to many insurance agents, and you need to comparison shop both in order to have the best chance of saving money. Some insurance providers do not provide online quoting and these small, regional companies work with independent agents.

As you restructure your insurance plan, make sure you don’t buy less coverage just to save a little money. There are many occasions where consumers will sacrifice full coverage only to regret that their decision to reduce coverage ended up costing them more. The aim is to buy enough coverage at an affordable rate.

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