2017 Audi R8 Insurance Quotes – 6 Discounts for Cheaper Rates

Are you confused by the number of auto insurance sources that you can choose from? You’re not alone. Drivers have so many options that it can be a difficult situation to compare premium rates.

Consumers should take time to price shop coverage yearly because insurance prices are rarely the same from one policy term to another. Just because you found the lowest price for R8 coverage on your last policy the chances are good that you can find a lower rate quote today. Ignore everything you know about auto insurance because you’re going to learn the easiest way to find lower rates on auto insurance.

How to find cheap car insurance

The are a couple different ways of comparing rate quotes from different insurance companies. The best method to do a complete rate comparison is simply to get online rate quotes. This can be accomplished by using one of the methods below.

  1. The best way consumers can analyze rates is a comparison rater form click here to open form in new window. This form eliminates the need for multiple quote forms for each price estimate. Filling out one form gets you coverage quotes from several companies. It’s the fastest way to compare.
  2. A more difficult way to analyze rates consists of going to the website for each individual company and request a quote. For example, let’s assume you want to compare prices for Geico, Farmers and Allstate. You would have to visit each site and repeatedly enter your information, which explains why we recommend starting with the first method. For a list of companies in your area, click here.
  3. The old school method to find lower rates is driving around to each insurance agency near you. The fact that you can get quotes online can eliminate the need for a local agent unless you’re the type of person who wants the personal advice of an agent trained in personal lines coverage. Some companies do allow you to get the lowest quotes online but buy the policy through an agent.

Compare rates however you want, just ensure you’re using equivalent information for each quote you get. If you use higher or lower deductibles it’s not possible to decipher which rate is best. Just slight variations in insurance coverages could throw off the whole comparison. And when price shopping your coverage, comparing more rates from different companies gives you a better chance of getting better pricing.

These six discounts can reduce insurance coverage rates

Companies offering auto insurance do not advertise all possible discounts very well, so the list below contains a few of the more common and the more hidden insurance coverage savings.

  • Theft Deterent – Cars optioned with advanced anti-theft systems are stolen less frequently and will save you 10% or more.
  • Discount for Multiple Policies – If you can bundle your auto and homeowners insurance with one insurance company you may save over 10 percent off each policy depending on the company.
  • Safety Restraint Discount – Forcing all vehicle occupants to fasten their seat belts can save up to 10 percent (depending on the company) off the medical payments premium.
  • Defensive Driver – Passing a course in driver safety can save you 5% or more if you qualify.
  • Senior Citizen Discount – Older drivers may qualify for a slight reduction on a insurance quote for R8 coverage.
  • Switch and Save Discount – A few insurance coverage companies offer discounts for buying a policy prior to your current policy expiring. It can save you around 10%.

One thing to note about discounts is that most of the big mark downs will not be given to your bottom line cost. Most only cut the cost of specific coverages such as physical damage coverage or medical payments. So even though they make it sound like all those discounts means the company will pay you, insurance coverage companies aren’t that generous.

The best insurance coverage companies and the discounts they provide can be found below.

  • Geico may have discounts that include anti-lock brakes, defensive driver, daytime running lights, multi-vehicle, federal employee, emergency military deployment, and good student.
  • MetLife has savings for good driver, accident-free, claim-free, multi-policy, and defensive driver.
  • State Farm policyholders can earn discounts including Steer Clear safe driver discount, safe vehicle, good student, passive restraint, anti-theft, student away at school, and driver’s education.
  • Progressive may include discounts for homeowner, online quote discount, online signing, good student, multi-policy, and continuous coverage.
  • Mercury Insurance offers discounts including professional/association, multi-policy, accident-free, anti-theft, location of vehicle, good student, and annual mileage.
  • 21st Century discounts include good student, anti-lock brakes, 55 and older, homeowners, and automatic seat belts.
  • Allstate offers discounts for safe driver, good payer, anti-lock brakes, anti-theft, auto/life discount, early signing, and teenSMART discount.

If you need affordable insurance quotes, ask each insurance company to give you their best rates. Discounts may not be available in your area. If you would like to view providers that offer the discounts shown above, click this link.

When do I need an agent’s advice?

When it comes to buying adequate coverage for your personal vehicles, there really is no best way to insure your cars. Every insured’s situation is different.

For example, these questions can help discover if you might need professional guidance.

  • Is my Audi R8 covered if I use it for business?
  • Do I get a pro-rated refund if I cancel my policy early?
  • Does my insurance cover damage caused when ticketed for reckless driving?
  • How can I force my company to pay a claim?
  • Is a fancy paint job covered?
  • Is my babysitter covered when using my vehicle?
  • Do I benefit by insuring my home with the same company?
  • How much liability insurance is required?
  • Is business property covered if stolen from my car?

If you’re not sure about those questions but one or more may apply to you, you may need to chat with a licensed insurance agent. To find an agent in your area, fill out this quick form.

Specific coverages for a 2017 Audi R8

Learning about specific coverages of a insurance policy can help you determine which coverages you need at the best deductibles and correct limits. Insurance terms can be ambiguous and coverage can change by endorsement.

Comprehensive (Other than Collision) – This covers damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims like fire damage, a tree branch falling on your vehicle, damage from flooding and hitting a bird. The maximum payout you’ll receive from a claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Auto liability – This provides protection from damage that occurs to other people or property. It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see values of 25/50/25 that translate to $25,000 in coverage for each person’s injuries, $50,000 for the entire accident, and a total limit of $25,000 for damage to vehicles and property. Another option is a combined single limit or CSL that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability insurance covers claims like attorney fees, pain and suffering, funeral expenses and medical expenses. How much liability should you purchase? That is a decision to put some thought into, but you should buy as large an amount as possible.

Protection from uninsured/underinsured drivers – Uninsured or Underinsured Motorist coverage protects you and your vehicle from other motorists when they are uninsured or don’t have enough coverage. It can pay for hospital bills for your injuries as well as damage to your Audi R8.

Due to the fact that many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is a good idea. Most of the time your uninsured/underinsured motorist coverages are set the same as your liablity limits.

Collision coverages – Collision coverage will pay to fix damage to your R8 resulting from a collision with a stationary object or other vehicle. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims like sideswiping another vehicle, colliding with another moving vehicle and backing into a parked car. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Another option is to choose a higher deductible to bring the cost down.

Medical expense insurance – Personal Injury Protection (PIP) and medical payments coverage pay for bills for things like hospital visits, doctor visits and nursing services. The coverages can be used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. They cover all vehicle occupants in addition to being hit by a car walking across the street. Personal injury protection coverage is not available in all states but it provides additional coverages not offered by medical payments coverage