2002 Audi A8 Insurance Quotes

Trying to find lower car insurance rates for your Audi A8? Confused by the crazy number of car insurance companies? Many other drivers are as well. Drivers have so many options available that it can turn into a big hassle to locate the lowest price.

It’s a good idea to compare prices quite often since insurance rates change frequently. Even if you got the best deal for A8 coverage six months ago you may be paying too much now. You’ll find quite a bit of inaccurate information about car insurance on the internet, so we’re going to give you some great ideas on how to find cheap car insurance.

If you currently have a car insurance policy, you stand a good chance to be able to reduce your rates substantially using these methods. The purpose of this post is to tell you how to effectively get price quotes and some tips to save money. Although vehicle owners can benefit from knowing the methods companies use to determine prices and apply this information to your search.

Finding Auto Insurance

There are a lot of ways to compare auto insurance quotes, but one way is easier and takes less work. You could spend the better part of a day talking about coverages with agents in your area, or you can utilize online quoting to get rate comparisons in just a few minutes.

Most of the larger companies enroll in a system that enables customers to submit their information once, and every company returns a rated price. This prevents consumers from doing quote requests to each individual auto insurance company. To access this free quoting program, click here to open in new window.

One minor caviat to comparing rates this way is that you can’t choose which carriers you want to price. If you wish to select specific insurance companies to compare, we have assembled a list of companies who write auto insurance in your area. Click here to view list.

Which method you use is up to you, but make absolute certain that you use apples-to-apples coverages and limits on every quote. If the quotes have mixed coverages it will be very difficult to determine which rate is truly the best. Slightly different coverage limits may cause a big price difference. Just keep in mind that quoting more will improve the odds of getting lower pricing.

Can you really save that much by switching?

Companies like Allstate and Progressive consistently run television and radio advertisements. All the ads say the same thing that you’ll save big if you change to their company. How can each company make almost identical claims? It’s all in the numbers.

Insurance companies have a preferred profile for the driver that earns them a profit. An example of a preferred risk could possibly be between the ages of 30 and 50, is a homeowner, and has a short commute. Any driver that hits that “sweet spot” will get very good rates and therefore will save when they switch companies.

Potential customers who fall outside this ideal profile will be charged higher prices and this can result in the driver buying from a lower-cost company. The ads state “people who switch” not “everybody who quotes” save that much. This is how insurance companies can claim big savings. That is why you need to quote coverage with many companies. Because you never know which insurance companies will fit your personal profile best.

Factors determining your Audi A8 insurance premium

It’s important that you understand the factors that play a part in calculating the price you pay for insurance. When you know what positively or negatively influences your rates enables informed choices that can help you get big savings.

Shown below are a few of the “ingredients” insurance companies consider when setting your rates.

  • Mature drivers pay less – Youthful drivers are known to be more careless when behind the wheel so insurance rates are higher. Older insureds are viewed as being more responsible, statistically cause fewer accidents and are safer drivers.
  • Do you need those extra coverages? – There are a lot of extra bells and whistles that you can get tricked into buying on your A8 policy. Coverages like rental car reimbursement, accidental death and motor club memberships are examples of these. These coverages may sound good when you first buy your policy, but if you don’t need them get rid of them and save.
  • Liability coverage is peace of mind – Liability coverage will protect you when you are found liable for damages from an accident. It will provide legal defense coverage which can cost thousands of dollars. Liability insurance is quite affordable when compared with rates for comp and collision, so drivers should carry high limits.
  • Never let your coverage lapse – Driving with no insurance is illegal and as a result your rates will increase for letting your coverage have a gap. And not only will insurance be more expensive, failure to provide proof of insurance will get you a hefty fine and possibly a revoked license.
  • Your job and insurance rates – Careers like lawyers, executives and stock brokers tend to have the highest rates attributed to stressful work requirements and long work hours. On the other hand, professions such as actors, students and the unemployed receive lower rates for A8 coverage.

Discounts mean cheaper Audi A8 insurance rates

Companies that sell car insurance do not list all their discounts in a way that’s easy to find, so here is a list some of the more common and also the lesser-known ways to save on auto insurance.

  • Seat Belts Save more than Lives – Buckling up and requiring all passengers to use a seat belt could cut 10% or more off the personal injury premium cost.
  • More Vehicles More Savings – Buying insurance for multiple cars or trucks on the same auto insurance policy could earn a price break for each car.
  • Driver’s Ed – Cut your cost by having your teen driver enroll in driver’s education in high school.
  • Anti-lock Brakes – Vehicles equipped with ABS or steering control can reduce accidents and qualify for as much as a 10% discount.
  • Good Student – This discount can earn a discount of 20% or more. This discount can apply up to age 25.

A little note about advertised discounts, some credits don’t apply to the entire cost. Some only reduce individual premiums such as liability, collision or medical payments. Just because you may think adding up those discounts means a free policy, you won’t be that lucky.

For a list of insurers offering auto insurance discounts, follow this link.

Tailor your coverage to you

When choosing adequate coverage for your vehicles, there really is not a “perfect” insurance plan. Every situation is different.

These are some specific questions can aid in determining if your situation would benefit from professional advice.

  • What is PIP insurance?
  • When should I buy a commercial auto policy?
  • Are there companies who specialize in insuring high-risk drivers?
  • Is my cargo covered for damage or theft?
  • Is my business laptop covered if it gets stolen from my vehicle?
  • If I drive on a suspended license am I covered?
  • Is other people’s property covered if stolen from my vehicle?
  • Am I insured when driving a different vehicle?
  • When can my company non-renew my policy?

If you’re not sure about those questions but you think they might apply to your situation, you may need to chat with a licensed agent. If you don’t have a local agent, simply complete this short form.

Car insurance coverages for an Audi A8

Having a good grasp of your insurance policy aids in choosing appropriate coverage at the best deductibles and correct limits. Policy terminology can be confusing and even agents have difficulty translating policy wording.

Insurance for medical payments – Med pay and PIP coverage reimburse you for bills for pain medications, surgery, rehabilitation expenses, X-ray expenses and dental work. The coverages can be used to fill the gap from your health insurance policy or if there is no health insurance coverage. Coverage applies to you and your occupants and will also cover if you are hit as a while walking down the street. Personal injury protection coverage is only offered in select states but can be used in place of medical payments coverage

Auto liability – Liability coverage will cover damages or injuries you inflict on people or other property. It protects you from claims by other people. It does not cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have policy limits of 50/100/50 that translate to $50,000 bodily injury coverage, a total of $100,000 of bodily injury coverage per accident, and a limit of $50,000 paid for damaged property.

Liability coverage protects against things such as pain and suffering, funeral expenses, repair bills for other people’s vehicles and bail bonds. The amount of liability coverage you purchase is up to you, but it’s cheap coverage so purchase as much as you can afford.

Comprehensive coverage (or Other than Collision) – Comprehensive insurance pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things like a tree branch falling on your vehicle, hail damage, a broken windshield and vandalism. The highest amount you can receive from a comprehensive claim is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Uninsured Motorist or Underinsured Motorist insurance – Uninsured or Underinsured Motorist coverage gives you protection when the “other guys” either are underinsured or have no liability coverage at all. It can pay for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Due to the fact that many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is a good idea.

Collision coverage – Collision insurance covers damage to your A8 from colliding with an object or car. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims like crashing into a building, rolling your car, colliding with a tree, sideswiping another vehicle and backing into a parked car. Paying for collision coverage can be pricey, so you might think about dropping it from lower value vehicles. You can also raise the deductible to get cheaper collision coverage.

Online plus local equals savings

You just learned many ideas to get a better price on 2002 Audi A8 insurance. The key thing to remember is the more rate comparisons you have, the better chance you’ll have of finding lower rates. You may be surprised to find that the most savings is with an unexpected company.

Drivers switch companies for any number of reasons including high rates after DUI convictions, delays in paying claims, lack of trust in their agent and even questionable increases in premium. It doesn’t matter why you want to switch finding a new insurance coverage company can be less work than you think.

The cheapest insurance can be sourced on the web and also from your neighborhood agents, and you should compare price quotes from both to have the best selection. There are still a few companies who may not provide online price quotes and many times these regional insurance providers only sell through independent insurance agents.

Even more information is located by following these links: