2003 Audi A8 Insurance Quotes

Shoppers have lots of choices when shopping for the lowest priced Audi A8 insurance. They can either spend hours driving around getting price quotes or save time using the internet to compare rates.

There are both good and bad ways to find insurance coverage online and we’ll show you the absolute fastest way to compare rates on a Audi and locate the lowest price either online or from local insurance agents.

The purpose of this article is to let you in on how to get online quotes and some money-saving tips. If you have car insurance now, you will be able to reduce your rates substantially using these techniques. Drivers just need to learn the best way to shop for insurance coverage over the internet.

Audi A8 rates are in the details

Consumers need to have an understanding of the different types of things that play a part in calculating the price you pay for car insurance. Knowing what impacts premium levels enables informed choices that will entitle you to better car insurance rates.

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

  • Multiple policies with one company can save – Most car insurance companies provide better rates to customers who consolidate policies with them in the form of a multi-policy discount. If you currently are using one company, you still need to compare other company rates to ensure the best deal. You may still be able to find better rates by buying car insurance from a different company.
  • Extra add-on coverages are wasting money – There are a ton of extra bells and whistles you can purchase on your car insurance policy. Things like roadside assistance, better glass coverage and motor club memberships are examples of these. They may seem like a good idea when you first buy your policy, but if you don’t need them remove them from your policy.
  • Lower rates with optional equipment – Purchasing a vehicle with a theft deterrent system can help lower your rates. Theft prevention features like tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all aid in stopping your car from being stolen.
  • Bump up deductibles to save – Coverage for physical damage, otherwise known as comp (or other than collision) and collision, protects your Audi from damage. Some instances where coverage would apply could be running into the backend of another car, vandalism, and rolling your vehicle. Deductibles for physical damage are the amount of money you are willing to pay out-of-pocket if you file a covered claim. The more money you are required to pay out-of-pocket, the less your car insurance will be on A8 coverage.
  • Are you male or female? – The statistics show women are more cautious behind the wheel. However, this does not mean women are BETTER drivers than men. Women and men tend to get into accidents at about the same rate, but men have costlier accidents. Men also get cited for more serious violations like reckless driving and DUI. Young males are several times more likely to be in an accident and are penalized with high car insurance rates.
  • Occupation reflects on rates – Did you know your job can affect your rates? Occupations such as real estate brokers, business owners and stock brokers tend to have the highest rates due to high stress levels and long work hours. On the other hand, occupations such as farmers, students and homemakers receive lower rates on A8 coverage.
  • Higher safety ratings means cheaper insurance – Cars with high safety ratings get lower rates. Safe vehicles reduce injuries and lower injury rates means less money paid by your insurance company and more competitive rates for policyholders. If your Audi A8 is rated at least an “acceptable” rating on the Insurance Institute for Highway Safety website you are probably receiving a discount.
  • How your age affects price – Young drivers have a tendency to get distracted easily when driving so car insurance rates are higher. Parents adding a teenage driver to your car insurance policy can be very expensive. More mature drivers are more responsible, statistically cause fewer accidents and tend to be better behind the wheel.

Don’t miss out on these money-saving discounts

The cost of insuring your cars can be expensive, but discounts can save money and there are some available that you may not even be aware of. Certain discounts will be applied at the time of quoting, but some must be manually applied before being credited. If they aren’t giving you every credit available, you are throwing money away.

  • Save over 55 – If you qualify as a senior citizen, you may be able to get a discount up to 10% on A8 coverage.
  • Multi-car Discount – Buying insurance for more than one vehicle with the same company could earn a price break for each car.
  • Anti-theft System – Cars that have factory anti-theft systems prevent vehicle theft and will save you 10% or more.
  • Life Insurance – Larger companies have a break if you buy a life insurance policy as well.
  • Good Student Discount – This discount can be rewarded with saving of up to 25%. The good student discount can last until age 25.

Consumers should know that many deductions do not apply to the entire cost. Most only reduce the price of certain insurance coverages like liability, collision or medical payments. So when the math indicates having all the discounts means you get insurance for free, it doesn’t quite work that way. But all discounts will cut the amount you have to pay.

For a list of insurance companies who offer auto insurance discounts, follow this link.

Do I need special coverages?

When buying the best car insurance coverage for your personal vehicles, there really is not a best way to insure your cars. Your needs are not the same as everyone else’s.

For example, these questions can aid in determining if your situation would benefit from an agent’s advice.

  • Can my teen drive my company car?
  • When do I need to add a new car to my policy?
  • Do I need replacement cost coverage?
  • What is the difference between comprehensive and collision coverage?
  • Will my rates increase for filing one claim?
  • Does medical payments coverage apply to all occupants?
  • Is my 2003 Audi A8 covered for flood damage?
  • Does my liability insurance cover pulling a trailer or camper?

If you’re not sure about those questions but a few of them apply then you might want to talk to an agent. If you don’t have a local agent, take a second and complete this form. It is quick, free and may give you better protection.

Car insurance coverage breakdown

Knowing the specifics of car insurance aids in choosing the best coverages for your vehicles. The coverage terms in a policy can be impossible to understand and reading a policy is terribly boring.

Coverage for medical expenses

Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses for things like funeral costs, dental work and EMT expenses. They are often used to fill the gap from your health insurance plan or if there is no health insurance coverage. Medical payments and PIP cover you and your occupants as well as being hit by a car walking across the street. PIP is not an option in every state and gives slightly broader coverage than med pay

Coverage for uninsured or underinsured drivers

This coverage protects you and your vehicle’s occupants from other motorists when they do not carry enough liability coverage. This coverage pays for injuries sustained by your vehicle’s occupants as well as damage to your 2003 Audi A8.

Since a lot of drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages should not be overlooked. Normally the UM/UIM limits are set the same as your liablity limits.

Comprehensive car insurance

This coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive coverage protects against things such as damage from a tornado or hurricane, hitting a deer, damage from flooding, theft and a tree branch falling on your vehicle. The maximum payout you can receive from a comprehensive claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Liability insurance

Liability insurance provides protection from damage that occurs to other people or property. This coverage protects you from legal claims by others, and doesn’t cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see limits of 100/300/100 which stand for $100,000 in coverage for each person’s injuries, a limit of $300,000 in injury protection per accident, and property damage coverage for $100,000. Occasionally you may see a combined single limit or CSL which provides one coverage limit without having the split limit caps.

Liability insurance covers things like structural damage, emergency aid and bail bonds. How much liability should you purchase? That is a personal decision, but consider buying as high a limit as you can afford.

Collision protection

This coverage will pay to fix damage to your A8 resulting from colliding with another vehicle or an object, but not an animal. You first must pay a deductible then your collision coverage will kick in.

Collision insurance covers claims such as sustaining damage from a pot hole, sideswiping another vehicle, colliding with another moving vehicle and hitting a mailbox. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from lower value vehicles. You can also choose a higher deductible in order to get cheaper collision rates.

A fool and his money are soon parted

You just read many ideas to reduce 2003 Audi A8 insurance prices online. It’s most important to understand that the more rate comparisons you have, the more likely it is that you will get a better rate. You may even discover the lowest rates come from a small local company.

Cheaper insurance is attainable online in addition to many insurance agents, so compare prices from both in order to have the best chance of saving money. A few companies do not provide you the ability to get quotes online and most of the time these regional insurance providers sell through independent agents.

People who switch companies do it for a variety of reasons including policy cancellation, poor customer service, policy non-renewal and even high prices. Whatever your reason, switching companies is actually quite simple.

Other learning opportunities