Cheap 2018 Audi S8 Car Insurance Cost

Looking for cheaper auto insurance rates for your Audi S8? Finding cheaper insurance for an Audi S8 can turn out to be a painful process, but you can learn a few tricks and make it easy. There are both good and bad ways to buy auto insurance and we’ll show you the proper way to quote coverages for a new or used Audi and obtain the best price possible either online or from local insurance agents.

It is always a good idea to compare premium rates every six months because rates change frequently. Just because you had the lowest premium rates for S8 coverage on your last policy the chances are good that you can find a lower price today. Forget all the misinformation about auto insurance because you’re about to learn the things you must know in order to find the best coverage while lowering your premiums.

What impacts Audi S8 insurance prices?

Lots of things are used in the calculation when quoting car insurance. Most are fairly basic like a motor vehicle report, although others are more obscure like your continuous coverage or how financially stable you are.When buying insurance it’s important to understand the different types of things that aid in calculating your policy premiums. If you know what determines premiums, this allows you to make educated decisions that may reward you with lower rates.

The following are some of the factors used by your company to calculate premiums.

  • Where you call home is a factor – Having an address in areas with lower population may provide you with better prices when shopping for auto insurance. Less people corresponds to lower accident rates as well as less vandalism and auto theft. Residents of big cities have much more traffic and more time behind the wheel. The longer drive time can result in more accidents.
  • Bump up physical damage deductibles to lower rates – Physical damage protection, also called ‘full coverage’, covers your vehicle from damage. Some examples of covered claims could be a broken windshield, hitting a deer, and windstorm damage. Deductibles for physical damage define the amount you are willing to pay before a claim is paid by your company. The more money the insured has to pay upfront, the bigger discount you will receive for S8 coverage.
  • Gender impacts premiums – Statistics show women tend to be less risk to insure than men. However, this does not mean men are worse drivers. Women and men have at-fault accidents at about the same rate, but the male of the species cause more damage and cost insurance companies more money. Not only that, but men also get ticketed for serious violations like driving under the influence (DUI).
  • Discounts for married couples – Getting married can get you a discount on insurance. Having a significant other may mean you are more mature and it’s proven that married drivers tend to have fewer serious accidents.
  • Is your vehicle theft-ready? – Driving a car that has an advanced theft prevention system can earn a premium discount. Systems that thwart theives like OnStar, LoJack tracking, and tamper alarms help track and prevent vehicle theft.
  • Save money with responsible credit – Having a bad credit history can be an important factor in determining premium rates. So if your credit can be improved, you could potentially save money when insuring your 2018 Audi S8 if you improve your credit rating. Consumers who have good credit tend to be more responsible than drivers with lower ratings.

Compare insurance coverage rates

Performing a rate comparison can be a daunting task if you don’t understand the fastest way to get free quotes. You can waste a few hours (or days) talking to insurance companies in your area, or you could use online quotes to achieve your goal.

Many popular insurance companies participate in an industry program that enables customers to enter their policy data once, and at least one company can give them a price based on that information. This prevents consumers from doing form submissions to each individual insurance coverage company.

To fill out one form to compare multiple rates now click here to open in new window.

The single downside to using this type of system is that you can’t choose which carriers to get pricing from. If you would rather choose specific providers for rate comparison, we put together a list of low cost insurance coverage companies in your area. Click here to view list.

It’s up to you how you get prices quotes, just make sure you compare identical quote information on every quote you get. If you are comparing different coverage information it will be next to impossible to make a fair comparison for your Audi S8.

Brand name doesn’t guarantee savings

Consumers can’t get away from all the ads that promise big savings for switching by Allstate and Progressive. They all seem to make the same claim that you can save just by switching your auto insurance policy to them.

How is it plausible that every one can offer drivers better rates? It’s all in the wording.

Many companies require specific criteria for the type of customer that makes them money. For instance, a profitable customer could be married and over the age of 30, owns a home, and insures a new vehicle. Anyone who matches those parameters will qualify for the lowest rates and will also save quite a bit of money when switching.

Insureds who do not fit this ideal profile may be required to pay more expensive rates and ends up with the prospect going elsewhere. The wording the ads use say “drivers who switch” not “everyone that quotes” save that much. That is how companies can truthfully lure you into getting a quote. Because each company has a different risk profile, you need to get as many free car insurance quotes as possible. You cannot predict which company will give you the biggest savings.

Use discounts to get cheaper insurance coverage quotes

Car insurance is not cheap, but discounts can save money and there are some available to cut the cost considerably. Certain credits will be shown when you purchase, but once in a while a discount must be specifically requested before they will apply.

  • 55 and Retired – If you qualify as a senior citizen, you are able to get lower premium rates for S8 coverage.
  • One Accident Forgiven – Not necessarily a discount, but some companies like Progressive, Allstate, and GEICO allow you one accident without getting socked with a rate hike if you have no claims before the accident.
  • Include Life Insurance and Save – Select insurance carriers reward you with better premium rates if you take out a life policy as well.
  • Homeowners Discount – Being a homeowner can get you a discount since owning and maintaining a home is proof of financial responsibility.
  • Driver Training Discounts – Taking part in a course in safe driver could cut 5% off your bill if your company offers it.
  • Discounts for New Vehicles – Adding a new car to your policy can save you some money because newer models have to meet stringent safety requirements.
  • Military Discounts – Being on active deployment in the military may lower your premium rates slightly.
  • Multi-Vehicle Discounts – Insuring several vehicles with the same insurance coverage company may reduce the rate for each vehicle.

Discounts reduce rates, but you should keep in mind that some credits don’t apply to the overall cost of the policy. A few only apply to individual premiums such as medical payments or collision. So even though you would think you would end up receiving a 100% discount, insurance coverage companies aren’t that generous.

Large insurance coverage companies and some of their more popular discounts are included below.

  • Progressive may have discounts that include multi-policy, multi-vehicle, online signing, good student, continuous coverage, and homeowner.
  • AAA has discounts for multi-car, pay-in-full, education and occupation, good student, and multi-policy.
  • Farmers Insurance policyholders can earn discounts including switch companies, bundle discounts, electronic funds transfer, alternative fuel, and youthful driver.
  • GEICO may offer discounts for military active duty, air bags, driver training, anti-lock brakes, daytime running lights, good student, and multi-policy.
  • Esurance may include discounts for multi-car, online quote, renters, anti-theft, and homeowner.
  • SAFECO discounts include teen safety rewards, drive less, bundle discounts, homeowner, multi-car, anti-theft, and teen safe driver.
  • State Farm offers premium reductions for Drive Safe & Save, anti-theft, good driver, Steer Clear safe driver discount, and passive restraint.

When quoting, ask every company how you can save money. Depending on the company, some discounts might not be offered in your area.

Tailor your insurance coverage to you

When choosing the best insurance coverage, there really is no “best” method to buy coverage. Everyone’s needs are different.

Here are some questions about coverages that might point out whether or not you would benefit from professional advice.

  • I have good health insurance, so how much medical payments coverage do I need?
  • Will my insurance pay for OEM parts?
  • How do I insure my teen driver?
  • Do I need more liability coverage?
  • Does insurance cover tools stolen from my truck?
  • Will filing a claim cost me more?
  • Is my cargo covered for damage or theft?
  • Am I covered by my employer’s commercial auto policy when driving my personal car for business?
  • What should my uninsured motorist coverage limits be in my state?
  • Is a new car covered when I drive it off the dealer lot?

If you don’t know the answers to these questions but one or more may apply to you then you might want to talk to a licensed agent. To find lower rates from a local agent, complete this form. It is quick, free and may give you better protection.

Car insurance policy coverages for a 2018 Audi S8

Having a good grasp of a car insurance policy aids in choosing appropriate coverage and the correct deductibles and limits. The terms used in a policy can be difficult to understand and nobody wants to actually read their policy.

Med pay and Personal Injury Protection (PIP) – Medical payments and Personal Injury Protection insurance reimburse you for short-term medical expenses for things like rehabilitation expenses, hospital visits, dental work and surgery. They are often used to fill the gap from your health insurance plan or if you are not covered by health insurance. It covers both the driver and occupants and will also cover getting struck while a pedestrian. Personal Injury Protection is not available in all states but it provides additional coverages not offered by medical payments coverage

Comprehensive insurance – This coverage pays for damage OTHER than collision with another vehicle or object. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive coverage pays for things like damage from getting keyed, damage from a tornado or hurricane and a tree branch falling on your vehicle. The highest amount a car insurance company will pay at claim time is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Liability – Liability insurance will cover injuries or damage you cause to other people or property that is your fault. This coverage protects you against claims from other people, and doesn’t cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. Your policy might show liability limits of 50/100/50 that translate to a limit of $50,000 per injured person, a limit of $100,000 in injury protection per accident, and a limit of $50,000 paid for damaged property.

Liability can pay for claims such as medical services, bail bonds and repair costs for stationary objects. How much liability coverage do you need? That is a personal decision, but you should buy as high a limit as you can afford.

Uninsured/Underinsured Motorist (UM/UIM) – Your UM/UIM coverage protects you and your vehicle’s occupants from other drivers when they either are underinsured or have no liability coverage at all. Covered claims include medical payments for you and your occupants and damage to your 2018 Audi S8.

Due to the fact that many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage should not be overlooked.

Collision coverage – Collision coverage will pay to fix damage to your S8 from colliding with a stationary object or other vehicle. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against things like sustaining damage from a pot hole, rolling your car, hitting a mailbox, crashing into a building and hitting a parking meter. This coverage can be expensive, so consider dropping it from vehicles that are older. It’s also possible to increase the deductible to get cheaper collision coverage.

Affordable insurance is out there

Insureds change insurance companies for a number of reasons such as policy non-renewal, poor customer service, denial of a claim or policy cancellation. It doesn’t matter why you want to switch finding a great new company is not as hard as you think.

Cheaper car insurance is possible online in addition to many insurance agents, and you should be comparing both so you have a total pricing picture. There are still a few companies who may not offer rates over the internet and these small insurance companies only sell coverage through independent insurance agencies.

When shopping online for car insurance, do not buy less coverage just to save a little money. There are many occasions where someone sacrificed liability coverage limits to discover at claim time that a couple dollars of savings turned into a financial nightmare. The aim is to purchase plenty of coverage at the best possible price while still protecting your assets.

More detailed car insurance information can be found at these sites: