9 Ways to Pay Less on Audi S8 Insurance

Nobody I know looks forward to paying for car insurance, especially when they are paying too much.

With so many options, it is hard for the average consumer to choose the cheapest company.

Cut your premium with these nine discounts

Insurance can be prohibitively expensive, buy you may qualify for discounts to reduce the price significantly. Some discounts apply automatically when you get a quote, but a few need to be specially asked for prior to getting the savings.

• Payment Discounts – By paying your policy upfront instead of making monthly payments you can actually save on your bill.
• Anti-theft Discount – Vehicles equipped with anti-theft or alarm systems can help prevent theft and qualify for as much as a 10% discount.
• Safe Driver Discount – Insureds without accidents can pay as much as 50% less for S8 coverage than their less cautious counterparts.
• Save over 55 – If you’re over the age of 55, you may qualify for a small decrease in premiums for S8 coverage.
• Accident Forgiveness – A few companies will forgive one accident without raising rates if you are claim-free for a certain period of time.
• Homeowners Discount – Being a homeowner can help you save on car insurance because maintaining a house demonstrates responsibility.
• Driver Safety – Taking a course teaching defensive driving skills could cut 5% off your bill if your company offers it.
• Fewer Miles Equal More Savings – Fewer annual miles on your Audi can qualify you for better rates on cars that stay parked.
• Early Signing – Some insurance companies reward drivers for signing up before your current policy expires. This can save 10% or more.

Keep in mind that many deductions do not apply to your bottom line cost. Some only apply to individual premiums such as comp or med pay. Just because you may think all those discounts means the company will pay you, it just doesn’t work that way. Any qualifying discounts will bring down the amount you have to pay.

Comprehensive Car Insurance Comparison Quotes

When shopping for car insurance there are multiple ways of comparing price quotes from car insurance companies in your area. The simplest method to compare insurance prices is simply to get online rate quotes. This can be done using a couple different methods.

• One of the best ways to get quotes is to use a rate comparison form (click to open form in new window). This type of form saves time by eliminating boring form submissions for every car insurance company. A single, simple form will get you price quotes .
• Another way to obtain and compare quotes online requires visiting the website of each company to complete their respective quote request forms. For examples sake, we’ll pretend you want rates from Allstate, Esurance and Progressive. You would have to take the time to go to each site and enter your policy data, which is why most consumers use the first method. To view a list of companies in your area, click here.

It’s your choice how you get your quotes, but ensure you’re using identical coverages and limits for each price quote. If you use higher or lower deductibles it’s not possible to truly determine the lowest rate. Having just a slight variation in insurance coverages could mean much higher rates. It’s important to know that quoting more helps locate a lower rate.

Specific coverage details

Learning about specific coverages of a car insurance policy aids in choosing the right coverages at the best deductibles and correct limits. The terms used in a policy can be impossible to understand and coverage can change by endorsement. These are the usual coverages found on the average car insurance policy.

Liability auto insurance

This coverage will cover damage or injury you incur to a person or their property in an accident. This insurance protects YOU from claims by other people, and doesn’t cover your injuries or vehicle damage.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have values of 50/100/50 that translate to $50,000 in coverage for each person’s injuries, a total of $100,000 of bodily injury coverage per accident, and $50,000 of coverage for damaged propery. Another option is one number which is a combined single limit that pays claims from the same limit rather than limiting it on a per person basis.

Liability coverage pays for claims like repair bills for other people’s vehicles, loss of income and legal defense fees. How much coverage you buy is your choice, but it’s cheap coverage so purchase as high a limit as you can afford.

Medical expense insurance

Personal Injury Protection (PIP) and medical payments coverage kick in for immediate expenses such as ambulance fees, hospital visits, chiropractic care and dental work. They are used to cover expenses not covered by your health insurance program or if you do not have health coverage. It covers all vehicle occupants and also covers being hit by a car walking across the street. PIP coverage is not universally available but it provides additional coverages not offered by medical payments coverage

Collision insurance

Collision insurance pays for damage to your S8 resulting from colliding with another car or object. You will need to pay your deductible and then insurance will cover the remainder.

Collision can pay for claims like hitting a parking meter, crashing into a ditch and colliding with a tree. Paying for collision coverage can be pricey, so consider removing coverage from older vehicles. It’s also possible to bump up the deductible to save money on collision insurance.

Protection from uninsured/underinsured drivers

Your UM/UIM coverage protects you and your vehicle’s occupants when other motorists either have no liability insurance or not enough. Covered claims include injuries to you and your family and also any damage incurred to your Audi S8.

Due to the fact that many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Most of the time the UM/UIM limits do not exceed the liability coverage limits.

Comprehensive (Other than Collision)

Comprehensive insurance coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for claims like hitting a deer, vandalism and hail damage. The most you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Smart consumers save more

While you’re price shopping online, it’s not a good idea to buy less coverage just to save a little money. In too many instances, drivers have reduced liability coverage limits and discovered at claim time that it was a big mistake. Your focus should be to find the BEST coverage at a price you can afford while still protecting your assets.

We just presented quite a bit of information on how to reduce Audi S8 insurance prices online. The most important thing to understand is the more quotes you get, the better your comparison will be. Consumers could even find that the best price on car insurance is with the smaller companies. These companies can often insure niche markets at a lower cost compared to the large companies like State Farm or Progressive.