2001 Audi S8 Car Insurance Rates

Trying to find the cheapest auto insurance rates for your Audi S8? Have you had enough of being strong-armed to make your auto insurance payment? Your situation is no different than most other people. Big-name insurance companies like Geico and Progressive promote their brand names with advertising and it is difficult to ignore the promise of big savings and take the time to shop coverage around.

Smart consumers take time to compare prices before your policy renews because auto insurance prices are variable and change quite frequently. Despite the fact that you may have had the best deal for S8 coverage a few years ago a different company probably has better rates today. You can find a lot of information about auto insurance online, but by reading this article, you’re going to learn some of the best techniques to find affordable auto insurance.

How much does auto insurance cost?

There are several ways you can shop for auto insurance but one way is less time-consuming than others. You can waste a lot of time discussing policy coverages with insurance companies in your area, or you could use online quoting to get pricing more quickly.

All the larger companies belong to an insurance system that allows shoppers to complete one form, and each participating company then returns a price quote based on that data. This prevents consumers from doing form submissions for each company you want a rate for.

To compare rates now click to open in new window.

The single downside to using this type of form is that consumers can’t choose the providers you want pricing from. If you prefer to choose specific providers to compare prices, we have a page of auto insurance companies in your area. Click to view list.

However you get your quotes, make sure you are using equivalent coverages for every quote you compare. If the quotes have different data you will not be able to determine which company has the best rates.

Are you getting every discount?

Some companies don’t necessarily list all disounts very well, so we break down some of the more common and also the more inconspicuous savings tricks you should be using when you buy auto insurance online.

Lower Rates for Military – Being on active duty in the military could mean lower premium rates.
Distant Student Discount – who are enrolled in a college that is more than 100 miles from home and won’t have access to an insured vehicle could qualify for this discount.
Sign Online – Some of the larger companies will give you a small discount shop auto insurance online.
Seat Belt Discounts – Using a seat belt and requiring all passengers to wear their seat belts may be able to save a few bucks off the medical payments premium.
Passive Restraints and Air Bags – Factory air bags or motorized seat belts may earn rate discounts of 20% or more.
Fewer Miles Equal More Savings – Driving less may enable drivers to earn cheaper insurance coveragerates.
Life Insurance Discount – Not all insurance carriers offer life insurance, but some may give you a discounted premium rate on car insurance if you buy a life policy as well.
Renewal Discounts – A few insurance coverage companies give discounts for buying a new policy before your current coverage expires. It could save around 10% when you buy auto insurance online.

You should keep in mind that many deductions do not apply to the entire policy premium. Most only apply to individual premiums such as medical payments or collision. Despite the fact that it seems like it’s possible to get free car insurance, it just doesn’t work that way.

To view providers that have a full spectrum of discounts, click here.

How you can control Audi S8 insurance costs

Consumers need to have an understanding of some of the factors that help determine your auto insurance rates. If you know what determines premiums, this enables you to make decisions that will entitle you to cheaper rates. Lots of factors are used in the calculation when you get a price on insurance. Some are pretty understandable such as your driving history, but some are not as apparent such as your credit history or how financially stable you are.

Lower rates by increasing physical damage deductibles – The deductibles represent how much money you are required to spend if a claim is determined to be covered. Insurance for physical damage, also called ‘full coverage’, covers damage that occurs to your car. Some examples of claims that would be covered are collision with another vehicle, fire damage, and having a roll-over accident. The more damage repair cost you pay before a claim is paid (deductible), the lower your rates will be for S8 coverage.
Better premiums on safer cars – Vehicles with high crash test scores cost less to insure. Highly rated vehicles reduce the chance of injuries and reduced instances of injuries means lower claim amounts passed on to you as lower rates.
Drive less and save – The more you drive your Audi in a year the higher your rates will be. The majority of insurers calculate prices determined by how the vehicle is used. Cars and trucks not used for work or commuting qualify for better rates compared to those used for work or business. Having the wrong rating on your S8 may be wasting your money. Double check that your vehicle rating shows the correct driver usage, because improper ratings can cost you money.
Pay more by driving carelessly – Your driving record has a lot to do with how much you pay for insurance. Just one citation may increase your cost by twenty percent. Drivers with clean records pay less for auto insurance than people who have multiple driving citations. Drivers who have gotten license-revoking tickets such as DUI, reckless driving or excessive speeding may be required to maintain a SR-22 with their state’s licensing department in order to drive a vehicle legally.
Avoid unnecessary extra coverages – There are a ton of extra bells and whistles that sound like a good idea at the time on your S8 policy. Coverage for things like coverage for rental cars, better glass coverage, and membership fees may be costing you every month. They may seem good when deciding what coverages you need, but if you have no use for them remove them and pocket the money.
Occupation stress can make you pay more – Careers such as doctors, executives and financial analysts usually pay higher premium rates attributed to intense work requirements and long work hours. On the flip side, occupations such as farmers, historians and the unemployed pay the least for S8 coverage.

When in doubt talk to an agent

When buying coverage, there really is no cookie cutter policy. Each situation is unique and a cookie cutter policy won’t apply. Here are some questions about coverages that may help you determine if your situation might need an agent’s assistance.

Do I need PIP (personal injury protection) coverage in my state?
Do I need medical payments coverage since I have good health insurance?
Does my car insurance cover rental cars?
Does my policy cover me when driving someone else’s vehicle?
Am I covered when delivering products for my home-based business?
Should I buy only the required minimum liability coverage?
Why do I only qualify for high-risk insurance?

If you’re not sure about those questions but a few of them apply, then you may want to think about talking to a licensed agent. To find lower rates from a local agent, complete this form or you can also visit this page to select a carrier It’s fast, free and can help protect your family.

Auto insurance coverages explained

Understanding the coverages of your auto insurance policy can help you determine the best coverages at the best deductibles and correct limits. The coverage terms in a policy can be confusing and coverage can change by endorsement. Below you’ll find the usual coverages available from auto insurance companies.

Comprehensive or Other Than Collision

Comprehensive insurance covers damage from a wide range of events other than collision. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things like fire damage, hail damage, falling objects and damage from a tornado or hurricane. 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.

Collision coverage

Collision insurance will pay to fix damage to your S8 caused by collision with another vehicle or an object, but not an animal. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for things like colliding with another moving vehicle, colliding with a tree and hitting a mailbox. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are older. It’s also possible to raise the deductible to bring the cost down.

Liability coverages

This will cover damage that occurs to a person or their property that is your fault. It protects YOU against other people’s claims, and does not provide coverage for your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see values of 25/50/25 which stand for a $25,000 limit per person for injuries, a per accident bodily injury limit of $50,000, and property damage coverage for $25,000. Some companies may use one limit called combined single limit (CSL) which combines the three limits into one amount rather than limiting it on a per person basis.

Liability coverage pays for things like court costs, pain and suffering, medical services and medical expenses. The amount of liability coverage you purchase is a personal decision, but buy as large an amount as possible.

UM/UIM Coverage

Uninsured or Underinsured Motorist coverage gives you protection from other motorists when they either are underinsured or have no liability coverage at all. Covered losses include hospital bills for your injuries and damage to your Audi S8.

Due to the fact that many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is a good idea. Frequently these coverages are similar to your liability insurance amounts.

Medical costs insurance

Coverage for medical payments and/or PIP kick in for short-term medical expenses for things like prosthetic devices, chiropractic care, hospital visits, surgery and X-ray expenses. They can be used in conjunction with a health insurance plan or if you are not covered by health insurance. Medical payments and PIP cover both the driver and occupants in addition to getting struck while a pedestrian. PIP is not universally available and may carry a deductible

Never pay more for less

As you go through the steps to switch your coverage, don’t be tempted to buy less coverage just to save a little money. In too many instances, consumers will sacrifice collision coverage only to regret that it was a big mistake. Your focus should be to buy a smart amount of coverage at the best price, but do not sacrifice coverage to save money.

Low-cost 2001 Audi S8 insurance can be bought online as well as from insurance agents, and you should compare rates from both in order to have the best price selection to choose from. Some insurance providers may not have price quotes online and usually these regional insurance providers only sell coverage through local independent agents.