2016 Audi S8 Car Insurance Cost

Shoppers have options when shopping for the best price on Audi S8 insurance. They can either spend hours driving around trying to get quotes or leverage the internet to compare rates. There is a right way and a wrong way to shop for car insurance and we’ll show you the absolute fastest way to quote coverages on a Audi and get the lowest price.

Buying car insurance is not that difficult. If you currently have car insurance, you should be able to lower your premiums substantially using this strategy. Drivers just need to understand the best way to compare prices over the internet.

Quote insurance online

There are multiple methods you can shop for insurance but there is one way that is less time-consuming than others. You can spend your afternoon driving to agents in your area, or you can stay home and use online quotes to get rate comparisons in just a few minutes.

All the larger companies belong to a marketplace that allows shoppers to complete one form, and each company returns a competitive quote determined by their information. This system prevents you from having to do quote forms to each company.

To submit your quote information now, click to open in new window.

The one disadvantage to comparing rates this way is you don’t know exactly the providers you will receive quotes from. If you would rather choose specific insurance companies to compare prices, we have a page of insurance companies in your area. View list of insurance companies.

However you get your quotes, make sure you compare equivalent coverage information for each comparison quote. If your comparisons have higher or lower deductibles it will be nearly impossible to find the best deal for your Audi S8.

Auto insurance rates and discounts

Car insurance companies do not list every available discount in an easy-to-find place, so the list below gives a summary of both well-publicized and also the lesser-known credits that may apply to you.

Theft Prevention System – Vehicles equipped with tracking devices and advanced anti-theft systems are stolen less frequently and qualify for as much as a 10% discount.
Multi-car Discount – Purchasing coverage when you have multiple vehicles on one policy can get a discount on all vehicles.
Student Discounts – Being a good student can be rewarded with saving of up to 25%. You can use this discount normally up to age 25.
Cautious Driver Discounts – Insureds who avoid accidents can pay as much as 50% less for S8 coverage compared to accident prone drivers.
Renewal Discounts – A few larger companies give discounts for signing up prior to the expiration date on your current policy. It could save around 10% when you buy insurance coverage online.
Own a Home – Owning your own home or condo can save you money because of the fact that having a home demonstrates responsibility.
Employee of Federal Government – Employees or retirees of the government can earn a discount up to 10% for S8 coverage depending on your auto insurance provider.

Policy discounts save money, but most credits do not apply to the overall cost of the policy. Most only reduce the cost of specific coverages such as comp or med pay. Just because it seems like all those discounts means the company will pay you, insurance companies wouldn’t stay in business. Any qualifying discounts will positively reduce the premium cost.

Larger auto insurance companies and their possible discounts include:

Geico may include discounts for anti-lock brakes, multi-vehicle, good student, daytime running lights, defensive driver, military active duty, and anti-theft.
USAA offers discounts including driver training, multi-policy, vehicle storage, defensive driver, and annual mileage.
Progressive may have discounts that include multi-vehicle, online quote discount, online signing, good student, continuous coverage, homeowner, and multi-policy.
American Family offers discounts for mySafetyValet, accident-free, defensive driver, good student, and early bird.
Esurance includes discounts for safety device, homeowner, multi-car, DriveSense, and emergency road assistance.
Farmers Insurance offers premium reductions for bundle discounts, teen driver, switch companies, business and professional, youthful driver, and pay in full.
State Farm policyholders can earn discounts including anti-theft, multiple policy, multiple autos, Steer Clear safe driver discount, driver’s education, defensive driving training, and student away at school.

Before you buy a policy, ask every company which credits you are entitled to. A few discounts may not be available in your area. If you would like to view insurance companies with discount rates, click here.

Situations that may require an agent’s advice

When choosing the right insurance coverage for your vehicles, there isn’t really a cookie cutter policy. Everyone’s situation is unique.

These are some specific questions may help highlight if your situation could use an agent’s help.

Do I benefit by insuring my home with the same company?
Can my teen driver be rated on a liability-only vehicle?
Is my dog or cat covered if injured in an accident?
Am I covered if I hit my neighbor’s mailbox?
Exactly who is provided coverage by my policy?
When should I buy a commercial auto policy?
Can I afford to pay high deductible claims out of pocket?
Do I need an umbrella policy?
Does my policy cover my teen driver if they drive my company car?

If you can’t answer these questions, then you may want to think about talking to a licensed agent. If you want to speak to an agent in your area, simply complete this short form. It only takes a few minutes and may give you better protection.

How your S8 insurance prices are determined

Lots of factors are part of the equation when you get your auto insurance bill. Some are obvious such as your driving history, but other criteria are less apparent like your continuous coverage or how safe your car is.

The factors shown below are some of the factors companies use to determine premiums.

Cheaper rates for prior coverage – Allowing your coverage to lapse is a fast way to increase your insurance coverage rates. In addition to paying higher premiums, the inability to provide proof of insurance may earn you a fine, jail time, or a revoked license.
See if your company offers a multi-policy discount – The majority of insurance coverage companies allow a discount to buyers that buy multiple policies, otherwise known as a multi-policy discount. The discount can add up to ten percent or more. If you currently are using one company, drivers will still want to get quotes from other companies to help ensure you have the lowest rates. You may still save even more than the discount by buying insurance coverage from a different company.
Driving citations increase costs – Your driving record impacts your car insurance rates tremendously. Drivers who don’t get tickets tend to pay less for car insurance compared to bad drivers. Even one driving citation can increase rates by as much as twenty percent. Drivers with flagrant citations like DUI, reckless driving or excessive speeding may be required to submit a SR-22 or proof of financial responsibility with their state motor vehicle department in order to drive a vehicle legally.
Women tend to be lower risk – Statistics have proven women are more cautious behind the wheel. This data doesn’t prove that females are better at driving than males. They both have at-fault accidents in similar numbers, but men cause more damage. Men also statistically have more aggressive citations such as driving while intoxicated (DWI) or driving recklessly.
Better prices on safer vehicles – Vehicles with good safety scores can get you lower premiums. Highly rated vehicles reduce occupant injuries and any reduction in injury severity means less money paid by your insurance company and cheaper rates on your policy.
File insurance coverage claims and pay more – Car insurance companies provide discounts to insureds who do not file claims often. If you are the type of insured that files lots of claims you can expect either a policy non-renewal or much higher rates. Auto insurance is designed for the bigger claims that can’t be paid out-of-pocket.
More people means more accidents – Choosing to live in less populated areas can be a good thing when shopping for auto insurance. Less people living in that area means a lower chance of having an accident. Drivers who live in large cities have to deal with more auto accidents and much longer commute distances. Higher commute times means a statistically higher chance of an accident.
Getting married is a bonus – Being married helps lower the price when shopping for insurance coverage. Marriage generally demonstrates drivers are more financially stable and it’s statistically proven that married drivers get in fewer accidents.

Can you really save $451 a year?

Consumers can’t escape the ads that promise big savings for switching by companies like State Farm, Geico and Progressive. All the ads have a common claim that you can save after switching your coverage to them.

How does every insurance coverage company charge you less for car insurance? It’s all in how they say it.

Many companies have an ideal profile for the type of insured that will most likely be profitable. For example, a profitable customer may need to be over the age of 45, has never had a policy lapse, and chooses high deductibles. Anyone that hits that “sweet spot” receive the lowest rate quotes and as a result will probably save if they switch.

Drivers who do not meet this ideal profile will probably have to pay higher premiums with the end result being the customer not buying. The ad wording is “drivers who switch” but not “everyone who gets a quote” save that much money. That’s the way insurance companies can confidently advertise the way they do. Because of this risk profiling, you absolutely need to get a wide range of price quotes. It is impossible to guess which insurance companies will have the best car insurance rates for your profile.

Auto insurance coverage basics

Learning about specific coverages of auto insurance can be of help when determining appropriate coverage and proper limits and deductibles. Policy terminology can be confusing and reading a policy is terribly boring.

Med pay and Personal Injury Protection (PIP) – Personal Injury Protection (PIP) and medical payments coverage pay for short-term medical expenses like rehabilitation expenses, funeral costs and prosthetic devices. They can be used in conjunction with a health insurance plan or if there is no health insurance coverage. Medical payments and PIP cover you and your occupants and also covers any family member struck as a pedestrian. PIP coverage is only offered in select states but can be used in place of medical payments coverage

Liability coverages – This coverage provides protection from damage that occurs to other’s property or people that is your fault. This insurance protects YOU against other people’s claims, and doesn’t cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have liability limits of 25/50/25 which means a limit of $25,000 per injured person, a per accident bodily injury limit of $50,000, and a limit of $25,000 paid for damaged property.

Liability coverage protects against things such as attorney fees, repair costs for stationary objects and structural damage. How much coverage you buy is your choice, but you should buy as large an amount as possible.

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

Collision coverage protects against things like driving through your garage door, colliding with another moving vehicle, backing into a parked car, hitting a parking meter and colliding with a tree. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from lower value vehicles. Drivers also have the option to choose a higher deductible in order to get cheaper collision rates.

Uninsured/Underinsured Motorist (UM/UIM) – Your UM/UIM coverage gives you protection when other motorists either are underinsured or have no liability coverage at all. Covered claims include medical payments for you and your occupants and also any damage incurred to your Audi S8.

Since a lot of drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages should not be overlooked.

Comprehensive insurance – Comprehensive insurance covers damage OTHER than collision with another vehicle or object. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims such as damage from flooding, rock chips in glass, vandalism and damage from getting keyed. The most you’ll receive from a claim is the actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Best coverage at the best price

As you shop your coverage around, never skimp on critical coverages to save a buck or two. In too many instances, an accident victim reduced liability limits or collision coverage to discover at claim time that it was a big mistake. Your goal is to find the BEST coverage for the lowest price while still protecting your assets.

Some car insurance companies may not provide rate quotes online and usually these smaller companies sell through local independent agencies. Budget-conscious 2016 Audi S8 insurance can be purchased from both online companies and from local insurance agents, and you should compare rates from both to have the best selection.

Drivers who switch companies do it for any number of reasons including questionable increases in premium, delays in responding to claim requests, policy cancellation or even high rates after DUI convictions. It doesn’t matter why you want to switch finding a new car insurance company is less work than it seems.