2014 Audi R8 Car Insurance Cost in 2024 – 9 Tricks for Cheaper Prices

Nobody that owns a car enjoys paying for car insurance, especially knowing the cost is too high.

Consumers have multiple insurance companies to choose from, and even though it’s nice to have a choice, it can be more difficult to find the best rates for your vehicles.

Buying the cheapest coverage is easy if you know what you’re doing. Just about every vehicle owner who is required by state law to have insurance coverage will be able to find better rates. Nevertheless, car owners do need to learn how big insurance companies price insurance differently and apply this information to your search.

The most recommended method to compare policy rates is to take advantage of the fact most of the bigger providers have advanced systems to give rate comparisons. To begin a comparison, all you need to do is provide a small amount of information including whether you drive to work or school, whether your vehicle is owned or leased, the ages of drivers, and if you require a SR-22. Your information is submitted instantly to all major companies and they provide comparison quotes within a short period of time.

To compare rates for your 2014 Audi R8 now, click here and find out if lower rates are available.

Insurance coverage discounts help lower rates

The price of auto insurance can be rather high, but you may qualify for discounts to help bring down the price. Many of these discounts will be applied automatically at the time of purchase, but once in a while a discount must be specially asked for before they will apply.

• Save with More Vehicles Insured – Buying a policy with multiple vehicles with one company qualifies for this discount.
• Government Employee Discount – Being employed by or retired from a federal job could qualify for a slight premium decrease for R8 insurance with select insurance companies.
• Defensive Driver Discounts – Taking part in a driver safety course is a good idea and can lower rates depending on where you live.
• Own a Home and Save – Simply owning a home can save you money since home ownership is proof of financial responsibility.
• Drivers Ed for Students – Have your child enroll in driver’s education as it can save substantially.
• Membership in Organizations – Belonging to specific professional or occupational memberships or organizations could earn you a nice discount on your next renewal.
• Bundled Policy Discount – If you have multiple policies and insure them both with the same insurance company you will save up to 20% and get you the cheapest insurance.
• Theft Prevention System – Anti-theft and alarm system equipped vehicles can help prevent theft and earn discounts up to 10% off your insurance quote.
• Claim-Free Discount – Claim-free drivers can save substantially when compared to insureds who have frequent claims or accidents.

A little note about advertised discounts, most credits do not apply to the whole policy. The majority will only reduce specific coverage prices like liability and collision coverage. So when it seems like it’s possible to get free car insurance, you’re out of luck.

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

• Esurance may include discounts for online shopper, multi-car, renters, multi-policy, online quote, and defensive driver.
• The Hartford has savings for air bag, defensive driver, good student, driver training, and bundle.
• AAA offers premium reductions for anti-theft, education and occupation, pay-in-full, good driver, good student, AAA membership discount, and multi-policy.
• GEICO policyholders can earn discounts including anti-lock brakes, driver training, anti-theft, daytime running lights, multi-policy, and multi-vehicle.
• State Farm offers discounts for multiple policy, good student, student away at school, Drive Safe & Save, and driver’s education.

If you want low cost insurance quotes, ask all the companies what discounts are available to you. Savings might not be offered in your area. To view insurance coverage companies who offer free insurance coverage quotes, enter your zip code here.

Which is the best auto insurance?

When choosing adequate coverage, there really is not a cookie cutter policy. Your needs are not the same as everyone else’s and a cookie cutter policy won’t apply. Here are some questions about coverages that might point out if your insurance needs might need professional guidance.

• Will I lose any money if I cancel my policy before it expires?
• Are rock chip repairs covered?
• Should I put collision coverage on all my vehicles?
• How do I buy GAP insurance?
• Am I covered by my employer’s commercial auto policy when driving my personal car for business?
• Am I covered when using my vehicle for business?
• What if I owe more than I can insure my car for?
• Do I have coverage when pulling a U-Haul trailer?
• Which is better, split liability limits or combined limits?
• Do I need medical payments coverage since I have good health insurance?

If it’s difficult to answer those questions but you think they might apply to your situation, you may need to chat with an insurance agent. If you want to speak to an agent in your area, take a second and enter your zip code.

Auto insurance coverages

Understanding the coverages of your policy can be of help when determining which coverages you need and proper limits and deductibles. Policy terminology can be impossible to understand and even agents have difficulty translating policy wording. These are the normal coverages available from auto insurance companies.

Liability

Liability coverage provides protection from damage or injury you incur to people or other property in an accident. Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see limits of 50/100/50 which stand for $50,000 bodily injury coverage, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000. Another option is a combined single limit or CSL which limits claims to one amount without having the split limit caps.

Liability coverage pays for claims such as repair costs for stationary objects, funeral expenses, medical services and bail bonds. How much liability should you purchase? That is up to you, but buy higher limits if possible.

Comprehensive insurance

This coverage covers 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 falling objects, theft, fire damage and vandalism. The maximum payout your auto insurance company will pay is the actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

Auto collision coverage

This covers damage to your R8 caused by collision with a stationary object or other vehicle. You first must pay a deductible and then insurance will cover the remainder.

Collision can pay for things like scraping a guard rail, colliding with a tree, sideswiping another vehicle and crashing into a building. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are 8 years or older. It’s also possible to bump up the deductible to get cheaper collision coverage.

Med pay and Personal Injury Protection (PIP)

Personal Injury Protection (PIP) and medical payments coverage pay for expenses for ambulance fees, chiropractic care, EMT expenses, pain medications and funeral costs. The coverages can be used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. It covers you and your occupants and will also cover being hit by a car walking across the street. PIP coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

Uninsured/Underinsured Motorist (UM/UIM)

This coverage provides protection when other motorists either are underinsured or have no liability coverage at all. Covered claims include medical payments for you and your occupants as well as your vehicle’s damage.

Since many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage should not be overlooked. Frequently these coverages do not exceed the liability coverage limits.

Quote more, save more

Some insurance providers may not have the ability to get quotes online and most of the time these smaller providers work with independent insurance agents. The cheapest 2014 Audi R8 insurance is attainable both online and from local insurance agents, and you need to comparison shop both so you have a total pricing picture.

We just presented many ways to reduce 2014 Audi R8 insurance premium rates online. The key thing to remember is the more quotes you get, the better your chances of lowering your prices. You may even find the best price on auto insurance is with some of the lesser-known companies. These companies often have lower prices on specific markets than the large multi-state companies such as Allstate or State Farm.

As you restructure your insurance plan, don’t be tempted to sacrifice coverage to reduce premiums. In many cases, drivers have reduced comprehensive coverage or liability limits and learned later that it was a big mistake. The goal is to buy a smart amount of coverage at the best possible price and still be able to protect your assets.