View 2018 Audi R8 Insurance Quotes in 2024

Searching for the cheapest auto insurance rates for your Audi R8? Do you get exhausted from paying out the nose to make your auto insurance payment? Your situation is no different than many other consumers. Consumers have multiple car insurance companies to insure vehicles with, and although it’s nice to have a choice, more choices can make it harder to compare company pricing.

Why you might pay higher rates

Many things are used in the calculation when you quote your car insurance policy. Most are fairly basic such as traffic violations, but others are less obvious such as your marital status or your financial responsibility.

The list below includes some of the things used by your company to calculate premiums.

• Getting married can save on auto insurance – Being married can get you a discount on your auto insurance policy. Marriage translates into being more financially stable and insurance companies reward insureds because married drivers get in fewer accidents.
• Premiums increase with driving tickets – Whether or not you get tickets has a big impact on rates. Having just one citation may cause rates to rise substantially. Drivers with clean records pay less for auto insurance compared to bad drivers. Drivers who have license-revoking violations like DUI or reckless driving are required to submit a SR-22 form with their state DMV in order to drive a vehicle legally.
• Raise your coverage deductibles for better premiums – Deductibles for physical damage represent how much money you are willing to pay out-of-pocket if you file a covered claim. Physical damage protection, termed comprehensive and collision coverage on your policy, insures against damage to your car. Some coverage claims are colliding with a stationary object, vandalism, or theft of your vehicle. The higher the amount you have to pay, the less your auto insurance will be for R8 insurance.
• Insurance prices and driver gender – Statistics show that females tend to be a little less risky than males. It does not mean women are BETTER drivers than men. Women and men cause at-fault accidents in similar numbers, but the males have costlier accidents. They also receive more major tickets like driving under the influence (DUI).
• With age comes responsibility – More mature drivers are proven to be safer behind the wheel, are lower risk to insure and are safer drivers. Inexperienced drivers have a tendency to be more careless when behind the wheel and because of this, their auto insurance rates are much higher.
• Only buy coverage you need – There are quite a few extra add-on coverages that can waste your money when buying auto insurance. Things like replacement cost coverage, towing, and membership fees are some examples. They may seem good when discussing your needs, but your money might be better spent on other coverage so remove them and pocket the money.
• Bad credit hurts insurance premiums – An insured’s credit history is likely to be a major factor in determining what you pay for auto insurance. Drivers who have good credit tend to be more responsible than drivers who have poor credit. So if your credit rating is lower than you’d like, you could potentially save money when insuring your 2018 Audi R8 by improving your rating.

Cut your insurance rates with discounts

Companies that sell car insurance do not advertise their entire list of discounts in a way that’s easy to find, so we took the time to find some of the best known and also the more inconspicuous credits that you can use to lower your rates. If they aren’t giving you every credit available, you are not getting the best rate possible.

• Life Insurance – Larger insurance companies have lower premium rates if you buy a life insurance policy as well.
• Drivers Ed for Students – Cut your cost by having your teen driver successfully complete driver’s ed class as it will make them better drivers and lower rates.
• Discount for Home Ownership – Owning a home can save you money since home ownership demonstrates responsibility.
• Passive Restraint Discount – Vehicles equipped with air bags or motorized seat belts can qualify for discounts up to 30%.
• Defensive Driver Discounts – Taking a course teaching safe driver skills could save 5% or more and make you a better driver.
• Distant Student Discount – College-age children who are attending college and do not have a car could get you a discount.
• Sign Early and Save – A few insurance companies offer discounts for switching companies before your current coverage expires. It can save you around 10%.
• Telematics Discount – Drivers who agree to allow driving data collection to monitor their driving habits through the use of a telematics system such as Progressive’s Snapshot and State Farm’s In-Drive could possibly reduce rates if they are good drivers.
• Multi-car Discount – Buying coverage for multiple vehicles on one policy may reduce the rate for each vehicle.

Discounts lower rates, but some of the credits will not apply to your bottom line cost. Some only apply to individual premiums such as collision or personal injury protection. Just because you may think you would end up receiving a 100% discount, insurance companies wouldn’t stay in business.

To see insurers who offer free insurance quotes, enter your zip code here.

You are unique and your auto insurance should be too

When choosing the best auto insurance coverage for your personal vehicles, there really is no “best” method to buy coverage. Your needs are not the same as everyone else’s and a cookie cutter policy won’t apply. For example, these questions may help highlight whether or not you could use an agent’s help.

• Can I afford low physical damage deductibles?
• How can I force my company to pay a claim?
• When does my teenage driver need to be added to my policy?
• Is my nanny covered when driving my vehicle?
• Do I pay less if my vehicle is kept in my garage?
• Am I covered when driving a rental car?

If you’re not sure about those questions but you know they apply to you, you may need to chat with an agent. To find an agent in your area, simply complete your zip code. It’s fast, free and can help protect your family.

Car insurance coverage specifics

Learning about specific coverages of car insurance can be of help when determining the best coverages and the correct deductibles and limits. The coverage terms in a policy can be impossible to understand and nobody wants to actually read their policy. Shown next are typical coverages found on the average car insurance policy.

Collision protection

This covers damage to your R8 resulting from a collision with an object or car. A deductible applies then the remaining damage will be paid by your insurance company.

Collision insurance covers things such as scraping a guard rail, driving through your garage door and crashing into a building. Collision is rather expensive coverage, so consider dropping it from older vehicles. You can also raise the deductible in order to get cheaper collision rates.

Auto liability

Liability coverage will cover damage or injury you incur to people or other property that is your fault. It protects YOU against other people’s claims. It does not cover damage to your own property or vehicle.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show values of 100/300/100 which means a limit of $100,000 per injured person, a total of $300,000 of bodily injury coverage per accident, and a limit of $100,000 paid for damaged property.

Liability insurance covers things such as court costs, repair bills for other people’s vehicles, medical services, funeral expenses and legal defense fees. How much coverage you buy is a personal decision, but you should buy higher limits if possible.

Comprehensive auto coverage

Comprehensive insurance will pay to fix damage that is not covered by collision coverage. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims such as a tree branch falling on your vehicle, theft, damage from flooding, hitting a deer and falling objects. The most you’ll receive from a claim is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

UM/UIM (Uninsured/Underinsured Motorist) coverage

This coverage gives you protection from other drivers when they either have no liability insurance or not enough. Covered claims include medical payments for you and your occupants and damage to your 2018 Audi R8.

Since a lot of drivers only purchase the least amount of liability that is required, their limits can quickly be used up. For this reason, having high UM/UIM coverages is very important.

Medical payments and PIP coverage

Coverage for medical payments and/or PIP pay for expenses like pain medications, nursing services, hospital visits and prosthetic devices. The coverages can be used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. They cover you and your occupants in addition to if you are hit as a while walking down the street. PIP is not an option in every state and may carry a deductible

Shop. Compare. Save.

We covered a lot of ways to save on 2018 Audi R8 insurance. The most important thing to understand is the more you quote car insurance, the better likelihood of getting the cheapest car insurance. Consumers may even find the lowest car insurance rates come from a small local company. These smaller insurers may only write in your state and offer lower premium rates than their larger competitors like GEICO and State Farm.

When buying insurance coverage, don’t be tempted to reduce needed coverages to save money. Too many times, someone sacrificed uninsured motorist or liability limits only to find out that they should have had better coverage. The aim is to purchase plenty of coverage at the best possible price while still protecting your assets.