Compare Audi A8 Insurance Rates in Louisville

How long has it been since you shopped around for more affordable Audi A8 insurance in Louisville? Are you kicking yourself for buying an overpriced auto insurance policy? Trust us when we tell you you are not the only one feeling buyer’s remorse.

It’s well known that insurance companies don’t want you comparing rates. People who shop around are highly likely to switch to a new company because there is a high probability of getting low-cost coverage. Surprisingly, a recent survey revealed that people who shopped around annually saved as much as $850 each year compared to policyholders who don’t make a habit of comparing rates.

If finding the most affordable car insurance in Louisville is your target objective, then learning about the best way to compare insurance premiums can save money and time.

Steps to finding cheaper rates for Audi A8 insurance in Louisville

The best way we recommend to find the cheapest price for car insurance rates in Louisville is to regularly compare prices from insurers in Kentucky. Rates can be compared by completing these steps.

• Step 1: Get a basic knowledge of coverages and the things you can change to prevent expensive coverage. Many risk factors that increase rates like accidents, traffic tickets, and an imperfect credit score can be rectified by making small lifestyle or driving habit changes.
• Step 2: Compare rates from exclusive agents, independent agents, and direct providers. Direct and exclusive agents can only quote rates from a single company like Progressive or Farmers Insurance, while independent agencies can give you price quotes for a wide range of insurance providers. Get quotes now
• Step 3: Compare the new rate quotes to your current policy and determine if there is any savings. If you can save some money, make sure there is no lapse in coverage.
• Step 4: Notify your current company of your intent to cancel your current car insurance policy. Submit a signed application and payment for your new policy. Once coverage is bound, store the certificate of insurance somewhere easily accessible.

The most important part of this process is to use the same coverage limits and deductibles on each quote request and and to get rates from as many different companies as possible. This provides an accurate price comparison and the best price quote selection.

Vehicle owners have multiple insurance companies to buy insurance from, and although it’s nice to be able to choose, more options can take longer to find the lowest rates for Audi A8 insurance in Louisville.

Most of the larger companies allow you to get prices online. The process doesn’t take much effort because it’s just a matter of typing in the coverages you want into a form. Once entered, their quoting system automatically retrieves credit information and your driving record and quotes a price based on the data you entered. Being able to quote online for Audi A8 insurance in Louisville makes comparing rates easy, and it’s necessary to get many rate quotes in order to find cheap prices.

To save time and find out how much you’re overpaying now, compare rates from the companies below. If you have a policy now, it’s recommended you duplicate the coverage information identical to your current policy. This helps ensure you will have an apples-to-apples comparison based on identical coverages.

The following companies are ready to provide comparison quotes in Kentucky. If your goal is to find the best car insurance in Kentucky, we recommend you compare several of them to get the best price comparison.

Auto insurance statistics and figures

The information displayed below showcases detailed analysis of insurance coverage prices for Audi A8 models. Having a good understanding how auto insurance prices are figured can assist in making smart choices when purchasing an insurance policy.

Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Kentucky minimum liability limits. Discounts applied include multi-policy, homeowner, safe-driver, multi-vehicle, and claim-free. Premium costs do not factor in vehicle garaging location which can impact insurance rates greatly.

Analysis of deductible levels

One frequently asked question is how high should the physical damage deductibles be. The data tables below may help to conceptualize the rate fluctuation when you choose different insurance deductibles. The first rate comparisons uses a $250 physical damage deductible and the second rate chart uses a $500 deductible.

Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Kentucky minimum liability limits. Discounts applied include multi-vehicle, homeowner, multi-policy, claim-free, and safe-driver. Estimates do not factor in specific location which can influence premiums considerably.

Based on these figures, using a $250 deductible will cost in the ballpark of $21 more each month or $252 annually than buying the higher $500 deductible. Because you would be required to pay $250 more to file a claim with a $500 deductible as compared to a $250 deductible, if you normally go at least 12 months between claims, you would probably be better off if you choose the higher deductible.

Auto insurance rates by age and gender in Louisville

The example below visualizes the comparison of Audi A8 yearly insurance costs for male and female drivers. The costs are based on no accidents, no driving violations, full coverage, $500 deductibles, drivers are single, and no discounts are taken into consideration.

Buying the right Audi A8 insurance in Kentucky is an important decision

Despite the fact that auto insurance is not cheap in Louisville, auto insurance is required by state law in Kentucky and it also provides benefits you may not be aware of.

• The majority of states have mandatory insurance requirements which means you are required to carry specific minimum amounts of liability protection in order to be legal. In Kentucky these limits are 25/50/10 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
• If you have a lien on your Audi, more than likely the lender will require that you have full coverage to guarantee their interest in the vehicle. If you let the policy lapse, the lender will be forced to insure your Audi at a much higher premium rate and require you to reimburse them much more than you were paying before.
• Insurance safeguards not only your Audi A8 but also your assets. It also can pay for medical expenses for you, any passengers, and anyone injured in an accident. As part of your policy, liability insurance also pays for attorney fees and expenses if you are sued as the result of an accident. If you have damage to your Audi as the result of the weather or an accident, comprehensive and collision coverage will cover the repair costs.

The benefits of carrying enough insurance more than cancel out the cost, particularly if you ever have a claim. On average, a vehicle owner in Louisville is wasting up to $850 per year so compare rate quotes at every renewal to be sure current rates are still competitive.

Get affordable rates on Audi A8 insurance in Louisville with these eight insurance discounts

Insurance is not inexpensive, but you may find discounts that can dramatically reduce your bill. Many discounts should be triggered when you get a quote, but once in a while a discount must be inquired about before you get the savings.

• Membership in Organizations – Joining a professional or civic organization can get you a small discount on your next renewal.
• Multiple Vehicles – Buying insurance for multiple vehicles on one policy can get a discount on all vehicles.
• Passive Restraint Discount – Factory air bags and/or automatic seat belt systems can qualify for discounts as much as 30%.
• Distant Student Discount – College-age children who are enrolled in higher education away from home and do not have a car can be insured at a reduced rate.
• Fewer Miles Equal More Savings – Driving fewer miles may allow you to get lower rates on the low mileage vehicles.
• No Claim Discounts – Insureds who avoid accidents and claims can earn big discounts as compared to accident-prone drivers.
• Bundle and Save – When you combine your home and auto insurance with the same insurance company they may give you a discount of as much as 10 to 15 percent.
• Driver’s Ed – Cut your cost by having your teen driver enroll in driver’s education in high school.

As a sidenote, most of the big mark downs will not be given to the entire cost. Most only cut individual premiums such as physical damage coverage or medical payments. Even though it appears you would end up receiving a 100% discount, company stockholders wouldn’t be very happy. But all discounts will reduce the premium cost.

The example below visualizes the comparison of Audi A8 insurance premiums with and without discounts applied to the policy rates. The prices are based on a female driver, no claims or driving citations, Kentucky state minimum liability limits, comp and collision included, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, homeowner, multi-policy, marriage, claim-free, and multi-car discounts applied.

A few popular companies and some of their more popular discounts are:

• Esurance discounts include DriveSense, defensive driver, good student, online quote, emergency road assistance, and safety device.
• The Hartford offers discounts for air bag, anti-theft, good student, driver training, bundle, and vehicle fuel type.
• AAA offers discounts including AAA membership discount, multi-car, good student, pay-in-full, anti-theft, and multi-policy.
• GEICO policyholders can earn discounts including anti-theft, driver training, multi-vehicle, five-year accident-free, and daytime running lights.
• State Farm has savings for anti-theft, Steer Clear safe driver discount, safe vehicle, student away at school, driver’s education, passive restraint, and multiple autos.

If you are trying to find low cost Louisville auto insurance quotes, ask all companies you are considering which discounts you qualify for. All car insurance discounts may not apply to policyholders in your area. If you would like to view insurance companies that offer multiple discounts in Kentucky, follow this link.

When should I talk to a local insurance agent?

Some people would rather talk to an insurance agent. Insurance agents are trained risk managers and help file insurance claims. The biggest benefit of getting free rate quotes online is you can get the lowest rates but still work with a licensed agent. Putting coverage with neighborhood insurance agencies is important especially in Louisville.

To find an agent, once you fill out this quick form, your information is transmitted to local insurance agents in Louisville that provide free Louisville auto insurance quotes for your insurance coverage. You never need to drive around because prices are sent straight to your inbox. If you have a need to quote rates from a specific auto insurance provider, feel free to visit that company’s website and fill out their quote form.

If you prefer to buy auto insurance from a local insurance agency, you must know there are a couple different agency structures and how they differ in how they can insure your vehicles. Insurance agencies in Louisville are considered either exclusive or independent agents depending on their company appointments. Either type can provide auto insurance policies, but it’s a good idea to understand the differences since it could factor into the type of agent you choose.

Independent Agents

Independent agencies are normally appointed by many insurers so they can write business through lots of different companies and find the cheapest auto insurance rates. If your premiums go up, your agent can just switch to a different company and you don’t have to switch agencies.

If you are comparing rate quotes, it’s a good idea to include price quotes from multiple independent agents to maximize your price options.

Below is a list of independent insurance agencies in Louisville that may be able to give competitive price quotes.

More Louisville agents

Exclusive Auto Insurance Agencies

Exclusive agents generally can only insure with one company and examples are AAA, State Farm, Farmers Insurance, and Allstate. Exclusive agents cannot provide rate quotes from other companies so keep that in mind. Exclusive insurance agents are usually well trained on their company’s products which helps offset the inability to provide other markets.

Shown below is a short list of exclusive agents in Louisville that are able to give comparison quotes.

More Louisville agents

Finding a good car insurance agent is decision based upon more than just a cheap quote. You should also get answers to these questions.

• How are claims handled?
• Are they paid to recommend certain coverages?
• Is the agent properly licensed in Kentucky?
• What insurance companies do they recommend if they are an independent agent?
• Do they have designations such as AIC, CPCU, or CIC?
• Do the coverages you’re quoting properly cover your vehicle?

Car insurance 101

Having a good grasp of auto insurance can be of help when determining appropriate coverage for your vehicles. Policy terminology can be ambiguous and nobody wants to actually read their policy. Below you’ll find typical coverage types found on the average auto insurance policy.

Collision – This covers damage to your A8 resulting from a collision with another car or object. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for things such as colliding with a tree, driving through your garage door, scraping a guard rail and backing into a parked car. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are older. Another option is to increase the deductible on your A8 to save money on collision insurance.

Liability car insurance – Liability insurance provides protection from injuries or damage you cause to a person or their property that is your fault. It protects YOU from claims by other people. Liability doesn’t cover damage to your own property or vehicle.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see values of 25/50/10 that translate to a $25,000 limit per person for injuries, $50,000 for the entire accident, and a limit of $10,000 paid for damaged property. Some companies may use one limit called combined single limit (CSL) which limits claims to one amount and claims can be made without the split limit restrictions.

Liability can pay for things such as loss of income, emergency aid, repair costs for stationary objects, funeral expenses and bail bonds. How much liability coverage do you need? That is your choice, but you should buy as large an amount as possible. Kentucky state law requires minimum liability limits of 25/50/10 but you should think about purchasing more coverage.

The illustration below shows why buying minimum limits may not be high enough to cover claims.

UM/UIM Coverage – Your UM/UIM coverage protects you and your vehicle’s occupants from other drivers when they are uninsured or don’t have enough coverage. It can pay for injuries sustained by your vehicle’s occupants and damage to your Audi A8.

Since a lot of drivers carry very low liability coverage limits (which is 25/50/10), their limits can quickly be used up. This is the reason having UM/UIM coverage is important protection for you and your family. Normally these coverages are identical to your policy’s liability coverage.

Medical costs insurance – Medical payments and Personal Injury Protection insurance reimburse you for short-term medical expenses for X-ray expenses, EMT expenses, rehabilitation expenses and chiropractic care. They can be used to fill the gap from your health insurance policy 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 is not universally available but it provides additional coverages not offered by medical payments coverage

Comprehensive or Other Than Collision – This coverage will pay to fix damage from a wide range of events other than collision. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against things like hail damage, rock chips in glass and fire damage. The most a auto insurance company will pay at claim time is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Frequent quotes can save

Lower-priced car insurance in Louisville is possible on the web and with local Louisville insurance agents, and you need to price shop both to have the best chance of lowering rates. Some insurance companies do not provide online price quotes and usually these small insurance companies only sell through independent agencies.

We covered quite a bit of information on how to shop for Audi A8 insurance online. The key concept to understand is the more rate comparisons you have, the higher the chance of saving money. You may even discover the lowest rates are with the least-expected company. These smaller insurers may cover specific market segments cheaper as compared to the big name companies such as Allstate or State Farm.

How to save on Audi A8 insurance in Louisville

If saving money is your primary concern, then the best way to get affordable Audi A8 insurance is to compare prices annually from providers that insure vehicles in Louisville.

First, try to learn about policy coverages and the changes you can make to drop your rates. Many policy risk factors that cause rate increases like speeding tickets, accidents and an unacceptable credit score can be eliminated by paying attention to minor details.

Second, compare prices from independent agents, exclusive agents, and direct companies. Direct and exclusive agents can only give prices from a single company like Progressive or Farmers Insurance, while independent agents can provide price quotes from multiple companies. Get quotes now

Third, compare the new rates to the price on your current policy to see if a cheaper rate is available. If you find better rates and decide to switch, make sure coverage is continuous and does not lapse.

Fourth, give notification to your agent or company of your decision to cancel your current car insurance policy and submit the application along with any required down payment to your new agent or company. Immediately place your new proof of insurance paperwork along with the vehicle’s registration papers.

An important bit of advice to remember is to try to use the same amount of coverage on each quote request and and to get prices from as many different insurance providers as possible. This ensures an apples-to-apples comparison and the best price selection.

Even more information can be read in the articles below:

• Booster Seat Ratings (iihs.org)
• Who Has Cheap Car Insurance Rates for a 20 Year Old Male in Louisville? (FAQ)
• Frontal Crash Tests (iihs.org)
• What is Full Coverage? (Allstate)
• How to shop for a safer car (Insurance Institute for Highway Safety)