Affordable Insurance for an Audi A8 in Philadelphia

Do you think you bought overpriced Audi A8 insurance in Philadelphia? It’s a common feeling and there are many people just like you.

Everyone knows that auto insurance companies want to keep you from shopping around. Consumers who shop around for cheaper prices will probably buy a new policy because of the high probability of finding more affordable rates. A recent auto insurance study revealed that consumers who compared price quotes annually saved on average $3,500 over four years as compared to drivers who never shopped around for cheaper prices.

If finding the cheapest rates on auto insurance in Philadelphia is your target objective, then having an understanding of how to get price quotes and compare coverages can make shopping around easier. Due to the abundance of companies and agents to choose from, it’s nearly impossible to find the right insurer.

You should take the time to do price comparisons every six months because prices change regularly. Even if you got the best deal on Audi A8 insurance in Philadelphia a few years ago you will most likely find a better rate today. Forget all the misinformation about auto insurance because we’re going to show you the right way to find lower rates on auto insurance.

Buying the cheapest insurance in Philadelphia is easy if you know what you’re doing. If you have insurance now, you will most likely be able to find better prices using the tips covered below. Shoppers only need to know the most time-saving way to get comparison rates from many different companies online.

The method we recommend to compare car insurance rates for Audi A8 insurance in Philadelphia is to realize most of the larger companies pay for the opportunity to give rate comparisons. All consumers are required to do is provide a small amount of information including if the vehicle is leased, if you are currently licensed, the ages of drivers, and whether the vehicles are used for commuting. Your information is instantly provided to multiple top-rated companies and they provide comparison quotes within a short period of time.

If you would like to start a quote now, click here and find out if you can get cheaper insurance in Philadelphia.

The companies in the list below offer free rate quotes in Philadelphia, PA. If more than one company is shown, we suggest you compare several of them to get the best price comparison.

Auto insurance just makes sense

Despite the potentially high cost of Audi A8 insurance, maintaining insurance may be required for several reasons.

• Almost all states have mandatory insurance requirements which means you are required to buy specific limits of liability in order to get the vehicle licensed. In Pennsylvania these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.
• If your Audi has a lienholder, it’s most likely the lender will require that you have full coverage to guarantee their interest in the vehicle. If you cancel or allow the policy to lapse, the lender will be forced to insure your Audi at a significantly higher premium and force you to pay a much higher amount than you were paying before.
• Insurance safeguards not only your car but also your financial assets. Insurance will pay for most medical and hospital costs incurred in an accident. Liability insurance, one of your policy coverages, also pays for attorney fees and expenses if you are sued as the result of your driving. If you have damage to your Audi as the result of the weather or an accident, collision and comprehensive coverages will pay to restore your vehicle to like-new condition.

The benefits of insuring your car definitely exceed the cost, particularly when you have a large claim. The average driver in Pennsylvania is currently overpaying as much as $865 each year so smart consumers compare quotes once a year at a minimum to make sure the price is not too high.

Audi A8 insurance statistics and information

The coverage table below outlines detailed analysis of insurance prices for Audi A8 models. Being more informed about how auto insurance premiums are calculated can help drivers make decisions on the best policy coverages.

Table data assumes single male driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Pennsylvania minimum liability limits. Discounts applied include safe-driver, homeowner, claim-free, multi-vehicle, and multi-policy. Prices do not factor in specific location information which can influence coverage rates greatly.

Higher deductibles lower rates

A question often asked by Philadelphia drivers is how high should your deductibles be. The following insurance rates approximate the differences in premium rates when you buy lower versus higher physical damage coverage deductibles. The first data set uses a $250 comprehensive and collision deductible and the second set of prices uses a $1,000 deductible.

Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Pennsylvania minimum liability limits. Discounts applied include claim-free, multi-vehicle, safe-driver, multi-policy, and homeowner. Table data does not factor in specific Philadelphia garaging location which can impact rates greatly.

We can estimate from the data above that using a $250 deductible costs approximately $39 more each month or $468 a year across all Audi A8 models than choosing the higher $1,000 deductible. Due to the fact that you would have to pay $750 more out-of-pocket with a $1,000 deductible as compared to a $250 deductible, if you tend to go more than 19 months between claim filings, you would come out ahead by going with a higher deductible.

Drive responsibly or pay higher rates

The illustration below illustrates how speeding tickets and at-fault collisions can impact Audi A8 insurance costs for each different age group. The premium estimates are based on a single male driver, comp and collision included, $100 deductibles, and no discounts are applied.

Do you need full coverage?

The chart below shows the comparison of Audi A8 premium costs with liability coverage only compared to full coverage. Data assumes no driving violations, no at-fault accidents, $100 deductibles, single marital status, and no discounts are applied.

When to stop paying for full coverage

There is no exact rule to stop paying for full coverage on your policy, but there is a general guideline you can use. If the annual cost of your full coverage insurance is about 10% or more of replacement cost minus your deductible, then it might be time to consider dropping full coverage.

For example, let’s say your Audi A8 replacement value is $9,000 and you have $1,000 physical damage deductibles. If your vehicle is destroyed, you would only receive $8,000 after you pay the deductible. If premium cost is more than $800 a year for your policy with full coverage, then it could be time to drop full coverage.

There are a few situations where removing full coverage is not a good plan. If you haven’t paid off your loan, you have to carry full coverage to protect the lienholder’s interest in the vehicle. Also, if you don’t have enough money to buy a different vehicle in case of an accident, you should keep full coverage on your policy.

Reduce your car insurance rates with discounts

Auto insurance companies don’t always publicize all available discounts in a way that’s easy to find, so below is a list some of the more common in addition to some of the lesser obvious discounts that you can inquire about if you buy Philadelphia car insurance online.

• Active Military Service – Being deployed with a military unit can result in better prices.
• Driving Data Discount – Insureds that choose to allow their company to scrutinize their driving habits through the use of a telematics system such as State Farm’s In-Drive may get a rate reduction if they show good driving skills.
• Defensive Driver – Passing a course that instructs on driving safety is a good idea and can lower rates if your company offers it.
• Savings for New Vehicles – Adding a new car to your policy can get you a discount due to better safety requirements for newer vehicles.
• Claim-Free Discount – Drivers who don’t have accidents pay much less as compared to policyholders that have many claims.

Don’t be surprised that some of the credits will not apply to the overall cost of the policy. Most only apply to specific coverage prices like comprehensive or collision. So despite the fact that it appears all the discounts add up to a free policy, you’re out of luck.

The example below compares Audi A8 auto insurance rates with and without discounts applied to the policy rates. The costs are based on a male driver, a clean driving record, no claims, Pennsylvania state minimum liability limits, full physical damage coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, homeowner, claim-free, multi-policy, marriage, and safe-driver discounts applied.

To locate providers that offer multiple discounts in Philadelphia, click this link.

Insurance agents near you

Some consumers still prefer to sit down with an agent. Experienced insurance agents are trained to spot inefficiencies and help in the event of a claim. The biggest benefit of comparing rate quotes online is that you can find the lowest rates and also buy local.

After completing this short form, the coverage information is sent to insurance agents in Philadelphia who want to provide quotes for your business. There is no reason to drive around as quotes are delivered immediately to your email address. If you wish to quote rates from a particular provider, just navigate to their website and fill out their quote form.

Choosing the best insurance company needs to be determined by more than just a cheap price quote. Below are some questions you should ask.

• Do they offer accident forgiveness?
• If you are a high risk driver, do they have special markets for your coverage?
• If you have an accident, are you able to get your vehicle repaired at the shop of your choice?
• How much training do they have in personal risk management?
• What is the agency’s Better Business Bureau rating?
• Do they have adequate Errors and Omissions coverage? This protects you if they make a mistake.
• Are aftermarket or OEM parts used to repair vehicles?

When searching for a reputable agency, you should know the different agency structures and how they differ in how they quote coverages. Auto insurance policy providers can be classified as either exclusive agents or independent agents. Either one can sell and service auto insurance coverage, but it’s worth learning why they differ because it can factor into the selection process.

Exclusive Agencies

Agents in the exclusive channel work for only one company such as Farmers Insurance, State Farm, or Allstate. Exclusive agents cannot compare rates from other companies so they have no alternatives for high prices. Exclusive agents are very knowledgeable in insurance sales which helps them sell insurance even at higher premiums.

The following is a list of exclusive agencies in Philadelphia that are able to give comparison quotes.

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Independent Agents (or Brokers)

Agents in the independent channel often have many company appointments and that enables them to quote your coverage with lots of companies and help determine which has the cheapest rates. If prices rise, they simply move your policy to a different company which is easy for the insured.

When comparing rate quotes, you will definitely want to compare quotes from at least one independent agent in order to compare the most rates.

The following are Philadelphia independent insurance agents willing to provide price quotes.

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Upon getting good responses to your questions and a good coverage price, you may have found an auto insurance agent that meets your needs to properly insure your vehicles.

Compare auto insurance prices regularly to save

We just showed you a lot of information how to find cheap Audi A8 insurance in Philadelphia. It’s most important to understand that the more companies you get prices for, the better your chances of lowering your prices. Consumers could even find that the most savings is with a small mutual company. Smaller companies can often provide lower prices in certain areas than the large multi-state companies such as GEICO and State Farm.

There are still a few companies who may not have the ability to get quotes online and these smaller companies sell through independent agents. Cheap Audi A8 insurance in Philadelphia can be found on the web and from local agencies, and you should compare price quotes from both to have the best rate selection.

Much more information about auto insurance in Pennsylvania is located below:

• Older Driver Statistics (Insurance Information Institute)
• How Much is Car Insurance for Drivers with Bad Credit in Philadelphia? (FAQ)
• How Much are Auto Insurance Quotes for a 20 Year Old Female in Philadelphia? (FAQ)
• Who Has the Cheapest Auto Insurance for State Employees in Philadelphia? (FAQ)
• Driving in Bad Weather (Insurance Information Institute)
• Choosing an Insurance Company (Insurance Information Institute)