A recent study showed that over 70% of Ohio drivers have been with the same company for more than four years, and practically 40% of insurance customers have never compared rates to find lower-cost insurance. With the average premium in the United States being $1,847, drivers could save almost 46.5% every year by just comparing quotes, but they just don’t understand the amount of money they would save if they swap their current policy for a cheaper one.
The recommended way to get the cheapest car insurance rates is to compare prices once a year from insurance carriers that insure vehicles in Columbus.
Step 1: Try to comprehend what coverages are included in your policy and the things you can control to keep rates in check. Many things that drive up the price like multiple speeding tickets and poor credit can be eliminated by being financially responsible and driving safely. Continue reading for ideas to get better rates and earn larger discounts.
Step 2: Obtain price quotes from independent agents, exclusive agents, and direct companies. Direct companies and exclusive agencies can only give prices from a single company like GEICO and State Farm, while independent agencies can quote prices from multiple companies.
Step 3: Compare the new rate quotes to your existing policy and see if there is a cheaper rate. If you can save some money and make a switch, make sure there is no lapse between the expiration of your current policy and the new one.
A valuable tip to remember is that you use identical coverages on each quote and and to get price estimates from as many different companies as possible. This provides an apples-to-apples comparison and the best price selection.
Locating the best insurance company for you in Columbus is easy if you know what you’re doing. If you have insurance now or just want cheaper rates, you can use these tips to buy cheaper car insurance without reducing coverage. Drivers just have to learn the proper methods to shop for car insurance online.
The quickest method we recommend to get policy rate comparisons for Audi S8 insurance in Columbus is to know car insurance companies provide online access to compare their rates. The one thing you need to do is take a few minutes to give details including level of coverage desired, whether the vehicles are used for commuting, what you do for a living, and types of safety features. That rating data is instantly sent to insurance companies and they return quotes very quickly.
To check Audi S8 insurance prices now, click here and enter your coverage details.
The providers in the list below provide free rate quotes in Ohio. If more than one company is shown, it’s a good idea that you get price quotes from several of them in order to get a fair rate comparison.
How Your S8 Insurance Prices are Determined
A large part of saving on car insurance is knowing some of the elements that are used to determine the level of your policy premiums. When you understand what influences your rates, this helps enable you to make changes that can earn you big savings.
Listed below are some of the things utilized by car insurance companies to help set your rates.
Premiums are lower the older you get – Drivers with little experience have a tendency to be inattentive when driving therefore car insurance rates are much higher. Older, more experienced drivers have been proven to be more responsible, cost insurance companies less in claims, and are safer drivers.
Do women or men drive better? – Statistics demonstrate women tend to be less risk to insure than men. It does not mean men are worse drivers. Females and males cause auto accidents in similar numbers, but guys tend to have more serious accidents. They also get ticketed for serious violations like reckless driving and DUI.
Safer vehicles means better premiums – Vehicles that have high safety ratings can get you lower premiums. Highly rated vehicles protect occupants better and better occupant protection means less claims paid and cheaper rates on your policy.
Premiums impacted by vehicle usage – The higher the mileage driven each year the higher the price you pay to insure it. The majority of insurers price each vehicle’s coverage based upon how you use the vehicle. Cars and trucks used primarily for pleasure use qualify for better rates as compared to vehicles used primarily for driving to work. Improper usage on your S8 may be costing you. It’s always a good idea to double check that your car insurance coverage is showing the proper vehicle usage.
Raise physical damage deductibles and save – Insurance for physical damage to your car, aka comp and collision, protects your Audi from damage. A few examples of covered claims could be collision with another vehicle, damage caused by hail, and damage caused by flying debris. Your deductibles tell how much you are willing to pay before a claim is paid by your company. The more expense you are required to pay out-of-pocket, the less your company will charge you for insurance.
GPS tracking and theft deterrents reduce car insurance rates – Driving a car with advanced anti-theft systems can earn a premium discount. Theft prevention features like OnStar, LoJack tracking, and tamper alarms all hinder car theft and help bring rates down.
Claim-free discounts can add up – If you file claims often, you shouldn’t be surprised to get much higher rates or policy non-renewal. Car insurance companies in Ohio generally give most affordable rates to insureds who do not file claims often. Auto insurance is intended to be relied upon for the bigger claims that can’t be paid out-of-pocket.
Audi S8 insurance claim data – Companies analyze claim trends for every vehicle when they set coverage costs for each model. Models that the data determines to have higher loss trends will cost more for specific coverages. The table below outlines the historical loss data for Audi S8 vehicles.
For each policy coverage type, the claim amount for all vehicles, regardless of manufacturer or model, is a value of 100. Values under 100 indicate better than average losses, while percentages above 100 indicate frequent claims or a tendency for losses to be larger than average.
| Vehicle Make and Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Audi S8 4dr 4WD | 288 | 266 |
Empty fields indicate not enough data collected
Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Three reasons to not skimp on auto insurance
Despite the potentially high cost of Audi S8 insurance, buying auto insurance is required by state law in Ohio and it also provides benefits you may not be aware of.
First, just about all states have compulsory liability insurance requirements which means you are required to carry a specific level of liability protection in order to drive the car. In Ohio these limits are 25/50/25 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
Second, if your S8 has a loan, it’s guaranteed your bank will make it mandatory that you have comprehensive coverage to ensure loan repayment if the vehicle is totaled. If coverage lapses or is canceled, the lender may have to buy a policy to insure your Audi for a lot more money and require you to reimburse them for the much more expensive policy.
Third, auto insurance preserves both your car and your assets. It also can pay for all forms of medical expenses for you, any passengers, and anyone injured in an accident. One policy coverage, liability insurance, will also pay to defend you if you cause an accident and are sued. If your Audi gets damaged, comprehensive (other-than-collision) and collision coverage will cover the damage repairs after a deductible is paid.
The benefits of buying enough insurance are definitely more than the cost, particularly for liability claims. The average driver in Ohio is overpaying more than $869 every year so smart consumers compare quotes at every policy renewal to help ensure money is not being wasted.