Trying to find cheap Audi A8 insurance in Miami could be quite difficult for drivers who are new to online rate comparisons. There are so many different companies and agents to choose from that it can turn into a real hassle to find better prices on Audi A8 insurance.
It’s a known fact that auto insurance companies don’t want you quoting rates from other companies. Consumers who get price quotes annually will probably buy a different policy because they have good chances of finding coverage at a cheaper rate. A recent survey found that drivers who faithfully checked for cheaper rates saved about $70 a month compared to those who never shopped around for cheaper prices.
If finding discount rates on insurance is the reason you’re reading this, then having a good understanding the best way to compare auto insurance can make it easier to shop your coverage around.
Consumers should take time to do rate comparisons quite often because insurance prices change regularly. Just because you had the lowest price on Audi A8 insurance in Miami on your last policy you can probably find a better rate now. Forget anything you know (or think you know) about insurance because we’re going to show you the tricks you need to know to find better rates and still maintain coverage.
If you are insured now, you stand a good chance to be able to get lower rates using these tips. The goal of this article is to teach you the best methods to compare rates. But Florida car owners must understand how insurance companies market on the web.
How to compare free Miami Audi A8 insurance quotes
Most of the larger companies such as State Farm and Allstate make it easy to get price estimates direct online. Getting online quotes for Audi A8 insurance in Miami is quite simple as you just enter the coverages you want into the form. After you complete the form, the company’s rating system sends out for reports for credit and driving violations and gives you a price quote based on the data you entered.
Getting online price quotes for Audi A8 insurance in Miami simplifies rate comparisons, and it’s absolutely necessary to perform this step if you want to find the cheapest price on insurance.
To find out how much you can save on insurance, take a look at the companies shown below. If you have coverage now, it’s recommended you input the insurance coverages exactly as they are listed on your policy. Doing this assures you will be getting an apples-to-apples comparison based on similar coverages.
The companies in the list below are ready to provide free quotes in Miami, FL. If multiple companies are listed, it’s highly recommended you visit two to three different companies to find the cheapest car insurance rates.
Audi A8 coverage statistics
The data table below covers detailed analysis of insurance coverage prices for Audi A8 models. Knowing how premiums are figured is important for drivers to make informed decisions when shopping around for a new policy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| A8 4.2 Quattro 4-Dr Sedan | $468 | $1088 | $438 | $26 | $132 | $2,152 | $179 |
| A8 4.2L Quattro 4-Dr Sedan | $508 | $1202 | $438 | $26 | $132 | $2,306 | $192 |
| Get Your Own Custom Quote Go | |||||||
Prices based on married female driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Florida minimum liability limits. Discounts applied include multi-policy, homeowner, multi-vehicle, claim-free, and safe-driver. Estimates do not factor in vehicle garaging location which can impact insurance rates significantly.
Deductible analysis
One of the hardest decisions when shopping for auto insurance is how high should your deductibles be. The comparisons below may help to conceptualize the difference in cost when you choose different coverage deductibles. The first pricing table uses a $250 deductible for comprehensive and collision coverage and the second rate table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| A8 4.2 Quattro 4-Dr Sedan | $488 | $930 | $418 | $24 | $124 | $2,009 | $167 |
| A8 4.2L Quattro 4-Dr Sedan | $530 | $1028 | $418 | $24 | $124 | $2,149 | $179 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| A8 4.2 Quattro 4-Dr Sedan | $302 | $586 | $418 | $24 | $124 | $1,454 | $121 |
| A8 4.2L Quattro 4-Dr Sedan | $328 | $646 | $418 | $24 | $124 | $1,540 | $128 |
| Get Your Own Custom Quote Go | |||||||
Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Florida minimum liability limits. Discounts applied include multi-policy, multi-vehicle, homeowner, claim-free, and safe-driver. Rate quotes do not factor in specific location which can modify rates substantially.
Based on these figures, using a $250 deductible could cost the average driver approximately $48 more each month or $576 every year than quoting the higher $1,000 deductible. Since you would have to pay $750 more out of your own pocket with a $1,000 deductible as compared to a $250 deductible, if you tend to have at a minimum 16 months between claim filings, you would more than likely save some money if you opt for a higher deductible.
How to calculate deductible break even period
| Average monthly premium for $250 deductibles: | $173 |
| Average monthly premium for $1,000 deductibles (subtract): | – $125 |
| Monthly savings from raising deductible: | $48 |
| Difference between deductibles ($1,000 – $250): | $750 |
| Divide difference by monthly savings: | $750 / $48 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 16 months |
One thing to be aware of is that raising deductibles to save money results in more money out-of-pocket when you have to file a claim. You must have enough savings in order to pay the deductible.
Comparison of auto insurance rates by gender and age in Miami
The illustration below illustrates the comparison of Audi A8 auto insurance rates for male and female drivers. The data assumes a clean driving record, no claims, comp and collision included, $1,000 deductibles, single marital status, and no discounts are factored in.
Cost comparison with and without full coverage
The illustration below shows the difference between Audi A8 auto insurance rates with and without full coverage. The rate quotes are based on no accidents or driving violations, $1,000 deductibles, drivers are not married, and no discounts are applied.
Deciding between full coverage and liability only
There isn’t a written rule for excluding physical damage insurance, but there is a general school of thought. If the yearly cost of full coverage is more than around 10% of the replacement cost minus the deductible, then it might be time to buy liability only.
For example, let’s say your Audi A8 replacement value is $3,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled in an accident, the most you would receive is $2,000 after paying your policy deductible. If it’s costing in excess of $200 a year to have full coverage, then you might consider buying liability only.
There are a few situations where dropping physical damage coverage is not a good plan. If you haven’t paid off your loan, you have to maintain full coverage as part of the loan conditions. Also, if your finances do not allow you to purchase a different vehicle if your current one is totaled, you should keep full coverage on your policy.
Protect your Audi vehicle and other assets
Despite the high cost of buying insurance for a Audi A8 in Miami, insurance is required in Florida but it also protects you in many ways.
First, most states have mandatory insurance requirements which means state laws require a specific minimum amount of liability protection in order to drive the car. In Florida these limits are 10/20/10 which means you must have $10,000 of bodily injury coverage per person, $20,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
Second, if your vehicle has a loan, almost every bank will make it a condition of the loan that you buy insurance to guarantee loan repayment. If you default on your policy, the bank or lender will purchase a policy for your Audi at an extremely high rate and require you to fork over for it.
Third, auto insurance preserves not only your car but also your financial assets. Insurance will also pay for medical bills incurred in an accident. One policy coverage, liability insurance, also covers all legal expenses up to the policy limit in the event you are sued. If your car is damaged in a storm or accident, comprehensive and collision coverage will cover the damage repairs after a deductible is paid.
The benefits of having auto insurance outweigh the cost, especially when you need to use it. Today the average American driver is overpaying over $750 every year so compare quotes from several companies at every renewal to help ensure money is not being wasted.
Audi A8 Insurance Rates Can Be Cheaper
It’s important that you understand a few of the rating criteria that go into determining your insurance rates. When you know what positively or negatively positively or negatively impacts your premiums, this allows you to make educated decisions that can help you get lower insurance prices. Many factors are considered when pricing auto insurance. Most are fairly basic such as traffic violations, but other criteria are not quite as obvious like where you live or your commute time.
- Use but don’t abuse your insurance – If you are a frequent claim filer, don’t be surprised to see either a policy non-renewal or much higher rates. Companies in Florida provide most affordable rates to drivers who do not rely on their insurance for small claims. Your insurance policy is meant to be used in the event of more catastrophic claims.
- Choose high safety ratings and save – Cars with five star safety ratings can get you lower premiums. Vehicles engineered for safety reduce injuries and reduced instances of injuries means your insurance company pays less and thus lower rates. If your Audi A8 earned at least four stars on Safercar.gov it may be receiving lower rates.
- Lower prices with no policy lapses – Driving any period of time without insurance is a big no-no and you may have a hard time finding new coverage because you let your coverage lapse. Not only will you pay more, getting caught without coverage could result in a fine, jail time, or a revoked license. You may need to submit proof of financial responsibility or a SR-22 with the Florida DMV.
- Don’t cut corners with liability insurance – Liability coverage kicks in if ever you are ruled to be at fault for causing personal injury or damage in an accident. It provides legal defense coverage to attempt to prove you were not liable. Liability insurance is pretty cheap when compared to the cost of physical damage coverage, so drivers should make sure they buy enough to cover all assets.
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Audi A8 insurance loss probability – Insurers use past insurance losses when they set coverage costs for each model. Vehicles that have higher claim frequency or loss amount will cost more to insure. The next table shows the actual insurance loss data for Audi A8 vehicles.
For each coverage category, the loss probability for all vehicles, regardless of make, model or trim level, is considered to be 100. Values below 100 imply a favorable loss record, while numbers above 100 indicate a higher chance of having a claim or statistically larger losses.
Audi A8 Insurance Claim Statistics Vehicle Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury Audi A8 4dr 4WD 289 108 261 Audi A8L 4dr 4WD 300 88 279 62 BETTERAVERAGEWORSEEmpty fields indicate not enough data collected
Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Take advantage of these rate reducing discounts
Car insurance is neither fun to buy or cheap, but there may be some discounts that could drop your premiums quite a bit. Many discounts should be triggered when you get a quote, but a few must be manually applied before being credited.
- Military Discounts – Having an actively deployed family member could mean lower prices.
- Driver’s Ed – It’s a good idea to have your young drivers take driver’s ed class if it’s offered in school.
- Multiple Cars – Buying coverage for more than one vehicle with the same company may reduce the rate for each vehicle.
- Paperwork-free – A handful of larger companies will give you a small discount for completing your application over the internet.
- Home Ownership Discount – Owning your own home or condo may trigger a policy discount on car insurance due to the fact that maintaining a home is proof that your finances are in order.
- Good Grades Discount – This discount may save as much as 25% on a Miami car insurance quote. This discount can apply up to age 25.
- Distant Student Discount – College-age children who are enrolled in higher education away from home and do not have a car could qualify for this discount.
It’s important to understand that many deductions do not apply to the overall cost of the policy. Most only cut specific coverage prices like liability and collision coverage. Even though the math looks like you could get a free car insurance policy, you’re out of luck.
The diagram below compares Audi A8 premium costs with and without some available policy discounts. The price estimates are based on a female driver, no claims or violations, Florida state minimum liability limits, full physical damage coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, marriage, multi-car, claim-free, multi-policy, and homeowner discounts applied.
A partial list of companies that may offer quotes with some of the above discounts possibly include:
When getting a coverage quote, ask all companies you are considering which discounts they offer. Some discounts listed above may not be available in Miami.
Neighborhood Miami auto insurance agents
Certain consumers just want to sit down with an agent and doing so can bring peace of mind One of the best bonuses of comparing rates online is you can get cheap insurance quotes and still have a local agent.
To help locate an agent, after submitting this simple form, your insurance data is immediately sent to participating agents in Miami who will give you bids and help you find cheaper coverage. There is no need to do any legwork because prices are sent to your email. It’s the lowest rates and a licensed agent to work with. In the event you want to compare prices from a specific company, don’t hesitate to jump over to their website and complete a quote there.
Selecting an insurance company requires more thought than just a cheap price quote. You should also get answers to these questions.
- Do you need full coverage on every vehicle?
- Do they have 24-hour customer assistance?
- Is coverage determined by price?
- Can you choose the body shop in case repairs are needed?
- Do they have adequate Errors and Omissions coverage? This protects you if they make a mistake.
Two different types of auto insurance agents
When researching local Miami agents, there are two types of insurance agents and how they differ in how they can insure your vehicles. Agents in Miami are considered either exclusive or independent (non-exclusive).
Exclusive Insurance Agencies
Agents that elect to be exclusive write business for a single company and examples are State Farm, Allstate and AAA. Exclusive agents are unable to provide other company’s prices so keep that in mind. Exclusive agents are usually well trained on the products they sell and that can be a competitive advantage. A lot of people use the same exclusive agent primarily because of loyalty to the company instead of buying on price only.
Shown below is a short list of exclusive insurance agents in Miami that are able to give price quote information.
- Clark Alvarado – State Farm Insurance Agent
5209 NW 36th St – Miami Springs, FL 33166 – (305) 887-9543 – View Map - Allstate Insurance: Pamela Brumer
141 Alton Rd – Miami Beach, FL 33139 – (305) 531-1223 – View Map - State Farm: Carlos Luis
6001 Bird Rd – Miami, FL 33155 – (305) 663-2300 – View Map
Independent Agencies or Brokers
Agents that elect to be independent do not sell for just one brand and that enables them to quote your coverage with any number of different companies and get the cheapest rates. If you are not satisfied with one company, your agent can switch companies without you having to go to a different agency.
When comparing rates, you should always get several quotes from a couple of independent agencies so that you can do a thorough price comparison. Many independent agencies also insure through small mutual carriers which may provide better rates.
The following is a list of independent agencies in Miami willing to provide comparison quotes.
- Leading Insurance Agency
1733 SW 22nd St – Miami, FL 33145 – (305) 857-0075 – View Map - AV Insurance Agency Inc
2497 NW 79th St – Miami, FL 33147 – (305) 696-2291 – View Map - Ekono Insurance Agency
11626 NE 2nd Ave – Miami, FL 33161 – (305) 757-6767 – View Map
Once you have answers to your satisfaction to any questions you may have and locked in a price quote, it’s possible that you found an insurance agent that meets your needs to provide insurance coverage.
One last note
We just presented many ideas to shop for Audi A8 insurance online. It’s most important to understand that the more providers you compare, the better your chances of lowering your auto insurance rates. You may even find the lowest priced car insurance comes from an unexpected company.
People leave their current company for any number of reasons including poor customer service, lack of trust in their agent, being labeled a high risk driver or high rates after DUI convictions. It doesn’t matter what your reason, finding a new car insurance company can be pretty painless.
When getting Miami car insurance quotes online, it’s a bad idea to buy lower coverage limits just to save a few bucks. Too many times, an accident victim reduced physical damage coverage only to discover later that the few dollars in savings costed them thousands. Your strategy should be to buy enough coverage at the best price but still have enough coverage for asset protection.
How to find cheaper Audi A8 insurance in Miami
It takes a few minutes, but the best way to find lower priced auto insurance rates in Miami is to start comparing prices regularly from providers in Florida. You can shop around by following these guidelines.
First, spend a few minutes and learn about how auto insurance works and the steps you can take to keep rates low. Many rating factors that result in higher rates like traffic violations, accidents, and a bad credit rating can be remedied by making lifestyle changes or driving safer.
Second, quote rates from direct, independent, and exclusive agents. Direct companies and exclusive agencies can give quotes from one company like GEICO or State Farm, while agents who are independent can quote prices from multiple insurance companies. Begin your rate comparison
Third, compare the price quotes to your existing coverage to see if you can save by switching companies. If you can save some money, ensure there is no coverage lapse between policies.
The most important part of shopping around is that you’ll want to make sure you compare the same amount of coverage on each quote request and and to look at as many different insurance providers as possible. Doing this provides a level playing field and maximum price selection.
More detailed car insurance information can be read in these articles:
- What is Covered by an Auto Insurance Policy? (Insurance Information Institute)
- What Auto Insurance is Cheapest for Safe Drivers in Miami? (FAQ)
- What Insurance is Cheapest for a Hyundai Elantra in Miami? (FAQ)
- What Insurance is Cheapest for State Employees in Miami? (FAQ)
- Who Has Affordable Auto Insurance Quotes for Single Moms in Miami? (FAQ)
- Who Has Cheap Miami Auto Insurance Quotes for a Toyota Corolla? (FAQ)
- Auto Crash Statistics (Insurance Information Institute)
- What is a Telematics Device? (Allstate)