Tired of paying out the nose to make your insurance payment? You’re in the same situation as millions of other consumers.
A recent insurance study discovered that nearly 70% of drivers kept buying from the same company for a minimum of four years, and practically 40% of insurance customers have never compared rates to find affordable insurance. Consumers in Atlanta could cut their rates by up to 60% a year just by comparing rates, but most tend to underestimate how much they could save if they replace their high priced policy. Since consumers have many insurance companies to choose from, it is hard for the average consumer to locate the cheapest insurance provider.
Smart consumers take time to take a look at other company’s rates once or twice a year because insurance rates fluctuate regularly. Despite the fact that you may have had the lowest premium rates on Audi A8 insurance in Atlanta a year ago you can probably find a better price now. Block out anything you think you know about insurance because I’m going to let you in on the secrets to the tricks you need to know to find better coverage on Audi A8 insurance in Atlanta at a better price.
Getting a cheaper price on Audi A8 insurance can be relatively painless. You just have to invest a few minutes getting comparison quotes from some recommended companies.
Getting price quotes online is very simple and it makes it obsolete to go to each insurance agency near you. Doing it all online has made agencies unnecessary unless you have a need for the advice and guidance of a local Atlanta agent. It is possible to get the lowest quotes online but buy from a local insurance agent.
The following companies can provide price comparisons in Atlanta, GA. If the list has multiple companies, it’s highly recommended you compare several of them in order to get a fair rate comparison.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|A8 4.2 Quattro 4-Dr Sedan||$360||$746||$378||$22||$114||$1,620||$135|
|A8 4.2L Quattro 4-Dr Sedan||$634||$1156||$516||$30||$154||$2,490||$208|
|Get Your Own Custom Quote Go|
Premium data assumes single male driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Georgia minimum liability limits. Discounts applied include multi-vehicle, safe-driver, claim-free, multi-policy, and homeowner. Information does not factor in specific location information which can change coverage rates considerably.
Rate comparison of full coverage and liability-only
The example below visualizes the comparison of Audi A8 yearly insurance costs with full coverage and liability only. The price estimates are based on no accidents, no driving violations, $250 deductibles, single female driver, and no other discounts are factored in.
When to stop buying comprehensive and collision coverage
There is no exact rule of when to exclude full coverage on your policy, but there is a general guideline you can use. If the annual cost of comprehensive and collision coverage is about 10% or more of replacement cost minus your deductible, then it’s probably a good time to buy liability coverage only.
For example, let’s assume your Audi A8 replacement value is $4,000 and you have $1,000 deductibles. If your vehicle is totaled, the most your company would pay you is $3,000 after you pay the deductible. If you are paying over $300 a year for physical damage coverage, then you may want to consider only buying liability coverage.
There are some circumstances where only buying liability is not a good plan. If you still owe a portion of the original loan, you have to keep full coverage as part of the loan conditions. Also, if you don’t have enough money to buy a different vehicle in the even your car is totaled, you should not consider dropping full coverage.
Impact of speeding/accidents on car insurance rates
The example below demonstrates how citations and fender-benders can influence Audi A8 insurance premiums for different ages of insureds. The rate quotes are based on a married male driver, full coverage, $250 deductibles, and no policy discounts are applied.
Men versus women drivers and insurance cost
The information below illustrates the comparison of Audi A8 premium costs for male and female drivers. The premium estimates are based on no tickets, no at-fault accidents, full coverage, $500 deductibles, marital status is single, and no discounts are applied.
Check for these discounts on Audi A8 insurance in Atlanta
Car insurance companies don’t necessarily list all discounts in an easy-to-find place, so the next list breaks down a few of the more well known and the harder-to-find credits available to you.
- 55 and Retired – Seniors may qualify for lower premium rates.
- Fewer Miles Equal More Savings – Keeping the miles down on your Audi may enable drivers to earn better car insurance rates on cars that stay parked.
- Own a Home and Save – Just being a homeowner can save a few bucks because of the fact that having a home requires a higher level of personal finance.
- Driver Safety – Completing a defensive driving course could possibly earn you a 5% discount depending on where you live.
- Anti-lock Brakes – Anti-lock brake equipped vehicles can avoid accidents and earn discounts up to 10%.
Just know that many deductions do not apply to all coverage premiums. Some only reduce the price of certain insurance coverages like liability, collision or medical payments. Despite the fact that it seems like all those discounts means the company will pay you, nobody gets a free ride.
A few of the larger companies and some of the premium reductions they offer can be read below.
- GEICO offers discounts for military active duty, emergency military deployment, membership and employees, air bags, and multi-vehicle.
- MetLife has discounts for good driver, good student, claim-free, multi-policy, accident-free, and defensive driver.
- Progressive has savings for good student, continuous coverage, online quote discount, multi-vehicle, homeowner, and online signing.
- Travelers offers premium reductions for home ownership, multi-car, early quote, student away at school, and multi-policy.
- SAFECO includes discounts for safe driver, accident prevention training, teen safety rewards, teen safe driver, and homeowner.
- AAA discounts include AAA membership discount, education and occupation, pay-in-full, multi-policy, multi-car, good student, and anti-theft.
Double check with each insurance company to apply every possible discount. All car insurance discounts may not apply in your state. If you would like to choose from a list of providers with discount rates in Atlanta, click here.
Auto insurance does more than just protect your car
Despite the high insurance cost for a Audi A8 in Atlanta, maintaining insurance may not be optional for several reasons.
First, the majority of states have compulsory liability insurance requirements which means it is punishable by state law to not carry specific limits of liability coverage in order to drive the car legally. In Georgia 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 you took out a loan on your A8, it’s most likely the lender will have a requirement that you buy full coverage to protect their interest in the vehicle. If you cancel or allow the policy to lapse, the bank may insure your Audi at a much higher rate and require you to fork over for the much more expensive policy.
Third, insurance safeguards both your assets and your Audi. It will also provide coverage for medical bills that are the result of an accident. Liability coverage also pays for attorney fees and expenses if you are sued as the result of an accident. If your car is damaged in a storm or accident, your policy will pay all costs to repair after the deductible has been paid.
The benefits of having auto insurance definitely exceed the cost, particularly if you ever have a claim. Today the average American driver is wasting up to $750 every year so compare quotes from several companies each time the policy renews to help ensure money is not being wasted.
Everyone needs different car insurance coverages
When quoting and choosing the right insurance coverage, there really is not a one size fits all plan. Your situation is unique.
For example, these questions can help discover if your insurance needs will benefit from professional help.
- Should I buy more coverage than the required Georgia minimum liability coverage?
- Am I covered if my car is in a flood?
- Do I have coverage if I rent a car in Mexico?
- Which companies are cheaper for teen drivers?
- Is business equipment covered while in my vehicle?
- Do I really need UM/UIM coverage?
If you’re not sure about those questions, then you may want to think about talking to an agent. If you want to speak to an agent in your area, take a second and complete this form. It is quick, free and can help protect your family.
Independent versus exclusive insurance agents
Some consumers just prefer to get professional advice from a licensed agent and that is not a bad decision Licensed agents are trained to spot inefficiencies and help you file claims. An additional benefit of comparing insurance prices online is you may find cheaper rates and still have an agent to talk to. Buying insurance from local agencies is important particularly in Atlanta.
Once you complete this simple form, your insurance data is instantly submitted to local insurance agents in Atlanta that can provide free Atlanta car insurance quotes to get your business. It simplifies rate comparisons since you won’t have to leave your house since price quotes are sent directly to you. In the event you want to quote rates from one company in particular, you just need to go to their quote page to submit a rate quote request.
When looking for local Atlanta agents, it’s helpful to know the types of insurance agents to choose from. Auto insurance agencies are classified as either independent agents or exclusive agents depending on their employer. Both types can sell auto insurance policies, but it’s a good idea to understand the difference in the companies they write for since it can affect your selection of an agent.
Independent Auto Insurance Agents
Agents that elect to be independent are not limited to a single company and that allows them to write policies amongst many companies depending on which coverage is best. To transfer your coverage to a different company, they simply switch companies in-house and you stay with the same agent. If you need lower rates, we recommend you contact independent agents to maximize your price options.
Shown below is a partial list of independent insurance agencies in Atlanta that can give you free price quotes.
Discount Auto Insurance Agency Inc
1149 Moreland Ave SE # 4 – Atlanta, GA 30316 – (404) 624-3102 – View Map
Exclusive agencies work for only one company and some examples include AAA, Allstate, and State Farm. They are unable to compare rates from other companies so it’s a take it or leave it situation. Exclusive insurance agents are well trained on sales techniques and that allows them to sell at a higher price point.
Listed below are Atlanta exclusive agencies that are able to give price quotes.
Deciding on an car insurance agent requires more thought than just a cheap quote. A good agent in Atlanta will have answers to these questions.
- What companies can they write with?
- If they are an independent agency in Atlanta, which companies do they recommend?
- Will their companies depreciate repairs to your car based on the mileage?
- Do they specialize in personal lines coverage in Atlanta?
- Does the agent have professional designations like CIC, CPCU or AIC?
- Will one accident increase rates?
- Is coverage determined by price?
- Will they give you a referral list?
If you receive good feedback to your questions and locked in a price quote, chances are good that you have found an auto insurance agent that meets the criteria to properly service your auto insurance policy. But keep in mind policyholders can cancel a policy whenever you wish so don’t feel you are locked into the auto insurance policy indefinitely.