How to Compare El Paso Audi A8 Insurance

Insurance for Audi A8Searching for better insurance prices for a new or used Audi A8 in Texas can turn out to be difficult, but you can use the following methods to find lower rates.

There is a better way to shop for auto insurance so we’re going to tell you the quickest way to get price quotes on a Audi and locate the best price possible from El Paso insurance agents and online providers.

Audi A8 insurance rates and statistics

The information displayed below outlines estimates of insurance policy prices for Audi A8 models. Being more informed about how rates are established can aid in making smart choices when purchasing an auto insurance policy.

Audi A8 Insurance Rates in El Paso, TX
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
A8 4.2 Quattro 4-Dr Sedan $264 $604 $496 $30 $148 $1,542 $129
A8 4.2L Quattro 4-Dr Sedan $286 $666 $496 $30 $148 $1,626 $136
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Table data assumes single female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Texas minimum liability limits. Discounts applied include claim-free, safe-driver, multi-policy, homeowner, and multi-vehicle. Price information does not factor in vehicle location which can lower or raise prices noticeably.

Should you raise deductibles?

One of the hardest decisions when shopping for auto insurance is which comprehensive and collision deductibles to buy. The rates below may help you to understand the rate fluctuation when you choose different physical damage deductibles. The first pricing table uses a $100 physical damage deductible and the second set of rates uses a $1,000 deductible.

Audi A8 insurance premium estimates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
A8 4.2 Quattro 4-Dr Sedan $496 $1014 $382 $22 $114 $2,053 $171
A8 4.2L Quattro 4-Dr Sedan $538 $1120 $382 $22 $114 $2,201 $183
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Audi A8 insurance premium estimates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
A8 4.2 Quattro 4-Dr Sedan $276 $534 $382 $22 $114 $1,328 $111
A8 4.2L Quattro 4-Dr Sedan $298 $590 $382 $22 $114 $1,406 $117
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Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include claim-free, multi-vehicle, safe-driver, homeowner, and multi-policy. Estimates do not factor in specific garaging location which can affect prices noticeably.

Using the data above, we can ascertain that using a $100 deductible will cost in the ballpark of $63 more each month or $756 annually than requesting the higher $1,000 deductible. Since you would have to pay $900 more if you turn in a claim with a $1,000 deductible as compared to a $100 deductible, if you tend to go at a minimum 14 months between claim filings, you would probably be better off if you opt for a higher deductible.

Audi A8 liability-only versus full coverage

The illustration below illustrates the difference between Audi A8 premium costs with and without full coverage. The premiums are based on no driving violations, no at-fault accidents, $100 deductibles, single marital status, and no other discounts are factored in.

When to drop full coverage

There isn’t a written rule for excluding full coverage on your policy, but there is a general school of thought. If the annual cost of your full coverage insurance is more than around 10% of the replacement cost of your vehicle minus the policy deductible, then you might want to think about dropping full coverage.

For example, let’s assume your Audi A8 replacement cost is $5,000 and you have $1,000 policy deductibles. If your vehicle is damaged in an accident, the most your company would pay you is $4,000 after paying the physical damage deductible. If you are currently paying more than $400 annually for comprehensive and collision coverage, then it might be time to consider dropping full coverage.

There are a few situations where removing full coverage is not financially feasible. If you still have a loan on your vehicle, you must maintain physical damage coverage in order to keep the loan. Also, if you cannot afford to purchase a different vehicle if your current one is in an accident, you should keep full coverage on your policy.

Smart Consumers Save Money

Consumers need to have an understanding of some of the factors that come into play when calculating your car insurance rates. If you understand what impacts premium levels, this allows you to make educated decisions that will entitle you to better car insurance rates. Many factors are part of the equation when pricing auto insurance. Some of the criteria are obvious like your driving record, but others are less apparent like your continuous coverage or your financial responsibility.

Coverage lapses raise rates – Driving any period of time without insurance is not a good idea and any future policy may cost more because you let your insurance expire. Not only will you pay more, being ticketed for driving with no insurance may earn you a license revocation or jail time. You may then be required to file a SR-22 with the Texas motor vehicle department to get your license reinstated.

Experienced drivers pay less – Older people are shown to be more cautious, cause fewer claims and accidents, and are safer drivers. Beginning drivers are statistically shown to be easily distracted with other occupants in the car therefore car insurance rates are much higher.

The following data assumes a single driver, full coverage with $100 deductibles, and no discounts or violations.

Drive fewer miles and save – Driving a lot of miles in a year’s time the higher the price you pay to insure it. Almost all companies calculate rates based upon how you use the vehicle. Vehicles not used for work or commuting get more affordable rates compared to those used for work or business. Make sure your policy reflects the correct driver usage. Having an incorrect usage rating on your A8 can cost quite a bit.

Better drivers pay less – A bad driving record impacts premiums far more than you think. Drivers who don’t get tickets tend to pay less for car insurance compared to bad drivers. Having a single speeding ticket or other violation may increase your cost by twenty percent. Drivers with severe violations like reckless driving or DUI might be required by their state to submit a SR-22 or proof of financial responsibility with their state in order to prevent a license revocation.

The information below demonstrates how citations and at-fault collisions can raise Audi A8 insurance premiums for different age groups. The data assumes a married male driver, comp and collision included, $1,000 deductibles, and no other discounts are factored in.

You may save more by combining policies – Most companies give better rates for people who carry more than one policy in the form of a multi-policy discount. Even if you’re getting this discount it’s still a good idea to compare other company rates to verify if the discount is saving money.

Gals pay lower premiums – Over time, data shows women tend to be less risk to insure than men. Now that doesn’t mean females are better at driving than males. Both sexes get in fender benders in similar percentages, but the males have costlier accidents. Men also statistically get more serious tickets such as DWI and reckless driving.

The illustration below visualizes the comparison of Audi A8 insurance rates for male and female drivers. The price estimates are based on no claims or driving citations, full physical damage coverage, $100 deductibles, drivers are single, and no policy discounts are applied.

Audi A8 insurance loss probability – Auto insurance companies use statistical claims data when they set coverage costs for each model. Models that the data determines to have higher loss trends will have a higher premium rate. The next table shows the loss history for Audi A8 vehicles.

For each policy coverage, the loss probability for all vehicles, without regard to make or model, is a value of 100. Values under 100 suggest a positive loss record, while numbers above 100 show a trend for more claims or an increased likelihood of larger losses.

Audi A8 Insurance Loss Statistics
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

Empty fields indicate not enough data collected
Statistics from for 2013-2015 Model Years

Best auto insurance in Texas

Buying coverage from a highly-rated auto insurance company is difficult considering how many choices drivers have in Texas. The information listed below could help you decide which coverage providers to look at comparing rates from.

Top 10 El Paso Car Insurance Companies Overall

  1. Travelers
  2. USAA
  3. Mercury Insurance
  4. AAA Insurance
  5. Nationwide
  6. Allstate
  7. State Farm
  8. The Hartford
  9. Safeco Insurance
  10. Progressive

Frequent quotes can save

When you buy El Paso car insurance online, it’s a bad idea to buy poor coverage just to save money. There are too many instances where an insured dropped comprehensive coverage or liability limits only to find out that their decision to reduce coverage ended up costing them more. The aim is to get the best coverage possible at the best price, but do not sacrifice coverage to save money.

Cheaper insurance in El Paso can be bought both online as well as from independent agents in El Paso, and you should compare price quotes from both so you have a total pricing picture. Some insurance companies may not have rates over the internet and many times these smaller companies provide coverage only through independent agents.

We covered many tips how you can shop for Audi A8 insurance online. It’s most important to understand that the more quotes you get, the better likelihood of getting affordable El Paso car insurance quotes. Consumers may even find the lowest rates come from a company that doesn’t do a lot of advertising.

How to find low-cost Audi A8 insurance in El Paso

If you want to find the absolute lowest rates, then the best way to get affordable auto insurance rates is to regularly compare prices from companies in El Paso. Rates can be compared by following these guidelines.

  1. Spend some time learning about how insurance works and the measures you can control to keep rates down. Many risk factors that cause rate increases like tickets, at-fault accidents, and a bad credit rating can be rectified by being financially responsible and driving safely.
  2. Get rate quotes from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can provide rates from a single company like GEICO and State Farm, while independent agencies can quote rates for many different companies.
  3. Compare the new rate quotes to your existing policy to see if a cheaper price is available in El Paso. If you can save money and switch companies, make sure there is no coverage gap between policies.
  4. Provide notification to your current company of your intent to cancel your current coverage. Submit a signed application and payment to the new company. Immediately keep the new certificate of insurance in your vehicle’s glove compartment or console.

The most important part of shopping around is to try to compare identical deductibles and limits on each quote and and to get price quotes from as many companies as feasibly possible. This ensures an apples-to-apples comparison and a thorough price selection.

Additional insurance information can be found at the links below