Cheapest Quotes for Audi A8 Insurance in Denver

Have you finally had enough of scraping the payment together to pay high insurance rates every month? You are no different than many other vehicle owners in Colorado.

Remarkably, a study showed that over 70% of consumers have bought insurance from the same company for at least four years, and approximately 38% of consumers have never even compared quotes to find affordable rates. Many drivers in Denver can cut their rates by 35% a year just by getting comparison quotes, but they don’t want to spend time to compare other rate quotes. Insurance companies such as Progressive, GEICO and Farmers Insurance constantly bombard you with ads and it is challenging if not impossible to see through the cute green geckos and mayhem and take the time to shop coverage around.

If you have coverage now or want to find a cheaper company, you can use these tips to cut your premiums and possibly find even better coverage. Finding the cheapest auto insurance coverage in Denver is much easier if you know where to start. Drivers just have to understand the proper methods to compare price quotes from many companies at once.

Cheapest Audi insurance rates in Denver

The companies shown below have been selected to offer price quotes in Colorado. If multiple companies are listed, we recommend you visit two to three different companies in order to get a fair rate comparison.

Table data represents single male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Colorado minimum liability limits. Discounts applied include claim-free, multi-policy, homeowner, multi-vehicle, and safe-driver. Premium amounts do not factor in specific Denver garaging location which can modify auto insurance rates significantly.

Raise deductibles and save

A question often asked by Denver drivers is where should you set your physical damage deductibles. The following insurance rates illustrate the rate differences when you buy lower versus higher comp and collision deductibles. The first pricing table uses a $250 physical damage coverage deductible and the second rate chart uses a $1,000 deductible.

Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, and Colorado minimum liability limits. Discounts applied include safe-driver, multi-policy, homeowner, multi-vehicle, and claim-free. Premium amounts do not factor in Denver location which can increase or decrease coverage prices greatly.

We can estimate from the data above that using a $250 deductible costs an average of $42 more each month or $504 annually than requesting the higher $1,000 deductible. Since you would have to pay $750 more out-of-pocket with a $1,000 deductible as compared to a $250 deductible, if you normally average more than 18 months between claim filings, you would probably save some money by going with a higher deductible. Here is an example of how this decision is made.

One big caveat is that a higher deductible results in having to pay to pay more out-of-pocket when you do file a claim. You should have enough extra money in the event you have to pay more for the deductible.

Get affordable rates by taking advantage of these ten discounts

Auto insurance is neither fun to buy or cheap, but you might find some hidden discounts that can help lower your rates. Certain discounts will be triggered automatically at the time you complete a quote, but a few must be manually applied before being credited.

• Theft Deterrent System – Cars, trucks, and SUVs that have factory anti-theft systems are less likely to be stolen and earn discounts up to 10% off your Denver auto insurance quote.
• Homeowners Savings – Owning a home in Denver can get you a discount since home ownership shows financial diligence.
• Driver’s Education for Students – Reduce the cost of insurance for teen drivers by having them enroll in driver’s education in school or through a local driver safety program.
• Discount for Good Grades – A discount for being a good student could provide a savings of up to 20% or more. This discount can apply up to age 25.
• Federal Employees – Simply working for the federal government may qualify for a discount when you quote Denver auto insurance but check with your company.
• Buy New and Save – Putting insurance on a new A8 can save you some money compared to insuring an older model.
• Multiple Policy Discount – If you insure your home and vehicles with one company you may earn at least 10 to 15 percent or more.
• Onboard Data Collection – Insureds who allow data collection to analyze driving habits by installing a telematics device like Drivewise from Allstate or In-Drive from State Farm could see a rate decrease if they are good drivers.
• Save with More Vehicles Insured – Having several vehicles on the same auto insurance policy can reduce rates for all insured vehicles.
• Resident Student – Any of your kids who are enrolled in higher education away from home and do not have access to a covered vehicle may be insured at a cheaper rate.

Discounts save money, but please remember that some credits don’t apply to the entire policy premium. Most only reduce specific coverage prices like comp or med pay. So even though it sounds like having all the discounts means you get insurance for free, companies don’t profit that way.

A list of auto insurance companies and a partial list of their discounts can be found below.

• State Farm policyholders can earn discounts including student away at school, passive restraint, defensive driving training, multiple autos, and accident-free.
• American Family discounts include bundled insurance, defensive driver, early bird, good driver, mySafetyValet, and good student.
• GEICO may have discounts that include good student, five-year accident-free, multi-vehicle, air bags, multi-policy, driver training, and daytime running lights.
• 21st Century has discounts for homeowners, early bird, teen driver, defensive driver, and driver training.
• Progressive includes discounts for online quote discount, continuous coverage, good student, multi-vehicle, homeowner, online signing, and multi-policy.

Before purchasing a policy, check with all the companies to give you their best rates. Discounts might not apply in Denver.

Insurance agent or online?

Some consumers still like to sit down and talk to an agent and doing that can be a smart decision Experienced insurance agents can point out coverage gaps and give you someone to call. A nice benefit of getting free rate quotes online is the fact that drivers can get cheap rate quotes and still buy from a local agent. Buying from and supporting local agents is important especially in Denver.

For easy comparison, once you complete this quick form, your insurance coverage information is immediately sent to participating agents in Denver that can give you free Denver auto insurance quotes for your coverage. You won’t even need to drive around since price quotes are sent straight to your inbox. In the event you want to compare prices from a specific company, you would need to search and find their rate quote page and give them your coverage information.

If you want to use local Denver agents, there are two different agency structures and how they can write your policy. Insurance agents are considered either independent agents or exclusive agents depending on their employer. Both types of agents can provide insurance policies, but we need to point out the subtle differences because it can factor into the type of agent you choose.

Independent Agencies or Brokers

Independent agents are not employed by any specific company so they have the ability to put coverage amongst many companies and help determine which has the cheapest rates. If your agent finds better pricing, your agent can just switch to a different company and you don’t have to do anything. When comparing rates, we highly recommend that you get some free quotes from several independent insurance agents to ensure the widest selection of prices.

Featured below is a small list of independent agencies in Denver that may be able to give rate quotes.

More Denver agents

Exclusive Insurance Agencies

These type of agents can only place business with one company and some examples include Allstate, Farmers Insurance or State Farm. Exclusive agents cannot shop your coverage around so they are skilled at selling on more than just price. Exclusive insurance agents are very knowledgeable on the products they sell which helps overcome the inability to quote other rates.

Below is a list of exclusive insurance agencies in Denver that can give you comparison quotes.

More Denver agents

Selecting an car insurance agent should depend on more than just the quoted price. Ask your prospective agent these questions:

• Is there a local claims center in Denver?
• Which family members are covered?
• If you raise deductibles, how much can you save?
• If independent agents, which companies do they recommend?
• Is their price quote a firm figure or are their hidden costs?
• Do you work with a CSR or direct with the agent?

Auto insurance coverage considerations

Learning about specific coverages of auto insurance helps when choosing which coverages you need for your vehicles. The coverage terms in a policy can be confusing and nobody wants to actually read their policy. Shown next are the normal coverages offered by auto insurance companies.

Comprehensive protection

This pays for damage OTHER than collision with another vehicle or object. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for claims such as falling objects, rock chips in glass and damage from getting keyed. The highest amount your auto insurance company will pay is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Liability insurance

This coverage protects you from injuries or damage you cause to other people or property that is your fault. Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You might see values of 25/50/15 that means you have $25,000 bodily injury coverage, a limit of $50,000 in injury protection per accident, and property damage coverage for $15,000. Some companies may use one number which is a combined single limit which provides one coverage limit without having the split limit caps.

Liability insurance covers things like loss of income, structural damage, repair bills for other people’s vehicles and emergency aid. How much liability should you purchase? That is a decision to put some thought into, but you should buy as much as you can afford. Colorado state minimum liability requirements are 25/50/15 but you should think about purchasing more coverage.

Collision insurance

Collision insurance covers damage to your A8 resulting from a collision with another vehicle or an object, but not an animal. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage protects against things like backing into a parked car, colliding with another moving vehicle and hitting a parking meter. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from older vehicles. You can also increase the deductible on your A8 to get cheaper collision coverage.

Uninsured or underinsured coverage

This protects you and your vehicle from other motorists when they are uninsured or don’t have enough coverage. Covered losses include injuries to you and your family as well as damage to your Audi A8.

Since many Colorado drivers have only the minimum liability required by law (Colorado limits are 25/50/15), it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is important protection for you and your family. Frequently these limits do not exceed the liability coverage limits.

Medical expense coverage

Med pay and PIP coverage kick in for expenses such as chiropractic care, doctor visits, prosthetic devices, pain medications and dental work. They are often used in conjunction with a health insurance policy or if there is no health insurance coverage. It covers you and your occupants as well as if you are hit as a while walking down the street. PIP is not universally available but can be used in place of medical payments coverage

Keep this in mind when shopping around

Budget-conscious Audi A8 insurance can be purchased both online and with local Denver insurance agents, so you need to shop Denver auto insurance with both so you have a total pricing picture. Some insurance companies may not have online quoting and usually these smaller providers sell through independent insurance agents.

You just learned some good ideas how you can shop for Audi A8 insurance online. The most important thing to understand is the more providers you compare, the higher the chance of saving money. Consumers may even find the lowest prices come from a company that doesn’t do a lot of advertising. These companies may only write in your state and offer lower rates compared to the large companies like Progressive or GEICO.

Additional insurance information is located at these links:

• Electronic Stability Control FAQ (iihs.org)
• Who Has Cheap Auto Insurance Rates for 16 Year Olds in Denver? (FAQ)
• What Insurance is Cheapest for Seniors in Denver? (FAQ)
• How Much are Denver Car Insurance Rates for Business Use? (FAQ)
• Who Has Affordable Auto Insurance Rates for First-time Drivers in Denver? (FAQ)
• Who Has the Cheapest Car Insurance for a GMC Sierra in Denver? (FAQ)
• Who Has the Cheapest Denver Car Insurance for Young Drivers? (FAQ)
• How Much are Denver Car Insurance Quotes for a Toyota Highlander? (FAQ)
• What Insurance is Cheapest for a Nissan Altima in Denver? (FAQ)
• Who Has the Cheapest Auto Insurance for Drivers with Good Credit in Denver? (FAQ)
• Who Has Affordable Denver Auto Insurance Rates for a Ford Explorer? (FAQ)
• Vehicle Size and Weight FAQ (iihs.org)
• Top Signs Your Brakes are Giving Out (State Farm)
• Choosing an Insurance Company (Insurance Information Institute)