2006 Audi A8 Insurance Rates

Average insurance rates for an 2006 Audi A8 are $1,230 a year for full coverage. Comprehensive insurance costs on average $242, collision insurance costs $356, and liability insurance costs $474. Buying a liability-only policy costs as little as $522 a year, and high-risk insurance costs $2,646 or more. Teenage drivers receive the highest rates at up to $4,740 a year.

Annual premium for full coverage: $1,230

Rate estimates for 2006 Audi A8 Insurance

Rate data is compiled from all 50 U.S. states and averaged for all 2006 Audi A8 models. Rates are based on a 40-year-old male driver, $500 comprehensive and collision deductibles, and a clean driving record. Remaining premium consists of UM/UIM coverage, Medical/PIP, and policy fees.

Price Range by Coverage and Risk

View Chart as Image

These differences show why anyone shopping for car insurance should compare rates based on a specific location and risk profile, rather than relying on average rates.

Use the form below to get rates for your location.

Consumers who are new to the process of shopping for insurance online can find purchasing the cheapest insurance quite difficult.

If you currently have a car insurance policy, you stand a good chance to be able to save some money using these techniques. Buying more affordable insurance is simple if you know the tricks. Nevertheless, consumers need to have an understanding of how insurance companies price online insurance and take advantage of how the system works.

Finding Insurance Deals

When shopping for insurance there are multiple ways of comparing rates from different insurance companies. The best way to find competitive 2006 Audi A8 insurance rates consists of shopping online. This is very easy and can be done using a couple different methods.

1. The easiest and least time consuming way to find the lowest comparison rates is to use a rate comparison form like this one (opens in new window). This easy form keeps you from doing separate quotes to each individual insurance company. Completing one form gets rate comparisons from many national carriers. Just one form and you’re done.
2. A harder way to get quotes online is going to each company website to request a price quote. For example, let’s assume you want to compare Nationwide, Liberty Mutual and GMAC. You would have to visit each site and enter your policy data, which is why the first method is quicker.

   To view a list of companies in your area, click here.

Whichever way you use, compare apples-to-apples coverages and limits on every quote you get. If you compare different deductibles it’s impossible to make an equal comparison. Just a small difference in coverages may result in a large different in cost. And when price shopping your coverage, more quotes gives you a better chance of getting lower pricing.

Don’t be fooled by advertising claims

Companies like Progressive, GEICO, Allstate and State Farm consistently run ads on TV and radio. All the ads say the same thing that you’ll save big if you change to their company. But how can every company make almost identical claims? This is how they do it.

Insurance companies have a certain “appetite” for the right customer that earns them a profit. An example of a desirable insured could be between the ages of 40 and 55, owns a home, and has a short commute. A propective insured who fits that profile will qualify for the lowest rates and is almost guaranteed to save a lot of money.

Consumers who don’t qualify for the “perfect” profile will be quoted higher rates which usually ends up with the driver buying from a lower-cost company. The ad wording is “drivers who switch” not “everybody who quotes” save money. That is how insurance companies can advertise the way they do. This emphasizes why it is so important to get quotes from several different companies. You cannot predict which company will provide you with the cheapest Audi A8 insurance rates.

Do you qualify for a discount?

Companies don’t always advertise all available discounts very well, so we break down both well-publicized and also the lesser-known discounts you could be receiving.

• Multiple Vehicles – Having multiple vehicles on one policy qualifies for this discount.
• Good Student Discount – A discount for being a good student can save 20 to 25%. Earning this discount can benefit you up until you turn 25.
• Accident Forgiveness – A handful of insurance companies allow you one accident before hitting you with a surcharge if your claims history is clear prior to the accident.
• Anti-lock Brake Discount – Vehicles equipped with ABS or steering control can avoid accidents and earn discounts up to 10%.
• Bundle and Save – If you have multiple policies with one company you may save 10% to 20% off each policy.
• Homeowners Savings – Owning a home can save you money because of the fact that having a home demonstrates responsibility.
• Early Signing – Some insurance companies reward drivers for signing up prior to your current policy expiration. This can save 10% or more.

Drivers should understand that most of the big mark downs will not be given to all coverage premiums. Most cut the price of certain insurance coverages like medical payments or collision. Even though it may seem like you could get a free insurance coverage policy, it just doesn’t work that way.

A partial list of companies that may offer these money-saving discounts may include but are not limited to:

• State Farm
• GEICO
• SAFECO
• Farmers Insurance
• AAA
• USAA

It’s a good idea to ask all companies you are considering how you can save money. Savings might not apply in your area.

What coverages do I need?

When buying the right insurance coverage, there really is no “best” method to buy coverage. Each situation is unique.

Here are some questions about coverages that can help discover whether your personal situation might need an agent’s assistance.

• What is the rate difference between pleasure use and commuting?
• What can I do if my company won’t pay a claim?
• Is borrowed equipment or tools covered if stolen or damaged?
• Am I covered if I hit a deer?
• Will filing a claim cost me more?
• Am I covered if I drive in a foreign country?
• Is my state a no-fault state?
• Can my teen driver be rated on a liability-only vehicle?

If you don’t know the answers to these questions but you think they might apply to your situation then you might want to talk to a licensed insurance agent. If you don’t have a local agent, take a second and complete this form.

Coverages available on your policy

Understanding the coverages of your policy helps when choosing the right coverages and the correct deductibles and limits. Policy terminology can be ambiguous and reading a policy is terribly boring.

Liability coverages

Liability coverage provides protection from damages or injuries you inflict on other’s property or people in an accident. It protects YOU from claims by other people. It does not cover your injuries or vehicle damage.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see policy limits of 25/50/25 which stand for $25,000 bodily injury coverage, a limit of $50,000 in injury protection per accident, and a limit of $25,000 paid for damaged property.

Liability can pay for things such as funeral expenses, repair bills for other people’s vehicles, repair costs for stationary objects and legal defense fees. How much liability coverage do you need? That is your choice, but buy as much as you can afford.

UM/UIM Coverage

Your UM/UIM coverage protects you and your vehicle when other motorists are uninsured or don’t have enough coverage. Covered losses include hospital bills for your injuries and damage to your Audi A8.

Because many people have only the minimum liability required by law, their limits can quickly be used up. This is the reason having UM/UIM coverage is very important.

Medical costs insurance

Personal Injury Protection (PIP) and medical payments coverage pay for short-term medical expenses such as X-ray expenses, dental work and prosthetic devices. The coverages can be used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. It covers all vehicle occupants in addition to being hit by a car walking across the street. Personal Injury Protection is not available in all states but can be used in place of medical payments coverage

Collision insurance

Collision coverage pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. A deductible applies then the remaining damage will be paid by your insurance company.

Collision can pay for things such as crashing into a building, scraping a guard rail, sustaining damage from a pot hole and colliding with another moving vehicle. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are older. It’s also possible to increase the deductible in order to get cheaper collision rates.

Comprehensive or Other Than Collision

This pays for damage from a wide range of events other than collision. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things like rock chips in glass, damage from a tornado or hurricane and damage from flooding. The highest amount you’ll receive from a claim is the ACV or actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Shop Smart and Save

We just showed you a lot of techniques to compare 2006 Audi A8 insurance prices online. The key thing to remember is the more quotes you get, the higher the chance of saving money. You may even discover the biggest savings come from a small local company.

The cheapest insurance can be bought on the web as well as from independent agents, so you should be comparing quotes from both to have the best rate selection. A few companies don’t offer online quoting and usually these small insurance companies provide coverage only through local independent agents.

Insureds who switch companies do it for a number of reasons such as denial of a claim, unfair underwriting practices, not issuing a premium refund and an unsatisfactory settlement offer. No matter why you want to switch, finding a great new company can be pretty painless.

To learn more, feel free to visit the articles below:

• Vehicle Insurance in the U.S. (Wikipedia)
• Liability Insurance Coverage (Nationwide)
• A Tree Fell on Your Car: Now What? (Allstate)
• Child Safety FAQ (iihs.org)
• Safety Belts FAQ (iihs.org)
• Steps to Take After an Auto Accident (Insurance Information Insitute)

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