Has it been over a year since you last compared quotes for cheaper Audi R8 insurance in San Francisco? Paying for pricey Audi R8 insurance in San Francisco can overdraw your savings account and maybe even restrict other spending. Performing a rate comparison is a fast and free way to lower your bills every month.
It’s easy to assume that insurance companies don’t want policyholders to compare prices from other companies. Insureds who do rate comparisons are highly likely to buy a new policy because there is a good probability of finding discount prices. A recent survey revealed that people who shopped around saved on average $850 each year compared to people who never shopped around for cheaper prices.
If finding the lowest price for Audi R8 insurance is your intention, then having some insight into how to shop for insurance coverage can make the process more efficient.
Steps to quoting cheaper Audi R8 insurance in San Francisco
The best way we recommend to get cheaper Audi R8 insurance in San Francisco is to start comparing prices regularly from insurance carriers who provide car insurance in California. You can compare prices by completing these steps.
- Get an understanding of individual coverages and the measures you can control to prevent expensive coverage. Many policy risk factors that are responsible for high rates like careless driving and an unacceptable credit score can be improved by making minor changes in your lifestyle. Later in this article we will cover additional ideas to get low prices and find possible discounts that are available.
- Request rate estimates from direct carriers, independent agents, and exclusive agents. Exclusive agents and direct companies can only give rate quotes from a single company like GEICO or Allstate, while agents who are independent can quote prices from multiple companies. View a list of agents
- Compare the new rate quotes to your existing rates to see if a cheaper rate is available in San Francisco. If you find better rates and buy the policy, make sure there is no coverage gap between policies.
- Tell your current agent or company of your intention to cancel your existing policy. Submit a down payment along with a completed application for the new coverage. As soon as you have the new policy, place your new certificate verifying proof of insurance in your vehicle.
The key thing to remember is to make sure you enter identical coverage information on each price quote and and to get rates from as many companies as you can. This ensures an accurate price comparison and the best price quote selection.
There is such a variety of auto insurance companies to buy insurance from, and although it’s nice to have a choice, it can be more difficult to find the best rates for your vehicles.
It’s smart to price shop coverage before your policy renews because prices are usually higher with each renewal. If you had the lowest price on Audi R8 insurance in San Francisco last year other companies may now be cheaper. Ignore everything you know about car insurance because you’re about to find out the things you must know in order to find the best coverage while lowering your premiums.
When quoting insurance, remember that getting more free quotes will increase your chances of finding a lower rate than you’re paying now. Some companies don’t provide online rate quotes, so it’s important to also get quotes from those companies as well.
The following companies are ready to provide quotes in California. If multiple providers are shown, it’s highly recommended you visit two to three different companies in order to find the cheapest rates.
Insurance coverage analysis
The rate information below showcases a range of policy rates for Audi R8 models. Having a better understanding of how car insurance premiums are determined can be useful when making smart buying decisions.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| R8 4.2 Quattro | $344 | $860 | $464 | $28 | $138 | $1,834 | $153 |
| R8 4.2 Quattro | $344 | $860 | $464 | $28 | $138 | $1,834 | $153 |
| R8 5.2 Quattro 10Cyl | $414 | $1018 | $464 | $28 | $138 | $2,062 | $172 |
| R8 5.2 Quattro 10Cyl | $414 | $1018 | $464 | $28 | $138 | $2,062 | $172 |
| Get Your Own Custom Quote Go | |||||||
Prices based on married female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and California minimum liability limits. Discounts applied include homeowner, multi-policy, safe-driver, multi-vehicle, and claim-free. Estimates do not factor in specific location which can influence rates greatly.
Higher deductibles lower rates
One of the most common insurance questions is how low should you set your deductibles. The premium rates below determine the differences in price of buying low and high physical damage deductibles. The first set of rates uses a $100 deductible for comprehensive and collision coverage and the second set of prices uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| R8 4.2 Quattro | $722 | $1666 | $442 | $26 | $132 | $3,013 | $251 |
| R8 4.2 Quattro | $722 | $1666 | $442 | $26 | $132 | $3,013 | $251 |
| R8 5.2 Quattro 10Cyl | $870 | $1972 | $442 | $26 | $132 | $3,467 | $289 |
| R8 5.2 Quattro 10Cyl | $870 | $1972 | $442 | $26 | $132 | $3,467 | $289 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| R8 4.2 Quattro | $528 | $1126 | $442 | $26 | $132 | $2,254 | $188 |
| R8 4.2 Quattro | $528 | $1126 | $442 | $26 | $132 | $2,254 | $188 |
| R8 5.2 Quattro 10Cyl | $634 | $1332 | $442 | $26 | $132 | $2,566 | $214 |
| R8 5.2 Quattro 10Cyl | $634 | $1332 | $442 | $26 | $132 | $2,566 | $214 |
| Get Your Own Custom Quote Go | |||||||
Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include multi-vehicle, claim-free, multi-policy, safe-driver, and homeowner. Rates do not factor in your specific San Francisco location which can impact premium rates noticeably.
Using the data above, we can ascertain that using a $100 deductible will cost you approximately $69 more each month or $828 each year than choosing the higher $500 deductible. Since the policyholder would be required to pay $400 more if you turn in a claim with a $500 deductible as compared to a $100 deductible, if you tend to average at a minimum 6 months between claims, you would save money if you opt for a higher deductible.
Impact of careless driving on insurance rates
The example below demonstrates how traffic citations and accidents impact Audi R8 insurance prices for different age groups. The rate quotes are based on a single female driver, full coverage, $100 deductibles, and no additional discounts are factored in.
Three reasons to not skimp on insurance
Even though San Francisco R8 insurance rates can get expensive, maintaining insurance is required for several reasons.
- Just about all states have minimum mandated liability insurance limits which means you are required to buy a specific minimum amount of liability coverage if you don’t want to risk a ticket. In California these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.
- If you have a loan on your Audi R8, it’s most likely the lender will require you to have physical damage coverage to guarantee their interest in the vehicle. If the policy lapses, the bank may buy a policy for your Audi for a lot more money and force you to pay the higher price.
- Insurance protects both your assets and your Audi R8. It will also provide coverage for most medical and hospital costs for not only you but also any passengers injured in an accident. One of the most valuable coverages, liability insurance, will also pay for a defense attorney if you are named as a defendant in an auto accident. If your vehicle suffers damage from an accident or hail, collision and comprehensive (also known as other-than-collision) coverage will pay to restore your vehicle to like-new condition.
The benefits of insuring your R8 are definitely more than the cost, particularly when you have a large claim. In a recent study of 1,000 drivers, the average customer overpays more than $865 each year so shop around at every policy renewal to make sure the price is not too high.
Save a ton by taking advantage of these seven discounts
Insurance is not inexpensive, but there could be significant discounts that can dramatically reduce your bill. Certain credits will be shown when you get a quote, but once in a while a discount must be specifically requested in order for you to get them.
- Renewal Discounts – A few larger companies offer discounts for renewing your policy before your current R8 insurance policy expires. It can save you around 10%.
- Discount for Low Mileage – Low mileage vehicles may allow you to get discounted insurance rates on garaged vehicles.
- Paperless Signup – A few larger online companies give back up to $50 for buying a policy and signing up on your computer.
- Defensive Driver Discount – Taking part in a class that teaches safe driver techniques may get you a small discount and make you a better driver.
- Discounts for Multiple Vehicles – Purchasing coverage when you have all your vehicles on one policy can get a discount for every vehicle.
- Senior Citizen Discount – If you’re over the age of 55, you may qualify for a discount up to 10%.
- Multi-line Discount – Larger insurance carriers have lower insurance rates if you buy life insurance from them.
Don’t be shocked that some of the credits will not apply to all coverage premiums. The majority will only reduce the price of certain insurance coverages like liability, collision or medical payments. So when it seems like you would end up receiving a 100% discount, nobody gets a free ride. Any qualifying discounts should help lower your policy premium.
The information below illustrates the comparison of Audi R8 yearly insurance costs with and without discounts applied to the policy rates. The information is based on a male driver, no tickets, no at-fault accidents, California state minimum liability limits, comprehensive and collision coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, multi-car, homeowner, safe-driver, claim-free, and marriage discounts applied.
If you would like to see a list of providers who offer discounts in California, follow this link.
Insurance agent or online?
Many drivers would prefer to get professional advice from a licensed agent and doing that can be a smart decision One of the best bonuses of getting free rate quotes online is that drivers can save money and get cheaper car insurance rates but still work with a licensed agent. Buying insurance from neighborhood agents is still important in San Francisco.
Upon completion of this quick form, your insurance data is sent to local insurance agents in San Francisco who want to provide quotes for your coverage. It’s much easier because you don’t need to find an agent because prices are sent to you. You can find the lowest rates without a big time investment. If you wish to get a price quote from a specific auto insurance provider, don’t hesitate to jump over to their website and fill out the quote form the provide.
The different types of car insurance agents
If you need to find a reputable agency, you should know the different types of agencies that you can choose from. Agents in San Francisco are categorized either exclusive or independent agents depending on their company appointments.
Independent Agencies or Brokers
Independent agencies are not locked into one company so they can insure your vehicles with many different companies depending on which coverage is best. If your agent finds better pricing, the business is moved internally and you stay with the same agent.
When searching for an agent, you will definitely want to contact several independent insurance agents so that you have a good selection of quotes to compare.
Listed below is a list of independent agencies in San Francisco that can give you competitive price quotes.
Basic West Insurance Agency
1641 Taraval St – San Francisco, CA 94116 – (415) 665-7400 – View Map
United General Insurance Agency
3150 California St Ste 4A – San Francisco, CA 94115 – (415) 922-7283 – View Map
Riskguard Insurance Solutions
422 Presidio Ave – San Francisco, CA 94115 – (415) 447-4212 – View Map
Exclusive Agents
Exclusive agencies can only quote rates from one company and examples are Allstate and State Farm. They are unable to provide prices from multiple companies so they have no alternatives for high prices. Exclusive agencies are usually quite knowledgeable on what they offer which helps offset the inability to provide other markets.
Listed below are exclusive agents in San Francisco who can help you get comparison quotes.
Allstate Insurance: Myrna De Vera
2121 19th Ave Ste 102 – San Francisco, CA 94116 – (415) 566-9400 – View Map
Alan Chan State Farm Insurance
1820 Van Ness Ave – San Francisco, CA 94109 – (415) 776-2190 – View Map
Anita M Merrihew – State Farm Insurance Agent
3801 3rd St #585 – San Francisco, CA 94124 – (415) 285-2021 – View Map
Deciding on a auto insurance agent shouldn’t rely on just a low price. Any agent in San Francisco should be forthright in answering these questions:
- If your car is in the repair shop, do you have coverage for a rental car?
- How is replacement cost determined on your vehicle?
- Will the agent or a CSR service your policy?
- Do the coverages you’re quoting properly cover your vehicle?
- Do they write coverage based solely on cost?
- In the event of vehicle damage, can you pick the collision repair facility?
Situations that may require an agent’s advice
When it comes to buying the right insurance coverage, there really isn’t a single plan that fits everyone. Everyone’s situation is unique.
These are some specific questions may help you determine whether your personal situation may require specific advice.
- What does medical payments cover?
- How much underlying liability do I need for an umbrella policy?
- How much will a speeding ticket raise my rates?
- What policy terms are available?
- Is business property covered if stolen from my car?
- Who is covered by my policy?
- Do I have coverage when using my vehicle for my home business?
- Can I rate high risk drivers on liability-only vehicles?
- Am I covered when pulling a rental trailer?
- Is my custom paint covered by insurance?
If you can’t answer these questions but you know they apply to you then you might want to talk to an insurance agent. If you don’t have a local agent, simply complete this short form.
Auto insurance coverages and their meanings
Having a good grasp of your policy aids in choosing appropriate coverage and proper limits and deductibles. The terms used in a policy can be difficult to understand and nobody wants to actually read their policy.
Liability coverages
This coverage protects you from injuries or damage you cause to a person or their property in an accident. It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see policy limits of 15/30/5 which stand for a $15,000 limit per person for injuries, a total of $30,000 of bodily injury coverage per accident, and $5,000 of coverage for damaged property. Another option is one limit called combined single limit (CSL) which limits claims to one amount with no separate limits for injury or property damage.
Liability coverage protects against things such as structural damage, medical services, bail bonds, legal defense fees and loss of income. How much liability coverage do you need? That is a personal decision, but it’s cheap coverage so purchase as high a limit as you can afford. California requires drivers to carry at least 15/30/5 but you should think about purchasing better liability coverage.
The illustration below shows why buying low liability limits may not be enough coverage.
Collision coverage
Collision insurance pays to fix your vehicle from damage resulting from colliding with an object or car. A deductible applies then your collision coverage will kick in.
Collision coverage protects against things such as backing into a parked car, damaging your car on a curb, hitting a parking meter, crashing into a ditch and scraping a guard rail. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are older. You can also choose a higher deductible on your R8 to bring the cost down.
Comprehensive coverage (or Other than Collision)
Comprehensive insurance coverage will pay to fix damage OTHER than collision with another vehicle or object. You need to pay your deductible first then your comprehensive coverage will pay.
Comprehensive coverage pays for claims such as vandalism, hitting a deer, hitting a bird and damage from a tornado or hurricane. The maximum amount a auto insurance company will pay at claim time is the market value of your vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.
Insurance for medical payments
Personal Injury Protection (PIP) and medical payments coverage kick in for expenses for hospital visits, ambulance fees, nursing services, prosthetic devices and dental work. The coverages can be used to cover expenses not covered by your health insurance plan or if you are not covered by health insurance. Coverage applies to both the driver and occupants and also covers getting struck while a pedestrian. Personal Injury Protection is not available in all states but can be used in place of medical payments coverage
Uninsured Motorist or Underinsured Motorist insurance
This provides protection when the “other guys” do not carry enough liability coverage. It can pay for injuries sustained by your vehicle’s occupants and also any damage incurred to your Audi R8.
Due to the fact that many California drivers only carry the minimum required liability limits (which is 15/30/5), 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 your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.
The best insurance company isn’t always the cheapest
As you prepare to switch companies, make sure you don’t sacrifice coverage to reduce premiums. There are many occasions where drivers have reduced uninsured motorist or liability limits and discovered at claim time that their decision to reduce coverage ended up costing them more. The goal is to buy a smart amount of coverage at an affordable rate.
Insureds switch companies for a number of reasons such as lack of trust in their agent, delays in paying claims, policy non-renewal and an unsatisfactory settlement offer. No matter why you want to switch, finding a new company is pretty easy and you might even save some money in the process.
Cost effective Audi R8 insurance is possible on the web and also from your neighborhood San Francisco agents, and you need to price shop both to have the best selection. A few companies don’t offer the ability to get quotes online and usually these smaller providers only sell through independent insurance agents.
How to find affordable quotes for Audi R8 insurance in San Francisco
If you want to save the most money, the best way to quote cheaper Audi R8 insurance in San Francisco is to do an annual price comparison from companies in California.
First, spend a few minutes and learn about policy coverages and the measures you can take to prevent rate increases. Many things that increase rates like at-fault accidents, speeding tickets, and poor credit history can be amended by improving your driving habits or financial responsibility.
Second, compare rates from direct, independent, and exclusive agents. Direct companies and exclusive agencies can provide rates from one company like Progressive and State Farm, while agents who are independent can provide price quotes from many different companies. View companies
Third, compare the new rate quotes to your existing coverage to determine if switching companies saves money. If you find a lower rate quote and change companies, make sure there is no lapse in coverage.
An important bit of advice to remember is to make sure you’re comparing similar coverage information on every quote and and to get price estimates from every insurance company. This ensures a level playing field and the best rate selection.
To read more, feel free to browse the following helpful articles:
- What is Gap Insurance? (Insurance Information Institute)
- What Insurance is Cheapest for Single Moms in San Francisco? (FAQ)
- Who Has Cheap Auto Insurance for a Hyundai Elantra in San Francisco? (FAQ)
- Who Has Affordable San Francisco Car Insurance Rates for a Toyota Tundra? (FAQ)
- Tools for Teen Driving Safety (State Farm)
- Safe Vehicles for Teens (iihs.org)
- Should I Purchase an Umbrella Liability Policy? (Insurance Information Institute)