Cheap Insurance for an Audi A8 in Riverside

Are you tired of trying to find the cheapest Audi A8 insurance in Riverside? Cutting costs on Audi A8 insurance in Riverside could be slightly frustrating for people who are beginners to buying insurance online. There are so many agents and companies to choose from that it can easily be a burden to compare prices in California on Audi A8 insurance.

Insurance rates Audi A8 in RiversideUnthinkable but true, over 70% of consumers have purchased from the same company for more than four years, and practically 40% of car insurance customers have never even compared quotes to find cheaper rates. With the average car insurance premium being $1,390, Riverside drivers could cut their rates by 35% a year, but they mistakenly think it’s difficult to find cheaper car insurance rates.

Keep in mind that quoting more will increase your chances of finding a lower rate. Some smaller insurers do not give Riverside A8 insurance quotes over the internet, so it’s recommended that you also compare rates on coverage from those companies, too.

The companies in the list below can provide comparison quotes in Riverside, CA. If the list has multiple companies, we suggest you get rate quotes from several of them to get a more complete price comparison.

Insurance coverage details

The information shown next highlights detailed analysis of prices for Audi A8 models. Being able to understand how rate quotes are established can help you make informed purchases.

Audi A8 Insurance Rates in Riverside, CA
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
A8 4.2 Quattro 4-Dr Sedan $354 $762 $596 $36 $178 $1,926 $161
A8 4.2L Quattro 4-Dr Sedan $384 $842 $596 $36 $178 $2,036 $170
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Data variables include single female driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and California minimum liability limits. Discounts applied include multi-policy, homeowner, multi-vehicle, claim-free, and safe-driver. Table data does not factor in specific Riverside garaging location which can affect premium rates noticeably.

Deductible analysis

One frequently asked question is how high should the physical damage deductibles be. The rates below illustrate the price difference when you select higher and lower physical damage coverage deductibles. The first pricing table uses a $250 deductible and the second data table uses a $500 deductible.

Audi A8 insurance prices with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
A8 4.2 Quattro 4-Dr Sedan $518 $986 $442 $26 $132 $2,129 $177
A8 4.2L Quattro 4-Dr Sedan $562 $1088 $442 $26 $132 $2,275 $190
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Audi A8 insurance prices with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
A8 4.2 Quattro 4-Dr Sedan $420 $794 $442 $26 $132 $1,814 $151
A8 4.2L Quattro 4-Dr Sedan $456 $878 $442 $26 $132 $1,934 $161
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Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include multi-vehicle, homeowner, multi-policy, claim-free, and safe-driver. Rates do not factor in the specific area where the vehicle is garaged which can decrease or increase insurance rates greatly.

We can estimate from the data above that using a $250 deductible costs an average of $28 more each month or $336 every year than choosing the higher $500 deductible. Due to the fact that you would have to pay $250 more if you file a claim with a $500 deductible as compared to a $250 deductible, if you tend to have at a minimum 9 months between claims, you would probably save some money if you choose a higher deductible.

How to decide to raise your deductibles

Average monthly premium for $250 deductibles: $184
Average monthly premium for $500 deductibles (subtract): – $156
Monthly savings from raising deductible: $28
Difference between deductibles ($500 – $250): $250
Divide difference by monthly savings: $250 / $28
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 9 months

An important thing to remember is that increasing deductibles to lower your rates results in more money out-of-pocket if you have a claim. You must have some money saved in the event you have to pay the deductible for vehicle repair.

The diagram below demonstrates how choosing different deductibles and can raise or lower Audi A8 yearly insurance costs for each age group. The prices are based on a married male driver, full physical damage coverage, and no other discounts are factored in.

Comparison of full coverage and liability-only policies

The information below illustrates the difference between Audi A8 annual premium costs with full coverage and liability only. Data assumes no claims or driving violations, $250 deductibles, single status, and no discounts are taken into consideration.

Should you pay for full coverage or liability only?

There is no clear-cut formula for eliminating comprehensive and collision coverage on your policy, but there is a guideline you can consider. If the yearly cost for physical damage coverage is 10% or more of any settlement you would receive from your insurance company, then it might be time to consider dropping full coverage.

For example, let’s say your Audi A8 replacement value is $4,000 and you have $1,000 physical damage deductibles. If your vehicle is severely damaged, the most your company will settle for is $3,000 after paying your deductible. If premium cost is more than $300 annually to have full coverage, then you might want to think about dropping full coverage.

There are some circumstances where buying only liability insurance is not advised. If you still have a lienholder on your title, you have to maintain full coverage to protect the lienholder’s interest in the vehicle. Also, if your savings is not enough to buy a different vehicle if your current one is in an accident, you should not eliminate full coverage.

Lower Your Riverside Insurance Rates

The best way to find cheaper car insurance is to take a look at some of the things that are used to determine your premiums. When consumers understand what determines base rates, this helps enable you to make changes that could help you find lower premium levels.

The items below are some of the most rate-impacting factors used by your company to calculate your rate level.

How much liability coverage do you need? – The liability section of your policy provides coverage if you are determined to be liable for physical damage or personal injury to other. Liability provides legal defense coverage to attempt to prove you were not liable. Liability insurance is quite affordable when compared to the cost of physical damage coverage, so drivers should carry high limits.

Gender as a rate factor – Statistics show females are less aggressive when driving. That doesn’t necessarily mean that men are worse drivers. Both genders are responsible for auto accidents in similar percentages, but the males tend to have more serious accidents. Men also receive more costly citations such as reckless driving.

The information below illustrates the comparison of Audi A8 car insurance rates for male and female drivers. The premiums are based on no accidents or driving violations, full coverage, $1,000 deductibles, drivers are single, and no policy discounts are applied.

Don’t let your coverage lapse – Having a gap between insurance policy dates will be a fast way to increase your renewal premiums. And not only will your rates increase, failure to provide proof of insurance may result in a fine, jail time, or a revoked license. You may then have to provide proof of insurance in the form of an SR-22 filing with the California motor vehicle department to get your license reinstated.

Safer occupants lowers car insurance rates – Cars with five star safety ratings tend to have better insurance rates. Safer cars have better occupant injury protection and reduced instances of injuries means your insurance company pays less and more competitive rates for policyholders.

Prices go up with performance – The make and model of the vehicle you own makes a huge difference in your auto insurance rates. Small economy passenger models normally have pretty low rates, but the final cost of insurance is determined by many other factors.

The chart below is based on a single male driver age 50, full coverage with $100 deductibles, and no discounts or violations. It shows Audi A8 insurance premiums compared to other models of vehicles that have different performance risks.

Theft deterrents save – Driving a car with advanced anti-theft systems can save you some money. Theft deterrent systems like vehicle immobilizer systems, OnStar, and tracking devices like LoJack all help stop auto theft.

Audi A8 claim data – Insurance companies include the past claim trends for vehicles to help set a rate to offset losses. Models that are shown to have increased losses will cost more to insure. The information below illustrates the insurance loss data used by companies for Audi A8 vehicles.

For each coverage type, the claim amount for all vehicles, regardless of make, model or trim level, is considered to be 100. Numbers below 100 indicate a favorable loss history, while percentages above 100 indicate more frequent claims or statistically larger losses.

Audi A8 Insurance Loss Statistics
Vehicle 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

Car insurance does more than just repair your car

Even though Riverside A8 insurance rates can get expensive, car insurance is required in California but it also protects you in many ways.

The benefits of having car insurance are definitely more than the cost, particularly when you have a large claim. An average driver in America is overpaying over $820 a year so it’s important to compare rates once a year at a minimum to be sure current rates are still competitive.

Ratings for Riverside auto insurance companies

Selecting the best company can be difficult considering how many choices you have in California. The information in the lists below may help you choose which auto insurance companies you want to consider when comparing rate quotes.

Top 10 Riverside Car Insurance Companies Ranked by Customer Satisfaction

  1. Titan Insurance – 95%
  2. USAA – 94%
  3. AAA of Southern California – 92%
  4. AAA Insurance – 91%
  5. Nationwide – 90%
  6. State Farm – 90%
  7. The Hartford – 89%
  8. GEICO – 89%
  9. The General – 88%
  10. 21st Century – 88%

Top 10 Riverside Car Insurance Companies Ranked by Value

  1. USAA
  2. American Family
  3. The Hartford
  4. AAA of Southern California
  5. Titan Insurance
  6. The General
  7. AAA Insurance
  8. State Farm
  9. Mercury Insurance
  10. Nationwide