Do you need a fast way to compare the cheapest Audi S8 insurance in Kansas City? Are you burned out from trying to scrape together enough money to buy auto insurance? You are no different than millions of other vehicle owners.
It’s shocking but a large majority of auto insurance policyholders have been with the same company for well over three years, and just short of a majority have never compared quotes from other companies. Kansas City drivers could pocket nearly $300 a year, but they think it’s difficult to compare rate quotes.
Numerous car insurance companies battle for your business, so it can be very hard to choose a provider to discover the definitive best rates possible on Audi S8 insurance in Kansas City.
Seven Things That Determine Your Insurance Premiums
An important part of buying insurance is that you know a few of the rating criteria that aid in calculating your premiums. If you know what controls the rates you pay, this enables informed choices that can earn you lower rates.
The factors shown below are some of the factors used by insurance companies to determine your prices.
Are you male or female? – Statistics demonstrate that women are safer drivers than men. However, this does not mean females are better at driving than males. Both sexes are responsible for fender benders in similar numbers, but the men have costlier accidents. Men also receive more major tickets such as driving while intoxicated (DWI) or driving recklessly.
Cars with good safety ratings save money – Vehicles with good safety scores tend to have better insurance rates. Safe vehicles protect occupants better and fewer injuries translates into fewer and smaller insurance claims and thus lower rates.
Credit score impacts premium prices – Having a bad credit score is likely to be a major factor in determining what you pay. Consumers who have very high credit ratings tend to be more responsible and file fewer claims as compared to drivers with bad credit. If your credit history could use some work, you could pay less to insure your Audi S8 by spending a little time repairing your credit.
Type of vehicle determines base costs – The performance level of the car or truck you are buying insurance for makes a significant difference in your auto insurance rates. Smaller low performance passenger models usually have the lowest rates, but your final cost has many other factors.
Small coverages can add up – There are quite a few additional extra coverages that can waste your money on your S8 policy. Insurance for things like vanishing deductibles, better glass coverage, and additional equipment coverage may not be needed and are just wasting money. You may think they are a good idea when buying your policy, but if you don’t need them remove them from your policy.
Save mileage and save money – The higher the miles on your Audi each year the higher the price you pay to insure it. The majority of insurers charge rates based upon how you use the vehicle. Autos not used for work or commuting can be on a lower rate level than vehicles that are driven to work every day. Having the wrong rating on your S8 can result in significantly higher rates. Make sure your declarations sheet reflects how each vehicle is driven, because it can save money.
Older drivers pay less – Older drivers are proven to be safer behind the wheel, tend to file fewer claims, and tend to be get fewer driving tickets. Beginning drivers tend to be less responsible when driving therefore auto insurance rates are much higher.
Audi S8 historical loss data – Insurers use past insurance losses when they file their rates in each state. Models that tend to have higher frequency or amount of claims will be charged more to insure. The next table illustrates the collected loss data for Audi S8 vehicles.
For each coverage type, the statistical loss for all vehicles, regardless of make, model or trim level, equals 100. Numbers below 100 suggest losses that are better than average, while values that are above 100 point to more claims or tendency to have larger claims.
| Make and Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Audi S8 4dr 4WD | 288 | 266 |
Empty fields indicate not enough data collected
Statistics from IIHS.org for 2013-2015 Model Years
Earn discounts on Kansas City auto insurance
Some insurers don’t always publicize every discount available in an easy-to-find place, so below is a list some of the best known and the harder-to-find auto insurance savings.
- No Claim Discounts – Good drivers with no accidents can save substantially compared to accident-prone drivers.
- Switch and Save Discount – Some companies reward drivers for renewing your policy before your current coverage expires. Ten percent is about the average savings.
- Drive Less and Save – Low mileage vehicles could earn lower rates due to less chance of an accident.
- Full Payment Discount – By paying your policy upfront instead of paying each month you may have a lower total premium amount.
- Clubs and Organizations – Being a member of qualifying employment or professional organizations could qualify you for a break when getting a Kansas City auto insurance quote.
- Drivers Ed for Students – Require your teen driver to complete a driver education course in high school.
Discounts reduce rates, but you should keep in mind that some credits don’t apply to your bottom line cost. A few only apply to individual premiums such as collision or personal injury protection. So even though it sounds like adding up those discounts means a free policy, it doesn’t quite work that way.
To locate providers that offer some of these discounts in Missouri, click here to view.
Don’t give up on cheaper coverage
As you go through the steps to switch your coverage, it’s a bad idea to reduce needed coverages to save money. In many cases, an insured dropped liability coverage limits only to find out that saving that couple of dollars actually costed them tens of thousands. Your objective should be to find the BEST coverage for the lowest price while not skimping on critical coverages.
Some insurance companies don’t offer rates over the internet and most of the time these regional carriers provide coverage only through local independent agents. The cheapest Audi S8 insurance in Kansas City can be bought on the web and from local insurance agents, and you should compare price quotes from both to have the best selection.
How to find cheaper quotes for Audi S8 insurance in Kansas City
If you want to save the most money, the best way to get affordable auto insurance rates in Kansas City is to compare prices regularly from providers in Missouri.
Step 1: Try to learn about how auto insurance works and the changes you can make to prevent expensive coverage. Many rating criteria that drive up the price such as accidents, traffic tickets, and a bad credit rating can be remedied by making minor changes to your lifestyle.
Step 2: Quote rates from independent agents, exclusive agents, and direct companies. Direct and exclusive agents can give quotes from a single company like Progressive and State Farm, while independent agencies can provide price quotes for a wide range of insurance providers.
Step 3: Compare the new rate quotes to your current policy to see if a cheaper rate is available. If you find a better price and decide to switch, make sure coverage does not lapse between policies.
Step 4: Tell your current company to cancel your existing policy. Submit a down payment along with a signed application to your new company or agent. As soon as you can, keep your new certificate verifying proof of insurance in an easily accessible location in your vehicle.
One key aspect when comparing rates is that you’ll want to make sure you compare the same liability limits and deductibles on each quote and to quote with all possible companies. This enables an accurate price comparison and a complete selection of prices.
Much more information about car insurance in Missouri is located at these links:
- Young Drivers: The High Risk Years Video (iihs.org)
- What Car Insurance is Cheapest for 18 Year Olds in Kansas City? (FAQ)
- Who Has Affordable Auto Insurance for Low Income Drivers in Kansas City? (FAQ)
- Who Has Cheap Auto Insurance for Active Military in Kansas City? (FAQ)
- Who Has the Cheapest Car Insurance Quotes for Uninsured Drivers in Kansas City? (FAQ)
- Vehicle Insurance (Wikipedia)
- What Determines the Price of My Auto Insurance Policy? (Insurance Information Institute)