When searching for lower-priced insurance, are you confused by the sheer number of car insurance providers that you can choose from? You have such a vast assortment of providers available that it can turn into a real difficult job to lower your premium rates for Audi R8 insurance in San Antonio. Lots of people think San Antonio is a wonderful place to live, but high car insurance prices can make it impossible to afford good insurance coverage.
We don’t have to point out that fact that insurance companies don’t want you to compare rates. Drivers who get price quotes annually will, in all likelihood, switch companies because there are good odds of finding lower rate quotes. A recent study showed that people who make a habit of shopping around saved on average $3,400 over four years compared to other drivers who never shopped around.
If finding the lowest price on insurance in San Antonio is your intention, then having an understanding of how to quote prices and compare insurance premiums can make it easier to shop your coverage around.
To find the best insurance quotes, there are several ways to compare prices from many insurance companies in Texas. The fastest way to compare rates is simply to get online rate quotes. When comparing insurance rates, know that making a lot of price comparisons helps you find a lower rate than you’re paying now. Not every company allows you to get online price quotes, so it’s important to compare rates from those companies as well.
The auto insurance companies shown below have been selected to offer quotes in San Antonio, TX. If more than one company is shown, we suggest you get rates from several of them in order to find the most affordable rates.
Choosing R8 insurance is an important decision
Despite the high insurance cost for a Audi R8 in San Antonio, maintaining insurance is a good idea for several reasons.
- Most states have minimum mandated liability insurance limits which means the state requires a specific minimum amount of liability insurance coverage in order to be legal. In Texas these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
- If you have a loan on your Audi, almost every bank will require you to have comprehensive coverage to ensure loan repayment if the vehicle is totaled. If the policy lapses, the lender may insure your Audi at a much higher rate and require you to fork over a much higher amount than you were paying before.
- Insurance protects not only your car but also your assets. It will also pay for most medical and hospital costs for you, your passengers, and anyone else injured in an accident. Liability insurance will also pay attorney fees if you cause an accident and are sued. If your vehicle suffers damage from an accident or hail, your policy will cover the repair costs.
The benefits of buying enough insurance outweigh the cost, especially if you ever need it. But the average American driver is overpaying more than $855 a year so compare rates each time the policy renews to help ensure money is not being wasted.
Audi R8 insurance analysis
The price information displayed below showcases estimates of insurance prices for Audi R8 models. Being more informed about how insurance prices are calculated is important for drivers to make smart policy decisions.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| R8 4.2 Quattro | $710 | $1436 | $500 | $30 | $150 | $2,826 | $236 |
| R8 4.2 Quattro | $710 | $1436 | $500 | $30 | $150 | $2,826 | $236 |
| R8 5.2 Quattro 10Cyl | $854 | $1700 | $500 | $30 | $150 | $3,234 | $270 |
| R8 5.2 Quattro 10Cyl | $854 | $1700 | $500 | $30 | $150 | $3,234 | $270 |
| Get Your Own Custom Quote Go | |||||||
Cost estimates assume single male driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Texas minimum liability limits. Discounts applied include claim-free, multi-vehicle, multi-policy, homeowner, and safe-driver. Table data does not factor in San Antonio location which can impact premium rates considerably.
Higher deductibles save money
When shopping for insurance, a common question is how high should your deductibles be. The comparisons below sum up the rate fluctuation when you choose different physical damage deductibles. The first set of rates uses a $250 comprehensive and collision deductible and the second price grid uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| R8 4.2 Quattro | $560 | $1204 | $382 | $22 | $114 | $2,307 | $192 |
| R8 4.2 Quattro | $560 | $1204 | $382 | $22 | $114 | $2,307 | $192 |
| R8 5.2 Quattro 10Cyl | $674 | $1424 | $382 | $22 | $114 | $2,641 | $220 |
| R8 5.2 Quattro 10Cyl | $674 | $1424 | $382 | $22 | $114 | $2,641 | $220 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| R8 4.2 Quattro | $346 | $758 | $382 | $22 | $114 | $1,622 | $135 |
| R8 4.2 Quattro | $346 | $758 | $382 | $22 | $114 | $1,622 | $135 |
| R8 5.2 Quattro 10Cyl | $416 | $896 | $382 | $22 | $114 | $1,830 | $153 |
| R8 5.2 Quattro 10Cyl | $416 | $896 | $382 | $22 | $114 | $1,830 | $153 |
| Get Your Own Custom Quote Go | |||||||
Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include multi-policy, safe-driver, claim-free, multi-vehicle, and homeowner. Rate quotes do not factor in specific location information which can revise premiums significantly.
Based on the figures above, using a $250 deductible costs an average of $62 more each month or $744 each year than quoting the higher $1,000 deductible. Since you would have to pay $750 more to file a claim with a $1,000 deductible as compared to a $250 deductible, if you have at least 12 months between claim filings, you would probably be better off if you choose the higher deductible.
Calculate deductible break even point
| Average monthly premium for $250 deductibles: | $206 |
| Average monthly premium for $1,000 deductibles (subtract): | – $144 |
| Monthly savings from raising deductible: | $62 |
| Difference between deductibles ($1,000 – $250): | $750 |
| Divide difference by monthly savings: | $750 / $62 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 12 months |
An important sidenote is that increasing deductibles to lower your rates means you will have to pay more of your own money when you have to file a claim. It will be required that you have some non-essential savings in the event you need to pay the higher deductible in order to repair your vehicle.
The example below demonstrates how deductibles and can influence Audi R8 insurance prices for each different age category. The rates are based on a married female driver, comprehensive and collision coverage, and no policy discounts are applied.
Lower-cost San Antonio insurance rates with discounts
Insurance is easily one of your largest bills, but you may find discounts that could drop your premiums quite a bit. Certain credits will be shown when you get a quote, but some discounts are required to be manually applied prior to getting the savings. If you aren’t receiving every discount you deserve, you are just wasting money.
- San Antonio Homeowners Discount – Owning your own home or condo can save you money since home ownership shows financial diligence.
- Accident Waiver – Not a discount per se, but a handful of insurance companies will allow you to have one accident before hitting you with a surcharge with the catch being you have to be claim-free prior to the accident.
- Passive Restraints – Vehicles equipped with air bags can get savings as much as 30%.
- Military Rewards – Being deployed with a military unit could trigger a small discount.
- Savings for New Vehicles – Insuring a new R8 is cheaper because newer vehicles keep occupants safer.
- Seat Belts Save more than Lives – Drivers who require all occupants to use their safety belts can save up to 15% on the medical payments or PIP coverage costs.
It’s important to note that some credits don’t apply to all coverage premiums. Most only apply to individual premiums such as comp or med pay. Despite the fact that it seems like you would end up receiving a 100% discount, it’s just not the way it works. But all discounts will reduce your overall bill.
The chart below shows the comparison of Audi R8 yearly insurance costs with and without discounts applied to the rates. The information is based on a male driver, a clean driving record, no at-fault accidents, Texas state minimum liability limits, comprehensive and collision coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, marriage, claim-free, multi-policy, multi-car, and homeowner discounts applied.
Large insurance companies and some of their more popular discounts can be read below.
- GEICO discounts include air bags, membership and employees, anti-lock brakes, defensive driver, anti-theft, five-year accident-free, and seat belt use.
- USAA has discounts for multi-policy, vehicle storage, loyalty savings, military installation, and safe driver.
- Progressive includes discounts for homeowner, online quote discount, multi-policy, multi-vehicle, and continuous coverage.
- American Family policyholders can earn discounts including bundled insurance, good student, defensive driver, early bird, mySafetyValet, Steer into Savings, and multi-vehicle.
- Esurance may have discounts that include online shopper, renters, claim free, Switch & Save, and safety device.
- Farmers Insurance offers discounts including youthful driver, business and professional, mature driver, early shopping, and alternative fuel.
- State Farm may include discounts for defensive driving training, multiple autos, Drive Safe & Save, student away at school, Steer Clear safe driver discount, and driver’s education.
If you want low cost San Antonio car insurance quotes, ask each insurance company how many discounts you can get. Some credits may not apply to policyholders in every state.
Local neighborhood San Antonio car insurance agents
Many people still prefer to have an agent’s advice and that is a smart decision A good thing about getting online price quotes is you may find the best rates but also keep your business local.
After filling out this short form, your coverage information is transmitted to companies in San Antonio that can provide free San Antonio car insurance quotes for your car insurance coverage. There is no need to drive around as quotes are delivered immediately to your email address. It’s the lowest rates and an insurance agent to talk to. If for some reason you want to get a rate quote from one company in particular, don’t hesitate to go to their quote page and fill out their quote form.
Finding a good provider should depend on more than just the quoted price. Agents should be asked these questions:
- How are claims handled?
- Is the quote a firm price?
- Which members of your family are coverage by the policy?
- Does the company use OEM repair parts?
- Do they have a Better Business Bureau rating in San Antonio?
- Is there a 24/7 contact number?
Listed below are agents in San Antonio that may be willing to give price quote information for Audi R8 insurance in San Antonio.
- Mesquite Insurance Agency
501 W Quincy St – San Antonio, TX 78212 – (210) 472-3034 – View Map - Luis Corral – State Farm Insurance Agent
4416 Ramsgate St #101 – San Antonio, TX 78230 – (210) 696-6324 – View Map - Kristin Sorensen – State Farm Insurance Agent
430 W Loop 1604 N Suite 112 – San Antonio, TX 78251 – (210) 682-1200 – View Map - Raul Benavides III – State Farm Insurance Agent
6900 San Pedro Ave #135 – San Antonio, TX 78216 – (210) 824-5724 – View Map
Smart shoppers get results
As you go through the steps to switch your coverage, it’s not a good idea to sacrifice coverage to reduce premiums. There are too many instances where drivers have reduced uninsured motorist or liability limits and learned later that the savings was not a smart move. The ultimate goal is to purchase plenty of coverage at an affordable rate but still have enough coverage for asset protection.
The cheapest Audi R8 insurance in San Antonio is attainable online as well as from independent agents in San Antonio, and you should be comparing both in order to have the best price selection to choose from. A few companies do not provide online price quotes and most of the time these regional insurance providers only sell through independent insurance agents.
In this article, we presented many ways to lower your Audi R8 insurance rates in San Antonio. The most important thing to understand is the more companies you get auto insurance rates for, the better your chances of lowering your auto insurance rates. You may even discover the best rates are with a small mutual company.
Other resources
- Pickups fall short in headlight tests (Insurance Institute for Highway Safety)
- Who Has the Cheapest Auto Insurance for Drivers with Good Credit in San Antonio? (FAQ)
- Who Has Affordable San Antonio Auto Insurance for Lyft Drivers? (FAQ)
- Who Has the Cheapest Car Insurance for College Students in San Antonio? (FAQ)
- How Much is Auto Insurance for a Honda Accord in San Antonio? (FAQ)
- Credit and Insurance Scores (Insurance Information Institute)
- Choosing an Insurance Company (Insurance Information Institute)
- How to Avoid Staged Accidents (State Farm)