Would you like to find more affordable Audi R8 insurance in Houston? Are you sick and tired of sacrificing other expenses to pay high auto insurance rates every month? You are no different than many other people in Texas.
Regrettably, 70% of consumers renewed their policy with the same company for at least the last four years, and virtually 40% of consumers have never even shopped around for lower-cost coverage. With the average auto insurance premium being $2,700, Texas drivers could pocket almost $1,800 a year, but they don’t understand how simple it is to compare other rate quotes. Companies like GEICO and Progressive continually hit you with fancy advertisements and it is difficult to see past the geckos and flying pigs and find the best price available.
If you are already insured or want to find a cheaper company, take advantage of these tips to shop for the lowest rates without reducing coverage. Finding affordable car insurance coverage in Houston is actually quite easy if you know where to start. Shoppers just have to know how to shop for car insurance from many different companies online.
Do you qualify for discounts on Audi R8 insurance in Houston?
Insurance is not an enjoyable expense, but you might be missing out on some discounts to cut the cost considerably. Some discounts will apply when you purchase, but lesser-known reductions have to be specially asked for before you will receive the discount. If you are not receiving all the discounts available, you may be paying too high a price.
- Student in College – College-age children who live away from home at college and do not have a car can receive lower rates.
- Multiple Vehicles – Drivers who insure several vehicles with the same insurance company can get a discount on all vehicles.
- Discounts for Responsible Drivers – Drivers who avoid accidents may receive a discount up to 45% than their less cautious counterparts.
- Onboard Data Collection – Insureds who allow data collection to spy on vehicle usage by using a telematics device in their vehicle such as Allstate’s Drivewise and State Farm’s In-Drive system may see discounts as long as the data is positive.
- Defensive Driver – Completing a driver safety course could save 5% or more and make you a better driver.
- Own a Home – Being a homeowner can save you money since home ownership demonstrates responsibility.
- Federal Government Employee – Simply working for the federal government could qualify for a slight premium decrease depending on your company.
We need to note that some credits don’t apply to the whole policy. Some only reduce the cost of specific coverages such as comprehensive or collision. So when it seems like you can get free auto insurance, company stockholders wouldn’t be very happy.
A list of insurance companies and their possible discounts are included below.
- State Farm has discounts for anti-theft, multiple autos, student away at school, driver’s education, Drive Safe & Save, good student, and defensive driving training.
- Farmers Insurance may have discounts that include distant student, mature driver, bundle discounts, early shopping, good student, and multi-car.
- GEICO policyholders can earn discounts including good student, defensive driver, multi-vehicle, anti-lock brakes, seat belt use, and multi-policy.
- American Family offers discounts for early bird, good driver, accident-free, TimeAway discount, multi-vehicle, and defensive driver.
- Nationwide may offer discounts for anti-theft, good student, easy pay, family plan, and accident-free.
- Progressive offers premium reductions for continuous coverage, multi-policy, good student, online signing, and multi-vehicle.
Before buying, ask every company how you can save money. Some of the discounts discussed earlier may not be offered in every state. To choose insurance companies that offer the discounts shown above in Texas, click this link.
How to shop Audi R8 insurance online
Lowering your Audi R8 auto insurance rates is a fairly straight forward process. Drivers just need to invest a few minutes comparing rate quotes from some recommended companies.
Doing online rates comparisons is so easy that it makes it a waste of time to go to all the different Houston insurance agencies. Comparing online rate quotes makes this unnecessary unless you’re the type of person who wants the extra assistance of a licensed agent. Drivers can compare the best prices online but buy from a local insurance agent.
The companies shown below offer free quotes in Texas. If multiple providers are shown, it’s highly recommended you visit two to three different companies in order to get a fair rate comparison.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| R8 4.2 Quattro | $442 | $952 | $388 | $24 | $116 | $1,922 | $160 |
| R8 4.2 Quattro | $486 | $1220 | $366 | $22 | $110 | $2,204 | $184 |
| R8 5.2 Quattro 10Cyl | $580 | $1396 | $430 | $26 | $128 | $2,560 | $213 |
| R8 5.2 Quattro 10Cyl | $720 | $1922 | $496 | $30 | $148 | $3,316 | $276 |
| Get Your Own Custom Quote Go | |||||||
Data variables include single female driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Texas minimum liability limits. Discounts applied include safe-driver, claim-free, homeowner, multi-vehicle, and multi-policy. Premium costs do not factor in specific location which can lower or raise price quotes greatly.
Higher deductibles save money
One of the more difficult decisions when buying auto insurance is where to set your physical damage deductibles. The rates shown below summarize how much more you’ll pay between high and low deductibles. The first price estimate table uses a $250 comprehensive and collision deductible 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 | $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 | $454 | $970 | $382 | $22 | $114 | $1,942 | $162 |
| R8 4.2 Quattro | $454 | $970 | $382 | $22 | $114 | $1,942 | $162 |
| R8 5.2 Quattro 10Cyl | $548 | $1148 | $382 | $22 | $114 | $2,214 | $185 |
| R8 5.2 Quattro 10Cyl | $548 | $1148 | $382 | $22 | $114 | $2,214 | $185 |
| Get Your Own Custom Quote Go | |||||||
Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include multi-policy, claim-free, homeowner, multi-vehicle, and safe-driver. Information does not factor in specific Houston garaging location which can impact coverage prices greatly.
We can derive from the above data that using a $250 deductible costs about $32 more each month or $384 each year than opting for the higher $500 deductible. Because you would pay $250 more out-of-pocket with a $500 deductible as compared to a $250 deductible, if you normally average more than 8 months between claims, you would most likely save money by going with a higher deductible.
Calculate deductible break even point
| Average monthly premium for $250 deductibles: | $206 |
| Average monthly premium for $500 deductibles (subtract): | – $174 |
| Monthly savings from raising deductible: | $32 |
| Difference between deductibles ($500 – $250): | $250 |
| Divide difference by monthly savings: | $250 / $32 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 8 months |
One thing to note is that a higher deductible results in a higher out-of-pocket expense when you do file a claim. It will be required that you have some savings in order to pay the higher deductible.
Rate comparison of males versus females in Houston
The information below illustrates the comparison of Audi R8 insurance rates for male and female drivers. The premiums are based on no claims or driving citations, comprehensive and collision coverage, $100 deductibles, single marital status, and no discounts are taken into consideration.
What Determines Audi R8 Insurance Costs?
Many different elements are part of the calculation when you get your auto insurance bill. A few of the factors are predictable such as your driving record, but some are more transparent like your continuous coverage or your commute time.
Gaps in coverage mean higher prices – Driving without insurance is illegal and you may have a hard time finding new coverage because you let your insurance lapse. Not only will you pay higher rates, not being able to provide proof of insurance could earn you a license revocation or jail time.
Safer vehicles save money – Vehicles with high crash test scores get lower rates. Safe vehicles reduce the chance of injuries and any reduction in injury severity means your insurance company pays less which can result in lower premiums. If your Audi has ratings of a minimum an “acceptable” rating on the Insurance Institute for Highway Safety website you may qualify for a discount.
Marriage pays dividends – Walking down the aisle actually saves money on your car insurance bill. Marriage translates into being more mature and insurance companies reward insureds because drivers who are married are more cautious.
Pleasure use saves money – The more you drive your Audi in a year’s time the higher your rates will be. Most insurance companies charge to insure your cars determined by how the vehicle is used. Vehicles that do not get driven very much receive lower rates compared to those used for work or business. Incorrect rating for your R8 may be costing you. It’s a smart idea to ensure your car insurance policy is rated on the correct usage.
Impacts performance impacts auto insurance rates – The performance of the car you drive makes a huge difference in your rates. The lowest base rates are for lower cost passenger cars, but the final cost of insurance is determined by many other factors. Because the Audi R8 falls in the luxury sports car class, rates will be up to twice as much when compared to the average rates in Houston.
How much insurance do I need?
When choosing insurance from an agent or online, there is no “perfect” insurance plan. Every insured’s situation is different so your insurance should reflect that For example, these questions might help in determining whether your personal situation might need professional guidance.
- Exactly who is provided coverage by my policy?
- Is extra glass coverage worth it?
- Should I file a claim if it’s only slightly more than my deductible?
- What does roadside assistance cover?
- Are my company tools covered if they get stolen?
- How much will a speeding ticket raise my rates?
- Can my teen drive my company car?
- How high should my uninsured/underinsured coverage be in Texas?
If you’re not sure about those questions but one or more may apply to you, you may need to chat with an insurance agent. To find lower rates from a local agent, complete this form or go to this page to view a list of companies. It’s fast, free and may give you better protection.
Don’t I need to contact an insurance agent?
A lot of people prefer to sit down and talk to an agent and that can be a smart move Agents can help you choose the best coverages and help submit paperwork. One of the benefits of getting online price quotes is the fact that you can find better rates and still choose a local agent. Buying insurance from neighborhood agents is important especially in Houston.
After filling out this form (opens in new window), the quote information is sent to insurance agents in Houston that can give you free Houston auto insurance quotes to get your business. It makes it easy because there is no need to leave your computer since price quotes are sent to the email address you provide. If you need to get a price quote for a specific company, just jump over to their website and complete a quote there.
Choosing the best insurer shouldn’t rely on just a low price. Any agent in Houston should have no problem answering these questions:
- Do they make recommendations based only on price?
- Can they help ensure a fair claim settlement?
- Does the agent recommend any additional coverage?
- How many years have they been established?
- Does the agency have a positive business rating?
Once you have satisfactory answers and locked in a price quote, you have narrowed it down to an insurer that is reputable and can service your policy. But keep in mind consumers can cancel coverage at any time so never assume you are locked into a specific company with no way to switch.
Why you need quality insurance for your Audi R8
Even though it can be expensive, paying for auto insurance serves an important purpose.
- Most states have compulsory liability insurance requirements which means state laws require a specific minimum amount of liability insurance in order to get the vehicle licensed. 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 bought your R8 with a loan, almost all lenders will stipulate that you have full coverage to guarantee payment of the loan. If you let the policy lapse, the bank or lender will purchase a policy for your Audi at a more expensive rate and force you to pay for the expensive policy.
- Insurance safeguards both your car and your personal assets. It will also cover all forms of medical expenses for you, any passengers, and anyone injured in an accident. Liability coverage will also pay for a defense attorney if someone files suit against you as the result of an accident. If you receive damage to your vehicle caused by a storm or accident, comprehensive and collision coverage will cover the damage repairs after a deductible is paid.
The benefits of buying auto insurance are without a doubt worth the cost, especially when you need to use it. The average driver in Texas overpays more than $750 every year so smart consumers compare quotes each time the policy renews to ensure rates are competitive.
In Summary
Some companies may not provide the ability to get a quote online and these small, regional companies prefer to sell through independent agents. The cheapest Audi R8 insurance in Houston can be bought on the web in addition to many Houston insurance agents, so you should be comparing quotes from both to get a complete price analysis.
When you buy Houston auto insurance online, do not skimp on critical coverages to save a buck or two. There have been many situations where an insured cut uninsured motorist or liability limits and learned later that it was a big mistake. The goal is to buy enough coverage at the best price, not the least amount of coverage.
Additional resources
- Senior Drivers (Insurance Information Institute)
- Who Has the Cheapest Houston Auto Insurance Quotes for a Dodge Ram? (FAQ)
- Who Has the Cheapest Auto Insurance Quotes for a Toyota Tacoma in Houston? (FAQ)
- Who Has the Cheapest Car Insurance Quotes for a Nissan Sentra in Houston? (FAQ)
- What Car Insurance is Cheapest for Low Credit Scores in Houston? (FAQ)
- How Much are Car Insurance Quotes for Infrequent Drivers in Houston? (FAQ)
- Who Has Affordable Car Insurance Rates for Drivers Over Age 70 in Houston? (FAQ)
- What Insurance is Cheapest for Seniors in Houston? (FAQ)
- Older Driver Statistics (Insurance Information Institute)
- How Does Hitting a Deer Impact Insurance Rates? (Allstate)
- Crash Avoidance Technologies FAQ (iihs.org)