Audi R8 Insurance Rate Quotes in Nashville

Do you need a better way to compare low-cost Audi R8 insurance in Nashville? Are you sick and tired of not being able to scrape enough together to keep your car insured? You have the same problem as many other people in Tennessee.

Discount Audi R8 insuranceInconceivable but true, nearly 70% of consumers have remained with the same insurance company for a minimum of four years, and almost 40% of drivers have never even shopped around for affordable coverage. Many consumers in Tennessee could save 35% every year just by shopping around, but they don’t believe the actual amount they would save if they switch to a new company.

Due to the abundance of options for buying affordable insurance for an Audi R8 in Nashville, it is very difficult to find the cheapest insurance provider.

It’s important to compare rates at least once a year because prices tend to go up over time. Even if you think you had the lowest quotes on Audi R8 insurance in Nashville last year you can probably find a lower rate today. Block out anything you think you know about insurance because you’re going to learn the fastest and easiest way to properly buy coverages and cut your premium.

Components of Your Audi R8 Insurance Premiums

Many factors are taken into consideration when you quote your car insurance policy. Some factors are common sense like a motor vehicle report, but others are not quite as obvious such as your marital status or how financially stable you are.

Rates and statistics

The coverage table shown below highlights a range of prices for Audi R8 models. Learning as much as possible about how policy premiums are determined is important for drivers to make smart choices when comparing insurance rates.

Audi R8 Insurance Rates in Nashville, TN
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
R8 4.2 Quattro $368 $926 $278 $16 $82 $1,670 $139
R8 4.2 Quattro $368 $926 $278 $16 $82 $1,670 $139
R8 5.2 Quattro 10Cyl $444 $1096 $278 $16 $82 $1,916 $160
R8 5.2 Quattro 10Cyl $444 $1096 $278 $16 $82 $1,916 $160
Get Your Own Custom Quote Go

Prices based on married male driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Tennessee minimum liability limits. Discounts applied include homeowner, multi-vehicle, multi-policy, safe-driver, and claim-free. Rate information does not factor in specific location which can lower or raise premium rates greatly.

Physical damage deductible comparison

The hardest decision when buying coverage is how high or low should comp and collision deductibles be. The tables below approximate the differences in premium rates between low and high physical damage coverage deductibles. The first pricing table uses a $250 deductible and the second data table uses a $500 deductible.

Audi R8 insurance with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
R8 4.2 Quattro $424 $912 $288 $18 $86 $1,753 $146
R8 4.2 Quattro $424 $912 $288 $18 $86 $1,753 $146
R8 5.2 Quattro 10Cyl $510 $1080 $288 $18 $86 $2,007 $167
R8 5.2 Quattro 10Cyl $510 $1080 $288 $18 $86 $2,007 $167
Get Your Own Custom Quote Go

Audi R8 insurance with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
R8 4.2 Quattro $344 $736 $288 $18 $86 $1,472 $123
R8 4.2 Quattro $344 $736 $288 $18 $86 $1,472 $123
R8 5.2 Quattro 10Cyl $414 $870 $288 $18 $86 $1,676 $140
R8 5.2 Quattro 10Cyl $414 $870 $288 $18 $86 $1,676 $140
Get Your Own Custom Quote Go

Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Tennessee minimum liability limits. Discounts applied include claim-free, multi-vehicle, safe-driver, homeowner, and multi-policy. Rate quotes do not factor in zip code location which can change insurance rates greatly.

Based on the data above, we can derive that using a $250 deductible costs about $25 more each month or $300 every year than requesting the higher $500 deductible. Because you would pay $250 more if you file a claim with a $500 deductible as compared to a $250 deductible, if you usually have more than 10 months between claim filings, you would most likely save money by selecting a higher deductible. The illustration below shows how you can make your own decision.

Average monthly premium for $250 deductibles: $157
Average monthly premium for $500 deductibles (subtract): – $132
Monthly savings from raising deductible: $25
Difference between deductibles ($500 – $250): $250
Divide difference by monthly savings: $250 / $25
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 10 months

One big caveat is that a higher deductible level means you will have to pay more of your own money when you do file a claim. It will be required that you have some savings in the bank in order to pay the deductible to have repairs made.

The illustration below shows how different deductible levels and can affect Audi R8 premium costs for each different age category. The premiums are based on a married male driver, comp and collision included, and no discounts are taken into consideration.

Does it make sense to buy full coverage?

The chart below illustrates the comparison of Audi R8 yearly insurance costs with full coverage compared to only the Tennessee minimum liability coverage. The information is based on no tickets, no at-fault accidents, $500 deductibles, single marital status, and no discounts are taken into consideration.

When to stop paying for full coverage

There is no specific rule of when to phase out full coverage, but there is a general convention. If the yearly cost of full coverage is about 10% or more of any settlement you would receive from your insurance company, then you may need to consider dropping full coverage.

For example, let’s say your Audi R8 book value is $4,000 and you have $1,000 full coverage deductibles. If your vehicle is damaged in an accident, you would only receive $3,000 after paying the physical damage deductible. If premium cost is more than $300 a year for comprehensive and collision coverage, then it might be time to buy liability only.

There are a few cases where eliminating full coverage is not recommended. If you haven’t paid off your loan, you must maintain physical damage coverage to satisfy the loan requirements. Also, if you don’t have enough money to buy a different vehicle if your current one is totaled, you should keep full coverage.

Take policy discounts and save on Audi R8 insurance in Nashville

Insurance is easily one of your largest bills, but discounts can save money and there are some available that can dramatically reduce your bill. Some discounts apply automatically when you quote, but some need to be asked for before you get the savings.Discount insurance

A little disclaimer on discounts, some of the credits will not apply to the overall cost of the policy. A few only apply to individual premiums such as liability and collision coverage. So even though it sounds like having all the discounts means you get insurance for free, you’re out of luck.

The information below visualizes the comparison of Audi R8 insurance costs with and without discounts applied to the rates. The data is based on a male driver, a clean driving record, no at-fault accidents, Tennessee state minimum liability limits, full coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, multi-policy, safe-driver, marriage, multi-car, and homeowner discounts applied.

Companies that may offer quotes with most of these discounts may include but are not limited to:

If you want the cheapest Audi R8 rate quotes, ask all the companies how you can save money. Some of the discounts discussed earlier might not be offered on policies in Nashville. If you would like to see a list of insurers who offer insurance discounts in Nashville, click this link.

Car insurance companies ranked

Picking the best car insurance company is difficult considering how many different companies there are to choose from in Tennessee. The information shown below may help you decide which car insurance providers you want to consider comparing prices from.

Top 10 Nashville Car Insurance Companies Ranked by Customer Service

  1. USAA
  2. Travelers
  3. Mercury Insurance
  4. AAA Insurance
  5. Nationwide
  6. Safeco Insurance
  7. Progressive
  8. State Farm
  9. The Hartford
  10. The General

Top 10 Nashville Car Insurance Companies Ranked by Customer Satisfaction

  1. USAA – 91%
  2. AAA Insurance – 90%
  3. Esurance – 90%
  4. Mercury Insurance – 89%
  5. Nationwide – 89%
  6. Travelers – 88%
  7. Progressive – 88%
  8. Safeco Insurance – 88%
  9. State Farm – 88%
  10. Allstate – 88%

Shop around and save

While you’re price shopping online, don’t be tempted to skimp on critical coverages to save a buck or two. In many instances, consumers will sacrifice uninsured motorist or liability limits and found out when filing a claim that saving that couple of dollars actually costed them tens of thousands. The ultimate goal is to purchase a proper amount of coverage for the lowest cost.

We just showed you a lot of techniques to compare Audi R8 insurance rates in Nashville. The most important thing to understand is the more quotes you get, the better likelihood of getting cheaper Nashville auto insurance quotes. You may even find the lowest rates come from a small mutual company.

Drivers change insurance companies for any number of reasons including not issuing a premium refund, policy non-renewal, denial of a claim and even high prices. It doesn’t matter why you want to switch switching companies can be pretty painless.

How to find lower priced Audi R8 insurance in Nashville

The best way to get more affordable Audi R8 insurance is to regularly compare quotes from different companies who sell auto insurance in Nashville. Prices can be compared by following these steps.

An important part of this process is that you’ll want to compare similar coverage information on each price quote and and to get rate quotes from as many companies as you can. This provides a fair price comparison and plenty of rates choose from.

More detailed insurance information can be found at these sites: