Insurance quote for Audi R8 in Colorado SpringsHow long have you put off shopping around for the cheapest Audi R8 insurance in Colorado Springs? Overpriced car insurance in Colorado Springs can draw down your budget and put the squeeze on your family's finances. Doing a rate comparison is free, only takes a few minutes, and is a good way to make sure you're not throwing money away.

A recent study showed that 70% of consumers have bought car insurance from the same company for over three years, and almost half have never shopped around. Many drivers in America could save themselves almost 46.5% a year just by comparing rates, but most undervalue the rate savings if they switch to a new company.

People have many car insurance companies to buy insurance from, and although it's nice to have a choice, it can be more challenging to find the best rates for Audi R8 insurance in Colorado Springs.

Cheapest companies for Audi R8 insurance

The companies in the list below provide free quotes in Colorado. If multiple companies are shown, we suggest you visit several of them to get the best price comparison.

Audi R8 Insurance Rates in Colorado Springs, CO
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
R8 4.2 Quattro $656 $1324 $460 $28 $138 $2,606 $217
R8 4.2 Quattro $420 $894 $352 $20 $106 $1,792 $149
R8 5.2 Quattro 10Cyl $484 $1116 $338 $20 $100 $2,058 $172
R8 5.2 Quattro 10Cyl $494 $1218 $426 $26 $128 $2,292 $191
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Prices based on single male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Colorado minimum liability limits. Discounts applied include claim-free, multi-policy, multi-vehicle, safe-driver, and homeowner. Premium amounts do not factor in vehicle garaging location which can revise prices noticeably.

Price comparison of only insuring for liability

The illustration below illustrates the comparison of Audi R8 auto insurance costs when comparing full coverage to state minimum liability only. The data assumes no tickets, no at-fault accidents, $250 deductibles, married female driver, and no discounts are applied.

When to stop paying for full coverage

There is no exact rule to stop paying for physical damage coverage on your policy, but there is a general school of thought. If the yearly cost for physical damage coverage is about 10% or more of replacement cost minus your deductible, then it might be time to buy liability only.

For example, let's pretend your Audi R8 settlement value is $7,000 and you have $1,000 policy deductibles. If your vehicle is damaged in an accident, you would only receive $6,000 after the policy deductible has been paid. If it's costing in excess of $600 a year to have full coverage, then you might consider buying liability only.

There are some conditions where buying only liability insurance is not advised. If you haven't satisfied your loan, you have to keep full coverage in order to prevent your loan from defaulting. Also, if you can't afford to buy a different vehicle in the even your car is totaled, you should not opt for liability only.

Males versus Females

The illustration below compares Audi R8 annual premium costs for male and female drivers. The data assumes no claims or driving citations, full physical damage coverage, $1,000 deductibles, marital status is single, and no policy discounts are applied.

Get cheaper rates by earning discounts

Some insurers don't necessarily list every discount they offer very well, so the following list contains both well-publicized and also the lesser-known credits that you can use to lower your rates.Save money with discounts

Just know that most discount credits are not given to all coverage premiums. The majority will only reduce the cost of specific coverages such as liability, collision or medical payments. So when the math indicates you can get free auto insurance, insurance companies wouldn't stay in business.

Insurance companies who may offer most of these discounts may include but are not limited to:

When getting free Colorado Springs auto insurance quotes, it's a good idea to every company which discounts they offer. A few discounts may not be offered in Colorado Springs. To find insurers who offer online Audi R8 insurance quotes in Colorado, follow this link.

Smart Consumers Know How to Get Car Insurance More Affordably

A large part of saving on car insurance is knowing some of the elements that go into determining your car insurance rates. If you have a feel for what positively or negatively impacts your premiums, this enables you to make decisions that may result in much lower annual insurance costs.

Shown below are a partial list of the pieces companies use to determine your rate level.

Insurance agencies can help

Many drivers would rather get advice from a local agent and that is a personal choice. A nice benefit of comparing rates online is that you can find the best rates and still choose a local agent.

Colorado Springs insurance agentsBy using this simple form, the quote information is submitted to agents in your area who will give you bids for your insurance coverage. It simplifies rate comparisons since you won't have to contact any insurance agencies because quoted prices will be sent to the email address you provide. You can find lower rates without requiring a lot of work. If you wish to compare rates from a particular provider, feel free to go to their quote page and give them your coverage information.

Picking an provider should depend on more than just a cheap price quote. Some important questions to ask are:

Different types of Colorado Springs auto insurance agents

When researching a good Colorado Springs insurance agent, you need to know there are two different types of agents and how they can quote your rates. Insurance agencies in Colorado Springs are classified as either independent or exclusive.

Exclusive Agents

These agents are contracted to one company and examples are State Farm, AAA, and Liberty Mutual. These agents are unable to compare rates from other companies so you need to shop around if the rates are high. Exclusive agents are well trained in insurance sales which helps them compete with independent agents.

Listed below are exclusive insurance agencies in Colorado Springs who may provide you with comparison quotes.

2340 Academy Blvd N - Colorado Springs, CO 80909 - (719) 597-4330 - View Map

1216 Academy Blvd N - Colorado Springs, CO 80909 - (719) 574-0210 - View Map

1806 Dominion Way Suite A - Colorado Springs, CO 80918 - (719) 630-1800 - View Map

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Independent Agents (or Brokers)

Agents in the independent channel often have many company appointments and that is an advantage because they can write policies with lots of companies and find the cheapest auto insurance rates. If they find a lower price, your agent can switch companies and you won't have to switch agencies. If you are trying to find cheaper rates, we recommend you get insurance quotes from independent agents so that you can do a thorough price comparison.

The following is a list of independent insurance agents in Colorado Springs who can help you get comparison quotes.

2306 N Powers Blvd #120 - Colorado Springs, CO 80915 - (719) 591-4500 - View Map

1880 Dublin Blvd # C - Colorado Springs, CO 80918 - (719) 528-1555 - View Map

2850 Serendipity Cir W #230 - Colorado Springs, CO 80917 - (719) 574-0082 - View Map

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Auto insurance ads are enticing

Auto insurance providers like State Farm, GEICO and Progressive continually stream ads in print and on television. They all seem to state the claim that drivers can save some big amount just by moving your policy. But how can every company offer you a better deal on Audi R8 insurance in Colorado Springs? This is the trick they use.

Companies have specific characteristics for the type of driver they prefer to insure. For example, this type of driver might be married and over the age of 30, has never had a claim, and drives a safe vehicle. Anyone who fits that profile will qualify for the lowest prices in Colorado Springs and will also save money with a new company.

Drivers who cannot meet the requirements will see higher rates and this can result in the customer buying from someone else. If you listen to the ad wording, they say "customers who switch" but not "everyone who gets a quote" save that much. This is how companies can truthfully make claims like that. Each company has different criteria, so you need to get as many free Colorado Springs auto insurance quotes as possible. It's impossible to know with any certainty which company will have the best prices at this point in time.

Persistence will pay off

We just covered many ideas to lower your Audi R8 insurance premium rates in Colorado Springs. It's most important to understand that the more companies you get prices for, the higher your chance of finding affordable Colorado Springs auto insurance quotes. You may even be surprised to find that the lowest priced auto insurance comes from a small local company. These smaller insurers may cover specific market segments cheaper as compared to the big name companies such as Allstate, GEICO and Progressive.

Some companies may not provide the ability to get quotes online and these regional carriers only sell through independent insurance agents. Lower-priced Audi R8 insurance in Colorado Springs can be purchased on the web and with local Colorado Springs insurance agents, and you should compare rates from both to get a complete price analysis.

When trying to cut insurance costs, it's a bad idea to buy poor coverage just to save money. In many instances, an insured dropped liability limits or collision coverage only to discover later that they should have had better coverage. Your focus should be to purchase plenty of coverage for the lowest price while not skimping on critical coverages.

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