Cheap Rate Quotes for Audi R8 Insurance in Detroit

Insurance quote for Audi R8 in DetroitThe easiest way to get the cheapest Audi R8 insurance in Detroit is to compare prices annually from different companies in Michigan. Rates can be compared by following these guidelines.

  1. Get a basic knowledge of how companies set rates and the measures you can control to prevent expensive coverage. Many rating criteria that cause high rates such as traffic violations, accidents, and a less-than-favorable credit score can be amended by making minor driving habit or lifestyle changes. Keep reading for additional ideas to prevent expensive rate increases and find overlooked discounts.
  2. Obtain price quotes from independent agents, exclusive agents, and direct companies. Direct and exclusive agents can only provide price estimates from a single company like Progressive or Farmers Insurance, while independent agencies can quote prices from many different companies.
  3. Compare the new rate quotes to your existing coverage and see if there is a cheaper rate in Detroit. If you can save money, make sure there is no lapse between the expiration of your current policy and the new one.

A good tip to remember is to compare the same deductibles and limits on every quote and and to look at as many auto insurance providers as possible. This ensures an apples-to-apples comparison and a good representation of prices.

It’s well known that car insurance companies don’t want policyholders to shop around. People who compare rates annually will, in all likelihood, buy a different policy because there are good odds of finding a more affordable policy. Remarkably, a study showed that consumers who compared rates once a year saved over $72 a month as compared to drivers who never compared prices.

If finding the cheapest price for Audi R8 insurance is why you’re reading this, then learning a little about how to get rate quotes and compare coverage rates can help you succeed in saving money.

The providers in the list below provide price quotes in Detroit, MI. To get the cheapest car insurance in Michigan, it’s highly recommended you visit two to three different companies to find the lowest car insurance rates.

Coverage analysis

The coverage information shown below outlines estimates of coverage costs for Audi R8 models. Having a better understanding of how policy rates are determined is important to be able to make informed coverage decisions.


Audi R8 Insurance Rates in Detroit, MI
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
R8 4.2 Quattro $916 $2164 $932 $56 $280 $4,348 $362
R8 4.2 Quattro $916 $2164 $932 $56 $280 $4,348 $362
R8 5.2 Quattro 10Cyl $1102 $2560 $932 $56 $280 $4,930 $411
R8 5.2 Quattro 10Cyl $1102 $2560 $932 $56 $280 $4,930 $411
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Table data represents single female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Michigan minimum liability limits. Discounts applied include multi-policy, claim-free, safe-driver, multi-vehicle, and homeowner. Table data does not factor in vehicle location which can raise or lower prices significantly.

Analysis of deductible levels

When comparing insurance rates, the most common question is at what level do you set your deductibles. The rates shown below illustrate the rate difference between high and low policy deductibles. The first rate table uses a $100 deductible for comp and collision and the second set of prices uses a $500 deductible.


Audi R8 insurance premium rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
R8 4.2 Quattro $1130 $2604 $690 $40 $206 $4,695 $391
R8 4.2 Quattro $1130 $2604 $690 $40 $206 $4,695 $391
R8 5.2 Quattro 10Cyl $1360 $3082 $690 $40 $206 $5,403 $450
R8 5.2 Quattro 10Cyl $1360 $3082 $690 $40 $206 $5,403 $450
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Audi R8 insurance premium rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
R8 4.2 Quattro $824 $1758 $690 $40 $206 $3,518 $293
R8 4.2 Quattro $824 $1758 $690 $40 $206 $3,518 $293
R8 5.2 Quattro 10Cyl $992 $2082 $690 $40 $206 $4,010 $334
R8 5.2 Quattro 10Cyl $992 $2082 $690 $40 $206 $4,010 $334
Get Your Own Custom Quote Go

Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Michigan minimum liability limits. Discounts applied include multi-policy, claim-free, homeowner, safe-driver, and multi-vehicle. Premium amounts do not factor in specific Detroit garaging location which can impact rates greatly.

Based on the above data, using a $100 deductible costs about $107 more each month or $1284 a year than buying the higher $500 deductible. Because you would pay $400 more to settle a claim with a $500 deductible as compared to a $100 deductible, if you tend to have at a minimum 4 months between claim filings, you would more than likely save some money if you decide on a higher deductible.

The diagram below demonstrates how deductible levels and can raise or lower Audi R8 insurance rates for different ages of insureds. The costs are based on a single male driver, comprehensive and collision coverage, and no additional discounts are factored in.

Insurance premiums by gender

The example below illustrates the comparison of Audi R8 yearly insurance costs for male and female drivers. The rate quotes are based on a clean driving record, no claims, full coverage, $1,000 deductibles, drivers are single, and no policy discounts are applied.

How to Lower Your Insurance Rates

An important part of buying insurance is that you know some of the elements that come into play when calculating the price you pay for auto insurance. If you have some idea of what influences your rates, this enables you to make decisions that can earn you lower premium levels.

The factors shown below are some of the most rate-impacting factors that factor into prices.

Why you need insurance for your Audi vehicle

Even though it’s not necessarily cheap to insure an Audi in Detroit, maintaining insurance is a good idea for several reasons.

The benefits of having insurance outweigh the cost, particularly when you have a large claim. On average, a vehicle owner in Detroit is overpaying more than $850 per year so you should quote your policy with other companies once a year at a minimum to ensure rates are competitive.