If you want to save the most money, the best way to find the cheapest price for auto insurance rates in Cleveland is to start doing an annual price comparison from providers in Ohio.
- First, spend a few minutes and learn about how auto insurance works and the modifications you can make to keep rates low. Many rating criteria that result in higher prices such as high-risk driving behaviors and bad credit can be eliminated by making lifestyle changes or driving safer.
- Second, get rate quotes from direct, independent, and exclusive agents. Exclusive agents and direct companies can only provide price estimates from one company like Progressive and State Farm, while independent agents can provide prices for a wide range of companies.
- Third, compare the price quotes to the premium of your current policy to see if a cheaper rate is available in Cleveland. If you find a lower rate quote and change companies, make sure there is no coverage gap between policies.
- Fourth, give notification to your agent or company to cancel your current coverage and submit the required down payment along with the signed application to the newly selected company. Immediately upon receiving it, store the proof of insurance certificate in your vehicle.
The most important part of shopping around is that you use identical limits and deductibles on each price quote and and to get prices from as many companies as you can. Doing this provides a level playing field and plenty of rates choose from.
Unbelievable but true, a large majority of drivers have purchased from the same company for four years or more, and practically 40% of car insurance customers have never compared rates from other carriers. Ohio insurance shoppers could save 55% each year just by getting comparison quotes, but they just don’t understand how easy it is to compare rates and save money.
How to get Cleveland Audi R8 insurance rate quotes
Reducing your Audi R8 insurance rates is pretty simple and can save money. The only thing you need to do is take the time to compare rate quotes from different insurance companies.
The companies in the list below provide comparison quotes in Cleveland, OH. If you want to find cheaper auto insurance in Ohio, we recommend you get price quotes from several of them to get the best price comparison.
Auto insurance does more than just repair your car
Even though it can be expensive, paying for auto insurance is most likely required but also gives you several important benefits.
- The majority of states have mandatory liability insurance requirements which means you are required to carry specific limits of liability if you don’t want to risk a ticket. In Ohio these limits are 25/50/25 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
- If your Audi R8 has a loan, more than likely the lender will stipulate that you have insurance to guarantee loan repayment. If you let the policy lapse, the bank may buy a policy for your Audi at a much higher rate and require you to pay the higher premium.
- Insurance protects both your Audi and your assets. Insurance will pay for medical expenses that are the result of an accident. As part of your policy, liability insurance also covers all legal expenses up to the policy limit if you are sued as the result of an accident. If your vehicle suffers damage from an accident or hail, your auto insurance policy will cover the damage repairs after a deductible is paid.
The benefits of carrying enough insurance greatly outweigh the cost, especially with large liability claims. Despite what companies tell you, the average driver overpays as much as $820 a year so you should quote your policy with other companies at least once a year to help ensure money is not being wasted.
Premium rates and analysis
The rate information shown next covers estimates of rate quotes for Audi R8 models. Learning more about how insurance rates are calculated can help guide drivers when making smart policy decisions.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| R8 4.2 Quattro | $370 | $882 | $306 | $18 | $92 | $1,668 | $139 |
| R8 4.2 Quattro | $370 | $882 | $306 | $18 | $92 | $1,668 | $139 |
| R8 5.2 Quattro 10Cyl | $446 | $1044 | $306 | $18 | $92 | $1,906 | $159 |
| R8 5.2 Quattro 10Cyl | $446 | $1044 | $306 | $18 | $92 | $1,906 | $159 |
| Get Your Own Custom Quote Go | |||||||
Price data assumes single female driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Ohio minimum liability limits. Discounts applied include homeowner, multi-vehicle, claim-free, multi-policy, and safe-driver. Premium amounts do not factor in vehicle garaging location which can change auto insurance rates considerably.
Physical damage deductibles
One of the hardest decisions when shopping for auto insurance is the level to set your comp and collision deductibles. The rates shown below outline the differences in price when you buy lower versus higher policy deductibles. The first rate table uses a $250 deductible for comp and collision and the second rate chart uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| R8 4.2 Quattro | $334 | $716 | $226 | $14 | $68 | $1,383 | $115 |
| R8 4.2 Quattro | $334 | $716 | $226 | $14 | $68 | $1,383 | $115 |
| R8 5.2 Quattro 10Cyl | $402 | $848 | $226 | $14 | $68 | $1,583 | $132 |
| R8 5.2 Quattro 10Cyl | $402 | $848 | $226 | $14 | $68 | $1,583 | $132 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| R8 4.2 Quattro | $270 | $578 | $226 | $14 | $68 | $1,156 | $96 |
| R8 4.2 Quattro | $270 | $578 | $226 | $14 | $68 | $1,156 | $96 |
| R8 5.2 Quattro 10Cyl | $326 | $684 | $226 | $14 | $68 | $1,318 | $110 |
| R8 5.2 Quattro 10Cyl | $326 | $684 | $226 | $14 | $68 | $1,318 | $110 |
| Get Your Own Custom Quote Go | |||||||
Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Ohio minimum liability limits. Discounts applied include multi-vehicle, claim-free, homeowner, multi-policy, and safe-driver. Rates do not factor in garaging location in Cleveland which can increase or decrease price quotes substantially.
Based on the figures above, using a $250 deductible will cost in the ballpark of $21 more each month or $252 every year than buying the higher $500 deductible. Due to the fact that you would have to pay $250 more if you turn in a claim with a $500 deductible as compared to a $250 deductible, if you normally average at least 12 months between claims, you would more than likely save some money if you choose a higher deductible.
Safe drivers pay less for auto insurance
The information below demonstrates how citations and at-fault collisions can increase Audi R8 insurance rates for different age groups. The prices are based on a single female driver, comp and collision included, $1,000 deductibles, and no policy discounts are applied.
Comparison of full coverage and liability-only policies
The diagram below visualizes the comparison of Audi R8 premium costs with full physical damage coverage compared to only buying liability only. Data assumes a clean driving record, no claims, $1,000 deductibles, marital status is single, and no policy discounts are applied.
When to drop comprehensive and collision
There is no definitive guideline to drop physical damage coverage, but there is a general guideline you can use. If the annual cost of coverage is more than around 10% of the replacement cost of your vehicle minus the policy deductible, then it might be time to consider dropping full coverage.
For example, let’s assume your Audi R8 book value is $3,000 and you have $1,000 full coverage deductibles. If your vehicle is destroyed, the most you would receive is $2,000 after paying your policy deductible. If premiums are more than $200 a year for full coverage, then it might be time to buy liability only.
There are a few cases where dropping physical damage coverage is not advised. If you still have a lienholder on your title, you have to keep full coverage to protect the lienholder’s interest. Also, if your emergency fund is not enough to purchase a different vehicle if your current one is in an accident, you should not remove full coverage.
Slash rates with these discounts on Audi R8 insurance in Cleveland
Insurance can be pricey, but there are discounts available that can help lower your rates. Many of these discounts will be applied automatically at the time of purchase, but some need to be manually applied before you will receive the discount. If they aren’t giving you every credit you deserve, you could be saving more on your insurance.
- Sign Online – Many larger companies will provide an incentive simply for signing on their website.
- Braking Control Discount – Cars that have steering control and anti-lock brakes are safer to drive and qualify for as much as a 10% discount.
- Driver Education Discount – Require your teen driver to complete a driver education course in school.
- Defensive Driver – Successfully completing a defensive driver course is a good idea and can lower rates and also improve your driving technique.
- Own a Home and Save – Just being a homeowner can save a few bucks because maintaining a house shows financial diligence.
- Pay Early and Save – By paying your policy upfront instead of paying each month you can avoid the installment charge.
One last thing about discounts, most discounts do not apply to all coverage premiums. A few only apply to the price of certain insurance coverages like collision or personal injury protection. So even though it sounds like all those discounts means the company will pay you, it’s just not the way it works. But any discount will bring down your overall bill.
The chart below illustrates the comparison of Audi R8 auto insurance costs with and without discounts applied to the premium. The premiums assume a female driver, no claims, a clean driving record, Ohio 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 safe-driver, multi-policy, claim-free, multi-car, marriage, and homeowner discounts applied.
A few popular companies and a partial list of their discounts are included below.
- GEICO may have discounts that include membership and employees, federal employee, emergency military deployment, daytime running lights, and anti-lock brakes.
- Mercury Insurance may include discounts for age of vehicle, annual mileage, multi-policy, good driver, multi-car, and ease of repair.
- Farmers Insurance may offer discounts for teen driver, distant student, bundle discounts, youthful driver, early shopping, and business and professional.
- Auto-Owners Insurance includes discounts for air bags, safe driver, paperless, company car, teen driver, and anti-lock brakes.
- Liberty Mutual offers premium reductions for new graduate, new vehicle discount, multi-car, exclusive group savings, multi-policy, safety features, and newly married.
- SAFECO has discounts for safe driver, teen safety rewards, multi-car, accident prevention training, homeowner, anti-theft, and drive less.
- Progressive discounts include continuous coverage, online quote discount, multi-vehicle, good student, and homeowner.
- USAA offers discounts for multi-policy, driver training, defensive driver, new vehicle, family discount, and annual mileage.
Check with every company how you can save money. A few discounts may not apply to policyholders in Cleveland. To view insurers that offer multiple discounts in Ohio, follow this link.
When to have guidance from an insurance agency
A small number of people still like to buy from a local agent and that can be a great decision Agents are trained to spot inefficiencies and help in the event of a claim. One of the benefits of comparing rate quotes online is the fact that you can find the lowest rates but still work with a licensed agent. And buying from neighborhood insurance agencies is still important in Cleveland.
Upon completion of this quick form, your insurance data is emailed to companies in Cleveland that provide free Cleveland auto insurance quotes for your coverage. It simplifies rate comparisons since you won’t have to leave your house because quoted prices will be sent to you. In the event you want to get a price quote for a specific company, you just need to jump over to their website and fill out the quote form the provide.
Pick the best auto insurance agent in Cleveland for you
When looking for a reliable insurance agent, it helps to know the two types of agencies and how they can quote your rates. Agents in Cleveland can be classified as either independent (non-exclusive) or exclusive. Either can sell car insurance policies, but we need to point out how they are different because it can factor into your agent selection.
Independent Agents (or Brokers)
These agents do not have single company limitations so they can quote policies with a variety of different insurance companies enabling the ability to shop coverage around. If your agent finds better pricing, the agent simply finds a different carrier and you don’t have to switch agencies.
If you are comparing car insurance prices, you should always get quotes from several independent insurance agents in order to compare the most rates. Many write coverage with smaller companies which may have better rates.
Featured below is a list of independent agents in Cleveland that can possibly get you comparison quotes.
- Machor Sage Insurance Agency
7379 Pearl Rd # 5 – Cleveland, OH 44130 – (440) 826-0404 – View Map - Coventry Insurance Agency
230 W Huron Rd – Cleveland, OH 44113 – (216) 307-3611 – View Map - Abc Auto Insurance Agency Inc.
1970 E 55th St – Cleveland, OH 44103 – (216) 881-2600 – View Map
Exclusive Agents
Exclusive insurance agents can only quote rates from one company like Allstate, AAA, Farmers Insurance, and State Farm. Exclusive agents are unable to compare other company’s rates so you might not find the best rates. Exclusive agents receive extensive training in insurance sales which can be an advantage. Some insured continue to use the same exclusive agent mainly due to the brand and the convenience of having all coverages with one company.
Listed below is a list of exclusive agents in Cleveland willing to provide price quote information.
- Robert Jones – State Farm Insurance Agent
12405 Larchmere Blvd – Cleveland, OH 44120 – (216) 229-3276 – View Map - Dick McClement – State Farm Insurance Agent
2700 W 25th St – Cleveland, OH 44113 – (216) 621-3723 – View Map - Allstate Insurance: Nanci Cieckiewicz
4719 State Rd – Cleveland, OH 44109 – (216) 739-0990 – View Map
Picking an insurance agent is decision based upon more than just a cheap price quote. Here are some questions to ask:
- Will they take your side in the event of a claim?
- Can you get a list of referrals?
- Do they regularly work with personal auto policies in Cleveland?
- Which family members are covered?
- Does the agency have a current Errors and Omissions policy?
Do I just need basic coverages?
When selecting your policy for your vehicles, there really isn’t a cookie cutter policy. Your financial needs are unique and your auto insurance should unique, too.
For instance, these questions can aid in determining whether or not you could use an agent’s help.
- How many claims can I have before being canceled?
- How can I get the company to pay a claim?
- Does my policy cover me when driving someone else’s vehicle?
- What does roadside assistance cover?
- What if a claim settlement is too low?
- What should my uninsured motorist coverage limits be in Ohio?
- Is my business laptop covered if it gets stolen from my vehicle?
- Do I need rental car coverage?
If you can’t answer these questions but you think they might apply to your situation, then you may want to think about talking to an agent. To find lower rates from a local agent, take a second and complete this form or click here for a list of auto insurance companies in your area. It’s fast, free and you can get the answers you need.
Best auto insurance company in Cleveland
Selecting a high-quality auto insurance company can be challenging considering how many choices drivers have in Ohio. The ranking data below could help you decide which providers you want to consider to insure your vehicles.
Top 10 Cleveland Car Insurance Companies by A.M. Best Rank
- USAA – A++
- GEICO – A++
- Travelers – A++
- State Farm – A++
- Titan Insurance – A+
- Progressive – A+
- Erie Insurance – A+
- Mercury Insurance – A+
- The Hartford – A+
- Nationwide – A+
Top 10 Cleveland Car Insurance Companies Ranked by Claims Service
- Progressive
- Travelers
- Liberty Mutual
- Nationwide
- USAA
- AAA Insurance
- GEICO
- Safeco Insurance
- Mercury Insurance
- Esurance
Get the best coverage at the lowest price
As you shop your coverage around, it’s a bad idea to reduce needed coverages to save money. In too many instances, an insured dropped liability coverage limits and found out when filing a claim that the few dollars in savings costed them thousands. Your objective should be to purchase plenty of coverage for the lowest cost, but do not sacrifice coverage to save money.
More affordable car insurance in Cleveland is definitely available on the web in addition to local insurance agencies, and you should compare price quotes from both in order to have the best price selection to choose from. Some car insurance companies do not provide rates over the internet and usually these small insurance companies provide coverage only through independent agents.
Other learning opportunities
- Rental Car Insurance Tips (Insurance Information Institute)
- What Insurance is Cheapest for 4×4 Vehicles in Cleveland? (FAQ)
- Protecting Teens from Drunk Driving (Insurance Information Institute)
- Side airbags reduce rollover fatalities (Insurance Institute for Highway Safety)
- Parking Tips to Reduce Door Dings (State Farm)