Lower Your 1997 Volvo 850 Insurance Rates

Sick and tired of scraping the payment together to insure your Volvo every month? You are in the same boat as many other drivers. Many insurers vie for your business, and it can be difficult to compare rates to get the lowest cost out there.

Don’t miss these discounts

Car insurance companies do not list all available discounts in an easy-to-find place, so we took the time to find both the well known and the harder-to-find ways to save on auto insurance. If they aren’t giving you every credit you qualify for, you are paying more than you should be.

  • Drivers Education – Cut your cost by having your teen driver complete a driver education course in school.
  • Student in College – Kids in college who live away from home and do not have access to a covered vehicle may be able to be covered for less.
  • Safety Course Discount – Taking part in a course in driver safety could possibly earn you a 5% discount if you qualify.
  • Passive Restraints – Vehicles with factory air bags or automatic seat belts can get savings of 20% or more.
  • Payment Discounts – If you pay your bill all at once instead of paying each month you may reduce your total bill.
  • Save with a New Car – Putting insurance coverage on a new car can save up to 30% compared to insuring an older model.
  • Service Members Pay Less – Having a family member in the military could be rewarded with lower premiums.

Keep in mind that most discounts do not apply to all coverage premiums. Some only reduce specific coverage prices like collision or personal injury protection. Just because you may think it’s possible to get free car insurance, it just doesn’t work that way.

To see a list of insurers offering auto insurance discounts, follow this link.

When might I need help?

When choosing the right insurance coverage, there is no best way to insure your cars. Every insured’s situation is different and your policy should reflect that. For instance, these questions could help you determine whether you might need an agent’s assistance.

  • Am I covered if I drive in a foreign country?
  • What is high-risk coverage and where do I buy it?
  • Does liability extend to a camper or trailer?
  • Can I get a multi-policy discount?
  • Am I covered if I hit a deer?
  • Are all vehicle passengers covered by medical payments coverage?
  • Am I covered when pulling a rental trailer?
  • Is a new car covered when I drive it off the dealer lot?
  • Why am I required to buy liability insurance?

If you’re not sure about those questions then you might want to talk to an insurance agent. To find lower rates from a local agent, fill out this quick form or go to this page to view a list of companies. It only takes a few minutes and can provide invaluable advice.

Advertising myths

Consumers constantly see and hear ads for the lowest price auto insurance by companies like Geico, State Farm and Progressive. All the companies have a common claim that you can save if you change to them.

But how can every company claim to save you money?

Insurance companies have a preferred profile for the right customer they prefer to insure. For example, a driver they prefer could be over the age of 50, owns a home, and has a short commute. A propective insured who matches those parameters is entitled to the best price and as a result will probably save when switching.

Drivers who are not a match for the “perfect” profile will be charged a more expensive rate which usually ends up with the customer not buying. The ads say “customers who switch” but not “drivers who get quotes” save money. That’s the way companies can truthfully claim big savings. That is why it’s extremely important to get a wide range of price quotes. You cannot predict which company will have the lowest Volvo 850 insurance rates.

Car insurance coverages explained

Knowing the specifics of car insurance helps when choosing the right coverages and proper limits and deductibles. The coverage terms in a policy can be difficult to understand and nobody wants to actually read their policy. Listed below are typical coverages found on most car insurance policies.

Uninsured/Underinsured Motorist coverage – This coverage provides protection from other drivers when they either have no liability insurance or not enough. Covered claims include injuries sustained by your vehicle’s occupants and also any damage incurred to your 1997 Volvo 850.

Since many drivers carry very low liability coverage limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages should not be overlooked.

Collision coverages – This coverage will pay to fix damage to your 850 caused by collision with another vehicle or an object, but not an animal. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against things like colliding with a tree, rolling your car, crashing into a ditch and damaging your car on a curb. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from older vehicles. Drivers also have the option to bump up the deductible in order to get cheaper collision rates.

Medical payments coverage and PIP – Med pay and PIP coverage kick in for short-term medical expenses for doctor visits, surgery and X-ray expenses. The coverages can be used to fill the gap from your health insurance policy or if you do not have health coverage. Coverage applies to not only the driver but also the vehicle occupants and will also cover if you are hit as a while walking down the street. PIP coverage is not available in all states but can be used in place of medical payments coverage

Comprehensive coverage – Comprehensive insurance covers damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things like theft, hail damage, hitting a deer and fire damage. The highest amount your car insurance company will pay is the actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Liability insurance – Liability coverage provides protection from injuries or damage you cause to other’s property or people by causing an accident. This insurance protects YOU against other people’s claims. It does not cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have policy limits of 50/100/50 that translate to $50,000 bodily injury coverage, a limit of $100,000 in injury protection per accident, and a limit of $50,000 paid for damaged property.

Liability coverage pays for claims such as repair bills for other people’s vehicles, medical expenses, bail bonds and loss of income. How much coverage you buy is up to you, but it’s cheap coverage so purchase as much as you can afford.

Save your cold hard cash

Cost effective 1997 Volvo 850 insurance is definitely available from both online companies as well as from independent agents, and you should be comparing both in order to have the best price selection to choose from. Some companies don’t offer online price quotes and many times these small insurance companies only sell through independent insurance agents.

While you’re price shopping online, it’s not a good idea to sacrifice coverage to reduce premiums. There are many occasions where an insured dropped physical damage coverage only to discover later that they should have had better coverage. Your focus should be to buy enough coverage at an affordable rate while still protecting your assets.

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