2006 Volvo XC70 Car Insurance Cost – 5 Ideas for Cheaper Prices

Finding low-cost insurance for a Volvo XC70 can normally be a painful process, but you can learn a few tricks and make it easy. There are more efficient ways to find auto insurance online and we’ll show you the quickest way to compare rates for a new or used Volvo and obtain the lowest possible price from both online companies and local agents.

Smart consumers take time to compare rates occasionally because insurance rates are variable and change quite frequently. Even if you got the best price on XC70 insurance on your last policy you can probably find a better price now. Starting now, forget anything you know (or think you know) about auto insurance because you’re going to get a crash course in how to use online quotes to reduce your cost while increasing coverage.

Lower rates by qualifying for these five discounts

Auto insurance companies don’t always publicize all available discounts very clearly, so we break down some of the more common and the harder-to-find car insurance savings. If you’re not getting every credit available, you are throwing money away.

  • Resident Student – Youth drivers who are attending college and do not have a car may qualify for this discount.
  • Early Signing – Select companies give a discount for switching to them before your current expiration date. This can save 10% or more.
  • Low Mileage – Low mileage vehicles could be rewarded with discounted rates on garaged vehicles.
  • Organization Discounts – Affiliation with a civic or occupational organization could qualify you for a break on car insurance on XC70 insurance.
  • Safety Course Discount – Taking a defensive driving course can save you 5% or more depending on where you live.

Consumers should know that most discount credits are not given to all coverage premiums. Most only apply to the price of certain insurance coverages like physical damage coverage or medical payments. So even though they make it sound like all those discounts means the company will pay you, it doesn’t quite work that way.

To see a list of companies with the best car insurance discounts, follow this link.

The best way to compare car insurance rates is to know the fact all the major auto insurance companies actually pay money for the chance to quote your coverage. The only thing you need to do is take a few minutes to give details including how much you drive, your occupation, if it has an alarm system, and if you lease or own. The data gets transmitted to multiple different insurance companies and you will receive price estimates quickly.

To find the cheapest 2006 Volvo XC70 insurance rates, click here then complete the form.

Car insurance is unique, just like you

When it comes to choosing adequate coverage for your personal vehicles, there really is no “perfect” insurance plan. Your needs are not the same as everyone else’s.

For example, these questions could help you determine if your insurance needs could use an agent’s help.

  • Should I rate my 2006 Volvo XC70 as pleasure use or commute?
  • How much underlying liability do I need for an umbrella policy?
  • Why am I required to buy high-risk coverage?
  • When should I buy a commercial auto policy?
  • Do I pay less for low miles?
  • Can my teen drive my company car?
  • If I drive on a suspended license am I covered?
  • Does my policy pay for OEM or aftermarket parts?
  • Will filing a claim cost me more?
  • Is a fancy paint job covered?

If you can’t answer these questions but a few of them apply, you might consider talking to a licensed insurance agent. To find lower rates from a local agent, complete this form. It is quick, free and can provide invaluable advice.

Insurance coverages explained

Understanding the coverages of your insurance policy can be of help when determining the right coverages and the correct deductibles and limits. The terms used in a policy can be impossible to understand and nobody wants to actually read their policy.

Med pay and Personal Injury Protection (PIP)

Personal Injury Protection (PIP) and medical payments coverage provide coverage for immediate expenses for things like dental work, surgery, chiropractic care and funeral costs. They can be utilized in addition to your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover not only the driver but also the vehicle occupants in addition to being hit by a car walking across the street. PIP is not universally available and may carry a deductible

Collision insurance

This pays for damage to your XC70 from colliding with another car or object. A deductible applies then your collision coverage will kick in.

Collision insurance covers claims such as sideswiping another vehicle, colliding with a tree and hitting a mailbox. Collision coverage makes up a good portion of your premium, so consider dropping it from older vehicles. You can also increase the deductible to bring the cost down.

Liability coverages

This protects you from damage or injury you incur to people or other property by causing an accident. Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. Your policy might show liability limits of 50/100/50 that means you have $50,000 in coverage for each person’s injuries, $100,000 for the entire accident, and a total limit of $50,000 for damage to vehicles and property.

Liability can pay for claims like funeral expenses, court costs, repair costs for stationary objects, medical expenses and legal defense fees. How much liability should you purchase? That is a decision to put some thought into, but you should buy as high a limit as you can afford.

Comprehensive insurance

This pays for damage OTHER than collision with another vehicle or object. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims like damage from getting keyed, hitting a bird, falling objects and hail damage. The maximum payout you can receive from a comprehensive claim is the actual cash value, so if the vehicle’s value is low consider dropping full coverage.

Uninsured/Underinsured Motorist (UM/UIM)

Your UM/UIM coverage provides protection from other drivers when they either have no liability insurance or not enough. This coverage pays for injuries to you and your family and also any damage incurred to your 2006 Volvo XC70.

Since many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Smart consumers save more

Lower-priced 2006 Volvo XC70 insurance can be found online as well as from independent agents, so you should be comparing quotes from both to have the best rate selection. Some companies don’t offer online price quotes and these small insurance companies work with independent agents.

As you restructure your insurance plan, don’t be tempted to buy poor coverage just to save money. There are a lot of situations where someone sacrificed physical damage coverage only to regret that the savings was not a smart move. Your focus should be to buy enough coverage for the lowest price while not skimping on critical coverages.

In this article, we covered many ways to get a better price on insurance. The key thing to remember is the more price quotes you have, the better chance you’ll have of finding lower rates. You may be surprised to find that the best price on auto insurance is with a small mutual company.

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