2008 Volvo S80 Car Insurance Rates – 8 Savings Tips

Want lower insurance coverage rates for your Volvo S80? Are you a victim of high-priced insurance coverage? Believe me, there are many consumers feeling the pinch from expensive insurance coverage.

With consumers having so many insurance coverage companies to choose from, it’s difficult to pick the lowest cost insurer.

The quickest way to compare policy rates is to understand car insurance companies participate in a system to give you rate quotes. To begin a comparison, all you need to do is give them some information such as if you lease or own, how your vehicles are used, driver ages, and the type of vehicles you drive. That information is then sent to insurance carriers in your area and you will receive price estimates almost instantly.

To find the cheapest Volvo S80 insurance rates, click here and see if a lower rate is available.

Save on Volvo S80 insurance

Companies offering auto insurance do not advertise every discount in a way that’s easy to find, so the following is a list of both the well known and the harder-to-find ways to save on auto insurance.

  • Drivers Ed for Students – Require your teen driver to complete a driver education course in high school.
  • Accident Forgiveness – Some insurance companies will allow you to have one accident before hitting you with a surcharge so long as you haven’t had any claims for a particular time prior to the accident.
  • Theft Prevention System – Anti-theft and alarm systems prevent vehicle theft and therefore earn up to a 10% discount.
  • Use Seat Belts – Buckling up and requiring all passengers to use a seat belt can save up to 15% on the medical payments or PIP coverage costs.
  • More Vehicles More Savings – Having multiple cars or trucks with the same company qualifies for this discount.
  • Life Insurance Discount – Larger companies have a break if you buy life insurance from them.
  • Paperless Signup – Certain companies will discount your bill up to fifty bucks simply for signing over the internet.
  • Good Student Discount – Performing well in school can earn a discount of 20% or more. This discount can apply well after school through age 25.

As a disclaimer on discounts, most of the big mark downs will not be given to the overall cost of the policy. The majority will only reduce individual premiums such as physical damage coverage or medical payments. So despite the fact that it appears it’s possible to get free car insurance, it doesn’t quite work that way.

For a list of insurance companies who offer auto insurance discounts, click here to view.

Tailor your coverage to you

When buying coverage, there really is no single plan that fits everyone. Coverage needs to be tailored to your specific needs and a cookie cutter policy won’t apply. Here are some questions about coverages that may help highlight if your situation might need an agent’s assistance.

  • Am I covered when renting a car or should I buy coverage from the car rental agency?
  • Can I get a multi-policy discount?
  • When does my teenage driver need to be added to my policy?
  • Is business equipment covered while in my vehicle?
  • Are all vehicle passengers covered by medical payments coverage?
  • Am I covered when pulling a rental trailer?
  • Should I buy only the required minimum liability coverage?
  • I have a DUI can I still get coverage?
  • Do I have coverage when making deliveries for my home business?

If you don’t know the answers to these questions but you know they apply to you, then you may want to think about talking to an insurance agent. If you want to speak to an agent in your area, fill out this quick form or go to this page to view a list of companies.

Coverages available on your policy

Knowing the specifics of your insurance policy aids in choosing the right coverages and the correct deductibles and limits. Policy terminology can be confusing and even agents have difficulty translating policy wording. Shown next are typical coverages available from insurance companies.

Medical payments coverage and PIP

Coverage for medical payments and/or PIP reimburse you for immediate expenses for things like rehabilitation expenses, pain medications, chiropractic care and surgery. The coverages can be used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover all vehicle occupants as well as getting struck while a pedestrian. Personal injury protection coverage is not universally available but can be used in place of medical payments coverage

Collision protection

This will pay to fix damage to your S80 caused by collision with another vehicle or an object, but not an animal. A deductible applies then your collision coverage will kick in.

Collision coverage protects against things such as rolling your car, sustaining damage from a pot hole and driving through your garage door. This coverage can be expensive, so you might think about dropping it from older vehicles. Drivers also have the option to increase the deductible to get cheaper collision coverage.

Liability

This provides protection from damage or injury you incur to other people or property by causing an accident. Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You commonly see liability limits of 25/50/25 that means you have a limit of $25,000 per injured person, a limit of $50,000 in injury protection per accident, and a total limit of $25,000 for damage to vehicles and property.

Liability coverage protects against claims like bail bonds, pain and suffering and emergency aid. How much liability should you purchase? That is a decision to put some thought into, but consider buying as large an amount as possible.

Uninsured/Underinsured Motorist coverage

This coverage protects you and your vehicle’s occupants from other drivers when they either have no liability insurance or not enough. This coverage pays for medical payments for you and your occupants and also any damage incurred to your 2008 Volvo S80.

Because many people only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is important protection for you and your family.

Comprehensive coverage

This will pay to fix damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against things like damage from a tornado or hurricane, falling objects, hail damage and vandalism. The maximum amount you can receive from a comprehensive claim is the market value of your vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Save for a rainy day

The cheapest 2008 Volvo S80 insurance is possible from both online companies in addition to many insurance agents, so compare prices from both to have the best selection. Some insurance providers do not provide online price quotes and these smaller companies work with independent agents.

We covered quite a bit of information on how to get a better price on insurance. It’s most important to understand that the more price quotes you have, the better chance you’ll have of finding lower rates. Consumers could even find that the best prices are with some of the lesser-known companies. They often have lower prices on specific markets compared to the large companies like Allstate or State Farm.

Much more information about auto insurance can be found below: