Save on 2008 Volvo XC70 Insurance Quotes

Looking for better insurance rates for your Volvo XC70? Finding better insurance prices for your Volvo XC70 can be a painful process, but you can follow a few tricks to find lower rates.

There is a right way and a wrong way to compare insurance rates and we’ll show you the proper way to get price quotes for a new or used Volvo and find the lowest price.

Smart consumers take time to take a look at other company’s rates every six months because insurance rates go up and down regularly. Just because you found the best price for XC70 insurance a few years ago there may be better deals available now. Forget anything you know (or think you know) about insurance because you’re about to learn the best methods to save money, get proper deductibles and limits, all at the lowest rate.

If you have a current car insurance policy or are shopping for new coverage, you will benefit by learning to get lower rates while maintaining coverages. Shopping for the cheapest coverage can be fairly easy. Drivers just need to know the most efficient way to shop their coverage around over the internet.

Are you getting all your discounts?

Car insurance is not cheap, but there are discounts available that can drop the cost substantially. Larger premium reductions will be automatically applied at the time you complete a quote, but some must be asked about prior to getting the savings. If they aren’t giving you every credit possible, you are throwing money away.

  • New Car Discount – Adding a new car to your policy can be considerably cheaper due to better safety requirements for new cars.
  • Multiple Cars – Having all your vehicles on one policy can get a discount on all vehicles.
  • No Accidents – Claim-free drivers pay much less when compared to frequent claim filers.
  • Anti-lock Brake Discount – Vehicles with anti-lock braking systems can reduce accidents and earn discounts up to 10%.
  • Use Seat Belts – Requiring all passengers to wear their seat belts can save up to 15% off your PIP or medical payments premium.
  • Payment Method – If paying your policy premium upfront instead of monthly or quarterly installments you can actually save on your bill.
  • Theft Prevention System – Vehicles with anti-theft systems can help prevent theft and qualify for as much as a 10% discount.
  • Homeowners Savings – Simply owning a home may trigger a insurance coverage policy discount due to the fact that maintaining a home is proof that your finances are in order.
  • One Accident Forgiven – Certain companies will forgive one accident without raising rates if you are claim-free for a set time period.

Keep in mind that most discounts do not apply the the whole policy. Most only apply to the price of certain insurance coverages like physical damage coverage or medical payments. So even though it sounds like you could get a free insurance coverage policy, companies wouldn’t make money that way. Any qualifying discounts will bring down your premiums.

For a list of companies with discount insurance coverage rates, click here.

Compare Quotes for Insurance

Comparing insurance rates can take time and effort if you don’t utilize the most efficient way to do it. You can spend your afternoon talking about coverages with local insurance agents in your area, or you can stay home and use online quoting to get pricing more quickly.

Many insurance companies take part in a program that allows shoppers to only type in their quote data once, and every company returns a competitive quote based on the submitted data. This eliminates the need for quote forms for each company. To get comparison pricing now click to open in new window.

The single downside to getting quotes like this is you are unable to specify which insurance companies to get pricing from. So if you prefer to choose specific insurance companies to request quotes from, we put together a list of insurance companies in your area. Click to view list.

It’s up to you which method you use, but make sure you use the exact same deductibles and coverage limits on every quote. If you use differing limits you will not be able to find the best deal for your Volvo XC70.

Volvo XC70 insurance rates have many determining factors

Smart consumers have a good feel for some of the elements that come into play when calculating the rates you pay for insurance coverage. Understanding what controls the rates you pay empowers consumers to make smart changes that can help you get lower insurance coverage prices.

  • Where do you drive? – The more you drive every year the more you will pay for insurance coverage. Most companies charge to insure your cars determined by how the vehicle is used. Cars left parked in the garage get more affordable rates compared to those used for work or business. Having the wrong rating on your XC70 can cost quite a bit. Make sure your insurance coverage policy is showing the correct driver usage.
  • Mature drivers pay less – Young drivers are known to get distracted easily in a vehicle so they pay higher insurance coverage rates. Mature drivers are more responsible, tend to cause fewer accidents and receive fewer citations.
  • Occupation reflects on rates – Did you know your occupation can influence how much you pay for insurance coverage? Occupations such as doctors, business owners and dentists tend to pay the highest average rates because of high stress levels and lengthy work days. Other occupations such as actors, historians and homemakers have the lowest average rates for XC70 insurance.
  • A lapse in coverage is a bad thing – Allowing your coverage to lapse is a sure-fire way to increase your insurance coverage rates. And not only will your rates increase, but being ticketed for driving with no insurance may earn you a license revocation or jail time.Then you may be required to file a SR-22 with your state DMV.
  • Don’t get talked into coverage you don’t need – There are quite a few add-on coverages that you can buy on your insurance coverage policy. Coverages for vanishing deductibles, towing coverage and motor club memberships may be wasting your money. These coverages may sound good when talking to your agent, but if you don’t need them eliminate them to save money.
  • Having a spouse can save you money – Getting married can actually save you money on your insurance coverage policy. Having a spouse means you’re more mature than a single person and it’s statistically proven that married drivers get in fewer accidents.

Tailor your coverage to you

When choosing the right insurance coverage, there is no best way to insure your cars. Every insured’s situation is different.

Here are some questions about coverages that may help highlight if your insurance needs might need an agent’s assistance.

  • Do all my vehicles need collision coverage?
  • Am I covered when driving on a suspended license?
  • Do I pay less if my vehicle is kept in my garage?
  • How high should my uninsured/underinsured coverage be in my state?
  • Does my liability insurance cover pulling a trailer or camper?
  • When do I need to add a new car to my policy?

If you’re not sure about those questions but you think they might apply to your situation, then you may want to think about talking to a licensed agent. To find an agent in your area, simply complete this short form. It only takes a few minutes and may give you better protection.

Insurance coverage ads bend the truth

Consumers constantly see and hear ads for the lowest price auto insurance by companies like State Farm and Allstate. All the companies have a common claim that you’ll save big if you move to them.

But how can every company make almost identical claims?

Insurance companies have a preferred profile for the type of driver that is profitable for them. For example, a driver they prefer might be a mature driver, has no prior claims, and drives newer vehicles. Any new insured who fits that profile receives the best rates and most likely will save a lot of money.

Potential insureds who are not a match for the “perfect” profile will be charged higher rates which usually ends up with the customer not buying. The ad wording is “customers who switch” not “everyone that quotes” save that much money. That’s why companies can state the savings.

That is why drivers must get a wide range of price quotes. It’s just too difficult to predict which insurance coverage company will have the lowest Volvo XC70 insurance rates.

Educate yourself about car insurance coverages

Knowing the specifics of your policy aids in choosing the right coverages for your vehicles. The coverage terms in a policy can be impossible to understand and reading a policy is terribly boring.

Comprehensive (Other than Collision)

This coverage will pay to fix damage OTHER than collision with another vehicle or object. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers claims such as fire damage, vandalism, rock chips in glass, falling objects and hitting a deer. The most your car insurance company will pay is the ACV or actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Auto collision coverage

Collision insurance pays for damage to your XC70 resulting from colliding with another car or object. You have to pay a deductible then your collision coverage will kick in.

Collision can pay for claims such as colliding with a tree, sideswiping another vehicle, rolling your car and scraping a guard rail. Collision coverage makes up a good portion of your premium, so consider dropping it from older vehicles. It’s also possible to raise the deductible to bring the cost down.

Liability insurance

This coverage protects you from damage that occurs to people or other property that is your fault. This insurance protects YOU from legal claims by others. It does not cover your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show values of 100/300/100 which stand for $100,000 bodily injury coverage, $300,000 for the entire accident, and $100,000 of coverage for damaged propery. Another option is one limit called combined single limit (CSL) which provides one coverage limit without having the split limit caps.

Liability coverage protects against things like pain and suffering, emergency aid, attorney fees, funeral expenses and repair costs for stationary objects. How much coverage you buy is a personal decision, but you should buy as much as you can afford.

Protection from uninsured/underinsured drivers

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when the “other guys” either are underinsured or have no liability coverage at all. Covered claims include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Since a lot of drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is a good idea. Usually the UM/UIM limits are identical to your policy’s liability coverage.

Medical expense insurance

Personal Injury Protection (PIP) and medical payments coverage reimburse you for bills like funeral costs, dental work, hospital visits, prosthetic devices and surgery. They are utilized in addition to your health insurance policy or if there is no health insurance coverage. They cover not only the driver but also the vehicle occupants in addition to being hit by a car walking across the street. Personal injury protection coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Stretch your dollar

People who switch companies do it for a variety of reasons including delays in responding to claim requests, policy non-renewal, poor customer service or being labeled a high risk driver. Regardless of your reason for switching companies, finding a great new company can be pretty painless.

In this article, we presented many ways to lower your 2008 Volvo XC70 insurance rates. The key concept to understand is the more price quotes you have, the better likelihood of reducing your rate. You may be surprised to find that the biggest savings come from some of the smallest insurance companies.

When trying to cut insurance costs, you should never buy lower coverage limits just to save a few bucks. In many cases, an insured dropped collision coverage and found out when filing a claim that saving that couple of dollars actually costed them tens of thousands. Your focus should be to purchase a proper amount of coverage at an affordable rate while still protecting your assets.

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