2010 Volvo V70 Insurance Rates – 10 Tips to Save

Looking for lower car insurance rates for your Volvo V70? Feel like you’re a prisoner to high-priced car insurance? Believe me, you’re not alone. With so many options, it can be impossible to choose the lowest cost company.

Insurance Coverage Prices Online

Lowering your 2010 Volvo V70 insurance coverage rates is surprisingly easy. You just need to take time comparing rate quotes online from several insurance companies. It is quite easy and can be accomplished in a couple of different ways.

  1. The most efficient way to get quotes is to use a rate comparison form click here to open form in new window. This easy form eliminates the need for separate forms for every insurance coverage company. One simple form will get you price quotes direct from many companies.
  2. A slightly less efficient method to analyze rates consists of going to the website for every company you want to comare to complete their respective quote request forms. For examples sake, let’s assume you want rates from Nationwide, Liberty Mutual and State Farm. To get each rate you have to visit each site and enter your policy data, which is why most consumers use the first method.

    For a list of links to insurance companies in your area, click here.

Whichever method you choose, make sure you use exactly the same coverages on every quote. If your comparisons have different values for each quote you can’t possibly truly determine the lowest rate.

Pay less for Volvo V70 insurance

Car insurance companies don’t necessarily list every discount very clearly, so the following is a list of some of the more common as well as the least known insurance savings. If you’re not getting every credit you qualify for, you are paying more than you should be.

  • Payment Discounts – If paying your policy premium upfront instead of making monthly payments you can actually save on your bill.
  • Bundle and Save – If you have multiple policies with one insurance company you may save at least 10% off all policies.
  • Use Seat Belts – Drivers who require all occupants to use their safety belts can save up to 15% off the personal injury premium cost.
  • No Claims – Claim-free drivers can earn big discounts compared to drivers who are more careless.
  • Theft Prevention Discount – Cars that have factory anti-theft systems can help prevent theft and therefore earn up to a 10% discount.
  • Government Employees – Being employed by or retired from a federal job can earn a discount up to 10% on V70 insurance with certain companies.
  • Low Mileage Discounts – Fewer annual miles on your Volvo could qualify for a substantially lower rate.
  • Club Memberships – Affiliation with certain professional organizations could trigger savings on insurance on V70 insurance.
  • Drivers Ed for Students – Require your teen driver to enroll in driver’s education if it’s offered in school.
  • One Accident Forgiven – Some insurance companies permit an accident without raising rates so long as you haven’t had any claims for a particular time prior to the accident.

Keep in mind that most credits do not apply the the whole policy. Most only reduce the price of certain insurance coverages like comprehensive or collision. Just because it seems like you can get free auto insurance, companies don’t profit that way.

To see a list of companies with the best insurance discounts, click here.

Tailor your coverage to you

When it comes to buying coverage, there isn’t really a cookie cutter policy. Everyone’s situation is unique so your insurance should reflect that For instance, these questions can help discover whether or not you might need an agent’s assistance.

  • Does medical payments coverage apply to all occupants?
  • What should my uninsured motorist coverage limits be in my state?
  • Is business equipment covered while in my vehicle?
  • Is my teenager covered with friends in the car?
  • Is my state a no-fault state?
  • How can I get my company to pay me more for my totalled car?

If you’re not sure about those questions but one or more may apply to you, then you may want to think about talking to a licensed agent. To find lower rates from a local agent, complete this form or you can also visit this page to select a carrier It’s fast, doesn’t cost anything and you can get the answers you need.

What car insurance coverages do you need?

Knowing the specifics of your car insurance policy can help you determine appropriate coverage at the best deductibles and correct limits. Car insurance terms can be difficult to understand and even agents have difficulty translating policy wording. Listed below are typical coverages found on the average car insurance policy.

Liability car insurance

Liability coverage can cover injuries or damage you cause to other people or property that is your fault. This coverage protects you from legal claims by others. It does not cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have policy limits of 25/50/25 that translate to $25,000 bodily injury coverage, a per accident bodily injury limit of $50,000, and a limit of $25,000 paid for damaged property.

Liability coverage protects against claims such as bail bonds, funeral expenses and legal defense fees. How much liability should you purchase? That is up to you, but it’s cheap coverage so purchase as much as you can afford.

Uninsured/Underinsured Motorist coverage

This coverage protects you and your vehicle’s occupants when the “other guys” are uninsured or don’t have enough coverage. Covered claims include medical payments for you and your occupants and damage to your Volvo V70.

Since a lot of drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. So UM/UIM coverage is important protection for you and your family.

Coverage for collisions

Collision insurance will pay to fix damage to your V70 caused by collision with another vehicle or an object, but not an animal. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage pays for things like scraping a guard rail, hitting a parking meter, hitting a mailbox, colliding with a tree and damaging your car on a curb. Collision is rather expensive coverage, so consider removing coverage from vehicles that are older. Another option is to raise the deductible to save money on collision insurance.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses such as X-ray expenses, nursing services, pain medications, hospital visits and funeral costs. They are often used in conjunction with a health insurance policy or if there is no health insurance coverage. It covers both the driver and occupants and will also cover being hit by a car walking across the street. PIP is not an option in every state and gives slightly broader coverage than med pay

Comprehensive coverage

This coverage pays for damage from a wide range of events other than collision. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things such as hitting a bird, fire damage, hail damage and theft. The maximum amount your car insurance company will pay is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Knowledge is power

Lower-priced 2010 Volvo V70 insurance can be bought from both online companies as well as from independent agents, so compare prices from both to get a complete price analysis. Some insurance companies don’t offer you the ability to get quotes online and usually these regional insurance providers provide coverage only through local independent agents.

You just learned many tips how you can reduce insurance prices online. The key concept to understand is the more rate quotes you have, the better your chances of lowering your rates. You may even discover the lowest premiums are with a company that doesn’t do a lot of advertising. They may have significantly lower rates on certain market segments compared to the large companies like Geico and State Farm.

More detailed insurance information can be read by following these links: