2013 Volvo S80 Car Insurance Cost

Looking for cheaper car insurance rates for your Volvo S80? Car insurance shopping is not something drivers appreciate, but your state requires it to legally drive.

It’s important to check car insurance prices periodically because insurance rates are rarely the same from one policy term to another. Even if you got the best price for S80 insurance last year you can probably find a lower rate today. Block out anything you think you know about car insurance because you’re about to find out how to use the internet to find great coverage at a great price.

Why you might be paying too much to insure your Volvo S80

Smart consumers have a good feel for the different types of things that come into play when calculating the price you pay for auto insurance. Knowing what influences your rates enables informed choices that can help you get much lower annual insurance costs.

The list below includes some of the items auto insurance companies consider when setting your rates.

  • Add-on coverages can add up – There are a ton of extra coverages that you can buy when buying auto insurance. Things like personal injury protection, towing coverage and motor club memberships may be wasting your money. They may seem good initially, but if you don’t need them remove them from your policy.
  • Occupation reflects on rates – Did you know your auto insurance rates can be affected by your occupation? Occupations such as real estate brokers, architects and stock brokers have the highest rates attributed to high stress levels and lots of time spent at work. On the other hand, professions such as farmers, students and performers get better rates for S80 insurance.
  • Don’t let your coverage lapse – Having an insurance coverage lapse is a sure-fire way to pay more for auto insurance. And not only will insurance be more expensive, failure to provide proof of insurance may earn you a revoked license or a big fine.You may have to file a SR-22 with your state motor vehicle department to get your license reinstated.
  • Your spouse saves you money – Having a wife or husband helps lower the price on your policy. Having a significant other is viewed as being more mature and responsible and it’s proven that married couples file fewer claims.
  • Do men or women drive better? – Statistics show that men are more aggressive behind the wheel. However, this does not mean women are better drivers. Women and men tend to get into accidents in similar numbers, but the male of the species have costlier accidents. Men also tend to have more aggressive citations like reckless driving and DUI. Teenage male drivers are several times more likely to be in an accident and therefore are the most expensive to insure.

Companies offer discounts so take them!

The cost of insuring your cars can be expensive, but you can get discounts to help bring down the price. Some discounts apply automatically at quote time, but lesser-known reductions have to be specifically requested prior to receiving the credit.

  • Anti-theft System – Anti-theft and alarm systems prevent vehicle theft and therefore earn up to a 10% discount.
  • Seat Belts Save – Buckling up and requiring all passengers to use their safety belts can save up to 15% off your medical payments premium.
  • Early Signing – Some companies give discounts for buying a policy prior to your current policy expiring. This can save 10% or more.
  • Lower Rates for Military – Having a deployed family member may qualify for rate reductions.
  • Federal Employees – Simply working for the federal government may qualify you for a discount for S80 insurance with a few car insurance companies.
  • Passive Restraints – Cars that have air bags or automatic seat belts can qualify for discounts up to 30%.
  • Payment Discounts – If you pay your entire premium ahead of time instead of paying each month you could save 5% or more.

Drivers should understand that some credits don’t apply to all coverage premiums. Most cut the cost of specific coverages such as liability, collision or medical payments. So when it seems like you would end up receiving a 100% discount, it just doesn’t work that way. But any discount will help reduce your overall premium however.

For a list of providers with discount car insurance rates, click this link.

Do I just need basic coverages?

When buying adequate coverage, there isn’t really a cookie cutter policy. Everyone’s needs are different.

Here are some questions about coverages that may help you determine whether or not you would benefit from professional advice.

  • What can I do if my company won’t pay a claim?
  • Does my medical payments coverage pay my health insurance deductible?
  • Do I have coverage when pulling a U-Haul trailer?
  • Am I covered when driving on a suspended license?
  • Is my teen driver covered when they drive my company car?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • Does my policy cover me when driving someone else’s vehicle?
  • Does my 2013 Volvo S80 qualify for pleasure use?
  • How high should deductibles be on a 2013 Volvo S80?

If you can’t answer these questions but one or more may apply to you then you might want to talk to an agent. To find lower rates from a local agent, complete this form.

Learn about auto insurance coverages for a 2013 Volvo S80

Understanding the coverages of your auto insurance policy can be of help when determining the best coverages at the best deductibles and correct limits. The terms used in a policy can be ambiguous and coverage can change by endorsement.

Uninsured/Underinsured Motorist (UM/UIM)

This protects you and your vehicle’s occupants when other motorists either are underinsured or have no liability coverage at all. Covered claims include hospital bills for your injuries as well as your vehicle’s damage.

Due to the fact that many drivers only carry the minimum required liability limits, their limits can quickly be used up. This is the reason having UM/UIM coverage is a good idea. Frequently the UM/UIM limits are identical to your policy’s liability coverage.

Auto collision coverage

This pays for damage to your S80 from colliding with another car or object. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage pays for things like backing into a parked car, hitting a parking meter, damaging your car on a curb and crashing into a ditch. Collision is rather expensive coverage, so consider dropping it from lower value vehicles. Another option is to increase the deductible to bring the cost down.

Comprehensive insurance

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

Comprehensive can pay for claims like a tree branch falling on your vehicle, theft, damage from flooding and hitting a bird. The maximum amount you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.

Liability coverage

Liability coverage protects you from damages or injuries you inflict on other’s property or people that is your fault. It protects YOU against other people’s claims. 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. Your policy might show policy limits of 25/50/25 which means $25,000 bodily injury coverage, $50,000 for the entire accident, and a limit of $25,000 paid for damaged property. Some companies may use one limit called combined single limit (CSL) which limits claims to one amount and claims can be made without the split limit restrictions.

Liability insurance covers things such as funeral expenses, legal defense fees, bail bonds, attorney fees and repair bills for other people’s vehicles. How much liability coverage do you need? That is up to you, but you should buy as much as you can afford.

Med pay and Personal Injury Protection (PIP)

Coverage for medical payments and/or PIP provide coverage for bills such as pain medications, X-ray expenses, dental work and surgery. They are used to fill the gap from your health insurance program or if you lack health insurance entirely. It covers not only the driver but also the vehicle occupants and also covers getting struck while a pedestrian. PIP is only offered in select states but it provides additional coverages not offered by medical payments coverage

Don’t throw your cash in the trash

People switch companies for a number of reasons such as policy cancellation, unfair underwriting practices, an unsatisfactory settlement offer and even not issuing a premium refund. No matter why you want to switch, switching companies is not as hard as you think.

We covered a lot of tips how to compare 2013 Volvo S80 insurance prices online. The key concept to understand is the more times you quote, the better chance you’ll have of finding lower rates. You may even find the most savings is with the smaller companies.

As you prepare to switch companies, it’s not a good idea to sacrifice coverage to reduce premiums. There are a lot of situations where consumers will sacrifice collision coverage only to discover later that they should have had better coverage. The aim is to buy the best coverage you can find at an affordable rate, not the least amount of coverage.

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