2006 Volvo S40 Insurance Quotes – 7 Ways to Save

Beginners to comparing insurance prices on the internet may find purchasing affordable car insurance is very challenging.

You should make it a habit to compare premium rates on a regular basis since prices tend to go up over time. Even if you got the best quotes on S40 coverage on your last policy you will most likely find a better rate today. Ignore everything you know about insurance coverage because I’m going to teach you how to use online quotes to reduce your cost while increasing coverage.

How to shop auto insurance online

Many insurance companies such as 21st Century, Allstate and State Farm allow you to get coverage prices on the web. Comparing prices online is pretty painless because you just enter the amount of coverage you want on the page. Once you submit the form, their system automatically retrieves your driving record and credit report and returns a price determined by many factors.

Online price quotes makes it easy to compare insurance prices but having to visit each company’s website and repetitively type in the same data is a waste of time. But it’s very important to do this in order to get better auto insurance pricing.

Isn’t there an easier way to compare rates?

A less time-consuming method to compare rates uses one simple form that gets price quotes from more than one company. The form is fast, requires much less work on your part, and makes rate comparisons much more enjoyable and efficient. After your information is entered, it is quoted and you are able to buy any or none of the returned quotes. If the quotes result in lower rates, you can click and sign and purchase the new policy. This process can be completed in less than 10 minutes and could lower your rates considerably.

To compare rates using this form now, click here to open in new window and fill out the form. If you have a policy now, it’s recommended you type in deductibles and limits just like they are on your policy. This helps ensure you’re receiving rate comparison quotes for the exact same coverage.

Auto insurance discounts help slash rates

Properly insuring your vehicles can get expensive, but you might already qualify for some discounts that can drop the cost substantially. Certain discounts will be applied at the time of purchase, but some must be asked about before you will receive the discount.

• Passive Restraints – Options like air bags or motorized seat belts can receive discounts of 20 to 30 percent.
• Discounts for Cautious Drivers – Insureds without accidents can get discounts for up to 45% lower rates on S40 coverage compared to rates paid by drivers with frequent claims.
• Defensive Driver – Taking time to complete a course that instructs on driving safety is a good idea and can lower rates depending on where you live.
• Resident Student – Children who live away from home to go to college and don’t have a car may be able to be covered for less.
• E-sign – A few insurance companies will give a small break get car insurance on your computer.
• Early Renewal Discounts – Some insurance companies reward drivers for renewing your policy before your current policy expires. You may see this discount when you get car insurance quotes online.
• Military Rewards – Being on active duty in the military could qualify you for better auto insurance rates.

Keep in mind that most discounts do not apply the the whole policy. Most cut individual premiums such as collision or personal injury protection. So despite the fact that it appears adding up those discounts means a free policy, you aren’t that lucky.

Companies and a partial list of their discounts can be found below.

• AAA has discounts for education and occupation, good driver, AAA membership discount, anti-theft, multi-car, good student, and pay-in-full.
• Progressive may have discounts that include good student, multi-policy, continuous coverage, online quote discount, and homeowner.
• State Farm may offer discounts for anti-theft, safe vehicle, Drive Safe & Save, driver’s education, and accident-free.
• Esurance includes discounts for online quote, homeowner, anti-theft, Switch & Save, and multi-policy.
• Nationwide offers discounts including multi-policy, Farm Bureau membership, accident-free, anti-theft, business or organization, family plan, and easy pay.

If you need lower rates, check with every company which discounts can lower your rates. Some of the earlier mentioned discounts may not apply to policies in your state. To locate providers with the best discounts, click here to view.

Which is the best auto insurance?

When it comes to buying coverage, there isn’t really a one size fits all plan. Your needs are not the same as everyone else’s.

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

• Is my dog or cat covered if injured in an accident?
• Are rental cars covered under my policy?
• Are my friends covered when driving my 2006 Volvo S40?
• Do I really need UM/UIM coverage?
• When can I cancel my policy?
• Do I have any recourse if my insurance company denies a claim?
• Should I sign the liability waiver when renting a car?
• Does car insurance cover theft of personal property?
• Am I covered when driving someone else’s vehicle?

If it’s difficult to answer those questions but you think they might apply to your situation, then you may want to think about talking to a licensed insurance agent. To find an agent in your area, complete this form.

Car insurance 101

Knowing the specifics of insurance can be of help when determining the best coverages and proper limits and deductibles. The terms used in a policy can be ambiguous and even agents have difficulty translating policy wording.

Collision coverage – This covers damage to your S40 from colliding with another car or object. A deductible applies then your collision coverage will kick in.

Collision coverage protects against things like crashing into a ditch, damaging your car on a curb, scraping a guard rail and colliding with another moving vehicle. Collision coverage makes up a good portion of your premium, so consider removing coverage from older vehicles. Another option is to increase the deductible in order to get cheaper collision rates.

Liability car insurance – Liability coverage provides protection from injuries or damage you cause to a person or their property that is your fault. Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see values of 25/50/25 that translate to $25,000 bodily injury coverage, a total of $50,000 of bodily injury coverage per accident, and a limit of $25,000 paid for damaged property.

Liability coverage protects against claims like pain and suffering, bail bonds, repair bills for other people’s vehicles and loss of income. The amount of liability coverage you purchase is a personal decision, but consider buying as large an amount as possible.

Uninsured Motorist or Underinsured Motorist insurance – Your UM/UIM coverage provides protection when the “other guys” either are underinsured or have no liability coverage at all. Covered claims include injuries to you and your family as well as your vehicle’s damage.

Due to the fact that many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. This is the reason having UM/UIM coverage is a good idea.

Comprehensive coverage (or Other than Collision) – Comprehensive insurance covers damage that is not covered by collision coverage. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims like a tree branch falling on your vehicle, a broken windshield, theft and damage from a tornado or hurricane. The most a insurance company will pay at claim time is the market value of your vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.

Insurance for medical payments – Personal Injury Protection (PIP) and medical payments coverage pay for expenses such as dental work, nursing services, pain medications and prosthetic devices. 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 you and your occupants as well as if you are hit as a while walking down the street. PIP coverage is not universally available and may carry a deductible