How Much Does 2010 Volvo V50 Insurance Cost?

Consumers fed up with high insurance prices and are new to comparing prices online can find purchasing low cost insurance is very challenging.

How to buy car insurance online

There are a lot of ways to compare car insurance quotes, but some are more efficient than others. You can waste hours discussing policy coverages with insurance companies in your area, or you could use the internet to achieve your goal.

Many companies take part in a program that allows shoppers to enter their coverage request one time, and each participating company provides a quote based on that data. This saves time by eliminating quote forms to every company.

To enter your information into the quoting system, click to open in new window.

The one downside to doing it this way is that you can’t choose which providers you will receive quotes from. If you wish to select specific insurance companies for rate comparison, we have assembled a list of the cheapest car insurance companies in your area. View list of insurance companies.

Take whichever approach you prefer, but ensure you are comparing the exact same coverage limits and deductibles on every price quote you get. If you have different values for each quote it’s not possible to determine the best price for your Volvo V50. Slightly different insurance coverages or limits can result in a big premium difference. Keep in mind that quoting more helps you find better pricing.

Lower your insurance coverage rates with discounts

Companies that sell car insurance don’t necessarily list every disount available in an easy-to-find place, so the list below details some of the more common and the more hidden credits available to bring down your rates.

• Seat Belt Usage – Drivers who require all occupants to use their safety belts can save a little on the medical payments or PIP coverage costs.
• No Claims – Drivers who stay claim-free are rewarded with significantly better rates on insurance quote in comparison with frequent claim filers.
• Homeowners Savings – Simply owning a home can save a few bucks due to the fact that maintaining a home requires personal responsibility.
• Good Students Pay Less – Excelling in school could provide a savings of up to 20% or more. You can use this discount normally up until you turn 25.
• Air Bag Discount – Vehicles equipped with air bags or motorized seat belts can qualify for discounts of more than 20%.

You should keep in mind that most discount credits are not given to your bottom line cost. Some only apply to specific coverage prices like liability and collision coverage. So when the math indicates it’s possible to get free car insurance, companies wouldn’t make money that way. But all discounts will reduce your premiums.

A list of companies and a summarized list of policyholder discounts are detailed below.

• American Family includes discounts for bundled insurance, multi-vehicle, air bags, accident-free, good driver, and TimeAway discount.
• Nationwide policyholders can earn discounts including anti-theft, good student, defensive driving, easy pay, family plan, and accident-free.
• MetLife may have discounts that include good driver, good student, claim-free, defensive driver, accident-free, multi-policy
• 21st Century discounts include 55 and older, air bags, driver training, early bird, and theft prevention.
• Farmers Insurance may include discounts for good student, mature driver, early shopping, youthful driver, switch companies, and alternative fuel.
• Allstate may offer discounts for eSmart discount, anti-theft, premier plus, new car, defensive driver, and farm vehicle.

If you are trying to find cheap insurance quotes, ask all companies you are considering which credits you are entitled to. Some credits may not apply to policyholders in your state. If you would like to choose from a list of companies that offer discounts, click this link.

You are unique and your car insurance should be too

When choosing adequate coverage for your vehicles, there isn’t really a perfect coverage plan. Your needs are not the same as everyone else’s.

These are some specific questions may help highlight whether you would benefit from an agent’s advice.

• Am I covered when driving a rental car?
• What can I do if my company won’t pay a claim?
• Do I need PIP (personal injury protection) coverage in my state?
• How high should my uninsured/underinsured coverage be in my state?
• Does insurance cover tools stolen from my truck?
• Does car insurance cover theft of personal property?
• How many claims can I have before being cancelled?
• I don’t drive much so do I pay less?
• Why do I need rental car insurance?
• Does my liability insurance cover pulling a trailer or camper?

If you’re not sure about those questions but you think they might apply to your situation then you might want to talk to a licensed insurance agent. If you don’t have a local agent, complete this form.

The coverage is in the details

Having a good grasp of your insurance policy helps when choosing the right coverages for your vehicles. Policy terminology can be difficult to understand and nobody wants to actually read their policy.

Auto collision coverage

This pays to fix your vehicle from damage resulting from colliding with another car or object. You first must pay a deductible then your collision coverage will kick in.

Collision can pay for claims such as colliding with another moving vehicle, crashing into a ditch and scraping a guard rail. This coverage can be expensive, so consider removing coverage from lower value vehicles. Drivers also have the option to choose a higher deductible in order to get cheaper collision rates.

Medical expense coverage

Coverage for medical payments and/or PIP pay for immediate expenses such as surgery, rehabilitation expenses, X-ray expenses, chiropractic care and dental work. The coverages can be used to fill the gap from your health insurance plan or if there is no health insurance coverage. Medical payments and PIP cover you and your occupants as well as getting struck while a pedestrian. PIP coverage is not an option in every state but can be used in place of medical payments coverage

Uninsured or underinsured coverage

Your UM/UIM coverage protects you and your vehicle’s occupants from other motorists when they do not carry enough liability coverage. Covered claims include injuries sustained by your vehicle’s occupants and damage to your Volvo V50.

Since many drivers carry very low liability coverage limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Comprehensive protection

Comprehensive insurance coverage pays for damage caused by mother nature, theft, vandalism and other events. A deductible will apply then your comprehensive coverage will pay.

Comprehensive insurance covers things like falling objects, damage from flooding and hail damage. The most a insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

Liability car insurance

Liability insurance provides protection from damage that occurs to other people or property by causing an accident. It protects YOU from legal claims by others, and doesn’t cover your injuries or vehicle damage.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You might see liability limits of 50/100/50 which stand for $50,000 in coverage for each person’s injuries, a total of $100,000 of bodily injury coverage per accident, and $50,000 of coverage for damaged propery.

Liability insurance covers claims such as loss of income, emergency aid and bail bonds. How much liability coverage do you need? That is up to you, but you should buy as high a limit as you can afford.