2011 Volvo XC60 Insurance Cost – 6 Ideas for Cheapest Prices

Looking for better insurance rates for your Volvo XC60? Trying to come up with a payment for overpriced insurance can stress out your savings and make it tough to pay other bills. Doing a price comparison is a smart way to cut your insurance bill.

There are many auto insurance companies to pick from, and even though it’s nice to have multiple companies, too many choices makes it more difficult to locate the cheapest rates.

Compare quotes for insurance coverage

There are multiple methods to shop for insurance coverage, but there is one way that is less labor-intensive and much quicker. You can spend your afternoon talking to insurance agencies in your area, or you can utilize online quotes to get rates in a matter of minutes.

Most of the larger companies belong to an insurance system that enables customers to complete one form, and each company provides a quote. This system prevents you from having to do quotation requests for every insurance coverage company.

To use this form to compare rates click here to open in new window.

The single downside to comparing rates this way is buyers cannot specifically choose the insurers you want pricing from. If you prefer to choose individual companies to request quotes from, we put together a list of insurance coverage companies in your area. Click to view list.

You can use whichever method you prefer to find lower rates, just be sure to compare nearly identical quote data on every quote. If you have mixed coverages you will not be able to make a fair comparison for your Volvo XC60. Slightly different insurance coverages could skew the results. Just remember that comparing all the rates in your area increases your odds of finding the best price. Not every company does quotes online, so it’s necessary to compare price estimates on coverage from those companies, too.

Your insurance coverage coverage should be tailored to you

When buying proper insurance coverage, there really is not a best way to insure your cars. Each situation is unique so this has to be addressed. For instance, these questions may help highlight if you will benefit from professional help.

• Where can I find high-risk insurance?
• Will filing a claim cost me more?
• What is PIP insurance?
• Am I covered when pulling a rental trailer?
• Can I afford to buy a different vehicle if my 2011 Volvo XC60 is totaled?
• Should I buy only the required minimum liability coverage?
• Is my nanny covered when driving my vehicle?
• Why am I be forced to buy a membership to get insurance from some companies?
• How can I force my company to pay a claim?

If you’re not sure about those questions but a few of them apply, then you may want to think about talking to an insurance agent. If you want to speak to an agent in your area, fill out this quick form or go to this page to view a list of companies.

Insurance coverages 101

Understanding the coverages of insurance helps when choosing the right coverages and the correct deductibles and limits. The coverage terms in a policy can be ambiguous and even agents have difficulty translating policy wording. Shown next are the normal coverages available from insurance companies.

Coverage for liability

Liability insurance provides protection from damage or injury you incur to people or other property that is your fault. It protects YOU against other people’s claims. Liability doesn’t cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see values of 50/100/50 that means you have $50,000 in coverage for each person’s injuries, a total of $100,000 of bodily injury coverage per accident, and property damage coverage for $50,000. Alternatively, you may have a combined single limit or CSL which provides one coverage limit rather than limiting it on a per person basis.

Liability coverage protects against things such as medical expenses, emergency aid, structural damage, court costs and legal defense fees. How much liability should you purchase? That is a decision to put some thought into, but you should buy as much as you can afford.

Uninsured or underinsured coverage

Your UM/UIM coverage protects you and your vehicle from other motorists when they either are underinsured or have no liability coverage at all. Covered claims include medical payments for you and your occupants as well as damage to your Volvo XC60.

Because many people carry very low liability coverage limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage should not be overlooked. Usually these limits are set the same as your liablity limits.

Medical expense coverage

Personal Injury Protection (PIP) and medical payments coverage provide coverage for immediate expenses like chiropractic care, funeral costs and prosthetic devices. They are often utilized in addition to your health insurance plan or if you lack health insurance entirely. Medical payments and PIP cover all vehicle occupants in addition to getting struck while a pedestrian. Personal Injury Protection is only offered in select states and gives slightly broader coverage than med pay

Comprehensive protection

Comprehensive insurance pays to fix your vehicle from damage from a wide range of events other than collision. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against claims like fire damage, falling objects and rock chips in glass. The most you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle’s value is low consider dropping full coverage.

Collision insurance

Collision coverage covers damage to your XC60 resulting from colliding with another car or object. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage protects against things like driving through your garage door, crashing into a building, hitting a mailbox and hitting a parking meter. This coverage can be expensive, so consider dropping it from vehicles that are 8 years or older. Drivers also have the option to bump up the deductible to get cheaper collision coverage.