2013 Volvo XC60 Insurance Cost – 9 Ways to Save

No car owner likes buying auto insurance, especially when it costs too dang much.

Numerous insurers battle for your hard-earned dollar, and because of this it can be hard to compare insurers to discover the definitive best rates possible.

Consumers need to quote other rates on a regular basis because insurance prices change frequently. Just because you found the best rate for XC60 insurance six months ago there is a good chance you can find better premium rates now. Forget all the misinformation about auto insurance because you’re going to learn how to use online quotes to lower your annual insurance bill.

If you currently have a car insurance policy, you will be able to reduce your rates substantially using these tips. Finding affordable coverage is not rocket science. Nevertheless, car owners can benefit by having an understanding of the way companies market insurance on the web and apply this information to your search.

Take advantage of every auto insurance discount

Auto insurance companies don’t always advertise every discount very clearly, so the list below contains both well-publicized as well as some of the hidden discounts that you can inquire about if you buy insurance coverage online.

• Payment Discounts – By making one initial payment as opposed to paying monthly you may have a lower total premium amount.
• Claim-Free Discount – Drivers who don’t have accidents pay much less when compared to insureds who have frequent claims or accidents.
• Distant Student – Children who are enrolled in higher education away from home and leave their car at home may qualify for this discount.
• Seat Belts Save – Using a seat belt and requiring all passengers to use their safety belts can save up to 10 percent (depending on the company) off the medical payments premium.
• Save with a New Car – Adding a new car to your policy can save you some money compared to insuring an older model.
• Theft Prevention Discount – Cars equipped with anti-theft or alarm systems prevent vehicle theft and will save you 10% or more.
• Discounts for Federal Employees – Active or former government employment may qualify for a discount when you quote insurance coverage for XC60 insurance with some auto insurance companies.
• Memberships – Being a member of a professional or civic organization can get you a small discount when getting a insurance coverage quote.
• Switch and Save Discount – Some insurance companies provide a discount for buying a policy prior to your current policy expiration. You could save around 10% when you buy insurance coverage online.

While discounts sound great, it’s important to understand that most discounts do not apply to the entire policy premium. The majority will only reduce the price of certain insurance coverages like comprehensive or collision. Even though it may seem like all the discounts add up to a free policy, companies don’t profit that way.

Auto insurance companies that possibly offer these discounts include:

• Progressive
• SAFECO
• American Family
• MetLife
• Geico
• The Hartford

When getting a coverage quote, ask each company how you can save money. A few discounts might not be offered in your area. To choose companies with discount auto insurance rates, click here.

How to know if you need help

When it comes to buying the right insurance coverage for your personal vehicles, there really is not a best way to insure your cars. Everyone’s situation is a little different and a cookie cutter policy won’t apply. For example, these questions might point out whether your personal situation would benefit from professional advice.

• Do I need replacement cost coverage on my 2013 Volvo XC60?
• Can I get a multi-policy discount?
• Should I have combined single limit or split liability limits?
• Should I put collision coverage on all my vehicles?
• What is roadside assistance coverage?
• Does liability extend to a camper or trailer?
• Does my car insurance cover rental cars?
• Should I buy only the required minimum liability coverage?
• Is business equipment covered while in my vehicle?
• How do I insure my teen driver?

If you don’t know the answers to these questions, you might consider talking to a licensed insurance agent. If you want to speak to an agent in your area, simply complete this short form or you can go here for a list of companies in your area.

Auto insurance 101

Understanding the coverages of your car insurance policy helps when choosing the right coverages at the best deductibles and correct limits. Policy terminology can be difficult to understand and even agents have difficulty translating policy wording. These are typical coverages found on most car insurance policies.

Comprehensive protection – Comprehensive insurance coverage pays for damage from a wide range of events other than collision. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims such as hitting a deer, damage from a tornado or hurricane, vandalism and fire damage. The maximum amount you can receive from a comprehensive claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Medical expense coverage – Medical payments and Personal Injury Protection insurance kick in for expenses such as EMT expenses, dental work, pain medications, rehabilitation expenses and funeral costs. The coverages can be utilized in addition to your health insurance program or if you do not have health coverage. Coverage applies to both the driver and occupants and also covers being hit by a car walking across the street. Personal injury protection coverage is not universally available and may carry a deductible

Liability insurance – This coverage protects you from damages or injuries you inflict on other’s property or people that is your fault. It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see liability limits of 50/100/50 which means $50,000 bodily injury coverage, a total of $100,000 of bodily injury coverage per accident, and $50,000 of coverage for damaged propery.

Liability can pay for claims such as attorney fees, repair costs for stationary objects, structural damage, court costs and loss of income. The amount of liability coverage you purchase is your choice, but consider buying as large an amount as possible.

Collision coverage – This pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. You have to pay a deductible then your collision coverage will kick in.

Collision coverage protects against things such as rolling your car, backing into a parked car and scraping a guard rail. Collision coverage makes up a good portion of your premium, so consider removing coverage from older vehicles. You can also bump up the deductible to get cheaper collision coverage.

Uninsured or underinsured coverage – Uninsured or Underinsured Motorist coverage gives you protection from other drivers when they do not carry enough liability coverage. It can pay for medical payments for you and your occupants as well as your vehicle’s damage.

Since a lot of drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is a good idea.

Do the work, save more money

You just read some good ideas how you can lower your 2013 Volvo XC60 insurance premium rates. It’s most important to understand that the more companies you get prices for, the better your chances of lowering your prices. You may even discover the lowest premium rates come from an unexpected company. They may only write in your state and offer lower prices than the large multi-state companies such as State Farm, Geico and Nationwide.

Lower-priced auto insurance is possible both online and from local insurance agents, and you should be comparing both in order to have the best price selection to choose from. Some auto insurance companies may not provide internet price quotes and these regional insurance providers work with independent agents.

Additional information

• Auto Insurance FAQ (Farmers Insurance)
• Uninsured Motorists: Threats on the Road (Insurance Information Insitute)
• Collision Insurance Coverage (Nationwide)
• Prom Night Tips for Teen Drivers (State Farm)
• Choosing a Car for Your Teen (State Farm)