2014 Volvo S60 Insurance Quotes

Trying to find the cheapest auto insurance rates for your Volvo S60? Have you finally had enough of trying to scrape together enough money to make your auto insurance payment? Your situation is no different than most other people. Having so many options, it’s nearly impossible to locate the right auto insurance provider.

Discounts to earn cheap insurance coverage rates

Companies don’t always list all disounts very clearly, so the next list breaks down both the well known as well as some of the hidden credits available to lower your premiums when you buy insurance coverage online. If they aren’t giving you every credit you qualify for, you could be paying more than you need to.

• Discounts for Federal Employees – Being employed by or retired from a federal job could qualify for a slight premium decrease for S60 coverage depending on your company.
• Military Deployment Discount – Having a deployed family member may qualify for rate reductions.
• Homeowners Savings – Simply owning a home can save a few bucks since home ownership is proof of financial responsibility.
• No Accidents – Claim-free drivers can earn big discounts as opposed to insureds who have frequent claims or accidents.
• Seat Belts Save – Drivers who always wear seat belts and also require passengers to use a seat belt can save a little off the personal injury premium cost.
• Drivers Ed for Students – Make teen driver coverage more affordable by requiring them to successfully complete driver’s ed class if it’s offered in school.
• Auto/Life Discount – If the company offers life insurance, you could get a small discount if you purchase a life policy as well.
• College Student – Children who live away from home at college and won’t have access to an insured vehicle may be able to be covered for less.
• Discounts for Cautious Drivers – Safe drivers could pay up to 40% less for S60 coverage compared to accident prone drivers.

A little note about advertised discounts, many deductions do not apply to the entire policy premium. Most cut the price of certain insurance coverages like medical payments or collision. So even though they make it sound like having all the discounts means you get insurance for free, it doesn’t quite work that way. But all discounts should definitely cut your policy cost.

A list of companies and their possible discounts are:

• Geico may include discounts for multi-vehicle, federal employee, anti-lock brakes, air bags, membership and employees, good student, and military active duty.
• MetLife has discounts for multi-policy, good driver, good student, claim-free, accident-free, and defensive driver.
• State Farm has savings for defensive driving training, multiple policy, anti-theft, Drive Safe & Save, and good student.
• Progressive discounts include online quote discount, good student, multi-vehicle, continuous coverage, online signing, homeowner, and multi-policy.
• Mercury Insurance policyholders can earn discounts including ease of repair, good student, low natural disaster claims, good driver, and type of vehicle.
• 21st Century may have discounts that include 55 and older, air bags, student driver, defensive driver, anti-lock brakes, theft prevention, and automatic seat belts.
• Allstate may offer discounts for anti-lock brakes, good payer, eSmart discount, good student, farm vehicle, and resident student.

Before buying, ask all the companies how you can save money. Some credits may not apply to policies in your area.

Tailor your auto insurance coverage to you

When it comes to buying the best auto insurance coverage, there really is not a “perfect” insurance plan. Your needs are not the same as everyone else’s and a cookie cutter policy won’t apply. Here are some questions about coverages that can help discover if you might need professional guidance.

• I have health insurance so do I need medical payments coverage?
• Are my friends covered when driving my 2014 Volvo S60?
• Do I need motorclub coverage?
• What is an SR-22 filing?
• Are rock chip repairs covered?
• Can I make deliveries for my home business?

If you don’t know the answers to these questions but you think they might apply to your situation, you might consider talking to a licensed insurance agent. To find an agent in your area, fill out this quick form or you can go here for a list of companies in your area. It only takes a few minutes and can provide invaluable advice.

Specific coverages for a Volvo S60

Learning about specific coverages of a insurance policy aids in choosing the best coverages and proper limits and deductibles. Policy terminology can be confusing and even agents have difficulty translating policy wording. Listed below are the usual coverages available from insurance companies.

Insurance for medical payments – Personal Injury Protection (PIP) and medical payments coverage reimburse you for short-term medical expenses like nursing services, X-ray expenses and hospital visits. They can be used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. Coverage applies to all vehicle occupants and will also cover if you are hit as a while walking down the street. PIP coverage is not universally available but can be used in place of medical payments coverage

Collision coverage – Collision coverage will pay to fix damage to your S60 caused by collision with a stationary object or other vehicle. You will need to pay your deductible then your collision coverage will kick in.

Collision insurance covers claims such as sideswiping another vehicle, crashing into a ditch and colliding with another moving vehicle. This coverage can be expensive, so you might think about dropping it from vehicles that are 8 years or older. It’s also possible to bump up the deductible to save money on collision insurance.

Uninsured Motorist or Underinsured Motorist insurance – This coverage gives you protection when other motorists either are underinsured or have no liability coverage at all. Covered losses include hospital bills for your injuries as well as damage to your 2014 Volvo S60.

Since a lot of drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Auto liability insurance – Liability coverage provides protection from injuries or damage you cause to other people or property by causing an accident. It protects you against claims from other people. It does not cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show policy limits of 25/50/25 that means you have a limit of $25,000 per injured person, a limit of $50,000 in injury protection per accident, and a limit of $25,000 paid for damaged property.

Liability coverage protects against claims such as repair bills for other people’s vehicles, bail bonds and structural damage. The amount of liability coverage you purchase is up to you, but it’s cheap coverage so purchase as much as you can afford.

Comprehensive coverage (or Other than Collision) – This pays for damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims such as hail damage, damage from getting keyed, rock chips in glass, falling objects and fire damage. The maximum amount you’ll receive from a claim is the cash value of the vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.

Smart shoppers get results

Cheaper auto insurance is attainable from both online companies in addition to local insurance agencies, and you should compare rates from both so you have a total pricing picture. Some companies do not provide rate quotes online and usually these smaller providers prefer to sell through local independent agencies.

When searching for inexpensive insurance coverage quotes, it’s not a good idea to skimp on critical coverages to save a buck or two. In many cases, someone dropped comprehensive coverage or liability limits and found out when filing a claim that the few dollars in savings costed them thousands. The aim is to get the best coverage possible at the best cost while still protecting your assets.

In this article, we covered a lot of tips how to lower your 2014 Volvo S60 insurance rates. The key concept to understand is the more quotes you get, the higher the chance of saving money. You may even discover the most savings is with a lesser-known regional company. They may only write in your state and offer lower car insurance rates than their larger competitors like Allstate, Geico and Progressive.

Additional detailed information can be read in these articles:

• Frontal Crash Tests (iihs.org)
• Auto Insurance Learning Center (State Farm)
• Child Safety FAQ (iihs.org)
• Teen Driving Statistics (iihs.org)
• Vehicle Insurance in the U.S. (Wikipedia)
• Teen Driving and Texting (State Farm)