Save on 2005 Volvo XC70 Car Insurance Rates

Searching for cheaper auto insurance rates? Consumers have a choice when looking for the best price on Volvo XC70 insurance. You can either waste hours calling around to compare prices or use the internet to make rate comparisons. There are more efficient ways to buy auto insurance so you’re going to learn the proper way to quote coverages for a new or used Volvo and find the cheapest rates from both online companies and local agents.

You need to compare premium rates quite often because prices are adjusted regularly by insurance companies. Even if you got the lowest rate for XC70 coverage at your last renewal you can probably find a lower rate today. Block out anything you think you know about auto insurance because we’re going to show you the quickest way to save money, get proper coverage and the best rates.

Why you might pay inflated rates

Many factors are used in the calculation when quoting car insurance. Some are pretty understandable such as your driving history, although some other factors are not as apparent such as whether you are married or how financially stable you are.

• Save by driving safer cars – Safe vehicles are cheaper to insure. These vehicles reduce occupant injuries and reduced instances of injuries means lower claim amounts which can mean better rates for you. If your Volvo has ratings of a minimum an “acceptable” rating on the Insurance Institute for Highway Safety website it may be receiving lower rates.
• Insure your auto and home with one company – Most larger companies provide better rates to policyholders who carry more than one policy such as combining an auto and homeowners policy. Even with this discount applied, you may still want to compare rates to help ensure you have the lowest rates.There is a chance you can find better rates by buying from different companies
• Demanding employer may mean higher rates – Careers such as lawyers, business owners and miners generally have higher average rates attributed to stressful work requirements and extremely grueling work hours. Other careers like farmers, athletes and homemakers have lower than average premiums for XC70 coverage.
• Driving citations increase costs – How you drive has a big impact on rates. Even a single ticket can boost insurance rates by twenty percent. Drivers with clean records pay less for auto insurance than bad drivers. People who have severe violations like DWI, reckless driving or hit and run convictions may face state-mandated requirements to submit a SR-22 form with their state’s licensing department in order to legally drive a vehicle.
• Bad credit hurts insurance prices – An insured’s credit history can be an important factor in determining what you pay. Insureds with high credit scores tend to be more responsible than drivers who have bad credit. So if your credit can use some improvement, you could potentially save money when insuring your 2005 Volvo XC70 by improving your credit score.
• Your spouse saves you money – Having a wife or husband can get you a discount on your insurance policy. Having a significant other generally demonstrates drivers are more mature and responsible and statistics prove married couples file fewer claims.
• City dwellers may pay more – Living in small towns and rural areas has it’s advantages if you are looking for the lowest rates. Less people living in that area translates into fewer accidents and also fewer theft and vandalism claims. City drivers tend to have traffic congestion and higher rates of accident claims. More time commuting translates into higher accident risk.
• Premiums are lower the older you get – Teen drivers are known to be inattentive and easily distracted when at the wheel of a vehicle therefore insurance rates are much higher. Adding a youthful driver onto your insurance can really hurt. Older drivers have been proven to be more responsible, statistically cause fewer accidents and get fewer tickets.

Enter your zip code below to view companies that have cheap auto insurance rates.

 Secured with SHA-256 Encryption

Cheaper insurance coverage rates with discounts

Auto insurance companies don’t always advertise every discount they offer in a way that’s easy to find, so below is a list some of the best known and the harder-to-find discounts you could be receiving when you buy car insurance online.

• Renewal Discounts – Some larger companies provide a discount for switching policies before your current coverage expires. This discount can save up to 10%.
• Telematics Devices – Drivers who agree to allow their insurance company to scrutinize where and when they drive remotely such as State Farm’s In-Drive could possibly reduce rates if they are good drivers.
• Drive Safe and Save – Insureds who avoid accidents may receive a discount up to 45% for XC70 coverage than drivers with accident claims.
• Homeowners Discount – Just being a homeowner can earn you a little savings due to the fact that maintaining a home is proof that your finances are in order.
• Pay Upfront and Save – If paying your policy premium upfront instead of paying each month you may reduce your total bill.
• Discount for Life Insurance – Larger insurance carriers have lower premium rates if you buy some life insurance in addition to your auto policy.
• Military Deployment Discount – Being deployed in the military may qualify for rate reductions.
• Anti-theft Discount – Vehicles that have factory alarm systems and tracking devices are stolen less frequently and will save you 10% or more.
• 55 and Retired – If you qualify as a senior citizen, you can possibly qualify for a discount up to 10% for XC70 coverage.
• Defensive Driving Course – Taking part in a defensive driving course can save you 5% or more if your company offers it.

Discounts lower rates, but some credits don’t apply to all coverage premiums. Most only cut specific coverage prices like liability, collision or medical payments. So even though they make it sound like all those discounts means the company will pay you, that’s just not realistic. Any amount of discount will bring down your policy premiums.

A few of the larger companies and some of the premium reductions they offer include:

• 21st Century includes discounts for 55 and older, student driver, defensive driver, theft prevention, and good student.
• State Farm offers discounts for multiple policy, Drive Safe & Save, driver’s education, Steer Clear safe driver discount, good student, and anti-theft.
• AAA has discounts for multi-car, AAA membership discount, good driver, good student, education and occupation, and pay-in-full.
• Liberty Mutual offers discounts including new move discount, new graduate, teen driver discount, good student, and newly retired.
• Progressive has savings for homeowner, continuous coverage, online quote discount, online signing, multi-policy, and good student.

If you want affordable car insurance quotes, ask all companies you are considering to apply every possible discount. Some discounts may not be offered in your area.

Big brands don’t always mean big savings

Consumers can’t get away from all the ads for insurance savings from the likes of 21st Century, Allstate and State Farm. They all seem to state the claim that you can save just by moving to their company.

How does every company charge less that you’re paying now?

Different companies have specific criteria for the type of insured that will generate a profit. An example of a profitable customer might be over age 30, carries high limits, and the vehicle is rated for pleasure use. Anyone who matches that profile will probably get the lowest premium rates and therefore will save if they switch.

Consumers who are not a match for these stringent criteria will probably be forced to pay higher premium rates and this results in the driver buying from a lower-cost company. The ads state “people who switch” but not “all drivers who get quotes” save that much. This is how insurance companies can advertise the way they do. This illustrates why you need to get a wide range of price quotes. It’s not possible to predict the company that will have the best premium rates at this point in time.

Tailor your car insurance coverage to you

When choosing the right insurance coverage for your vehicles, there really is no “best” method to buy coverage. Every situation is different.

These are some specific questions may help highlight if your insurance needs would benefit from professional advice.

• Can I make deliveries for my home business?
• Am I covered when driving on a suspended license?
• Do I need PIP coverage since I have good health insurance?
• Do I have coverage when pulling a U-Haul trailer?
• Can my teen driver be rated on a liability-only vehicle?
• I have health insurance so do I need medical payments coverage?
• Do I need higher collision deductibles?
• What is UM/UIM insurance?
• Do I need replacement cost coverage?
• Am I covered if I hit a deer?

If you’re not sure about those questions but one or more may apply to you, you may need to chat with an insurance agent. To find an agent in your area, complete this form. It is quick, free and you can get the answers you need.

Enter your zip code below to view companies that have cheap auto insurance rates.

 Secured with SHA-256 Encryption

Car insurance 101

Having a good grasp of your car insurance policy helps when choosing the best coverages at the best deductibles and correct limits. Policy terminology can be ambiguous and even agents have difficulty translating policy wording.

Comprehensive coverage

This coverage covers damage that is not covered by collision coverage. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for claims like vandalism, hail damage and fire damage. The most your car insurance company will pay is the ACV or actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Collision protection

Collision insurance will pay to fix damage to your XC70 caused by collision with another vehicle or an object, but not an animal. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for things such as sideswiping another vehicle, sustaining damage from a pot hole, crashing into a building and driving through your garage door. This coverage can be expensive, so consider dropping it from lower value vehicles. Another option is to choose a higher deductible to save money on collision insurance.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage reimburse you for expenses like hospital visits, ambulance fees, pain medications, X-ray expenses and prosthetic devices. They are used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. It covers both the driver and occupants as well as getting struck while a pedestrian. Personal Injury Protection is not available in all states but can be used in place of medical payments coverage

Liability coverage

This provides protection from damage or injury you incur to people or other property by causing an accident. This coverage protects you against claims from other people. Liability doesn’t cover damage to your own property or vehicle.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show liability limits of 50/100/50 which stand for $50,000 bodily injury coverage, a limit of $100,000 in injury protection per accident, and a total limit of $50,000 for damage to vehicles and property.

Liability coverage pays for things like court costs, bail bonds, repair bills for other people’s vehicles, loss of income and repair costs for stationary objects. The amount of liability coverage you purchase is your choice, but you should buy as large an amount as possible.

Uninsured/Underinsured Motorist coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when the “other guys” either have no liability insurance or not enough. This coverage pays for injuries to you and your family and damage to your Volvo XC70.

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 important protection for you and your family.

At the end of the day…

Consumers who switch companies do it for a variety of reasons including policy cancellation, high prices, questionable increases in premium and high rates after DUI convictions. Whatever your reason, finding the right insurance coverage provider is pretty easy and you might even save some money in the process.

When buying insurance coverage, it’s not a good idea to reduce coverage to reduce premium. There are too many instances where someone sacrificed liability coverage limits to discover at claim time that it was a big error on their part. Your focus should be to find the BEST coverage at a price you can afford, not the least amount of coverage.

Throughout this article, we presented a lot of techniques to compare 2005 Volvo XC70 insurance premium rates online. The most important thing to understand is the more companies you get prices for, the higher your chance of finding cheaper car insurance. Consumers could even find that the lowest premium rates are with a smaller regional carrier.

Much more information about insurance coverage is located at these links:

• Senior Drivers (Insurance Information Insitute)
• Top Signs Your Brakes are Giving Out (State Farm)
• Understanding Rental Car Insurance (Insurance Information Insitute)
• Distracted Driving Extends Beyond Texting (State Farm)
• How to Avoid Staged Accidents (State Farm)

Enter your zip code below to view companies that have cheap auto insurance rates.

 Secured with SHA-256 Encryption