Compare 1992 Volvo 960 Car Insurance Quotes

Searching for cheaper insurance coverage rates for your Volvo 960? Nobody likes buying insurance coverage, especially when they could find better rates elsewhere.

Big companies like Geico, Progressive and Allstate all claim big savings, bombarding you with ad campaigns and consumers find it hard to sift through the bull and do the work needed to find the best deal.

Auto Insurance Discounts

Properly insuring your vehicles can get expensive, but companies offer discounts that could drop your premiums quite a bit. Certain credits will be shown when you quote, but a few must be inquired about before you get the savings. If you are not receiving all the discounts you deserve, you could be getting lower rates.

  • Payment Method – If paying your policy premium upfront instead of monthly or quarterly installments you could save 5% or more.
  • E-sign – A few larger companies give back up to $50 for buying your policy online.
  • Driver’s Ed – Require your teen driver to sucessfully take a drivers education course if offered at their school.
  • No Charge for an Accident – This isn’t a discount exactly, but some insurance companies will forgive one accident without raising rates if your claims history is clear prior to being involved in the accident.
  • Military Rewards – Being on active duty in the military may lower your rates slightly.
  • Mature Driver Discount – Seniors are able to get a small decrease in premiums on 960 insurance.
  • New Vehicle Savings – Insuring a vehicle that is new can save you some money because new model year vehicles have to meet stringent safety requirements.
  • Good Grades Discount – A discount for being a good student may save as much as 25% on a insurance coverage quote. Earning this discount can benefit you up until you turn 25.
  • Life Insurance – If the company offers life insurance, you could get a discounted premium rate on car insurance if you buy a life policy as well.

Don’t be shocked that many deductions do not apply to your bottom line cost. A few only apply to individual premiums such as liability and collision coverage. Even though it appears you can get free auto insurance, companies wouldn’t make money that way.

To see a list of insurance companies that have a full spectrum of discounts, click this link.

Tailor your insurance coverage coverage to you

When it comes to buying the right insurance coverage, there really is not a best way to insure your cars. Each situation is unique and your policy should reflect that. Here are some questions about coverages that may help you determine if your insurance needs would benefit from professional advice.

  • Does coverage extend to my business vehicle?
  • Will my vehicle be repaired with OEM or aftermarket parts?
  • Am I covered if I drive in a foreign country?
  • Is my 1992 Volvo 960 covered for smoke damage?
  • Is motorclub coverage worth it?
  • Are split liability limits better than a combined single limit?

If you don’t know the answers to these questions but one or more may apply to you, you might consider talking to a licensed agent. To find lower rates from a local agent, fill out this quick form or you can also visit this page to select a carrier

Insurance coverage considerations

Understanding the coverages of your insurance policy can help you determine the right coverages and the correct deductibles and limits. Policy terminology can be ambiguous and nobody wants to actually read their policy. Shown next are typical coverage types found on the average insurance policy.

Coverage for medical expenses – Med pay and PIP coverage kick in for immediate expenses such as dental work, hospital visits, nursing services, surgery and doctor visits. The coverages can be utilized in addition to your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover you and your occupants and also covers getting struck while a pedestrian. PIP is only offered in select states but it provides additional coverages not offered by medical payments coverage

Liability – This coverage can cover injuries or damage you cause to a person or their property by causing an accident. This coverage protects you against claims from other people, and doesn’t cover your injuries or vehicle damage.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have liability limits of 25/50/25 which stand for $25,000 bodily injury coverage, a total of $50,000 of bodily injury coverage per accident, and property damage coverage for $25,000. Some companies may use one number which is a combined single limit which combines the three limits into one amount rather than limiting it on a per person basis.

Liability insurance covers claims such as bail bonds, loss of income, legal defense fees and medical expenses. How much liability should you purchase? That is your choice, but consider buying as high a limit as you can afford.

Comprehensive insurance – This coverage will pay to fix damage that is not covered by collision coverage. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for claims like rock chips in glass, a tree branch falling on your vehicle, damage from a tornado or hurricane, falling objects and a broken windshield. The most you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.

Collision coverage – Collision insurance pays to fix your vehicle from damage resulting from colliding with another vehicle or an object, but not an animal. A deductible applies then your collision coverage will kick in.

Collision coverage pays for claims such as backing into a parked car, rolling your car and sustaining damage from a pot hole. Collision is rather expensive coverage, so consider removing coverage from lower value vehicles. It’s also possible to bump up the deductible to get cheaper collision coverage.

Coverage for uninsured or underinsured drivers – Your UM/UIM coverage protects you and your vehicle when the “other guys” either are underinsured or have no liability coverage at all. It can pay for medical payments for you and your occupants as well as your vehicle’s damage.

Due to the fact that many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. For this reason, having high UM/UIM coverages is a good idea. Normally these coverages are identical to your policy’s liability coverage.

Feed the piggy bank

You just learned quite a bit of information on how to shop for 1992 Volvo 960 insurance online. The key concept to understand is the more you quote insurance coverage, the higher your chance of finding cheaper insurance coverage. You may be surprised to find that the lowest rates come from an unexpected company. They may have significantly lower car insurance rates on certain market segments than their larger competitors like Progressive or Geico.

As you prepare to switch companies, don’t be tempted to sacrifice coverage to reduce premiums. In many instances, someone dropped comprehensive coverage or liability limits only to regret that saving that couple of dollars actually costed them tens of thousands. The proper strategy is to get the best coverage possible at the best possible price, but do not sacrifice coverage to save money.

Additional information