1998 Volvo S70 Insurance Cost – 9 Tricks for Cheaper Prices

Buyers have lots of choices when searching for the lowest priced Volvo S70 insurance. They can either waste time contacting agents to get rate comparisons or save time using the internet to compare rates.

There are both good and bad ways to compare insurance coverage rates so we’re going to tell you the quickest way to price shop coverage on a Volvo and locate the best price possible either online or from local insurance agents.

If you have insurance now or need new coverage, you can use this information to cut your premiums and still get good coverage. This information will familiarize you with how car insurance quotes work and some tips to save money. Vehicle owners only need to know the most effective way to compare rates online.

How to shop auto insurance online

There are a lot of ways to compare auto insurance quotes, but there is one way that is easier and takes less work. You could waste time talking about coverages with local insurance agents in your area, or you can utilize online quotes to get prices fast.

Most major companies are enrolled in a marketplace where prospective buyers submit one quote, and each company then returns a price quote for coverage. This system prevents you from having to do quote requests to every company.

To find out how much you’re overpaying now click here (opens in new window).

One minor caviat to using this type of system is you can’t choose the providers you will receive quotes from. If you wish to select individual companies to request quotes from, we have a page of low cost auto insurance companies in your area. Click here for list of insurance companies.

You can choose any of those ways to find more affodable coverage, but make darn sure you compare the same quote data for each price quote. If each company quotes mixed coverages it will be very difficult to decipher which rate is best.

Everyone needs different auto insurance coverages

When it comes to buying coverage for your vehicles, there isn’t really a perfect coverage plan. Your needs are not the same as everyone else’s.

These are some specific questions might help in determining whether your personal situation will benefit from professional help.

Do I need an umbrella policy?
Are rental cars covered under my policy?
Should I buy full coverage?
What is the minimum liability in my state?
Do I need rental car coverage?
Can I rate high risk drivers on liability-only vehicles?
How can I find cheaper teen driver insurance?
Is my teenager covered with friends in the car?
Is my 1998 Volvo S70 covered for smoke damage?
How high should my uninsured/underinsured coverage be in my state?

If you’re not sure about those questions but you think they might apply to your situation, you might consider talking to a licensed insurance agent. To find lower rates from a local agent, simply complete this short form. It’s fast, free and you can get the answers you need.

Detailed coverages of your insurance policy

Having a good grasp of a insurance policy aids in choosing appropriate coverage and proper limits and deductibles. Policy terminology can be difficult to understand and even agents have difficulty translating policy wording.

Auto collision coverage

This will pay to fix damage to your S70 caused by collision with another car or object. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage pays for things like sideswiping another vehicle, colliding with another moving vehicle, rolling your car, backing into a parked car and hitting a mailbox. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are older. Another option is to bump up the deductible to save money on collision insurance.

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage protects you and your vehicle when other motorists either are underinsured or have no liability coverage at all. This coverage pays for injuries sustained by your vehicle’s occupants as well as damage to your Volvo S70.

Due to the fact that many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is a good idea. Frequently these limits are set the same as your liablity limits.

Liability car insurance

This will cover damages or injuries you inflict on other people or property in an accident. It protects YOU against other people’s claims. Liability doesn’t cover your own vehicle damage or injuries.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have policy limits of 100/300/100 that means you have $100,000 in coverage for each person’s injuries, a total of $300,000 of bodily injury coverage per accident, and property damage coverage for $100,000. 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 coverage pays for things such as court costs, structural damage and loss of income. How much liability coverage do you need? That is your choice, but you should buy as high a limit as you can afford.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage reimburse you for immediate expenses such as chiropractic care, prosthetic devices and ambulance fees. The coverages can be utilized in addition to your health insurance program or if there is no health insurance coverage. It covers all vehicle occupants and also covers being hit by a car walking across the street. Personal injury protection coverage is not available in all states and gives slightly broader coverage than med pay

Comprehensive insurance

Comprehensive insurance covers 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 can pay for things such as vandalism, falling objects, rock chips in glass, hitting a bird and damage from flooding. The maximum payout you’ll receive from a claim is the market value of your vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.