Compare 2001 Volvo S60 Car Insurance Rates

Having to pay for pricey Volvo S60 insurance can eat up your bank account and force you to make tough financial choices. Comparing rates annually can be a smart way to make sure you’re not throwing money away.

Having so many online and local companies to choose from, it’s nearly impossible to locate the best car insurance company.

It’s important to take a look at other company’s rates occasionally because prices trend upward over time. Despite the fact that you may have had the lowest price for S60 insurance two years ago you can probably find a lower rate today. There is too much inaccurate information about car insurance on the internet, but we’re going to give you some good information on how to reduce your car insurance bill.

Lower rates by qualifying for discounts

Some insurers don’t always advertise all their discounts very clearly, so the following list contains both the well known in addition to some of the lesser obvious discounts you could be receiving when you buy insurance coverage online. If you check and find you aren’t receiving every discount you qualify for, you are not getting the best rate possible.

  • Senior Citizens – If you qualify as a senior citizen, you may qualify for a slight reduction on a insurance coverage quote for S60 insurance.
  • Auto/Life Discount – Not every insurance company offers life insurance, but if they do you may earn a discounted premium rate on car insurance if you buy some life insurance in addition to your auto policy.
  • Military Discounts – Being on active deployment in the military could trigger a small discount.
  • Good Student – This discount could provide a savings of up to 20% or more. Earning this discount can benefit you up until you turn 25.
  • Discounts for Safe Drivers – Insureds who avoid accidents may save up to 50% more for S60 insurance compared to accident prone drivers.
  • Low Mileage – Maintaining low annual mileage can earn lower prices due to less chance of an accident.
  • Anti-lock Brakes – Anti-lock brake equipped vehicles can reduce accidents so companies give up to a 10% discount.
  • Professional Organizations – Being a member of certain professional organizations may earn a discount on your bill.

A little note about advertised discounts, some credits don’t apply to the entire cost. Most only cut specific coverage prices like liability and collision coverage. Just because you may think you would end up receiving a 100% discount, that’s just not realistic.

The best insurance companies and some of the premium reductions they offer can be found below.

  • Progressive may offer discounts for homeowner, continuous coverage, multi-policy, multi-vehicle, online quote discount, online signing, and good student.
  • MetLife offers premium reductions for accident-free, good student, claim-free, good driver, defensive driver, multi-policy
  • Mercury Insurance discounts include location of vehicle, multi-car, professional/association, low natural disaster claims, multi-policy, age of vehicle, and type of vehicle.
  • Nationwide policyholders can earn discounts including family plan, good student, easy pay, anti-theft, multi-policy, and business or organization.
  • Geico includes discounts for good student, seat belt use, multi-vehicle, daytime running lights, anti-lock brakes, federal employee, and driver training.
  • AAA has discounts for AAA membership discount, good student, multi-car, pay-in-full, multi-policy, good driver, and education and occupation.

If you want affordable insurance coverage quotes, ask each company or agent which discounts you may be entitled to. All car insurance discounts may not apply in your state. To view companies that provide some of the discounts listed above, click here.

Affordable auto insurance

There are several ways to compare rate quotes from companies that offer auto insurance in your state. The fastest way to find cheaper 2001 Volvo S60 rates is to use the internet to compare rates. This is quite simple and can be completed in a couple minutes as outlined below.

  1. Without a doubt, the easiest way to find the lowest comparison rates is an all-inclusive rate comparison (click to open form in new window). This method prevents you from having to do separate quotes for every auto insurance company. Just one form gets rate comparisons direct from many companies.
  2. A different way to get comparison quotes consists of visiting each company’s website to complete a price quote. For examples sake, let’s say you are doing a rate comparison from Nationwide, Progressive and Allstate. To do that, you would have to take the time to go to each site and enter your information, which is why most consumers use the first method. To view a list of companies in your area, click here.
  3. Even if you have time, the least recommended way to comparison shop is to spend time driving to insurance agents’ offices. Comparing online rate quotes can eliminate the need for a local agent unless you have a complicated situation and need the guidance that can only be provided by a licensed insurance agent. You can, however, comparison shop your insurance online and get advice from an agent in your area.

You can choose any of those ways to find more affodable coverage, but be certain you are entering apples-to-apples coverages and limits for each comparison quote. If each company quotes mixed coverages it’s not possible to truly determine the lowest rate. Slightly different limits may result in large price differences. Just keep in mind that comparing more rates from different companies will increase your chances of finding a lower rate than you’re paying now. Not every company does online quotes, so you need to compare price quotes from them as well.

Insurance coverage is unique, just like you

When buying the right insurance coverage for your personal vehicles, there is no single plan that fits everyone. Everyone’s situation is a little different so this has to be addressed. For example, these questions may help you determine whether you would benefit from professional advice.

  • What vehicles should carry emergency assistance coverage?
  • Does my policy cover me when driving someone else’s vehicle?
  • What is the minimum liability in my state?
  • Should I get collision insurance on every vehicle?
  • Am I covered when delivering products for my home-based business?
  • What should my uninsured motorist coverage limits be in my state?
  • How do I buy GAP insurance?
  • Why does it cost so much to insure a teen driver?
  • Am I missing any policy discounts?

If you can’t answer these questions, you may need to chat with an agent. To find lower rates from a local agent, take a second and complete this form or click here for a list of insurance coverage companies in your area.

Auto insurance 101

Learning about specific coverages of a insurance policy can help you determine which coverages you need and proper limits and deductibles. Insurance terms can be confusing and reading a policy is terribly boring. Below you’ll find the usual coverages available from insurance companies.

Uninsured/Underinsured Motorist coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other motorists when they either are underinsured or have no liability coverage at all. This coverage pays for medical payments for you and your occupants and damage to your Volvo S60.

Because many people have only the minimum liability required by law, their limits can quickly be used up. So UM/UIM coverage is very important. Frequently these limits are similar to your liability insurance amounts.

Medical payments coverage and PIP

Med pay and PIP coverage kick in for bills like EMT expenses, X-ray expenses, doctor visits, chiropractic care and nursing services. They are often used to fill the gap from your health insurance program or if you are not covered by health insurance. Coverage applies to not only the driver but also the vehicle occupants in addition to if you are hit as a while walking down the street. PIP coverage is only offered in select states and may carry a deductible

Liability coverage

This coverage protects you from injuries or damage you cause to other people or property. This coverage protects you from legal claims by others, and doesn’t cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have limits of 100/300/100 that means you have $100,000 in coverage for each person’s injuries, $300,000 for the entire accident, and property damage coverage for $100,000. Alternatively, you may have one limit called combined single limit (CSL) which provides one coverage limit with no separate limits for injury or property damage.

Liability insurance covers things like medical services, medical expenses, emergency aid, repair costs for stationary objects and pain and suffering. How much liability should you purchase? That is a decision to put some thought into, but it’s cheap coverage so purchase as high a limit as you can afford.

Comprehensive coverage

This coverage pays to fix your vehicle from damage that is not covered by collision coverage. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against things such as a tree branch falling on your vehicle, hail damage and a broken windshield. The maximum payout a insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Collision protection

This pays to fix your vehicle from damage from colliding with an object or car. A deductible applies then the remaining damage will be paid by your insurance company.

Collision can pay for claims such as crashing into a building, hitting a mailbox, hitting a parking meter and crashing into a ditch. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are older. Drivers also have the option to bump up the deductible to get cheaper collision coverage.

Stretch your dollar

Affordable 2001 Volvo S60 insurance is possible online and with local insurance agents, and you need to comparison shop both in order to have the best chance of saving money. Some insurance providers don’t offer online quoting and many times these small insurance companies only sell through independent agents.

When buying insurance coverage, make sure you don’t reduce coverage to reduce premium. In too many instances, someone dropped comprehensive coverage or liability limits and learned later that the few dollars in savings costed them thousands. Your goal is to get the best coverage possible at an affordable rate while not skimping on critical coverages.

We just showed you quite a bit of information on how to lower your 2001 Volvo S60 insurance rates. The key thing to remember is the more companies you get car insurance rates for, the more likely it is that you will get a better rate. You may even discover the lowest priced auto insurance comes from an unexpected company. Smaller companies may often insure only within specific states and give getter rates compared to the large companies like Progressive or Geico.

Much more information about auto insurance can be read at these links: