How Much Does 2004 Volvo S80 Car Insurance Cost?

Searching for the cheapest car insurance rates for your Volvo S80? Sick and tired of paying out the nose to keep your car insured? You are in the same boat as most other consumers.

Due to the large number of different company options, it can be diffult for drivers to choose a more affordable insurer.

The purpose of this post is to familiarize you with how car insurance quotes work and some tips to save money. If you currently have a car insurance policy, you stand a good chance to be able to save some money using this strategy. Although drivers can benefit from knowing the methods companies use to price online insurance because it can help you find the best coverage.

Learn how to buy auto insurance at a discount

Part of the auto insurance buying process is learning some of the factors that help calculate your auto insurance rates. If you have a feel for what controls the rates you pay, this allows you to make good choices that can earn you lower rates.

Shown below are a partial list of the pieces utilized by car insurance companies to help set your rate level.

  • Driver age impacts premiums – More mature drivers are shown to be more cautious, are lower risk to insure and get fewer tickets.Teenage drivers are statistically shown to be careless and easily distracted when behind the wheel so they pay higher auto insurance rates.
  • More stress means more cost – Careers such as real estate brokersair traffic controllers and emergency personnel tend to pay higher premiums than the average policyholder because of intense work requirements and lengthy work days. Conversely, careers like actors, engineers and retirees generally pay rates lower than average on S80 coverage.
  • Being married reduces risk – Your spouse may save some money on your auto insurance policy. It means you’re more financially stable and insurance companies like that married drivers tend to have fewer serious accidents.
  • Where you reside factors in – Residing in areas with lower population can be a good thing when talking about auto insurance. Urban drivers have to deal with much more traffic and a longer drive to work. Fewer people means less chance of accidents in addition to lower liability claims
  • Tickets and citations cost more than a fine – Careful drivers get better rates than bad drivers. Having just one driving citation can boost insurance rates twenty percent or more. Drivers who have received serious tickets such as reckless driving or DUI may find they need to file a SR-22 with their state motor vehicle department in order to prevent their license from being revoked.

Buy insurance coverage online

When shopping for insurance coverage there are multiple ways to compare rate quotes from many insurance coverage companies in your state. The best way to find cheaper Volvo S80 rates involves getting comparison quotes online. This can be accomplished in a couple minutes as outlined below.

  1. The easiest and least time consuming way to find low rates is an all-inclusive rate comparison (click to open form in new window). This style of form keeps you from doing repetitive form submissions for every insurance coverage company. Just one form gets coverage cost estimates from multiple companies.
  2. A different way to compare prices is spending the time to visit each company website and repeat the quote process again and again. For example, let’s say you need rates from Allstate, Liberty Mutual and Geico. In order to get each rate, you would have to visit each site to input your insurance information, which can get old fast. To view a list of companies in your area, click here.

It’s your choice how you get your quotes, but be sure to compare equivalent coverage data for each quote you get. If you use different deductibles you will not be able to find the best deal for your Volvo S80. Having just a slight variation in coverage limits may result in large price differences. Keep in mind that obtaining a wide range of quotes helps increase your odds of locating a lower rate than you’re paying now.

Use discounts to get cheaper insurance rates

Insurance is not an enjoyable expense, but you can get discounts that could help you make your next renewal payment. A few discounts will be applied when you complete an application, but less common discounts must be specifically requested before being credited. If you do not double check each discount you deserve, you could be paying more than you need to.

  • Multi-policy Discount – When you combine your auto and home insurance with the same company you could earn a discount of approximately 10% to 15%.
  • Defensive Driving Course – Passing a course that instructs on driving safety could save 5% or more depending on where you live.
  • Mature Driver Discount – Seniors may be able to get lower premium rates on S80 coverage.
  • Safety Restraint Discount – Drivers who require all vehicle occupants to buckle their seat belts can save a little on medical payment and PIP coverage.
  • Online Discount – A few insurance companies provide a small discount get car insurance on your computer.
  • College Student Discount – Children who attend college more than 100 miles from home and leave their car at home could qualify for this discount.
  • Discount for Good Grades – Being a good student can be rewarded with saving of up to 25%. Many companies even apply the discount to college students up until you turn 25.
  • Anti-theft Discount – Cars that have factory anti-theft systems help deter theft and will save you 10% or more.
  • Anti-lock Brake Discount – Cars, trucks, and SUVs with ABS and/or traction control are much safer to drive and the ABS can save up to 10%.
  • Government Employees – Having worked for a branch of the government could qualify for a slight premium decrease on S80 coverage with certain companies.

As a footnote on discounts, most of the big mark downs will not be given to the entire policy premium. Most only apply to specific coverage prices like collision or personal injury protection. So when it seems like you can get free auto insurance, companies don’t profit that way.

A list of insurance companies and a selection of discounts are included below.

  • Progressive policyholders can earn discounts including online quote discount, multi-policy, multi-vehicle, continuous coverage, and good student.
  • The Hartford includes discounts for bundle, air bag, good student, driver training, anti-theft, vehicle fuel type, and defensive driver.
  • Mercury Insurance may offer discounts for multi-car, ease of repair, low natural disaster claims, good driver, anti-theft, annual mileage, and multi-policy.
  • Geico may have discounts that include multi-policy, anti-lock brakes, defensive driver, membership and employees, air bags, and daytime running lights.
  • AAA offers discounts for multi-car, good driver, education and occupation, good student, and anti-theft.
  • State Farm has savings for Drive Safe & Save, passive restraint, Steer Clear safe driver discount, good student, good driver, anti-theft, and safe vehicle.

Before purchasing a policy, check with all companies you are considering which discounts you qualify for. Some discounts listed above might not be offered in your area. To view insurance companies with the best insurance discounts, click here to view.

Tailor your auto insurance coverage to you

When it comes to choosing coverage, there really is no one size fits all plan. Your needs are not the same as everyone else’s so your insurance should reflect that Here are some questions about coverages that could help you determine whether your personal situation might need professional guidance.

  • How can I force my company to pay a claim?
  • Am I covered if I crash into my own garage door?
  • I have a DUI can I still get coverage?
  • Do I have any recourse if my insurance company denies a claim?
  • Do I need medical payments coverage since I have good health insurance?
  • Which companies will insure high-risk drivers?
  • Is business property covered if stolen from my car?
  • Do I have coverage when making 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 may need to chat with an insurance agent. If you don’t have a local agent, fill out this quick form or go to this page to view a list of companies.

Educate yourself about car insurance coverages

Having a good grasp of car insurance aids in choosing appropriate coverage and proper limits and deductibles. The terms used in a policy can be impossible to understand and coverage can change by endorsement. Listed below are the normal coverages found on most car insurance policies.

Uninsured and underinsured coverage

This gives you protection when the “other guys” either have no liability insurance or not enough. It can pay for injuries to you and your family as well as your vehicle’s damage.

Due to the fact that many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is very important. Usually these coverages are set the same as your liablity limits.

Coverage for medical payments

Personal Injury Protection (PIP) and medical payments coverage pay for immediate expenses for hospital visits, nursing services, funeral costs and pain medications. They are used to cover expenses not covered by your health insurance policy or if you do not have health coverage. Coverage applies to you and your occupants and will also cover any family member struck as a pedestrian. PIP coverage is not available in all states and gives slightly broader coverage than med pay

Auto collision coverage

This pays for damage to your S80 from colliding with another vehicle or an object, but not an animal. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for claims like colliding with another moving vehicle, scraping a guard rail, damaging your car on a curb, crashing into a building and sustaining damage from a pot hole. Paying for collision coverage can be pricey, so consider removing coverage from older vehicles. You can also choose a higher deductible in order to get cheaper collision rates.

Liability

This coverage will cover damage or injury you incur to other’s property or people by causing an accident. It protects you against claims from other people, and does not provide coverage for your injuries or vehicle damage.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see values of 25/50/25 which stand for $25,000 in coverage for each person’s injuries, a limit of $50,000 in injury protection per accident, and property damage coverage for $25,000. Another option is a combined single limit or CSL which limits claims to one amount with no separate limits for injury or property damage.

Liability insurance covers claims like structural damage, medical services and loss of income. How much liability should you purchase? That is a decision to put some thought into, but buy as high a limit as you can afford.

Comprehensive coverages

Comprehensive insurance coverage covers damage OTHER than collision with another vehicle or object. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for claims like rock chips in glass, damage from a tornado or hurricane, hail damage and vandalism. The maximum payout a car insurance company will pay at claim time is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Be a smart shopper

As you go through the steps to switch your coverage, don’t be tempted to buy poor coverage just to save money. There are a lot of situations where an accident victim reduced comprehensive coverage or liability limits only to regret at claim time that the few dollars in savings costed them thousands. Your strategy should be to buy a smart amount of coverage at an affordable rate while not skimping on critical coverages.

Some car insurance companies do not offer rate quotes online and most of the time these smaller companies only sell through local independent agencies. Affordable 2004 Volvo S80 insurance can be bought on the web and from local agencies, and you need to price shop both to have the best rate selection.

Additional information is located at the links below