Save on 2008 Volvo S60 Insurance Quotes

Trying to find the cheapest insurance coverage rates for your Volvo S60? Are you tired of robbing Peter to pay Paul to pay insurance coverage each month? You’re in the same situation as the majority of other people. Multiple auto insurance companies compete for your business, and it can be difficult to compare rates to get the best rate

Get affordable insurance coverage with discounts

Insurance coverage can be pricey, but you may be missing some discounts to help offset the cost. Many discounts should be triggered when you purchase, but a few need to be asked for before they will apply.

  • Anti-theft Discount – Vehicles with anti-theft systems can help prevent theft and will save you 10% or more.
  • Accident Forgiveness Coverage – Not necessarily a discount, but a few companies such as Allstate and Progressive will forgive one accident without the usual rate increase if you are claim-free before the accident.
  • Student Driver Training – It’s a good idea to have your young drivers take driver’s ed class in school.
  • Military Deployment Discount – Being on active deployment in the military may lower your premium rates slightly.
  • Driving Data Discount – Drivers who elect to allow companies to track vehicle usage by using a telematics device in their vehicle like In-Drive from State Farm and Progressive’s Snapshot may get a rate reduction if they exhibit good driving behavior.
  • Air Bags and Passive Restraints – Vehicles equipped with air bags may qualify for discounts of 20 to 30 percent.

Discounts reduce rates, but you should keep in mind that some credits don’t apply to the entire cost. The majority will only reduce individual premiums such as liability, collision or medical payments. So when the math indicates all those discounts means the company will pay you, companies don’t profit that way.

A list of insurance coverage companies and some of the premium reductions they offer can be read below.

  • Geico offers discounts for multi-policy, federal employee, anti-lock brakes, five-year accident-free, multi-vehicle, defensive driver, and membership and employees.
  • Mercury Insurance has savings for multi-policy, age of vehicle, multi-car, annual mileage, good student, and professional/association.
  • Farmers Insurance has discounts for pay in full, alternative fuel, youthful driver, distant student, and electronic funds transfer.
  • Auto-Owners Insurance discounts include safe vehicle, anti-lock brakes, multiple vehicles, student away at school, safe driver, teen driver, and company car.
  • Liberty Mutual policyholders can earn discounts including preferred payment discount, good student, safety features, new vehicle discount, hybrid vehicle, exclusive group savings, and new graduate.
  • SAFECO may offer discounts for accident prevention training, homeowner, anti-lock brakes, teen safe driver, and bundle discounts.
  • Progressive may have discounts that include homeowner, multi-policy, multi-vehicle, good student, online quote discount, and online signing.
  • USAA may include discounts for new vehicle, family discount, multi-vehicle, safe driver, and defensive driver.

Before buying, ask all companies you are considering which discounts you may be entitled to. Some of the discounts discussed earlier may not apply to policies in your area.

How to get free insurance coverage quotes online

Getting a cheaper price on 2008 Volvo S60 insurance can be relatively painless. All that’s required is to take a few minutes comparing rate quotes provided by online insurance companies. It’s super easy and can be done by using one of the methods below.

The single most time-saving way to compare a lot of rates at once is a comparison rater form (click to open form in new window). This form eliminates the need for separate quotes to each individual insurance coverage company. One simple form gets you coverage quotes from multiple companies.

A more time consuming way to analyze rates is going to each company website to complete a price quote. For examples sake, let’s assume you want rates from Progressive, 21st Century and GMAC. In order to compare rates, you need to take the time to go to each site and punch in your information repeatedly, and that explains why we recommend the first method.

To view a list of companies in your area, click here.

The least recommended method to shop rates is physically going to and from local insurance agencies. The internet eliminates this option unless you’re the type of person who wants the personal advice of a local agency. It is possible with some companies comparison shop online but purchase the actual policy in an agency.

The approach you take is up to you, just double check that you are using nearly identical coverages on every price quote you get. If you have different deductibles it’s not possible to truly determine the lowest rate.

Smart buyers know how to buy auto insurance cheaper

Many things are used when you quote your car insurance policy. Some factors are common sense such as traffic violations, but some are less obvious like your vehicle usage or your commute time.

  • Safer the car lower the rate – Vehicles that have high safety ratings can get you lower premiums. Vehicles engineered for safety reduce injuries and any reduction in injury severity means less claims paid and more competitive rates for policyholders. If your Volvo S60 is rated at a minimum an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website it is probably cheaper to insure.
  • How do annual miles impact prices? – The more miles you rack up on your Volvo in a year’s time the more you will pay for auto insurance. A lot of companies calculate prices based upon how the vehicle is primarily used. Cars and trucks that are left in the garage receive better premium rates than vehicles that have high annual mileage. Improper usage on your S60 may be wasting your money. It’s a good idea to make sure your policy shows the correct driver usage.
  • Costs also based on gender – The statistics show women tend to be less risk to insure than men. Now that doesn’t mean men are WORSE drivers than women. Both genders get in auto accidents at a similar rate, but the men get into accidents with more damage. Men also get higher numbers of serious violations like DUI and reckless driving.
  • Limits of liability protection – Liability insurance provides coverage in the event that you are found to be at fault for damages caused by your negligence. It provides for a legal defense which can cost a lot. This coverage is very inexpensive when compared to the cost of physical damage coverage, so drivers should make sure they buy enough to cover all assets.

Tailor your insurance coverage coverage to you

When it comes to buying adequate coverage, there isn’t really a cookie cutter policy. Everyone’s situation is a little different and a cookie cutter policy won’t apply. Here are some questions about coverages that might help in determining if you would benefit from professional advice.

  • Do I pay less if my vehicle is kept in my garage?
  • Exactly who is provided coverage by my policy?
  • Should I put collision coverage on all my vehicles?
  • Are rental cars covered under my policy?
  • At what point should I drop full coverage?
  • What companies insure drivers after a DUI or DWI?
  • When should I remove comp and collision on my 2008 Volvo S60?
  • Do I get a pro-rated refund if I cancel my policy early?
  • Does having multiple vehicles earn me a discount?

If you’re not sure about those questions, then you may want to think about talking to an agent. To find lower rates from a local agent, fill out this quick form or click here for a list of insurance coverage companies in your area. It is quick, free and you can get the answers you need.

Coverage specifics

Learning about specific coverages of your policy can help you determine the right coverages and the correct deductibles and limits. The terms used in a policy can be ambiguous and nobody wants to actually read their policy. Listed below are typical coverages found on the average car insurance policy.

Coverage for medical expenses

Coverage for medical payments and/or PIP pay for expenses like nursing services, X-ray expenses and ambulance fees. The coverages can be used to fill the gap from your health insurance policy or if you are not covered by health insurance. It covers all vehicle occupants as well as any family member struck as a pedestrian. Personal Injury Protection is only offered in select states but it provides additional coverages not offered by medical payments coverage

Comprehensive car insurance

Comprehensive insurance coverage pays for damage OTHER than collision with another vehicle or object. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers things such as hail damage, fire damage, hitting a deer, falling objects and damage from getting keyed. The maximum amount your car insurance company will pay is the market value of your vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.

Coverage for collisions

This coverage pays for damage to your S60 resulting from a collision with a stationary object or other vehicle. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision can pay for things like backing into a parked car, hitting a parking meter and colliding with another moving vehicle. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are 8 years or older. You can also bump up the deductible in order to get cheaper collision rates.

Coverage for uninsured or underinsured drivers

This coverage protects you and your vehicle’s occupants when other motorists are uninsured or don’t have enough coverage. This coverage pays for injuries to you and your family and damage to your Volvo S60.

Since a lot of drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is a good idea.

Auto liability insurance

This will cover damages or injuries you inflict on other’s property or people by causing an accident. It protects you from claims by other people, and 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. As an example, you may have liability limits of 25/50/25 that means you have a limit of $25,000 per injured person, a total of $50,000 of bodily injury coverage per accident, and a total limit of $25,000 for damage to vehicles and property.

Liability can pay for claims like legal defense fees, structural damage, emergency aid, medical expenses and funeral expenses. The amount of liability coverage you purchase is a decision to put some thought into, but it’s cheap coverage so purchase as much as you can afford.

Saving money is sweet as honey

More affordable insurance is possible from both online companies as well as from insurance agents, so you should be comparing quotes from both to have the best chance of lowering rates. Some insurance companies do not provide rates over the internet and these smaller companies prefer to sell through independent agents.

As you restructure your insurance plan, it’s not a good idea to buy less coverage just to save a little money. Too many times, consumers will sacrifice comprehensive coverage or liability limits only to regret at claim time they didn’t have enough coverage. Your goal should be to buy the best coverage you can find at the best price.

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