2008 Volvo V70 Insurance Quotes – 7 Ways to Save

Want lower insurance coverage rates for your Volvo V70? Did a good deal turn into an expensive insurance coverage policy? Trust us when we tell you there are many drivers thinking the same thing. Many auto insurance companies compete for your business, and it can be difficult to compare rates to find the lowest rate

It’s a great practice to compare premium rates before your policy renews because prices change quite often. Just because you found the lowest price on V70 coverage last year the chances are good that you can find a lower rate quote today. Forget anything you know (or think you know) about insurance coverage because you’re going to get a crash course in the proper way to save on insurance coverage.

If you have a current car insurance policy or need a new policy, you can use these tips to shop for the lowest rates while maintaining coverages. Buying car insurance is quite easy. Drivers just need to know the tricks to shop for car insurance online.

The quickest method to get rate comparisons is to realize all the major auto insurance companies provide online access to provide you with a free rate quote. The only thing you need to do is provide information like the ages of drivers, if you have an active license, types of safety features, and whether your vehicle is owned or leased. Your information gets transmitted to multiple different insurance companies and they return rate quotes instantly.

To find the cheapest car insurance rates, click here then complete the form.

Seven discounts for cheaper auto insurance quotes

Auto insurance can be pricey, but you can get discounts that many consumers don’t even know exist. Many discounts should be triggered at quote time, but less common discounts must be inquired about before being credited. If you check and find you aren’t receiving every discount available, you are paying more than you should be.

  • Discounts for Safe Drivers – Drivers without accidents can get discounts for up to 45% lower rates on V70 coverage than their less cautious counterparts.
  • Homeowners Pay Less – Owning a home can save you money since owning and maintaining a home shows financial diligence.
  • Early Switch Discount – Select auto insurance companies give a discount for switching to them before your current coverage expires. It could save around 10% when you buy insurance coverage online.
  • More Vehicles More Savings – Buying coverage for more than one vehicle on a single policy can reduce rates for all insured vehicles.
  • ABS and Traction Control Discounts – Vehicles that have steering control and anti-lock brakes can stop better under adverse conditions and qualify for as much as a 10% discount.
  • Online Discount – Many insurance companies will give you a small discount for buying a policy and signing up online.
  • Telematics Data – Drivers who elect to allow driving data collection to track where and when they drive by installing a telematics device like Drivewise from Allstate or In-Drive from State Farm could save a few bucks if they exhibit good driving behavior.

Consumers should know that most credits do not apply to your bottom line cost. The majority will only reduce the cost of specific coverages such as comprehensive or collision. So when it seems like it’s possible to get free car insurance, you’re out of luck.

A partial list of companies who might offer many of the previously listed discounts are:

Double check with every company which discounts you may be entitled to. Discounts may not apply in your area. To view insurers that offer multiple discounts, click here to view.

You may need specialized auto insurance coverage

When choosing proper insurance coverage, there is no “perfect” insurance plan. Your needs are not the same as everyone else’s and your policy should reflect that. Here are some questions about coverages that may help you determine whether or not you will benefit from professional help.

  • Does coverage extend to Mexico or Canada?
  • What is an SR-22 filing?
  • Am I covered when renting a car or should I buy coverage from the car rental agency?
  • Is other people’s property covered if stolen from my vehicle?
  • Is my teenager covered with friends in the car?
  • Is my dog or cat covered if injured in an accident?
  • Is my cargo covered for damage or theft?
  • Do I need an umbrella policy?
  • What companies insure drivers after a DUI or DWI?

If you’re not sure about those questions but you think they might apply to your situation, then you may want to think about talking to an agent. To find an agent in your area, simply complete this short form or click here for a list of auto insurance companies in your area. It is quick, free and you can get the answers you need.

Insurance coverage basics

Understanding the coverages of your insurance policy can help you determine the best coverages and the correct deductibles and limits. Insurance terms can be impossible to understand and nobody wants to actually read their policy. Listed below are the usual coverages available from insurance companies.

Uninsured Motorist or Underinsured Motorist insurance – Uninsured or Underinsured Motorist coverage provides protection 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 V70.

Since many drivers have only the minimum liability required by law, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Comprehensive coverage (or Other than Collision) – Comprehensive insurance pays for damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims such as rock chips in glass, hitting a bird, a tree branch falling on your vehicle and theft. The maximum payout you can receive from a comprehensive claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Collision coverage – Collision insurance will pay to fix damage to your V70 resulting from a collision 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 coverage protects against claims such as scraping a guard rail, colliding with another moving vehicle, damaging your car on a curb and rolling your car. Collision coverage makes up a good portion of your premium, so you might think about dropping it from older vehicles. It’s also possible to choose a higher deductible to bring the cost down.

Insurance for medical payments – Medical payments and Personal Injury Protection insurance pay for short-term medical expenses for things like surgery, funeral costs, prosthetic devices and X-ray expenses. They are often used to fill the gap from your health insurance policy or if there is no health insurance coverage. It covers you and your occupants as well as any family member struck as a pedestrian. Personal injury protection coverage is not universally available and may carry a deductible

Liability car insurance – Liability coverage provides protection from injuries or damage you cause to people or other property that is your fault. Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You commonly see values 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 $100,000 of coverage for damaged propery.

Liability can pay for claims like funeral expenses, loss of income and medical expenses. The amount of liability coverage you purchase is your choice, but buy as large an amount as possible.

Online plus local equals savings

In this article, we presented many ideas to save on 2008 Volvo V70 insurance. The key thing to remember is the more price quotes you have, the higher the chance of saving money. You may be surprised to find that the best rates are with a lesser-known regional company. Smaller companies can often provide lower car insurance rates in certain areas than their larger competitors like Geico and State Farm.

Some insurance coverage companies may not have rates over the internet and many times these small, regional companies provide coverage only through independent agencies. Budget-conscious 2008 Volvo V70 insurance is attainable online in addition to many insurance agents, so compare prices from both to get a complete price analysis.

Additional information can be found at the links below