How Much Does 2012 Volvo S60 Insurance Cost?

Want the cheapest auto insurance rates for your Volvo S60? Tired of scraping the payment together to keep your car insured? You’re in the same situation as many other vehicle owners.

Insurance companies such as Geico, Farmers Insurance and State Farm constantly bombard you with advertising and consumers find it hard to ignore the promise of big savings and take the time to shop coverage around.

It’s important to take a look at other company’s rates every six months because auto insurance prices tend to go up over time. Despite the fact that you may have had the best deal for S60 insurance on your last policy other companies may now be cheaper. Forget all the misinformation about auto insurance because you’re about to find out the quickest way to save money, get proper deductibles and limits, all at the lowest rate.

How to get free insurance coverage quotes online

There are several ways to shop for insurance coverage, but one way is less time-consuming than others. You can waste a lot of time talking to insurance companies in your area, or you can stay home and use online quoting to accomplish the same thing much quicker.

Most of the larger companies enroll in a system where insurance shoppers only type in their quote data once, and each company can give them a price determined by their information. This system prevents you from having to do quotation requests for each company you want a rate for. To find out what other companies charge click here to start a free quote.

The only downside to pricing coverage this way is you don’t know exactly which insurance companies to get pricing from. So if you want to choose individual companies to compare rates, we have a page of insurance coverage companies in your area. Click to view list.

Take whichever approach you prefer, but be sure to compare the exact same quote data for each comparison quote. If you enter different liability limits you will not be able to determine the best price for your Volvo S60. Just slight variations in insurance coverages or limits can mean a large discrepancy in price. And when comparison shopping, getting more free quotes helps improve the odds of finding more affordable rates.

Discounts to earn affordable insurance rates

Properly insuring your vehicles can get expensive, but you may qualify for discounts to cut the cost considerably. Many of these discounts will be applied automatically when you complete an application, but some discounts are required to be asked about before you will receive the discount. If you do not check that you are getting every discount you qualify for, you are paying more than you should be.

Student Discounts – Maintaining excellent grades may save you up to 25%. Many companies even apply the discount to college students until age 25.
Air Bag Discount – Vehicles equipped with air bags or motorized seat belts can get savings as much as 30%.
Seat Belts Save – Using a seat belt and requiring all passengers to use their safety belts can save 10% or more on the premium charged for medical payments and/or PIP.
Paperless Signup – A handful of companies will give a small break for buying your policy on their website.
Government Employees – Active or retired federal employment can save as much as 8% for S60 insurance depending on your insurance provider.
55 and Retired – Older drivers can possibly qualify for better insurance rates for S60 insurance.
First Accident Forgiveness – Not necessarily a discount, but a few companies such as Allstate, Progressive, and Geico will allow you to have one accident before your rates go up if you are claim-free for a specific time period.
Claim Free – Claim-free drivers can earn big discounts as opposed to policyholders that have many claims.
Own a Home and Save – Owning a house can get you a discount due to the fact that maintaining a home is proof that your finances are in order.

Just know that many deductions do not apply to the entire cost. Most cut the price of certain insurance coverages like comprehensive or collision. Despite the appearance that you would end up receiving a 100% discount, companies wouldn’t make money that way.

Companies and some of the premium reductions they offer are included below.

State Farm discounts include Drive Safe & Save, passive restraint, good driver, Steer Clear safe driver discount, good student, and defensive driving training.
Farmers Insurance offers premium reductions for youthful driver, switch companies, teen driver, electronic funds transfer, mature driver, and early shopping.
Progressive offers discounts for online signing, online quote discount, continuous coverage, homeowner, good student, and multi-policy.
Geico has savings for defensive driver, good student, emergency military deployment, seat belt use, military active duty, multi-policy, and multi-vehicle.
Auto-Owners Insurance offers discounts including multi-policy, safe driver, student away at school, multiple vehicles, group or association, teen driver, and company car.
The Hartford may have discounts that include bundle, anti-theft, air bag, driver training, defensive driver, and vehicle fuel type.
Farm Bureau has discounts for 55 and retired, multi-vehicle, driver training, renewal discount, multi-policy, safe driver, and good student.
USAA may offer discounts for safe driver, new vehicle, annual mileage, defensive driver, and family discount.

When getting a coverage quote, ask each company to apply every possible discount. Some of the discounts discussed earlier might not be offered on policies in your area. To see a list of insurers that offer many of these discounts, click here to view.

Tailor your auto insurance coverage to you

When it comes to buying the best auto insurance coverage for your vehicles, there is no one size fits all plan. Every insured’s situation is different so your insurance needs to address that. These are some specific questions may help you determine whether you could use an agent’s help.

Is my babysitter covered when using my vehicle?
Why do I only qualify for high-risk insurance?
Do I need PIP coverage since I have good health insurance?
Can I drive in Mexico and have coverage?
Should I buy additional glass protection?
Is a blown tire covered by insurance?
Am I missing any policy discounts?
What are the financial responsibility laws in my state?

If it’s difficult to answer those questions but you know they apply to you, you may need to chat with a licensed insurance agent. To find an agent in your area, take a second and complete this form or you can go here for a list of companies in your area.

Insurance coverage basics

Learning about specific coverages of your insurance policy aids in choosing appropriate coverage at the best deductibles and correct limits. Policy terminology can be impossible to understand and even agents have difficulty translating policy wording. Below you’ll find typical coverage types found on the average insurance policy.

Comprehensive (Other than Collision)

Comprehensive insurance will pay to fix damage from a wide range of events other than collision. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims like damage from a tornado or hurricane, hitting a bird, fire damage, damage from flooding and a tree branch falling on your vehicle. The maximum payout you’ll receive from a claim is the cash value of the vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Medical expense insurance

Med pay and PIP coverage provide coverage for expenses such as pain medications, surgery and nursing services. The coverages can be used to fill the gap from your health insurance policy or if there is no health insurance coverage. They cover not only the driver but also the vehicle occupants and will also cover getting struck while a pedestrian. PIP is not an option in every state but can be used in place of medical payments coverage

Coverage for liability

This will cover injuries or damage you cause to other’s property or people. It protects you from legal claims by others. It does not cover your injuries or vehicle damage.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have limits of 25/50/25 which stand for $25,000 bodily injury coverage, $50,000 for the entire accident, and $25,000 of coverage for damaged propery.

Liability insurance covers claims like pain and suffering, medical services, medical expenses and court costs. How much coverage you buy is your choice, but you should buy higher limits if possible.

Protection from uninsured/underinsured drivers

This coverage gives you protection from other motorists when they either are underinsured or have no liability coverage at all. It can pay for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Since a lot of drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage should not be overlooked.

Collision coverage

This will pay to fix damage to your S60 resulting from colliding with an object or car. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for claims such as rolling your car, colliding with another moving vehicle and damaging your car on a curb. Collision is rather expensive coverage, so you might think about dropping it from lower value vehicles. Another option is to increase the deductible to bring the cost down.