2012 Volvo XC70 Car Insurance Rates – 7 Tips for Best Quotes

Shoppers have a choice when shopping for affordable Volvo XC70 insurance. You can either spend your time driving around to compare prices or use the internet to find the lowest rates. There is a better way to shop for insurance and we’ll show you the absolute fastest way to get price quotes for your Volvo and find the lowest possible price from local insurance agents and online providers.

It is always a good idea to compare rates yearly because insurance prices fluctuate regularly. Even if you got the lowest quotes on XC70 insurance last year you may be paying too much now. There is too much inaccurate information about insurance online but in a few minutes you can learn some great ideas on how to put money back in your pocket.

How to buy car insurance online

There are a lot of ways to compare car insurance prices and some are less labor-intensive and much quicker. You could waste a few hours talking to insurance agencies in your area, or you can utilize the web to get the quickest rates.

Many popular insurance companies are enrolled in a marketplace that allows shoppers to send in one quote, and every company returns a rated price based on that information. This prevents consumers from doing quotation requests for every car insurance company.

To access this free quoting program, click to open in new window.

One minor caviat to doing it this way is you are unable to specify which carriers you want to price. So if you want to choose individual companies to compare rates, we have a listing of low cost car insurance companies in your area. Click here for list of insurance companies.

The approach you take is up to you, just make darn sure you compare identical quote information with each company. If you are comparing different values for each quote you will not be able to find the best deal for your Volvo XC70.

Save $447 a year! What?

Drivers can’t get away from all the ads for cheaper insurance coverage from the likes of Progressive, Allstate and Geico. All the companies seem to make the promise that you can save just by switching to their company.

How does every insurance coverage company charge less that you’re paying now? You have to listen carefully.

Different companies have specific criteria for the type of driver that will be a good risk. For example, a profitable customer may need to be between the ages of 30 and 50, has a clear driving record, and does not commute to work. A customer that fits those parameters will most likely get cheap premium rates and most likely will cut their rates if they switch.

Consumers who fall short of those criteria will have to pay a higher premium and the prospect going elsewhere. The ads state “customers that switch” but not “all drivers who get quotes” save that much when switching. That is how companies can make claims that they all have the best prices. Different companies use different criteria so you absolutely need to do a rate comparison at every renewal. Because you cannot predict with any certainty which company will have the lowest rate quotes.

These seven discounts can lower your insurance quotes

Some providers do not list the entire discount list in an easy-to-find place, so the following is a list of a few of the more common and the more hidden discounts that may be available. If you aren’t receiving every discount possible, you could be paying more than you need to.

  • Active Military Service – Having a deployed family member could mean lower insurance rates.
  • Membership in Organizations – Joining qualifying clubs or civic groups is a simple method to lower premiums on your policy.
  • No Claims – Insureds who avoid accidents and claims pay much less when compared to policyholders that have many claims.
  • Bundled Policy Discount – When you combine your auto and home insurance with the same insurance company you could get a discount of up to 20% and get you cheap insurance.
  • Early Signing – Some insurance companies give discounts for switching to them before your current policy expires. It’s a savings of about 10%.
  • Responsible Drivers – Drivers who don’t get into accidents can get discounts for up to 45% lower rates on XC70 insurance as compared to drivers with claims.
  • Driver Training Discounts – Passing a course teaching defensive driver skills is a good idea and can lower rates and also improve your driving technique.

While discounts sound great, it’s important to understand that many deductions do not apply to the overall cost of the policy. Some only reduce specific coverage prices like collision or personal injury protection. So despite the fact that it appears all those discounts means the company will pay you, insurance companies aren’t that generous. Any qualifying discounts should help reduce your policy premiums.

Popular insurance companies and some of their more popular discounts are included below.

  • State Farm offers discounts including anti-theft, student away at school, defensive driving training, safe vehicle, and multiple policy.
  • Progressive may have discounts that include multi-policy, continuous coverage, good student, online quote discount, and online signing.
  • Travelers may offer discounts for student away at school, multi-policy, continuous insurance, new car, hybrid/electric vehicle, and home ownership.
  • American Family has savings for early bird, bundled insurance, multi-vehicle, mySafetyValet, air bags, Steer into Savings, and accident-free.
  • Liberty Mutual discounts include exclusive group savings, multi-policy, new graduate, newly married, and good student.

If you are trying to find the cheapest insurance quotes, ask all the companies which discounts you may be entitled to. Some of the discounts discussed earlier might not be available to policyholders in your area.

Different people need different insurance coverage coverages

When choosing the right insurance coverage for your personal vehicles, there is no “best” method to buy coverage. Everyone’s needs are different.

For example, these questions might help in determining if your insurance needs will benefit from professional help.

  • Is business equipment covered while in my vehicle?
  • Am I covered by my spouse’s policy after a separation?
  • Do I have any recourse if my insurance company denies a claim?
  • Does my car insurance cover rental cars?
  • Does coverage extend to a rental car in a foreign country?
  • When should I buy a commercial auto policy?

If you’re not sure about those questions then you might want to talk to a licensed agent. If you want to speak to an agent in your area, complete this form. It only takes a few minutes and can provide invaluable advice.

Information about specific coverages

Learning about specific coverages of your insurance policy can be of help when determining the right coverages and the correct deductibles and limits. The terms used in a policy can be difficult to understand and nobody wants to actually read their policy.

Uninsured and underinsured coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle when other motorists either have no liability insurance or not enough. Covered losses include injuries to you and your family as well as damage to your Volvo XC70.

Due to the fact that many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. So UM/UIM coverage is a good idea.

Coverage for medical payments

Med pay and PIP coverage pay for immediate expenses like hospital visits, chiropractic care, nursing services, rehabilitation expenses and funeral costs. They are often utilized in addition to your health insurance plan or if you do not have health coverage. They cover both the driver and occupants in addition to being hit by a car walking across the street. Personal Injury Protection is not an option in every state and may carry a deductible

Collision coverage

Collision insurance pays to fix your vehicle from damage resulting from a collision with an object or car. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against things such as scraping a guard rail, crashing into a building, backing into a parked car, rolling your car and crashing into a ditch. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Another option is to choose a higher deductible to save money on collision insurance.

Liability coverage

This coverage can cover damage that occurs to other people or property by causing an accident. It protects you from claims by other people, and does not provide coverage for damage sustained by your vehicle in an accident.

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

Liability coverage protects against things such as repair bills for other people’s vehicles, pain and suffering, medical services, medical expenses and structural damage. How much liability should you purchase? That is a decision to put some thought into, but consider buying as high a limit as you can afford.

Comprehensive coverages

This coverage pays for damage caused by mother nature, theft, vandalism and other events. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for claims like hail damage, damage from getting keyed and damage from flooding. The maximum payout you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.

Final thoughts

As you quote insurance, it’s very important that you do not skimp on coverage in order to save money. In many cases, someone dropped physical damage coverage to discover at claim time that the savings was not a smart move. The proper strategy is to get the best coverage possible at the best price.

We’ve covered many ideas to shop for 2012 Volvo XC70 insurance online. The key thing to remember is the more rate comparisons you have, the better chance you’ll have of finding cheap insurance. You may even discover the lowest premium rates are with the least-expected company.

Insureds switch companies for any number of reasons including high prices, being labeled a high risk driver, policy cancellation and unfair underwriting practices. Regardless of your reason, finding a great new company is pretty easy and you might even save some money in the process.

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