How Much Does 2015 Volvo XC70 Insurance Cost?

No one anticipates paying for insurance coverage, especially knowing the prices are way too high. Due to the large number of options when it comes to insurance coverage, it can be hard to choose the most affordable insurer.

Drivers save money with these discounts

Insurance is easily one of your largest bills, but you might be missing out on some discounts that many people don’t even know exist. Certain discounts will be triggered automatically when you get a quote, but once in a while a discount must be specifically requested in order for you to get them. If you do not check that you are getting every discount you qualify for, you’re paying more than you need to.

  • Homeowners Discount – Being a homeowner can get you a discount because it shows financial diligence.
  • Discounts for New Vehicles – Insuring a vehicle that is new can save you some money since newer models are generally safer.
  • Early Payment Discounts – If you pay your bill all at once rather than paying in monthly installments you can avoid the installment charge.
  • Waiver for an Accident – Not really a discount, but certain companies will let one accident slide without raising rates if you have no claims prior to the accident.
  • Federal Employees – Employees or retirees of the government could qualify for a slight premium decrease for XC70 insurance with some insurance companies.
  • Professional Memberships – Belonging to specific professional or occupational memberships or organizations is a simple method to lower premiums on your bill.
  • Defensive Driver – Taking time to complete a safe driver course is a good idea and can lower rates depending on where you live.
  • Passive Restraint Discount – Vehicles equipped with air bags could see savings of up to 25% or more.
  • Active Service Discounts – Having a deployed family member could mean lower rates.

A little disclaimer on discounts, most discounts do not apply to your bottom line cost. Most only cut individual premiums such as physical damage coverage or medical payments. So when it seems like adding up those discounts means a free policy, companies wouldn’t make money that way.

To see insurance companies that offer the discounts shown above, click here to view.

How much is insurance?

Most companies such as State Farm, Allstate and Geico make it easy to get insurance quotes on their websites. Getting online rates is quite simple as you just enter the coverage amounts you desire on the page. After you submit the form the company’s rating system requests reports for credit and driving violations and returns pricing information based on many factors. Online price estimates makes it easy to compare insurance prices but the time it takes to visit multiple sites and enter the same data into a form is monotonous and tiresome. Unfortunately, it is important to get many rate quotes in order to find a better rate.

A better way to find lower prices utilizes a single form that gets price quotes from many companies. It saves time, requires less work, and makes online price comparison a lot less work. Immediately after submitting the form, it is quoted and you are able to buy any or none of the quotes that you receive.

If you find a better price you simply finish the application and buy the policy. The entire process can be completed in a matter of minutes and you will know how your current rates stack up.

To find out how much you’re overpaying now, simply click here to open in new window and submit your coverage information. If you have your current policy handy, we recommend you replicate the coverages identical to your current policy. This way, you will be getting rate quotes using the exact same coverages.

Volvo XC70 insurance premiums can be more affordable

Multiple criteria are part of the equation when you get a price on insurance. Some of the criteria are obvious such as traffic violations, but others are more transparent such as your credit history or your vehicle rating.One of the most helpful ways to save on car insurance is to to have a grasp of the rating factors that help determine car insurance rates. If you have some idea of what positively or negatively impacts your premiums, this enables you to make decisions that can earn you lower car insurance prices.

  • How much liability do you need? – Liability coverage is the protection in the event that a jury decides you are liable for damages from an accident. Your policy’s liability insurance provides legal defense which can be incredibly expensive. This coverage is very inexpensive when compared to the cost of physical damage coverage, so drivers should carry high limits.
  • When should you not file a car insurance claims? – Companies provide most affordable rates to drivers who file claims infrequently. If you frequently file small claims, you can expect much higher rates or policy non-renewal. Your car insurance is meant to be used in the event of the bigger claims that can’t be paid out-of-pocket.
  • Alarms and GPS tracking lower premiums – Purchasing a vehicle that has an advanced theft prevention system can get you a discount on your car insurance. Anti-theft features such as OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems help track and prevent vehicle theft.
  • Eliminate extra policy coverages – There are a ton of extra add-on coverages that sound like a good idea at the time if you aren’t careful. Coverage for things like personal injury protection, better glass coverage, and motor club memberships may not be needed and are just wasting money. The coverages may be enticing when talking to your agent, but now you might not need them so remove them from your policy.

Special considerations

When it comes to buying proper insurance coverage for your vehicles, there is no single plan that fits everyone. Everyone’s needs are different so your insurance needs to address that. These are some specific questions might point out whether you will benefit from professional help.

  • Why is insurance for a teen driver so high?
  • How do I file an SR-22 for a DUI in my state?
  • How much can I save by bundling my policies?
  • Should I sign the liability waiver when renting a car?
  • Am I missing any policy discounts?
  • Do I have coverage when making deliveries for my home business?
  • Do I need replacement cost coverage on my 2015 Volvo XC70?
  • Is my vehicle covered by my employer’s policy when using it for work?

If it’s difficult to answer those questions, you may need to chat with an insurance agent. If you want to speak to an agent in your area, fill out this quick form or go to this page to view a list of companies. It is quick, free and can provide invaluable advice.

Learn about auto insurance coverages for a Volvo XC70

Learning about specific coverages of auto insurance can be of help when determining the best coverages at the best deductibles and correct limits. Policy terminology can be confusing and even agents have difficulty translating policy wording. Below you’ll find typical coverage types available from auto insurance companies.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage kick in for immediate expenses for funeral costs, surgery, chiropractic care, nursing services and X-ray expenses. The coverages can be used in conjunction with a health insurance program or if you are not covered by health insurance. They cover you and your occupants as well as being hit by a car walking across the street. PIP is only offered in select states and may carry a deductible

Comprehensive insurance

This coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive coverage protects against claims such as a tree branch falling on your vehicle, hitting a bird, damage from flooding and rock chips in glass. The maximum amount you’ll receive from a claim is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Uninsured/Underinsured Motorist (UM/UIM)

This protects you and your vehicle when other motorists either are underinsured or have no liability coverage at all. Covered losses include hospital bills for your injuries as well as your vehicle’s damage.

Because many people have only the minimum liability required by law, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is important protection for you and your family. Normally these limits are similar to your liability insurance amounts.

Coverage for collisions

Collision insurance will pay to fix damage to your XC70 caused by collision with a stationary object or other vehicle. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims such as backing into a parked car, rolling your car, damaging your car on a curb, sideswiping another vehicle and scraping a guard rail. This coverage can be expensive, so consider dropping it from older vehicles. Drivers also have the option to bump up the deductible in order to get cheaper collision rates.

Liability auto insurance

This coverage protects you from damage that occurs to other’s property or people in an accident. It protects YOU against other people’s claims, and does not provide coverage for your injuries or vehicle damage.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see liability limits of 100/300/100 that translate to a $100,000 limit per person for injuries, a per accident bodily injury limit of $300,000, and property damage coverage for $100,000. Some companies may use a combined single limit or CSL which provides one coverage limit with no separate limits for injury or property damage.

Liability can pay for claims such as attorney fees, emergency aid, medical services, medical expenses and funeral expenses. The amount of liability coverage you purchase is your choice, but it’s cheap coverage so purchase as much as you can afford.

In conclusion

As you quote auto insurance, make sure you don’t buy less coverage just to save a little money. In many cases, an insured dropped liability limits or collision coverage and learned later that they should have had better coverage. The aim is to buy a smart amount of coverage at an affordable rate and still be able to protect your assets.

You just read a lot of information how to shop for 2015 Volvo XC70 insurance online. The key thing to remember is the more quotes you get, the better your comparison will be. Drivers may discover the lowest prices are with a lesser-known regional company. They may only write in your state and offer lower rates compared to the large companies like Geico and State Farm.

For more information, take a look at the resources below: