Lower Your 2016 Volvo S60 Car Insurance Rates

Drivers have lots of choices when trying to find affordable Volvo S60 insurance. You can either spend your time contacting agents trying to get quotes or save time using the internet to make rate comparisons.

There are both good and bad ways to find auto insurance online and you need to know the quickest way to price shop coverage for a new or used Volvo and locate the lowest possible price either online or from local insurance agents.

It’s a great practice to price shop coverage periodically since insurance prices are constantly changing. Just because you found the best quotes on S60 insurance on your last policy a different company probably has better rates today. Ignore everything you know about auto insurance because we’re going to show you how to quote online to remove unneeded coverages and save money.

This information will introduce you to the best way to quote coverages and some money-saving tips. If you have car insurance now, you will most likely be able to lower your premiums substantially using this information. Consumers just need to learn the most efficient way to shop their coverage around over the internet.

Cut your auto insurance rates with discounts

Buying auto insurance is not cheap, but you might be missing out on some discounts that may help make it more affordable. Many discounts should be triggered at the time of quoting, but lesser-known reductions have to be manually applied before you get the savings.

  • Air Bags and Passive Restraints – Factory air bags can receive discounts of up to 25% or more.
  • Accident-Free Discounts – Drivers with accident-free driving histories get the best auto insurance rates compared to accident-prone drivers.
  • Accident Forgiveness Coverage – Not a discount per se, but certain companies will forgive one accident without the usual rate increase if you are claim-free prior to being involved in the accident.
  • Drive Less and Save – Driving less could earn slightly better prices than normal.
  • Discount for Life Insurance – Not all insurance carriers offer life insurance, but some may give you lower premium rates if you buy some life insurance in addition to your auto policy.
  • Distant College Student Discount – Kids living away from home attending college and do not have a car can be insured at a reduced rate.
  • Early Signing – Some larger companies give discounts for switching companies prior to your current policy expiration. You can save around 10% with this discount.
  • Defensive Driver – Passing a course that instructs on driving safety could earn you a small percentage discount if your company offers it.
  • More Vehicles More Savings – Having multiple cars on one policy qualifies for this discount.
  • Driver Education Discount – Teen drivers should take driver’s ed class as it can save substantially.

Discounts reduce rates, but you should keep in mind that most discounts do not apply to the entire cost. Most cut the price of certain insurance coverages like liability, collision or medical payments. If you do the math and it seems like you could get a free auto insurance policy, nobody gets a free ride. But all discounts should definitely cut your premiums.

Some of the insurance companies who may offer these money-saving discounts may include but are not limited to:

When getting a coverage quote, ask every prospective company how many discounts you can get. Some of the discounts discussed earlier may not be offered in every state. To choose auto insurance companies who offer cheap auto insurance quotes, click this link.

How you can control Volvo S60 insurance costs

An important part of buying insurance is that you know a few of the rating criteria that go into determining the level of your policy premiums. If you know what determines premiums, this allows you to make good choices that could result in much lower annual insurance costs. Lots of things are part of the calculation when you get your auto insurance bill. Some are pretty understandable such as your driving record, but other criteria are less obvious such as your credit history or how safe your car is.

  • How’s your driving record? – Having a single driving citation may cause rates to rise by as much as thirty percent. Attentive drivers pay less for auto insurance compared to drivers with tickets. Drivers who have gotten dangerous tickets like reckless driving or DUI may find they need to file a SR-22 with their state’s department of motor vehicles in order to keep their license.
  • Only buy what you need – There are many extra coverages that may not really be needed if you don’t pay attention. Coverages like vanishing deductibles, high-cost glass coverage, and additional equipment coverage may not be needed and are just wasting money. You may think they are a good idea initially, but if you don’t need them think about removing them and cutting costs.
  • Does car insurance cost less for females? – Over the last 30 years, statistics show that women are safer drivers than men. Now that doesn’t mean men are WORSE drivers than women. Females and males cause auto accidents in similar percentages, but the male of the species get into accidents with more damage. Men also tend to receive more costly citations such as driving while intoxicated (DWI) or driving recklessly. Male teenagers generally have the highest accident percentage so it costs more to insure them.
  • Discounts for GPS tracking and theft deterrents – Driving a car with anti-theft technology or alarm system can save you a little every year. Anti-theft features like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all help stop auto theft and help lower rates.

You are unique and your insurance should be too

When buying proper insurance coverage for your vehicles, there really is no “perfect” insurance plan. Your needs are not the same as everyone else’s.

These are some specific questions may help highlight whether or not you might need an agent’s assistance.

  • Do I need to file an SR-22 for a DUI in my state?
  • Does having multiple vehicles earn me a discount?
  • Is my cargo covered for damage or theft?
  • Why is insurance for a teen driver so high?
  • How high should my medical payments coverage be?
  • Are there companies who specialize in insuring high-risk drivers?

If you’re not sure about those questions but you know they apply to you, then you may want to think about talking to a licensed insurance agent. To find lower rates from a local agent, complete this form. It’s fast, free and may give you better protection.

Car insurance 101

Knowing the specifics of your policy helps when choosing the right coverages and the correct deductibles and limits. The terms used in a policy can be confusing and reading a policy is terribly boring.

Collision coverages – This coverage covers damage to your S60 resulting from a collision with an object or car. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims such as sustaining damage from a pot hole, colliding with a tree, crashing into a building, hitting a mailbox and damaging your car on a curb. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from older vehicles. You can also increase the deductible to bring the cost down.

Uninsured/Underinsured Motorist coverage – This protects you and your vehicle from other motorists when they are uninsured or don’t have enough coverage. This coverage pays for medical payments for you and your occupants and damage to your Volvo S60.

Since a lot of drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is a good idea. Normally these limits are set the same as your liablity limits.

Medical payments coverage and PIP – Personal Injury Protection (PIP) and medical payments coverage provide coverage for immediate expenses for things like pain medications, nursing services, doctor visits, ambulance fees and X-ray expenses. They are used to cover expenses not covered by your health insurance plan or if there is no health insurance coverage. Medical payments and PIP cover all vehicle occupants as well as getting struck while a pedestrian. Personal injury protection coverage is not universally available but can be used in place of medical payments coverage

Liability – Liability insurance will cover damage or injury you incur to people or other property that is your fault. It protects you against other people’s claims, and does not provide coverage for damage to your own property or vehicle.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see limits of 50/100/50 that means you have $50,000 in coverage for each person’s injuries, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000. Another option is one number which is a combined single limit which provides one coverage limit and claims can be made without the split limit restrictions.

Liability coverage pays for claims like attorney fees, legal defense fees and structural damage. How much liability coverage do you need? That is up to you, but it’s cheap coverage so purchase higher limits if possible.

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

Comprehensive coverage protects against things like theft, rock chips in glass, hail damage and fire damage. The highest amount you can receive from a comprehensive claim is the cash value of the vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

The best insurance company isn’t always the cheapest

There are still a few companies who do not provide online price quotes and many times these regional carriers sell through independent insurance agencies. Budget-conscious 2016 Volvo S60 insurance can be found on the web as well as from independent agents, so compare prices from both to get a complete price analysis.

Drivers who switch companies do it for any number of reasons including delays in paying claims, extreme rates for teen drivers, being labeled a high risk driver and policy non-renewal. Regardless of your reason, choosing a new company can be pretty painless.

When searching for cheaper insurance coverage quotes, it’s very important that you do not sacrifice coverage to reduce premiums. Too many times, an insured cut physical damage coverage only to find out that they should have had better coverage. The aim is to get the best coverage possible for the lowest cost but still have enough coverage for asset protection.

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