View 2018 Volvo XC60 Car Insurance Rates

Having to pay for high-priced insurance can sap your savings and make it hard to pay other bills. Comparing rate quotes can be a smart way to cut your insurance bill.

Companies like Geico, 21st Century and Progressive persitently shower you with catchy ads and consumers find it hard to ignore the promise of big savings and take the time to shop coverage around.

More affordable rates with these discounts

Some insurers don’t always advertise every available discount very clearly, so the list below details both well-publicized and the more hidden ways to save on insurance. If you aren’t receiving every discount you deserve, you are paying more than you should be.

  • No Accidents – Claim-free drivers pay much less in comparison to accident-prone drivers.
  • Life Insurance – Companies who offer life insurance give better premium rates if you take out a life insurance policy as well.
  • Safety Course Discount – Taking part in a safe driver course could cut 5% off your bill and easily pay for the cost of the class.
  • New Car Discount – Buying a new car model can cost up to 25% less since newer vehicles are generally safer.
  • Senior Discount – Seniors are able to get better insurance rates on XC60 coverage.
  • Good Student Discount – Getting good grades may save as much as 25% on a auto insurance quote. The discount lasts up to age 25.
  • Driver Education Discount – It’s a good idea to have your young drivers take driver’s ed class in school or through a local driver safety program.
  • Anti-lock Brake Discount – Vehicles with ABS braking systems or traction control are safer to drive and earn discounts up to 10%.
  • Military Deployment Discount – Being on active duty in the military may qualify for rate reductions.

Drivers should understand that many deductions do not apply to the entire policy premium. A few only apply to the cost of specific coverages such as liability, collision or medical payments. So even though you would think having all the discounts means you get insurance for free, companies don’t profit that way.

A few of the larger companies and some of the premium reductions they offer are:

  • 21st Century may include discounts for driver training, anti-lock brakes, early bird, homeowners, 55 and older, and automatic seat belts.
  • State Farm has savings for anti-theft, accident-free, Steer Clear safe driver discount, safe vehicle, student away at school, multiple autos, and driver’s education.
  • AAA may have discounts that include pay-in-full, AAA membership discount, multi-car, good student, good driver, and education and occupation.
  • Liberty Mutual discounts include multi-policy, new move discount, good student, newly retired, safety features, and teen driver discount.
  • Progressive policyholders can earn discounts including multi-policy, online signing, multi-vehicle, online quote discount, and good student.

Before buying, ask each company which discounts can lower your rates. Depending on the company, some discounts might not be available to policyholders in your state. To see insurance companies with discount insurance rates, click here to view.

Components of your Volvo XC60 insurance prices

When buying insurance coverage it’s important to understand some of the factors that help determine insurance coverage rates. If you have a feel for what determines premiums, this allows you to make good choices that may reward you with cheaper rates.

  • With age comes responsibility – Older drivers are proven to be safer behind the wheel, statistically cause fewer accidents .Drivers with little experience are proven to be easily distracted when behind the wheel so they pay higher insurance coverage rates.
  • Do safer cars cost less to insure? – Cars with high safety ratings can get you lower premiums. Vehicles engineered for safety reduce injuries and better occupant protection means less claims paid and lower rates for you. If your Volvo XC60 has at least four stars on Safercar.gov it may be receiving lower rates.
  • Bad credit will cost you – A driver’s credit history factor in determining your rates. If your credit rating is lower than you’d like, you may save money insuring your 2018 Volvo XC60 by repairing your credit. Drivers with high credit ratings tend to be more responsible and file fewer claims as compared to drivers with lower ratings.
  • Rural areas have lower rates – Being located in a rural area is a good thing if you are looking for the lowest rates. Residents of big cities regularly have traffic congestion and longer commute times. Less people living in that area means reduced accidents and a lower car theft rate.

Insurance coverage can be complex

When buying the best insurance coverage coverage for your vehicles, there really is no “best” method to buy coverage. Everyone’s needs are different so your insurance needs to address that. These are some specific questions might point out whether or not you would benefit from professional advice.

  • Is business equipment covered while in my vehicle?
  • Does liability extend to a camper or trailer?
  • Is my trailer covered?
  • Are rental cars covered under my policy?
  • What is UM/UIM insurance?
  • Does car insurance cover theft of personal property?
  • Do I need PIP coverage since I have good health insurance?

If it’s difficult to answer those questions but one or more may apply to you, you may need to chat with a licensed agent. If you want to speak to an agent in your area, simply complete this short form or you can also visit this page to select a carrier It is quick, free and can help protect your family.

Insurance ads bend the truth

Consumers can’t get away from all the ads that promise big savings for switching by companies like State Farm, Allstate and Geico. All the companies advertise claims of big savings if you switch your coverage.

How does every insurance company say the same thing? It’s all in the wording.

Insurance providers have a certain “appetite” for the type of customer that will add to their bottom line. For example, a desirable insured could be over the age of 45, owns a home, and drives a car with an anti-theft system. Anyone who matches those parameters is entitled to the best price and will probably save a lot if they switch.

People who don’t qualify for these standards may be forced to pay higher premiums and this can result in the customer not purchasing. The ad wording is “customers who switch” not “all people who quote” save the amount stated. This is how insurance companies can claim big savings. Different companies use different criteria so you really need to compare as many free auto insurance quotes as you can. It is impossible to predict which insurance companies will have the lowest rate quotes.

Insurance policy coverages for a 2018 Volvo XC60

Learning about specific coverages of insurance can be of help when determining which coverages you need for your vehicles. Policy terminology can be confusing and coverage can change by endorsement. These are typical coverage types available from insurance companies.

Coverage for medical payments

Personal Injury Protection (PIP) and medical payments coverage reimburse you for bills for prosthetic devices, nursing services, pain medications and hospital visits. They are often used to cover expenses not covered by your health insurance policy or if you do not have health coverage. Medical payments and PIP cover both the driver and occupants and will also cover getting struck while a pedestrian. PIP coverage is only offered in select states and gives slightly broader coverage than med pay

Liability

This coverage provides protection from damage that occurs to people or other property by causing an accident. This insurance protects YOU from legal claims by others, 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. As an example, you may have values of 50/100/50 that translate to $50,000 bodily injury coverage, a per accident bodily injury limit of $100,000, and a total limit of $50,000 for damage to vehicles and property.

Liability insurance covers things such as court costs, attorney fees, structural damage, pain and suffering and medical expenses. The amount of liability coverage you purchase is a decision to put some thought into, but buy as much as you can afford.

Comprehensive coverages

Comprehensive insurance pays for damage that is not covered by collision coverage. A deductible will apply then your comprehensive coverage will pay.

Comprehensive insurance covers claims like a broken windshield, damage from a tornado or hurricane, damage from getting keyed and damage from flooding. The most you’ll receive from a claim is the ACV or actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Collision coverage

This coverage pays for damage to your XC60 caused by collision with an object or car. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for things such as driving through your garage door, colliding with a tree, scraping a guard rail, rolling your car and hitting a parking meter. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from lower value vehicles. You can also choose a higher deductible to save money on collision insurance.

Uninsured and underinsured coverage

This coverage provides protection from other drivers when they are uninsured or don’t have enough coverage. This coverage pays for injuries sustained by your vehicle’s occupants and damage to your 2018 Volvo XC60.

Since a lot of drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is a good idea.

Buy Smart and Save

Low-cost 2018 Volvo XC60 insurance can be sourced online and also from your neighborhood agents, so you need to quote auto insurance with both in order to have the best chance of saving money. Some insurance companies do not provide internet price quotes and many times these small insurance companies work with independent insurance agencies.

We’ve covered quite a bit of information on how to reduce 2018 Volvo XC60 insurance prices online. The key thing to remember is the more rate quotes you have, the better likelihood of getting low cost auto insurance. Drivers may discover the lowest prices are with a company that doesn’t do a lot of advertising. Smaller companies can often insure niche markets at a lower cost than the large multi-state companies such as Allstate or State Farm.

Much more information about insurance coverage is located on the following sites: