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Volvo 850 Insurance Rates

There are many options when trying to insure your Volvo vehicle. You can buy direct from an insurance agent or go online to compare pricing from lots of different providers. Comparing auto insurance through online providers can be fast and easy and there is a good chance you may find lower rates.

If you've never shopped for auto insurance online, you can be overwhelmed by the hoards of companies selling insurance. Finding a lower price on Volvo 850 insurance is surprisingly easy. You just have to take a little time to compare quotes provided by online insurance companies. This can be done by visiting this page.

Insurance premiums on a Volvo 850 can vary widely depending on several factors. Some of these factors include:

  • Higher performance 850 vehicles cost more
  • Any accidents you may have
  • Home and auto can earn discounts
  • Pleasure use vs. commuting use
  • Young drivers cost more
  • Being married can lower rates
  • Extra coverages like towing and rental
  • Whether or not you have claims
  • Maintaining coverage lowers rates
  • Whether you own your home

One important consideration that can impact your rates is the age of the vehicle. A newer vehicle have a higher value compared to older Volvo models so the cost to replace them can inflate annual premiums. But more recent Volvo vehicles have more advanced features including a backup camera, autonomous braking, active head restraints, and all-wheel drive which can provide discounts that lower premiums.

To get more specific information about how much rates will be for your vehicle, select the year of your 850 below.

Liability auto insurance

This coverage will cover damage that occurs to people or other property. Liability coverage pays for things like legal defense fees, bail bonds, and repair bills for other people's vehicles. Coverage is generally pretty cheap so buy higher limits if possible.

Collision coverage

This coverage will pay to fix damage to your Volvo resulting from a collision with another car or object. You will need to pay your deductible then your collision coverage will kick in. Collision coverage for your Volvo 850 can be pricey, so you might think about dropping it from lower value vehicles. Another option is to increase the deductible to save money on collision insurance.

Comprehensive (Other than Collision)

This coverage will pay to fix damage OTHER than collision with another vehicle or object. A deductible will apply then your comprehensive coverage will pay. The maximum payout you'll receive from a claim is the ACV or actual cash value, so if the vehicle is not worth much it's not worth carrying full coverage.

Uninsured Motorist or Underinsured Motorist insurance

Your UM/UIM coverage gives you protection when the "other guys" are uninsured or don't have enough coverage. Because many people only purchase the least amount of liability that is required, it doesn't take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is a good idea.

Medical expense insurance

Personal Injury Protection (PIP) and medical payments coverage pay for short-term medical expenses like nursing services, prosthetic devices, and dental work. The coverages can be used in conjunction with a health insurance policy or if there is no health insurance coverage. Personal Injury Protection is only offered in select states but can be used in place of medical payments coverage.

How Much are Volvo 850 Insurance Rates?