9 Tips Guaranteed to Save Money on Volvo XC70 Car Insurance Premiums

Buyers have lots of choices when searching for the best price on Volvo XC70 insurance. You can either spend your time struggling with agents trying to get quotes or save time using the internet to find the lowest rates. There is a better way to find car insurance online so we’re going to tell you the best way to compare rates for your Volvo and locate the lowest possible price from local insurance agents and online providers.

It’s important to do rate comparisons occasionally since insurance rates are adjusted regularly by insurance companies. Even if you think you had the best price for XC70 insurance a few years ago you can probably find a lower rate today. Starting right now, ignore everything you know about car insurance because it’s time to teach you the proper way to lower your annual insurance bill.

Finding affordable coverage is quite easy. If you have car insurance now, you will most likely be able to cut costs considerably using this information. Nevertheless, drivers must comprehend how companies determine prices and apply this information to your search.

These nine discounts can lower your rates

Car insurance companies don’t always list all their discounts very clearly, so we took the time to find both the well known and also the lesser-known ways to save on car insurance.

• Early Switch Discount – A few companies offer discounts for signing up prior to your current policy expiration. It’s a savings of about 10%.
• Discount for Good Grades – This discount can get you a discount of up to 25%. The discount lasts up to age 25.
• Distant Student – Kids in college who live away from home without a vehicle on campus can receive lower rates.
• Drive Safe and Save – Drivers who don’t get into accidents can get discounts for up to 45% lower rates for XC70 insurance than less cautious drivers.
• Paperwork-free – Some insurance companies will give a small break simply for signing online.
• Low Mileage – Keeping the miles down on your Volvo could qualify for lower rates on the low mileage vehicles.
• Military Discounts – Having a deployed family member may qualify for rate reductions.
• Seat Belt Usage – Drivers who require all occupants to wear their seat belts could save 15% off your PIP or medical payments premium.
• Safety Course Discount – Taking a course in driver safety could save 5% or more if your company offers it.

It’s important to understand that most discount credits are not given to all coverage premiums. Most only cut specific coverage prices like physical damage coverage or medical payments. Just because it seems like adding up those discounts means a free policy, it doesn’t quite work that way.

How do I know if I need professional advice?

When buying coverage for your personal vehicles, there isn’t really a “best” method to buy coverage. Everyone’s needs are different.

For example, these questions may help you determine if your insurance needs could use an agent’s help.

• What companies insure drivers after a DUI or DWI?
• Am I covered when driving a rental car?
• Am I covered by my employer’s commercial auto policy when driving my personal car for business?
• Does my Volvo XC70 qualify for pleasure use?
• What can I do if my company won’t pay a claim?
• Do I have coverage when making deliveries for my home business?
• Can I drive in Mexico and have coverage?
• Is my teen driver covered when they drive my company car?
• Does my insurance cover damage caused when ticketed for reckless driving?
• Is my nanny covered when driving my vehicle?

If you don’t know the answers to these questions but one or more may apply to you, you may need to chat with an insurance agent. To find lower rates from a local agent, fill out this quick form.

What if I want to buy from a local agent?

Certain consumers just want to sit down with an agent. One of the great benefits of comparing insurance prices online is you can get better rates but still work with a licensed agent.

To help locate an agent, after submitting this short form, your insurance data is sent to agents in your area who will return price quotes for your insurance coverage. You never need to leave your house due to the fact that quote results will go to your email. How’s that for easy! You’ll get the best rates AND an agent nearby.

Choosing an insurer needs to be determined by more than just a cheap price. Ask your prospective agent these questions:

• If you are a high risk driver, do they have special markets for your coverage?
• Are glass claims handled on-site or do you have to take your vehicle to a repair shop?
• Are they properly licensed to sell insurance in your state?
• Are claims handled at the agent’s location?
• Who is covered by the car insurance policy?
• Does the company allow you to choose your own collision repair facility?
• Is the agency involved in supporting local community causes?
• Is assistance available after office hours?

Choose an insurance agent wisely

When looking for an insurance agent, there are two different types of agents that differ in how they can insure your vehicles. agents can either be captive or independent.

Captive Insurance Agents

Captive agencies can only place business with one company such as AAA, Allstate and State Farm. Captives cannot provide prices from multiple companies so it’s a take it or leave it situation. These agents are usually quite knowledgeable on their company’s products which helps them sell insurance even at higher premiums. Some consumers prefer to buy from captive agents primarily because of the prominence of the brand and the convenience of having all coverages with one company.

Independent Insurance Agents

Independent agencies are not locked into one company so they can insure your vehicles with many different companies depending on which coverage is best. If your agent finds better pricing, an independent agent can move your coverage and you don’t have to find a new agent. When shopping rates, it’s recommended you include at least one independent agent to get the best comparison.Most can insure with lesser-known insurance companies who may have lower rates.

To view a full list of insurance agencies, click here.

Once you have received good answers to your questions and a low price estimate, you may have just found an insurance agency that meets your needs to adequately provide car insurance.

Do you really save 40% when you switch?

Car insurance companies such as Allstate, GEICO and Progressive continually stream ads on TV and radio. They all seem to make the same claim of big savings after switching to them. But how can every company make the same claim? This is how they do it.

All the different companies have a preferred profile for the type of driver that earns them a profit. A good example of a driver they prefer might be between 25 and 40, is a homeowner, and drives less than 10,000 miles a year. A customer who meets those qualifications gets the lowest rates and most likely will save a lot of money.

Consumers who are not a match for this ideal profile must pay a higher premium and this can result in business not being written. Company advertisements say “customers who switch” not “everyone that quotes” save money. That is how companies can advertise the savings. This illustrates why it is so important to quote coverage with many companies. Because you never know which company will have the lowest rates.

Specific coverages for a Volvo XC70

Learning about specific coverages of your policy aids in choosing the right coverages for your vehicles. Car insurance terms can be difficult to understand and even agents have difficulty translating policy wording.

Coverage for liability – Liability coverage protects you from damage that occurs to a person or their property. It protects YOU against other people’s claims, and does not provide coverage for damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see policy limits of 25/50/25 which stand for a $25,000 limit per person for injuries, $50,000 for the entire accident, and a limit of $25,000 paid for damaged property.

Liability coverage pays for things like loss of income, medical services and bail bonds. How much liability coverage do you need? That is up to you, but consider buying higher limits if possible.

Comprehensive auto coverage – This covers damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for things such as rock chips in glass, a tree branch falling on your vehicle, vandalism, hitting a deer and damage from a tornado or hurricane. The most you can receive from a comprehensive claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Medical payments and PIP coverage – Coverage for medical payments and/or PIP reimburse you for bills such as funeral costs, chiropractic care, rehabilitation expenses and doctor visits. They can be used to cover expenses not covered by your health insurance program or if you do not have health coverage. It covers both the driver and occupants as well as getting struck while a pedestrian. Personal injury protection coverage is only offered in select states and may carry a deductible

UM/UIM (Uninsured/Underinsured Motorist) coverage – Your UM/UIM coverage protects you and your vehicle from other drivers when they do not carry enough liability coverage. This coverage pays for injuries sustained by your vehicle’s occupants as well as damage to your Volvo XC70.

Due to the fact that many drivers have only the minimum liability required by law, their limits can quickly be used up. For this reason, having high UM/UIM coverages is very important.

Collision coverage – Collision coverage will pay to fix damage to your XC70 from colliding with another vehicle or an object, but not an animal. You have to pay a deductible and then insurance will cover the remainder.

Collision can pay for things such as scraping a guard rail, colliding with a tree, backing into a parked car, sustaining damage from a pot hole and crashing into a building. This coverage can be expensive, so consider removing coverage from vehicles that are older. It’s also possible to raise the deductible to save money on collision insurance.

Final considerations

When you buy insurance online, it’s a bad idea to skimp on coverage in order to save money. There have been many cases where drivers have reduced collision coverage to discover at claim time that they should have had better coverage. Your focus should be to get the best coverage possible at an affordable rate, not the least amount of coverage.

Throughout this article, we presented many tips how you can save on Volvo XC70 insurance. The key concept to understand is the more rate comparisons you have, the better chance you’ll have of finding lower rates. Consumers may even find the biggest savings come from a smaller regional carrier.

People who switch companies do it for a number of reasons such as an unsatisfactory settlement offer, poor customer service, delays in paying claims and lack of trust in their agent. No matter why you want to switch, finding the right car insurance provider can be pretty painless.