Lower Your 1990 Volvo 240 Insurance Quotes

Nobody I know likes paying for car insurance, in particular when they are paying too much.

Due to the abundance of choices of insurance companies, it can be impossible to find the most affordable insurance company.

Verify you’re earning every discount

Car insurance companies don’t always list every discount they offer in a way that’s easy to find, so the list below contains some of the best known and also the more inconspicuous savings tricks you should be using when you buy auto insurance online.

• Good Driver Discounts – Insureds who avoid accidents can save as much as half off their rates for 240 insurance than drivers with accidents.
• Low Mileage Discounts – Low mileage vehicles could earn slightly better prices than normal.
• New Vehicle Savings – Buying a new car model can save you some money compared to insuring an older model.
• Club Memberships – Participating in qualifying employment or professional organizations can get you a small discount on your policy.
• Discounts for Seat Belt Usage – Drivers who require all vehicle occupants to use their safety belts can save a little on the premium charged for medical payments and/or PIP.

As a footnote on discounts, some of the credits will not apply to your bottom line cost. The majority will only reduce the cost of specific coverages such as comprehensive or collision. Even though the math looks like it’s possible to get free car insurance, you’re out of luck.

A few of the larger companies and a selection of discounts include:

• State Farm has savings for multiple autos, safe vehicle, good student, accident-free, driver’s education, and Steer Clear safe driver discount.
• Nationwide includes discounts for anti-theft, business or organization, good student, easy pay, multi-policy, and family plan.
• Geico may include discounts for federal employee, military active duty, emergency military deployment, anti-lock brakes, seat belt use, and membership and employees.
• AAA offers discounts including multi-car, good student, multi-policy, anti-theft, and AAA membership discount.
• 21st Century may offer discounts for homeowners, automatic seat belts, air bags, theft prevention, anti-lock brakes, 55 and older, and defensive driver.
• The Hartford has discounts for air bag, bundle, vehicle fuel type, defensive driver, driver training, and anti-theft.

If you are trying to find inexpensive auto insurance quotes, ask each company which discounts can lower your rates. Depending on the company, some discounts might not apply in your area. If you would like to see a list of insurance coverage companies that offer discounts, follow this link.

When should I discuss my situation with an agent?

When choosing proper insurance coverage for your personal vehicles, there isn’t really a “best” method to buy coverage. Every insured’s situation is different and a cookie cutter policy won’t apply. For example, these questions may help highlight if your insurance needs could use an agent’s help.

• Do I have coverage if my license is suspended?
• How much liability insurance is required?
• How many claims can I have before being cancelled?
• Does my 1990 Volvo 240 qualify for pleasure use?
• Exactly who is provided coverage by my policy?
• Is my cargo covered for damage or theft?
• Does my liability insurance cover pulling a trailer or camper?
• Are all vehicle passengers covered by medical payments coverage?

If it’s difficult to answer those questions but you think they might apply to your situation then you might want to talk to an agent. If you don’t have a local agent, take a second and complete this form or click here for a list of insurance coverage companies in your area.

Insurance coverages explained

Learning about specific coverages of a insurance policy aids in choosing the right coverages and the correct deductibles and limits. The coverage terms in a policy can be impossible to understand and reading a policy is terribly boring. Listed below are the usual coverages found on most insurance policies.

Comprehensive (Other than Collision)

This coverage covers damage from a wide range of events other than collision. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive insurance covers things like damage from a tornado or hurricane, falling objects, hail damage, vandalism and a tree branch falling on your vehicle. The highest amount your insurance company will pay is the ACV or actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Coverage for collisions

This coverage pays to fix your vehicle from damage from colliding with an object or car. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims such as scraping a guard rail, damaging your car on a curb and crashing into a ditch. This coverage can be expensive, so consider dropping it from lower value vehicles. It’s also possible to bump up the deductible to bring the cost down.

Medical expense insurance

Coverage for medical payments and/or PIP pay for short-term medical expenses like hospital visits, chiropractic care and dental work. They are often used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. Coverage applies to you and your occupants and also covers if you are hit as a while walking down the street. PIP coverage is only offered in select states and gives slightly broader coverage than med pay

Auto liability

This provides protection from damage that occurs to people or other property that is your fault. This coverage protects you against claims from other people, and does not provide coverage for damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see policy limits of 100/300/100 which means $100,000 in coverage for each person’s injuries, a total of $300,000 of bodily injury coverage per accident, and a total limit of $100,000 for damage to vehicles and property.

Liability coverage pays for things like repair bills for other people’s vehicles, emergency aid, loss of income, medical services and funeral expenses. How much liability coverage do you need? That is a personal decision, but it’s cheap coverage so purchase as large an amount as possible.

Protection from uninsured/underinsured drivers

This coverage provides protection from other drivers when they either are underinsured or have no liability coverage at all. This coverage pays for medical payments for you and your occupants as well as your vehicle’s damage.

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

In Summary

When getting auto insurance quotes online, make sure you don’t buy poor coverage just to save money. In too many instances, an insured cut comprehensive coverage or liability limits and found out when filing a claim that the small savings ended up costing them much more. The proper strategy is to buy enough coverage at the best price, but do not sacrifice coverage to save money.

Cheaper car insurance is possible from both online companies and from local agencies, so you should compare both to have the best selection. Some car insurance companies may not provide price quotes online and usually these small insurance companies only sell through independent agencies.

More tips and info about car insurance is located at these sites:

• Property Damage Coverage (Liberty Mutual)
• Reducing Your Risks in a Car Crash Video (iihs.org)
• Car Insurance for Teen Drivers with Divorced Parents (Allstate)
• Alcohol Impaired Driving FAQ (iihs.org)
• Tools for Teen Driving Safety (State Farm)
• Car Insurance: When not to Skimp (BankRate.com)