1994 Volvo 850 Car Insurance Rates – 5 Discounts for Best Quotes

Trying to find cheaper insurance for a Volvo 850 could be a painful process, but you can use a few tricks to save time. There is a better way to find car insurance online and you need to know the absolute fastest way to quote coverages for a new or used Volvo and obtain the best price possible from local insurance agents and online providers.

It is always a good idea to quote other rates yearly since insurance rates are rarely the same from one policy term to another. Just because you had the best rate on 850 insurance two years ago you may be paying too much now. Block out anything you think you know about car insurance because you’re about to find out how to use online quotes to find better coverage at a better price.

The method we recommend to compare rate quotes takes advantage of the fact car insurance companies will pay a fee to give you rate quotes. The one thing you need to do is provide details like whether the vehicles are used for commuting, whether you are married, what you do for a living, and if you are currently licensed. Your rating data is then sent to multiple companies and they return quotes within a short period of time.

To start a quote now, click here and enter the information requested.

Discounts can really help to save

Some insurance providers don’t always advertise every disount available in a way that’s easy to find, so we break down some of the more common as well as some of the hidden discounts you could be receiving when you buy insurance coverage online.

• Defensive Driver Discounts – Successfully completing a class that teaches defensive driver techniques could possibly earn you a 5% discount and easily recoup the cost of the course.
• Multi-car Discount – Having all your vehicles on the same car insurance policy can reduce rates for all insured vehicles.
• Employee of Federal Government – Federal government employees can save as much as 8% on 850 insurance with a few car insurance companies.
• Accident Forgiveness Coverage – but some companies like Progressive and Allstate may permit one accident before they charge you more for coverage if your claims history is clear prior to being involved in the accident.
• Cautious Driver Discounts – Insureds who avoid accidents can get discounts for up to 45% lower rates on 850 insurance as compared to drivers with claims.

Discounts save money, but please remember that some credits don’t apply to the entire cost. Some only reduce specific coverage prices like comp or med pay. Even though the math looks like having all the discounts means you get insurance for free, it just doesn’t work that way. But all discounts should help lower the cost of your policy.

A few companies that may include some of the discounts shown above include:

• State Farm
• Nationwide
• Geico
• AAA
• 21st Century
• The Hartford

Check with all companies you are considering how you can save money. Depending on the company, some discounts might not apply in your area.

Will just any policy work for me?

When choosing coverage for your vehicles, there really is not a single plan that fits everyone. Every situation is different.

These are some specific questions might point out if you may require specific advice.

• Can I get a multi-policy discount?
• Can I afford to pay high deductible claims out of pocket?
• Am I insured when driving a different vehicle?
• Do I have coverage when pulling a U-Haul trailer?
• Is upholstery damage covered by car insurance?
• How high should my uninsured/underinsured coverage be in my state?
• Is a fancy paint job covered?
• Does my car insurance cover rental cars?
• Does my 1994 Volvo 850 need full coverage?
• Should I drop comprehensive coverage on older vehicles?

If you can’t answer these questions but a few of them apply then you might want to talk to a licensed agent. If you want to speak to an agent in your area, fill out this quick form. It is quick, free and can help protect your family.

Information about specific coverages

Having a good grasp of a insurance policy aids in choosing the best coverages and the correct deductibles and limits. Policy terminology can be confusing and even agents have difficulty translating policy wording.

Liability coverages – Liability insurance can cover injuries or damage you cause to other people or property. Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You might see limits of 50/100/50 which stand for $50,000 bodily injury coverage, $100,000 for the entire accident, and property damage coverage for $50,000.

Liability can pay for things such as loss of income, structural damage and repair bills for other people’s vehicles. How much liability should you purchase? That is a personal decision, but consider buying higher limits if possible.

Collision coverages – Collision coverage pays for damage to your 850 resulting from a collision with an object or car. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for things such as scraping a guard rail, sideswiping another vehicle, crashing into a building and sustaining damage from a pot hole. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from older vehicles. Drivers also have the option to increase the deductible to get cheaper collision coverage.

Medical costs insurance – Personal Injury Protection (PIP) and medical payments coverage pay for bills for prosthetic devices, ambulance fees and rehabilitation expenses. They are used to cover expenses not covered by your health insurance program or if there is no health insurance coverage. They cover both the driver and occupants and will also cover being hit by a car walking across the street. PIP coverage is not available in all states and gives slightly broader coverage than med pay

Comprehensive or Other Than Collision – Comprehensive insurance coverage will pay to fix damage that is not covered by collision coverage. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive can pay for claims like hitting a bird, theft and rock chips in glass. The maximum payout you’ll receive from a claim is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

UM/UIM Coverage – Uninsured or Underinsured Motorist coverage gives you protection when the “other guys” either are underinsured or have no liability coverage at all. It can pay for injuries to you and your family and damage to your Volvo 850.

Due to the fact that many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is very important.

Make a quick buck

Drivers switch companies for a number of reasons such as poor customer service, delays in paying claims, not issuing a premium refund and even an unsatisfactory settlement offer. It doesn’t matter what your reason, finding a new company is pretty simple and you could end up saving a buck or two.

We’ve covered some good ideas how you can lower your 1994 Volvo 850 insurance premium rates. The most important thing to understand is the more rate quotes you have, the better chance you’ll have of finding affordable insurance coverage. You may be surprised to find that the biggest savings come from an unexpected company.

Budget-friendly insurance coverage can be sourced online as well as from independent agents, so you need to shop insurance coverage with both in order to have the best price selection to choose from. Some insurance providers don’t offer rates over the internet and usually these small insurance companies only sell coverage through independent agencies.

Even more information can be found in the articles below:

• Choosing an Insurance Company (Insurance Information Insitute)
• Driving in Bad Weather (Insurance Information Insitute)
• Vehicle Size and Weight FAQ (iihs.org)
• Electronic Stability Control FAQ (iihs.org)
• What if I Can’t Find Coverage? (Insurance Information Insitute)