1995 Volvo 940 Car Insurance Rates

Trying to find low cost Driversauto insurance may be quite difficult for drivers who are new to buying insurance online. Since there are so many insurance companies available, it can easily become a difficult situation to locate the lowest price.

Affordable insurance coverage rates with discounts

Some companies do not advertise their entire list of discounts very well, so we break down both the well known in addition to some of the lesser obvious credits available to you.

  • Seat Belt Usage – Requiring all passengers to buckle up can save up to 15% off the medical payments premium.
  • Theft Prevention System – Anti-theft and alarm system equipped vehicles can help prevent theft and earn discounts up to 10% off your car insurance quote.
  • Pay Upfront and Save – If you pay your entire premium ahead of time rather than paying monthly you can avoid monthly service charges.
  • Government Employee Discount – Simply working for the federal government could cut as much as 10% off on 940 coverage with select insurance companies.
  • Student in College – Kids who live away from home at college and won’t have access to an insured vehicle may be insured at a cheaper rate.
  • Passive Restraint Discount – Vehicles equipped with air bags may earn rate discounts of 20 to 30 percent.
  • Waiver for an Accident – but companies like State Farm and Allstate will let one accident slide before hitting you with a surcharge if you are claim-free prior to the accident.
  • Military Discounts – Being deployed in the military may lower your prices slightly.
  • Defensive Driving Course – Taking part in a safe driver course could earn you a small percentage discount if your company offers it.

Consumers should know that many deductions do not apply to your bottom line cost. Some only apply to the price of certain insurance coverages like liability, collision or medical payments. So even though you would think you would end up receiving a 100% discount, it’s just not the way it works.

Large insurance coverage companies and their offered discounts are outlined below.

  • GEICO has savings for federal employee, anti-theft, good student, emergency military deployment, driver training, and defensive driver.
  • Travelers may offer discounts for payment discounts, multi-policy, new car, early quote, and driver training.
  • Nationwide offers discounts including business or organization, easy pay, Farm Bureau membership, good student, multi-policy, and defensive driving.
  • Farmers Insurance includes discounts for business and professional, electronic funds transfer, homeowner, youthful driver, multi-car, early shopping, and pay in full.
  • Esurance offers premium reductions for emergency road assistance, multi-policy, online shopper, safety device, anti-lock brakes, and renters.
  • State Farm may include discounts for good driver, driver’s education, accident-free, multiple policy, passive restraint, multiple autos, and good student.
  • Progressive may have discounts that include homeowner, multi-vehicle, good student, online signing, multi-policy, and online quote discount.
  • Mercury Insurance has discounts for multi-policy, low natural disaster claims, accident-free, multi-car, anti-theft, good student, and annual mileage.

Before purchasing a policy, check with each insurance company how you can save money. All car insurance discounts may not apply to policies in every state. To locate insurers that offer many of these discounts, click here.

How to compare insurance coverage price quotes

The are a couple different ways to obtain and compare prices from insurance coverage companies in your area. The easiest way by far to find the cheapest 1995 Volvo 940 insurance rates is to use the internet to compare rates. It’s really quite simple and can be done by using one of the methods below.

  • If you don’t have a lot of time, the easiest way to find low rates would be an industry-wide quote request form (click to open form in new window). This easy form keeps you from doing multiple quote forms for every company. A single form gets coverage cost estimates from multiple companies. Recommended for those who want to invest the least amount of time.
  • A more time consuming way to find more affordable insurance consists of going to the website for every company you want to comare and fill out their own quote form. For examples sake, we’ll pretend you need rates from GEICO, Liberty Mutual and Allstate. To get rate quotes you would need to go to every website and enter your policy data, which can get old fast.

    For a list of links to insurance companies in your area, click here.

  • The least efficient and most time consuming way to get rate quotes is driving around to each insurance agency near you. The internet eliminates this option unless you have a complicated situation and need the trained advice that only a licensed agent can provide. However, consumers can compare online quotes but buy the policy through an agent.

The approach you take is up to you, just make absolute certain that you use nearly identical coverages on every quote. If you enter different limits and deductibles on each one then you won’t be able to truly determine the lowest rate. Having just a slight variation in limits can result in a big premium difference. And when price shopping your coverage, comparing a large number of companies provides better odds of finding the best rates.

Tailor your auto insurance coverage to you

When it comes to buying coverage for your personal vehicles, there is no cookie cutter policy. Every insured’s situation is different.

For example, these questions can help discover whether you may require specific advice.

  • How much liability insurance is required?
  • Does coverage extend to Mexico or Canada?
  • Can my teen drive my company car?
  • Can I get a multi-policy discount for packaging my home and auto coverage?
  • What is the ISO rating for a 1995 Volvo 940?
  • How high should my medical payments coverage be?
  • At what point should I drop full coverage?

If it’s difficult to answer those questions but a few of them apply, then you may want to think about talking to an agent. If you don’t have a local agent, complete this form.

Auto insurance 101

Having a good grasp of your auto insurance policy helps when choosing which coverages you need and the correct deductibles and limits. The coverage terms in a policy can be ambiguous and reading a policy is terribly boring.

Liability coverage

Liability coverage can cover damage that occurs to people or other property. This coverage protects you against other people’s claims, and does not provide coverage for damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see limits of 50/100/50 which means a limit of $50,000 per injured person, a total of $100,000 of bodily injury coverage per accident, and a limit of $50,000 paid for damaged property.

Liability insurance covers claims such as medical services, repair costs for stationary objects, loss of income and pain and suffering. How much liability coverage do you need? That is your choice, but buy as large an amount as possible.

Collision insurance

Collision coverage pays to fix your vehicle from damage from colliding with an object or car. You have to pay a deductible then your collision coverage will kick in.

Collision insurance covers claims like colliding with a tree, driving through your garage door and hitting a parking meter. Paying for collision coverage can be pricey, so consider removing coverage from older vehicles. It’s also possible to raise the deductible to get cheaper collision coverage.

Comprehensive coverage

This will pay to fix damage caused by mother nature, theft, vandalism and other events. A deductible will apply then your comprehensive coverage will pay.

Comprehensive can pay for claims such as falling objects, a broken windshield, hail damage and damage from a tornado or hurricane. The maximum amount you’ll receive from a claim is the actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Medical payments coverage and PIP

Coverage for medical payments and/or PIP provide coverage for immediate expenses such as prosthetic devices, X-ray expenses, chiropractic care, dental work and doctor visits. They are often utilized in addition to your health insurance policy or if you are not covered by health insurance. They cover both the driver and occupants in addition to being hit by a car walking across the street. PIP coverage is not universally available but can be used in place of medical payments coverage

Uninsured/Underinsured Motorist coverage

This coverage protects you and your vehicle’s occupants from other drivers when they are uninsured or don’t have enough coverage. Covered losses include injuries sustained by your vehicle’s occupants and also any damage incurred to your Volvo 940.

Because many people only carry the minimum required liability limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is important protection for you and your family.

Saving money makes a lot of cents

In this article, we covered a lot of information how to shop for 1995 Volvo 940 insurance online. The most important thing to understand is the more times you quote, the higher the chance of saving money. Drivers may discover the most savings is with some of the lesser-known companies.

Insureds change insurance companies for a number of reasons such as unfair underwriting practices, delays in paying claims, an unsatisfactory settlement offer and denial of a claim. It doesn’t matter why you want to switch finding a new company can be easy and end up saving you some money.

More affordable auto insurance is definitely available on the web as well as from independent agents, so you need to quote car insurance with both in order to have the best price selection to choose from. A few companies do not offer internet price quotes and most of the time these smaller providers only sell coverage through independent insurance agencies.

To learn more, link through to the following helpful articles:

Comments About 1995 Volvo 940 Insurance

  1. Hailey Skinner

    I’m in Shreveport, LA, and 21st Century rates were affordable.

  2. Cletus Weaver

    I’m from Davenport, IA. Not sure of all the companies but I ended up saving about $20 each month. Was with American Family. It was easy to get rates. My 940 doesn’t have full coverage.

  3. Jene Carver

    From northwest of Paterson, New Jersey. Quoted with Progressive, American Family, and Erie for my 940 and saved $65 a year. Was with Sentry. Anyone else drop full coverage?

  4. Ona Boyer

    This is too expensive. I live in a small town just outside of Great Falls, MT. I got free rates from State Farm, AAA, and some I forget for my Volvo and I’m now saving $23 a month. Highly recommended.

  5. Fred Spears

    I’m looking for cheaper coverage. Went with Sentry for my 940 and cut my rates about $60 a year.

  6. Harvey Guerra

    Need cheaper insurance rates for my teenage driver in Rio Rancho, New Mexico!!

  7. Willow Gamble

    If you don’t have tickets and live around Kansas City, KS, check out GEICO. You might get cheaper rates. Was with Safeco. :)

  8. Leon Osborne

    Will Allstate do a SR22 in Idaho Falls, ID?

  9. Arnulfo Robinson

    Where can I find cheaper car insurance in Great Falls, Montana?

  10. Sheron Shannon

    I found pretty cheap rate quotes for a 1995 Volvo 940 in San Antonio, TX. Ended up at right around $110 every six months with AAA. It was easy to get rates. My 940 doesn’t have full coverage.

  11. Luana Smith

    I was with GMAC last year but switched to State Farm. I live just outside Dover, DE. Full coverage costs too much.

  12. Katie Richardson

    Hope my rates come down. From west side of Kansas City, Kansas. Quoted a bunch of companies. Saved right around $30 a month. GEICO was the most affordable for me. I get multi-vehicle and multi-policy discounts. It’s still not cheap enough. Full coverage costs too much.

  13. Elvia Andrews

    Not sure what I should be paying. I live just outside San Jose, CA. Quoted with Progressive, AAA, Farmers, and Liberty Mutual for my Volvo and saved $109 a year. Thankfully I’m not a high risk driver. Only insure liability on my 940.

  14. Megan Hill

    Does Progressive offer multi-policy discounts?