1998 Volvo V90 Insurance Rates – 6 Tips for Cheapest Quotes

Looking for better insurance rates for your Volvo V90? Shopping for the most affordable insurance may seem to be overwhelming for consumers new to quoting and price shopping on the web. With more and more insurers available, how can drivers possibly compare them all to find the cheapest available price?

It’s a good idea to compare prices on a regular basis because insurance rates tend to go up over time. Even if you got the best deal on V90 insurance a few years ago the chances are good that you can find a lower price today. There is a lot of bad advice regarding insurance out there, but we’re going to give you some proven techniques to slash your insurance rates.

If you currently have a car insurance policy, you will be able to lower your premiums substantially using these methods. The purpose of this post is to help educate you on how to get online quotes and some money-saving tips. Nevertheless, vehicle owners must comprehend how big insurance companies determine prices and take advantage of how the system works.

Compare free insurance coverage quotes

When comparison shopping, there are several ways to get quotes from many different insurance companies. The easiest way to lower the rate you pay for 1998 Volvo V90 insurance is to perform an online rate comparison. This can be done in a couple minutes as outlined below.

1. One of the fastest ways consumers can make multiple comparisons is to use a rate comparison form click here to open form in new window. This easy form prevents you from having to do multiple quote forms for every prospective company. Just one form will get you price quotes from multiple companies. Recommended for those who want to invest the least amount of time.
2. A more time consuming way to find lower rates requires you to visit each company’s website and repeat the quote process again and again. For examples sake, we’ll pretend you want to view quotes from USAA, Progressive and Liberty Mutual. To get rate quotes you would need to go to each individual site and enter your policy data, which can get rather old. To view a list of companies in your area, click here.

The approach you take is up to you, just ensure you are comparing identical information on every price quote you get. If you have different deductibles it will be very difficult to determine the best price for your Volvo V90. Just a small difference in coverage limits could throw off the whole comparison. And when comparing insurance coverage rates, know that comparing all the rates in your area will improve the odds of getting better pricing. Some regional insurers cannot provide quotes online, so it’s important to also get price quotes from them, too.

Big names are not always cheapest

Auto insurance providers like Geico, State Farm and Progressive consistently run television and radio advertisements. All the companies say the same thing of big savings after switching your auto insurance policy to them. That’s great but how can every company charge lower premium rates? It’s all in how they say it.

Companies have underwriting criteria for the type of driver that will generate a profit. A good example of a profitable customer might have to be over age 30, owns their home, and the vehicle is rated for pleasure use. Any person who fits that profile will probably get cheap prices and will probably save a lot if they switch.

Potential customers who are not a match for this stringent profile may receive a more expensive rate and this results in the customer buying from a different company. If you listen closely, the ads state “customers who switch” but not “everyone who gets a quote” save money. That’s the way companies can truthfully make the claims of big savings.

Different companies use different criteria so you need to compare quotes as often as possible. You cannot predict which insurance companies will have the lowest rates.

Get cheap rates by getting these six discounts

Insurance coverage is not inexpensive, but there may be some discounts that you may not know about. Certain credits will be shown when you purchase, but a few must be manually applied before being credited.

• Good Student Discount – This discount may save you up to 25%. Earning this discount can benefit you until age 25.
• Onboard Data Collection – Policyholders that allow their company to look at driving patterns by using a small device installed in their vehicle like In-Drive from State Farm and Progressive’s Snapshot might see lower rates if they show good driving skills.
• Pay Upfront and Save – By paying your entire bill at once as opposed to paying monthly you can avoid monthly service charges.
• Bundle and Save – If you insure your home and vehicles with the same insurance company you will save as much as 10 to 15 percent.
• Life Insurance Discount – Not all insurance coverage companies offer life insurance, but some may give you better premium rates if you take out auto and life insurance together.
• Own a Home and Save – Owning your own home or condo can get you a discount because it requires personal responsibility.

Please keep in mind that most discount credits are not given to your bottom line cost. Most only reduce the price of certain insurance coverages like comp or med pay. So even though it sounds like all those discounts means the company will pay you, nobody gets a free ride. But any discount will definitely reduce the cost of coverage.

A list of companies and their offered discounts can be read below.

• The Hartford may include discounts for driver training, vehicle fuel type, defensive driver, bundle, and air bag.
• American Family has savings for TimeAway discount, multi-vehicle, mySafetyValet, defensive driver, and good student.
• Progressive policyholders can earn discounts including multi-vehicle, online quote discount, good student, homeowner, online signing, continuous coverage, and multi-policy.
• Travelers may have discounts that include good student, driver training, multi-car, student away at school, payment discounts, continuous insurance, and multi-policy.
• Farmers Insurance has discounts for bundle discounts, switch companies, youthful driver, multi-car, distant student, good student, and alternative fuel.
• USAA may offer discounts for safe driver, driver training, multi-policy, defensive driver, family discount, annual mileage, and good student.
• Liberty Mutual includes discounts for exclusive group savings, new vehicle discount, new graduate, newly retired, newly married, and teen driver discount.

If you are trying to find the cheapest insurance quotes, ask all companies you are considering how you can save money. Discounts may not apply to policyholders in your area. If you would like to choose from a list of providers that offer some of these discounts, click here to view.

Your car insurance coverage should be tailored 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 may help highlight whether or not you will benefit from professional help.

• Is my state a no-fault state?
• Does having multiple vehicles earn me a discount?
• Does coverage extend to Mexico or Canada?
• Am I covered when delivering products for my home-based business?
• Are all vehicle passengers covered by medical payments coverage?
• Why am I required to buy high-risk coverage?
• How do I file an SR-22 for a DUI in my state?
• Does coverage extend to a rental car in a foreign country?
• Do I need roadside assistance coverage?

If you can’t answer these questions but you think they might apply to your situation, then you may want to think about talking to an insurance agent. If you don’t have a local agent, complete this form.

Insurance specifics

Understanding the coverages of a insurance policy helps when choosing the best 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.

Liability insurance

Liability coverage provides protection from injuries or damage you cause to other people or property by causing an accident. This coverage protects you from legal claims by others, and does not provide coverage for damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You might see policy 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 property damage coverage for $50,000. Some companies may use a combined single limit or CSL which limits claims to one amount with no separate limits for injury or property damage.

Liability coverage protects against claims such as attorney fees, medical expenses, emergency aid, loss of income and repair costs for stationary objects. How much liability should you purchase? That is your choice, but consider buying as much as you can afford.

Uninsured/Underinsured Motorist coverage

This protects you and your vehicle from other drivers when they either are underinsured or have no liability coverage at all. Covered losses include injuries to you and your family as well as your vehicle’s damage.

Because many people carry very low liability coverage limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is a good idea. Usually these coverages are set the same as your liablity limits.

Collision coverage

Collision insurance pays for damage to your V90 resulting from a collision with a stationary object or other vehicle. You have to pay a deductible then your collision coverage will kick in.

Collision can pay for claims like crashing into a building, driving through your garage door and sustaining damage from a pot hole. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are older. Drivers also have the option to choose a higher deductible to get cheaper collision coverage.

Medical payments coverage and PIP

Coverage for medical payments and/or PIP kick in for expenses for things like funeral costs, chiropractic care, doctor visits and surgery. They are used to cover expenses not covered by your health insurance plan or if there is no health insurance coverage. It covers not only the driver but also the vehicle occupants and will also cover any family member struck as a pedestrian. Personal injury protection coverage is not universally available and may carry a deductible

Comprehensive coverage

This coverage pays to fix your vehicle from damage from a wide range of events other than collision. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive insurance covers things such as damage from getting keyed, hitting a bird and fire damage. The most you’ll receive from a claim is the ACV or actual cash value, so if the vehicle is not worth much consider dropping full coverage.

Cheaper insurance is a realistic goal

When shopping online for insurance, it’s not a good idea to buy poor coverage just to save money. There are too many instances where someone dropped physical damage coverage and found out when filing a claim that the savings was not a smart move. Your goal should be to buy enough coverage for the lowest cost, not the least amount of coverage.

Insureds who switch companies do it for a variety of reasons including an unsatisfactory settlement offer, policy non-renewal, high rates after DUI convictions and poor customer service. It doesn’t matter why you want to switch finding a new insurance company is less work than it seems.

We just presented many ideas to get a better price on 1998 Volvo V90 insurance. The key thing to remember is the more times you quote, the higher the chance of saving money. Drivers may discover the most savings is with the smaller companies.

To read more, take a look at the following helpful articles:

• Collision Insurance Coverage (Nationwide)
• Airbag FAQ (iihs.org)
• What Determines the Price of My Auto Insurance Policy? (Insurance Information Insitute)
• Auto Insurance Basics (Insurance Information Insitute)