2003 Volvo V70 Car Insurance Quotes – 10 Discounts for Cheapest Rates

Have you finally had enough of paying out the nose to pay high insurance coverage rates every month? You have the same problem as the majority of other people. Big-name insurance companies like Progressive, State Farm and GEICO all promote huge savings with ads and it is challenging if not impossible to see past the corporate glitz and take the time to shop coverage around.

If you have insurance now or are shopping for new coverage, you will benefit by learning to find the best rates and still get good coverage. Finding affordable coverage is easy if you know what you’re doing. Drivers just need to understand the most efficient way to compare price quotes on the web.

Where can I get cheap insurance coverage?

There are a lot of ways you can shop for insurance coverage but some are more efficient than others. You could waste time driving to agents in your area, or you could save time and use the internet to maximize your effort.

Most car insurance companies belong to a marketplace where insurance shoppers submit one quote, and every company then gives them pricing based on that data. This eliminates the need for quote forms to each company.

To find out how much you can save on insurance coverage click here to start a free quote.

The single downside to doing it this way is that consumers can’t choose which carriers you will receive quotes from. If you would rather choose from a list of companies to compare prices, we put together a list of the cheapest insurance coverage companies in your area. Click here for list of insurance companies.

Take whichever approach you prefer, but make absolute certain that you use identical information for each price quote. If you compare different limits and deductibles on each one it will be next to impossible to determine which company has the best rates.

Discount car insurance quotes

Car insurance is not cheap nor is it fun to buy but you might find some hidden discounts that can help lower your rates. Most are applied at the time of purchase, but less common discounts must be asked about before you will receive the discount.

  • Low Mileage Discounts – Driving less could be rewarded with lower premium rates on the low mileage vehicles.
  • Organization Discounts – Being a member of a civic or occupational organization could qualify you for a break on your next renewal.
  • No Claim Discounts – Drivers who don’t have accidents are rewarded with significantly better rates on auto insurance quote in comparison to drivers who are more careless.
  • Sign Early and Save – Some car insurance companies give discounts for signing up before your current coverage expires. Ten percent is about the average savings.
  • Telematics Devices – Policyholders that allow their car insurance company to analyze when and where they use their vehicle by using a telematic data system such as Snapshot from Progressive or Drivewise from Allstate might see lower rates if they exhibit good driving behavior.
  • Discount for Life Insurance – If the company offers life insurance, you could get a discounted premium rate on car insurance if you buy life insurance.
  • Bundled Policy Discount – When you have multiple policies and insure them with the same company you may earn at least 10 to 15 percent or more.
  • Student in College – College-age children who are enrolled in a college that is more than 100 miles from home and won’t have access to an insured vehicle may qualify for this discount.
  • Anti-lock Brake Discount – Vehicles with ABS and/or traction control can avoid accidents and the ABS can save up to 10%.
  • E-sign Discounts</strong – A handful of companies may give you up to $50 for signing up on their website.

Consumers should know that most discount credits are not given to the entire policy premium. Most only reduce individual premiums such as comp or med pay. Despite the fact that it seems like you can get free auto insurance, you aren’t that lucky.

To see a list of insurance companies that offer the discounts shown above, follow this link.

Tailor your insurance coverage coverage to you

When choosing adequate coverage for your vehicles, there really is no perfect coverage plan. Everyone’s situation is a little different and your policy should reflect that. These are some specific questions may help you determine if your insurance needs could use an agent’s help.

  • Why do I need rental car insurance?
  • Is my 2003 Volvo V70 covered for smoke damage?
  • Does my liability insurance cover pulling a trailer or camper?
  • Will my vehicle be repaired with OEM or aftermarket parts?
  • Is my cargo covered for damage or theft?
  • Are split liability limits better than a combined single limit?
  • Am I covered when driving in Canada or Mexico?

If you don’t know the answers to these questions but you know they apply to you, you might consider talking to a licensed insurance agent. If you want to speak to an agent in your area, take a second and complete this form or you can go here for a list of companies in your area. It’s fast, free and you can get the answers you need.

What car insurance coverages do you need?

Learning about specific coverages of your car insurance policy helps when choosing which coverages you need at the best deductibles and correct limits. Policy terminology can be ambiguous and reading a policy is terribly boring. Listed below are typical coverages found on most car insurance policies.

Comprehensive coverage (or Other than Collision) – Comprehensive insurance coverage pays to fix your vehicle from damage that is not covered by collision coverage. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for things such as vandalism, hitting a deer and a tree branch falling on your vehicle. The highest amount your car insurance company will pay is the ACV or actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Liability – Liability coverage will cover damages or injuries you inflict on a person or their property. This coverage protects you from claims by other people, and does not provide coverage for damage to your own property or vehicle.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have 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 total limit of $25,000 for damage to vehicles and property. Alternatively, you may have one number which is a combined single limit which limits claims to one amount with no separate limits for injury or property damage.

Liability can pay for things such as structural damage, repair costs for stationary objects and legal defense fees. How much liability should you purchase? That is up to you, but buy as much as you can afford.

Collision coverages – Collision coverage pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage protects against claims like scraping a guard rail, damaging your car on a curb, crashing into a building, sustaining damage from a pot hole and hitting a mailbox. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. It’s also possible to choose a higher deductible to bring the cost down.

Insurance for medical payments – Coverage for medical payments and/or PIP kick in for short-term medical expenses such as funeral costs, surgery, pain medications, dental work and hospital visits. They are used in conjunction with a health insurance plan or if you are not covered by health insurance. Medical payments and PIP cover all vehicle occupants as well as any family member struck as a pedestrian. PIP is not universally available but it provides additional coverages not offered by medical payments coverage

Uninsured Motorist or Underinsured Motorist insurance – This coverage protects you and your vehicle’s occupants from other drivers when they either are underinsured or have no liability coverage at all. Covered losses include hospital bills for your injuries as well as your vehicle’s damage.

Since many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Usually the UM/UIM limits are identical to your policy’s liability coverage.

Don’t throw your cash in the trash

The cheapest 2003 Volvo V70 insurance can be purchased on the web and from local agencies, and you need to price shop both to have the best chance of lowering rates. There are still a few companies who may not have internet price quotes and most of the time these smaller providers sell through independent agencies.

As you shop your coverage around, you should never reduce needed coverages to save money. There are a lot of situations where someone sacrificed comprehensive coverage or liability limits to discover at claim time that saving that couple of dollars actually costed them tens of thousands. Your goal should be to purchase plenty of coverage for the lowest price, but don’t skip important coverages to save money.

We just presented some good ideas how you can save on 2003 Volvo V70 insurance. The key concept to understand is the more companies you get premium rates for, the better likelihood of getting inexpensive auto insurance. Consumers may even find the best car insurance rates are with the least-expected company. Some small companies may have significantly lower premium rates on certain market segments than the large multi-state companies such as Allstate, GEICO and Progressive.

For more information, feel free to visit the resources below:

Comments About 2003 Volvo V70 Insurance

  1. Grayce Small

    How are claims handled by GEICO around Boise, ID?

  2. Lawanna Burns

    I was with Liberty Mutual last year but switched to Progressive. I’m just east of Providence, RI. I dropped full coverage awhile back.

  3. Lola Collier

    Can I get replacement cost coverage for a 2003 Volvo V70?

  4. Elvina Ballard

    Does Allstate insure teenage drivers?

  5. Laurene Banks

    Anyone buy from Auto-Owners? I’m in South Burlington, VT.

  6. Kazuko Guy

    I got quite a few price quotes for a 2003 Volvo V70 in Virginia Beach, VA. Ended up at darn near $110 every six months with AAA. Are quotes cheaper online? Book value doesn’t justify full coverage anymore.

  7. Hannah Medina

    FYI in Cranston, RI try Allstate. I got a good deal.

  8. Judy Stout

    If you’re a decent driver and live in the vicinity of Bellevue, NE, check out Allstate. I saved quite a bit. Insured with Western Auto Insurance before. Good savings if you bundle. Next renewal I’ll just do liability.

  9. Melody Dean

    Not sure if this is cheap. Went with AAA for my 2003 Volvo V70 and saved about $90 a year. Even increased coverage a bit. It’s still not cheap enough.

  10. Lashon Landry

    Why are claims settled so low?

  11. Laveta Shepherd

    I was with Liberty Mutual last year but switched to State Farm. I’m just south of Las Cruces, New Mexico. I’m a pretty low risk driver. I got a quote from their website.

  12. Rocco Porter

    Got pretty cheap 2003 Volvo V70 insurance from State Farm in Nashua, NH.