2004 Volvo C70 Insurance Rates – 9 Ideas for Cheapest Quotes

Are you regretting buying an overpriced car insurance policy? Trust us when we tell you many consumers are feeling buyer’s remorse and feel like there’s no way out.

Because you have many insurance providers from which to choose, it can be diffult for drivers to choose the most cost effective insurance company.

It’s a great practice to do price comparisons at least once a year since prices change quite often. If you had the best rate on C70 insurance six months ago the chances are good that you can find a lower premium rate today. Block out anything you think you know about car insurance because you’re about to learn the things you must know in order to properly buy coverages while reducing your premium.

Verify you’re earning every discount

Car insurance is neither fun to buy or cheap, but there could be significant discounts that you may not even be aware of. Some discounts will apply when you quote, but some need to be specifically requested in order for you to get them.

• Sign Online – Some larger companies will discount your bill up to fifty bucks for signing up on your computer.
• Drive Safe and Save – Drivers without accidents can pay as much as 50% less on C70 insurance compared to rates paid by drivers with frequent claims.
• Multi-car Discount – Purchasing coverage when you have multiple cars or trucks on a single policy can get a discount for every vehicle.
• Onboard Data Collection – Drivers that enable driving data collection to monitor driving habits by using a small device installed in their vehicle such as In-Drive from State Farm or Allstate’s Drivewise system might see lower rates if they show good driving skills.
• Claim-Free Discount – Insureds who avoid accidents and claims can save substantially compared to insureds who have frequent claims or accidents.
• Low Mileage Discounts – Driving less may enable drivers to earn better premium rates on cars that stay parked.
• No Charge for an Accident – Not a discount per se, but some companies like Allstate, Progressive, and Geico permit an accident without raising rates so long as you are claim-free for a particular time prior to the accident.
• Senior Citizen Discount – Drivers that qualify as senior citizens may receive lower premium rates on C70 insurance.
• Passive Restraint Discount – Options like air bags and/or automatic seat belt systems may qualify for discounts as much as 30%.

As a disclaimer on discounts, many deductions do not apply to all coverage premiums. The majority will only reduce specific coverage prices like medical payments or collision. So when it seems like you would end up receiving a 100% discount, that’s just not realistic.

A few companies that have many of the previously listed discounts possibly include:

• Farm Bureau
• Liberty Mutual
• State Farm
• Auto-Owners Insurance
• Geico
• SAFECO

Check with each company or agent which discounts you may be entitled to. Depending on the company, some discounts may not apply to policyholders in your state. To locate insurers who offer discounts, click here.

Do auto insurance companies bend the truth?

Well-known auto insurance companies like 21st Century, Allstate and State Farm regularly use television, radio, and online ads. They all seem to seem to make the promise about saving some big amount after switching your policy. That’s great but how can every company offer drivers better rates?

All the different companies are able to cherry pick for the type of insured that earns them the most money. One example of this type of risk profile may need to be between the ages of 30 and 50, has other policies, and drives less than 10,000 miles a year. Any person who fits that profile will probably get the lowest rates and is almost guaranteed to save when they switch companies.

People who do not meet these criteria will have to pay higher premiums and the customer not buying. The trick companies use is to say “customers that switch” but not “everyone who gets a quote” save money. This is how companies can make it sound like they have such great premium rates.

Because each company has a different risk profile, you should get as many free auto insurance quotes as possible. It’s just not possible to know which auto insurance company will fit your personal profile best.

When should I discuss my situation with an agent?

When choosing the right insurance coverage for your vehicles, there really is no “best” method to buy coverage. Everyone’s situation is unique so this has to be addressed. These are some specific questions might help in determining whether you will benefit from professional help.

• Is there coverage for injuries to my pets?
• When does my teenage driver need to be added to my policy?
• Is other people’s property covered if stolen from my vehicle?
• Am I missing any policy discounts?
• When should I remove comp and collision on my 2004 Volvo C70?
• Can I pay claims out-of-pocket if I buy high deductibles?
• Should I carry comprehensive and collision coverage?
• Am I covered if I break a side mirror?
• Should I rate my 2004 Volvo C70 as pleasure use or commute?
• What is the rate difference between pleasure use and commuting?

If you don’t know the answers to these questions but you think they might apply to your situation, then you may want to think about talking to a licensed agent. To find an agent in your area, fill out this quick form or you can also visit this page to select a carrier

Coverages available on your car insurance policy

Understanding the coverages of a car insurance policy can help you determine appropriate coverage for your vehicles. The terms used in a policy can be ambiguous and even agents have difficulty translating policy wording. Listed below are typical coverages found on most car insurance policies.

Comprehensive coverage

Comprehensive insurance coverage covers damage that is not covered by collision coverage. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims like fire damage, hitting a bird, a broken windshield and hail damage. The maximum payout your car insurance company will pay is the ACV or actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

Auto liability

This will cover damage that occurs to a person or their property. Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see policy limits of 50/100/50 that translate to $50,000 in coverage for each person’s injuries, a total of $100,000 of bodily injury coverage per accident, and $50,000 of coverage for damaged propery. Some companies may use one number which is a combined single limit that pays claims from the same limit rather than limiting it on a per person basis.

Liability insurance covers claims such as loss of income, structural damage, pain and suffering and court costs. How much coverage you buy is your choice, but consider buying higher limits if possible.

Collision insurance

Collision coverage pays to fix your vehicle from damage resulting from colliding with another car or object. You first must pay a deductible and then insurance will cover the remainder.

Collision insurance covers claims like hitting a mailbox, hitting a parking meter, colliding with a tree, sustaining damage from a pot hole and scraping a guard rail. This coverage can be expensive, so consider removing coverage from older vehicles. You can also increase the deductible in order to get cheaper collision rates.

Medical payments coverage and PIP

Coverage for medical payments and/or PIP provide coverage for expenses for surgery, rehabilitation expenses, chiropractic care and EMT expenses. They are often used to cover expenses not covered by your health insurance plan or if there is no health insurance coverage. It covers you and your occupants and will also cover any family member struck as a pedestrian. Personal Injury Protection is not an option in every state and gives slightly broader coverage than med pay

Uninsured/Underinsured Motorist coverage

Uninsured or Underinsured Motorist coverage provides protection when the “other guys” either have no liability insurance or not enough. This coverage pays for medical payments for you and your occupants and damage to your 2004 Volvo C70.

Due to the fact that many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is very important. Most of the time these coverages are set the same as your liablity limits.

Find Good Coverage for Less

As you quote auto insurance, you should never buy lower coverage limits just to save a few bucks. There are a lot of situations where someone dropped comprehensive coverage or liability limits only to regret at claim time they didn’t have enough coverage. The goal is to get the best coverage possible at the best cost while still protecting your assets.

Some companies don’t offer rates over the internet and most of the time these smaller providers provide coverage only through independent agencies. Cost effective 2004 Volvo C70 insurance is definitely available both online as well as from insurance agents, and you need to comparison shop both to get a complete price analysis.

Additional information can be read on the following sites:

• Preventing Carjacking and Theft (Insurance Information Insitute)
• When is the Right Time to Switch Car Insurance Companies? (Allstate)
• Auto Insurance FAQ (Farmers Insurance)
• Rental Reimbursement Coverage (Allstate)
• Choosing a Car for Your Teen (State Farm)