Lower Your 2004 Volvo S80 Car Insurance Quotes

Searching for cheaper car insurance rates for your Volvo S80? I can’t think of a single person who fancies paying their premiums for car insurance, in particular when their premiums are through the roof. Big companies like Progressive, Geico and Farmers Insurance constantly blast consumers with fancy advertisements and it can be hard to ignore the propoganda and find the best price available.

It’s a great practice to do price comparisons as often as possible since prices fluctuate regularly. Just because you found the best rate for S80 insurance a year ago there is a good chance you can find better premium rates now. There is lot of inaccurate information about car insurance on the web, but I’m going to show you some good information on how to lower your car insurance premiums.

Drivers can save with these money-saving discounts

Not too many consumers would say auto insurance is affordable, but there’s a good chance there are discounts that you may not even be aware of. Many of these discounts will be applied automatically when you get a quote, but a few need to be requested specifically before being credited.

• Defensive Driving Course – Taking time to complete a course in defensive driver could possibly earn you a 5% discount if your company offers it.
• Student Driver Training – Cut your cost by having your teen driver enroll in driver’s education if it’s offered in school.
• Pay Upfront and Save – By paying your policy upfront rather than paying in monthly installments you may have a lower total premium amount.
• Active Service Discounts – Having a deployed family member could qualify you for better auto insurance rates.
• Mature Driver Discount – Drivers that qualify as senior citizens could receive a small decrease in premiums for S80 insurance.
• Passive Restraint Discount – Options like air bags or motorized seat belts can qualify for discounts of up to 25% or more.
• Safety Restraint Discount – Requiring all passengers to wear their seat belts can save a little off the medical payments premium.
• Responsible Driver Discount – Insureds without accidents may save up to 50% more for S80 insurance compared to rates paid by drivers with frequent claims.

As a disclaimer on discounts, most credits do not apply to the overall cost of the policy. Some only apply to specific coverage prices like physical damage coverage or medical payments. Just because you may think you could get a free auto insurance policy, you aren’t that lucky.

Auto insurance companies that possibly offer some of the above discounts possibly include:

• Progressive
• MetLife
• Mercury Insurance
• Nationwide
• Geico
• AAA

It’s a good idea to ask each company or agent to give you their best rates. Some of the discounts discussed earlier might not be available to policyholders in your area. If you would like to view auto insurance companies that offer the discounts shown above, click this link.

Do I need special coverages?

When it comes to buying the best car insurance coverage for your vehicles, there isn’t really a cookie cutter policy. Everyone’s situation is unique so your insurance needs to address that. These are some specific questions may help you determine whether your personal situation might need an agent’s assistance.

• Do I have coverage if my license is suspended?
• Do I need medical payments coverage since I have good health insurance?
• Do I need rental car coverage?
• What if I total my 2004 Volvo S80 and owe more than it’s worth?
• Does my policy pay for OEM or aftermarket parts?
• How do I insure my teen driver?
• Do I need an umbrella policy?

If you’re not sure about those questions but one or more may apply to you, you might consider talking to a licensed agent. If you don’t have a local agent, take a second and complete this form or you can also visit this page to select a carrier It’s fast, free and can provide invaluable advice.

Auto insurance coverage basics

Learning about specific coverages of your policy aids in choosing the best coverages and the correct deductibles and limits. Policy terminology can be impossible to understand and even agents have difficulty translating policy wording. Below you’ll find the normal coverages found on the average auto insurance policy.

Collision coverage

This covers damage to your S80 caused by collision with a stationary object or other vehicle. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims like hitting a mailbox, damaging your car on a curb and sustaining damage from a pot hole. 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 save money on collision insurance.

Comprehensive auto coverage

Comprehensive insurance 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 coverage protects against claims such as hail damage, falling objects, hitting a deer, hitting a bird and fire damage. The most you’ll receive from a claim is the actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

Medical payments and PIP coverage

Coverage for medical payments and/or PIP pay for bills such as funeral costs, pain medications, dental work, hospital visits and EMT expenses. They are used to fill the gap from your health insurance policy or if you do not have health coverage. Medical payments and PIP cover all vehicle occupants and also covers if you are hit as a while walking down the street. Personal injury protection coverage is not an option in every state and may carry a deductible

UM/UIM (Uninsured/Underinsured Motorist) coverage

Your UM/UIM coverage gives you protection when other motorists do not carry enough liability coverage. Covered losses include hospital bills for your injuries and damage to your Volvo S80.

Due to the fact that many drivers only carry the minimum required liability limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages is very important.

Liability

Liability insurance will cover damage or injury you incur to people or other property. It protects YOU from claims by other people, and does not provide coverage for your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see policy limits of 25/50/25 which stand for a $25,000 limit per person for injuries, a limit of $50,000 in injury protection per accident, and a limit of $25,000 paid for damaged property.

Liability coverage pays for claims such as repair bills for other people’s vehicles, emergency aid and legal defense fees. How much liability coverage do you need? That is up to you, but it’s cheap coverage so purchase as large an amount as possible.

You can do this!

While you’re price shopping online, make sure you don’t buy lower coverage limits just to save a few bucks. Too many times, an accident victim reduced liability coverage limits and discovered at claim time that the savings was not a smart move. Your objective should be to buy enough coverage at the lowest possible cost while not skimping on critical coverages.

We’ve covered a lot of tips how to compare 2004 Volvo S80 insurance auto insurance rates online. The key thing to remember is the more you quote insurance coverage, the higher your chance of finding cheaper insurance coverage. You may even find the best price on car insurance is with a small local company. Some small companies can often provide lower premium rates in certain areas as compared to the big name companies such as Progressive and Geico.

For more information, take a look at the resources below:

• Older Drivers FAQ (iihs.org)
• Auto Insurance FAQ (Farmers Insurance)
• Collision Insurance Coverage (Nationwide)
• Smart Auto Insurance Tips (Insurance Information Insitute)