Want the cheapest auto insurance rates for your Volvo S80? Are you drained from paying out the nose to insure your Volvo every month? You are in the same boat as millions of other consumers.
Big companies like State Farm and Geico persitently shower you with catchy ads and it can be hard to see through the deception and do the work needed to find the best deal.
Comparing auto insurance rates is a ton of work if you aren’t aware of the most efficient way. You can spend countless hours talking to local insurance agents in your area, or you can utilize online quoting to quickly compare rates.
Most car insurance companies belong to an insurance system where insurance shoppers send in one quote, and each company can provide price quotes determined by their information. This eliminates the need for repetitive form submissions to each individual auto insurance company.
To find out how much you’re overpaying now click here to start a free quote.
The only drawback to using this type of form is you cannot specify which carriers to get quotes from. So if you want to choose specific providers to receive pricing from, we have assembled a list of low cost auto insurance companies in your area. Click here for list of insurance companies.
Which method you use is up to you, but try to keep the same deductibles and coverage limits on every price quote you get. If each company quotes mixed coverages it’s not possible to determine which company has the best rates. Just slight variations in coverage limits may result in a large different in cost. And when comparison shopping, comparing more rates from different companies increases the change that you will find the best offered rates. Some insurance companies are not set up to provide online quotes, so you should also compare quotes on coverage from those companies, too.
Insuring your vehicles can cost a lot, but you may find discounts to cut the cost considerably. Many of these discounts will be applied automatically when you get a quote, but some discounts are required to be specially asked for before they will apply.
Just know that most discounts do not apply to the entire cost. Most only apply to individual premiums such as medical payments or collision. If you do the math and it seems like all those discounts means the company will pay you, auto insurance companies aren’t that generous.
Larger auto insurance companies and the discounts they provide include:
Double check with all the companies which discounts can lower your rates. Savings might not apply in every state. To see a list of insurance companies with the best discounts, click this link.
When it comes to choosing the best car insurance coverage for your vehicles, there is no best way to insure your cars. Coverage needs to be tailored to your specific needs so your insurance should reflect that These are some specific questions can help discover if you may require specific advice.
If you can’t answer these questions, then you may want to think about talking to a licensed insurance agent. If you don’t have a local agent, complete this form or you can go here for a list of companies in your area.
Learning about specific coverages of your policy can help you determine the right coverages and proper limits and deductibles. Policy terminology can be difficult to understand and even agents have difficulty translating policy wording. Below you’ll find typical coverage types found on the average car insurance policy.
This coverage protects you and your vehicle’s occupants from other drivers when they either have no liability insurance or not enough. This coverage pays for injuries to you and your family as well as your vehicle’s damage.
Because many people only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. So UM/UIM coverage should not be overlooked.
This pays for damage to your S80 from colliding with another car or object. You will need to pay your deductible and then insurance will cover the remainder.
Collision coverage protects against things like hitting a parking meter, colliding with another moving vehicle, scraping a guard rail and backing into a parked car. Collision is rather expensive coverage, so consider removing coverage from vehicles that are 8 years or older. Drivers also have the option to raise the deductible to bring the cost down.
This pays for damage from a wide range of events other than collision. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage protects against claims such as theft, vandalism, rock chips in glass and damage from flooding. The maximum payout you can receive from a comprehensive claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.
This can cover damage that occurs to people or other property by causing an accident. Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show limits of 100/300/100 which stand for a limit of $100,000 per injured person, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property.
Liability can pay for claims like medical services, structural damage, legal defense fees and medical expenses. The amount of liability coverage you purchase is your choice, but it’s cheap coverage so purchase as large an amount as possible.
Personal Injury Protection (PIP) and medical payments coverage pay for short-term medical expenses for pain medications, surgery, prosthetic devices and funeral costs. The coverages can be used to fill the gap from your health insurance plan or if you are not covered by health insurance. It covers not only the driver but also the vehicle occupants and also covers being hit by a car walking across the street. Personal injury protection coverage is not universally available but can be used in place of medical payments coverage