2005 Volvo S80 Insurance Cost – 7 Tips for Cheapest Prices

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.

Free auto insurance quotes

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.

Auto Insurance Discounts

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.

  • College Student – Kids who are attending college and don’t have a car may be insured at a cheaper rate.
  • Multi-car Discount – Buying a policy with primary and secondary vehicles on one policy can reduce the rates for all insured vehicles.
  • Discount for Good Grades – Maintaining excellent grades can earn a discount of 20% or more. Most companies allow this discount up to age 25.
  • Defensive Driving Course – Successfully completing a course in defensive driver may get you a small discount and easily recoup the cost of the course.
  • Paperless Signup – A handful of insurance companies provide a small discount for buying a policy and signing up on their website.
  • Low Mileage Discounts – Maintaining low annual mileage could earn lower premium rates due to less chance of an accident.
  • Theft Deterent Discount – Cars equipped with anti-theft or alarm systems help deter theft so companies will give you a small discount.

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:

  • Progressive has discounts for multi-policy, online quote discount, multi-vehicle, continuous coverage, homeowner, and online signing.
  • SAFECO offers discounts including teen safe driver, anti-lock brakes, drive less, bundle discounts, teen safety rewards, accident prevention training, and safe driver.
  • American Family includes discounts for defensive driver, air bags, good student, mySafetyValet, Steer into Savings, early bird, and accident-free.
  • MetLife offers discounts for defensive driver, good driver, good student, claim-free, accident-free, multi-policy
  • GEICO has savings for anti-theft, federal employee, defensive driver, emergency military deployment, multi-policy, and five-year accident-free.
  • The Hartford policyholders can earn discounts including air bag, vehicle fuel type, good student, defensive driver, driver training, and anti-theft.

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.

Tailor your car insurance coverage to you

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.

  • Do I need motorclub coverage?
  • Am I covered when pulling a rental trailer?
  • If I drive on a suspended license am I covered?
  • What is medical payments coverage?
  • What is the minimum liability in my state?
  • Do I pay less if my vehicle is kept in my garage?

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.

Car insurance coverages for a 2005 Volvo S80

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.

Uninsured or underinsured coverage

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.

Collision coverage

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.

Comprehensive protection

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.

Liability auto insurance

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.

Medical expense coverage

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

Comments About 2005 Volvo S80 Insurance

  1. Laurette Stein

    Affordable car insurance is a myth. Found cheapest coverage with Mercury for my 2005 Volvo S80 and saved about $500 a year. God forbid I actually have a claim.

  2. Toya Chambers

    Proud to be from Mobile, AL. I quoted with MetLife, Eastwood, Progressive, and American Family for my 2005 Volvo S80 and saved around $280 a year. Left Esurance to switch. Moved home policy as well. Still almost need a second mortgage.

  3. Bessie Jennings

    If you have a good history and live around Concord, NH, check out GEICO. You might get cheaper rates. Even increased my liability limits.

  4. Lesley Houston

    It all costs too much. I live in a small town just outside of Salem, Oregon. I quoted with The General, American Family, Mercury, and a couple others for my Volvo and saved $481 a year. Have an at-fault accident tho.

  5. Audria Williamson

    I got quite a few price quotes for a 2005 Volvo S80 in Manchester, NH. Ended up at darn near $260 every six months with AAA. Left Mercury to switch. They were helpful in switching over.

  6. Devin Mills

    2005 Volvo S80 + 21st Century = CHEAP! At least inMissouri anyway.

  7. Melida Morton

    Great info, thanks for posting. From northwest of Gaithersburg, Maryland. Received prices from Liberty Mutual, American Family, Nationwide, and a couple others for my S80 and saved just over $570 a year. Even increased my liability limits. Just waiting to see how claims go.

  8. Jaimie Hebert

    I got decent rates for a 2005 Volvo S80 in Los Angeles, CA. Ended up at right around $390 every six months with AIG Insurance. Insured with GEICO before. Good savings if you bundle.

  9. September Paul

    Can I get replacement cost coverage for a 2005 Volvo S80?

  10. Elli Newton

    Liked the article. Found cheapest coverage with Esurance for my 2005 Volvo S80 and cut my rates about $540 a year. Insured with GEICO before. They have free quotes online.

  11. Sharen Salinas

    I got decent rates for a 2005 Volvo S80 in Tampa, Florida. Ended up at roughly $560 every six months with American Family. Highly recommended.

  12. Travis Cooper

    If you have a good history and live near Virginia Beach, VA, check out Progressive. I saved quite a bit. :)

  13. Stefani Holman

    I got a good deal I think. I live east of Lexington, KY. Checked online prices for a 2005 Volvo S80. Ended up at about $480 savings annually. Went with Allstate. Left Erie to switch. :)

  14. Ardelia Frank

    I’m from Philadelphia, PA. Received rates from Allstate, Amica, and Esurance for my 2005 Volvo S80 and saved just over $210 a year. Insured with Travelers before.

  15. Sam Mejia

    I can’t pay high rates. I live just outside Saint Paul, Minnesota. Received quotes from 21st Century, The General, and Encompass for my 2005 Volvo S80 and I think I saved around $40 each month.