2006 Volvo C70 Car Insurance Cost – 6 Ideas for Cheapest Prices

Are you drained from wondering where the money will come from to pay your insurance bill each month? You’re in the same situation as most other consumers.

Popular companies such as Geico, Progressive and Allstate persitently shower you with advertising and it is challenging if not impossible to see through the cute green geckos and mayhem and take the time to shop coverage around.

If you currently have a car insurance policy, you will be able to lower your premiums substantially using these methods. Choosing the best insurance company for you is quite easy. Nevertheless, consumers need to learn the way companies price insurance differently and take advantage of how the system works.

How much does insurance coverage cost?

When comparison shopping, there are several ways to compare rate quotes from lots of insurance coverage companies. One of the best ways to find the cheapest 2006 Volvo C70 insurance rates is to get quotes online. This is very easy and can be done by using one of the methods below.

• The first (and easiest) way to find the lowest comparison rates is to use a rate comparison form (click to open form in new window). This form saves time by eliminating a different quote for every prospective company. A single, simple form will get you rate comparisons instantly.
• A slightly less efficient method to find lower rates requires a visit to each individual company website and fill out a new quote form. For instance, let’s assume you want comparison quotes from Liberty Mutual, Allstate and Travelers. In order to compare rates, you need to go to each individual site and repeatedly enter your information, and that’s why the first method is more popular. For a handy list of car insurance company links in your area, click here.
• The old school way to do your price quoting is to spend time driving to insurance agents’ offices. The ability to buy insurance online can eliminate the need for a local agent unless your situation requires the professional advice of an agent trained in personal lines coverage. Some companies do allow you to price shop your coverage online and have a local agent actually service the policy.

Whichever method you choose, do your best to use the exact same coverage information for every company. If you enter unequal deductibles or liability limits it’s not possible to find the best deal for your Volvo C70. Even a minor difference in insurance coverages or limits may result in a large different in cost. And when comparing insurance coverage rates, know that obtaining a wide range of quotes helps increase your odds of locating better pricing.

Insurance myths debunked

Insurance companies such as 21st Century, Allstate and State Farm continually stream television and radio advertisements. They all seem to make the point that you can save if you change your policy. But how can every company say the same thing? You have to listen carefully.

Insurance companies have a certain “appetite” for the type of customer that will add to their bottom line. For example, a driver they prefer should be over the age of 35, has a low-risk occupation, and drives less than 10,000 miles a year. A driver that fits those parameters will get low prices and as a result will probably save some money.

Insureds who don’t measure up to the ideal profile will be quoted more expensive rates which leads to the driver buying from a lower-cost company. The ads state “customers who switch” not “everybody who quotes” can get the lowest rates when switching. This is how companies can state the savings.

This emphasizes why you really should get price quotes at each policy renewal. Because without a comparison, you cannot know which company will have the best premium rates.

Earn discounts on insurance coverage

Some insurers don’t list the entire discount list very well, so we break down a few of the more common and also the lesser-known credits available to lower your premiums when you buy auto insurance online.

• Multi-policy Discount – If you have multiple policies and place coverage with the same company they may give you a discount of over 10 percent off each policy depending on the company.
• Online Discount – Certain companies provide a small discount for signing up digitally online.
• Lower Rates for Military – Having an actively deployed family member could trigger a small discount.
• Drivers Education – Teen drivers should complete a driver education course in school or through a local driver safety program.
• Multiple Cars – Drivers who insure multiple cars with the same insurance coverage company can reduce the rates for all insured vehicles.
• Discount for Passive Restraints – Options like air bags and/or automatic seat belt systems could see savings as much as 30%.

Don’t be shocked that some of the credits will not apply the the whole policy. A few only apply to the cost of specific coverages such as physical damage coverage or medical payments. Even though it may seem like it’s possible to get free car insurance, it just doesn’t work that way.

A list of insurance coverage companies and some of the discounts are outlined below.

• Mercury Insurance may have discounts that include type of vehicle, location of vehicle, annual mileage, accident-free, and age of vehicle.
• Farmers Insurance may offer discounts for business and professional, mature driver, bundle discounts, early shopping, and good student.
• Farm Bureau offers discounts including multi-vehicle, safe driver, multi-policy, youthful driver, and renewal discount.
• State Farm offers premium reductions for safe vehicle, passive restraint, accident-free, Drive Safe & Save, student away at school, defensive driving training, and anti-theft.
• Allstate offers discounts for safe driver, anti-theft, multi-policy, FullPay discount, auto/life discount, economy car, and farm vehicle.
• Geico includes discounts for daytime running lights, seat belt use, federal employee, driver training, and five-year accident-free.

When quoting, ask each company which discounts can lower your rates. Some of the discounts discussed earlier may not be available in your state. To locate providers who offer discounts, follow this link.

Tailor your car insurance coverage to you

When choosing adequate coverage, there really is not a perfect coverage plan. Everyone’s situation is a little different so this has to be addressed. Here are some questions about coverages that may help you determine if your insurance needs would benefit from professional advice.

• Am I covered when using my vehicle for business?
• Should I get collision insurance on every vehicle?
• Will filing a claim cost me more?
• Do I have coverage if my license is suspended?
• Can I afford to pay high deductible claims out of pocket?
• Should I buy full coverage?
• Am I covered if I break a side mirror?
• Does my insurance cover damage caused when ticketed for reckless driving?

If it’s difficult to answer those questions but you know they apply to you, you may need to chat with an agent. If you don’t have a local agent, take a second and complete this form or click here for a list of car insurance companies in your area.

Specifics of your insurance policy

Knowing the specifics of your insurance policy aids in choosing appropriate coverage and proper limits and deductibles. Insurance terms can be ambiguous and reading a policy is terribly boring. Listed below are the normal coverages found on most insurance policies.

Uninsured or underinsured coverage

This coverage protects you and your vehicle from other drivers when they either have no liability insurance or not enough. This coverage pays for medical payments for you and your occupants and damage to your Volvo C70.

Since a lot of drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage should not be overlooked. Most of the time these coverages are set the same as your liablity limits.

Liability coverage

Liability coverage will cover damage or injury you incur to a person or their property. It consists of three limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have values of 50/100/50 that translate to a limit of $50,000 per injured person, $100,000 for the entire accident, and property damage coverage for $50,000. Occasionally you may see one limit called combined single limit (CSL) which limits claims to one amount without having the split limit caps.

Liability can pay for claims such as attorney fees, repair bills for other people’s vehicles, court costs and bail bonds. The amount of liability coverage you purchase is your choice, but consider buying as much as you can afford.

Collision insurance

This will pay to fix damage to your C70 caused by collision with another vehicle or an object, but not an animal. You will need to pay your deductible and then insurance will cover the remainder.

Collision insurance covers claims like crashing into a ditch, sideswiping another vehicle and hitting a parking meter. This coverage can be expensive, so you might think about dropping it from vehicles that are 8 years or older. You can also bump up the deductible to save money on collision insurance.

Medical expense coverage

Coverage for medical payments and/or PIP provide coverage for immediate expenses such as prosthetic devices, X-ray expenses, pain medications, funeral costs and rehabilitation expenses. They can be used in conjunction with a health insurance policy or if you lack health insurance entirely. Coverage applies to not only the driver but also the vehicle occupants as well as being hit by a car walking across the street. PIP coverage is not available in all states but can be used in place of medical payments coverage

Comprehensive protection

Comprehensive insurance will pay to fix damage caused by mother nature, theft, vandalism and other events. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for claims such as a broken windshield, hitting a deer and a tree branch falling on your vehicle. The maximum payout you can receive from a comprehensive claim is the actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Money doesn’t grow on trees

Affordable 2006 Volvo C70 insurance is possible from both online companies and with local insurance agents, and you should compare price quotes from both to have the best chance of lowering rates. A few companies do not offer rate quotes online and usually these regional carriers sell through independent agents.

We just covered many ideas to save on 2006 Volvo C70 insurance. It’s most important to understand that the more times you quote, the better chance you’ll have of finding inexpensive auto insurance. You may even find the best rates are with a lesser-known regional company. They may have significantly lower car insurance rates on certain market segments than their larger competitors like Progressive and Geico.

To read more, feel free to browse these articles:

• Teen Driving Statistics (Geico)
• Alcohol Impaired Driving FAQ (iihs.org)
• How Can I Save Money on Auto Insurance? (Insurance Information Insitute)
• Your Car has been Stolen: Now What? (Allstate)
• Insurance Losses by Make and Model (iihs.org)
• Tools for Teen Driving Safety (State Farm)