Save on 2006 Volvo S40 Insurance Quotes

Want better insurance coverage rates for your Volvo S40? Having to pay for overpriced Volvo S40 insurance can eat up your savings account and force you to make sacrifices. Comparing cost estimates can lower your rates and help to lower your monthly bill.

Since you have so many insurance coverage companies to choose from, it’s nearly impossible to locate the most cost effective insurance company.

It is always a good idea to get comparison quotes yearly since insurance prices change regularly. If you had the lowest rate for S40 insurance six months ago the chances are good that you can find a lower premium rate today. You can find a lot of information about insurance coverage online, but in a few minutes you can learn some excellent ideas to save money.

Choosing the best insurance company for you is not that difficult. If you have car insurance now, you should be able to cut costs considerably using these methods. But drivers do need to learn the way insurance companies market on the web and apply this information to your search.

Lower the price of car insurance with these tips

It’s important that you understand a few of the rating criteria that aid in calculating the rates you pay for car insurance. If you understand what controls the rates you pay, this enables you to make decisions that may result in big savings. Many different elements are part of the equation when quoting car insurance. Some of the criteria are obvious such as your driving history, but other criteria are not quite as obvious such as your credit history or your vehicle rating.

  • Small claims can cost you – Companies award better rates to policyholders who are claim-free. If you frequently file small claims, you can definitely plan on increased rates or even have your policy non-renewed. Your car insurance is designed for major claims that would cause financial hardship.
  • Does your occupation raise your prices? – Did you know that where you work can have an impact on rates? Occupations like lawyersairline pilots and dentists tend to pay higher average rates attributed to intense work-related stress and extremely grueling work hours. Other occupations like scientists, students and the unemployed get better rates for S40 insurance.
  • Big cities have higher prices – Having an address in less populated areas of the country can save you money when shopping for auto insurance. Less people means reduced accidents as well as less vandalism and auto theft. City drivers tend to have more aggressive driving styles and longer commutes to work. More time commuting can result in more accidents.
  • Where do you drive? – Driving more miles each year the more you will pay for car insurance. Many insurance companies calculate prices based upon how much you drive. Autos that sit idle most of the time get more affordable rates than those used for commuting. An improperly rated S40 may be costing you higher rates. It’s always a good idea to double check that your car insurance policy reflects the correct driver usage, because it can save money.
  • No policy lapses saves money – Not having insurance is illegal and you may have a hard time finding new coverage because you let your insurance lapse. Not only will rates go up, failure to provide proof of insurance can result in a revoked license or a big fine.
  • Eliminate extra policy coverages – Policies have add-on coverages that sound like a good idea at the time but may not be useful. Add-on coverages like roadside assistance, accidental death, and Farm Bureau memberships may be costing you every month. They may sound like good ideas initially, but if you have no use for them eliminate them to save money.

Discounts for affordable insurance rates

Companies don’t always list all available discounts very clearly, so the below list has some of the best known and also the more inconspicuous insurance savings.

  • Student Driver Training – Teen drivers should successfully complete driver’s ed class if offered at their school.
  • Driver Training Discounts – Taking a course in defensive driving could earn you a small percentage discount and easily pay for the cost of the class.
  • Distant Student Discount – Children living away from home attending college and do not take a car to college may be able to be covered for less.
  • Discounts for New Vehicles – Insuring a vehicle that is new can be considerably cheaper because new model year vehicles are generally safer.
  • Air Bags and Passive Restraints – Vehicles equipped with air bags or automatic seat belts may qualify for discounts of 20% or more.
  • Auto/Life Discount – If the company offers life insurance, you could get a break if you buy a life insurance policy as well.
  • Accident-Free Discounts – Drivers who stay claim-free can earn big discounts compared to policyholders that have many claims.

Discounts save money, but please remember that most discount credits are not given the the whole policy. A few only apply to specific coverage prices like comprehensive or collision. If you do the math and it seems like you could get a free insurance policy, insurance companies aren’t that generous.

Larger insurance companies and their offered discounts are:

  • State Farm may offer discounts for multiple autos, Drive Safe & Save, accident-free, good student, defensive driving training, passive restraint, and safe vehicle.
  • Progressive has savings for multi-policy, continuous coverage, multi-vehicle, homeowner, and online quote discount.
  • Progressive offers discounts for online signing, good student, multi-vehicle, homeowner, online quote discount, multi-policy, and continuous coverage.
  • MetLife discounts include good student, defensive driver, multi-policy, good driver, accident-free, and claim-free.
  • Farm Bureau offers premium reductions for good student, multi-policy, multi-vehicle, renewal discount, and 55 and retired.
  • Geico may have discounts that include multi-policy, seat belt use, membership and employees, multi-vehicle, federal employee, five-year accident-free, and emergency military deployment.
  • SAFECO may include discounts for teen safe driver, teen safety rewards, safe driver, accident prevention training, homeowner, and drive less.

When comparing rates, check with every prospective company which credits you are entitled to. All car insurance discounts may not be offered in your area. If you would like to see a list of companies with significant discounts, click here to view.

The ad said I’d save $464 a year!

Insurance coverage companies such as 21st Century, Allstate and State Farm continually stream ads on TV and radio. All the companies convey the message that drivers will save a bundle if you switch your insurance coverage policy to them. But how can every company have lower policy pricing? It’s all in the numbers.

Many companies have a certain “appetite” for the type of driver that will not have excessive claims. One example of this type of driver could possibly be a married female, has no tickets, and drives a lower-performance vehicle. A propective insured who matches those parameters will qualify for the lowest premium rates and as a result will probably save when switching.

Consumers who do not match those standards must pay higher premiums and ends up with business not being written. Company advertisements say “people that switch” not “everybody who quotes” can save as much as they claim. That is how companies can claim big savings. Because of these techniques, you should get car insurance quotes as often as possible. Because you never know the company that will be your best fit.

Tailor your insurance coverage coverage to you

When it comes to choosing the best insurance coverage coverage for your vehicles, there really is no “perfect” insurance plan. Everyone’s situation is unique so this has to be addressed. These are some specific questions can help discover if your situation could use an agent’s help.

  • Are rock chip repairs covered?
  • Why does it cost so much to insure a teen driver?
  • I don’t drive much so do I pay less?
  • Should I have a commercial auto policy?
  • If my pet gets injured in an accident are they covered?
  • Am I covered when delivering products for my home-based business?
  • Why do I need rental car insurance?
  • Are my friends covered when driving my car?
  • What can I do if my company denied a claim?

If it’s difficult to answer those questions but you know they apply to you, you might consider talking to a licensed agent. If you want to speak to an agent in your area, fill out this quick form or you can also visit this page to select a carrier

Specific coverage details

Understanding the coverages of a insurance policy can help you determine the right coverages and the correct deductibles and limits. The coverage terms in a policy can be ambiguous and nobody wants to actually read their policy. Shown next are the normal coverages found on the average insurance policy.

Comprehensive auto coverage

Comprehensive insurance covers damage OTHER than collision with another vehicle or object. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims like a broken windshield, hitting a deer, damage from flooding and damage from a tornado or hurricane. The most you can receive from a comprehensive claim is the actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

Auto liability insurance

This protects you from damage that occurs to a person or their property that is your fault. This coverage protects you against other people’s claims, and does not provide coverage for your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have liability limits of 50/100/50 which stand for $50,000 bodily injury coverage, a limit of $100,000 in injury protection per accident, and a total limit of $50,000 for damage to vehicles and property.

Liability coverage protects against claims like repair costs for stationary objects, structural damage, loss of income and court costs. How much coverage you buy is your choice, but it’s cheap coverage so purchase higher limits if possible.

Medical payments and PIP coverage

Coverage for medical payments and/or PIP provide coverage for expenses like doctor visits, surgery, chiropractic care and pain medications. They can be used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. They cover not only the driver but also the vehicle occupants and will also cover any family member struck as a pedestrian. Personal injury protection coverage is not available in all states but can be used in place of medical payments coverage

UM/UIM (Uninsured/Underinsured Motorist) coverage

Uninsured or Underinsured Motorist coverage gives you protection when other motorists are uninsured or don’t have enough coverage. Covered claims include injuries to you and your family as well as your vehicle’s damage.

Because many people only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is a good idea.

Collision insurance

This coverage covers damage to your S40 resulting from a collision with another car or object. You have to pay a deductible and then insurance will cover the remainder.

Collision can pay for claims such as sideswiping another vehicle, hitting a mailbox, colliding with a tree, crashing into a building and sustaining damage from a pot hole. Collision is rather expensive coverage, so consider removing coverage from vehicles that are 8 years or older. Another option is to raise the deductible to bring the cost down.

What is YOUR best insurance company?

Lower-priced 2006 Volvo S40 insurance is available from both online companies as well as from independent agents, so you need to shop car insurance with both so you have a total pricing picture. A few companies do not provide online rate quotes and usually these regional carriers prefer to sell through independent insurance agents.

Throughout this article, we presented some good ideas how to get a better price on 2006 Volvo S40 insurance. The most important thing to understand is the more you quote car insurance, the better your chances of lowering your premium rates. You may be surprised to find that the lowest car insurance rates come from some of the smallest insurance companies. Smaller companies may cover specific market segments cheaper than their larger competitors like Allstate or State Farm.

Additional detailed information can be found in these articles:

Comments About 2006 Volvo S40 Insurance

  1. Hyacinth Cooper

    If you have a good history and live around Virginia Beach, Virginia, check out 21st Century. I saved quite a bit. Was with AAA. They have free quotes online.

  2. Johnetta Duke

    Just my two cents. Lifelong resident of Allentown, Pennsylvania. Got quotes from MetLife, Farmers, Allstate, and American Family for my S40 and saved about $540 a year. Left AAA to switch. BTW speeding tickets are not good.

  3. Dawne Nielsen

    I was with Liberty Mutual last year but switched to Progressive. I live in a small town just outside of Springfield, Missouri. Switched homeowners coverage too.

  4. Tiffiny Petty

    I found affordable 2006 Volvo S40 insurance from Allstate in Shreveport, LA.

  5. Chrissy Mcdaniel

    Live in the northern part of Jersey City, NJ, and 21st Century rates were best. My new agent seems to be really good.

  6. Gisela Lawson

    Like your site, BTW. Went with Encompass for my Volvo and saved about $450 a year. I think they have home insurance too.

  7. Lecia Logan

    I’m looking for cheaper coverage. I’m in Jersey City, NJ. Quoted with State Farm, Auto-Owners, and some I forget for my Volvo and saved just over $350 a year. Insured with Western Auto Insurance before. Are quotes cheaper online?

  8. Tania Gilliam

    Like your site, BTW. I’m in the suburbs of Raleigh, NC. Quoted prices online for a 2006 Volvo S40. Ended up at about $290 savings annually. Went with 21st Century. Insured with Liberty Mutual before. Got better coverage too. Are quotes cheaper online?