View 2006 Volvo S60 Car Insurance Rates

Finding cheaper insurance for a new or used Volvo S60 can be a lot of work, but you can learn these tips to save time.

There are more efficient ways to shop for car insurance and we’ll show you the absolute fastest way to quote coverages for a Volvo and locate the cheapest rates from both online companies and local agents.

If you have insurance now or need new coverage, you can use these techniques to get lower rates while maximizing coverage. Pricing the lowest cost car insurance coverage can be fairly easy. Drivers just need to understand the tricks to get comparison quotes on the web.

The method we recommend to compare car insurance company rates takes advantage of the fact most insurance companies actually pay money for the chance to give you rate quotes. The only thing you need to do is take a few minutes to give details such as if you’re married, your credit rating estimate, how your vehicles are used, and coverage limits. That information is submitted instantly to multiple different insurance companies and they return cost estimate within a short period of time.

To start a rate quote now, click here and find out if lower rates are available.

Insurance coverage companies are expert advertisers

Consumers can’t get away from all the ads that claim the lowest prices from companies such as Allstate and Progressive. They all tend to make the same promise that drivers will save a bundle after switching your policy.

But how can every company lower your prices? It’s all in the wording.

Insurance providers give the best rates for the type of driver that will not have excessive claims. A good example of this type of risk profile may be between the ages of 30 and 45, has a clear driving record, and drives a lower-performance vehicle. Anyone who fits that profile receive the lowest rate quotes and most likely will save quite a bit of money when switching.

Insureds who cannot meet those standards will see higher premium rates and ends up with the customer not buying. The trick is to say “drivers who switch” but not “everyone who gets a quote” save that much money. That’s why insurance companies can confidently make the claims of big savings.

That is why it’s extremely important to compare quotes as often as possible. It is impossible to guess the company that will have the lowest rates.

Five things that influence your insurance prices

Many things are part of the calculation when pricing auto insurance. Most are fairly basic such as your driving record, but others are more transparent such as your marital status or how financially stable you are.Part of the car insurance buying process is learning the factors that come into play when calculating the level of your policy premiums. When you know what positively or negatively positively or negatively impacts your premiums, this enables informed choices that can help you get big savings.

• Cheaper rates after marriage – Walking down the aisle may save some money when shopping for car insurance. It usually means you are more mature and responsible and statistics prove married couples file fewer claims.
• File claims and pay more – If you tend to file frequent claims, you can pretty much guarantee either higher rates or even cancellation. Companies award better rates to policyholders who do not rely on their insurance for small claims. Auto insurance is meant to be used in the event of claims that pose a financial burden.
• Lower premiums with alarm systems – Buying a car with a theft deterrent system can help bring down rates. Advanced theft deterrents such as LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all hinder your car from being stolen.
• High credit scores equal low prices – Having a bad credit score will be a significant factor in determining what you pay. Insureds that have high credit scores tend to be less risk to insure than drivers who have lower credit ratings. Therefore, if your credit history is not that good, you could potentially save money when insuring your 2006 Volvo S60 if you clean up your credit.
• Better prices for uninterrupted coverage – Driving your car without having proper coverage is illegal and companies may charge more for letting your insurance coverage expire. And not only will insurance be more expensive, failure to provide proof of insurance will get you fines and jail time. You may then have to submit proof of financial responsibility or a SR-22 with your state motor vehicle department.

Cheap insurance coverage rates with discounts

Some companies don’t always list all possible discounts in a way that’s easy to find, so the next list breaks down both the well known and the harder-to-find discounts that you can inquire about if you buy insurance coverage online.

• ABS and Traction Control Discounts – Cars that have steering control and anti-lock brakes are much safer to drive and will save you 10% or more.
• Good Grades Discount – Maintaining excellent grades can be rewarded with saving of up to 25%. Most companies allow this discount up to age 25.
• Student Discount for Driver Training – Reduce the cost of insurance for teen drivers by having them enroll in driver’s education if offered at their school.
• Save with More Vehicles Insured – Having more than one vehicle on the same insurance coverage policy can get a discount for every vehicle.
• One Accident Forgiven – This one is not really a discount per se, but a handful of insurance companies may permit one accident before hitting you with a surcharge if you have no claims before the accident.

One thing to note about discounts is that most credits do not apply the the whole policy. Some only apply to the cost of specific coverages such as physical damage coverage or medical payments. Just because it seems like adding up those discounts means a free policy, you aren’t that lucky.

Some of the larger companies who may offer these benefits include:

• Geico
• SAFECO
• State Farm
• MetLife
• 21st Century
• Progressive

When comparing rates, check with each insurance company which discounts can lower your rates. Depending on the company, some discounts may not be available in your state. To choose providers that offer discounts, click here to view.

Tailor your car insurance coverage to you

When choosing coverage, there isn’t really a perfect coverage plan. Each situation is unique.

For instance, these questions may help highlight if your situation would benefit from an agent’s advice.

• Should I sign the liability waiver when renting a car?
• Do I have coverage when pulling a U-Haul trailer?
• Is my 2006 Volvo S60 covered for smoke damage?
• How do I buy GAP insurance?
• Why am I be forced to buy a membership to get insurance from some companies?
• How can I get my company to pay me more for my totalled car?
• Should I buy more coverage than the required minimum liability coverage?
• Is my teen driver covered when they drive my company car?
• Do I get a pro-rated refund if I cancel my policy early?

If you don’t know the answers to these questions, then you may want to think about talking to an agent. To find lower rates from a local agent, fill out this quick form. It’s fast, free and can provide invaluable advice.

Specific coverages for a 2006 Volvo S60

Having a good grasp of insurance aids in choosing the right coverages at the best deductibles and correct limits. Policy terminology can be confusing and reading a policy is terribly boring.

Medical payments coverage and PIP

Med pay and PIP coverage pay for short-term medical expenses such as rehabilitation expenses, prosthetic devices, funeral costs, chiropractic care and X-ray expenses. They are used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover you and your occupants as well as getting struck while a pedestrian. PIP is not an option in every state and may carry a deductible

Liability

This protects you from damage or injury you incur to people or other property. This coverage protects you against claims from other people. It does not cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see limits of 25/50/25 which means a limit of $25,000 per injured person, a total of $50,000 of bodily injury coverage per accident, and $25,000 of coverage for damaged propery. Another option is a combined limit that pays claims from the same limit with no separate limits for injury or property damage.

Liability can pay for claims such as structural damage, emergency aid, bail bonds and funeral expenses. How much coverage you buy is up to you, but consider buying as large an amount as possible.

Comprehensive coverage

Comprehensive insurance will pay to fix damage from a wide range of events other than collision. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive can pay for things like damage from flooding, rock chips in glass, theft, damage from a tornado or hurricane and fire damage. The most a insurance company will pay at claim time is the actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Uninsured/Underinsured Motorist coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when the “other guys” are uninsured or don’t have enough coverage. It can pay for injuries sustained by your vehicle’s occupants and also any damage incurred to your Volvo S60.

Since many drivers only carry the minimum required liability limits, their limits can quickly be used up. This is the reason having UM/UIM coverage should not be overlooked. Frequently these limits are similar to your liability insurance amounts.

Collision coverage

This coverage pays to fix your vehicle from damage from colliding with another vehicle or an object, but not an animal. You have to pay a deductible then your collision coverage will kick in.

Collision insurance covers claims like crashing into a ditch, hitting a mailbox and sideswiping another vehicle. This coverage can be expensive, so you might think about dropping it from older vehicles. Drivers also have the option to choose a higher deductible to bring the cost down.

More quotes mean more savings

Cheap 2006 Volvo S60 insurance is available online as well as from independent agents, so you need to shop insurance coverage with both so you have a total pricing picture. A few companies do not provide the ability to get a quote online and many times these smaller companies only sell through independent insurance agents.

As you restructure your insurance plan, it’s not a good idea to buy poor coverage just to save money. There are many occasions where someone dropped physical damage coverage only to find out that the small savings ended up costing them much more. Your focus should be to purchase plenty of coverage for the lowest cost while not skimping on critical coverages.

We covered a lot of information how to compare 2006 Volvo S60 insurance auto insurance rates online. The key concept to understand is the more rate quotes you have, the better likelihood of getting low cost insurance coverage. You may even discover the lowest priced car insurance comes from a smaller regional carrier.

Additional learning opportunities

• How Much Auto Coverage do I Need? (Insurance Information Insitute)
• Avoiding Deer Collisions (Insurance Information Insitute)
• Safety Belts FAQ (iihs.org)
• Prepare your Teens for Safe Driving (InsureUonline.org)