2007 Volvo S80 Car Insurance Quotes

Looking for cheaper auto insurance rates for your Volvo S80? If price shopping insurance quotes online is new to you, there’s a good chance you are overwhelmed by the sheer number of insurers all promising to save you money.

It is always a good idea to shop coverage around before your next renewal because prices are rarely the same from one policy term to another. Just because you found the lowest quotes for S80 coverage a few years ago you can probably find a better rate now. Block out anything you think you know about auto insurance because it’s time to teach you the only way to save money, get proper coverage and the best rates.

Finding the best rates is quite easy. If you currently have a car insurance policy, you will most likely be able to reduce your rates substantially using these tips. Nevertheless, vehicle owners can benefit by having an understanding of the methods companies use to compete online and use this information to your advantage.

Get lower-cost insurance coverage with discounts

Insurance coverage is not an enjoyable expense, but you might already qualify for some discounts that many consumers don’t even know exist. Certain discounts will be triggered automatically at the time of purchase, but some must be specially asked for in order for you to get them.

• Multiple Cars – Buying a policy with more than one vehicle on one policy can reduce the rates for all insured vehicles.
• Pay Now and Pay Less – By making one initial payment rather than spreading payments over time you can avoid monthly service charges.
• Discounts for Government Workers – Federal government employees can save as much as 8% for S80 coverage with a few insurance coverage companies.
• Discounts for Responsible Drivers – Accident-free drivers can get discounts for up to 45% lower rates for S80 coverage compared to accident prone drivers.
• Good Student – Performing well in school can be rewarded with saving of up to 25%. The good student discount can last up until you turn 25.
• Low Mileage – Keeping the miles down on your Volvo may enable drivers to earn discounted premium rates on garaged vehicles.
• Braking Control Discount – Cars, trucks, and SUVs that have anti-lock braking systems have fewer accidents so companies give up to a 10% discount.
• Active Military Service – Being deployed in the military could be rewarded with lower prices.
• Bundled Policy Discount – If you insure your home and vehicles and insure them both with the same insurance company you could earn a discount of over 10 percent off each policy depending on the company.
• Passive Restraint Discount – Vehicles equipped with air bags can receive discounts up to 30%.

While discounts sound great, it’s important to understand that most of the big mark downs will not be given the the whole policy. Some only reduce individual premiums such as comp or med pay. Just because it seems like all the discounts add up to a free policy, it’s just not the way it works.

Large insurance coverage companies and some of the discounts include:

• Progressive policyholders can earn discounts including good student, homeowner, online quote discount, multi-vehicle, multi-policy, and online signing.
• Farmers Insurance may have discounts that include early shopping, distant student, alternative fuel, multi-car, and bundle discounts.
• Farm Bureau may offer discounts for safe driver, driver training, good student, multi-vehicle, multi-policy, and youthful driver.
• State Farm offers discounts for defensive driving training, good driver, safe vehicle, student away at school, passive restraint, and multiple autos.
• Geico has discounts for air bags, anti-theft, driver training, five-year accident-free, anti-lock brakes, multi-vehicle, and federal employee.
• SAFECO offers premium reductions for drive less, bundle discounts, anti-lock brakes, homeowner, teen safe driver, teen safety rewards, and multi-car.
• Liberty Mutual offers discounts including newly married, newly retired, multi-policy, new vehicle discount, and hybrid vehicle.

If you want inexpensive insurance quotes, ask every company how many discounts you can get. Some credits may not be available in your state. To see insurers offering insurance coverage discounts, click this link.

How to lower your insurance coverage cost

There are multiple methods you can shop for insurance coverage and some are more efficient than others. You can waste hours talking about coverages with insurance agencies in your area, or you can utilize the web to quickly compare rates.

All the larger companies belong to a marketplace where prospective buyers submit their information once, and every company then gives them pricing determined by their information. This system prevents you from having to do form submissions for each company.

To compare rates now click here (opens in new window).

The single downside to comparing rates this way is you cannot specify which carriers to get pricing from. If you would rather choose from a list of companies to compare, we have a listing of insurance coverage companies in your area. Click to view list.

The approach you take is up to you, just ensure you’re using nearly identical coverage data with each company. If you enter different coverage information you can’t possibly decipher which rate is best. Just a small difference in insurance coverages may cause a big price difference. And when price shopping your coverage, obtaining a wide range of quotes increases your odds of finding the best rates.

Decisions you make can impact your insurance prices

When buying insurance it’s important to understand some of the factors that aid in calculating the price you pay for insurance. When you understand what controls the rates you pay, this enables informed choices that can earn you cheaper rates.

The factors shown below are a few of the “ingredients” that factor into your rates.

• Keep the miles off and save – The higher the mileage driven annually the higher the price you pay to insure it. Most companies rate vehicles determined by how the vehicle is used. Vehicles that do not get driven very much cost less to insure than those that get driven frequently. Incorrect rating for your S80 is just wasting money. Make sure your insurance coverage shows the correct driver usage.
• Extra policy coverages that aren’t used – There are quite a few optional add-on coverages that you can get tricked into buying on your insurance policy. Things like coverage for rental cars, accident forgiveness, and motor club memberships may be costing you every month. They may seem like a good idea when you first buy your policy, but your needs may have changed so eliminate the coverages to reduce your premium.
• Job stress can make you pay more – Careers like military personnel, executives and miners have the highest average rates attributed to high stress levels and long work hours. On the other hand, occupations like scientists, engineers and homemakers have lower than average premiums for S80 coverage.
• Do you qualify for a multi-policy discount? – Most larger insurers apply lower prices for people that buy multiple policies such as combining an auto and homeowners policy. Even with this discount, it’s still a good idea to compare rates to verify if the discount is saving money.
• High policy claims frequency drives up premiums – If you’re an insured who likes to file claims you can pretty much guarantee increased rates or even have your policy non-renewed. Auto insurance companies generally give discounts to people who only file infrequent claims. Your car insurance is intended to be relied upon for the bigger claims that can’t be paid out-of-pocket.

Tailor your insurance coverage to you

When it comes to choosing the best insurance coverage, there is no “best” method to buy coverage. Everyone’s situation is unique.

For instance, these questions might help in determining if your insurance needs may require specific advice.

• Is extra glass coverage worth it?
• Exactly who is provided coverage by my policy?
• Am I covered when delivering products for my home-based business?
• Do I pay less for low miles?
• At what point should I drop full coverage?
• Is my 2007 Volvo S80 covered for flood damage?
• When can I cancel my policy?
• When can my company non-renew my policy?

If you can’t answer these questions, you might consider talking to an agent. If you want to speak to an agent in your area, simply complete this short form.

But the ad said I’d save 15% in 15 minutes!

Respected companies like Allstate and Progressive continually stream ads in print and on television. They all seem to have a common claim about savings if you change your coverage. How is it plausible that every one can charge you less for auto insurance?

Most companies have a certain “appetite” for the type of driver that makes them money. A good example of a preferred risk might have to be between 30 and 50, owns their home, and does not commute to work. A propective insured who meets those qualifications will probably get the lowest premium rates and will save quite a bit of money when switching.

Consumers who may not quite match these stringent criteria will probably have to pay a higher premium which usually ends up with business not being written. The ads state “drivers who switch” not “everyone that quotes” save that much. That’s the way insurance companies can confidently make those claims. Because of this risk profiling, you need to quote coverage with many companies. Because you never know with any certainty which company will have the lowest rate quotes.

Parts of your insurance policy

Knowing the specifics of a insurance policy aids in choosing the right coverages for your vehicles. Policy terminology can be ambiguous and reading a policy is terribly boring.

Comprehensive (Other than Collision)

Comprehensive insurance pays to fix your vehicle from damage that is not covered by collision coverage. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for things like hitting a bird, damage from flooding, vandalism and hitting a deer. The maximum amount a insurance company will pay at claim time is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Collision coverage protection

Collision coverage will pay to fix damage to your S80 resulting from a collision with another car or object. You first must pay a deductible then your collision coverage will kick in.

Collision coverage pays for things like rolling your car, damaging your car on a curb, colliding with a tree and driving through your garage door. Collision is rather expensive coverage, so consider removing coverage from vehicles that are older. It’s also possible to bump up the deductible to bring the cost down.

Liability

This can cover damage that occurs to people or other property. This insurance protects YOU against other people’s claims, and doesn’t cover your injuries or vehicle damage.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see liability limits of 100/300/100 which stand for $100,000 in coverage for each person’s injuries, a per accident bodily injury limit of $300,000, and $100,000 of coverage for damaged propery.

Liability coverage pays for things like attorney fees, court costs and bail bonds. How much coverage you buy is up to you, but consider buying as much as you can afford.

Protection from uninsured/underinsured drivers

Your UM/UIM coverage gives you protection when other motorists do not carry enough liability coverage. It can pay for injuries sustained by your vehicle’s occupants and also any damage incurred to your Volvo S80.

Since a lot of drivers have only the minimum liability required by law, their limits can quickly be used up. So UM/UIM coverage is a good idea.

Medical expense insurance

Medical payments and Personal Injury Protection insurance pay for expenses like dental work, chiropractic care, rehabilitation expenses and X-ray expenses. They are utilized in addition to your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover all vehicle occupants as well as being hit by a car walking across the street. Personal injury protection coverage is only offered in select states and may carry a deductible

Saving money is sweet as honey

We covered a lot of tips how to reduce 2007 Volvo S80 insurance rates online. It’s most important to understand that the more providers you compare, the better your comparison will be. Consumers could even find that the lowest rates come from a small mutual company.

Consumers leave their current company for a variety of reasons including policy cancellation, denial of a claim, unfair underwriting practices and lack of trust in their agent. It doesn’t matter what your reason, switching auto insurance companies can be easy and end up saving you some money.

As you quote insurance, you should never buy poor coverage just to save money. There are too many instances where someone dropped uninsured motorist or liability limits and discovered at claim time that the few dollars in savings costed them thousands. Your objective should be to purchase plenty of coverage at the best price, not the least amount of coverage.

Additional information can be read at these links:

• Auto Crash Statistics (Insurance Information Insitute)
• Protecting Teens from Drunk Driving (Insurance Information Insitute)
• Think You’re a Safe Driver? (State Farm)
• Avoiding Deer Collisions (Insurance Information Insitute)
• Frontal Crash Tests (iihs.org)