How Much Does 2013 Volvo XC70 Insurance Cost?

Searching for lower car insurance rates for your Volvo XC70? Did you come to the realization that you have overpriced car insurance? Believe me, you’re not the only one.

Multiple insurers compete for your insurance dollar, and it can be difficult to compare rates and get the best coverage at the lowest rate possible.

If you have car insurance now, you will most likely be able to cut costs considerably using these tips. Buying car insurance is quite easy. Although consumers must learn the way companies market on the web and use this information to your advantage.

More affordable rates with these discounts

Companies don’t list all available discounts in a way that’s easy to find, so the next list breaks down some of the more common and also the more inconspicuous discounts that you may qualify for.

• One Accident Forgiven – Not really a discount, but companies like State Farm and Progressive may permit one accident before raising your premiums if you are claim-free for a specific time period.
• Driver’s Education for Students – Make teen driver coverage more affordable by requiring them to sucessfully take a drivers education course if it’s offered in school.
• Distant College Student Discount – Older children who attend college more than 100 miles from home and do not take a car to college may be insured at a cheaper rate.
• Early Switch Discount – A few larger companies offer discounts for signing up before your current expiration date. You can save around 10% with this discount.
• More Vehicles More Savings – Having all your vehicles on one policy qualifies for this discount.

You should keep in mind that most of the big mark downs will not be given to the entire cost. A few only apply to specific coverage prices like liability, collision or medical payments. So even though it sounds like having all the discounts means you get insurance for free, that’s just not realistic.

To view insurance companies that offer multiple discounts, click here.

Volvo XC70 insurance premiums can be reduced

Multiple criteria are considered when you quote your car insurance policy. Most are fairly basic like a motor vehicle report, although others are more transparent like your continuous coverage or how financially stable you are.

• Save money by having responsible credit – Having a bad credit history can be a huge factor in calculating your insurance rates. People that have very good credit scores tend to be less risk to insure than those with worse credit. If your credit score is low, you could save money insuring your 2013 Volvo XC70 if you improve your credit rating.
• More traffic means higher claims – Having an address in a small town can save you money when talking about insurance. Fewer drivers on the road translates into fewer accident claims as well as less vandalism and auto theft. Drivers in populated areas have to deal with congested traffic and more severe claims. More time on the road means more chance of being in an accident.
• Incidental coverages push up premiums – Policies have extra add-on coverages that can waste your money on your 2013 XC70 policy. Coverages for rental car reimbursement, high-cost glass coverage, and additional equipment coverage are some examples. The coverages may be enticing initially, but if you’ve never needed them in the past eliminate the coverages to reduce your premium.
• Too many claims drive up rates – Insurance companies provide lower rates to people who are claim-free. If you file a lot of claims you can expect increased rates or even have your policy non-renewed. Your insurance policy is intended to be relied upon for the large, substantial claims.
• Getting married can lower costs – Being married can actually save you money compared to being single. It translates into being more mature than a single person and it’s statistically proven that drivers who are married are more cautious.

Car insurance can be complex

When it comes to buying the right insurance coverage, there really is no best way to insure your cars. Every situation is different and a cookie cutter policy won’t apply. For instance, these questions may help highlight whether or not you would benefit from professional advice.

• Do I get a pro-rated refund if I cancel my policy early?
• Does liability extend to a camper or trailer?
• Why am I required to get a high-risk car insurance policy?
• Can I afford to pay high deductible claims out of pocket?
• Should I buy additional glass protection?
• When does my teenage driver need to be added to my policy?
• Can I rate high risk drivers on liability-only vehicles?
• Are split liability limits better than a combined single limit?
• Why am I be forced to buy a membership to get insurance from some companies?

If it’s difficult to answer those questions but one or more may apply to you, you might consider talking to a licensed insurance agent. If you don’t have a local agent, take a second and complete this form or you can go here for a list of companies in your area.

Do drivers who switch really save $486 a year?

Insurance coverage providers like Allstate and Progressive regularly use ads on TV and radio. They all make the same claim of big savings just by switching your insurance coverage coverage to their company. How is it possible that every company can lower your rates? Here is how they do it.

All companies quote their best rates for the driver that is profitable for them. A good example of a profitable customer could be over age 30, has no driving citations, and has a short commute. Any customer who meets those qualifications receives the best prices and as a result will probably save quite a bit of money when switching.

Drivers who do not fit these stringent criteria must pay higher premium rates with the end result being business going elsewhere. The trick companies use is to say “drivers that switch” but not “everyone who gets a quote” save that much. That’s the way companies can truthfully lure you into getting a quote. Because of this risk profiling, you absolutely need to get price quotes at each policy renewal. It’s not possible to predict which insurance companies will have the best premium rates for your profile.

Auto insurance coverage basics

Learning about specific coverages of auto insurance aids in choosing which coverages you need and the correct deductibles and limits. The coverage terms in a policy can be confusing and reading a policy is terribly boring. Below you’ll find the normal coverages found on the average auto insurance policy.

Medical expense insurance

Medical payments and Personal Injury Protection insurance reimburse you for immediate expenses such as prosthetic devices, EMT expenses, funeral costs, doctor visits and ambulance fees. They are used to fill the gap from your health insurance plan or if you lack health insurance entirely. They cover both the driver and occupants as well as getting struck while a pedestrian. PIP coverage is only offered in select states but can be used in place of medical payments coverage

Liability car insurance

Liability insurance provides protection from damage or injury you incur to people or other property in an accident. It protects you from legal claims by others. Liability doesn’t cover damage to your own property or vehicle.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show policy limits of 50/100/50 that means you have $50,000 bodily injury coverage, a limit of $100,000 in injury protection per accident, and property damage coverage for $50,000.

Liability coverage protects against things like loss of income, medical expenses, pain and suffering, structural damage and repair costs for stationary objects. The amount of liability coverage you purchase is your choice, but it’s cheap coverage so purchase as high a limit as you can afford.

Collision protection

This pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for things like crashing into a building, sideswiping another vehicle, hitting a parking meter, crashing into a ditch and driving through your garage door. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are older. You can also increase the deductible to bring the cost down.

Comprehensive (Other than Collision)

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

Comprehensive coverage protects against things such as damage from flooding, vandalism, theft, falling objects and damage from a tornado or hurricane. The maximum payout you can receive from a comprehensive claim is the actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Protection from uninsured/underinsured drivers

Uninsured or Underinsured Motorist coverage gives you protection from other motorists when they are uninsured or don’t have enough coverage. This coverage pays for injuries to you and your family and also any damage incurred to your Volvo XC70.

Because many people only carry the minimum required liability limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Be a money saver!

When searching for the cheapest insurance coverage quotes, never skimp on critical coverages to save a buck or two. Too many times, an accident victim reduced liability limits or collision coverage and discovered at claim time that the small savings ended up costing them much more. Your objective should be to buy a smart amount of coverage at the best price, but don’t skip important coverages to save money.

We’ve covered a lot of techniques to shop for 2013 Volvo XC70 insurance online. The key concept to understand is the more you quote insurance coverage, the higher the chance of saving money. You may even discover the best price on car insurance is with a smaller regional carrier. These companies may only write in your state and offer lower premium rates than the large multi-state companies such as Progressive and Geico.

For more information, feel free to visit the articles below:

• Booster Seat Ratings (iihs.org)
• Five Tips to Save on Auto Insurance (Insurance Information Insitute)
• What is Full Coverage? (Allstate)
• A Tree Fell on Your Car: Now What? (Allstate)