Lower Your 2014 Volvo XC90 Car Insurance Rates

Are you kicking yourself for buying overpriced auto insurance? Believe me, there are many people just like you. Many auto insurance companies vie to insure your vehicles, and it can be difficult to compare rates and get the definite lowest price

It’s important to compare rates before your policy renews because insurance rates fluctuate regularly. Even if you think you had the best rate on XC90 coverage a couple years back you can probably find a better price now. Forget all the misinformation about auto insurance because I’m going to teach you the tricks you need to know to lower your annual insurance bill.

Informed decisions result in lower insurance rates

Multiple criteria are part of the calculation when quoting car insurance. Some are obvious such as traffic violations, although some other factors are more obscure like your continuous coverage and annual miles driven.

• Liability insurance – A critical coverage on your policy, liability insurance provides coverage when you are ruled to be at fault for damages caused by your negligence. Liability provides you with a defense in court to defend your case. Liability is cheap compared to physical damage coverage, so do not skimp.
• Better credit means lower premiums – Your credit score can be an important factor in determining what you pay. Insureds that have high credit ratings tend to file fewer claims and have better driving records than drivers who have poor credit scores. Therefore, if your credit rating is lower than you’d like, you could save money insuring your 2014 Volvo XC90 by spending a little time repairing your credit.
• Guys pay more for insurance coverage – Statistics demonstrate that men are more aggressive behind the wheel. However, this does not mean men are worse drivers. Men and women have accidents in similar percentages, but men get into accidents with more damage. Men also receive more major tickets like driving under the influence (DUI).
• Cars with good safety ratings are cheaper to insure – Safer cars cost less to insure. Safe vehicles result in less severe injuries and better occupant protection translates into savings for insurance companies which can mean better rates for you.

Compare insurance coverage price quotes

There are several ways to compare insurance coverage quotes, and some are easier and takes less work. You could waste a few hours discussing policy coverages with insurance agencies in your area, or you could use the web to get pricing more quickly.

Many companies are enrolled in a marketplace that allows shoppers to enter their coverage request one time, and at least one company returns a rated price based on that data. This system prevents you from having to do form submissions for each company you want a rate for.

To participate in this free quote system, click to open in new window.

The only drawback to doing it this way is you are unable to specify the providers you want pricing from. If you wish to select specific providers to compare rates, we have assembled a list of low cost insurance coverage companies in your area. Click here for list of insurance companies.

Whichever method you choose, be sure you’re using equivalent coverage limits on every quote. If you compare different deductibles it will be next to impossible to decipher which rate is best.

Do you qualify for discount car insurance?

Insurance can cost an arm and a leg, but there could be available discounts that could drop your premiums quite a bit. Many discounts should be triggered when you complete an application, but a few need to be asked about before you will receive the discount.

• Home Ownership Discount – Just owning your own home may trigger a policy discount on car insurance because maintaining a house requires personal responsibility.
• Seat Belts Save – Drivers who require all vehicle occupants to buckle up before driving can save up to 10 percent (depending on the company) off the PIP or medical payment premium.
• Claim-Free Discount – Drivers who stay claim-free are rewarded with significantly better rates on insurance coverage quote when compared to drivers who are more careless.
• Military Discounts – Having an actively deployed family member could qualify you for better rates.
• Auto/Life Discount – If the company offers life insurance, you could get a discount if you purchase auto and life insurance together.
• Switch and Save Discount – Some insurance companies reward drivers for buying a policy before your current expiration date. The savings is around 10%.

You can save money using discounts, but most discounts do not apply to all coverage premiums. The majority will only reduce individual premiums such as medical payments or collision. Even though the math looks like all those discounts means the company will pay you, car insurance companies aren’t that generous.

If you would like to view insurers with significant discounts, click here to view.

What insurance coverages do I need?

When choosing proper insurance coverage, there really is not a “perfect” insurance plan. Coverage needs to be tailored to your specific needs so your insurance needs to address that. For instance, these questions might point out if your situation would benefit from an agent’s advice.

• Do I have coverage for damage caused while driving under the influence?
• Am I covered if I crash into my own garage door?
• Does my insurance cover damage caused when ticketed for reckless driving?
• Am I covered when renting a car or should I buy coverage from the car rental agency?
• At what point should I drop full coverage?
• When can I cancel my policy?

If you’re not sure about those questions but you think they might apply to your situation, you might consider talking to a licensed agent. To find lower rates from a local agent, simply complete this short form or you can also visit this page to select a carrier It only takes a few minutes and can provide invaluable advice.

Auto insurance policy coverages for a Volvo XC90

Learning about specific coverages of auto insurance can help you determine which coverages you need at the best deductibles and correct limits. The coverage terms in a policy can be confusing and even agents have difficulty translating policy wording. Shown next are the normal coverages found on most auto insurance policies.

Collision insurance

This pays for damage to your XC90 resulting from a collision with another vehicle or an object, but not an animal. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage protects against things like crashing into a ditch, driving through your garage door, colliding with another moving 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. Another option is to bump up the deductible to bring the cost down.

Comprehensive coverages

Comprehensive insurance coverage pays for damage that is not covered by collision coverage. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims such as falling objects, a tree branch falling on your vehicle, rock chips in glass, fire damage and hail damage. The most a auto insurance company will pay at claim time is the market value of your vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.

Liability coverage

This will cover damages or injuries you inflict on a person or their property in an accident. This coverage protects you against other people’s claims, and doesn’t cover your own vehicle damage or injuries.

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 values of 100/300/100 that means you have a limit of $100,000 per injured person, a limit of $300,000 in injury protection per accident, and $100,000 of coverage for damaged propery.

Liability coverage protects against things such as emergency aid, attorney fees, medical services and repair bills for other people’s vehicles. How much coverage you buy is up to you, but buy as high a limit as you can afford.

Uninsured and underinsured coverage

This gives you protection from other motorists when they either have no liability insurance or not enough. It can pay for hospital bills for your injuries as well as damage to your 2014 Volvo XC90.

Due to the fact that many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is very important.

Coverage for medical payments

Coverage for medical payments and/or PIP reimburse you for expenses for things like X-ray expenses, doctor visits and rehabilitation expenses. They are often used to cover expenses not covered by your health insurance plan or if you do not have health coverage. It covers you and your occupants and will also cover getting struck while a pedestrian. Personal Injury Protection is not universally available but it provides additional coverages not offered by medical payments coverage

Smart consumers save more

When searching for affordable insurance coverage quotes, do not sacrifice coverage to reduce premiums. There have been many cases where drivers have reduced comprehensive coverage or liability limits only to regret at claim time they didn’t purchase enough coverage. Your goal is to buy enough coverage for the lowest price while not skimping on critical coverages.

More affordable insurance coverage is possible online and with local insurance agents, so you need to quote insurance coverage with both to have the best rate selection. There are still a few companies who do not provide rates over the internet and many times these smaller companies work with independent agents.

We covered a lot of tips how to shop for 2014 Volvo XC90 insurance online. The most important thing to understand is the more rate quotes you have, the higher your chance of finding affordable insurance coverage. You may even discover the lowest priced insurance coverage comes from a company that doesn’t do a lot of advertising. Some small companies may only write in your state and offer lower premium rates compared to the large companies like Allstate and Progressive.

Additional detailed information can be found in these articles:

• Air Bags: Potential Dangers to Your Children (Insurance Information Insitute)
• Bodily Injury Coverage (Liberty Mutual)
• What does Personal Injury Protection (PIP) Cover? (Allstate)
• Neck Injury FAQ (iihs.org)
• Five Steps to Filing an Auto Insurance Claim (Insurance Information Insitute)