Cheaper 2016 Volvo XC60 Car Insurance Quotes

Trying to come up with a payment for overpriced auto insurance can dwindle your budget and make it hard to pay other bills. Getting a rate comparison is a smart way to cut your insurance bill.

Many insurance companies compete for your insurance dollar, so it’s not easy to compare every company and get the best coverage at the best price available.

How to get affordable insurance

There are several ways of comparing rates from insurance companies in your area. The best way to comparison shop is simply to get online rate quotes. It is quite easy and can be accomplished in a couple minutes as outlined below.

The most efficient method consumers can analyze rates would be an industry-wide quote request form like this one (opens in new window). This easy form keeps you from doing separate quote forms for each company you want a rate for. In just a few minutes this one form gets coverage cost estimates direct from many companies.

A more time consuming way to get comparison quotes consists of visiting the website for every company you want to comare to complete their respective quote request forms. For examples sake, we’ll assume you want to compare prices for Allstate, Farmers and Travelers. You would be required to spend time going to each site individually and enter your policy data, which is why most consumers use the first method.

For a handy list of car insurance company links in your area, click here.

The least efficient method to get price estimates is physically going to and from local insurance agencies. Comparing online rate quotes eliminates this option unless you have a complicated situation and need the personal advice that only a licensed agent can provide. Some companies do allow you to find lower rates online but still have the advice of a local agent.

It’s up to you how you get prices quotes, just do your best to enter the same coverages for each comparison quote. If you are comparing higher or lower deductibles it will be very difficult to truly determine the lowest rate. Having just a slight variation in coverage limits may result in a large different in cost. And when quoting insurance, remember that quoting more provides better odds of finding more affordable insurance. Some companies don’t provide quotes online, so you should also compare prices from those companies as well.

Don’t be fooled by advertising claims

Auto insurance providers like Progressive, Allstate and GEICO endlessly run ads on TV and radio. They all seem to make the point about how much you will save if you switch your coverage to them. It sounds good, but how can they all save you money? This is the trick they use.

Insurance providers have a certain “appetite” for the driver that earns them a profit. For instance, a driver they prefer could possibly be between the ages of 40 and 55, has other policies, and has a short commute. Anybody who meets those qualifications receive the lowest rate quotes and will save a lot if they switch.

Insureds who do not fit those criteria may be required to pay higher premium rates and the customer buying from a different company. The trick is to say “customers who switch” but not “all drivers who get quotes” will save that much if they switch. That’s the way insurance companies can make those statements. That is why it’s extremely important to compare rate quotes every year. Because you cannot predict with any certainty which company will have the lowest rate quotes.

Choices you make can impact your insurance rates

Consumers need to have an understanding of the different types of things that come into play when calculating the price you pay for auto insurance. If you have a feel for what impacts premium levels, this empowers consumers to make smart changes that can earn you cheaper rates.

The itemized list below are some of the major factors auto insurance companies consider when setting your premiums.

  • Filing auto insurance claims can increase rates – Auto insurance companies provide the best rates to drivers who are not frequent claim filers. If you are the type of insured that files lots of claims you can pretty much guarantee higher premiums or even policy non-renewal. Your insurance policy is intended to be relied upon for larger claims.
  • Premiums are affected by your credit rating – An insured’s credit score will be a significant factor in determining your rates. Insureds that have high credit scores tend to be more responsible than those with poor credit scores. If your credit rating is lower than you’d like, you could save money insuring your 2016 Volvo XC60 by repairing your credit.
  • Obey driving laws and save – Only having one driving citation could increase your next policy renewal by as much as twenty percent. Drivers with clean records pay less for auto insurance as compared to careless drivers. Drivers who have received severe tickets like reckless driving or DUI may need to maintain a SR-22 with their state in order to legally drive.
  • Get hitched and get better premiums – Getting married can actually save you money on your auto insurance policy. It demonstrates that you tend to be more mature than a single person and it’s proven that drivers who are married are more cautious.
  • Deter car thieves – Buying a car with an alarm system can get you a discount on your auto insurance. Theft prevention features like tamper alarm systems, vehicle immobilizer technology and General Motors OnStar can help prevent car theft.
  • Avoid unnecessary extra policy coverages – Insurance policies have a lot of extra add-on coverages that sound like a good idea at the time if you aren’t careful. Things like replacement cost coverage, accidental death, and term life insurance may be costing you every month. The coverages may be enticing when buying your policy, but now you might not need them so eliminate the coverages to reduce your premium.
  • Safer vehicles mean better rates – Safer cars are cheaper to insure. The safest vehicles reduce the chance of injuries and better occupant protection means less claims paid and lower rates for you.
  • Lower rates by increasing physical damage deductibles – Coverage for physical damage, termed comprehensive and collision coverage on your policy, insures against damage to your Volvo. A few examples of covered claims are a windshield shattered by a rock, hitting a deer, and having your car stolen. Deductibles for physical damage represent how much money you are required to spend out-of-pocket in the event of a claim. The more damage repair cost you’re willing to pay, the lower your rates will be for XC60 insurance.

More discounts mean affordable premiums

Some providers don’t list all their discounts very well, so we took the time to find both well-publicized and the more hidden discounts that you may qualify for.

  • Organization Discounts – Joining qualifying clubs or civic groups could qualify you for a break when getting a insurance quote.
  • College Student Discount – who are attending college and leave their car at home may be able to be covered for less.
  • Accident Waiver – Not a discount per se, but certain companies will allow you to have one accident before they charge you more for coverage as long as you don’t have any claims prior to the accident.
  • Drivers Ed for Students – Have your child sucessfully take a drivers education course as it can save substantially.
  • Lower Rates for Military – Being on active duty in the military could trigger a small discount.
  • Passenger Safety Discount – Vehicles equipped with air bags and/or automatic seat belt systems can get savings of 20 to 30 percent.
  • Driver Training Discounts – Successfully completing a course that instructs on driving safety can save you 5% or more and also improve your driving technique.

Remember that some credits don’t apply to your bottom line cost. Most only apply to individual premiums such as medical payments or collision. So despite the fact that it appears all those discounts means the company will pay you, companies don’t profit that way.

Some of the insurance companies that may include many of the previously listed discounts include:

When getting a coverage quote, ask every company what discounts are available to you. Some of the discounts discussed earlier may not be available in your area. If you would like to choose from a list of car insurance companies that provide some of the discounts listed above, click here to view.

It’s not one size fits all

When it comes to choosing adequate coverage, there really is no cookie cutter policy. Each situation is unique so your insurance should reflect that Here are some questions about coverages that might help in determining if you will benefit from professional help.

  • When should I drop full coverage on my 2016 Volvo XC60?
  • Is a new car covered when I drive it off the dealer lot?
  • What exactly is covered by my policy?
  • When would I need additional glass coverage?
  • Do I pay less if my vehicle is kept in my garage?
  • Is my state a no-fault state?
  • What is medical payments coverage?

If you don’t know the answers to these questions but you know they apply to you, you might consider talking to a licensed insurance agent. To find an agent in your area, simply complete this short form or you can go here for a list of companies in your area.

Coverage specifics

Understanding the coverages of your policy can be of help when determining the right coverages and proper limits and deductibles. The coverage terms in a policy can be impossible to understand and nobody wants to actually read their policy. Listed below are typical coverages available from insurance companies.

Coverage for medical expenses – Coverage for medical payments and/or PIP kick in for short-term medical expenses like surgery, chiropractic care and funeral costs. They can be used in conjunction with a health insurance policy or if you do not have health coverage. It covers all vehicle occupants and also covers if you are hit as a while walking down the street. PIP coverage is only offered in select states and gives slightly broader coverage than med pay

Liability coverage – Liability coverage will cover injuries or damage you cause to a person or their property by causing an accident. This insurance protects YOU against other people’s claims. 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 liability limits of 25/50/25 that means you have a limit of $25,000 per injured person, a per accident bodily injury limit of $50,000, and $25,000 of coverage for damaged propery.

Liability coverage protects against claims such as attorney fees, bail bonds, medical services and pain and suffering. How much coverage you buy is a decision to put some thought into, but it’s cheap coverage so purchase higher limits if possible.

Collision coverages – Collision coverage pays to fix your vehicle from damage resulting from colliding with an object or car. You first must pay a deductible and then insurance will cover the remainder.

Collision insurance covers claims like crashing into a ditch, rolling your car, crashing into a building and backing into a parked car. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are 8 years or older. It’s also possible to choose a higher deductible in order to get cheaper collision rates.

Coverage for uninsured or underinsured drivers – This coverage protects you and your vehicle’s occupants when the “other guys” do not carry enough liability coverage. Covered claims include medical payments for you and your occupants and also any damage incurred to your Volvo XC60.

Since a lot of drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages should not be overlooked.

Comprehensive insurance – Comprehensive insurance pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims such as damage from getting keyed, fire damage, a broken windshield, vandalism and damage from flooding. The maximum payout you’ll receive from a claim is the actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.

A fool and his money are soon parted

In this article, we presented a lot of tips how to get a better price on 2016 Volvo XC60 insurance. The most important thing to understand is the more quotes you get, the better your chances of lowering your premium rates. Consumers may even find the lowest car insurance rates are with the least-expected company. These smaller insurers may cover specific market segments cheaper than their larger competitors like State Farm and Allstate.

Lower-priced 2016 Volvo XC60 insurance is attainable both online and from local insurance agents, so you should be comparing quotes from both in order to have the best chance of saving money. Some insurance companies may not offer price quotes online and usually these smaller providers provide coverage only through independent insurance agencies.

When shopping online for auto insurance, don’t be tempted to buy lower coverage limits just to save a few bucks. In many instances, drivers have reduced collision coverage and found out when filing a claim that it was a big mistake. Your goal is to buy a smart amount of coverage at an affordable rate.

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Comments About 2016 Volvo XC60 Insurance

  1. Elizebeth Hogan

    Checking in from Fayetteville, AR. Received quotes with Safeco, Esurance, Progressive, and AAA for my Volvo and saved just over $530 a year. I have several vehicles insured with them. I used their website to get prices.

  2. Abby Goodwin

    I found affordable 2016 Volvo XC60 insurance from GEICO in Kailua, HI.

  3. Risa Hull

    I’m in the west part of Biloxi, MS, and Progressive rates were best. Insured with Western Auto Insurance before. I’m a pretty low risk driver.

  4. Aleida Summers

    I live just to the east of Tulsa, Oklahoma. I compared lots of rates. Saved about $30 a month. Progressive was the cheapest for me.

  5. Ying Watson

    If you have a good history and are close to Mobile, Alabama, check out State Farm. They seem to be cheaper. :)

  6. Dale Ware

    Will State Farm give a discount for driver training?

  7. Marivel Mcleod

    Cheap is not always the best policy. I’m in Aberdeen, SD. Received quotes from Allstate, Auto-Owners, and Erie for my Volvo and am saving around $570 a year. A clean driving record helps.

  8. Salome Travis

    I found pretty cheap rate quotes for a 2016 Volvo XC60 in Owensboro, KY. Ended up at roughly $460 every six months with AAA.

  9. Kristina Calderon

    It all costs too much. I live in Fort Wayne, IN. I quoted with Amica, Eastwood, and Nationwide for my Volvo and saved $448 a year. Good savings if you bundle. I got a quote from their website.

  10. Hee Pacheco

    It all costs too much. Got a quote with Nationwide for my 2016 Volvo XC60 and saved about $540 a year. I have kids on my policy, too.

  11. Klara Hale

    Why are claims settled so low?

  12. Rebbeca Wallace

    I chose to switch to Allstate from American Family. I live in Dover, Delaware. I get lower rates because of my clean driving record.

  13. Carmelo Nguyen

    I was with GMAC last year but switched to 21st Century. I’m in Salt Lake City, UT. Left AIG Insurance to switch. I get multi-vehicle and multi-policy discounts. It was easy to get rates.

  14. Mark Mcleod

    In Phoenix, AZ, Allstate is a good choice. Might find lower rates online.