How Much Does 2018 Volvo V60 Insurance Cost?

Trying to find cheaper auto insurance rates for your Volvo V60? If online auto insurance comparisons are new to you, most likely you are overwhelmed due to the large number insurance agents and companies vying for business.

Pricing more affordable car insurance coverage is easy if you know what you’re doing. Just about anyone who shops for car insurance stands a good chance to be able to find lower rates. Although car owners must know the way insurance companies compete online and apply this information to your search.

Buy auto insurance online

Effectively comparing auto insurance prices can take time and effort if you don’t understand the most efficient way. You could waste time discussing policy coverages with insurance agencies in your area, or you could save time and use the web to get the quickest rates.

Most of the larger companies belong to an insurance system that allows shoppers to enter their policy data once, and each participating company provides a quote based on that information. This saves time by eliminating repetitive form submissions to each individual auto insurance company.

To use this form to compare rates click to open in new window.

One minor caviat to comparing rates this way is that you can’t choose which carriers to get pricing from. So if you prefer to choose individual companies to receive pricing from, we have a page of the cheapest auto insurance companies in your area. Click here to view list.

Whichever method you choose, try to keep the same coverage information with each company. If you compare higher or lower deductibles then you won’t be able to make a fair comparison for your Volvo V60. Having just a slight variation in coverage limits could throw off the whole comparison. And when comparing auto insurance rates, know that comparing more rates from different companies helps increase your odds of locating the best offered rates.

More discounts mean affordable premiums

Car insurance is not cheap, but you can get discounts that can help lower your rates. Certain discounts will be applied when you get a quote, but a few must be requested specifically before you get the savings.

• Fewer Miles Equal More Savings – Driving fewer miles may allow you to get lower premium rates due to less chance of an accident.
• Accident Forgiveness – This isn’t a discount exactly, but companies like Progressive, Allstate, and Geico permit an accident before raising your premiums if you are claim-free for a set time period.
• Bundled Policy Discount – When you have multiple policies and insure them with the same company they may give you a discount of at least 10 to 15 percent or more.
• Discount for Swiching Early – A few larger companies allow discounts for renewing your policy prior to your current policy expiring. You can save around 10% with this discount.
• Discounts for Responsible Drivers – Drivers who don’t get into accidents can save up to 40% or more on their insurance coverage quote for V60 insurance as compared to drivers with claims.
• Payment Method – By making one initial payment rather than paying monthly you may have a lower total premium amount.
• Mature Driver Discount – Drivers over the age of 55 can possibly qualify for better insurance coverage rates for V60 insurance.
• Discount for Passive Restraints – Factory options such as air bags can receive discounts up to 30%.
• Resident Student – Any of your kids who attend college more than 100 miles from home and do not have a car could get you a discount.

Drivers should understand that most discounts do not apply to the overall cost of the policy. Some only apply to specific coverage prices like collision or personal injury protection. Despite the appearance that it’s possible to get free car insurance, you won’t be that lucky.

A list of insurance coverage companies and some of the discounts can be read below.

• Progressive includes discounts for multi-vehicle, multi-policy, continuous coverage, good student, online quote discount, and online signing.
• Farmers Insurance may have discounts that include pay in full, early shopping, switch companies, business and professional, and electronic funds transfer.
• Farm Bureau may include discounts for 55 and retired, youthful driver, multi-policy, multi-vehicle, safe driver, and renewal discount.
• State Farm offers discounts for good student, passive restraint, multiple policy, anti-theft, multiple autos, good driver, and driver’s education.
• Geico has savings for five-year accident-free, multi-policy, anti-theft, emergency military deployment, membership and employees, anti-lock brakes, and defensive driver.
• SAFECO has discounts for teen safe driver, homeowner, multi-car, anti-theft, safe driver, anti-lock brakes, and drive less.
• Liberty Mutual offers discounts including safety features, hybrid vehicle, newly married, new move discount, multi-car, teen driver discount, and new vehicle discount.

If you want inexpensive insurance coverage quotes, ask every prospective company how you can save money. Depending on the company, some discounts might not apply everywhere. To find insurance companies offering insurance coverage discounts, click here to view.

It’s not one size fits all

When it comes to choosing coverage, there really is not a “perfect” insurance plan. Coverage needs to be tailored to your specific needs.

Here are some questions about coverages that can aid in determining if your insurance needs will benefit from professional help.

• Does my insurance cover damage caused when ticketed for reckless driving?
• Does my policy pay for OEM or aftermarket parts?
• What can I do if my company won’t pay a claim?
• What are the financial responsibility laws in my state?
• Am I covered when driving someone else’s vehicle?
• Do I need to file an SR-22 for a DUI in my state?
• Can my teen driver be rated on a liability-only vehicle?

If it’s difficult to answer those questions but you think they might apply to your situation, you may need to chat with a licensed insurance agent. To find an agent in your area, simply complete this short form.

Informed consumers can lower their insurance rates

One of the most helpful ways to save on car insurance is to to have a grasp of some of the elements that play a part in calculating the level of your policy premiums. If you have a feel for what controls the rates you pay, this enables informed choices that could help you find lower rates. Lots of things are used in the calculation when you get a price on insurance. A few of the factors are predictable such as your driving history, although others are less obvious like your vehicle usage or your financial responsibility.

• Know your credit history – An insured’s credit history can be an important factor in your rate calculation. So if your credit rating is lower than you’d like, you could potentially save money when insuring your 2018 Volvo V60 by repairing your credit. Drivers who have very high credit ratings tend to file fewer claims and have better driving records than drivers who have lower credit scores.
• Safer vehicles cost less to insure – Vehicles that have high safety ratings can get you lower premiums. Safer cars reduce occupant injuries and fewer injuries translates directly to fewer claims and more competitive rates for policyholders. If the Volvo V60 scored better than four stars on Safercar.gov it may cost less to insure.
• Commute or pleasure use – The more miles you rack up on your Volvo each year the more you’ll pay to insure it. Many insurance companies charge rates partially by how you use the vehicle. Cars that sit idle most of the time receive better premium rates compared to those used for work or business. Improper usage on your V60 is just wasting money. Double check that your car insurance policy is rated on the correct usage.
• Having a spouse equates to better prices – Walking down the aisle can get you a discount compared to being single. Having a spouse usually means you are more financially stable and insurance companies like that married drivers tend to have fewer serious accidents.
• Do you know your coverage deductibles? – Comp and collision deductibles state the amount of money you are willing to pay if a claim is determined to be covered. Physical damage coverage, also known as collision and other-than-collision, is used to repair damage to your car. Some examples of covered claims are colliding with a stationary object, vandalism, and damage from wind. The more money you choose to pay out-of-pocket, the better rate you will receive for V60 insurance.
• Big city or small town – Being located in areas with lower population can be a good thing when talking about car insurance. City drivers regularly have more auto accidents and a longer drive to work. Fewer drivers on the road means a lower chance of having an accident and also fewer theft and vandalism claims.

Car insurance coverage information

Learning about specific coverages of your policy helps when choosing appropriate coverage at the best deductibles and correct limits. Policy terminology can be confusing and reading a policy is terribly boring.

Medical expense insurance – Med pay and PIP coverage reimburse you for short-term medical expenses for pain medications, X-ray expenses and surgery. They are often used to fill the gap from your health insurance program or if you do not have health coverage. They cover all vehicle occupants and will also cover being hit by a car walking across the street. PIP is not universally available but it provides additional coverages not offered by medical payments coverage

Collision coverages – This coverage covers damage to your V60 caused by collision with an object or car. You have to pay a deductible and then insurance will cover the remainder.

Collision can pay for things such as scraping a guard rail, sideswiping another vehicle, colliding with another moving vehicle, damaging your car on a curb and backing into a parked car. Paying for collision coverage can be pricey, so consider removing coverage from older vehicles. Another option is to increase the deductible to get cheaper collision coverage.

Protection from uninsured/underinsured drivers – Your UM/UIM coverage protects you and your vehicle from other drivers when they are uninsured or don’t have enough coverage. Covered losses include injuries to you and your family as well as damage to your Volvo V60.

Since many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is very important. Normally these coverages are identical to your policy’s liability coverage.

Coverage for liability – This coverage provides protection from damage that occurs to other people or property that is your fault. It protects you against claims from other people. Liability doesn’t cover your injuries or vehicle damage.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see values of 50/100/50 which means a $50,000 limit per person for injuries, a limit of $100,000 in injury protection per accident, and $50,000 of coverage for damaged propery. Some companies may use one number which is a combined single limit which limits claims to one amount with no separate limits for injury or property damage.

Liability insurance covers things such as pain and suffering, attorney fees and repair costs for stationary objects. The amount of liability coverage you purchase is up to you, but you should buy as large an amount as possible.

Comprehensive (Other than Collision) – This coverage pays for 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, hitting a deer, hitting a bird and hail damage. The maximum payout you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle is not worth much consider dropping full coverage.

Don’t throw your cash in the trash

We just presented a lot of tips how to compare 2018 Volvo V60 insurance prices online. The most important thing to understand is the more providers you compare, the better your comparison will be. You may even find the best price on auto insurance is with a small local company.

When shopping online for auto insurance, never buy lower coverage limits just to save a few bucks. There have been many situations where an insured cut full coverage only to find out that their decision to reduce coverage ended up costing them more. The proper strategy is to buy enough coverage at the best price, not the least amount of coverage.

Some insurance companies may not provide internet price quotes and most of the time these smaller providers only sell coverage through independent insurance agencies. Lower-priced auto insurance can be purchased both online and also from your neighborhood agents, and you should compare rates from both in order to have the best chance of saving money.

More information can be found below:

• Rental Reimbursement Coverage (Allstate)
• Young Drivers: The High Risk Years Video (iihs.org)
• Side Impact Crash Tests (iihs.org)
• Collision Insurance Coverage (Nationwide)