Lower Your 2010 Volvo S80 Car Insurance Rates

Want cheaper insurance rates for your Volvo S80? People new to comparing rates online might discover buying the lowest-priced insurance is harder than they anticipated.

You should make it a habit to check insurance prices before your policy renews since insurance rates are variable and change quite frequently. If you had the best rates on S80 insurance six months ago the chances are good that you can find a lower rate today. So ignore everything you know about insurance because you’re going to learn the right way to find lower rates on insurance.

How to reduce 2010 Volvo S80 insurance rates

Companies that sell car insurance do not advertise all available discounts in a way that’s easy to find, so here is a list some of the best known and also the lesser-known discounts you could be receiving.

  • Discounts for Safe Drivers – Safe drivers may save up to 50% more on S80 insurance than drivers with accidents.
  • Claim Free – Drivers with accident-free driving histories can save substantially when compared to accident-prone drivers.
  • Theft Prevention System – Vehicles with anti-theft systems are stolen less frequently and will save you 10% or more.
  • Multiple Policy Discount – When you have multiple policies with the same insurance company you may earn at least 10% off all policies.
  • Defensive Driver – Completing a course in driver safety could possibly earn you a 5% discount if you qualify.
  • Senior Citizens – If you qualify as a senior citizen, you may be able to get reduced rates on S80 insurance.
  • Memberships – Affiliation with a qualifying organization could qualify you for a break when shopping for auto insurance on S80 insurance.

Drivers should understand that some credits don’t apply to the entire cost. Most only cut the price of certain insurance coverages like medical payments or collision. Just because it seems like it’s possible to get free car insurance, you won’t be that lucky.

A partial list of companies that may have these money-saving discounts include:

Before buying, ask each company which discounts you may be entitled to. All car insurance discounts might not be offered in your area.

Tailor your coverage to you

When buying coverage for your personal vehicles, there really is not a one size fits all plan. Coverage needs to be tailored to your specific needs.

For example, these questions may help highlight if you would benefit from professional advice.

  • Am I covered if hit by an uninsured driver?
  • What is the ISO rating for a 2010 Volvo S80?
  • Am I covered when using my vehicle for business?
  • Am I covered if I break a side mirror?
  • Should I drop comprehensive coverage on older vehicles?
  • Is my cargo covered for damage or theft?
  • Will I lose any money if I cancel my policy before it expires?
  • Do I need roadside assistance coverage?
  • Do I have coverage when making deliveries for my home business?
  • Why does it cost so much to insure a teen driver?

If you can’t answer these questions, you may need to chat with an insurance agent. If you don’t have a local agent, complete this form.

Switch companies and save? Really?

Insurance coverage providers like 21st Century, Allstate and State Farm constantly bombard you with ads on television and other media. They all make the same claim that you’ll save big if you switch your coverage to them. How do they all claim to save you money?

All companies have a preferred profile for the type of driver that makes them money. A good example of a driver they prefer could be between the ages of 40 and 55, has no tickets, and drives less than 7,500 miles a year. A propective insured that hits that “sweet spot” will get very good rates and is almost guaranteed to pay quite a bit less when switching companies.

Drivers who don’t meet this ideal profile must pay a more expensive rate which leads to business going elsewhere. The ads state “customers who switch” not “everyone that quotes” save that much money. That’s the way insurance companies can confidently advertise the way they do. This illustrates why it is so important to quote coverage with many companies. You cannot predict which insurance coverage company will have the lowest Volvo S80 insurance rates.

Specific coverages for a 2010 Volvo S80

Learning about specific coverages of your insurance policy can help you determine the best coverages and the correct deductibles and limits. Insurance terms can be impossible to understand and nobody wants to actually read their policy.

Collision coverage

Collision insurance will pay to fix damage to your S80 resulting from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible and then insurance will cover the remainder.

Collision coverage protects against things like hitting a parking meter, sustaining damage from a pot hole, colliding with a tree, backing into a parked car and crashing into a ditch. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Drivers also have the option to bump up the deductible in order to get cheaper collision rates.

Comprehensive coverages

This will pay to fix 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 coverage protects against things like damage from getting keyed, hitting a deer, a tree branch falling on your vehicle and theft. The highest amount you’ll receive from a claim is the ACV or actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Coverage for medical payments

Med pay and PIP coverage reimburse you for expenses like rehabilitation expenses, X-ray expenses, nursing services and EMT expenses. They can be utilized in addition to your health insurance program or if you do not have health coverage. They cover not only the driver but also the vehicle occupants and will also cover if you are hit as a while walking down the street. Personal injury protection coverage is not an option in every state and may carry a deductible

Uninsured and underinsured coverage

This provides protection from other drivers when they do not carry enough liability coverage. This coverage pays for medical payments for you and your occupants as well as damage to your Volvo S80.

Due to the fact that many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is very important.

Liability

This coverage protects you from damage that occurs to other’s property or people by causing an accident. This insurance protects YOU against claims from other people. Liability 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. Your policy might show values of 50/100/50 which means a limit of $50,000 per injured person, $100,000 for the entire accident, and $50,000 of coverage for damaged propery.

Liability can pay for things like court costs, structural damage, repair costs for stationary objects and funeral expenses. How much coverage you buy is a personal decision, but you should buy as large an amount as possible.

The bottom line

As you go through the steps to switch your coverage, it’s a bad idea to reduce coverage to reduce premium. In many instances, an insured dropped liability coverage limits only to regret that saving that couple of dollars actually costed them tens of thousands. Your aim should be to purchase plenty of coverage at an affordable rate while not skimping on critical coverages.

We’ve covered a lot of tips how to lower your 2010 Volvo S80 insurance rates. The most important thing to understand is the more providers you compare, the higher the chance of saving money. You may even find the best price on insurance coverage is with a company that doesn’t do a lot of advertising.

Drivers change insurance companies for many reasons like poor customer service, questionable increases in premium, denial of a claim and high prices. It doesn’t matter what your reason, finding a great new company is pretty easy and you might even save some money in the process.

To learn more, link through to the resources below: