How Much Does 2016 Volvo XC70 Insurance Cost?

Nobody fancies paying their premiums for auto insurance, particularly when they could find lower prices if they just compared rates. Insurance companies such as State Farm, Geico and Farmers Insurance continually hit you with catchy ads and it is difficult to avoid their marketing magic and effectively compare rates to find the best deal.

How to get free insurance coverage quotes online

Finding a lower price on 2016 Volvo XC70 insurance doesn’t have to be difficult. All that’s required is to invest a little time comparing free car insurance quotes to find out which insurance company has low cost car insurance quotes. It’s really simple and can be done in several different ways.

The best way to compare a lot of rates at once is to use a rate comparison form like this one (opens in new window). This quick form eliminates the need for boring form submissions to each individual insurance coverage company. Completing one form gets prices estimates from all major companies.

A different way to shop for insurance coverage online is spending the time to visit each company’s website and complete a new quote form. For sake of this example, let’s say you are doing a rate comparison from Auto-Owners, Esurance and Farmers. You would need to spend time going to each site individually and type in your information over and over, which is why first method is reommended.

To view a list of companies in your area, click here.

Whichever way you choose to compare rates, ensure you’re using apples-to-apples quote information on every quote. If you have different deductibles it will be very difficult to determine the lowest rate for your Volvo XC70.

More discounts mean lower-cost premiums

Some insurance providers don’t necessarily list every disount available in an easy-to-find place, so the list below details a few of the more well known as well as the least known credits available to you. If you’re not getting every credit you qualify for, you could be paying more than you need to.

  • Switch and Save Discount – A few larger companies allow discounts for switching policies early. It can save you around 10%.
  • Low Mileage – Maintaining low annual mileage may enable drivers to earn lower prices due to less chance of an accident.
  • Good Student – This discount may save as much as 25% on a car insurance quote. Many companies even apply the discount to college students until age 25.
  • Multiple Cars – Buying coverage for several vehicles on one policy may reduce the rate for each vehicle.
  • Discounts for Good Drivers – Safe drivers can save up to 40% or more on their car insurance quote for XC70 insurance compared to rates paid by drivers with frequent claims.
  • Multiple Policy Discount – If you can bundle your auto and homeowners insurance with the same insurance company you could earn a discount of as much as 10 to 15 percent.

Consumers should know that some of the credits will not apply to the entire policy premium. A few only apply to the cost of specific coverages such as liability and collision coverage. So when the math indicates having all the discounts means you get insurance for free, company stockholders wouldn’t be very happy. But all discounts will cut your policy premium.

Companies and some of the discounts are included below.

  • AAA offers premium reductions for AAA membership discount, anti-theft, education and occupation, multi-car, and good driver.
  • Progressive discounts include continuous coverage, multi-vehicle, multi-policy, online quote discount, homeowner, and good student.
  • State Farm offers discounts for Drive Safe & Save, safe vehicle, accident-free, multiple autos, and student away at school.
  • Esurance includes discounts for Pac-12 alumni, renters, multi-car, good driver, paid-in-full, and emergency road assistance.
  • Nationwide has discounts for multi-policy, family plan, easy pay, defensive driving, Farm Bureau membership, and anti-theft.

When getting free car insurance quotes, it’s a good idea to each company which discounts can lower your rates. Savings may not apply in your area.

Insurance premium influencing factors

Many factors are used when you get a price on insurance. Some are pretty understandable like an MVR report, but others are less apparent such as your marital status or how financially stable you are.One of the most helpful ways to save on insurance is to to have a grasp of the factors that aid in calculating insurance rates. When you know what positively or negatively impacts premium levels, this empowers consumers to make smart changes that can earn you big savings.

  • Your address can push rates up or down – Living in areas with lower population is a positive aspect when it comes to insurance. Lower population means a lower chance of having an accident and also fewer theft and vandalism claims. City drivers regularly have more traffic problems and longer commutes to work. Spending more time driving means a statistically higher chance of an accident.
  • Expect high rates for teens – Beginning drivers are proven to be more careless behind the wheel and because of this, their insurance rates are much higher. More experienced drivers tend to be more responsible, tend to file fewer claims and tend to be get fewer driving tickets.
  • Alarm systems save money – Driving a car that has an advanced theft prevention system can help bring down rates. Systems that thwart theives such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all help prevent auto theft and help lower rates.
  • Save money with higher physical damage deductibles – Coverage for physical damage, otherwise known as comp (or other than collision) and collision, covers your vehicle from damage. Examples of covered claims could be a broken side mirror, flood damage, and windstorm damage. Comp and collision deductibles define the amount you are willing to pay if the claim is covered. The more expense you choose to pay out-of-pocket, the lower your rates will be for XC70 insurance.

It’s not one size fits all

When it comes to buying proper insurance coverage, there really is no one size fits all plan. Every insured’s situation is different so your insurance should reflect that For instance, these questions may help highlight whether or not you would benefit from an agent’s advice.

  • When should I buy a commercial auto policy?
  • When should my teen driver be added to my policy?
  • What is high-risk coverage and where do I buy it?
  • Should I file a claim if it’s only slightly more than my deductible?
  • Does liability extend to a camper or trailer?
  • Should I drop comprehensive coverage on older vehicles?

If it’s difficult to answer those questions but a few of them apply, you may need to chat with a licensed agent. If you want to speak to an agent in your area, take a second and complete this form or you can also visit this page to select a carrier It’s fast, free and can help protect your family.

Car insurance coverage information

Knowing the specifics of your insurance policy can help you determine the best coverages for your vehicles. Policy terminology can be difficult to understand and reading a policy is terribly boring. Below you’ll find the normal coverages available from insurance companies.

Comprehensive auto coverage – Comprehensive insurance will pay to fix damage that is not covered by collision coverage. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage pays for claims such as damage from flooding, rock chips in glass, a tree branch falling on your vehicle and theft. The maximum amount you’ll receive from a claim is the actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

UM/UIM (Uninsured/Underinsured Motorist) coverage – This coverage protects you and your vehicle’s occupants from other motorists when they either have no liability insurance or not enough. Covered claims include medical payments for you and your occupants and also any damage incurred to your Volvo XC70.

Due to the fact that many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is important protection for you and your family.

Auto liability – This will cover damage or injury you incur to a person or their property. This insurance protects YOU against claims from other people. Liability doesn’t cover your injuries or vehicle damage.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have values of 25/50/25 that translate to a $25,000 limit per person for injuries, a limit of $50,000 in injury protection per accident, and a total limit of $25,000 for damage to vehicles and property.

Liability coverage protects against things such as medical services, structural damage and funeral expenses. 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.

Medical payments and PIP coverage – Medical payments and Personal Injury Protection insurance provide coverage for bills for EMT expenses, hospital visits, doctor visits and pain medications. They can be used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. It covers you and your occupants and also covers if you are hit as a while walking down the street. Personal injury protection coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

Collision coverage – This will pay to fix damage to your XC70 resulting from colliding with another car or object. You have to pay a deductible then your collision coverage will kick in.

Collision can pay for claims like scraping a guard rail, sideswiping another vehicle, sustaining damage from a pot hole, driving through your garage door and backing into a parked car. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Another option is to choose a higher deductible to save money on collision insurance.

Shop. Compare. Save.

When you buy car insurance online, you should never reduce needed coverages to save money. There are a lot of situations where someone sacrificed liability limits or collision coverage and discovered at claim time that their decision to reduce coverage ended up costing them more. Your objective should be to buy enough coverage at an affordable rate while not skimping on critical coverages.

In this article, we covered many tips how you can get a better price on 2016 Volvo XC70 insurance. The most important thing to understand is the more rate quotes you have, the higher your chance of finding cheap car insurance. You may be surprised to find that the best premium rates are with a lesser-known regional company. They may often insure only within specific states and give getter rates than their larger competitors like Allstate and Progressive.

Much more information about auto insurance is available at these links: