Cheaper 2018 Volvo XC60 Car Insurance Rates

Trying to find cheaper insurance coverage rates? Buyers have options when searching for affordable Volvo XC60 insurance. They can either spend hours struggling with agents to compare prices or leverage the internet to get rate quotes. There are more efficient ways to find insurance coverage online so we’re going to tell you the best way to quote coverages for a Volvo and get the lowest price from both online companies and local agents.

How to get free insurance coverage quotes online

Finding cheap insurance coverage rates is a great way to save money. Just take time comparing rate quotes to find the company with low cost car insurance quotes. Comparing prices online can be done using one of these methods.

  1. One of the simplest ways consumers can analyze rates is to use a rate comparison form like this one (opens in new window). This quick form keeps you from doing repetitive form submissions for every prospective company. One simple form will return quotes from multiple companies. This is by far the quickest method.
  2. A slightly less efficient method to compare prices is going to each company website to complete their respective quote request forms. For examples sake, we’ll pretend you want to get rates from Farmers, Safeco and Progressive. You would need to go to each individual site to input your insurance information, which can get rather old.

    For a list of links to companies insuring cars in your area, click here.

It’s up to you which method you use, but make absolute certain that you use identical coverage data for each comparison quote. If you use different limits and deductibles on each one it will be impossible to make a fair rate comparison.

Why you might not save $460 a year

Drivers get pounded daily by advertisements that promise big savings for switching from the likes of Progressive, Allstate and GEICO. They all make an identical promise about how much you will save just by switching your coverage to them.

How does each company charge less that you’re paying now? This is the way they can do it.

Many companies are able to cherry pick for the type of driver that earns them the most money. A good example of a profitable customer may be between the ages of 30 and 45, has no tickets, and the vehicle is rated for pleasure use. Anyone who fits those characteristics receives the best premium rates and as a result will probably save when they switch companies.

Consumers who fall short of the requirements may receive more expensive rates which usually ends up with the customer buying from someone else. The ad wording is “people who switch” but not “everyone who gets a quote” will save that much if they switch. That’s why insurance companies can make it sound like they have such great premium rates. Because of this risk profiling, you really should get as many free car insurance quotes as possible. It’s impossible to know which insurance companies will have the best car insurance rates.

Informed drivers know how to quote insurance coverage more affordably

Many factors are used in the calculation when you get your auto insurance bill. Some are pretty understandable such as traffic violations, but some are more transparent like your continuous coverage or your vehicle rating.Consumers need to have an understanding of a few of the rating criteria that help determine your insurance coverage rates. If you understand what controls the rates you pay, this allows you to make good choices that may reward you with lower premium levels.

  • The more you drive the more you pay – Driving a lot of miles every year the higher the price you pay to insure it. The majority of insurers rate vehicles determined by how the vehicle is used. Vehicles used primarily for pleasure use can be on a lower rate level as compared to vehicles used primarily for driving to work. Verify your insurance coverage policy properly reflects annual mileage. Incorrect rating for your XC60 is just wasting money.
  • Defend yourself with liability protection – The liability coverage on your policy kicks in in the event that a jury decides you are liable for causing damage or personal injury in an accident. This coverage provides legal defense up to the limits shown on your policy. Liability insurance is pretty cheap compared to insuring for physical damage coverage, so do not cut corners here.
  • Being married brings a discount – Getting married may cut your premiums when buying insurance coverage. It generally demonstrates drivers are more mature and statistics show married drivers get in fewer accidents.
  • High coverage deductibles lower premiums – Physical damage deductibles represent how much money the insured will be required to pay before a claim is paid by your company. Physical damage coverage, aka comp and collision, covers damage that occurs to your car. Some examples of claims that would be covered are rearending another vehicle, collision with a deer, and damage caused by road hazards. The more money the insured is willing to pay, the less money you will pay for insurance coverage for XC60 coverage.

Verify you’re getting every discount

Some companies don’t list every available discount in an easy-to-find place, so the below list has both the well known and also the lesser-known discounts you could be receiving when you buy car insurance online.

  • Full Payment Discount – By paying your policy upfront rather than paying monthly you may reduce your total bill.
  • Low Miles Discount – Driving less could earn lower rates due to less chance of an accident.
  • Use Seat Belts – Drivers who require all occupants to buckle their seat belts could save 15% off the medical payments premium.
  • Professional Memberships – Having an affiliation with qualifying clubs or civic groups could earn you a nice discount on your next auto insurance statement.
  • Life Insurance Discount – Some companies give better auto insurancerates if you take out some life insurance too.
  • Smart Student Discounts – Performing well in school can earn a discount of 20% or more. You can use this discount normally until age 25.

A little disclaimer on discounts, some credits don’t apply to all coverage premiums. The majority will only reduce the price of certain insurance coverages like liability, collision or medical payments. Even though the math looks like all the discounts add up to a free policy, companies wouldn’t make money that way.

Large auto insurance companies and their possible discounts can be read below.

  • GEICO offers discounts for membership and employees, federal employee, anti-lock brakes, multi-vehicle, multi-policy, military active duty, and daytime running lights.
  • Mercury Insurance has savings for multi-policy, good student, age of vehicle, good driver, and annual mileage.
  • Farmers Insurance offers premium reductions for switch companies, youthful driver, good student, teen driver, and homeowner.
  • Auto-Owners Insurance may offer discounts for multi-policy, safe vehicle, mature driver, paperless, air bags, safe driver, and student away at school.
  • Liberty Mutual offers discounts including hybrid vehicle, exclusive group savings, new graduate, safety features, new move discount, multi-policy, and newly married.
  • SAFECO has discounts for accident prevention training, homeowner, bundle discounts, anti-lock brakes, multi-car, and teen safe driver.
  • Progressive discounts include good student, homeowner, continuous coverage, multi-policy, and online signing.
  • USAA includes discounts for safe driver, loyalty savings, driver training, good student, and family discount.

If you are trying to find the cheapest car insurance quotes, ask all companies you are considering how you can save money. Depending on the company, some discounts might not be available to policyholders in your area. If you would like to see a list of providers who offer discounts, click this link.

When should I discuss my situation with an agent?

When choosing adequate coverage, there really is not a best way to insure your cars. Every situation is different.

For instance, these questions might help in determining if your situation may require specific advice.

  • Are my friends covered when driving my 2018 Volvo XC60?
  • What can I do if my company won’t pay a claim?
  • What is high-risk coverage and where do I buy it?
  • Is business property covered if stolen from my car?
  • Do all my vehicles need collision coverage?
  • Who is covered by my policy?

If you’re not sure about those questions but one or more may apply to you, you might consider talking to a licensed insurance agent. If you want to speak to an agent in your area, complete this form. It only takes a few minutes and can help protect your family.

Car insurance 101

Having a good grasp of your policy aids in choosing which coverages you need for your vehicles. The terms used in a policy can be ambiguous and reading a policy is terribly boring.

Collision – Collision coverage will pay to fix damage to your XC60 caused by collision with another car or object. You will need to pay your deductible then your collision coverage will kick in.

Collision coverage pays for claims such as colliding with a tree, colliding with another moving vehicle, crashing into a ditch and sustaining damage from a pot hole. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are 8 years or older. Another option is to bump up the deductible in order to get cheaper collision rates.

Comprehensive or Other Than Collision – This coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. A deductible will apply then your comprehensive coverage will pay.

Comprehensive can pay for claims such as falling objects, theft, a tree branch falling on your vehicle and hail damage. The most you can receive from a comprehensive claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Medical costs insurance – Coverage for medical payments and/or PIP pay for bills for things like EMT expenses, pain medications and hospital visits. They are used in conjunction with a health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants as well as if you are hit as a while walking down the street. PIP is not available in all states and may carry a deductible

Liability coverage – Liability coverage will cover injuries or damage you cause to other people or property in an accident. It protects YOU against claims from other people. Liability doesn’t cover your injuries or vehicle damage.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see policy limits of 25/50/25 that translate to $25,000 in coverage for each person’s injuries, a total of $50,000 of bodily injury coverage per accident, and $25,000 of coverage for damaged propery.

Liability insurance covers things like court costs, pain and suffering, medical services and medical expenses. The amount of liability coverage you purchase is up to you, but it’s cheap coverage so purchase higher limits if possible.

UM/UIM Coverage – This protects you and your vehicle’s occupants from other drivers when they are uninsured or don’t have enough coverage. This coverage pays for injuries to you and your family as well as damage to your Volvo XC60.

Since a lot of drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage should not be overlooked.

Don’t break the bank

Budget-friendly insurance coverage is available both online and with local insurance agents, so you need to shop car insurance with both to get a complete price analysis. Some insurance providers may not provide price quotes online and usually these smaller companies only sell through local independent agencies.

We just presented many ideas to compare 2018 Volvo XC60 insurance rates online. The most important thing to understand is the more quotes you get, the better chance you’ll have of finding low cost car insurance. You may even discover the biggest savings come from a lesser-known regional company.

People change insurance companies for a variety of reasons including delays in responding to claim requests, poor customer service, questionable increases in premium or not issuing a premium refund. It doesn’t matter why you want to switch finding a new company can be less work than you think.

Much more information about insurance coverage can be found below: