Shoppers have many options when shopping for the lowest priced Volvo S70 insurance. You can either spend your time contacting agents getting price quotes or utilize the internet to make rate comparisons.
There is a better way to shop for car insurance and we’ll show you the quickest way to get price quotes for a new or used Volvo and obtain the lowest possible price from local insurance agents and online providers.
It’s a good idea to shop coverage around every six months since rates change quite often. Even if you got the best rates for S70 insurance a couple years back the chances are good that you can find a lower rate today. So block out anything you think you know about car insurance because I’m going to teach you the best way to find lower rates on car insurance.
The purpose of this post is to help educate you on the best way to quote coverages and some tricks to saving. If you currently have a car insurance policy, you stand a good chance to be able to save some money using these tips. But consumers must understand how companies compete online and use this information to your advantage.
Quick Car Insurance Quotes
Most major insurance companies give insurance quotes directly from their websites. Getting quotes doesn’t take a lot of time as you simply enter your required coverages as requested by the quote form. When complete, their system requests credit information and your driving record and generates a price based on many factors.
This streamlines rate comparisons, but the process of having to visit different websites and enter the same data into a form can be a bit tiresome and repetitive. But it is imperative to have as many quotes as possible in order to get lower prices.
A more efficient way to find lower prices requires only one form to return rates from a lot of companies. It’s a real time-saver, reduces the work, and makes online shopping a little more enjoyable. Immediately after submitting the form, your coverage is rated and you can choose any or none of the quotes that you receive.
If one or more price quotes are lower than your current rates, you can click and sign and purchase the new policy. The entire process only takes a few minutes and you’ll know if lower rates are available.
If you want to find out how much you can save on car insurance, click here and fill out the form. If you have your current policy handy, we recommend that you enter your coverages just like they are on your policy. This helps ensure you will be getting comparison quotes based on identical coverages.
Cut your premium with these seven discounts
The price of auto insurance can be rather high, but you can get discounts to help bring down the price. Certain discounts will be triggered automatically when you quote, but some may not be applied and must be specifically requested before being credited.
- Air Bag Discount – Vehicles equipped with air bags can get savings up to 30%.
- Accident Waiver – A few companies will forgive one accident before hitting you with a surcharge if your claims history is clear for a certain period of time.
- Safe Driver Discount – Insureds without accidents can pay as much as 50% less for S70 insurance than their less cautious counterparts.
- Drivers Education – Have your child complete a driver education course in school.
- Anti-theft Discount – Cars that have factory anti-theft systems help deter theft and therefore earn up to a 10% discount.
- Government Employees – Employees or retirees of the government can save as much as 8% for S70 insurance depending on your company.
- Life Insurance – Companies who offer life insurance give a discount if you purchase a life insurance policy as well.
A little note about advertised discounts, some of the credits will not apply the the whole policy. Most cut the cost of specific coverages such as collision or personal injury protection. So when the math indicates you would end up receiving a 100% discount, car insurance companies aren’t that generous. But any discount will cut your premiums.
To choose companies with discount car insurance rates, click here.
Specific coverages for a Volvo S70
Understanding the coverages of car insurance aids in choosing appropriate coverage and the correct deductibles and limits. The coverage terms in a policy can be difficult to understand and coverage can change by endorsement.
Coverage for liability
This coverage can cover damages or injuries you inflict on other people or property by causing an accident. It protects YOU against other people’s claims, and doesn’t cover damage to your own property or vehicle.
Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You might see values of 100/300/100 which means $100,000 in coverage for each person’s injuries, a per accident bodily injury limit of $300,000, and $100,000 of coverage for damaged propery. Some companies may use a combined limit which limits claims to one amount and claims can be made without the split limit restrictions.
Liability coverage pays for things such as legal defense fees, medical services, loss of income, structural damage and bail bonds. How much liability coverage do you need? That is a decision to put some thought into, but buy as high a limit as you can afford.
Collision insurance
This coverage pays for damage to your S70 resulting from a collision with another car or object. A deductible applies and then insurance will cover the remainder.
Collision can pay for claims like colliding with another moving vehicle, hitting a mailbox and crashing into a building. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. It’s also possible to increase the deductible in order to get cheaper collision rates.
Medical expense coverage
Med pay and PIP coverage pay for bills for things like EMT expenses, chiropractic care, dental work, pain medications and ambulance fees. They can be used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover all vehicle occupants as well as if you are hit as a while walking down the street. Personal Injury Protection is only offered in select states and may carry a deductible
Uninsured or underinsured coverage
This provides protection when other motorists either have no liability insurance or not enough. It can pay for hospital bills for your injuries and also any damage incurred to your Volvo S70.
Because many people carry very low liability coverage limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is very important. Frequently these limits do not exceed the liability coverage limits.
Comprehensive protection
Comprehensive insurance coverage pays to fix your vehicle from damage from a wide range of events other than collision. You first have to pay a deductible then your comprehensive coverage will pay.
Comprehensive coverage pays for claims like rock chips in glass, falling objects and fire damage. The highest amount you’ll receive from a claim is the actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.
