Are you at wits end from scraping nickels together to insure your Volvo every month? You have the same problem as most other consumers. Companies like Allstate, Liberty Mutual and State Farm promote their brand names with catchy ads and it can be hard to ignore the promise of big savings and effectively compare rates to find the best deal.
How to shop auto insurance online
Performing a rate comparison can be a lot of work if you don’t utilize the most efficient way to do it. You can waste hours driving to insurance companies in your area, or you could save time and use online quotes for quick rates.
Most major companies belong to an insurance system that enables customers to submit their information once, and every company then returns a price quote determined by their information. This eliminates the need for form submissions to every company.
To compare pricing click here to open in new window.
The only drawback to comparing rates this way is you can’t choose which providers you will receive quotes from. So if you prefer to choose individual companies to compare prices, we put together a list of companies who write auto insurance in your area. Click to view list.
How you compare quotes is your choice, just be sure you’re using equivalent deductibles and coverage limits for each quote you get. If you use different deductibles it will be impossible to decipher which rate is best. Just slight variations in coverage limits could throw off the whole comparison. And when quoting auto insurance, remember that more quotes provides better odds of finding the best rates. Not every company allows you to get quotes online, so it’s necessary to compare quotes on coverage from those companies, too.
These discounts can slash auto insurance rates
Companies do not list all their discounts very clearly, so the following is a list of both the well known as well as the least known auto insurance savings. If they aren’t giving you every credit available, you could be saving more on your auto insurance.
- Low Miles Discount – Driving less could be rewarded with lower auto insurancerates on the low mileage vehicles.
- Discount for Passive Restraints – Vehicles equipped with air bags or automatic seat belts may earn rate discounts of up to 25% or more.
- Onboard Data Collection – Insureds that choose to allow their company to scrutinize where and when they drive remotely such as Drivewise from Allstate or Snapshot from Progressive might get better premium rates as long as they are good drivers.
- Life Insurance – Not every insurance company offers life insurance, but if they do you may earn a small discount if you purchase life insurance from them.
- Buy New and Save – Buying coverage on a new vehicle can be considerably cheaper since newer vehicles are generally safer.
- No Charge for an Accident – Not necessarily a discount, but a few companies such as Liberty Mutual, Allstate and State Farm will allow you to have one accident before they charge you more for coverage so long as you are claim-free before the accident.
- Payment Discounts – If you can afford to pay the entire bill instead of making monthly payments you could save 5% or more.
- Lower Rates for Military – Being on active deployment in the military could trigger a small discount.
- Memberships – Being in certain professional organizations can get you a small discount on your next renewal.
- Discounts for Multiple Vehicles – Drivers who insure all your vehicles on one policy may reduce the rate for each vehicle.
Policy discounts save money, but most of the big mark downs will not be given the the whole policy. The majority will only reduce specific coverage prices like physical damage coverage or medical payments. So even though you would think it’s possible to get free car insurance, auto insurance companies aren’t that generous.
To choose providers with the best discounts, click this link.
When do I need an agent’s advice?
When choosing the right insurance coverage, there isn’t really a “perfect” insurance plan. Everyone’s situation is unique and your policy should reflect that. Here are some questions about coverages that may help highlight if your situation would benefit from professional advice.
- At what point should I drop full coverage?
- What if I don’t agree with a claim settlement offer?
- Should I put collision coverage on all my vehicles?
- When should I remove comp and collision on my Volvo 940?
- Is my nanny covered when driving my vehicle?
- Am I covered if I wreck a rental car?
If it’s difficult to answer those questions then you might want to talk to an insurance agent. To find an agent in your area, fill out this quick form or go to this page to view a list of companies.
You can lower your rates
The cheapest Volvo 940 insurance can be found online in addition to local insurance agencies, and you should compare rates from both in order to have the best chance of saving money. Some insurance providers do not provide the ability to get quotes online and usually these small insurance companies only sell coverage through independent agents.
You just learned some good ideas how to save on Volvo 940 insurance. It’s most important to understand that the more price quotes you have, the more likely it is that you will get a better rate. You may even find the lowest rates come from a small mutual company. These companies may cover specific market segments cheaper than the large multi-state companies such as Allstate, GEICO and Progressive.
