Are you a victim of high-priced auto insurance? Believe me, you’re not alone. Because you have many choices of insurance companies, it is very difficult to pick the lowest price car insurance company.
Choosing the best insurance company for you is easy if you know what you’re doing. If you have insurance now or need a new policy, you will benefit by learning to cut your premiums and possibly find even better coverage. Drivers just need to learn the best way to compare prices online.
Compare the Market for Auto Insurance
Getting a lower price on Volvo XC90 insurance can be relatively painless. Consumers just need to spend a few minutes on the computer to compare rate quotes from different insurance companies. This is very easy and can be done using a couple different methods.
The most efficient way to find the lowest comparison rates is an all-inclusive rate comparison like this one (opens in new window). This form prevents you from having to do multiple quote forms for each company. One form will get you price quotes from many national carriers.
A less efficient way to compare rate quotes is to manually visit the website for every company you want to comare and fill out their own quote form. For sake of this example, we’ll assume you want to compare rates from Farmers, Progressive and GEICO. To find out each rate you need to take the time to go to each site and enter your policy data, and that’s why the first method is more popular.
To view a list of companies in your area, click here.
It’s your choice how you get your quotes, but ensure you are comparing identical information on every quote. If each company quotes mixed coverages then you won’t be able to determine the best price for your Volvo XC90.
Do you qualify for a discount?
Car insurance companies don’t always list every available discount in a way that’s easy to find, so we took the time to find both well-publicized and the harder-to-find discounts you could be receiving. If you aren’t receiving every discount available, you’re just leaving money on the table.
- Auto/Life Discount – Larger companies have lower rates if you buy auto and life insurance together.
- Auto/Home Discount – When you have multiple policies with one company you may earn at least 10% off all policies.
- Good Students Pay Less – Performing well in school can be rewarded with saving of up to 25%. Earning this discount can benefit you up to age 25.
- Passive Restraint Discount – Factory air bags or automatic seat belts can qualify for discounts of 20% or more.
- Accident Waiver – Certain companies will allow you to have one accident without raising rates so long as you haven’t had any claims for a certain period of time.
- Discount for New Cars – Insuring a new car is cheaper since new cars are generally safer.
- Discounts for Safe Drivers – Drivers who avoid accidents may receive a discount up to 45% less on XC90 insurance than drivers with accidents.
- No Claims – Claim-free drivers pay less compared to frequent claim filers.
- Senior Discount – If you qualify as a senior citizen, you may qualify for reduced rates on XC90 insurance.
- Service Members Pay Less – Having a deployed family member could be rewarded with lower premiums.
It’s important to note that most discounts do not apply to all coverage premiums. Some only apply to the price of certain insurance coverages like liability and collision coverage. Just because it seems like you can get free auto insurance, auto insurance companies aren’t that generous.
To see a list of insurance companies with discount auto insurance rates, click here.
Volvo XC90 insurance premiums are calculated by many factors
It’s important that you understand the factors that come into play when calculating your auto insurance rates. Knowing what influences your rates empowers consumers to make smart changes that can help you get big savings.
- Save money with special equipment – Choosing a vehicle with an alarm system can get you a discount on your auto insurance. Anti-theft devices like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system can thwart your vehicle from being stolen.
- Your location is important – Residing in less populated areas can be a good thing when it comes to auto insurance. Urban drivers regularly have much more traffic and longer commute times. Lower population means a lower chance of having an accident and also fewer theft and vandalism claims.
- Battle of the sexes – Statistics show that men are more aggressive behind the wheel. That doesn’t necessarily mean that men are WORSE drivers than women. Women and men have accidents at about the same rate, but the male of the species cause more damage. Men also tend to receive more costly citations such as DWI and reckless driving. Male drivers age 16 to 19 tend to get in the most accidents and therefore have the most expensive auto insurance rates.
- Protect your assets with liability insurance – Liability coverage provides coverage when you are found to be at fault for causing damage or personal injury in an accident. Liability insurance provides legal defense coverage which can cost thousands of dollars. Liability insurance is quite affordable when compared with rates for comp and collision, so drivers should carry high limits.
- How your age affects price – Teen drivers are known to get distracted easily when behind the wheel so they pay higher auto insurance rates. Older insureds are more responsible, statistically cause fewer accidents and get fewer tickets.
More effort can pay off
When trying to cut insurance costs, it’s a bad idea to reduce coverage to reduce premium. There are a lot of situations where someone dropped liability coverage limits only to regret that their decision to reduce coverage ended up costing them more. Your goal should be to purchase a proper amount of coverage at an affordable rate while still protecting your assets.
Lower-priced Volvo XC90 insurance is attainable from both online companies and with local insurance agents, so you should be comparing quotes from both in order to have the best price selection to choose from. Some companies do not offer you the ability to get quotes online and usually these small insurance companies provide coverage only through local independent agents.
