Lower Your 1990 Volvo 780 Insurance Cost

Are you tired of being strong-armed to insure your Volvo every month? You are in the same boat as many other consumers. There are many insurers to buy insurance from, and even though it’s nice to be able to choose, so many choices can make it hard to find the lowest rates.

It is always a good idea to do rate comparisons on a regular basis since insurance rates are constantly changing. Just because you had the best rates on 780 coverage a few years ago there may be better deals available now. Block out anything you think you know about car insurance because we’re going to demonstrate the best methods to properly buy coverages while reducing your premium.

Quick Insurance Coverage Quotes

Getting a cheaper price on 1990 Volvo 780 insurance is actually quite simple. All that’s required is to spend a few minutes to compare rate quotes provided by online insurance companies. This can be accomplished in several different ways.

  1. One of the simplest ways to find low rates is a comparison rater form like this one (opens in new window). This method saves time by eliminating repetitive form entry for each company you want a rate for. Taking the time to complete one form compares rates from all major companies.
  2. Another way to find lower rates is spending the time to visit the website of each company and complete a new quote form. For example, we’ll assume you want comparison quotes from Farmers, Allstate and Liberty Mutual. To get rate quotes you would need to visit each site and enter your policy data, which is why the first method is quicker.

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

  3. The hardest way of comparing rate quotes is driving to local insurance agencies. Shopping for insurance coverage online makes this process obsolete unless you have a need for the trained guidance of a licensed agent. Drivers can compare the best prices online and get advice from an agent in your area and you’ll learn how to do that later.

It doesn’t matter which method you choose, just make absolute certain that you use the exact same quote information with every price quote. If you enter differing limits then you won’t be able to determine which rate is truly the best.

Be sure to get all your discounts

Auto insurance companies don’t always advertise all their discounts very well, so we researched some of the best known and the more hidden insurance savings. If you don’t get every credit you qualify for, you’re paying more than you need to.

  • Organization Discounts – Participating in a civic or occupational organization is a good way to get lower rates when shopping for insurance on 780 coverage.
  • Discount for Good Grades – This discount can save 20 to 25%. The good student discount can last up until you turn 25.
  • Early Signing – A few companies offer discounts for switching to them prior to your current policy expiring. This can save 10% or more.
  • Pay Now and Pay Less – If you pay your bill all at once rather than paying monthly you can actually save on your bill.
  • Theft Prevention Discount – Cars that have factory anti-theft systems are stolen less frequently and therefore earn up to a 10% discount.
  • Passive Restraint Discount – Factory air bags can qualify for discounts up to 30%.
  • Anti-lock Brake Discount – Vehicles with anti-lock braking systems can reduce accidents and will save you 10% or more.
  • Service Members Pay Less – Being on active duty in the military could be rewarded with lower premiums.
  • Discount for Life Insurance – Some companies give a discount if you purchase life insurance.
  • Bundle and Save – If you have multiple policies with the same company you will save at least 10% off all policies.

It’s important to understand that most of the big mark downs will not be given to all coverage premiums. Most only reduce individual premiums such as medical payments or collision. So even though they make it sound like all those discounts means the company will pay you, companies wouldn’t make money that way.

To see a list of companies who offer insurance discounts, follow this link.

How do I know if I need professional advice?

When choosing adequate coverage for your personal vehicles, there really is no cookie cutter policy. Every insured’s situation is different so your insurance should reflect that For example, these questions could help you determine if your insurance needs might need professional guidance.

  • Is pleasure use cheaper than using my 1990 Volvo 780 to commute?
  • Do I need medical payments coverage since I have good health insurance?
  • Do I have coverage when making deliveries for my home business?
  • Why is insurance for a teen driver so high?
  • Do I need added coverage for expensive stereo equipment?
  • Is my business laptop covered if it gets stolen from my vehicle?
  • Should I have a commercial auto policy?
  • Am I covered if I break a side mirror?
  • Am I covered if I crash into my own garage door?
  • Will filing a claim cost me more?

If you can’t answer these questions, then you may want to think about talking to a licensed insurance agent. If you don’t have a local agent, fill out this quick form or you can go here for a list of companies in your area. It only takes a few minutes and can provide invaluable advice.

Parts of your insurance policy

Understanding the coverages of a insurance policy can help you determine appropriate coverage at the best deductibles and correct limits. Insurance terms can be ambiguous and coverage can change by endorsement. These are the normal coverages available from insurance companies.

Med pay and Personal Injury Protection (PIP)

Coverage for medical payments and/or PIP kick in for bills like EMT expenses, nursing services, funeral costs and pain medications. The coverages can be used to fill the gap from your health insurance plan or if you are not covered by health insurance. They cover you and your occupants and will also cover getting struck while a pedestrian. PIP coverage is only offered in select states but can be used in place of medical payments coverage

Collision coverage

This pays for damage to your 780 from colliding with another car or object. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for things such as rolling your car, sideswiping another vehicle, hitting a mailbox, backing into a parked car and colliding with a tree. This coverage can be expensive, so consider dropping it from vehicles that are older. Another option is to bump up the deductible to bring the cost down.

Uninsured/Underinsured Motorist (UM/UIM)

This coverage protects you and your vehicle’s occupants from other drivers when they are uninsured or don’t have enough coverage. Covered losses include injuries to you and your family and damage to your 1990 Volvo 780.

Since many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.

Comprehensive insurance

Comprehensive insurance pays to fix your vehicle from damage that is not covered by collision coverage. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers things such as hail damage, hitting a deer, rock chips in glass and a tree branch falling on your vehicle. The most you can receive from a comprehensive claim is the actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Liability car insurance

Liability coverage provides protection from damages or injuries you inflict on a person or their property. This insurance protects YOU from claims by other people. It does not cover damage to your own property or vehicle.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You commonly see policy limits of 25/50/25 that means you have $25,000 bodily injury coverage, a limit of $50,000 in injury protection per accident, and a limit of $25,000 paid for damaged property.

Liability coverage protects against things such as attorney fees, structural damage and repair costs for stationary objects. How much coverage you buy is a decision to put some thought into, but consider buying as much as you can afford.