Cheap 1997 Volvo 850 Car Insurance Cost

Trying to find cheaper insurance rates for your Volvo 850? No one in their right mind looks forward to buying insurance, especially knowing they are paying too much.

Because there are so many options, it can be diffult for consumers to locate the best company.

Choosing the best insurance company for you is quite easy. If you have car insurance now, you stand a good chance to be able to save some money using this information. But consumers benefit from understanding the way companies market insurance on the web and use this information to your advantage.

The quickest method we recommend to compare rate quotes is to take advantage of the fact auto insurance companies allow for online access to provide you with a free rate quote. All you need to do is provide information like the make and model of your vehicles, deductibles desired, the ages of drivers, and how your vehicles are used. The data is instantly provided to multiple companies and they respond with quotes very quickly.

To start a quote now, click here and find out if lower rates are available.

Don’t overlook these discounts

Auto insurance companies don’t always publicize all available discounts in an easy-to-find place, so here is a list some of the more common and the harder-to-find discounts you could be receiving.

  • Drivers Education – Have your child enroll in driver’s education if it’s offered in school.
  • Anti-lock Brake Discount – Anti-lock brake equipped vehicles are safer to drive and qualify for as much as a 10% discount.
  • Pay Upfront and Save – By paying your policy upfront instead of making monthly payments you could save 5% or more.
  • Discount for Life Insurance – Companies who offer life insurance give a break if you buy a life insurance policy as well.
  • Drive Safe and Save – Insureds without accidents may save up to 50% more on 850 insurance than their less cautious counterparts.
  • Multiple Cars – Having all your vehicles on one policy could earn a price break for each car.
  • Seat Belts Save – Using a seat belt and requiring all passengers to wear their seat belts could save 15% off your medical payments premium.
  • Auto/Home Discount – When you combine your home and auto insurance with the same insurance company you may earn up to 20% off your total premium.
  • Anti-theft Discount – Vehicles equipped with anti-theft or alarm systems are stolen less frequently and will save you 10% or more.

Consumers should know that many deductions do not apply to all coverage premiums. Some only apply to the price of certain insurance coverages like liability, collision or medical payments. So when it seems like you would end up receiving a 100% discount, you’re out of luck.

To see a list of insurers offering insurance coverage discounts, click here.

Is my situation unique?

When it comes to choosing coverage for your vehicles, there isn’t really a single plan that fits everyone. Every insured’s situation is different so your insurance needs to address that. These are some specific questions might help in determining if you may require specific advice.

  • How much liability insurance is required?
  • Can I make deliveries for my home business?
  • Do I need motorclub coverage?
  • Am I covered if hit by an uninsured driver?
  • Is a new car covered when I drive it off the dealer lot?
  • Can my teen drive my company car?
  • Do I have coverage when using my vehicle for my home business?
  • Does my medical payments coverage pay my health insurance deductible?

If you’re not sure about those questions, you may need to chat with an insurance agent. To find lower rates from a local agent, take a second and complete this form or go to this page to view a list of companies.

Volvo 850 premiums are determined by many factors

Consumers need to have an understanding of the different types of things that help determine the rates you pay for car insurance. When you know what positively or negatively influences your rates enables informed choices that could result in lower car insurance prices.

The following are some of the factors car insurance companies consider when setting premiums.

  • Higher safety ratings means cheaper insurance – Safer cars tend to have better insurance rates. Safer cars protect occupants better and fewer injuries means less money paid by your insurance company and more competitive rates for policyholders. If the Volvo 850 is rated at least an “acceptable” rating on the Insurance Institute for Highway Safety website it may be receiving lower rates.
  • Equipment add-ons that lower car insurance rates – Choosing a vehicle with an alarm system can get you a discount on your car insurance. Theft prevention features such as LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system can thwart your vehicle from being stolen.
  • Pay less after the wedding – Getting married actually saves money when buying car insurance. Having a significant other is viewed as being more mature than a single person it has been statistically shown that married drivers get in fewer accidents.
  • Traffic citations inflate rates – Just one moving violation can increase rates by twenty percent. Good drivers tend to pay less for car insurance compared to drivers with tickets. Drivers who have flagrant citations like DWI, reckless driving or hit and run convictions may need to submit a SR-22 or proof of financial responsibility with their state DMV in order to keep their license.
  • Do men or women drive better? – The statistics show that women are safer drivers than men. That doesn’t necessarily mean that women are better drivers. Women and men are in accidents in similar percentages, but the males cause more damage. They also have more aggressive citations like DUI and reckless driving. Young males are several times more likely to be in an accident and therefore have the most expensive car insurance rates.
  • More claims means more premium – If you file claims often, you can pretty much guarantee either a policy non-renewal or much higher rates. Auto insurance companies give discounts to policyholders who file claims infrequently. Auto insurance is meant to be used in the event of the large, substantial claims.

Auto insurance coverage considerations

Having a good grasp of a auto insurance policy aids in choosing which coverages you need and proper limits and deductibles. The coverage terms in a policy can be ambiguous and even agents have difficulty translating policy wording. Listed below are typical coverage types found on most auto insurance policies.

Liability – Liability insurance will cover damages or injuries you inflict on other’s property or people. This insurance protects YOU from legal claims by others, and doesn’t cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see 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 property damage coverage for $25,000.

Liability insurance covers things such as legal defense fees, funeral expenses, medical services and repair bills for other people’s vehicles. How much coverage you buy is a personal decision, but buy as high a limit as you can afford.

Uninsured or underinsured coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle from other motorists when they either are underinsured or have no liability coverage at all. It can pay for injuries to you and your family as well as your vehicle’s damage.

Since a lot of drivers have only the minimum liability required by law, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.

Collision coverage – This will pay to fix damage to your 850 resulting from colliding with another vehicle or an object, but not an animal. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers things such as sustaining damage from a pot hole, hitting a mailbox, backing into a parked car and hitting a parking meter. This coverage can be expensive, so consider dropping it from lower value vehicles. You can also raise the deductible to bring the cost down.

Medical expense coverage – Coverage for medical payments and/or PIP pay for short-term medical expenses for things like X-ray expenses, doctor visits, nursing services, rehabilitation expenses and funeral costs. The coverages can be utilized in addition to your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover not only the driver but also the vehicle occupants and also covers getting struck while a pedestrian. Personal Injury Protection is not available in all states but can be used in place of medical payments coverage

Comprehensive protection – This coverage pays for damage OTHER than collision with another vehicle or object. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive can pay for things like a broken windshield, damage from flooding, hail damage and rock chips in glass. The highest amount a auto insurance company will pay at claim time is the ACV or actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Stretch your dollar

While you’re price shopping online, make sure you don’t buy less coverage just to save a little money. Too many times, drivers have reduced liability limits or collision coverage and discovered at claim time they didn’t purchase enough coverage. The proper strategy is to purchase plenty of coverage at an affordable rate, not the least amount of coverage.

The cheapest 1997 Volvo 850 insurance is definitely available on the web in addition to many insurance agents, and you need to price shop both so you have a total pricing picture. Some insurance coverage companies do not provide the ability to get a quote online and many times these regional insurance providers only sell through independent insurance agents.

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