2014 Volvo XC70 Insurance Quotes – 6 Tips to Save

Searching for cheaper insurance rates for your Volvo XC70? I can’t think of a single person who likes paying for insurance, in particular when they are paying too much.

Consumers have many car insurance companies to purchase coverage from, and even though it’s nice to have multiple companies, too many choices makes it more difficult to compare rates and cut insurance costs.

Choosing the best insurance company for you is not rocket science. Basically, everyone who is shopping for auto insurance will be able to reduce their rates. But consumers must comprehend how companies sell insurance online and apply this information to your search.

Car Insurance Prices

The are a couple different ways of comparing price quotes from car insurance companies in your area. By far the easiest way to compare 2014 Volvo XC70 insurance prices is to get quotes online. It is quite easy and can be accomplished in several different ways.

  • The first (and easiest) way consumers can make multiple comparisons is a comparison rater form click here to open form in new window. This type of form prevents you from having to do separate quotes for every car insurance company. Completing one form will get you rate comparisons from several companies.
  • Another way to get quotes online is to take the time to go to each company’s website to request a price quote. For examples sake, let’s assume you want to compare Auto-Owners, GEICO and Progressive. To get each rate you have to spend time on each company’s site to enter your coverage information, which is why most consumers use the first method.

    For a list of links to companies insuring cars in your area, click here.

  • The hardest method of getting rate comparisons is driving around to and from local insurance agencies. Shopping for car insurance online eliminates the need for an insurance agent unless you have a need for the professional guidance of a local agent. It is possible to compare the best prices online and get advice from an agent in your area.

Which method you use is up to you, but make sure you use apples-to-apples deductibles and coverage limits for each price quote. If you compare different limits and deductibles on each one you will not be able to determine the best price for your Volvo XC70. Slightly different limits may result in a large different in cost. And when comparing car insurance rates, know that having more price comparisons helps you find a better price.

The auto insurance bait and switch

Auto insurance providers like State Farm, Allstate and GEICO continually stream ads on television and other media. They all have a common claim of big savings after switching your policy. How does each company claim to save you money?

All companies have a preferred profile for the type of customer that makes them money. For instance, a preferred risk could be between the ages of 30 and 50, a clean driving record, and has a high credit rating. A propective insured who meets those qualifications gets the lowest rates and is almost guaranteed to pay quite a bit less when switching companies.

Consumers who do not match the “perfect” profile will have to pay more money and ends up with business not being written. The ads state “drivers who switch” not “everyone that quotes” save money. That is how insurance companies can confidently claim big savings. Because of the profiling, it’s extremely important to get as many comparisons as possible. You cannot predict which company will provide you with the cheapest Volvo XC70 insurance rates.

Get lower rates on 2014 Volvo XC70 insurance

Companies offering auto insurance don’t necessarily list every discount very well, so the following is a list of some of the best known and the more hidden insurance savings.

  • Accident Forgiveness – A handful of insurance companies permit an accident without raising rates as long as you don’t have any claims for a certain period of time.
  • Sign Online – A handful of insurance companies will discount your bill up to fifty bucks for buying a policy and signing up online.
  • Auto/Home Discount – When you combine your home and auto insurance with one company you may save at least 10% off all policies.
  • Anti-lock Brakes – Anti-lock brake equipped vehicles can avoid accidents and will save you 10% or more.
  • Organization Discounts – Being a member of a civic or occupational organization could trigger savings when shopping for insurance for XC70 coverage.
  • Seat Belts Save – Requiring all passengers to buckle their seat belts could cut 10% or more off the personal injury premium cost.

As a disclaimer on discounts, some of the credits will not apply the the whole policy. Most cut the cost of specific coverages such as liability, collision or medical payments. So even though it sounds like all the discounts add up to a free policy, you won’t be that lucky.

For a list of insurance companies with discount insurance rates, click here to view.

Tailor your coverage to you

When it comes to choosing the right insurance coverage, there really is no “perfect” insurance plan. Everyone’s situation is a little different and a cookie cutter policy won’t apply. For instance, these questions could help you determine whether your personal situation would benefit from professional advice.

  • Is a fancy paint job covered?
  • Is my 2014 Volvo XC70 covered for smoke damage?
  • What is the difference between comprehensive and collision coverage?
  • Where can I find DUI or SR-22 insurance?
  • Which is better, split liability limits or combined limits?
  • If my pet gets injured in an accident are they covered?
  • At what point should I drop full coverage?

If you don’t know the answers to these questions, you might consider talking to a licensed agent. To find an agent in your area, fill out this quick form or you can also visit this page to select a carrier

Specific coverage details

Having a good grasp of your policy helps when choosing the right coverages at the best deductibles and correct limits. Insurance terms can be difficult to understand and reading a policy is terribly boring. Listed below are typical coverage types found on most insurance policies.

Auto liability insurance

This coverage provides protection from injuries or damage you cause to other people or property. Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have values of 50/100/50 that translate to a limit of $50,000 per injured person, a limit of $100,000 in injury protection per accident, and $50,000 of coverage for damaged propery.

Liability insurance covers claims such as medical services, loss of income, structural damage and repair bills for other people’s vehicles. How much coverage you buy is a personal decision, but it’s cheap coverage so purchase as large an amount as possible.

Coverage for collisions

Collision insurance will pay to fix damage to your XC70 resulting from a collision 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 coverage pays for things like colliding with a tree, hitting a parking meter, damaging your car on a curb, colliding with another moving vehicle and crashing into a building. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Another option is to raise the deductible in order to get cheaper collision rates.

Comprehensive auto coverage

Comprehensive insurance coverage pays for damage OTHER than collision with another vehicle or object. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive insurance covers things like falling objects, hail damage, a broken windshield and damage from a tornado or hurricane. The most a insurance company will pay at claim time is the actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

UM/UIM (Uninsured/Underinsured Motorist) coverage

This provides protection when other motorists do not carry enough liability coverage. This coverage pays for injuries to you and your family as well as damage to your 2014 Volvo XC70.

Due to the fact that many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Medical payments and PIP coverage

Medical payments and Personal Injury Protection insurance pay for expenses like surgery, hospital visits and funeral costs. They are utilized in addition to your health insurance policy or if you are not covered by health insurance. They cover both the driver and occupants as well as any family member struck as a pedestrian. Personal Injury Protection is not an option in every state but it provides additional coverages not offered by medical payments coverage

Be a penny pincher

Throughout this article, we presented a lot of information how to shop for 2014 Volvo XC70 insurance online. The key concept to understand is the more price quotes you have, the better likelihood of reducing your rate. You may even discover the biggest savings come from a lesser-known regional company. Smaller companies can often provide lower rates in certain areas as compared to the big name companies such as Allstate and Progressive.

While you’re price shopping online, never sacrifice coverage to reduce premiums. In many cases, an insured dropped physical damage coverage only to find out they didn’t purchase enough coverage. Your focus should be to get the best coverage possible at an affordable rate, not the least amount of coverage.

The cheapest insurance is attainable on the web as well as from independent agents, and you need to price shop both in order to have the best price selection to choose from. Some insurance companies don’t offer the ability to get a quote online and these small insurance companies work with independent agents.

To learn more, take a look at the resources below: