2015 Volvo S60 Car Insurance Cost – 10 Tips for Cheaper Prices

Feel like you’re a prisoner to an underperforming, overpriced insurance policy? Believe me, there are many consumers feeling the pinch from expensive insurance.

Since consumers have many insurance companies to choose from, it is hard for the average consumer to choose the most cost effective insurer.

It is always a good idea to shop coverage around yearly since insurance rates are variable and change quite frequently. Even if you got the best deal on S60 coverage on your last policy you can probably find a lower rate today. There is a lot of bad advice regarding insurance on the internet, so with this article, you’re going to get a bunch of ideas how to find affordable insurance.

Insurance Comparison Rates

There are multiple methods to compare 2015 Volvo S60 insurance quotes, but one way is easier and takes less work. You can spend your afternoon talking about coverages with local insurance agents in your area, or you could use online quoting to get the quickest rates.

Most major companies enroll in a system that allows shoppers to enter their coverage request one time, and every company then returns a price quote based on the submitted data. This saves time by eliminating quotation requests to each company. To compare 2015 Volvo S60 rates now click to open in new window.

The single downside to pricing coverage this way is that you can’t choose which companies you will receive quotes from. If you wish to select specific insurance companies for rate comparison, we have assembled a list of insurance companies in your area. Click here to view list.

Whichever way you use, ensure you are comparing the exact same coverages and limits for every company. If each company quotes different values for each quote it will be next to impossible to find the best deal for your Volvo S60. Slightly different coverage limits may result in a large different in cost. Just remember that comparing a large number of companies will increase your chances of finding lower pricing.

Best discounts on Volvo S60 coverage

Companies do not list every available discount very well, so the following is a list of both the well known and the harder-to-find auto insurance savings.

  • Bundle and Save – When you combine your home and auto insurance with one company you may save up to 20% off your total premium.
  • Military Discounts – Having a family member in the military could mean lower rates.
  • New Car Discount – Adding a new car to your policy can cost up to 25% less since new cars are generally safer.
  • Early Signing – Some companies give discounts for buying a policy before your current expiration date. This can save 10% or more.
  • Theft Prevention Discount – Vehicles equipped with anti-theft or alarm systems are stolen less frequently and will save you 10% or more.
  • Fewer Miles Equal More Savings – Low mileage vehicles can qualify you for better rates on cars that stay parked.
  • Defensive Driver – Successfully completing a course teaching defensive driving skills could cut 5% off your bill and easily recoup the cost of the course.
  • Sign Online – Some insurance companies give back up to $50 for buying your policy over the internet.
  • Safe Driver Discount – Drivers who avoid accidents can get discounts for up to 45% lower rates on S60 coverage than less cautious drivers.
  • Resident Student – Children who live away from home and don’t have a car may qualify for this discount.

It’s important to understand that some credits don’t apply to the entire cost. Most only cut individual premiums such as medical payments or collision. Just because it seems like adding up those discounts means a free policy, you won’t be that lucky.

To see a list of insurers offering auto insurance discounts, follow this link.

Tailor your coverage to you

When it comes to choosing the best car insurance coverage for your vehicles, there really is not a one size fits all plan. Everyone’s needs are different so your insurance needs to address that. These are some specific questions might help in determining if your insurance needs might need an agent’s assistance.

  • Do I pay less for low miles?
  • Am I covered if I wreck a rental car?
  • Is motorclub coverage worth it?
  • How much can I save by bundling my policies?
  • Where can I find DUI or SR-22 insurance?
  • What if I owe more than I can insure my car for?
  • What are the best liability limits?
  • What is high-risk coverage and where do I buy it?
  • Can I pay claims out-of-pocket if I buy high deductibles?

If you don’t know the answers to these questions but you think they might apply to your situation, you might consider talking to an agent. If you don’t have a local agent, fill out this quick form or click here for a list of car insurance companies in your area.

Do insurance companies bend the truth?

Insurance providers like State Farm, Allstate and GEICO consistently run television and radio advertisements. They all make an identical promise that you’ll save big if you change to their company. How can each company make the same claim?

Different companies have a certain “appetite” for the type of driver that makes them money. For instance, a driver they prefer could possibly be between the ages of 40 and 55, a clean driving record, and drives less than 10,000 miles a year. A driver who fits that profile gets the lowest rates and as a result will probably pay quite a bit less when switching companies.

Drivers who fall outside the requirements will be charged higher rates and ends up with business going elsewhere. The ad wording is “drivers who switch” not “everybody who quotes” save that much money. That’s the way companies can advertise the savings. That is why drivers should get a wide range of price quotes. It’s just too difficult to predict which insurance company will provide you with the cheapest Volvo S60 insurance rates.

Auto insurance coverage specifics

Understanding the coverages of your policy aids in choosing the right coverages at the best deductibles and correct limits. The terms used in a policy can be difficult to understand and reading a policy is terribly boring. Listed below are the normal coverages found on most auto insurance policies.

Comprehensive protection

Comprehensive insurance coverage covers damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims like hitting a bird, damage from getting keyed and damage from a tornado or hurricane. The maximum amount a auto insurance company will pay at claim time is the market value of your vehicle, so if the vehicle’s value is low consider dropping full coverage.

Medical expense coverage

Personal Injury Protection (PIP) and medical payments coverage pay for short-term medical expenses for things like EMT expenses, doctor visits and X-ray expenses. They are utilized in addition to your health insurance plan or if you are not covered by health insurance. Medical payments and PIP cover both the driver and occupants and will also cover being hit by a car walking across the street. Personal Injury Protection is not available in all states but it provides additional coverages not offered by medical payments coverage

Liability coverage

This provides protection from injuries or damage you cause to other’s property or people by causing an accident. This coverage protects you against other people’s claims, and does not provide coverage for damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You commonly see liability limits of 100/300/100 which means a $100,000 limit per person for injuries, a limit of $300,000 in injury protection per accident, and a total limit of $100,000 for damage to vehicles and property.

Liability coverage protects against claims such as medical services, structural damage, medical expenses, loss of income and repair bills for other people’s vehicles. How much liability should you purchase? That is a decision to put some thought into, but consider buying higher limits if possible.

Collision coverage

This coverage covers damage to your S60 from colliding with an object or car. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision can pay for claims like sideswiping another vehicle, colliding with another moving vehicle, hitting a parking meter and driving through your garage door. Paying for collision coverage can be pricey, so you might think about dropping it from lower value vehicles. It’s also possible to increase the deductible to get cheaper collision coverage.

Uninsured or underinsured coverage

Your UM/UIM coverage provides protection when other motorists do not carry enough liability coverage. It can pay for medical payments for you and your occupants as well as damage to your 2015 Volvo S60.

Due to the fact that many drivers carry very low liability coverage limits, their limits can quickly be used up. So UM/UIM coverage is very important.

Quote more. Save more.

When trying to cut insurance costs, do not skimp on critical coverages to save a buck or two. There are a lot of situations where someone dropped liability limits or collision coverage and discovered at claim time that the savings was not a smart move. Your strategy should be to purchase a proper amount of coverage at the best price while not skimping on critical coverages.

Discount 2015 Volvo S60 insurance is attainable online and also from your neighborhood agents, so you should be comparing quotes from both to have the best selection. There are still a few companies who may not provide the ability to get a quote online and usually these regional insurance providers provide coverage only through local independent agents.

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