1991 Volvo 740 Insurance Quotes – 5 Tricks for Cheaper Rates

Looking for the cheapest car insurance rates for your Volvo 740? Finding the cheapest insurance for a new or used Volvo 740 can be an all-consuming task, but you can use our car insurance buying tips and make it easy.

There is a better way to buy car insurance and we’ll show you the proper way to price shop coverage for your Volvo and locate the best price possible from local insurance agents and online providers.

It’s a great practice to compare rates before your policy renews because rates are adjusted regularly by insurance companies. Just because you had the best rates on 740 coverage six months ago there is a good chance you can find better rates now. So forget anything you know (or think you know) about car insurance because it’s time to teach you the things you must know in order to properly buy coverages and cut your premium.

How to Get Insurance Coverage

Lowering your 1991 Volvo 740 insurance coverage rates is not a difficult process. All that’s required is to take a few minutes comparing rate quotes from different insurance companies. This can be accomplished in just a few minutes using one of these methods.

The easiest and least time consuming way consumers can make multiple comparisons is to use a rate comparison form click to view form in new window. This type of form saves time by eliminating separate quotation requests for each company. Filling out one form will return quotes from all major companies. It’s definitely the quickest method.

A more difficult way to shop for insurance coverage online is to manually visit each company website to request a price quote. For instance, let’s say you want rates from Geico, Safeco and GMAC. To find out each rate you need to take the time to go to each site and enter your policy data, which is why the first method is more popular. For a list of links to insurance companies in your area, click here.

The hardest way of getting rate comparisons is to waste gas driving to local insurance agencies. The ability to buy insurance online can eliminate the need for a local agent unless you require the personal advice of a licensed agent. It is possible to comparison shop online and get advice from an agent in your area and you’ll learn how to do that later.

Whichever method you choose, ensure you’re using the exact same quote information for each price quote. If you have different limits and deductibles on each one you will not be able to make a fair comparison for your Volvo 740.

Discounts can save BIG

Car insurance is not cheap, but there could be available discounts that can drop the cost substantially. Larger premium reductions will be automatically applied when you purchase, but a few need to be requested specifically prior to receiving the credit. If you aren’t receiving every discount possible, you are paying more than you should be.

  • Student in College – Kids in college who are attending college and do not have a car can be insured at a reduced rate.
  • Anti-lock Brake Discount – Vehicles equipped with ABS or steering control can reduce accidents and earn discounts up to 10%.
  • One Accident Forgiven – A few companies permit an accident before hitting you with a surcharge so long as you haven’t had any claims for a certain period of time.
  • Payment Method – If paying your policy premium upfront instead of monthly or quarterly installments you could save up to 5%.
  • Air Bag Discount – Vehicles with factory air bags or automatic seat belts may earn rate discounts of 20% or more.

It’s important to understand that many deductions do not apply to the entire cost. Most only cut the cost of specific coverages such as physical damage coverage or medical payments. Just because you may think all the discounts add up to a free policy, it doesn’t quite work that way. Any amount of discount will reduce your premiums.

To see a list of insurance companies with the best insurance coverage discounts, click this link.

Will just any policy work for me?

When it comes to buying proper insurance coverage for your vehicles, there is no single plan that fits everyone. Each situation is unique.

These are some specific questions could help you determine if your situation would benefit from an agent’s advice.

  • Am I insured when driving a different vehicle?
  • I have a DUI can I still get coverage?
  • Which companies will insure high-risk drivers?
  • Does coverage extend to Mexico or Canada?
  • What companies insure drivers after a DUI or DWI?
  • Can I rent a car in Mexico?
  • When would I need additional glass coverage?
  • Why is insurance for a teen driver so high?
  • What is the ISO rating for a 1991 Volvo 740?
  • Do I need replacement cost coverage on my 1991 Volvo 740?

If it’s difficult to answer those questions but a few of them apply, then you may want to think about talking to an insurance agent. To find an agent in your area, fill out this quick form. It is quick, free and can help protect your family.

Car insurance coverage breakdown

Understanding the coverages of your policy aids in choosing appropriate coverage and proper limits and deductibles. Car insurance terms can be difficult to understand and nobody wants to actually read their policy.

Auto collision coverage

Collision coverage pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You first must pay a deductible then your collision coverage will kick in.

Collision insurance covers things such as hitting a parking meter, damaging your car on a curb and crashing into a building. This coverage can be expensive, so analyze the benefit of dropping coverage from lower value vehicles. You can also choose a higher deductible in order to get cheaper collision rates.

Comprehensive auto coverage

This coverage will pay to fix damage OTHER than collision with another vehicle or object. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims like damage from flooding, vandalism, a broken windshield, theft and damage from getting keyed. The maximum payout you’ll receive from a claim is the actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

Medical payments and PIP coverage

Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses like ambulance fees, funeral costs, chiropractic care and doctor visits. They can be used to fill the gap from your health insurance policy or if you do not have health coverage. They cover not only the driver but also the vehicle occupants and also covers being hit by a car walking across the street. PIP is not an option in every state and may carry a deductible

Auto liability

This can cover damages or injuries you inflict on people or other property by causing an accident. Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show liability limits of 100/300/100 that translate to $100,000 in coverage for each person’s injuries, a per accident bodily injury limit of $300,000, and a total limit of $100,000 for damage to vehicles and property. Occasionally you may see a combined limit which limits claims to one amount and claims can be made without the split limit restrictions.

Liability can pay for things such as structural damage, court costs, repair costs for stationary objects, attorney fees and repair bills for other people’s vehicles. How much liability should you purchase? That is a personal decision, but you should buy as high a limit as you can afford.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Uninsured or Underinsured Motorist coverage provides protection from other drivers when they either have no liability insurance or not enough. This coverage pays for injuries to you and your family and also any damage incurred to your Volvo 740.

Since many drivers carry very low liability coverage limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Usually these limits do not exceed the liability coverage limits.

Make an honest buck

Insureds leave their current company for a number of reasons such as delays in paying claims, poor customer service, extreme rates for teen drivers and lack of trust in their agent. No matter why you want to switch, finding a new insurance coverage company is not as difficult as it may seem.

We covered a lot of tips how to lower your 1991 Volvo 740 insurance rates. The most important thing to understand is the more rate comparisons you have, the better your chances of lowering your rates. You may even discover the best price on insurance coverage is with some of the smallest insurance companies.

When buying insurance coverage, never reduce needed coverages to save money. There are too many instances where drivers have reduced liability coverage limits only to regret that it was a big mistake. Your goal should be to buy a smart amount of coverage at the best price while still protecting your assets.

Additional insurance coverage information is located at the links below