Cheaper 1992 Volvo 960 Insurance Cost

Locating low-cost insurance for your Volvo 960 can turn out to be an all-consuming task, but you can learn our auto insurance buying tips to make it easier.

There are both good and bad ways to compare auto insurance rates so you’re going to learn the quickest way to compare rates for your Volvo and find the lowest price either online or from local insurance agents.

You should take the time to price shop coverage on a regular basis because rates change quite often. If you had the lowest price for 960 insurance last year you will most likely find a better rate today. Ignore everything you know about auto insurance because you’re about to find out one of the quickest ways to save money, get proper deductibles and limits, all at the lowest rate.

Why you might be paying too much to insure your Volvo 960

Consumers need to have an understanding of some of the elements that go into determining auto insurance rates. When you know what positively or negatively influences your rates allows you to make educated decisions that can help you get much lower annual insurance costs.

  • Better crash test results mean better rates – Vehicles with high crash test scores tend to have better insurance rates. The safest vehicles protect occupants better and lower injury rates means lower claim amounts and lower rates for you. If your Volvo scored better than four stars on Safercar.gov it is probably cheaper to insure.
  • Bad driving skills means higher rates – Your driving citation history has a big impact on rates. Just one moving violation may increase your cost by twenty percent. Drivers with clean records have lower premiums compared to drivers with tickets. Drivers who have flagrant citations like hit and run, DWI or reckless driving convictions may need to file a SR-22 with their state DMV in order to keep their license.
  • Men fork out a little more – The statistics show women are more cautious behind the wheel. However, this does not mean women are better drivers. Women and men tend to get into accidents in similar numbers, but the males have costlier accidents. They also get more serious tickets such as reckless driving. Young males are most likely to cause an accident and thus pay the highest rates.
  • Do you work long hours in a high stress job? – Did you know your job can affect your rates? Jobs such as real estate brokers, social workers and stock brokers are shown to have the highest rates attributed to high stress levels and long work hours. On the other hand, occupations like scientists, students and homemakers pay the least for 960 insurance.
  • Don’t get talked into coverage you don’t need – There are a ton of extra bells and whistles that you can buy when buying auto insurance. Insurance for roadside assistance, towing coverage and motor club memberships are some examples. These may sound like a good investment when you first buy your policy, but if you don’t need them eliminate the coverages to reduce your premium.

Comparison of Car Insurance

Most companies allow you to get price estimates on the web. Obtaining pricing is quite simple as you simply enter your coverage preferences as requested by the quote form. After you submit the form the system orders your driving and credit reports and provides a quote.

Being able to quote online helps simplify price comparisons, but the process of having to visit multiple sites and fill out multiple forms gets old quite quickly. But it is imperative to get many rate quotes if you are searching for the lowest possible prices on car insurance.

The better way to compare rates

The smarter way to lower your rates makes use of a single form to obtain quotes from a lot of companies. It’s a real time-saver, eliminates form submissions, and makes online quotes a lot less work. After sending your information, it is quoted and you are able to buy your choice of the returned quotes.

If one or more price quotes are lower than your current rates, you can click and sign and purchase the new policy. The whole process takes less than 15 minutes and you will know how your current rates stack up.

In order to compare pricing, simply click here to open in new window and begin entering your coverage information. To compare your current rates, we recommend you complete the form with your coverages exactly as they are listed on your policy. This makes sure you are getting an apples-to-apples comparison using the same coverage and limits.

Is there truth in advertising?

Consumers can’t get away from ads for cheaper car insurance by companies like State Farm, Geico and Progressive. They all seem to make an identical promise of big savings if you switch to them.

How does each company make almost identical claims? This is how they do it.

All the different companies are able to cherry pick for the right customer that is profitable for them. For instance, a driver they prefer might be profiled as between the ages of 40 and 55, has no prior claims, and has excellent credit. Any new insured that hits that “sweet spot” will get the preferred rates and as a result will probably cut their rates substantially.

Potential customers who fall outside this ideal profile will be charged a higher premium which usually ends up with business not being written. The ads say “customers that switch” not “people who quote” save money. This is how insurance companies can advertise the savings.

That is why you should get as many comparisons as possible. It’s not possible to predict which company will give you the biggest savings on Volvo 960 insurance.

Cut your premium with discounts

Properly insuring your vehicles can get expensive, buy you may qualify for discounts that can drop the cost substantially. Certain discounts will be triggered automatically at the time you complete a quote, but a few need to be inquired about before you will receive the discount. If you aren’t receiving every discount you deserve, you are throwing money away.

  • Homeowners Pay Less – Being a homeowner can help you save on insurance coverage because maintaining a house is proof that your finances are in order.
  • Braking Control Discount – Cars that have steering control and anti-lock brakes can reduce accidents and earn discounts up to 10%.
  • College Student – Any of your kids who attend school more than 100 miles from home and do not have access to a covered vehicle may qualify for this discount.
  • Discount for Swiching Early – Some companies give discounts for signing up before your current expiration date. The savings is around 10%.
  • Theft Prevention System – Vehicles with anti-theft systems prevent vehicle theft and will save you 10% or more.
  • Low Mileage Discounts – Low mileage vehicles could qualify for lower rates on the low mileage vehicles.

A little note about advertised discounts, most discounts do not apply to the overall cost of the policy. Most only cut individual premiums such as comp or med pay. Just because you may think you can get free auto insurance, it doesn’t quite work that way. Any amount of discount will help reduce the amount you have to pay.

Companies that may have these money-saving discounts include:

Check with all companies you are considering which discounts you may be entitled to. Savings may not apply in your state.

What is the best insurance coverage?

When buying adequate coverage for your personal vehicles, there really is not a single plan that fits everyone. Coverage needs to be tailored to your specific needs.

For example, these questions can help discover whether your personal situation could use an agent’s help.

  • Are rental cars covered under my policy?
  • What happens if I owe more than my 1992 Volvo 960 is worth?
  • Do I need PIP (personal injury protection) coverage in my state?
  • How does medical payments coverage work?
  • Am I covered if hit by an uninsured driver?
  • When can my company non-renew my policy?
  • Will filing a claim cost me more?
  • Will my vehicle be repaired with OEM or aftermarket parts?

If it’s difficult to answer those questions but a few of them apply, you may need to chat with a licensed insurance agent. If you don’t have a local agent, simply complete this short form. It only takes a few minutes and may give you better protection.

Insurance specifics

Having a good grasp of a insurance policy can help you determine the best coverages for your vehicles. Policy terminology can be difficult to understand and even agents have difficulty translating policy wording.

Med pay and Personal Injury Protection (PIP) – Personal Injury Protection (PIP) and medical payments coverage pay for immediate expenses like funeral costs, dental work, chiropractic care, EMT expenses and ambulance fees. 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 both the driver and occupants and will also cover being hit by a car walking across the street. Personal Injury Protection is not universally available but can be used in place of medical payments coverage

Comprehensive insurance – Comprehensive insurance coverage covers damage from a wide range of events other than collision. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things like damage from flooding, theft, falling objects, hail damage and vandalism. The most you can receive from a comprehensive claim is the actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Auto liability – Liability coverage provides protection from damage or injury you incur to people or other property by causing an accident. It protects you from legal claims by others. It does not cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have policy limits of 50/100/50 which means $50,000 bodily injury coverage, a limit of $100,000 in injury protection per accident, and a limit of $50,000 paid for damaged property. Alternatively, you may have a combined single limit or CSL that pays claims from the same limit without having the split limit caps.

Liability coverage pays for claims like attorney fees, medical expenses, repair costs for stationary objects and loss of income. The amount of liability coverage you purchase is up to you, but it’s cheap coverage so purchase as much as you can afford.

Collision coverages – This will pay to fix damage to your 960 caused by collision with another vehicle or an object, but not an animal. You have to pay a deductible then your collision coverage will kick in.

Collision coverage pays for claims like rolling your car, scraping a guard rail, hitting a parking meter and colliding with a tree. Paying for collision coverage can be pricey, so consider removing coverage from lower value vehicles. Another option is to raise the deductible to save money on collision insurance.

Uninsured/Underinsured Motorist (UM/UIM) – This protects you and your vehicle when the “other guys” are uninsured or don’t have enough coverage. This coverage pays for medical payments for you and your occupants and damage to your Volvo 960.

Since a lot of drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. So UM/UIM coverage is a good idea. Frequently your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

Have the Midas touch

Lower-priced 1992 Volvo 960 insurance is definitely available from both online companies and also from your neighborhood agents, and you should compare price quotes from both to have the best chance of lowering rates. Some companies may not provide online quoting and these regional insurance providers work with independent agents.

Insureds switch companies for many reasons like unfair underwriting practices, questionable increases in premium, an unsatisfactory settlement offer and delays in responding to claim requests. Whatever your reason, finding a new company is pretty easy and you might even save some money in the process.

When trying to cut insurance costs, it’s a bad idea to buy poor coverage just to save money. There are many occasions where drivers have reduced liability limits or collision coverage and learned later that it was a big error on their part. Your aim should be to find the BEST coverage at an affordable rate, not the least amount of coverage.

Additional insurance coverage information can be found at these links: