Save on 1993 Volvo 940 Insurance Rates

Looking for lower insurance coverage rates for your Volvo 940? Feel like you’re a prisoner to overpriced insurance coverage? Trust us, there are many people just like you. There is such a variety of car insurance companies to buy insurance from, and although it’s a good thing to have a choice, too many choices makes it more difficult to compare rates and find the lowest cost insurance coverage.

Comprehensive Car Insurance Comparison

Shopping for lower car insurance rates can take time and effort if you don’t know the easiest way. You could spend your day driving to agents in your area, or you can stay home and use the web to achieve your goal.

Many popular insurance companies enroll in a system that allows shoppers to enter their coverage request one time, and at least one company returns a rated price for coverage. This eliminates the need for form submissions for each company you want a rate for.

To get comparison pricing now click to open in new window.

The one disadvantage to doing it this way is you can’t choose the providers you will receive quotes from. If you would rather choose individual companies to compare, we have assembled a list of companies who write car insurance in your area. Click here for list of insurance companies.

It’s up to you which method you use, but compare exactly the same coverage information on every quote you get. If you compare different deductibles it will be very difficult to determine the best price for your Volvo 940.

Save big with these discounts

Auto insurance companies do not advertise all their discounts in an easy-to-find place, so the following is a list of some of the best known as well as the least known auto insurance savings. If they aren’t giving you every credit possible, you’re just leaving money on the table.

Employee of Federal Government – Active or retired federal employment can earn a discount up to 10% for 940 coverage with a few auto insurance companies.
Multiple Vehicles – Having multiple vehicles with the same company may reduce the rate for each vehicle.
Student in College – Children who are attending college without a vehicle on campus can receive lower rates.
Service Members Pay Less – Being on active duty in the military could mean lower rates.
Auto/Home Discount – If you insure your home and vehicles with one company you could get a discount of at least 10% off all policies.
Drivers Ed for Students – Require your teen driver to complete a driver education course if it’s offered in school.
Life Insurance – Some companies give a discount if you purchase life insurance.
55 and Retired – If you qualify as a senior citizen, you may qualify for better auto insurance rates for 940 coverage.
Passive Restraint Discount – Cars that have air bags or motorized seat belts can qualify for discounts of more than 20%.
Drive Less and Save – Low mileage vehicles could be rewarded with a substantially lower rate.

Drivers should understand that some of the credits will not apply to the entire policy premium. Most only cut individual premiums such as physical damage coverage or medical payments. Even though it may seem like adding up those discounts means a free policy, it doesn’t quite work that way.

For a list of providers with discount auto insurance rates, follow this link.

But I don’t know anything about car insurance

When buying coverage, there is no single plan that fits everyone. Your needs are not the same as everyone else’s and a cookie cutter policy won’t apply. Here are some questions about coverages that may help you determine whether you would benefit from an agent’s advice.

Does my policy pay for OEM or aftermarket parts?
Am I covered if I hit a deer?
Am I covered if I wreck a rental car?
Do I need medical payments coverage since I have good health insurance?
What is the rate difference between pleasure use and commuting?
I don’t drive much so do I pay less?
What if I total my 1993 Volvo 940 and owe more than it’s worth?
Can my babysitter drive my car?
Am I covered when pulling a rental trailer?

If it’s difficult to answer those questions but one or more may apply to you then you might want to talk to a licensed insurance agent. To find lower rates from a local agent, fill out this quick form or you can go here for a list of companies in your area. It’s fast, free and may give you better protection.

Car insurance coverages for a 1993 Volvo 940

Having a good grasp of your car insurance policy can be of help when determining which coverages you need for your vehicles. Policy terminology can be ambiguous and coverage can change by endorsement. Below you’ll find typical coverage types offered by car insurance companies.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage reimburse you for expenses for things like rehabilitation expenses, prosthetic devices, X-ray expenses, surgery and doctor visits. They are utilized in addition to your health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants and also covers being hit by a car walking across the street. Personal injury protection coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

Uninsured/Underinsured Motorist coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle when other motorists either have no liability insurance or not enough. It can pay for hospital bills for your injuries and also any damage incurred to your 1993 Volvo 940.

Because many people have only the minimum liability required by law, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is very important.

Collision coverage

Collision coverage covers damage to your 940 resulting from colliding with an object or car. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims like crashing into a ditch, colliding with a tree, crashing into a building and sustaining damage from a pot hole. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from older vehicles. Another option is to choose a higher deductible in order to get cheaper collision rates.

Auto liability insurance

Liability insurance can cover injuries or damage you cause to other people or property in an accident. This insurance protects YOU against other people’s claims. Liability doesn’t cover your own vehicle damage or injuries.

It consists of 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 a limit of $25,000 per injured person, a per accident bodily injury limit of $50,000, and property damage coverage for $25,000.

Liability coverage protects against claims such as court costs, attorney fees, emergency aid, pain and suffering and medical services. How much coverage you buy is a personal decision, but buy as large an amount as possible.

Comprehensive coverage

This pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive can pay for claims such as falling objects, hitting a deer, a tree branch falling on your vehicle, rock chips in glass and hitting a bird. The highest amount your car insurance company will pay is the actual cash value, so if the vehicle is not worth much consider dropping full coverage.