View 2003 Volvo XC70 Insurance Rates

Looking for the cheapest insurance coverage rates for your Volvo XC70? Are you sick and tired of trying to scrape together enough money to insure your Volvo every month? You are no different than the majority of other car owners.

With so many insurance providers from which to choose, it is hard for the average consumer to pick the cheapest car insurance company.

How to Get Cheap Car Insurance

All the larger car insurance companies such as 21st Century, Allstate and State Farm allow you to get insurance quotes on their websites. Getting quotes doesn’t take much effort as you simply type in the coverages you want into the quote form. After you complete the form, their system gets reports for credit and driving violations and returns a price. Online price quotes makes it a lot easier to compare rates but having to visit several different sites and complete many quote forms can be a bit tiresome and repetitive. But it’s absolutely necessary to compare as many rates as possible in order to get the lowest price.

There is an easier way!

The smarter way to find cheaper rates uses one form that obtains quotes from more than one company. This type of form saves time, requires much less work on your part, and makes online shopping much easier. Once the form is submitted, your coverage is rated and you can choose any one of the returned quotes. If a lower price is quoted, you can click and sign and buy the policy. The entire process just takes a couple of minutes and you will know how your current rates stack up.

If you want to compare pricing, click here to open in a new tab and enter your information. To compare your current rates, we recommend you copy the limits and deductibles exactly as they are listed on your policy. This guarantees you will have rate quotes using the exact same coverages.

Do you qualify for discounts?

Auto insurance companies don’t always list every available discount very well, so the following is a list of both the well known and the more hidden discounts you could be receiving.

  • Senior Discount – Older drivers may qualify for a discount up to 10% on XC70 insurance.
  • Federal Employees – Being employed by or retired from a federal job can earn a discount up to 10% on XC70 insurance depending on your company.
  • More Vehicles More Savings – Insuring multiple cars or trucks on one policy could earn a price break for each car.
  • Seat Belts Save more than Lives – Drivers who require all occupants to wear their seat belts could cut 10% or more off your medical payments premium.
  • Driver Safety – Successfully completing a course teaching defensive driving skills could possibly earn you a 5% discount depending on where you live.
  • Anti-theft System – Cars that have factory anti-theft systems prevent vehicle theft and therefore earn up to a 10% discount.
  • Early Signing – Some companies give discounts for switching policies prior to your current policy expiring. This can save 10% or more.
  • Accident Forgiveness – Some insurance companies will forgive one accident without raising rates if you are claim-free for a particular time prior to the accident.
  • Passive Restraint Discount – Factory air bags or automatic seat belts may earn rate discounts up to 30%.

It’s important to understand that most of the big mark downs will not be given to your bottom line cost. Most only cut specific coverage prices like medical payments or collision. Just because you may think it’s possible to get free car insurance, you won’t be that lucky.

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

Don’t assume everyone needs the same coverage

When choosing coverage, there really is not a single plan that fits everyone. Every insured’s situation is different and your policy should reflect that. For instance, these questions might help in determining if your situation would benefit from professional advice.

  • What are the financial responsibility laws in my state?
  • What is UM/UIM insurance?
  • When should I buy a commercial auto policy?
  • How do I buy GAP insurance?
  • When would I need rental car insurance?
  • Do I need motorclub coverage?
  • What discounts do I qualify for?
  • Do all my vehicles need collision coverage?
  • Does coverage extend to a rental car in a foreign country?

If it’s difficult to answer those questions but one or more may apply to you then you might want to talk to an agent. If you don’t have a local agent, fill out this quick form or click here for a list of insurance coverage companies in your area.

Volvo XC70 rate determination is complex

It’s important that you understand some of the elements that play a part in calculating insurance rates. Having a good understanding of what controls the rates you pay helps enable you to make changes that can help you get lower insurance prices.

  • With age comes lower rates – Older insureds are more cautious drivers, statistically cause fewer accidents and receive fewer citations. Youthful drivers have a tendency to be less responsible when behind the wheel therefore insurance rates are much higher.
  • Better crash test results mean better rates – Cars with high safety ratings can get you lower premiums. These vehicles protect occupants better and fewer injuries translates into fewer and smaller insurance claims and thus lower rates. If your Volvo XC70 earned at least an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you may qualify for a discount.
  • Don’t skimp on liability – Your policy’s liability coverage is the coverage that protects you when a court rules you are at fault for causing damage or personal injury in an accident. Liability insurance provides legal defense coverage which can cost thousands of dollars. Liability insurance is quite affordable as compared to coverage for physical damage, so drivers should carry high limits.
  • Men pay higher rates – Statistics demonstrate women are more cautious behind the wheel. However, don’t assume that women are BETTER drivers than men. Both sexes tend to get into accidents at about the same rate, but the male of the species cause more damage and cost insurance companies more money. Men also tend to have more aggressive citations such as DWI and reckless driving.
  • How’s your driving record? – Your driving citation history has a big impact on rates. Just one moving violation can bump up the cost by as much as thirty percent. Drivers who don’t get tickets receive lower rates than bad drivers. Drivers who have serious citations like DUI or reckless driving may need to file a proof of financial responsibility form (SR-22) with the DMV in their state in order to continue driving.
  • Pleasure use saves money – Driving more miles each year the higher your rate. The majority of insurers apply a rate based upon how you use the vehicle. Cars that are left in the garage get more affordable rates than those used for commuting. Verify your insurance coverage properly reflects the proper vehicle usage. If your policy improperly rates your XC70 can cost quite a bit.

Do you really save 40% when you switch?

Companies like 21st Century, Allstate and State Farm consistently run ads on television and other media. All the ads say the same thing that you can save if you change to their company. How do they all make the same claim? This is how they do it.

Different companies have a certain “appetite” for the driver that earns them a profit. A good example of a desirable insured might be profiled as between 30 and 50, has no prior claims, and has great credit. Any new insured who fits that profile will qualify for the lowest rates and as a result will probably cut their rates substantially.

Consumers who don’t measure up to the requirements will be charged a more expensive rate which usually ends up with business not being written. The ads state “customers that switch” not “everybody who quotes” save that kind of money. That is how companies can make those claims. That is why you need to compare as many rates as you can. It is impossible to predict the company that will give you the biggest savings on Volvo XC70 insurance.

Learn about car insurance coverages for a 2003 Volvo XC70

Knowing the specifics of your car insurance policy can be of help when determining the right coverages and the correct deductibles and limits. The terms used in a policy can be ambiguous and coverage can change by endorsement. Shown next are typical coverages available from car insurance companies.

Collision coverage protection

Collision coverage covers damage to your XC70 caused by collision with an object or car. You will need to pay your deductible then your collision coverage will kick in.

Collision insurance covers things such as rolling your car, sustaining damage from a pot hole, hitting a mailbox, colliding with another moving vehicle and crashing into a ditch. This coverage can be expensive, so consider removing coverage from vehicles that are 8 years or older. You can also bump up the deductible to save money on collision insurance.

Liability auto insurance

This coverage will cover injuries or damage you cause to a person or their property. It protects you from legal claims by others. Liability doesn’t cover damage to your own property or vehicle.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You might see values of 100/300/100 that means you have a limit of $100,000 per injured person, a total of $300,000 of bodily injury coverage per accident, and $100,000 of coverage for damaged propery.

Liability coverage protects against claims such as court costs, legal defense fees and repair bills for other people’s vehicles. The amount of liability coverage you purchase is a decision to put some thought into, but buy as large an amount as possible.

Comprehensive coverages

Comprehensive insurance coverage will pay to fix damage OTHER than collision with another vehicle or object. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive can pay for things such as damage from getting keyed, a tree branch falling on your vehicle, rock chips in glass, damage from flooding and theft. The maximum payout your car insurance company will pay is the actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Coverage for medical payments

Medical payments and Personal Injury Protection insurance kick in for expenses for EMT expenses, surgery, hospital visits and funeral costs. They are often utilized in addition to your health insurance program or if you do not have health coverage. Coverage applies to all vehicle occupants and also covers any family member struck as a pedestrian. PIP coverage is not an option in every state and gives slightly broader coverage than med pay

Uninsured and underinsured coverage

This coverage provides protection from other drivers when they either are underinsured or have no liability coverage at all. It can pay for hospital bills for your injuries as well as your vehicle’s damage.

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. This is the reason having UM/UIM coverage should not be overlooked.

Find Good Coverage for Less

When trying to cut insurance costs, do not skimp on coverage in order to save money. There have been many cases where drivers have reduced comprehensive coverage or liability limits and found out when filing a claim that the few dollars in savings costed them thousands. Your goal should be to buy the best coverage you can find at the best price.

We just showed you quite a bit of information on how to get a better price on 2003 Volvo XC70 insurance. The key concept to understand is the more you quote, the better likelihood of reducing your rate. Consumers may even find the lowest priced insurance coverage comes from some of the lesser-known companies. These companies may often insure only within specific states and give getter rates than their larger competitors like Allstate, Geico and Progressive.

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