View 2009 Volvo XC70 Insurance Quotes

Looking for the cheapest insurance rates for your Volvo XC70? Are you tired of not being able to afford each month for car insurance? You are in the same boat as millions of other consumers. Drivers have so many car insurance companies to choose from, and although it’s a good thing to have a choice, it can be more difficult to get the best deal.

Consumers should take time to price shop coverage at least once a year since rates go up and down regularly. Despite the fact that you may have had the best rates for XC70 insurance six months ago you may be paying too much now. There is a lot of bad advice regarding insurance online, so I’m going to show you a bunch of ideas how to slash your insurance rates.

Parts of the Volvo XC70 rate equation

Smart consumers have a good feel for the rating factors that come into play when calculating your insurance rates. Having a good understanding of what influences your rates helps enable you to make changes that will entitle you to lower insurance prices.

  • Higher safety ratings means cheaper insurance – Vehicles with good safety scores tend to have better insurance rates. Safer cars protect occupants better and better occupant protection means less money paid by your insurance company passed on to you as lower rates. If your Volvo XC70 is rated at least four stars on Safercar.gov or an “acceptable” rating on iihs.org you are probably receiving a discount.
  • Where you live is a factor – Being located in a rural area has it’s advantages when talking about insurance. Drivers in populated areas regularly have congested traffic and longer commutes to work. Fewer drivers means a lower chance of having an accident as well as less vandalism and auto theft.
  • Pleasure use saves money – The higher the mileage driven in a year’s time the higher your rates will be. Almost all companies price each vehicle’s coverage determined by how the vehicle is used. Vehicles left parked in the garage get more affordable rates compared to those used for work or business. An improperly rated XC70 may be wasting your money. Make sure your insurance declarations sheet is showing the correct usage for each vehicle.
  • Your credit rating is important – A driver’s credit score is a important factor in your rate calculation. If your credit history is lower than you’d like, you could potentially save money when insuring your 2009 Volvo XC70 by improving your credit score. Drivers who have high credit scores tend to be better drivers and file fewer claims than drivers who have poor credit.
  • Special features that cut premiums – Choosing a vehicle with anti-theft technology or alarm system can help bring down rates. Theft prevention features like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system can thwart your car from being stolen.

Discounts are great for lower rates

Auto insurance companies don’t necessarily list all their discounts in an easy-to-find place, so we researched both the well known and the more hidden discounts you could be receiving. If they aren’t giving you every credit you qualify for, you’re just leaving money on the table.

  • Low Mileage – Driving fewer miles can qualify you for better rates on cars that stay parked.
  • Good Student Discount – A discount for being a good student can get you a discount of up to 25%. The good student discount can last until age 25.
  • No Charge for an Accident – Some insurance companies permit an accident without raising rates so long as you haven’t had any claims for a set time period.
  • Driver’s Ed – Have your child successfully complete driver’s ed class in high school.
  • Distant Student – Kids in college who are attending college without a vehicle on campus can be insured at a reduced rate.
  • Senior Discount – Older drivers may receive better auto insurance rates for XC70 insurance.
  • Discount for Swiching Early – Some insurance companies reward drivers for switching to them prior to your current policy expiring. The savings is around 10%.
  • Paperless Signup – A few companies may give you up to $50 just for signing your application over the internet.
  • Braking Control Discount – Vehicles with anti-lock braking systems prevent accidents and earn discounts up to 10%.

It’s important to understand that some credits don’t apply to all coverage premiums. Most only reduce the cost of specific coverages such as liability, collision or medical payments. So when the math indicates all the discounts add up to a free policy, you’re out of luck.

Insurance companies that may offer some of the above discounts may include but are not limited to:

Before buying, ask every prospective company what discounts are available to you. Savings might not apply in your area.

Advertising myths

Consumers can’t ignore all the ads for cheaper car insurance by State Farm and Allstate. All the ads make an identical promise that you can save if you switch to their company.

But how can every company make almost identical claims?

All companies have a certain “appetite” for the driver that earns them a profit. An example of a preferred risk could possibly be between 25 and 40, owns a home, and has excellent credit. A driver who matches those parameters will get very good rates and therefore will cut their rates substantially.

Drivers who fall outside the requirements will be quoted more money which leads to business going elsewhere. The ad wording is “drivers who switch” not “everyone that quotes” save that kind of money. That’s the way insurance companies can advertise the savings. This emphasizes why you need to get quotes from several different companies. You cannot predict the company that will provide you with the cheapest Volvo XC70 insurance rates.

You may need specialized coverage

When it comes to choosing coverage for your personal vehicles, there isn’t really a cookie cutter policy. Everyone’s situation is a little different so your insurance needs to address that. For example, these questions may help you determine whether your personal situation might need professional guidance.

  • Why am I required to buy liability insurance?
  • Can my babysitter drive my car?
  • Does my insurance cover damage caused when ticketed for reckless driving?
  • Can I rate high risk drivers on liability-only vehicles?
  • How many claims can I have before being cancelled?
  • Can I rent a car in Mexico?
  • How do I file an SR-22 for a DUI in my state?
  • What is the ISO rating for a 2009 Volvo XC70?

If it’s difficult to answer those questions but a few of them apply, then you may want to think about talking to an agent. To find an agent in your area, complete this form or click here for a list of car insurance companies in your area. It’s fast, doesn’t cost anything and can help protect your family.

Auto insurance coverages explained

Understanding the coverages of auto insurance aids in choosing the right coverages for your vehicles. Auto insurance terms can be impossible to understand and even agents have difficulty translating policy wording. Listed below are the normal coverages available from auto insurance companies.

Coverage for uninsured or underinsured drivers – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other motorists when they do not carry enough liability coverage. It can pay for medical payments for you and your occupants as well as damage to your Volvo XC70.

Because many people only carry the minimum required liability limits, their limits can quickly be used up. So UM/UIM coverage should not be overlooked.

Liability auto insurance – Liability coverage can cover damages or injuries you inflict on a person or their property. It protects YOU against claims from other people, and 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. As an example, you may have policy limits of 50/100/50 that translate to $50,000 in coverage for each person’s injuries, a per accident bodily injury limit of $100,000, and a limit of $50,000 paid for damaged property.

Liability coverage pays for things such as medical expenses, funeral expenses and pain and suffering. How much liability coverage do you need? That is a decision to put some thought into, but it’s cheap coverage so purchase as high a limit as you can afford.

Comprehensive auto insurance – This pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive can pay for claims like vandalism, a tree branch falling on your vehicle, hail damage, rock chips in glass and falling objects. The highest amount you’ll receive from a claim is the actual cash value, so if the vehicle’s value is low consider dropping full coverage.

Coverage for medical expenses – Med pay and PIP coverage kick in for expenses such as hospital visits, doctor visits, rehabilitation expenses, EMT expenses and prosthetic devices. The coverages can be used to fill the gap from your health insurance program or if there is no health insurance coverage. It covers not only the driver but also the vehicle occupants and will also cover if you are hit as a while walking down the street. PIP coverage is not an option in every state but can be used in place of medical payments coverage

Collision coverages – Collision insurance will pay to fix damage to your XC70 from colliding with another vehicle or an object, but not an animal. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims such as hitting a parking meter, hitting a mailbox, crashing into a ditch, sideswiping another vehicle and colliding with another moving vehicle. Collision coverage makes up a good portion of your premium, so consider removing coverage from older vehicles. You can also choose a higher deductible to save money on collision insurance.

More choices the merrier

Cost effective 2009 Volvo XC70 insurance is definitely available from both online companies and also from your neighborhood agents, and you should compare price quotes from both in order to have the best chance of saving money. Some insurance companies may not provide you the ability to get quotes online and these small, regional companies work with independent agents.

When shopping online for insurance coverage, it’s very important that you do not buy lower coverage limits just to save a few bucks. In too many instances, an insured cut comprehensive coverage or liability limits and learned later they didn’t purchase enough coverage. The ultimate goal is to buy enough coverage for the lowest price.

Much more information about insurance coverage can be found at the links below