Cheap 2010 Volvo S80 Car Insurance Rates

Trying to find the cheapest auto insurance rates for your Volvo S80? Sick and tired of being strong-armed to buy car insurance? Your situation is no different than most other car owners. Many car insurance companies vie to insure your vehicles, so it’s not easy to compare every insurer to find the absolute lowest rate

It’s a good habit to compare prices on a regular basis because prices go up and down regularly. Just because you found the lowest rates on S80 coverage two years ago you can probably find a better price now. There is too much inaccurate information about auto insurance on the web, but I’m going to show you a bunch of ideas how to stop overpaying for insurance.

Comprehensive Auto Insurance Comparison

Cutting your auto insurance rates is surprisingly easy. Consumers just need to invest a little time getting comparison quotes online with multiple companies. This is very easy and can be done in a couple of different ways.

  1. The fastest way to compare a lot of rates at once is an all-inclusive rate comparison click here to open form in new window. This method keeps you from doing separate quotation requests for each company you want a rate for. Just one form will get you price quotes from multiple companies.
  2. A slightly less efficient method to analyze rates is to manually visit the website for each individual company and complete a new quote form. For sake of this example, let’s say you want comparison quotes from State Farm, Safeco and Liberty Mutual. To get rate quotes you would need to go to every website to enter your coverage information, and that’s why the first method is more popular.

    For a list of links to companies insuring cars in your area, click here.

It’s up to you how you get prices quotes, just compare identical coverage limits for every company. If you are comparing different limits and deductibles on each one it’s impossible to determine the lowest rate for your Volvo S80.

Are insurance companies telling the truth?

Consumers constantly see and hear ads that promise big savings from companies such as State Farm, Geico and Progressive. All the companies have a common claim about savings after switching your policy.

How can each company claim to save you money? This is how they do it.

Insurance companies have a certain “appetite” for the type of customer that earns them a profit. For instance, a desirable insured might be between 25 and 40, has no tickets, and has great credit. A customer who fits that profile is entitled to the best price and therefore will save quite a bit of money when switching.

Drivers who do not match the “perfect” profile will be charged more money which usually ends up with business not being written. Company advertisements say “people who switch” but not “drivers who get quotes” save money. That’s the way insurance companies can confidently claim big savings. That is why drivers should get a wide range of price quotes. It’s impossible to know which company will fit your personal profile best.

Volvo S80 rates are complex

It’s important that you understand some of the elements that help determine insurance rates. Understanding what determines base rates allows you to make educated decisions that can help you get lower insurance prices.

  • Do men or women drive better? – The statistics show women tend to be less risk to insure than men. However, this does not mean women are BETTER drivers than men. Both sexes cause accidents at a similar rate, but the men have costlier accidents. Men also statistically have more aggressive citations such as reckless driving. Youthful male drivers are the most expensive to insure and thus pay the highest rates.
  • A lapse in coverage is a bad thing – Driving your car without having proper coverage is a misdemeanor and insurance companies will penalize you for letting your coverage have a gap. Not only will rates go up, but being ticketed for driving with no insurance may earn you a steep fine or even jail time.
  • Don’t get talked into coverage you don’t need – There are a ton of extra bells and whistles you can purchase when buying insurance. Things like roadside assistance, better glass coverage and term life insurance are some examples. They may seem like a good idea initially, but if they’re wasting money remove them from your policy.
  • High credit ratings translate to low rates – Your credit score is a large factor in your rate calculation. Therefore, if your credit is lower than you’d like, you could pay less to insure your 2010 Volvo S80 by improving your rating. Consumers who have excellent credit tend to be less risk to insure than drivers with poor credit.
  • Bundling policies can get discounts – The majority of insurance companies will award you with lower prices to people who have multiple policies with them in the form of a multi-policy discount. Even if you’re getting this discount you still need to compare other company rates to make sure you are getting the best deal.
  • High crash test scores lower rates – Safer cars tend to have better insurance rates. These vehicles have better occupant injury protection and better occupant protection translates into fewer and smaller insurance claims and lower rates for you. If the Volvo S80 earned at least four stars on Safercar.gov it may be receiving lower rates.

Lower rates by qualifying for discounts

Companies offering auto insurance don’t always advertise all their discounts in a way that’s easy to find, so we took the time to find some of the best known and also the lesser-known discounts you could be receiving. If you aren’t receiving every discount possible, you are throwing money away.

  • Student in College – Children who attend school more than 100 miles from home and do not have access to a covered vehicle can receive lower rates.
  • Lower Rates for Military – Having a family member in the military could mean lower rates.
  • Low Mileage Discounts – Driving fewer miles could be rewarded with a substantially lower rate.
  • Good Student Discount – A discount for being a good student can get you a discount of up to 25%. Earning this discount can benefit you well after school through age 25.
  • Paperwork-free – Some insurance companies give back up to $50 simply for signing over the internet.

Drivers should understand that many deductions do not apply to the entire policy premium. Some only apply to the cost of specific coverages such as medical payments or collision. So despite the fact that it appears you can get free auto insurance, companies don’t profit that way.

Car insurance companies that may have these benefits include:

Double check with every prospective company what discounts are available to you. Discounts might not apply everywhere.

Car insurance is unique, just like you

When buying the right insurance coverage, there isn’t really a one size fits all plan. Every situation is different so your insurance needs to address that. Here are some questions about coverages that might help in determining if you will benefit from professional help.

  • Do all my vehicles need collision coverage?
  • How high should my medical payments coverage be?
  • How does medical payments coverage work?
  • What exactly is covered by my policy?
  • Do I have newly-aquired coverage?
  • Does my insurance cover my expensive audio equipment?
  • Why do I need rental car insurance?
  • What should my uninsured motorist coverage limits be in my state?
  • Am I covered if I hit my neighbor’s mailbox?
  • How much can I save by bundling my policies?

If you’re not sure about those questions but a few of them apply, then you may want to think about talking to an agent. To find lower rates from a local agent, take a second and complete this form or click here for a list of insurance companies in your area. It’s fast, doesn’t cost anything and can provide invaluable advice.

Coverages available on your policy

Understanding the coverages of your policy helps when choosing the right coverages and the correct deductibles and limits. Auto insurance terms can be difficult to understand and even agents have difficulty translating policy wording. Below you’ll find the normal coverages offered by auto insurance companies.

Comprehensive or Other Than Collision – Comprehensive insurance coverage pays for damage that is not covered by collision coverage. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive insurance covers things like hitting a bird, falling objects, damage from getting keyed, a tree branch falling on your vehicle and hitting a deer. The highest amount a auto insurance company will pay at claim time is the market value of your vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

Medical costs insurance – Med pay and PIP coverage pay for expenses for things like prosthetic devices, chiropractic care, rehabilitation expenses, nursing services and dental work. They can be used to cover expenses not covered by your health insurance plan or if there is no health insurance coverage. Medical payments and PIP cover all vehicle occupants in addition to if you are hit as a while walking down the street. Personal Injury Protection is not an option in every state and may carry a deductible

UM/UIM Coverage – This coverage provides protection when other motorists do not carry enough liability coverage. Covered losses include injuries sustained by your vehicle’s occupants as well as damage to your Volvo S80.

Since a lot of drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages should not be overlooked.

Collision – Collision insurance covers damage to your S80 resulting from colliding with an object or car. A deductible applies and then insurance will cover the remainder.

Collision coverage protects against claims such as driving through your garage door, crashing into a building and sustaining damage from a pot hole. Collision coverage makes up a good portion of your premium, so consider removing coverage from lower value vehicles. Drivers also have the option to increase the deductible to save money on collision insurance.

Liability coverages – This coverage provides protection from damage or injury you incur to other people or property. It protects YOU from legal claims by others, and doesn’t cover your injuries or vehicle damage.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see values of 100/300/100 which stand for $100,000 in coverage for each person’s injuries, a limit of $300,000 in injury protection per accident, and $100,000 of coverage for damaged propery.

Liability insurance covers claims like court costs, pain and suffering, repair bills for other people’s vehicles and loss of income. How much liability coverage do you need? That is your choice, but buy as high a limit as you can afford.

Compare but don’t skimp

When you buy insurance online, make sure you don’t buy poor coverage just to save money. There are too many instances where someone dropped collision coverage and discovered at claim time that it was a big mistake. The aim is to buy a smart amount of coverage for the lowest price.

We just covered some good ideas how you can shop for 2010 Volvo S80 insurance online. The key thing to remember is the more times you quote, the better likelihood of reducing your rate. Drivers may discover the lowest premiums are with a small mutual company. Some small companies may cover specific market segments cheaper than the large multi-state companies such as Allstate and Progressive.

Much more information about insurance coverage can be read at these links: