Cheaper 2017 Volvo XC60 Insurance Cost

Are you kicking yourself for buying an expensive insurance policy? You’re preaching to the choir because you are not the only one feeling buyer’s remorse.

There are many auto insurance companies to insure vehicles with, and even though it’s nice to be able to choose, it makes it harder to locate the cheapest rates.

This information will familiarize you with how to get online quotes and some tips to save money. If you currently have a car insurance policy, you will most likely be able to cut costs considerably using these tips. Although drivers need to learn how companies determine prices.

Drivers can save with these discounts

Insuring your vehicles can cost a lot, but you might already qualify for some discounts to help offset the cost. Many of these discounts will be applied automatically when you purchase, but occassionally some discounts must be asked for prior to receiving the credit. If you do not double check each discount you qualify for, you may be paying too high a price.

  • No Claims – Insureds with no claims or accidents have much lower rates when compared to frequent claim filers.
  • Driver Safety – Taking a course that instructs on driving safety can save you 5% or more and easily recoup the cost of the course.
  • Driving Data Discount – Policyholders that allow driving data submission to scrutinize driving patterns by using a telematics device such as State Farm’s In-Drive may get a rate reduction as long as they are good drivers.
  • Military Rewards – Having a deployed family member could trigger a small discount.
  • Good Driver Discounts – Drivers who avoid accidents can pay as much as 50% less for XC60 coverage than drivers with accident claims.
  • Bundle and Save – If you have multiple policies with one company you may save 10% to 20% off each policy.

Don’t be surprised that most discounts do not apply the the whole policy. Some only reduce individual premiums such as collision or personal injury protection. So even though it sounds like you can get free auto insurance, it’s just not the way it works. But all discounts should definitely cut your policy premiums.

A list of auto insurance companies and a partial list of their discounts can be read below.

  • 21st Century offers premium reductions for 55 and older, homeowners, anti-lock brakes, early bird, and teen driver.
  • State Farm has savings for defensive driving training, anti-theft, safe vehicle, passive restraint, driver’s education, and multiple autos.
  • AAA offers discounts including good driver, pay-in-full, anti-theft, multi-car, and AAA membership discount.
  • Liberty Mutual includes discounts for newly married, multi-car, exclusive group savings, hybrid vehicle, newly retired, new move discount, and preferred payment discount.
  • Progressive may have discounts that include multi-vehicle, multi-policy, online signing, homeowner, good student, and online quote discount.

When comparing rates, check with all companies you are considering what discounts are available to you. Some discounts listed above may not be offered in your area. If you would like to see a list of companies who offer free auto insurance quotes, click this link.

How to find cheap insurance coverage

There are a lot of ways to compare insurance coverage quotes, but there is one way that is less labor-intensive and much quicker. You can spend your afternoon driving to insurance companies in your area, or you could use online quotes to get rates in a matter of minutes.

Most car insurance companies take part in a program that enables customers to complete one form, and each company can give them a price determined by their information. This prevents consumers from doing form submissions for each company you want a rate for.

To compare rates using this form now click here to open in new window.

The only drawback to pricing coverage this way is you cannot specify which insurance companies to get quotes from. So if you want to select individual companies to compare, we put together a list of insurance coverage companies in your area. View list of insurance companies.

It doesn’t matter which method you choose, just make absolute certain that you use apples-to-apples deductibles and coverage limits for each quote you get. If you compare different coverage information it will be nearly impossible to determine the lowest rate for your Volvo XC60. Quoting even small variations in insurance coverages or limits can mean a large discrepancy in price. Just keep in mind that getting more free quotes helps locate more affordable insurance. Some insurance companies are not set up to provide prices over the internet, so you also need to get price quotes from them, too.

You can change your insurance premiums

A large part of saving on auto insurance is knowing the rating factors that are used to determine your premiums. If you understand what influences your rates, this helps enable you to make changes that may result in big savings. Lots of factors are used when pricing auto insurance. Some factors are common sense like an MVR report, but other criteria are more transparent like your vehicle usage and annual miles driven.

  • Demanding occupation may mean higher auto insurance rates – Did you know your career choice can influence rates? Careers such as judges, social workers and financial analysts have higher premiums than the average policyholder because of job stress and lots of time spent at work. On the flip side, occupations like actors, students and performers pay the least for XC60 coverage.
  • Safer the car lower the rate – Vehicles that have high safety ratings can get you lower premiums. Vehicles built for safety reduce injuries and lower rates of occupant injuries translates directly to fewer claims passed on to you as lower rates. If your Volvo XC60 is rated at least an “acceptable” rating on the Insurance Institute for Highway Safety website you are probably receiving a discount.
  • Keep auto insurance rates low by being claim-free – If you file claims often, don’t be surprised to see either a policy non-renewal or much higher rates. Companies award most affordable rates to insureds who file claims infrequently. Your insurance policy is designed for the bigger claims that can’t be paid out-of-pocket.
  • Marriage reduces risk – Walking down the aisle actually saves money on your auto insurance bill. Having a significant other translates into being more stable financially and statistics prove married couples file fewer claims.
  • Your liability insurance limits – The liability coverage on your policy will protect you in the event that you are determined to be liable for personal injury or accident damage. Your policy’s liability insurance provides legal defense coverage up to the limits shown on your policy. Liability insurance is quite affordable compared to insuring for physical damage coverage, so drivers should carry high limits.
  • Better auto insurance rates for continuous coverage – Having a lapse in insurance coverage is a quick way to trigger a rate increase. Not only will you pay more, getting caught without coverage may earn you a license revocation or jail time.

Special considerations

When choosing the best car insurance coverage, there is no “best” method to buy coverage. Coverage needs to be tailored to your specific needs so your insurance should reflect that For instance, these questions can aid in determining if your situation could use an agent’s help.

  • Does car insurance cover theft of personal property?
  • Does my insurance cover damage caused when ticketed for reckless driving?
  • If my 2017 Volvo XC60 is totaled, can I afford another vehicle?
  • Is my vehicle covered by my employer’s policy when using it for work?
  • How much can I save by bundling my policies?
  • Will my insurance pay for OEM parts?
  • Am I covered if I hit a deer?
  • Is my nanny covered when driving my vehicle?

If you don’t know the answers to these questions but you think they might apply to your situation, then you may want to think about talking to a licensed agent. If you want to speak to an agent in your area, simply complete this short form or you can also visit this page to select a carrier

Specific coverage details

Having a good grasp of your policy aids in choosing appropriate coverage at the best deductibles and correct limits. The coverage terms in a policy can be difficult to understand and coverage can change by endorsement. Shown next are the usual coverages found on most car insurance policies.

Uninsured or underinsured coverage

This coverage provides protection from other drivers when they either have no liability insurance or not enough. This coverage pays for medical payments for you and your occupants and damage to your Volvo XC60.

Because many people only carry the minimum required liability limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages should not be overlooked. Usually these limits are identical to your policy’s liability coverage.

Auto liability insurance

This coverage will cover damage that occurs to other people or property by causing an accident. It protects YOU against claims from other people, and does not provide coverage for damage to your own property or vehicle.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see values of 25/50/25 which stand for a limit of $25,000 per injured person, a total of $50,000 of bodily injury coverage per accident, and a total limit of $25,000 for damage to vehicles and property. Another option is a combined limit which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability can pay for things like emergency aid, loss of income, attorney fees and medical expenses. The amount of liability coverage you purchase is your choice, but you should buy as large an amount as possible.

Comprehensive protection

Comprehensive insurance pays for damage OTHER than collision with another vehicle or object. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things like a tree branch falling on your vehicle, vandalism, rock chips in glass and a broken windshield. The most a car insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle’s value is low consider dropping full coverage.

Coverage for collisions

Collision coverage pays for damage to your XC60 resulting from a collision with another vehicle or an object, but not an animal. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims such as scraping a guard rail, colliding with a tree and crashing into a ditch. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are older. Another option is to choose a higher deductible to get cheaper collision coverage.

Medical expense coverage

Coverage for medical payments and/or PIP reimburse you for expenses for things like ambulance fees, nursing services, dental work and prosthetic devices. They can be used to cover expenses not covered by your health insurance plan or if you do not have health coverage. It covers you and your occupants and will also cover being hit by a car walking across the street. Personal Injury Protection is not universally available and may carry a deductible

Have money to burn

In this article, we presented a lot of tips how to save on 2017 Volvo XC60 insurance. The most important thing to understand is the more you quote auto insurance, the more likely it is that you will get a better rate. Consumers may even find the best prices are with the smaller companies. They may have significantly lower rates on certain market segments than their larger competitors like Allstate, Geico and Progressive.

Budget-friendly insurance coverage is attainable from both online companies and from local agencies, and you should compare price quotes from both to have the best selection. Some insurance providers may not provide price quotes online and most of the time these smaller providers prefer to sell through independent agents.

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