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Volvo 740 Insurance Rates

You have lots of choices when insurance shopping for your Volvo vehicle. You can either buy through an insurance agent or price shop online to compare rates from many different companies. Shopping for car insurance from online companies is simple to do and at the same time you may find lower rates.

Comparing car insurance rates direct online is challenging if you have never used online quoting. But don't let that discourage you because we're going to show you how. The are a couple different ways to compare quotes from different insurance companies. The easiest way to compare Volvo 740 insurance cost consists of shopping online. It is quite easy and can be accomplished by comparing rates here.

What influences Volvo 740 insurance quotes?

Insurance premiums for a Volvo 740 can fluctuate considerably subject to many criteria. Taken into consideration are:

  • More performance equals higher cost
  • Accidents raise premiums
  • Whether you insure your home with the same company
  • Use of your vehicle
  • Special coverage such as replacement cost
  • Your job
  • The level of coverage
  • Whether you rent or own your home

One important consideration that will help determine your rates is the age of the vehicle. Older cars and trucks have a reduced actual cash value compared to new Volvo models so repair costs tend to be lower which can decrease annual premiums. Conversely, newer models have more advanced features such as anti-lock brakes, pedestrian detection, active head restraints, and an advanced theft deterrent system which may lower rates.

To get a better idea how much rates will be for your vehicle, select the year of your 740 from available model years below.

Liability coverage - Volvo 740 liability coverage protects you from damages or injuries you inflict on other people or property by causing an accident. Liability can pay for things such as emergency aid, pain and suffering, and medical services. This coverage is usually fairly inexpensive so buy as high a limit as you can afford.

Collision - Collision coverage pays for damage to your Volvo caused by collision with an object or car. A deductible applies and the rest of the damage will be paid by collision coverage. Volvo 740 collision insurance is rather expensive coverage, so consider removing coverage from lower value vehicles. You can also increase the deductible to bring the cost down.

Comprehensive coverage - Comprehensive insurance pays for damage that is not covered by collision coverage. You need to pay your deductible first then your comprehensive coverage will pay. The most you can receive from a comprehensive claim is the market value of your vehicle, so if it's not worth much more than your deductible consider dropping full coverage.

UM/UIM Coverage - This protects you and your vehicle's occupants from other drivers when they do not carry enough liability coverage. Due to the fact that many drivers only carry the minimum required liability limits, their limits can quickly be used up. So UM/UIM coverage is important protection for you and your family.

Medical payments coverage and PIP - Med pay and PIP coverage reimburse you for expenses like doctor visits, EMT expenses, and X-ray expenses. They are often used to fill the gap from your health insurance program or if you do not have health coverage. Personal injury protection coverage is not available in all states and gives slightly broader coverage than med pay.

How Much are Volvo 740 Insurance Rates?