How Much Does 2008 Volvo C30 Insurance Cost?

Having to pay for overpriced auto insurance can dwindle your checking account and put the squeeze on your family’s finances. Shopping your coverage around is free, only takes a few minutes, and is a good way to lower your monthly bill.

Many insurers vie for your insurance dollar, and because of this it can be hard to compare insurers to get the best rate

Consumers need to do rate comparisons periodically since rates are usually higher with each renewal. Even if you think you had the lowest rates on C30 insurance a year ago there may be better deals available now. Starting right now, forget anything you know (or think you know) about auto insurance because I’m going to teach you the fastest and easiest way to find better rates and still maintain coverage.

Auto Insurance Prices

There are several ways you can shop for Volvo C30 auto insurance but there is one way that is less labor-intensive and much quicker. You could spend the better part of a day talking about coverages with local insurance agents in your area, or you can stay home and use online quotes to get prices fast.

Most major companies belong to a marketplace where prospective buyers submit their information once, and at least one company provides a quote. This saves time by eliminating quotation requests to every company. To submit your quote information now, click here (opens in new window).

The one disadvantage to doing it this way is that you can’t choose which providers to get quotes from. So if you prefer to pick individual companies for rate comparison, we have a listing of companies who write auto insurance in your area. Click to view list.

It’s up to you how you get prices quotes, just compare apples-to-apples coverage limits and deductibles for each price quote. If each company quotes mixed coverages it will be impossible to decipher which rate is best. Slightly different coverage limits may result in large price differences. Just remember that comparing a large number of companies gives you a better chance of getting a lower rate.

How can Progressive, Allstate and Geico save drivers who switch?

Auto insurance companies such as Progressive, Allstate and Geico continually stream ads in print and on television. They all seem to make the same claim about savings after switching your coverage to them. How do they all make the same claim?

Insurance companies are able to cherry pick for the driver that is profitable for them. For instance, a profitable customer might be between the ages of 40 and 55, has no prior claims, and has excellent credit. A customer who meets those qualifications receives the best rates and therefore will save when switching.

Potential customers who are not a match for these standards will have to pay higher premiums and ends up with business going elsewhere. The ads say “customers who switch” but not “drivers who get quotes” save money. This is how insurance companies can confidently advertise the way they do. Because of the profiling, you should get a wide range of price quotes. It’s not possible to predict which company will have the lowest Volvo C30 insurance rates.

Factors that can influence insurance rates for a Volvo C30

Consumers need to have an understanding of the different types of things that go into determining your insurance coverage rates. Knowing what determines base rates allows you to make educated decisions that may reward you with much lower annual insurance costs.

Listed below are a partial list of the pieces companies use to determine rates.

  • Safer cars are cheaper to insure – Vehicles with good safety scores tend to have better insurance rates. Safer cars protect occupants better and fewer injuries means lower claim amounts and more competitive rates for policyholders. If your Volvo C30 scored better than an “acceptable” rating on the Insurance Institute for Highway Safety website you are probably receiving a discount.
  • Increase deductibles and save – Physical damage coverage, commonly called comprehensive (or other-than-collision) and collision coverage, protects your Volvo from damage. Some examples of claims that would be covered could be collision with another vehicle, damage caused by hail, and burglary. The deductibles are the amount of money you are willing to pay in the event of a claim. The more money the insured has to pay upfront, the bigger discount you will receive on C30 insurance.
  • Marriage pays dividends – Getting married actually saves money on your policy. Marriage translates into being more responsible and statistics show married couples file fewer claims.
  • Add-on coverages can add up – There are many additional coverages that can waste your money when buying insurance coverage. Things like vanishing deductibles, accident forgiveness and additional equipment coverage are examples of these. These coverages may sound good initially, but now you might not need them so remove them from your policy.
  • Males pay more for insurance – The statistics show that men are more aggressive behind the wheel. However, this does not mean women are BETTER drivers than men. Men and women have accidents in similar numbers, but the male of the species have costlier accidents. Men also tend to receive more costly citations such as DWI and reckless driving. Young males are most likely to cause an accident and are penalized with high insurance coverage rates.
  • Where you live is a factor – Living in a rural area has it’s advantages when talking about insurance coverage. Fewer people means fewer accidents. Urban drivers have congested traffic and longer commute times. More time commuting can result in more accidents.

Companies offer discounts so take them!

Companies don’t always publicize all available discounts in a way that’s easy to find, so we researched some of the best known and the more hidden insurance coverage savings.

  • Multiple Vehicles – Buying coverage for multiple vehicles with the same company can get a discount on all vehicles.
  • No Claims – Claim-free drivers pay less as compared to bad drivers.
  • Passive Restraints and Air Bags – Cars that have air bags and/or automatic seat belt systems may earn rate discounts up to 30%.
  • Discount for Good Grades – Performing well in school can earn a discount of 20% or more. The good student discount can last until age 25.
  • Accident Waiver – Some insurance companies allow you one accident before raising your premiums so long as you haven’t had any claims for a particular time prior to the accident.
  • Discount for Swiching Early – A few companies offer discounts for signing up before your current expiration date. The savings is around 10%.

Drivers should understand that some credits don’t apply to the entire policy premium. A few only apply to specific coverage prices like comprehensive or collision. So despite the fact that it appears all those discounts means the company will pay you, you won’t be that lucky.

To see a list of companies with the best insurance coverage discounts, follow this link.

Do I just need basic coverages?

When buying coverage for your vehicles, there really is not a cookie cutter policy. Coverage needs to be tailored to your specific needs so this has to be addressed. These are some specific questions may help highlight if your situation might need an agent’s assistance.

  • Do I need PIP coverage since I have good health insurance?
  • When does my teenage driver need to be added to my policy?
  • What is roadside assistance coverage?
  • Can I make deliveries for my home business?
  • Am I covered when pulling a rental trailer?
  • Is my 2008 Volvo C30 covered for smoke damage?
  • Do I need added coverage for expensive stereo equipment?

If it’s difficult to answer those questions, then you may want to think about talking to an insurance agent. If you want to speak to an agent in your area, fill out this quick form or go to this page to view a list of companies.

Parts of your insurance policy

Having a good grasp of insurance aids in choosing the best coverages and the correct deductibles and limits. The terms used in a policy can be ambiguous and nobody wants to actually read their policy. Shown next are typical coverage types available from insurance companies.

Coverage for medical payments

Medical payments and Personal Injury Protection insurance provide coverage for expenses for things like rehabilitation expenses, funeral costs, chiropractic care, prosthetic devices and hospital visits. They can be utilized in addition to your health insurance plan or if you do not have health coverage. Medical payments and PIP cover both the driver and occupants as well as any family member struck as a pedestrian. PIP is not an option in every state and may carry a deductible

Comprehensive coverages

This coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims such as hail damage, vandalism, damage from getting keyed, rock chips in glass and theft. The maximum payout you’ll receive from a claim is the actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Liability auto insurance

This protects you from damages or injuries you inflict on people or other property that is your fault. It protects YOU against claims from other people, and doesn’t cover your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show liability limits of 100/300/100 that means you have $100,000 in coverage for each person’s injuries, $300,000 for the entire accident, and a total limit of $100,000 for damage to vehicles and property.

Liability coverage pays for things such as emergency aid, legal defense fees, medical services and bail bonds. How much liability coverage do you need? That is a personal decision, but you should buy as high a limit as you can afford.

Uninsured and underinsured coverage

Uninsured or Underinsured Motorist coverage provides protection from other drivers when they are uninsured or don’t have enough coverage. Covered losses include injuries sustained by your vehicle’s occupants and damage to your 2008 Volvo C30.

Due to the fact that many drivers carry very low liability coverage limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages is a good idea.

Collision protection

Collision coverage covers damage to your C30 resulting from a collision with an object or car. You will need to pay your deductible then your collision coverage will kick in.

Collision coverage pays for things such as crashing into a building, rolling your car and crashing into a ditch. This coverage can be expensive, so analyze the benefit of dropping coverage from older vehicles. Another option is to bump up the deductible in order to get cheaper collision rates.

A fool and his money are soon parted

Lower-priced 2008 Volvo C30 insurance is definitely available both online as well as from independent agents, and you need to price shop both in order to have the best price selection to choose from. Some insurance companies don’t offer online quoting and usually these regional insurance providers provide coverage only through local independent agents.

We just presented many tips how you can save on insurance. The key thing to remember is the more rate comparisons you have, the better your comparison will be. Drivers may discover the lowest rates come from a small mutual company. Smaller companies often have lower prices on specific markets than their larger competitors like Allstate or State Farm.

To learn more, take a look at these articles: