Looking for cheaper insurance rates for your Volvo V70? Nobody looks forward to paying for insurance, particularly when their premiums are too high. Popular companies such as Progressive, Geico and Farmers Insurance promote their brand names with ads and consumers find it hard to see past the corporate glitz and find the best price available.
Most companies provide prices for coverage directly from their websites. Getting online rates is pretty easy as you simply type in your coverage preferences as detailed in the form. Upon sending the form, their rating system requests your driving record and credit report and generates pricing information based on many factors. Online price quotes helps simplify price comparisons, but having to visit many different websites and enter the same data into a form can get tiresome after awhile. But it’s very important to get many rate quotes in order to find a better rate.
The smarter way to lower your insurance coverage bill utilizes a single form that analyzes rates from a bunch of companies at once. This type of form saves time, requires much less work on your part, and makes comparison shopping much more efficient. After your information is entered, it is quoted with multiple companies and you can pick any one of the pricing results. If a lower price is quoted, you can simply submit the application and purchase coverage. The entire process takes 15 minutes at the most and you will know how your current rates stack up.
In order to find out if lower rates are available, click here to open in new window and input your coverage information. To compare your current rates, we recommend you input coverages and limits as shown on your current policy. This helps ensure you will have a rate comparison using the exact same coverages.
Car insurance companies don’t always advertise all available discounts in a way that’s easy to find, so we break down both the well known and also the lesser-known discounts you could be receiving. If you aren’t receiving every discount possible, you’re just leaving money on the table.
Keep in mind that most discount credits are not given the the whole policy. Most cut specific coverage prices like comp or med pay. Even though it may seem like having all the discounts means you get insurance for free, companies don’t profit that way.
Car insurance companies that may have these discounts include:
Double check with all companies you are considering what discounts are available to you. Savings might not be offered in your area.
When it comes to buying proper insurance coverage, there really is not a best way to insure your cars. Your needs are not the same as everyone else’s and a cookie cutter policy won’t apply. Here are some questions about coverages that can aid in determining if you might need professional guidance.
If you don’t know the answers to these questions, you may need to chat with a licensed insurance agent. To find an agent in your area, complete this form or you can go here for a list of companies in your area. It’s fast, free and can provide invaluable advice.
Having a good grasp of a car insurance policy can help you determine the right coverages for your vehicles. The coverage terms in a policy can be ambiguous and coverage can change by endorsement. Listed below are typical coverage types found on the average car insurance policy.
Uninsured Motorist or Underinsured Motorist insurance – This gives you protection from other motorists when they do not carry enough liability coverage. Covered claims include injuries to you and your family as well as damage to your Volvo V70.
Since many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.
Collision coverage – This pays for damage to your V70 resulting from colliding with another car or object. You will need to pay your deductible and then insurance will cover the remainder.
Collision coverage protects against things like colliding with a tree, crashing into a ditch, hitting a mailbox and rolling your car. Collision is rather expensive coverage, so you might think about dropping it from lower value vehicles. Drivers also have the option to bump up the deductible to get cheaper collision coverage.
Liability coverages – Liability coverage protects you from damage that occurs to people or other property. This insurance protects YOU against other people’s claims. Liability 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. You commonly see policy limits of 100/300/100 which means a limit of $100,000 per injured person, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property.
Liability can pay for things like attorney fees, medical services, court costs and legal defense fees. How much coverage you buy is a decision to put some thought into, but consider buying as large an amount as possible.
Insurance for medical payments – Coverage for medical payments and/or PIP reimburse you for bills for things like funeral costs, pain medications and prosthetic devices. They are used in conjunction with a health insurance program or if you do not have health coverage. Medical payments and PIP cover you and your occupants and will also cover getting struck while a pedestrian. Personal injury protection coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage
Comprehensive coverage (or Other than Collision) – Comprehensive insurance coverage covers damage OTHER than collision with another vehicle or object. A deductible will apply and then insurance will cover the rest of the damage.
Comprehensive can pay for claims such as damage from a tornado or hurricane, a tree branch falling on your vehicle, hitting a bird and rock chips in glass. The highest amount your car insurance company will pay is the actual cash value, so if the vehicle is not worth much consider dropping full coverage.