How Much Does 2009 Volvo XC70 Insurance Cost?

Are you a victim of an underperforming, overpriced car insurance policy? Believe me when I say there are many people just like you. Many auto insurance companies compete for your insurance dollar, so it can be very hard to choose a insurance company to get the lowest rate possible.

It’s smart to compare prices on a regular basis due to the fact that insurance rates tend to go up over time. Even if you think you had the lowest rates for XC70 insurance a year ago you may be paying too much now. There is too much inaccurate information about car insurance online but I’m going to show you some tested techniques to find cheap car insurance.

If you have a policy now or need new coverage, you will benefit by learning to shop for the lowest rates while maintaining coverages. Buying car insurance is not rocket science. Vehicle owners just need to learn the proper methods to compare prices on the web.

Discounts on 2009 Volvo XC70 insurance

Auto insurance companies don’t always publicize all their discounts very well, so the following is a list of some of the more common and the more hidden car insurance savings. If you don’t get every credit you deserve, you’re just leaving money on the table.

  • No Charge for an Accident – A few companies allow you one accident without raising rates if you are claim-free for a particular time prior to the accident.
  • Anti-lock Brake System – Vehicles equipped with ABS or steering control prevent accidents and will save you 10% or more.
  • Accident Free – Claim-free drivers pay less when compared to bad drivers.
  • Driver Safety – Completing a driver safety course could save 5% or more depending on where you live.
  • Low Mileage – Low mileage vehicles can earn lower rates on the low mileage vehicles.
  • Life Insurance – Select insurance companies reward you with a break if you buy a life insurance policy as well.
  • Homeowners Savings – Owning a house may earn you a small savings because owning a home demonstrates responsibility.
  • Early Switch Discount – Select companies give a discount for switching policies prior to your current policy expiring. It’s a savings of about 10%.
  • College Student – Kids in college who live away from home and do not have a car may qualify for this discount.
  • Anti-theft Discount – Cars that have factory anti-theft systems help deter theft and earn discounts up to 10%.

As a disclaimer on discounts, most discounts do not apply the the whole policy. Most only cut specific coverage prices like comprehensive or collision. Just because it seems like all those discounts means the company will pay you, it doesn’t quite work that way.

Car insurance companies that may offer some of the above discounts are:

It’s a good idea to ask every prospective company which discounts you may be entitled to. Discounts might not be offered in your area.

Volvo XC70 insurance rates consist of many parts

Smart consumers have a good feel for some of the elements that come into play when calculating the price you pay for auto insurance. Understanding what controls the rates you pay helps enable you to make changes that may reward you with big savings.

  • A clean driving record saves money – Drivers with clean records tend to pay less for car insurance than people who have multiple driving citations. Even a single speeding ticket may increase your cost twenty percent or more. Drivers with severe tickets like hit and run, DWI or reckless driving convictions are required to submit a SR-22 form to the state department of motor vehicles in order to drive a vehicle legally.
  • Being married can save on auto insurance – Having a spouse actually saves money on your policy. Having a significant other is viewed as being more mature and responsible and it’s statistically proven that married couples file fewer claims.
  • Are you male or female? – Statistics demonstrate that women are safer drivers than men. However, this does not mean men are WORSE drivers than women. Both sexes are in accidents in similar numbers, but the men have costlier accidents. Men also statistically get cited for more serious violations such as reckless driving. Youthful male drivers are most likely to cause an accident and thus pay the highest rates.
  • Where you reside plays a part – Living in a rural area can save you money when talking about auto insurance. Less people living in that area means reduced accidents and also fewer theft and vandalism claims. Urban drivers have traffic congestion and longer commute times. More time commuting can result in more accidents.
  • Increase deductibles and save – Physical damage deductibles define the amount you are willing to pay out-of-pocket before a claim is paid by your company. Physical damage insurance, termed comprehensive and collision coverage on your policy, covers damage that occurs to your car. Some instances where coverage would apply could be running into the backend of another car, damage from fire, and burglary. The more you are required to pay out-of-pocket, the less your company will charge you for insurance for XC70 insurance.

Tailor your coverage to you

When it comes to choosing adequate coverage for your vehicles, there isn’t really a cookie cutter policy. Everyone’s situation is unique and your policy should reflect that. These are some specific questions can help discover whether or not you might need an agent’s assistance.

  • Should I buy only the required minimum liability coverage?
  • What exactly is covered by my policy?
  • Do I have any recourse if my insurance company denies a claim?
  • I have health insurance so do I need medical payments coverage?
  • What can I do if my company denied a claim?
  • Is my custom paint covered by insurance?
  • Does my policy cover my teen driver if they drive my company car?
  • Am I covered if I wreck a rental car?
  • Does insurance cover damages from a DUI accident?

If you don’t know the answers to these questions but one or more may apply to you, you may need to chat with a licensed insurance agent. To find lower rates from a local agent, complete this form or you can go here for a list of companies in your area. It’s fast, doesn’t cost anything and can help protect your family.

Insurance coverage specifics

Knowing the specifics of your policy helps when choosing the best coverages and the correct deductibles and limits. The coverage terms in a policy can be confusing and coverage can change by endorsement. Below you’ll find typical coverages found on most insurance policies.

Uninsured or underinsured coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when the “other guys” are uninsured or don’t have enough coverage. Covered claims include injuries sustained by your vehicle’s occupants and damage to your 2009 Volvo XC70.

Since a lot of drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is very important.

Medical expense coverage

Personal Injury Protection (PIP) and medical payments coverage reimburse you for expenses for EMT expenses, hospital visits, doctor visits and nursing services. They are used to fill the gap from your health insurance policy or if you lack health insurance entirely. Coverage applies to you and your occupants and will also cover being hit by a car walking across the street. Personal injury protection coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

Comprehensive protection

This coverage pays for damage that is not covered by collision coverage. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for claims such as hitting a deer, falling objects, a broken windshield and a tree branch falling on your vehicle. The highest amount you’ll receive from a claim is the cash value of the vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Collision coverage

Collision coverage will pay to fix damage to your XC70 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 things like colliding with a tree, colliding with another moving vehicle and backing into a parked car. Collision is rather expensive coverage, so consider dropping it from vehicles that are 8 years or older. Another option is to bump up the deductible to bring the cost down.

Auto liability

This coverage can cover damage or injury you incur to a person or their property by causing an accident. It protects you from legal claims by others, and doesn’t cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show values of 100/300/100 which stand for $100,000 in coverage for each person’s injuries, a per accident bodily injury limit of $300,000, and $100,000 of coverage for damaged propery.

Liability can pay for claims like court costs, repair costs for stationary objects and medical services. The amount of liability coverage you purchase is up to you, but you should buy as high a limit as you can afford.

Don’t throw your cash in the trash

Cheaper 2009 Volvo XC70 insurance can be bought online in addition to many insurance agents, and you should be comparing both to have the best rate selection. Some insurance companies do not provide the ability to get a quote online and these small, regional companies work with independent agents.

We covered quite a bit of information on how to get a better price on insurance. The key thing to remember is the more rate comparisons you have, the better your chances of lowering your rates. You may be surprised to find that the lowest rates come from a company that doesn’t do a lot of advertising. These companies may cover specific market segments cheaper compared to the large companies like Allstate, Geico and Progressive.

When shopping online for insurance coverage, it’s a bad idea to buy poor coverage just to save money. There are many occasions where an insured dropped comprehensive coverage or liability limits only to regret they didn’t have enough coverage. The proper strategy is to purchase a proper amount of coverage at the best price, not the least amount of coverage.

To read more, take a look at these articles: