Did you fall for a flashy sales pitch and buy an underperforming, overpriced auto insurance policy? Trust us, you are not the only one feeling buyer’s remorse.
There are many insurers to purchase coverage from, and although it’s a good thing to be able to choose, it can be more difficult to get the best deal.
It is always a good idea to shop coverage around at least once a year since insurance rates are constantly changing. Just because you found the lowest rates for C30 insurance six months ago other companies may now be cheaper. Starting right now, forget all the misinformation about auto insurance because it’s time to teach you the proper way to remove unneeded coverages and save money.
Companies offering auto insurance don’t always advertise every discount very clearly, so we researched some of the best known and also the lesser-known discounts you could be receiving.
A little note about advertised discounts, many deductions do not apply to the entire policy premium. Some only apply to the price of certain insurance coverages like comprehensive or collision. Just because it seems like adding up those discounts means a free policy, you’re out of luck.
For a list of providers with discount insurance rates, click here.
When buying the best car insurance coverage for your personal vehicles, there really is no single plan that fits everyone. Every situation is different so your insurance needs to address that. For example, these questions might point out whether you will benefit from professional help.
If you’re not sure about those questions but you think they might apply to your situation, you may need to chat with a licensed insurance agent. If you don’t have a local agent, take a second and complete this form or you can go here for a list of companies in your area.
Car insurance companies such as Geico, State Farm and Progressive continually stream ads on TV and radio. They all seem to make the same claim that you’ll save big after switching to their company. How do they all claim to save you money? It’s all in the numbers.
All the different companies have a preferred profile for the driver that makes them money. An example of a profitable customer might be profiled as between 25 and 40, has no tickets, and has excellent credit. A customer that hits that “sweet spot” gets the lowest rates and as a result will probably pay quite a bit less when switching companies.
Consumers who don’t measure up to these standards will be charged more money and ends up with business going elsewhere. The ad wording is “customers who switch” not “people who quote” save that kind of money. That is how insurance companies can claim big savings. That is why you need to quote coverage with many companies. You cannot predict the company that will have the lowest Volvo C30 insurance rates.
Learning about specific coverages of insurance helps when choosing appropriate coverage for your vehicles. The terms used in a policy can be ambiguous and reading a policy is terribly boring. Shown next are the usual coverages found on most insurance policies.
This coverage will pay to fix damage that is not covered by collision coverage. A deductible will apply and then insurance will cover the rest of the damage.
Comprehensive can pay for claims like rock chips in glass, hitting a bird, hail damage and vandalism. The highest amount a insurance company will pay at claim time is the market value of your vehicle, so if the vehicle’s value is low consider dropping full coverage.
Your UM/UIM coverage protects you and your vehicle when the “other guys” are uninsured or don’t have enough coverage. This coverage pays for injuries sustained by your vehicle’s occupants and damage to your Volvo C30.
Since many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is a good idea.
Personal Injury Protection (PIP) and medical payments coverage kick in for immediate expenses such as rehabilitation expenses, ambulance fees, surgery, funeral costs and dental work. They are often used in conjunction with a health insurance program or if you lack health insurance entirely. It covers you and your occupants in addition to being hit by a car walking across the street. PIP coverage is not universally available and gives slightly broader coverage than med pay
Collision coverage will pay to fix damage to your C30 from colliding with another vehicle or an object, but not an animal. A deductible applies then your collision coverage will kick in.
Collision can pay for things such as colliding with another moving vehicle, damaging your car on a curb, sideswiping another vehicle and rolling your car. This coverage can be expensive, so you might think about dropping it from vehicles that are 8 years or older. It’s also possible to increase the deductible to get cheaper collision coverage.
This coverage provides protection from damages or injuries you inflict on people or other property by causing an accident. This coverage protects you against claims from other people, and does not provide coverage for damage to your own property or vehicle.
Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You might see values of 50/100/50 that translate to a $50,000 limit per person for injuries, a limit of $100,000 in injury protection per accident, and $50,000 of coverage for damaged propery.
Liability insurance covers things such as repair bills for other people’s vehicles, loss of income, legal defense fees, structural damage and repair costs for stationary objects. How much liability should you purchase? That is a decision to put some thought into, but buy higher limits if possible.
When trying to cut insurance costs, it’s a bad idea to reduce needed coverages to save money. Too many times, drivers have reduced collision coverage only to regret that their decision to reduce coverage ended up costing them more. Your strategy should be to find the BEST coverage for the lowest price.
Throughout this article, we presented a lot of ways to save on 2013 Volvo C30 insurance. The key thing to remember is the more providers you compare, the better likelihood of reducing your rate. You may even find the most savings is with a small local company. Smaller companies may only write in your state and offer lower rates compared to the large companies like Progressive and Geico.
More detailed car insurance information is available by following these links: