2000 Volvo S70 Insurance Rates – 6 Savings Tips

Do you get exhausted from scraping nickels together to pay high auto insurance rates every month? You have the same problem as many other drivers.

Insurance companies such as Allstate and Progressive persitently shower you with fancy advertisements and it is difficult to not get sucked in by the cute commercials and take the time to shop coverage around.

If you are paying for car insurance now, you stand a good chance to be able to reduce your rates substantially using these tips. Finding the best rates is easy if you know what you’re doing. But vehicle owners do need to learn how companies determine prices because it can help you find the best coverage.

Compare free insurance rate quotes

Performing a rate comparison can be challenging if you don’t know the best way to get rate quotes. You can waste a few hours (or days) discussing policy coverages with insurance companies in your area, or you could use the internet to get rate comparisons in just a few minutes.

The majority of car insurance companies belong to an insurance system where insurance shoppers enter their coverage request one time, and every company returns a rated price. This eliminates the need for form submissions to every company. To submit your quote information now, click here to start a free quote.

The one downside to using this type of system is you are unable to specify which carriers you want to price. If you would rather choose specific insurance companies to compare prices, we have assembled a list of insurance companies in your area. Click here for list of insurance companies.

The method you choose is up to you, but make darn sure you compare apples-to-apples coverages and limits for each quote you get. If you enter different values for each quote you will not be able to decipher which rate is best. Just slight variations in insurance coverages can result in a big premium difference. And when quoting insurance, remember that having more price comparisons gives you a better chance of getting lower pricing. Not every company allows you to get online price quotes, so it’s necessary to compare quotes from the smaller companies as well.

Tailor your insurance coverage coverage to you

When buying the best insurance coverage coverage, there really is no “perfect” insurance plan. Your needs are not the same as everyone else’s and your policy should reflect that. For instance, these questions can aid in determining if your situation will benefit from professional help.

  • How high should my medical payments coverage be?
  • What is UM/UIM insurance?
  • Is my business laptop covered if it gets stolen from my vehicle?
  • Do I need added coverage for expensive stereo equipment?
  • Am I covered when driving someone else’s vehicle?
  • When does my teenage driver need to be added to my policy?
  • Am I covered if my car is in a flood?

If you’re not sure about those questions but one or more may apply to you then you might want to talk to an insurance agent. To find lower rates from a local agent, complete this form or go to this page to view a list of companies.

Auto insurance policy coverages for a Volvo S70

Knowing the specifics of a auto insurance policy aids in choosing the right coverages for your vehicles. Auto insurance terms can be impossible to understand and reading a policy is terribly boring. Shown next are the normal coverages available from auto insurance companies.

Comprehensive coverage

Comprehensive insurance coverage pays to fix your vehicle from damage that is not covered by collision coverage. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims like falling objects, hail damage, damage from flooding and damage from getting keyed. The maximum payout your auto insurance company will pay is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Liability car insurance

This can cover injuries or damage you cause to people or other property that is your fault. It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see policy limits of 50/100/50 that translate to $50,000 in coverage for each person’s injuries, a total of $100,000 of bodily injury coverage per accident, and property damage coverage for $50,000.

Liability coverage pays for things like structural damage, attorney fees and medical expenses. How much liability should you purchase? That is a personal decision, but it’s cheap coverage so purchase as much as you can afford.

Uninsured/Underinsured Motorist coverage

This protects you and your vehicle from other motorists when they are uninsured or don’t have enough coverage. It can pay for hospital bills for your injuries as well as your vehicle’s damage.

Because many people only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is a good idea.

Medical payments coverage and PIP

Coverage for medical payments and/or PIP provide coverage for short-term medical expenses like dental work, funeral costs, pain medications and surgery. The coverages can be utilized in addition to your health insurance program or if you lack health insurance entirely. Medical payments and PIP cover not only the driver but also the vehicle occupants and also covers being hit by a car walking across the street. Personal Injury Protection is not available in all states and may carry a deductible

Collision protection

Collision insurance will pay to fix damage to your S70 resulting from a collision with another vehicle or an object, but not an animal. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for things such as hitting a mailbox, colliding with another moving vehicle, scraping a guard rail, damaging your car on a curb and crashing into a building. Paying for collision coverage can be pricey, so consider dropping it from lower value vehicles. Drivers also have the option to choose a higher deductible in order to get cheaper collision rates.