2000 Volvo S80 Insurance Cost

There isn’t anyone who looks forward to paying premiums for car insurance, especially when the price is too high.

Numerous insurance companies battle for your insurance dollar, so it’s not easy to compare every company to get the cheapest price

How much is car insurance?

The are a couple different ways to obtain and compare prices from many different insurance companies. The easiest way by far to comparison shop involves getting comparison quotes online. It is quite easy and can be accomplished in several different ways.

  1. One of the best ways to find the lowest comparison rates is to use a rate comparison form click to view form in new window. This easy form saves time by eliminating separate quotes for each company you want a rate for. Taking the time to complete one form gets you coverage quotes instantly.
  2. A harder way to compare prices consists of visiting each individual company website to request a price quote. For examples sake, let’s say you need rates from Progressive, Allstate and Liberty Mutual. In order to compare rates, you need to go to every website and enter your policy data, which explains why we recommend starting with the first method. For a list of links to insurance companies in your area, click here.

You can choose any of those ways to find more affodable coverage, but try to keep exactly the same coverages and limits for every quote you compare. If you enter different data it will be impossible to find the best deal for your Volvo S80. Having just a slight variation in limits may result in a large different in cost. Just remember that comparing all the rates in your area increases your odds of finding a lower rate than you’re paying now. Some insurance companies are not set up to provide quotes online, so you should also compare rates from them as well.

Take advantage of every auto insurance discount

Companies offering auto insurance don’t necessarily list all disounts very clearly, so we break down a few of the more well known in addition to some of the lesser obvious auto insurance savings. If you’re not getting every credit you qualify for, you’re just leaving money on the table.

  • Anti-lock Brakes – Cars with ABS braking systems or traction control are safer to drive and earn discounts up to 10%.
  • Good Students Pay Less – Maintaining excellent grades can earn a discount of 20% or more. Most companies allow this discount well after school through age 25.
  • Distant Student Discount – College-age children who are attending college without a vehicle on campus could qualify for this discount.
  • Pay Upfront and Save – If you can afford to pay the entire bill rather than spreading payments over time you can avoid monthly service charges.
  • Sign Early and Save – Some insurance companies provide a discount for buying a policy prior to the expiration date on your current policy. It can save you around 10%.

A little note about advertised discounts, many deductions do not apply to the entire policy premium. Some only reduce the cost of specific coverages such as medical payments or collision. Even though it may seem like you would end up receiving a 100% discount, companies don’t profit that way. But all discounts will lower the cost of coverage.

Insurance companies that may offer these discounts include:

Double check with each company or agent to apply every possible discount. Some discounts listed above might not be offered in your area. To find companies who offer discounts, follow this link.

How to know if you need help

When it comes to buying coverage for your personal vehicles, there really is not a perfect coverage plan. Everyone’s situation is a little different so your insurance should reflect that For example, these questions might help in determining whether you would benefit from professional advice.

  • Am I covered if my car is in a flood?
  • Can I make deliveries for my home business?
  • How can I force my company to pay a claim?
  • Is a new car covered when I drive it off the dealer lot?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • What is PIP insurance?
  • Who is covered when they drive my 2000 Volvo S80?
  • Will my rates increase for filing one claim?
  • What happens if I owe more than my 2000 Volvo S80 is worth?

If you can’t answer these questions but one or more may apply to you, then you may want to think about talking to a licensed insurance agent. To find lower rates from a local agent, take a second and complete this form or you can go here for a list of companies in your area.

Information about specific coverages

Having a good grasp of a auto insurance policy can be of help when determining which coverages you need at the best deductibles and correct limits. The terms used in a policy can be difficult to understand and reading a policy is terribly boring. Shown next are the normal coverages available from auto insurance companies.

Auto liability

Liability coverage can cover damage or injury you incur to other people or property. This coverage protects you against claims from other people, and doesn’t cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have limits of 50/100/50 which stand for a $50,000 limit per person for injuries, a total of $100,000 of bodily injury coverage per accident, and property damage coverage for $50,000. Alternatively, you may have one number which is a combined single limit which limits claims to one amount rather than limiting it on a per person basis.

Liability can pay for things like attorney fees, bail bonds, legal defense fees and repair bills for other people’s vehicles. How much liability coverage do you need? That is a decision to put some thought into, but you should buy as much as you can afford.

Comprehensive insurance

Comprehensive insurance pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for things like theft, falling objects, rock chips in glass, hail damage and damage from getting keyed. The highest amount you’ll receive from a claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Collision protection

This pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage pays for things such as driving through your garage door, sideswiping another vehicle, hitting a mailbox and rolling your car. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from lower value vehicles. Another option is to increase the deductible to bring the cost down.

Uninsured/Underinsured Motorist (UM/UIM)

This coverage gives you protection when other motorists do not carry enough liability coverage. It can pay for injuries sustained by your vehicle’s occupants and damage to your Volvo S80.

Since a lot of drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is very important. Usually these coverages do not exceed the liability coverage limits.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance pay for immediate expenses for chiropractic care, doctor visits, surgery and pain medications. They are often utilized in addition to your health insurance program or if there is no health insurance coverage. It covers all vehicle occupants in addition to being hit by a car walking across the street. Personal Injury Protection is only offered in select states and gives slightly broader coverage than med pay