How Much Does 2003 Volvo XC70 Car Insurance Cost?

Looking for cheaper insurance coverage rates for your Volvo XC70? No one rejoices having to buy insurance coverage, especially when they know they are paying too much.

Due to the large number of choices of insurance companies, it can be challenging to choose the lowest price insurer.

How to find affordable insurance

Performing a rate comparison can be a lot of work if you don’t know the easiest way. You could spend your day talking about coverages with insurance companies in your area, or you can utilize online quoting to accomplish the same thing much quicker.

Many popular insurance companies belong to a marketplace that allows shoppers to send in one quote, and each participating company returns a competitive quote based on that information. This eliminates the need for form submissions to each company. To participate in this free quote system, click to open in new window.

The only drawback to comparing rates this way is that you can’t choose which providers to receive prices from. So if you prefer to pick specific insurance companies to compare rates, we have a listing of companies who write insurance in your area. View list of insurance companies.

How you compare quotes is your choice, just make sure you use equivalent deductibles and coverage limits for every company. If you have mixed coverages it’s impossible to determine the best price for your Volvo XC70. Having just a slight variation in coverage limits can result in a big premium difference. Keep in mind that more quotes increases the change that you will find a lower rate than you’re paying now. Some regional insurers cannot provide online rate quotes, so it’s necessary to compare price estimates from them as well.

Affordable insurance coverage rates with discounts

Car insurance companies do not list every discount they offer very well, so the list below gives a summary of a few of the more well known and the more hidden insurance coverage savings.

  • Pay Upfront and Save – By paying your entire bill at once instead of making monthly payments you can actually save on your bill.
  • Early Switch Discount – Some larger companies provide a discount for signing up prior to your current policy expiration. This can save 10% or more.
  • Student Discount for Driver Training – Reduce the cost of insurance for teen drivers by having them take driver’s ed class in high school.
  • Homeowners Discount – Owning a house can save a few bucks due to the fact that maintaining a home is proof that your finances are in order.
  • One Accident Forgiven – but some insurance companies will let one accident slide without the usual rate increase so long as you are claim-free prior to being involved in the accident.
  • Active Military Service – Being on active duty in the military could be rewarded with lower premium rates.
  • Low Miles Discount – Driving less may allow you to get discounted insurance coveragerates on garaged vehicles.
  • College Student Discount – Children living away from home attending college and do not take a car to college may qualify for this discount.
  • Seat Belt Discounts – Drivers who require all vehicle occupants to buckle up before driving can save 10% or more on medical payment and PIP coverage.
  • Mature Driver Discount – Drivers that qualify as senior citizens are able to get better insurance coverage rates on XC70 coverage.

Don’t be surprised that some of the credits will not apply the the whole policy. Most only cut the price of certain insurance coverages like comprehensive or collision. Despite the appearance that it’s possible to get free car insurance, you won’t be that lucky.

Companies that may have some of the discounts shown above include:

When quoting, ask every insurance company what discounts are available to you. Discounts might not apply in your state. To choose insurers that provide some of the discounts listed above, follow this link.

Tailor your car insurance coverage to you

When buying coverage, there isn’t really a single plan that fits everyone. Everyone’s needs are different and a cookie cutter policy won’t apply. For instance, these questions can aid in determining if your insurance needs could use an agent’s help.

  • What happens if I owe more than my 2003 Volvo XC70 is worth?
  • Does my insurance cover damage caused when ticketed for reckless driving?
  • Do I pay less for low miles?
  • Should I rate my 2003 Volvo XC70 as pleasure use or commute?
  • Can I pay claims out-of-pocket if I buy high deductibles?
  • Does my car insurance cover rental cars?
  • Am I getting all the discounts available?
  • Am I insured when driving a different vehicle?
  • How high should deductibles be on a 2003 Volvo XC70?

If you can’t answer these questions but one or more may apply to you then you might want to talk to an insurance agent. If you want to speak to an agent in your area, complete this form or go to this page to view a list of companies.

Specific coverage details

Having a good grasp of your car insurance policy aids in choosing which coverages you need and proper limits and deductibles. Policy terminology can be confusing and nobody wants to actually read their policy. Shown next are typical coverage types found on most car insurance policies.

Comprehensive (Other than Collision) – Comprehensive insurance coverage covers damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for things such as vandalism, hitting a deer and fire damage. The most you can receive from a comprehensive claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Protection from uninsured/underinsured drivers – Your UM/UIM coverage gives you protection when the “other guys” are uninsured or don’t have enough coverage. It can pay for injuries sustained by your vehicle’s occupants and also any damage incurred to your Volvo XC70.

Due to the fact that many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is a good idea.

Medical expense insurance – Medical payments and Personal Injury Protection insurance kick in for immediate expenses for things like funeral costs, nursing services, dental work and chiropractic care. They can be used to fill the gap from your health insurance policy or if you do not have health coverage. Coverage applies to both the driver and occupants as well as getting struck while a pedestrian. PIP coverage is not universally available and gives slightly broader coverage than med pay

Liability – Liability coverage provides protection from damage or injury you incur to other’s property or people in an accident. It protects YOU against other people’s claims, and doesn’t cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see 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 $50,000 of coverage for damaged propery.

Liability can pay for claims such as pain and suffering, emergency aid and repair costs for stationary objects. The amount of liability coverage you purchase is up to you, but it’s cheap coverage so purchase as large an amount as possible.

Collision coverage – This coverage pays to fix your vehicle from damage resulting from colliding with another car or object. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage pays for claims like rolling your car, damaging your car on a curb, crashing into a building and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so consider dropping it from lower value vehicles. Drivers also have the option to bump up the deductible in order to get cheaper collision rates.