2004 Volvo XC70 Insurance Cost – 9 Discounts for Best Prices

Want cheaper insurance coverage rates for your Volvo XC70? I can’t think of anyone who looks forward to paying premiums for insurance coverage, especially when the cost is too high. Numerous car insurance companies battle for your insurance dollar, and because of this it can be hard to compare insurers and uncover the absolute best rate

You should make it a habit to do rate comparisons as often as possible because insurance prices trend upward over time. Despite the fact that you may have had the lowest price on XC70 insurance a couple years back you will most likely find a better rate today. Forget anything you know (or think you know) about insurance coverage because we’re going to demonstrate the tricks you need to know to buy cheaper insurance coverage.

If you are insured now or are looking for a new policy, you can use these tips to shop for the lowest rates and still get good coverage. Finding affordable coverage is not rocket science. Vehicle owners only need an understanding of the proper way to buy auto insurance on the web.

How to compare car insurance quotes

Finding low cost car insurance quotes is pretty simple and can save money. Consumers just need to spend a few minutes on the computer comparing rate quotes to find out which insurance company has cheap insurance coverage quotes. This can easily be done in several different ways.

1. If you are pressed for time, the simplest way to get the best comparison quotes is an all-inclusive rate comparison like this one (opens in new window). This style of form keeps you from doing repetitive form submissions for each company. Filling out one form gets prices estimates from several companies.
2. A more difficult way to find more affordable insurance consists of going to the website of each company to request a price quote. For examples sake, we’ll pretend you want to see prices from Nationwide, Progressive and GMAC. You would need to navigate to each company’s site and type in your information over and over, which is why most consumers use the first method.

   To view a list of companies in your area, click here.

Whichever method you choose, make sure you compare the same coverages and limits with each company. If you are comparing higher or lower deductibles it will be impossible to determine the best price for your Volvo XC70.

Do you qualify for discount auto insurance?

Some providers don’t list every possible discount very well, so we researched a few of the more common in addition to some of the lesser obvious savings tricks you should be using when you buy insurance coverage online.

• E-sign – A few companies will discount your bill up to fifty bucks simply for signing online.
• Discount for Life Insurance – Larger insurance companies have lower premium rates if you buy a life policy as well.
• Good Driver Discount – Drivers who avoid accidents can pay as much as 50% less on XC70 insurance than less cautious drivers.
• Early Payment Discounts – If you can afford to pay the entire bill as opposed to paying monthly you can actually save on your bill.
• Senior Citizens – Mature drivers may qualify for a slight reduction on a insurance coverage quote on XC70 insurance.
• Multiple Vehicles – Purchasing coverage when you have several vehicles on one policy could earn a price break for each car.
• Passive Restraint Discount – Factory air bags can qualify for discounts of up to 25% or more.
• Renewal Discounts – Some insurance companies provide a discount for renewing your policy early. You may see this discount when you get insurance coverage quotes online.
• Organization Discounts – Being a member of a qualifying organization could earn you a nice discount on your policy.

Remember that some credits don’t apply to your bottom line cost. Most cut individual premiums such as medical payments or collision. Even though it appears all the discounts add up to a free policy, company stockholders wouldn’t be very happy.

A few of the larger companies and their possible discounts include:

• State Farm offers premium reductions for safe vehicle, accident-free, anti-theft, Steer Clear safe driver discount, driver’s education, and good driver.
• GEICO may offer discounts for driver training, multi-policy, good student, five-year accident-free, and multi-vehicle.
• Allstate includes discounts for anti-lock brakes, utility vehicle, good payer, premier plus, and auto/life discount.
• SAFECO may have discounts that include teen safety rewards, multi-car, anti-lock brakes, anti-theft, drive less, and safe driver.
• Farm Bureau discounts include 55 and retired, driver training, youthful driver, good student, and multi-policy.
• Progressive may include discounts for multi-policy, continuous coverage, online signing, online quote discount, multi-vehicle, and homeowner.
• AAA offers discounts for good student, multi-car, multi-policy, good driver, AAA membership discount, and pay-in-full.

If you want affordable insurance coverage quotes, ask each company which discounts can lower your rates. Depending on the company, some discounts might not apply everywhere. To see insurance companies with the best discounts, click here to view.

What insurance coverages do I need?

When choosing proper insurance coverage for your personal vehicles, there really is no one size fits all plan. Your needs are not the same as everyone else’s so your insurance needs to address that. For example, these questions may help you determine whether you might need professional guidance.

• How do I buy GAP insurance?
• Do I have coverage if my license is suspended?
• Do I have any recourse if my insurance company denies a claim?
• Does my personal policy cover me when driving out-of-state?
• When do I need to add a new car to my policy?
• What is covered by UM/UIM coverage?
• Should I sign the liability waiver when renting a car?

If you’re not sure about those questions but a few of them apply then you might want to talk to an agent. To find an agent in your area, simply complete this short form or click here for a list of insurance companies in your area. It is quick, free and can provide invaluable advice.

Insurance specifics

Understanding the coverages of your insurance policy helps when choosing the best coverages and the correct deductibles and limits. The coverage terms in a policy can be difficult to understand and coverage can change by endorsement. Listed below are typical coverage types available from insurance companies.

Comprehensive protection – Comprehensive insurance coverage pays to fix your vehicle from damage that is not covered by collision coverage. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things such as theft, hail damage, a tree branch falling on your vehicle and falling objects. The maximum amount your insurance company will pay is the ACV or actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Auto liability – This can cover damage or injury you incur to people or other property. It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You might see policy limits of 50/100/50 that translate to $50,000 in coverage for each person’s injuries, a limit of $100,000 in injury protection per accident, and a limit of $50,000 paid for damaged property.

Liability coverage protects against things such as attorney fees, funeral expenses and loss of income. How much coverage you buy is a decision to put some thought into, but it’s cheap coverage so purchase higher limits if possible.

Collision coverages – Collision coverage covers damage to your XC70 resulting from a collision with another car or object. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims like rolling your car, sustaining damage from a pot hole, hitting a parking meter and backing into a parked car. Paying for collision coverage can be pricey, so you might think about dropping it from lower value vehicles. Another option is to choose a higher deductible to bring the cost down.

Medical expense coverage – Medical payments and Personal Injury Protection insurance pay for bills like rehabilitation expenses, prosthetic devices, surgery, ambulance fees and funeral costs. They can be used to cover expenses not covered by your health insurance plan or if you lack health insurance entirely. They cover both the driver and occupants in addition to if you are hit as a while walking down the street. PIP coverage is not universally available and gives slightly broader coverage than med pay

Uninsured or underinsured coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other motorists when they do not carry enough liability coverage. Covered claims include injuries sustained by your vehicle’s occupants and damage to your Volvo XC70.

Since many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. For this reason, having high UM/UIM coverages is very important.