2008 Volvo V50 Insurance Quotes

Are you burned out from being strong-armed to insure your Volvo every month? You are no different than most other drivers. Due to the increasing number of choices, it is hard for the average consumer to choose the right insurance coverage company.

It’s a good idea to compare premium rates yearly because insurance coverage prices go up and down regularly. Even if you think you had the lowest rates on V50 insurance last year you can probably find a lower rate today. Ignore everything you know about insurance coverage because you’re about to learn the things you must know in order to find the best coverage while lowering your premiums.

Take policy discounts and save

Companies that sell car insurance don’t always list every disount available in an easy-to-find place, so the list below details both the well known and the harder-to-find discounts that may be available.

  • College Student Discount – Any of your kids who attend college more than 100 miles from home and do not take a car to college could get you a discount.
  • Drive Safe and Save – Drivers who don’t get into accidents can save up to 40% or more on their car insurance quote on V50 insurance than their less cautious counterparts.
  • Drivers Ed for Students – Have your child enroll and complete driver’s education in school or through a local driver safety program.
  • Senior Discount – Drivers over the age of 55 are able to get reduced rates on V50 insurance.
  • Good Student – A discount for being a good student can earn a discount of 20% or more. Most companies allow this discount up to age 25.
  • Multiple Vehicles – Drivers who insure several vehicles with the same company could earn a price break for each car.
  • Federal Employees – Active or retired federal employment can earn a discount up to 10% on V50 insurance with a few insurance companies.
  • Clubs and Organizations – Participating in certain professional organizations could earn you a nice discount when getting a car insurance quote.
  • Multiple Policy Discount – When you have multiple policies and insure them with the same company you could save approximately 10% to 15%.
  • ABS Brakes – Cars and trucks that have steering control and anti-lock brakes prevent accidents and the ABS can save up to 10%.

Just know that some of the credits will not apply to the overall cost of the policy. Most cut the cost of specific coverages such as comprehensive or collision. So even though you would think it’s possible to get free car insurance, that’s just not realistic.

To view insurers that provide some of the discounts listed above, click here to view.

Compare free auto insurance price quotes

Getting low cost 2008 Volvo V50 auto insurance pricing is not rocket science. Just take a couple of minutes to compare rate quotes online with multiple companies. Comparing prices online can be done using a couple different methods.

  1. The first (and easiest) way to get the best comparison quotes is an all-inclusive rate comparison click here to open form in new window. This quick form keeps you from doing separate forms for each company you want a rate for. Taking the time to complete one form gets you price quotes from all major companies.
  2. A slightly less efficient method to find more affordable insurance consists of visiting each company website and repeat the quote process again and again. For examples sake, we’ll pretend you want to get rates from Allstate, Safeco and GMAC. To get each rate you have to navigate to each company’s site and repeatedly type in your coverage information, which can be really labor intensive. For a list of links to companies insuring cars in your area, click here.

Take whichever approach you prefer, but ensure you are comparing apples-to-apples deductibles and coverage limits for each quote you get. If each company quotes different liability limits it will be next to impossible to find the best deal for your Volvo V50.

Which policy gives me the best coverage?

When it comes to choosing the best car insurance coverage, there really is no best way to insure your cars. Each situation is unique so this has to be addressed. For instance, these questions could help you determine if your situation may require specific advice.

  • Am I covered when driving in Canada or Mexico?
  • Is my babysitter covered when using my vehicle?
  • Is my business laptop covered if it gets stolen from my vehicle?
  • Are my friends covered when driving my 2008 Volvo V50?
  • Do I need PIP coverage since I have good health insurance?
  • Am I missing any policy discounts?
  • What are the financial responsibility laws in my state?
  • If my 2008 Volvo V50 is totaled, can I afford another vehicle?

If you don’t know the answers to these questions, you may need to chat with a licensed agent. If you want to speak to an agent in your area, fill out this quick form or you can also visit this page to select a carrier It is quick, free and you can get the answers you need.

Auto insurance policy specifics

Knowing the specifics of auto insurance helps when choosing the right coverages for your vehicles. Policy terminology can be ambiguous and even agents have difficulty translating policy wording. Below you’ll find the normal coverages found on the average auto insurance policy.

Protection from uninsured/underinsured drivers

This provides protection from other drivers when they either are underinsured or have no liability coverage at all. It can pay for hospital bills for your injuries and damage to your 2008 Volvo V50.

Since a lot of drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is a good idea. Usually these coverages are identical to your policy’s liability coverage.

Comprehensive (Other than Collision)

This will pay to fix damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for claims like rock chips in glass, damage from a tornado or hurricane and falling objects. The maximum payout you’ll receive from a claim is the market value of your vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Liability insurance

This coverage provides protection from damage or injury you incur to other people or property. This coverage protects you from legal claims by others, and doesn’t cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show policy limits of 25/50/25 that translate to a $25,000 limit per person for injuries, $50,000 for the entire accident, and property damage coverage for $25,000. Another option is a combined single limit or CSL which combines the three limits into one amount without having the split limit caps.

Liability can pay for things such as medical services, medical expenses, repair costs for stationary objects and bail bonds. How much liability should you purchase? That is a decision to put some thought into, but you should buy as high a limit as you can afford.

Coverage for collisions

This coverage pays to fix your vehicle from damage resulting from colliding with another car or object. A deductible applies then the remaining damage will be paid by your insurance company.

Collision insurance covers things like rolling your car, crashing into a building and colliding with another moving vehicle. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from older vehicles. Drivers also have the option to increase the deductible in order to get cheaper collision rates.

Medical expense insurance

Personal Injury Protection (PIP) and medical payments coverage reimburse you for short-term medical expenses for things like rehabilitation expenses, hospital visits, ambulance fees, EMT expenses and prosthetic devices. The coverages can be utilized in addition to your health insurance policy or if there is no health insurance coverage. Coverage applies to not only the driver but also the vehicle occupants and will also cover getting struck while a pedestrian. PIP is not available in all states and gives slightly broader coverage than med pay

Online plus local equals savings

Low-cost 2008 Volvo V50 insurance can be bought both online and also from your neighborhood agents, so you should be comparing quotes from both to have the best selection. A few companies may not offer price quotes online and usually these regional carriers sell through independent agencies.

In this article, we presented many tips how you can lower your 2008 Volvo V50 insurance prices. The key concept to understand is the more rate quotes you have, the better likelihood of getting low cost car insurance. Drivers may discover the lowest prices are with the least-expected company. Some small companies can often insure niche markets at a lower cost as compared to the big name companies such as Allstate, GEICO and Progressive.

Additional information is located at the links below