2010 Volvo XC70 Insurance Rates – 7 Savings Tips

Looking for better auto insurance rates for your Volvo XC70? Having to pay for expensive Volvo XC70 insurance can dwindle your accounts and make it hard to pay other bills. Popular companies such as Allstate, Liberty Mutual and State Farm promote their brand names with catchy ads and it is challenging if not impossible to avoid their marketing magic and find the best price available.

Seven discounts to earn affordable car insurance rates

The cost of insuring your cars can be expensive, but there could be significant discounts to cut the cost considerably. A few discounts will automatically apply at the time you complete a quote, but some may not be applied and must be specially asked for before you get the savings.

  • Student in College – Any of your kids living away from home attending college and do not have access to a covered vehicle can receive lower rates.
  • Homeowners Discount – Being a homeowner can save you money since owning and maintaining a home demonstrates responsibility.
  • Theft Deterent – Vehicles with anti-theft systems can help prevent theft and will qualify for a discount on a auto insurance quote.
  • Low Mileage Discounts – Keeping the miles down on your Volvo could qualify for substantially lower car insurancerates.
  • Claim-Free Discount – Insureds with no claims or accidents have much lower rates compared to policyholders that have many claims.
  • Switch and Save Discount – A few insurance companies offer discounts for switching companies before your current policy expires. It’s a savings of about 10%.
  • Military Rewards – Being on active deployment in the military could mean lower premium rates.

While discounts sound great, it’s important to understand that most of the big mark downs will not be given to the overall cost of the policy. Some only apply to individual premiums such as physical damage coverage or medical payments. Despite the fact that it seems like you can get free auto insurance, it just doesn’t work that way. But any discount will reduce your policy cost.

The best car insurance companies and a partial list of their discounts include:

  • American Family offers discounts including mySafetyValet, Steer into Savings, accident-free, early bird, TimeAway discount, and defensive driver.
  • State Farm policyholders can earn discounts including good student, good driver, driver’s education, anti-theft, and safe vehicle.
  • 21st Century may include discounts for theft prevention, early bird, automatic seat belts, 55 and older, student driver, and air bags.
  • Travelers offers discounts for new car, payment discounts, IntelliDrive, save driver, student away at school, home ownership, and hybrid/electric vehicle.
  • GEICO includes discounts for anti-lock brakes, daytime running lights, anti-theft, seat belt use, five-year accident-free, multi-policy, and defensive driver.

If you need lower rates, check with every prospective company which discounts they offer. Discounts may not be available everywhere.

Don’t listen to company ads

Drivers can’t avoid all the ads that claim the lowest car insurance rates by companies like Progressive, GEICO, Allstate and State Farm. They all make an identical promise that you’ll save big if you move your policy.

It sounds good, but how can they all sell you cheaper insurance coverage? Here is how they do it.

Many companies look for specific characteristics for the type of insured that earns them the highest profit. One example of a desirable insured could possibly be between 30 and 50, has never had a policy lapse, and drives a car with an anti-theft system. Any customer who meets those qualifications is entitled to the best price as well as save some money.

Insureds who are not a match for this ideal profile will be charged a higher rate which results in the customer not buying. The trick is to say “drivers who switch” but not “everyone who gets a quote” save the amount stated. That’s why insurance companies can state the savings. Because each company has a different risk profile, it’s extremely important to get auto insurance quotes from several different companies. It is just not possible to predict the company that will have the lowest rates for your situation.

Tailor your auto insurance coverage to you

When it comes to choosing the best auto insurance coverage for your personal vehicles, there is no cookie cutter policy. Everyone’s needs are different so your insurance should reflect that For example, these questions may help highlight if you would benefit from professional advice.

  • How high should my uninsured/underinsured coverage be in my state?
  • Will my insurance pay for OEM parts?
  • Do I need to file an SR-22 for a DUI in my state?
  • Is business property covered if stolen from my car?
  • Is my dog or cat covered if injured in an accident?
  • When should I not file a claim?
  • Is my camper covered by my car insurance policy?
  • Can I pay claims out-of-pocket if I buy high deductibles?
  • Can I get a multi-policy discount?
  • Is my vehicle covered by my employer’s policy when using it for work?

If you can’t answer these questions but one or more may apply to you, then you may want to think about talking to an insurance agent. If you don’t have a local agent, simply complete this short form or go to this page to view a list of companies. It only takes a few minutes and can help protect your family.

Insurance coverage considerations

Learning about specific coverages of your insurance policy helps when choosing the right coverages and proper limits and deductibles. The coverage terms in a policy can be impossible to understand and even agents have difficulty translating policy wording. Shown next are typical coverage types available from insurance companies.

Liability insurance

This protects you from injuries or damage you cause to other’s property or people. This insurance protects YOU against other people’s claims, and does not provide coverage for damage sustained by your vehicle in an accident.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show policy limits of 25/50/25 that translate to a $25,000 limit per person for injuries, a per accident bodily injury limit of $50,000, and property damage coverage for $25,000.

Liability can pay for things such as repair costs for stationary objects, bail bonds, legal defense fees and attorney fees. How much liability coverage do you need? That is up to you, but it’s cheap coverage so purchase as large an amount as possible.

Comprehensive coverages

Comprehensive insurance pays for damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things such as fire damage, theft, rock chips in glass and falling objects. The maximum payout a insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.

Uninsured and underinsured coverage

Your UM/UIM coverage gives you protection when other motorists either are underinsured or have no liability coverage at all. It can pay for hospital bills for your injuries and also any damage incurred to your 2010 Volvo XC70.

Because many people have only the minimum liability required by law, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is very important.

Coverage for medical payments

Medical payments and Personal Injury Protection insurance pay for bills for things like prosthetic devices, X-ray expenses, nursing services and funeral costs. The coverages can be utilized in addition to your health insurance policy or if you lack health insurance entirely. They cover both the driver and occupants and will also cover getting struck while a pedestrian. Personal Injury Protection is only offered in select states and gives slightly broader coverage than med pay

Collision protection

Collision coverage pays to fix your vehicle from damage resulting from colliding with an object or car. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage protects against things like sideswiping another vehicle, driving through your garage door, hitting a parking meter and crashing into a ditch. This coverage can be expensive, so consider dropping it from lower value vehicles. Drivers also have the option to bump up the deductible to bring the cost down.

A fool and his money are soon parted

In this article, we presented many ways to get a better price on 2010 Volvo XC70 insurance. The most important thing to understand is the more companies you get prices for, the better chance you’ll have of finding the cheapest auto insurance. You may even find the best premium rates are with an unexpected company. These companies often have lower prices on specific markets than the large multi-state companies such as Progressive or GEICO.

Cost effective 2010 Volvo XC70 insurance can be bought on the web and also from your neighborhood agents, and you need to price shop both in order to have the best price selection to choose from. Some auto insurance companies do not provide internet price quotes and these small, regional companies work with independent agents.

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