View 2012 Volvo XC60 Car Insurance Quotes

Looking for cheaper insurance rates for your Volvo XC60? Buying insurance online may appear to be difficult at first if you are one of the many people who have never used online rate quotes. But don’t be overwhelmed because it’s actually quite easy.

You should take the time to compare prices quite often since insurance prices fluctuate regularly. Just because you had the lowest price on XC60 coverage a few years ago the chances are good that you can find a lower rate today. Block out anything you think you know about insurance because you’re about to learn one of the quickest ways to find better coverage at a better price.

Smart buyers can reduce their insurance rates

Many factors are part of the equation when you get your auto insurance bill. A few of the factors are predictable like an MVR report, although some other factors are not as apparent like your vehicle usage or how financially stable you are.

  • Younger drivers are expensive to insure – Youthful drivers are statistically shown to be easily distracted when behind the wheel so insurance coverage rates are higher. Parents adding a first-time driver to your policy can cause a big jump in price. Mature drivers are more cautious drivers, statistically cause fewer accidents and are safer drivers.
  • Your liability coverage limits – The liability coverage on your policy will provide protection if you are found to be at fault for causing damage or personal injury in an accident. Your liability coverage provides for a legal defense starting from day one. Liability insurance is pretty cheap when compared to the cost of physical damage coverage, so do not skimp.
  • Better premiums on safer vehicles – Safer cars tend to be cheaper to insure. The safest vehicles help reduce the chance of injuries in an accident and better occupant protection means less claims paid which can mean better rates for you. If your Volvo XC60 earned at least an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you may be receiving a better rate.
  • Save by driving less – The more you drive your Volvo every year the more you’ll pay to insure your vehicle. Most insurance companies charge to insure your cars determined by how the vehicle is used. Autos that are left in the garage qualify for better rates than those that get driven frequently. Make sure your insurance coverage declarations sheet states the correct usage for each vehicle. Having an incorrect usage rating on your XC60 can cost quite a bit.
  • Cheaper rates for prior coverage – Driving without insurance can get you a ticket and any future policy may cost more because you let your coverage have a gap. In addition to paying higher rates, failure to provide proof of insurance will get you a license revocation or jail time. Then you may be required to prove you have insurance by filing a SR-22 with your state motor vehicle department.
  • Optional features that cut insurance coverage rates – Driving a car that has a built-in theft deterrent system can save you some money. Anti-theft features like OnStar, LoJack tracking, and tamper alarms all hinder car theft.
  • Insurance premiums and driver gender – Over the last 50 years, statistics have shown that women are safer drivers than men. However, this does not mean women are BETTER drivers than men. Both genders cause accidents at about the same rate, but guys cause more damage and cost insurance companies more money. Men also tend to have more aggressive citations like DUI and reckless driving.

These discounts can reduce insurance rates

Companies offering auto insurance don’t necessarily list all possible discounts very clearly, so the following list contains a few of the more well known and the harder-to-find credits that you can use to lower your rates.

  • College Student Discount – Youth drivers who are enrolled in a college that is more than 100 miles from home and do not take a car to college can be insured at a reduced rate.
  • Homeowners Pay Less – Simply owning a home can get you a discount due to the fact that maintaining a home requires personal responsibility.
  • New Vehicle Savings – Insuring a vehicle that is new can be considerably cheaper because newer models are generally safer.
  • Early Renewal Discounts – Select companies give a discount for buying a new policy prior to your current policy expiring. You can save around 10% with this discount.
  • Auto/Home Discount – If you can combine your auto and home policy with one company you may save at least 10 to 15 percent or more.
  • Driver’s Ed – Require your teen driver to sucessfully take a drivers education course in high school.
  • Drive Less and Save – Fewer annual miles on your Volvo could qualify for lower insurancerates due to less chance of an accident.
  • ABS Brakes – Cars and trucks that have anti-lock braking systems have fewer accidents and will save you 10% or more.

As is typical with insurance, most of the big mark downs will not be given to the entire cost. Some only apply to specific coverage prices like comp or med pay. Just because it seems like having all the discounts means you get insurance for free, insurance companies wouldn’t stay in business.

Popular insurance companies and some of the premium reductions they offer are included below.

  • State Farm discounts include multiple policy, driver’s education, safe vehicle, multiple autos, and student away at school.
  • GEICO may have discounts that include multi-policy, federal employee, five-year accident-free, multi-vehicle, anti-theft, and daytime running lights.
  • Progressive offers discounts including online signing, homeowner, continuous coverage, multi-policy, multi-vehicle, and online quote discount.
  • 21st Century has discounts for anti-lock brakes, homeowners, student driver, defensive driver, air bags, and theft prevention.
  • American Family policyholders can earn discounts including TimeAway discount, multi-vehicle, accident-free, good student, and bundled insurance.
  • The Hartford offers premium reductions for bundle, driver training, anti-theft, vehicle fuel type, and air bag.
  • AAA may offer discounts for multi-car, anti-theft, multi-policy, pay-in-full, and good driver.

When getting free insurance quotes, it’s a good idea to every insurance company which credits you are entitled to. All car insurance discounts may not be offered in every state. To see companies who offer free insurance quotes, click here to view.

Advertising myths

Insurance coverage providers like Allstate, GEICO and Progressive consistently run television and radio advertisements. All the ads have a common claim that drivers will save a bundle just by moving to them. How is it plausible that every one can make almost identical claims? It’s all in the wording.

All the different companies have an ideal profile for the type of insured that will be a good risk. An example of a profitable insured should be between the ages of 30 and 50, has never had a policy lapse, and drives less than 7,500 miles a year. Any customer who fits that profile will probably get cheap rates and will also cut their rates substantially.

Potential customers who cannot meet those standards will probably have to pay higher premium rates with the end result being business not being written. Company advertisements say “customers that switch” but not “everyone who gets a quote” will save that much if they switch. This is how companies can lure you into getting a quote.

This illustrates why you should get as many free insurance quotes as possible. You cannot predict which insurance coverage company will give you lower rates than your current company.

When do I need an agent’s advice?

When it comes to buying coverage, there isn’t really a one size fits all plan. Each situation is unique.

Here are some questions about coverages that can aid in determining whether or not you might need professional guidance.

  • Will filing a claim cost me more?
  • What companies insure drivers after a DUI or DWI?
  • When should I drop full coverage on my 2012 Volvo XC60?
  • Can I afford to pay high deductible claims out of pocket?
  • Should I waive the damage coverage when renting a car?
  • Am I covered if I crash into my own garage door?

If you can’t answer these questions but a few of them apply, you might consider talking to an agent. If you want to speak to an agent in your area, fill out this quick form.

Insurance coverage breakdown

Knowing the specifics of insurance can be of help when determining the right coverages and proper limits and deductibles. The coverage terms in a policy can be confusing and coverage can change by endorsement.

Comprehensive insurance

This covers damage from a wide range of events other than collision. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive insurance covers things like hail damage, theft, a tree branch falling on your vehicle and rock chips in glass. The maximum payout you can receive from a comprehensive claim is the actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Coverage for collisions

Collision coverage pays to fix your vehicle from damage from colliding with an object or car. You have to pay a deductible then your collision coverage will kick in.

Collision coverage pays for things such as colliding with another moving vehicle, hitting a parking meter and backing into a parked car. Collision is rather expensive coverage, so consider dropping it from vehicles that are older. It’s also possible to increase the deductible in order to get cheaper collision rates.

Coverage for medical expenses

Personal Injury Protection (PIP) and medical payments coverage provide coverage for immediate expenses for things like dental work, surgery and chiropractic care. The coverages can be utilized in addition to your health insurance policy or if you are not covered by health insurance. Coverage applies to both the driver and occupants as well as any family member struck as a pedestrian. PIP is not an option in every state but can be used in place of medical payments coverage

Coverage for uninsured or underinsured drivers

This protects you and your vehicle from other motorists when they are uninsured or don’t have enough coverage. It can pay for medical payments for you and your occupants and damage to your Volvo XC60.

Because many people have only the minimum liability required by law, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Normally these limits are set the same as your liablity limits.

Liability coverage

This coverage protects you from damages or injuries you inflict on other people or property in an accident. This coverage protects you from claims by other people, 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. You commonly see values of 25/50/25 that translate to $25,000 bodily injury coverage, a per accident bodily injury limit of $50,000, and a limit of $25,000 paid for damaged property. Alternatively, you may have one limit called combined single limit (CSL) which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability coverage pays for claims like emergency aid, structural damage, pain and suffering, medical services and loss of income. How much coverage you buy is up to you, but consider buying as much as you can afford.

In Summary

When trying to cut insurance costs, you should never sacrifice coverage to reduce premiums. There are a lot of situations where consumers will sacrifice physical damage coverage only to regret at claim time that it was a big error on their part. The ultimate goal is to purchase a proper amount of coverage at a price you can afford, not the least amount of coverage.

You just learned some good ideas how to get a better price on 2012 Volvo XC60 insurance. The most important thing to understand is the more providers you compare, the higher the chance of saving money. Consumers could even find that the best price on insurance is with a company that doesn’t do a lot of advertising.

Lower-priced insurance can be purchased on the web in addition to local insurance agencies, and you need to comparison shop both so you have a total pricing picture. Some insurance providers may not offer online price quotes and these small, regional companies provide coverage only through independent insurance agencies.

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