2013 Volvo XC60 Insurance Cost

Trying to find cheaper insurance rates for your Volvo XC60? I doubt anyone enjoys paying for insurance, especially when they know they could lower their rates if they shopped around. Companies like State Farm and GEICO constantly bombard you with fancy advertisements and it is challenging if not impossible to avoid their marketing magic and find the best price available.

If you are insured now or are looking for a new policy, you can use these tips to find better prices while maximizing coverage. Finding affordable coverage is not that difficult. Drivers just need to learn the proper methods to find the lowest price online.

How to get free auto insurance quotes online

All major auto insurance companies give prices on the web. Comparing prices online is fairly simple because it’s just a matter of typing in the coverage amounts you desire as detailed in the form. After you complete the form, their quoting system collects credit information and your driving record and quotes a price determined by many factors. Being able to quote online makes it a lot easier to compare rates but the time it takes to visit each company’s website and repetitively fill out multiple forms is repetitive and time-consuming. But it is imperative to do this if you want to get a better rate.

A quicker way to compare rates makes use of a single form to get prices from several different companies. This type of form saves time, eliminates repetitive work, and makes online quotes much more efficient. Once the form is submitted, it is rated with multiple companies and you can pick your choice of the returned quotes.

If a lower price is quoted, you simply finish the application and buy the policy. The whole process can be completed in a matter of minutes and you’ll know if lower rates are available.

If you want to compare pricing, simply click here to open in new window and fill out the form. If you have your current policy handy, we recommend you complete the form with the coverages as close as possible to your current policy. Doing this guarantees you will get rate quotes based on similar coverages.

Verify you’re receiving every discount

Car insurance is not cheap nor is it fun to buy but you may be missing some discounts to help offset the cost. A few discounts will automatically apply when you get a quote, but some must be requested specifically before you get the savings.

  • Low Mileage Discounts – Driving fewer miles could be rewarded with cheaper premium rates.
  • Early Renewal Discounts – A few companies give discounts for switching to them prior to the expiration date on your current policy. It can save you around 10%.
  • Student in College – Youth drivers who attend college more than 100 miles from home without a vehicle on campus may be able to be covered for less.
  • Discounts for Federal Employees – Simply working for the federal government can earn a discount up to 10% on XC60 coverage with some car insurance companies.
  • Military Discounts – Being on active deployment in the military could be rewarded with lower premium rates.
  • Homeowners Pay Less – Being a homeowner can earn you a little savings since home ownership means you have a higher level of financial diligence.

Consumers should know that some credits don’t apply to your bottom line cost. Most only reduce the cost of specific coverages such as collision or personal injury protection. Despite the appearance that having all the discounts means you get insurance for free, companies don’t profit that way. But all discounts should definitely cut your car insurance premiums.

Popular car insurance companies and their offered discounts are shown below.

  • GEICO policyholders can earn discounts including multi-policy, federal employee, membership and employees, five-year accident-free, seat belt use, multi-vehicle, and military active duty.
  • USAA has discounts for multi-policy, safe driver, vehicle storage, annual mileage, and good student.
  • Progressive offers discounts including homeowner, continuous coverage, good student, multi-vehicle, multi-policy, and online signing.
  • American Family may include discounts for multi-vehicle, TimeAway discount, good student, defensive driver, mySafetyValet, and accident-free.
  • Esurance includes discounts for emergency road assistance, multi-car, homeowner, anti-lock brakes, renters, and anti-theft.
  • Farmers Insurance may have discounts that include homeowner, mature driver, multi-car, youthful driver, and pay in full.
  • State Farm discounts include defensive driving training, multiple policy, Drive Safe & Save, good driver, driver’s education, safe vehicle, and passive restraint.

Before you buy a policy, ask each company what discounts are available to you. Some discounts listed above might not be offered in your area. To choose insurers that can offer you the previously mentioned discounts, click here.

Find Volvo XC60 insurance more affordably

Lots of factors are used when you get your auto insurance bill. Some factors are common sense like your driving record, but other factors are more transparent such as your credit history or your vehicle rating.An important part of buying insurance is that you know some of the things that go into determining the rates you pay for car insurance. If you understand what impacts premium levels, this enables informed choices that could result in lower rates.

Shown below are a partial list of the pieces used by your company to calculate your prices.

  • Insurance rates for married couples – Being married may cut your premiums on your car insurance bill. Having a spouse demonstrates that you tend to be less irresponsible and statistics show married drivers tend to have fewer serious accidents.
  • Increase comp and collision deductibles to save – Coverage for physical damage, commonly called comprehensive (or other-than-collision) and collision coverage, helps pay for damage to your vehicle. Some examples of covered claims are a windshield shattered by a rock, flood damage, and rolling your vehicle. Deductibles for physical damage represent how much money the insured will be required to pay if a covered claim is submitted. The more damage repair cost you’re willing to pay, the less money you will pay for car insurance on XC60 coverage.
  • Where do you drive? – The higher the miles on your Volvo every year the higher the price you pay to insure it. Many insurance companies apply a rate based upon how much you drive. Autos used primarily for pleasure use receive lower rates than vehicles that have high annual mileage. An incorrectly rated XC60 may be wasting your money. Make sure your policy is showing the correct usage for each vehicle, because improper ratings can cost you money.
  • Where you live can affect prices – Having an address in a rural area is a good thing when trying to find low car insurance rates. Urban drivers regularly have much more traffic and longer commute times. Less people means less chance of accidents as well as less vandalism and auto theft.
  • Liability coverage is important – The liability section of your policy is the protection when a court rules you are at fault for personal injury or accident damage. Liability provides legal defense coverage up to the limits shown on your policy. Liability is cheap compared to comp and collision, so do not skimp.

When should I discuss my situation with an agent?

When choosing adequate coverage for your vehicles, there is no “perfect” insurance plan. Your needs are not the same as everyone else’s and your policy should reflect that. These are some specific questions could help you determine whether or not you would benefit from professional advice.

  • Do I benefit by insuring my home with the same company?
  • Should I have a commercial auto policy?
  • Can my teen drive my company car?
  • Is my ex-spouse still covered by my policy?
  • Am I covered if I crash into my own garage door?
  • Will I be non-renewed for getting a DUI or other conviction?
  • Do I have newly-aquired coverage?

If it’s difficult to answer those questions, you might consider talking to a licensed insurance agent. To find lower rates from a local agent, take a second and complete this form or you can go here for a list of companies in your area. It’s fast, free and you can get the answers you need.

Advertising myths

Drivers get pounded daily by advertisements that claim the cheapest rates by Allstate and Progressive. All the ads try to convey promises that people will save after switching to their company.

But how can every company make almost identical claims? It’s all in how they say it.

Insurance providers give the cheapest rates for the type of customer that will be a good risk. One example of a profitable risk profile might be between the ages of 40 and 55, has never had a policy lapse, and drives a safe vehicle. A customer getting a price quote that matches those criteria will get very good rates and will probably save some money.

Drivers who are not a match for those standards will get higher premiums with the end result being business going elsewhere. Company advertisements say “people that switch” not “everyone that quotes” save that much when switching. That is how insurance companies can confidently advertise the savings.

Because of the profiling, it’s extremely important to compare price quotes frequently. Because you cannot predict with any certainty which company will give you the biggest savings.

Information about specific coverages

Understanding the coverages of insurance aids in choosing the best coverages and the correct deductibles and limits. Insurance terms can be confusing and even agents have difficulty translating policy wording. Below you’ll find typical coverages offered by insurance companies.

Medical expense coverage

Personal Injury Protection (PIP) and medical payments coverage provide coverage for immediate expenses for things like chiropractic care, pain medications, X-ray expenses, EMT expenses and funeral costs. The coverages can be used to fill the gap from your health insurance policy or if there is no health insurance coverage. It covers all vehicle occupants and also covers getting struck while a pedestrian. PIP is not an option in every state and gives slightly broader coverage than med pay

Comprehensive protection

Comprehensive insurance coverage pays for damage that is not covered by collision coverage. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for things like fire damage, rock chips in glass and damage from getting keyed. The maximum payout a insurance company will pay at claim time is the actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Liability car insurance

This 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 does not provide coverage for damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. Your policy might show liability limits of 100/300/100 which means $100,000 bodily injury coverage, $300,000 for the entire accident, and $100,000 of coverage for damaged propery. Some companies may use one limit called combined single limit (CSL) which combines the three limits into one amount without having the split limit caps.

Liability coverage protects against things such as structural damage, legal defense fees, funeral expenses, emergency aid and pain and suffering. The amount of liability coverage you purchase is your choice, but it’s cheap coverage so purchase as much as you can afford.

Auto collision coverage

This coverage covers damage to your XC60 from colliding with another vehicle or an object, but not an animal. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for claims such as sustaining damage from a pot hole, crashing into a building and hitting a parking meter. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from lower value vehicles. Another option is to choose a higher deductible in order to get cheaper collision rates.

Uninsured or underinsured coverage

This protects you and your vehicle when other motorists do not carry enough liability coverage. Covered claims include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Because many people only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Usually your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Power to the consumer

Lower-priced insurance can be purchased from both online companies as well as from independent agents, so you need to quote insurance coverage with both to get a complete price analysis. Some insurance companies don’t offer online quoting and most of the time these small, regional companies sell through independent agencies.

When searching for inexpensive insurance coverage quotes, make sure you don’t sacrifice coverage to reduce premiums. There are too many instances where an accident victim reduced comprehensive coverage or liability limits to discover at claim time they didn’t purchase enough coverage. The proper strategy is to find the BEST coverage at the best possible price but still have enough coverage for asset protection.

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