2014 Volvo XC70 Insurance Rates – 7 Tips for Best Quotes

Getting cheaper insurance is challenging for shopping for insurance over the internet. With so many agents and companies competing online, how are vehicle owners able to possibly compare each option to find better rates?

It’s smart to check insurance prices periodically since prices change quite often. If you had the best rate on XC70 insurance at your last renewal you will most likely find a better premium rate today. There is a lot of bad advice regarding insurance online but I’m going to show you some guaranteed methods to buy insurance cheaper.

Cheaper insurance coverage rates with discounts

Insurance coverage can be pricey, but there could be significant discounts that can drop the cost substantially. Certain discounts will be applied at quote time, but lesser-known reductions have to be manually applied before you get the savings.

  • Senior Citizen Rates – Older drivers can get a slight reduction on a insurance coverage quote on XC70 insurance.
  • Student in College – Children who are enrolled in a college that is more than 100 miles from home and leave their car at home may qualify for this discount.
  • Employee of Federal Government – Having worked for a branch of the government can save as much as 8% on XC70 insurance but check with your company.
  • Accident Forgiveness – This one isn’t a discount, but some insurance companies will let one accident slide before hitting you with a surcharge with the catch being you have to be claim-free for a set time period.
  • Seat Belt Usage – Forcing all vehicle occupants to fasten their seat belts can save a little off the PIP or medical payment premium.
  • Membership in Organizations – Participating in qualifying clubs or civic groups can get you a small discount when shopping for insurance coverage.
  • Good Student – Being a good student can save 20 to 25%. This discount can apply well after school through age 25.

You should keep in mind that many deductions do not apply to your bottom line cost. Most only apply to the cost of specific coverages such as collision or personal injury protection. Just because you may think all the discounts add up to a free policy, companies don’t profit that way.

To view insurers with discount rates, click this link.

How to get the cheapest insurance

Most companies allow you to get coverage prices online. This process is pretty easy as you just type in your required coverages on the page. Upon sending the form, their system will order information on your driving record and credit history and generates a price based on many factors.

Quoting online makes comparing rates easy, but the time required to go to several different sites and type in the same data is a waste of time. But it’s absolutely necessary to perform this step in order to get the lowest possible prices on insurance.

There is a better way!

A more efficient way to lower your rates uses one simple form that analyzes rates from many companies. It saves time, requires much less work on your part, and makes comparison shopping much more enjoyable. Once the form is submitted, it is quoted and you can select your choice of the quotes that you receive.

If a lower price is quoted, you can click and sign and buy the policy. The entire process takes less than 15 minutes and may result in a nice savings.

In order to get comparison pricing now, click here to open in a new tab and complete the simple form. If you have a policy now, it’s recommended that you enter exactly as shown on your declarations page. Doing this guarantees you will get comparison quotes based on identical coverages.

Tailor your insurance coverage coverage to you

When choosing adequate coverage, there isn’t really a “perfect” insurance plan. Everyone’s needs are different.

Here are some questions about coverages that might point out whether your personal situation would benefit from professional advice.

  • Does my insurance cover damage caused when ticketed for reckless driving?
  • Will filing a claim cost me more?
  • Are rock chip repairs covered?
  • What is medical payments coverage?
  • Does my policy pay for OEM or aftermarket parts?
  • Why do I only qualify for high-risk insurance?
  • Is rental equipment covered for theft or damage?
  • Can I still get insurance after a DUI?
  • Is my teen driver covered when they drive my company car?

If you can’t answer these questions, you might consider talking to a licensed agent. If you want to speak to an agent in your area, simply complete this short form.

Save 15 percent in 15 minutes? Is it for real?

Respected companies like Progressive, Allstate and GEICO consistently run ads on TV and radio. They all seem to tend to make the same promise that you can save if you change your coverage. How is it possible that every company can claim to save you money? It’s all in the wording.

Different companies have specific characteristics for a prospective insured that is profitable for them. For instance, this type of risk profile might be described as between the ages of 40 and 55, carries full coverage, and chooses high deductibles. Anybody who matches that profile will qualify for the lowest rates and is almost guaranteed to save a lot if they switch.

Drivers who fall short of the “perfect” profile will probably be forced to pay higher rates which translates to business going elsewhere. If you listen closely, the ads state “people who switch” but not “everyone who gets a quote” save that much when switching. That is how insurance companies can confidently make claims like that.

Each company has different criteria, so drivers should get insurance coverage quotes as often as possible. It’s just not possible to know the company that will have the lowest rates.

Insurance policy coverages for a 2014 Volvo XC70

Having a good grasp of insurance aids in choosing the best coverages for your vehicles. The terms used in a policy can be confusing and coverage can change by endorsement.

Liability insurance

Liability insurance can cover damages or injuries you inflict on people or other property in an accident. 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 liability limits of 100/300/100 which means $100,000 bodily injury coverage, a per accident bodily injury limit of $300,000, and a total limit of $100,000 for damage to vehicles and property. Some companies may use one limit called combined single limit (CSL) which limits claims to one amount without having the split limit caps.

Liability coverage pays for claims like legal defense fees, attorney fees, repair bills for other people’s vehicles and funeral expenses. How much coverage you buy is a decision to put some thought into, but you should buy as high a limit as you can afford.

Uninsured and underinsured coverage

This protects you and your vehicle’s occupants when the “other guys” do not carry enough liability coverage. It can pay for medical payments for you and your occupants as well as your vehicle’s damage.

Since many drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is important protection for you and your family. Most of the time these limits do not exceed the liability coverage limits.

Collision coverage

This covers damage to your XC70 resulting from a collision with a stationary object or other vehicle. You first must pay a deductible then your collision coverage will kick in.

Collision insurance covers claims like hitting a parking meter, colliding with another moving vehicle, driving through your garage door, rolling your car and sustaining damage from a pot hole. Collision is rather expensive coverage, so consider dropping it from vehicles that are 8 years or older. Another option is to bump up the deductible to bring the cost down.

Coverage for medical payments

Medical payments and Personal Injury Protection insurance kick in for expenses for ambulance fees, dental work, surgery and doctor visits. The coverages can be used in conjunction with a health insurance policy or if you are not covered by health insurance. They cover you and your occupants and also covers being hit by a car walking across the street. PIP coverage is not an option in every state and may carry a deductible

Comprehensive coverages

This coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things such as falling objects, vandalism, theft, a tree branch falling on your vehicle and hitting a deer. The most a insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Save your cold hard cash

When shopping online for insurance, make sure you don’t skimp on critical coverages to save a buck or two. There are too many instances where an accident victim reduced comprehensive coverage or liability limits only to regret at claim time that it was a big mistake. Your goal is to buy a smart amount of coverage at the best price, but do not skimp to save money.

You just learned quite a bit of information on how to get a better price on 2014 Volvo XC70 insurance. The most important thing to understand is the more providers you compare, the better your chances of lowering your premium rates. Consumers could even find that the biggest savings come from some of the smallest insurance companies.

The cheapest 2014 Volvo XC70 insurance can be found online as well as from independent agents, so you need to shop insurance coverage with both in order to have the best price selection to choose from. A few companies may not offer rate quotes online and usually these smaller companies sell through independent agencies.

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