2014 Volvo XC90 Insurance Rates – 10 Ideas for Best Quotes

Want lower auto insurance rates for your Volvo XC90? Wish you could get out of an underperforming, overpriced auto insurance policy? Don’t sweat it because you are not the only one feeling buyer’s remorse.

People have many car insurance companies to pick from, and although it’s a good thing to be able to choose, too many choices makes it more difficult to compare rates and cut insurance costs.

The purpose of this post is to help you learn how to effectively get price quotes and some tips to save money. If you are paying for car insurance now, you will be able to save some money using these methods. Nevertheless, vehicle owners can benefit by having an understanding of the methods companies use to compete online and take advantage of how the system works.

Do you qualify for these ten discounts?

Some providers don’t always publicize all their discounts very well, so the following list contains both the well known and the more hidden discounts that you may qualify for.

  • Onboard Data Collection – People who choose to allow their insurance company to scrutinize driving manner by using a telematic data system such as Progressive’s Snapshot could possibly reduce rates as long as they are good drivers.
  • Save with More Vehicles Insured – Drivers who insure multiple vehicles with the same company can reduce the rates for all insured vehicles.
  • Pay Early and Save – By paying your policy upfront rather than paying monthly you could save 5% or more.
  • Low Mileage – Driving less could qualify for better premium rates on cars that stay parked.
  • Anti-lock Brake Discount – Vehicles with anti-lock braking systems are much safer to drive and qualify for as much as a 10% discount.
  • Discounts for Seat Belt Usage – Forcing all vehicle occupants to fasten their seat belts can save up to 10 percent (depending on the company) on the medical payments or PIP coverage costs.
  • Discounts for New Vehicles – Buying insurance on a new vehicle can be considerably cheaper since new model year vehicles have better safety ratings.
  • Passive Restraints and Air Bags – Factory options such as air bags and/or automatic seat belt systems could see savings of 25 to 30%.
  • Accident Free – Insureds with no claims or accidents pay much less in comparison with insureds who have frequent claims or accidents.
  • Auto/Home Discount – If you insure your home and vehicles and insure them both with the same insurance company you may earn up to 20% off your total premium.

You can save money using discounts, but most discounts do not apply to the entire policy premium. Most only cut specific coverage prices like medical payments or collision. Despite the appearance that you would end up receiving a 100% discount, you aren’t that lucky. But any discount will definitely lower the amount you pay for coverage.

A few of the larger companies and some of the discounts include:

  • American Family may offer discounts for defensive driver, multi-vehicle, early bird, TimeAway discount, and air bags.
  • Farm Bureau discounts include driver training, multi-policy, renewal discount, safe driver, good student, 55 and retired, and multi-vehicle.
  • State Farm may have discounts that include passive restraint, accident-free, multiple autos, multiple policy, and good student.
  • Travelers includes discounts for student away at school, good student, payment discounts, hybrid/electric vehicle, and multi-policy.
  • The Hartford offers discounts for air bag, defensive driver, good student, anti-theft, driver training, and bundle.
  • GEICO has savings for military active duty, driver training, air bags, multi-policy, multi-vehicle, and defensive driver.
  • Progressive offers discounts including continuous coverage, homeowner, multi-policy, online signing, online quote discount, and good student.

If you need the cheapest insurance quotes, ask all companies you are considering which discounts they offer. Discounts may not be offered in your area. To find insurance companies that offer some of these discounts, click this link.

Drivers who switch save $436 a year? Really?

Big name companies like State Farm, Allstate and GEICO continually stream ads on TV and radio. They all try to convey promises of big savings just by moving your car insurance coverage to their company. But how can every company say the same thing? It’s all in how they say it.

Car insurance companies have specific characteristics for the type of driver that earns them a profit. A good example of a desirable insured should be over the age of 35, has no tickets, and the vehicle is rated for pleasure use. A driver that meets those criteria gets the lowest rates and will most likely cut their rates substantially.

Consumers who may not quite match those criteria may be forced to pay higher prices and business going elsewhere. The ads state “drivers that switch” not “everyone who quotes” save that much. That’s the way insurance companies can make claims like that.

Because of the profiling, it’s extremely important to get insurance quotes from several different companies. Because you cannot predict which insurance companies will have the best rates for your profile.

Don’t assume everyone needs the same insurance coverage coverage

When it comes to buying adequate coverage, there isn’t really a cookie cutter policy. Every insured’s situation is different so your insurance needs to address that. For instance, these questions can aid in determining whether your personal situation will benefit from professional help.

  • How do I insure my teen driver?
  • Should I buy only the required minimum liability coverage?
  • I have health insurance so do I need medical payments coverage?
  • Should I have a commercial auto policy?
  • Do I pay less if my vehicle is kept in my garage?
  • Can I afford low physical damage deductibles?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • What companies insure drivers after a DUI or DWI?
  • What can I do if my company won’t pay a claim?

If it’s difficult to answer those questions, you may need to chat with an agent. To find an agent in your area, fill out this quick form or click here for a list of insurance coverage companies in your area.

Specific coverage details

Knowing the specifics of your policy can be of help when determining which coverages you need for your vehicles. Car insurance terms can be impossible to understand and reading a policy is terribly boring. These are typical coverages found on most car insurance policies.

UM/UIM Coverage

This coverage protects you and your vehicle when other motorists either are underinsured or have no liability coverage at all. It can pay for medical payments for you and your occupants as well as damage to your Volvo XC90.

Because many people have only the minimum liability required by law, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is important protection for you and your family. Usually the UM/UIM limits are set the same as your liablity limits.

Medical costs insurance

Personal Injury Protection (PIP) and medical payments coverage provide coverage for bills such as ambulance fees, X-ray expenses, nursing services and hospital visits. They are used to fill the gap from your health insurance program or if there is no health insurance coverage. Coverage applies to not only the driver but also the vehicle occupants as well as being hit by a car walking across the street. Personal injury protection coverage is only offered in select states and gives slightly broader coverage than med pay

Collision insurance

This will pay to fix damage to your XC90 caused by collision with a stationary object or other vehicle. You first must pay a deductible and then insurance will cover the remainder.

Collision insurance covers claims such as driving through your garage door, crashing into a building, crashing into a ditch and hitting a parking meter. Collision is rather expensive coverage, so consider dropping it from older vehicles. Drivers also have the option to bump up the deductible to save money on collision insurance.

Comprehensive or Other Than Collision

This coverage pays to fix your vehicle from damage from a wide range of events other than collision. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things such as theft, a tree branch falling on your vehicle and hitting a bird. The maximum amount your car insurance company will pay is the cash value of the vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.

Auto liability insurance

Liability coverage protects you from damages or injuries you inflict on other’s property or people by causing an accident. This coverage protects you against other people’s claims, and doesn’t cover damage to your own property or vehicle.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show values of 50/100/50 that translate to $50,000 in coverage for each person’s injuries, a total of $100,000 of bodily injury coverage per accident, and a total limit of $50,000 for damage to vehicles and property. Another option is one limit called combined single limit (CSL) which provides one coverage limit and claims can be made without the split limit restrictions.

Liability coverage protects against things such as attorney fees, pain and suffering and legal defense fees. How much coverage you buy is a personal decision, but buy as high a limit as you can afford.

Final considerations

Discount 2014 Volvo XC90 insurance is possible online and from local insurance agents, so you should compare both in order to have the best price selection to choose from. A few companies do not offer online rate quotes and most of the time these small, regional companies only sell through independent agencies.

We just showed you quite a bit of information on how to compare 2014 Volvo XC90 insurance rates online. The most important thing to understand is the more companies you get car insurance rates for, the more likely it is that you will get a better rate. Consumers could even find that the lowest rates are with a company that doesn’t do a lot of advertising. These smaller insurers may only write in your state and offer lower car insurance rates compared to the large companies like State Farm or Progressive.

As you prepare to switch companies, it’s a bad idea to skimp on critical coverages to save a buck or two. There are many occasions where an insured dropped uninsured motorist or liability limits only to regret that it was a big error on their part. The proper strategy is to get the best coverage possible for the lowest price, but don’t skip important coverages to save money.

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