Save on 2016 Volvo S80 Car Insurance Quotes

Nobody that owns a car loves paying for car insurance, especially when they know they are paying too much.

Big companies like GEICO and Progressive promote their brand names with advertising and it is challenging if not impossible to see past the geckos and flying pigs and effectively compare rates to find the best deal.

You need to compare prices on a regular basis since prices are constantly changing. Just because you found the lowest quotes on S80 coverage at your last renewal you can probably find a lower rate today. Forget anything you know (or think you know) about car insurance because we’re going to demonstrate one of the best ways to properly buy coverages while reducing your premium.

Do you qualify for discounts?

Insuring your vehicles can cost a lot, but you may be missing some discounts that you may not even be aware of. A few discounts will be applied at quote time, but some need to be inquired about before they will apply.

  • Anti-lock Brake Discount – Cars, trucks, and SUVs with ABS and/or traction control are much safer to drive and will save you 10% or more.
  • Service Members Pay Less – Having an actively deployed family member could trigger a small discount.
  • Multi-Vehicle Discounts – Having multiple vehicles on one policy can reduce rates for all insured vehicles.
  • Paperwork-free – Certain companies will discount your bill up to fifty bucks just for signing your application on their website.
  • Pay Upfront and Save – If you can afford to pay the entire bill instead of monthly or quarterly installments you can actually save on your bill.

Don’t be surprised that most discounts do not apply to the entire policy premium. Most only reduce the price of certain insurance coverages like physical damage coverage or medical payments. So even though they make it sound like you would end up receiving a 100% discount, company stockholders wouldn’t be very happy.

A list of companies and some of the premium reductions they offer are detailed below.

  • State Farm offers discounts for good student, student away at school, safe vehicle, driver’s education, passive restraint, good driver, and multiple autos.
  • Farmers Insurance may offer discounts for early shopping, bundle discounts, homeowner, business and professional, electronic funds transfer, teen driver, and alternative fuel.
  • Progressive may have discounts that include good student, online signing, multi-policy, online quote discount, homeowner, and multi-vehicle.
  • GEICO offers discounts including five-year accident-free, military active duty, anti-lock brakes, membership and employees, defensive driver, and emergency military deployment.
  • Auto-Owners Insurance includes discounts for multiple vehicles, good student, group or association, mature driver, safe vehicle, paid in full, and paperless.
  • The Hartford offers premium reductions for bundle, driver training, defensive driver, air bag, good student, vehicle fuel type, and anti-theft.
  • Farm Bureau may include discounts for good student, multi-policy, driver training, multi-vehicle, safe driver, youthful driver, and 55 and retired.
  • USAA has discounts for vehicle storage, annual mileage, defensive driver, multi-policy, and good student.

If you are trying to find low cost insurance quotes, ask every insurance company how many discounts you can get. Depending on the company, some discounts might not be offered in every state. If you would like to view car insurance companies that provide some of the discounts listed above, click here to view.

Smart buyers can save money

Multiple criteria are used in the calculation when you quote your car insurance policy. A few of the factors are predictable such as your driving history, but other criteria are not quite as obvious like where you live or your financial responsibility.

  • Only buy coverage you need – Insurance policies have a lot of optional add-on coverages that sound like a good idea at the time but may not be useful. Coverages like roadside assistance, towing coverage, and extra life insurance coverage are some examples. They may sound like good ideas when you first buy your policy, but your money might be better spent on other coverage so remove them from your policy.
  • Your credit rating is important – A driver’s credit rating is a big factor in your rate calculation. So if your credit score is lower than you’d like, you could potentially save money when insuring your 2016 Volvo S80 by taking the time to improve your credit score. Drivers who have good credit tend to be more responsible than drivers who have lower ratings.
  • Higher car insurance rates for demanding vocations – Occupations like doctorspolice officers and stock brokers tend to pay higher average rates in part from intense work situations and long work days. Conversely, careers like farmers, students and performers pay lower than average rates on S80 coverage.
  • How much liability – The liability coverage on your policy will provide protection when a court rules you are at fault for physical damage or personal injury to other. This coverage provides legal defense to attempt to prove you were not liable. Liability is cheap compared to insuring for physical damage coverage, so do not skimp.
  • Save by driving safer vehicles – Safe vehicles get lower rates. Vehicles built for safety reduce the chance of injuries and any reduction in injury severity means lower claim amounts and cheaper rates on your policy. If your Volvo earned at least an “acceptable” rating on the Insurance Institute for Highway Safety website you may be receiving a better rate.

Don’t assume everyone needs the same auto insurance coverage

When choosing coverage for your personal vehicles, there really is not a “best” method to buy coverage. Every situation is different so your insurance needs to address that. For example, these questions may help highlight if your situation might need professional guidance.

  • Do I have coverage for damage caused while driving under the influence?
  • Is my business laptop covered if it gets stolen from my vehicle?
  • Does car insurance cover theft of personal property?
  • Can I drive in Mexico and have coverage?
  • Is my trailer covered?
  • Do I need special endorsements for business use of my vehicle?
  • Can I afford low physical damage deductibles?
  • Where can I find high-risk insurance?
  • Does coverage extend to my business vehicle?
  • What is PIP insurance?

If you don’t know the answers to these questions but you know they apply to you, then you may want to think about talking to a licensed agent. If you don’t have a local agent, complete this form or you can also visit this page to select a carrier

Insurance advertising tricks

GEICO, State Farm and Progressive regularly use ads in print and on television. All the companies make an identical promise about savings if you change to their company. Is it even possible that every company can lower your premium rates? You have to listen carefully.

Insurance companies have strict underwriting profiles for the type of customer that will add to their bottom line. For example, a profitable customer may need to be married and over the age of 30, owns their home, and chooses high deductibles. A propective insured that meets those criteria receive the lowest rate quotes and will probably save if they switch.

Insureds who don’t measure up to this ideal profile will see higher rates and ends up with the customer not buying. The ads say “drivers who switch” but not “everyone who gets a quote” save that much. This is how companies can truthfully make those claims.

This really illustrates why you really need to compare price quotes frequently. You cannot predict with any certainty which company will have the lowest car insurance rates for your situation.

Specific coverage details

Having a good grasp of your policy helps when choosing which coverages you need for your vehicles. The coverage terms in a policy can be ambiguous and even agents have difficulty translating policy wording. Listed below are the normal coverages available from car insurance companies.

Medical expense insurance – Personal Injury Protection (PIP) and medical payments coverage reimburse you for bills for things like hospital visits, EMT expenses and rehabilitation expenses. They are used to fill the gap from your health insurance program or if you do not have health coverage. Coverage applies to not only the driver but also the vehicle occupants and will also cover if you are hit as a while walking down the street. Personal injury protection coverage is only offered in select states and may carry a deductible

Protection from uninsured/underinsured drivers – This gives you protection from other motorists when they either are underinsured or have no liability coverage at all. It can pay for injuries sustained by your vehicle’s occupants and also any damage incurred to your Volvo S80.

Because many people carry very low liability coverage limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Most of the time these limits do not exceed the liability coverage limits.

Collision coverage – Collision insurance will pay to fix damage to your S80 resulting from colliding with an object or car. A deductible applies then the remaining damage will be paid by your insurance company.

Collision can pay for things such as crashing into a ditch, sideswiping another vehicle, crashing into a building, rolling your car and colliding with another moving vehicle. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from lower value vehicles. You can also increase the deductible to save money on collision insurance.

Comprehensive (Other than Collision) – This coverage pays to fix your vehicle from damage that is not covered by collision coverage. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive insurance covers claims like hitting a bird, a tree branch falling on your vehicle, hail damage, damage from getting keyed and vandalism. The most a car insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle’s value is low consider dropping full coverage.

Liability – Liability coverage protects you from damages or injuries you inflict on other people or property in an accident. This insurance protects YOU from legal claims by others. It does not cover your injuries or vehicle damage.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show liability limits of 25/50/25 that means you have $25,000 in coverage for each person’s injuries, a limit of $50,000 in injury protection per accident, and $25,000 of coverage for damaged propery. Occasionally you may see a combined limit which provides one coverage limit with no separate limits for injury or property damage.

Liability coverage pays for claims such as legal defense fees, structural damage and loss of income. How much liability coverage do you need? That is up to you, but you should buy as much as you can afford.

Save your cold hard cash

More affordable auto insurance is attainable on the web as well as from independent agents, so you should be comparing quotes from both to have the best selection. There are still a few companies who do not offer rate quotes online and most of the time these small insurance companies prefer to sell through independent insurance agents.

When searching for cheap insurance quotes, you should never reduce needed coverages to save money. In many instances, consumers will sacrifice liability limits or collision coverage and learned later that a couple dollars of savings turned into a financial nightmare. The aim is to find the BEST coverage at the lowest possible cost, but don’t skip important coverages to save money.

In this article, we presented a lot of information how to reduce 2016 Volvo S80 insurance rates online. The key concept to understand is the more rate comparisons you have, the higher your chance of finding the cheapest insurance. You may be surprised to find that the best rates are with some of the smallest insurance companies. Some small companies may cover specific market segments cheaper as compared to the big name companies such as State Farm or Progressive.

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