Cheaper 2016 Volvo XC90 Car Insurance Rates in 2024

Trying to find cheaper insurance rates for your Volvo XC90? There isn’t anyone who gets a kick out of paying for insurance, especially when they know they could find better rates elsewhere. Multiple car insurance companies compete for your insurance dollar, and because of this it can be hard to compare auto insurance companies to discover the definitive lowest price

It is always a good idea to get comparison quotes yearly since rates are adjusted regularly by insurance companies. Just because you found the best rate on XC90 insurance a few years ago other companies may now be cheaper. Block out anything you think you know about insurance because you’re about to find out the fastest and easiest way to properly buy coverages while reducing your premium.

How to compare car insurance quotes

Finding a lower price on 2016 Volvo XC90 insurance can be relatively painless. All that’s required is to take the time to compare free auto insurance quotes online with multiple companies. Insurance prices can be quoted by using one of the methods below.

• The recommended way to find the lowest comparison rates is to use a rate comparison form. This form saves time by eliminating separate quotation requests for each company you want a rate for. In just a few minutes this one form will return quotes from multiple low-cost companies.
• A more time consuming way to get comparison quotes is spending the time to visit the website of each company and get a separate price quote. For instance, we’ll assume you want comparison quotes from Auto-Owners, Safeco and Progressive. You would be required to go to each individual site and repeatedly enter your information, which is why the first method is more popular.

Whichever way you choose to compare rates, do your best to use the exact same coverages and limits on every quote. If each company quotes mixed coverages it will be very difficult to make a fair comparison for your Volvo XC90.

Pay discount rates with these discounts

Some insurance providers don’t always advertise their entire list of discounts very well, so the following is a list of some of the more common and also the more inconspicuous credits available to you.

• Theft Deterrent Discount – Cars that have factory anti-theft systems can help prevent theft and will qualify for a discount on a auto insurance quote.
• Save over 55 – Mature drivers may receive reduced rates on XC90 insurance.
• Include Life Insurance and Save – Not all companies offer life insurance, but some may give you better prices if you take out some life insurance too.
• ABS and Traction Control Discounts – Cars, trucks, and SUVs equipped with ABS or steering control prevent accidents so you can save 10 percent or more.
• Pay Early and Save – By paying your policy upfront rather than spreading payments over time you can avoid monthly service charges.
• Drivers Education – Have your child enroll and complete driver’s education if offered at their school.

Remember that some of the credits will not apply to the overall cost of the policy. Some only reduce the price of certain insurance coverages like comprehensive or collision. Even though it appears you can get free auto insurance, it doesn’t quite work that way.

Larger car insurance companies and their possible discounts are outlined below.

• State Farm offers discounts including accident-free, good student, multiple autos, good driver, and anti-theft.
• Farmers Insurance discounts include electronic funds transfer, distant student, multi-car, switch companies, mature driver, and early shopping.
• GEICO may offer discounts for anti-lock brakes, air bags, federal employee, anti-theft, defensive driver, and daytime running lights.
• American Family includes discounts for accident-free, Steer into Savings, air bags, defensive driver, bundled insurance, mySafetyValet, and good driver.
• Nationwide has discounts for family plan, Farm Bureau membership, defensive driving, multi-policy, accident-free, and business or organization.
• Progressive may include discounts for homeowner, multi-policy, continuous coverage, online signing, online quote discount, multi-vehicle, and good student.

Double check with all the companies which credits you are entitled to. Some credits might not be offered in your area.

Your situation helps dictate your coverage

When it comes to buying the best auto insurance coverage, there really is no single plan that fits everyone. Your needs are not the same as everyone else’s so this has to be addressed. For instance, these questions might point out whether or not you would benefit from an agent’s advice.

• Why am I be forced to buy a membership to get insurance from some companies?
• Does my personal policy cover me when driving out-of-state?
• If I drive on a suspended license am I covered?
• Will my rates increase for filing one claim?
• Can I pay claims out-of-pocket if I buy high deductibles?
• Is my business laptop covered if it gets stolen from my vehicle?
• Is pleasure use cheaper than using my 2016 Volvo XC90 to commute?
• Does coverage extend to a rental car in a foreign country?
• Am I covered if my car is in a flood?

If you’re not sure about those questions but a few of them apply then you might want to talk to an agent. If you want to speak to an agent in your area, simply complete your zip code. It is quick, free and can provide invaluable advice.

Why you might pay increased rates

Lots of factors are used in the calculation when pricing auto insurance. Some are pretty understandable such as your driving history, but some are less obvious such as your credit history and annual miles driven.

• Your employer and car insurance rates – Did you know your career choice can influence rates? Careers like judges, executives and dentists tend to have higher premiums than the average policyholder attributed to intense work requirements and lengthy work days. On the flip side, jobs such as professors, engineers and performers pay the least on XC90 insurance.
• Vehicles with better crash test results mean better prices – Vehicles with good safety scores cost less to insure. Vehicles engineered for safety help reduce the chance of injuries in an accident and better occupant protection translates directly to fewer claims and thus lower rates.
• Women tend to be lower risk – Over the last 50 years, statistics have shown that females tend to be a little less risky than males. The data does not necessarily mean that women are better drivers. Men and women cause at-fault accidents at about the same rate, but the male of the species cause more damage. Men also get cited for more serious violations like DWI (DUI) or reckless driving. Male teenagers are the most expensive to insure and therefore have the most expensive car insurance rates.
• You may save more by consolidating policies – Many insurers will award lower prices to people who consolidate policies with them. It’s known as a multi-policy discount. If you currently are using one company, it’s always a smart idea to compare rates to ensure the best deal. Drivers may still save even more than the discount by buying car insurance from a different company.
• Cheaper rates after marriage – Being married can get you a discount when shopping for car insurance. Marriage demonstrates that you tend to be more mature and statistics show married drivers tend to file fewer claims.
• High credit scores save money – Having a good credit history can be an important factor in determining what you pay for car insurance. So if your credit score is lower than you’d like, you may save money insuring your 2016 Volvo XC90 if you clean up your credit. Consumers who have good credit tend to be better risks to insure than those with poor credit.

Auto insurance coverage specifics

Understanding the coverages of auto insurance can be of help when determining appropriate coverage and proper limits and deductibles. The terms used in a policy can be ambiguous and reading a policy is terribly boring. These are the usual coverages found on most auto insurance policies.

Coverage for medical payments

Coverage for medical payments and/or PIP pay for bills like nursing services, ambulance fees, X-ray expenses and pain medications. They can be used in conjunction with a health insurance policy or if you do not have health coverage. Coverage applies to both the driver and occupants and will also cover any family member struck as a pedestrian. Personal Injury Protection is not available in all states but it provides additional coverages not offered by medical payments coverage

Collision protection

This pays for damage to your XC90 from colliding with an object or car. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage protects against things such as driving through your garage door, sustaining damage from a pot hole, damaging your car on a curb, rolling your car and crashing into a building. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Another option is to increase the deductible to bring the cost down.

Comprehensive coverages

This coverage covers damage OTHER than collision with another vehicle or object. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive insurance covers claims like a broken windshield, hitting a deer, fire damage, a tree branch falling on your vehicle and damage from flooding. The most you can receive from a comprehensive claim is the actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Liability

Liability insurance will cover damage or injury you incur to a person or their property. It protects YOU from legal claims by others, and doesn’t cover your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You commonly see values of 25/50/25 that means you have $25,000 bodily injury coverage, a limit of $50,000 in injury protection per accident, and a limit of $25,000 paid for damaged property.

Liability can pay for claims like repair bills for other people’s vehicles, attorney fees and emergency aid. How much liability coverage do you need? That is a personal decision, but consider buying higher limits if possible.

Uninsured and underinsured coverage

This protects you and your vehicle from other drivers when they either have no liability insurance or not enough. Covered losses include injuries to you and your family and also any damage incurred to your 2016 Volvo XC90.

Since many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages should not be overlooked.

The bottom line

We just covered many ideas to save on 2016 Volvo XC90 insurance. The key concept to understand is the more companies you get premium rates for, the better chance you’ll have of finding inexpensive auto insurance. You may be surprised to find that the lowest car insurance rates are with some of the lesser-known companies. These smaller insurers may cover specific market segments cheaper than the large multi-state companies such as State Farm or Progressive.

When you buy auto insurance online, it’s not a good idea to reduce needed coverages to save money. Too many times, someone dropped liability limits or collision coverage and learned later that their decision to reduce coverage ended up costing them more. Your goal should be to buy enough coverage at the best cost but still have enough coverage for asset protection.

Budget-friendly insurance is attainable online as well as from insurance agents, and you should compare rates from both in order to have the best price selection to choose from. Some companies may not have the ability to get a quote online and these small insurance companies prefer to sell through independent agents.