2019 Volvo XC60 Insurance Cost in 2024 – 5 Tips to Save

Purchasing the lowest cost insurance on the internet may be challenging for consumers who are beginners to quoting and comparing prices on the web. With literally dozens of online companies available, how can drivers be able to compare the different rates to find the best available price?

It’s a great practice to do price comparisons quite often due to the fact that insurance rates change frequently. If you had the lowest premium rates for XC60 insurance on your last policy there is a good chance you can find better prices now. There is too much inaccurate information about insurance online, but you can learn a bunch of ideas how to lower your insurance bill.

Compare insurance price quotes online

To find low cost prices, there are a couple of ways to compare prices from many insurance companies in your state. The easiest way to compare 2019 Volvo XC60 insurance prices consists of obtaining rate quotes online. This can be accomplished in a couple of different ways.

The most recommended method consumers can analyze rates is to use a rate comparison form. This form prevents you from having to do repetitive form submissions for each company. One simple form compares rates instantly. It’s the fastest way to compare.

A less efficient way to analyze rates is to take the time to go to each individual company website to complete their respective quote request forms. For examples sake, we’ll pretend you want to get rates from Liberty Mutual, Safeco and State Farm. You would have to spend time on each company’s site and repeatedly enter your information, and that’s why the first method is more popular.

The most difficult way to compare price quotes is driving around to local insurance agencies. Quoting online has reduced the need for local agents unless you’re the type of person who wants the trained advice that only an agent can give. It is possible with some companies get the lowest quotes online but still have the advice of a local agent.

Which method you use is up to you, but make darn sure you compare the same coverage information for each price quote. If your comparisons have higher or lower deductibles then you won’t be able to truly determine the lowest rate. Having just a slight variation in limits could mean much higher rates. And when comparison shopping, comparing more rates from different companies gives you a better chance of getting the best rates.

More discounts mean lower-cost premiums

Some providers don’t always advertise every possible discount in an easy-to-find place, so the list below details a few of the more well known and also the more inconspicuous credits that you can use to lower your rates.

• Service Members Pay Less – Being deployed with a military unit may qualify for rate reductions.
• Low Mileage Discounts – Fewer annual miles on your Volvo can qualify you for discounted prices on garaged vehicles.
• Multi-policy Discount – If you insure your home and vehicles with one company you may earn as much as 10 to 15 percent.
• Student Driver Training – It’s a good idea to have your young drivers complete a driver education course if it’s offered in school.
• Senior Citizen Rates – Seniors can possibly qualify for better auto insurance rates for XC60 insurance.

Discounts save money, but please remember that most discounts do not apply to your bottom line cost. Most only apply to specific coverage prices like physical damage coverage or medical payments. So when it seems like you could get a free auto insurance policy, you won’t be that lucky.

The best auto insurance companies and the discounts they provide are shown below.

• GEICO has savings for daytime running lights, federal employee, good student, anti-theft, multi-vehicle, and driver training.
• Mercury Insurance may offer discounts for anti-theft, ease of repair, good student, age of vehicle, multi-car, type of vehicle, and multi-policy.
• Farmers Insurance includes discounts for good student, electronic funds transfer, mature driver, pay in full, business and professional, early shopping, and switch companies.
• Auto-Owners Insurance offers discounts including anti-theft, air bags, safe vehicle, good student, student away at school, multi-policy, and safe driver.
• Liberty Mutual has discounts for hybrid vehicle, newly retired, new vehicle discount, safety features, multi-car, and new graduate.
• SAFECO may include discounts for bundle discounts, drive less, teen safe driver, anti-lock brakes, accident prevention training, safe driver, and anti-theft.
• Progressive policyholders can earn discounts including multi-policy, good student, continuous coverage, homeowner, and multi-vehicle.
• USAA offers premium reductions for multi-vehicle, military installation, defensive driver, annual mileage, new vehicle, good student, and vehicle storage.

If you are trying to find the cheapest auto insurance quotes, ask each insurance company which discounts you may be entitled to. Some discounts listed above might not apply in every state.

It’s not one size fits all

When it comes to buying coverage for your personal vehicles, there really is not a “best” method to buy coverage. Everyone’s situation is a little different.

For example, these questions can help discover if your situation will benefit from professional help.

• Can I get a multi-policy discount for packaging my home and auto coverage?
• Is Motor Club coverage worth it?
• Am I covered if I wreck a rental car?
• Am I covered when using my vehicle for business?
• Does liability extend to a camper or trailer?
• Is my teen driver covered when they drive my company car?
• When does my teenage driver need to be added to my policy?
• What is the difference between comprehensive and collision coverage?
• How many claims can I have before being cancelled?
• Why am I required to buy liability insurance?

If you’re not sure about those questions, then you may want to think about talking to an agent. To find an agent in your area, take a second and enter your zip code.

Car insurance coverage information

Learning about specific coverages of your policy helps when choosing appropriate coverage at the best deductibles and correct limits. Insurance terms can be difficult to understand and coverage can change by endorsement.

Medical expense coverage

Med pay and PIP coverage pay for short-term medical expenses such as chiropractic care, EMT expenses, dental work, doctor visits and prosthetic devices. They are often used in conjunction with a health insurance policy or if there is no health insurance coverage. It covers you and your occupants as well as being hit by a car walking across the street. PIP coverage is only offered in select states and gives slightly broader coverage than med pay

Comprehensive protection

This coverage covers damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against things like theft, vandalism, hitting a deer and fire damage. The most you can receive from a comprehensive claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Liability auto insurance

This protects you from injuries or damage you cause to a person or their property in an accident. It protects you against other people’s claims. It does not cover damage to your own property or vehicle.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show liability limits of 100/300/100 which stand for $100,000 in coverage for each person’s injuries, a total of $300,000 of bodily injury coverage per accident, and a limit of $100,000 paid for damaged property.

Liability coverage protects against claims such as court costs, bail bonds and medical services. The amount of liability coverage you purchase is a decision to put some thought into, but you should buy higher limits if possible.

Uninsured or underinsured coverage

Your UM/UIM coverage protects you and your vehicle’s occupants when the “other guys” do not carry enough liability coverage. It can pay for hospital bills for your injuries as well as your vehicle’s damage.

Since many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is important protection for you and your family.

Coverage for collisions

Collision insurance pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. You will need to pay your deductible then your collision coverage will kick in.

Collision can pay for things like colliding with a tree, colliding with another moving vehicle and damaging your car on a curb. Collision is rather expensive coverage, so consider dropping it from vehicles that are older. Drivers also have the option to choose a higher deductible to save money on collision insurance.