Save on Volvo XC70 Insurance in Scottsdale

If your goal is the lowest price, then the best way to get more affordable Volvo XC70 insurance in Scottsdale is to make a habit of regularly comparing prices from insurers in Arizona.

1. Try to understand how companies price auto insurance and the factors you can control to drop your rates. Many risk factors that increase rates like traffic violations, accidents, and an imperfect credit rating can be amended by making minor changes to your lifestyle.
2. Compare rates from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can only give rate quotes from one company like GEICO or State Farm, while independent agencies can provide prices for many different companies.
3. Compare the new quotes to your existing policy to see if a cheaper rate is available in Scottsdale. If you find a lower rate quote and buy the policy, make sure there is no lapse between the expiration of your current policy and the new one.
4. Give proper notification to your current agent or company of your intention to cancel the current policy and submit a down payment and signed policy application to your new carrier. Once coverage is bound, put the new certificate of insurance in an accessible location in your vehicle.

The key thing to remember is to make sure you’re comparing similar coverage information on each price quote and and to get rates from as many auto insurance providers as possible. This helps ensure a fair rate comparison and and a good selection of different prices.

Unbelievably, almost 70% of drivers in Arizona have stayed with the same insurance company for at least four years, and about 40% of consumers have never even compared quotes to find affordable rates. U.S. insurance shoppers can save as much as $859 each year just by shopping around, but they don’t invest the time required to compare rate quotes online.

The quickest method to compare insurance rates from multiple companies is to take advantage of the fact most of the larger companies pay for the opportunity to compare rate quotes. To start a quote, the only thing you need to do is give them rating details like how old drivers are, if you’re married, the year, make and model of vehicles, and an estimate of your credit level. Your details gets transmitted to many highly-rated insurers and you receive quotes instantly.

To start a rate quote now, click here and find out if lower rates are available in Scottsdale.

The companies shown below offer quotes in Scottsdale, AZ. If multiple companies are listed, it’s a good idea that you get rate quotes from several of them to get the most competitive price.

Volvo XC70 insurance rate analysis

The rate table below highlights a range of coverage prices for Volvo XC70 models. Knowing how car insurance premiums are figured is important to be able to make smart choices when purchasing an auto insurance policy.

Table data represents single male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Arizona minimum liability limits. Discounts applied include multi-policy, multi-vehicle, claim-free, homeowner, and safe-driver. Price estimates do not factor in specific garaging location which can alter coverage prices greatly.

Rate comparison for different deductibles

When shopping for auto insurance, a common question is how low should you set your deductibles. The following tables summarize the difference in cost of buying low and high physical damage coverage deductibles. The first set of rates uses a $250 physical damage deductible and the second data table uses a $1,000 deductible.

Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, and Arizona minimum liability limits. Discounts applied include claim-free, safe-driver, homeowner, multi-vehicle, and multi-policy. Information does not factor in specific zip code location which can change premiums noticeably.

We can derive from the above data that using a $250 deductible costs approximately $26 more each month or $312 every year than buying the higher $1,000 deductible. Since you would pay $750 more to file a claim with a $1,000 deductible as compared to a $250 deductible, if you normally average at a minimum 29 months between claim filings, you would come out ahead if you elect the higher deductible. The numbers below show how you can decide this on your own policy.

Auto insurance cost for men versus women

The chart below compares Volvo XC70 car insurance costs for male and female drivers. The prices are based on no accidents or driving violations, comprehensive and collision coverage, $500 deductibles, single status, and no discounts are factored in.

Cost of full coverage in Scottsdale

The information below compares Volvo XC70 car insurance costs with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The rates are based on no claims or violations, $500 deductibles, drivers are not married, and no policy discounts are applied.

Guidelines for dropping full coverage

There is no specific rule for dropping comprehensive and collision coverage on your policy, but there is a guideline you can use. If the annual cost of having full coverage is 10% or more of replacement cost minus your deductible, then you may need to consider dropping full coverage.

For example, let’s assume your Volvo XC70 replacement value is $8,000 and you have $1,000 physical damage deductibles. If your vehicle is severely damaged, the most you would get paid by your company is $7,000 after paying the physical damage deductible. If it’s costing in excess of $700 annually for physical damage coverage, then it’s probably a good time to buy liability coverage only.

There are some scenarios where removing full coverage is not financially feasible. If you still owe a portion of the original loan, you have to carry full coverage in order to satisfy the requirements of the loan. Also, if you cannot afford to purchase a different vehicle in the even your car is totaled, you should maintain full coverage.

These discounts can lower your auto insurance rates

Some insurers do not advertise the complete list of policy discounts very clearly, so the following list contains some of the best known as well as some of the hidden discounts that you may qualify for. If you do not double check each discount you deserve, you may be paying too high a price.

• Discounts for Cautious Drivers – Drivers without accidents could pay up to 40% less compared to rates paid by drivers with frequent claims.
• Discounts for New Vehicles – Putting coverage on a new XC70 may earn a small discount since newer vehicles have better safety ratings.
• Waiver for an Accident – This one isn’t a discount, but companies like Liberty Mutual, Allstate and State Farm permit an accident before raising your premiums so long as you haven’t had any claims prior to the accident.
• Driving Data Discount – Scottsdale drivers who agree to allow their auto insurance company to spy on when and where they use their vehicle by installing a telematics device such as Drivewise from Allstate or Snapshot from Progressive might see lower rates if they are good drivers.
• Own a Home and Save – Owning a home in Scottsdale can help you save on auto insurance because of the fact that having a home requires a higher level of personal finance.
• More Vehicles More Savings – Having several vehicles with one company can get a discount for every vehicle.
• Theft Deterrent System – Cars with anti-theft systems have a lower chance of being stolen and can earn a small discount on your policy.
• Passive Restraints and Air Bags – Vehicles with factory air bags or motorized seat belts can qualify for discounts of 20 to 30 percent.

Discounts lower rates, but many deductions do not apply to all coverage premiums. A few only apply to the cost of specific coverages such as liability, collision or medical payments. Even though it may seem like all the discounts add up to a free policy, company stockholders wouldn’t be very happy. Any amount of discount will help lower the premium cost.

The example below illustrates the comparison of Volvo XC70 insurance rates with and without discounts. The data assumes a female driver, no claims or violations, Arizona state minimum liability limits, comp and collision included, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, safe-driver, homeowner, multi-car, marriage, and multi-policy discounts applied.

To see providers with the best Volvo XC70 insurance discounts in Scottsdale in Arizona, click here.

Best reasons to buy insurance in Arizona

Even though it can be expensive, insurance serves an important purpose.

• Almost all states have minimum mandated liability insurance limits which means state laws require a specific level of liability coverage if you want to drive legally. In Arizona these limits are 15/30/10 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
• If you took out a loan on your XC70, most banks will require you to buy insurance to ensure loan repayment if the vehicle is totaled. If you let the policy lapse, the bank may buy a policy for your Volvo for a lot more money and force you to reimburse them a much higher amount than you were paying before.
• Insurance protects both your Volvo XC70 and your assets. It will also cover medical bills for yourself as well as anyone injured by you. Liability coverage also covers all legal expenses up to the policy limit if you cause an accident and are sued. If you have damage to your Volvo as the result of the weather or an accident, collision and comprehensive coverages will pay to have it repaired.

The benefits of carrying enough insurance greatly outweigh the cost, particularly for liability claims. According to a recent study, the average American driver is currently overpaying as much as $800 each year so you should quote rates each time the policy renews to help ensure money is not being wasted.

Get rate quotes but buy from a neighborhood Scottsdale auto insurance agent

A lot of people just prefer to go talk to an agent. Good insurance agents can help you choose the best coverages and help you file claims. A good thing about getting free rate quotes online is that you can find lower auto insurance rates but also keep your business local.

To find an agent, once you fill out this simple form, the quote information is immediately sent to companies in Scottsdale who can give free rate quotes for your business. It simplifies rate comparisons since you won’t have to contact any agents due to the fact that quote results will go immediately to you. In the event you want to get a price quote from a specific car insurance provider, you would need to find their quoting web page and submit a quote form there.

Finding the right company requires you to look at more than just the quoted price. These are some questions your agent should answer.

• Will the agent or a CSR service your policy?
• Has the agent ever had any license suspensions?
• If you have an accident, are you able to get your vehicle repaired at the shop of your choice?
• What company do they have the most business with?
• Will high miles depreciate repair valuations?
• Which companies can they place coverage with?