Best Ways to Save on Scottsdale Volvo C70 Insurance

Truthfully, the best way to find low-cost prices for car insurance rates is to compare quotes once a year from insurers that sell auto insurance in Scottsdale. Rates can be compared by following these steps.

• First, gain an understanding of how auto insurance works and the measures you can take to prevent expensive coverage. Many rating factors that result in higher rates such as multiple speeding tickets and poor credit history can be remedied by improving your driving habits or financial responsibility.
• Second, request rate estimates from direct carriers, independent agents, and exclusive agents. Direct companies and exclusive agencies can only quote rates from one company like GEICO or State Farm, while agents who are independent can quote rates from multiple companies. Select a company
• Third, compare the new rate quotes to your existing rates and see if there is a cheaper rate. If you find a better price, make sure the effective date of the new policy is the same as the expiration date of the old one.
• Fourth, provide notification to your current agent or company of your intent to cancel the current policy. Submit the completed application along with a down payment to the new company. Make sure you put the new proof of insurance certificate somewhere easily accessible.

One piece of advice is to use the same physical damage deductibles and liability limits on each quote and and to get price quotes from every insurance company. This provides a fair rate comparison and and a good selection of different prices.

It’s astonishing, but nearly 70% of consumers have stayed with the same insurance company for more than four years, and approximately 40% of consumers have never taken the time to shop around. Many consumers in Scottsdale can cut their rates by as much as 50% a year just by shopping around, but they mistakenly think it’s difficult to compare rates and save money.

If you have a policy now or want to find a cheaper company, follow these tips to find better prices and still get good coverage. Comparing rates for affordable coverage in Scottsdale is not as confusing as people think. Shoppers just need to understand how to get comparison rates from multiple carriers.

Getting a cheaper price on Volvo C70 insurance is actually easier than you may think. You just have to take a couple of minutes comparing price quotes online from several insurance companies.

The providers in the list below are ready to provide quotes in Arizona. If your goal is to find the cheapest car insurance in Arizona, it’s a good idea that you compare several of them to find the most competitive car insurance rates.

Three reasons auto insurance is important

Even though it’s not necessarily cheap to insure a Volvo in Scottsdale, insurance serves a purpose in several ways.

First, most states have compulsory liability insurance requirements which means you are required to buy specific limits of liability protection if you drive a vehicle. 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.

Second, if you have a loan on your C70, it’s most likely the lender will force you to have physical damage coverage to guarantee payment of the loan. If the policy lapses, the bank may insure your Volvo at a much higher premium rate and require you to reimburse them for it.

Third, insurance safeguards your Volvo C70 and your assets. It will also cover many types of medical costs that are the result of an accident. As part of your policy, liability insurance also pays for attorney fees and expenses if you are named as a defendant in an auto accident. If you receive damage to your vehicle caused by a storm or accident, comprehensive and collision coverage will pay to repair the damage.

The benefits of buying enough insurance are without a doubt worth the cost, especially with large liability claims. In a recent study of 1,000 drivers, the average customer overpays as much as $820 a year so compare quotes from several companies each time the policy renews to ensure rates are competitive.

Coverage statistics and figures

The premium table below outlines different rate quotes for Volvo C70 models. Learning more about how insurance policy premiums are established is important for making informed purchases.

Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Arizona minimum liability limits. Discounts applied include claim-free, safe-driver, homeowner, multi-vehicle, and multi-policy. Rates do not factor in garaging location in Scottsdale which can modify coverage prices significantly.

Policy deductibles

One common question asked by Scottsdale drivers is how high should the physical damage deductibles be. The tables below determine the rate difference when you select higher and lower physical damage coverage deductibles. The first rate estimation uses a $250 physical damage deductible and the second set of rates uses a $1,000 deductible.

Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Arizona minimum liability limits. Discounts applied include claim-free, homeowner, safe-driver, multi-vehicle, and multi-policy. Premium costs do not factor in specific garaging location which can modify price quotes noticeably.

Based on this data, we can arrive at the conclusion that using a $250 deductible costs about $25 more each month or $300 every year than opting for the higher $1,000 deductible. Because you would pay $750 more to file a claim with a $1,000 deductible as compared to a $250 deductible, if you tend to go at least 30 months between claim filings, you would probably be better off if you choose a higher deductible.

One important caveat is that raising deductibles to get cheaper rates means you will have to pay more when you have to file a claim. You need enough money stashed away in order to pay the deductible to have repairs made.

The chart below illustrates how your deductible choice and can increase or decrease Volvo C70 insurance rates for each age group. The data assumes a single male driver, full coverage, and no additional discounts are factored in.

Insurance rate increases from tickets or accidents

The information below illustrates how violations and at-fault fender-benders can raise Volvo C70 insurance prices for different age groups of insureds. The rates are based on a single female driver, comp and collision included, $250 deductibles, and no discounts are taken into consideration.

Do you need full coverage?

The information below compares Volvo C70 yearly insurance costs with full coverage compared to only the Arizona minimum liability coverage. The price estimates are based on no violations or claims, $250 deductibles, single status, and no discounts are factored in.

When to drop comp and collision

There is no definitive guideline to stop paying for full coverage, but there is a guideline you can consider. If the annual cost of your full coverage insurance is about 10% or more of the vehicle’s replacement cost less your deductible, then you may want to consider only buying liability coverage.

For example, let’s pretend your Volvo C70 settlement value is $8,000 and you have $1,000 deductibles. If your vehicle is severely damaged, the most you would receive is $7,000 after the deductible is paid. If premium cost is more than $700 annually for your policy with full coverage, then it’s probably a good time to buy liability coverage only.

There are a few situations where removing full coverage is not a good idea. If you still owe a portion of the original loan, you have to carry full coverage as part of the loan conditions. Also, if your savings is not enough to buy a different vehicle if your current one is damaged, you should keep full coverage in place.

Take these ten policy discounts and save on Volvo C70 insurance in Scottsdale

Some insurance providers don’t always list all possible discounts in a way that’s easy to find, so the following is a list of a few of the more common in addition to some of the lesser obvious credits that may apply to you. If you don’t get every credit you qualify for, you’re paying more than you need to.

• Safety Course Discount – Taking time to complete a course in driver safety can save you 5% or more and also improve your driving technique.
• Theft Prevention Discount – Cars that have factory anti-theft systems are less likely to be stolen and therefore earn up to a 10% discount.
• Scottsdale Homeowners Pay Less – Owning your own home or condo may trigger a policy discount on auto insurance due to the fact that maintaining a home is proof of financial responsibility.
• Auto/Life Discount – Companies who offer life insurance give a lower premium rate if you buy life insurance from them.
• Air Bag Discount – Vehicles equipped with air bags or motorized seat belts can receive discounts of 20 to 30 percent.
• One Accident Forgiven – This one is not really a discount per se, but companies like Allstate, Progressive, and GEICO will allow you to have one accident without getting socked with a rate hike if you are claim-free before the accident.
• Senior Discount – If you qualify as a senior citizen, you could receive reduced rates.
• Distant Student Discount – Older children who attend college more than 100 miles from Scottsdale and do not have access to a covered vehicle could get you a discount.
• Anti-lock Brake System – Cars with ABS and/or traction control are safer to drive and therefore earn up to a 10% discount.
• Discounts for Safe Drivers – Insureds without accidents can get discounts for up to 45% lower rates as compared to drivers with claims.

One last thing about discounts, most of the big mark downs will not be given to the entire policy premium. Some only apply to specific coverage prices like comp or med pay. So when it seems like adding up those discounts means a free policy, you’re out of luck.

The illustration below compares Volvo C70 premium costs with and without discounts. The information is based on a female driver, a clean driving record, no at-fault accidents, Arizona state minimum liability limits, full coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, claim-free, multi-policy, homeowner, marriage, and safe-driver discounts applied.

Insurance companies who may offer most of the discounts above include:

• State Farm
• Progressive
• Travelers
• American Family
• Liberty Mutual

If you are trying to find low cost Scottsdale auto insurance quotes, ask every insurance company what discounts are available to you. Savings might not apply in Scottsdale. If you would like to see a list of companies that can offer you the previously mentioned discounts in Arizona, click here.